<SEC-DOCUMENT>0001292814-23-000992.txt : 20230317
<SEC-HEADER>0001292814-23-000992.hdr.sgml : 20230317
<ACCEPTANCE-DATETIME>20230317170936
ACCESSION NUMBER:		0001292814-23-000992
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		183
CONFORMED PERIOD OF REPORT:	20221231
FILED AS OF DATE:		20230317
DATE AS OF CHANGE:		20230317

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:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36165
		FILM NUMBER:		23743704

	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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  <ix:nonFraction name="abev:TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_TotalExpensesExposureMember" id="xdx2ixbrl6440" unitRef="BRL" xs:nil="true"></ix:nonFraction>
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  <ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschProcurementMember" id="xdx2ixbrl7589" unitRef="BRL" xs:nil="true"></ix:nonFraction>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center">UNITED STATES<br />
SECURITIES AND EXCHANGE COMMISSION<br />
WASHINGTON, D.C. 20549</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0.1in 0 15.2pt; text-align: center"><span style="font-size: 12pt"><b>FORM</b></span>&#160;<b><span id="xdx_90F_edei--DocumentType_c20220101__20221231_zEXGIiTQ2OPa"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:DocumentType">20-F</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0.1in 0 15.2pt; text-align: center">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td colspan="2" style="padding: 0.25pt; text-align: justify"><b>(Mark One)</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; width: 2%; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; width: 98%; text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: top">
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  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: center"><b>OR</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
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    <td style="padding: 0.25pt; text-align: justify"><b>ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: justify"><b>For the fiscal year ended</b>&#160;<b><span id="xdx_90D_edei--DocumentPeriodEndDate_c20220101__20221231" title="Document Period End Date"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate"><span id="xdx_90B_edei--CurrentFiscalYearEndDate_c20220101__20221231_zD6PAYKmO5L2"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt:datemonthdayen" name="dei:CurrentFiscalYearEndDate">December 31</ix:nonNumeric></span>, 2022</ix:nonNumeric></span></b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: center"><b>OR</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify"><span style="font-family: Segoe UI Symbol,sans-serif"><span id="xdx_90E_edei--DocumentTransitionReport_c20220101__20221231_zufQ0yJoiqd9"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt:booleanfalse" name="dei:DocumentTransitionReport">&#9744;</ix:nonNumeric></span></span></td>
    <td style="padding: 0.25pt; text-align: justify"><b>TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: center"><b>OR</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify">&#160;</td>
    <td style="padding: 0.25pt; text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="padding: 0.25pt; text-align: justify"><span style="font-family: Segoe UI Symbol,sans-serif"><span id="xdx_905_edei--DocumentShellCompanyReport_c20220101__20221231_zbVUWOMtlqDk"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt:booleanfalse" name="dei:DocumentShellCompanyReport">&#9744;</ix:nonNumeric></span></span></td>
    <td style="padding: 0.25pt; text-align: justify"><b>SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></td></tr>
  </table>
<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center">Commission file number: <span style="text-decoration: underline"><span id="xdx_909_edei--EntityFileNumber_c20220101__20221231_zAz89hHLZIr3"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityFileNumber">001-36165</ix:nonNumeric></span></span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span style="font-size: 12pt"><span id="xdx_900_edei--EntityRegistrantName_c20220101__20221231_zQU96KV5jh1a"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityRegistrantName">AMBEV S.A.</ix:nonNumeric><br />
</span><span style="font-size: 9pt; font-weight: normal">(Exact name of Registrant as specified in its charter)</span></span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center">Federative Republic of <span id="xdx_902_edei--EntityIncorporationStateCountryCode_c20220101__20221231_zVbvyx6Nq091"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt-sec:edgarprovcountryen" name="dei:EntityIncorporationStateCountryCode">Brazil</ix:nonNumeric></span><br />
<span style="font-size: 9pt; font-weight: normal">(Jurisdiction of incorporation or organization)</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="xdx_907_edei--EntityAddressAddressLine1_c20220101__20221231" title="Entity Address, Address Line One"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityAddressAddressLine1">Rua Dr. Renato Paes de Barros, 1017, 3rd floor</ix:nonNumeric></span><br />
<span id="xdx_90F_edei--EntityAddressPostalZipCode_c20220101__20221231" title="Entity Address, Postal Zip Code"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityAddressPostalZipCode">04530-001</ix:nonNumeric></span> <span id="xdx_90B_edei--EntityAddressCityOrTown_c20220101__20221231" title="Entity Address, City or Town"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityAddressCityOrTown">S&#227;o Paulo</ix:nonNumeric></span>, SP, <span id="xdx_90D_edei--EntityAddressCountry_c20220101__20221231" title="Entity Address, Country"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt-sec:countrynameen" name="dei:EntityAddressCountry">Brazil</ix:nonNumeric></span><br />
<span style="font-size: 9pt; font-weight: normal">(Address of principal executive offices)<br />
</span><span id="xdx_90F_edei--ContactPersonnelName_c20220101__20221231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember" title="Contact Personnel Name"><ix:nonNumeric contextRef="From2022-01-012022-12-31_dei_BusinessContactMember" name="dei:ContactPersonnelName">Lucas Machado Lira</ix:nonNumeric></span>, Chief Financial and Investor Relations Officer<br />
Address: <span id="xdx_906_edei--EntityAddressAddressLine1_c20220101__20221231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember" title="Entity Address, Address Line One"><ix:nonNumeric contextRef="From2022-01-012022-12-31_dei_BusinessContactMember" name="dei:EntityAddressAddressLine1">Rua Dr. Renato Paes de Barros</ix:nonNumeric></span>, 1017, 3rd floor, <span id="xdx_90E_edei--EntityAddressPostalZipCode_c20220101__20221231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember" title="Entity Address, Postal Zip Code"><ix:nonNumeric contextRef="From2022-01-012022-12-31_dei_BusinessContactMember" name="dei:EntityAddressPostalZipCode">04530-001</ix:nonNumeric></span>, <span id="xdx_907_edei--EntityAddressCityOrTown_c20220101__20221231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember" title="Entity Address, City or Town"><ix:nonNumeric contextRef="From2022-01-012022-12-31_dei_BusinessContactMember" name="dei:EntityAddressCityOrTown">S&#227;o Paulo</ix:nonNumeric></span>, SP, <span id="xdx_907_edei--EntityAddressCountry_c20220101__20221231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember" title="Entity Address, Country"><ix:nonNumeric contextRef="From2022-01-012022-12-31_dei_BusinessContactMember" format="ixt-sec:countrynameen" name="dei:EntityAddressCountry">Brazil</ix:nonNumeric></span><br />
Telephone No.: +<span id="xdx_90F_edei--CityAreaCode_c20220101__20221231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember" title="City Area Code"><ix:nonNumeric contextRef="From2022-01-012022-12-31_dei_BusinessContactMember" name="dei:CityAreaCode">55</ix:nonNumeric></span> (11) <span id="xdx_90D_edei--LocalPhoneNumber_c20220101__20221231__dei--EntityAddressesAddressTypeAxis__dei--BusinessContactMember" title="Local Phone Number"><ix:nonNumeric contextRef="From2022-01-012022-12-31_dei_BusinessContactMember" name="dei:LocalPhoneNumber">2122-1200</ix:nonNumeric></span><br />
e-mail: ri@ambev.com.br<br />
<span style="font-size: 9pt; font-weight: normal">(Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center">Securities registered or to be registered
pursuant to Section 12(b) of the Act:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="width: 36%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Title of each
    class</b></p></td>
    <td style="width: 30%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Trading Symbol(s)</b></p></td>
    <td style="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Name of each exchange
    on which registered</b></p></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span id="xdx_905_edei--Security12bTitle_c20220101__20221231_zqYfV3BFUrC6"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:Security12bTitle">American Depositary Shares,</ix:nonNumeric></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span id="xdx_904_edei--SecurityExchangeName_c20220101__20221231_zHujFPymWl6f"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">New York Stock Exchange</ix:nonNumeric></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">evidenced by American Depositary</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span id="xdx_90A_edei--TradingSymbol_c20220101__20221231_zOrqW8Obg116"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:TradingSymbol">ABEV</ix:nonNumeric></span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Receipts, each representing</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">1 (one) common share*,</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">no par value</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  </table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.25in; text-align: justify; text-indent: -0.25in">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">*</td><td style="text-align: justify">Not for trading, but in connection with the registration of American Depositary Shares, pursuant to the
requirements of the Securities and Exchange Commission.</td></tr></table>


<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><b>Securities registered or to be registered pursuant
to Section 12(g) of the Act: None</b></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center">Securities for which there is a reporting
obligation pursuant to Section 15(d) of the Act:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="width: 58%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Title of each
    class</b></p></td>
    <td style="width: 42%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Name of each exchange
    on which registered</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Not applicable</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Not applicable</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>Indicate the number of outstanding shares
of each of the issuer&#8217;s classes of capital or common stock as of the close of the period covered by the annual report.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center; color: #242424"><span style="background-color: white"><span id="xdx_90B_edei--EntityCommonStockSharesOutstanding_iI_c20230224_zSXwXJikmMBh" title="Entity Common Stock, Shares Outstanding"><ix:nonFraction name="dei:EntityCommonStockSharesOutstanding" contextRef="AsOf2023-02-24" format="ixt:numdotdecimal" decimals="INF" unitRef="Shares">15,750,216,851</ix:nonFraction></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>Indicate by check mark if the registrant is
a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b><span id="xdx_90B_edei--EntityWellKnownSeasonedIssuer_c20220101__20221231_z0qVEGdyK02"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityWellKnownSeasonedIssuer">Yes</ix:nonNumeric></span> <span style="font-family: Wingdings">x</span>
No &#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>If this report is an annual or transition
report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934. </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Yes &#9744; <span id="xdx_90B_edei--EntityVoluntaryFilers_c20220101__20221231_z1H9kDQztntc"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityVoluntaryFilers">No</ix:nonNumeric></span> <span style="font-family: Wingdings">x</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>Indicate by check mark whether the registrant
(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements
for the past 90 days.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b><span id="xdx_90B_edei--EntityCurrentReportingStatus_c20220101__20221231_zA4klY8oyUC8"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityCurrentReportingStatus">Yes</ix:nonNumeric></span> <span style="font-family: Wingdings">x</span>
No &#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify"><b>Indicate by check mark whether the registrant
has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (&#167; 232.405
of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b><span id="xdx_902_edei--EntityInteractiveDataCurrent_c20220101__20221231_zTpVZ6vNriAf"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:EntityInteractiveDataCurrent">Yes</ix:nonNumeric></span> <span style="font-family: Wingdings">x</span>
No &#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of &#8220;accelerated
filer,&#8221; &#8220;large accelerated filer,&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act. </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><span id="xdx_90D_edei--EntityFilerCategory_c20220101__20221231_zUdH9zOWMWfk"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt-sec:entityfilercategoryen" name="dei:EntityFilerCategory">Large accelerated filer</ix:nonNumeric></span> <span style="font-family: Wingdings">x</span>&#9;Accelerated
filer &#9744;&#9;Non-accelerated filer &#9744; &#9;Emerging growth company <span id="xdx_90E_edei--EntityEmergingGrowthCompany_c20220101__20221231" title="Entity Emerging Growth Company"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span> </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>If an emerging growth company that prepares
its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition
period for complying with any new or revised financial accounting standards&#8224; provided pursuant to Section 13(a) of the Exchange
Act. &#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#8224; The term &#8220;new or revised financial
accounting standard&#8221; refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification
after April 5, 2012.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify"><b>Indicate by check mark whether the registrant
has filed a report on and attestation to its management&#8217;s assessment of the effectiveness of its internal control over financial
reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or
issued its audit report.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Yes <span style="font-family: Wingdings"><span id="xdx_909_edei--IcfrAuditorAttestationFlag_c20220101__20221231" title="ICFR Auditor Attestation Flag"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt:booleantrue" name="dei:IcfrAuditorAttestationFlag">x</ix:nonNumeric></span></span>
No &#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>If securities are registered pursuant to Section
12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction
of an error to previously issued financial statements.&#9;&#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>Indicate by check mark whether any of those
error corrections are restatements that required a recovery analysis of incentive based compensation received by any of the registrant&#8217;s
executive officers during the relevant recovery period pursuant to &#167;240.10D-1(b). &#9;&#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>Indicate by check mark which basis of accounting
the registrant has used to prepare the financial statements included in this filing:</b></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 18%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>U.S. GAAP &#9744;</b></td>
    <td style="width: 52%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b><span id="xdx_90E_edei--DocumentAccountingStandard_c20220101__20221231_zYE67BLCzGol"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:DocumentAccountingStandard">International Financial Reporting Standards</ix:nonNumeric></span> as issued by the International Accounting Standards Board <span style="font-family: Wingdings">x</span></b></td>
    <td style="width: 30%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>Other </b>&#9744;</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>If &#8220;Other&#8221; has been checked in
response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. N/A</b></p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Item 17 &#9744; Item 18 &#9744;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"><b>If this is an annual report, indicate by check
mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Yes &#9744; <span id="xdx_906_edei--EntityShellCompany_c20220101__20221231"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt:booleanfalse" name="dei:EntityShellCompany">No</ix:nonNumeric></span></b><b><span style="font-family: Wingdings">x</span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="TableOfContents"></span>TABLE OF CONTENTS </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: right"><span style="font-weight: normal">Page</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#9;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 50%"><a href="#a_001">INTRODUCTION</a></td>
  <td style="text-align: right; width: 50%"><a href="#a_001">1</a></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 50%"><a href="#a_002">PRESENTATION OF FINANCIAL AND OTHER INFORMATION</a></td>
  <td style="text-align: right; width: 50%"><a href="#a_002">1</a></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 50%"><a href="#a_003">MARKET DATA</a></td>
  <td style="text-align: right; width: 50%"><a href="#a_003">2</a></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 50%"><a href="#a_004">CURRENCY TRANSLATION</a></td>
  <td style="text-align: right; width: 50%"><a href="#a_004">2</a></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 50%"><a href="#a_005">TRADEMARKS</a></td>
  <td style="text-align: right; width: 50%"><a href="#a_005">3</a></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 50%"><a href="#a_006">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION</a></td>
  <td style="text-align: right; width: 50%"><a href="#a_006">3</a></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 50%"><a href="#a_007">PART I</a></td>
  <td style="text-align: right; width: 50%"><a href="#a_007">6</a></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_008">ITEM 1.</a></td><td style="padding-right: 0.5in"><a href="#a_008">IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_008">6</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_009">ITEM 2.</a></td><td style="padding-right: 0.5in"><a href="#a_009">OFFER STATISTICS AND EXPECTED TIMETABLE</a>&#9;</td>
    <td style="text-align: right"><a href="#a_009">8</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_010">ITEM 3.</a></td><td style="padding-right: 0.5in"><a href="#a_010">KEY INFORMATION</a>&#9;</td>
    <td style="text-align: right"><a href="#a_010">9</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_011">ITEM 4.</a></td><td style="padding-right: 0.5in"><a href="#a_011">INFORMATION ON THE COMPANY</a>&#9;</td>
    <td style="text-align: right"><a href="#a_011">37</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_012">ITEM 4A.</a></td><td style="padding-right: 0.5in"><a href="#a_012">UNRESOLVED STAFF COMMENTS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_012">61</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_013">ITEM&#160;5.</a></td><td style="padding-right: 0.5in"><a href="#a_013">OPERATING AND FINANCIAL REVIEW AND PROSPECTS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_013">62</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_014">ITEM 6.</a></td><td style="padding-right: 0.5in"><a href="#a_014">DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</a>&#9;</td>
    <td style="text-align: right"><a href="#a_014">90</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_015">ITEM 7.</a></td><td style="padding-right: 0.5in"><a href="#a_015">MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_015">105</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_016">ITEM 8.</a></td><td style="padding-right: 0.5in"><a href="#a_016">FINANCIAL INFORMATION</a>&#9;</td>
    <td style="text-align: right"><a href="#a_016">110</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_017">ITEM 9.</a></td><td style="padding-right: 0.5in"><a href="#a_017">THE OFFER AND LISTING</a>&#9;</td>
    <td style="text-align: right"><a href="#a_017">123</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_018">ITEM 10.</a></td><td style="padding-right: 0.5in"><a href="#a_018">ADDITIONAL INFORMATION</a>&#9;</td>
    <td style="text-align: right"><a href="#a_018">126</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_019">ITEM 11.</a></td><td style="padding-right: 0.5in"><a href="#a_019">QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</a>&#9;</td>
    <td style="text-align: right"><a href="#a_019">150</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_020">ITEM 12.</a></td><td style="padding-right: 0.5in"><a href="#a_020">DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</a>&#9;</td>
    <td style="text-align: right"><a href="#a_020">154</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 33%"><a href="#a_036">PART II</a>&#9;</td>
  <td style="width: 34%">&#160;</td>
  <td style="text-align: right; width: 33%"><a href="#a_036">156</a></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_021">ITEM 13.</a></td><td style="padding-right: 0.5in"><a href="#a_021">DEFAULT, DIVIDENDS ARREARAGES AND DELINQUENCIES</a>&#9;</td>
    <td style="text-align: right"><a href="#a_021">156</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_022">ITEM 14.</a></td><td style="padding-right: 0.5in"><a href="#a_022">MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_022">157</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_023">ITEM 15.</a></td><td style="padding-right: 0.5in"><a href="#a_023">CONTROLS AND PROCEDURES</a>&#9;</td>
    <td style="text-align: right"><a href="#a_023">160</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_024">ITEM 16A.</a></td><td style="padding-right: 0.5in"><a href="#a_024">AUDIT COMMITTEE FINANCIAL EXPERT</a>&#9;</td>
    <td style="text-align: right"><a href="#a_024">161</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_025">ITEM 16B.</a></td><td style="padding-right: 0.5in"><a href="#a_025">CODE OF BUSINESS CONDUCT</a>&#9;</td>
    <td style="text-align: right"><a href="#a_025">162</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_026">ITEM 16C.</a></td><td style="padding-right: 0.5in"><a href="#a_026">PRINCIPAL ACCOUNTANT FEES AND SERVICES</a>&#9;</td>
    <td style="text-align: right"><a href="#a_026">163</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_027">ITEM 16D.</a></td><td style="padding-right: 0.5in"><a href="#a_027">EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</a>&#9;</td>
    <td style="text-align: right"><a href="#a_027">165</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_028">ITEM 16E.</a></td><td style="padding-right: 0.5in"><a href="#a_028">PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_028">166</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_029">ITEM 16F.</a></td><td style="padding-right: 0.5in"><a href="#a_029">CHANGE IN REGISTRANT&#8217;S CERTIFYING ACCOUNTANT</a>&#9;</td>
    <td style="text-align: right"><a href="#a_029">167</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_030">ITEM 16G.</a></td><td style="padding-right: 0.5in"><a href="#a_030">CORPORATE GOVERNANCE</a>&#9;</td>
    <td style="text-align: right"><a href="#a_030">168</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_031">ITEM 16H.</a></td><td style="padding-right: 0.5in"><a href="#a_031">MINE SAFETY DISCLOSURE</a>&#9;</td>
    <td style="text-align: right"><a href="#a_031">169</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_032">ITEM 16I.</a></td><td style="padding-right: 0.5in"><a href="#a_032">DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_032">170</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 33%"><a href="#a_037">PART III</a></td>
  <td style="width: 34%">&#160;</td>
  <td style="text-align: right; width: 33%"><a href="#a_037">171</a></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_033">ITEM 17.</a></td><td style="padding-right: 0.5in"><a href="#a_033">FINANCIAL STATEMENTS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_033">171</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_034">ITEM 18.</a></td><td style="padding-right: 0.5in"><a href="#a_034">FINANCIAL STATEMENTS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_034">172</a></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.8in"><a href="#a_035">ITEM 19.</a></td><td style="padding-right: 0.5in"><a href="#a_035">EXHIBITS</a>&#9;</td>
    <td style="text-align: right"><a href="#a_035">173</a></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="a_001"></span>INTRODUCTION</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">This annual report on Form
20-F relates to the registered American Depositary Shares, or ADSs, of Ambev S.A., or Ambev, evidenced by American Depositary Receipts,
or ADRs, each representing one common share, no par value, of Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In this annual report, except
as otherwise indicated or as the context otherwise requires, the &#8220;Company,&#8221; &#8220;Ambev,&#8221; &#8220;we,&#8221; &#8220;us&#8221;
and &#8220;our&#8221; refers to Ambev S.A. and its subsidiaries and, unless the context otherwise requires, the predecessor companies
that have been merged out of existence with and into it. All references to &#8220;Old Ambev&#8221; refer to <i>Companhia de Bebidas das
Am&#233;ricas &#8211; Ambev</i>, our former subsidiary that had common and preferred shares listed on the S&#227;o Paulo Stock, Commodities
and Futures Exchange (<i>B3 S.A. &#8211; Brasil, Bolsa, Balc&#227;o</i>), or the B3 (previously named as <i>BM&amp;FBovespa S.A. &#8211;
Bolsa de Valores, Mercadorias e Futuros</i>), and common and preferred ADSs listed on the New York Stock Exchange, or the NYSE, and that
was merged out of existence with and into us in January 2014. All references to &#8220;NAB&#8221; are to the non-alcoholic beverages in
our portfolio other than non-alcoholic beer. All references to &#8220;Brazil&#8221; are to the Federative Republic of Brazil unless the
context otherwise requires. All references to the &#8220;Brazilian government&#8221; are to the federal government of Brazil. All references
to percent ownership interests in Ambev do not consider treasury shares.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="a_002"></span>PRESENTATION OF FINANCIAL AND OTHER INFORMATION</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We prepare our audited consolidated
financial statements in accordance with International Financial Reporting Standards, or IFRS, as issued by the International Accounting
Standards Board, or the IASB. The financial information and related discussion and analysis contained in this annual report on Form 20-F
are presented in <i>reais</i>, except as otherwise specified. Unless otherwise specified, the financial information analysis in this annual
report on Form 20-F is based on our consolidated financial statements as of December 31, 2022 and 2021 and for the three years ended December
31, 2022, included elsewhere in this document. Percentages and some amounts in this annual report on Form 20-F have been rounded for ease
of presentation. Any discrepancies between totals and the sums of the amounts listed are due to rounding.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Unless otherwise specified,
volumes, as used in this annual report on Form 20-F, include both beer (including future beverages) and NAB volumes. In addition, unless
otherwise specified, our volumes refer not only to the brands that we own or license, but also third-party brands that we brew or otherwise
produce as a subcontractor, and third-party products that we sell through our distribution network. Our volume figures in this annual
report on Form 20-F reflect 100% of the volumes of entities that we fully consolidate in our financial reporting. In addition, market
share data contained in this annual report on Form 20-F refers to volumes sold.</p>




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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><b><i>Tax Credits &#8211; 2022</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><b><i></i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">After the decision of the
Supreme Federal Court (&#8220;STF&#8221;) in the judgment of RE 574.706/PR, rendered in 2017 and ratified in May 2021, which declared
the unconstitutionality of the inclusion of the ICMS in the taxable base of social contributions on gross revenues (&#8220;PIS and COFINS&#8221;),
the General Attorney&#8217;s Office (&#8220;PGFN&#8221;), with binding effects, ruled on the content and effects of this decision. The
PGFN normative (PGFN Opinion 14,483/2021, which approved and complemented PGFN Opinion No. 12,943/2021) presented its understanding of
the limits of the judgment and equated the procedures that must be observed by the Tax Administration in relation to the matter, especially
with regard to issues related to the ICMS to be excluded from the taxable base of PIS and COFINS, temporal aspects regarding the applicability
of the STF understanding (modulation of effects) and the impacts of said exclusion on the credits recorded by the purchasers upon acquisitions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Considering the consolidation
of PGFN's understanding on the subject with biding effects, with important clarifications regarding the content and effects of the decision
rendered by the STF in the context of RE 574.706/PR, the Company carried out a set of analyses, with the support of its legal advisors
and external consultants, with the purpose of deepening and exhausting all legal issues related to a specific portion of its transactions,
which, as they involve transactions between subsidiaries, present greater complexity in terms of quantification of recoverable debt, notably
considering aspects related to the system of non-cumulative calculation of PIS and COFINS within a Group structure.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Such analysis presented additional
complexity when compared to the scenarios for recognition of credits resulting from the exclusion of ICMS in the tax base of PIS and COFINS
previously registered by the Company, since it involves transactions with subsidiaries, as mentioned above, considering the necessity
of combining the legal understandings referred to above with the specific taxation regime in which the Company is inserted.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the second quarter of
2022, all relevant and necessary steps were concluded for the fulfillment of the requirements for the accounting recognition of the asset,
including its measurement with reasonable assurance, the gathering of supporting documents and the quantification of the credit, the
Company had its 2022 results positively impacted by an additional tax credit of R$1.2 billion.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">With respect to the amount referred to
above, R$0.9 billion was recorded in Other Operating Income, as described in Financial Statement Note 7 &#8211; Other Operating Income/(Expenses),
and R$0.3 billion in Financial Income, as described in Note 11 &#8211; Financial Expenses and Income of our audited consolidated financial
statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b><i>Corporate Income Taxes
Recovery &#8211; SELIC interest upon the recovery of taxes</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On September 24, 2021, in
the judgment of RE No. 1,063,187/SC (<i>Recurso Extraordin&#225;rio n&#186; 1.063.187/SC &#8211; &#8220;Tema 962&#8221;</i>), the STF
ruled, with binding effects, that the levy of IRPJ and CSLL (Brazilian income taxes) on the SELIC interest earned upon the recovery of
taxes was unconstitutional.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company and its subsidiaries
have ongoing judicial proceedings on this subject. Based on the binding decision issued by STF and on the analysis of our external counsels,
the Company assessed as probable the chances of such tax treatment being granted with regards to the recognition of the Company&#8217;s
right to recover/offset the amount of IRPJ and CSLL calculated and paid over the SELIC interest earned upon the recovery of taxes accounted
in the period between 2006 and 2022, as well as the exclusion of amounts of this nature in the calculation of IRPJ/CSLL taxable basis.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="font-style: normal">The
amounts related to this matter in the period of 2022 amounted R$329 million in taxes (IRPJ/CSLL).</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><span id="a_003"></span><span style="text-transform: none">M</span>ARKET
DATA</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Market information (including
market share, market position and industry data for our operating activities and those of our subsidiaries or of companies acquired by
us) or other statements presented in this Form 20-F regarding our position (or that of companies acquired by us) relative to our competitors
largely reflect the best estimates of our management. These estimates are based upon information obtained from customers, trade or business
organizations and associations, other contacts within the industries in which we operate and, in some cases, upon published statistical
data. Except as otherwise stated, our market share data, as well as our management&#8217;s assessment of our comparative competitive position,
has been derived by comparing our sales volumes for the relevant period to our management&#8217;s estimates of our competitors&#8217;
sales volumes for such period, as well as upon published statistical data, and, in particular the reports published and the information
made publicly available by, among others, the local brewers&#8217; associations and the national statistics bureaus in the various countries
in which we sell our products. Although we have no reason to believe any of this information or these reports are inaccurate in any material
respect and believe and act as if they are reliable, we have not independently verified it.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="a_004"></span>CURRENCY TRANSLATION</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In this annual report, references
to &#8220;<i>real</i>,&#8221; &#8220;<i>reais</i>&#8221; or &#8220;R$&#8221; are to the legal currency of Brazil, references to &#8220;U.S.
dollar&#8221; or &#8220;US$&#8221; are to the official currency of the United States and references to &#8220;Canadian dollar&#8221; or
&#8220;C$&#8221; are to the legal currency of Canada.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We maintain our books and
records in <i>reais</i>. However, solely for the convenience of the reader, we have translated certain amounts included in this annual
report from <i>reais</i> into U.S. dollars using the selling rate as reported by the Central Bank of Brazil (<i>Banco Central do Brasil</i>),
or the Central Bank, as of December 31, 2022 of R$5.22 to US$1.00 or, where expressly indicated, at an average exchange rate prevailing
during a certain period. We have also translated some amounts from U.S. dollars and Canadian dollars into <i>reais</i>. All such currency
translations should not be considered representations that any such amounts represent, or could have been, or could be, converted into,
U.S. or Canadian dollars or <i>reais</i> at that or at any other exchange rate. See &#8220;Item 10. Additional Information&#8212;D. Exchange
Controls and other Limitations Affecting Security Holders&#8221; for more detailed information regarding the translation of <i>reais</i>
into U.S. dollars.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="a_005"></span>TRADEMARKS</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">This annual report includes
the names of our products which constitute trademarks or trade names which we own, or which are owned by others and are licensed to us
for our use. This annual report also contains other brand names, trade names, trademarks or service marks of other companies, and these
brand names, trade names, trademarks or service marks are the property of those other companies.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="a_006"></span>CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Some of the information contained
in this annual report may constitute forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933,
as amended, or the Securities Act, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, or the Exchange Act. We have
based these forward-looking statements largely on our current expectations and projections about future events, industry and financial
trends affecting our business.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Many of these forward-looking
statements can be identified by the use of forward-looking words such as &#8220;anticipate,&#8221; &#8220;project,&#8221; &#8220;may,&#8221;
&#8220;believe,&#8221; &#8220;could,&#8221; &#8220;expect,&#8221; &#8220;should,&#8221; &#8220;plan,&#8221; &#8220;intend,&#8221; &#8220;estimate,&#8221;
&#8220;potential,&#8221;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify">among others. These statements appear in a number
of places in this annual report and include, but are not limited to, statements regarding our intent, belief or current expectations.
Forward-looking statements are subject to certain risks and uncertainties that are outside our control and are difficult to predict. These
risks and uncertainties could cause actual results to differ materially from those suggested by forward-looking statements. Factors that
could cause actual results to differ materially from those contemplated by forward<span style="font-family: MS Mincho">&#45;</span>looking
statements include, among others:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the economic, financial, political, public health and other effects of coronavirus pandemic, or COVID-19, (or other pandemics,
epidemics and similar crises) and governmental responses thereto, particularly as such factors impact markets where we operate and continue
to cause severe ongoing negative macroeconomic effects, thus heightening many of the other risks described in the &#8220;Item 3. Key Information&#8212;D.
Risk Factors&#8221; in this annual report, which may impact our business operations, demand for our products, or overall economic activity
globally;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol; color: windowtext">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: windowtext">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span><span style="color: windowtext">general economic, political and business conditions both in Brazil and abroad,
developments and the perception of risks in connection with the administration of President </span>Luiz In&#225;cio Lula da Silva<span style="color: windowtext">,
as well as policies he may adopt or change during his term in office, including economic and fiscal reforms, responses and measures to
address the ongoing COVID-19 pandemic and a worsening of the health crisis as a result of new variants of the virus or otherwise, any
of which may negatively affect growth prospects in the Brazilian economy as a whole; </span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol; color: windowtext">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: windowtext">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the political climate resulting from the 2022 presidential elections in Brazil;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol; color: windowtext">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: windowtext">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>uncertainty regarding the ongoing hostility between Russia and Ukraine and the related impact on global macroeconomic conditions
as a result of such conflict;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>our ability to timely and efficiently implement any necessary measure in response to, or to mitigate the impacts of, natural disasters
or health epidemics/pandemics, including the ongoing COVID-19 pandemic, on our business, operations, cash flows, perspectives, liquidity
and financial condition;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>our ability to predict and efficiently react to the temporary or long-term changes in our customers and consumers&#8217; behavior,
including as a result of the COVID-19 pandemic, even after the pandemic is sufficiently controlled;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>greater than expected costs (including taxes) and expenses;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the risk of unexpected consequences resulting from acquisitions, joint ventures, strategic alliances, corporate reorganizations
or divestiture plans, and our ability to successfully and cost-effectively implement these transactions and integrate the operations of
businesses or other assets that we acquire;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>our expectations with respect to expansion plans, projected asset divestitures, premium growth, accretion to reported earnings,
working capital improvements and investment income or cash flow projections;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>lower than expected revenue;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>greater than expected customer losses and business disruptions;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>limitations on our ability to contain costs and expenses;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>local, regional, national and international economic conditions, including the risks of a global recession or a recession in one
or more of our key markets, and the impact they may have on us, our customers and our consumers, and our assessment of that impact;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the monetary, exchange rate and interest rate policies of central banks;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>continued availability of financing;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span> market and financial risks, such as interest rate risk, foreign exchange rate risk, commodity risk, asset price risk, equity market
risk, inflation or deflation;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>our ability to continue to introduce competitive new products and services on a timely, cost-effective basis;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the effects of competition and consolidation in the markets in which we operate, which may be influenced by regulation, deregulation
or enforcement policies;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>changes in pricing environments and volatility in commodity prices;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>regional or general changes in asset valuations;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>changes in consumer spending and consumptions habits;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the outcome of pending and future litigation and governmental proceedings and investigations;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>global political and economic developments;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>changes in government policies, international trade policies, applicable laws, regulations and taxes in jurisdictions in which
we operate including the laws and regulations governing our operations, as well as actions or decisions of courts and regulators;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>natural and other disasters;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol; color: windowtext">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: windowtext">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>water and/or energy scarcity and changes in government regulations aimed at rationing water and/or energy consumption <span style="color: windowtext">in
Brazil or other countries in which we operate</span>;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>any inability to economically hedge certain risks;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>inadequate impairment provisions and loss reserves;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>technological changes;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>our success in managing the risks involved in the foregoing;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>governmental intervention, resulting in changes to the economic, tax or regulatory environment in Brazil or other countries in
which we operate;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>inflation, appreciation, depreciation and devaluation of the <i>real</i> or other currencies in which we operate, which has been
particularly affected by the COVID-19 pandemic and economic effects thereto;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>fluctuation and volatility of foreign exchange rates;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>ability to declare and pay dividends and interest on equity (&#8220;IOC&#8221;);</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>changes in government policies regarding tax subsidies and incentives;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>availability and our ability to secure raw and packaging material that goes into our products;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the utilization of Ambev&#8217;s subsidiaries&#8217; income tax loss carry forwards; and</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>other factors or trends affecting our financial condition or results of operations, including those factors identified or discussed
under &#8220;Item 3. Key Information&#8212;D. Risk Factors.&#8221;</p>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We caution you that forward-looking
statements are not guarantees of future performance and involve risks and uncertainties. Forward-looking statements reflect only our current
expectations and are based on our management&#8217;s beliefs and assumptions and on information currently available to our management.
Actual results may differ materially from those in forward-looking statements as a result of various factors, including, without limitation,
those identified under &#8220;Item 3. Key Information&#8212;D. Risk Factors&#8221; in this annual report. As a result, investors are cautioned
not to place undue reliance on forward-looking statements contained in this annual report when making an investment decision.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Forward-looking statements
speak only as of the date they are made, and we do not undertake any obligation to update them in light of new information or future developments
or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence
of unanticipated events.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Investors should consider
these cautionary statements together with any written or oral forward-looking statements that we may issue in the future.</p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="a_007"></span>PART I</p>

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_008"></span>ITEM 1.</td><td>IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_009"></span>ITEM 2.</td><td>OFFER STATISTICS AND EXPECTED TIMETABLE</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_010"></span>ITEM 3.</td><td>KEY INFORMATION</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Selected
Financial Data</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">[Reserved]</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Capitalization
and Indebtedness</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Reasons
for the Offer and Use of Proceeds</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 10pt; margin-right: 0pt; margin-bottom: 12pt; text-align: justify; text-indent: 3.3pt"><b>D.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Risk
Factors</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Before making an investment
decision, you should consider all of the information set forth in this annual report, including the consolidated financial statements
and our periodic public information released by Ambev from time to time. In particular, you should consider the special features applicable
to an investment in Brazil and applicable to an investment in Ambev, including those set forth below. In general, investing in the securities
of issuers in emerging market countries, such as Brazil, involves a higher degree of risk than investing in the securities of issuers
in the United States. Our business, financial condition and operational results may also be significantly affected not only by the risks
set forth below but also by other risks that are currently unknown or considered irrelevant to us.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: center; text-indent: 0in"><span style="font-style: normal">Summary
of Risk Factors</span></p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Risks Relating
to Our Operations</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We face operational risks that can result in the partial or temporary shutdown of our operations, which
may adversely affect our financial condition and results of operations;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our results of operations are affected by fluctuations in exchange rates, and devaluation of the
                                                                                                             real or other currencies with which we operate relative to other currencies, including the U.S. dollar, which may adversely affect
                                                                                                             our financial performance;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Information technology failures, including failures to implement upgrades and new technologies effectively
or those that affect the privacy and security of sensitive customer and business information, could disrupt our operations;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We are subject to risks associated with noncompliance with any data protection laws in the countries in
which we operate and can be adversely affected by any penalties or other sanctions imposed;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We are exposed to the risk of litigation;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We rely on the reputation of our brands and damages to their reputation may have an adverse effect on
our sales;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">If any of our products is defective or found to contain contaminants, we may be subject to product recalls,
individual or collective litigation and/or other liabilities;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">If we are not successful in obtaining and maintaining the necessary licenses in the countries in which
we operate, we may be subject to fines, penalties, or other regulatory sanctions, which could negatively impact our business and cause
us to incur additional costs;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We may not be able to protect our intellectual property rights;</td></tr></table>


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<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our failure to obtain or renew surety bonds and letters of credit on acceptable terms or at all may adversely
affect our liquidity, financial condition and business;</td></tr></table>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our insurance coverage may be insufficient to make us whole on any losses that we may sustain in the future;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">The relative volatility and illiquidity of securities of Brazilian companies may substantially limit your
ability to sell our common shares and ADSs at the price and time you desire;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our shareholders may not receive any dividends or IOC;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Future equity issuances may dilute the holdings of current holders of Ambev common shares or ADSs and
could materially affect the market price for those securities;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Contractual and legal restrictions to which Ambev and its subsidiaries are potentially or allegedly subject
may be triggered upon the consummation of certain transactions involving our indirect controlling shareholder, Anheuser-Busch InBev SA/NV,
or ABI, resulting in adverse limitations to our operations;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our current controlling shareholder will be able to determine the outcome of our most significant corporate
actions;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">The ability of our foreign subsidiaries to distribute cash upstream may be subject to various conditions
and limitations;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We may not be able to recruit or retain key personnel;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We rely on key third parties, including key suppliers, and the termination or modification of the arrangements
with such third parties <i>or non-compliance with the Company's ESG guidelines </i>or any failure to comply with laws and regulations
by them could negatively affect our business;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Demand for our products may be adversely affected by changes in consumer preferences and tastes;</td></tr></table>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Risks Relating
to the Economy Sector in Which We Operate</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Volatility in commodities prices may adversely affect our financial performance;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Negative publicity focusing on us or our products or on the way we conduct our operations may harm
                                                                                                             our business;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Competition could lead to a reduction of our margins, increase costs and adversely affect our profitability;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">If we do not successfully comply with applicable anti-corruption laws and regulations, we could be subjected
to fines, penalties or other regulatory sanctions, as well as adverse press coverage, which could impact our reputation, operations and
sales;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Increases in taxes levied on beverage products in the countries in which we operate and unfair competition
arising from tax evasion may adversely affect our results and profitability;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our business is subject to regulations in the countries in which we operate, and we may have our activities
impacted by foreign legislation regarding social, environmental and climate issues;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We are subject to Brazilian and other antitrust regulations;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">The Brazilian government has exercised, and continues to exercise, significant influence over the Brazilian
economy. Brazilian economic and political conditions have a direct impact on our business and the market price of our shares and ADSs;</td></tr></table>


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<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Economic and political uncertainty and volatility in Brazil, and the perception of these conditions in
the international financial markets, may adversely affect our business and the market price of our shares and ADSs;</td></tr></table>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Risks Relating
to Other Countries in Which We Operate</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our Latin America South operations are subject to substantial risks relating to the businesses and operations
conducted in Argentina and other South American countries;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Deterioration in economic and market conditions in Brazil and other emerging market countries, as well
as in developed economies (including as a result of the COVID-19 virus pandemic), may adversely affect the market price of our common
shares and ADSs;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 18pt"></td><td style="width: 17.45pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">We operate a joint venture in Cuba, in which the Government of Cuba is our joint venture partner. Cuba
is still targeted by broad and comprehensive economic and trade sanctions of the United States. Our operations in Cuba may adversely affect
our reputation and the liquidity and value of our securities;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">The extent of the pandemic declared by the World Health Organization due to the spread of COVID-19, the
perception of its effects or the way in which this pandemic will continue to impact our business, depends on future developments which
are highly uncertain and unpredictable, and may result in a material adverse effect on our business, financial condition, results of operations
and cash flow;</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Social Issues</i></b></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">The Company is subject to obligations imposing respect for human rights, which
may cause the Company to incur additional costs, as well as significant contingencies related to social issues;</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Environment Issues</i></b></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our operations are subject to broad safety and environmental regulations, the non-compliance of which
may pose significant financial, operational, reputational, litigation and regulatory risks related to environmental issues for us;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Natural and other disasters and accidents caused by human and technological errors could disrupt our operations;</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Climate issues, including
physical and transition risks</i></b></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in">	</td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Scarcity or poor quality of water may negatively affect our production costs and capacity;</td></tr></table>


<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Climate change, or legal, regulatory or market measures to address climate change, may negatively affect
our business or operations;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Seasonal
consumption cycles and adverse weather conditions may result in fluctuations in demand for our products;</td></tr></table>



<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in"><b>Risks Relating
to Our Common Shares and ADSs</b></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Brazilian foreign exchange controls and regulations could restrict conversions and remittances abroad
of the dividend payments and other shareholder distributions paid in Brazil in <i>reais</i> arising from Ambev&#8217;s common shares (including
shares underlying the Ambev ADSs);</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">The surrender of ADSs may cause the loss of the ability to remit foreign currency abroad and of certain
Brazilian tax attributes;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Certain shareholder entitlements may not be available in the U.S. to holders of Ambev ADSs;</td></tr></table>


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<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Holders of Ambev ADSs may be unable to fully exercise voting rights with respect to the Ambev shares underlying
their ADSs;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Our status as a foreign private issuer allows us to follow Brazilian corporate governance practices and
exempts us from a number of rules under the U.S. securities laws and listing standards, which may limit the amount of public disclosures
available to investors and the shareholder protections afforded to them;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">As a Brazilian company, Ambev is subject to different corporate laws and regulations than those typically
applicable to U.S.-listed companies, which may result in Ambev&#8217;s shareholders having fewer or less well-defined shareholder rights
than the shareholder rights of those companies;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Foreign holders of our ADSs may face difficulties in serving process on or enforcing judgments against
us and other persons; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Judgments of Brazilian courts with respect to our shares will be payable only in <i>reais</i>.</td></tr></table>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Risks Relating
to Our Operations</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">We face operational
risks that can result in the partial or temporary shutdown of our operations, which may adversely affect our financial condition and results
of operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We face operational risks
that may result in partial or temporary suspension of our operations and in loss of production. Such outages may be caused by factors
associated with equipment failure, information system disruptions or failures (including due to cyber-attacks), accidents, fires, strikes,
weather, exposure to natural disasters, regional water crisis, electricity power outages and chemical product spills, accidents involving
water reservoirs, availability of our suppliers to meet demand of raw and packaging materials, among other operational and environmental
hazards. The occurrence of these events may, among other impacts, result in serious damage to our property, assets and reputation, a decrease
in production or an increase in production costs, any of which may adversely affect our financial condition and results of operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">During the normal course
of our business, we depend on the continuous availability of logistics and transportation networks, including roads, railways, warehouses
and ports, among others. Such operations may be disrupted by factors beyond our control, such as social movements, natural disasters,
electricity shortages and labor strikes. Any interruption in the supply of inputs for the operation of our industrial units or in the
delivery of our products to clients could cause a material adverse impact on our results of operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Moreover, the transportation
and infrastructure system in Brazil and other countries we operate is under development and needs improvements so that it can work efficiently
and serve better our business. Any significant interruptions or reductions in the use of transport infrastructure or in its operations
in the cities where our distribution centers are located, may delay or impair our ability to distribute goods and cause our sales to drop,
which may negatively impact our financial and operating results.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Our
results of operations are affected by fluctuations in exchange rates, and devaluation of the real or other currencies with which we
operate relative to other currencies, including the U.S. dollar, which may adversely affect our financial performance.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Most of our sales are in <i>reais</i>; however, a portion of our debt is
denominated in foreign currencies, including U.S. dollars. In addition, a significant portion of our cost of sales, in particular those
related to packaging such as aluminum cans and bottles made of polyethylene terephthalate, or PET, as well as sugar, hops and malt are
denominated in or linked to the U.S. dollar, which was very volatile in recent years. Therefore, any devaluation of the <i>real</i> or
other currencies with which we operate when compared to those foreign currencies may increase our financial expenses and operating costs
and could affect our ability to meet our foreign currency obligations. Although our current policy is to hedge substantially our cost
of sales against changes in foreign exchange rates, we cannot assure you that such hedging will be possible, accurate or available at
reasonable costs at all times in the future.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, we have historically
reported our consolidated results in <i>reais</i>. In 2022, we derived 46.5% of our net revenues from operating companies that have functional
currencies that are not <i>reais</i> (that is, in most cases, the local currency of the respective
operating company). Consequently, any change in exchange rates between our operating companies&#8217; functional currencies and <i>reais</i>
will affect our consolidated income statement and balance sheet. Decreases in the value of our operating companies&#8217; functional currencies
against <i>reais</i> will tend to reduce those operating companies&#8217; contributions in terms of our financial condition and results
of operations.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We also incur currency transaction
risks whenever one of our operating companies enters into transactions using currencies other than their respective functional currencies,
including purchase or sale transactions and the issuance or incurrence of debt. Although we have hedging policies in place to manage commodity
price and foreign currency risks, there can be no assurance that such policies will be able to successfully hedge against the effects
of such foreign exchange exposure, particularly over the long term.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Brazilian currency has devalued frequently, including during the last
two decades. Throughout this period, the Brazilian government has implemented various economic plans and utilized a number of exchange
rate policies, including sudden devaluations and periodic mini-devaluations, during which the frequency of adjustments has ranged from
daily to monthly, floating exchange rate systems, exchange controls and dual exchange rate markets. There have been significant fluctuations
in the exchange rates between Brazilian currency and the U.S. dollar and other currencies. For example, the U.S. dollar appreciated 17.1%
against the <i>real </i>in 2018, closing at R$3.87 per U.S.$1.00 as of December 31, 2018, while in 2019, the U.S. dollar appreciated 4.0%
against the <i>real</i>, closing at R$4.03 per U.S.$1.00 as of December 31, 2019. The U.S. dollar appreciated 28.9% against the <i>real
</i>in 2020, closing at R$5.20 per U.S.$1.00 as of December 31, 2020, with a high degree of volatility over the course of 2020, particularly
as a result of uncertainties arising from the COVID-19 pandemic. For example, in May 2020 the real depreciated to its lowest level since
the commencement of the currency to R$5.94 per US$1.00. As of December 31, 2021, the Brazilian <i>real</i>/U.S. dollar selling exchange
rate was R$5.58 per U.S. dollar, reflecting a 7.4% depreciation against the U.S. dollar as compared to the exchange rate as of December
31, 2020. As of December 31, 2022, the Brazilian <i>real</i>/U.S. dollar selling exchange rate was R$5.22 per U.S. dollar, reflecting
a 6.5% appreciation against the U.S. dollar as compared to the exchange rate as of December 31, 2021. As of March 1st, 2023, the exchange
rate was R$ 5.21 per US$1.00.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Devaluation of the <i>real</i>
relative to the U.S. dollar may create additional inflationary pressures in Brazil by generally increasing the price of imported products
and requiring recessionary governmental policies to curb aggregate demand. On the other hand, appreciation of the <i>real</i> against
the U.S. dollar may lead to a deterioration of the current account and the balance of payments, as well as dampen export-driven growth.
The potential impact of the floating exchange rate and measures of the Brazilian government aimed at stabilizing the <i>real</i> is uncertain.
In addition, a substantial increase in inflation may weaken investor confidence in Brazil, impacting our ability to finance our operations
through the international capital markets.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Other exchange rate devaluations
or political decisions related to exchange rates may impact our business as well. For instance, during the first quarter of 2021, Cuba
carried out the unification of currencies and the process of elimination of the Cuban Convertible Peso, which in 2022 resulted in a &#160;limited
amount of hard currency available to transfer abroad and to acquire raw materials locally, mainly impacting Bucanero&#8217;s beer volume
sold due to increasing costs of production and price of our Cuban products</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 12pt 21.3pt; text-align: justify; text-indent: 0in">Information
technology failures, including failures to implement upgrades and new technologies effectively or those that affect the privacy and security
of sensitive customer and business information, could disrupt our operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We rely on information
technology systems to process, transmit and store large amounts of electronic data, including personal information. A significant portion
of the communication between our personnel, customers and suppliers depends on information technology. As with all large systems, our
information systems may be vulnerable to a variety of interruptions due to events beyond our control, including, but not limited to, natural
disasters, terrorist attacks, telecommunications failures, computer viruses, hackers&#8217; attacks or other security issues.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We depend on information
technology to enable us to operate efficiently and interface with customers, as well as to maintain in-house management and control. Looking
ahead, we continue to implement strategic initiatives and new technologies designed to grow our business, <span style="background-color: white">which
are critical for the efficient functioning of our business.</span> We also collect and store non-public personal information that customers
provide to purchase products or services, including personal information and payment information.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">For instance, we are implementing a new version of our main enterprise
resource planning (ERP) System -the S4 Hana a SAP platform-- which will help us book all the transactional data used in our Brazilian
operations. Any replacement or upgrades to our system and related process to implement it may cause occasional system disruptions or delays
to run our business operations, including to efficiently fulfill orders and provide services to our customers, <span style="background-color: white">subjecting
us to inherent costs and risks.</span> We cannot assure  that our choices of technologies will prove correct, or that our initiatives
will succeed and bring sufficient growth in revenue to offset the costs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Additionally,
we may experience occasional system interruptions and delays that make our websites, in-house controls and services unavailable or slow
to run our business operations, including to respond and prevent us from efficiently accepting or fulfilling orders or providing services
to our customers.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In addition, the concentration
of processes in shared services centers means that any disruption could impact a large portion of our business within the operating
regions we serve. Any implementation of new technology or transition of processes to, from or within shared services centers as well as
other transformational projects, could lead to business disruptions. If we do not allocate, and effectively manage, the resources necessary
to build and sustain the proper technology infrastructure, we could be subject to transaction errors, processing inefficiencies, the loss
of customers, or failure to attract new customers, lost revenues resulting from the disruption or shutdown of computer systems, unexpected
failure of devices and software in use by our IT platforms, operations or supply chain disruptions, alteration, corruption or loss of
accounting financial or other data on which we rely for financial reporting and other purposes, which could cause errors or delays in
our financial reporting or the loss of or damage to intellectual property through a security breach. As with all information technology
systems, our system could also be penetrated by outside parties with the purpose of extracting information, corrupting information or
disrupting business processes.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We take various actions
with the aim of minimizing potential technology disruptions &#8211; such as investing in intrusion detection solutions, proceeding with
internal and external security assessments, building and implementing business continuity plans and reviewing risk management processes
&#8211; but all of these protections may be compromised as a result of third-party security breaches, burglaries, cyberattack, errors
by employees or employees of third-party vendors, of contractors, misappropriation of data by employees, vendors or unaffiliated third
parties, or other irregularities that may result in persons obtaining unauthorized access to company data or otherwise disrupting our
business. Unauthorized or accidental access to, or destruction, loss, alteration, disclosure, misuse, falsification or unavailability
of information could result in violations of data privacy laws and regulations, damage to our reputation or our competitive advantage,
loss of opportunities to acquire or divest of businesses or brands and loss of ability to commercialize products developed through research
and development efforts and, therefore, could have a negative impact on net operating revenues. More generally, these or other similar
technology disruptions can have a material adverse effect on our business, results of operations, cash flows or financial condition.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We, as with all business
organizations, are routinely subject to cyber-threats, however, while we continue to invest in new technology-monitoring and cyberattack
prevention systems, no commercial or government entity can be entirely free of vulnerability to attack, or compromise given how rapidly
and unpredictably techniques evolve to obtain unauthorized access or disable or degrade service.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">We are subject
to risks associated with noncompliance with any data protection laws in the countries in which we operate and can be adversely affected
by any penalties or other sanctions imposed.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the year 2018, ordinary course of our business, we receive, process, transmit and store large volumes of personal
data, including that of employees, dealers, customers and consumers. As a result, we are subject to various laws and regulations relating
to personal data. These laws have been subject to frequent changes, and new legislation in this area may be enacted in other jurisdictions
at any time. For example, Law No. 13.709/2018, the <i>Lei Geral de Prote&#231;&#227;o de Dados Pessoais </i>(Brazilian General Data
Protection Law) or LGPD, was enacted in 2018 and came into effect as of September 18, 2020. Inspired by the General Data Protection Regulation
of the European Union, the LGPD sets forth a comprehensive set of rules that promise to reshape how companies, organizations and public
authorities collect, use, process and store personal data when carrying out their activities.</p>






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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In relation to the LGPD<span style="font-family: SimSun">&#8217;</span>s
administrative sanctions, if we are not in compliance with the LGPD and other personal data protection laws in other jurisdictions, we
may be subject to the sanctions, individually or cumulatively. In addition to the administrative sanctions provided for in the LGPD,
failure to comply with any provisions set forth in the LGPD regarding the personal data collected by us has the following risks: (i)
the filing of lawsuits, individual or collective, claiming damages resulting from violations, based not only on the LGPD, but also on
the sparse legislation that address data protection matters; (ii) the application of specific penalties foreseen in the sparse legislation,
such as the Consumer Protection Code (<span style="font-family: SimSun">&#8220;</span><i>CDC</i><span style="font-family: SimSun">&#8221;</span>)
and <i>Marco Civil da Internet</i> (Brazilian Internet Act), in case of violation of its provisions, by some consumer protection bodies
and public prosecution offices. Therefore, we have designed and implemented a privacy governance framework in order to comply with all
the regulations. We have also implemented security measures to protect our databases and prevent cyberattacks, thereby reducing risks
of exposure to data breaches and information security incidents.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, as a result
of the remote option implemented by the Company, there is a possibility of an increase in cyberattacks through our employees<span style="font-family: SimSun">&#8217;</span>
personal computers, since the cyber security of the networks used by them in their homes may not maintain the same level of security as
that of our corporate work environment, which may impair our ability to manage our business.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Despite the security measures that we have in place, our facilities and systems
may be vulnerable to security breaches, cyber-attacks, acts of vandalism, computer viruses, misplaced or lost data, programming or human
errors, or other similar events, and individuals may attempt to gain unauthorized access to our database in order to misappropriate such
information for potentially fraudulent purposes. Our security measures may fail to prevent such incidents and breaches of our systems
could result in adverse impact to our reputation, financial condition, and market value. In addition, if we are unable to prove that our
systems are properly designed to detect and to try and detain a cyberattack, or even if we fail to respond to a cyberattack properly,
we could be subject to severe penalties and loss of existing or future business, aside from damages awarded to our customers, dealers
and employees whose personal data might have been mishandled or breached.</p>

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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">We are exposed
to the risk of litigation.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are now and may in the future be party to legal proceedings and claims
(including labor, tax and alcohol-related claims) and significant damages may be asserted against us. See &#8220;Item 8. Financial Information&#8212;A.
Consolidated Financial Statements and Other Financial Information&#8212;Legal Proceedings&#8221; and Notes 27 and 30 to our audited consolidated
financial statements as of and for December 31, 2022, included elsewhere in this annual report, for a description of our material litigation
contingencies. Given the inherent uncertainty of litigation, it is possible that we might incur liabilities as a consequence of the proceedings
and claims brought against us, including those that are not currently believed by us to present a reasonably possible chance of loss to
us. Any changes to the risk assessments of chance of success of our cases could adversely affect our liquidity, financial positions and
business. Our management may also be exposed to sanctions due to legal proceedings against its members involving our operations or due
to their involvement in other businesses.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our tax contingency in Brazil
has grown in recent years &#8211; and we expect it will continue to grow in the coming years - mainly because (1) its principal amount
is adjusted on a monthly basis in accordance with the SELIC rate, or other equivalent interest rate, and (2) of the highly litigious
environment in Brazil in connection with tax disputes. In addition, the highly complex tax legislation in Brazil reduces certainty
of interpretation by taxpayers. This environment affects the economic sector crosswise: according to a research conducted in 2020 by
the Brazilian Teaching and Research Institute &#8211; <i>Insper</i>, tax disputes in Brazil reached the amount of R$ 5.44 trillion in
2019, which corresponds to approximately 75% of the national Gross Domestic Product &#8211; GDP.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As the administrative phase
of our tax proceedings ends and the judicial proceedings begin, the Company may be required to guarantee the amounts under discussion,
through insurance bonds, bank guarantees, bank deposits or other types of assets or rights subject to attachment by law. We will continue
to vigorously defend our position in connection with such disputes.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, on February 8, 2023, the STF judged two leading cases (Extraordinary
Appeals Nos. 949.297 and 955.227) and ruled that any given collegiate decision by the STF recognizing the constitutionality or unconstitutionality
of taxes collected on an ongoing basis will cease the effects of the <i>res judicata</i> of a prior ruling that is contrary to the STF&#8217;s
position, even if this prior ruling had become final and unappealable in the past. This opinion from by the STF has created legal uncertainty
for Brazilian companies, which relied on final judicial decisions to carry out their tax procedures and that are now faced with this binding
STF decision that allows the overturn of past unappealable decisions, which could materially impact their business and results. Although
this decision has no material impact on any tax credits already recognized by the Company and its subsidiaries, it may impact future tax
credits in case the STF changes its binding view on a <i>res judicata</i> in place to the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Moreover, companies in the
alcoholic beverage and soft drink industries are, from time to time, exposed to collective suits (class actions) or other litigation relating
to alcohol advertising, alcohol abuse problems or health consequences from the excessive consumption of beer, other alcoholic beverages
and soft drinks. As an illustration, certain beer and other alcoholic beverage producers from Brazil have been involved in class actions
and other litigation seeking damages.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, there has been
an increase in litigation against large companies involving environmental, social and governance (ESG) matters, including claims related
to climate justice, net-zero ambitions, greenwashing, climate-washing, supply chain commercial relationships, and diversity and sustainability
disclosure practices. As a result, we may also be subject to class actions or other litigation, including administrative proceedings,
with respect to our ESG ambitions since these issues have attracted increasing attention from investors and civil society on a global
scale.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If any of these types of
litigation were to result in fines, damages or reputational damages to us or our brands, this could have a material adverse effect on our
business, results of operations, cash flows or financial position.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">We rely on
the reputation of our brands and damages to their reputation may have an adverse effect on our sales.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our success depends on our
ability to maintain and enhance the image and reputation of our existing products and to develop a favorable image and reputation for
new products. The image and reputation of our products may be reduced in the future; concerns about product quality, even when unfounded,
could tarnish the image and reputation of our products. An event or series of events that materially damages the reputation of one or
more of our brands could have an adverse effect on the value of that brand and subsequent revenues from that brand or business. Restoring
the image and reputation of our products may be costly or not possible.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.25in">Moreover, our marketing
efforts are subject to restrictions on the permissible advertising style, media and messages used. In a number of countries, for example,
television is a prohibited channel for advertising beer and other alcoholic products, and in other countries, television advertising,
while permitted, is carefully regulated. Any additional restrictions in such countries, or the introduction of similar restrictions in
other countries, may constrain our brand building potential and thus reduce the value of our brands and related revenues.</p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">If any of our
products is defective or found to contain contaminants, we may be subject to product recalls, individual or collective litigation and/or
other liabilities.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We take precautions to ensure
that our beverage products and our associated packaging materials (such as bottles, crowns, cans and other containers) meet accepted food
safety and regulatory standards. Such precautions include quality control programs for primary materials, the production process and our
final products. We have established procedures to correct issues or concerns that are detected.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the event that any failure
to comply with accepted food safety and regulatory standards (such as a contamination or a defect) does occur in the future, it may lead
to business interruptions, product recalls or liability, each of which could have an adverse effect on our business, reputation, prospects,
financial condition and results of operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Although we maintain insurance
policies against certain product liability (but not product recall) risks, we may not be able to enforce our rights in respect of these
policies, and, in the event that a contamination or defect occurs, any amounts that we recover may not be sufficient to offset any damage
we may suffer, which could adversely impact our business, results of operations and financial condition.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">If we are not
successful in obtaining and maintaining the necessary licenses in the countries in which we operate, we may be subject to fines, penalties,
or other regulatory sanctions, which could negatively impact our business and cause us to incur additional costs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our business is subject to
obtaining and maintaining the necessary licenses and regulatory approvals issued by the competent bodies in the countries in which we
operate. We cannot guarantee that such licenses or regulatory approvals will be granted, renewed, or extended. Such licenses or regulatory
approvals may be withdrawn or made subject to limitations or onerous conditions. The absence of such licenses or regulatory approvals
may result in the interruption of the activities of a specific plant or distribution center, which may adversely affect our results. Additionally,
for the granting or renewal of such licenses or regulatory approvals, the competent authorities may determine that we must make certain
changes to our operations or facilities, potentially resulting in additional costs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We may also be subject to
the regulation and control of other public authorities, in addition to those that we currently understand as the competent ones and cannot
guarantee that such authorities will not require further licenses, permits and authorizations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Furthermore, if we are unable
to timely obtain, maintain or renew the licenses and permits necessary for our activities, we may have to incur additional costs for the
payment of any charges or even compromise our regular activities.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any of these factors that
impact the non-obtaining or non-renewal of licenses and permits may cause us to incur additional costs, which may force us to revert resources
to meet the legal requirements or compromise the regular operation of our activities. Furthermore, the development of activities without
the proper licenses or in non-compliance with the licenses and their technical requirements may result in adverse consequences, such as:
(i) infraction notices; (ii) application of successive fines; (iii) impediment to opening and operating units, even temporarily; (iv)
interdiction or closing of units, even temporarily; (v) exposure to additional risk or loss of insurance coverage in the event of a safety
and security accident or similar event; (vi) affecting an installation while a license is pending; and (vii) exposure of us, as well as
our representatives, to other civil, administrative, and criminal sanctions. We may be adversely affected if one of our establishments
closes, even if temporarily.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">We may not
be able to protect our intellectual property rights.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our future success depends
significantly on our ability to protect our current and future brands and products and to defend our intellectual property rights, including
trademarks, patents, domain names, industrial design, trade secrets and know-how. We have been granted numerous trademark registrations
and patents covering our brands and products and have filed, and expect to continue to file, trademark and patent applications before
the relevant intellectual property authorities in the variety of markets we conduct our business, always seeking to protect newly developed
brands and products. We cannot be sure that trademark and patent registrations will be issued with respect to any of our applications.
Therefore, events such as the definitive rejection of our trademark applications
before the authorities, the unauthorized use or other misappropriation of our trademarks may diminish their value and reputation, so that
we may suffer negative impact on the operating results. There is also a risk that we could, by omission, fail to renew a trademark, domain
name, industrial design or patent on a timely basis or that our competitors will challenge, invalidate or circumvent any existing or future
trademarks and patents requested by, issued to, or licensed by, us. In case of judicial questioning of any trademarks the judicial decision
may negatively affect their use and may be prohibited from continuing to exploit them.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As for the protection of
patents registered before the Brazilian Patent and Trademark Office (&#8220;INPI&#8221;), in May 2021 the STF published its decision declaring
unconstitutional the sole paragraph of article 40 of Industrial Property Law (&#8220;LPI&#8221;), which provided for a minimum term of
patent protection of 10 years from the date of the patent grant, considering the delay in the analysis of the application by the INPI.
As a result, the applicants only rely on a 20-year protection period counted as of the moment in which the patent is requested, regardless
of the time elapsed during the analysis of the patent application.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Although we have put in
place appropriate actions to protect our portfolio of intellectual property rights (including patent applications, trademark registration
and domain names), we cannot be certain that the steps we have taken will be sufficient or that third parties will not infringe upon
or misappropriate proprietary rights. If we are unable to protect our proprietary rights against infringement or misappropriation, it
could have a material adverse effect on our business, results of operations, cash flows or financial condition, and in particular, on
our ability to develop our business. In addition, any dispute or litigation related to intellectual property assets may be costly and
time consuming due to the uncertainty of litigation on the matter.</p>


<p style="font: 10pt Times New Roman,serif; margin: 10pt 0; text-align: justify; text-indent: 18pt"><i>Our failure to obtain or renew
surety bonds and letters of credit necessary in certain lawsuits on attractive terms or at all may adversely affect our liquidity, financial
condition and business. </i>&#160;</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.25in">Certain agreements to which we are a party and certain legal proceedings
in which we are involved require us to obtain and maintain surety bonds, letters of credit or similar financial instruments (e.g., bank
products known as <span style="font-weight: normal"><i>fian&#231;a</i></span> and/or <span style="font-weight: normal"><i>seguro-garantia</i></span>)
to secure the performance or payment of certain obligations and potential losses, respectively. We may be required to pay higher fees,
post additional collateral or otherwise be subject to unfavorable terms and conditions when negotiating these products with financial
institutions or insurers. In addition, if those negotiations fail, we may be required to use a substantial portion of our cash to secure
such agreements and legal proceedings, which may materially and adversely affect our liquidity, financial condition and results of operations.</p>

<p style="font: italic 10pt Times New Roman,serif; margin: 10pt 0 0 18pt; text-align: justify; text-indent: 0cm">Our insurance coverage
may be insufficient to make us whole on any losses that we may sustain in the future.</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0; text-align: justify; text-indent: 18pt">The cost of some of our insurance
policies could increase in the future. In addition, some types of losses, such as losses resulting from wars, acts of terrorism, or natural
disasters, generally are not insured because they are either uninsurable or it is not economically practical to obtain insurance. Moreover,
insurers recently have become more reluctant to insure against these types of events. Should a material uninsured loss or a loss in excess
of insured limits occur, this could adversely impact our business, results of operations and financial condition.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">The relative
volatility and illiquidity of securities of Brazilian companies may substantially limit your ability to sell our common shares and ADSs
at the price and time you desire.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Investing in securities of
companies in emerging markets, such as Brazil, involves greater risk than investing in securities of companies from more developed countries,
and those investments are generally considered speculative in nature. Brazilian investments, such as investments in our common shares
and ADSs, are subject to economic and political risks, involving, among other factors:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>changes in the Brazilian regulatory, tax, economic and political environment that may affect the ability of investors to receive
payment, in whole or in part, in respect of their investments; and</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>restrictions on foreign investment and on repatriation of capital invested.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Brazilian securities
markets are substantially smaller, less liquid and more concentrated and volatile than major U.S. and European securities markets. They
are also not as highly regulated or supervised as those other markets. The relative illiquidity and smaller market capitalization of Brazilian
securities markets may substantially limit your ability to sell the Ambev common shares and ADSs at the price and time you desire.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Our shareholders
may not receive any dividends or IOC.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.25in">According to our bylaws,
we generally pay our shareholders 40% of our annual adjusted net income, calculated and adjusted pursuant to Brazilian Corporation Law
in accordance with the mechanisms described in our bylaws as presented in our consolidated financial statements prepared under IFRS. The
main sources for these dividends are cash flows from our operations and dividends from our operating subsidiaries. Therefore, that net
income may not be available to be paid out to our shareholders in a given year. In addition, we might not pay dividends to our shareholders
in any particular fiscal year based on the opinion of the Board of Directors that any such distribution would be inadvisable in view of
our financial condition. While the law does not establish the circumstances rendering the payment of dividends inadvisable, it is generally
agreed that a company need not pay dividends if such payment threatens its existence as a going concern or harms its normal course of
operations.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Future equity
issuances may dilute the holdings of current holders of Ambev common shares or ADSs and could materially affect the market price for those
securities.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.25in">We may in the future decide
to offer additional equity to raise capital or for other purposes. Any such future equity offering could reduce the proportionate ownership
and voting interests of holders of our common shares and ADSs, as well as our earnings and net equity value per common share or ADS. Any
offering of shares and ADSs by us or our main shareholders, or a perception that any such offering is imminent, could have an adverse
effect on the market price of these securities.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Contractual
and legal restrictions to which Ambev and its subsidiaries are potentially or allegedly subject may be triggered upon the consummation
of certain transactions involving our indirect controlling shareholder, ABI, resulting in adverse limitations
to our operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev and its subsidiaries
are a party to certain joint venture, distribution and other agreements, guarantees and instruments that may contain restrictive provisions
that our contractual counterparties may try to interpret as being triggered upon the consummation of certain unrelated transactions of
ABI. Some of those contracts may be material and, to the extent they may contain any such restrictive provisions, our counterparties may
seek to enforce certain contractual remedies that may curtail material contractual rights and benefits that we have thereunder under the
argument that ABI&#8217;s consummation of certain transactions has triggered the referred provisions. Similarly, unrelated transactions
consummated by ABI may subject us to further antitrust restrictions in the countries in which we already operate. Any such restrictions
may limit the amount and quality of business we conduct in each of those countries.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Our current controlling shareholder will be able to determine the outcome
of our most significant corporate actions.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our direct controlling shareholder, ABI, together with <i>Funda&#231;&#227;o
Antonio e Helena Zerrenner Institui&#231;&#227;o Nacional de Benefic&#234;ncia</i>, or FAHZ, held in aggregate 72.0% of our total
and voting capital stock (excluding treasury shares) as of December 31, 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">ABI indirectly held shares
in us representing 61.8% of our total and voting capital stock (excluding treasury shares) as of December 31, 2022. ABI thus has control
over us, even though (1) ABI is subject to the Ambev shareholders&#8217; agreement among IIBV, AmBrew and FAHZ dated April 16, 2013 and
effective as of July 2, 2019, or the Shareholders&#8217; Agreement, and (2) ABI is controlled by Stichting Anheuser-Busch InBev, or Stichting,
a foundation organized under the laws of the Netherlands, which represents an important part of interests of the founding Belgian families
of Interbrew N.V./S.A. (as ABI was then called) (mainly represented by Eug&#233;nie Patri S&#233;bastien S.A.) and the interests of
the Brazilian families which were previously our controlling shareholders (represented by BRC S.&#224;.R.L.), or the Interbrew Founding
Families. For further information on these matters see &#8220;Item 4. Information on the Company&#8212;A. History and Development of the Company&#8212;The InBev-Ambev Transactions&#8221;
and &#8220;Item 7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8212;Ambev&#8217;s Major Shareholders&#8212;The
Shareholders&#8217; Agreement.&#8221;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our controlling shareholder
is able to elect the majority of the members of our Board of Directors and Fiscal Council, and generally determine the outcome of most
other actions requiring shareholder approval, including dividend distributions, the consummation of corporate restructurings, issuances
of new shares, sales of materials assets and bylaw amendments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, our controlling
shareholder may have interests that differ from ours and may vote in a way that is adverse to the interests of our other shareholders.
In addition, any reputational issues associated with our (direct or indirect) shareholders may adversely affect the trading price of
our shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under Brazilian Law No. 6,404/76,
as amended, or the Brazilian Corporation Law, the protections afforded to non-controlling security holders may differ from, or be less
comprehensive than, the corresponding protections and fiduciary duties of directors applicable in the U.S. or other jurisdictions. See
&#8220;&#8212;As a Brazilian company, Ambev is subject to different corporate laws and regulations than those typically applicable to
U.S.-listed companies, which may result in Ambev&#8217;s shareholders having fewer or less well-defined shareholder rights than the shareholder
rights of those companies.&#8221;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">The ability
of our foreign subsidiaries to distribute cash upstream may be subject to various conditions and limitations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our foreign subsidiaries&#8217;
ability to distribute cash (to be used, among other things, to meet our financial obligations) through dividends, intercompany advances,
management fees and other payments is, to a large extent, dependent on the availability of cash flows at the level of such foreign subsidiaries
and may be restricted by applicable laws and accounting principles. In particular, 46.5% (R$37.1 billion) of our total net revenues of
R$79.7 billion in 2022 came from our foreign subsidiaries. In addition, some of our subsidiaries are subject to laws restricting their
ability to pay dividends or the amount of dividends they may pay.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.25in">If we are not able to obtain
sufficient cash flows from our foreign subsidiaries, this could negatively impact our business, results of operations and financial condition
because the insufficient availability of cash at our company level may constrain us from paying all of our obligations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 14.2pt; text-align: justify; text-indent: 0in"><i>We may not be
able to recruit or retain key personnel.</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.25in">In order to develop, support
and market our products, we must hire and retain skilled employees with particular expertise and considering diversity attributions, whenever
applicable. The implementation of our strategic business plans could be undermined by a failure to recruit or retain key personnel or
the unexpected loss of senior employees, including in acquired companies. We face various challenges inherent in the management of a large
number of employees over diverse geographical regions, with its particular social contexts. Key employees may choose to leave their employment
for a variety of reasons, including reasons beyond our control. The impact of the departure of key employees cannot be determined and
may depend on, among other things, our ability to recruit other individuals of similar experience and skill at an equivalent cost and
our ability to convey, maintain and monitor the culture of a safe, friendly and non-discriminatory work environment. It is not certain
that we will be able to attract or retain key employees and successfully manage them, which could disrupt our business and have an unfavorable
material effect on our financial position, income from operations and competitive position.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 14.2pt; text-align: justify; text-indent: 0in"><i>We rely on key
third parties, including key suppliers, and the termination or modification of the arrangements with such third parties or non-compliance
with the Company's ESG guidelines or any failure to comply with laws and regulations by them could negatively affect our business.</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We rely on third<span style="font-family: MS Mincho">&#45;</span>party
suppliers for a range of raw materials for our beer and non-beer products, and for packaging material, including aluminum cans, glass,
kegs and PET bottles. We seek to limit our exposure to market fluctuations in the supply of these raw materials by entering into medium-
and long-term fixed<span style="font-family: MS Mincho">&#45;</span>price arrangements. We have a limited number of suppliers of aluminum
cans, glass and PET bottles. Consolidation of the aluminum can industry, glass and PET bottle industry in certain markets in which we
operate has reduced local supply alternatives and increased the risk of disruption to aluminum can, glass and PET bottle supplies. Although
we generally have other suppliers of raw materials and packaging materials, the termination of or material change to arrangements with certain
key suppliers, disagreements with those suppliers as to payment or other terms, or the failure of a key supplier to meet our contractual
obligations or otherwise deliver materials consistent with current usage would or may require us to make purchases from alternative suppliers,
in each case at potentially higher prices than those agreed with this supplier. Additionally, we may be subject to potential reputational
damage if one of our suppliers violates applicable laws or regulations. These factors could have a material adverse effect on our business,
results of operations, cash flows or financial condition.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have also entered into
contracts with third parties to provide transportation and logistics services in connection with part of our products. The early termination
of these contracts or our inability to renew them or negotiate new contracts with other service providers with similar conditions could
adversely affect our financial and operating condition. In addition, the majority of our suppliers of transportation operate under concessions
granted by the Brazilian government and the loss or non-renewal of such concessions may also adversely affect our results of operations
and financial condition.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Moreover, if any of our suppliers
and/or service providers fails to comply with laws or regulations, or applicable corporate policies and/or specific contractual clauses
determined by us, including binding sustainability and ESG (environmental, social and corporate governance) practices, including social,
environmental, climate, integrity, and labor laws, we may be subject to fines, administrative and legal proceedings, or other measures
with an adverse impact on our business, results of operations and reputation. For further information, see &#8220;Item 8. Financial Information&#8212;A.
Consolidated Financial Statements and Other Financial Information&#8212;Legal Proceedings&#8212;Ambev Third-Party Supplier &#8211; Labor
Investigations.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, we have licenses
to bottle and/or distribute brands held by companies over which we do not have control. See &#8220;Item 4. Information on the Company&#8212;B.
Business Overview&#8212;Licenses.&#8221; If we are unable to maintain such arrangements on favorable terms, this could have a material
adverse effect on our business, results of operations, cash flows or financial condition.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Demand for
our products may be adversely affected by changes in consumer preferences and tastes.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We depend on our ability
to satisfy consumer preferences and tastes. Consumer preferences and tastes can change in unpredictable ways due to a variety of factors,
such as changes in demographics, consumer health concerns regarding obesity, product attributes and ingredients, changes in travel, vacation
or leisure activity patterns, weather, consumer concerns regarding environmental impact caused by the products and its manufacturing,
negative publicity resulting from regulatory action or litigation against us or comparable companies or a downturn in economic conditions.
Consumers also may begin to prefer the products of competitors or may generally reduce their demand for products of our business segment.
Failure by us to anticipate or respond adequately to changes in consumer preferences and tastes could adversely impact our business, results
of operations and financial condition.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Risks Relating to the
Economy Sector in Which We Operate</i></b></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Volatility
in commodities prices may adversely affect our financial performance.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 35.45pt"><span style="font-style: normal; font-weight: normal">A
significant portion of our cost of sales is comprised of commodities such as aluminum, sugar, corn, wheat and PET bottles, the prices
of which fluctuated in 2022. An increase in commodities prices directly affects our consolidated operating costs. Although our current
policy is to mitigate our exposure risks to commodity prices whenever financial instruments are available, we cannot assure that such
hedging will be always possible or available at reasonable costs at all times in the future.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Set forth below is a table
showing the volatility in 2022 prices of the principal commodities we purchase:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><b>Commodity</b></p></td>
    <td style="border-top: Black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>High Price</b></p></td>
    <td style="border-top: Black 1pt solid; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Low Price</b></p></td>
    <td style="border-top: Black 1pt solid; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Average in 2022</b></p></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Fluctuation</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Aluminum (US$/ton)&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2,602.5</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">1,967.0</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">2,138.1</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">16%</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Sugar (US$ cents/pounds)&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">15.45</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">10.86</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">13.71</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(13%)</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Corn (US$ cents/bushel)&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.08</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">3.30</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">3.60</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">12%</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Wheat (US$ cents/bushel)&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.38</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.00</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.44</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">22%</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">PET (US$/ton)&#9;</td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">957.05</td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">742.45</td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">844.38</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">16%</td></tr>
  </table>


<p style="font: 8pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify">Sources: Aluminum LME, Sugar ICE, Corn CBOT, Wheat
CBOT and PET IHS (formerly CMAI).</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 14.2pt; text-align: justify; text-indent: 0in"><i>Negative publicity focusing on us or our products or on the way we conduct our operations may harm our business.</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Media coverage and publicity
generally can exert significant influence on consumer behavior and actions. If the social acceptability of beer, other alcoholic beverages
or soft drinks were to decline significantly, sales of our products could materially decrease. In recent years, there has been increased
public and political attention directed at the alcoholic beverage and soft drink industries. This attention is a result of public concern
over alcohol-related problems, including drunk driving, underage drinking, drinking while pregnant and health consequences resulting from
the misuse of beer (for example, alcoholism), as well as soft-drink related problems, including health consequences resulting from the
excessive consumption of soft drinks (for example, obesity). Factors such as negative publicity regarding the consumption of beer, other
alcoholic beverages or soft drinks, publication of studies indicating a significant health risk from consumption of those beverages, or
changes in consumer perceptions affecting them could adversely affect the sale and consumption of our products and harm our business,
results of operations, cash flows or financial condition to the extent consumers and customers change their purchasing patterns.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Key brand names are used
by us, our subsidiaries, associates and joint ventures, and licensed to third-party brewers. To the extent that we or one of our subsidiaries,
associates, joint ventures or licensees are subject to negative publicity, and the negative publicity causes consumers and customers to
change their purchasing patterns, it could have a material adverse effect on our business, results of operations, cash flows or financial
condition. As we continue to expand our operations, there is a greater risk that we may be subject to negative publicity or fake news,
in particular in relation to our businesses, environmental impacts, taxes, labor rights, corporate transparency, local work conditions
among others. Negative publicity or fake news that materially damages the reputation of one or more of our brands or our businesses could
have an adverse effect on the value of that brand or our businesses and subsequent revenues from that brand or business, which could adversely
impact our business, results of operations, cash flows and financial condition.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Competition
could lead to a reduction of our margins, increase costs and adversely affect our profitability.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We compete with both brewers
and other beverages companies. Globally, brewers, as well as other players in the beverage industry, compete mainly on the basis of brand
image, price, quality, distribution networks and customer service. Consolidation has significantly increased the capital base and geographic
reach of our competitors in some of the markets in which we operate.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Concurrently, competition
in the beverage industry is expanding and the market is becoming more fragmented, complex and sophisticated as consumer preferences and
tastes evolve. Competition may divert consumers and customers from our products. Competition in our various markets could cause us to
reduce pricing, increase capital investment, increase marketing and other expenditures, prevent us from increasing prices to recover higher
costs, and thereby cause us to reduce margins or lose market share. Any of the foregoing could have a material adverse effect on our business,
financial condition and results of operations. Innovation faces inherent risks, and the new products we introduce may not be successful,
while competitors may be able to respond more quickly than we can to emerging trends.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The purchasing decisions of consumers
are affected by factors including brand recognition, product quality and performance, price and subjective preferences. Some of our competitors
may have marketing investments substantially larger than ours. If our advertising, promotional and marketing strategies do not succeed
and if we are unable to offer new products to meet the market demands, our market share and results may be adversely affected. If we cannot
introduce new products in a timely manner or if our end consumers believe that our competitors&#8217; products are more attractive, our
sales, profitability and our results of operations may be adversely affected.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, the unfair
pricing practices in some markets and the lack of transparency, or even certain illicit practices, such as tax evasion and corruption,
may skew the competitive environment, with material adverse effects on our profitability or ability to operate.</p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">If we do not
successfully comply with applicable anti-corruption laws and regulations, we could be subjected to fines, penalties or other regulatory
sanctions, as well as adverse press coverage, which could impact our reputation, operations and sales<span style="color: windowtext">.
</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are committed to conducting
business in a legal and ethical manner in compliance with local and international laws and regulations applicable to our business. Nevertheless,
there is a risk that our management, employees or other representatives may take actions that violate applicable anti-corruption laws,
such as Brazilian Federal Law No.&#160;12,846/2013 (known as the Clean Company Act or BCCA) and the U.S. Foreign Corrupt Practices Act
(known as the FCPA).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The BCCA imposes strict liability
on companies for certain acts against the public administration, including corrupt acts involving public officials, whether foreign or
local. Under the BCCA, companies may be held liable for such acts and face administrative and judicial sanctions, including severe fines
and disgorgement of profits, among other sanctions. When imposing sanctions under the BCCA, Brazilian authorities may consider whether
a company has implemented an effective compliance program.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.4pt">Notwithstanding the BCCA
and related Brazilian enforcement efforts, Brazil still has a perceived elevated risk of corruption. To a certain degree, that may leave
us exposed to potential violations of the BCCA, FCPA or other applicable anti-corruption laws and regulations. For example, a number of
high-profile corporate corruption allegations have surfaced in Brazil, especially since the beginning of 2014. See &#8220;&#8212;D. Risk
Factors&#8212;Risks Relating to Brazil and Other Countries in Which We Operate&#8212;Economic and political uncertainty and volatility
in Brazil, and the perception of these conditions in the international financial markets, may adversely affect our business and the market
price of our shares and ADSs&#8221;.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.4pt">Additionally, in the ordinary
course of business, we regularly contract and deal with business partners and consulting firms. Some of these third parties have been
managed or controlled by former government officials. Because Brazilian authorities are conducting ongoing investigations that target
certain firms and business partners that we previously engaged, we have been cited as clients in connection with such investigations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.4pt"><span style="background-color: white">In
the third quarter of 2019, there were news reports regarding alleged leaks of statements about Ambev by a former consultant, Mr.&#160;Antonio
Palocci, in a legal procedure to which Ambev subsequently had access. In this regard, we have not identified evidence supporting Mr.&#160;Palocci&#8217;s
claims of illegal conduct by Ambev and remain committed to monitoring this matter.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have implemented an anti-corruption
compliance program designed to detect, prevent and remediate potential violations of applicable anti-corruption laws. Nevertheless, there
remains some risk that improper conduct could occur, thereby exposing us to potential liability and the costs associated with investigating
and remediating such potential misconduct. Our existing internal controls and compliance procedures may not be sufficient to prevent or
detect all inappropriate conduct, fraud or violations of applicable law by management, employees, or other representatives (agents, and
other business partners).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.4pt">If we are not in compliance
with anti-corruption and other similar laws, such as the BCCA and FCPA, we may be subject to administrative, civil and criminal penalties.
This could harm our brand and reputation and have a material adverse impact on our business, financial condition, results of operations
and prospects. Adverse press coverage also may result from having our name or brands associated with any misconduct and, even if unwarranted
or baseless, could damage our reputation, brands and sales. Therefore, if we become involved in any investigations or other proceedings
under the FCPA, BCCA or other applicable anti-corruption laws, our business could be adversely affected.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Increases in
taxes levied on beverage products in the countries in which we operate and unfair competition arising from tax evasion may adversely affect
our results and profitability.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Increases in levels of taxation
in the countries in which we operate could adversely affect our profitability. Increases in taxes on beverage products usually result
in higher beverage prices for consumers. Higher beverage prices generally result in lower levels of consumption and, therefore, lower
net sales. Lower net sales result in lower margins because some of our costs are fixed and thus do not vary significantly based on the
level of production. We cannot assure you that the countries&#8217; governments will not increase current tax levels and that this will
not impact our business.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For instance, in May 2018,
the Brazilian Federal Government enacted Decree No. 9,394/2018 reducing the rate of the Excise Tax (<i>Imposto sobre Produtos Industrializados</i>),
or IPI Excise Tax, applicable to transactions with concentrate units and, in so doing, effectively reduced the value of the IPI Excise
Tax presumed credits that we had recorded on acquisitions of soft drinks concentrates from companies located in the Manaus Free Trade
Zone from 20% to 4%, which was later revoked by the Decree No.&#160;10,5454/2020. Since then, other decrees were issued with temporary
rates applicable to transactions with concentrate units. In 2022, Brazilian Federal Government altered IPI Excise Tax rates levied on
transactions with several products, including beer, soft drinks and soft drinks concentrate units. As for concentrate units, the IPI Excise
Tax rate was fixed in 8% (Decree No. 11,182/2022).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2022, the States of Acre,
Alagoas, Amazonas, Bahia, Maranh&#227;o, Paran&#225;, Par&#225;, Piaui, Rio Grande do Norte, Roraima, Sergipe, Tocantins increased
their ICMS Value-Added Tax rate applicable to beer and/or soft drinks (increases ranging from 1% to 4%), while both the States of Minas
Gerais and Rio de Janeiro decreased their ICMS value-Added Tax rates with effect from early 2023 (decreases of 2% and 1%, respectively).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, certain tax
laws may be subject to controversial interpretations by tax authorities. If the tax authorities interpret the tax laws inconsistently
with our interpretations, we may be adversely affected, including the full payment of taxes due, plus charges and penalties.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Furthermore, currently there are tax reform proposals pending evaluation
by the Brazilian Congress. Among the proposals being evaluated, there is the possibility of a complete or partial modification of the
consumption and income taxation systems. As per the income taxation, Congress is discussing possible changes on corporate rates as a means
of balancing the impact of a possible taxation on dividends, as well as other changes that might impact its tax base, including attributes
such as the deductibility of IOC, tax incentives, among other changes. With regards to the consumption taxation system, proposals suggest
extinguishing all or some of the federal taxes, namely IPI Excise Tax, PIS and COFINS, as well as the state tax, ICMS, and the municipal
tax, ISS, for the purposes of implementing new taxes to be levied upon consumption transactions. The implementation of a tax reform or
of any modifications to the current applicable tax legislation, altering the taxes due and/or the tax incentives enjoyed by the companies
could directly or indirectly impact our business.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Our business
is subject to regulations in the countries in which we operate, and we may have our activities impacted by foreign legislation regarding
social, environmental and climate issues.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our business is regulated by federal, state and municipal laws and regulations
governing many aspects of our operations, including brewing, marketing and advertising, consumer promotions and rebates, workplace safety,
transportation, environmental aspects, distributor relationships, retail execution, sales and data privacy, among others. In addition,
as a public company in Brazil, we are also subject to the Brazilian securities law and the oversight of the Brazilian Securities Commission
(<i>Comiss&#227;o de Valores Mobili&#225;rios</i>), or the CVM, in connection with our public securities. We may be subject to claims
that we have not complied with existing laws and regulations, which could result in fines, penalties and additional obligations such as
disclosure of additional information, change of current practices, among others.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Brazil, the Ministry of
Agriculture and Livestock (&#8220;MAPA&#8221;) and its local departments are responsible for the registration, standardization, classification,
labelling and for the inspection and surveillance of beverage production and commerce. MAPA regulation sets forth that the registration
of establishments and beverages products is valid throughout the country and must be renewed every ten years, except for imported beverages
that do not require registration with the MAPA. Moreover, some products and beverages (i.e., energy drinks) may be subject to prior registrations
or post-production regulations issued by the Brazilian National Health Surveillance Agency (&#8220;ANVISA&#8221;).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We may be subject to laws
and regulations aimed at reducing the availability of beer and carbonated soft drink, or CSD beverages, in some of our markets to address
alcohol abuse, underage drinking, health concerns and other social issues. For example, certain Brazilian states and small municipalities
in which we operate have enacted legislation restricting the hours of operations of certain points of sale, prohibiting the sale of CSDs
in schools and imposing restrictions on advertisement of alcoholic beverages. The Brazilian Congress is also evaluating proposed regulation
imposing hygienic seals on beverage cans, as well as regulation on the consumption, sales and marketing of alcoholic beverages, including
beer which, if enacted, may impose restrictions on the advertisement of alcoholic beverage products on television during specified times
of the day and the hours of operation of certain points of sale, among other things. Furthermore, there are legal proceedings pending before Brazilian
courts that may lead to restrictions on advertisement of alcoholic beverages. These rules and restrictions may adversely impact our results
of operations. For further information, see &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;Regulation.&#8221;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We may be unable to timely
comply with recently enacted laws and regulations in the countries we operate or to comply with laws and regulations in countries we recently
started to operate. There is a global trend of increasing regulatory restrictions with respect to the sale of alcoholic and CSD beverages.
Compliance with such regulatory restrictions can be costly and may affect earnings in the countries in which we operate.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, the trend towards
the multiplication of regulations aimed at regulating ESG issues in the international jurisdictions where we conduct our businesses can
result in complex regulatory obligations, with compliance actions to be implemented throughout the value chain, which may lead to high
compliance costs and, in the event of non-compliance, reputational, financial and operational damage, as well as limitations on accessing
external consumer markets.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">We are subject
to Brazilian and other antitrust regulations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As any company operating
in Brazil, we are subject to the Brazilian antitrust law and regulation, which sets forth the conducts that should be considered a violation
to the economic order and the penalties applied. We have a substantial share of the beer market in Brazil and thus we are subject to scrutiny
and enforcement by Brazilian antitrust authorities (mainly the Administrative Council for Economic Defense &#8211; CADE). We are committed
to conducting business in a legal manner, having implemented what we understand to be a sound competition compliance program to prevent
anticompetitive practices. Nevertheless, from time to time, we are and may become involved in litigation, investigations and other legal
or administrative proceedings relating to antitrust claims arising from allegations of violations of laws, regulations or acts, either
from competitors, clients and other third parties or initiated by CADE. Therefore, we cannot assure you that Brazilian antitrust regulation
and decisions will not affect our business in the future.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We also have substantial
share of the beer market in other countries, such as Argentina, Bolivia, Uruguay, Paraguay, Panama and the Dominican Republic, in which
our operations are subject to scrutiny by local antitrust authorities. We cannot assure you that local antitrust regulations will not
affect our business in such other countries in the future.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="color: windowtext">The
Brazilian government has exercised, and continues to exercise, significant influence over the Brazilian economy; Brazilian economic and
political conditions have a direct impact on our business </span>and the market price of our shares and ADSs<span style="color: windowtext">.
</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Brazilian economy has
been characterized by significant involvement on the part of the Brazilian government, which has historically changed monetary, credit
and other policies to influence Brazil&#8217;s economy. The Brazilian government&#8217;s actions to control inflation and affect other
policies have involved wage and price controls, the Central Bank&#8217;s base interest rates, as well as other measures, such as the freezing
of bank accounts, which occurred in 1990.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Actions taken by the Brazilian
government concerning the economy may have important effects on Brazilian corporations and other entities, including Ambev, and on market
conditions and prices of Brazilian securities. Our financial condition and results of operations may be adversely affected by the following
factors and the Brazilian government&#8217;s response to the following factors:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>devaluations and other exchange rate movements;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>inflation;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>investments;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>exchange control policies;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>employment levels and labor regulation;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>social instability;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span> price instability;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>energy shortages;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>water rationing;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>natural and other disasters, including large scale epidemics and pandemics;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>interest rates and monetary policy;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>liquidity of domestic capital and lending markets;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>growth or downturn of the Brazilian economy;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>import and export controls;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>exchange controls and restrictions on remittances abroad;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>response to COVID-19 pandemic, including social benefits and restriction of businesses operations;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>fiscal policy and changes in tax laws; and</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>other political, diplomatic, social and economic developments in or affecting Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Uncertainty as to whether
the Brazilian federal government will implement changes in policy or regulation affecting these or other factors in the future may affect
economic performance and contribute to economic uncertainty in Brazil and to heightened volatility and lack of liquidity in the Brazilian
capital market and securities issued by Brazilian companies. For example, the deterioration in federal, state and municipal governments&#8217;
fiscal results in recent years has led to an unprecedented increase in gross debt as well as in the gross debt to GDP ratio, which led
Brazil to lose its investment grade from credit rating agencies, decreasing the influx of foreign capital and contributing to a lower
level of economic activity. In addition, the Brazilian economy has experienced a sharp drop in recent years due, in part, to the interventionist
economic and monetary policies of the Brazilian federal government.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We cannot predict the measures
that the Brazilian federal government will take due to mounting macroeconomic pressures or otherwise. Recent economic and political instability
has led to a negative perception of the Brazilian economy and higher volatility in the Brazilian capital markets and the securities of
Brazilian issuers, which also may adversely affect us. Indecision as to changes in policies and regulations implemented by the Brazilian
federal government may contribute to economic uncertainty in Brazil and greater volatility in the Brazilian capital markets. Prior to
the COVID-19 pandemic, Brazil was just emerging from a prolonged recession and a period of slow recovery, with only meager GDP growth
in 2017, 2018 and 2019. Brazil&#8217;s incipient economic recovery in 2020 was torpedoed with the onset of the COVID-19 pandemic and governmental
measures in relation thereto, all of which have introduced an additional level of economic and political uncertainty. These dynamics further
impacted 2021 and 2022 which, coupled with government stimulus reduction, amplified the uncertainty by adding volatility to the market
through accelerated inflation, lower disposable income and higher SELIC rates in Brazil.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="color: windowtext">Economic
and political uncertainty and volatility in Brazil, and the perception of these conditions in the international financial markets, may
adversely affect our business</span> and the market price of our shares and ADSs<span style="color: windowtext">.</span></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our most significant market
is Brazil, which has periodically experienced rates of inflation higher than expected. Inflation, along with governmental measures to
fight inflation and public speculation about possible future measures, has had significant negative effects on the Brazilian economy.
The annual rate of inflation, as measured by the <i>&#205;ndice Nacional de Pre&#231;os ao Consumidor</i> (National Consumer Price
Index), was 4.52% in 2020, 10.06% in 2021 and 5.79% in 2022. Brazil may experience high levels of inflation in the future and such inflationary
pressures may lead to the Brazilian government intervening in the economy and introducing policies that could adversely affect the Brazilian
economy, the securities market and our business. In the past, the Brazilian government&#8217;s interventions included the maintenance
of a restrictive monetary policy with high interest rates that restricted credit availability and reduced economic growth, causing volatility
in interest rates. Recently, inflationary pressures have increased, including as a result of the ongoing COVID-19 pandemic, which has
led to the return of a more restrictive monetary policy.</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Central Bank&#8217;s
Monetary Policy Committee (<i>Comit&#234; de Pol&#237;tica Monet&#225;ria do Banco Central do Brasil</i>, or &#8220;COPOM&#8221;)
frequently adjusts the interest rate in situations of economic uncertainty to achieve goals established in the Brazilian federal government&#8217;s
economic policy. In the event of an increase in inflation, the Brazilian federal government may choose to significantly increase interest
rates. For example, the SELIC official interest rate oscillated from 2.75% in March 2021 to 9.75% in the end of 2021, with further increases
in February, March, May and June 2022. As of the date hereof, the SELIC rate was 13.75%. We cannot assure you that inflation will not
affect our business in the future. In addition, any effort on the part of the Brazilian government to preserve economic stability, as
well as any public speculation about possible future initiatives, may contribute significantly to economic uncertainty in Brazil and may
heighten volatility in the Brazilian securities markets and securities issued abroad by Brazilian issuers. It is also difficult to assess
the impact that turmoil in the credit markets will have in the Brazilian economy, and as a result on our operations and financial results
in the future.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A failure
by the Brazilian government to implement reforms may result in diminished confidence in the Brazilian government&#8217;s budgetary condition
and fiscal stance, which could result in downgrades of Brazil&#8217;s sovereign foreign credit rating by credit rating agencies, negatively
impact Brazil&#8217;s economy, lead to further depreciation of the <i>Real</i> and an increase in inflation and interest rates, adversely
affecting our businesses, financial condition and results of operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Consumption of beer, other
alcoholic beverages and soft drinks in many of the jurisdictions in which we operate, including Brazil, is closely linked to general economic
conditions, such that levels of consumption tend to rise during periods of rising per capita income and to fall during periods of declining
per capita income. Consumption of beer and other alcoholic beverages also varies in accordance with changes in disposable income. Any
decrease in disposable income resulting from an increase in inflation, income taxes, cost of living, unemployment levels, political or
economic instability or other factors would likely adversely affect the demand for beer, other alcoholic beverages, soft drinks and other
non-alcoholic beverages, as well as our results of operations. Moreover, the instability and uncertainty in the Brazilian economic and
political scenario may continue to adversely affect the demand for our products, which in turn may negatively impact our operations and
financial results.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, Brazil&#8217;s
political environment has historically influenced, and continues to influence, the performance of the country&#8217;s economy. Political
crises have affected and continue to affect the confidence of investors and the general public, which have historically resulted in economic
deceleration and heightened volatility in the securities issued by Brazilian companies. For example, presidential elections occurred
in October 2022, with Luiz In&#225;cio Lula da Silva defeating Jair Messias Bolsonaro, in one of the closest presidential races in
history. <span style="background-color: white">In the aftermath of the 2022 election results, there were mass protests and demonstrations
throughout Brazil </span><span style="letter-spacing: 0.2pt">by supporters of former president Jair Bolsonaro disputing the election
results. On January 8, 2023, protesters stormed government buildings in Brasilia, the country&#8217;s capital, including the Congress,
the Supreme Court and the Presidential Palace, which prompted the Supreme Court to order participants and certain politicians to be imprisoned
and resulted in new investigations. It is unclear whether this heightened state of political and social tension will dissipate or intensify
in coming months</span> <span style="background-color: white">as the country awaits definition regarding the political and economic agenda
of the new administration, which could contribute to increased macroeconomic and political instability. </span></p>



<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.4pt; margin-right: 0; margin-left: 0">Further,
during the term of the former president Jair Messias Bolsonaro, who remained president until January 1, 2023, there were several
inquiries related to potential misconduct, including a Supreme Court investigation focused on the president&#8217;s handling of
the&#160;COVID-19&#160;pandemic. The potential
outcome of these and other inquiries, as well as potential new inquiries involving Jair Messias Bolsonaro that may arise, are uncertain,
but they had a negative impact on the general perception of the Brazilian economy and have adversely affected and may continue to affect
our businesses, financial condition and results of operations, as well as the market price of our common shares.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Risks Relating to Other
Countries in Which We Operate</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Our Latin America South
operations are subject to substantial risks relating to the businesses and operations conducted in Argentina and other South American
countries.</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We own 100% of the total
share capital of Latin America South Investment, S.L., or LASI, the net revenues from which corresponded to 21.8% of our consolidated
results of operations in 2022. LASI is a holding company with operating subsidiaries in Argentina and other South American countries.
As a result, LASI&#8217;s financial condition and results of operations may be adversely affected by the political instability, fluctuations
in the economy and governmental actions concerning the economy of Argentina and the other countries in which its subsidiaries operate
and, consequently, affect our consolidated results.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The results of our Argentinian
operations have been significantly impacted in recent years by political instability, fluctuations in the Argentine economy (such as the
devaluation of the Argentine <i>peso</i> in 2020, 2021 and 2022 relative to the U.S. dollar), governmental actions concerning the economy
of Argentina (such as Argentina&#8217;s selective default on its restructured debt in July 2014), inflation and deteriorating macroeconomic
conditions in the country. Continued deterioration of the Argentine economy, or new foreign exchange, price controls, export repatriation
or expropriation regimes could adversely affect our liquidity and ability to access funds from Argentina, our financial condition and
operating results.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The 2020, 2021 and 2022 devaluations
of the Argentine <i>peso</i> relative to the <i>real</i>, and further devaluations of the Argentine <i>peso</i> in the future, if any,
may decrease our net assets in Argentina, with a balancing entry in our equity. See &#8220;&#8212;Risks Relating to Our Operations&#8212;Our
results of operations are affected by fluctuations in exchange rates and devaluation of the <i>real</i> or other currencies with which
we operate relative to other currencies, including the U.S. dollar, which may adversely affect our financial performance.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Following the categorization
of Argentina in our results for the third quarter of 2018 as a country with a three-year cumulative inflation rate greater than 100%,
the country is considered as a hyperinflationary economy in accordance with IFRS rules (IAS 29), requiring us to restate the results of
our operations for the year ended December 31, 2018, in hyperinflationary economies for the change in the general purchasing power of
the local currency, using official indices before converting the local amounts at the closing rate of the period.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2020, the Argentine government implemented multiple measures in response
to the economic crisis resulting from the COVID-19 pandemic including increased health spending, financial support for workers (including
funding of wages), vulnerable groups and certain industry sectors, as well as price controls<i>. </i>In 2021, these actions were further
enhanced with the freezing of housing rental prices (coupled with the prohibition of evictions upon payment delays), temporary suspensions
of service interruption due to non-payment and the extension of credit card payment deadlines and reduced fees on public transportation.
Argentina&#8217;s inflation reached 95% in 2022 with the Central Bank increasing its reference interest rate (BADLAR) by nearly 35pp,
ending the year at 69%, in an attempt to prevent further devaluation of the currency that went from 102 ARS/USD to 177 ARS/USD (a 72%
devaluation).</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In light of the country&#8217;s
ailing economy and market&#8217;s concerns as to the current administration&#8217;s commitment to fiscal responsibility, which includes
a recent increase in corporate income tax, our liquidity and operations, as well as our ability to access funds from Argentina could be
adversely affected to the extent the economic or political situation in Argentina deteriorates, or if foreign exchange restrictions are
further implemented in the country. It is also difficult to assess the impact that the changes to the Argentine political scenario will
have in the Argentine economy and, as a result, on our future operations and financial results. </p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If the economic or political
situation in Argentina further deteriorates, our Latin America South operations may be subject to restrictions under new Argentinean foreign
exchange, export repatriation or expropriation regimes that could adversely affect our liquidity and operations, and our ability to access
funds from Argentina.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, On November
8, 2020, Luis Arce took office as the new president of Bolivia, having won the elections in the first round with the majority of votes.
With these results, the Movement towards Socialism (<i>Movimiento al Socialismo</i>&#160;or MAS) was returned to power and obtained an
absolute majority in the parliament after a one-year interregnum following the ballot in 2019. In March 2021, Jeanine Anez, the former
Bolivian interim president appointed as the most senior parliamentarian, was charged with terrorism, sedition and conspiracy as part of
a coup to depose longtime former president Evo Morales and has been detained since then.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Furthermore, In December 2021, Gabriel Boric was elected Chile&#8217;s
new president, defeating Jos&#233; Antonio Kast, in an election marked by political polarization. Boric&#8217;s government plan includes
aspects such as increasing taxes on the richest population and large companies, ending the current pension system, and creating a universal
fund to finance public and private health. Even though Chile&#8217;s GDP grew by nearly 2.5% in 2022, it has slowed down versus 2021 as
tighter financial conditions, the withdrawal of pandemic-related support measures, and rising inflation dampened household consumption.
It is difficult to assess the impact that the changes to the Bolivian and Chilean political scenario, as well as other Latin American
countries, will have on their respective economies and, as a result, on our future operations and financial results.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Political developments in
Latin America, including government deadlock, political instability and civil strife could impact our Latin America South operations and
have a material adverse effect on our business, financial condition, and results of operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 21.3pt; text-align: justify; text-indent: 0.5in"><i>Deterioration
in economic and market conditions in Brazil and other emerging market countries, as well as in developed economies (including as a result
of the COVID-19 virus pandemic), may adversely affect the market price of our common shares and ADSs.</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Economic and market conditions
in Brazil and other emerging market countries, especially those in Latin America, influence the market for securities issued by Brazilian
companies as well as investors&#8217; perception of economic conditions in Brazil. Crises in emerging markets, such as in Southeast Asia,
Russia and Argentina, historically caused volatility in the Brazilian stock market and other emerging countries. In addition, global financial
crisis originating in developed economies, including the subprime debt crisis in the United States and the sovereign debt crisis in Europe,
have had an impact on many economies and capital markets around the world, including Brazil, which may adversely affect investors&#8217;
interest in the securities of Brazilian issuers such as Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our businesses, financial
condition and results of operations may be materially and adversely affected by a general economic downturn and by instability and volatility
in the financial markets and commodity prices, including as a result of the conflict between Ukraine and Russia.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">More recently, the COVID-19
virus pandemic has resulted in significant financial market volatility and uncertainty around the globe. Therefore, the market value of
our common shares and ADSs may be adversely affected by events occurring inside and outside of Brazil, such as the emergence or continuation
<span style="background-color: white">of widespread health emergencies or pandemics, military conflicts, including the ongoing conflict
between Russia and Ukraine, terrorism or other geopolitical events.&#160;</span>Additionally, monetary policy changes and/or implementation
of protectionist policies in the United States and other relevant countries for the international economy may impact, directly or indirectly,
the economy in the countries where we operate, generating several risks, especially exchange rate, interest rate and increase in the price
of commodities, and, consequently, affecting our results.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">We operate
a joint venture in Cuba, in which the Government of Cuba is our joint venture partner. Cuba is still targeted by broad and comprehensive
economic and trade sanctions of the United States. Our operations in Cuba may adversely affect our reputation and the liquidity and value
of our securities. </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev, through its Canadian
subsidiary Cerbuco Brewing Inc., (&#8220;Cerbuco&#8221;),currently owns a controlling interest of 50% in Cerveceria Bucanero S.A., or
Bucanero, a Cuban company in the business of producing and selling beer. The other 50% equity interest in Bucanero is owned by the Government
of Cuba. We have the right to appoint the general manager
of Bucanero. In 2021, Cerbuco&#160;initiated arbitration proceedings regarding potential breach&#160;of certain obligations relating to&#160;the
joint venture. For more information regarding the arbitration proceedings, please see &#8220;Item 8. Financial Information&#8212;Civil
Claims&#8212;Cerbuco Arbitration.&#8221;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Bucanero&#8217;s main brands
are <i>Bucanero</i> and <i>Cristal</i>. In 2022, Bucanero sold 0.70 million hectoliters of beer, representing about 0.38% of our total
volume of 185.7 million hectoliters for the year. Although Bucanero&#8217;s production is primarily sold in Cuba, a small portion of
its production is exported to and sold by certain distributors in other countries outside Cuba (but not the United States).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Based on U.S. foreign policy,
the U.S. Treasury Department&#8217;s Office of Foreign Assets Control and the U.S. Commerce Department together administer and enforce
broad and comprehensive economic and trade sanctions against Cuba. Although our operations in Cuba are quantitatively immaterial, our
overall business reputation may suffer, or we may face additional regulatory scrutiny as a result of our activities in Cuba based on the
fact that Cuba remains a target of U.S. economic and trade sanctions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, there have in
the past been initiatives by federal and state lawmakers in the United States, and certain U.S. institutional investors, including pension
funds, to adopt laws, regulations or policies requiring the divestment from, or reporting of interests in, companies that do business
with countries designated as state sponsors of terrorism. On January 11<sup>th</sup>, 2021, the United States government designated Cuba
as a state sponsor of terrorism, a list from which Cuba had previously been removed in 2015. If U.S. investors decide to liquidate or
otherwise divest their investments in companies that have operations of any magnitude in Cuba, the market in and value of our securities
could be adversely impacted.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Also, Title III of the Cuban
Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 (known as the &#8220;Helms-Burton Act&#8221;) authorizes private lawsuits for
damages against anyone who traffics in property confiscated without compensation by the Government of Cuba from persons who at the time
were, or have since become, nationals of the United States.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Helms-Burton Act also
includes a section that authorizes the U.S. Department of State to prohibit entry into the United States of non-U.S. persons who traffic
in confiscated property, and corporate officers and principals of such persons, and their families. Although Title III of the Helms-Burton
Act had previously been suspended by discretionary presidential action following its inception in 1996. On May 2, 2019, the former Trump
Administration activated Title III of the Helms-Burton Act, thereby allowing nationals of the United States that hold claims under the
Helms-Burton Act to file suit in U.S. federal court against all persons trafficking in property confiscated by the Cuban government. As
a result of the activation of Title III of the Helms-Burton Act, we may be subject to potential U.S. litigation exposure, including claims
accrued during the prior suspension of Title III of the Helms-Burton Act. It remains uncertain how the activation of Title III of the
Helms-Burton Act will impact our U.S. litigation exposure. ABI has received notices of claims purporting to be made under the Helms-Burton
Act</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">The extent
of the pandemic declared by the World Health Organization due to the spread of COVID-19, the perception of its effects or the way in which
this pandemic will continue to impact our business, depends on future developments which are highly uncertain and unpredictable, and may
result in a material adverse effect on our business, financial condition, results of operations and cash flow.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Outbreaks or potential disease
outbreaks may have an adverse effect on our operations. Historically, some epidemics and regional or global outbreaks, such as the one
caused by the Zika virus, the Ebola virus, the H5N5 virus (popularly known as avian influenza), the foot and mouth disease, the H1N1 virus
(influenza A, popularly known as swine flu), the Middle East Respiratory Syndrome (MERS) and the Severe Acute Respiratory Syndrome (SARS),
have affected certain sectors of the economy in the countries where these diseases have spread. On March 11, 2020, the World Health Organization,
or the WHO, declared a pandemic due to the global spread of COVID-19, a disease caused by the new coronavirus (Sars-Cov-2), or COVID-19.
This spread has generated significant macroeconomic uncertainties, volatility, and disruption. In response, many governments have implemented
policies designed to prevent or delay the spread of the disease, such as the restriction on circulation of people and even social isolation,
and some of these measures may remain in place for an extended and uncertain period.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">During 2020 and 2021, as
the COVID-19 pandemic progressed in the countries in which we operate, including Brazil, Argentina, Canada and several other countries
in Central and South America, states and municipalities have adopted guidelines that varied in terms of scope and intensity to control
the spread of COVID-19, such as the restriction on circulation of people and social distancing, which resulted in the closing of and operating
restrictions on stores, restaurants, hotels, shopping centers, crowded areas, parks and other public spaces. In 2022, most of such restrictions
were lifted throughout the first half of the year as a result of improvements in the control of the pandemic. While these restrictions
were in effect, they have changed consumer behavior and the dynamics of on-trade (e.g., bars and restaurants) and off-trade (e.g., supermarkets)
channels, which adversely impacted our profitability. This changed dynamics had a severe effect on emerging market countries, such as
Bolivia and Panama, where the on-trade channel is the predominant consumption occasion for consumers. See &#8220;Item 5. Operating Financial
Review and Prospects&#8212;A. Operating Results.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The dissemination of COVID-19
made us change our business practices (including additional hygienic practices for workplaces and employees, in addition to canceling
in-person meetings, events and conferences) during the pandemic. We may take additional actions, as required by government authorities,
or as determined by management, considering the best interests of our employees, customers and business partners. We cannot guarantee
that these measures will be sufficient to mitigate the risks posed by the pandemic or that they will meet the demands of government authorities.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The extent to which the COVID-19
pandemic will continue to affect our business, financial condition, results of operations or cash flows will depend on future developments,
which are highly uncertain and unpredictable. These developments include, among others, the duration and geographic distribution of the
outbreak, its severity, actions to contain the virus or minimize its impact, and how quickly and to what extent normal economic and operational
conditions can be resumed. Even three years after the COVID-19 pandemic started, our business continues to suffer adverse and material
impacts due to the global or regional economic impact, including recession, economic slowdown or increase in unemployment levels, which
may affect the purchasing power of our customers.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, we cannot guarantee
that other regional and/or global outbreaks will not occur. If they do, we cannot guarantee that we will be able to take the necessary
measures to prevent an adverse impact on our businesses of equal or greater dimension than the impact caused by the COVID-19 pandemic,
in case of new regional and/or global outbreaks or new large-scale waves of COVID-19.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any outbreak of a disease
that affects human behavior or that requires public policies to restrict the circulation of people and/or social contact may change consumer
behavior, having an adverse impact on our business, as well as on the economies in the countries in which we operate. Disease outbreaks
may also make it impossible for our employees and customers to go to our facilities (including for preventative reasons or avoiding large-scale
contamination), which would adversely affect the development of our business.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As there are no comparable
recent events that can provide us with guidance regarding the effect of a severe global pandemic, we cannot predict the final impact of
the COVID-19 outbreak. Finally, the impact of the COVID-19 pandemic can also precipitate or exacerbate the other risks described in this
annual report.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Social Issues</i></b></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">The Company is subject to obligations imposing respect for human rights,
which may cause the Company to incur additional costs, as well as significant contingencies related to social issues.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Exposure to social
risks varies according to the specific characteristics of each company, its sector of activity and its geographic location, so that
each company must consider such peculiarities to define the social risks considered material, according to its strategy and model of
business. In general, social risks arise from the potential and effective adverse impacts of its business activities on the human
rights of all stakeholders involved in its operation, including its own employees, consumers, suppliers, investors and the local
community where a company operates, these being connected directly or indirectly to its activities.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If the measures we adopt
are not sufficient to prevent, manage and mitigate the social risks applicable to our business, we will consequently be exposed to legal,
regulatory, operational and reputational risks, which can materialize in different ways.</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are also required to guarantee dignified working conditions for our
employees, ensuring their health, safety, well-being and their right to associate and participate in unions, in compliance with local
laws and regulations, respecting human rights. A workplace identified as dangerous, hostile or discriminatory may result in legal contingencies
and inhibit the Company's ability to attract and retain talent, negotiate with associations and unions, prevent incidents of health and
safety at work, and drive innovation.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Similarly, if we do not
take well-structured initiatives that are integrated into long-term planning to foster diversity, equity and inclusion, in all levels
regardless of the hierarchy, we may be challenged, including judicially, about the absence of clear goals and effective actions in this
area.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There is no guarantee that the Company will be able to properly manage the social risks mentioned above, meeting all national and
international laws, parameters and guidelines, which, consequently, may harm the Company's operating results and reputation.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Environmental Issues</i></b></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="color: windowtext">Our
operations are subject to broad safety and environmental regulations,</span> t<span style="color: windowtext">he non-compliance of which
may pose significant financial, operational, reputational, litigation and regulatory risks related to environmental issues for us.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company's operations
are subject to a wide variety of federal, state and municipal environmental laws and regulations, related to the licenses or authorizations
necessary for the development of the Company's business regarding the installation and operation of its projects and activities, the use
of water resources, solid waste management, removal of vegetation, impact on protected areas, use of forestry products or raw materials,
among other aspects possibly related to its activities.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company's activities
require the constant obtaining and renewal of environmental licenses and authorizations, which depend on the installation and operation
of activities and undertakings considered by the competent environmental agency, under the terms of current environmental legislation,
as effectively or potentially polluting the environment. Technical difficulties, non-compliance with the related environmental legislation
and the technical conditions established in the environmental licenses and authorizations may have harmful effects on the Company's business,
since they may subject it to the imposition of various administrative sanctions (such as simple or successive fines, interruption or suspension
of activities, embargo or closure of undertakings, revocation of licenses and authorizations, as applicable), payment of costs for the
recovery of degraded areas and environmental regularization (resulting from environmental compensation and embargo, for example), as well
as accountability in the civil, administrative and criminal spheres, as the case may be. There is no guarantee that the Company, even
adopting appropriate practices and processes, will not incur environmental liability or that these applicable environmental laws and regulations
will not change or become more stringent in the future. In this sense, non-compliance with the applicable legislation and the technical
conditions established in the licenses and authorizations may harm the Company's operations, reputation, operating results and financial
health.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As the scrutiny of environmental
authorities, society and investors regarding the Company's practices in relation to the environment, as well as the Company&#8217;s compliance
with environmental legislation in the various federative spheres, as well as in the countries in which we operate, has become increasingly
rigorous, the Company's costs to comply with environmental regulation, improve environmental practices and repair possible environmental
damage can increase substantially in the future. Furthermore, processes related to environmental compliance can become more complex.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In this context, for the purpose of complying with current environmental
legislation and addressing other environmental issues relevant to the Company, the following are considered material issues from a regulatory,
operational, financial and reputational point of view: (i) the use of water resources; (ii) climate change; (iii) solid waste management,
reverse logistics and circular packaging; (iv) sustainable agriculture and (v) responsible consumption. In view of their relevance, the
Company internally manages the material topics by establishing and monitoring appropriate performance indicators to assess the variations,
evolutions and challenges related to each of the aforementioned topics.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>








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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Natural and
other disasters and accidents caused by human and technological errors could disrupt our operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The economy of countries
in which we operate, as well as our business activity and operating results, may be adversely impacted by natural (including floods, fires),
social, technical (technological or human errors) or physical risks such as large-scale epidemics and pandemics, including the COVID-19
pandemic, the occurrence of natural disasters, terrorist events, military conflicts, including the ongoing conflict between Russia and
Ukraine, which could disrupt the operations of our suppliers, affect the price or availability of certain raw materials or commodities
required for our products and adversely affect our operations, as well as other actions that may result in significant widespread disruptions
to commerce and the ability of businesses, including ours, to operate normally. The exemplified events and others can affect our business
in general or be specific to certain strategic locations, where our plants, distribution center or logistic hubs may be located. Such
disruptions may result in reduced economic activity and business sentiment, both in the Brazilian market and internationally.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Climate issues, including
physical and transition risks</i></b></p>

<p style="font: italic 10pt Times New Roman,serif; margin: 10pt 0 0 18pt; text-align: justify; text-indent: 0cm">Scarcity or poor quality
of water may negatively affect our production costs and capacity.</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0; text-align: justify; text-indent: 36pt">The Company faces risks related to
water shortages. The availability of fresh water is a limited resource in many parts of the world, facing unprecedented challenges relating
to climate change and the resulting change in rainfall patterns and frequency of extreme weather, overexploitation, increased pollution
and poor water management. As the demand for water continues to increase worldwide, and as water becomes scarcer and the quality of available
water deteriorates, the Company may be affected by increased production costs, capacity limitations or significant changes in water quality,
which could adversely affect the Company's business and results of operations.</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0; text-align: justify; text-indent: 36pt">Water shortages can result in business
interruptions and/or reduced production and increased treatment costs. The availability of water is critical for the Company's operations,
as it is an essential input for the production of beer. Reduced water availability can also affect legislation regulating water use. In
addition, water quality affected by scarcity can also affect water treatment costs and the ability to operate around the clock.</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0; text-align: justify; text-indent: 36pt">Droughts can cause malting barley
harvests to fail<i>,</i> especially in South America, where most barley is rain-fed, so-called meteorological droughts (short-term droughts
and impacted by precipitation) can significantly affect <i>barley crops </i>yields.&#160;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Climate change,
or legal, regulatory or market measures to address climate change, may negatively affect our business or operations.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 60pt">There is growing concern
about adverse impacts caused by emissions of carbon dioxide and other greenhouse gases into the atmosphere such as rising global temperatures,
changing weather patterns, and the increased frequency and severity of extreme weather events and natural disasters. If climate change
has a negative effect on agricultural productivity in the locations where the Company operates, the Company may be subject to reduced
availability or the offer at less favorable prices for certain agricultural products that are necessary for the Company's production
process, such as barley, hops, sugar and corn. In addition, public expectations for reducing greenhouse gas emissions may result in increased
cost of energy, transportation and raw materials and may require the Company to make additional investments in facilities and equipment
due to increased regulatory or social pressures. As a result, the effects of climate change could have material adverse long-term impacts
on the Company's business and results of operations. The Company's operations are subject to physical risks, with impacts on the production
capacity and delivery of services and products, resulting from the effects of climate change. Tropical cyclones can cause disruptions
and damage to businesses and breweries. Wildfires can cause malt barley crop failures, as occurred in 2021 in Canada, which led to significant
crop failures. Non-seasonal rains can cause malting barley harvest failures, affecting barley quality. Changes in weather conditions
can result in reduced malting barley yields. This reduction directly affects inputs for production and may consequently increase production
costs and indirectly costs to markets. For instance, the growing demand for aluminum for packaging, combined with sourcing challenges,
may result in higher procurement costs.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 60pt">The Company's
operations are also subject to transition risks such as: (i) regulatory changes on water use and prices, which may increase the
price of water or cause interruptions in supply, affect the availability and license to operate in certain localities and countries;
(ii) carbon pricing mechanisms (both taxes and emissions trading systems) that affect both direct operations and emissions from
packaging materials throughout the supply chain, may result in higher operating costs for the Company. For example, the aluminum and
glass production process are energy high and greenhouse gas emissions intensive. Depending on the country where materials are
sourced from, there is potential associated with a high carbon cost and carbon pricing mechanisms; (iii) current and emerging energy
and fuel regulations and taxes may increase direct operating costs, given that the Company is exposed to such fuel and energy taxes;
and (iv) fluctuations in demand for inputs prone to low availability, such as aluminum, may affect production capacity and increase
the cost of purchasing packaging for the Company's products. The Company announced its 2025 Sustainability Goals focused on smart
agriculture, efficient use of water resources, recycling of packaging, as well as actions to tackle climate change based on its
ambition to achieve net zero emissions (i.e., a reduction of 90 % of greenhouse gas emissions offsetting residual emissions) across
its value chain by 2040. If the Company fails to meet these targets for any reason, there is a risk of reputational damage, as well
as possible questioning &#8211; including through litigation &#8211; of its interested parts. As a result, the effects of climate
change could have a material adverse long-term impact on the Company's business and results of operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 21.3pt; text-align: justify; text-indent: 0in"><i>Seasonal consumption
cycles and adverse weather conditions may result in fluctuations in demand for our products</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Seasonal consumption cycles
and adverse weather conditions in the markets in which we operate may have an impact on our operations. This is particularly true in the
summer months, when unseasonably cool or wet weather can affect sales volumes.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Stakeholders concerns and
changing consumer preferences for sustainable products could also result in reduced revenues if the Company is unable to meet these requirements.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Risks Relating
to Our Common Shares and ADSs</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Brazilian foreign
exchange controls and regulations could restrict conversions and remittances abroad of the dividend payments and other shareholder distributions
paid in Brazil in reais arising from Ambev&#8217;s common shares (including shares underlying the Ambev ADSs).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Brazilian law provides that
whenever there is a serious imbalance in Brazil&#8217;s balance of payments or reasons to foresee such a serious imbalance, the Brazilian
government may impose temporary restrictions on the remittance to foreign investors of the proceeds of their investments in Brazil. Such
restrictions may hinder or prevent the Custodian or holders who have exchanged ADSs for Ambev&#8217;s underlying shares from converting
distributions or the proceeds from any sale of such shares into U.S. dollars and remitting such U.S. dollars abroad. In the event the
Custodian is prevented from converting and remitting amounts owed to foreign investors, the Custodian will hold the reais it cannot convert
for the account of the holders of ADSs who have not been paid. The Depositary will not invest the reais and will not be liable for interest
on those amounts. Any reais so held will be subject to devaluation risk against the U.S. dollar.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, the likelihood
that the Brazilian government would impose such restrictions may be affected by the extent of Brazil&#8217;s foreign currency reserves,
the availability of foreign currency in the foreign exchange markets on the date a payment is due and the size of Brazil&#8217;s debt
service burden relative to the economy as a whole. We cannot assure you that the Brazilian Central Bank will not modify its policies or
that the Brazilian government will not institute restrictions or delays on cross-border remittances in respect of securities issued in
foreign capital markets. For further information on this matter, see &#8220;Item 10. Additional Information&#8212;D. Exchange Controls
and other Limitations Affecting Security Holders.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 14.2pt; text-align: justify; text-indent: 0in"><i>The surrender
of ADSs may cause the loss of the ability to remit foreign currency abroad and of certain Brazilian tax attributes.</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">While ADS holders benefit
from the electronic certificate of foreign capital registration obtained in Brazil by the Custodian, which permits the Depositary to convert
gains, dividends, profits or other payments under Ambev&#8217;s shares with respect to the
shares underlying the ADSs into foreign currency and remit the proceeds abroad, the availability and requirements of such electronic certificate
may be adversely affected by future changes to the applicable regulation.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If an ADS holder surrenders
the ADSs and, consequently, receives shares underlying the ADSs, the investment in Ambev&#8217;s shares would be registered with the Brazilian
Central Bank either as (i) a foreign direct investment, subject to Brazilian Central Bank Resolution 278, dated December 31,2022 (&#8220;BCB
Resolution 278&#8221;), which will require an electronic certificate of foreign capital registration, the <i>Capital Information Provision
System </i>of Foreign Direct Investment (SCE-IED), or (ii) a foreign investment in portfolio, subject to National Monetary Council&#8217;s
(<i>Conselho Monet&#225;rio National)</i> (&#8220;CMN&#8221;) Resolution 4,373, dated September 29, 2014 (&#8220;CMN Resolution 4,373&#8221;),
which among other requirements, requires the appointment of a financial institution in Brazil as the custodian of the preferred shares
and legal representative of the foreign investor in the Electronic Declaratory Registration of Portfolio (RDE &#8211; Portfolio).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The failure to register the
investment in the Ambev&#8217;s shares as foreign investment as described above (e.g., SCE &#8211; IED or RDE &#8211; Portfolio) will
impact the ability of the holder to dispose of Ambev&#8217;s shares and to receive gains, dividends, profits or other payments under Ambev&#8217;s
shares. Moreover, upon receipt of Ambev&#8217;s shares underlying the ADSs, Brazilian regulations require the investor to enter into corresponding
exchange rate transactions and pay taxes on these exchange rate transactions, as applicable.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, if the SCE-IED
or RDE-Portfolio are not properly registered the relevant holder may incur expenses or suffer delays in the application process, which
could impact the investor&#8217;s ability to receive gains, dividends, profits or other payments under Ambev&#8217;s shares on a timely
manner.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Certain shareholder
entitlements may not be available in the U.S. to holders of Ambev ADSs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Due to certain United States
laws and regulations, U.S. holders of Ambev ADSs may not be entitled to all of the rights possessed by holders of Ambev common shares.
For instance, U.S. holders of Ambev ADSs may not be able to exercise preemptive, subscription or other rights in respect of the Ambev
common shares underlying their Ambev ADSs, unless a registration statement under the Securities Act is effective with respect to those
rights or an exemption from the registration requirements thereunder is available.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Holders of
Ambev ADSs may be unable to fully exercise voting rights with respect to the Ambev shares underlying their ADSs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under Brazilian law, only
shareholders registered as such in the corporate books of Brazilian companies may attend shareholders&#8217; meetings. Because all the
Ambev common shares underlying the Ambev ADSs are registered in the name of the Depositary (and not the ADS holder), only the Depositary
(and not the ADS holder) is entitled to attend Ambev&#8217;s shareholders&#8217; meetings. A holder of Ambev ADSs is entitled to instruct
the Depositary as to how to vote the respective Ambev common shares underlying their ADSs only pursuant to the procedures set forth in
the deposit agreement for Ambev&#8217;s ADS program. Accordingly, holders of Ambev ADSs will not be allowed to vote the corresponding
Ambev common shares underlying their ADSs directly at an Ambev shareholders&#8217; meeting (or to appoint a proxy other than the Depositary
to do so), unless they surrender their Ambev ADSs for cancellation in exchange for the respective Ambev shares underlying their ADSs.
We cannot ensure that such ADS cancellation and exchange process will be completed in time to allow Ambev ADS holders to attend a shareholders&#8217;
meeting of Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Further, the Depositary has
no obligation to notify Ambev ADS holders of an upcoming vote or to distribute voting cards and related materials to those holders, unless
Ambev specifically instructs the Depositary to do so. If Ambev provides such instruction to the Depositary, it will then notify Ambev&#8217;s
ADS holders of the upcoming vote and arrange for the delivery of voting cards to those holders. We cannot ensure that Ambev&#8217;s ADS
holders will receive proxy cards in time to allow them to instruct the Depositary as to how to vote the Ambev common shares underlying
their Ambev ADSs. In addition, the Depositary and its agents are not responsible for a failure to carry out voting instructions or for
an untimely solicitation of those instructions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a result of the factors
discussed above, holders of Ambev ADSs may be unable to fully exercise their voting rights.</p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Our status
as a foreign private issuer allows us to follow Brazilian corporate governance practices and exempts us from a number of rules under the
U.S. securities laws and listing standards, which may limit the amount of public disclosures available to investors and the shareholder
protections afforded to them.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are a foreign private
issuer, as defined by the Securities and Exchange Commission, or the SEC, for purposes of the Exchange Act. As a result, we are exempt
from many of the corporate governance requirements of stock exchanges located in the United States, as well as from rules under the Exchange
Act that impose certain disclosure obligations and procedural requirements for proxy solicitations under Section 14 of the Exchange Act.
For example, our officers, directors and principal shareholders are exempt from the reporting and &#8220;short-swing&#8221; profit recovery
provisions under Section 16 of the Exchange Act. Moreover, we are not required to file periodic reports and financial statements with
the SEC as frequently or as promptly as U.S. companies whose securities are registered under the Exchange Act. Accordingly, there may
be less publicly available information concerning us than there is for U.S. public companies.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, for so long
as we remain as a foreign private issuer, we will be exempt from most of the corporate governance requirements of stock exchanges located
in the United States. Accordingly, you will not be provided with some of the benefits or have the same protections afforded to shareholders
of U.S. public companies. The corporate governance standards applicable to us are considerably different than the standards applied to
U.S. domestic issuers. For example, although Rule 10A-3 under the Exchange Act generally requires that a company listed in the United
States have an audit committee of its board of directors composed solely of independent directors, as a foreign private issuer we are
relying on an exemption from this requirement under Rule 10A-3(c)(3) of the Sarbanes-Oxley Act of 2002 that is available to us as a result
of features of the Brazilian Corporation Law applicable to our Fiscal Council. In addition, we are not required under the Brazilian Corporation
Law to, among other things:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>have a majority of our Board of Directors be independent (though our bylaws provide that two of our directors must be independent
and, in certain circumstances pursuant to the Brazilian Corporation Law, our minority shareholders may be able to elect members to our
Board of Directors);</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>have a compensation committee, a nominating committee, or corporate governance committee of the Board of Directors (though
we currently have a non-permanent People Committee that is responsible for evaluating our compensation policies applicable to management
and a Governance Committee that is responsible for governance matters as related party transactions, antitrust matters, strategies related
to ESG issues and cyber security and privacy and data protection matters);</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>have regularly scheduled executive sessions with only non-management directors (though none of our current directors hold management
positions in us); or</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>have at least one executive session of solely independent directors each year.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For further information on
the main differences in corporate governance standards in the United States and Brazil, see &#8220;Item 6. Directors, Senior Management
and Employees&#8212;C. Board Practices&#8212;Differences Between United States and Brazilian Corporate Governance Practices.&#8221;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">As a Brazilian
company, Ambev is subject to different corporate laws and regulations than those typically applicable to U.S.-listed companies, which
may result in Ambev&#8217;s shareholders having fewer or less well-defined shareholder rights than the shareholder rights of those companies.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev&#8217;s corporate affairs
are governed by its bylaws and the Brazilian Corporation Law, which may differ from the legal principles that would apply to Ambev if
the company were incorporated in a jurisdiction in the United States, such as Delaware or New York, or in other jurisdictions outside
of Brazil. In addition, shareholder rights under the Brazilian Corporation Law to protect them from actions taken by the board of directors
or controlling shareholders may be fewer and less well-defined than under the laws of jurisdictions outside of Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Although insider trading
and price manipulation are restricted under applicable Brazilian capital markets regulations and treated as crimes under Brazilian law,
the Brazilian securities markets may not be as highly regulated and supervised as the securities markets of the United States or other
jurisdictions outside Brazil. In addition, rules and policies against self-dealing and for the preservation of shareholder interests may be less well-defined and enforced in Brazil than
in the United States or other jurisdictions outside Brazil, potentially causing disadvantages to a holder of Ambev ADSs as compared to
a holder of shares in a U.S. public company. Further, corporate disclosures may be less complete or informative than required of public
companies in the United States or other jurisdictions outside Brazil.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any dividends not distributed
would be allocated to a special reserve account for future payment to shareholders unless it is used to offset subsequent losses or as
otherwise provided for in our bylaws. It is possible, therefore, that our shareholders will not receive dividends in any particular fiscal
year.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Foreign holders
of our ADSs may face difficulties in serving process on or enforcing judgments against us and other persons.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are organized under the
laws of Brazil and most of our directors and executive officers, as well as our independent registered public accounting firm, reside
or are based in Brazil. In addition, substantially all of our assets and those of these other persons are located in Brazil. As a result,
it may not be possible for foreign holders of our ADSs to expediently effect service of process upon us or those persons within the United
States or other jurisdictions outside Brazil or to efficiently enforce against us or them judgments obtained in the United States or other
jurisdictions outside Brazil. Because judgments of U.S. courts for civil liabilities based upon the U.S. federal securities laws may only
be enforced in Brazil if certain formal and procedural conditions are met (including non-violation of Brazilian national sovereignty,
public policy and &#8220;good morals&#8221;), holders of our ADSs may face greater difficulties in protecting their interests in the context
of legal, corporate or other disputes between them and us, our directors and/or our executive officers than would shareholders of a U.S.
corporation.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, a plaintiff
(whether or not Brazilian) residing outside Brazil during the course of litigation in Brazil must provide a bond to guarantee court costs
and legal fees if the plaintiff owns no real property in Brazil that could secure such payment. The bond must have a value sufficient
to satisfy the payment of court fees and defendant&#8217;s attorney fees, as determined by a Brazilian judge. This requirement does not
apply to (1) the enforcement of debt instruments or awards, including foreign judgments and arbitral awards that have been duly recognized
by the Brazilian Superior Court of Justice (<i>Superior Tribunal de Justi&#231;a</i>); (2) counterclaims; and (3) circumstances where
the plaintiff or other intervening parties (regardless of citizenship) resides in a country that is a party to a treaty in force in Brazil
that establishes that no security, bond or deposit of any kind is required by reason only of their foreign nationality (e.g., the Hague
Convention on International Access to Justice). Furthermore, Brazil does not have a treaty with the United States to facilitate or expedite
the enforcement in Brazil of decisions issued by a state court in the United States, which shall necessarily be previously recognized
by the Brazilian Superior Court of Justice in order to produce effects in Brazil. As to arbitral awards issued in the United States, it
is important to note that Brazil has ratified the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (Decree
No. 4311/2002), and arbitral awards rendered outside of the Brazilian territory are enforceable if the requirements provided by such treaty
are fulfilled, and the arbitral award is previously recognized by the Brazilian Superior Court of Justice.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Judgments of
Brazilian courts with respect to our shares will be payable only in reais.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If proceedings are brought
in the courts of Brazil seeking to enforce our obligations in respect of our common shares, we will not be required to discharge any such
obligations in a currency other than <i>reais</i>. Under Brazilian exchange control limitations, an obligation in Brazil to pay amounts
denominated in a currency other than <i>reais</i> may only be satisfied in Brazilian currency at the exchange rate, as determined by the
Central Bank, in effect on the date of the effective payment. The then prevailing exchange rate may not afford non-Brazilian investors
with full compensation for any claim arising out of, or related to, our obligations under our common shares.</p>


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<td style="width: 0"></td><td style="width: 1in"><span id="a_011"></span>ITEM 4.</td><td>INFORMATION ON THE COMPANY</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev&#8217;s principal executive
offices are located at Rua Dr. Renato Paes de Barros, 1017, 3rd floor, 04530<span style="font-family: MS Mincho">&#45;</span>001,
S&#227;o Paulo, SP, Brazil, and its telephone number and email are: +55 (11) 2122-1414 and ri@ambev.com.br.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;History
and Development of the Company</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Overview</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are the successor of Brahma
and Antarctica, two of the oldest brewers in Brazil. Antarctica was founded in 1885. Brahma was founded in 1888 as Villiger &amp; Cia.
The <i>Brahma</i> brand was registered on September 6, 1888, and in 1904 Villiger &amp; Cia. changed its name to Companhia Cervejaria
Brahma. However, the legal entity that has become Ambev S.A., the current NYSE- and B3-listed company, was incorporated on July 8, 2005
as a non-reporting Brazilian corporation under the Brazilian Corporation Law and is the successor of Old Ambev. Until the stock swap merger
of Old Ambev with Ambev S.A. approved in July 2013 (see &#8220;&#8212;Stock Swap Merger of Old Ambev with Ambev S.A.&#8221;), Ambev S.A.
did not conduct any operating activities and had served as a vehicle for ABI to hold a 0.5% interest in Old Ambev&#8217;s capital stock.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the mid-1990s, Brahma
started its international expansion into Latin America, and since then we have been buying assets in different parts of the continent
including the South America, Central America and the Caribbean.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the late 1990s, Brahma
obtained the exclusive rights to produce, sell and distribute Pepsi CSD products throughout Brazil, and since then we have been distributing
these products throughout that country. In addition, certain of our subsidiaries have franchise agreements for Pepsi products in Argentina,
Bolivia, Uruguay, Panama and the Dominican Republic. See &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;Licenses&#8212;Pepsi.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the early 2000s, we acquired
a 40.5% economic interest in Quinsa and the joint control of that entity, which we shared temporarily with Beverages Associates (BAC)
Corp., or BAC, the former sole controlling shareholder of Quinsa. This transaction provided us with a leading presence in the beer markets
of Argentina, Bolivia, Paraguay and Uruguay, and also set forth the terms for our future acquisition of Quinsa&#8217;s full control from
BAC. In April 2006, we increased our equity interest in Quinsa to 91% of its total share capital, after which we started to fully consolidate
Quinsa upon the closing of that transaction in August 2006.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In August 2004, we and a
Belgian brewer called Interbrew S.A./N.V. (as ABI was then called) completed a business combination that involved the merger of an indirect
holding company of Labatt, one of the leading brewers in Canada, into us. At the same time, our controlling shareholder completed the
contribution of all shares of an indirect holding company which owned a controlling stake in us to Interbrew S.A./N.V. in exchange for
newly issued shares of Interbrew S.A./N.V. After this transaction, Interbrew S.A./N.V. changed its company name to InBev S.A./N.V. (and,
since 2008, to Anheuser-Busch InBev S.A./N.V.) and became our majority shareholder through subsidiaries and holding companies. (see &#8220;&#8212;The
InBev-Ambev Transactions&#8221;).</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">The InBev-Ambev
Transactions</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The &#8220;InBev-Ambev transactions&#8221;
consisted of two transactions negotiated simultaneously: (1) in the first transaction, BRC exchanged its Old Ambev shares for shares in
Interbrew N.V./S.A. (as ABI was then called); and (2) in the second transaction, Old Ambev issued new shares to Interbrew N.V./S.A. in
exchange for Interbrew&#8217;s 100% stake in Labatt.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Exchange of
Shares Between BRC and the Interbrew Founding Families</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In March 2004, various entities
controlled by BRC entered into a contribution and subscription agreement with Interbrew N.V./S.A. (as ABI was then called) and various
entities representing the interests of the Interbrew Founding Families to exchange
their controlling interest in Old Ambev for newly issued voting shares of Interbrew N.V./S.A., which represented 24.7% of Interbrew N.V./S.A.&#8217;s
voting shares.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Upon closing of this transaction
in August 2004, (1) BRC received approximately 44% of the voting interest in Stichting, which thereupon owned approximately 56% of Interbrew
N.V./S.A.&#8217;s common shares, and (2) Interbrew N.V./S.A. received approximately a 53% voting interest and a 22% economic interest
in Old Ambev. Such voting interest was subject to our shareholders&#8217; agreement at the time, as amended in connection with the InBev-Ambev
transactions. In addition, Interbrew N.V./S.A. changed its legal name to InBev N.V./S.A. (and, since its acquisition of Anheuser-Busch,
Inc. in the U.S. in 2008, to Anheuser Busch-InBev N.V./S.A.).</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Acquisition
of Labatt</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the <i>Incorpora&#231;&#227;o</i>
agreement dated March 3, 2004, Labatt Brewing Canada Holding Ltd., or Mergeco, was merged into Old Ambev by means of an upstream merger
under the Brazilian Corporation Law, or the <i>Incorpora&#231;&#227;o</i>. Mergeco held 99.9% of the capital stock of Labatt Holding
ApS, or Labatt ApS, a corporation organized under the laws of Denmark, and Labatt ApS owned all the capital stock of Labatt. Upon completion
of the <i>Incorpora&#231;&#227;o</i>, Old Ambev held 99.9% of the capital stock of Labatt ApS, and, indirectly, of Labatt. As consideration
for the acquisition of Labatt, Old Ambev issued common and preferred shares to Interbrew N.V./S.A. (as ABI was then called).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">With the consummation of
this transaction in August 2004, (1) Labatt became a wholly-owned subsidiary of Old Ambev, and (2) Interbrew N.V./S.A. (as ABI was then
called) increased its stake in Old Ambev to approximately 68% of common shares and 34% of preferred shares.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Ownership Structure
of InBev N.V./S.A. and Old Ambev Upon Consummation of the InBev-Ambev Transactions</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">InBev N.V./S.A.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Upon closing the InBev-Ambev
transactions, 56% of InBev N.V./S.A.&#8217;s voting shares were owned by Stichting, 1% was jointly owned by Fonds Voorzitter Verhelst
SPRL and Fonds InBev-Baillet Latour SPRL, 17% were owned directly by entities and individuals associated with the Interbrew Founding Families
and the remaining 26% constituted the public float.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">BRC became the holder of
44% of Stichting&#8217;s voting interests, while the Interbrew Founding Families held the remaining 56% of Stichting&#8217;s voting interests.
In addition, BRC and entities representing the interests of the Interbrew Founding Families entered into a shareholders&#8217; agreement,
providing for, among other things, joint and equal influence over the exercise of the Stichting voting rights in InBev N.V./S.A. (as ABI
was then called).</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Old Ambev</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Upon closing of the InBev-Ambev
transactions, InBev N.V./S.A. (as ABI was then called) became the owner of approximately 68% of Old Ambev&#8217;s voting shares, FAHZ
retained approximately 16% of such shares, and the remaining shares were held by the public.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Mandatory Tender
Offer</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, InBev N.V./S.A. (as ABI was then called) was required to conduct, following the consummation of the InBev-Ambev transactions,
a mandatory tender offer, or the MTO, for all remaining outstanding common shares of Old Ambev. The MTO was completed in March 2005, and
InBev N.V./S.A. (as ABI was then called) increased its stake in Old Ambev to approximately an 81% voting interest and a 56% economic interest
in that company. FAHZ did not tender its Old Ambev shares in the MTO.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Stock Swap Merger
of Old Ambev with Ambev S.A.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On July 30, 2013, the minority
shareholders of Old Ambev approved a stock swap merger of Old Ambev with us, according to which each and every issued and outstanding
common and preferred share of Old Ambev not held by Ambev S.A. (including in
the form of ADSs) was exchanged for five newly issued common shares of Ambev S.A. (including in the form of ADSs). As a result of the
stock swap merger, Old Ambev became a wholly-owned subsidiary of Ambev S.A., which continued the same operations of Old Ambev. The ratio
adopted for the stock swap merger did not result in any ownership dilution in the equity interest held in us by our minority shareholders,
including our former non-voting preferred shareholders, who were granted a separate class vote on the transaction without the interference
of our controlling shareholder.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The stock swap merger combined
our former dual-class capital structure, comprised of voting common shares and non-voting preferred shares, into a new, single-class capital
structure, comprised exclusively of voting common shares. The purpose of this transaction was to simplify our corporate structure and
improve our corporate governance, with a view to increasing liquidity for all shareholders, eliminating certain administrative, financial
and other costs and providing more flexibility for the management of our capital structure. As a result of the stock swap merger, all
shareholders of Old Ambev, including former holders of that company&#8217;s non-voting preferred shares, gained access to the same rights
and privileges enjoyed by Old Ambev&#8217;s common shareholders, including full voting rights and the right to be included in a change-of-control
tender offer under the Brazilian Corporation Law that ensures that holders of common stock are offered 80% of the price per share paid
to a selling controlling shareholder in a change-of-control transaction.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Upstream Merger
of Old Ambev with and into Ambev S.A.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In January 2014, and as a
subsequent step of the stock swap merger, an upstream merger of Old Ambev and one of its majority-owned subsidiaries with and into Ambev
S.A. was consummated. This upstream merger had no impact on the shareholdings that our shareholders held in us. As a result of this upstream
merger, our corporate structure was simplified.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Recent Acquisitions,
Divestments and Strategic Alliances</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On January 22, 2020, our
subsidiary Labatt acquired Goodridge &amp; Williams distillery known for spirits and canned cocktails. The acquisition includes the craft
distiller&#8217;s ready-to-drink brands along with an innovative range of sugar-free, low calorie N&#220;TRL products as we look to further
expand our ready-to-drink offerings in the Canadian market.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On February 18, 2020, our
subsidiary Cervecer&#237;a y Malter&#237;a Quilmes acquired Dante Robino, an Argentine winery located in Mendoza, with almost 100
years of history. The acquisition puts itself as an opportunity to complement the beer portfolio and learn about a new segment that has
grown consistently in Argentina over the years and has a significant market share in the country.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The long-term agreement with
PepsiCo, under which the Cervecer&#237;a Boliviana Nacional, subsidiary of the Company in Bolivia, has the exclusive right to produce,
sell and distribute certain brands on PepsiCo&#8217;s portfolio in Bolivia, was amended in June 1<sup>st</sup>, 2020, extending the agreement
for 10 more years and reflecting certain changes in the commercial agreement between the parties.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On August 16, 2020, Cervecer&#237;a
Chile S.A., a Chilean subsidiary of the Company, entered into a long-term distribution agreement with Embotelladora Andina S.A., Coca-Cola
Embonor S.A. and Embotelladora Iquique S.A. (the &#8220;Distributors&#8221;), by which the Distributors were granted the right to sell
and distribute certain products within the Company&#8217;s portfolio, with exclusivity in specific zones and sales channels in Chile.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Business
Overview</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Description of
Our Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are the largest brewer
in Latin America in terms of sales volumes and one of the largest beer producers in the world, according to our estimates. We currently
produce, distribute and sell beer, CSDs, other alcoholic beverages and non-alcoholic and non-carbonated products in 18 countries across
the Americas.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Effective January&#160;1,&#160;2019,
we reorganized our regional reporting structure. We no longer report the Latin America North business segment (LAN) and, from now on,
we are reporting the Brazil, Central America and the Caribbean business segments separately.
On December 31, 2022, we conducted our operations through four business segments, as follows:</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Brazil</b>, which includes the beer sales division and the NAB sales division;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Central America and the Caribbean</b>, or CAC, which includes our direct operations in the Dominican
Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador, Honduras and Nicaragua), Barbados and Panama;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; color: windowtext">&#183;</span></td><td style="text-align: justify"><span style="color: windowtext"><b>Latin America South</b>, </span>or LAS, <span style="color: windowtext">which
includes our operations in Argentina, Bolivia, Paraguay, Uruguay and Chile; and</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Canada</b>, represented by Labatt&#8217;s operations, which includes domestic sales in Canada and some
exports to the U.S. market.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following map illustrates
our four business segments as of December 31, 2022:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><img src="abevform20f2022_001.jpg" alt="" /></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">An analysis of our consolidated
net sales by business segment for the periods indicated is presented in the table below:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="6" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Net Sales (<i>in
    R$ million</i>)<br />
    Year Ended December&#160;31,</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 28%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales</b></p></td>
    <td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales</b></p></td>
    <td style="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales</b></p></td>
    <td style="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Brazil</b>&#9;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>35,857.8</b></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>53.5%</b></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>35,586.5</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>48.8%</b></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>30,196.5</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>51.7%</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 27pt; text-align: left">Beer Brazil&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">35,857.9</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">45.0%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">30,537.1</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">41.9%</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">25,953.0</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">44.5<b>%</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 27pt; text-align: left">NAB&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6,777.9</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">8.5%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">5,049.4</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6.9%</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">4,243.5</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">7.3<b>%</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>CAC</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>9,440.1</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>11.8%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>9,947.4</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>13.7%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>7,319.3</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>12.5%</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Latin America South</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>17,371.2</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>21.8%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>16,571.7</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>22.7%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>11,560.8</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>19.8%</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Canada</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>10,261.7</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>12.9%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>10,748.7</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>14.8%</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>9,302.4</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>15.9%</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Total</b>&#9;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>79,708.8</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>72,854.3</b></p></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>58,379.0</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">An analysis of our sales
volume by business segment for the periods indicated is presented in the table below:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="6" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales Volumes (&#8216;<i>000
    hl</i>)<br />
    Year Ended December&#160;31,</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 28%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Volume</b></p></td>
    <td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Volume</b></p></td>
    <td style="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Volume</b></p></td>
    <td style="width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Brazil</b>&#9;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>126,184.4</b></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>67.9%</b></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>119,530.6</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>66.3%</b></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>111,285.4</b></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>67.1%</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 27pt; text-align: left">Beer Brazil&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">94,042.6</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">50.6%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">90,835.0</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">50.4%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">84,791.7</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">51.1<b>%</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 27pt; text-align: left">NAB&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">32,141.8</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">17.3%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">28,695.5</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">15.9%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">26,493.7</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">16.0<b>%</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>CAC</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>11,786.3</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>6.3%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>13,401.9</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>7.4%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>11,451.2</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>6.9%</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Latin America South</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>38,134.0</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>20.5%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>37,511.6</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>20.8%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>33,062.4</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>19.9%</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Canada</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: right"><b>9,645.0</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>5.2%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>9,924.1</b></p></td>
    <td style="text-align: right; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>5.5%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>9,998.9</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>6.0%</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Total</b>&#9;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>185,749.7</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>180,368.2</b></p></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>165,797.9</b></p></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td></tr>
  </table>
<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Business Strategy</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We aim to continuously create
value for our stockholders. The main components of our business strategy are:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">our people and culture;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">our strategic pillars;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">quality of our products;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">sustainability;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">permanent cost efficiency; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">financial discipline.</td></tr></table>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Our People
and Culture</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We
dream big to create a future with more cheers. We are always looking to serve up new ways to meet life&#8217;s moments, dream big to
move our industry forward, and make a meaningful impact in the world. That&#8217;s why our people are the backbone of our company, and
the main source to create and share superior value for our community and ecosystem. We build high performance and engaged teams powered
by a diverse, inclusive and healthy workplace, to lead change and transform our business aiming at our long-term success. We carefully
manage our hiring and training process with a view to develop capabilities and match great people with their roles to increase the pipeline
for the future. We live and breathe our culture in a daily basis due to keep evolving our company and retaining our professionals. In
addition, we believe that through our compensation program, which is based both on variable pay and stock ownership, we have created
financial incentives for high performance results. Another core element of our culture is our distinguished managerial capability, which
is characterized by (1) an intense work ethos that do not take shortcuts, (2) evaluations focused in long term view, collaboration and
active listening, (3) the encouragement of our leaders to act as owners (4) sharable practices to create better solutions through simplicity
and (5) incentives to grow together with our customers and community.</span></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Strategic Pillars</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We focus our efforts behind
the following strategic pillars to lead and grow the category, digitize and monetize our ecosystem, as well as optimize our business:</p>

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<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Brands for each and everyone</i>: Building brands that are recognized by our clients and consumers.
We want our brands to be connected with consumers, and our products to the consumed in important moments of their lives.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Thirst to lead the future: </i>Expanding our beverages and assortment, going beyond the beer category
and including expansion into categories such as RTDs, canned cocktails and seltzers.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>A toast to our clients&#8217; success</i>: Improving service level and leveraging technology to solve
business customers&#8217; issues that allow them to grow their business in partnership with us.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Experiences that come to you: </i>Keeping the consumer at the center of our decision-making process.
Through innovation and technology, we want to connect with and bring what we believe to be the best experiences and convenience to our
consumers.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.25in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>Together for a Better World: </i>Generating a positive impact in the world and grow together with our
ecosystem, which goes from our farmers to our consumers.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We brew a wide variety of
beers, including ales, lagers, clear, dark and full-bodied beers, amongst others, offering consumers a unique set of high-quality
beers designed to satisfy different needs and tastes across different occasions. We also produce a number of non-alcoholic products, such
as soft drinks, energy drinks and juices. The quality of our products is at the forefront of our priorities. We have strict processes,
with more than 1,300 controls and more than 370 tests across our production lines, as we aim to provide to our consumers products matching
the highest possible standards. Our R&amp;D team is also constantly working to enhance our production process and the quality of our products.
</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Sustainability</p>



<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0 0.25in; text-align: justify; text-indent: 0in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Brewing quality beer starts
with the search for the best ingredients. This requires a healthy, natural environment, as well as thriving communities. Therefore, we
are pursuing to achieving five Sustainability Goals by 2025:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 15pt; text-align: left">(i)</td><td style="width: 5pt"></td><td style="text-align: justify">empowering farmers: 100% of our direct farmers suppliers will be skilled, connected, and financially
self-sufficient as they will have access to an approved variety of inputs, crop protocol for that variety and two technical visits during
the crop year, in addition to access to <i>Agroportal</i>, Ambev digital platform;</td>
</tr></table>

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<td style="width: 15pt; text-align: left">(ii)</td><td style="width: 5pt"></td><td style="text-align: justify">securing water access: 100% of our communities in high-stress areas will have measurably
improved water availability and quality;</td>
</tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 15pt; text-align: left">(iii)</td><td style="width: 5pt"></td><td style="text-align: justify">driving sustainable packaging: 100% of our product will be in packaging reusable
or made from majority recycled content;</td>
</tr></table>

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<td style="width: 15pt; text-align: left">(iv)</td><td style="width: 5pt"></td><td style="text-align: justify">championing low carbon technology: 100% of our purchased electricity will be from renewable
sources and we will have a 25% reduction in CO2 emissions across our value chain; and</td>
</tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify">
<td style="width: 15pt; text-align: left">(v)</td><td style="width: 5pt"></td><td style="text-align: justify">entrepreneurship: 100%
of our entrepreneurs will be skilled with the necessary tools to evolve through the <i>Compra Local</i> initiative (Local Purchase).
We direct our action to suppliers in communities that are closer to our operations (up to 80 km), helping them to develop in a sustainable
way and to assist the development of the business, as we share with our customers knowledge and tools that are available on the portals:</td>
</tr></table>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below shows the
status as of December 31, 2022 of the main key performance indicators related to our sustainability goals for 2025:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 5%; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-top: Black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 1%; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: white 1pt solid; white-space: nowrap; width: 27%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&#160;</td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>BRAZIL</b></span></td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>LAS</b></span></td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>CAC</b></span></td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>CANADA</b></span></td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; width: 10%; background-color: #F2F2F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>AMBEV</b></span></td>
    <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Goal<br />
2025</b></span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 7%; background-color: #F2F2F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Status<br />
2022</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td rowspan="2" style="border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>WATER<br />
Steward.</b></span></td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: Black 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Watersheds &amp; Forests</b><br />
(High risk sites in implementation phase as per 7-Step charter)<sup>(1)</sup></span></td>
    <td style="border-bottom: Black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-bottom: Black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">75%</span></td>
    <td style="border-bottom: Black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>92%</b></span></td>
    <td style="border-bottom: Black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>On Track</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>AMA</b></p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">(Number of people benefitted)</p></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">630,000</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>630,000</b></span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">1,000,000</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  <tr style="background-color: White">
    <td rowspan="3" style="border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>CLIMATE</b></p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>ACTION</b></p></td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Renewable energy</b><br />
(% of total electric energy contracted)</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">92%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">40.6%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>97%</b></span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100.0%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>GHG emission &#8211; Intensity (kg CO2e/Hl)</b><br />
(% reduction of CO2 emissions versus baseline (2017); Scope 1, 2 and 3)</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">12.4%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">31%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">60.7%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">9.9%</span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>17.4%</b></span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">25.0%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>GHG emission &#8211; Intensity (kg CO2e/Hl)</b><br />
(% reduction of CO2 emissions versus baseline (2017); Scope 1 and 2 &#8211; Owned Operations)</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">59%</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">29%</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">66%</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">26.8%</span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>48.3%</b></span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td rowspan="4" style="border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>CIRCULAR<br />
PACKAGING</b></span></td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Glass</b><br />
(% of glass used that was recycled)</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">49.6%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">44.4%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">54.7%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">38.5%</span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>47.8%</b></span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">&#8805; 50.1%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>On
Track</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Aluminum</b><br />
(% of aluminum used that was recycled)</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">76.4%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">75.9%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">64.2%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">68.3%</span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>75.2%</b></span></td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">&#8805; 50.1%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: black 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Plastic (PET)</b><br />
(% of plastic used that was recycled)</span></td>
    <td style="border-bottom: black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">40.8%</span></td>
    <td style="border-bottom: black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">10.5%</span></td>
    <td style="border-bottom: black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">18.3%</span></td>
    <td style="border-bottom: black 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: black 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>32%</b></span></td>
    <td style="border-bottom: black 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">&#8805; 50.1%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: black 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Worse</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Plastic Commitment</b></span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">54.9%</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>54.9%</b></span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>On
Track</b></span></td></tr>
  <tr style="background-color: White">
    <td rowspan="3" style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>SUSTAINABLE AGRICULTURE</b></span></td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Skilled producers</b><sup>(2)</sup></span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">82%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>89%</b></span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: #595959 1pt dotted; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Connected producers</b><sup>(3)</sup></span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">87%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>92%</b></span></td>
    <td style="border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: #595959 1pt dotted; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify"><span style="font-size: 8pt"><b>Financially empowered producers</b><sup>(4)</sup></span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">90%</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>94%</b></span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">100%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt"><b>Better</b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.5in">(1)</td><td style="text-align: justify">7-Step Charter consists of: (i) engagement; (ii) problem identification/prioritization; (iii) solutions
agreed; (iv) plan implementation; (v) governance; (vi) communication; and (vii) monitoring.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.5in">(2)</td><td style="text-align: justify">Producer must have (i) access to a varieties of crops approved by Ambev for production, (ii) technical
protocol for production, and (iii) at least two technical visits during the culture cycle.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.5in">(3)</td><td style="text-align: justify">Producer must be registered in SmartBarley platform or another similar platform (e.g. ManejeBem, etc.).</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.5in">(4)</td><td style="text-align: justify">Producer has access to the tools to reduce production risks (e.g. agricultural insurance, specific financing,
etc.).</td></tr></table>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Permanent Cost
Efficiency</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost control is one of the
top priorities of our employees. Each of our departments must comply with its respective annual budget for fixed and variable costs. As
a means of avoiding unnecessary expenses, we have designed a management control system inspired on &#8220;zero-base budgeting&#8221; concepts
that requires every manager to build from scratch an annual budget for his/her respective department.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Financial Discipline</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our focus is not only on
volumes and operating performance, but also on the disciplined management of our working capital and our cash flow generation. Our objective
is to maximize the return to our shareholders through a combination of payments of dividends and interest on shareholders&#8217; equity,
while at the same time keeping our investment plans and
holding an adequate level of liquidity to accommodate the seasonality of our business and cope with often volatile and uncertain financial
market conditions.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Z&#233; Delivery, TaDa and BEES</i></p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">In order to increase
convenience to our consumers, we developed solutions to deliver on demand cold beverages at reasonable prices directly to consumers. Our
solutions solve several pain points identified in the consumers&#8217; buying journey: (i) late hours availability, (ii) fast service
that is time saving for consumers, (iii) reasonable prices, and (iv) cold products ready to be consumed.</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 6pt; background-color: white"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">In Brazil, our direct-to-consumer platform Z&#233; Delivery continued
to grow in 2022, being now present in more than 380 cities across all 27 Brazilian states and reaching more than 55% of the country&#8217;s
entire population. Z&#233; Delivery delivered more than 62 million orders in 2022 and had almost 5 million monthly active users as of
December 31, 2022.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 6pt; background-color: white"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">In
LAS, <i>Ta Da</i> in Argentina, which resulted from the merger of <i>App Bar</i> with other Direct-to-Consumer platforms named <i>Siempre
en Casa</i> and <i>Craft Society</i>, continued to grow in 2022. The platform is present in 13 cities, with the number of orders growing
by 15% versus 2021, and monthly active users increasing by 14% year over year. In Paraguay, <i>Ta Da</i> is present in 24 cities, with
both number of orders and monthly active users triplicating versus 2021.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 6pt; background-color: white"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">In
                                            CAC, <i>Ta Da</i> in Dominican Republic continued to expand in 2022, , with the number of
                                            orders growing by 98% versus 2021, and monthly active users more than doubling year over
                                            year.</span></td></tr></table>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; text-indent: 0.5in">Our B2B route-to-market
&amp; marketplace platform, BEES, centralizes different solutions in one 24/7 platform, creating a constant and customized touchpoint
with our customers, and improving overall service level by: (i) providing products suggestions based on customers&#8217; profile and
product relevance, (ii) enhancing order tracking and real time support through the app, (iii) allowing our business development representatives
to be focused on helping customers improve their sales performance (<i>sell out</i>), and (iv) increasing our total interaction time with
our customers, directly connecting to our innovation strategy and increased portfolio complexity. On BEES marketplace, our customers can
also buy non-Ambev products of different categories, enjoying the convenience provided by our platform.</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 6pt; background-color: white"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">In Brazil, we continued to roll-out BEES and currently have more than 88%
of our active buyers purchasing through the platform. As part of our full digital strategy plan, nearly 75% of our clients currently purchase
exclusively through BEES. The platform helped us reach an all-time high number of clients, adding more than 200 thousand new clients to
our client base in 2022. In the BEES marketplace, we currently offer over 550 Stock Keeping Units (&#8220;SKUs&#8221;) across different
categories, such as groceries, non-alcoholic beverages, and hard liquors. The number of customers buying in the marketplace corresponded
to 74% of BEES&#8217; customers on December 31, 2022.</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 12pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 6pt; margin-bottom: 6pt; background-color: white"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">In LAS, our digital transformation journey is also evolving with the roll-out
of BEES. In Argentina, more than 65% of B2B buyers are purchasing through BEES, and over 75% of the country&#8217;s net revenue comes from the platform. The number of customers buying in the marketplace corresponded to over 40% of BEES&#8217; customers on December
31, 2022. In Paraguay, 80% of B2B direct and indirect sales are made through BEES, with fully digital buyers accounting for 89% of the
total number of customers.</span></td></tr></table>

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<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 10pt">In CAC, Dominican Republic continues to lead the expansion of the BEES platform,
actively sharing know-how and best practices with other operations. The country has already reached the status of a full digital operation,
with 99% of B2B buyers already purchasing through the platform, and over 90% of the country&#8217;s net revenue coming from BEES. We are
also exploring BEES marketplace in the country with 13 different categories and 130 SKUs available for customers.
In Panama, we have also continued with the roll-out of BEES which has reached over 90% of the country&#8217;s net revenue coming from
the platform.</span></td></tr></table>


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<p style="font: 12pt/115% Times New Roman, Times, Serif; margin: 6pt 0 6pt 0.75in; text-align: justify; background-color: white"></p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 6pt 0; text-align: justify; background-color: white"><b><i>Seasonality</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales of beverages in our
markets are seasonal. Generally, sales are stronger during the summer and major holidays. Therefore, in the Southern Hemisphere (Brazil,
Central America and the Caribbean and Latin America South) volumes are usually stronger in the fourth calendar quarter due to early summer
and year-end festivities. In Canada, volumes are stronger in the second and third calendar quarters due to the summer season. This is
demonstrated by the table below, which shows our volumes by quarter and business segment:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="4" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022 Quarterly
    Volumes<br />
    (<i>a<sup>s </sup>a percenta<sup>ge</sup> of annual <sup>v</sup>olumes</i>)</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="width: 17%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>1st&#160;Quarter</b></p></td>
    <td style="width: 17%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2nd&#160;Quarter</b></p></td>
    <td style="width: 17%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>3rd&#160;Quarter</b></p></td>
    <td style="width: 17%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>4th&#160;Quarter</b></p></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Brazil</b>&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">23.4%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">23.4%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">24.9%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">28.2%</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 27pt; text-align: left">Beer Brazil&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">23.4%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">23.3%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">25.0%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">28.3%</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 27pt; text-align: left">NAB&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">23.6%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">23.5%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">24.9%</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">28.1%</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>CAC</b>&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>24.5%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>25.8%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>23.3%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>26.4%</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Latin America South</b>&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>28.3%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>18.2%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>24.1%</b></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>29.4%</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Canada</b>&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>18.7%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>28.8%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>29.7%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>22.8%</b></p></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Total</b>&#9;</td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>24.3%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>22.7%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>24.9%</b></p></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 1.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>28.1%</b></p></td></tr>
  </table>
<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Description of
the Markets Where We Operate</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Brazil</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Brazil Beer</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Brazilian Beer Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Brazil, the two main packaging
presentations are standardized, returnable glass bottles largely present in the 300-milliliter and 600-milliliter formats, sold in bars
for on-premise consumption, as well as in supermarkets for off-premise consumption, and 350-milliliter one-way aluminum cans, which are
predominantly sold in supermarkets for off-premise consumption.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
in 2022 we were the market leader of the Brazilian market in terms of beer sales volumes, mainly through our three major families of brands:
<i>Skol</i>, <i>Brahma</i> and <i>Antarctica</i>. Our closest competitors in Brazil are Heineken, particularly following its May 2017
acquisition of Brasil Kirin operations, and Cervejaria Petr&#243;polis.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Distribution represents an important feature in this market, as the retail
channel is fragmented into approximately one million points of sale. Our distribution is structured under two separate branches, comprising
(1)&#160;our network of exclusive third-party distributors, involving 146 operations, and (2) our proprietary direct distribution system,
involving 106 distribution centers located across most Brazilian regions. We have been focusing on direct distribution in large urban
regions, while strengthening our third-party distribution system. See &#8220; &#8212;Business Overview&#8212;Business Strategy.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Future Beverages</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Some of our products stretch
beyond typical beer consumption occasions, such as the <i>Beats </i>family of beverages and Mike&#8217;s, which are designed for new occasions
and consumer groups in which beer is not present, Brahma 0.0%, a non-alcoholic beer, which, according to our estimates, is the leader
in the Brazilian non-alcoholic beer segment, and Budweiser Zero, one of our most recent launches. Our Nutrl portfolio and Mike&#8217;s
in Canada and Dante Robino wines in Argentina add to our wide portfolio of future beverages, a market that we have been assessing in different
regions and countries.</p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Brazil NAB</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Brazilian NAB Markets</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The NAB markets in Brazil
are comprised of many different segments, including CSD, bottled water, isotonic beverages, energy drinks, coconut water, powdered and
natural juices and ready-to-drink teas. The CSD segment is the most significant to our business representing approximately 94% of the
volumes of our NAB unit. According to our estimates, the leading CSD flavors in Brazil are (1) cola (with 54.7% of the market in 2022),
(2) <i>guaran&#225;</i>, (3) orange, and (4) lime. Most CSDs in Brazil are sold in supermarkets in two-liter and one-liter non-returnable
PET bottles for in-home consumption. The 350-milliliter one-way aluminum can is also an important packaging format for our business and
is mainly sold in off-trade (e.g. supermarkets) and on-trade (e.g. bars and restaurants) channels.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our main competitor in this
market is The Coca-Cola Company. In addition to The Coca-Cola Company, we face competition from small regional bottlers that produce what
are usually referred to as &#8220;B Brands.&#8221; The B Brands compete mainly on price, usually being sold at a significantly lower price
than our products.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our main CSD brands are <i>Guaran&#225;
Antarctica</i>, the leader in the &#8220;non-cola&#8221; flavor segment, and <i>Pepsi Cola</i>. <i>Pepsi Cola</i> is sold under our exclusive
production and bottling agreements with PepsiCo. Our NAB portfolio also includes brands such as <i>Gatorade</i> in the isotonic market,
<i>H2OH!</i> in the non-sugar CSD market, and <i>Lipton Iced Tea</i> in the ready-to-drink tea market, which are also sold under license
from PepsiCo, and, in the energy drink segment, Fusion, a proprietary brand, and Red Bull, which is sold under an exclusive distribution
agreement (see &#8220;&#8212;Licenses&#8212;Red Bull&#8221;). Since 2016, when we acquired the Brazilian juice company &#8220;Do Bem&#8221;,
the brand has been integrated to our portfolio, improving our value proposition in health and wellness categories. In 2022, Pepsi Black
was responsible for increasing our presence in the diet/light/zero segment, and we have continued to invest in lowering the sugar content
in our portfolio, as well as offering different pack sizes for specific consumption occasions, such as the <i>Fusion </i>500-milliliter
PET for the gaming community.</p>



<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">CAC (Central
America and the Caribbean)</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Central America</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">In Guatemala, the main
packaging presentations are the 12-ounce and the 16-ounce cans. Our main competitor in Guatemala is Cerveceria Centro Americana, the market
leader, which is a private company owned by local investors. According to our estimates, the total annual sales volume of the Guatemalan
beer market was 5.6 million hectoliters in 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In El Salvador, Honduras
and Nicaragua, we are currently selling imported brands, and our main packaging presentation is the returnable one-liter glass bottle.
Specifically in Nicaragua, our main competitor is Compa&#241;&#237;a Cervecera de Nicaragua, the market leader, which is a joint venture
between Guatemala&#8217;s Cerveceria Centro Americana and Florida Ice &amp; Farm Co, an investor group from Costa Rica.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In all of these markets,
beer is predominantly sold in returnable bottles through small retailers. We sell our <i>Brahva</i>, <i>Budweiser</i>, <i>Bud Light</i>,
<i>Stella Artois</i>, <i>Corona</i>, <i>Modelo Especial</i>, <i>Beck</i>, <i>Leffe</i> and <i>Hoegaarden</i> beer brands in Central America,
which are distributed through the CBC distribution system, jointly with CBC&#8217;s CSD portfolio.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In May 2016, we entered into
an agreement with ABI pursuant to which we agreed to transfer to ABI our businesses in Colombia, Peru and Ecuador. In exchange, ABI has
agreed to transfer SAB&#8217;s Panamanian business to us. We formally began operations in Panama on December 31, 2016. According to our estimates,
we currently lead the beer market in Panama. The main packaging presentations are 285-milliliter bottles and 355-milliliter cans and our
main beer brands in Panama are <i>Atlas Golden Light</i> and <i>Balboa Ice</i>. The main competitor in the Panamanian beer market is Baru.
According to our estimates, the total annual sales volume of the Panamanian beer market was 3.7 million hectoliters in 2022. Our Panamanian
business also produces and commercializes soft drinks, under franchise,
being <i>Pepsi</i>, <i>Canada Dry</i> and <i>Squirt</i> the main brands distributed. In Panama, the annual sales volume of the CSD market
was 1.3 million hectoliters in 2022.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In May 2018, our Board of
Directors approved the distribution, sale and marketing of the brand <i>Budweiser </i>in Panama, which has helped on the strategy of growing
the market segment of beers priced higher than the core segment.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Caribbean Beer Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Cuba, our main packaging
presentation is the 12-ounce can. Our main competitor in Cuba is State Brewery. We currently sell the <i>Bucanero</i>, <i>Cristal</i>
and <i>Mayabe</i> local beer brands in Cuba. According to our estimates, the total annual sales volume of the Cuban beer market was approximately
1.9 million hectoliters in 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the Dominican Republic,
the annual sales volume of the beer market was 4.7 million hectoliters in 2022, according to our estimates. The main packaging presentation
in the Dominican beer market consists of the returnable 650-milliliter and 1-liter glass bottles, which are predominantly sold in small
retail stores. We currently lead the beer market in the Dominican Republic after our acquisition of CND, with a leading portfolio of brands
such as <i>Presidente</i>, <i>Presidente Light, Brahma Light</i>, <i>Bohemia</i>, <i>The One</i>, <i>Corona</i>, <i>Modelo Especial</i>,
<i>Stella Artois</i> and <i>Budweiser</i>. Our distribution system in the Dominican Republic is comprised mainly of direct distribution
operations.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Barbados, the annual sales volume of the beer market was 0.1 million
hectoliters in 2022, according to our estimates. We are the market leader in terms of sales volume according to our estimates, with brands
such as <i>Banks</i> and <i>Deputy</i>, which are produced locally by BHL. The main packaging presentation in Barbados is the 250-milliliter
and 275-milliliter returnable glass bottles.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Caribbean CSD Market</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates, the annual sales volume of the Dominican CSD
market was 4.4 million hectoliters in 2022. The main packaging presentation in the Dominican CSD market is the returnable half-liter bottle,
in either glass or PET format, which is predominantly sold in small retail stores. Ajegroup, which adopts a low-price strategy has the
leadership of the Dominican CSD Market, followed by The Coca-Cola Company, represented by Bepensa. We are currently the third player in
that market in terms of sales volume according to our estimates.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0.5in"><span style="font-style: normal; font-weight: normal">Our
main CSD brands in the Dominican Republic are </span><span style="font-weight: normal">Red Rock<span style="font-style: normal">, </span>Pepsi-Cola
<span style="font-style: normal">and </span>Seven Up<span style="font-style: normal">, all of which are marketed under an exclusive bottling
agreement with PepsiCo. Our distribution system in the Dominican Republic is comprised of direct distribution operations and third-party
distributors.</span></span></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Latin America
South</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Argentina</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Argentina is one of our most
important regions, second only to Brazil in terms of volume.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We serve more than 300 thousand
points of sale throughout Argentina both directly and through our exclusive third-party distributors.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Argentine Beer Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
the annual sales volume of the Argentine beer market was 22.7 million hectoliters in 2022. With a population of approximately 46 million,
Argentina is Latin America South&#8217;s largest and most important beer market.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Argentina, 37% of our
beer volume is distributed directly by us and 63% is distributed through exclusive third-party distributors. Our main package presentation
in Argentina is the 1-liter returnable glass bottles, which accounted for 54% of our sales in 2022.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimate,
the on-premises consumption represented 7.9% of beer volumes in Argentina in 2022, and supermarkets sales represented 15.4% of beer volumes.
The main channels of volume consumption in Argentina are through kiosks and small grocery stores.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our most important beer brands
in Argentina are <i>Brahma, Quilmes Cl&#225;sica</i> and <i>Budweiser</i>. According to Scentia, we are the leading beer producers in
Argentina, and our main competitor in Argentina is Compa&#241;&#237;a Cervecer&#237;as Unidas S.A.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b><i>The Argentine CSD Market</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
in 2022, annual sales volume of the Argentine CSD market was 45.2 million hectoliters. In Argentina, 49% of our CSD volume is distributed
directly by us and 51% is distributed through exclusive third-party distributors. Non-returnable bottles represented 80% of our CSD sales
in Argentina in 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are the exclusive Pepsi
bottlers in Argentina and our most important CSD brands in that country are <i>Pepsi-Cola </i>and <i>Seven-Up</i>. According to Scentia,
we are the second player in the Argentine CSD market in 2022, only after The Coca-Cola Company.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Bolivia</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Bolivian Beer Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
the annual sales volume of the Bolivian beer market was 4.0 million hectoliters in 2022. The Bolivian market is strongly influenced by
macroeconomic trends and governmental regulatory and fiscal policies.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Bolivia, 49% of our beer
volumes is directly distributed by us and 51% is distributed through exclusive third-party distributors. Our main package presentation
in Bolivia is the 620-milliliter returnable glass bottle, which accounted for 43% of our sales in 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our most important beer brands
in Bolivia are <i>Pace&#241;a</i>, <i>Taqui&#241;a</i> and <i>Huari</i>. According to estimates, we are the leading beer producer in
Bolivia.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b><i>The Bolivian CSD Market</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In March 2009, we, through
Quinsa, acquired from SAB 100% of Bebidas y Aguas Gaseosas Occidente S.R.L., becoming the exclusive bottler of Pepsi in Bolivia.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
in 2022, the annual sales volume of the Bolivian CSD market was 10.1 million hectoliters. Of our total CSD volumes in Bolivia in 2022,
87% was directly distributed by us and 13% was distributed through exclusive third-party distributors, while all our CSD sales in that
country in 2022 were through non-returnable bottles.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Chile</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
the annual sales volume of the Chilean beer market was 11.5 million hectoliters in 2022. Beer consumption in Chile has increased every
year since 2009, except for 2017 and 2022. Our most important beer brands in Chile are <i>Corona</i>, <i>Budweiser</i>, <i>Becker</i>,
<i>Stella Artois</i> and <i>Cusque&#241;a</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are the second beer producers
in Chile, according to our estimates, and our main competitor and the leader in the country is Compa&#241;&#237;a Cervecer&#237;as Unidas
S.A.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2015, we became the exclusive
distributors of the <i>Corona </i>brand in Chile, and since January 2016 we also started to import and distribute <i>Budweiser</i> in
Chile, followed by <i>Cusque&#241;a</i> in 2018.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Paraguay</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
the annual sales volume of the Paraguayan beer market was 5.0 million hectoliters in 2022, excluding smuggling.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The market for beer in Paraguay
has traditionally distinguished itself from those in the southern cone countries in certain respects because (1) beer has not faced significant
competition from wine as an alternative alcoholic beverage; (2) the domestic beer market has faced significant competition from imported
brands, which accounted for a far higher market share in Paraguay than in neighboring countries; and (3) the seasonality of our products
is lower due to warmer conditions throughout the year.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Paraguay, 67% of our beer
volumes is directly distributed by us and 33% is distributed through exclusive third-party distributors. Our main package presentation
in Paraguay is the 940-millimeter returnable glass bottle, which accounted for 48% of our sales in 2022.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our most important beer brands in Paraguay are <i>Brahma</i>, <i>Pilsen</i>,
<i>Skol </i>and <i>Ouro Fino</i>, with a leader market position in the country in 2022, according to our estimates. We are also the exclusive
distributor of the <i>Budweiser</i> brand in Paraguay.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Uruguay</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Uruguayan Beer Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
the annual sales volume of the Uruguayan beer market was 1.1 million hectoliters in 2022. Our Latin America South business unit manages
both the beer and CSD businesses in Uruguay out of a facility based in that country.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Uruguay, 22% of our beer
volumes is directly distributed by us and 78% is distributed through exclusive third-party distributors. Our main package presentation
in Uruguay is the 1-liter returnable glass bottle, which accounted for 50.0% of our sales in 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our most important beer brands
in Uruguay are <i>Pilsen</i> and <i>Patricia</i>, with a leading market position in 2022, according to our estimates.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Uruguayan CSD Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
in 2022, the annual sales volume of the Uruguayan CSD market was 3.6 million hectoliters.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Uruguay, 38% of our CSD
volume is directly distributed by us and 62% is distributed through exclusive third-party distributors. Non-returnable bottles accounted
for 97.4% of our sales in that country in 2022. Our most important brand in Uruguay is <i>Pepsi-Cola</i>, with The Coca-Cola Company being
our main competitor.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Canada</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">The Canadian Beer Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our Canada business segment
is represented by the Labatt operations, which sells domestic and ABI beer brands, a portfolio of ready-to-drink and cider brands and
exports the <i>Kokanee</i> beer brand to the United States.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to our estimates,
Labatt is the market leader in the Canadian beer market. The main packaging presentations in that country are the 355-milliliter and the
473-milliliter aluminum cans, which are predominantly sold in privately owned and government-owned retail stores in addition to privately
owned on-trade establishments. Our main competitor in Canada is Molson, but we also compete with smaller brewers, such as Sleeman Breweries
Ltd., or Sleeman, and Moosehead Breweries Ltd.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our main brands in Canada
are <i>Budweiser</i>, <i>Bud Light</i>, <i>Michelob Ultra</i> and <i>Busch </i>(brewed and sold under license from ABI&#8217;s subsidiary
Anheuser-Busch, Inc., or Anheuser-Busch), along with <i>Corona</i>, <i>Labatt Blue</i>, <i>Alexander Keith&#8217;s</i>, <i>Stella Artois</i>
and <i>Kokanee</i>. Our distribution system in Canada is structured in different ways across the country, as further explained below.</p>


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<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Other Canadian Markets</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The ready-to-drink beverages
(RTD) industry in Canada declined low-single digit in 2022, after two years of unprecedent growth. Labatt&#8217;s RTD portfolio in Canada
includes the <i>Nutrl, Bud Light Seltzer, Palm Bay</i> and <i>Mike&#8217;s</i> brands.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Distribution in Ontario</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Ontario, the province
with the largest beer consumption in Canada, we own together with other brewers a distribution and retail company incorporated in 1927
named Brewers Retail Inc., operating as The Beer Store, or TBS. In 2015, we finalized a new Master Framework Agreement, or MFA, with the
government of the Province of Ontario that specifies TBS&#8217;s role as a retailer and distributor of beer.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the MFA, TBS continues
to be the primary retailer for pack sizes larger than six bottles or cans of beer. The Liquor Control Board of Ontario, or LCBO, a chain
of liquor stores owned by the government of the Province of Ontario, continues to have the ability to sell beer. Most LCBO stores are
limited to selling pack sizes of six bottles or cans of beer or less. Under the MFA up to 450 grocery stores may also be granted a license
to sell beer in pack sizes of six bottles or cans or less. The MFA came into force on January 1, 2016 and has an initial term of ten years,
subject to renewal for successive five-year terms, unless the agreement is terminated after the initial term in accordance with the MFA.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">TBS ownership is available
to all qualifying Ontario-based brewers. TBS&#8217;s 15-member Board of Directors is made up of the following members: four directors
nominated by Labatt; four directors nominated by Molson; four independent directors initially nominated by a selection committee jointly
represented by the Province of Ontario, Labatt and Molson and now nominated by a majority vote of the independent directors; two directors
nominated by larger brewer shareholders (other than Labatt and Molson) with TBS sales greater than 50,000 hectoliters per year; and one
director nominated by smaller brewer shareholders with TBS sales less than 50,000 hectoliters per year.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">TBS operates as a self-funding
corporation on a break-even cash flow basis under which it charges volume-based fees for services it provides to the brewers. The nature
of TBS&#8217;s business requires compliance with laws and regulations and oversight by the Province of Ontario and its agents, the Alcohol
and Gaming Commission of Ontario, or AGCO, and the LCBO. The Liquor Licencing and Control Act and its regulations are administered by
the AGCO, which is an Ontario provincial regulatory agency reporting to the Ministry of the Attorney General and affiliated with the Ministry
of Finance. The Province of Ontario and its agents, the AGCO and LCBO, oversee all aspects of the beverage alcohol sector.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Distribution in Quebec</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Quebec is the province in
Canada with the second largest beer consumption. In this province there are no exclusive rights for the sales of beer, and both the on-premise
and off-premise sales channels are mostly comprised of privately owned stores. The SAQ, a government-operated liquor store, sells a select
few beer brands that are not available in the private retail system.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We (as well as our competitors)
sell our products in Quebec through a direct sales and distribution system.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Distribution in the Western Provinces</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Molson and Labatt are each
a shareholder in Brewers Distributor Limited, which operates a distribution network primarily for beer in the four western provinces of
British Columbia, Alberta, Manitoba and Saskatchewan, as well as three territories (Yukon, the Northwest Territories and Nunavut). In
Alberta, some volume is also sold through a third-party wholesaler. In these Western Provincial markets, there are both privately controlled
retail stores (such as in Alberta and British Columbia) and government-controlled retail stores (such as in British Columbia, Manitoba
and Saskatchewan).</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Distribution in the Atlantic Provinces</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We distribute and sell our
products in the Atlantic Provinces (including New Brunswick, Newfoundland, Nova Scotia and Prince Edward Island) through (1) distribution
and retail networks controlled by the government in the provinces of Nova Scotia,
New Brunswick and Prince Edward Island; and (2) private distributors in Newfoundland.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Beer and CSD
Production Process</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The basic brewing process
for most beers is straightforward, but significant know-how is involved in quality and cost control. The most important stages are brewing
and fermentation, followed by maturation, filtering and packaging. Although malted barley (malt) is the primary ingredient, other grains
such as unmalted barley, corn, rice or wheat are sometimes added to produce different beer flavors. The proportion and choice of other
raw materials varies according to regional taste preferences and the type of beer.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The first step in the brewing
process is making wort by mixing malt with warm water and then gradually heating it to approximately 75&#176;C in large mash turns to dissolve
the starch and transform it into a mixture, called &#8220;mash,&#8221; of maltose and other sugars. The spent grains are filtered out
and the liquid, now called &#8220;wort,&#8221; is boiled. Hops are added at this point to give a special bitter taste and aroma to the
beer and help preserve it. The wort is boiled for one to two hours to sterilize and concentrate it and extract the flavor from the hops.
Cooling follows, using a heat exchanger. The hopped wort is saturated with air or oxygen, essential for the growth of the yeast in the
next stage.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Yeast is a micro-organism
that turns the sugar in the wort into alcohol and carbon dioxide. This process of fermentation takes five to eleven days, after which
the wort finally becomes beer. Different types of beer are made using different strains of yeast and wort compositions. In some yeast
varieties, the cells rise to the top at the end of fermentation. Ales and wheat beers are brewed in this way. Pilsen beers are made using
yeast cells that settle to the bottom.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">During the maturation process
the liquid clarifies as yeast and other particles settle. Further filtering gives the beer more clarity. Maturation varies by type of
beer and can take as long as three weeks. Then the beer is ready for packaging in kegs, cans or bottles.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">CSDs are produced by mixing
water, flavored concentrate and sugar or sweetener. Water is processed to eliminate mineral salts and filtered to eliminate impurities.
Purified water is combined with processed sugar or, in the case of diet CSDs, with artificial sweeteners and concentrate. Carbon dioxide
gas is injected into the mixture to produce carbonation. Immediately following carbonation, the mixture is packaged. In addition to these
inputs, delivery of the product to consumers requires packaging materials such as PET bottles, aluminum cans, labels and plastic closures.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For information on our production
facilities, see &#8220;&#8212;D. Property, Plant and Equipment.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Sources and Availability
of Raw Materials</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The COVID-19 pandemic had significant
changes in consumer behavior and channel dynamics as governments-imposed restrictions that varied in terms of scope and intensity in response
to the virus spread. As out-of-home consumption occasions gradually increased in 2021 and 2022, the demand for glass bottled packaging
increased significantly, pressuring the supply chain and generating punctual product shortages.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Beer</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The main raw materials used
in our production are malt, non-malted cereals, hops and water.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Barley and Malt </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Malt is widely available,
and our malt requirement is met by domestic and international suppliers as well as our own six malting facilities. In the case of our
beer operations in Brazil, approximately 75% of our malt needs are supplied by our own malting facilities located in the south of Brazil,
Argentina and Uruguay.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For the remaining malt demand,
our main supplier is <i>Cooperativa Agroindustrial Agraria</i>, located in the State of Paran&#225; in Brazil. Market prices for malt
are volatile and depend on the quality and the level of production of the barley crop across the world, as well as on the intensity of
demand.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The barley used in our malting
facilities is bought directly from South America farmers. Barley prices depend on local winter crop markets, wheat market prices on the
main boards of trade across the world and on the barley quality during the harvest.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">To avoid the impact of short-term
volatility in barley and malt prices on our production costs, we enter into future contracts or financials instruments. See &#8220;Item
11. Quantitative and Qualitative Disclosures about Market Risk.&#8221;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Hops</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There are two types of hops
used in our beer production: hops used to give beer its distinctive bitter flavor, which we generally import from the United States, and
hops used to give beer its distinctive aroma, which we generally import from Europe. Hops industry is concentrated in a few international
suppliers, such as Barth-Haas Group and Hopsteiner.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Non-malted Cereals</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Non-malted cereals are purchased
from domestic suppliers, the most relevant of which are <i>Ingredion, Cargill Agr&#237;cola, Louis Dreyfus Commodities</i> and <i>Arrozeira
Pelotas</i>. Corn and rice grow in several regions in Brazil and are generally widely available.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">To avoid the impact of short-term
volatility in corn prices on our production costs, we enter into financials instruments. See &#8220;Item 11. Quantitative and Qualitative
Disclosures about Market Risk.&#8221;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Water</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Water represents a small
portion of our raw material costs. We obtain our water requirements from several sources, such as: lakes and reservoirs, deep wells located
near our breweries, rivers adjoining our plants and public utility companies. We monitor the quality, taste and composition of the water
we use, and treat it to remove impurities and to comply with our high-quality standards and applicable regulations. As a result of advances
in technology, we have continuously reduced our water consumption per hectoliter produced.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Non-alcoholic
Beverages</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The main raw materials used
in our production are concentrate (including guaran&#225; extract), sugar, sweetener, juices, water and carbon dioxide gas. Most of
these materials are obtained from local suppliers.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Guaran&#225; Berries</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0.5in"><span style="font-weight: normal">We have a 1,070-hectare farm that provides us with 5-tons of guarana seeds
(roasted grains) per year, or about 2% of our needs, with the balance currently being purchased directly from farmers and their organizations
in Mau&#233;s, with the remainder purchased directly from independent farmers in the Amazon region as well as other regions in Brazil
where guaran&#225; is available. The focus of our own farm is to supply Guaran&#225; seedlings to local producers and to promote the
sustainable cultivation of Guaran&#225; in the Amazon Region. About 14 thousand seedlings are donated each year.&#160;</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Concentrates</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have a concentrate facility
in the north of Brazil which produces the concentrates to meet our requirements for the production of our proprietary brand Guaran&#225;
Antarctica among others. The concentrate for Pepsi CSD products is purchased from PepsiCo.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Sugar</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sugar is widely available
and is purchased by our regional sourcing entity. We use sugar in our CSD products mainly in Brazil, Argentina, Bolivia, Uruguay, and
the Caribbean. To avoid the impact of short-term volatility in sugar prices on our production costs, we enter into derivative instruments.
See &#8220;Item 11. Quantitative and Qualitative Disclosures about Market Risk.&#8221;</p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Juices</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Orange, lemon, grape, apple,
and other juices used in our CSD, and juices products are purchased in Brazil. We also use lemon and grapefruit juices in our CSD products
in Argentina and Uruguay. Our main suppliers are Louis Dreyfus Commodities, Cutrale, Citrus Juice, Litoral Citrus and San Miguel.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Other</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We buy all of the fruit juice,
pulp and concentrate that we use in the manufacture of our fruit flavored CSDs.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Packaging</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Packaging costs are comprised
of the cost of glass and PET bottles, aluminum cans, plastic film (shrink and stretch), paper labels, plastic closures, metal crowns and
paperboard, and other materials. To mitigate the risks of short-term volatility in aluminum and some other packaging materials prices
on our production costs, we enter into derivative instruments; for further information on this matter see &#8220;Item 11. Quantitative
and Qualitative Disclosures About Market Risk.&#8221; We also set a fixed price for the period in accordance with the prevailing macroeconomic
conditions for some materials.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In April 2008, we started
operating a glass bottle producing facility in Rio de Janeiro, which we expanded in November 2015. This unit&#8217;s capacity is of approximately
255 thousand tons of glass and in 2022 such unit attended approximately 35% of our glass needs in Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have supply contracts
with respect to most packaging materials. The choice of packaging materials varies by cost and availability in different regions, as well
as consumer preferences and the image of each brand.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our aluminum cans are mainly
sourced regionally by global companies, while our glass containers are sourced by a variety of suppliers, both regionally and globally.
Also, in September 2020, we opened our can plant facility in the state of Minas Gerais, which has a production capacity of 2.5 billion
cans per year. Our can plant served approximately 15% of our can needs in 2022 in Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We obtain the labels for
our beer and CSD primarily from local suppliers; in Brazil, the majority of our beer label requirements are met by a printing house that
belongs to FAHZ and is operated by us pursuant to a lease agreement. Plastic closures are principally purchased regionally, and PET pre-forms
are principally purchased regionally by both local and global companies. Crown caps in Brazil are mainly sourced from our vertical operation
in Manaus, Arosuco. These producers also supply some of our other Latin American operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Regulation</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">All our operations are subject
to local governmental regulation and supervision, including (1) labor laws; (2) social security laws; (3) public health, consumer protection
and environmental laws; (4) securities laws; (5) antitrust laws; (6) foreign exchange laws; and (7) international sanctions and embargoes.
In addition, we may also be subject to regulations aimed at (1) ensuring healthy and safe conditions in facilities for the production,
bottling, and distribution of beverages and (2) placing restrictions on beer and CSD consumption.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Environmental laws in the
countries where we operate are mostly related to (1) the conformity of our operating procedures with environmental regulation and standards
regarding, among other issues, the use of water resources, the emission of gas and liquid effluents, environmental permits and (2) the
management and disposal of one-way packaging.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Governmental restrictions
on beer consumption in the markets where we operate vary from one country to another, and in some instances, from one local region to
another. The most relevant restrictions are:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>each country or province has a minimum legal drinking age that is established by the government; the beer legal drinking age varies
from 18 to 21 years;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span> some local and federal governments require that retail stores own special licenses for the sale of alcohol; this is the case in
some regions of Argentina, Bolivia, Chile, Panama and Canada;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>some local and federal governments (including Bolivia, Argentina, Uruguay and Canada) prohibit the sale of alcoholic beverages
within a certain distance from schools, hospitals and other designated areas, as well as place certain restrictions on the time of sale
and consumption of these products in public places and private clubs;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>some local governments in Canada establish a minimum price for beer sales, which is named Social Reference Price, or SRP. There
is a specific SRP for each different packaging presentation. The SRP may vary from one province to another;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol; color: windowtext">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: windowtext">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span><span style="color: windowtext">in some provinces in Canada the off-trade is restricted to government-owned or licensed stores.
S</span>ee &#8220;&#8212;Business Overview&#8212;Description of the Markets Where We Operate&#8212;Canada &#8211; Labatt&#8221;<span style="color: windowtext">;
and</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify; text-indent: -0.25in"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman, Times, Serif; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>beer sales in the off-premise channel in Canada in the Province of Ontario are restricted to three retail channels. One of them
is the LCBO, which is government-owned. The second retail channel is TBS, which is jointly owned by Labatt and 33 other brewers. The third
retail channel is eligible grocery. The Alcohol and Gaming Commission of Ontario regulates the alcohol industry.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Many governments also impose
restrictions on beer advertisement, which may affect, among other issues, (1) the media channels used, (2) the contents of advertising
campaigns, which may also include restrictions to influencer marketing campaigns, and (3) the time and places where beer can be advertised.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Marketing</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our marketing initiatives
are concentrated in off-trade and on-trade initiatives. Off-trade initiatives comprise mass media vehicles, such as television, radio,
magazines and internet websites. On-trade initiatives include banners, and all types of enhancements to the point of sale, such as branded
coolers and decorated furniture.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Licenses</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Pepsi</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0.25in">We have a long-term agreement with PepsiCo whereby we have been granted
the exclusive right to bottle, sell and distribute certain brands of PepsiCo&#8217;s portfolio of CSDs in Brazil, including Pepsi-Cola,
Gatorade, H2OH!, and Lipton Ice Tea. We are also, through our subsidiaries, PepsiCo&#8217;s bottler for Argentina, Uruguay, Bolivia and
Dominican Republic. In 2022, sales volumes of PepsiCo products represented approximately 34% of our total NAB sales volumes in Brazil,
53% of our total NAB sales volumes in the Dominican Republic and 96% of our NAB sales volumes in Argentina, 96% in Bolivia and 99% in
Uruguay.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0.25in">&#160;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Red Bull</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have a long-term distribution
agreement with Red Bull, providing for the exclusive right to sell and distribute certain brands of Red Bull&#8217;s portfolio in specific
limited points of sale of the on-trade channel in Brazil. We also have agreements with Red Bull to distribute their portfolio in a few
limited channels in Argentina and the Dominican Republic.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Licensing Agreements
with ABI</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Effective January 1998, Labatt
entered into long-term licensing agreements with ABI whereby Labatt was granted the exclusive right and license to manufacture, bottle,
sell, distribute and market some of ABI&#8217;s brands, including the <i>Budweiser</i> and <i>Bud Light</i> brands, in Canada, including
the right to use ABI&#8217;s trademarks for those purposes. The agreements expire in January 2098 and are renewable by either party for
a second term of 100 years. In 2022, the ABI brands sold by Labatt represented approximately 58% of Labatt&#8217;s total sales volumes. According to our estimates, the <i>Budweiser</i>
brand is currently the largest selling brand, while <i>Bud Light</i> is the third largest selling brand, in Canada in terms of volume.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We also have a licensing
agreement with ABI which allows us to exclusively produce, distribute and market <i>Budweiser</i> in Brazil. We also have certain arrangements
to sell and distribute <i>Budweiser</i> products in Paraguay, Guatemala, Dominican Republic, El Salvador, Nicaragua, Uruguay and Chile.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Furthermore, we have a cross-licensing agreement with ABI through which
we are allowed to produce, bottle, sell and distribute beer under the <i>Stella Artois </i>and <i>Becks</i> brands in Latin America and
Canada on an exclusive basis, and ABI is allowed to produce, bottle, sell and distribute beer under the brand Brahma in Europe, Asia,
Africa and the United States on an exclusive basis. Ambev has agreed not to produce directly or indirectly, bottle, distribute, sell or
resell (or have an interest in any of these), any other European premium branded beer in Latin America, and ABI has agreed to be bound
by the same restrictions relating to any other Latin American premium branded beer in Europe, Asia, Africa and the United States. As a
result, in June 2005 we launched <i>Stella Artois</i> in Brazil and, since March 2005, ABI has been distributing <i>Brahma</i> beer in
the United States and several countries such as the United Kingdom, Spain, Sweden, Finland and Greece.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, we have a licensing
agreement with Grupo Modelo, S. de R.L. de C.V. (&#8220;Cervecer&#237;a Modelo&#8221; - formerly Grupo Modelo, S.A.B. de C.V.), a subsidiary
of ABI, to produce, import, promote and resell Corona products (<i>Corona Extra</i>, <i>Corona Light</i>, <i>Coronita</i>, <i>Pacifico</i>
and <i>Negra Modelo</i>) in Latin America countries, including Brazil, as well as in Canada.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We also have a licensing
agreement with Spaten-Franziskaner-Br&#228;u GmbH, a subsidiary of ABI, to produce, promote, advertise and sell Spaten in Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have ABI&#8217;s subsidiary,
Metal Container Corporation, as one of our can suppliers.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Taxation</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Beer</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Taxation on beer in the countries where we operate is comprised of different
taxes specific to each jurisdiction, such as an excise tax and a value-added tax. The amount of sales tax charged on our beer products
in 2022, represented as a percentage of gross sales, was: 41.7% in Brazil; 22% in Canada; 11.1% in Central America; 41.0% in the Dominican
Republic; 14.5% in Panama; 1.0% in Cuba; 10.8% in Barbados; 15.8% in Argentina; 36.5% in Bolivia; 23.9% in Chile; 11.6% in Paraguay; and
31.8% in Uruguay.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">NAB</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Taxation on NAB in the countries where we operate is comprised of taxes
specific to each jurisdiction, such as an excise tax and a value-added tax. The amount of taxes charged on our NAB products in 2022, represented
as a percentage of gross sales, was: 34.6% in Brazil; 18.0% in the Dominican Republic; 7.0% in Panama; 12.2% in Argentina; 27.3% in Bolivia;
and 29.3% in Uruguay.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Changes to
Brazilian Taxes on Beverages</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In May 2018, the Brazilian
Federal Government enacted Decree No. 9,394/2018 reducing IPI Excise Tax rate applicable to transactions with concentrate units to 4%
and, in so doing, effectively reduced the value of the IPI Excise Tax presumed credits that we had recorded on acquisitions of soft drinks
concentrates from companies located in the Manaus Free Trade Zone. Since then, other decrees were issued with temporary rates applicable
to transactions with concentrate units. In 2022, Brazilian Federal Government altered once again the IPI Excise Tax rates levied on transactions
with several products, including beer, soft drinks and soft drinks concentrate units. As for concentrate units, the tax rate was set at
8% (Decree No. 11,182/2022).</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 35.45pt"><span style="font-weight: normal">In
2022, the States of Acre, Alagoas, Amazonas, Bahia, Maranh&#227;o, Paran&#225;, Par&#225;, Piaui, Rio Grande do Norte, Roraima,
Sergipe, Tocantins increased their ICMS Value-Added Tax rate applicable to beer and/or soft drinks (increases ranging from 1% to 4%),
while both the States of Minas Gerais and Rio de Janeiro decreased their ICMS value-Added Tax rates with effect from early 2023 (decreases
of 2% and 1%, respectively).</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Organizational
Structure</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our direct controlling
shareholder, ABI, together with FAHZ, held in aggregate 72.0% of our total and voting capital stock (excluding treasury shares) as
of December&#160;31, 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">ABI indirectly holds shares
in us representing 61.8% of our total and voting capital stock (excluding treasury shares) as of December 31, 2022. ABI thus has control
over us, even though (1) ABI is subject to the Shareholders&#8217; Agreement and (2) ABI is controlled by Stichting that represents an
important part of interests of BRC and the Interbrew Founding Families. For further information on these matters see &#8220;Item 4. Information
on the Company&#8212;A. History and Development of the Company&#8212;The InBev-Ambev Transactions&#8221; and &#8220;Item 7. Major Shareholders
and Related Party Transactions&#8212;A. Major Shareholders&#8212;Ambev&#8217;s Major Shareholders&#8212;The Shareholders&#8217; Agreement.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We conduct the bulk of our
operations in Brazil directly. We also indirectly control Labatt and the operations conducted by our CAC and Latin America South units.
The following chart illustrates the ownership structure of our principal subsidiaries as of December 31, 2022 based on total share capital
owned.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

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<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><b>Organizational Structure</b></p>


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<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: left"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>D.&#160;Property,
Plant and Equipment</b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our properties consist primarily
of brewing, soft drink production, malting, bottling, distribution and office facilities in the countries where we operate.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022, our aggregate beer and non-alcoholic beverages production capacity was 240.1 million hectoliters per year. In
2022, the total production at the facilities set forth below was equal to 179.9 million hectoliters.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following is a list of
our main production facilities as of December 31, 2022:</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
  <tr>
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 1.45pt 5.75pt; vertical-align: top; width: 83%; text-align: left"><b>Brazil</b></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 1.45pt 5.75pt; vertical-align: bottom; width: 17%; text-align: center">&#160;</td></tr>
  <tr>
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 1.45pt 5.75pt; vertical-align: top; text-align: left"><b>Plant</b></td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding: 1.45pt 5.75pt; vertical-align: bottom; text-align: center"><b>Type of Plant</b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Almirante Tamandar&#233;, Paran&#225;</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft
Drinks</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">An&#225;polis, Goi&#225;s</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Aquiraz, Cear&#225;</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cama&#231;ari, Bahia</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cuiab&#225;, Mato Grosso</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Estancia, Sergipe</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Guarulhos, S&#227;o Paulo</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Itapissuma, Pernambuco</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Jacare&#237;, S&#227;o Paulo</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Jaguari&#250;na, S&#227;o Paulo</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Juatuba, Minas Gerais</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Jundiai, S&#227;o Paulo</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft
Drinks</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Lages, Santa Catarina</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cachoeiras de Macacu, Rio de Janeiro</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Manaus, Amazonas</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Pirai, Rio de Janeiro</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Ponta Grossa, Paran&#225;</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Rio de Janeiro, Rio de Janeiro</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">S&#227;o Luis, Maranh&#227;o</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Sapucaia do Sul, Rio Grande do Sul</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft
Drinks</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Sete Lagoas, Minas Gerais</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Teresina, Piau&#237;</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Uberl&#226;ndia, Minas Gerais</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Viam&#227;o, Rio Grande do Sul</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Crown Manaus, Amazonas</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Crown
Cap</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Glass Rio, Rio de Janeiro</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Glass
Bottles</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Label S&#227;o Paulo, S&#227;o Paulo</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Labels</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Malt. Navegantes, Rio Grande do Sul Malt</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Malt</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Malt. Passo Fundo, Rio Grande do Sul</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Malt</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cans Minas, Minas Gerais</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Cans</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Contagem, Minas Gerais</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Bag in
box Plant</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">SAZ Zitec Research Pilot Brewery, Rio de Janeiro</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Research Plant</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Wals, Minas Gerais Beer</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Colorado, S&#227;o Paulo Beer</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Bohemia, Rio de Janeiro Beer</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Pratinha, S&#227;o Paulo Beer</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Joao Pessoa, Para&#237;ba</td>
    <td style="border-right: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">CO2
Plant</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">SD Aromas, Manaus</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft
Drinks Kits</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>


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    <td colspan="2" style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid; padding: 1.45pt 5.75pt; text-align: left"><b>CAC</b></td></tr>
  <tr style="vertical-align: top">
    <td style="border-left: Black 1pt solid; padding: 1.45pt 5.75pt; width: 83%; text-align: left"><b>Plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></td>
    <td style="border-right: Black 1pt solid; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>Type of Plant</b></td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Ambev Centroamerica, Guatemala&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer&#9;</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Santo Domingo, Dominican Republic&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Hato Nuevo, Dominican Republic&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Saint Vincent&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cuba&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Barbados&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
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    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Panama&#9;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
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    <td colspan="2" style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid; padding: 1.45pt 5.75pt; text-align: left"><b>Latin America South</b></td></tr>
  <tr style="vertical-align: top">
    <td style="border-left: Black 1pt solid; padding: 1.45pt 5.75pt; width: 83%; text-align: left"><b>Plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></td>
    <td style="border-right: Black 1pt solid; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>Type of Plant</b></td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Acheral, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cordoba, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft Drinks</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Corrientes, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Manantial, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft Drinks</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Mendoza, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Pompeya, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Quilmes, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cerveceria Argentina, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Cochabamba, Bolivia</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">El Alto, Bolivia</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft Drinks</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Huari, Bolivia</td>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">La Paz, Bolivia</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Sacaba, Bolivia</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Soft Drinks</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Santa Cruz, Bolivia</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Santiago, Chile</td>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Ypane, Paraguay</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Minas, Uruguay</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Montevideo, Uruguay</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mixed</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Malt. Pampa, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Malt</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Crown Coroplas, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Crown Cap</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Malt Tres Arroyos, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Malt</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Can Oruro, Bolivia</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Cans</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Glass Ypane, Paraguay</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Glass Bottles</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Malt Nueva Palmira, Uruguay</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Malt</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Malt Paysandu, Uruguay</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Malt</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Hop Fernandez Oro, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Hops Pellets</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Zarate Research Pilot Brewery, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Research Plant</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Patagonia, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Dante Robino, Argentina</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Wine</td></tr>
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    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Tarija, Bolivia</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="border-left: Black 1pt solid; padding: 1.45pt 5.75pt; width: 83%; text-align: left"><b>Plant&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></td>
    <td style="border-right: Black 1pt solid; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>Type of Plant</b></td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">St. John&#8217;s&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Halifax&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Montreal&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer/RTD</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">London&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer/RTD</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Edmonton&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer/RTD</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Creston&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Mill Street&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer/Spirits</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Turning Point&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer/RTD/Cider</td></tr>
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    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Archibald&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Alexander Keith&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Goodridge &amp; Williams&#9;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">RTD/Spirits</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left">Banded Peak&#9;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Beer</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&#160;</p>


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<td style="width: 0"></td><td style="width: 1in"><span id="a_012"></span>ITEM 4A.</td><td>UNRESOLVED STAFF COMMENTS</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>


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<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: left">&#160;</p>

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<td style="width: 0"></td><td style="width: 1in"><span id="a_013"></span>ITEM&#160;5.</td><td style="text-align: justify">OPERATING AND FINANCIAL REVIEW AND PROSPECTS</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Operating
Results</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Introduction</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following management&#8217;s
discussion and analysis of financial condition and results of operations should be read in conjunction with our audited consolidated financial
statements included elsewhere in this annual report on Form 20-F. This annual report contains forward-looking statements that involve
risks and uncertainties. Our actual results may differ materially from those discussed in the forward-looking statements as a result of
various factors including, without limitation, those set forth in &#8220;Cautionary Statement Regarding Forward-Looking Information&#8221;
and the matters set forth in this annual report generally.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have prepared our audited consolidated financial statements as of December&#160;31,
2022, 2021 and for the three years ended December 31, 2022 in <i>reais</i> and in accordance with IFRS as issued by the IASB.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The financial information
and related discussion and analysis contained in this item are in accordance with IFRS as issued by the IASB. The amounts are in million
<i>reais</i>, unless otherwise stated.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Impact of Ongoing
COVID-19 Pandemic</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The impact of the pandemic on
our operations and the restrictions imposed in response by national governments, especially since March 2020, have generated significant
changes in market dynamics both in the off-trade sales channel, mainly comprised of supermarkets, and in the on-trade channel, which consists
of bars and restaurants. In each case, the more severe the restrictions on the marketing and consumption of our products, the greater
the reduction in volume, which is why Bolivia and Panama were the most affected countries, especially in fiscal year 2021. On the other
hand, we observed an increase in sales related to e-commerce in all countries, although this channel represents a small portion of the
Company&#8217;s total volume.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In early 2022, our operations,
mainly in Brazil, were impacted by the wave of the Omicron variant of COVID-19, which, combined with factors such as unfavorable weather,
negatively impacted our sales. From the second quarter on, with the progress of the vaccination programs and the greater control over
the advance of the COVID-19 pandemic, there was a relaxation of the restrictions in the regions in which we operate, favoring the recovery
of the on-trade channel, despite the uncertainty about how the consumption recovery will evolve in each of these territories.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Brazil, the consistent
implementation of the Company's strategy combined with the context of relaxed restrictions and the return of occasions for out-of-home
consumption generated a positive volume trend, with growth in both volume and net revenue compared to the same 2021 period. In the event
that circumstances related to the COVID-19 pandemic evolve, government authorities may implement emergency measures to mitigate the spread
of the disease. The pandemic and corresponding mitigation measures may have an adverse impact on global economic conditions as well as
the Company's business. The extent of the pandemic COVID-19 impact on the Company's business will depend on future developments, such
as the duration of further outbreaks, any possible trade shutdowns and restrictions, and the effectiveness of actions taken in the regions
where we operate and in other countries to contain and treat the disease. As such events are highly uncertain, the Company cannot determine
their financial impact at this moment. Any adverse impacts could result in a material adverse effect on our business, liquidity, financial
condition and results of operations. However, we continue to manage our cash and capital resources with discipline and management concludes
that there is no doubt about the Company's ability to continue operations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item&#160;3.D.
Key Information&#8212;Risk Factors&#8212;Risks Relating to Our Operations&#8212;The extent of the pandemic declared by the World Health
Organization due to the spread of COVID-19, the perception of its effects or the way in which this pandemic will impact our business,
depends on future developments which are highly uncertain and unpredictable, and may result in a material adverse effect on our business,
financial condition, results of operations and cash flow&#8221;, and other risk factors included herein and &#8220;&#8212;D. Trend Information&#8221;
below.</p>


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<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Year Ended December&#160;31,
2022 Compared to Year Ended December&#160;31, 2021</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the periods discussed
below, we conducted our operations through four business segments as follows:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Brazil</b>, which includes the beer sales division and the NAB sales division;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Central America and the Caribbean</b>, which includes our direct operations in the Dominican Republic,
Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador, Honduras and Nicaragua), Barbados and Panama;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Latin America South</b>, which includes our operations in Argentina, Bolivia, Paraguay, Uruguay and
Chile; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Canada</b>, represented by Labatt&#8217;s operations, which includes domestic sales in Canada and some
exports to the U.S. market.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below sets forth
certain of our operating highlights for the years presented:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Consolidated Financial
    Highlights</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 42%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td style="vertical-align: bottom; width: 19%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="vertical-align: bottom; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b><i>(in R$ million, except volume amounts, <br />
percentages and per share amounts)</i></b></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Sales volume&#8212;&#8217;000 hectoliters&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">185,749.7</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">180,368.1</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">3.0%</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net sales&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">79,708.8 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">72,854.3 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">9.4%</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net revenue per hectoliter&#8212;R$/hl&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">429.1</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">403.9</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6.2%</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Cost of sales&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;(40,422.1)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;(35,659.7)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">13.4%</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Gross profit&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;39,286.7 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;37,194.6 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">5.6%</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Gross margin (%)</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>49.3%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>51.1%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">180 bps</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Sales, marketing and distribution expenses&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;(18,732.7)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(16,968.2)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">10.4%</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Administrative expenses&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(5,236.8)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(4,877.4)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">7.4%</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Other operating income/(expenses) net&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,513.9 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,124.1 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">18.4%</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Exceptional items&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(143.3)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(392.8)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(63.5%)</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Income from operations&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;17,687.9 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;17,080.3 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">3.6%</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Operating margin (%)</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>22.2%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>23.4%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>120 bps</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net income&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;14,891.2</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;13,122.6 </td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">13.5%</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Net margin (%)</b>&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>18.7%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>18.0%</b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><b>(70 bps)</b></td></tr>
  </table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.25in; text-align: justify; text-indent: 0in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.25in; text-align: justify; text-indent: 0in"><i>Margin Analysis</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth certain line items of our income statement expressed as percentages of net sales for the years ended December&#160;31, 2022 and
2021:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Year Ended December
    31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 69%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 16%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td style="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b><i>(%)</i></b></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b><i>(%)</i></b></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Net sales&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">100.0</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">100.0</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Cost of sales&#9;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(50.7)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(48.9)</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Gross profit&#9;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">49.3</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">51.1</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Sales, marketing and distribution expenses&#9;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(23.5)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(23.3)</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Administrative expenses&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(6.6)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(6.7)</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Other operating income/(expenses) net&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">3.2</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">2.9</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Exceptional items&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(0.2)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">(0.5)</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Income from operations&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">22.2</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">23.4</td></tr>
  </table>

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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b><i>Selected Financial
Data by Business Segment</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth selected financial data by business segment for the years ended December&#160;31, 2022 and 2021:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><br />
</span><span style="font-size: 8pt">&#160;</span></td>
    <td colspan="10" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Year Ended December
    31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">&#160;</span></td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">&#160;</span></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Brazil</b></p></td>
    <td style="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>CAC</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>LAS</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Canada</b></p></td>
    <td style="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Total</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Brazil</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>CAC</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>LAS</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Canada</b></p></td>
    <td style="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Total</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="10" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$ million)</i></b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Net sales</b>&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;42,635.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,440.1 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;17,371.2 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,261.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;79,708.8</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,586.5 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,947.4 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;16,571.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,748.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;72,854.3 </b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Cost of sales&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">(22,736.8)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">(4,860.8)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">(8,553.1)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">(4,271.4)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">(40,422.1)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(18,309.1)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(4,727.9)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(8,235.7)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(4,386.9)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(35,659.7)</p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Gross profit</b>&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;19,898.9 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,579.3 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,818.1</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,990.3 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;39,286.8 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;17,277.4 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,219.5 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,336.0</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,361.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,194.6 </b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Sales, marketing, distribution and administrative expenses&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(13,522.0)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(1,999.9)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(4,421.4)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(4,026.1)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(23,969.4)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(11,569.6)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(1,993.7)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(4,385.0)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(3,897.3)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(21,845.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Other operating income/ (expenses)&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;2,361.4 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(52.9) </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;192.7 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;12.8</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;2,513.9 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;2,096.0 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;12.4 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;38.8 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(23.1)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;2,124.1 </span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Exceptional items&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(34.5)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(16.1)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(60.5)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(32.2)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(143.3)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(210.1)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(46.7)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(115.4)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(20.6)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(392.8)</p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Income from operations</b>&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>8,703.7 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2,510.5 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>4,528.9 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>1,944.7 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>17,687.8 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>7,593.7 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>3,191.5 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>3,874.4 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2,420.7 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>17,080.3 </b></p></td></tr>
  </table>
<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Net Sales</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 21.3pt"><span style="font-weight: normal">Net
sales increased by 9.4% in 2022, to R$79,708.8 million from R$72,854.3 million in 2021, as a consequence of a 3.0% increase in volume
sold, coupled with a 6.2% increase in net revenue per hectoliter, both driven by the continued execution of our commercial strategy, as
shown in tables set forth below:</span></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 21.3pt"><span style="font-weight: normal">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Net Sales<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$ million, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;42,635.7 </b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>53.5%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,586.5 </b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>48.8%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>19.8%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,857.8 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">45.0%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;30,537.1 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">41.9%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.4%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,777.9 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">8.5%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,049.4 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">6.9%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">34.2%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,440.3 </b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>11.8%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,947.4 </b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>13.7%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>(5.1%)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;17,371.2 </b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>21.8%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;16,571.7 </b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>22.7%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>4.8%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.25in"><b>10,261.7
    </b></p></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>12.9%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.25in"><b>10,748.7
    </b></p></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>14.8%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(4.5%)</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.25in"><b>79,708.8
    </b></p></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.25in"><b>72,854.3
    </b></p></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>9.4%</b></p></td></tr>
  <tr style="background-color: White">
    <td style="width: 24%">&#160;</td>
    <td style="width: 15%">&#160;</td>
    <td style="width: 15%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 15%">&#160;</td>
    <td style="width: 14%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 15%">&#160;</td></tr>
  </table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales Volumes<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="vertical-align: top; width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Volume</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Volume</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in thousands of hectoliters, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;126,184.4 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">67.9%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;119,530.6 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">66.3%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.6%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;94,042.6 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50.6%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;90,835.0 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50.4%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.5%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;32,141.8 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.3%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;28,695.5 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">15.9%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">12.0%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;11,786.3 </b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>6.3%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;13,401.9 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">7.4%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(12.1%)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;38,134.0 </b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>20.5%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;37,511.6 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">20.8%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">1.7%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in"><b>9,645.0
    </b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>5.2%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">9,924.1</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">5.5%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(2.8%)</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.25in"><b>185,749.7
    </b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>180,368.1</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">3.0%</p></td></tr>
  </table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Net Revenue per
    Hectoliter<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 55%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td style="vertical-align: bottom; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;337.9 </b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>297.7 </b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>13.5%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;381.3 </b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">336.2 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>13.4%</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;210.9 </b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">176.0 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>19.8%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;801.0 </b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>742.2 </b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>7.9%</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;455.5 </b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>441.8 </b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>3.1%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in"><b>1,063.9
    </b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>1,083.1 </b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(1.8%)</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in"><b>429.1
    </b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>403.9</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>6.2%</b></p></td></tr>
  </table>

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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Brazilian Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Total net sales from our
Brazilian operations increased by 19.8% in 2022, to R$42,635.7 million from R$35,586.5 million in 2021.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our net sales of beer in Brazil increased by 17.4% in 2022, to R$35,857.8
million from R$30,537.1 million in 2021. This variation is a consequence of a 3.5% increase in volume sold, coupled with a 13.4% increase
in net revenue per hectoliter in 2022. We continued to seize the moment and grow volumes by consistently executing our commercial strategy,
even after having reached a step change in volumes in the prior couple years. Revenue management initiatives combined with brand mix also
led to better levels of net revenue per hectoliter performance.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our net sales of NAB in Brazil
increased by 34.2% in 2022, to R$6,777.9 million from R$5,049.4 million in 2021. This variation is a consequence of a 12.0% increase in
volume sold, coupled with a 19.8% increase in net revenue per hectoliter in 2022. The strengthening of out of home consumption occasions
throughout the year combined with a solid commercial strategy, and an improved distribution with BEES led to volume growth, while net
revenue per hectoliter performance was driven by revenue management initiatives coupled with positive mix of single serve packages and
premium brands.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">CAC Operations</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Net sales from our CAC operations decreased by 5.1% in 2022, to R$9,440.3
million from R$9,947.4 million in 2021. This variation is a consequence of a 12.1% decrease in volume sold, with net revenue per hectoliter
growing by 7.9% in 2022. Volume decline was mainly due to supply chain constraints affecting the region in the first half of the year,
a weak consumption environment in the second half, while net revenue per hectoliter performance driven by revenue management initiatives
and mix was partially offset by currency translation impacts as local currencies depreciated in relation to the Brazilian <i>real</i>
during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Latin America South Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Net sales from our Latin
America South operations increased by 4.8% in 2022, to R$17,371.2 million from R$16.571,7 million in 2021, as a consequence of a 1.7%
increase in volume sold, coupled with a 3.1% increase in net revenue per hectoliter in 2022. Volume growth was mainly driven by a resilient
volume performance in Argentina, and Bolivia recovering from COVID-19 impacts, while net revenue per hectoliter performance was due to
the disciplined execution of revenue management initiatives amid a highly inflationary environment especially in Argentina, partially
offset by currency translation impacts as local currencies depreciated in relation to the Brazilian <i>real</i> during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Canada Operations</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Net sales from our Canadian operations decreased by 4.5% in 2022, to R$10,261.7
million from R$10,748.7 million in 2021, as a consequence of a 2.8% decrease in volume sold, coupled with a 1.8% net revenue per hectoliter
decrease in 2022. Volume decreased within the context of a weak industry both in beer and beyond beer segments, while positive net revenue
per hectoliter performance mainly driven by revenue management initiatives was offset by currency translation impacts as local currency
depreciated in relation to the Brazilian <i>real</i> during the period.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="color: windowtext">Cost
of Sales</span>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales increased by
13.4% in 2022, to R$40,422.1 million from R$35,659.7 million in 2021.&#160;As a percentage of our net sales, total cost of sales increased
to 50.7% in 2022 from 48.9% in 2021.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below sets forth
information on cost of sales per hectoliter for the periods presented:</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Cost of Sales per
    Hectoliter<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 54%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td style="vertical-align: bottom; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="vertical-align: bottom; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;180.2 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;153.2 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.6%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;199.5 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;169.3 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.8%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;123.6 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;102.0 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">21.1%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;412.4 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;352.8 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">16.9%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;224.3 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;219.6 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">2.2%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">442.9</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">442.0</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">0.2%</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right; text-indent: 0.5in">217.6</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">197.7</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">10.1%</p></td></tr>
  </table>
<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Brazilian Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Total cost of sales for our
Brazilian operations increased by 24.2% in 2022, to R$22,736.8 million from R$18,309.1 million in 2021. On a per hectoliter basis, our
Brazilian operations&#8217; cost of sales increased by 17.6% in 2022, to R$180.2 per hectoliter from R$153.2 per hectoliter in 2021.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Brazilian
beer operations increased by 22.0% in 2022, to R$18,765.3 million from R$15,382.1 million in 2021, with cost of sales per hectoliter growing
by 17.8% (R$&#160;199.5 in 2022 versus R$&#160;169.3 in 2021), mainly explained by higher commodity prices, driven by metal and agricultural
commodities, and general inflation.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Brazilian NAB segment increased by 35.7% in 2022,
to R$3,971.5 million from R$2,927.1 million in 2021, with the cost of sales per hectoliter growing by 21.1% (R$&#160;123.6 in 2022 versus
R$&#160;102.0 in 2021), mainly as result of higher input costs given increased commodity prices (especially sugar and PET resin), and
general inflation and package mix.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">CAC Operations</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our
CAC operations increased by 2.8% in 2022, to R$4,860.8 million from R$4,727.9 million in 2021, with the cost of sales per hectoliter
growing by 16.9% (R$412.4 in 2022 versus R$352.8 in 2021), mainly driven by commodity price increases, coupled with general
inflation, specially impacting diesel and ocean freight inflation, partially offset by currency translation impacts as local
currencies depreciated in relation to the Brazilian <i>real</i> during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Latin America South Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Latin
America South operations increased by 3.9% in 2022, to R$8,553.1 million from R$8,235.7 million in 2021, with the cost of sales per hectoliter
growing by 2.2% (R$&#160;224.3 in 2022 versus R$&#160;219.6 in 2021), mainly due to higher commodity prices and the high overall inflation
in Argentina, partially offset by currency translation impacts as local currencies depreciated in relation to the Brazilian <i>real</i>
during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Canada Operations</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Canadian
operations decreased by 2.6% in 2022, to R$4,271.4 million from R$4,386.9 million in 2021, with the cost of sales per hectoliter increasing
0.2% (R$442.9 in 2022 versus R$442.0 in 2021), due to higher commodity prices, and general inflation, impacting diesel and freight prices,
which more than offset by currency translation impacts as local currency depreciated in relation to the Brazilian <i>real</i> during
the period.</p>

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    <!-- Field: /Page -->

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Gross Profit</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a result of the foregoing,
gross profit increased by 5.6% in 2022, to R$39,286.8 million from R$37,194.6 million in 2021.&#160;The table below sets forth the contribution
of each business segment to our consolidated gross profit:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Gross Profit</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Amount</b></p></td>
    <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Margin</b></p></td>
    <td style="vertical-align: bottom; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Amount</b></p></td>
    <td style="vertical-align: bottom; width: 21%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Margin</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$ million, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.2in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;19,898.9 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">47%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;17,277.4 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">46.5%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">49%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17,092.5</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">43.5%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">48%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;15,155.1 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">40.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">2,806.4</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">7.1%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">41%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;2,122.3 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">42%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.2in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">4,579.3</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">11.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">49%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;5,219.5 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">14.0%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">52%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">8,818.1</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">22.4%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">51%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;8,336.0 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">22.4%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">5,990.3</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">15.2%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">58%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">6,361.7</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">17.1%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">59%</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">39,286.8</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">100.0%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">49%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">37,194.6</p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">51%</p></td></tr>
  </table>
<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Sales, Marketing,
Distribution and Administrative Expenses</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our sales, marketing, distribution
and administrative expenses increased by 9.7% in 2022, to R$23,969.4 million from R$21,845.6 in 2021.&#160;An analysis of sales and marketing
and administrative expenses for each business segment is set forth below.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Brazilian Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Total sales, marketing,
distribution and administrative expenses in Brazil increased by 16.9% in 2022, to R$13,522.0 million from R$11,569.6 million in 2021.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution and administrative expenses for our Brazilian beer operations increased by 15.4% in 2022, to R$11,514.2
million from R$9,975.4 million in 2021, primarily due to higher investments in our brands and overall inflation over distribution expenses,
mainly diesel.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution and administrative expenses for the NAB segment in Brazil increased by 26.0% in 2022, to
R$2,008.0 million from R$1,594.2 million in 2021, mainly due to higher investments in our brands and increased distribution expenses driven
by higher volumes and overall inflation.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">CAC Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for our CAC operations increased by 0.3% in 2022, to R$1,999.9 million from R$1,993.7 million in 2021, mainly
due to the effective management of our expenses in the region coupled with currency translation impacts as local currencies depreciated
in relation to the Brazilian real during the period more than offsetting increased distribution expenses driven by diesel and ocean freight
inflation.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Latin America South Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for our Latin America South operations increased by 0.8% in 2022, to R$4,421.4 million from R$4,385.0 million
in 2021 driven by overall inflation especially in Argentina, despite effective management of our expenses in the region, partially offset
by currency translation impacts as local currency depreciated in relation to the Brazilian <i>real </i>during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Canada Operations</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0 0.5in; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for our Canadian operations increased by 3.3% in 2022, to R$4,026.1 million from R$3,897.3 million in 2021
driven mainly by higher distribution expenses due to diesel and freight inflation, partially offset by currency translation impacts as
local currency depreciated in relation to the Brazilian <i>real </i>during the period.&#160;</p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Other Net Operating
Income (Expense)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Other net operating income
increased by 18.4% in 2022, to R$2,513.9 million from R$2,124.1 million in 2021. This result is mainly explained by a growth of tax incentives
related to state long term ICMS Value Added Tax in Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 21.3pt"><i>Exceptional Items</i></p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Exceptional items expenses decreased by 63.5% in 2022, to R$(143.3) million
from R$(392.8)&#160;million in 2021.&#160;Similar to 2021, the expenses recorded in 2022 were mainly due to restructuring expenses primarily
related to centralization and sizing projects in Brazil and Latin America South.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 21.3pt"><i>Income from Operations</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a result of the foregoing,
income from operations increased by 3.6% in 2022, to R$17,687.9 million from R$17,080.3 million in 2021.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><i>Net Finance Result</i></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.45pt">Our net finance result
decreased by 6.8% in 2022, to an expense of R$3,423.2 million from an expense of R$3,205.4 million in 2021.&#160;This result is mainly
explained by an increase in carry costs for Brazil and Argentina as a result of macroeconomic volatility in both countries coupled with
higher present value adjustment of accounts payables as per determined in IFRS 13 partially compensated by higher interest income due
to increased SELIC rate, as well as higher recognition of monetary update of tax credits in financial results, compared to 2021, mainly
related to a 2017 Brazilian Supreme Court decision that declared unconstitutional the inclusion of the ICMS state tax in the tax base
of the PIS and the COFINS federal taxes.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.45pt">Our total debt, including
current and non-current interest-bearing loans and borrowing, increased by R$670.2 million in in 2022, while our cash and cash equivalents
and current investment securities less bank overdrafts decreased by R$3,205.2 million in 2022.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Income Tax
Expense</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our consolidated income
tax and social contribution on profits totaled R$(655.6) million in 2022 from R$636.6 million in 2021.&#160;The effective tax rate in
2022 was (4.6)%, compared to 4.6% in the previous year.&#160;Such decrease in our effective tax rate in 2022 was primarily due to lower
withholding taxes and the tax effects of the payment of interest on shareholders&#8217; equity &#8211; for further information see &#8220;&#8212;E.
Taxation&#8212;Brazilian Tax Considerations&#8212;Income Tax&#8212;Distributions of Interest on Shareholders&#8217; Equity&#8221;.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Net Income</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a result of the foregoing,
net income increased by 13.5% in 2022, to R$14,891.3 million from R$13,122.6 million in 2021.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Year Ended December&#160;31,
2021 Compared to Year Ended December&#160;31, 2020</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the periods discussed
below, we conducted our operations through four business segments as follows:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Brazil</b>, which includes the beer sales division and the NAB sales division;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Central America and the Caribbean</b>, which includes our direct operations in the Dominican Republic,
Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador, Honduras and Nicaragua), Barbados and Panama;</td></tr></table>


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<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Latin America South</b>, which includes our operations in Argentina, Bolivia, Paraguay, Uruguay and
Chile; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><b>Canada</b>, represented by Labatt&#8217;s operations, which includes domestic sales in Canada and some
exports to the U.S. market.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below sets forth
certain of our operating highlights for the years presented:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Consolidated Financial
    Highlights</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 42%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2021</b></p></td>
    <td style="vertical-align: bottom; width: 19%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2020</b></p></td>
    <td style="vertical-align: bottom; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>% Change</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b><i>(in R$ million, except volume amounts, <br />
percentages and per share amounts)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Sales volume&#8212;&#8217;000 hectoliters&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">180,368.1</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">165,797.9</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">8.8%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Net sales&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">72,854.3 </span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">58,379.0</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">24.8%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Net revenue per hectoliter&#8212;R$/hl&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">403.9</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">352.1</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">14.7%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Cost of sales&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;(35,659.7)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(27,066.1)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">31.8%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Gross profit&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;37,194.6 </span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">31,312.9</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">18.8%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>Gross margin (%)</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>51.1%</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>53.6%</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>0.0 bps</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Sales, marketing and distribution expenses&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;(16,968.2)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(14,619.6)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">16.1%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Administrative expenses&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;(4,877.4)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(2,948.5)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">65.4%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Other operating income/(expenses) net&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,124.1 </span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">2,679.4</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(20.7)%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Exceptional items&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(392.8)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(452.0)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(13.1)%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Income from operations&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;17,080.3 </span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">15,972.2</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">6.9%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>Operating margin (%)</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>23.4%</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>27.4%</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>(396 bps)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Net income&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;13,122.6 </span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">11,731.9</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">11.9%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>Net margin (%)</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>18.0%</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>20.1%</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>(209 bps)</b></span></td></tr>
  </table>
<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Margin Analysis</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth certain line items of our income statement expressed as percentages of net sales for the years ended December&#160;31, 2021 and
2020:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Year Ended December
    31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 69%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">&#160;</span></td>
    <td style="width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2021</b></p></td>
    <td style="width: 19%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2020</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b><i>(%)</i></b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b><i>(%)</i></b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Net sales&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">100.0</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">100.0</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Cost of sales&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(48.9)</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(46.4)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Gross profit&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">51.1</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">53.6</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Sales, marketing and distribution expenses&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(23.3)</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(25.0)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Administrative expenses&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(6.7)</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(5.1)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Other operating income/(expenses) net&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">2.9</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">4.6</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Exceptional items&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(0.5)</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(0.8)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Income from operations&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">23.4</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">27.4</span></td></tr>
  </table>

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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b><i>Selected Financial
Data by Business Segment</i></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth selected financial data by business segment for the years ended December&#160;31, 2021 and 2020:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><br />
</span><span style="font-size: 8pt">&#160;</span></td>
    <td colspan="10" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Year Ended December
    31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">&#160;</span></td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">&#160;</span></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Brazil</b></p></td>
    <td style="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>CAC</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>LAS</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Canada</b></p></td>
    <td style="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Total</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Brazil</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>CAC</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>LAS</b></p></td>
    <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Canada</b></p></td>
    <td style="vertical-align: bottom; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Total</b></p></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="10" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$ million)</i></b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Net sales</b>&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,586.5 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,947.4 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;16,571.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,748.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;72,854.3 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>30,196.5</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>7,319.3</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>11,560.8</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>9,302.4</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>58,379.0</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Cost of sales&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(18,309.1)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(4,727.9)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(8,235.7)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(4,386.9)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(35,659.7)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(14,112.9)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(3,307.5)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(5,937.4)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(3,708.3)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(27,066.1)</p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Gross profit</b>&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;17,277.4 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,219.5 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,336.0</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,361.7 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,194.6 </b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>16,083.6</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>4,011.8</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>5,623.4</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>5,594.1</b></span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt"><b>31,312.9</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Sales, marketing, distribution
    and administrative expenses&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(11,569.6)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(1,993.7)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(4,385.0)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(3,897.3)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(21,845.6)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(9,315.6)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;(1,598.9)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(3,233.3)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(3,420.3)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(17,568.1)</p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Other operating income/ (expenses)&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;2,096.0 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;12.4 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;38.8 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;(23.1)</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt; text-align: right"><span style="font-size: 8pt">&#160;2,124.1 </span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">2,887.2</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(23.5)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(159.9)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(24.4)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">2,679.4</p></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Exceptional items&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(210.1)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(46.7)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(115.4)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(20.6)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(392.8)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(173.8)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(70.5)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(145.7)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(62.0)</p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(452.0)</p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Income from operations</b>&#9;</span></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>7,593.7 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>3,191.5 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>3,874.4 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2,420.7 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>17,080.3 </b></p></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
<div style="border-bottom: Black 2.25pt double; padding: 0in">

    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>9,481.4</b></p>
</div></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
<div style="border-bottom: Black 2.25pt double; padding: 0in">

    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2,318.9</b></p>
</div></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
<div style="border-bottom: Black 2.25pt double; padding: 0in">

    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2,084.5</b></p>
</div></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
<div style="border-bottom: Black 2.25pt double; padding: 0in">

    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>2,087.4</b></p>
</div></td>
    <td style="padding-right: 4.3pt; padding-left: 4.3pt">
<div style="border-bottom: Black 2.25pt double; padding: 0in">

    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>15,972.2</b></p>
</div></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Net Sales</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Net sales increased by 24.8%
in 2021, to R$72,854.3 million from R$58,379.0 million in 2020, as shown in tables set forth below:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Net Sales<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="7" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$ million, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;35,586.5 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">48.8%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>30,196.5</b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>51.7%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.8%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;30,537.1 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">41.9%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">25,953.0</span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">44.5<b>%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.7%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;5,049.4 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">6.9%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">4,243.5</span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">7.3<b>%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">19.0%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;9,947.4 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">13.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>7,319.3</b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>12.5%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">35.9%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;16,571.7 </span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">22.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>11,560.8</b></span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>19.8%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">43.3%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">10,748.7</p></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">14.8%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>9,302.4</b></p></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>15.9%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">15.5%</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">72,854.3</p></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">100.0%</p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>58,379.0</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">24.8%</p></td></tr>
  <tr style="background-color: White">
    <td style="width: 24%">&#160;</td>
    <td style="width: 15%">&#160;</td>
    <td style="width: 15%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 15%">&#160;</td>
    <td style="width: 14%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 15%">&#160;</td></tr>
  </table>
<p style="font: 8pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Sales Volumes<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="2" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="vertical-align: top; width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Volume</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Volume</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in thousands of hectoliters, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;119,530.6 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">66.3%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>111,285.4</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>67.1%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">7.4%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;90,835.0 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50.4%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">84,791.7</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">51.1<b>%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">7.1%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;28,695.5 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">15.9%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">26,493.7</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">16.0<b>%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">8.3%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;13,401.9 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">7.4%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>11,451.2</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>6.9%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.0%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;37,511.6 </span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">20.8%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>33,062.4</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>19.9%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">13.5%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">9,924.1</p></td>
    <td style="text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">5.5%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>9,998.9</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>6.0%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(0.7)%</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">180,368.1</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">100.0%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>165,797.9</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">8.8%</p></td></tr>
  </table>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Net Revenue per
    Hectoliter<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 55%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>297.7</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>271.3</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>9.7%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">336.2</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">306.1</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.8%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">176.0</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">160.2</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.8%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>742.2</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>639.2</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>16.1%</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>441.8</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>349.7</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>26.3%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>1,083.1</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>930.3</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>16.4%</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>403.9</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>352.1</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>14.7%</b></p></td></tr>
  </table>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Brazilian Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Total net sales from our
Brazilian operations increased by 17.8% in 2021, to R$35,586.5 million from R$30,196.5 million in 2020.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our net sales of beer in
Brazil increased by 17.7% in 2021, to R$30,537.1 million from R$25,953.0 million in 2020. This variation is a consequence of a 7.1% increase
in volume sold, coupled with an increase in net revenue per hectoliter in 2021. Despite the continuing impacts generated by the COVID-19
pandemic, we were able to grow volumes as a result of the implementation of our commercial strategy, the success of our innovations and
our flexibility and adaptability to changes in the market.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our net sales of NAB in Brazil
increased by 19.0% in 2021, to R$5,049.4 million from R$4,243.5 million in 2020 mainly due to the steady reopening of cities which drove
the out of home consumption occasion recovery.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">CAC Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Net sales from our CAC operations
increased by 35.9% in 2021, to R$9,947.4 million from R$7,319.3 million in 2020, mainly driven by volume recovery leveraging on the gradual
reopening of cities as COVID-19 restrictions on people circulation imposed by local governments eased in response to the increase in COVID-19
vaccinations, coupled with further premiumization of our portfolio through core brands, like Corona, which had a positive impact in net
revenue per hectoliter. Reported variation increased due to currency translation impacts as local currencies appreciated in relation to
the Brazilian <i>real</i> during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Latin America South Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Net sales from our Latin
America South operations increased by 43.3% in 2021, to R$16,571.7 million from R$11,560.8 million in 2020, mainly due to volume recovery
in most countries coupled with the high inflation in Argentina and currency translation impacts as local currencies appreciated in relation
to the Brazilian <i>real</i> during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Canada Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Net sales from our Canadian
operations increased by 15.5% in 2021, to R$10,748.7 million from R$9,302.4 million in 2020. The result was mainly due to our revenue
management initiatives leading to more efficient discounts and pricing, which had a positive impact in net revenue per hectoliter, partially
offset by a decrease in volumes of products sold in the region driven by restrictions imposed by local governments on people circulation
in response to the COVID-19 pandemic. Reported variation increased mainly due to currency translation impacts as local currency appreciated
in relation to the Brazilian <i>real</i> during the period.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="color: windowtext">Cost
of Sales</span>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales increased by
31.8% in 2021, to R$35,659.7 million from R$27,066.1 million in 2020.&#160;As a percentage of our net sales, total cost of sales increased
to 48.9% in 2021 from 46.4% in 2020.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below sets forth
information on cost of sales per hectoliter for the periods presented:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Cost of Sales per
    Hectoliter<br />
    Year Ended December 31,</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 55%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% Change</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;153.2</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">126.8</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">20.8%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;169.3</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">140.8</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">20.3%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt">NAB&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;102.0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">82.0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">24.4%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;352.8</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">288.8</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">22.2%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;219.6</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">179.6</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">22.2%</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">442.0 </p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">370.9</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">19.2%</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">197.7</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">163.2</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">21.1%</p></td></tr>
  </table>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Brazilian Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Total cost of sales for our
Brazilian operations increased by 29.7% in 2021, to R$18,309.1 million from R$14,112.9 million in 2020. On a per hectoliter basis, our
Brazilian operations cost of sales increased by 20.8% in 2021, to R$153.2 per hectoliter from R$126.8 per hectoliter in 2020.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Brazilian
beer operations increased by 28.8% in 2021, to R$15,382.0 million from R$11,941.7 million in 2020, mainly explained by higher commodity
prices, driven by metal and agricultural commodities, as well as currency impact, mainly explained by Brazilian <i>real</i> devaluation
relative to other currencies, which was partially offset by our hedging policy and volume growth.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Brazilian
NAB segment increased by 34.8% in 2021, to R$2,927.1 million from R$2,171.2 million in 2020, mainly due to higher input costs. The cost
of sales per hectoliter increased by 24.5% in 2021, totaling R$102.0 per hectoliter, from R$82.0 per hectoliter in 2020, mainly as result
of the same factors.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">CAC Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our CAC
operations increased by 42.9% in 2021, to R$4,727.9 million from R$3,307.5 million in 2020 mainly driven by volume recovery as COVID-19
restrictions imposed by local governments on people circulation eased, coupled with commodity price increases. Reported variation increased
due to currency translation impacts as all local currencies appreciated in relation to the Brazilian <i>real</i> during the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Latin America South Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Latin
America South operations increased by 38.7% in 2021, to R$8,235.7 million from R$5,937.4 million in 2020 mainly due to volume growth coupled
with higher commodity and currency prices given our hedging policy and the high inflation in Argentina.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Canada Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cost of sales for our Canadian
operations increased by 18.3% in 2021, to R$4,386.9 million from R$3,708.3 million in 2020, mainly due to higher commodity and currency
prices giving our hedging policy. Reported variation increased mainly due to currency translation impacts as local currency appreciated
in relation to the Brazilian <i>real</i> during the period.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Gross Profit</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a result of the foregoing,
gross profit increased by 18.8% in 2021, to R$37,194.6 million from R$31,312.9 million in 2020.&#160;The table below sets forth the contribution
of each business segment to our consolidated gross profit:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Gross Profit</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Amount</b></p></td>
    <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Margin</b></p></td>
    <td style="vertical-align: bottom; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Amount</b></p></td>
    <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>% of Total</b></p></td>
    <td style="vertical-align: bottom; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Margin</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="6" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$ million, except percentages)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.2in; text-align: center; text-indent: -0.1in"><span style="font-size: 8pt"><b>Brazil</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17,277.4</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">46.5%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">49%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>16,083.6</b></span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>51.4%</b></span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>53%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: center; text-indent: -0.1in"><span style="font-size: 8pt">Beer Brazil</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">15,155.1</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">40.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">14,011.3</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">44.7<b>%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">54<b>%</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.3in; text-align: center; text-indent: -0.1in"><span style="font-size: 8pt">NAB</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">2,122.3</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.7%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">42%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">2,072.3</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">6.6<b>%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>49%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.2in; text-align: center; text-indent: -0.1in"><span style="font-size: 8pt"><b>CAC</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5,219.5</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">14.0%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">52%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>4,011.8</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>12.8%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>55%</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: center; text-indent: -0.1in"><span style="font-size: 8pt"><b>Latin America South</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">8,336.0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">22.4%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">50%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>5,623.4</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>18.0%</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b>49%</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: center; text-indent: -0.1in"><span style="font-size: 8pt"><b>Canada</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">6,361.7</p></td>
    <td style="text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">17.1%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">59%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>5,594.1</b></p></td>
    <td style="text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>17.9%</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>60%</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: center; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">37,194.6</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">100.0%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">51%</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>31,312.9</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>100.0%</b></p></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>54%</b></p></td></tr>
  </table>

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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Sales, Marketing,
Distribution and Administrative Expenses</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our sales, marketing, distribution
and administrative expenses increased by 24.3% in 2021, to R$21,845.6 million from R$17,568.1 in 2020.&#160;An analysis of sales and marketing
and administrative expenses for each business segment is set forth below.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Brazilian Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Total sales, marketing, distribution
and administrative expenses in Brazil increased by 24.2% in 2021, to R$11,569.6 million from R$9,315.6 million in 2020.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for our Brazilian beer operations increased by 25.7% in 2021, to R$9,975.4 million from R$7,933.2 million
in 2020, primarily due to an increase in variable compensation to R$721.5 million, volume growth and the cost of last mile delivery.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for the NAB segment in Brazil increased by 15.3% in 2021, to R$1,594.2 million from R$1,382.4 million in 2020
mainly due to an increase in variable compensation to R$127.3 million and volume growth.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">CAC Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for our CAC operations increased by 24.7% in 2021, to R$1,993.7 million from R$1,598.9 million in 2020, mainly
due to an increase in variable compensation to R$159.6 million partially offset by the disciplined execution of our cost saving initiatives.
Reported variation increased due to currency translation impacts as local currencies appreciated in relation to the Brazilian real during
the period.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Latin America South Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for our Latin America South operations increased by 35.6% in 2021, to R$4,385.0 million from R$3,233.3 million
in 2020 driven by an increase in variable compensation to R$297.0 million coupled with the high inflation in Argentina, despite effective
management of our expenses in the region.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Canada Operations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Sales, marketing, distribution
and administrative expenses for our Canadian operations increased by 13.9% in 2021, to R$3,897.3 million from R$3,420.3 million in 2020
driven by an increase in variable compensation to R$115.3 million partially offset by the disciplined execution of our cost saving initiatives.
Reported variation increased due to currency translation impacts as local currency appreciated in relation to the Brazilian <i>real </i>during
the period.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Other Net Operating
Income (Expense)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Other net operating income
decreased by 20.7% in 2021, to R$2,124.1 million from R$2,679.4 million in 2020. This result is mainly explained by a reduction in the
recognition of tax credits related to a 2017 Brazilian Supreme Court decision that declared unconstitutional the inclusion of the ICMS
in the PIS and COFINS calculation basis.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Exceptional Items</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Exceptional items expenses
decreased by 13.1% in 2021, to R$392.8 million from R$452.0&#160;million in 2020.&#160;The expenses recorded in 2021 were mainly due to
restructuring expenses primarily related to centralization and sizing projects in Brazil and Latin America South and exceptional expenses
incurred in 2020 were mainly related to the COVID-19 pandemic, including the actions taken to ensure the health and safety of our employees,
such as the acquisition of hand-sanitizer, masks and additional cleaning of our facilities, as well as donations to the broader community.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 21.3pt"><i>Income from Operations</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a result of the foregoing,
income from operations increased by 6.9% in 2021, to R$17,080.3 million from R$ 15,972.2 million in 2020.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><i>Net Finance Result</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.45pt">Our net finance result
increased by 31.7% in 2021, to an expense of R$3,205.4 million from an expense of R$2,434.5 million in 2020.&#160;This result is mainly
explained by a lower recognition of tax credits, compared to 2020, related to a 2017 Brazilian Supreme Court decision that declared unconstitutional
the inclusion of the ICMS state tax in the tax base of the PIS and the COFINS federal taxes. This is coupled with a higher SELIC rate
and an increase in carry costs for Brazil and Argentina as a result of macroeconomic volatility.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our total debt, including
current and non-current interest-bearing loans and borrowing, decreased by R$1,691.7 million in 2021, while our cash and cash equivalents
and current investment securities less bank overdrafts decreased by R$ 278.5 million in 2021.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Income Tax
Expense</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our consolidated income tax
and social contribution on profits totaled R$636.6 million in 2021 from R$1,762.5 million in 2020.&#160;The effective tax rate in 2021
was 4.6%, compared to 13.1% in the previous year.&#160;Such decrease in our effective tax rate in 2021 was primarily due to a decrease
in taxable income, the reversal of amounts of IRPJ and CSLL calculated over the SELIC interest resulting from the tax credit recognized
by the Company as a result of the decision rendered by the STF in the judgment of RE 574,706/PR, and also the recognition of recoverability
of amounts taxed in the past over the same kind of interest.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Net Income</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a result of the foregoing,
net income increased by 11.9% in 2021, to R$13,122.6 million from R$11,731.9 million in 2020.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Liquidity
and Capital Resources</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Sources and Uses</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The information in this section
refers to 2022 and 2021.&#160;Our primary sources of liquidity have historically been cash flows from operating activities and borrowings.&#160;Our
material cash requirements have included the following:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Opex expenses, such as raw and packaging material, sales &amp; marketing investments and overheads;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">debt service;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">capital expenditures;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">payments of dividends and interest on shareholders&#8217; equity;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">increases in ownership of our consolidated subsidiaries or companies in which we have equity investments;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">investments in businesses participating in the brewing, NAB and malting industries; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">investments in businesses that address emerging consumer&#8217;s needs, such as Future
Beverages and technology platforms.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in; color: #333333"><span style="background-color: white">In
2020, as a result of the COVID-19 pandemic, the market faced uncertainty about the period for the restrictions imposed by each government
on commercial and operational activities, on the circulation of people and on the sale, distribution and consumption of alcoholic beverages,
as well as the economic effects on the financial market and exchange rates. As a consequence, Ambev raised R$3,6 billion in new debt to
improve its liquidity. As volume and profitability partially recovered towards the end of 2020, the loans were fully settled by the end
of 2021. As the scenario and the market conditions remain uncertain, we may enter into new debts to protect our liquidity.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our cash requirements from
known contractual obligations within the next twelve months include:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Short-term debts and the current portion of long-term debts in the amount of R$238.0 million. For more
information see &#8220;Item 5. Operating and Financial Review and Prospects&#8212;B. Liquidity and Capital Resources&#8212;Borrowings&#8221;
and Note 28 to our audited consolidated financial statements;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Lease liabilities in the amount of R$962.9 million. For more information see Note 28&#9; to our audited
consolidated financial statements;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Trade and other payables in the amount of R$29,540.9 million, which&#160;include amounts related to suppliers,
taxes, fees and contributions payables, dividends and interest on equity payable, salaries and charges, put options related to our participation
in subsidiaries and other liabilities, except for related parties, with payment term of less than one year. For more information see Note
28 to our audited consolidated financial statements; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Sales tax deferrals in the amount of R$129.5 million. For more information see &#8220;Item 5. Operating
and Financial Review and Prospects&#8212;B. Liquidity and Capital Resources&#8212;Sales Tax Deferrals and Other Tax Credits&#8221; and
Note 17 to our audited consolidated financial statements.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our long-term cash requirements
under our various contractual obligations and commitments include:</p>


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    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Long-term debt in the amount of R$766.7 million. For more information see &#8220;Item 5. Operating and
Financial Review and Prospects&#8212;B. Liquidity and Capital Resources&#8212;Borrowings&#8221; and Note 28 to our audited consolidated
financial statements;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Lease liabilities in the amount of R$2,694.5 million. For more information see Note 28 to our audited
consolidated financial statements;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Trade and other payables in the amount of R$1,964.0 million. For more information see Note 28 to our audited
consolidated financial statements; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">Sale tax deferrals in the amount of R$1,789.1 million. For more information see &#8220;Item 5. Operating
and Financial Review and Prospects&#8212;B. Liquidity and Capital Resources&#8212;Sales Tax Deferrals and Other Tax Credits&#8221; and
Note 17 to our audited consolidated financial statements.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our cash and cash equivalents
and current investment securities at December&#160;31,2022&#160;and 2021 were R$15,380.9 million and R$18,542.3 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We believe that cash flows
from operating activities, available cash and cash equivalents and current investment securities, along with our derivative instruments
and our access to borrowing facilities, will be sufficient to fund our capital expenditures, debt service and dividend payments going
forward.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Cash Flows </p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 6pt; color: #333333; text-align: justify; text-indent: 28.35pt"><span style="font-style: normal">Our
financial guidelines focus on maximizing shareholder&#8217;s value while keeping financial flexibility to execute strategic projects,
key enablers of our future growth. Therefore, our cash management policy pursues constant protection of our short and long-term liquidity
while minimizing financials risks and volatility. The continuous search for our optimal capital structure enables us to quickly react
to market distress and ensures our solid financial position while working together with our suppliers, wholesalers, customers and credit
market.</span></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Operating Activities</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cash flows from our operating activities decreased by 9.9% in 2022, to
R$20,642.1 million from R$22,901.3 million in 2021, mainly as a result of bonus and capex payments in the first quarter and lower cash
generation in CAC and Canada.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 21.3pt"><i>Investing Activities</i></p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cash flows used in our
investing activities decreased by 35.3% in 2022, to R$5,004.2million from R$7,735.0 million in 2021, mainly explained by a decrease
in intangible and fixed assets <i>acquisitions</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 21.3pt"><i>Surety Bonds</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 21.3pt">In the ordinary course of
our business, we use surety bonds, letters of credit and similar financial instruments (e.g., bank products known as fian&#231;a and/or
seguro-garantia) to secure (i) the performance or payment of obligations under certain agreements and (ii) potential losses in connection
with lawsuits.&#160;In case we are unable to obtain or renew these financial instruments under favorable conditions, or at all, we would
be required to use our own cash to secure those agreements and lawsuits, which could adversely affect our liquidity position. For additional
information on legal proceedings, see Item 8. Financial Information&#8212;A. Consolidated Financial Statements and Other Financial Information&#8212;Legal
Proceedings.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Financing Activities</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cash flows used in our financing activities increased by 1.8% in 2022,
to R$16,337.8 million from R$16,042.0 million cash outflow in 2021, mainly driven by higher capital distribution partially offset by lower
payments from borrowings.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below shows the
profile of our debt instruments:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="7" style="border-top: Black 1pt solid; border-right: Black 1pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Maturity Schedule
    of Debt Portfolio as of December 31, 2022</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; width: 28%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: left"><b>Debt Instrument</b></p></td>
    <td style="text-align: right; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2023</b></p></td>
    <td style="text-align: right; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2024</b></p></td>
    <td style="text-align: right; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2025</b></p></td>
    <td style="text-align: right; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2026</b></p></td>
    <td style="text-align: right; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>2027</b></p></td>
    <td style="text-align: right; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Thereafter</b></p></td>
    <td style="border-right: Black 1pt solid; text-align: right; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Total</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="7" style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b><i>(in R$ million, except percentages)</i></b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>BNDES + FINEP Currency Basket Debt Fixed Rate:</b></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Currency Basket Debt Fixed Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">35.7</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">1.2</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">36.8</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">UMBNDES + Average Pay Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.70%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.70%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-top: 6pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>International Debt:</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Other Latin America Currency Floating Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Other Latin America Currency Fixed Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">98.8</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">217.5</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">29.0</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">26.7</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">49.3</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">421.3</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">10.39%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">10.39%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">10.39%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">US$ Fixed Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">6.2</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6.2</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">14%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">US$ Floating Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">CAD Fixed Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">123.3</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">117.1</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">108.7</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">117.5</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">44.4</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">511.0</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.32%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.32%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.32%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.32%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">5.32%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">CAD Floating Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-top: 6pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b><i>Reais</i> Denominated Debt Floating Rate &#8211;TR:</b></span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">12.3</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">13.4</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">14.7</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">16.1</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">17.6</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">63.3</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">137.3</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">TR + Average Pay Rate&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.61%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.61%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.61%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.61%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.61%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.61%</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-top: 6pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b><i>Reais</i> Debt &#8211; ICMS Fixed Rate:</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">144.4</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">126.5</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">132.7</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">66.5</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">2.4</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">472.5</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.72%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.72%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.72%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.72%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">3.72%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-top: 6pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b><i>Reais</i> Debt &#8211;Fixed Rate:</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">562.0&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;537.3&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;390.5&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;277.4</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><br />
418.3</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><br />
-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><br />
2,185.5</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.53%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.53%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.53%</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.53%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">9.53%</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-top: 6pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b><i>Reais</i> Debt &#8211; Floating Rate:</b></span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="text-align: right; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="text-align: right; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="border-right: Black 1pt solid; text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total Debt</b>&#9;</span></td>
    <td style="border-bottom: Black 1pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>982.6</b></p></td>
    <td style="border-bottom: Black 1pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>1,013.0</b></p></td>
    <td style="border-bottom: Black 1pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>675.6</b></p></td>
    <td style="border-bottom: Black 1pt solid; text-align: right; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>504.2</b></p></td>
    <td style="border-bottom: Black 1pt solid; text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">532.0</p></td>
    <td style="border-bottom: Black 1pt solid; text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">63.3</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: right; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">3,770.7</p></td></tr>
  </table>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0in"><b><i>Borrowings </i></b></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Most of our borrowings are for general use, based upon strategic capital
structure considerations.&#160;Although seasonal factors affect the business, they have little effect on our borrowing requirements.&#160;We
accrue interest based on different interest rates, the most significant of which are: (1) fixed for loans of the Brazilian Economic and
Social Development Bank (<i>Banco Nacional de Desenvolvimento Econ&#244;mico e Social</i>), or the BNDES; (2) the Interest Rate Benchmark
(<i>Taxa Referencial</i>)<i>,</i> or TR, for Brazilian real estate receivables certificates (<i>certificado de receb&#237;veis imobili&#225;rios</i>)
and (3) fixed for international loans.&#160;For further information, see Note 23 of our audited consolidated financial statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth our net cash consolidated position as of December&#160;31, 2022 and 2021:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="6" style="border-top: Black 1pt solid; border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Net Cash Consolidated
    Position<br />
    As of December 31</b></p></td></tr>
  <tr>
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="3" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="3" style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td></tr>
  <tr>
    <td style="border-left: Black 1pt solid; vertical-align: top; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>LC(1)</b></p></td>
    <td style="vertical-align: bottom; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>FC(2)</b></p></td>
    <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Total</b></p></td>
    <td style="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>LC(1)</b></p></td>
    <td style="vertical-align: bottom; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>FC(2)</b></p></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Total</b></p></td></tr>
  <tr>
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td colspan="6" style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt"><b><i>(in R$ million)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Short-term debt&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(754.3)</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(228.2)</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(982.6)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(689.3)</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">(157.9)</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;(847.1)</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Long-term debt&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(2,077.9)</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(710.3)</p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(2,788.1)</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(1,737.0)</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(516.5)</p></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">(2,253.5)</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(2,832.2)</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(938.5)</b></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(3,770.7)</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(2,426.3)</b></p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(674.3)</b></p></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>(3,100.6)</b></p></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Cash and cash equivalents (net of bank overdrafts)&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">14,852.1</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">16,597.2</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt">Current Investment securities&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">454.5</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">1,914.6</p></td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; text-align: left; text-indent: -0.1in"><span style="font-size: 8pt"><b>Net cash position</b>&#9;</span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>11,535.9</b></p></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>15,411.2</b></p></td></tr>
  </table>
<!-- Field: Rule-Page --><div style="margin: 1pt 5in 1pt 0in"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(1)</td><td style="text-align: left">LC refers to our local currency indebtedness.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(2)</td><td style="text-align: left">FC refers to our foreign currency indebtedness.</td></tr></table>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Short-term
Debt</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022,
our short-term debt totaled R$982.6 million, 23.2% of which was denominated in foreign currencies. As of December 31, 2021, our short-term
debt totaled R$847.1 million, 18.6% of which was denominated in foreign currencies.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Long-term Debt</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022,
our long-term debt, excluding the current portion of long-term debt, totaled R$2,788.1 million, of which R$2,077.9 million was denominated
in local currency. As of December 31, 2021, our long-term debt, excluding the current portion of long-term debt, totaled R$2,253.5 million,
of which R$1,737.0 million was denominated in local currency.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below shows a breakdown
of our long-term debt by year:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top; width: 87%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>As of December
    31, 2022 </b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Long-term Debt Maturity in:</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$<br />
million)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify"><span style="font-size: 8pt">2024&#9;</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;1,013.1</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify"><span style="font-size: 8pt">2025&#9;</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">&#160;&#160;&#160;&#160;&#160;675.6&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify"><span style="font-size: 8pt">2026 and Later&#9;</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">1,099.4</p></td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>Total</b>&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: right">2,788.1</p></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In accordance with our foreign
currency risk management policy, we have entered into forward and cross-currency interest rate swap contracts in order to mitigate currency
and interest rate risks. See &#8220;Item 11. Quantitative and Qualitative Disclosures About Market Risk&#8221; for our policy with respect
to mitigating foreign currency and interest rate risks through the use of financial instruments and derivatives.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt">As of December&#160;31, 2022,
our local currency long-term debt borrowings consisted primarily of lease liabilities (in accordance with IFRS 16) and loans from governmental
agencies and BNDES. Long-term local currency also includes long-term plant expansion and other loans from governmental agencies and special
BNDES credit lines and programs, such as the Fund for Financing the Acquisition of Industrial Machinery and Equipment (FINAME), the Enterprise
Financing Program (FINEM) and leasing of furniture, vehicles, machinery and equipment.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Secured Debt</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 21.3pt"><span style="font-weight: normal">Certain
loans provided by the BNDES are secured by some of our facilities and some of our equipment (mainly coolers).</span></p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Sales Tax Deferrals
and Other Tax Credits</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Many states in Brazil offer
tax benefits programs to attract investments to their regions. We participate in ICMS Value-Added Tax Credit Programs offered by various
Brazilian states which provide (1) tax credits to offset ICMS Value-Added Tax payables and (2) ICMS Value-Added Tax deferrals. In return,
we are required to meet certain operational requirements including, depending on the state, production volume and employment targets,
among others. All of these conditions are included in specific agreements between Ambev and the state governments. In the event that we
do not meet the program&#8217;s targets, future benefits may be withdrawn. The total amount deferred (financing) as of December&#160;31,
2022 was R$ 472.5 million with a current portion of R$ 144.4&#160;million, and R$ 328.1&#160;million as non-current. Percentages deferred
typically range from 46% to 75% over the life of the program. Balances deferred generally accrue interest and are partially inflation
indexed, with adjustments generally set at 60% to 75% of a general price index. The grants (tax waivers) are received over the lives of
the respective programs. In the years ended December&#160;31, 2022 and 2021, we recorded R$ 2,535.1 million and R$ 1,883.1 million, respectively,
of tax credits as gains on tax incentive programs.</p>


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<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Capital Investment
Program</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2022, consolidated capital expenditures on property, plant and equipment and intangible assets totaled R$6,533.1 million, consisting
of R$4,062.9 million for our Brazil business segment, R$968.4 million for our CAC business segment, R$1,112.8 million related to investments
in our Latin America South operations and R$389.0 million related to investments in Canada. These expenditures primarily included investments
in capacity expansion, quality controls, automation, modernization and replacement of packaging lines, innovations, warehousing for direct
distribution, coolers, expenditures for the replacement of bottles and crates, and continued investments in information technology.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 35.45pt"><span style="font-style: normal; font-weight: normal">In
2021, consolidated capital expenditures on property, plant and equipment and intangible assets totaled R$7,677.1 million consisting of
R$4,645.2 million for our Brazil business segment, R$801.6 million for our CAC business segment, R$1,665.4&#160;million related to investments
in our Latin America South operations and R$564.9 million related to investments in Canada. These expenditures primarily included investments
in capacity expansion, quality controls, automation, modernization and replacement of packaging lines,&#160;innovations, warehousing for
direct distribution, coolers, expenditures for the replacement of bottles and crates, market assets from former dealers, and continued
investments in information technology.</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Research
and Development</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.45pt">Although the COVID-19 pandemic
has created significant challenges for our business, it has also accelerated consumer trends that we have been investing on, primarily
reinforcing the need for an innovative, consumer-centric mindset and advancing our business transformation enabled by technology. Innovation
has become one of the main pillars of our business and front and center to our commercial strategy and despite a detailed revision of
our discretionary expenses in order to ensure our liquidity, research and development is and continued to be seen as fundamental for us
to continue providing our consumers with innovations.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.45pt">We maintain an innovation, research and development center in the city
of Rio de Janeiro, State of Rio de Janeiro, at the <i>Universidade Federal do Rio de Janeiro</i> (UFRJ). This new center (ZITEC &#8211;
Zone Innovation and Technology Center) replaces the previous R&amp;D structure based in Guarulhos. ZITEC commenced operations in the final
months of 2017, ramping up activities in 2018, in order to accelerate product innovation by developing new liquids and the most modern
packaging to assure continuous product differentiation and yearly increases in quality and efficiency. One of the main features of the
development center is the prototype laboratory, which enables the creation of complete prototypes, supporting the process of creating
new products. Another objective of the development center is to carry out studies of consumers&#8217; perception and behavior, in order
to capture future trends. ZITEC made it possible for Ambev to reduce the time to launch innovations, from eight to four months. In 2020,
continuing with our innovation driven strategy, we launched <i>Berri&#243;</i> and <i>Esmera</i>, two brands made with local crop productions
from in the States of <i>Piau&#237;</i> and <i>Goi&#225;s</i>, respectively, <i>Andes Origens</i> and the most successful innovation
in Ambev&#8217;s history, <i>Brahma Duplo Malte</i>. In 2021, we continued to expand our assortment with the launch of Michelob Ultra
and <i>Spaten </i>in Brazil, a Munich Helles style, pure-malt beer. In 2022, two of our main innovations were Budweiser Zero, which was
recognized as the best non-alcoholic beer on the Brazilian market by the newspaper &#8220;O Estado de S&#227;o Paulo&#8221;, and Caipi
Beats, a new member of Beats family with caipirinha (a popular Brazilian drink) flavor and made with cacha&#231;a. As for innovations
in packaging, we developed the exclusive KEG 5L technology, which was awarded the Best Packaging Technology in 2022 by ABRE (<i>Associa&#231;&#227;o
Brasileira de Embalagem</i>), reinforcing our commitment to Sustainability. The investment made in the development center in the last
three years was approximately R$ 96.0 million, including the R$ 11 million in 2021 and R$36 million in 2022.</p>



<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">D.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Trend
Information </p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our strategy for 2023
will continue to be built around our brands, innovation, technology and collaboration with our ecosystem.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are implementing a
new version of our main ERP System - S4 Hana, a SAP platform- which will help us book all the transactional data used in our
Brazilian operations, which, if not successful, may subject us to adverse effects, increased costs associated with diminished
productivity and operating inefficiencies. For further information on risks related to modifications and upgrades to our systems,
see &#8220;Item 3. Key Information&#8212;Risk Factors&#8212;Information technology failures, including failures to implement
upgrades and new technologies effectively or those that affect the privacy and security of sensitive customer and business
information, could disrupt our operations.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Also, in terms of costs,
although input cost pressure remains a headwind, we expect to face less pressure than in 2022, with our average BRL/USD hedge rate for
2023 at 5.10, and aluminum hedge as a tailwind. Assuming current commodity prices, we expect our COGS excluding depreciation and amortization
per hectoliter in Brazil Beer (excluding non-Ambev marketplace products) to increase between 6.0-9.9%, for the full year of 2023, mostly
due to general inflation and higher costs of certain commodities.</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.45pt">For detailed information
regarding the latest trends in our business, see &#8220;&#8212;A. Operating Results&#8212;Year Ended December&#160;31, 2022 Compared to
Year Ended December&#160;31, 2021&#8221; and &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;Description of
the Markets Where We Operate.&#8221;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">E.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Critical
Accounting Estimates</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.3pt"><span style="font-style: normal; font-weight: normal">Our
audited consolidated financial statements are presented in accordance with IFRS, as issued by the IASB. The preparation of financial
statements in conformity with IFRS requires our management to make judgments, estimates and assumptions that affect the application
of accounting practices and the reported amounts of assets and liabilities, income and expenses. The estimates and associated
assumptions are based on past experience and various other factors that are believed to be reasonable under the circumstances, the
results of which form the basis for decision making regarding the judgments about carrying amounts of assets and liabilities that
are not readily evident from other sources. Actual results may differ from these estimates. Notes 3 and 4 to our audited
consolidated financial statements include a summary of the critical accounting policies and estimates applied in the preparation of
these financial statements. The estimates and assumptions are reviewed on a regular basis. Changes in accounting estimates may
affect the period in which they are realized, or future periods.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have adopted these new accounting standards on the effective date required
and, therefore, the audited financial statements included in this annual report as of December 31, 2020 the application of extemporaneous
credits.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following policy was
adopted by management during the 2020 reporting period:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Accounting policies for the recognition of extemporaneous tax credits and
debts &#8211; The accounting policy for the recognition of extemporaneous (related to previous periods) tax credits and debits considered
the account origin of the credit or debit up to September 30, 2020. For example, &#8220;cost of products sold&#8221; is the account of
origin for the extemporaneous tax credits or debits related to the acquisition of raw materials. In the same way, depreciation expenses
are the account of origin of extemporaneous tax credits or debits related to acquisitions of property, plant and equipment. Following
this accounting policy, which has been applied consistently up to the third quarter of 2020, credits referring to the exclusion of circulation
of goods and services tax (&#8220;ICMS&#8221;) from the social integration program (&#8220;PIS&#8221;) and contribution to the financing
of social security (&#8220;COFINS&#8221;) calculation base have been recognized as a reduction in sales tax expenses, with a positive
effect on Net Revenue.</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt; text-align: justify; text-indent: 35.3pt">In the third quarter
of 2020, the Company (i) obtained final favorable decisions on: (a) lawsuits involving subsidiaries claiming refunds of the PIS and COFINS
portion calculated with the inclusion of the ICMS and/or ICMS-ST relating to the period from 1990 onward, and (b) lawsuits involving the
Company and its subsidiaries, specifically for the period in which the Special Beverage Regime &#8211; (&#8220;REFRI&#8221;) was in place
(2009 to 2015), and (ii) is awaiting decisions in lawsuits related to the current taxation model (&#8220;New Tax Model&#8221;) from 2015
onwards. The amounts involved in these lawsuits, referred to in items (i.b) and (ii), are significantly higher than those previously recognized,
both for credits of the same type, as for recoveries or tax payments.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 12pt; text-align: justify; text-indent: 35.3pt">The Company changed
its accounting policy to one which better reflects the effects of the recognition of credits arising from final favorable decisions in
the lawsuits mentioned above. The previous accounting policy could have given a distorted analysis of the performance for the year, due
to the significant increase in the value of credits, so the Company changed its accounting policy to record credits and other extemporaneous
tax payments, of any nature, in Other Operating Income (expenses) and, thus is no longer following the original accounting treatment.
However, this change in accounting policy does not impact the Net Income, or any of the other balance sheet schedules previously presented,
or the amounts recorded in the financial results.</p>




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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><i>&#160;</i></p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Predecessor basis
of accounting</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In accordance with IAS 8,
Management has adopted the predecessor basis of accounting, which is consistent with United States Generally Accepted Accounting Principles
(&#8220;USGAAP&#8221;) and United Kingdom Generally Accepted Accounting Principles (&#8220;UKGAAP&#8221;), to record the carrying amount
of the asset received, as recorded by the parent company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the predecessor basis
of accounting, when accounting for a transfer of assets between entities under common control, the entity that receives the net assets
or the equity interests (the acquirer) shall initially record the assets and liabilities transferred at their parent book value as at
the transfer date. If the book value of the assets and liabilities transferred by the parent is different from the historical cost recorded
by the controlling entity of the entities under common control (the ultimate parent), the financial statements of the acquirer shall reflect
the assets and liabilities transferred at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the
carrying value adjustments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Business combination
between entities under common control</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Business combinations between
entities under common control have not been addressed under IFRS how they should be disclosed remains unclear. IFRS 3 - Business Combinations
is the standard applicable to business combinations, but its scope explicitly excludes business combinations between entities under common
control, thus, in evaluating transactions of this nature, Management&#8217;s judgment is required to adequately reflect the essence and
economic reality of each transaction.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Goodwill</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Goodwill arises on acquisitions
of subsidiaries, associates, and joint arrangement and it is determined as the excess between the sum of (i) the consideration paid in
exchange for control of the acquiree; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii)
the fair value, at the acquisition date, of any previous equity interest in the acquiree, over the fair value of the net identifiable
assets acquired and liabilities assumed, measured in accordance with IFRS 3 - &#8220;Business Combinations&#8221; as at the date of acquisition.
All business combinations are accounted for using the purchase method.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In compliance with IFRS 3
- &#8220;Business Combinations&#8221;, goodwill is carried at cost and not amortized, but is tested for impairment at least annually,
or whenever there are indications that the cash generating unit (&#8220;CGU&#8221;) to which the goodwill has been allocated could be
impaired. Impairment losses recognized on goodwill are not reversed. Gains and losses on the disposal of an entity include the carrying
amount of goodwill relating to the entity sold.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Goodwill is expressed in
the functional currency of the CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If the Company&#8217;s interest
in the net fair value of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business
combination, such excess is recognized immediately in the income statement. Expenditure on internally generated goodwill is expensed as
it is incurred.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Goodwill includes the effects
of applying the predecessor basis of accounting (Note 3 (c) to our consolidated financial statements). For associates and joint ventures,
goodwill is included in the carrying amount of the investment in the associate/joint venture.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Joint arrangements</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Joint arrangements are all entities over which the Company shares control
with one or more parties. Joint arrangements are classified either as joint operations or joint ventures depending on the contractual
rights and obligations of each investor.<i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"></p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Financial reporting in
hyperinflationary economies</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under IAS 29, the non-monetary
assets and liabilities, the equity and the income statement of subsidiaries operating in hyperinflationary economies are restated to
reflect changes in the general purchasing power of the local currency by applying a general price index. The financial statements of
an entity whose functional currency is the currency of a hyperinflationary economy, whether using the historical costs approach or the
current costs approach, shall be stated in terms of the unit of measurement in force at the end of the reporting period, and translated
into Reais at the closing rate for the period.</p>




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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Income tax
and social contribution</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Income tax and social contribution
for the year comprises current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless
they relate to items recognized directly in comprehensive income or other equity accounts. In these cases, the tax effect is also recognized
directly in comprehensive income or equity account (except interest on shareholder&#8217;s equity &#8211; see Note 3(i) to our consolidated
financial statements).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The current tax expense is
the expectation of payment on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet
date, and any adjustment to tax payable in respect of previous years.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Deferred taxes are recognized
using the balance sheet liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible
temporary differences between the tax and accounting basis of assets and liabilities. Under this method, a provision for deferred taxes
is also calculated on the differences between the fair value of assets and liabilities acquired in a business combination and their tax
basis. IAS 12 prescribes that no deferred tax liability on goodwill recognition, and no deferred tax asset/liability is recorded: (1)&#160;at
the initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction
affects neither accounting nor taxable profit or loss and (2) on differences related to investments in subsidiaries to the extent that
they are not reversed in the foreseeable future. The amount of deferred tax provided is based on the expectation of the realization or
settlement of the temporary difference, using currently or substantially enacted tax rates.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Deferred tax assets and liabilities
are offset if there is a legally enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied
by the same tax authority on the same taxable entity, or on different taxable entities which intend either to settle current tax liabilities
and assets on a net basis, or to realize the assets and settle the liabilities simultaneously.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The deferred tax asset is
recognized only to the extent that it is probable that future taxable profits will be available. The deferred income tax asset is reduced
to the extent that it is no longer probable that the future taxable benefit will occur.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our aggregate weighted nominal
tax rate applicable for the years ended December&#160;31, 2022, 2021 and 2020 was 29.5%, 27.4% and 30.3%, respectively.&#160;For the years
ended December&#160;31, 2022, 2021 and 2020, our IFRS effective tax rate was (4.6%), 4.6% and 13.1%, respectively.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"></p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The main events that impacted
the effective tax rate in 2022 were:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 35.45pt"></td><td style="width: 21.25pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>government subsidies for sales taxes</i>: we have state tax incentives within certain local manufacturing
that when reinvested are not taxed for income tax purposes, which explains the impact in the effective tax rate. The amounts are impacted
by fluctuations in production volumes, pricing and eventual fluctuations in state taxation rates;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 35.45pt"></td><td style="width: 21.25pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>complement of income tax on foreign subsidiaries due in Brazil</i>: our Brazilian resident subsidiaries
are subject to taxation on worldwide income, according to the regulations of Law 12,973/14;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 35.45pt"></td><td style="width: 21.25pt"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><i>withholding income tax:</i> the amount is mainly related to dividends already distributed and to be
distributed by subsidiaries located outside of Brazil, applicable according to local tax legislation. The amounts recorded in 2022 refer
mainly to the exchange variation of deferred income tax balances.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 35.45pt"></td><td style="width: 21.25pt"><span style="font-family: Symbol; color: windowtext">&#183;</span></td><td style="text-align: justify"><i>deductible interest on net equity</i>: under Brazilian law, companies have the option to distribute
interest on equity (or &#8220;JCP&#8221;), impacted by the taxable result, profit reserves and the long-term interest rate, or TJLP, which
are deductible for income tax purposes under the applicable legislation; in 2022 we distributed approximately R$12 billion as interest
on equity, resulting in a tax impact of approximately R$4 billion;</td></tr></table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Leases</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">With the adoption of IFRS
16 &#8211; Leasings, the Company began to recognize a right-of-use asset and a liability at the date of the beginning of the lease term.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company recognizes the right-of-use asset and a corresponding lease
liability related to all lease contracts which is the lessee, except for short-term leases (defined as leases with terms of 12-month or
less) and leases of low value assets, that comprehend goods with value equal or below US$5,000.00. To these leases, the Company recognizes
the lease payments as operating expense during the lease course.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Currently, the main leases
by the Company are related to trucks, forklifts, real estate, commercial vehicles and industrial equipment contracts.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The lease liability is initially measured at lease payments present value,
discounted by using the rate implicit in the lease. If the rate cannot be promptly determined, the Company uses its incremental loan rate
specific for the country, deadline and currency of the contract or other local criteria.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Lease payments include fixed payments, less any lease incentives, variable
lease payments that depend on an index or known rate at the commencement date, and purchase options or extension options payments if the
Company is reasonably certain to exercise these options. All contracts establish an annual readjustment of payments according to the rates
established in the contract.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A lease liability is remeasured upon a change in the lease term or on the
future payments and the corresponding adjustment is also made in right-of-use assets.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company applies IAS 36
to determine if right-of-use assets are subject to impairment and to record eventual losses by impairment.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The lease liability is disclosed in the &#8220;Interest-bearing loans and
borrowing&#8221; line and the right-of-use assets are disclosed in the &#8220;Property, plant and equipment&#8221; line of the balance
sheet.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"></p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Recognition
of assets and liabilities relating to extemporaneous tax debits or credits</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The accounting policy applied by the Company considers the extemporaneous
tax credits and debits of any nature as determined by IAS 37 - Provisions, Contingent Liabilities and Contingent Assets, except for income
taxes, which the Company applies the policy disclosed in item (i) &#8211; Income tax and social contribution of this note.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Credits are recognized only
when Management has elements that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient
reliability to enable it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be
reliably measured, the amounts are not recognized in the account, but presented in Note 30 - Contingencies related to contingent assets.
Management understands that, in cases of lawsuits involving contingent assets, a final and unappealable decision on the specific lawsuit
of the Company is required to confirm the existence of its rights, except where specific circumstances pertinent to the case allow the
recognition of its rights with sufficient objectivity and reliability.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Debits are recognized only when (i) these are based on a past event; (ii)
there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will be required; and (iv)
the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot be sufficiently reliably
measured, the amounts are presented in Note 30 - Contingencies to our consolidated financial statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Contingent assets and liabilities
are assessed periodically to ensure that they are appropriately reflected and disclosed in the financial statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 35.45pt">From October 1, 2020, the
accounting policy for the recognition of assets and liabilities of extemporaneous tax credits and debits of any nature to record as &#8220;Other
operating income/(expenses)&#8221;, with an exception for amnesty payments, accounted for as exceptional items, given their one-off nature.</p>



<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"></p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Employee benefits</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(i) Post-employment benefits</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Post-employment benefits
include pensions managed in Brazil by Instituto Ambev de Previd&#234;ncia Privada (&#8220;IAPP&#8221;), post-employment dental benefits
and post-employment medical benefits managed by Funda&#231;&#227;o Zerrenner. Usually, pension plans are funded by payments made by
both the Company and its participants, considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment
medical benefit obligations are funded using the returns on the assets of the Funda&#231;&#227;o Zerrenner plan. If necessary, the
Company may contribute some of its profits to Funda&#231;&#227;o Zerrenner.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company manages defined
benefit and/or defined contribution plans and/or medical and dental assistance plans for the employees of its companies located in Brazil
and its subsidiaries located in the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company maintains both
funded and unfunded plans.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(ii) Defined contribution
plans</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A defined contribution plan
is a pension plan under which the Company pays fixed contributions into a fund. The Company has no legal or constructive obligations to
pay further contributions if the fund does not hold sufficient assets to pay all employees for the benefits relating to their service
in the current and prior periods.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The contributions to these
plans are recognized as expenses in the period during which they are incurred.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(iii) Defined benefit
plans</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Typically, defined benefit
plans define an amount of pension benefit that an employee will receive upon retirement, usually dependent on one or more factors such
as age, years of service and compensation level.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For defined benefit plans, expenses are assessed separately for each plan
using the projected credit unit method. The projected credit unit method considers that each period of service gives rise to an additional
unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions is charged to the income
statement over the period of service of the employee. The amounts charged to the income statement consist of current service costs, interest
costs, past service costs and the effect of any agreements and settlements. The obligations of the plan recognized in the balance sheet
are measured at the present value of the estimated future cash outflows using a discount rate equivalent to the government&#180;s bond
rates with maturity terms similar to those of the respective obligation and the fair values of the plan assets.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Past service costs arise
from the introduction of a new plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier
of: (i) when the settlement/curtailment occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless
those changes are conditional upon the employee&#8217;s continued employment, for a specific period of time (the period in which the rights
are acquired). In such cases, past services costs are amortized using the straight-line method over the period during which the rights
were acquired.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Actuarial gains and losses
consist of the effects of differences between the previous actuarial assumptions and the actual results, and the effects of changes in
actuarial assumptions. Actuarial gains and losses are fully recognized in carrying value adjustments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Remeasurements, representing
actuarial gains and losses, the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized
in full in the period in which they occur in the statement of comprehensive income. Remeasurements are not reclassified to profit or loss
in subsequent periods.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">When the amount of the defined
benefit obligation is negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic
benefit available to the Company either from refunds or reductions in future contributions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(iv) Other post-employment
obligations</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company and some of its
subsidiaries provide post-employment medical benefits, the reimbursement of medication expenses and other benefits to certain retirees.
These benefits are not granted to new retirees. The expected costs of these benefits are recognized over the period of employment, using
an accounting methodology like that for defined benefit plans, including actuarial gains and losses.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(v) Termination benefits</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Termination benefits are
recognized as expenses at the earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal,
to a formal detailed plan to terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related
to restructuring.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(vi) Bonuses</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Bonuses granted to employees
and managers are based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an
expense in the period during which the bonus is earned.</p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Share-based
payments</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Different share based and
stock option programs allow management and other members appointed by the Board of Directors and People Committee, as each case, to acquire
shares in the Company as in Note 25 - Share-based payments to our consolidated financial statements.</p>

<p style="font: italic 10pt Times New Roman,serif; margin: 10pt 0 0 18pt; text-align: justify; text-indent: 0cm">Provisions and Contingent
Liabilities</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Provisions are recognized
when: (i) the Company has a present obligation (legal or constructive) as a result of past events; (ii) it is likely that a future disbursement
will be required to settle the current obligation; and (iii) the amount of the obligation can be estimated reliably</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Provisions, except for those
mentioned in the line item Disputes and litigation, are determined by discounting the expected future cash flow, to a pre-tax rate, which
reflects the current market assessments of the time value of money and, where appropriate, the risks specific to the liability.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(i) Restructuring</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A provision for restructuring
is recognized when the Company has approved a detailed restructuring plan, and the restructuring has either commenced or been announced.
Costs relating to the ongoing and future activities of the Company are not provided for but are recognized when expenses are incurred.
The provision includes the benefit commitments in connection with early retirement and redundancy schemes.&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(ii) Disputes and Litigations</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A provision for disputes
and litigation is recognized when it is more likely than not that the Company will be required to make future payments as a result of
past events. Such items may include but are not limited to, claims, suits and actions filed by or against the Company relating to antitrust
laws, violations of distribution and license agreements, environmental matters, employment-related disputes, claims from the tax authorities,
and other matters.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(iii) Contingent liabilities</i></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company and its subsidiaries have tax, civil and labor lawsuits defined
as contingent liabilities, according to IAS 37, for which no provisions have been recorded, due to the judgment by management for developing
the estimate. Possible contingent liabilities are not recognized but are disclosed in note 30 &#8211; Contingencies to our consolidated
financial statements. The contingent liabilities with remote possibility of outflow in settlement are not disclosed, as the possibility
of any disbursement in the settlement is remote, in accordance with IAS 37.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">From the fourth quarter of
2022 onwards, the nomenclature of the accounting policy &#8220;provisions&#8221; was changed to &#8220;provisions and contingent liabilities&#8221;.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Financial Instruments
and hedge accounting</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(i) Classification and
Measurement</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The company uses
financial instruments to implement its risk management strategy and policy. Derivatives are generally used to mitigate the impact on
the Company&#8217;s performance due to changes in foreign currencies, interest rates, equity prices and commodity prices. The
Company&#8217;s financial risk management policy prohibits the use of derivatives not related to the Company&#8217;s core
business.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Financial assets (except
for accounts receivable without a significant financing component) or financial liabilities are initially measured at fair value, plus,
for an item not measured at fair value through profit or loss, transaction costs directly attributable to their acquisition or issue.
Accounts receivable without a significant financing component are initially measured at the transaction price.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Upon initial recognition,
a financial asset is classified either: (i) at amortized cost; (ii) at fair value through other comprehensive income - debt instruments;
(iii) at fair value through other comprehensive income - equity instruments; or (iv) at fair value through profit or loss.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Financial assets are not
reclassified subsequently to initial recognition, unless the Group changes the business model for the management of financial assets,
in which case all impacted financial assets are reclassified on the first day of the post-change business model.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The classification of the
Company&#8217;s financial assets is as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#9642; Debt instruments
at fair value through other comprehensive income, with gains or losses recycled to profit or loss upon derecognition. Financial assets
in this category quoted debt instruments held by the Company in line with its business model either to collect cash flow or for sale.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#9642; Equity instruments
designated as at fair value through other comprehensive income, with no recycling of gains or losses to the profit or loss upon derecognition.
This category only includes equity instruments which the company intends to hold for the foreseeable future, and which it has irrevocably
elected to classify thus upon their initial recognition or transition. These instruments are not subject to impairment testing.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#9642; Financial assets
and liabilities at FVPL: comprise derivative instruments and equity instruments which were not designated as FVOCI. This category also
includes debt instruments with cash flow characteristics which are not held within a business model with the objective either to collect
contractual cash flow, or both to collect contractual cash flow and for sale.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The measurement of the Company&#8217;s
financial assets is as follows:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Hedge accounting</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The company designates certain
derivatives as hedging instruments to hedge the risk related to the variability of foreign exchange rates, interest rates and commodity
prices. Derivative financial instruments, that are contracted to protect against the exposure, but that do not meet all of the hedge accounting
requirements, will be recognized at fair value through profit or loss.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Derivative financial instruments are initially recognized at fair value.
The fair value is the value at which an asset can be realized, or a liability settled, between knowledgeable and willing to negotiate
parties of such financial instruments&#8217; characteristics under normal market conditions. The fair value of derivative financial instruments
can be obtained from market prices or from pricing models that reflect current market rates, as well as the credit quality of the counterparty.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Subsequent to initial recognition,
derivative financial instruments are remeasured to their fair value as at the date of the financial statements. Changes in the fair values
of derivative financial instruments are recognized in current income, except when these instruments are cash flow hedges or net investment
hedges, where portions of gains or losses on the hedge instrument defined as effective hedges are recognized in comprehensive income.
The hedge designated instrument is the effective element present in the term contract, of which only the present element value change
is recognized in comprehensive income. The term element, which can be separated and excluded from the financial instrument designation
as hedge instrument is recognized in financial result, in accordance with IFRS 9 - Financial Instruments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company contracts commodities
derivatives which have similar terms to the hedged items. The Company applies component hedging to its commodities. The hedged component
is contractually specified and matches with what is defined in the derivative contract, and therefore the hedge ratio is always 1:1. Hedge
effectiveness is assessed on a qualitative basis. Whenever the terms do not match, the company uses the hypothetical derivatives method
to assess the hedge effectiveness. Therefore, usually causes of ineffectiveness include changes in the timing of forecast transactions,
changes in the quantity of the commodity to be hedged, or changes in the credit risk of either party to the derivative contract.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Cash flow hedge accounting</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Cash flow hedges are used
to protect the cash flow exposure of a recorded asset or liability, or the foreign currency risk or commodity price variations associated
with a highly probable transaction, the effective portion of any (gain or loss) on the derivative financial instrument is recognized directly
in the comprehensive income statement (cash flow hedge reserve), and will be reclassified from the cash flow hedge reserve to the same line item within which and the same period
during which the cash flow futures were hedged. The ineffective portion of any gain or loss is recognized immediately in the current income
statement, in the financial result.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">When a hedging instrument
or a hedging relationship is terminated, but the hedged transaction is still expected to occur, the cumulative gains and losses (up to
the date of termination) remain within comprehensive income, being reclassified in accordance with the above practice, when the transaction
being protected occurs. If the hedged transaction is no longer probable, the accumulated gains and losses recognized in comprehensive
income are reclassified immediately to the current income statement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Fair value hedge accounting</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">When a derivative is intended
to hedge the variability in the fair value of a recognized asset or liability, or of a firm commitment, any resulting (gain or loss) on
the hedging instrument is recognized in profit or loss. The carrying amount of the hedged item is also adjusted for changes in the fair
value related to the risk being hedged, with any gain or loss being recognized in the income statement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>Net investment hedge accounting</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">When a non-derivative foreign
currency liability hedges a net investment in a foreign operation, exchange differences arising on the translation of the liability into
the functional currency are recognized directly in other comprehensive income (translation reserves). Any ineffectiveness is recognized
immediately in profit or loss.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">When a derivative financial
instrument hedges a net investment in a foreign operation, the portion of the gain or loss on the hedging instrument that is determined
to be effective is recognized directly in other comprehensive income (translation reserves), while the ineffective portion is reported
in profit or loss.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(ii) Derivatives at fair
value through profit or loss</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Certain derivative financial
instruments do not qualify for hedge accounting. Changes in the fair values of any of those derivative financial instruments are recognized
immediately in profit or loss.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>(iii) Impairment of financial
assets </i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On an annual basis, Management
performs impairment testing for financial assets or groups of financial assets. If a trigger event occurs, a financial asset or group
of financial assets will be deemed to be impaired. An asset or group of financial assets is deemed impaired, and impairment losses are
recorded, only if there is evidence of impairment as a result of one or more events occurring after the initial recognition of the assets
(a &#34;loss event&#34;) and that event (or events) has an impact on the estimated future cash flow from the financial asset or group
of financial assets and can be estimated reliably.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Impairment
of non-financial assets</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The carrying amounts of non-financial
assets, such as property, plant and equipment and intangible assets with defined useful lives are reviewed, at least, at
each reporting date to determine the existence of any indication of impairment. If there is any indication, the asset&#8217;s recoverable
amount is estimated, and the non-recoverable amount is recognized as an impairment in the income statement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The goodwill and
intangible assets with indefinite useful life are tested for impairment on an annual basis, regardless of any indication, by
comparing its accounting value with its recoverable value.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Goodwill, intangible assets
not yet available for use, and intangibles with indefinite useful lives, are tested for impairment at the business unit level (one level
below the reportable segment level) at least annually, or whenever there is any indication of impairment.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">An impairment loss is
recognized whenever the carrying amount of an asset or the related cash-generating unit (&#8220;CGU&#8221;) exceeds its recoverable
amount. Impairment losses are recognized in the income statement. Intangible assets with an indefinite useful life are tested on a
fair value approach applying multiples that reflect current market transactions to indicators that drive the profitability of the
asset or the royalty stream that could be obtained from licensing the intangible asset to another party in an arm&#8217;s length
transaction.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-indent: 20pt; text-align: justify"></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The recoverable amounts of other assets are determined as the higher of
their fair value less costs to sell and their value in use. For an asset that does not generate substantially independent cash inflows,
the recoverable amount is allocated to the CGU to which the asset belongs. The recoverable amounts of the CGU to which the goodwill and
the intangible assets with indefinite useful lives belong are based on the fair value net of selling expenses, using EBITDA multiples
observed in the market for previous business combinations involving comparable businesses in the brewing industry. For some CGUs, these
calculations are corroborated using the fair-value less costs of disposal approach, where the free cash flow of these CGUs is discounted
to fair value using a discount rate after tax that reflects current valuation models for the time value of money, and the risks specific
to the asset.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Non-financial assets, except
for goodwill, are reviewed for the possible reversal of the impairment at the reporting date. Impairment losses are reversed only to the
extent that the asset&#8217;s carrying amount does not exceed the carrying amount that would have been determined, net of depreciation
or amortization, if no impairment loss had been recognized.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Tax incentives
and subsidized loans</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company is entitled to state tax benefits in Brazil, provided by government
grants. Referred grants may be in the form of rate reduction, calculation basis reduction, financing or subsidized loans, presumed credits,
effective collection, payment deferral or partial reductions of state tax payable. The effective collection incentives are recorded in
the operating net revenue, due to its nature, as the others are recognized in other operating income.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As before mentioned, among the tax incentives granted to the Company, there
are state tax incentive programs to promote industrial development either by financing or by deferring payment of taxes. These state programs
are intended to promote, in the long-term, increases in employment rates, industrial decentralization, as well as to complement and diversify
states industrial matrix.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the case of these programs, the tax terms are set out in the respective
state normative acts and state concessive acts, depending on their nature, when conditions for obtaining these grants exist, they are
under the Company's control. Such benefits comply with the systematic set by Complementary Federal Law 160/2017 and by Conv&#234;nio
CONFAZ 190/2017. The benefit of deferred the payment of such taxes is recorded in the income statement, on an accrual basis.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The financing or payment deferral forms of benefits, as the interest rates
and terms of these loans could be advantageous compared to market conditions, are considered as subsidized loans as intended by IAS 20.
The respective subsidies consist of the gains identified by comparing the value of these operations under the market conditions to the
value agreed in the contracts. Thereby, upon receipt of funding, the subsidy calculated is recorded in Other operating income, following
the treatment for the other ICMS subsidies of similar nature. Management reviews the market conditions prevailing in the year to assess
such subsidies on an annual basis.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Monthly, considering the
value of the consideration, the period to maturity, the contract interest rate and the abovementioned discount rate, the reduction in
present value adjustment is allocated to financial income, to bring the balance to zero by the time of settlement of each consideration</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Such financing is recognized as liability adjusted to its present value.
When there is an intervening financial institution in the transaction, the financing is recorded at &#8220;Interest-bearing loans and
borrowings&#8221;, otherwise, its recorded at &#8220;Trade payables&#8221;, due to the underlying economic essence and nature of the transaction.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">From the fourth quarter of
2022, &#8220;Government grants&#8221; nomenclature was changed to &#8220;Tax incentives and subsidized loans&#8221;.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i></i></p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.75in; text-align: justify; text-indent: 0in">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_014"></span>ITEM 6.</td><td>DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Directors
and Senior Management</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Board of Directors oversees Ambev&#8217;s executive officers. The Board
of Directors is currently comprised of eleven effective members and one alternate member and provides the overall strategic direction
of Ambev. Directors are elected at general shareholders&#8217; meetings for a three-year term, re-election being permitted. Day-to-day
management is delegated to the executive officers of Ambev, of which there are currently fourteen. The Board of Directors appoints executive
officers for a three-year term, re-election being permitted. The Shareholders&#8217; Agreement regulates the election of directors of
Ambev by the controlling shareholder. See &#8220;Item 7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8212;Ambev&#8217;s
Major Shareholders&#8212;The Shareholders&#8217; Agreement&#8212;Management of Ambev.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Directors</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth information with respect to the current directors of Ambev:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td colspan="5" style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Board of Directors(1)</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; width: 47%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: left"><b>Name</b></p></td>
    <td style="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Age</b></p></td>
    <td style="width: 26%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Position</b></p></td>
    <td style="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Director Since(2)</b></p></td>
    <td style="border-right: Black 1pt solid; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Term Expires(3)</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Victorio Carlos De Marchi&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">84</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Co-Chairman and Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">1999</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Michel Dimitrios Doukeris (5)&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">49</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Co-Chairman and Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2018</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Milton Seligman&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">71</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2018</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Roberto Moses Thompson Motta&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">65</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">1999</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Fabio Colletti Barbosa (4)&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">68</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2021</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Fernando Mommensohn Tennenbaum (4)&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">46</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2021</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Lia Machado de Matos (4)&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">45</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2021</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Nelson Jos&#233; Jamel&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">51</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2017</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Antonio Carlos Augusto Ribeiro Bonchristiano&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">55</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director (Independent)</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2014</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Marcos de Barros Lisboa&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">58</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director (Independent)</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2014</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Claudia Quintella Woods (4)&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">47</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director (Independent)</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2021</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Carlos Eduardo Klutzenschell Lisboa&#9;</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">54</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Director (Alternate)</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2018</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2023</span></td></tr>
  </table>
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<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(1)</td><td style="text-align: justify">Victorio Carlos De Marchi, Co-Chairman of the Board of Directors of Ambev, was appointed by FAHZ, the
former controlling shareholder of Antarctica, while Michel Dimitrios Doukeris was appointed by ABI and is also the Chief Executive Officer
of ABI. ABI appointed five directors: Milton Seligman, Roberto Moses Thompson Motta, Nelson Jos&#233; Jamel, Fernando Mommensohn Tennenbaum
and Lia Machado de Matos in addition to the alternate director Carlos Eduardo Klutzenschell Lisboa. FAHZ also appointed Fabio Colletti
Barbosa. The three independent directors Antonio Carlos Augusto Ribeiro Bonchristiano, Marcos de Barros Lisboa and Claudia Quintella Woods
were appointed jointly by ABI and FAHZ.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(2)</td><td style="text-align: justify">Directors first elected to our board of directors prior to 2013 were originally appointed as directors
of Old Ambev. Directors first elected to our Board of Directors on or after 2013 were originally elected as directors of Ambev S.A.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(3)</td><td style="text-align: justify">Annual Shareholders&#8217; General Meeting held in April 2023.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(4)</td><td style="text-align: justify">Directors elected by the board of directors in March 2021 pursuant to our bylaws to replace directors
who previously resigned.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(5)</td><td style="text-align: justify">Director elected by the board of directors in May 2021 pursuant to our bylaws to replace one director
who previously resigned.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following are brief biographies
of each of Ambev&#8217;s directors:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Victorio Carlos De Marchi</b>.
Mr. De Marchi is Co-Chairman of the Board of Directors of Ambev. He also serves as president of the Operations and Finance Committee,
the Governance Committee and the People Committee of Ambev. Mr.&#160;De&#160;Marchi joined Antarctica in 1961 and held various positions
during his tenure, including Chief Executive Officer from 1998 to April 2000. Mr. De Marchi is currently the Chairman of the Board of
Directors and the President of <i>Funda&#231;&#227;o Ant&#244;nio e Helena Zerrenner &#8211; </i>FAHZ, a member of the board of <i>Instituto
de Estudos para o Desenvolvimento Industrial</i>, an alternate member of the board of directors of Itausa S.A. and a member of the deliberative
council of <i>Instituto Brasileiro de &#201;tica Concorrencial </i>&#8211; ETCO. Mr. De Marchi has a degree in economics from <i>Faculdade
de Economia, Finan&#231;as e Administra&#231;&#227;o de S&#227;o Paulo</i> and a law degree from <i>Faculdade de Direito de S&#227;o
Bernardo do Campo</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Michel Dimitrios Doukeris.</b>
Mr. Doukeris is Co-chairman of the Board of Directors of Ambev. Mr. Doukeris is <span style="background-color: white">ABI&#8217;s </span>CEO
since July 1, 2021. He joined the Company in 1996 and held a number of commercial operations roles in Latin America before moving to Asia
where he led ABI&#8217;s China and Asia Pacific operations for seven years. In 2016 he moved to the U.S.
to assume the position of global Chief Sales Officer. In January 2018 he became the leader of Anheuser-Busch and the North American business.
Mr. Doukeris holds a degree in chemical engineering from <i>Universidade Federal Santa Catarina</i> and a master&#8217;s degree in marketing
from <i>Funda&#231;&#227;o Getulio Vargas</i>. He has also completed post-graduate programs in marketing and marketing strategy from
the Kellogg School of Management and Wharton Business School in the United States.</p>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Milton Seligman.</b> Mr.
Seligman is a member of the Board of Directors of Ambev. He served as Corporate Affairs Officer of the Company from 2004 until 2013 and
was also a member of the board of directors of Tenedora CND S.A. from 2013 to 2016. He is currently the managing partner of <i>Milton
Seligman e Associados Consultoria e Participa&#231;&#245;es Ltda</i>., member of the board of directors of BRMalls Participa&#231;&#245;es
S.A. from 2022 to 2023, president of the board of directors of <i>Instituto Sonho Grande</i>, consultant member of <i>Funda&#231;&#227;o
Lemann</i>, member of the board of directors of FAHZ, fellow of the INSPER Management and Public Policy Center and Global Fellow of the
Brazil Institute at the Woodrow Wilson International Center for Scholars, in Washington D.C. Mr. Seligman has a degree in electrical engineering
from <i>Universidade Federal de Santa Maria</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Roberto Moses Thompson
Motta. </b>Mr. Thompson is a member of the Board of Directors and the Operations and Finance Committee of Ambev. Mr. Thompson was a co-founder
and board member of 3G Capital <span style="background-color: white">and a former board member of Restaurant Brands International and
a board member of StoneCo Ltd</span>. He holds a degree in engineering from <i>Pontif&#237;cia Universidade Cat&#243;lica do Rio
de Janeiro</i>, and an MBA from the Wharton School of the University of Pennsylvania <span style="background-color: white">where he is
member of the Graduate Executive Board</span>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Fabio Colletti Barbosa</b>.
Mr. Barbosa is a member of the Board of Directors and the Governance Committee of Ambev. Mr. Barbosa is currently Natura&amp;Co Holding
S.A. CEO and a member of the board of directors of Ita&#250;-Unibanco, Cia Brasileira de Metalurgia e Minera&#231;&#227;o, the United
Nations Foundation, the Endeavor Institute and the Public Leadership Center in Brazil. Mr. Barbosa was a former CEO of Banco ABN Amro
Real, Banco Santander (Brasil) S.A., Abril Media and Febraban. Mr. Barbosa holds a degree in business administration from <i>Funda&#231;&#227;o
Getulio Vargas</i> and a MBA from the Institute for Management Development (Switzerland).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Claudia Quintella Woods</b>.
Ms. Woods is an independent member of the Board of Directors and a member of the People Committee of Ambev. She is Latin America Chief
Executive Officer of WeWork, since June 2021. Ms. Woods was previously the General Manager of Uber in Brazil between 2019 and 2021, the
CEO of Webmotors, a leading online marketplace for cars from 2018 until 2019 and Director and Superintendent of Banco Original from 2014
to 2018. She holds a bachelor&#8217;s degree from Bowdoin College (USA), a MBA from COPPEAD/<i>Universidade Federal do Rio de Janeiro</i>
and a certificate from Harvard Business School.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Fernando M. Tennenbaum</b>.
Mr. Tennenbaum is a member of the Board of Directors and of the Operations and Finance Committee of Ambev. Mr. Tennenbaum is ABI&#8217;s
Chief Financial Officer since April 29, 2020. <span style="background-color: white">He joined our Company in 2004 and has held various
roles in the finance function including Treasury, Investor Relations and M&amp;A. He most recently served as the Vice President of Finance
for ABI&#8217;s South America Zone and Ambev&#8217;s Chief Financial and Investor Relations Officer.</span> H<span style="background-color: white">e&#160;is
a dual citizen of Brazil and Germany and holds a degree in industrial engineering from <i>Escola Polit&#233;cnica da Universidade de
S&#227;o Paulo</i> and a corporate MBA from Ambev. </span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Lia Machado de Matos</b>.
Ms. Matos is a member of the Board of Directors of Ambev. Since 2016 she is the Chief Strategy Officer of Stone Co. Prior to that, Ms.
Matos was a Family Office Director for Varbra from 2012 through 2016 and previously she served in several positions at McKinsey Consulting
Company from 2006 through 2012, including Associate Partner. Ms. Matos holds a degree in Physics from the <i>Universidade Federal do Rio
de Janeiro</i> and a PhD in physics and electrical engineering from the Massachusetts Institute of Technology.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Nelson Jos&#233; Jamel</b>.
Mr. Jamel is a member of the Board of Directors and the People Committee of Ambev. He joined the Company in 1997 and has held various
positions in the Company. From 2009 to 2015, he served as Chief Financial and Investor Relations Officer of the Company. From 2016 to
2019, he served as Vice President for ABI&#8217;s North America Zone, initially as Finance Vice President and since 2017 as Finance and Solutions Vice President. Currently he is
the Chief People Officer of ABI. Mr. Jamel holds a degree in production engineering from Universidade Federal do Rio de Janeiro and a
M.Sc in production engineering from the Universidade Federal do Rio de Janeiro.</p>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Antonio Carlos Augusto
Ribeiro Bonchristiano</b>. Mr. Bonchristiano is an independent member of the Board of Directors of Ambev. He currently is a member of
the board and the Chief Executive Officer of GP Investments Ltd. and also serves as a member of the board of directors of G2D Investments,
<i>AKAD Seguros, </i>BR Properties S.A., of the Bodleian Library Advisory Board and University of Oxford. Mr. Bonchristiano has a degree
in politics, philosophy and economics from the University of Oxford.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Marcos de Barros Lisboa</b>.
Mr. Barros Lisboa is an independent member of the Board of Directors and the Governance Committee of Ambev. He has also acted as an executive
officer of Unibanco S.A and vice-president of Operational Insurance, Controls and Support of Ita&#250; Unibanco S.A, both companies
with main activities in the financial segment. Further, during 2005 and 2006 he was the president of Instituto Brasil Resseguros S.A,
between 2003 and 2005, he acted as Secretary of Economic Politics of Federal Revenue Office (<i>Minist&#233;rio da Fazenda</i>). He
is currently a member of the board of directors of Cerradinho Bioenergia S.A., CERC - Central de Receb&#237;veis S.A. and Meliuz. Mr.
Barros Lisboa has a degree and a masters&#8217; degree in economics from <i>Universidade Federal do Rio de Janeiro</i> and a Ph.D. in
economics from the University of Pennsylvania. Since the end of the 80s, he has developed activities in the faculty of several teaching
institutions in Brazil and abroad.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Carlos Eduardo Klutzenschell
Lisboa</b>. Mr. Klutzenschell Lisboa is an alternate member of the Board of Directors of Ambev. He joined the Company in 1993 and, since
then, has held several positions in the Company. He served as Ambev&#8217;s Marketing Vice-President between 2005 and 2011, as President
of BU Austral at Latin America South Zone of Ambev between 2011 and 2012, and as President of Labatt, our subsidiary in Canada, between
2013 and 2014. Mr. Klutzenschell Lisboa held the positions of Global Vice President for Global Brands at ABI, between 2014 and 2016, and
of Zone President of Latin America South Zone of Ambev, between 2016 and 2018. Currently he serves as ABI&#8217;s Zone President of Middle
Americas Zone.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Executive Officers</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth information with respect to the current executive officers of Ambev:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; width: 36%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: left"><b>Name</b></p></td>
    <td style="border-top: Black 1pt solid; width: 6%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Age</b></p></td>
    <td style="border-top: Black 1pt solid; width: 39%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Position</b></p></td>
    <td style="border-top: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Executive Officer
    Since</b></p></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Term Expires(1)</b></p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Jean Jereissati Neto&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">48</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Chief Executive Officer</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2019</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Lucas Machado Lira&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">46</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Chief Financial, Investor Relations and Shared Services Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2020</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Leticia Rudge Barbosa Kina&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">46</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Legal and Compliance Vice President Officer </span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2019</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Ricardo Morais Pereira de Melo&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">51</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">People and Management Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2016</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Eduardo Braga Cavalcanti de Lacerda&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">46</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Commercial Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2018</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Valdecir Duarte&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">42</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Industrial Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2022</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Paulo Andr&#233; Zagman&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">46</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Logistics Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2019</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Carla Smith de Vasconcellos Crippa Prado&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">40</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Corporate Affairs Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2022</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt">Rodrigo Figueiredo de Souza &#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">46</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Procurement Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2015</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Eduardo Eiji Horai&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">37</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Information Technology Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2020</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Daniel Cocenzo&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">48</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Sales Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2020</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Daniel Wakswaser Cordeiro&#9;</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">38</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Marketing Vice President Officer</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2020</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Pablo Firpo&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">42</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Non-Alcoholic Beverages Vice President Officer</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2020</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Daniela Gavranic Cachich</span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">49</span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Future Beverages Vice President Officer</span></td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2022</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2024</span></td></tr>
  </table>
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<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(1)</td><td style="text-align: justify">The term of office will be unified until December 31, 2024.</td></tr></table>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0 0 6pt 0.25in; text-align: justify; text-indent: 0in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following are brief biographies
of each of Ambev&#8217;s executive officers:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Jean Jereissati Neto</b>.
Mr. Jereissati is Ambev&#8217;s CEO. He joined Ambev in 1998 and has held various positions at Ambev and ABI, including Chief Executive
Officer of the Central America and Caribbean business unit of Ambev, Chief Executive Officer of China&#8217;s operations of ABI, Chief
Executive Officer of Asia and Pacific North Zone of ABI and Chief Sales and Marketing Officer of Ambev. Mr. Jereissati holds a degree
in business administration from <i>Funda&#231;&#227;o Getulio Vargas</i> and a Corporate MBA from Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><b>Lucas Machado Lira</b>.
Mr. Lira is Ambev&#8217;s Chief Financial, Investor Relations and Shared Services Officer. He joined the Company in 2005 and, since then,
has held leadership positions in different functions, including&#160;Head of Investor Relations,&#160;Supply Chain PMO,&#160;Corporate
&amp; Compliance Director, and Legal Manager for HILA and M&amp;A at Ambev, as well as&#160;Global Finance Vice President for M&amp;A,
Global Legal Vice President Commercial/M&amp;A and Global Finance Director for M&amp;A at ABI. Mr. Lira holds a degree in law from <i>Universidade
Federal de Minas Gerais</i> &#8211; UFMG and an LL.M. from Columbia University School of Law.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Leticia Rudge Barbosa
Kina</b>. Ms. Kina is Ambev&#8217;s Legal and Compliance Vice President Officer. She joined the Company in 2002 and has held several positions,
including Legal Tax Manager and Corporate and Litigation Officer. Ms. Kina is also a member of the Board of Directors of WILL &#8211;
Women in Leadership in Latin America, an international non-profit organization. Ms. Kina holds a law degree from&#160;<i>Pontif&#237;cia
Universidade Cat&#243;lica de Campinas&#160;</i>and a degree in economics from&#160;<i>Universidade Estadual de Campinas,&#160;</i>in
addition to a Corporate MBA from Ambev, a specialization in tax law from&#160;<i>Universidade de S&#227;o Paulo</i>&#160;and a corporate
reputation course from Stanford University.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Ricardo Morais Pereira
de Melo</b>. Mr. Melo is Ambev&#8217;s People and Management Vice President Officer. Since he joined the Company in 1996, he has held
various positions in the sales department, including Commercial Manager in Recife, Salvador and S&#227;o Paulo, Regional Sales Director
in the Northeast and Rio de Janeiro regions. Mr. Melo was also the Vice President of Sales at Labatt, Ambev&#8217;s subsidiary in Canada,
and Vice President of Sales Strategy at ABI, in the United States and Sales Vice President in Brazil before current position. Mr. Melo
holds a degree in civil engineering from <i>Universidade Cat&#243;lica de Pernambuco</i> and a Corporate MBA from Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Eduardo Braga Cavalcanti
de Lacerda</b>. Mr. Lacerda is Ambev&#8217;s Commercial Vice President Officer. Since 2001, when he joined the Company, he has held various
positions, including Non-Alcoholic Vice President Officer for Ambev, Chief Executive Officer for CAC business unit of Ambev, Financial
Vice President Officer in Europe for ABI, FP&amp;A Global Vice President for ABI and head of M&amp;A in Europe for ABI. Mr. Lacerda holds
a degree in engineering from <i>Pontif&#237;cia Universidade Cat&#243;lica do Rio de Janeiro</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Valdecir Duarte</b>. Mr.
Duarte is Ambev&#8217;s Industrial Vice President Officer. Since he joined the Company in 1998, Mr. Duarte has held various positions,
including Director of the Company&#8217;s Engineering Center (CENG), Regional Director and Plant and Supply Chain Manager. Mr. Duarte
holds a degree in engineering and a postgraduate degree in Global Business from Columbia Business School, in Corporate Management from
INSPER and an Executive Program for Growing Companies from Stanford University.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Paulo Andr&#233; Zagman</b>.
Mr. Zagman is Ambev&#8217;s Logistics Vice President Officer. Since 2002, when he joined the Company, he has held several positions, including
Chief People Officer and Chief Logistics Officer in Latin America South zone of Ambev. Mr. Zagman holds a degree in civil engineering
from <i>Pontif&#237;cia Universidade Cat&#243;lica do Rio de Janeiro</i> and a specialist degree in supply chain and logistics from
Massachusetts Institute of Technology and Stanford Graduate School of Business Executive Education.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Carla Smith de Vasconcellos
Crippa Prado. </b>Ms. Prado is Ambev&#8217;s Corporate Affairs Vice President Officer. In the last 5 years, she has held several positions
in the Company, including Corporate Affairs Vice President of BU Brazil, Director of Communications and Sustainability, Social Responsibility
Manager and Legal Manager. Between 2020 and 2021 she was President of SINDICERV-National Union of the Beer Industry. She holds a Law degree
from <i>Pontif&#237;cia Universidade Cat&#243;lica de S&#227;o Paulo</i> and an Economics degree from the <i>Universidade de S&#227;o
Paulo</i>, in addition to a Masters in Law from <i>Pontif&#237;cia Universidade Cat&#243;lica de S&#227;o Paulo</i> and a Corporate
MBA from <i>Insper</i>.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><b>Rodrigo Figueiredo de Souza</b>.
Mr. Figueiredo is Ambev&#8217;s Procurement Vice President Officer. Since 1997, when he joined the Company as trainee, he has held various
positions in Ambev and ABI, including Logistics &amp; Procurement Vice President in Latin America Zone for ABI, Vice President of Supply
Chain in Russia and Ukraine for ABI, Vice President of Logistics in Europe for ABI and Vice President People in Europe for ABI. Mr. Figueiredo
holds a degree in civil engineering from Escola Polit&#233;cnica da <i>Universidade de S&#227;o Paulo</i>, an executive MBA from Wharton/INSEAD
and a Corporate MBA from Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Eduardo Eiji Horai.</b>
Mr. Horai is Ambev&#8217;s Information Technology Vice President Officer. Before joining the Company on January 1, 2020, he served as
Technology, Solutions Architecture and Customer Solutions Director and officer for Latin America at Amazon Web Services and was also part
of the Enterprise Architecture department at Toyota Motor Europe in Belgium. Mr. Horai holds a degree in computer science from <i>Universidade
de Campinas &#8211; UNICAMP</i> and a degree in Innovation and Entrepreneurship from the Vlerick Leuven-Gent Management School.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Daniel Cocenzo</b>. Mr.
Cocenzo is Ambev&#8217;s Sales Vice President Officer. Since 1999, when he joined the Company, he has held various positions, including
Premium and High-End Executive Officer of Ambev, People and Management Officer for the Central America and Caribbean business unit of
Ambev, Sales Officer in Dominican Republic and Regional Sales Officer in Rio de Janeiro and Esp&#237;rito Santo. Mr. Cocenzo holds a
degree in business administration from <i>Pontif&#237;cia Universidade Cat&#243;lica do Rio de Janeiro</i>, an MBA from <i>IBMEC</i>
and a Corporate MBA from Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Daniel Wakswaser Cordeiro</b>.
Mr. Wakswaser is Ambev&#8217;s Marketing Vice President Officer. He joined the Company as a trainee in 2008 and has held several positions
in Ambev and ABI. Wakswaser created and led the digital strategy area at Ambev, at the start of 2010. He was also involved in the creation
of ZX Ventures globally, and also led, in Brazil, the acquisition and integration of breweries Colorado and W&#228;ls. In the recent years,
he held leadership roles in Brazil, Europe and the United States, including Global Vice President of Adjacencies for ABI, Global Marketing
Vice President of Consumer Connections &amp; Capabilities for ABI, Craft &amp; Specialties Beer Director in Europe for ABI and Craft Beer
Officer in Brazil. Wakswaser holds a degree in marketing from <i>Escola Superior de Propaganda e Marketing &#8211; ESPM</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Pablo Firpo</b>. Mr. Firpo
is Ambev&#8217;s Non-Alcoholic Beverages Vice President Officer. Since 2002, when he joined the Company as a trainee, he held various
positions at the Company and ABI in marketing organization, including Marketing Manager at Quilmes,a Company&#8217;s subsidiary in Argentina,
Marketing Head in Chile, Marketing Officer for Core Brands at the Company&#8217;s Latin America South Zone and Global Communications Officer
for Budweiser. In 2017 he became the Non-Alcoholic Beverages Vice President Officer at the Company&#8217;s Rio de la Plata business unit
and held such position until the beginning of 2020. Mr. Firpo has a bachelor&#8217;s degree in economics from Universidad del CEMA, in
Argentina.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Daniela Gavranic Cachich</b>.
Ms. Cachich is Ambev&#8217;s Future Beverages Vice President Officer. Before joining the Company, she held senior leadership positions
in the marketing area of other consumer goods companies, including Chief Marketing Officer at PepsiCo from 2016 to August 2021. Also,
she currently holds the position of effective member of the Advisory Board of Grupo Botic&#225;rio. Ms. Cachich holds a degree in Business
Administration from <i>Universidade Mackenzie</i> and a postgraduate degree in Marketing from <i>Escola Superior de Propaganda e Marketing
&#8211; ESPM</i>.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in"><span style="color: windowtext">B.</span>&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style="color: windowtext">Compensation</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The aggregate remuneration
of all members of the Board of Directors, Executive Officers and Fiscal Council of Ambev in 2022 for services in all capacities amounted
to R$ 127.9 million (fixed and variable remuneration and share-based payment), as presented below:</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse">
  <tr>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: justify">&#160;</td>
    <td colspan="14" style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Management&#8217;s
    Remuneration<br />
    Year Ended December 31, 2022</b></p></td></tr>
  <tr>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: justify">&#160;</td>
    <td colspan="14" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center"><span style="font-size: 7pt"><b><i>(in R$ million, except where otherwise indicated)</i></b></span></td></tr>
  <tr>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: justify">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center">&#160;</td>
    <td colspan="4" style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Fixed Remuneration</b></p></td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Variable Remuneration</b></p></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center">&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; text-align: center">&#160;</td></tr>
  <tr>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: justify; width: 16%">&#160;</td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Number of Members</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Fees</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Direct and Indirect
    Benefits</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Remuneration for
    Sitting on Committees</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Others</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Bonus</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Profit Sharing</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Remuneration for
    Attending Meetings</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Commissions</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Others</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Post-Employment
    Benefits</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Termination Benefits</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Share-based Payment</b></p></td>
    <td style="vertical-align: bottom; padding-right: 2.9pt; padding-left: 2.9pt; width: 6%">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Total</b></p></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 0.05in; text-align: left; text-indent: -0.05in"><span style="font-size: 7pt">Board of Directors&#9;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">12.0</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">7.6</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">1.8</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">4.1</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">11.1</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">24.6</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 0.05in; text-align: left; text-indent: -0.05in"><span style="font-size: 7pt">Fiscal Council&#9;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">6.0</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">2.0</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">0.4</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">0.0</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">-</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt; text-align: right"><span style="font-size: 7pt">2.4</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 0.05in; text-align: left; text-indent: -0.05in"><span style="font-size: 7pt">Executive Officers&#9;</span></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">14.0</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">21.1</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">5.5</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">21.9</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">1.0</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">-</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">51.3</p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right">100.9</p></td>
    </tr>
  <tr style="background-color: White">
    <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-right: 2.9pt; padding-left: 0.05in; text-align: left; text-indent: -0.05in"><span style="font-size: 7pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>32.0</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>30.8</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>-</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>-</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>7.7</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>26.0</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>-</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>-</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>-</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>-</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>1.0</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>-</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>62.4</b></p></td>
    <td style="vertical-align: top; padding-right: 2.9pt; padding-left: 2.9pt">
    <p style="border-bottom: Black 2.25pt double; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>127.9</b></p></td>
    </tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, the executive
officers and members of the Board of Directors received some additional benefits provided to all Ambev employees and their beneficiaries
and covered dependents, such as health and dental care. Such benefits were provided through FAHZ. These executive officers and directors
also received benefits pursuant to Ambev&#8217;s pension and stock ownership plans. For a description of these plans, see Notes 24 and
25 to our audited consolidated financial statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below sets forth
the minimum, maximum and average individual compensation figures attributable to our directors, executive officers and Fiscal Council
members for each of the indicated periods:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&#160;</td>
    <td colspan="13" style="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
<div style="border-bottom: Black 0.5pt solid; padding: 0in">

    <p style="font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Management&#8217;s Remuneration </b></p>
    <p style="font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Year Ended December 31,</b></p>
</div></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&#160;</td>
    <td colspan="4" style="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td colspan="4" style="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&#160;</td>
    <td colspan="13" style="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><span style="font-size: 7pt"><b><i>(in R$ million, except where otherwise indicated)</i></b></span></td></tr>
  <tr>
    <td style="vertical-align: top; width: 15%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify">&#160;</td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Number of Members</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Minimum</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Average</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Maximum</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Number of Members</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Minimum</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Average</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Maximum</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Number of Members</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Minimum</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Average</b></p></td>
    <td style="vertical-align: bottom; width: 7%; padding-right: 5.75pt; padding-left: 5.75pt">
    <p style="border-bottom: Black 0.5pt solid; font: 7pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b>Maximum</b></p></td>
    <td style="width: 1%; text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.75pt; text-align: justify"><span style="font-size: 7pt">Board of Directors&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">12.0</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.8</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">2.9</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">15.1</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">12</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.6</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">1.2</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">8.8</span></td>
    <td style="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">13.0</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.3</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">1.5</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">7.9</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 5.75pt; text-align: justify"><span style="font-size: 7pt">Fiscal Council&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">6.0</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.3</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.3</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.5</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">6</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.2</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.3</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.5</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">6.0</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.2</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.3</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">0.5</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 5.75pt; text-align: justify"><span style="font-size: 7pt">Executive Officers&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">14.0</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">3.7</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">6.8</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">26.6</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">13</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">2.7</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">6.2</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">23.7</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">11.6</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">1.7</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">4.8</span></td>
    <td style="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right"><span style="font-size: 7pt">16.5</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  </table>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Ambev Stock Ownership
Plans</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Ambev Stock Option
Plan dated as of July 30, 2013, or the Plan, senior employees and management of either Ambev or its direct or indirect subsidiaries are
eligible to receive stock options for Ambev common shares, including in the form of ADRs. As of December 31, 2022, there were outstanding
rights under the Plan providing for the acquisition of 99.7 million Ambev common shares by approximately 550 people (including executive
management and employees).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Plan establishes the
general conditions for granting options, the criteria for defining the strike price and other general terms and conditions of these stock
options. Restrictions apply to the divestment of the shares acquired through the Plan, which also defines the various duties and responsibilities
of the Board of Directors as Plan Administrator.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the Plan, the
Board of Directors is conferred with ample powers for the organization and management of the Plan in compliance with its general terms
and conditions. The Board of Directors grants stock options and establishes the terms and conditions applicable to each grant through
Stock Option Programs, or the Programs, which may define the relevant beneficiaries, the applicable number of Ambev common shares covered
by the grant, the respective strike price, the exercise periods and the deadline for exercising the options, as well as the rules regarding
option transfers and possible restrictions on the acquired shares, in addition to penalties. Additionally, targets may be set for Ambev&#8217;s
performance, with the Board of Directors also being empowered to define specific rules for Ambev
employees who are transferred to other countries or to other companies of the group, including to ABI.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Beneficiaries to whom stock
options are granted must sign Stock Option Agreements, or the Agreements, with Ambev, according to which those beneficiaries have the
option to purchase lots of Ambev common shares in compliance with the terms and conditions of the Plan, the corresponding Program and
such Agreement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There are currently three
models of stock options that may be granted under the Plan. Under the first model, beneficiaries, in accordance with their internal category,
may choose among allocating (1) 30% or 100%, (2)&#160;40% or 100%, and (3) 60% or 100% of the amounts received by them as profit sharing
during the year to the immediate exercise of options, thereby allowing them to acquire the corresponding amount of Ambev shares. Under
this model, a substantial part of the shares acquired is to be delivered only within five years from the corresponding option grant date.
During such five-year period, the beneficiary must remain employed at Ambev or any other company of its group. Under the second model,
the beneficiary may exercise the options granted only after a period of up to five years from the corresponding grant date. Vesting of
the options granted under the second model is not subject to company performance measures; however, the right to exercise such options
may be forfeited in certain circumstances, including the beneficiary&#8217;s resignation or dismissal prior to the options&#8217; vesting.
Under the third model, the beneficiaries, in accordance with their internal category, may choose among allocating (1) 20% or 100%, (2)
30% or 100%, and (3) 50% or 100%, of the amounts received by them as profit sharing during the year to the immediate exercise of options,
thereby allowing them to acquire the corresponding amount of Ambev shares. The totality of the shares acquired is to be delivered to the
beneficiary within forty-five days from the corresponding exercising date (which shall not be later than forty-five days from the option
grant date). The beneficiaries are under a five-year lock-up period.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a means of creating a
long-term incentive (wealth incentive) for certain senior employees and members of management considered as having &#8220;high potential,&#8221;
share appreciation rights in the form of phantom stocks have been granted to those employees, pursuant to which the beneficiary shall
receive two separate lots of phantom stock &#8211; Lot A and Lot B &#8211; subject to lock-up periods of five and ten years, respectively.
On the fifth or tenth anniversary of the granting of such lots, as the case may be, a beneficiary still employed with us shall receive,
in cash, the amount corresponding to the B3 closing price of the relevant Ambev shares (or NYSE closing price in the case of ADRs), on
the trading session immediately preceding such anniversary, with each phantom stock corresponding to one share (or ADR, as the case may
be). Such share appreciation rights shall not give the beneficiary the right to actually receive any Ambev shares or ADRs; those securities
shall merely serve as basis for the calculation of the cash incentive to be received by such beneficiary. Although not subject to performance
measures, the right to receive the cash incentive deriving from the phantom stocks may be forfeited in certain circumstances, including
the beneficiary&#8217;s resignation or dismissal prior to the relevant anniversary of the share appreciation right.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We implemented a Share Based
Payment Plan, or the Share Plan, dated as of April 29, 2016, which was amended on April 24, 2020 at the annual general shareholders&#8217;
meeting. Under the Share Plan, employees and management of Ambev or its direct or indirect subsidiaries are eligible to receive Ambev
shares, including in the form of ADRs. The shares which are subject to the Share Plan are designated as Restricted Shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the Share Plan,
the Board of Directors is conferred with ample powers for the organization and management of the Share Plan in compliance with its general
terms and conditions. The Board of Directors may appoint a committee to assist its members in the management of the Share Plan. The Board
of Directors or the committee establishes the terms and conditions applicable to each Share Based Payment Programs, or the Share Plan
Programs, which defines the relevant beneficiaries, the applicable number of Restricted Shares subject to the Share Plan Program, the
Restricted Shares&#8217; transfer procedure and vesting periods, and any possible penalties.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2022, the Board of Directors
appointed the People Committee to assist managing the decisions to be taken within the scope of the Share Plan, meanwhile some matters
remained in the exclusive competence of the Board of Directors.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Share Plan, up to 3.0% of the shares corresponding to Ambev&#8217;s
corporate capital may be granted in total in an amount that may vary according to Ambev internal policies. The delivery of the Restricted
Shares is free of charges. Restricted Shares shall vest in three or five years from the corresponding grant date, depending on the Share
Based Payment Programs, provided that the beneficiary remains employed at Ambev during such vesting period.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Beneficiaries of the Share
Plan must sign a Share Based Payment Agreement, or the Share Based Agreements, with Ambev, according to which, those beneficiaries have
the right to receive a maximum number of Ambev Shares or ADRs, as applicable, provided that the terms and conditions set forth in the
Share Plan, Share Plan Programs and in the Share Based Agreements are complied with.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Restricted Shares may entitle beneficiaries to receive additional shares
with the same vesting conditions as compensation for dividends and interest on shareholders&#8217; equity paid during the vesting period
on the Restricted Shares, as the case may be. The right to receive the Restricted Shares and the additional shares may be totally or partially
forfeited in certain circumstances, including the beneficiaries&#8217; resignation or dismissal during the vesting period.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in"><span style="font-style: normal">ABI
Exceptional Stock Option Grants and Restricted Stock Units Grants </span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Since November 2008, ABI&#8217;s
Board of Directors has approved several special grants of stock options and restricted stock units (&#34;RSUs&#34;) granted to certain
executives, including Ambev executives. Each stock option gives its beneficiary the right to purchase one existing common share of ABI
at an exercise price equal to their fair value at the time of granting of the options and with a term of 10 to 15 years as from grant
date. Specific forfeiture rules apply in the event the executive leaves the company before the vesting date of the RSUs and stock options.
Each RSU gives its beneficiary the right to receive one existing common share of ABI at vesting, subject to specific forfeiture rules
and subject to a vesting period of at least five years. In addition to specific forfeiture rules, some grants of stock options and restricted
stock units are subject to a performance test. On the date hereof, some of these options and restricted stock units are still held by
Ambev executives. Although the exercise of these ABI exceptional stock options and/or RSUs will not cause any dilution to Ambev, we record
an expense in connection with them on our income statement.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Ambev Pension
Plan</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev&#8217;s pension plans
for employees in Brazil are administered by the IAPP. The IAPP operates both a defined benefit pension plan (closed to new participants
since May 1998) and a defined contribution plan, which supplements benefits that the Brazilian government&#8217;s social security system
provides to our employees. The defined contribution plan covers substantially all new employees. The IAPP was established solely for the
benefit of our employees and its assets are held independently. The IAPP is managed by a Governing Board (<i>Conselho Deliberativo</i>),
which has three members, two of whom are appointed by Ambev, and one member represents active and retired employees. The IAPP also has
an Executive Board (<i>Diretoria Executiva</i>) containing three members, all of whom are appointed by IAPP&#8217;s Council Board. The
IAPP also has a Fiscal Council with three members, two of whom appointed by Ambev, and one member represents active and retired employees.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any employee upon being hired
may opt to join the defined contribution plan. When pension plans members leave Ambev before retirement but having contributed at least
three years to the IAPP plan, they have some options such as: (a) having their contributions refunded, (b) transferring their contributions
to a bank or insurance company, (c) keeping their investment in IAPP to be paid in installments, and (d) continuing to IAPP for future
retirement under the existing terms. In the event the employee leaves the Company prior to completing three years as a participant, such
employee will only be entitled to refund his/her contributions to the plan.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022,
we had 9,088 participants in our pension plans, including 304 participants in the defined benefit plan 7,627 participants in the defined
contribution plan, and 1,157 retired or assisted participants. Plan assets are comprised mainly of equity securities, government and corporate
bonds and real estate properties. All benefits are calculated and paid in inflation-indexed <i>reais</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Labatt provides pension plan
benefits in the defined contribution model and in the defined benefit model to its employees, as well as certain post-retirement benefits.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For information on amount
recorded by us on December 31, 2022 as liabilities for pension plan benefits, see Note 24 to our audited consolidated financial statements,
included elsewhere in this annual report on Form 20-F.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Profit-Sharing
Plan</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Employees&#8217; performance-based
variable payments are determined on an annual basis considering the achievement of corporate, department or business-unit and
individual goals, established in accordance with the profit-sharing plan.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The distribution of these
payments is subject to a three-tier system in which Ambev must first achieve performance targets approved by the Board of Directors in
accordance with the profit-sharing plan. Following that, each department or business segment must achieve its respective targets. Finally,
individuals must achieve their respective performance targets.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For employees involved in
operations, we have a collective award for production sites and distribution centers with outstanding performances. The bonus award at
the distribution centers and production sites is based on a ranking between the different distribution centers and production sites (as
the case may be), which, based on their relative ranking, may or may not receive the bonus.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our expenses under these
programs amounted to R$1,119.2 million for the year ended December 31, 2022, R$1,420.6 million for the year ended December 31, 2021,
and R$57.2 million for the year ended December&#160;31,&#160;2020.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Board
Practices</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">During 2022, our management
held individual and group meetings with shareholders, investors and analysts to talk about the performance of our business and our opportunities
for growth both in the short-term as well as in the future and to update the market on our ESG initiatives. We also participated in conferences
and non-deal road shows online. We hosted quarterly conference calls, transmitted simultaneously on the internet, to clarify financial
and operating results as well as answered questions from the investment community.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Fiscal Council
<span style="font-style: normal">(Conselho Fiscal)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev&#8217;s Fiscal Council
is a permanent body. At our annual general shareholders&#8217; meeting held on April 29, 2022, the following members of the Fiscal Council
were appointed for a term expiring upon the annual general shareholders&#8217; meeting of 2023: Jos&#233; Ronaldo Vilela Rezende, Elidie
Palma Bifano and Vinicius Balbino Bouhid, and, as alternates, Emanuel Sotelino Schifferle, Eduardo Rogatto Luque and Carlos Tersandro
Fonseca Adeodato (the latter of whom serves as alternate only to Vinicius Balbino Bouhid). All of them are &#8220;independent&#8221; members
as per Rule 10A-3(c)(3) of the Sarbanes-Oxley Act of 2002.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The responsibilities of the
Fiscal Council include supervision of management, performing analyses and rendering opinions regarding our financial statements and performing
other duties in accordance with the Brazilian Corporation Law and its charter. None of the members of the Fiscal Council is also a member
of the Board of Directors or of any committee of the Board.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Minority holders representing
at least 10% of our common shares are entitled to elect one member and respective alternate to the Fiscal Council without the participation
of the controlling shareholder. CVM&#8217;s interpretation is that such right is applicable as long as at least 10% of our shares are
held by minority shareholders, regardless of the equity percentage held by the minority shareholders attending the shareholders&#8217;
meeting having in the agenda the election of the Fiscal Council members.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have relied on the exemption
provided for under Rule 10(c)(3) of the Sarbanes-Oxley Act of 2002, which enables us to have our Fiscal Council perform the duties of
an audit committee for the purposes of such Act, to the extent permitted by Brazilian law. We do not believe that reliance on this exemption
would materially adversely affect the ability of our Fiscal Council to act independently and to satisfy the other requirements of such
Act.</p>


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<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">The Board of
Directors</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Most of our Board members
have been in office for several years and were elected or reelected to the Board of Directors of Ambev at the Company&#8217;s extraordinary
general shareholders&#8217; meeting held on April 24, 2020 for a term expiring at the annual general shareholders&#8217; meeting to be
held in 2023. These Board members use their extensive knowledge of our business to help ensure that we reach our long-term goals, while
maintaining our short-term competitiveness. Another objective of the Board of Directors is to encourage us to pursue our short-term business
goals without compromising our long-term sustainable growth, while at the same time trying to make sure that our corporate values are
observed.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under our bylaws, at least two members of the Board of Directors shall
be independent directors. For the applicable director independence criteria, see &#8220;Item 10. Additional Information&#8212;B. Memorandum
and Articles of Association&#8212;Board of Directors.&#8221; We currently have three independent members in our Board of Directors.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2021, Ambev received the
Women on Board (WOB) certification, a UN Women-supported independent initiative whose purpose is to acknowledge, value and promote corporate
environments in which women are part of the board of directors or at advisory councils. This certification is awarded to organizations
that have at least two women sitting on their board of directors.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to Brazilian law,
Ambev&#8217;s Chairman of the Board of Directors and the Chief Executive Officer are separate positions that must be held by different
individuals.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Board of Directors is
supported in its decision-making by the following committees:</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Operations
and Finance Committee</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Operations and Finance
Committee is the main link between the policies and decisions made by the Board of Directors and Ambev&#8217;s management team. The Operations
and Finance Committee&#8217;s responsibilities include:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to monitor the Company's long term planning;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to monitor the evolution of the Company's actuarial liabilities and investments in pension plans;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to monitor the investors relations strategies and the performance of our rating, as issued by the official
rating agencies;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to analyze and issue an opinion on our annual investment plan;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to analyze and issue an opinion on proposals by the Board of Executive Officers regarding opportunities
for corporate restructuring, mergers, acquisitions, spin-offs, incorporations or disposals of equity interests involving the Company;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to analyze and monitor our capital structure and cash flow; and provide an opinion on the Company's shareholder
compensation strategy;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><span style="color: windowtext">to verify compliance with the Company's Financial Risk Management Policy;
and,</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><span style="color: windowtext">other matters that the Board of Directors considers relevant and in the
interest of the Company and may come to define as attribution of the </span>Operations and Finance Committee.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The current members of the
Committee are Messrs. Victorio Carlos De Marchi (Chairman), Fernando Mommensohn Tennenbaum and Roberto Moses Thompson Motta. The members
of this committee are elected by the Board of Directors.</p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Governance
<span style="color: windowtext">Committee</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The responsibilities of the
Governance Committee are to assist the Board of Directors with the following matters:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><span style="color: windowtext">related</span> party transactions;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">any general conflict of interest situations that may arise between the Company and related parties;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">compliance, by the Company, with legal, regulatory and statutory provisions concerning related party transactions
and antitrust matters;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to monitor the Company's initiatives, as well as analyze and give opinions on issues related to cyber
security and privacy and data protection;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">to issue an opinion on the Company's strategies related to environmental, social and governance (ESG)
issues; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">other matters the Board of Directors may consider relevant and in the interest of the Company.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The current members of the
Governance Committee are Messrs. Victorio Carlos De Marchi (Chairman), Fabio Colletti Barbosa, Marcos de Barros Lisboa, Everardo de Almeida
Maciel and Carlos Emmanuel Joppert Ragazzo. The members of this committee are elected by the Board of Directors.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">People <span style="color: windowtext">Committee</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The responsibilities of the
People Committee are to assist the Board of Directors with the following matters:</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to issue an opinion on matters that require a decision by the Board of Directors regarding the definition and review of the compensation
policy for members of the Board of Executive Officers and high performance employees, as well as individual compensation incentives packages;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to define the targets and compensation for the Company&#8217;s management, within the limit approved by the annual shareholders&#8217;
meeting;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to monitor the evaluation of the members of the Board of Executive Officers, key executives and talents, in addition to the respective
succession plans;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to approve policies and/or minimal rules to be observed in the nomination process of members of the Company&#8217;s management;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to select and propose for Board of Directors&#8217; approval candidates to the positions of members of Executive Board of Officers
and/or any other positions that may be required by the Board of Directors;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to assist the Board of Directors with the monitoring and discussions related to diversity;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to approve the transfer of employees of the high-leadership;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>to coordinate the management of compensation incentive plans and to approve the relevant programs, grants, exceptions and other
obligations involving employees in general, as permitted by applicable rules; and</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>other matters the Board of Directors may consider relevant and in the interest of the Company.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The current members of the
People Committee are Messrs. Victorio Carlos De Marchi (Chairman), Nelson Jos&#233; Jamel and Claudia Quintella Woods. The members of
this committee are elected by the Board of Directors.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Differences Between
United States and Brazilian Corporate Governance Practices</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In November 2003, the SEC
approved corporate governance rules that had been adopted by the NYSE pursuant to the Sarbanes-Oxley Act of 2002. According to those governance
rules, foreign private issuers that are listed on the NYSE must disclose the significant differences between their corporate governance
practices and those required by the NYSE&#8217;s regulations for U.S. companies.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In November 2016, the Brazilian
Corporate Governance Code, which provides for corporate governance practices guidelines for publicly-held companies, was released by a
workgroup formed by several entities, such as ABRAPP, ABRASCA, ANBIMA, ABVCAP, AMEC, APIMEC, B3, BRAIN, IBGC, IBRI and Instituto IBMEC,
after the contribution and comments made by the CVM. In June 2017, the CVM approved a new rule, which establishes that companies must
inform whether they adhere to the principles and practices set forth in the Brazilian Corporate Governance Code, or otherwise justify
the reasons for non-compliance with such principles and practices. Our report on the Brazilian Code of Corporate Governance, prepared
in accordance with such rules, is available on our website at http://ri.ambev.com.br/, and the updated report was filed with the SEC on
July 22, 2022. Additionally, the B3 and the IBGC-Brazilian Institute of Corporate Governance have issued guidelines for corporate governance
best practices.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The principal differences
between the NYSE corporate governance standards and our corporate governance practices are as follows:</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Independence
of Directors and Independence Tests</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require listed companies to have a majority of independent directors and set forth the principles by which a listed company
can determine whether a director is independent. &#8220;Controlled companies,&#8221; such as Ambev, need not to comply with these requirements.
Nonetheless, our bylaws require that (i) the majority of the members of our Board of Directors must be external directors (i.e. with no
current employment or managerial relationship with the company) and (ii) at least two of our directors be independent. In addition, our
bylaws set forth that directors elected by a separate ballot vote of minority shareholders holding at least 10% of our capital stock shall
be deemed independent.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of the date of this annual
report on Form 20-F, all of our directors, including the independent ones, had been appointed by our controlling shareholder.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Brazilian Corporation
Law and the CVM establish rules in relation to certain qualification requirements and restrictions, compensation, duties and responsibilities
of a company&#8217;s officers and directors.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Executive Sessions</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require non-management directors of a listed company to meet at regularly scheduled executive sessions without management.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to the Brazilian Corporation Law, up to one-third of the members
of the Board of Directors can also hold executive officer positions. However, none of our directors holds an executive officer position
in us at this time and, accordingly, we believe we would follow this NYSE corporate governance standard if we were a U.S. company.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Nominating/Corporate
Governance and Compensation Committees</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require that a listed company have a nominating/corporate governance committee and a compensation committee each composed entirely
of independent directors with a written charter that addresses certain duties.
&#8220;Controlled companies&#8221; such as Ambev need not to comply with this requirement.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, we are not
required under the Brazilian Corporation Law to have, and accordingly we do not have a nominating committee, but we do have a people
committee and a governance committee. According to the Brazilian Corporation Law, Board committees may not have any specific authority
or mandate since the exclusive duties of the full Board of Directors may not be delegated. The role of the corporate governance committee
is generally performed by either our Board of Directors or our executive officers.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Audit Committee
and Audit Committee Additional Requirements</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require that a listed company have an audit committee composed of a minimum of three independent members that satisfy the independence
requirements of Rule 10A-3 under the Exchange Act, with a written charter that addresses certain duties.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We maintain a permanent Fiscal
Council, which is a body contemplated by the Brazilian Corporation Law that operates independently from our management and from our registered
independent public accounting firm. Its principal function is to examine the annual and quarterly financial statements and provide a formal
report to our shareholders. We are relying on the exemption provided by Rule 10A-3(c)(3) and believe that our reliance on this exemption
will not materially affect the ability of the Fiscal Council to act independently and to satisfy the other requirements of Rule 10A-3.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Shareholder
Approval of Equity Compensation Plans</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require that shareholders of a listed company must be given the opportunity to vote on all equity compensation plans and material
revisions thereto, subject to certain exceptions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under Brazilian Corporation
Law, shareholder pre-approval is required for the adoption and revision of any equity compensation plans. Our existing stock ownership
and share based payment plans were approved by our extraordinary general shareholders&#8217; meetings held on July 30, 2013 and on April
29, 2016. An amendment to the share-based payment plan was approved by the annual general shareholders&#8217; meeting held on April 24,
2020.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Corporate Governance
Guidelines</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require that a listed company must adopt and disclose corporate governance guidelines that address certain minimum specified
standards, which include, director qualification standards, director responsibilities, director access to management and independent advisors,
director compensation, director orientation and continuing education, management succession and annual performance evaluation of the Board.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We believe the corporate
governance guidelines applicable to us under the Brazilian Corporation Law are consistent with the guidelines established by the NYSE.
We have adopted and observe our Manual on Disclosure and Use of Information and Policies for Trading with Securities issued by Ambev which
deals with the public disclosure of all relevant information as per CVM&#8217;s guidelines, as well as with rules relating to transactions
involving the dealing by our management and controlling shareholder in our securities.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Code of Business
Conduct</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require that a listed company must adopt and disclose a code of business conduct and ethics for directors, officers and employees
and promptly disclose any waivers of the code for directors or officers. Each code of business conduct and ethics should address the following
matters: (1) conflicts of interest; (2) corporate opportunities; (3) confidentiality; (4) fair dealing; (5) protection and proper use
of company assets; (6) compliance with laws, rules and regulations (including insider trading laws); and (7) encouraging the reporting
of any illegal or unethical behavior.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have adopted a Code of
Business Conduct that applies to all directors, officers and employees. Our Code of Business Conduct is available on our website at http://ri.ambev.com.br/.
The information included on our website or that might be accessed through
our website is not included in this annual report and is not incorporated into this annual report by reference. There are no waivers to
our Code of Business Conduct.</p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Certification
Requirements</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require that each listed company&#8217;s chief executive officer certify to the NYSE each year that he or she is not aware of
any violation by the company of the NYSE corporate governance standards.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As required by Section 303A.12(b)
of the NYSE corporate governance standards, our Chief Executive Officer will promptly notify the NYSE in writing after our executive officer
becomes aware of any material non-compliance with any applicable provisions of the NYSE corporate governance standards.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">D.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Employees</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022, we and our subsidiaries had a total of 47,108
employees, of whom approximately 42% were engaged in production, 40% in sales and distribution and 18% in administration.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth the total number of our employees as of the end of the periods indicated:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td colspan="3" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>As of December
    31,</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">47,108</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">52,806</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">50,479</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table shows
the geographical distribution of our employees as of December 31, 2022:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td colspan="2" style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Geographical Distribution
    of Ambev Employees as of December 31, 2022</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; width: 86%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: left"><b>Location</b></p></td>
    <td style="border-right: Black 1pt solid; text-align: center; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Number of Employees</b></p></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Brazil</b>&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>28,209</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">CAC&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>4,870</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Dominican Republic&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>2,485</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Cuba&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>769</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Guatemala&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>160</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Panama&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>1,456</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Latin America South</b>&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>10,340</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Argentina&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>6,281</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Bolivia&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>1,954</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Uruguay&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>985</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Paraguay&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>556</b></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; text-align: justify">Chile&#9;</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><b>564</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Canada</b>&#9;</td>
    <td style="border-right: Black 1pt solid; text-align: center; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>3,689</b></p></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Total</b>&#9;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: center; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>47,108</b></p></td></tr>
  </table>
<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Industrial Relations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As per the determined under
Brazilian labor legislation, all of our employees in Brazil are represented by labor unions, but only less than 5% of our employees in
Brazil are actually members of labor unions as of December 31, 2022. The number of administrative and distribution employees who are members
of labor unions is not significant. Salary negotiations are conducted annually between the workers&#8217; unions and us. Collective bargaining
agreements are negotiated separately for each facility or distribution center. Our Brazilian collective bargaining agreements have a one-
or two-year term, and we usually enter into new collective bargaining agreements on or prior to the expiration of the existing agreements.
We conduct salary negotiations with labor unions in accordance with local law for our employees located in our CAC, Latin America South
and Canadian operations.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Health and Severance
Benefits</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition to wages, our
employees receive additional benefits. Some of these benefits are mandatory under Brazilian law, some are provided for in collective bargaining
conventions and/or agreements and others are voluntarily granted. The benefits packages
of our employees in Brazil consist of benefits provided both directly by the Company and through FAHZ, which provides medical, dental,
educational and social assistance to current and retired employees of Ambev and their beneficiaries and covered dependents, either for
free or at a reduced cost. We may voluntarily contribute up to 10% of our consolidated net income towards the support of FAHZ in connection
with these benefits, as determined pursuant to the Brazilian Corporation Law and our bylaws.</p>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are required to contribute
8% of each Brazilian employee&#8217;s monthly gross pay to an account maintained in the employee&#8217;s name with the Brazilian government&#8217;s
Severance Indemnity Fund (<i>Fundo de Garantia por Tempo de Servi&#231;o</i>), or the FGTS. Under Brazilian law, we are also required
to pay termination benefits to Brazilian employees dismissed without cause equal to 40% of the accumulated contributions made by us to
the terminated employee&#8217;s FGTS account throughout the employee&#8217;s period of service, among other mandatory termination fees.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We provide health and benefits
in accordance with local law for our employees located in our CAC, Latin America South and Canadian operations.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">E.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Ownership</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table shows
the amount and percentage of our shares held by members of our Board of Directors and by executive officers as of March 1<sup>st</sup>,
2023:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: left"><b>Name</b></p></td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Amount and Percentage
    of Common Shares</b></p></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Victorio Carlos De Marchi(1)&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Michel Dimitrios Doukeris&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Milton Seligman&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Roberto Moses Thompson Motta&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Fabio Colletti Barbosa&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Claudia Quintella Woods&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Fernando Mommensohn Tennenbaum&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Lia Machado de Matos&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Nelson Jos&#233; Jamel&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Antonio Carlos Augusto Ribeiro Bonchristiano&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Marcos de Barros Lisboa&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Carlos Eduardo Klutzenschell Lisboa&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Jean Jereissati Neto&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Lucas Machado Lira&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Eduardo Braga Cavalcante de Lacerda&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Ricardo Morais Pereira de Melo&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Valdecir Duarte &#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Eduardo Eiji Horai&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Carla Smith de Vasconcellos Crippa Prado&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Rodrigo Figueiredo de Souza&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Paulo Andr&#233; Zagman&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Leticia Rudge Barbosa Kina&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Daniel Cocenzo&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Daniel Wakswaser Cordeiro&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Pablo Firpo&#9;</td>
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">*</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; width: 79%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Daniela Gavranic Cachich&#9;</td>
    <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;&#160;&#160;&#160;&#160;&#160;&#160;*</td>
    <td style="width: 8%; text-align: justify">&#160;</td></tr>
  </table>
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<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">*</td><td style="text-align: justify">Indicates that the individual holds less than 1% of the class of securities.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(1)</td><td style="text-align: justify">This Board member is also trustee of FAHZ. For information regarding the shareholdings of FAHZ in Ambev,
see &#8220;Item 7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8212;Ambev&#8217;s Major Shareholders.&#8221;</td></tr></table>


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<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_015"></span>ITEM 7.</td><td>MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Major
Shareholders</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Introduction
</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 42.55pt">Ambev has only one class
of shares (i.e., voting common shares), including in the form of ADSs (evidenced by ADRs), with each ADS representing one Ambev common
share. The Ambev common shares and ADSs are registered under the Exchange Act. As of March 1st , 2023, Ambev had 15,741,734,691 shares
outstanding. As of March 1<sup>st</sup> , 2023, there were 1,411,283,441 Ambev ADSs outstanding (representing 1,411,283,441 Ambev shares,
which corresponds to 8.9% of the total Ambev shares outstanding). The Ambev shares held in the form of ADSs under the Ambev ADS facilities
are deemed to be the shares held in the &#8220;host country&#8221; (i.e., the United States) for purposes of the Exchange Act. In addition,
as of March 1<sup>st</sup>, 2023, there were 171 registered holders of Ambev ADSs.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 42.55pt"><span style="font-style: normal; color: windowtext"></span></p>

<table cellpadding="0" cellspacing="0" style="font: italic bold 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.5in">Control</td><td style="text-align: justify"></td></tr></table>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our direct controlling shareholder, ABI, together with FAHZ, held in
aggregate 72.0% our total and voting capital stock (excluding treasury shares) as of March 1<sup>st</sup> ,&#160;2023. </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">ABI indirectly holds shares
in us representing 61.8% of our total and voting capital stock (excluding treasury shares) as of March 1<sup>st</sup>, 2023.  ABI thus has control over us, even though (1) ABI is subject to the
Shareholders&#8217; Agreement and (2) ABI is controlled by Stichting that represents an important part of interests of BRC and the Interbrew
Founding Families. For further information on these matters see &#8220;Item 4. Information on the Company&#8212;A. History and Development
of the Company&#8212;The InBev-Ambev Transactions&#8221; and &#8220;&#8212;Ambev&#8217;s Major Shareholders&#8212;The Shareholders&#8217;
Agreement.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In March 2021, our board
of directors approved a share buyback program for the repurchase of up to 5,700,000 Ambev shares to cover the delivery of shares under
our share-based compensation plans or to be held in treasury, cancelled or subsequently transferred in private or public transactions.
As of December 31, 2022, we repurchased 5,700,000 Ambev shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2023, as of March 1<sup>st</sup>, we acquired 0 Ambev shares in connection
with preemptive rights related to stock ownership plans at a total cost of R$0.00 million.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2022 we acquired 622,520
Ambev shares in connection with preemptive rights related to stock ownership plans at a total cost of R$ 9.2 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2021 we acquired 4,011,471
Ambev shares in connection with preemptive rights related to stock ownership plans at a total cost of R$71.4 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2020, we acquired 2,937,533
Ambev shares in connection with preemptive rights related to stock ownership plans at a total cost of R$47.4 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For a further description
of our share buyback programs, see &#8220;Item 16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Ambev&#8217;s
Major Shareholders</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table sets
forth information as of March 1<sup>st</sup>, 2022, with respect to any person known to us to be the beneficial owner of 5% or more of
our outstanding shares:</p>

<table cellspacing="0" cellpadding="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-size: 9pt"><b>Shareholder</b></span></p></td>
    <td colspan="2" style="border-top: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-size: 9pt"><b>Amount
    and Percentage<br />
    of Common Shares</b></span></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; width: 74%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">The
    Bank of New York Mellon &#8211; ADR Department(1)&#9;</span></td>
    <td style="vertical-align: top; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">1,411,283,441</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">8.9%</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">Interbrew
    International B.V&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">8,441,916,367</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">53.6%</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">AmBrew
    S.A&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">1,287,671,100</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">8.2%</span></td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">FAHZ(2)&#9;</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 9pt">1,609,987,301</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">10.2%</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<td style="width: 0"></td><td style="width: 0.25in">(1)</td><td style="text-align: left">Represents the number of shares held in the form of ADSs. The Bank of New York Mellon is the depositary of
Ambev shares in accordance with the deposit agreement entered into with Ambev and the owners of Ambev ADSs.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(2)</td><td style="text-align: left">Mr. Victorio Carlos De Marchi, who is a FAHZ-appointed director of Ambev, is also member of Advisory Board
of FAHZ.</td></tr></table>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For a description of our
major shareholders&#8217; voting rights, see &#8220;&#8212;The Shareholders&#8217; Agreement.&#8221;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">The Shareholders&#8217;
Agreement</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Shareholders&#8217; Agreement,
effective since July 2, 2019, was executed on April 16, 2013 by IIBV, AmBrew and FAHZ, as well as Ambev, as intervening party. The Shareholders&#8217;
Agreement may be terminated at any time upon FAHZ ceasing to hold at least 1,501,432,405 of Ambev&#8217;s common shares (adjusted for
any future share dividends, stock-splits and reverse stock-splits) or if FAHZ decides to early terminate it. Among other matters, the
Shareholders&#8217; Agreement governs the voting of the Ambev common shares subject to the agreement and the voting by Ambev of the shares
of its majority-owned subsidiaries.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Management of Ambev</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Shareholders&#8217; Agreement
establishes that Ambev will be managed by a Board of Directors and by a Board of Executive Officers. Ambev&#8217;s Board of Directors
shall have one Chairman or two (2) Co-Chairmen.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Presently, under the Shareholders&#8217;
Agreement, FAHZ is entitled to appoint two directors and their respective alternates to the Board of Directors of Ambev, provided it holds
at least 1,501,432,405 Ambev common shares (adjusted for any future share dividends, stock-splits and reverse stock-splits). One of the
FAHZ-appointed directors shall have the right to also be appointed as a member of Ambev&#8217;s Operations and Finance Committee, of the
Governance Committee and of the People Committee, as well as any other committee that may be established by Ambev&#8217;s Board of Directors.
Furthermore, the shareholders shall use their best efforts to allow one of the FAHZ-appointed directors to participate as an observer
in meetings of Ambev&#8217;s Fiscal Council, whenever such body is installed in lieu of the audit committee required by the Sarbanes-Oxley
Act of 2002.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">FAHZ may remove a director
that it has appointed to the Board of Directors of Ambev, and also has the right to appoint the respective replacement or a new alternate,
if the originally appointed alternate is confirmed for the vacant position.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The foregoing provisions
of the Shareholders&#8217; Agreement regarding Ambev&#8217;s management bodies do not apply to the management bodies of Ambev&#8217;s
majority-owned subsidiaries.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Preliminary Meetings and Exercise
of Voting Rights</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On matters submitted to a
vote of the shareholders or their representatives on the Board of Directors of Ambev or its majority-owned subsidiaries, FAHZ, IIBV and
AmBrew agreed to endeavor to first reach a consensus with respect to voting their common shares of each of Ambev and its majority-owned
subsidiaries and agreed on the manner to direct their representatives to vote on the matter being submitted. The Shareholders&#8217;
Agreement provides that the parties should hold a preliminary meeting in advance of all meetings of shareholders or the Board of Directors
of Ambev or of its majority-owned subsidiaries, with the purpose of discussing and determining a consensus position to be taken by the
parties in such meetings.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If the parties fail to reach
a consensus with respect to a particular matter, the position to be adopted by the parties to the Shareholders&#8217; Agreement will be
determined by the shareholder or group of shareholders holding a majority of Ambev common shares. The following matters are not subject
to the foregoing rule: (1) election of members to the Board of Directors or to any committee of the Board of Directors, which shall follow
the specific election procedure described above under &#8220;&#8212;Management of Ambev&#8221; and (2) matters that require unanimous
approval by FAHZ, IIBV and AmBrew, as follows:</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>any amendment to the bylaws of Ambev and/or any of its majority-owned subsidiaries with the purpose of changing: (1) the corporate
purpose of those companies with a view to causing them to cease the production, commercialization and distribution of beverages, (2) the
allocation of Ambev&#8217;s results of operations, as set forth in its bylaws, or other similar provisions in the bylaws of Ambev&#8217;s
majority-owned subsidiaries that are meant to provide financial support to FAHZ, (3) the minimum mandatory dividend of 40% of Ambev&#8217;s
adjusted net income, and/or (4) any other provision that affects FAHZ&#8217;s rights under the Shareholders&#8217; Agreement; and</p>



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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.75in; text-align: justify"></p>


<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>the transformation of Ambev into a different form of legal entity.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">FAHZ, IIBV and AmBrew, as
well as any member appointed by them to our Board of Directors or any of its majority-owned subsidiaries, are not required to observe
decisions reached at preliminary meetings when deciding on the following matters:</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>analysis and approval of management accounts of Ambev and its majority-owned subsidiaries;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>analysis and approval of the financial statements and management reports of Ambev and its majority-owned subsidiaries;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>any matters or actions typified as abuse of control, as set forth in the first paragraph of Section 117 of the Brazilian Corporation
Law; and</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>actions and practices relating to management&#8217;s diligence, loyalty and other related duties, as established in Sections 153
to 158 of the Brazilian Corporation Law.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Transfer of Shares</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Shareholders&#8217;
Agreement, the following rules shall apply:</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>in the event of a transfer of Ambev common shares subject to the Shareholders&#8217; Agreement (1) by IIBV and/or AmBrew, where
such transfer results in these entities jointly holding a total equity interest in Ambev represented by less than 50% plus one Ambev common
share, and/or (2) by FAHZ upon making one and only one eligible transfer of at least 1,501,432,405 Ambev common shares (adjusted for any
future share dividends, stock-splits and reverse stock-splits) to a single buyer and subject to the first offer obligations described
below, then, in either of those cases, the Ambev common shares subject to those transfers shall remain bound by the Shareholders&#8217;
Agreement. Only in those two cases shall a third party acquiring the Ambev common shares in those transfers be able to adhere to the Shareholders&#8217;
Agreement in order for the transfer to be effective;</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>at any time FAHZ may elect to release its Ambev common shares subject to the Shareholders&#8217; Agreement for the exclusive purpose
of selling them in the stock market or over-the-counter market, provided that (1) it maintains at least 1,501,432,405 Ambev common shares
(adjusted for any future share dividends, stock-splits and reverse stock-splits) subject to the Shareholders&#8217; Agreement, and (2)
it observes the first offer obligations described below; and</p>

<p style="font: 10pt Times New Roman,serif; margin: 10pt 0 0; text-align: justify; text-indent: 36pt"><span style="font-family: Symbol">&#183;</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</span>in the event FAHZ intends to execute the above-referenced one and only one eligible transfer or release, it shall first offer the
Ambev common shares to the remaining parties to the Shareholders&#8217; Agreement for their average quoted market price on the 20 trading
sessions immediately prior to the date of the relevant first offer (or the last 40 trading sessions if no Ambev common shares were negotiated
in at least half of the 20 immediately preceding trading sessions). The offerees will have five days, as of the first offer date, to accept
or refuse the offer, and, if expressly or tacitly refused (or in the event the offerees fail to timely pay the applicable purchase price),
then FAHZ may either proceed with such transfer or release its Ambev common shares from the Shareholders&#8217; Agreement and thereafter
sell them to third parties within ten days.</p>


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Specific Performance</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The obligations of the parties
under the Shareholders&#8217; Agreement will be subject to specific performance under applicable Brazilian law.</p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Related
Party Transactions</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Overview</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have executed and may in the future execute related party transaction
with certain of our significant shareholders or other related parties and certain of their affiliates. These transactions include but
are not limited to: (1) the purchase and sale of raw material with affiliated entities, (2) entering into distribution, sale, cross-licensing,
transfer pricing, indemnification, service and other agreements with affiliated entities, (3) import agreements with affiliated entities,
and (4) royalty agreements with affiliated entities. These transactions have been entered into only on an arm&#8217;s length basis in
accordance with our best interests and customary market practices at the time of their execution. In addition, the Governance Committee
is responsible for assisting the Board in reviewing, analyzing and deciding on these transactions to help ensure that their terms are
reasonable and that they comply with all applicable laws and regulations, as well as our corporate governance and best practices principles.
See &#8220;Item 6. Directors, Senior Management and Employees&#8212;C. Board Practices&#8212;The Board of Directors&#8212;Governance Committee.&#8221;
Set forth below is a discussion of our material related party transactions. For further information on our related party transactions,
see Note 31 to our audited consolidated financial statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev, ABI and its subsidiaries,
such as Anheuser-Busch Inbev USA LLC (&#8220;ABI USA&#8221;) and Cervecer&#237;a Modelo, among others, have entered into several agreements
for the production, import, distribution and sale of branded products, such as Stella Artois, Beck's, Budweiser, Spaten, Michelob Ultra
and Corona (including Corona Extra, Corona Light, Coronita, Pac&#237;fico and Modelo), among others (&#8220;ABI Products&#8221;) by
Ambev in Brazil and its subsidiaries located in countries in which the Company has operations, such as Canada, Argentina, Chile, Paraguay,
Uruguay, Bolivia, Dominican Republic, Panama, Guatemala, among others. These agreements were duly approved by the Governance Committee
and the Company&#8217;s Board of Directors. See &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;Licenses&#8212;Licensing
Agreements with ABI.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In November 2021, Ambev and
ABI negotiated the general guidelines on royalties and transfer price for the royalty percentages and mark-ups applicable to the production,
import, distribution and sale of (a) finished products of ABI and/or its respective subsidiaries by the Company and/or its respective
subsidiaries; and (b) finished products of the Company and/or its respective subsidiaries by ABI and/or its respective subsidiaries. All
metrics, prices and methodologies were stablished on similar arm&#8217;s length basis, based on a study carried out by a top-tier external
audit firm, duly approved by the Governance Committee and the Company&#8217;s Board of Directors.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Ambev and FAHZ</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Medical, Dental
and Social Assistance</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">One of the activities of
FAHZ, as described in its bylaws, is to provide medical and dental assistance and other benefits both to active and certain of our employees,
retired employees and executive officers (including their dependents).</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Ambev and ABI</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Licensing Agreements</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item 4. Information
on the Company&#8212;B. Business Overview&#8212;Licenses&#8212;Licensing Agreements with ABI.&#8221;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Renegotiation
of Tenedora&#8217;s shareholders agreement</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We and ELJ currently own
85% and 15% of the shares of Tenedora, respectively, which in turns owns Cervecer&#237;a Nacional Dominicana, S.A. On July 2, 2020,
we and ELJ amended the Tenedora&#8217;s Shareholders Agreement (the &#8220;Shareholders Agreement&#8221;) to extend our partnership and
change some of the terms of the put and call options provided therein. Pursuant to this amendment, ELJ&#8217;s put option currently covers
two different tranches: (i) Tranche A, corresponding to 12.11% of the shares, is subject to a put option exercisable in 2022, 2023 and
2024; and (ii) Tranche B, corresponding to 2.89% of the shares, is subject to a put option starting in 2026. Our call option
relating to Tranche A shares may be exercised starting in 2021 and our call option relating to the Tranche B shares may be exercised starting
in 2029. As of the date hereof, these options have not been exercised. The terms and conditions of these options are further described
in Note 28 Item IV (d) to our audited consolidated financial statements.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Interests
of Experts and Counsel</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>


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<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_016"></span>ITEM 8.</td><td>FINANCIAL INFORMATION</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Consolidated
Financial Statements and Other Financial Information</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Consolidated
Financial Statements</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item 17. Financial
Statements.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Legal Proceedings</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are subject to numerous
claims with respect to tax, labor, civil and other matters (consisting of antitrust, environmental and other proceedings that do not fit
in the other categories). Such proceedings involve inherent uncertainties including, but not limited to, as a result of court rulings,
negotiations between affected parties and governmental actions, and, consequently, our management cannot at this stage estimate with certainty
how and when these matters will be resolved.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">To the extent that we believe contingencies arising from these proceedings
will probably be materialized, they have been recorded in the balance sheet. As of December 31, 2022, our provisions for legal contingencies
totaled R$ 990.8 million, of which R$907.9 million were recorded in provision account and R$82.9 million in income taxes (IRPJ and CSLL)
contingencies, in accordance with IFRIC23. We have estimated the total exposures of possible (but not probable) losses, which are not
recorded as liabilities, to be R$91.6 billion as of December 31, 2022. Our estimates are based on reasonable assumptions, external opinions
and management assessments, but should the worst-case scenario develop, subjecting us to losses in all cases classified as possible (but
not probable), our net impact on our results of operations would be an expense for this amount. Except as set forth herein, there are
no legal proceedings to which we are a party, or to which any of our properties are subject which, either individually or in the aggregate,
may have a material adverse effect on our results of operations, liquidity or financial condition. The Company and its subsidiaries have
guarantee-insurance policies and letters of guarantee for some legal actions, presented as guarantee for civil, labor and tax executions
or to enable resources of labor nature. For more information, see Notes 27 and 30 to our audited consolidated financial statements.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Tax Matters</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><span style="font-weight: normal; text-transform: none">As
of December 31, 2022, we had several tax claims pending against us, including judicial and administrative proceedings. Most of these claims
relate to income taxes (IRPJ and CSLL), Social Contributions on Gross Revenues (PIS and COFINS), ICMS Value-Added Tax and IPI Excise Tax.
As of December 31, 2022, we had made provisions of R$403.3 million in connection with those tax proceedings for which we believe there
is a probable chance of loss.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><span style="font-weight: normal; text-transform: none">Among
the pending tax claims, there are claims filed by us against Brazilian tax authorities alleging that certain taxes are unconstitutional.
As these claims are contingent on obtaining favorable judicial decisions, the corresponding assets which might arise in the future are
only recorded once it becomes certain that we will receive the amounts previously paid or deposited.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><span style="font-weight: normal; text-transform: none">As
of December 31, 2022, we were party to tax proceedings with a total estimated possible risk of loss of R$90.4 billion. Approximately
67% (R$60.5 billion) of this figure is related to controversies related to payment of IRPJ and CSLL, and approximately 32% (R$29.2 billion)
is related to controversies involving the payment of PIS, COFINS, ICMS Value-Added and IPI Excise Tax, and the remainder relates to controversies
involving other taxes. The most significant proceedings are discussed below.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, if unfavorable
final decisions are issued at the administrative level in connection with tax proceedings in which we are party, we may challenge these
decisions in judicial courts and be required to post surety bonds or similar guarantees. As of December 31, 2022, approximately 70% (R$63.3
billion) of the ongoing tax proceedings with total estimated possible loss are at the administrative level of dispute and approximately
30% (R$27.1 billion) are at the judicial level of dispute.<span style="font-weight: normal; text-transform: none">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>ICMS Value-Added Tax,
IPI Excise Tax and PIS and COFINS </b></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Manaus Free Trade Zone &#8211; IPI
Excise Tax / PIS and COFINS</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In Brazil, goods manufactured
within the Manaus Free Trade Zone intended for remittance elsewhere in Brazil are exempt and/or zero rated from IPI Excise Tax, PIS and
COFINS. With respect to IPI Excise Tax, we have been registering IPI Excise Tax presumed credits upon the acquisition of exempted goods
manufactured therein. Since 2009, we have been receiving a number of tax assessments from the Brazilian Federal Tax Authorities (&#8220;RFB&#8221;),
relating to the disallowance of such credits.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have also been receiving
charges from the RFB in relation to (i) federal taxes allegedly unduly offset with the disallowed presumed IPI Excise Tax credits that
are under discussion in these proceedings and (ii) PIS/COFINS amounts allegedly due on Arosuco&#8217;s remittance to Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In April 2019, the STF announced its judgment on Extraordinary Appeal No. 592.891/SP, with binding effects, deciding on the rights of taxpayers
registering IPI Excise Tax presumed credits on acquisitions of raw materials and exempted inputs originating from the Manaus Free Trade
Zone. As a result of this decision, we reclassified part of the amounts related to the IPI Excise Tax cases as remote losses maintaining
as possible losses only issues related to other additional discussions that were not included in the analysis of the STF, such as disputes
encompassing the fiscal classification of concentrate units . The cases are being challenged at both the administrative and judicial levels.
Our management estimates the possible losses related to these proceedings to be approximately R$5.9 billion as of December 31, 2022. We
have not recorded any provision in connection with these assessments.</p>



<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In addition, over the past
years we and our subsidiaries have been imposed isolated fines due to the non-recognition of tax offsets. We have filed defenses in these
cases and await judgment by the competent administrative level authority. The constitutionality of this penalty is under review by the
Brazilian Supreme Court. The updated assessed amount of these fines as of December 31, 2022 is approximately R$ 0.2 billion. We have not
recorded any provisions for this matter as we consider the chance of loss to be possible. Should a favorable binding decision be ruled
by the STF under the matter, the provisions related to this matter will be altered for remote.</p>

<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: bold 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 35.45pt">IPI Excise Tax Suspension</p>

<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In 2014 and 2015, we received tax assessments from the RFB relating to
IPI Excise Tax allegedly due over remittances of manufactured goods to other related factories. The cases are being challenged at both
administrative and judicial levels. We&#8217;ve received partially favorable decisions at the administrative level. In July 2022, we received
the first judicial decision on this matter; the decision was unfavorable to us, and we have filed an appeal.</p>

<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In October 2022, the Upper
Administrative Court rendered a partially favorable decision to us in one of the cases related to this matter. We await formal notification
of this decision to assess whether any portion of the tax assessment may be challenged at the judicial level.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our management estimates
the possible losses related to these assessments to be approximately R$1.7 billion as of December 31, 2022. We have not recorded any provision
in connection with these assessments.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">ICMS-ST Trigger</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Over the years, we and our
subsidiaries received tax assessments charging alleged ICMS differences considered due in the tax substitution system when the price of
the products sold by us is above the fixed price table basis established by certain Brazilian states, cases in which the tax authorities
understand that the calculation basis should be based on a value-added percentage over the actual prices, not the fixed table price. We
are currently challenging these charges at both the administrative and judicial levels of the courts. Our management estimates the amount
related to these assessments to be approximately R$9.3 billion as of December 31, 2022, classified as a possible loss and, therefore,
for which we have made no provision.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">ICMS tax incentives</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2015, we received a tax assessment issued by the State of Pernambuco
charging ICMS differences due to an alleged non-compliance with the State Tax Incentive Program (PRODEPE) as a result of the rectification
of our monthly reports. The state tax authorities decided that we were not able to use our tax incentives due to such rectifications.
In 2017, we received a final favorable decision nullifying the assessment due to formal mistakes of the tax auditor. However, in September
2018, we received a new tax assessment with respect to the same matter. In June 2020, Ambev received the first level administrative decision,
which was partially favorable to the Company in the sense of recognizing the miscalculation of the tax incentive credit by the tax authorities.
The favorable portion of the aforementioned decision is final and unappealable. With regard to the unfavorable portion, Ambev filed an
administrative appeal, and the judgement is pending. There are other assessments related to this same State Tax Incentive Program and
some of them are being discussed at the judicial level. Our management estimates the amount related to these assessments to be approximately
R$ 0.7 billion as of December 31, 2022, classified as a possible loss and, therefore, for which we have made no provision.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Over the years, we have also
received tax assessments issued by the State of Para&#237;ba charging ICMS differences due to an alleged non-compliance with the State
Tax Incentive Program (FAIN). We are currently challenging these charges at both the administrative and judicial levels of the courts.
Our management estimates the possible losses related to these assessments to be approximately R$ 0.6 billion as of December 31, 2022.
We have not recorded any provision in connection therewith.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">ICMS tax credits</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are currently challenging
tax assessments issued by the states of S&#227;o Paulo, Rio de Janeiro, Minas Gerais, among others, questioning the legality of ICMS
tax credits arising from transactions with companies that have tax incentives granted by other states. The cases are being challenged
at both the administrative and judicial level of the courts. On August 2020, the STF issued a binding decision (Extraordinary Appeal No.
628.075) ruling that tax credits granted by the states in the context of the &#8220;ICMS tax war&#8221; shall be considered unlawful.
The decision also recognized that the states should abide by the tax incentives validation process provided for in Complementary Law No.
160/17. This decision does not change the likelihood of loss in Ambev&#180;s tax assessments. With respect to the assessments issued
by the State of S&#227;o Paulo regarding tax credits from the State of Amazonas, we received unfavorable decisions at the second administrative
level in April, May and June 2022. In these cases, we have filed a motion for reconsideration with the second administrative level. Our
management estimates the possible losses related to these assessments to be approximately R$ 1.7 billion as of December 31, 2022. We have
not recorded any provision in connection therewith.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our subsidiary Arosuco has
also received tax assessments from the state of Amazonas charging alleged differences in ICMS due to questions about the calculation basis
applied in certain sales transactions. The cases are being challenged at the administrative level. Arosuco management estimates the possible
losses related to these assessments to be approximately R$ 0.6 billion as of December 31, 2022. We have not recorded any provisions in
connection therewith.</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, in 2018 and 2021, we received tax assessments from the States
of Rio Grande do Sul and S&#227;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from transactions
with suppliers located in the Manaus Free Trade Zone. <span style="background-color: white">With regards to the assessment issued by the
State of Rio Grande do Sul, we received a favorable decision at the second administrative level in February 2022, which is still subject
to appeal by tax authorities.&#160; </span>With respect to the assessments issued by the State of S&#227;o Paulo, we received unfavorable
decisions at the first administrative level in May and June 2022. In these cases, we have filed appeals with the second administrative
level.&#160;Our management estimates the possible losses related to these assessments to be approximately R$ 0.7 billion as of December
31, 2023. We have not recorded any provisions in connection therewith.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">PIS/COFINS bonus over products</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.5in">We have received tax
assessments issued by the RFB charging PIS and COFINS allegedly due over bonus products granted to our customers. These charges are being
challenged at both the judicial and administrative levels of the courts. In 2019 and 2020, we received final favorable decisions at the
administrative level in some of these cases and favorable decisions in other cases that are still subject to review. At the judicial level,
one case is pending decision by the second level judicial court after the first level judicial court rendered an unfavorable decision
to us.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our management estimates
the possible losses related to these assessments to be approximately R$ 1.6 billion as of December 31, 2022. No related provision has
been made.</p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Foreign Earnings</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Since 2005, we and certain
of our subsidiaries have been receiving a number of assessments from the RFB relating to profits of our foreign subsidiaries. The cases
are being challenged at both the administrative and judicial levels of the courts in Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The administrative proceedings
have resulted in partially favorable decisions, which are still subject to review by the administrative court. <span style="font-size: 9pt">In
August 2022, the Upper Administrative Court rendered favorable decisions to us on two cases related to the taxation of profits of foreign
subsidiaries, one of which recognized the application of the double tax treaty signed by Brazil to mitigate such taxation. In October
2022, the Lower Administrative Court rendered a favorable decision to us on a third related case. We are awaiting formal notification
of this decision to analyze its content and any applicable legal motions or appeals.</span> In the judicial proceedings, we have received
favorable injunctions that suspend the enforceability of the tax credit, as well as favorable first level decisions, which remain subject
to review by the second level judicial court.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount related to this uncertain tax position, as per ICPC22/ IFRIC 23<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">,
as of December 31, 2022 is approximately R$7.3 billion. We have not recorded any provisions for this matter based on the probability of
loss of the lawsuit. For proceedings where it considers the chance of loss to be probable, Ambev has recorded a provision in the total
amount of R$58 million.</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Disallowance on Income Tax Deduction</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In January 2020, Arosuco
(one of our subsidiaries) received a tax assessment from the RFB regarding the disallowance of the income tax reduction benefit provided
for in the Provisional Measure No. 2199-14/2001, for calendar years 2015 to 2018. In response, an administrative defense was filed. In
October 2020, the first level administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned
decision and awaits judgment by the Lower Administrative Court.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount
related to this uncertain tax position, as per ICPC22/ IFRIC 23, as of December 31, 2022, is approximately R$2.3 billion. We have not
recorded any provisions for this matter based on the probability of loss of the lawsuit.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">This uncertain tax position, as per ICPC 22/IFRIC
23, continued to be adopted by Arosuco impacting calendar years following those assessed (2019-2022) in which it benefited from the income
tax reduction provided for in Provisional Measure No. 2199-14/2001. In a scenario Arosuco is questioned on this matter for future periods,
on the same basis and arguments as the aforementioned tax assessment, Arosuco management estimates that the outcome of such potential
further assessments would be consistent to the already assessed periods.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Goodwill - InBev Holding</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In December 2011, we received a tax assessment from the RFB related to
the goodwill amortization resulting from Inbev Holding Brazil&#8217;s merger. At the administrative level, decisions partially favorable
to Ambev were rendered by both the Lower and Upper Administrative Court. Ambev filed judicial proceedings to discuss the unfavorable portion
of the decisions of Administrative Courts and requested injunctions to suspend the enforceability of the remaining amount being charged.
The injunctions were granted.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In June 2016, we received
a new tax assessment charging the remaining value of the goodwill amortization (from 2011 to 2013) and filed a defense. Partially favorable
decisions were rendered by the first level administrative court and the Lower Administrative Court. We filed a special appeal for analysis
of the case by the Administrative Upper Court, and the judgment is pending. For the unfavorable portion of the decision which became final
at the administrative level, we filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining amount
being charged. The injunction was granted.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount related to this uncertain tax position, as per ICPC22/ IFRIC 23<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">,
as of December 31, 2022 is approximately R$11.1 billion. The risk of loss has been classified as possible and accordingly, no related
provision has been made. In the event we are required to pay these amounts, ABI will reimburse us in the amount proportional to the benefit
received by us pursuant to the merger protocol as well as the related costs.</span></p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Goodwill - Beverage Associate Holding
(BAH)</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In October 2013, we received
a tax assessment related to the goodwill amortization resulting from the merger of Beverage Associates Holding Limited, or BAH, into
us. The decision from the first level administrative court was unfavorable and we filed an appeal to the Lower Administrative Court against
the decision which was partially granted. Given the partially favorable decision, both the Brazilian tax authorities and we appealed
to the Upper Administrative Court. In July 2022, the Upper Administrative Court rendered a partially favorable decision to us. The decision
did not recognize the Special Appeal filed by the tax authorities, thereby preserving the portion of the decision rendered by the Lower
Administrative Court that was favorable to us with respect to the imposed qualified penalties and the statute of limitations for one
of the calendar years under discussion; this portion of the decision that is favorable to us is final. In January 2023, Ambev filed a
judicial proceeding to appeal against the unfavorable portion of the decision.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In April and August 2018, we received new tax assessments
charging the remaining value of the goodwill amortization and filed defenses. The decisions rendered by the first level administrative
court were unfavorable to us and we filed appeals to the Lower Administrative Court, which were partially granted. Given the partially
favorable decisions, both the Brazilian tax authorities and we appealed to the Upper Administrative Court. The decision regarding these
appeals is still pending.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount
related to this uncertain tax position, as per ICPC22/ IFRIC 23, as of December 31, 2022 is approximately R$2.2 billion. We have not recorded
any provisions for this matter based on the probability of loss of the lawsuit.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Goodwill - CND Holdings</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In November 2017, we received
a tax assessment related to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev.
The decision issued by first level administrative court was unfavorable to us. We filed an appeal to the Lower Administrative Court which
was partially granted. Given the partially favorable decision, both us and the Brazilian tax authorities appealed to the Upper Administrative
Court. The decision regarding these appeals is still pending. In October 2022, we received a new tax assessment charging the remaining
value of the goodwill amortization in calendar year 2017. We filed a defense and await judgment by the first level administrative court.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The
updated assessed amount related to this uncertain tax position, as per ICPC 22/IFRIC 23, as of December 31, 2022 is approximately R$1.3
billion. We have not recorded any provisions for this matter based on the probability of loss of the lawsuit.</p><p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Goodwill
- MAG</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In December 2022, CRBS S.A
(one of our subsidiaries) received a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from
the merger of RTD Barbados into CRBS, with the latter as the surviving entity. We filed a defense and await judgment by the first level
administrative court.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount
to this uncertain tax position, as per ICPC22/IFRIC 23, as of December 31, 2022 is approximately R$ 251 million. We have not recorded
any provisions for this matter as we consider the chance of loss to be possible.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">This uncertain tax position,
as per ICPC 22/IFRIC 23, continued to be applied by the Company impacting calendar years following those assessed (2021- 2022). In a
scenario we are questioned on this matter for future periods, on the same basis and under the same arguments as the aforementioned tax
assessments, we estimate that the outcome of such potential further assessments would be consistent to the already assessed periods.<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Disallowance of financial expenses and Deductibility of Losses</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2015, 2016 and 2020,
we received tax assessments from the RFB related to the disallowance of alleged non-deductible expenses and the deduction of certain
losses mainly associated with financial investments and loans. After we presented our defenses, the first level administrative court
rendered a favorable decision with respect to the 2016 case and, in June 2021, we received a partially favorable decision in connection
with the 2020 case, against which we filed an appeal to the Lower Administrative Court challenging the unfavorable portion of the decision.
In June 2022, we received a partially favorable decision at the first level administrative court regarding the 2015 case and filed an
appeal to the Lower Administrative Court. The favorable portion of these decisions are subject to mandatory review by the Lower Administrative
Court.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount related to this uncertain tax position, as per ICPC 22/ IFRIC 23, as of December 31, 2022 is approximately
R$5.2 billion. We have not recorded any provisions for this matter based on the probability of loss of the lawsuit.</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Disallowance of Taxes Paid Abroad</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Since 2014, we have been
receiving tax assessments from the RFB related to the disallowance of deductions associated with alleged unproven taxes paid abroad by
our subsidiaries and have been filing defenses. The cases are being challenged at both the administrative and judicial levels. In November
2019, the Lower Administrative Court rendered a favorable decision regarding an assessment from 2010, which became final.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In January 2020, the Lower
Administrative Court rendered unfavorable decisions regarding four of these assessments, from 2015 and 2016. In these cases, we filed
Special Appeals to the Upper Administrative Court which are pending judgment. With respect to the cases related to the periods of 2015
and 2016, tax assessments were filed to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly
undue deductions of taxes paid abroad. We filed defenses to the first level administrative court. In 2021, the first level administrative
court rendered unfavorable decisions with respect to both the 2015 and 2016 isolated fine cases in two of these assessments and we filed
appeals in connection therewith, which are pending judgment by the Lower Administrative Court. In 2022, we received an unfavorable decision
from the first level administrative court in the second assessment related to the 2016 isolated fine case, and filed an appeal in connection
therewith, which awaits judgment by the Lower Administrative Court. In October 2022, we received a new tax assessment imposing such isolated
fine related to the calendar year 2017. We filed a defense in this case and await judgment by the first level administrative court. There
is a third tax assessment charging such isolated fine that awaits judgment by the first level administrative court.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The other cases are still
awaiting final decisions at both administrative and judicial.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount
related to this uncertain tax position, as per ICPC 22/IFRIC 23, as of December 31, 2022 is approximately R$ 12.6 billion. We have not
recorded any provisions for this matter based on the probability of loss of the lawsuit.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">This uncertain tax position,
as per ICPC 22/ IFRIC 23, continued to be applied by the Company impacting calendar years following those assessed (2018- 2022). In a
scenario we are questioned on this matter for future periods, on the same basis and under the same arguments as the aforementioned tax
assessments, we estimate that the outcome of such potential further assessments would be consistent to the already assessed periods.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In
addition, over the past years we have been imposed isolated fines due to the non-recognition of tax offsets. We have filed defenses in
these cases and awaits judgment by the competent administrative level authority. The constitutionality of this penalty is under review
by the Brazilian Supreme Court. The updated assessed amount of these fines as of December 31, 2022 is approximately R$ 1.2 billion. We
have not recorded any provisions for this matter as we consider the chance of loss to be possible. Should a favorable binding decision
be ruled by the STF under the matter, the provisions related to this matter will be altered for remote.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Presumed Profit</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In April 2016, Arosuco (one
of our subsidiaries) received a tax assessment regarding the use of the &#8220;presumed profit&#8221; method for the calculation of income
tax and the social contribution on net profit instead of the &#8220;real profit&#8221; method. In September 2017, Arosuco received an
unfavorable first level administrative decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable
decision to Arosuco, which became final.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In March 2019, a new tax
assessment regarding the same subject matter was received and we filed a defense. In October 2019, Arosuco received an unfavorable first
level administrative decision and filed an appeal.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022, Arosuco&#8217;s management estimated that the
updated assessed amount related to this uncertain tax position, as per IFRIC 23, is approximately R$ 0.6 billion. The risk of loss has
been classified as possible and, accordingly, no related provision has been made.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Deductibility of IOC expenses</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2013, as approved at our
Shareholders Meeting, we implemented a corporate restructuring to simplify our corporate structure and convert into a single class of
shares, among other factors. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares
of its controlled entity Companhia de Bebidas das Am&#233;ricas into Ambev. As one of the results of this restructuring, the counterpart
register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#8217;s
share was accounted, as per IFRS 10/CPC 36 and ICPC09, in an equity account of Ambev referred to as carrying value adjustment.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In November 2019, we received
a tax assessment from the RFB questioning the interest on capital, or IOC, deduction in 2014. The tax assessment refers primarily to the
accounting and corporate effects of the corporate restructuring carried out by us in 2013 and its impacts on the increase in the deductibility
of IOC expenses. In August 2020, Ambev received a partially favorable decision at the first level administrative Court and filed an Appeal
to the Lower Administrative Court which awaits judgement. The favorable portion of the decision is also subject to mandatory review by
the Lower Administrative Court.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In December 2020, Ambev received
a new tax assessment related to the deduction of the IOC in 2015 and 2016. The defense against such new tax assessment was filed by Ambev
in January 2021. In June 2021, Ambev received a partially favorable decision and filed an appeal to the Lower Administrative Court which
also awaits judgement. Similar to the first tax assessment, the favorable portion of the decision is also subject to mandatory review
by the Lower Administrative Court.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In December 2022, Ambev
received a new tax assessment related to the deduction of the IOC in 2017. The defense against this new tax assessment was filed by Ambev
in January 2023, which is pending judgment by the first level administrative court.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount
related to this uncertain tax position, as per ICPC 22/IFRIC 23, as of December 31, 2022 is approximately R$ 13.8 billion. We have not
recorded any provisions for this matter based on the probability of loss of the lawsuit.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The uncertain tax position, as per ICPC 22/ IFRIC
23, continued to be adopted by the Company as it also distributed IOC in the years following the assessed period (2018-2022) and deducted
such amounts from its Corporate Income Taxes taxable basis. Therefore, in a scenario where the IOC deductibility would also be questioned
for the period after 2017, on the same basis and arguments as the aforementioned tax assessments, Ambev management estimates that the
outcome of such potential further assessments would be consistent to the already assessed periods.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Tax Loss Offset</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2008 and 2010 we received
a number of assessments from the Brazilian Federal Tax Authorities relating to the offset of tax losses carried forward in the context
of business combinations in calendar year 2005.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In February 2016, the Upper
Administrative Court ruled unfavorably to us in two of these cases, following which we filed judicial proceedings. In September 2016,
we received a favorable first level decision in one of the judicial claims which was confirmed by the second-level judicial court in December
2022. This decision is subject to appeal by the tax authorities. In March 2017, we received an unfavorable first level decision with respect
to the second judicial case and filed an appeal, which is pending judgment by the second-level judicial court.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There is a third case being
challenged at the administrative level in which an unfavorable decision was rendered to us by the Lower Administrative Court in June 2019.
We appealed against this decision and await judgment by the Upper Administrative Court.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The updated assessed amount
related to this uncertain tax position, as per ICPC 22/ IFRIC 23, as of December 31, 2022 is approximately R$548 million. We have not
recorded any provisions for this matter based on the probability of loss of the lawsuit.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Adherence to the Special Tax Regularization
Program</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In September 2017, we decided
to participate in the Federal Tax Amnesty Program established by Provisional Measure No. 783/2017, converted into Law No. 13,496/2017,
or PERT 2017, undertaking to pay certain tax assessments that were in dispute under administrative or judicial levels, including debts
from our subsidiaries, in the total amount of R$3.5 billion (already considering discounts established by the program). The total amount
paid in 2017 was approximately R$960.0 million and the balance will be paid in 145 monthly installments, with interest, as of January
2018. All installments due up to the date have been paid by the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Despite our participation
in this program, we could be subject to tax audits for subsequent periods, which may lead to tax challenges by the relevant authorities
on similar claims. In addition, if we are delinquent in our payments under these programs or are otherwise unable to pay as scheduled,
we may be barred from participating in this program and similar programs this.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Tax Proceeding Initiated By Us</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><i>PIS and COFINS Recovery
- exclusion of ICMS (VAT) from the basis of calculation</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2017, the STF declared, in the judgment of RE No.
574,706/PR, with binding effects, the unconstitutionality of the inclusion of ICMS in the tax base of PIS and COFINS. Such decision was
reaffirmed by the STF in May 2021, in the judgment of the request for clarification presented by the PGFN, whereby the Court confirmed
that the ICMS to be excluded from the PIS and COFINS tax base is the one stated in the invoice. The Court also determined that the decision
should apply retroactively as of March 15, 2017 (date on which the decision on RE 574,706/PR was rendered), except for taxpayers who had
judicial and administrative claims filed before said date (which is the case of the Company and its subsidiaries). As for ICMS under the
tax substitution modality, the Brazilian Superior Court of Justice (&#8220;STJ&#8221;) began the judgment of the so called Theme 1125
with a favorable vote for taxpayers, therefore determining the exclusion of this ICMS modality in the tax basis of PIS and COFINS.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company and its subsidiaries
filed several lawsuits related to this matter, most with final and unappealable favorable decisions. As the federal tax regime applicable
to the soft drinks and beer sector has changed over time, the Company and its subsidiaries are parties to lawsuits related to three different
periods: (i) 1990 to 2009, (ii) 2009 to 2015 (period in which the &#8220;REFRI Taxation Model&#8221; was in force - special soft drinks
and beer regime, provided for Article 58-J of Law No. 10,833, of 2003) and (iii) 2015 onwards (also known as &#8220;New Model Taxation&#8221;).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2018, 2019, 2020, 2021
and 2022, the Company and its subsidiaries recognized, in accordance with IAS 37/CPC 25, recoverable tax credits related to this matter
in the total amount of R$9.4 billion of which (i) R$0.7 billion is related to periods from 1990 to 2009, (ii) R$4 billion is related to
the New Model Taxation, from March 2017, when the Company and its subsidiaries implemented the judicial decisions authorizing the exclusion
of the ICMS from the PIS and COFINS tax base in its regular transactions and which right of recovery is assured by the decision rendered
by the STF in the judgment of RE 574.706/PR and (iii) R$4.7 billion is related to periods from 2009 to 2015, during which the REFRI Taxation
Model was in force. Part of this amount has already been used to offset other tax debts according to the final and unappealable decisions
rendered in certain judicial lawsuits involving the Company and its subsidiaries. The outstanding amount of recoverable tax credits remain
registered in the asset account (see Note 18 &#8211; Recoverable Taxes).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The accounting recognition
of said amounts is due to (i) the gain being virtually certain considering the decision provided by the STF in RE 574,706/PR and the specific
circumstances of each case; and (ii) the fact that the amount could be estimated with sufficient reliability, by collecting the respective
documents and quantifying the related amount. As to the tax credits related to the period in which the REFRI Taxation Model was in place,
the amount could be estimated with sufficient reliability after several analyses made with the assistance of our external consultants
were made. These analyses allowed us to (i) identify the total ICMS included per liter in the retail selling prices that were verified
by the Federal Government at the time and that had an impact on the reference prices used as a base for the determination of the PIS and
COFINS; and (ii) calculate the exclusion of such ICMS from the tax base of PIS and COFINS in the transactions carried out by the Company
and its subsidiaries.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, with respect
to the transactions performed after the implementation of the individual judicial decisions authorizing the exclusion of the ICMS from
the PIS and COFINS tax base, the Company and its subsidiaries had a positive impact of R$5.1 billion, net of the amounts mentioned above,
which represented a reduction in the PIS and COFINS expenses.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: left; text-indent: 35.45pt"><span style="font-weight: normal">For
additional matters, the Company estimates that the contingent asset corresponds to R$0.7 billion, which will be recognized once the realization
of the gain is virtually certain given the specific circumstances of the case and upon confirmation of the estimated values with sufficient
reliability.</span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-transform: uppercase; text-indent: 35.45pt"><span style="text-transform: none">Subsequent
Events </span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-transform: uppercase; text-indent: 35.45pt"><span style="font-weight: normal; text-transform: none">Not
Applicable.</span></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Labor Matters</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are involved in more than
18,000 labor claims. Most of the labor claims we face relate to our Brazilian operations. In Brazil, it is not unusual for a large company
to be named as a defendant in such a significant number of claims. As of December 31, 2022, we made provisions totaling R$132 million
in connection the above labor claims involving former, current and outsourced employees relating mainly to overtime, dismissals, severance,
health and safety premiums, supplementary retirement benefits and other matters, all of which are awaiting judicial resolution and have
probable chance of loss. As of December 31, 2022, we were party to labor claims with a total estimated possible risk of loss of R$179.4 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In connection with the labor
matters, we are also involved in claims regarding the social charges on payroll. Management estimates the possible losses related to these
claims to be, approximately, R$419 million as of December&#160;31, 2022. We have recorded provisions of approximately R$36.6 million for
proceedings where we consider the chance of loss to be probable.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Ambev Third-Party Supplier
&#8211; Labor Investigations and Lawsuits</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In May 2021, Ambev was
notified by Brazilian labor authorities to join certain administrative proceedings together with (i) Transportadora Sider Limeira
EIRELI (&#8220;Sider&#8221;), a transportation company contracted by Ambev on a recurring spot basis and (ii) a third-party
competitor of Ambev to which Sider had also provided transportation services. Ambev was deemed to be jointly and severally liable
for purported human rights violations committed by Sider with respect to the working conditions of 23 foreign employees, under the
terms of Brazilian Labor Law, including violations of article 444 of Law-Decree No. 5,452 and article 2-C of Law No. 7,998.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On March 12, 2021 Sider entered
into a settlement with those foreign employees, paying them compensation for (i) severance pay and (ii) moral damages. However, after
the settlement, since the end of 2022, 18 foreign employees rescued, as well as additional former employees of Sider, filed individual
labor lawsuits against Sider, Ambev and the third-party competitor claiming, among other things, moral damages for the same alleged labor
violations. The Plaintiffs in these lawsuits have alleged secondary liability in respect of Ambev.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><span style="background-color: white">In
addition, the Brazilian Ministry of Labor and Social Security (the &#8220;Ministry of Labor &amp; Social Security&#8221;) issued
infraction notices against Sider, Ambev and the third-party competitor. These labor administrative proceedings are currently
ongoing, and Ambev strongly disputes any involvement in the alleged facts underlying these investigations. However, in the event
that the infraction notices are confirmed by the administrative authority, Ambev may be subject to fines in the amount of
approximately R$50,000 (plus any interest and monetary adjustments) and may be included in the Brazilian register of employers
(<i>Cadastro de Empregadores</i>) that have subjected workers to poor working conditions (&#8220;Register of Employers&#8221;),
under the terms of Brazilian Interministerial Ordinance MTPS/MMIRDH No. 4/2016. Ambev&#8217;s inclusion in the Register of Employers
may result in (i) restrictions on access to state-owned banks&#8217; credit lines and (ii) a negative impact on risk-assessments
made by private banks and other parties. However, if an adverse administrative decision is rendered, Ambev can challenge such
decision in court. As of December 31, 2022, <span style="background-color: white">Ambev has not recorded any provisions in
connection with these infraction notices as it considers the chance of loss to be possible.</span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">In addition, the Brazilian
Public Labor Prosecutor&#8217;s Office (the &#8220;Public Labor Prosecutor&#8217;s Office&#8221;) has opened a civil investigation to
assess the underlying facts and the role of each of the three companies in the event. Ambev and the &#8220;Public Labor Prosecutor&#8217;s
Office&#8221; entered into a Conduct Adjustment Agreement in April 2022 without acknowledgment of guilt. Ambev paid damages amounting
to R$ 500,000.00 and committed to a 3-year plan to oversee conditions of its logistics operators.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Civil Claims</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022,
we were involved in more than 3,500 civil claims that were pending, including third-party distributors and product-related claims. We
have established provisions totaling R$ 335.9 million for proceedings where we consider the chance of loss to be probable reflecting applicable
adjustments, such as accrued interest, as of December 31, 2022 in connection with civil claims. As of December 31, 2022, we were party to civil claims with a total estimated possible risk of loss of R$564.6 million.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Subscription Warrants</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In 2002, we decided to request
a ruling from the CVM in connection with a dispute between Old Ambev and some of its warrant holders regarding the criteria used in the
calculation of the strike price of certain Old Ambev warrants. In March and April 2003, the CVM ruled that the criteria used by Old Ambev
to calculate the strike price were correct. In response to the CVM&#8217;s final decision and seeking to reverse it, some of the warrant
holders filed separate lawsuits before the courts of S&#227;o Paulo and Rio de Janeiro.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Although the warrants expired
without being exercised, the warrant holders claim that the strike price should be reduced to consider the strike price of certain
stock options granted by Old Ambev under its then-existing stock ownership program, as well as for the strike price of other warrants
issued in 1993 by Brahma.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">We are aware of at least
seven claims in which the plaintiffs argue that they would be entitled to those rights. One of these cases was settled. The other six
lawsuits were ruled favorably to Ambev by the STJ. Three cases were dismissed by the STJ&#8217;s Special Court and were subject to a new
appeal to the Brazilian Supreme Court. In February 2022, the plaintiffs&#8217; appeals to STF were denied by the Supreme Court Reporting
Justice. <span style="background-color: white">The plaintiffs filed an appeal for further review by the STF Chamber, which was denied
by the STF Chamber in a unanimous ruling.</span> A final judgment has not yet been rendered in these three cases. One case was ruled favorably
to Ambev by the STJ&#8217;s Special Court, and the judgment became final. Another case was remitted to the STJ&#8217;s lower court for
a new judgment. The sixth case was ruled favorably to Ambev, and it was subject to an appeal to the Brazilian Supreme Court, which was
denied. Such decision became final.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the event the plaintiffs
prevail in the above four cases in which a final decision on the merits is still pending, we believe that the corresponding economic dilution
for the existing shareholders would be the difference between the market value of the shares at the time they are issued, and the value
ultimately established in liquidation proceedings as being the subscription price pursuant to the exercise of the warrants. We believe
the warrants object of those four proceedings represented, on December 31, 2022, 172,831,574 Ambev common shares that would be issued
at a value substantially below fair market value, should claimants ultimately prevail. The plaintiffs also claim they should receive past
dividends related to these shares in the amount of approximately R$1.2 billion as of December 31, 2022.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Based on management assessments,
our chances of receiving unfavorable final decisions in this matter are remote, and therefore we have not established a provision for
this litigation in our audited consolidated financial statements. As these disputes are based on whether we should receive as a subscription
price a lower price than the price that we consider correct, a provision of amounts with respect to these proceedings would only be applicable
with respect to legal fees and past dividends.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Lawsuit Against the Brazilian Beer
Industry</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On October 28, 2008, the
Brazilian Federal Prosecutor&#8217;s Office (<i>Minist&#233;rio P&#250;blico Federal</i>) filed a suit for damages against us and
two other brewing companies claiming total damages of approximately R$2.8 billion (of which approximately R$2.1 billion are claimed against
us). The public prosecutor alleges that: (1) alcohol causes serious damage to individual and public health, and that beer is the most
consumed alcoholic beverage in Brazil; (2) defendants have approximately 90% of the national beer market share and are responsible for
heavy investments in advertising; and (3) the advertising campaigns increase not only the market share of the defendants but also the
total consumption of alcohol and, hence, cause damage to society and encourage underage consumption.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Shortly after the above lawsuit
was filed, a consumer-protection association applied to be admitted as a joint-plaintiff. The association has made further requests in
addition to the ones made by the Public Prosecutor, including the claim for &#8220;collective moral damages&#8221; in an amount to be
ascertained by the court; however, it suggests that it should be equal to the initial request of R$2.8 billion (therefore, doubling the
initial amount involved). The court has admitted the association as joint-plaintiff and has agreed to hear the new claims. After the exchange
of written submissions and documentary evidence, the case was dismissed by the Lower Court Judge, which denied all the claims submitted
against Ambev and the other defendants. The Federal Prosecutor&#8217;s Office appealed to the Federal Court, which decided for the annulment
of the lower court decision, based on the understanding that more evidence should have been produced before the case&#8217;s dismissal.
Ambev filed a motion for clarification against the decision, which was rejected, and such decision became final. The case has now returned
to the lower court for a new trial, which is currently pending. Ambev believes, based on management assessments, that its chances of loss
remain remote and, therefore, has not made any provision with respect to such claim.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Lawsuit Against F. Laeisz</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On April 4, 2018, F. Laeisz
filed a lawsuit against us for collection of dividends relating to 74,211,825 ordinary shares issued by Ambev and held in our treasury
since April 10, 2012. F. Laeisz alleges that: (1) it is the rightful owner of the shares; and (2) the ownership of registered shares shall
be based on the registration under the shareholder&#8217;s name on the company&#8217;s Share Registry Book.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Lower Court Judge granted
our request to admit the Federal Government as joint defendant since it also claims to be the owner of such shares, as the Federal Government
was entitled to incorporate such shares based on a decree enacted during World War II. In October 2019, the Lower Court Judge granted
F. Laeisz&#8217;s claims ordering Ambev to pay the amount equivalent to the dividends of 74,211,825 ordinary shares held in our treasury
since April 10, 2012. On September 30, 2022, such decision was subject to a mandatory review by the Federal Court of Appeals, since the Federal Government lost
its preliminary claims, and the decision was overturned by the Federal Court of Appeals, which considered the ordinary shares had been
duly transferred and incorporated by the Federal Government based on the decree enacted during the World War II. In parallel, we have
negotiated and executed a settlement agreement with F. Laeisz, aiming at reducing the total amount under dispute. Except for inflation
adjustment, F. Laeisz has agreed on restrictions to the application of interests to adjust the dividends in the event there is a final
decision confirming F. Laeisz as the rightful owner of the shares. We believe, based on management assessments, that our chances of loss
are possible. Nonetheless, irrespective to whom is considered the rightful
owner of the shares in question, we have duly accounted for all dividends relating to the relevant shares since April 10, 2012.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"><b>Cerbuco Brewing Arbitration</b>&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Cerbuco Brewing Inc., (&#8220;Cerbuco&#8221;) a Canadian subsidiary of
Ambev, owns a 50% equity ownership in Cerveceria Bucanero S.A. (&#8220;Bucanero&#8221;), a joint venture in Cuba. In 2021, Cerbuco initiated
an arbitration proceeding at the International Chamber of Commerce (&#8220;ICC&#8221;), relating to a potential breach of certain obligations
relating to the joint venture, with the terms of reference being formally executed in 2022. Depending on the outcome of the arbitration
proceedings there may be an impact on Cerbuco's ability to influence the management of Bucanero's operations. As a result, Ambev&#8217;s
ability to continue consolidating Bucanero into its financial statements may also be affected. Based on the opinion of Cerbuco&#8217;s
lawyers, the management estimate the chance of loss as possible. The amount involved has not yet been ascertained, as it depends on the
outcome of the arbitration</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Dividend Policy</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The timing, frequency and
amount of future dividend payments, if any, will depend upon various factors that our Board of Directors may consider relevant, including
our earnings and financial condition. Our bylaws provide for a minimum mandatory dividend of 40% of our adjusted annual net income, if
any, as determined under IFRS at our individual financial statements. Brazilian companies are permitted to make limited distributions
to shareholders in the form of interest accrued on share capital, commonly referred to as &#8220;interest on shareholders&#8217; equity,&#8221;
and treat such payments as a deductible financial expense for purposes of Brazilian income tax and social contribution on profits. This
notional interest distribution is treated for accounting purposes as a deduction from shareholders&#8217; equity in a manner similar to
a dividend. The benefit from the tax-deductible interest on shareholders&#8217; equity is recorded in the income statement. The minimum
mandatory dividend includes amounts paid as interest on shareholders&#8217; equity (net of taxes). However, payment of such interest on
shareholders&#8217; equity is subject to Brazilian withholding income tax, whereas no such withholding is required in connection with
dividends paid. For further information on this matter see &#8220;Item 10. Additional Information&#8212;E. Taxation&#8212;Brazilian Tax
Considerations&#8212;Income Tax.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Annual adjusted net income
not distributed as dividends or interest on shareholders&#8217; equity may be capitalized, used to absorb losses or otherwise appropriated
as allowed under the Brazilian Corporation Law and our bylaws. Therefore, annual adjusted net income amounts may not necessarily be available
to be paid as dividends. We may also not pay dividends to our shareholders in any particular fiscal year based on the opinion of the Board
of Directors that such distribution would be inadvisable in view of our financial condition at the time. Any such dividends not distributed
would be allocated to a special reserve account for future payment to shareholders, unless used to offset subsequent losses. For further
information on this matter, see &#8220;Item 3. Key Information&#8212; D. Risk Factors&#8212;Risks Relating to Our Common Shares and ADSs&#8212;Our
shareholders may not receive any dividends.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For further information on
provisions of the Brazilian Corporation Law relating to required reserves and payment of dividends or interest on shareholders&#8217;
equity, as well as specific rules applicable to the payment of dividends by us under our bylaws, see &#8220;Item 10. Additional Information&#8212;B.
Memorandum and Articles of Association&#8212;Reserves.&#8221;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Ambev S.A.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following table shows
the cash dividends paid by Ambev to holders of Ambev&#8217;s common shares in <i>reais</i> and in U.S. dollars (translated from <i>reais</i>
at the commercial exchange rate as of the date of payment) for each of the indicated periods. The amounts include interest on shareholders&#8217;
equity, net of withholding tax. The last distribution of dividends approved, which relates to the 2022 fiscal year, was paid by Ambev
on December 29, 2022.</p>


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<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="width: 28%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Date of Approval</b></p></td>
    <td style="width: 28%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>First Payment Date</b></p></td>
    <td style="width: 14%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><i>Reais</i> per
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    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>U.S. Dollar Equivalent
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  <tr style="vertical-align: bottom">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">&#160;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">Second half 2020</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">December 30, 2020</span></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">0.079</span></td></tr>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">January 28, 2021</span></td>
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    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
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  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td></tr>
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<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

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<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in"><span style="font-size: 10pt">(1)</span></td><td style="text-align: left"><span style="font-size: 10pt">The amounts set forth above are amounts actually received by shareholders,
which are net of withholding tax. The financial statements present the amounts actually disbursed, including the withholding tax on interest
on shareholders&#8217; equity, which was paid by Ambev on behalf of shareholders. The dividends set forth above are calculated based on
the number of outstanding shares at the date the distributions were declared. See &#8220;Item 7. Major Shareholders and Related Party
Transactions&#8212;A. Major Shareholders.&#8221;</span></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in"><span style="font-size: 10pt">(2)</span></td><td style="text-align: left"><span style="font-size: 10pt">Translated to U.S. dollars at the exchange rate in effect at the first scheduled
payment date.</span></td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For more information on rules
and procedures for shareholder distributions under our bylaws, see &#8220;Item 10. Additional Information&#8212;B. Memorandum and Articles
of Association&#8212;Reserves.&#8221;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Significant
Changes</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Except as otherwise disclosed
in our audited consolidated financial statements and in this annual report, there have been no significant changes in our business, financial
conditions or results in December 31, 2022.</p>


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<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_017"></span>ITEM 9.</td><td>THE OFFER AND LISTING</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Offer
and Listing Details</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable. Information
regarding the price history of the stock listed as required by Item 9.A.4 is set forth below in &#8220;&#8212;C. Principal Market and
Trading Market Price Information.&#8221;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Plan
of Distribution</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Principal
Market and Trading Market Price Information</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are registered as a publicly
held company with the CVM. Our common shares are listed on the B3 under the symbol &#8220;ABEV3&#8221; and our ADSs are listed on the
NYSE under the symbol &#8220;ABEV&#8221;. Our shares and ADSs began trading on the B3 and the NYSE, both on November 11, 2013. The shares
and ADSs of Old Ambev ceased all trading activities on those stock exchanges on the close of business of November 8, 2013.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Ambev has only one class of shares (i.e., voting common shares), including
in the form of ADSs (evidenced by ADRs), with each ADS representing one Ambev common share. The Ambev common shares and ADSs are registered
under the Exchange Act. As of March 1<sup>st</sup>, 2023, Ambev had 15,741,734,691 shares outstanding. As of March 1<sup>st</sup>, 2023,
there were 1,411,283,441 Ambev ADSs outstanding (representing 1,411,283,441 Ambev shares, which corresponds to 8.9% of the total Ambev
shares outstanding). The Ambev shares held in the form of ADSs under the Ambev ADS facilities are deemed to be the shares held in the
&#8220;host country&#8221; (i.e., the United States) for purposes of the Exchange Act. In addition, as of March 1<sup>st</sup>, 2023 there
were 171 registered holders of Ambev ADSs.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Regulation of
the Brazilian Securities Market</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Brazilian securities
market is regulated by the CVM, which has regulatory authority over the stock exchanges and securities markets, as well as by the Central
Bank, which has, among other powers, licensing authority over brokerage firms and regulates foreign investment and foreign exchange transactions.
The Brazilian securities market is governed primarily by Law No. 6,385 dated December 7, 1976, as amended, or the Brazilian Securities
Law, and by the Brazilian Corporation Law, as amended and supplemented, as well as by rules and regulations issued by the CVM, the CMN
and Brazilian Central Bank. These laws and regulations, among others, provide for disclosure requirements, criminal penalties for insider
trading and price manipulation, and protection of minority shareholders, licensing procedures, supervision of brokerage firms and governance
of Brazilian stock exchanges. However, the Brazilian securities markets are not as highly regulated and supervised as U.S. securities
markets.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, a company is either publicly held (<i>companhia aberta</i>), such as Ambev, whose shares are publicly traded on the B3, or privately
held (<i>companhia fechada</i>). A company is publicly held when it is authorized to have securities traded on the stock exchange or on
over-the-counter markets. All listed companies are registered with the CVM and are subject to reporting and regulatory requirements relating
to the periodic disclosure of information and material facts. Additionally, the CVM within its regulatory authority may request information
or clarification from us regarding our business activities and/or transactions to which we are a party. A company registered with the
CVM may trade its securities either on the Brazilian stock exchanges, including B3, or in the Brazilian over-the-counter market. Shares
of companies like Ambev traded on the B3 may not simultaneously be traded on the Brazilian over-the-counter market. The over-the-counter
market consists of direct trades between persons in which a financial institution registered with the CVM serves as an intermediary. The
shares of a listed company, including Ambev, may also be traded privately subject to several limitations. To be listed on the B3, a company
must be registered as a publicly held Company with the CVM and apply for registration with the B3.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The over-the-counter market
is divided into two categories: (1) an organized over-the-counter market, in which the transactions are supervised by self-regulating
entities authorized by the CVM; and (2) a non-organized over-the-counter market, in which the transactions are not supervised by self-regulating
entities authorized by the CVM. In either case, transactions are directly traded among persons, outside of the stock exchange market,
through a &#64257;nancial institution authorized by the CVM. The institution is required to be registered with the CVM (and in the relevant
over-the-counter market), but there is no need for a special license to trade securities of a publicly listed company on the over-the-counter
market.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The trading of securities
on the Brazilian stock exchanges may be suspended under certain circumstances, including at the request of a company in anticipation of
a disclosure of material announcement. Companies may be required by law to request such suspension. Trading may also be suspended on the
initiative of a Brazilian stock exchange or the CVM, among other reasons, based on or due to a belief that a company has provided inadequate
information regarding a significant event or has provided inadequate responses to inquiries by the CVM or a stock exchange.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Trading on the
Brazilian Stock Exchanges</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">B3 is a stock exchange and
leading operator of registration, clearing, custodial and settlement services for equities, financial securities, indices, rates, commodities,
and currencies in Brazil. B3 is currently the only Brazilian stock exchange on which private equity and private debt may be traded.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Trading on the exchange is
conducted by authorized members. B3 trading sessions take place every business day, from 10:00 a.m. to 5:55 p.m., BRT. Equity trading
is executed fully electronically through an order-driven trading system called &#8220;PUMA Trading System,&#8221; or &#8220;PUMA.&#8221;
Additionally, the home broker system through the Internet has been established allowing retail investors to transmit orders directly to
the B3. B3 trading session hours may change from time to time due to daylight saving time in Brazil and in the United States, in such
case B3 may shorten its sessions hours and permits trading after the session closure on an online system connected to PUMA and Internet
brokers called the &#8220;after-market&#8221;. CVM has discretionary authority to suspend trading in shares of a particular issuer under
specific circumstances. Securities listed on the B3 may also be traded off the exchange under specific circumstances, but such trading
is very limited.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Settlement of transactions
is performed two business days after the trade date, without any adjustment to the purchase price. Delivery of and payment for shares
are made through the facilities of an independent clearing house, B3 Central Depository, which is the clearing house for the transactions
carried out on the B3 and handles the multilateral counterparty settlement of both financial obligations and transactions involving securities.
According to the regulations of the B3 Central Depository, financial settlement is carried out through the funds transfer system of the
Central Bank and the transactions involving the sale and purchase of shares are settled through the B3 Central Depository custody system.
All deliveries against final payment are irrevocable. The seller is ordinarily required to deliver the shares to the exchange on the second
business day following the trade date. The B3 Equities Clearing is responsible for the registration, settlement and risk management of
trades with shares through the PUMA Trading System.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In order to better control
volatility, B3 has adopted a &#8220;circuit breaker&#8221; mechanism pursuant to which trading sessions may be suspended for a period
of 30 minutes or one hour whenever the index of the stock exchange falls below 10% or 15%, respectively, compared to the previous day&#8217;s
closing index. If the market falls more than 20% compared to the previous day, the B3 may determine the suspension of trading in all markets
for a defined period, at its sole discretion, and such decision must be disclosed to the market. The &#8220;circuit breaker&#8221; is
not allowed to be started during the last 30 minutes of the trading session.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Although the Brazilian equity
market is Latin America&#8217;s largest in terms of market capitalization, it is smaller, more volatile and less liquid than the major
U.S. and European securities markets. As of December 31, 2022, the aggregate market capitalization of all companies included in the IBOVESPA
index of the B3 was equivalent to approximately R$3.5 trillion. Although all of the outstanding shares of a listed company are actually
available for trading by the public, in most cases fewer than half of the listed shares are actually traded by the public because the
remainders of a listed company&#8217;s shares are usually held by small groups of controlling persons, by governmental entities or by
one principal shareholder. For this reason, data showing the total market capitalization of Brazilian stock exchanges tend to overstate
the liquidity of the Brazilian equity securities market.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There is also significantly
greater concentration in the Brazilian securities markets. For example, as of January 31, 2023 the ten shares with greatest representation
on the IBOVESPA index of the B3 accounted for 54.13% of the total weight of all companies included in that stock index.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Trading on Brazilian stock
exchanges by non-residents of Brazil is subject to limitations under Brazilian foreign investment legislation. See &#8220;Item 10. Additional
Information&#8212;D. Exchange Controls and other Limitations Affecting Security Holders&#8221; and &#8220;Item 10. Additional Information&#8212;B.
Memorandum and Articles of Association&#8212;Restrictions on Foreign Investment.&#8221;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">D.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Selling
Shareholders</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">E.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Dilution</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">F.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Expenses
of the Issue</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>


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    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_018"></span>ITEM 10.</td><td>ADDITIONAL INFORMATION</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Share
Capital</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Memorandum
and Articles of Association</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 35.45pt"><span style="font-style: normal">Below
is a brief summary of the material provisions concerning our common shares, bylaws and the Brazilian Corporation Law. In Brazil, the principal
governing document of a corporation is its bylaws (</span>Estatuto Social<span style="font-style: normal">). This description is qualified
in its entirety by reference to the Brazilian Corporation Law and our bylaws. An English translation of our bylaws has been filed with
the SEC as an exhibit to this annual report. A copy of our bylaws (together with an English translation) is also available for inspection
at the principal office of the depositary and at our website (<span style="text-decoration: underline">http://ri.ambev.com.br/</span>). Information on ownership of our shares
is set forth under &#8220;Item 7. Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders.&#8221;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On April 27, 2022, our Board
of Directors approved the issuance of 5,550,560 new common shares with no par value as a result of the exercise of options granted under
the Stock Options Programs approved by our Board of Directors on March 25, 2019, pursuant to our Stock Option Plan that was approved by
our Shareholders on July 30, 2013. The issuance price per share was R$15.20 and our capital stock following the increase sums R$ 58,130,517,165.22,
represented by 15,750,216,851 common shares with no par value.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of March 1<sup>st</sup>,
2023, our capital stock was equal to R$58,130,517,165.22 divided into 15,750,216,851 issued common shares, without par value, of which
8,482,160 were treasury shares, with no further changes since December, 2022. We are authorized to increase our capital up to 19,000,000,000
shares upon the decision of our Board of Directors, without the need to amend our bylaws. We have a single-class share structure, comprised
exclusively of voting common shares, and there are no classes or series of preferred shares outstanding. </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, we are allowed to sell in the open market any Ambev common shares that have been subscribed but not paid in full within
the applicable deadline set forth in our bylaws or the applicable subscription bulletin under which those shares were issued. If an open
market sale is impractical, any subscribed but unpaid Ambev common shares may be forfeited.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Each common share entitles
the holder thereof to one vote at our shareholders&#8217; meetings. Holders of common shares are not entitled to any preference upon our
liquidation.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Board of Directors individualize
the compensation for each member of our management (including Directors), subject to the maximum global compensation amount approved by
our shareholders. Each individual Director is prevented from voting on the decision regarding their own compensation. For more information
on management compensation, see &#8220;Item 6. Directors, Senior Management and Employees&#8212;C. Board Practices&#8212;The Board of
Directors&#8212;Operations and Finance Committee.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There is no age limit for
retirement applicable to the members of our Board of Director in our bylaws.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">General</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our registered name is Ambev
S.A., and our registered office is in the city of S&#227;o Paulo, State of S&#227;o Paulo, Brazil. Our registration number with the
S&#227;o Paulo Commercial Registry is 35,300,368,941. Our principal corporate purposes include the production and sale of beer, CSDs
and other beverages. A more detailed description of our corporate purposes can be found in Chapter I, Article 3 of our bylaws.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Rights of the
Ambev Common Shares</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Each of our common shares
is indivisible and entitles its holder to one vote at any shareholders&#8217; meeting of Ambev. In accordance with our bylaws and the
Brazilian Corporation Law, shareholders have the right to receive dividends or other distributions in proportion to their equity interest
in our share capital. For additional information regarding the payment of dividends and other distributions relating to our common shares,
see &#8220;Item 8. Financial Information&#8221; and &#8220;Consolidated Financial Statements and Other Financial Information&#8212;Dividend
Policy.&#8221; In addition, our shareholders may freely transfer their shares and are entitled to be included in a statutory sale of control
tender offer upon a disposition of our control (see item &#8220;Disclosure of the Ownership and Trading of our Shares by Us, our Principal
Shareholders, Directors and Officers or Members of our Fiscal Council&#8221; for more information).</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Also, upon our liquidation,
and after the discharge of all our liabilities, our common shares entitle its holders to a participation in our remaining assets as capital
reimbursement in proportion to their equity interest in our share capital. Except under certain circumstances, holders of our common shares
have the right, but not the obligation, to subscribe for our future capital increases.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Moreover, pursuant to the
Brazilian Corporation Law, neither our bylaws nor actions taken at a shareholders&#8217; meeting may deprive a shareholder of the following
rights:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the right to participate in our profit distributions;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the right to participate in our remaining assets in proportion to its equity interest in our share capital
in the event of our liquidation;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">preemptive rights to subscribe for our common shares, convertible debentures and warrants, except in certain
circumstances under the Brazilian Corporation Law, as described in &#8220;&#8212;Preemptive Rights&#8221;;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the right to inspect and monitor our management, in accordance with the Brazilian Corporation Law;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in">and</td><td style="text-align: justify"></td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the right to exercise appraisal rights and withdraw from the Company in the cases provided under the Brazilian
Corporation Law, as described in &#8220;&#8212;Appraisal Rights.&#8221;</td></tr></table>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Shareholders&#8217;
Meetings</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, shareholders, during shareholders&#8217; meetings regularly called and convened, are generally empowered to pass resolutions
relating to our corporate purpose as they may deem necessary. Shareholders&#8217; meetings may be ordinary, such as the annual meeting,
or extraordinary. Shareholders at the annual shareholders&#8217; meeting, which is required to be held within four months of the end of
our fiscal year, have the exclusive power to approve our financial statements and to determine the allocation of our adjusted net income
and the distribution of dividends with respect to the fiscal year ended immediately prior to the relevant annual meeting. Extraordinary
shareholders&#8217; meetings are convened to approve the remaining matters within their competency as provided by law and/or our bylaws.
An extraordinary shareholders&#8217; meeting may be held concurrently with an ordinary meeting.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A shareholders&#8217; meeting
is convened by publishing a meeting call notice no later than 21 days prior to the scheduled meeting date, on first call, and no later
than eight days prior to the date of the meeting, on second call, and no fewer than three times, in a newspaper with general circulation
in S&#227;o Paulo, where we have our registered office. In certain circumstances, however, the CVM may require that the first notice
be published no later than 30 days prior to the meeting. At the shareholders&#8217; meeting held on March&#160;1, 2013, our shareholders
designated <i>Valor Econ&#244;mico</i>, a newspaper with general circulation in S&#227;o Paulo for this purpose. The call notice must
contain the date, time, place and agenda of the meeting, and in case of amendments to the bylaws, the indication of the relevant matters.
CVM Resolution No. 81 of March 29, 2022 (&#8220;CVM Resolution No. 81/22&#8221;), also requires that additional information be disclosed
in the meeting call notice for certain matters. For example, in the event of an election of all directors, the meeting call notice shall
also disclose the minimum percentage of equity interest required from a shareholder to request the adoption of cumulative voting procedures.
All documents in connection with the shareholders&#8217; meeting&#8217;s agenda shall be made available to shareholders either within
at least one month prior to the meeting or upon publication of the first meeting call notice, as the case may be, except if otherwise
required by law or CVM regulations.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A shareholders&#8217; meeting may be held on first call, if shareholders
representing at least one quarter of the voting shares are present, except in some cases provided by law, such as in meetings seeking
to amend the Company&#8217;s bylaws, which requires the presence, on first call of shareholders representing at least two-thirds of the
voting shares. If no such quorum is present, an eight-day prior notice must be given in the same manner as described above, and a meeting
may then be convened, on second call, without any specific quorum requirement, subject to the minimum quorum and voting requirements for
specific matters, as discussed below.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Except as otherwise provided
by law, resolutions of a shareholders&#8217; meeting are passed by a simple majority vote of the shares present or represented at the
meeting, abstentions not being considered. Under the Brazilian Corporation Law, the approval of shareholders representing at least a majority
of the votes granted by the issued and outstanding voting shares is required for the types of actions described below (among others):</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">creating preferred shares or increasing disproportionately an existing class of preferred shares relative
to the other classes of shares, unless such action is provided for or authorized by the bylaws;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">modifying a preference, privilege or condition of redemption or amortization conferred upon one or more
classes of preferred shares, or creating a new class with greater privileges than those of the existing classes of preferred shares;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">reducing the minimum mandatory dividend;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">merging Ambev with another company or consolidating or executing a spin-off of Ambev;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">related party transactions, or the sale or contribution of assets to another company, in each case if
the amount involved exceeds 50% of the amount of our assets indicated in the most recently approved balance sheet;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">changing our corporate purpose; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">dissolving Ambev or ceasing its liquidation status.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Shareholders may not exercise
voting rights with respect to the approval of the appraisal report of assets contributed by them in a capital increase paid in kind or
with respect to the approval of their own accounts as managers of the company, as well as in those resolutions that may favor those shareholders
specifically, or whenever there is a conflicting interest with the Company. Mergers between affiliated parties are subject to a special
statutory valuation procedure intended to provide a parameter (based on the net equity at market prices of the companies involved) for
comparing the proposed exchange ratio.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Shareholders&#8217; meetings
may be called by our Board of Directors. Under the Brazilian Corporation Law, meetings may also be convened by our shareholders as follows:
(1) by any shareholder, if the directors take more than 60 days to convene a shareholders&#8217; meeting after the date they were required
to do so under applicable laws and our bylaws, (2) by shareholders holding at least 1% of our total capital stock, if our Board of Directors
fails to call a meeting within eight days after receipt of a justified request to call a meeting by those shareholders indicating the
proposed agenda, (3) by shareholders holding at least 5% of our voting capital stock, if the directors fail to call a general meeting
within eight days after receipt of a request to call a shareholders&#8217; meeting for purpose of assembling a Fiscal Council, and (4)
by our Fiscal Council, if the Board of Directors fails to call an annual shareholders&#8217; meeting within 30 days after the mandatory
date for such call. The Fiscal Council may also call an extraordinary shareholders&#8217; meeting if it believes that there are important
or urgent matters to be addressed.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">To attend a shareholders&#8217;
meeting, shareholders or their legal representatives willing to attend the meeting shall present proof of ownership of their Company shares,
including identification and/or pertinent documentation that evidences their legal representation of such shareholder. A shareholder may
be represented at a general meeting by an attorney-in-fact appointed no more than one year before the meeting, who must be another shareholder,
a company officer, a lawyer or a financial institution. Notwithstanding the above, the CVM decided on November 4, 2014 that shareholders
that are legal entities may be represented at general meetings by their legal representatives or by a duly appointed attorney-in-fact,
pursuant to the bylaws and related corporate instruments of the legal entities and pursuant to the Brazilian Civil Code.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The participation and remote
voting in general shareholders&#8217; meetings of publicly-held companies are regulated by CVM Resolution No. 81/22, as amended, which
aims to facilitate the participation of shareholders in general meetings either through
the vote or through the submission of proposals, as well as to enhance the corporate governance instruments available in the Brazilian
market. For this purpose, this regulation provided the following:</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the creation of a remote voting bulletin through which shareholders may exercise their right to vote prior
to the date the general meeting is held;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the possibility of inclusion of candidates and proposals of deliberation of minority shareholders in that
bulletin, with due observance of certain percentages of equity interest, in order to facilitate shareholders&#8217; participation in general
meetings; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the deadlines, procedures and ways of sending this bulletin, which may be forwarded by the shareholder:
(a) to the custodian (if the shares held by the shareholder are kept at a centralized deposit) or; (b) to the book-entry agent of the
shares issued by the company (if such shares are not kept at a centralized deposit); or (c) directly to the company.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">CVM Resolution No. 81/22,
also regulates the rules applicable to remote voting, including, but not limited to, (1) the deadlines for inclusion of candidates in
the bulletin by request of minority shareholders and for the company to resend the bulletin in case of inclusion of candidates by minority
shareholders and (2) the disclosure of the detailed final voting map of the shareholders&#8217; meetings, including the partial disclosure
of each shareholders taxpayer&#8217;s registry number and their respective votes on each matter.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Additionally, CVM Resolution
No. 81/22, as amended, also regulates the possibility of publicly held companies to hold virtual or hybrid (i.e. physical and virtual)
shareholders&#8217; meetings, including certain procedures that must be adopted by such companies when holding these types of meetings.
The notice to a shareholders&#8217; meeting must indicate the format of the meeting and the actions that shareholders must take to participate
remotely.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Board of Directors</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In accordance with the Brazilian
Corporation Law, as a general rule, any matters subject to the approval of our Board of Directors can be approved by the affirmative vote
of a majority of our Board members present at the relevant meeting. Exceptions to this general rule are provided in the Shareholders&#8217;
Agreement.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under our bylaws, (i) the majority of the members of our Board of Directors
must be external directors (i.e. with no current employment or managerial relationship with the company) and (ii) at least two members
of our Board of Directors shall be independent directors. According to our bylaws, for a director to be considered independent he or she
may not: (1) be a controlling shareholder, or a spouse or relative to the second degree of a controlling shareholder, (2) have been, within
the last three years, an employee or executive officer of (a) Ambev or of any of our controlled companies or (b) our controlling shareholder
or entities under common control with Ambev, (3) directly or indirectly, supply to, or purchase from, us, our controlled companies, controlling
shareholder or entities under common control, any products or services, to such an extent as would cause that director to cease being
independent, (4) be an employee or administrator of any corporation or entity that offers products or services to, or receives products
or services from, us, our controlled companies, controlling shareholder or entities under common control, to such an extent as would cause
that director to cease being independent, (5) be a spouse or relative to the second degree of any member of management of Ambev, its controlled
companies, controlling company or entity under common control, or (6) receive any other compensation from Ambev, its controlled companies,
controlling shareholder or entities under common control, aside from compensation for duties as a board member (gains arising from ownership
of our stock are excluded from this restriction). Our bylaws also set forth that directors elected by a separate ballot vote of minority
shareholders holding at least 10% of our capital stock, as provided in paragraphs 4 and 5 of Section 141 of the Brazilian Corporation
Law, shall be deemed independent regardless of compliance with the abovementioned criteria. Furthermore, Brazilian law and CVM regulations
requires that at least 20% of the members of the Board of Director shall be independent directors, who are qualified as such depending
on certain criterion relating to the relationship between a director, and (i) Ambev, its controlling shareholder and their management;
and (ii) companies controlled, affiliated or under common control.</p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to the general
principles of the Brazilian Corporation Law, if a director or an executive officer has a conflict of interest with a company in connection
with any proposed transaction, the director or executive officer may not intervene nor vote
in any resolution of the Board of Directors or of the Board of Executive Officers regarding such transaction and must disclose the nature
and extent of the conflicting interest for purposes of recording such information in the minutes of the meeting. In any case, a director
or an executive officer may not transact any business with a company, including any borrowings, except on reasonable or fair terms and
conditions that are identical to the terms and conditions prevailing in the market or offered by third parties. Any transaction in which
a director or executive officer may have an interest can only be approved if carried out on an arm&#8217;s-length basis.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Election of
Directors</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Each Ambev common share represents
one vote at any shareholders&#8217; meeting in connection with the election of our Board of Directors.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Common shareholders holding
at least 10% of our capital may elect one member and respective alternate to the Board of Directors without the participation of the controlling
shareholder. To exercise these minority rights, shareholders must prove their continuous ownership of their Ambev common shares for at
least three months prior to the shareholders&#8217; meeting convened to elect board members. If that prerogative is exercised with the
adoption of cumulative voting procedures, as described below, the controlling shareholder will always have the right to elect the same
number of members appointed by minority shareholders plus one, regardless of the number of directors provided in our bylaws.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Shareholders holding shares
representing at least 10% of our capital, or a smaller applicable percentage according to a sliding scale determined by the CVM and based
on a company&#8217;s capital stock (currently 5% of the Ambev common shares, pursuant to the CVM&#8217;s sliding scale), have the right
to request that cumulative voting procedures be adopted. Under such procedures, each of our common shares shall entitle as many votes
as the number of director positions to be filled, and each shareholder may cast all of his or her votes for a single candidate or distribute
them among various candidates.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to CVM Resolution
No. 81/22, publicly-held companies shall adopt the following measures regarding voting process: (1) inform the market of the adoption
of cumulative voting process in applicable meetings immediately upon the receipt of the first valid requirement; (2) disclose the voting
final summary statements, the voting final detailed statements, as well as any voting statement presented by shareholders at the relevant
meeting; and (3) register in the minutes of the annual shareholders&#8217; meeting the number of approving, rejecting or abstaining votes
for each item of the agenda, including the votes received by each member of the Board of Directors and/or Fiscal Council elected in such
shareholders&#8217; meeting.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under our bylaws and applicable
law, the number of directors may be reduced to a minimum of five.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The current members of our
Board of Directors were elected by our controlling shareholder. Board members, regardless of the shareholder they represent, owe fiduciary
duties to the Company and all of our shareholders. At the same time, any director appointed by shareholders bound by a shareholders&#8217;
agreement is also bound by the terms of that agreement. For more information on our shareholders&#8217; agreements, see &#8220;Item 7.
Major Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8212;Ambev&#8217;s Major Shareholders.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Dividends</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The discussion below summarizes
the main provisions of the Brazilian Corporation Law regarding the establishment of reserves by corporations and rules with respect to
the distribution of dividends, including provisions regarding interest on shareholders&#8217; equity.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Calculation
of Distributable Amounts</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">At each annual shareholders&#8217;
meeting, our Board of Directors is required to propose how Ambev&#8217;s net income for the preceding fiscal year is to be allocated.
For purposes of the Brazilian Corporation Law, a company&#8217;s net income after income taxes and social contribution on profits for
the immediately preceding fiscal year, net of any accumulated losses from prior fiscal years and amounts allocated to employees&#8217;
and management&#8217;s participation in earnings, represents its &#8220;adjusted net income&#8221; for such preceding fiscal year. In
accordance with the Brazilian Corporation Law, an amount equal to such adjusted net income, which is also referred to in this section as the distributable
amount, will be available for distribution to shareholders in any particular year. Such distributable amount is subject to:</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">reductions that may be caused by amounts contributed for the purpose of meeting the charges of the assistance
foundation for employees and management of the Company and its controlled companies, with due regard for the rules established by the
Board of Directors to this effect; up to 10% of the distributable amount may be contributed under this concept;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">reductions caused by amounts allocated to the Legal Reserve or Contingency Reserves (see &#8220;&#8212;Reserves&#8221;);
and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">increases caused by reversals of reserves constituted in prior years.</td></tr></table>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Minimum Mandatory
Dividend</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are required by our bylaws
to distribute to shareholders as dividends in respect to each fiscal year ending on December 31 a minimum mandatory dividend equivalent
to no less than 40% of the distributable amount. In addition to the minimum mandatory dividend, the Board of Directors may recommend payment
of additional dividends to shareholders. The limit for dividend payment is the distributable amount plus the balance available in certain
profit reserves, including our statutory &#8220;Investment Reserve,&#8221; to which we allocate distributable amounts from previous fiscal
years not paid as dividends (see &#8220;&#8212;Reserves&#8221;) and retained profits. Furthermore, the Board of Directors may also resolve
on the distribution of interim dividends and/or interest on shareholders&#8217; equity based on the accrued profits or existing profits
(retained profits or certain profits reserves) presented in the latest annual or six-month balance sheet. Interim dividends and interest
on shareholders&#8217; equity are always deemed as an advancement towards the minimum mandatory dividend.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, the minimum
mandatory dividend, whether the full amount or only a portion thereof, may not be distributed in any given year should the Board of Directors
consider that such payment is incompatible with the Ambev&#8217;s financial situation, subject to shareholder approval. While the law
does not establish the circumstances in which distribution of the minimum mandatory dividend is incompatible with a company&#8217;s financial
situation, it is generally agreed that a company is allowed to refrain from paying the minimum mandatory dividend if such payment threatens
its existence as a going concern or harms its normal course of operations. The Fiscal Council must opine on the nonpayment of minimum
mandatory dividends, and management must submit to the CVM a report explaining the reasons considered by the Board of Directors to withhold
the payment of the minimum mandatory dividend no later than five business days after the shareholders&#8217; meeting that decides on this
topic.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any postponed payment of
minimum mandatory dividends must be allocated to a special reserve. Any remaining balance in such reserve not absorbed by losses in subsequent
fiscal years must be paid to shareholders as soon as the Company&#8217;s financial situation allows.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Payment of
Dividends</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law any holder of record of shares at the time of a dividend declaration is entitled to receive such dividends, which are generally required
to be paid within 60 days following the date of such declaration, unless otherwise resolved by the shareholders&#8217; meetings, which,
in either case, must occur prior to the end of the fiscal year in which such dividends were declared. Our bylaws do not provide for a
time frame for payment of dividends. The minimum mandatory dividend is satisfied through payments made both in the form of dividends and
interest on shareholders&#8217; equity (amount net of taxes), which, from an economic perspective, is equivalent to a dividend but represents
a tax efficient alternative to distribute earnings to shareholders because it is deductible for income tax purposes up to a certain limit
established by Brazilian tax laws (see &#8220;&#8212;Interest on Shareholders&#8217; Equity&#8221;). Shareholders have a three-year period
from the dividend payment date to claim the payment of dividends, after which we are no longer liable for such payment.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Shareholders that do not
reside in Brazil must register their investment with the Central Bank in order for gains, dividends, profits or other payments under Ambev&#8217;s
shares to be eligible for remittance in foreign currency outside of Brazil. Our common shares underlying the Ambev ADSs will be deposited
with the Brazilian custodian, Banco Bradesco S.A., which acts on behalf of and as agent for the Depositary, which is registered with the Central Bank as the fiduciary
owner of those common shares underlying our ADSs. Payments of cash dividends and distributions on our common shares will be made in <i>reais</i>
to the custodian on behalf of the Depositary. The custodian will then convert those proceeds into U.S. dollars and will deliver them to
the Depositary for distribution to ADS holders. If the custodian is unable to immediately convert dividends in <i>reais</i> into U.S.
dollars, ADS holders may be adversely affected by devaluations of the <i>real</i> or other exchange rate fluctuations before those dividends
can be converted into U.S. dollars and remitted abroad. Fluctuations in the exchange rate between the <i>real</i> and the U.S. dollar
may also affect the U.S. dollar equivalent of the trading price of our common shares in <i>reais</i> on the B3.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Interest on
Shareholders&#8217; Equity</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Brazilian companies are permitted
to distribute earnings to shareholders under the concept of an interest payment on shareholders&#8217; equity, calculated based on specific
Ambev&#8217;s shareholders&#8217; equity accounts multiplied by the TJLP rate. The TJLP is the official interest rate defined by the Central
Bank and used as reference in long-term loans provided by the BNDES.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Amounts distributed by Ambev
to its shareholders as interest on shareholders&#8217; equity is deductible for purposes of income tax and social contribution applicable
to our profits. The amount of the deduction may not exceed the greater of:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">50% of net income (after the deduction of social contribution on net income but before taking into consideration
the provision for corporate income tax and the amounts attributable to shareholders as interest on shareholders&#8217; equity) for the
period in respect of which the payment is made; or</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">50% of the sum of retained profits and profit reserves as of the date of the beginning of the period in
respect of which the payment is made.</td></tr></table>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Interest on shareholders&#8217; equity is treated similarly to dividends
for purposes of distribution of profits. The only significant difference is that a 15% withholding income tax is due by nonexempt shareholders,
resident or not of Brazil, upon receipt of such interest payment, which tax must be withheld by us on behalf of our shareholders when
the distribution is implemented. If the shareholder is not a Brazilian resident and is resident or domiciled in a tax-haven jurisdiction,
withholding income tax is due at a 25% rate. The amount shareholders receive as interest on shareholders&#8217; equity net of taxes is
deducted from the minimum mandatory dividend owed to shareholders.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For further information on
the taxation of interest on shareholders&#8217; equity, including the concept of tax haven jurisdiction for such purposes, see &#8220;&#8212;E.
Taxation&#8212;Brazilian Tax Considerations&#8212;Income Tax&#8212;Distributions of Interest on Shareholders&#8217; Equity.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Reserves</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">General</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Brazilian Corporation
Law provides that all discretionary allocations of adjusted net income, including the Unrealized Income Reserve and the Investment Reserve,
are subject to shareholder approval and may be added to capital (except for the amounts allocated to the Unrealized Income Reserve) or
distributed as dividends in subsequent years. In the case of Tax Incentive Reserve and the Legal Reserve, they are also subject to shareholder
approval; however, the use of their respective balances is limited to having those balances added to capital or used to absorb losses.
They cannot be used as a source for income distribution to shareholders.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Legal Reserve</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, corporations are required to maintain a &#8220;Legal Reserve&#8221; to which they must allocate 5% of their adjusted net income for
each fiscal year until the balance of the reserve equals 20% of their share capital. However, corporations are not required to make any
allocations to their legal reserve in a fiscal year in which the Legal Reserve, when added to other established capital reserves, exceeds 30% of their share capital. Accumulated losses,
if any, may be charged against the Legal Reserve. Other than that, the Legal Reserve can only be used to increase a company&#8217;s share
capital.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Contingency
Reserve</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, a portion of a corporation&#8217;s adjusted net income may also be discretionally allocated to a &#8220;Contingency Reserve&#8221;
for an anticipated loss that is deemed probable in future years and which amount can be estimated. Any amount so allocated in a prior
year must be either reversed in the fiscal year in which the loss was anticipated if that loss does not in fact occur or is not charged
off in the event that the anticipated loss occurs.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Investment
Reserve</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under Brazilian Corporation
Law, we are permitted to provide for the allocation of part of our net income to discretionary reserve accounts that may be established
in accordance with our bylaws. The allocation of our net income to discretionary reserve accounts may not be made if it serves to prevent
the distribution of the minimum mandatory distributable amount. According to our bylaws, a portion of up to 60% of our adjusted net income
may be allocated to an &#8220;Investment Reserve&#8221; for the expansion of our activities, including to be capitalized by us or for
our investment in new business ventures.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to our bylaws, the
Investment Reserve balance is not allowed to be greater than 80% of our share capital. In case such limit is reached, shareholders may
resolve to use the exceeding amount for conversion into share capital or to be distributed as dividends.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Unrealized
Income Reserve</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, the amount by which the minimum mandatory dividend exceeds the &#8220;realized&#8221; portion of net income for any particular
year may be allocated to the Unrealized Income Reserve. The realized portion of net income is the amount by which the adjusted net income
exceeds the sum of:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">our net positive results, if any, from the equity method of accounting for earnings and losses of our
subsidiaries and certain affiliates; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the net profits, net gains or net return obtained on transactions or on accounting of assets and liabilities
based on their market value, to be completed after the end of the following fiscal year.</td></tr></table>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Tax Incentive
Reserve</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, a portion of the adjusted net income may also be allocated to a general &#8220;Tax Incentive Reserve&#8221; in amounts corresponding
to reductions in a company&#8217;s income tax generated by credits for particular government-approved investments. This reserve is available
only in connection with the acquisition of capital stock of companies undertaking specific government-approved projects.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Goodwill Premium
from Shares Issued</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, the amount received from subscription of shares in excess of the par value of the shares or the portion of the issuance
price allocated to capital stock, in case of shares without par value, must be allocated to this reserve. The amount can be used (i) to
absorb losses that surpass accumulated profits and profit reserves, (ii) for future capital increases without the issuance of new shares,
(iii) to redeem or reimburse shares (including founder&#8217;s shares, if applicable), (iv) for payment of dividends to preferred shares,
if applicable, or (v) to support an approved share buyback program.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="color: windowtext">Fiscal
Benefit of Goodwill Premium Amortization (CVM </span>Resolution <span style="color: windowtext">No. 78/22)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to CVM Resolution
No. 78/22, when a reporting company merges with its parent company, while remaining a reporting company, the goodwill previously paid
by the parent company on its acquisition is deductible for purposes of income tax and social contribution on profits. This future tax
benefit is recorded as a capital reserve by the reporting company. As this benefit is realized, the company increases its share capital proportionally to the benefit and is
able to issue new shares to the parent company, pursuant to the terms of the merger agreement.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Liquidation</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the event of our liquidation,
an extraordinary general shareholders&#8217; meeting shall determine the form of liquidation and appoint a committee to supervise the
process during the liquidation period. A liquidator shall be appointed by the Board of Directors.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Restrictions
on Foreign Investment</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There are no restrictions
on ownership or voting rights in respect of our common shares owned by individuals or legal entities domiciled outside Brazil. For a description
of voting rights, see &#8220;&#8212;Rights of the Ambev Common Shares&#8221; and &#8220;&#8212;Shareholders&#8217; Meetings.&#8221; The
right to convert payments of dividends (including interest on shareholders&#8217; equity) and proceeds from the sale of our common shares
into foreign currency and to remit those amounts outside Brazil, however, is subject to exchange control and foreign investment legislation.
For a description of these exchange control restrictions and foreign investment legislation, see &#8220;Item 10. Additional Information&#8212;D.
Exchange Controls and other Limitations Affecting Security Holders.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Appraisal Rights</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, dissenting shareholders have appraisal rights that allow them to withdraw from the Company and be reimbursed for the value of their
Ambev common shares, whenever, among other instances, a decision is taken at a shareholders&#8217; meeting to:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">create preferred shares or increase disproportionately an existing class of preferred shares relative
to the other classes of shares, unless such action is provided for or authorized by our bylaws;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">modify a preference, privilege or condition of redemption or amortization conferred upon one or more classes
of preferred shares, or create a new class with greater privileges than the existing classes of preferred shares;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">reduce the minimum mandatory dividend;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">merge or consolidate us with another company;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">change our corporate purpose;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">conduct a spin-off of Ambev, if the new entities resulting from the spin-off have different primary corporate
purposes or a lower minimum mandatory dividend or such spin-off causes us to join a group of companies (as defined in the Brazilian Corporation
Law);</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">transform us into another corporate type;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">conduct a stock swap merger of Ambev with another company, so that Ambev becomes a wholly-owned subsidiary
of that company; or</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">approve the acquisition of control of another company, the price of which exceeds the limits set forth
in the Brazilian Corporation Law.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In cases where Ambev merges
or is consolidated with another company, participates in a group of companies (as defined in the Brazilian Corporation Law), or is a party
to a share merger, dissenting shareholders will not be entitled to exercise appraisal rights if their Ambev common shares are (1) liquid,
defined as being part of the IBOVESPA Index and (2) widely-held such that the controlling shareholder or companies under its control holds
less than 50% of the referred common shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Appraisal rights expire within
30 days after publication of the minutes of the relevant shareholders&#8217; meeting that approved the transaction. We are entitled to
reconsider any action triggering appraisal rights within 10 days following the expiration of the
30-day appraisal rights exercise period if the redemption of our common shares held by dissenting shareholders would jeopardize our financial
stability.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any shareholder that exercises
appraisal rights is, in general, entitled to receive the amount equivalent to its shares&#8217; book value as per the last balance sheet
approved by our shareholders. If the resolution giving rise to appraisal rights is approved more than 60 days after the date of the last
shareholder-approved balance sheet of Ambev, dissenting shareholders may require that the value of their shares be calculated on the basis
of an updated balance sheet (<i>balan&#231;o especial</i>) dated no less than 60 days before the resolution date. In this case, we must
(1) immediately advance 80% of the book value of the shares to be redeemed according to the most recent balance sheet approved by our
shareholders and (2) pay the remaining balance within 120 days after the date of the resolution of the shareholders&#8217; meeting. However,
if the advanced payment of 80% of the book value of the shares to be redeemed is greater than the actual appraisal rights value per share
determined by the updated balance sheet, then the amount in excess advanced by the Company shall be refunded to us by the dissenting shareholders
who exercised appraisal rights.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a general rule, shareholders
may not exercise appraisal rights with respect to shares acquired after the publishing of a first meeting call notice or the relevant
press release concerning the matter giving rise to such appraisal rights.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Preemptive Rights</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Each shareholder of Ambev
generally has preemptive rights to subscribe for new shares of Ambev in our capital increases (including in the issuance of stock purchase
warrants or convertible bonds) in proportion to its shareholdings. A minimum 30-day period following the publication of the capital increase
notice is given for the exercise of preemptive rights. Preemptive rights may be purchased and sold by shareholders. Our bylaws provide
that if the Board of Directors decides to increase our share capital within the limit of the authorized capital through sales in stock
exchanges, public offerings or public tender offers, no preemptive rights will apply. In addition, Brazilian law provides that the grant
or the exercise of stock options pursuant to certain stock option plans, such as our Stock Option Plan, is not subject to preemptive rights.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Inspection of
Corporate Records</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Shareholders that own 1%
or more of our outstanding share capital have the right to inspect our corporate records, including shareholders&#8217; lists, corporate
minutes, financial records and other documents, if (1) Ambev or any of its officers or directors have committed any act contrary to Brazilian
law or our bylaws or (2) there are grounds to suspect that there are material irregularities in the Company. However, in either case,
shareholders desiring to inspect our corporate records must obtain a court order authorizing the inspection.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Form and Transfer</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Brazilian law provides that
ownership of shares issued by a Brazilian corporation shall generally be evidenced only by a record of ownership maintained by either
the corporation or an accredited intermediary, such as a bank, acting as a registrar for the shares. Banco Bradesco S.A. currently maintains
our share ownership records.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Because our common shares
are in registered book-entry form, a transfer of those shares is made under the rules of the Brazilian Corporation Law, which provides
that a transfer of shares is effected by an entry made by the registrar for our shares in its books, by debiting the share account of
the transferor and crediting the share account of the transferee.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Transfers of shares by a
foreign investor are made in the same way and executed by that investor&#8217;s local agent on the investor&#8217;s behalf, except that,
if the original investment was registered with the Central Bank pursuant to foreign investment regulations, the foreign investor should
also seek, through its local agent, an amendment of the corresponding electronic registration to reflect the new ownership, if necessary.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The B3 operates a central
clearing system and a stock exchange. A holder of our common shares may choose, at its discretion, to participate in this system, and
all shares elected to be transferred to B3&#8217;s market must be deposited in custody with the stock exchange through a Brazilian institution
that is duly authorized to operate by the Central Bank and maintains a clearing
account with the B3. Our common shares that are subject to custody with the stock exchange will be reflected in our registry of shareholders.
Each participating shareholder will, in turn, be registered in our register of beneficial shareholders maintained by the stock exchange
and will be treated in the same way as registered shareholders.</p>


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<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in"><span style="color: windowtext">Disclosure
of </span>the Ownership and Trading of our Shares by Us, our <span style="color: windowtext">Principal Shareholders, Directors and Officers
or Members of our Fiscal Council </span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Pursuant to CVM rules, our
directors and officers and members of our fiscal council or of any technical or advisory committee are required to disclose to us, to
the CVM and to the B3 the number, type and manner of acquisition of any securities issued by us, or by our publicly held subsidiaries
and held by them or any persons related to them (such as a spouse, companion or dependent). The information regarding the trade of any
such securities (including the name and identification of the owner of the shares, amount and characteristics of the securities, form,
price and date of the trade) must be provided to CVM within 10 days following the end of the month in which they were traded.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under Brazilian law, shareholders
owning more than 5% of a company&#8217;s voting shares must publicly disclose their shareholder ownership to the CVM and to the Brazilian
stock exchange. In addition, according to CVM Resolution No. 44, dated August 23, 2021 (&#8220;<span style="text-decoration: underline">CVM Resolution No.&#160;44</span>&#8221;),
if any such shareholder or any shareholder electing members of the board of directors increases or decreases its participation in our
capital stock directly or indirectly exceeding thresholds of 5% multiples (i.e. 5%, 10%, 15% etc.), this person or entity must disclose
its shareholder ownership to CVM in the terms mentioned above.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to CVM Resolution
No.&#160;44, individual investment or disinvestment plans for direct or indirect controlling shareholders, members of any statutory governing
bodies of a corporation, as well as any persons who, due to their responsibility, function or position in a listed company, its controlling
company, subsidiaries or affiliates have potential access to insider information, are allowed, subject to certain requirements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Other Significant Provisions
of the Brazilian Corporation Law</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Brazilian Corporation
Law, as applicable to us, also requires the following:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">upon a sale of our control, the acquirer is required to launch a tender offer to purchase all minority
voting shares at a price equal to at least 80% of the price per share paid for the controlling stake;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">our delisting is subject to an administrative proceeding before the CVM, having as a condition the launching
of a tender offer by the controlling shareholder or us for the acquisition of all our outstanding shares (defined as those owned by shareholders
other than the controlling shareholder, officers and directors) at their fair value, as determined by an independent appraiser. Shareholders
holding more than two-thirds of the free float of shares must accept the tender offer or must expressly agree with the delisting (for
this purpose, the free float of shares must be considered those held by shareholders that have either accepted the delisting or the offer);</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">in addition, if a controlling shareholder or group of controlling shareholders acquires additional shares
in excess of one-third of the free float of shares in any class (as calculated according to a formula created by CVM), a mandatory tender
offer to ensure share dispersion is required for all the outstanding shares in that class. The same requirement applies whenever (1) a
shareholder or group of shareholders representing the same interest and holding more than 50% of the shares in any class from March 7,
2002 (pursuant to CVM Resolution No. 85/22, except for public companies existing in September 5, 2000, in which case this date will prevail),
acquires a further interest of 10% or more of that same class of shares within a 12-month period and (2) the CVM determines, within six
months after being informed, that the acquisition restricts the liquidity of the shares;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">upon the occurrence of a tender offer aimed at delisting a company or through which the controlling shareholders
will acquire more than one-third of the free float shares, the purchase price shall be equal to the fair value of the shares considering
the total number of outstanding shares;</td></tr></table>


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<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">members of our Board of Directors elected by noncontrolling shareholders (in a separate voting mechanism)
have the right to veto the choice of the independent auditor by the Board;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">our controlling shareholder, the shareholders that elect members to our Board of Directors or Fiscal
Council, the members of our Board of Directors and Fiscal Council, and our executive officers are required to disclose any purchase or
sale of our shares to the CVM and to the B3; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify"><span style="color: windowtext">the chairman of any shareholders&#8217; meeting or directors shall disregard
any vote that is rendered against provisions of any shareholders&#8217; agreement if that shareholders&#8217; agreement has been duly
filed with us, as is the case with the Shareholders&#8217; Agreement.</span></td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Material
Contracts</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition to the contracts
described in other sections of this annual report, the following is a summary of the material contracts to which we are a party.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Shareholders&#8217;
Agreement</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item 7. Major
Shareholders and Related Party Transactions&#8212;A. Major Shareholders&#8212;Ambev&#8217;s Major Shareholders&#8212;The Shareholders&#8217;
Agreement&#8221;.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Acquisitions,
Dispositions and Joint Ventures</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have discussed the details
of some material acquisitions and agreements related thereto in &#8220;Item 4. Information on the Company&#8212;A. History and Development
of the Company.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Licensing Agreements</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Pepsi</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item 4. Information
on the Company&#8212;B. Business Overview&#8212;Licenses&#8212;Pepsi.&#8221;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Red Bull</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item 4. Information
on the Company&#8212;B. Business Overview&#8212;Licenses&#8212;Red Bull.&#8221;</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Licensing Agreements
with ABI</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item 4. Information
on the Company&#8212;B. Business Overview&#8212;Licenses&#8212;Licensing Agreements with ABI.&#8221;</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Tax Benefits</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Many states in Brazil offer
tax benefits programs to attract investments to their regions. We participate in ICMS Value-added Tax Credit Programs offered by various
Brazilian states which provide (1) tax credits to offset ICMS Value-Added Tax payables and (2) ICMS Value-Added Tax deferrals. In return,
we are required to meet certain operational requirements including, depending on the state, production volume and employment targets,
among others. All of these conditions are included in specific agreements between Ambev and the state governments. In the event that we
do not meet the program&#8217;s targets, future benefits may be withdrawn. Also, the State of S&#227;o Paulo and others have challenged,
in the Brazilian Supreme Court, state laws upon which certain of the above benefits have been granted, on the basis that they constitute
tax benefits created without certain approvals required under Brazilian tax laws and regulations, which would render such state laws unconstitutional
(Brazilian tax war). Accordingly, as far as the tax benefits are granted based on the state legislation, most companies apply for and
use those benefits when granted. On August 8, 2017, Supplementary Law No. 160 was published authorizing the states and the Federal District
to revalidate within 180 days the tax benefits allegedly created without the approvals required under Brazilian tax laws and regulations
by means of an Interstate Agreement. Under the provisions of Supplementary Law No. 160, Confaz Interstate Agreement No. 190 was published
on December 18, 2017, allowing the states to republish and reinstall the state tax benefits created up to August 8, 2017. The validation
of such tax incentives, however, is not self-applicable and it depends on the fulfillment
of certain conditions by the granting state. That is, in view of the Supplementary Law No. 160/2017 and Confaz Interstate Agreement No.
190/2017, the compliance by the states with the remission, amnesty and/or reinstitution requirements shall be assessed, especially regarding
the registration and deposit of tax benefits and their deadline of enjoyment established by the Supplementary Law. So far, most of the
tax benefits programs granted to Ambev have been republished and reinstalled by the granting state. Moreover, in August 2020, the Brazilian
Supreme Court issued a binding decision (Extraordinary Appeal No. 628.075) ruling that tax credits granted by the states in the context
of ICMS tax war shall be considered unconstitutional, except for the credits derived from tax benefits that have been complied with the
validation process provided for in Supplementary Law No. 160 and Confaz Interstate Agreement No. 190. See &#8220;Item 5. Operating and
Financial Review and Prospects&#8212;B. Liquidity and Capital Resources&#8212;Sales Tax Deferrals and Other Tax Credits&#8221;, &#8220;Item
3. Key Information&#8212;D. Risk Factors&#8221; and &#8220;Item 8. Financial Information &#8211; A. Consolidated Financial Statements
and Other Financial Information.&#8221;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">D.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exchange
Controls and other Limitations Affecting Security Holders</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There are no restrictions
on ownership of the ADSs or Ambev&#8217;s preferred shares or common shares by individuals or legal entities based on location and/or
nationality of the respective investor. However, the right to convert dividends and interest on shareholders&#8217; equity payments arising
from Ambev&#8217;s shares, as well as proceeds from the sale of Ambev&#8217;s shares, into U.S. dollars and to remit those amounts outside
Brazil is subject to exchange control constrains and foreign investment legislation. Such operations generally require that the relevant
investments be registered with the Brazilian Central Bank and foreign investors are registered with the CVM.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Restrictions on the remittance
of foreign capital abroad could hinder or prevent Banco Bradesco S.A., the custodian of Ambev&#8217;s ADS program, or &#8220;Custodian&#8221;,
or holders who have exchanged Ambev&#8217;s ADSs for Ambev&#8217;s shares, from converting dividend distributions, interest on shareholders&#8217;
equity or the proceeds from any sale of shares of Ambev into U.S. dollars and remitting such U.S. dollars abroad. Holders of Ambev&#8217;s
securities could be adversely affected by delays or difficulties to meet any regulatory requirement for conversions of payments in <i>reais</i>
and remittances abroad.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Investors residing outside
Brazil, including institutional investors, may either register their investments in securities in Brazil, (i) as a foreign direct investment
under BCB Resolution 278; or (ii) as a portfolio investment under CMN Resolution No. 4,373, and CVM Resolution No. 13, dated November
18, 2020. Foreign investors, regardless of whether their investments are made as direct investments or portfolio investments, must be
enrolled with the Brazilian Federal Revenue. This registration process is undertaken by financial institution or by an institution authorized
to operate by the Brazilian Central Bank as the investor&#8217;s legal representative in Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Foreign direct investors
under BCB Resolution 278 may directly hold and sell securities in both private and open market transactions, but these investors are likely
to be subject to a different tax treatment on gains, apart from being subject to taxation on the execution of foreign exchange transactions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On the other hand, CMN Resolution
4,373 establishes the possibility for foreign investors to make investments in local currency with funds held in their brokerage accounts.
With certain exceptions, CMN Resolution 4,373 allows investors to carry out various type of transactions in the Brazilian capital markets
involving a security traded on a Brazilian stock or futures exchange, or through an organized over-the-counter market, but investors may
not transfer the ownership of investments made under such regulation to other non-Brazilian holders through private transactions. Investments
and remittances outside Brazil for gains, dividends, profits or other payments under Ambev&#8217;s securities are made through the foreign
exchange market.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, any foreign
investor must also be registered with the <i>Receita Federal do Brasil</i> (Brazilian Federal Revenue Service), or the RFB, pursuant to
RFB Normative Instruction No. 1,548 of February 13, 2015, and RFB Normative Instruction No. 1,863 of December 28, 2018.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In order to be accredited
to invest under CMN Resolution 4,373, foreign investor must:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol; color: windowtext">&#183;</span></td><td style="text-align: justify"><span style="color: windowtext">appoint a legal representative duly accredited with the Brazilian Central
Bank, t</span>hat will be responsible for complying with the registration and periodically reporting requirements of the Brazilian Central
Bank and the CVM<span style="color: windowtext">;</span></td></tr></table>


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<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">appoint a custodian duly accredited with the CVM;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">hold a brokerage account with the accredited custodian;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">appoint a tax representative in Brazil;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">be registered with the Brazilian Federal Revenue, to obtain the enrollment of taxpayer registration;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">be registered as a foreign investor with the CVM; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">through the appointed representative in Brazil, register the foreign investment with the Brazilian Central
Bank.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The foreign investment in
Ambev&#8217;s shares underlying the ADSs was registered by the Custodian on behalf of The Bank of New York Mellon, the depositary for
the ADS programs of Ambev, or &#8220;Depositary&#8221;, enabling the Custodian to convert dividends and other amounts distributed by Ambev
into foreign currency and remit such proceeds outside Brazil to the Depositary.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If a holder of ADSs decides
to exchange such ADSs for the underlying Ambev&#8217;s shares, the holder will be entitled to (i) immediately sell the shares in the stock
exchange and rely on the Depositary&#8217;s electronic registration to obtain and remit U.S. dollars abroad; (ii) convert its investment
into a foreign portfolio investment under CMN Resolution 4,373, or (iii) convert its investment into a foreign direct investment under
BCB Resolution 278. If a holder of ADSs wishes to convert its investment into either a foreign portfolio investment under CMN Resolution
4,373 or a foreign direct investment under CMN Resolution 3,844, it should begin the process of obtaining its own foreign investor registration
with the Brazilian Central Bank and/or with the CVM, as the case may be, in advance of exchanging the ADSs for Ambev&#8217;s shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In the event that a conversion
of ADSs into foreign portfolio investments or foreign direct investment takes place, the Custodian is authorized to update the Depositary&#8217;s
electronic registration to reflect such transaction.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Under current legislation,
the Brazilian government may impose temporary restrictions on remittances of foreign capital abroad in the event of a serious imbalance
or an anticipated serious imbalance of Brazil&#8217;s balance of payments. See &#8220;&#8212;D. Risk Factors&#8212;Risks Relating to Brazil
and Other Countries in Which We Operate&#8221; and &#8220;&#8212;D. Risk Factors&#8212;Risks Relating to Our Common Shares and ADSs.&#8221;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">E.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Taxation</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following summary contains
a description of the material Brazilian and U.S. federal income tax considerations of the acquisition, ownership and disposition of our
common shares or ADSs. This discussion is not a comprehensive discussion of all the tax considerations that may be relevant to a decision
to purchase, hold or dispose of our common shares or ADSs and is not applicable to all categories of investors, some of which may be subject
to special rules. Each prospective purchaser is urged to consult its own tax advisor about the particular Brazilian and U.S. tax considerations
to it of an investment in our common shares or ADSs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The summary is based upon
tax laws of Brazil and the United States and the regulations thereunder, as in effect on the date hereof, which are subject to change
(possibly with retroactive effect). Although there is at present no income tax treaty between Brazil and the United States, the tax authorities
of the two countries have entered into a Tax Information Exchange Agreement and have had discussions that may culminate in a treaty. No
assurance can be given, however, as to whether or when a treaty will enter into force or of how it will affect holders of our common shares
or ADSs. This summary is also based on representations of the depositary and on the assumption that each obligation in the Deposit Agreement
relating to our ADSs and the related documents will be performed in accordance with its terms.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Brazilian Tax
Considerations</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The following discussion
summarizes the material Brazilian tax consequences of the acquisition, ownership and disposition of our common shares or ADSs by a holder
that is not deemed to be domiciled in Brazil for purposes of Brazilian taxation and,
in the case of a holder of common shares, which has registered its investment in such securities with the Central Bank as a U.S. dollar
investment (in each case, a &#8220;Non-Brazilian Holder&#8221;).</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The discussion does not purport
to be a comprehensive description of all tax considerations that may be relevant to a decision to purchase our common shares or ADSs.
The discussion below is based on Brazilian law as currently in effect. Any change in such law may change the consequences described below.
The following discussion does not specifically address all of the Brazilian tax considerations applicable to any particular Non-Brazilian
Holder, and each Non-Brazilian Holder should consult his or her own tax advisor concerning the Brazilian tax consequences of an investment
in our common shares or ADSs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The tax consequences described
below do not consider the effects of any tax treaties or reciprocity of tax treatment entered into by Brazil and other countries.
The summary below does not address any tax consequences under the tax laws of any state or locality of Brazil.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On 29 December 29, 2022,
the Brazilian government issued Provisional Measure No. 1,152 (MP1152) which introduces changes to the legislation on corporate income
tax and provides for new transfer pricing rules aiming to align the country's rules with international standards as proposed by the Organization
of Economic Co-operation and Development (&#8220;OECD&#8221;).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In essence, MP 1152 (i) is
a result of an adaptation effort to conform the current transfer pricing rules to the OECD model which forsakes fixed criteria in favor
of adopting the principle that transactions should be valued as if they had been carried out between unrelated parties, each acting in
his own best interest. (&#8220;The Arm&#8217;s Length Principle&#8221;); and (ii) brough forth express guidance in relation to some specific
transactions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Specifically in relation
to the concept of Privileged Tax Regime, further detailed, MP 1152 has a minimum threshold tax rate of 17%, a change from the minimum
rate of 20% foreseen in the current rules.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">MP 1152 will produce
effects as of January 2024, unless the taxpayer choses to anticipate its effects to January 2023, subject to further regulation. At
this time, it is not possible to predict whether MP 1152 will be converted into law, or even the final wording of the resulting law
since the text of the law may undergo amendments during the legislative process. Note that such amendments, in light of the end of
year recess, may only be proposed up to February 3, 2023 or by Rapporteur, afterwards. Also, the new regime requires further
regulation to clarify its full details. Therefore, given the uncertainties of the outcome of MP 1152 and its further regulation, the
matter should be closely monitored.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The summary below does not
address any tax issues that affect only the company, such as the deductibility of expenses.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Income Tax</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Taxation of Dividends</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Dividends paid by us, a Brazilian
corporation, including our Company, to The Bank of New York Mellon in respect of the common shares underlying the respective ADSs, or
to a Non-Brazilian Holder with respect to our common shares, are currently not be subject to Brazilian withholding income tax (&#8220;WHT&#8221;)
provided that they are paid out of profits generated as of January&#160;1, 1996. Dividends paid from profits generated before January
1, 1996 may be subject to WHT at variable rates according to the tax legislation applicable to each corresponding year.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In this context, it should
be noted that Law No. 11,638 dated December 28, 2007, effective as of 2008, significantly altered the Brazilian Corporate Law in order
to align Brazilian GAAP with IFRS, as issued by the IASB. Nonetheless, Law No. 11,941 dated May 27, 2009 introduced the Transitory Tax
Regime (<i>Regime Tribut&#225;rio de Transi&#231;&#227;o</i>) (&#8220;RTT&#8221;), in order to render neutral, from a tax perspective,
all the changes provided by Law 11,638/07. Under the RTT, for tax purposes, legal entities should observe the accounting methods and criteria
that were effective on December 31, 2007 (&#8220;2007 Profits&#8221;).</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Profits determined pursuant
to Law 11,638/07 (&#8220;IFRS Profits&#8221;) may differ from the profits calculated pursuant to the accounting methods and criteria as
in force on December 31, 2007.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">While it was a general market
practice to distribute exempted dividends with reference to the IFRS Profits, Normative Ruling No. 1,397, issued by the Brazilian tax
authorities on September 16, 2013, has established those legal entities should observe the 2007 Profits, in order to determine the amount
of profits that could be distributed as exempted income to its beneficiaries.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any profits paid in excess
of said 2007 Profits (&#8220;Excess Dividends&#8221;) should, in the tax authorities&#8217; view and in the specific case of non-resident
beneficiaries, be subject to the following rules of taxation: (i) 15% WHT, in case of beneficiaries domiciled abroad, but not in Low or
Nil Tax Jurisdiction (as defined below), and (ii) 25% WHT, in case of beneficiaries domiciled in Low or Nil Tax Jurisdiction (as defined
below).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In order to mitigate potential
disputes on the subject, Law No. 12,973, dated May 13, 2014, in addition to revoking the RTT, introduced a new set of tax rules, or the
New Brazilian Tax Regime, including new provisions with respect to Excess Dividends.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There can be no assurance
that the current tax exemption on dividends distributed by Brazilian companies will continue in the future.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Taxation of Gains</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to Article 26 of
Law No. 10,833/2003, as amended, gains realized by a Non-Brazilian Holder (understood as a non-Brazilian tax resident) on a sale or disposition
of assets located in Brazil, such as our common shares, are generally subject to WHT in Brazil, regardless of whether the sale or other
disposition is made by a Non-Brazilian Holder to another non-Brazilian resident or to a Brazilian resident. With respect to the ADSs,
arguably the gains realized by a Non-Brazilian Holder on the disposition of ADSs, including to another non-Brazilian resident are not
taxed in Brazil, based on the argument that ADSs would not constitute assets located in Brazil for purposes of Law No. 10,833/03. However,
we cannot assure you how Brazilian courts would interpret the definition of assets located in Brazil in connection with the taxation of
gains realized by a Non-Brazilian Holder on the disposition of ADSs, including to another non-Brazilian resident. As a result, gains on
a disposition of ADSs by a non-Brazilian holder to a Brazilian resident, or even to a non-Brazilian holder in the event that courts determine
that ADSs would constitute assets located in Brazil, may be subject to income tax in Brazil according to the rules further described.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">As a rule, capital gains
realized as a result of a transaction carried out in a Brazilian stock exchange can be measured by the positive difference between the
amount obtained as a result of the sale or exchange of a security and its respective acquisition cost. There is a controversy regarding
the currency that should be considered for purposes of determining the capital gain realized by a Non-Brazilian Holder on a sale or disposition
of shares in Brazil, more specifically, if such capital gain is to be determined in foreign or in local currency (BRL).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">Until December 31, 2016,
the applicable general income tax rate for non-residents was 15%. Law No. 13,259, dated March 17, 2016, or Law No. 13,259/16, increased
the income tax rates applicable to gains derived by Brazilian individuals of up to 22.5%. Under Law No. 13,259/16, the income tax rates
applicable to Brazilian individuals&#8217; capital gains are as follows: (i) 15% levied on gains of up to R$5 million, (ii) 17.5% levied
on gains in excess of R$5 million up to R$10 million, (iii) 20% levied on gains in excess of R$10 million up to R$30 million and (iv)
22.5% levied on any gains exceeding R$30 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">At the time, there was
uncertainty around whether or not the new progressive income tax rates applied to Non-Brazilian Holders, because Law No. 13,259/16 made
express reference to the capital gains tax applicable to Brazilian resident individuals but did not mention capital gains tax in respect
of non-residents.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">Therefore, Non-Brazilian
Holders are advised to consult their own tax advisors regarding the possible consequences of Law No. 13,259/16 on the disposition of common
shares.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.25in">The deposit of common
shares in exchange for ADSs may be subject to Brazilian tax on capital gains at rates ranging from&#160;15% to&#160;22.5%, or&#160;25%
in the case of investors domiciled in a Low or Nil Tax Jurisdiction, as defined below, if the acquisition cost of the common shares is
lower than (a)&#160;the average price per common share on a Brazilian stock exchange on which
the greatest number of such shares were sold on the day of deposit or (b)&#160;if no common shares were sold on that day, the average
price on the Brazilian stock exchange on which the greatest number of common shares were sold in the&#160;15 trading sessions immediately
preceding such deposit. In such case, the difference between the acquisition cost and the average price of the common shares calculated
as described above, may be considered to be a capital gain subject to taxation. In some circumstances, there may be arguments to sustain
that such taxation is not applicable in the case of a Non-Brazilian Holder that is a&#160;4,373 Holder (as defined below) and is not resident
in a Low or Nil Tax Jurisdiction.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.25in">The withdrawal of ADSs
in exchange for common shares should not be considered as giving rise to a capital gain subject to Brazilian income tax, provided that
on the receipt of the underlying common shares, the non&#45;Brazilian holder complies with the regulatory rules observed in respect to
the registration of the investment before the Central Bank.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Gains realized by a Non-Brazilian
Holder on a sale or disposition of our common shares carried out on the Brazilian stock exchange, which includes the transactions carried
out on the organized over-the-counter market, are:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">exempt from income tax when realized by a Non-Brazilian Holder that (1) has registered its investment
in Brazil with the Central Bank under the rules of CMN Resolution No. 4,373/2014, or a 4,373 Holder, and (2) is not resident or domiciled
in a Low or Nil Taxation Jurisdiction, as defined below (it is controversial whether the exemption also applies to transactions carried
out on the organized over-the-counter market); or</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">in all other cases, subject to income tax at a rate of up to 25%, depending on the type of investor and
its location.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any other gains assessed
on a sale or disposition of the shares that is not carried out on a Brazilian stock exchange are subject to WHT at rates ranging from
15% up to 25% depending on the type of investor and its location. Lower rates may be applicable as provided for in an applicable tax treaty
entered into between Brazil and the country where the Non-Brazilian Holder resides.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If these gains are related
to transactions conducted on the Brazilian non-organized over-the-counter market with intermediation of a financial institution, a withholding
tax of 0.005% on the sale value will also apply and can be used to offset against any income tax due on the capital gain earned by the
Non-Brazilian Holder.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.25in">In the case of a redemption
of common shares (or ADSs if understood that these are assets located in Brazil) or a capital reduction by a Brazilian corporation, the
positive difference between the amount received by the Non-Brazilian Holder and the acquisition cost of the common shares (or ADSs) redeemed
is treated, for tax purposes, as capital gain derived from the sale (or exchange of shares in the case of ADSs) not carried out on a Brazilian
stock exchange market and is therefore subject to income tax at the rate of&#160;15%, or&#160;25%, as the case may be.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There can be no assurance
that the current preferential treatment for non-Brazilian holder of ADSs and&#160;4,373 Holder of preferred shares will continue in the
future.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Any exercise of preemptive
rights relating to the Ambev common shares or ADSs will not be subject to Brazilian taxation. Gains on the sale of preemptive rights relating
to the shares will be treated differently for Brazilian tax purposes depending on (1) whether the sale is made by The Bank of New York
Mellon or the investor and (2) whether the transaction takes place on a Brazilian stock exchange. Gains on sales made by the depositary
on a Brazilian stock exchange are not taxed in Brazil but gains on other sales may be subject to tax at rates of up to 25%.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Discussion on Low or Nil Taxation
Jurisdictions and Privileged Tax Regimes</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to Law No 9,430/96,
as amended, a Low or Nil Taxation Jurisdiction is a country or location that (1) does not impose taxation on income, (2) imposes income
tax at a maximum rate lower than 20% or (3) imposes restrictions on the disclosure of shareholding composition or the ownership of the
investment or the ultimate beneficiary of earnings attributed to non-residents. A regulation issued by the Ministry of Treasury on November 28, 2014 (Ordinance
No. 488, of 2014) decreased from 20% to 17% this minimum threshold for certain specific cases. The reduced 17% threshold applies only
to countries and regimes aligned with international standards of fiscal transparency in accordance with rules established by the Brazilian
tax authorities in Normative Ruling No. 1,530, dated December 19, 2014. However, the Normative Ruling No.&#160;1,037, of June 4, 2010
which identifies the countries considered to be Low or Nil Tax Jurisdictions and the locations considered as Privileged Tax Regimes, has
not been amended to reflect the 17% rate.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">On June 24, 2008, and with
effect as of January 1, 2009, Law No. 11,727/2008 created the concept of Privileged Tax Regime, in connection with transactions subject
to Brazilian transfer pricing rules and also applicable to thin capitalization/cross border interest deductibility rules, which is broader
than the concept of a Low or Nil Tax Jurisdiction. Pursuant to Law No. 11,727/08, a jurisdiction will be considered a Privileged Tax Regime
if it: (1) does not tax income or taxes it at a maximum rate lower than 20% or 17%, provided that the requirements set forth in Normative
Ruling No. 1,530 and Ordinance No. 488 are met; (2) grant tax advantages to a non-resident entity or individual (i) without the need to
carry out a substantial economic activity in the country or a said territory or (ii) conditioned to the non-exercise of a substantial
economic activity in the country or a said territory; (3) does not tax or tax proceeds generated abroad at a maximum rate lower than 20%
or 17% as applicable provided that the requirements set forth in Normative Ruling No. 1,530 are met; or (4) restricts the ownership disclosure
of assets and ownership rights or restricts disclosure about economic transactions carried out.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, on June 4, 2010,
the Brazilian Tax Authorities enacted Ordinance No. 1,037 listing (i) the countries and jurisdictions considered Low or Nil Tax Jurisdictions
and (ii) the Privileged Tax Regimes. Normative Ruling 1,037 has not been amended thus far to reflect the threshold changes previously
mentioned.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">However, under the current
legal framework it is still debatable whether the Privileged Tax Regime should apply solely to transactions subject to Brazilian transfer
pricing and/or thin capitalization/cross border interest deductibility rules. Accordingly, there is no assurance that Brazilian tax authorities
will not attempt to apply such regime to other types of transactions. Prospective purchasers should consult with their own tax advisors
regarding the consequences of the implementation of Law No. 11,727, Normative Instruction No. 1,037 and of any related Brazilian tax laws
or regulations concerning Nil or Low Tax Jurisdictions and Privileged Tax Regimes.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Distributions of Interest on Shareholders&#8217;
Equity</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In accordance with Law No.
9,249, dated December 26, 1995, Brazilian corporations may make payments to shareholders characterized as distributions of interest on
their shareholders&#8217; equity (as an alternative to carrying out dividend distributions). Such interest is calculated by multiplying
the Brazilian Long Term Interest Rate (&#8220;TJLP&#8221;), as determined by the Central Bank from time to time, by the sum of the determined
Brazilian company&#8217;s net equity accounts.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Distributions of interest
on shareholders&#8217; equity in respect of the Ambev common shares paid to shareholders who are either Brazilian residents or Non-Brazilian
Residents, including holders of ADSs, are subject to Brazilian WHT at the rate of 15% or 25% if the Non-Brazilian Resident is domiciled
in a Low or Nil Taxation Jurisdictions , as defined above, or where applicable local laws impose restrictions on the disclosure of the
shareholding composition or the ownership of investments or the ultimate beneficial owner of the income derived from transactions carried
out and attributable to a Non-Brazilian Holder. As explained in &#8220;&#8212;Discussion on Low or Nil Taxation Jurisdictions and Privileged
Tax Regimes,&#8221; the RFB reduced to 17% the maximum income tax rate that may be imposed by a given jurisdiction for the purpose of
characterization of a Low or Nil Taxation Jurisdiction, as long as the country complies with international tax transparency standards.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The amounts paid as distribution
of interest on shareholders&#8217; equity are deductible from the taxable basis of the corporate income tax and social contribution on
net profits, both of which are taxes levied on our profits, as long as the payment of a distribution of interest is approved at a general
meeting of shareholders of the Company. The payment of interest on net equity cannot exceed the greater of:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">50% of net profits (after deduction of social contribution on net profits, and before considering
the provision for corporate income tax and the amount attributable to shareholders as interest on shareholders&#8217; equity) for the
period in respect of which the payment is made; or</td></tr></table>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">50% of the sum of retained earnings and profit reserves as of the initial date of the period in respect
of which the payment is made.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The distribution of interest
on shareholders&#8217; equity may be determined by the Board of Directors. No assurance can be given that the Board of Directors will
not determine those future distributions of profits may be made by means of interest on shareholders&#8217; equity instead of by means
of dividends. These payments of interest on shareholders&#8217; equity may be included, at their net value, as part of any mandatory dividend.
To the extent payment of interest on shareholders&#8217; equity is so included, the corporation may be required to distribute to shareholders
an additional amount to ensure that the net amount received by them, after payment of the applicable WHT plus the amount of declared dividends
is at least equal to the mandatory dividend.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Distributions of interest
on shareholders&#8217; equity to Non-Brazilian Holders may be converted into U.S. dollars and remitted outside Brazil, subject to applicable
exchange controls, to the extent that the investment is registered with the Brazilian Central Bank.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There are discussions in
Congress regarding possible changes to the tax treatment of interest on shareholders&#8217; equity from time to time.</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Tax on Foreign
Exchange Transactions (IOF/Exchange Tax)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Brazilian Decree No. 6,306/2007
imposes a Tax on Foreign Exchange Transactions, or &#8220;IOF/Exchange,&#8221; on the conversion of <i>reais</i> into foreign currency
(e.g., for purposes of remitting funds outside Brazil or making investments into Brazil), and on the conversion of foreign currency into
<i>reais</i>. As from October 7, 2014, the general IOF/Exchange rate applicable to almost all foreign currency exchange transactions was
increased from zero to 0.38%, although other rates may apply in particular operations, such as:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">inflow related to transactions carried out in the Brazilian financial and capital markets, including investments
in our common shares by foreign investors (including a Non-Brazilian Holder, as applicable) which register their investment under Resolution
No. 4,373, zero;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">outflow related to the return of the investment mentioned under the first bulleted item above, zero; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">outflow related to the payment of dividends and interest on shareholders&#8217; equity in connection with
the investment mentioned under the first bulleted item above, zero.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding these rates
of the IOF/Exchange, the Brazilian government is permitted to increase at any time the rate to a maximum of 25%, but only in relation
to future transactions, with immediate effects.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><b>Tax on Bonds and Securities
Transactions (IOF/Bonds)</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Tax on Transactions Involving
Bonds and Securities, or &#8220;IOF/Bonds&#8221; may be levied on transactions involving shares, even if the transactions are effected
on Brazilian stock, futures or commodities exchanges. IOF/Bonds may also be levied on transactions involving ADSs if they are considered
assets located in Brazil by the Brazilian tax authorities. As mentioned in the above discussion on taxation of gains, we are unable to
predict how Brazilian courts would view this issue, and to date, we are not aware of any judicial or administrative precedent on this
specific matter.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As from December 24, 2013,
the IOF/Bonds levies at a rate of zero percent on the transfer (<i>cess&#227;o</i>) of shares traded in a Brazilian stock exchange environment
with the specific purpose of enabling the issuance of depositary receipts to be traded outside Brazil. The rate of IOF/Bonds with respect
to other transactions related to shares and ADSs (if applicable) is currently zero.</p>


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<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in"><span style="font-style: normal">The
Brazilian government may increase such rate up to 1.5% per day, with immediate effects but only with respect to future transactions.</span></p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.25in; text-align: justify; text-indent: 0in">Other Relevant
Brazilian Taxes</p>

<p style="font: italic 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0.25in"><span style="font-style: normal">There
are no Brazilian federal inheritance, gift or succession taxes applicable to the ownership, transfer or disposition of shares or ADSs
by a Non-Brazilian Holder except for gift and inheritance taxes which may be levied by some states of Brazil. There currently are no Brazilian
stamp, issue, registration or similar taxes or duties payable by holders of shares or ADSs.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">U.S. Federal Income Tax Considerations
The following discussion is a summary of the U.S. federal income tax considerations generally applicable to the acquisition, ownership
and disposition of our common shares or ADSs by a U.S. Holder (as defined below) who holds our common shares or ADSs as capital assets
for U.S. federal income tax purposes (generally, property held for investment). This discussion is based on the U.S. Internal Revenue
Code of 1986, as amended (the &#8220;Code&#8221;), U.S. Treasury regulations promulgated thereunder (&#8220;Regulations&#8221;), published
positions of the Internal Revenue Service (the &#8220;Service&#8221;), court decisions and other applicable authorities, all as currently
in effect as of the date hereof and all of which are subject to change or differing interpretations (possibly with retroactive effect).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">This discussion does not
describe all of the U.S. federal income tax considerations that may be applicable to U.S. Holders in light of their particular circumstances
or U.S. Holders subject to special treatment under U.S. federal income tax law, such as:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">banks, insurance companies and other financial institutions;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">tax-exempt entities;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">real estate investment trusts;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">regulated investment companies;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">dealers or traders in securities;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">certain former citizens or residents of the United States;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">persons that elect to mark their securities to market;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">persons holding our common shares or ADSs as part of a &#8220;straddle,&#8221; conversion or other integrated
transaction;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">persons that have a functional currency other than the U.S. dollar; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">persons that actually or constructively own 10% or more of our equity (by vote or value).</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In addition, this discussion
does not address any U.S. state or local or non-U.S. tax considerations or any U.S. federal estate, gift, alternative minimum tax or Medicare
contribution tax considerations. U.S. Holders should consult their tax advisors concerning the U.S. federal income tax considerations
to them in light of their particular situation as well as any considerations arising under the laws of any other taxing jurisdiction.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For purposes of this discussion,
a &#8220;U.S. Holder&#8221; is a beneficial owner of our common shares or ADSs that is for U.S. federal income tax purposes:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">an individual who is a citizen or resident of the United States;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) created
or organized in or under the laws of the United States, any state thereof or the District of Columbia;</td></tr></table>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
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<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">an estate the income of which is subject to U.S. federal income taxation regardless of its source; or</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">a trust that (i)&#160;is subject to the primary supervision of a court within the United States and the
control of one or more U.S. persons or (ii)&#160;has a valid election in effect under applicable Regulations to be treated as a U.S. person.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If a partnership (or an entity
or arrangement treated as a partnership for U.S. federal income tax purposes) acquires, owns or disposes of our common shares or ADSs,
the tax treatment of a partner in such partnership will generally depend upon the status of the partner and the activities of the partnership.
A partner in a partnership acquiring, owning or disposing of our common shares or ADSs should consult its tax advisor regarding the U.S.
federal income tax considerations to it of acquiring, owning or disposing of our common shares or ADSs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The discussion below assumes
that the representations contained in the ADS deposit agreement are true and that the obligations in the ADS deposit agreement and any
related agreements will be complied with in accordance with their terms. In general, for U.S. federal income tax purposes, U.S. Holders
who own ADSs will be treated as the beneficial owners of the underlying common shares represented by those ADSs. Accordingly, the surrender
of ADSs in exchange for common shares (or vice versa) will not result in the realization of gain or loss for U.S. federal income tax purposes.
The rest of this discussion assumes that a U.S. Holder of ADSs will be treated for U.S. federal income tax purposes as directly holding
the underlying common shares.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Distributions</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Subject to the discussion
below under &#8220;&#8212;Passive Foreign Investment Company Rules,&#8221; the gross amount of distributions (including amounts withheld
to pay Brazilian withholding taxes, if any) on our common shares or ADSs to a U.S. Holder out of our current or accumulated earnings and
profits, as determined under U.S. federal income tax principles, will generally be includible in a U.S. Holder&#8217;s gross income as
dividend income on the day actually or constructively received by such holder. Because we do not intend to determine our earnings and
profits on the basis of U.S. federal income tax principles, any distribution paid will generally be treated as dividend income for U.S.
federal income tax purposes. Dividends received on our common shares or ADSs will not be eligible for the dividends received deduction
allowed to corporations under the Code.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Individuals and other non-corporate
U.S. Holders will be subject to tax at the lower capital gain tax rate applicable to &#8220;qualified dividend income,&#8221; provided
that certain conditions are satisfied, including that (1) our common shares or ADSs are readily tradable on an established securities
market in the United States, (2) we are neither a passive foreign investment company (a &#8220;PFIC&#8221;) nor treated as such with respect
to a U.S. Holder (as discussed below) for the taxable year in which the dividend was paid and the preceding taxable year, and (3) certain
holding period requirements are met. Our ADSs, but not our common shares, are listed on the NYSE so we anticipate that our ADSs should
qualify as readily tradable on an established securities market in the United States, although there can be no assurances in this regard.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The amount of any dividend
paid in <i>reais</i> (including amounts withheld to reflect Brazilian withholding tax) will be includible in income in a U.S. dollar amount
based on the prevailing U.S. dollar-<i>reais</i> exchange rate in effect at the time the distribution is received by the depositary (in
the case of ADSs) or by the U.S. Holder (in the case of common shares held directly by such U.S. Holder), regardless of whether such <i>reais</i>
are converted into U.S. dollars on such date. Any foreign currency gain or loss recognized by a U.S. Holder on a subsequent sale or conversion
of any <i>reais</i> received in a dividend will generally be U.S.-source ordinary income or loss.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">For U.S. foreign tax credit
purposes, dividends will generally be treated as income from foreign sources and will generally constitute passive category income. Depending
on a U.S. Holder&#8217;s particular circumstances, such holder may be eligible, subject to a number of complex limitations, to claim a
foreign tax credit in respect of any Brazilian withholding taxes imposed on dividends received on our common shares or ADSs. If a U.S.
Holder does not elect to claim a foreign tax credit for foreign tax withheld, such holder is permitted instead to claim a deduction, for
U.S. federal income tax purposes, for the foreign tax withheld, but only for a year in which such holder elects to do so for all creditable
foreign income taxes. The rules governing foreign tax credits and deductions are complex.
U.S. Holders should consult their tax advisors regarding the availability of foreign tax credit or deductions under their particular circumstances.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Sale or Other Taxable Disposition</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Subject to discussion below
under &#8220;&#8212;Passive Foreign Investment Company Rules,&#8221; a U.S. Holder will generally recognize capital gain or loss upon
the sale or other taxable disposition of our common shares or ADSs in an amount equal to the difference, if any, between the amount realized
upon the disposition and such holder&#8217;s adjusted tax basis in such common shares or ADSs. For these purposes, if Brazilian tax is
withheld on the sale or other taxable disposition of our common shares or ADSs, the amount realized will include the gross amount of the
proceeds of that sale or other taxable disposition before deduction of the Brazilian tax. Any capital gain or loss will be long-term if
a U.S. Holder has held our shares for more than one year. Long-term capital gains of non-corporate U.S. Holders are eligible for reduced
rates of taxation. The deductibility of capital losses is subject to limitations under the Code. Any gain or loss recognized by U.S. Holders
will generally be treated as U.S.-source gain or loss for foreign tax credit purposes. Consequently, U.S. Holders may not be able to use
the foreign tax credit arising from any Brazilian tax imposed on the disposition of our common shares or ADSs unless such credit can be
applied (subject to applicable limitations) against tax due on other income treated as derived from foreign sources. If a U.S. Holder
does not elect to claim a foreign tax credit for foreign tax withheld, such holder is permitted instead to claim a deduction, for U.S.
federal income tax purposes, for the foreign tax withheld, but only for a year in which such holder elects to do so for all creditable
foreign income taxes. The rules governing foreign tax credits and deductions are complex. U.S. Holders should consult their tax advisors
regarding the availability of foreign tax credits or deductions under their particular circumstances.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Passive Foreign Investment Company
Rules</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">A non-U.S. corporation will
be classified as a PFIC for U.S. federal income tax purposes for any taxable year, if either (i) 75% or more of its gross income for such
year consists of certain types of &#8220;passive&#8221; income or (ii) 50% or more of the value of its assets (determined on the basis
of a quarterly average) during such year produce or are held for the production of passive income. Passive income generally includes dividends,
interest, royalties, rents, annuities, net gains from the sale or exchange of property producing such income and net foreign currency
gains. For this purpose, cash is categorized as a passive asset and the company&#8217;s unbooked intangibles associated with active business
activity are considered as a non-passive asset. We will be treated as owning our proportionate share of the assets and earning
our proportionate share of the income of any other corporation in which we own, directly or indirectly, at least 25% (by value) of the
stock.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If we are a PFIC for any
taxable year during which a U.S. Holder holds our common shares or ADSs, such holder will be subject to special tax rules with respect
to any &#8220;excess distribution&#8221; that such holder receives and any gain such holder realizes from a sale or other disposition
(including a pledge) of our common shares or ADSs, unless such holder makes a certain election as discussed below. Distributions a U.S.
Holder receives in a taxable year that are greater than 125% of the average annual distributions such holder received during the shorter
of the three preceding taxable years or such holder&#8217;s holding period for the common shares or ADSs will be treated as an excess
distribution. Under these special tax rules:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">the excess distribution or gain will be allocated ratably over such holder&#8217;s holding period for
the common shares or ADSs;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">amounts allocated to the current taxable year and any taxable years in such holder&#8217;s holding period
prior to the first taxable year in which we are classified as a PFIC (a &#8220;pre-PFIC year&#8221;) will be taxable as ordinary income;
and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">amounts allocated to each prior taxable year, other than the current taxable year or a pre-PFIC year,
will be subject to tax at the highest tax rate in effect applicable to such holder for that year, and such amounts will be increased by
an additional tax equal to interest on the resulting tax deemed deferred with respect to such years.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If we are a PFIC for any
taxable year during which a U.S. Holder holds our common shares or ADSs and any of our non-U.S. subsidiaries are also PFICs, such holder
will be treated as owning a proportionate amount (by value) of the shares of each such
non-U.S. subsidiary classified as a PFIC for purposes of the application of these rules.</p>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The determination as to whether
or not we are a PFIC is a factual determination made at the close of the applicable tax year. Based on our income, assets and activities
and the value of our ADSs, we do not believe that we were a PFIC for our taxable year ending December 31, 2022 and we do not expect to
be classified as a PFIC in the foreseeable future. Although we do not anticipate becoming a PFIC, changes in the nature of our income
or assets, or fluctuations in the market price of our ADSs, may cause us to become a PFIC for future taxable years.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If we are classified as a
PFIC, certain elections may be available to mitigate the adverse U.S. federal income tax considerations of owning stock in a PFIC. In
particular, a U.S. Holder may elect mark-to-market treatment for its common shares or ADSs, provided those common shares or ADSs constitute
&#8220;marketable stock&#8221; as defined in the Regulations. Our ADSs are listed on the NYSE, which is a qualified exchange for these
purposes, and, consequently, assuming that the ADSs are regularly traded, it is expected that the market-to-market election would be available
to U.S. Holders of ADSs if we are or become a PFIC. A mark-to-market election is not available with respect to our common shares, however,
because our common shares are not marketable stock.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">If we are classified as a
PFIC, a U.S. Holder must file an annual report with the Service. U.S. Holders should consult their tax advisors concerning the U.S. federal
income tax considerations of acquiring, owning and disposing of our common shares or ADSs if we are or become a PFIC, including the availability
and advisability of making certain elections and the annual PFIC filing requirements, if any.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0 0.5in; text-align: justify">Foreign Asset Reporting</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Individual and certain other
noncorporate U.S. Holders may be required to submit to the Service certain information with respect to their beneficial ownership of the
common shares or ADSs, if such common shares or ADSs are not held on their behalf by a financial institution. This legislation also imposes
penalties if a U S Holder is required to submit such information to the Service and fails to do so. U.S. Holders should consult their
tax advisors regarding any foreign asset reporting requirements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">THE PRECEDING DISCUSSION
OF U.S. FEDERAL INCOME TAX CONSIDERATIONS IS FOR GENERAL INFORMATION ONLY AND IS NOT TAX ADVICE. ACCORDINGLY, EACH INVESTOR SHOULD CONSULT
ITS TAX ADVISOR AS TO THE PARTICULAR TAX CONSIDERATIONS OF THE ACQUISITION OWNERSHIP AND DISPOSITION OF OUR COMMON SHARES OR ADSs, INCLUDING
THE APPLICABILITY AND EFFECT OF ANY STATE, LOCAL, FOREIGN OR OTHER TAX LAWS AND OF ANY PROPOSED CHANGES IN APPLICABLE LAW.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">F.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Dividends
and Paying Agents</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">G.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Statement
by Experts</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">H.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Where
You Can Find More Information (Documents on Display)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are subject to the informational
reporting requirements of the Exchange Act, and file with or furnish to the SEC, as applicable, the following documents that apply to
foreign private issuers:</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">annual reports on Form 20-F;</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">certain other reports on Form 6-K containing the information that we make public under Brazilian law,
file with the Brazilian stock exchanges or distribute to shareholders; and</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0.5in"></td><td style="width: 0.25in"><span style="font-family: Symbol">&#183;</span></td><td style="text-align: justify">other information.</td></tr></table>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">You may read and copy any
reports or other information that we file at the SEC&#8217;s public reference rooms at 100 F Street, NE, Washington, D.C. 20549. You may
obtain information on the operation of the SEC&#8217;s public reference rooms by calling the SEC at 1-800-SEC-0330. Electronic filings
made through the Electronic Data Gathering, Analysis and Retrieval System are also publicly available through the SEC&#8217;s website
on the Internet at www.sec.gov.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As a foreign private issuer,
we are exempt from the rules under the Exchange Act prescribing the furnishing and content of proxy statements and will not be required
to file proxy statements with the SEC, and its officers, directors and principal shareholders will be exempt from the reporting and &#8220;short
swing&#8221; profit recovery provisions contained in Section 16 of the Exchange Act.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">You may obtain documents
from us by requesting them in writing, at the following addresses or by telephone: </p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 47%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 53%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><b>Ambev S.A.</b></td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Attention:</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Investor Relations Department</td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Telephone numbers:</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">(55-11) 2122-1415</td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">(55-11) 2122-1414</td></tr>
  <tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Email:</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">ri@ambev.com.br</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">You may obtain additional
information about us on our website at http://ri.ambev.com.br/. The information contained therein is not part of this annual report.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">I.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subsidiary
Information</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>


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    <!-- Field: /Page -->

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<td style="width: 0"></td><td style="width: 1in"><span id="a_019"></span>ITEM 11.</td><td>QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our activities expose us
to various market risks, including changes in foreign currency exchange rates and interest rates and changes in the prices of certain
commodities, including malt, aluminum, sugar and corn. Market risk is the potential loss arising from adverse changes in market rates
and prices. We enter into derivatives and other financial instruments, in order to manage and reduce the impact of fluctuations in commodity
prices, in foreign currency exchange rates and in interest rates. We have established policies and procedures for risk assessment and
the approval, reporting and monitoring of derivative financial activities. Decisions regarding hedging are made according to our risk
management policy, taking into consideration the amount and duration of the exposure, market volatility and economic trends.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">These instruments are accounted
for based on their characteristics. See Notes 3 and 28 to our audited consolidated financial statements for a discussion of the accounting
policies and information on derivative financial instruments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In order to minimize the
credit risk of its investments, we have cash allocation and investment policies, taking into consideration financial institution credit
limits and ratings, not allowing credit concentration. Thus, the credit risk is monitored and minimized because the negotiations are carried
out only with a select group of highly qualified counterparties. The definition of financial institutions authorized to operate as a counterparty
for us is described in our policy, which establishes maximum exposure limits for each counterparty based on each counterparty&#8217;s
risk rating and capitalization.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Enterprise Risk Management
(ERM)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have implemented a management
strategy to promote enterprise-wide risk management (ERM), through an integrated framework that considers the impact on our business of
not only market risks but also of compliance, strategic and operational risks. We believe that such integrated framework, which accounts
for different kinds of business risks, enables us to improve management&#8217;s ability to evaluate risks associated with our business.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The risk management department
is responsible for reviewing and following up with management the risk factors and related mitigating initiatives consistent with our
corporate strategy. Market risks, such as exposure in foreign currency, interest rates, commodity prices, liquidity and credit risk arise
during the normal course of our business. We analyze each of these risks both individually and on an interconnected basis, defining strategies
for managing the economic impact on its performance in line with our financial risk management policy.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Commodity Risk</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We use a large volume of
agricultural goods to produce our products, including malt and hops for our beer and sugar, <i>guaran&#225;</i>, other fruits and sweeteners
for our CSDs. See &#8220;Item 4. Information on the Company&#8212;B. Business Overview&#8212;Sources and Availability of Raw Materials.&#8221;
We purchase a significant portion of our malt and all of our hops outside of Brazil. We purchase the remainder of our malt and our sugar,
<i>guaran&#225; </i>and other fruits and sweeteners locally. Ambev also purchases substantial quantities of aluminum cans.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We produce approximately
75% of our consolidated malt needs and approximately 2% of our <i>guaran&#225;</i> requirement. The remainder and all other commodities are purchased from third parties. We believe
that adequate supplies of the commodities we use are available at the present time, but we cannot predict the future availability of these
commodities or the prices we will have to pay for such commodities. The commodity markets have experienced and will continue to experience
price fluctuations. We believe that the future price and supply of agricultural materials will be determined by, among other factors,
the level of crop production, weather conditions, export demand, and government regulations and legislation affecting agriculture, and
that the price of aluminum and sugar will be largely influenced by international market prices. See &#8220;Item 4. Information on the
Company&#8212;B. Business Overview&#8212;Sources and Availability of Raw Materials.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 162.4pt">&#160;</p>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">All of the hops we purchase
in the international markets outside of South America are paid for in U.S. dollars. In addition, although we purchase aluminum cans and
sugar in Brazil, their prices are directly influenced by the fluctuation of international commodity prices.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022,
our derivative activities consisted of sugar, wheat, aluminum, corn and resin derivatives. The table below provides information about
our significant commodity risk sensitive instruments as of December 31, 2022. The contract terms of these instruments have been categorized
by expected maturity dates and are measured at market prices.</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td colspan="8" style="border-top: Black 1pt solid; border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Maturity Schedule of Commodities Derivatives as of December 31, 2022</span></b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; white-space: nowrap; width: 23%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Derivatives Instruments</span></b></span></td>
    <td style="width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">2023</span></b></span></td>
    <td style="width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">2024</span></b></span></td>
    <td style="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">2025</span></b></span></td>
    <td style="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">2026</span></b></span></td>
    <td style="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">2027</span></b></span></td>
    <td style="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Thereafter</span></b></span></td>
    <td style="white-space: nowrap; width: 8%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Total</span></b></span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b><span style="text-decoration: underline">Fair Value</span></b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td colspan="8" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 9pt"><b>(in R$ million, except price per ton/gallon/barrel/gigajoule)</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt"><b>Sugar Derivatives:</b></span></td>
    <td colspan="8" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">350.0</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">95.2</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">445.2</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">22.5</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Average Price (R$/ton) </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">2,006.5</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">2,027.6</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">2,011.0</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt"><b>Wheat Derivatives:</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">160.9</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">160.9</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">(26.4)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Average Price (R$/ton) </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">1,788.4</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">1,788.4</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt"><b>Aluminum Derivatives:</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">3,102.9</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">3,102.9</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">(162.1</span>)</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Average Price (R$/ton) </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">12,444.5</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">12,444.5</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt"><b>Corn Derivatives:</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">627.6</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">627.6</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">(19.9</span>)</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Average Price (R$/ton) </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">103.4</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">103.4</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt"><b>Resin Derivatives:</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">473.3</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">473.3</span></td>
    <td style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">(89.4</span>)</td></tr>
  <tr style="background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: left"><span style="font-size: 8pt">Average Price (R$/ton) </span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">6,216.7</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><span style="font-size: 8pt">6,216.7</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt">&#160;</td></tr>
  </table>
<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Interest Rate Risk</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are exposed to interest
rate volatility with respect to our cash and cash equivalents, current investment securities and fixed and floating rate debt. Our U.S.
dollar-denominated cash equivalents generally bear interest at a floating rate. We are exposed to interest rate volatility with regard
to existing issuances of fixed rate debt, existing issuances of floating rate debt, currency future and forward swaps agreements, cash
and cash equivalents and current investment securities. We manage our debt portfolio in response to changes in interest rates and foreign
currency rates by periodically retiring, redeeming and repurchasing debt and using derivative financial instruments.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The table below provides
information about our significant interest rate sensitive instruments. For variable interest rate debt, the rate presented is the weighted
average rate calculated as of December 31, 2022. The contract terms of these instruments have been categorized by expected maturity dates:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td colspan="11" style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Maturity Schedule
    of Debt Portfolio as of December 31, 2022</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Debt Instrument</b></p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2023</b></p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2024</b></p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2025</b></p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2026</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2027</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Thereafter</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Total</b></p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-right: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td colspan="11" style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b><i>(in R$ million, except percentages)</i></b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>International Debt:</b></span></td>
    <td colspan="11" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Other Latin America Currency Floating Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p>
    <p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Other Latin America Currency <br />
Fixed Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">98.8</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">217.5</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">29.0</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">26.7</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">49.3</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">421.3</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">10.39%</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">10.39%</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">10.39%</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">10.39%</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">10.39%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">US$ Fixed Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">6.2</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">6.2</span></td></tr>
  <tr style="background-color: White">
    <td style="width: 33%">&#160;</td>
    <td style="width: 9%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 9%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 9%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 8%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 8%">&#160;</td>
    <td style="width: 11%">&#160;</td>
    <td style="width: 9%">&#160;</td></tr>
  </table>

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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="background-color: rgb(204,238,255)">
    <td style="border: Black 1pt solid; vertical-align: bottom; width: 35%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">14.00%</span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">US$ Floating Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">CAD Fixed Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">123.3</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">117.1</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">108.7</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">117.5</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">44.4</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">511.0</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.32%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.32%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.32%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.32%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.32%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">CAD Floating Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b><i>Reais</i> Denominated Debt Floating Rate &#8211; CDI &amp; DI:</b></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">12.3</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">13.4</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">14.7</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">16.1</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">17.6</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">63.3</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">137.3</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">9.61%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">9.61%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">9.61%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">9.61%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">9.61%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">9.61%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Reais Debt - ICMS Fixed Rate:</b></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">144.4</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">126.5</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">132.7</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">66.5</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2.4</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">472.5</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">3.72%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">3.72%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">3.72%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">3.72%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">3.72%</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b><i>Reais</i> Debt - Fixed Rate:</b></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">562.0&#160;&#160;&#160;&#160;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">537.3&#160;&#160;&#160;&#160;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">390.5&#160;&#160;&#160;&#160;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">277.4&#160;&#160;&#160;&#160;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">418.3&#160;&#160;&#160;&#160;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2,185.5</span></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">9.53%</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">9.53%</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">9.53%</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">9.53%</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">9.53%</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b><i>Reais</i> Debt - Fixed Rate (BNDES &amp; Finep):</b></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Notional Amount&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">35.7</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">1.2</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">36.8</p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt">Average Pay Rate&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">3.70%</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">3.70%</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">-</p></td></tr>
  <tr style="background-color: White">
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Total Debt</b>&#9;</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>982.6</b></span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>1,013.1</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>675.6</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>504.2</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>532.0</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 2.25pt double; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>63.3</b></p></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>3,770.7</b></span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Part of the floating rate
debt accrues interest at TJLP. During the period set forth below the TJLP was:</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; width: 73%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&#160;</td>
    <td style="border-top: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2022</b></p></td>
    <td style="border-top: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2021</b></p></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>2020</b></p></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">4th Quarter&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">7.20</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">5.32</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">4.55</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">3rd Quarter&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">7.01</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">4.88</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">4.91</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">2nd Quarter&#9;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6.82</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">4.61</td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">4.94</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">1st Quarter&#9;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">6.08</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">4.39</td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">5.09</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have not experienced,
and do not expect to experience, difficulties in obtaining financing or refinancing existing debt.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Foreign Exchange Risk</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We are exposed to fluctuations
in foreign exchange rate movements because a significant portion of our operating expenses, in particular those related to hops, malt,
sugar, aluminum and corn, are also denominated in or linked to the U.S. dollar. We enter into derivative financial instruments to manage
and reduce the impact of changes in foreign currency exchange rates in respect of our U.S. dollar-denominated debt. From January 1, 2016,
until December 31, 2022, the U.S. dollar appreciated 60.1% against the <i>real</i>, and, as of December 31, 2022, the commercial market
rate for purchasing U.S. dollars was R$ 5.22 per US$1.00. In 2020 and 2021, the U.S. dollar appreciated 28.9%, 7.4% respectively and in
2022 depreciated 6.5% against the <i>real</i>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our foreign currency exposure
gives rise to market risks associated with exchange rate movements, mainly against the U.S. dollar. Foreign currency-denominated liabilities
at December 31, 2022, included debt of R$938.5 million.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As of December 31, 2022,
derivative activities consisted of foreign currency forward contracts, foreign currency swaps and future contracts. The table below provides
information about our significant foreign exchange rate risk sensitive instruments as of December 31, 2022. The contract terms of these
instruments have been categorized by expected maturity dates.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td colspan="14" style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Maturity Schedule
    of Foreign Exchange Derivatives as of December&#160;31, 2022</b></p></td>
    <td colspan="3" style="text-align: justify">&#160;</td></tr>
  <tr>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>Derivatives Instruments(1)</b></span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>2024</b></span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>2025</b></span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>2026</b></span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>2027</b></span></td>
    <td colspan="3" style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>Thereafter</b></span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>Total</b></span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>Fair Value</b></span></td>
    <td colspan="2" style="text-align: justify">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="17" style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt"><b>(in R$ million, except percentages)</b></span></td></tr>
  <tr>
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 8pt"><b>BM&amp;F Dollar Futures:</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="border-right: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2,626.97</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">2,626.97 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">21.22 </span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.41</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.41 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>FDF C$ x US$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">1,410.43</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">1,410.43 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">57.21 </span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.00</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.00 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>FDF C$ x EUR:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">32.20</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">32.20 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">1.91 </span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.30</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.30 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>NDF ARS x US$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">1,259.43</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">1,259.43 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">(29.74</span>)</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.18</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.18 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>NDF CLP x US$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">745.52 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">745.52 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">(35.56</span>)</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.56 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.56 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>NDF UYU x US$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">206.72 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">206.72 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">(15.44)</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.87 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.87 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>NDF BOB x US$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">424.25 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">424.25 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">(15.41)</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.62 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.62</span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>NDF PYG x US$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">708.74 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">708.74 </span></td>
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    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
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    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.23 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>NDF MXN x US$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">95.48 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">95.48 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">6.10 </span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">0.24 </span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">0.24 </span></td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><span style="font-size: 8pt"><b>NDF US$ x R$:</b></span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td colspan="4" style="border-right: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; text-indent: 8pt"><span style="font-size: 8pt">Notional Amount </span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">41,02</span></td>
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    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left; text-indent: 8pt"><span style="font-size: 8pt">Average Unit Price </span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">0.25 </span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">-</span></td>
    <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 8pt">5.54</span></td>
    <td colspan="4" style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="width: 28%">&#160;</td>
    <td style="width: 7%">&#160;</td>
    <td style="width: 5%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 5%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 13%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 11%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 3%">&#160;</td>
    <td style="width: 10%">&#160;</td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 1%">&#160;</td></tr>
  </table>
<!-- Field: Rule-Page --><div style="margin: 1pt 5in 1pt 0in"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(1)</td><td style="text-align: left">Negative notional amounts represent an excess of liabilities over assets at any given moment.</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_020"></span>ITEM 12.</td><td>DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Debt
Securities</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Warrants
and Rights</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Other
Securities</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">D.&#160;&#160;&#160;&#160;&#160;&#160;&#160;American
Depositary Shares</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Bank of New York Mellon,
or the Depositary, is the depositary of the Ambev shares in accordance with the Deposit Agreement, dated July 9, 2013, entered into among
Ambev, The Bank of New York Mellon, as depositary, and all owners from time to time of ADSs of Ambev, or the Depositary Agreement. A copy
of this Depositary Agreement is filed as an exhibit to this annual report on Form 20&#8722;F.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Depositary collects its
fees for delivery and surrender of ADSs directly from investors depositing shares or surrendering ADSs for the purpose of withdrawal or
from intermediaries acting for them. The Depositary collects fees for making distributions to investors by deducting those fees from the
amounts distributed or by selling a portion of distributable property to pay the fees. The Depositary may collect its annual fee for depositary
services by deduction from cash distributions or by directly billing investors or by charging the book-entry system accounts of participants
acting for them. The Depositary may collect any of its fees by deduction from any cash distribution payable to ADS holders that are obligated
to pay those fees. The Depositary may generally refuse to provide fee-attracting services until its fees for those services are paid.
Pursuant to the Depositary Agreement, holders of our ADSs may have to pay to The Bank of New York Mellon, either directly or indirectly,
fees or charges up to the amounts set forth in the table below.</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1pt solid; width: 47%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>Persons depositing or withdrawing shares or ADS holders must pay:</b></td>
    <td style="border-bottom: Black 1pt solid; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>&#160;</b></td>
    <td style="border-bottom: Black 1pt solid; width: 46%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><b>For:</b></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">US$5.00 (or less) per 100 ADSs (or portion of 100 ADSs)</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">issuance of ADSs, including issuances resulting from
    a distribution of shares, rights or other property; and</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&#160;</p></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">cancellation of ADSs for the purpose of withdrawal, including if the deposit agreement terminates.</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">US$0.02 (or less) per ADS</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">any cash distribution to ADS holders.</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">A fee equivalent to the fee that would be payable if securities distributed to you had been shares and the shares had been deposited for issuance of ADSs</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">distribution of securities distributed to holders of deposited securities which are distributed by the Depositary to ADS holders.</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">US$0.02 (or less) per ADSs per calendar year</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">depositary services.</td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Registration or transfer fees</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">transfer and registration of shares on Ambev&#8217;s share registry to or from the name of the Depositary or its agent when you deposit or withdraw shares.</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Expenses of the Depositary</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">cable, telex and facsimile transmissions (when expressly
    provided in the deposit agreement); and</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&#160;</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">converting foreign currency to U.S. dollars.</p></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Taxes and other governmental charges the Depositary or the Custodian may have to pay on any ADS or share underlying an ADS, for example, stock transfer taxes or stamp duty (which currently are inapplicable in Brazil) or withholding taxes</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">as necessary.</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">Any charges incurred by the Depositary or its agents for servicing the deposited securities</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">as necessary.</td></tr>
  </table>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">In performing its duties
under the Deposit Agreement, the Depositary may use brokers, dealers or other service providers that are affiliates of the Depositary
and that may earn or share fees or commissions.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Subject to certain terms
and conditions, the Depositary has agreed to reimburse us for certain expenses it incurs that are related to establishment and maintenance
expenses of the ADS program, including the standard out-of-pocket maintenance costs for the ADRs, which consist of the expenses of postage
and envelopes for mailing annual and interim financial reports, printing and distributing dividend checks, electronic filing of U.S. federal
tax information, mailing required tax forms, stationery, postage, facsimile, and telephone calls. There are limits on the amount of expenses
for which the Depositary will reimburse us, but the amount of reimbursement available to us is not necessarily tied to the amount of fees
the depositary collects from investors.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Depositary has made payments
to us in the amount of US$ 1,416,241.59 during 2022. These amounts were used for general corporate purposes such as the payment of costs
and expenses associated with (1) the preparation and distribution of proxy materials, (2) the preparation and distribution of marketing
materials and (3) consulting and other services related to investor relations.</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><span id="a_036"></span>PART II</p>

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_021"></span>ITEM 13.</td><td>DEFAULT, DIVIDENDS ARREARAGES AND DELINQUENCIES</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
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<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt">
<tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_022"></span>ITEM 14.</td><td> MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</td></tr>
</table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 42.55pt; text-transform: uppercase; text-indent: -42.55pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>


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<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_023"></span>ITEM 15.</td><td>CONTROLS AND PROCEDURES</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Disclosure
Controls and Procedures</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Company has carried out
an evaluation, as of December 31, 2022, of the effectiveness of the design and operation of the Company&#8217;s disclosure controls and
procedures under the supervision and with the participation of the Company&#8217;s management, which is responsible for the management
of the internal controls, including the Chief Executive Officer and Chief Financial Officer. While there are inherent limitations to the
effectiveness of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding
of the controls and procedures, the Company&#8217;s disclosure controls and procedures are designed to provide reasonable assurance of
achieving their objectives. Based upon the Company&#8217;s evaluation, as of December 31, 2022, the Chief Executive Officer and Chief
Financial Officer of the Company have concluded that the disclosure controls and procedures are (1) effective at the reasonable assurance
level in ensuring that information required to be disclosed in the reports that are filed or submitted under the Exchange Act, is recorded,
processed, summarized and reported within the time periods specified in the Commissions&#8217; rules and forms and (2) effective at the
reasonable assurance level in ensuring that information to be disclosed in the reports that are filed or submitted under the Exchange
Act is accumulated and communicated to the management of the Company, including the Chief Executive Officer and the Chief Financial Officer,
to allow timely decisions regarding required disclosure.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Management&#8217;s
Annual Report on Internal Control over Financial Reporting <span style="color: windowtext"></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our management is responsible
for establishing and maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal
control over financial reporting.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Internal control over financial
reporting is defined in rules 13a-15(f) and 15d-15(f) under the Exchange Act as a process designed to provide reasonable assurance regarding
the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally
accepted accounting principles, and includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and dispositions of the assets of the Company; (2) provide reasonable assurance
that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting
principles, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and
directors of the Company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use,
or disposition of the Company&#8217;s assets that could have a material effect on the audited consolidated financial statements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Because of its inherent limitations,
internal control over financial reporting may not prevent or detect material misstatements. Therefore, effective control over financial
reporting cannot, and does not, provide absolute assurance of achieving our control objectives. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that
the degree of compliance with the policies or procedures may deteriorate. The effectiveness of our internal control over financial reporting
as of December 31, 2022, is based on the criteria established in Internal Control - Integrated Framework (2013) issued by the Committee
of Sponsoring Organizations (COSO) of the Treadway Commission. Based on those criteria, management has concluded that as of December 31,
2022, the Company&#8217;s internal control over financial reporting is effective.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Attestation
Report of the Registered Public Accounting Firm </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The effectiveness of our
internal control over financial reporting as of December 31, 2022, has been audited by PricewaterhouseCoopers Auditores Independentes
Ltda., the Company&#8217;s independent registered public accounting firm. Their integrated report, is included in our audited consolidated
financial statements included in this Form 20-F.</p>

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    <!-- Field: /Page -->

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">D.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Changes
in Internal Control over Financial Reporting </p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">There have been no changes
in our internal control over financial reporting that occurred during the period covered by this annual report that has materially affected,
or is reasonably likely to materially affect, our internal control over financial reporting.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0 10pt 56.7pt; text-align: justify; text-indent: -56.7pt"><span style="text-transform: uppercase"><b>ITEM
15T. CONTROLS AND PROCEDURES</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not applicable.</p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-transform: uppercase; text-indent: 0in"><span id="a_024"></span>ITEM 16A.&#9;&#9;
AUDIT COMMITTEE FINANCIAL EXPERT</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have relied on the exemption
provided for under Rule 10A-3(c)(3) of the Exchange Act, pursuant to Section 301 of the Sarbanes-Oxley Act of 2002, which enables us to
have the Fiscal Council perform the duties of an audit committee for the purposes of such Act, to the extent permitted by Brazilian law.
In accordance with the charter of our Fiscal Council, at least one of its members has to fulfill the requirements of the Sarbanes-Oxley
Act of 2002 for the purposes of qualifying as an audit committee financial expert. Accordingly, our Fiscal Council is comprised of one
&#8220;audit committee financial expert&#8221; within the meaning of this Item 16A, namely Jos&#233; Ronaldo Vilela Rezende, who has
an extensive work-related finance background and who is &#8220;independent&#8221; as set forth in Rule 10A-3(c)(3) of the Sarbanes-Oxley
Act of 2002.</p>


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<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_025"></span>ITEM 16B.</td><td>CODE OF BUSINESS CONDUCT</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have adopted a Code of
Business Conduct (as defined under the rules and regulations of the SEC) that applies to our principal executive officer, principal financial
officer and principal accounting officer, among others. Our Code of Business Conduct has been incorporated by reference to this annual
report and was approved by our Board of Directors on August 30, 2013 and amended on May 16, 2017 and on December 21, 2020 (though Old
Ambev already had a Board-approved Code of Business Conduct since 2003). If the provisions of the code that apply to our principal executive
officer, principal financial officer or principal accounting officer are amended, or if a waiver is granted, we will disclose such amendment
or waiver.</p>


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<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_026"></span>ITEM 16C.</td><td>PRINCIPAL ACCOUNTANT FEES AND SERVICES</td></tr></table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Auditor Fees</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">PricewaterhouseCoopers Auditores Independentes Ltda., or PwC, acted as
our independent auditor for the fiscal years ended December 31, 2022 and 2021. The table below sets forth the total amount we were billed
by PwC in 2022 and 2021 for services performed in those years, and breaks down the amount by category of service: </p>

<table cellspacing="0" cellpadding="0" style="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="vertical-align: bottom; width: 68%; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; text-align: left; line-height: 115%"><span style="font-size: 9pt">&#160;</span></td>
    <td style="vertical-align: top; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-size: 9pt"><b>Year
    Ended December 31, 2022</b></span></p></td>
    <td style="vertical-align: bottom; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><span style="font-size: 9pt"><b>Year
    Ended December 31, 2021</b></span></p></td>
    </tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">&#160;</span></td>
    <td colspan="2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt"><b><i>(in
    R$ thousand)</i></b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">Audit
    fees&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">12,136</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">9,211</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">Audit-related
    fees&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">2,275</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">-</span></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">Tax
    fees&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">-</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><span style="font-size: 9pt">-</span></td>
    </tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">All
    other fees&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><span style="font-size: 9pt">128</span></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: right"><span style="font-size: 9pt">165</span></p></td>
    </tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt"><b>Total</b>&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 2.25pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><span style="font-size: 9pt">14,539</span></p></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><p style="border-bottom: Black 2.25pt double; font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><span style="font-size: 9pt">9,376</span></p></td>
    </tr>
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<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Audit Fees</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Audit fees are fees billed
for the audit of our consolidated financial statements and for the reviews of our quarterly financial statements in connection with statutory
and regulatory filings or engagements (including audit of our subsidiaries for consolidated purpose).</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Audit-Related
Fees</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Audit-related fees consisted
of fees billed for assurance and related services that were reasonably related to the performance of the audit or review of our financial
statements or that were traditionally performed by the external auditor.</p>

<p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">All Other Fees</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">All other services consist
primarily of fees billed for certain compliance reports to be filed with local regulators and certain comfort letters issued in connection
with the issuance of debt.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Independent Registered
Public Accounting Firm</p>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our audited consolidated financial statements as of and for the years ended
December 31, 2022, 2021 and 2020 have been audited by PricewaterhouseCoopers Auditores Independentes Ltda., S&#227;o Paulo, Brazil,
independent registered public accounting firm. The office of PricewaterhouseCoopers Auditores Independentes Ltda. is located at Avenida
Brigadeiro Faria Lima, 3732, S&#227;o Paulo, Brazil. It is a member of the S&#227;o Paulo State Regional Board of Accountants (<i>Conselho
Regional de Contabilidade</i>) and the Public Company Accounting Oversight Board (PCAOB) and its registration numbers are SP 2SP0001/O-5
and <span id="xdx_909_edei--AuditorFirmId_c20220101__20221231_z7ncGpC72w5b" title="Auditor Firm Id"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:AuditorFirmId">1351</ix:nonNumeric></span>, respectively.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Pre-Approval Policies
and Procedures</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">We have adopted pre-approval
policies and procedures under which all audit and non-audit services provided by contracted external auditors must be pre-cleared by the
Fiscal Council, which performs the duties of an audit committee for the purposes of the Sarbanes-Oxley Act of 2002, in accordance with
Rule 10A-3(c)(3). The Fiscal Council adopts a list of services and amount limits for contracting for each external auditor under terms
included in a &#8220;basic list,&#8221; which is in turn approved by the Board of Directors. Any services provided from such list are
deemed &#8220;pre-approved&#8221; for purposes of the Sarbanes-Oxley Act of 2002. The Fiscal Council periodically receive from our
chief financial officer a summary report on the progress of the pre-approved services rendered and the corresponding fees duly authorized.
Any services which are not included in such require a prior favorable opinion of our Fiscal Council. Our policy also contains a list of
services which cannot be rendered by our external auditors.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_027"></span>ITEM 16D.</td><td>EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">NYSE corporate governance
standards require that a listed company have an audit committee composed of three independent members that satisfy the independence requirements
of Rule 10A-3 under the Exchange Act, with a written charter that addresses certain duties.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The Fiscal Council is a permanent
body which operates independently from our management and from our registered independent public accounting firm. Its principal function
is to examine the financial statements of each fiscal year and provide a formal report to our shareholders. We are relying on the exemption
provided for in Rule 10A-3(c)(3) and believe that our reliance on this exemption will not materially affect the ability of the Fiscal
Council to act independently and to satisfy the other requirements of Rule 10A-3. In accordance with the charter of our Fiscal Council,
at least one of its members has to fulfill the requirements of the Sarbanes-Oxley Act of 2002 for the purposes of qualifying as an audit
committee financial expert. Accordingly, our Fiscal Council has designated one financial expert, namely Jos&#233; Ronaldo Vilela Rezende.</p>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_028"></span>ITEM 16E.</td><td>PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">As disclosed under &#8220;Major
Shareholders&#8212;Control,&#8221; we have purchased a number of our shares during the period covered by this annual report.</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Ambev S.A. Share Repurchases</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Set forth below, in tabular
format, is some disclosure on the repurchases of Ambev S.A. shares for the periods indicated. Shares not purchased under publicly announced
programs include those purchased from employees when no publicly announced program was in place and those bought from employees who were
dismissed, in both cases, pursuant to the terms and conditions of our stock ownership plan.&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="border-top: Black 1pt solid; border-left: Black 1pt solid; width: 32%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Month</b></p></td>
    <td style="border-top: Black 1pt solid; text-align: center; width: 17%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Total Number of
    Shares Purchased</b></p></td>
    <td style="border-top: Black 1pt solid; text-align: center; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Average Price Paid
    per Share</b></p></td>
    <td style="border-top: Black 1pt solid; text-align: center; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Total Number of
    Shares Purchased as Part of Publicly Announced Plans or Programs(1)</b></p></td>
    <td style="border-top: Black 1pt solid; border-right: Black 1pt solid; text-align: center; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="border-bottom: Black 0.5pt solid; font: 9pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>Maximum Number of
    Shares that May Be Purchased Under Publicly Announced Plans or Programs</b></p></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">March-2023&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">February-2023&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">January-2023&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">December-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">7,526</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">14.52</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">November-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">October-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">September-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">40,000</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">15.48</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">August-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">July-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">June-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">May-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">39,700</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">13.73</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">April-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">10,395</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">15.07</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">March-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">February-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">516,590</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">14.84</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">January-2022&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">8,309</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">15.01</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">December-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">November-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">1,812,181</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">16.72</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">October-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">84,982</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">16.81</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">September-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">5,480</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">15.30</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">August-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">July-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">June-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">1,673,389</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">19.32</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">May-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">384,904</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">16.96</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">April-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">5,474</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">15.62</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">March-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">2,515,780</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">15.47</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">February-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">January-2021&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">6,981</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">16.02</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">December-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">171,479</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">14.89</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">November-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">1,480,465</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">14.97</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">October-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">3,141</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">13.34</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">September-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">23,094</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">13.16</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">August-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">July-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">June-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">9,864</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">13.57</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">May-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: White">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">April-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">0.00</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">March-2020&#9;</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">256,086</span></td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">13.17</span></td>
    <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">February-2020&#9;</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">1,375</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">14.54</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="border-bottom: Black 1pt solid; border-left: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><span style="font-size: 9pt">January-2020&#9;</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">992,029</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">18.99</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td>
    <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-size: 9pt">Not Specified</span></td></tr>
  </table>

<!-- Field: Rule-Page --><div style="margin: 1pt 5in 1pt 0in"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<table cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.25in">(1)</td><td style="text-align: left">May differ from total number of shares purchased as they do not include all shares acquired from employees
under the stock ownership program.</td></tr></table>


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    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; width: 100%; text-transform: uppercase; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span id="a_029"></span>ITEM 16F.</td><td>CHANGE IN REGISTRANT&#8217;S CERTIFYING ACCOUNTANT</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-transform: uppercase; text-indent: 35.45pt"><span style="font-weight: normal; text-transform: none">Not
Applicable.</span></p>

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    <div style="border-bottom: Black 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->171<!-- Field: /Sequence -->&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#TableOfContents" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

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<td style="width: 0"></td><td style="width: 1in"><span id="a_030"></span>ITEM 16G.</td><td>CORPORATE GOVERNANCE</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The principal differences
between the NYSE corporate governance standards and our corporate governance practices are referred to in &#8220;Item 6. Directors, Senior
Management and Employees&#8212;C. Board Practices&#8212;Differences Between the United States and Brazilian Corporate Governance Practices.&#8221;</p>


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<td style="width: 0"></td><td style="width: 1in"><span id="a_031"></span>ITEM 16H.</td><td>MINE SAFETY DISCLOSURE</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Not Applicable.</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

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<td style="width: 0"></td><td style="width: 56.7pt"><span id="a_032"></span>ITEM 16I.</td><td>DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in"><span style="font-weight: normal">Not
Applicable.</span></p>


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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center; text-indent: 0.5in"><span id="a_037"></span>PART III</p>

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<td style="width: 0"></td><td style="width: 1in"><span id="a_033"></span>ITEM 17.</td><td>FINANCIAL STATEMENTS</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">Our audited consolidated
financial statements, together with the audit report of the Independent Registered Public Accounting Firm thereon, are filed as part of
this annual report, starting on page F-1 hereto, following the signature pages.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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<td style="width: 0"></td><td style="width: 1in"><span id="a_034"></span>ITEM 18.</td><td>FINANCIAL STATEMENTS</td></tr></table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">See &#8220;Item 17.&#8212;Financial
Statements.&#8221;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>


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<td style="width: 0"></td><td style="width: 1in"><span id="a_035"></span>ITEM 19.</td><td>EXHIBITS</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in">1.1</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1565025/000129281422001980/abev20220429_6k.htm">Restated Bylaws of Ambev S.A. (English-language translation) (incorporated by reference to the report on Form 6-K furnished by Ambev on May 2, 2022).</a>https://www.sec.gov/Archives/edgar/data/1565025/000129281422001980/abev20220429_6k.htm</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in">2.1</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1565025/000119312513276352/d529201dex41.htm">Deposit Agreement among Ambev S.A., The Bank of New York Mellon, as Depositary, and all Owners and Holders from time to time of American Depositary Shares, representing Common Shares (incorporated by reference to Exhibit 4.1 to Form F-4 filed by Ambev on June 28, 2013).</a> https://www.sec.gov/Archives/edgar/data/1565025/000119312513276352/d529201dex41.htm</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in"><a href="ex2-2.htm">2.2</a></td><td style="text-align: justify"><a href="ex2-2.htm">Description of Securities Registered under Section 12 of the Exchange Act.</a></td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in">3.1</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1565025/000119312513276352/d529201dex92.htm">Shareholders&#8217; Agreement of Ambev S.A., dated April 16, 2013, effective as of July 2, 2019, among Funda&#231;&#227;o Antonio e Helena Zerrenner Institui&#231;&#227;o Nacional de Benefic&#234;ncia, Interbrew International B.V., AmBrew S.A. and Ambev S.A. (English-language translation) (incorporated by reference to Exhibit 9.2 to Form F-4 filed by Ambev on June 28, 2013).</a> https://www.sec.gov/Archives/edgar/data/1565025/000119312513276352/d529201dex92.htm</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in">3.2</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1140467/000119312516498533/d12366dex99236.htm">Voting Agreement between Stichting Anheuser-Busch InBev, Fonds Baillet Latour SPRL and Fonds Voorzitter Verhelst SPRL, effective November 1, 2015 (incorporated by reference to Exhibit 2.36 to Amendment No. 15 to Schedule 13D filed by former AB InBev on March 9, 2016).</a> https://www.sec.gov/Archives/edgar/data/1140467/000119312516498533/d12366dex99236.htm</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in">3.3</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1140467/000119312516545198/d168523dex99237.htm">Amended and restated New Shareholders&#8217; Agreement, dated April 11, 2016, among BRC S.&#224;.R.L., Eug&#233;nie Patri S&#233;bastian S.A., EPS Participations S.&#224;.R.L., Rayvax Soci&#233;t&#233; d&#8217;Investissements S.A. and Stichting Anheuser-Busch InBev (incorporated by reference to Exhibit 2.37 to Schedule 13D filed by former AB InBev on April 19, 2016).</a>
https://www.sec.gov/Archives/edgar/data/1140467/000119312516545198/d168523dex99237.htm</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in">3.4</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1301486/000119312516757125/d276200dex9924.htm">Voting and Support Agreement relating to Anheuser-Busch InBev SA/NV, dated October 8, 2016, among Stichting Anheuser-Busch InBev, Altria Group, Inc., BEVCO Ltd. and Anheuser-Busch InBev SA/NV (incorporated by reference to Exhibit 2.4 to Anheuser Busch InBev SA/NV&#8217;s Schedule 13D filed by BRC S.&#224;.R.L. on November 2, 2016).</a> https://www.sec.gov/Archives/edgar/data/1301486/000119312516757125/d276200dex9924.htm</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in"><a href="ex8-1.htm">8.1</a></td><td style="text-align: justify"><a href="ex8-1.htm">List of Material Subsidiaries of Ambev S.A.</a></td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in">11.1</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1565025/000129281420004846/ambevsa20201221_6k1.htm">Code of Business Conduct dated August 30, 2013 and amended on May 16, 2017 and on December 20, 2020 (English-language translation). (incorporated by reference to the report on Form 6-K furnished by Ambev on December 22, 2020).</a> https://sec.report/Document/0001292814-20-004846/ambevsa20201221_6k1.htm</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in">11.2</td><td style="text-align: justify"><a href="https://www.sec.gov/Archives/edgar/data/1565025/000129281421004013/ambevsa20211020_6k1.htm">Manual on Disclosure and Use of Information and Securities Trading Policies for Ambev S.A., dated March 1, 2013 and amended on August 27, 2014, on March 28, 2016, on May 15, 2019 and on October 13 and 14, 2021 (English-language translation).</a>
https://sec.report/Document/0001292814-21-004013/ambevsa20211020_6k1.htm</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in"><a href="ex12-1.htm">12.1</a></td><td style="text-align: justify"><a href="ex12-1.htm">Principal Executive Officer Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</a></td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in"><a href="ex12-2.htm">12.2</a></td><td style="text-align: justify"><a href="ex12-2.htm">Principal Financial Officer Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</a></td></tr></table>


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<td style="width: 0"></td><td style="width: 0.75in">101.INS</td><td style="text-align: justify">Inline XBRL Instance Document.</td></tr></table>

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<td style="width: 0"></td><td style="width: 0.75in">101.SCH</td><td style="text-align: justify">Inline XBRL Taxonomy Extension Schema.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in">101.CAL</td><td style="text-align: justify">Inline XBRL Taxonomy Extension Schema Calculation Linkbase.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in">101.DEF</td><td style="text-align: justify">Inline XBRL Taxonomy Extension Schema Definition Linkbase.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 0.75in">101.LAB</td><td style="text-align: justify">Inline XBRL Taxonomy Extension Schema Label Linkbase.</td></tr></table>

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  <td style="text-align: justify; width: 0.75in">104</td>
  <td style="text-align: justify">Cover page interactive data (embedded within the Inline XBRL document).</td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">The registrant hereby certifies
that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this
annual report on its behalf.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 20pt 0 0 3.5in; text-align: justify"><b>AMBEV S.A.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 20pt 0 0 3.5in; text-align: justify">By: <span style="text-decoration: underline">&#9;/s/ Jean Jereissati Neto&#9;</span><br />
Name:&#9;Jean Jereissati Neto<br />
Title:&#9;Chief Executive Officer</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 20pt 0 0 3.5in; text-align: justify">By: <span style="text-decoration: underline">&#9;/s/ Lucas Machado Lira&#9;</span><br />
Name:&#9;Lucas Machado Lira<br />
Title:&#9;Chief Financial Officer</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify">Date: March 17, 2023.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: center"><b>Ambev S.A. Report of independent registered public accounting
firm</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: center"><b>Report of independent registered public accounting firm</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: left">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: left">To the Shareholders and Board of Directors Ambev S.A.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: left"><b>&#160;</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: left"><b>Opinions on the financial statements and internal control
over financial reporting</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: left">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">We have audited the accompanying consolidated balance sheets
of Ambev S.A. and its subsidiaries (the &#34;Company&#34;) as of December 31, 2022 and 2021, and the related consolidated income statements,
statements of comprehensive income, of changes in equity and of cash flows for each of the three years in the period ended December 31,
2022, including the related notes (collectively referred to as the &#34;consolidated financial statements&#34;). We also have audited
the Company's internal control over financial reporting as of December 31, 2022 based on criteria established in Internal Control - Integrated
Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">In our opinion, the consolidated financial statements referred
to above present fairly, in all material respects, the financial position of the Company as of December 31, 2022 and 2021, and the results
of its operations and its cash flows for each of the three years in the period ended December 31, 2022 in conformity with International
Financial Reporting Standards as issued by the International Accounting Standards Board. Also in our opinion, the Company maintained,
in all material respects, effective internal control over financial reporting as of December 31, 2022, based on criteria established in
Internal Control - Integrated Framework (2013) issued by the COSO.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>Basis for opinions</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">The Company's management is responsible for these consolidated
financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness
of internal control over financial reporting, included in the accompanying Management's Annual Report on Internal Control over Financial
Reporting appearing under Part II, Item 15. Our responsibility is to express opinions on the Company's consolidated financial statements
and on the Company's internal control over financial reporting based on our audits. We are a public accounting firm registered with the
Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance
with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">We conducted our audits in accordance with the standards of
the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial
statements are free of material misstatement, whether due to error or fraud, and whether effective internal control over financial reporting
was maintained in all material respects.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">Our audits of the consolidated financial statements included
performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud,
and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts
and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant
estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">Our audit of internal control over financial reporting included
obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing
and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing
such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>Definition and limitations of internal control over financial
reporting</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">A company's internal control over financial reporting is a
process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting
includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the company; (ii) provide reasonable assurance that transactions are recorded
as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts
and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
(iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's
assets that could have a material effect on the financial statements.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are
subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies
or procedures may deteriorate.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>Critical audit matters</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">The critical audit matters communicated below are matters
arising from the current period audit of the consolidated financial statements that were communicated or required to be communicated to
the audit committee and that (i) relate to accounts or disclosures that are material to the consolidated financial statements and (ii)
involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any
way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matters
below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>Tax contingencies and uncertain tax treatments</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">As described in Note 30 to the consolidated financial statements,
the Company has disclosed contingencies and uncertain tax treatments related to tax litigations of R$ 29,198.1 million and R$ 60,453.5
million, respectively, as of December 31, 2022. The Company discloses contingencies and uncertain tax treatments related to tax litigations
in the consolidated financial statements when (i) the likelihood of loss of these lawsuits are classified as possible by management and
(ii) in case of income taxes pending litigations, management determines that it is probable that taxation authorities will accept the
uncertain tax treatment, and for which there are no provisions.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">The principal considerations for our determination that performing
procedures relating to tax contingencies and uncertain tax treatments are a critical audit matter are that there was significant judgment
by management when determining whether a reasonable estimate of the loss and possible outcomes for each claim can be made, which in turn
led to a high degree of auditor judgment, effort and subjectivity, including the use of professionals with specialized skill and knowledge,
in evaluating management's assessment of the losses associated with tax contingencies and uncertain tax treatments.&#8195;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">Addressing the matter involved performing procedures and evaluating
audit evidence in connection with forming our overall opinion on the consolidated financial statements. These procedures included testing
the effectiveness of controls relating to management's evaluation of tax contingencies and uncertain tax treatments, as well as financial
statement disclosures. These procedures also included among others, (1) obtaining and evaluating the letters of audit inquiry with external
legal counsel, (2) evaluating the reasonableness of management's assessment regarding tax contingencies and uncertain tax treatments outcomes,
and (3) evaluating the sufficiency of the Company's disclosures in the financial statements. Professionals with specialized skill and
knowledge were used to assist in the evaluation of Company's assessment regarding tax contingencies and uncertain tax treatments outcomes.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>PIS and COFINS Recovery - exclusion of ICMS (VAT tax) from
the basis of calculation</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><b></b></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">As described in Note 1(b) to the consolidated financial statements,
the Company recorded, in 2022, additional tax credit of R$ 1.2 billion resulting from the exclusion of circulation of goods and services
tax (Brazilian VAT - &#34;ICMS&#34;) from the tax calculation basis of the social integration program (&#34;PIS&#34;) and the contribution
to the financing of social security (&#34;COFINS&#34;), related to revenue transactions with subsidiaries, which reliable estimate became
possible only after the consolidation of the General Attorney&#8217;s Office (&#34;PGFN&#34;) understanding on the subject, with important
clarifications regarding the content and effects of the decision rendered by the Supreme Federal Court (&#34;STF&#34;), which declared
the unconstitutionality of the inclusion of the ICMS in the taxable base of PIS and COFINS in previous years, and the conclusion of management&#180;s
analysis, gathering of supporting documents and quantification of the tax credit.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">The principal consideration for our determination that performing
procedures relating to this tax credit recognition is a critical audit matter is that there was a significant judgment by management when
determining that the amount was estimated with sufficient reliability, by obtaining the respective documents and quantifying the related
amount. This in turn led to a high degree of auditor judgment, effort and subjectivity, including the use of professionals with specialized
skill and knowledge, in performing the procedures designed to evaluate the recognition of this tax credit.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">Addressing the matter involved performing procedures and evaluating
audit evidence in connection with forming our overall opinion on the consolidated financial statements. These procedures included testing
the effectiveness of controls relating to management's assessment, including controls over the recognition of this tax credit. These procedures
also included, among others, (1) evaluation of the completeness and accuracy of the calculation obtained by management (principal and
interest), (2) reading opinions provided by experts and legal advisors engaged by management, (3) evaluating the reasonableness of management's
calculation regarding the total ICMS to be excluded from the calculation basis of PIS and COFINS, (4) evaluating the appropriateness of
the Company's disclosures and (5) the involvement of professionals with specialized skill and knowledge to assist in the evaluation of
the Company's tax credit calculation.</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify"><span id="xdx_90A_edei--AuditorLocation_c20220101__20221231_zcGF3oYPQYGb" title="Auditor Location"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:AuditorLocation">S&#227;o Paulo</ix:nonNumeric></span>, March 15, 2023</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">/s/ <span id="xdx_900_edei--AuditorName_c20220101__20221231_zwPm4mXXl7h3" title="Auditor Name"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" name="dei:AuditorName">PricewaterhouseCoopers Auditores Independentes Ltda.</ix:nonNumeric></span></p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Georgia, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="margin: 0">We have served as the Company's auditor since 2019.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: bold 12pt/115% Cambria,serif; margin: 24pt 0 0; text-align: center"><span id="toc"></span>SUMMARY</p>



<table cellpadding="0" cellspacing="0" style="width: 100%">
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="width: 90%; text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><a href="#f_001">CONSOLIDATED INCOME STATEMENTS</a></td>
    <td style="width: 10%; text-align: right; padding-top: 0cm; padding-bottom: 5pt">3</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><a href="#f_002">CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</a></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">4</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><a href="#f_003">CONSOLIDATED BALANCE SHEETS</a></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">5</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><a href="#f_004">CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY</a></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">7</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><a href="#f_005">CONSOLIDATED STATEMENTS OF CASH FLOWS</a></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">10</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>1.</b>&#160;&#160;&#160;<b><a href="#f_006">CORPORATE INFORMATION</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">11</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>2.</b>&#160;&#160;&#160;<b><a href="#f_007">STATEMENT OF COMPLIANCE</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">15</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>3.</b>&#160;&#160;&#160;<b><a href="#f_008">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">15</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>4.</b>&#160;&#160;&#160;<b><a href="#f_009">USE OF ESTIMATES AND JUDGMENTS</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">39</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>5.</b>&#160;&#160;&#160;<b><a href="#f_010">SEGMENT REPORTING</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">42</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>6.</b>&#160;&#160;&#160;<b><a href="#f_011">NET SALES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">44</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>7.</b>&#160;&#160;&#160;<b><a href="#f_012">OTHER OPERATING INCOME/(EXPENSES)</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">45</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>8.</b>&#160;&#160;&#160;<b><a href="#f_013">EXCEPTIONAL ITEMS</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">46</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>9.</b>&#160;&#160;&#160;<b><a href="#f_014">PAYROLL AND RELATED BENEFITS</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">46</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>10.</b>&#160;&#160;&#160;<b><a href="#f_015">ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">47</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>11.</b>&#160;&#160;&#160;<b><a href="#f_016">FINANCE EXPENSES AND INCOME</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">47</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>12.</b>&#160;&#160;&#160;<b><a href="#f_017">INCOME TAX AND SOCIAL CONTRIBUTION</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">48</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>13.</b>&#160;&#160;&#160;<b><a href="#f_018">PROPERTY, PLANT AND EQUIPMENT</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">50</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>14.</b>&#160;&#160;&#160;<b><a href="#f_019">GOODWILL</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">53</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>15.</b>&#160;&#160;&#160;<b><a href="#f_020">INTANGIBLES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">56</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>16.</b>&#160;&#160;&#160;<b><a href="#f_021">INVESTMENT SECURITIES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">57</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>17.</b>&#160;&#160;&#160;<b><a href="#f_022">DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">57</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>18.</b>&#160;&#160;&#160;<b><a href="#f_023">RECOVERABLE TAXES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">60</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>19.</b>&#160;&#160;&#160;<b><a href="#f_024">INVENTORY</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">60</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>20.</b>&#160;&#160;&#160;<b><a href="#f_025">TRADE RECEIVABLES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">60</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>21.</b>&#160;&#160;&#160;<b><a href="#f_026">CASH AND CASH EQUIVALENTS</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">61</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>22.</b>&#160;&#160;&#160;<b><a href="#f_027">CHANGES IN EQUITY</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">62</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>23.</b>&#160;&#160;&#160;<b><a href="#f_028">INTEREST-BEARING LOANS AND BORROWING</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">71</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>24.</b>&#160;&#160;&#160;<b><a href="#f_029">EMPLOYEE BENEFITS</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">73</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>25.</b>&#160;&#160;&#160;<b><a href="#f_030">SHARE-BASED PAYMENTS</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">78</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>26.</b>&#160;&#160;&#160;<b><a href="#f_031">TRADE PAYABLES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">81</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
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    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">82</td></tr>
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    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">84</td></tr>
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    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">99</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
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    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">100</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
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    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">113</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>32.</b>&#160;&#160;&#160;<b><a href="#f_037">GROUP COMPANIES</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">117</td></tr>
  <tr style="font: 8pt Times New Roman; text-align: left; vertical-align: bottom">
    <td style="text-align: left; text-indent: -35.45pt; padding-top: 0cm; padding-bottom: 5pt; padding-left: 35.45pt"><b>33.</b>&#160;&#160;&#160;<b><a href="#f_038">INSURANCE</a></b></td>
    <td style="text-align: right; padding-top: 0cm; padding-bottom: 5pt">118</td></tr>
</table>
<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>


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<p style="font: bold 12pt Times New Roman,serif; margin: 0"><span id="f_001"></span>CONSOLIDATED INCOME STATEMENTS</p>

<p style="font: 10pt Times New Roman,serif; text-align: left; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31</b></p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0; text-align: justify">All amounts in millions
of Brazilian Reais unless otherwise stated</p>

<table cellspacing="0" cellpadding="0" id="xdx_30C_113_pn5n6_zUSD9sOElXq" summary="xdx: Statement - CONSOLIDATED INCOME STATEMENTS" style="width: 100%; border-collapse: collapse; font-size: 10pt">
<tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; width: 39%">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 10%">&#160;</td>
    <td id="xdx_490_20220101_20221231" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 17%">&#160;</td>
    <td id="xdx_49F_20210101_20211231" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 17%">&#160;</td>
    <td id="xdx_49D_20200101_20201231" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 17%">&#160;</td></tr>
</table>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 39%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Note</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--RevenueFromContractsWithCustomers_maCzUrZ_zdQEoTDdvGZi" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Net sales</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">6</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromContractsWithCustomers" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">79,708.8</ix:nonFraction>&#160;</span></td>
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  <tr id="xdx_401_eifrs-full--CostOfSales_iN_di_msCzUrZ_zuyw60MraKYj" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales</span></td>
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40,422.1</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">35,659.7</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27,066.1</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--GrossProfit_iT_mtCzUrZ_maCz5P8_zQ9RW6cKT6c1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Gross profit</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:GrossProfit" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">39,286.7</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:GrossProfit" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">37,194.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:GrossProfit" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">31,312.9</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_405_eifrs-full--DistributionCosts_iN_di_msCz5P8_zM7JfEn4Px19" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Distribution expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,395.3</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,932.7</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,245.0</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_405_eifrs-full--SalesAndMarketingExpense_iN_di_msCz5P8_zsoG0BZ8AKqb" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Sales and marketing expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,337.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,035.5</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,374.6</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--GeneralAndAdministrativeExpense_iN_di_msCz5P8_zqQ2mTRNXkK2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,236.8</ix:nonFraction>)</span></td>
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  <tr id="xdx_409_eifrs-full--OtherOperatingIncomeExpense_maCz5P8_zwQiSTLdZ1F4" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other operating income/(expenses), net</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">7</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,513.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,124.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,679.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--ExceptionalItems_maCz5P8_zSX7UgVCrcA4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_406_eifrs-full--ProfitLossFromOperatingActivities_iT_mtCz5P8_maCzsi4_z5w3RGUifNXk" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_409_eifrs-full--FinanceCosts_iN_di_msCzFzK_zlwj4Pp49Zy9" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Finance expenses</span></td>
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  <tr id="xdx_408_eifrs-full--FinanceIncome_maCzFzK_zCt4evVMrCQ" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Finance income</span></td>
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  <tr id="xdx_40D_eifrs-full--FinanceIncomeCost_iT_mtCzFzK_maCzsi4_zHvDAySNA8Cd" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net finance result</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40D_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_maCzsi4_zxO5gsvWKMbc" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40D_eifrs-full--ProfitLossBeforeTax_iT_mtCzsi4_maCzCCA_zBT3R8uB5mx8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Income before income tax</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLossBeforeTax" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13,494.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_403_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_msCzCCA_zQ7XIRe1WyOa" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">12</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">655.6</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">636.6</ix:nonFraction>)</span></td>
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  <tr id="xdx_406_eifrs-full--ProfitLoss_iT_mtCzCCA_zGhnasV3Y1Cl" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net income</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40D_eifrs-full--ProfitLossAttributableToAbstract_iB_zoJODj1pymck" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40A_eifrs-full--ProfitLossAttributableToOwnersOfParent_i01_zwiym5152P91" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Equity holders of Ambev</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40D_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_i01_zUZSDr0yvMsd" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Non-controlling interest</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<p style="font: 10pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The accompanying notes are an integral part of these consolidated financial statements.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>


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<p style="font: bold 12pt Times New Roman,serif; margin: 0"><span id="f_002"></span>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</p>

<p style="font: 10pt Times New Roman,serif; text-align: left; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31</b></p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0; text-align: justify">All amounts in millions
of Brazilian Reais unless otherwise stated</p>

<p style="font: 10pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" id="xdx_30F_113_pn5n6_zhJb9dPcodf" summary="xdx: Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td id="xdx_497_20220101__20221231_zGZzVGOoXyAd" style="text-align: center; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20210101__20211231_zWRWCIFZY2o4" style="text-align: center; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_499_20200101__20201231_z2gEwedtYyEk" style="text-align: center; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 61%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
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  <tr style="vertical-align: bottom">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40A_ecustom--ItemsThatMayBeSubsequentlyReclassifiedToProfitOrLoss_ztZNpDhwAKGe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Items that may be subsequently reclassified to profit or loss:</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40E_eifrs-full--ExchangeDifferencesOnTranslationAbstract_iB_zhuGJwdZELfl" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_i01_maCzqfG_zGy1jIvkc663" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment hedge on foreign operations</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl0168">-</span>&#160;&#160;&#160;</span></td>
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  <tr id="xdx_40F_eifrs-full--GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax_i01_maCzqfG_zL6goiw6DJX" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_406_ecustom--GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax_i01_maCzqfG_zy7tbMtLDf4h" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7,067.0</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,364.4</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,061.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_i01T_mtCzqfG_maCzhTS_zTIk3jCfSvA7" style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_400_eifrs-full--CashFlowHedgesAbstract_iB_z1QbLQKVOgnh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Cash flow hedge &#8211; gains/(losses)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--GainsLossesOnCashFlowHedgesNetOfTax_i01_maCzl56_zrdRuY5p3pF8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40F_eifrs-full--AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems_i01N_di_msCzl56_zhIfFkoMVeWk" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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  <tr id="xdx_402_eifrs-full--OtherComprehensiveIncome_i01T_mtCzhTS_maCzNg0_zyAgaCBmNsdf" style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--ComprehensiveIncome_i01T_mtCzNg0_zmaghut79xMk" style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40D_eifrs-full--ComprehensiveIncomeAttributableToAbstract_iB_zpr6TGQMZ94c" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40B_eifrs-full--ComprehensiveIncomeAttributableToOwnersOfParent_i01_zK65z8fpvUfj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Equity holders of Ambev</span></td>
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  <tr id="xdx_40E_eifrs-full--ComprehensiveIncomeAttributableToNoncontrollingInterests_i01_zJTrOHhvMr31" style="vertical-align: bottom; background-color: White">
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<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">The accompanying notes are an integral part of these
consolidated financial statements. The consolidated statements of comprehensive income are presented net of income tax. The income tax
effects of these items are disclosed in Note 17 - <i>Deferred income tax and social contribution.</i></p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>


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    <div style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->


<p style="font: bold 12pt Times New Roman,serif; margin: 0"><span id="f_003"></span>CONSOLIDATED BALANCE SHEETS</p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0; text-align: justify">All amounts in millions
of Brazilian Reais unless otherwise stated</p>

<p style="font: 10pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" id="xdx_30F_111_pn5n6_zWsgZNdwd9g6" summary="xdx: Statement - CONSOLIDATED BALANCE SHEETS" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_496_20221231" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_495_20211231" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Assets</b></span></td>
    <td style="white-space: nowrap; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Note</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
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  <tr style="vertical-align: bottom">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40E_eifrs-full--PropertyPlantAndEquipment_iI_maCzAx7_zgCi0Etndl6j" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Property, plant and equipment</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">13</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">30,055.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">29,224.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--Goodwill_iI_maCzAx7_zA4uMr2B19J1" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Goodwill</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">14</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40,594.0</ix:nonFraction>&#160;</span></td>
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  <tr id="xdx_40B_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_maCzAx7_z8k2bCqbC0xg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Intangible</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">15</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,689.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--InvestmentsInAssociates_iI_maCzAx7_zSQ8vYN3e9C" style="vertical-align: bottom; background-color: White">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40C_eifrs-full--NoncurrentHeldtomaturityInvestments_iI_maCzAx7_zvbH66rTVew8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment securities</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">16</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentHeldtomaturityInvestments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--NetDeferredTaxAssets_iI_maCzAx7_znWlZTUEnACb" style="vertical-align: bottom; background-color: White">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">17</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NetDeferredTaxAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,727.7</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--NoncurrentRecognisedAssetsDefinedBenefitPlan_iI_maCzAx7_zyJCG05P7h36" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">24</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_maCzAx7_zM4Clw64sbxl" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Derivative financial instruments</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">28</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_ecustom--NoncurrentRecoverablesFromIncomeTaxAndSocialContributions_iI_maCzAx7_zuWZHhS6r3P" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Income tax and social contributions recoverable</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:NoncurrentRecoverablesFromIncomeTaxAndSocialContributions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,326.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--NoncurrentReceivablesFromTaxesOtherThanIncomeTax_iI_maCzAx7_zaY3XfZgObl" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recoverable taxes</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">18</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,708.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,005.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_402_eifrs-full--OtherNoncurrentAssets_iI_maCzAx7_z2X8ulUJhij3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other assets</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,905.2</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherNoncurrentAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,063.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--NoncurrentAssets_iTI_mtCzAx7_maCzhFg_zVVzht5GUfVf" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current assets</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">100,141.3</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:NoncurrentAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">99,975.5</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40A_eifrs-full--CurrentInvestments_iI_maCzx9q_z9E89JJ0UUkj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment securities</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">16</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentInvestments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">454.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentInvestments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,914.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--Inventories_iI_maCzx9q_zVX3b8tGLGwe" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inventories</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">19</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,923.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,000.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_404_eifrs-full--TradeAndOtherCurrentReceivables_iI_maCzx9q_zQuDtZ2DJ8y6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Trade receivables</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">20</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,349.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,791.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentDerivativeFinancialAssets_iI_maCzx9q_zceLDEOqc3he" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Derivative financial instruments</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">28</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">272.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentDerivativeFinancialAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">597.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_406_ecustom--CurrentRecoverablesFromIncomeTaxAndSocialContributions_iI_maCzx9q_zJKxVSTLKLS6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Income tax and social contributions recoverable</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentRecoverablesFromIncomeTaxAndSocialContributions" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,808.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentRecoverablesFromIncomeTaxAndSocialContributions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">631.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--CurrentReceivablesFromTaxesOtherThanIncomeTax_iI_maCzx9q_zzvnjrrG5bfd" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recoverable taxes</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">18</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,044.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,981.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--OtherCurrentAssets_iI_maCzx9q_zLRKdsEclnG" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other assets</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,037.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherCurrentAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,082.8</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--CashAndCashEquivalents_iI_maCzx9q_z96NllhEZJE2" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash and cash equivalents</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_403_eifrs-full--Assets_iTI_mtCzhFg_zj4QE5UwOHab" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The accompanying notes are an integral part of these consolidated financial statements.</p>


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<p style="font: 12pt Times New Roman,serif; margin: 0"><b>CONSOLIDATED BALANCE SHEETS</b></p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0; text-align: justify">All amounts in millions
of Brazilian Reais unless otherwise stated</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr id="xdx_40B_eifrs-full--EquityAndLiabilitiesAbstract_iB_ztysQUza2PJk" style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Equity and liabilities</b></span></td>
    <td style="white-space: nowrap; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Note</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_402_eifrs-full--EquityAbstract_iB_ziKtrYXWw3li" style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Equity</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">22</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--IssuedCapital_iI_maCzNnQ_zzucnXOat5Rf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Issued capital</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58,130.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IssuedCapital" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58,042.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--CapitalReserve_iI_maCzNnQ_zfNGkZ9MAABc" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reserves</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">92,246.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">86,378.8</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40B_ecustom--ReserveOfCarryingValueAdjustments_iNI_di_msCzNnQ_zMEZ7RYk5vYe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Carrying value adjustments</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ReserveOfCarryingValueAdjustments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">68,421.5</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ReserveOfCarryingValueAdjustments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">61,778.3</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_409_eifrs-full--EquityAttributableToOwnersOfParent_iTI_mtCzNnQ_maCzDiA_zNzQjOsr3ez4" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Equity attributable to the equity holders of Ambev</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">81,955.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:EquityAttributableToOwnersOfParent" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">82,643.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--NoncontrollingInterests_iI_maCzDiA_zkgJHSlqwxQb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Non-controlling interests</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,372.2</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncontrollingInterests" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,374.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_402_eifrs-full--Equity_iTI_mtCzDiA_maCziF0_zwsEi56oWUE6" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total Equity</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">83,327.8</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">84,017.6</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--LongtermBorrowings_iI_maCzTbS_zp0eLZXU7Bu" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest-bearing loans and borrowings</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">23</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,788.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,253.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_404_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_maCzTbS_zGsXOd1LFeU9" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Employee benefits</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">24</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,161.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentProvisionsForEmployeeBenefits" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,194.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--NetDeferredTaxLiabilities_iI_maCzTbS_zuCe7JHcoeKb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred tax assets</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">17</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NetDeferredTaxLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,725.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NetDeferredTaxLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,214.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_ecustom--CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation_iI_maCzTbS_zfj43TipP1F2" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Income tax and social contribution payable</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,598.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,686.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_ecustom--CurrentTaxAndContributionsLiabilitiesNoncurrent_iI_maCzTbS_zw7DpxjREtw2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Taxes and contributions payable</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">26</span></td>
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  <tr id="xdx_407_eifrs-full--NoncurrentProvisions_iI_maCzTbS_zD8Wo3agdOuh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
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  <tr id="xdx_403_eifrs-full--NoncurrentFinancialLiabilities_iI_maCzTbS_z81CPvKfACR4" style="vertical-align: bottom; background-color: White">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_402_eifrs-full--NoncurrentLiabilities_iTI_mtCzTbS_maCzUxf_zheStt71bsCd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_408_eifrs-full--BankOverdraftsClassifiedAsCashEquivalents_iI_maCzBrm_z9A1XinhUsW4" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bank overdrafts</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">21</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">74.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:BankOverdraftsClassifiedAsCashEquivalents" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">30.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_maCzBrm_zi7lyLArB8Be" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest-bearing loans and borrowings</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">23</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">847.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_402_eifrs-full--ShorttermEmployeeBenefitsAccruals_iI_maCzBrm_ztiffuttCTbl" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Wages and salaries</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ShorttermEmployeeBenefitsAccruals" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,335.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ShorttermEmployeeBenefitsAccruals" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,439.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40E_ecustom--CurrentDividendAndInterestPayables_iI_maCzBrm_zbw4pUMFs3Fj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dividends and interest on shareholders&#8217; equity payable</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentDividendAndInterestPayables" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,464.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentDividendAndInterestPayables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,425.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_maCzBrm_zuP6kJ1604ei" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Derivative financial instruments</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">28</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">729.4</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentDerivativeFinancialLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">492.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_ecustom--CurrentTaxAndContributionsLiabilitiesCurrent_iI_maCzBrm_zxAYU12LyPGb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Income tax and social contribution payable</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentTaxAndContributionsLiabilitiesCurrent" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,118.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:CurrentTaxAndContributionsLiabilitiesCurrent" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,491.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_iI_maCzBrm_zNDEacUrfZMe" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Taxes and contributions payable</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,812.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,585.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--TradeAndOtherCurrentPayables_iI_maCzBrm_zXVR6wRsAxL9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Trade payables</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">26</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24,328.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentPayables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,077.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentProvisions_iI_maCzBrm_zjenCK7XewTe" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt">27</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentProvisions" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">180.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentProvisions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">172.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--CurrentFinancialLiabilities_iI_maCzBrm_zTVRr2c6xv97" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Put option granted on subsidiaries and other liabilities</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentFinancialLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,512.8</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentFinancialLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,304.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--CurrentLiabilities_iTI_mtCzBrm_maCzUxf_zNm11wEwsy27" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current liabilities</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40,540.4</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">38,866.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--Liabilities_iTI_mtCzUxf_maCziF0_zjigOymph6ug" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total liabilities</b></span></td>
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<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">The accompanying notes are an integral part of these
consolidated financial statements.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>


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    <div style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: bold 12pt Times New Roman,serif; margin: 0"><span id="f_004"></span>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY</p>

<p style="font: 10pt Times New Roman,serif; margin: 0"><b>For the year ended December 31</b></p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0">All amounts in millions of Brazilian Reais unless
otherwise stated</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" id="xdx_309_114_pn5n6_zq8LedK2Nus8" summary="xdx: Statement - CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY" style="width: 100%; border-collapse: collapse; font-size: 10pt">
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<tr style="vertical-align: bottom">
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  <tr>
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  <tr style="vertical-align: bottom">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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  <tr id="xdx_40F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_i_pn5n5" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40A_eifrs-full--ComprehensiveIncome_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40A_eifrs-full--IssueOfEquity_i_pn5n5" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40C_ecustom--CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40C_ecustom--AdjustmentsToEquityOptionsGrantedOnSubsidiary_i_pn5n5" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_406_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Gains/(losses) of controlling interest</span></td>
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  <tr id="xdx_407_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_iN_di_zxYpMWAd2KHi" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_406_eifrs-full--DividendsPaid_iN_di_zYd4OspR0Yx6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_408_ecustom--IncreaseDecreaseThroughChangeInShareholdersEquityEquity_i_pn5n5" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_403_eifrs-full--IncreaseDecreaseThroughTreasuryShareTransactions_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_403_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_i_pn5n5" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_401_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40D_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_i_pn5n5" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_404_ecustom--IncreaseDecreaseInvestmentsReserve_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_431_c20200101__20201231_eifrs-full--Equity_iE_zGGNRRuos6pg" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl0548">-</span>&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">64,989.0</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">73,815.7</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,335.5</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">75,151.2</ix:nonFraction>&#160;</b></span></td></tr>
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<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The accompanying notes are an integral part of
these consolidated financial statements.</p>


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    <div style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY</b></p>

<p style="font: 10pt Times New Roman,serif; margin: 0"><b>For the year ended December 31</b></p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0">All amounts in millions of Brazilian Reais unless
otherwise stated</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Attributable to equity holders of Ambev</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 44%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Capital</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Capital reserves</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net income reserves</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Retained earnings</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Carrying value adjustments</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Non-controlling interests</b></span></td>
    <td style="width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total equity</b></span></td></tr>
  <tr id="xdx_43E_c20210101__20211231_eifrs-full--Equity_iS_zgE79d02DqL5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>At January 1, 2021</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">57,899.1</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54,985.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_NetIncomeReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,920.0</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl0557">-</span>&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">64,989.0</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">73,815.7</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,335.5</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">75,151.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40F_eifrs-full--ProfitLoss_zjLCoZzrVm26" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;Net Income&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl0564">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl0565">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,671.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl0567">-</span>&#160;&#160;&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_408_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_zaxPkoauvCW3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40F_eifrs-full--IssueOfEquity_zP3wA9R2vXbj" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_zoEZaiJdw4E3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_400_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_iN_di_z2TZ9ethpY63" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_406_eifrs-full--DividendsPaid_iN_di_zigePmjvSZ1b" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_400_ecustom--IncreaseDecreaseThroughChangeInShareholdersEquityEquity_zoSzsdDZ4Q2d" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_407_eifrs-full--IncreaseDecreaseThroughTreasuryShareTransactions_z9SfpNPjzqdg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40A_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_z2Hbm9lJP2qj" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40B_ecustom--IncreaseDecreaseInvestmentsReserve_zTwx4g4b7nc6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Investments&#160;reserve&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_436_c20210101__20211231_eifrs-full--Equity_iE_zFuiuBVJtGN" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The accompanying notes are an integral part of
these consolidated financial statements.</p>


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    <div style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY</b></p>

<p style="font: 10pt Times New Roman,serif; margin: 0"><b>For the year ended December 31</b></p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0">All amounts in millions of Brazilian Reais unless
otherwise stated</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Attributable to equity holders of Ambev</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 58%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Capital</b></span></td>
    <td style="width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Capital reserves</b></span></td>
    <td style="width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net income reserves</b></span></td>
    <td style="width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Retained earnings</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Carrying value adjustments</b></span></td>
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    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Non-controlling interests</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_zQYe4MjmgPHj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Gains/(losses) on the translation of foreign operations</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl0744">-</span></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl0745">-</span></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl0746">-</span></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,772.2</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,772.2</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">91.0</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,863.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_407_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_zqxWPOnU0Wwg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Cash flow hedges</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0753">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0754">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0755">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">316.7</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">316.7</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">318.7</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_zN6N5BDXfFJ3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Actuarial gains/(losses)</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0762">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0763">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0764">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">466.5</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">466.5</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.2</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">470.7</ix:nonFraction></span></td></tr>
  <tr id="xdx_40D_eifrs-full--ComprehensiveIncome_zHnprLkgXZT4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total comprehensive income </b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl0771">-</span></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl0772">-</span></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,457.9</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,622.4</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,835.5</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">344.5</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,180.0</ix:nonFraction></b></span></td></tr>
  <tr id="xdx_40D_eifrs-full--IssueOfEquity_zUAmWFfPsf8i" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Capital increase (Note 22)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2022-01-012022-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">88.0</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2022-01-012022-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">64.3</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0781">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0782">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0783">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23.7</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0785">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23.7</ix:nonFraction></span></td></tr>
  <tr id="xdx_401_ecustom--CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies_zHw4X9VNA5fa" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0788">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0789">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0790">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,224.5</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0792">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,224.5</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" contextRef="From2022-01-012022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9.2</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,233.7</ix:nonFraction></span></td></tr>
  <tr id="xdx_406_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_zOs3WJA862Zh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Gains/(losses) of controlling interest</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0797">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0798">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0799">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0800">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.3</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.1</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_iN_di_zMH5885i0mC7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Tax on deemed dividends</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0806">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0807">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0808">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0809">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.2</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.2</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0812">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_405_eifrs-full--DividendsPaid_iN_di_zfUsDXIilkc1" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Dividends paid</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0815">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0816">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0817">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0818">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0819">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0820">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="From2022-01-012022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">357.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="ifrs-full:DividendsPaid" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">357.4</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_408_ecustom--IncreaseDecreaseThroughChangeInShareholdersEquityEquity_zR3Rx7bWecRk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0824">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0825">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0826">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:IncreaseDecreaseThroughChangeInShareholdersEquityEquity" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11,999.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0828">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:IncreaseDecreaseThroughChangeInShareholdersEquityEquity" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11,999.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0830">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:IncreaseDecreaseThroughChangeInShareholdersEquityEquity" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11,999.8</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_402_eifrs-full--IncreaseDecreaseThroughTreasuryShareTransactions_zMxrv11WXN8i" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Purchases of shares, results from treasury shares and share-based payments</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="From2022-01-012022-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">216.8</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0835">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0836">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0837">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">216.8</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTreasuryShareTransactions" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">218.4</ix:nonFraction></span></td></tr>
  <tr id="xdx_405_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_ztMHX02oRUO5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0843">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0844">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20.9</ix:nonFraction></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" contextRef="From2022-01-012022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20.9</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20.9</ix:nonFraction></span></td></tr>
  <tr id="xdx_402_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_zSpXH1eWfXVc" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0852">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0853">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11.8</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0856">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0857">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0858">-</span></span></td></tr>
  <tr id="xdx_40C_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_zBPR7KzBqrui" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Fiscal incentive reserve </span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0860">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0861">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,018.6</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,018.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0864">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0865">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0866">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0867">-</span></span></td></tr>
  <tr id="xdx_407_ecustom--IncreaseDecreaseInvestmentsReserve_zQxn5vQAVHll" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Investments reserve </span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0869">-</span></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0870">-</span></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,696.7</ix:nonFraction></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,696.7</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0873">-</span></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0874">-</span></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0875">-</span></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><span style="-sec-ix-hidden: xdx2ixbrl0876">-</span></span></td></tr>
  <tr id="xdx_437_c20220101__20221231_eifrs-full--Equity_iE_zaIQ2enQk0dl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>At December 31, 2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58,130.5</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">55,339.7</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_NetIncomeReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">36,906.9</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl0881">-</span></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">68,421.5</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">81,955.6</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_ifrs-full_NoncontrollingInterestsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,372.2</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">83,327.8</ix:nonFraction></b></span></td></tr>
  </table>
<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">The accompanying notes are an integral part of these
consolidated financial statements.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>


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    <div style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page -->

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: bold 12pt Times New Roman,serif; margin: 0"><span id="f_005"></span>CONSOLIDATED STATEMENTS OF CASH FLOWS</p>

<p style="font: 10pt Times New Roman,serif; text-align: left; margin-top: 0; margin-bottom: 0"><b>For the year ended December 31</b></p>

<p style="border-bottom: Black 0.5pt solid; font: 10pt Times New Roman,serif; margin: 0">All amounts in millions of Brazilian Reais unless
otherwise stated</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" id="xdx_305_112_pn5n6_zwfzwb6hfkbj" summary="xdx: Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_499_20220101__20221231_zYPekdFlwZM4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49E_20210101__20211231_zIFnLDcKkpP4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49E_20200101__20201231_zUL8pTjagmrk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 59%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Note</b></span></td>
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  <tr id="xdx_409_eifrs-full--ProfitLoss_maCzmAJ_zChBrJP5X6H3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40C_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_maCzmAJ_zEixiUPH8tJc" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40E_ecustom--AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories_maCzmAJ_zZqNKImdotHf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_406_ecustom--AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities_maCzmAJ_zNn2Sb9Dn2Bk" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_405_eifrs-full--AdjustmentsForFinanceIncomeCost_iN_di_msCzmAJ_zjNWiYqPTck8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Net finance costs</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdjustmentsForFinanceIncomeCost" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,205.4</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdjustmentsForFinanceIncomeCost" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,434.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_iN_di_msCzmAJ_zb8WyBfAq375" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_402_eifrs-full--AdjustmentsForSharebasedPayments_maCzmAJ_zuuiJuxectQ6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Equity-settled share-based payment expenses</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">387.6</ix:nonFraction>&#160;</span></td>
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  <tr id="xdx_409_eifrs-full--AdjustmentsForIncomeTaxExpense_maCzmAJ_zLaunhnpR8ak" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_406_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_iN_di_msCzmAJ_zPs1F64RlUT5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_401_ecustom--HedgeOperationsResults_iN_di_msCzmAJ_zxE9jg3lY20d" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40A_eifrs-full--OtherAdjustmentsForNoncashItems_maCzmAJ_zwWdEADdS1oh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl0928">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl0929">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_iT_mtCzmAJ_maCzuMB_zLKTzEgrgZih" style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_404_eifrs-full--AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_maCzuMB_zh7bv2jaUne3" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_409_eifrs-full--AdjustmentsForDecreaseIncreaseInInventories_maCzuMB_zt4d0zxY4cLe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40F_eifrs-full--AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_maCzuMB_zPScVsUy10Hd" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_404_eifrs-full--CashFlowsFromUsedInOperations_iT_mtCzuMB_maCztNc_z9I5SYDbYguh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_404_eifrs-full--InterestPaidClassifiedAsOperatingActivities_iN_di_msCztNc_zYqs8aoiU5O4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_408_eifrs-full--InterestReceivedClassifiedAsOperatingActivities_maCztNc_zpWp3BJdJnK7" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40E_eifrs-full--DividendsReceivedClassifiedAsOperatingActivities_maCztNc_zt5AQWACxSqc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40A_eifrs-full--IncomeTaxesPaidRefundClassifiedAsOperatingActivities_iN_di_msCztNc_z22Ab3vMWNj1" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_402_eifrs-full--CashFlowsFromUsedInOperatingActivities_iT_mtCztNc_maCzy7L_zfTfdPqTTiQf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40F_eifrs-full--ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_maCz7g9_zrfWcH9YQvc6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">108.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--ProceedsFromSalesOfInterestsInAssociates_maCz7g9_z9hHq8jiYXI8" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl0977">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_iN_di_msCz7g9_zsZRut9NedNg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_401_eifrs-full--CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_iN_di_msCz7g9_zHzX0PLqEPTi" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_400_ecustom--InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities_maCz7g9_zn8picMElYc9" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_403_ecustom--NetProceedsAcquisitionOfOtherAssets_maCz7g9_zXWJ4xspgeba" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40E_eifrs-full--CashFlowsFromUsedInInvestingActivities_iT_mtCz7g9_maCzy7L_zA5ej2wLj9El" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40B_eifrs-full--ProceedsFromIssueOfOrdinaryShares_maCzLBO_zevYUch7zoHj" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40F_ecustom--ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities_maCzLBO_zQpqLtsqqeI6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl1008">-</span>&#160;&#160;&#160;</span></td>
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  <tr id="xdx_40C_ecustom--ProceedsFromRepurchasesOfTreasuryShares_maCzLBO_zaoa32Hj5Ual" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40B_eifrs-full--PaymentsToAcquireOrRedeemEntitysShares_iN_di_msCzLBO_zS6qjMPOfRzk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisitions of non-controlling interest</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl1016">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl1017">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_maCzLBO_zUx1hPL5UEA" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">274.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">315.2</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,767.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di_msCzLBO_zCYJRTMzyZx6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Repayment of borrowings</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,454.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,042.9</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40E_ecustom--PaymentsOnNetOfFinanceCostsOtherThanInterests_iN_di_msCzLBO_zDQv1lCwHGyj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash net of finance costs other than interests</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_402_ecustom--CashAndCashEquivalentsAfterBankOverdrafts_iS_zwEjz7OyMc2g" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The accompanying notes are an integral part of these consolidated financial statements.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>


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<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DescriptionOfCorporateInformationTextBlock"><p id="xdx_803_ecustom--DescriptionOfCorporateInformationTextBlock_zcKlv0X0HVb2" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>1.</b></span></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_006"></span><span id="xdx_822_zgC984SiqBC9">CORPORATE INFORMATION</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(a)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Description of business</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev S.A. (referred to as the &#8220;Company&#8221;
or &#8220;Ambev&#8221;) together with its subsidiaries (the &#8220;Group&#8221; or &#8220;Consolidated&#8221;), headquartered in S&#227;o
Paulo - SP, Brazil, has as its purpose, either directly or through participation in other companies, the production and sale of beer,
draft beer, soft drinks, other non-alcoholic beverages, malt and food in general, as well as the advertising of its own and of third party
products, the sale of promotional and advertising materials and the direct or indirect exploitation of bars, restaurants, snack bars and
similar establishments, among others.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s shares and American Depositary Receipts
(&#8220;ADRs&#8221;) are listed on the Brasil, Bolsa, Balc&#227;o S.A. (&#8220;B3&#8221;) under the ticker &#8220;ABEV3&#8221; and on
the New York Stock Exchange (&#8220;NYSE&#8221;) under the ticker &#8220;ABEV&#8221;, respectively.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s direct controlling shareholders are
Interbrew International B.V. (&#8220;ITW International&#8221;), AmBrew S.&#224;.r.l (&#8220;Ambrew&#8221;), both of which are subsidiaries
of Anheuser-Busch InBev N.V. (&#8220;AB InBev&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The consolidated financial statements were authorized
for issue by the Board of Directors on March 15, 2023.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Major corporate events in 2022, 2021 and 2020 </b></span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Tax Credits - 2022</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">After the decision of the Federal Supreme Court (&#8220;STF&#8221;)
in the judgment of RE 574,706/PR, rendered in 2017 and ratified in May 2021, which declared the unconstitutionality of the inclusion of
the ICMS in the taxable base of PIS and COFINS, the General Attorney&#8217;s Office (&#8220;PGFN&#8221;), with binding effects, ruled
on the content and effects of this decision. The PGFN normative (PGFN Opinion 14,483/2021, which approved and complemented PGFN Opinion
No. 12,943/2021) presented its understanding of the limits of the judgment and equated the procedures that must be observed by the Tax
Administration in relation to the matter, especially with regard to issues related to the ICMS to be excluded from the taxable base of
PIS and COFINS, temporal aspects regarding the applicability of the STF understanding (modulation of effects) and the impacts of said
exclusion on the credits recorded by the purchasers upon acquisitions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Considering the consolidation of PGFN's understanding
on the subject with biding effects, with important clarifications regarding the content and effects of the decision rendered by the STF
in the context of RE 574,706/PR, the Company carried out a set of analyses, with the support of its legal advisors and external consultants,
with the purpose</p>


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    <div id="xdx_23D_zCh0xJgWo2P9" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" id="xdx_23C_zYQ7ZjNMPHwk" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23C_zS9H4sJCyp24" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">of deepening and exhausting all legal issues related
to a specific portion of its transactions, which, as they involve transactions between subsidiaries, present greater complexity in terms
of quantification of recoverable credit, notably considering aspects related to the system of non-cumulative calculation of PIS and COFINS
within a Group structure.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Such analysis presented additional complexity when compared
to the scenarios for recognition of credits resulting from exclusion of ICMS in the tax base of social contributions on gross revenues
(&#8220;PIS and COFINS&#8221;) previously registered by the Company, since it involves transactions with subsidiaries, as mentioned above,
considering the necessity of combining the legal understandings referred to above with the specific taxation regime in which the Company
is inserted.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In the second quarter of 2022, all relevant and necessary
steps were concluded for the fulfillment of the requirements for the accounting recognition of the asset, including its measurement with
reasonable assurance, the gathering of supporting documents and the quantification of the credit, the Company had its 2022 results positively impacted by an additional tax credit of R$<span id="xdx_90B_ecustom--AdditionalTaxCredit_iI_pn8n9_c20221231_zysItaFkVrC1" title="Additional tax credit"><ix:nonFraction name="abev:AdditionalTaxCredit" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">1.2</ix:nonFraction></span> billion.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">With respect to the amount referred to above, R$<span id="xdx_90C_ecustom--OtherOperatingIncomes_pn8n9_c20220101__20221231_z6kc9dkSJ9ye" title="Other operating income"><ix:nonFraction name="abev:OtherOperatingIncomes" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">0.9</ix:nonFraction>
</span>billion was recorded in Other Operating Income, as described in Financial Statement Note 7 &#8211; <i>Other Operating Income/(Expenses),
</i>and R$<span id="xdx_90E_eifrs-full--InsuranceFinanceIncomeExpenses_pn8n9_c20220101__20221231_zixEtifav8i6" title="Finance expenses and income"><ix:nonFraction name="ifrs-full:InsuranceFinanceIncomeExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">0.3</ix:nonFraction></span> billion in
Financial Income, as described in Note 11 &#8211; <i>Financial Expenses and Income</i>.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>COVID-19 pandemic impacts</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0">The impact of
the pandemic on our operations and the restrictions imposed in response by national governments, especially since March 2020, have
generated significant changes in market dynamics both in the off-trade sales channel, mainly comprised of supermarkets, and in the
on-trade channel, which consists of bars and restaurants. In each case, the more severe the restrictions on the marketing and
consumption of our products, the greater the reduction in volume, which is why Bolivia and Panama were the most affected countries,
especially in the fiscal year 2021. On the other hand, we observed an increase in sales related to e-commerce in all countries,
although this channel represents a small portion of the Company&#8217;s total volume.</p>

<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0">In early 2022, our operations,
mainly in Brazil, were impacted by the spread of the Omicron variant of COVID-19, which, combined with factors such as unfavorable</p>


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<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0">weather, negatively
impacted our sales. From the second quarter on, with the progress of the vaccination programs and the greater control over the advance
of the COVID-19 pandemic, there was a relaxation of the restrictions in the regions in which we operate, favoring the recovery of the
on-trade channel, despite the uncertainty about how the consumption recovery will evolve in each of these territories.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In Brazil, the consistent implementation of the Company's
strategy combined with the context of relaxed restrictions and the return of occasions for out-of-home consumption generated a positive
volume trend, with growth in both volume and net revenue compared to the same period of 2021. In the event that circumstances related to
the COVID-19 pandemic evolve, government authorities may implement emergency measures to mitigate the spread of the disease. The pandemic
and corresponding mitigation measures may have an adverse impact on global economic conditions as well as the Company's business. The
extent of the pandemic COVID-19 impact on the Company's business will depend on future developments, such as the duration of further outbreaks,
any possible trade shutdowns and restrictions, and the effectiveness of actions taken in the regions where we operate and in other countries
to contain and treat the disease. As such events are highly uncertain, the Company cannot determine their financial impact at this moment.
Any adverse impacts could result in a material adverse effect on our business, liquidity, financial condition and results of operations.
However, we continue to manage our cash and capital resources with discipline, and management concludes that there is no doubt about the
Company's ability to continue operations.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As required by IAS 1 - <i>Presentation of Financial Statements</i>,
the Company updated the analysis of the impact of COVID-19, as at December 31, 2022, which mainly involved, (i) a review of the assumptions
of the annual impairment test, as described in Note 14 - <i>Goodwill</i>, (ii) an analysis of possible credit losses and inventory obsolescence,
(iii) an analysis of the recoverability of deferred taxes, and (iv) the evaluation of the relevant estimates used for the preparation
of the financial statements, among other analyses.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Any impacts arising from these analyses are reflected
in the financial statements and disclosed in explanatory notes. In addition, due to the protective actions taken for its staff and the
donations made by its community, the Company incurred exceptional expenses of R$16.7, at December 31, 2022, as reported in Note 8 - <i>Exceptional
items</i>.</p>

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<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>Share buyback program</b></p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">The Board of Directors, in a meeting held on March 18,
2021, approved, pursuant to article 30, 1<sup>st</sup> Paragraph, &#8220;b&#8221;, of Law 6,404/76 and CVM Instruction 567/15 (revoked
by CVM Resolution 77/22), a share buyback program of shares issued by the Company (&#8220;Program&#8221;) up to the limit of <span id="xdx_909_ecustom--StockRepurchaseProgramSharesAuthorized_iI_pip0_c20210318_zyWfWHO2lhAg"><ix:nonFraction name="abev:StockRepurchaseProgramSharesAuthorized" contextRef="AsOf2021-03-18" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">5,700,000</ix:nonFraction>
</span>common shares, with the primary purpose of covering any share delivery requirements contemplated in the Company's share-based
compensation plans or to be held in treasury, canceled and/or subsequently transferred. The program was closed in September 18, 2022,
according to the deadline previously disclosed by the Company at the Material Fact disclosed to market on March 18, 2021. At the same
date, the Company had <span id="xdx_902_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20210318_z4bh7Vzlkgp5"><ix:nonFraction name="ifrs-full:NumberOfSharesOutstanding" contextRef="AsOf2021-03-18" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Shares">4,357,308,131</ix:nonFraction></span> outstanding
shares as defined in CVM Instruction 567/15 (revoked by CVM Resolution 77/22). The acquisitions occurred in 2022 and 2021 fiscal years
as per a deduction of the capital reserve account recorded in the balance sheets dated as at December 31, 2022 and 2021, respectively.
The transaction was carried out through the following financial institutions: UBS Brasil Corretora de C&#226;mbio, T&#237;tulos e
Valores Mobili&#225;rios S.A. and Ita&#250; Corretora de Valores S.A.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>Renegotiation of Tenedora&#8217;s shareholders agreement</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">The Company and E. Le&#243;n Jimenes, S.A. (&#8220;ELJ&#8221;),
as the shareholders of Tenedora CND, S.A. (&#8220;Tenedora&#8221;), a holding company headquartered in the Dominican Republic, the owner
of almost the entire share capital of Cervecer&#237;a Nacional Dominicana, S.A., on July 2, 2020, signed the second amendment to Tenedora&#8217;s
Shareholders Agreement (the &#8220;Shareholders Agreement&#8221;), extending their partnership in the country and postponing the terms
of the put and call options defined in the original Agreement. ELJ is currently the owner of <span id="xdx_90C_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zlZ7LtOiOadi" title="Put options, exercisable number of shares, percent of outstanding stock"><ix:nonFraction name="abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" contextRef="AsOf2020-07-02_custom_TenedoraMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15</ix:nonFraction></span>% of Tenedora&#8217;s shares, and its put
option is now divided into two tranches: (i) Tranche A, corresponding to <span id="xdx_900_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheAMember__dei--LegalEntityAxis__custom--ELJMember_zFIOkuTOt4Ld" title="Put options, exercisable number of shares, percent of outstanding stock"><ix:nonFraction name="abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" contextRef="AsOf2020-07-02_custom_TenedoraMember_custom_TrancheAMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">12.11</ix:nonFraction></span>% of the shares, exercisable in 2022, 2023 and 2024; and
(ii) Tranche B, corresponding to <span id="xdx_900_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheBMember__dei--LegalEntityAxis__custom--ELJMember_zB9QQvEXG5Zf" title="Put options, exercisable number of shares, percent of outstanding stock"><ix:nonFraction name="abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" contextRef="AsOf2020-07-02_custom_TenedoraMember_custom_TrancheBMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.89</ix:nonFraction></span>% of the shares, exercisable starting in 2026. The Company, on the other hand, has a call option
over the Tranche A shares exercisable starting in 2021 and over the Tranche B shares to be exercised starting in 2029.</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">At December 31, 2022, there were no exercises for these
options. The details of the assumptions used for these options are described in Note 28 (Item IV (d)).</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"><b>Distribution agreement Cervecer&#237;a Chile S.A.</b></p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/112% Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0">On August 16, 2020,
Cervecer&#237;a Chile S.A., a Chilean subsidiary of the Company, entered into a long-term distribution agreement with Embotelladora
Andina S.A., Coca-Cola Embonor S.A. and Embotelladora Iquique S.A. (the &#8220;Distributors&#8221;), by which the Distributors were granted
the right to sell and distribute certain products within the Company&#8217;s portfolio, with exclusivity in specific zones and sales
channels in Chile.</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Addendum to the agreement with PepsiCo Bolivia</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The long-term agreement with PepsiCo, under which the
Cervecer&#237;a Boliviana Nacional, a subsidiary of the Company in Bolivia, has the exclusive right to produce, sell and distribute
certain brands from PepsiCo&#8217;s portfolio in Bolivia, was amended on June 1, 2020, extending the agreement for a further ten years
and reflecting certain changes in the trade agreement between the parties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>New acquisitions </b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">On January 22, 2020, the company, through its subsidiary
Labatt Brewing Company Limited, acquired G&amp;W Distilling Inc., a company that produces a portfolio of ready-to-drink alcoholic beverages.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"><b>Exchange contracts for future financial
flows - Equity Swaps</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">On May 13, 2020 and on December 9, 2020, the Board of
Directors of Ambev approved equity-swap contracts, without impact on the liquidation, on the regulatory deadline, of the equity-swap contracts
which were still in force. The settlement of these equity-swap contracts is to take place over a maximum term of <span id="xdx_90D_ecustom--MaximumTermOfEquitySwapAgreement_dtM_c20201201__20201231_zKmUr4zzHrL3" title="Maximum term of equity swap agreement (Month)"><ix:nonNumeric contextRef="From2020-12-012020-12-31" format="ixt-sec:durmonth" name="abev:MaximumTermOfEquitySwapAgreement">18</ix:nonNumeric></span> months from the date
of approval, and such contracts may result to exposure of up to <span id="xdx_901_ecustom--MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_iI_pn6n6_c20200513_zg4u4KJHlO2i" title="Maximum exposure of common shares under a equity swap agreement (in shares)"><ix:nonFraction name="abev:MaximumExposureOfCommonSharesUnderAEquitySwapAgreement" contextRef="AsOf2020-05-13" format="ixt:numdotdecimal" decimals="-6" scale="6" unitRef="Shares">65</ix:nonFraction></span> million common shares (all or part of which may be in the form of ADRs),
up to a value limit of R$1.0 billion and <span id="xdx_904_ecustom--MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_iI_pn6n6_c20201209_zskRCN7lXFq3" title="Maximum exposure of common shares under a equity swap agreement (in shares)"><ix:nonFraction name="abev:MaximumExposureOfCommonSharesUnderAEquitySwapAgreement" contextRef="AsOf2020-12-09" format="ixt:numdotdecimal" decimals="-6" scale="6" unitRef="Shares">80</ix:nonFraction></span> million common shares (all or part of which may be in the form of ADRs), up to a value limit
of R$1.2 billion, respectively. These contracts were settled during the year 2021, and on December 31, 2021, there is no balance or pending
issue regarding these equity swap contracts.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:StatementOfIFRSCompliance"><p id="xdx_803_eifrs-full--StatementOfIFRSCompliance_zuckEoAicpR9" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>2.</b></span></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_007"></span><span id="xdx_824_z8gG3ScWs308">STATEMENT OF COMPLIANCE</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The consolidated financial statements have been prepared
using the going concern basis of accounting and are being presented in accordance with the International Financial Reporting Standards
(&#8220;IFRS&#8221;) issued by the International Accounting Standards Board (&#8220;IASB&#8221;), effective as at December 31, 2022 and
disclose all (and only) the applicable significant information related to the financial statements, which is consistent with the information
utilized by Management in the performance of its duties.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory"><p id="xdx_80A_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zntEDAZnyBw8" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>3.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_008"></span><span id="xdx_827_zZhhtDTbKwPj">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There were no significant changes in the accounting policies
and calculation methods used for the annual financial statements as at December 31, 2022 compared to those presented in the financial
statements for the years ended December 31, 2021 and 2020.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:exclude><p id="xdx_233_zkfb0L7QQZac" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p></ix:exclude>


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    <div id="xdx_233_zMRkRjvvj9k3" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23A_zVTt0DLsrJY8" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory"><p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory_zzvbcMbEIpM3" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(a)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86E_zSZQVPWGa5t">Basis of preparation and measurement</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><span style="color: windowtext">The financial
statements are presented in </span>millions <span style="color: windowtext">of Brazilian Reais (&#8220;R$&#8221;), unless otherwise indicated,
rounded to the nearest million. The measurement basis used in preparing the financial statements is the historical cost, net realizable
value, fair value or recoverable amount.</span></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock"><p id="xdx_842_ecustom--DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock_z9JqTn8c9fD8" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86B_zDfkfABorj1g">Recently issued IFRS</span></b></span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The revised standards and new standards, which
became effective in 2022 are not applicable or did not have any material impact for the Company for the preparation of these
consolidated financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Other Standards, Interpretations and Amendments to
Standards </b></p>

<p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There are no other Standards, Interpretations and/or
Amendments to Standards that are not in force and that the Company expects to have a material impact resulting from their application
in the consolidated financial statements.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock"><p id="xdx_843_ecustom--DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock_zsw32HMaaBc3" style="font: 12pt/115% Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(c)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_860_zsOf9V94oOvd">Consolidated financial statements</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The financial statements of subsidiaries, joint arrangements
and associates used in these consolidated financial statements are prepared for the same reporting period as Ambev, using a consistent
accounting policy.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">All intercompany transactions, balances and unrealized
gains or losses on transactions between group companies have been eliminated.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Subsidiaries</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company controls an entity when it is exposed to
or has rights to variable returns due to its involvement with the entity, and it is able to affect those returns through its power over
the entity. When assessing control, potential voting rights are considered. Control is presumed to exist where the Company owns, directly
or indirectly, more than half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated
that such ownership does not confer control.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Subsidiaries are consolidated from the date on which
control is obtained by the Company, except when the predecessor basis of accounting is applied to transactions of business combinations
under common control. Consolidation is discontinued from the date on which control ceases.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev uses the purchase method to account for its business
combinations. The consideration transferred for the acquisition of a subsidiary represents the fair value of the assets transferred, the
liabilities incurred, and the equity interest issued by Ambev.</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The consideration transferred includes the fair
value of any asset or liability resulting from a contingent consideration agreement, when applicable. Costs related to the
acquisition are recognized in income as they are incurred. Assets, liabilities and contingent liabilities acquired or assumed in a
business combination are recognized initially at their fair value as at the acquisition date. Ambev recognizes the non-controlling
interest in the acquiree, either at its fair value or at the non-controlling interest&#8217;s proportional share of the net assets
acquired. The measurement of the non-controlling interest to be recognized is determined for each acquisition.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The excess of: (i) the consideration paid; plus (ii)
the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any
previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired, at the date of acquisition, is
recorded as goodwill. When the consideration transferred is less than the fair value of the net assets acquired, the difference is recognized
directly in income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">All intercompany transactions, balances and unrealized gains
and losses on transactions between group companies have been eliminated. Unrealized losses are eliminated in the same way as unrealized
gains, but only to the extent that there is no evidence of impairment.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Associates</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Associates are companies which the Company has significant
influence over the financial and operational policies but does not control.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The list of main associates and subsidiaries are disclosed
in note 32 - <i>Group Companies</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Joint arrangements</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Joint arrangements are all entities over which the Company
shares control with one or more parties. Joint arrangements are classified either as joint operations or joint ventures depending on the
contractual rights and obligations of each investor.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Business combination between entities under common
control</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">Business combinations between entities
under common control have not been addressed under IFRS how they should be disclosed remains unclear. IFRS 3 - <i>Business Combinations
</i>is the standard applicable to business combinations, but its scope explicitly excludes business combinations between entities under
common control, thus, in evaluating transactions of this nature, Management&#8217;s judgment is required to adequately reflect the essence
and economic reality of each transaction.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"><b>i) Predecessor basis of accounting</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">In accordance with IAS 8, Management has
adopted the predecessor basis of accounting, which is consistent with United States Generally Accepted Accounting Principles (&#8220;USGAAP&#8221;)
and United Kingdom Generally Accepted Accounting Principles (&#8220;UKGAAP&#8221;), to record the carrying amount of the asset received,
as recorded by the parent company.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the predecessor basis of accounting, when accounting
for a transfer of assets between entities under common control, the entity that receives the net assets or the equity interests (the acquirer)
shall initially record the assets and liabilities transferred at their parent book value as at the transfer date. If the book value of
the assets and liabilities transferred by the parent is different from the historical cost recorded by the controlling entity of the entities
under common control (the ultimate parent), the financial statements of the acquirer shall reflect the assets and liabilities transferred
at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the carrying value adjustments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>ii) Assets Swap</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For transactions between entities under common control
that involve the disposal or transfer of assets from the subsidiary to its parent company (i.e. above the level of the consolidated financial
statements), the Company assesses the existence of: (i) any conflicts of interest; and (ii) the economic substance and purpose of the
transaction. Having fulfilled these assumptions, the Company adopted as a policy the concepts of IAS 16 in order to provide adequate visibility
and a fair impact on the amount of distributable results to its shareholders, specially the non-controlling interest. This policy also
includes assets acquired through the swapping of non-cash assets, or swaps with a combination of cash and non-cash assets. The assets
swapped may be of the same or a different nature. The cost of such assets is measured at fair value, unless: (i) the swap transaction
is not commercial in nature; or (ii) the fair value of the asset received (and the asset assigned) cannot be reliably measured. The acquired
asset is measured in this way even if the assignor entity cannot immediately remove the asset from its books. If the acquired asset is
not measurable at fair value, its cost is determined based on the book value of the assigned asset.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Whenever assets distributed are not recorded as cash, the
asset, before distribution, is recorded at its fair value in the income account. This procedure is applicable to distributions where the
assets are of the same nature and therefore can be treated equally. However, similarly to IFRIC 17, in the absence of a specific accounting
practice for transactions under common control, the Company applies these procedures as part of its accounting practices. We also apply
the same procedures to sales (products, supplies, etc.) to its controlling entity, where the positive result of the sale is recognized
in income.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_z1MIAztWOkkg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(d)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_863_zCLwIficXUd6">Foreign currency translation</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 46.75pt 0 76.55pt; text-align: justify; text-indent: -76.55pt">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Functional and presentation currency</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The items included in the financial statements of each
subsidiary of the Company are measured using the currency of the primary economic environment in which the entity operates (the &#8220;functional
currency&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The functional and presentation currency of the Company
financial statements is the Brazilian Real.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Transactions and balances</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Foreign currency transactions are accounted for at the
exchange rates prevailing as at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated
using the balance sheet date rate. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign
exchange rate prevailing as at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies stated
at fair value are translated at the exchange rate in force as at the date on which the fair value was determined. Gains and losses arising
from the settlement of transactions in foreign currencies and resulting from the conversion of assets and liabilities denominated in foreign
currencies are recognized in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Foreign exchange gains and losses related to loans and
cash and cash equivalents are presented in the statement of income as finance expenses or finance income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Conversion of the financial statements of subsidiaries located abroad</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Assets and liabilities of subsidiaries located abroad
are translated at the foreign exchange rates prevailing at the balance sheet date, while amounts from the income statement and cash flow
are translated at the average exchange rate for the year, and changes in equity are translated at the historical exchange rate of each
transaction. Translation adjustments arising from the difference between the average exchange rates and the historical rates are recorded
directly in carrying value adjustments.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Upon consolidation, exchange differences arising from
the translation of equity in foreign operations and borrowing and other currency instruments designated as net investment hedges are recognized
in carrying value adjustments, an equity reserve, and included in other comprehensive income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Even when recorded in the acquiring entity, the goodwill
and fair value adjustments arising from the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity
and are translated at the foreign exchange rate at the balance sheet date.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Net investments in foreign operations</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">An entity may have a monetary item receivable from or
payable to a foreign operation, the settlement of which is neither planned nor likely to occur in the foreseeable future, and which does
not include trade receivables or trade payables. Exchange differences arising shall be recognized initially in other comprehensive income
and reclassified from equity to profit or loss upon the disposal of the net investment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_23F_z4ltn85t3bV9" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23C_zH5fTZSjMfe6" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Financial reporting in hyperinflationary economies</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Under IAS 29, the non-monetary assets and liabilities,
the equity and the income statement of subsidiaries operating in hyperinflationary economies are restated to reflect changes in the general
purchasing power of the local currency by applying a general price index. The financial statements of an entity whose functional currency
is the currency of a hyperinflationary economy, whether using the historical costs approach or the current costs approach, shall be stated
in terms of the unit of measurement in force at the end of the reporting period, and translated into Reais at the closing rate for the
period.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Exchange rates</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The most significant exchange rates used for the preparation
of the Company&#8217;s financial statements are as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_893_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_pn5n6_zyBdoKLTICMl" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Significant Exchange Rates (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B1_zEnxg99tLybk" style="display: none">Schedule of exchange rates</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Closing rate</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Currency</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Name</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Country</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
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  <tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">CAD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canada</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zi7BimUtWvO9" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">3.8540</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zBlA5Pmqwf22" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">4.3914</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zrQItQhd565c" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">4.0791</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zQH3bsWltl0d" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">3.9807</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zFWFzuVjZe3h" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">4.2960</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zXtdXsR9Dbe9" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">3.6414</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">DOP</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican republic</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_ztA7UeCXTbJi" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0925</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zwn5AodgMVH6" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0970</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zAJv5r4ko3h3" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0891</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_z7ioMFwf5NJk" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0937</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zSZKMyiaw9Pd" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0938</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zRGYwqkA0Hj" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0885</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">USD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panam&#225; and Cuba</span></td>
    <td id="xdx_985_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_z0ZEbFSvUmEk" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_USDollarsSpentInPanamaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">5.2177</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zkeMH0RxS6Ji" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_USDollarsSpentInPanamaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">5.5805</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zBtpSBOeKav7" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_USDollarsSpentInPanamaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">5.1967</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zx3wvrAppGGd" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_USDollarsSpentInPanamaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">5.1644</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zsCkatDgbO3b" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_USDollarsSpentInPanamaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">5.3687</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zyVEC1OhJsCi" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_USDollarsSpentInPanamaAndCubaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">4.9348</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">GTQ</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Quetzal</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guatemala</span></td>
    <td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zCURG35pP0rk" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_QuetzalSpentInGuatemalaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.6623</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zyoexf1LC4p5" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_QuetzalSpentInGuatemalaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.7201</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zd2zkg83Eci" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_QuetzalSpentInGuatemalaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.6700</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zFhS5EoVK9m3" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_QuetzalSpentInGuatemalaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.6649</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zwyMY1qLFwH6" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_QuetzalSpentInGuatemalaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.6954</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_z3WPJxG65KT2" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_QuetzalSpentInGuatemalaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.6405</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ARS</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentinean Peso&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentina</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zylWLlVSXDa1" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_ArgentineanPesoSpentInArgentinaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0295</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zPEeciaXVoy3" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_ArgentineanPesoSpentInArgentinaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0543</ix:nonFraction>&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zHEYHtPTwtoa" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_ArgentineanPesoSpentInArgentinaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0403</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgkwh3UdJzCa" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_ArgentineanPesoSpentInArgentinaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0568</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgN3g0DKvXr" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_ArgentineanPesoSpentInArgentinaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0750</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">BOB</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivian Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivia</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zBz4sXP8V9Df" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_BolivianPesoSpentInBoliviaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.7497</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zbZlXVA3yDe6" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_BolivianPesoSpentInBoliviaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.8018</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zsNzHQY9D5J6" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_BolivianPesoSpentInBoliviaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.7467</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zVN6OSBkl2ee" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_BolivianPesoSpentInBoliviaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.7420</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zMtJ8LjYOOT" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_BolivianPesoSpentInBoliviaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.7714</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zke75CRqTBY" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_BolivianPesoSpentInBoliviaMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.7090</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">PYG</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guarani</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Paraguay</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zMEbH61vsw1b" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_GuaraniSpentInParaguaiMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0007</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zaXvytr4S1Sj" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_GuaraniSpentInParaguaiMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0008</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zsw1PNeveGzb" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_GuaraniSpentInParaguaiMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0007</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_z0ll1VugHQmg" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_GuaraniSpentInParaguaiMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0007</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIF4OT8fEMR6" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_GuaraniSpentInParaguaiMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0008</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIUCmGn2IImi" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_GuaraniSpentInParaguaiMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0007</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">UYU</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguayan Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguay</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zPQRG0HOaLx3" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_UruguayanPesoSpentInUruguayMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.1302</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zQ4pnjnXvjMd" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_UruguayanPesoSpentInUruguayMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.1249</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zqmxHVXoFAyg" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_UruguayanPesoSpentInUruguayMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.1227</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zY8UeRCFeYw4" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_UruguayanPesoSpentInUruguayMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.1253</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zbaaqDNfxiWj" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_UruguayanPesoSpentInUruguayMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.1236</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zSSokHVpDael" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_UruguayanPesoSpentInUruguayMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.1218</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">CLP</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Chilean Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Chile</span></td>
    <td id="xdx_987_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zK6v1qxBeOwh" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2022-12-31_custom_ChileanPesoSpentInChileMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0061</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zDv8Icr2Mqk3" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2021-12-31_custom_ChileanPesoSpentInChileMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0066</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zrjoSAEN3fCh" title="Closing rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:ClosingForeignExchangeRate" contextRef="AsOf2020-12-31_custom_ChileanPesoSpentInChileMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0073</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zg0unEmLab8c" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2022-01-012022-12-31_custom_ChileanPesoSpentInChileMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0059</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_z7gD6RaZmk44" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2021-01-012021-12-31_custom_ChileanPesoSpentInChileMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0071</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zOknUNBSP1r" title="Average rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:AverageForeignExchangeRate" contextRef="From2020-01-012020-12-31_custom_ChileanPesoSpentInChileMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">0.0062</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">BBD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Barbadian Dollar</span></td>
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</ix:nonNumeric><p id="xdx_8A6_zA1wuxfda8ug" style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zaUKyhizArj1" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(e)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86B_zGUHXU4GLhX1">Segment reporting</span></b></span></td></tr></table>

<p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Reportable segments are identified based on the internal
reporting regularly reviewed by the chief operating decision maker of the Company, the Chief Executive Officer, for the purpose of evaluating
the performance of each segment and allocating resources to those segments. Accordingly, segment information is presented by geographical
area, since the risks and rates of return are affected predominantly by the fact that the Company operates in different regions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Performance information by business unit (Beer and Non-alcoholic
beverages (&#8220;NAB&#8221;)), is also presented to the Company&#8217;s chief decision maker and is disclosed as additional information,
even though it does not qualify as a segment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company conducts its operations across four business
segments, as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Brazil, where the Company operates two business
subunits: (i) beer and (ii) non-alcoholic beverages (NAB);</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Central America and Caribbean (&#8220;CAC&#8221;),
which includes direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador,
Nicaragua and Honduras), Barbados and Panama;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Latin America South (LAS), which includes operations
in Argentina, Bolivia, Chile, Paraguay and Uruguay; and</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Canada, represented by the operations of Labatt
Brewing Company Ltd.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:RevenueRecognitionPolicyTextBlock"><p id="xdx_84E_ecustom--RevenueRecognitionPolicyTextBlock_z8bfwIZtELQg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(f)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86E_zwlU8ZsdZwQh">Revenue recognition</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes revenue when the amount of revenue
can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the Company, as described
below.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue represents the fair value of the amount received
or receivable upon the sale of products or the rendering of services in the ordinary course of business. Revenue is presented net of taxes,
returns, rebates and discounts, as well as net of the elimination of sales between group companies.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Goods sold</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Revenue is measured based on the consideration which the
Company expects to have the right to receive in contracts with customers and excludes amounts collected on behalf of third parties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue recognition is based on the five-step approach
of IFRS 15 - &#8220;Revenue from Contracts with Customers&#8221;:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"></td><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Identification of the contract with a customer;</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 21.3pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"></td><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Identification of the performance obligations in the contract;</span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"></td><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Determination of the transaction price;</span></td></tr></table>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 36pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"></td><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Allocation of the transaction price to the performance obligations in the
contracts; and</span></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"></td><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Revenue recognition when the performance obligations have been satisfied,
meaning when the company transfers control of a product to a customer.</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_237_zfDrN4MnlS53" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23F_z7PJzfACsBgj" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue from the sale of goods is measured at the amount
that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant
variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. These
trade incentives are treated as variable considerations. If the consideration includes a variable component, the company estimates the
amount of consideration to which it will be entitled for transferring the promised goods or services to the customer. A variable consideration
is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant
future reversals when the respective uncertainty is resolved.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Finance income</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Finance income consists of interest received or receivable
on funds invested, monetary updates arising from legal disputes, foreign exchange gains, gains on currency hedging instruments intended
for offsetting currency losses, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial
assets classified as at fair value through profit or loss, and as any gains due to hedge ineffectiveness.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Interest income is recognized on an accruals basis unless collectability is in
doubt.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory"><p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForExpensesExplanatory_zOQuARZan3Kb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(g)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_860_z5ykyQJUCbF1">Expenses</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Finance expenses</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Finance expenses comprise interest payable on borrowing,
calculated using the effective interest rate method, present value adjustment for trade payables, foreign exchange losses, losses on
currency hedging instruments intended for the offsetting of currency gains, results on interest rate hedging instruments, losses on hedging
instruments that are not part of a hedge accounting relationship, losses on financial assets classified as held for trading, impairment
losses on financial assets classified as available for sale, and any losses due to hedge ineffectiveness.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">All interest costs incurred in connection with borrowing
or financial transactions are expensed as incurred as part of finance expenses, except when capitalized. Any difference between the initial
amount and the maturity amount of interest-bearing loans and borrowing, such as transaction costs and fair value adjustments, are recognized
in the income statement over the expected life of the instrument based on the effective interest rate method. The interest expenses component
of finance lease payments is also recognized in the income statement using the effective interest rate method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_23F_zMA7e19NNB66" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23A_zcqFndwp1M" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Royalty expenses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Royalties are classified as cost of goods sold.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForExceptionalItemsExplanatory"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForExceptionalItemsExplanatory_zIxm7qw063Tb" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(h)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_zQPlFtUaejC7">Exceptional items</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Exceptional items are those that, because of their peculiarities,
in Management&#8217;s judgment need to be disclosed separately. In determining whether an event or transaction is exceptional, Management
considers quantitative as well as qualitative factors such as the frequency or predictability of occurrence, and the potential impact
on the variations in profit or loss. These items are disclosed in the income statement or separately disclosed in the notes to the financial
statements. Transactions that may give rise to exceptional items are principally restructuring activities, amnesties,&#160;acquisitions
of subsidiaries, impairment losses, and gains or losses on disposal of assets and investments.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory"><p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForIncomeTaxExplanatory_z57BH14X0LMe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(i)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86D_zycBokshiFql">Income tax and social contribution</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Income tax and social contribution for the year comprises
current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless they relate to items recognized
directly in comprehensive income or other equity accounts. In these cases, the tax effect is also recognized directly in comprehensive
income or equity account (except interest on shareholder&#8217;s equity. See Note 3 (q)).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The current tax expense is the expectation of payment
on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet date, and any adjustment to
tax payable in respect of previous years.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Deferred taxes are recognized using the balance sheet
liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible temporary differences
between the tax and accounting basis of assets and liabilities. Under this method, a provision for deferred taxes is also calculated
on the differences between the fair value of assets and liabilities acquired in a business combination and their tax basis. IAS 12 prescribes
that no deferred tax liability on goodwill recognition, and no deferred tax asset/liability is recorded: (1)&#8239;at the initial recognition
of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting
nor taxable profit or loss and (2) on differences related to investments in subsidiaries to the extent that they are not reversed in
the foreseeable future. The amount of deferred tax provided is based on the expectation of the realization or settlement of the temporary
difference, using currently or substantially enacted tax rates. Deferred tax assets and liabilities are offset if there is a legally
enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the
same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis,
or to realize the assets and settle the liabilities simultaneously.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The deferred tax asset is recognized only to the extent
that it is probable that future taxable profits will be available. The deferred income tax asset is reduced to the extent that it is no
longer probable that the future taxable benefit will occur.</p>

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    <div id="xdx_23E_zZzu4og5Pogd" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_235_zXquTppgPzcj" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Furthermore, the Company applies the provisions of IFRIC 23
- Uncertainty on the Treatment of Income Taxes, in relation to the treatments that affected the calculation of income taxes (uncertain
tax treatments), as disclosed in note 30 &#8211; <i>Contingencies</i> &#8211; Uncertainties about treatment of IRPJ and CSLL.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zJxmcbHtQkm4" style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(j)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86C_zJmmmn8t5uZ7">Property, plant and equipment</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Property, plant and equipment are measured at cost less
accumulated depreciation and impairment losses. The cost includes the purchase price, borrowing costs incurred during the construction
period and any other costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of
operating in the manner intended by management (e.g. nonrefundable tax, transportation and the costs of dismantling, removal and site
restoration, if applicable). The cost of a self-constructed asset is determined using the same principles as an acquired asset. The depreciation
methods, residual value, and the useful lives are reassessed and adjusted if appropriate, on an annual basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Borrowing costs directly attributable to the acquisition,
construction or production of qualifying assets are capitalized as part of the cost of such assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Land is not depreciated since it is deemed to have an indefinite useful life.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">Property, plant and equipment, and depreciation include the effects of using
the predecessor basis of accounting (Note 3 (c)).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Subsequent expenditure</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes in the carrying amount of an item
of property, plant and equipment the cost of replacing a component of such an item if it is probable that the future economic benefits
of the component will flow to the Company and the cost of the component can be measured reliably. All other costs are expensed as incurred.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Depreciation</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The depreciable amount is the cost of an asset less its
residual value. The residual values, if significant, are reassessed annually. Depreciation is calculated from the date on which the asset
is available for use, using the straight-line method over the estimated useful lives of the assets. The right-of-use assets are depreciated
over the term of each contract.</p>


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    <div id="xdx_233_zHd9BMRkVsBj" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_236_zUwfHad0bNB1" style="text-align: center">&#160;</td></tr></table></div>
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<ix:exclude><p id="xdx_23D_zjTSKzDRfLy3" style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The estimated useful lives of the major classes of property,
plant and equipment are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_890_ecustom--DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_pn5n6_z9NgQXrjSfa2" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Major Property, Plant and Equipment (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
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    of estimated useful lives</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; width: 73%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Buildings</span></td>
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</ix:nonNumeric><p id="xdx_8A3_z8QQiYX3waVh" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The assets&#8217; residual values and useful lives are
reviewed when necessary. Management uses its judgment to assess and ascertain the useful lives of these assets.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Gains and losses on sale</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Gains and losses on sales are determined by comparing
the results with the carrying amounts and are recognized in other operating income/(expenses) in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Leases</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">With the adoption of IFRS 16 &#8211; <i>Leasings</i>,
the Company began to recognize a right-of-use asset and a liability at the date of the beginning of the lease term.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes the right-of-use asset and a
corresponding lease liability related to all lease contracts which is the lessee, except for short-term leases (defined as leases
with terms of <span id="xdx_907_esrt--MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1_dtM_c20220101__20221231_zMf9sOkY1Km4" title="Lease term"><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" format="ixt-sec:durmonth" name="srt:MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1">12</ix:nonNumeric></span>-month
or less) and leases of low value assets, that comprehend goods with value equal or below US$<span id="xdx_901_eifrs-full--RightofuseAssets_iI_pn5n6_uUSD_c20221231_z9QfkWFNz672" title="Right of use asset"><ix:nonFraction name="ifrs-full:RightofuseAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="USD">5,000.00</ix:nonFraction></span>.
To these leases, the Company recognizes the lease payments as operating expense during the lease course.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Currently, the main leases by the Company are related
to trucks, forklifts, real estate, commercial vehicles and industrial equipment contracts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The lease liability is initially measured at lease
payments present value, discounted by using the rate implicit in the lease. If the rate cannot be promptly determined, the Company
uses its incremental loan rate specific for the country, deadline and currency of the contract or other local criteria.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Lease payments include fixed payments, less any lease
incentives, variable lease payments that depend on an index or known rate at the commencement date, and purchase options or extension
options payments if the Company is reasonably certain to exercise these options. All contracts establish an annual readjustment of payments
according to the rates established in the contract.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_237_zFb7cL8EpPoh" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_235_zcc0dRSBNtU5" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A lease liability is remeasured upon a change in the
lease term or on the future payments and the corresponding adjustment is also made in right-of-use assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies IAS 36 to determine if right-of-use
asset are subject to impairment and to record eventual losses by impairment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The lease liability is disclosed in the &#8220;Interest-bearing
loans and borrowing&#8221; line and the right-of-use assets are disclosed in the &#8220;Property, plant and equipment&#8221; line of the
balance sheet.</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForGoodwillExplanatory_zdbIfko24jdb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(k)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_z0vwo8MjOBpa">Goodwill</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill arises on acquisitions of subsidiaries, associates,
and joint arrangement and it is determined as the excess between the sum of (i) the consideration paid in exchange for control of the
acquiree; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition
date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired and liabilities assumed,
measured in accordance with IFRS 3 - &#8220;Business Combinations&#8221; as at the date of acquisition. All business combinations are
accounted for using the purchase method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In compliance with IFRS 3 - &#8220;Business Combinations&#8221;,
goodwill is carried at cost and not amortized, but is tested for impairment at least annually, or whenever there are indications that
the cash generating unit (&#8220;CGU&#8221;) to which the goodwill has been allocated could be impaired. Impairment losses recognized
on goodwill are not reversed. Gains and losses on the disposal of an entity include the carrying amount of goodwill relating to the entity
sold.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill is expressed in the functional currency of the
CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">If the Company&#8217;s interest in the net fair value
of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business combination, such excess
is recognized immediately in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Expenditure on internally generated goodwill is expensed as it is incurred.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Goodwill includes the effects of applying the predecessor basis of accounting (Note
3 (c)).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For associates and joint ventures, goodwill is included
in the carrying amount of the investment in the associate/joint venture.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<ix:exclude><p id="xdx_23D_zSCyvsWG2FA6" style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p></ix:exclude>


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    <div id="xdx_239_zOtjzPbf3AL1" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_239_zP8V7t8ZUF3k" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_23A_zHqAsTPjbc58" style="margin-top: 0; margin-bottom: 0">&#160;</p></ix:exclude>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_zZS1Cz5dvej1" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(l)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_866_zUYaUH8Zj2E5">Intangible assets</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Brands</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a portion of the consideration paid in a business
combination relates to brands, this is recognized in a specific intangible assets account, and measured at fair values as at the acquisition
date. Subsequently, the value of brands can be reduced in the case of impairment losses. Internally generated expenditure for brand development
is recognized within expenses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Software</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Purchased software is measured at cost less accumulated
amortization. Amortization related to software is included in the cost of sales, commercial expenses or administrative expenses, based
on the business activity which the software is intended to support.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The expenditures related to software maintenance
are recognized as expense, as incurred. The expenditures with development, as the expenditures with employees allocated in software
development, which are directly attributed to identifiable and exclusive software, controlled by the Company, are recognized as
intangible assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Commercial intangibles</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company records supply rights, which consists in
the Company's right to supply a customer and the customer's commitment to purchase the Company's products, and distribution rights which
are the rights to sell specific products in a certain territory.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Other intangible assets</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Other intangible assets, acquired by the Company, including
multi-year sponsorship rights, are measured at cost less accumulated amortization and impairment losses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Amortization</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Intangible assets with definite useful lives are amortized
on a straight-line basis over their estimated useful lives. Licenses, supply, and distribution rights are amortized over the period for
which the rights exist, based on the contract terms, which vary, in general, from 1 to 8 years. Brands are considered to have indefinite
lives, and therefore, are not amortized. Software and capitalized development costs related to technology are amortized over a period
of 3 to 5 years.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Items that are not amortized are tested for impairment on an annual basis.</p>

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    <div id="xdx_23E_zEr4jkGcIsR1" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23D_zkfRCACNPhsg" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Gains and losses on sale</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Net gains on sale of intangible assets are presented
in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses
are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable,
the associated costs can be estimated reliably.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock"><p id="xdx_845_ecustom--DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock_zeIawALtSWka" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><b>(m) <span id="xdx_866_zC0FGNkSlbw8">Recognition of assets
and liabilities relating to extemporaneous tax debits or credits</span></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The accounting policy applied by the Company considers
the extemporaneous tax credits and&#160;debits of any nature as determined by IAS 37 - <i>Provisions, Contingent Liabilities and Contingent
Assets</i>, except for income taxes, which the Company applies the policy disclosed in item (i) &#8211; <i>Income tax and social
contribution</i> of this note.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Credits are recognized only when Management has elements
that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient reliability to enable
it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be reliably measured, the
amounts are not recognized in the account, but presented in Note 30 - <i>Contingencies</i> related to contingent assets. Management understands
that, in cases of lawsuits involving contingent assets, a final and unappealable decision on the specific lawsuit of the Company is required
to confirm the existence of its rights, except where specific circumstances pertinent to the case allow the recognition of its rights
with sufficient objectivity and reliability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Debits are recognized only when (i) these are based on
a past event; (ii) there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will
be required; and (iv) the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot
be sufficiently reliably measured, the amounts are presented in Note 30 - Contingencies.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Contingent assets and liabilities are assessed periodically
to ensure that they are appropriately reflected and disclosed in the financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From October 1, 2020, the accounting policy for the recognition
of assets and liabilities of <span style="color: black">extemporaneous</span> tax credits and&#160;debits of any nature to record as
&#8220;Other operating income/(expenses)&#8221;, with an exception for amnesty payments, accounted for as exceptional items, given their
one-off nature.</p>

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<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(n)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_zsAT0ABc8nYi">Inventory</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Inventory is initially recorded at the acquisition cost
and subsequent valued at the lower of their cost and net realizable value. Cost includes expenditure incurred to acquire the</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">inventory and bring it to the location and condition required
for use. The weighted average method is used to determine the cost of inventory.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The cost of finished products and work in progress includes
raw materials, other production materials, direct labor, other direct costs, gains and losses on derivative financial instruments, and
an allocation of fixed and variable overheads based on the normal operating capacity. Fixed costs not allocated or idle costs not held
in inventory, are recognized directly in the income statement, as determined by IAS 2.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The amount of inventory is reduced on a case-by-case
basis if the anticipated net realizable value declines below the carrying amount. The net realizable value is the estimated selling price
in the ordinary course of business, less the costs of bringing the inventory to the condition required for sale, and the selling costs.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The calculation of the net realizable value takes into
consideration the specific characteristics of each category of inventory, such as the expiry date, the remaining shelf life, and any indicators
of slow-moving inventory, amongst others.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions for impairment losses are constituted, when
necessary, in compliance with write-offs, slow moving and obsolete inventory of the Company&#8217;s policies.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_zTjGkcfZjkUj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(o)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_862_zhBlHqALVr9l">Trade receivables</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Trade receivables are amounts due from customers for
goods sold or services performed in the ordinary course of business. Trade receivables are recognized initially at the amount of the unconditional
consideration, unless they contain significant financing components, in which case they are recognized at fair value. The Company holds
trade receivables with the objective of collecting the contractual cash flow, and therefore measures them subsequently at amortized cost
using the effective interest rate method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies the IFRS 9 simplified approach to
measuring expected credit losses whereby impairment allowances for trade receivables are measured upon initial recognition on the basis
of the expected 12-month credit losses. This is primarily based on past experience of credit losses, current data on overdue receivables
and credit score information. Prospective information (such as forecast economic performance indicators) is also taken into consideration
if, based on past experience, such indicators show a strong correlation with actual credit losses. Typically trade receivables which are
outstanding for more than 90 days are fully provisioned.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Other assets are mainly composed of loans to customers,
cash deposits on guarantees and tax receivables. These instruments are initially recognized at fair value and subsequently measured at
amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_231_zmTTgwfObXI9" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_zvSFD0iauD8k" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">If the receivable term is equivalent to one year or less,
the accounts receivable are classified as current assets. Otherwise, they are presented as non-current assets.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_z5iXIgkym9E5" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(p)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_864_zQ7t787mPmd7">Cash and cash equivalents</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cash and cash equivalents include all cash balances,
bank deposits, and short-term highly liquid investments with an insignificant risk of changes in value which are readily convertible into
cash. They are stated at their face value, which approximates the fair value.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For the purpose of the cash flow statement, cash and
cash equivalents are presented net of bank overdrafts, when applicable.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_zMBLf2A93x1" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(q)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_z2hWnPwuK7Fc">Equity</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Issued capital</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The Company's issued capital consists only of common shares.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Repurchase of shares</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When the Company repurchases its own shares, the amount
paid, including any directly attributable additional costs is recognized as deductions from equity attributable to shareholders, in the
line item &#8220;treasury shares&#8221;.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Share issuance costs</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Incremental costs directly attributable to the issuance
of new shares or options are presented in equity as a deduction, net of tax, from the proceeds.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Dividends and interest on shareholder&#8217;s equity</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Dividends and interest on shareholders&#8217; equity
are recognized in liabilities from the date on which they are approved by a Board of Directors&#8217; Meeting, except for the minimum
statutory dividends provided for under the Company&#8217;s bylaws, which are recognized as a liability, when applicable, at the end of
each fiscal year.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The interest expense attributable to capital to shareholders
is recognized in income for the purposes of the calculation of Brazilian income and social contribution tax, and is subsequently reclassified
from shareholders' equity for presentation purposes in the financial statements.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory"><p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zfP1hbCRKZd9" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(r)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_866_zTvUiwBpEenj">Interest-bearing loans and borrowings</span> </b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_230_zYrA8BJYTTh3" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_zaAiH0uZ0Nr5" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Interest-bearing loans and borrowing are recognized initially
at fair value less attributable transaction costs. Subsequent to their initial recognition, interest-bearing loans and borrowing are stated
at amortized cost, with any differences between the initial and maturity amounts recognized in the income statement over the expected
life of the instrument on an effective interest rate basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Borrowing costs directly related to the acquisition,
construction or production of a qualifying asset which requires a substantial period of time to prepare for its intended use or sale,
are capitalized as part of the cost of that asset when it is probable that the future economic benefits associated with the item will
flow to the Company, and the costs can be measured reliably. Other borrowing costs are recognized as finance expenses in the period in
which they are incurred.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory"><p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_zi3bZZBZFsNj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(s)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_zKtXhCKrD5y9">Employee benefits</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Post-employment benefits</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Post-employment benefits include pensions managed in
Brazil by Instituto Ambev de Previd&#234;ncia Privada (&#8220;IAPP&#8221;), post-employment dental benefits and post-employment medical
benefits managed by Funda&#231;&#227;o Zerrenner. Usually, pension plans are funded by payments made by both the Company and its participants,
considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment medical benefit obligations
are funded using the returns on the assets of the Funda&#231;&#227;o Zerrenner plan. If necessary, the Company may contribute some
of its profits to Funda&#231;&#227;o Zerrenner.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company manages defined benefit and/or defined contribution
plans and/or medical and dental assistance plans for the employees of its companies located in Brazil and its subsidiaries located in
the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The Company maintains both funded and unfunded plans.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>s.1) Defined contribution plans</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A defined contribution plan is a pension plan under which
the Company pays fixed contributions into a fund. The Company has no legal or constructive obligations to pay further contributions if
the fund does not hold sufficient assets to pay all employees for the benefits relating to their service in the current and prior periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">The contributions to these plans are recognized as expenses in the period
during which they are incurred.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>s.2) Defined benefit plans</b></p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Typically, defined benefit plans define an amount of
pension benefit that an employee will receive upon retirement, usually dependent on one or more factors such as age, years of service
and compensation level.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For defined benefit plans, expenses are assessed separately
for each plan using the projected credit unit method. The projected credit unit method takes into account that each period of service
gives rise to an additional unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions
is charged to the income statement over the period of service of the employee. The amounts charged to the income statement consist of
current service costs, interest costs, past service costs and the effect of any agreements and settlements. The obligations of the plan
recognized in the balance sheet are measured at the present value of the estimated future cash outflows using a discount rate equivalent
to the government&#180;s bond rates with maturity terms similar to those of the respective obligation and the fair values of the plan
assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Past service costs arise from the introduction of a new
plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier of: (i) when the settlement/curtailment
occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless those changes are conditional upon
the employee&#8217;s continued employment, for a specific period of time (the period in which the rights are acquired). In such cases,
past services costs are amortized using the straight-line method over the period during which the rights were acquired.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Actuarial gains and losses consist of the effects of
differences between the previous actuarial assumptions and the actual results, and the effects of changes in actuarial assumptions. Actuarial
gains and losses are fully recognized in carrying value adjustments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Remeasurements, representing actuarial gains and losses,
the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized in full in the period in which
they occur in the statement of comprehensive income. Remeasurements are not reclassified to profit or loss in subsequent periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When the amount of the defined benefit obligation is
negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic benefit available
to the Company either from refunds or reductions in future contributions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Other post-employment obligations</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and some of its subsidiaries provide post-employment
medical benefits, the reimbursement of medication expenses and other benefits to certain retirees. These benefits are not granted to new
retirees. The expected costs of these benefits are</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">recognized over the period of employment, using an accounting
methodology like that for defined benefit plans, including actuarial gains and losses.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Termination benefits</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Termination benefits are recognized as expenses at the
earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal, to a formal detailed plan to
terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related to restructuring.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Bonuses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Bonuses granted to employees and managers are
based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period
during which the bonus is earned.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zAokwfOh8ER7" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(t)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86D_zDWLNJqTcst3">Share-based payments</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Different share and share option programs allow management
and other members appointed by the Board of Directors and People Committee, as each case, to acquire shares in the Company as in Note
25 - <i>Share-based payments</i>.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory"><p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_zSTF8RtFpTna" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(u)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_zhody9nffTbl">Trade payables</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Trade payables are recognized initially at their fair
values and subsequently at amortized cost using the effective interest method. When relevant, trade payables values are adjusted by their
present value, considering the following assumptions to calculation: (i) the amount to be discounted; (ii) the settlement dates; and (iii)
the discount rate, in accordance with IFRS 13.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zxABTiHcfOz7" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><span style="font-size: 12pt"><b>(v)</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;
</span><span style="font-size: 12pt"><span id="xdx_869_zCQkImPBKGhf">Provisions and contingent liabilities</span></span></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions are recognized when: (i) the Company has a
present obligation (legal or constructive) as a result of past events; (ii) it is likely that a future disbursement will be required to
settle the current obligation; and (iii) the amount of the obligation can be estimated reliably.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions, except for those mentioned in the line item
Disputes and litigation, are determined by discounting the expected future cash flow, to a pre-tax rate, which reflects the current market
assessments of the time value of money and, where appropriate, the risks specific to the liability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Restructuring</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A provision for restructuring is recognized when the
Company has approved a detailed restructuring plan, and the restructuring has either commenced or been announced. Costs relating to the
ongoing and future activities of the Company are not provided for but are recognized when expenses are incurred. The provision includes
the benefit commitments in connection with early retirement and redundancy schemes.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Disputes and Litigations</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A provision for disputes and litigation is recognized
when it is more likely than not that the Company will be required to make future payments as a result of past events. Such items may include
but are not limited to, claims, suits and actions filed by or against the Company relating to antitrust laws, violations of distribution
and license agreements, environmental matters, employment-related disputes, claims from the tax authorities, and other matters.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Contingent liabilities</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have tax, civil and
labor lawsuits defined as contingent liabilities, according to IAS 37, for which no provisions have been recorded, due to the judgment
by management for developing the estimate. Possible contingent liabilities are not recognized but are disclosed in note 30 - <i>Contingencies</i>.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The contingent liabilities with remote possibility of
outflow in settlement are not disclosed, as the possibility of any disbursement in the settlement is remote, in accordance with IAS 37.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From the fourth quarter of 2022 onwards, the nomenclature
of the accounting policy &#8220;provisions&#8221; was changed to &#8220;provisions and contingent liabilities&#8221;.</p>


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<table cellpadding="0" cellspacing="0" style="font: 12pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><b>(w)</b></td><td style="text-align: justify"><b><span id="xdx_86D_zmMaNSk2sl56">Financial Instruments and hedge accounting</span></b></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Classification and Measurement</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company uses financial instruments to implement its
risk management strategy and policy. Derivatives are generally used to mitigate the impact on the Company&#8217;s performance due to changes
in foreign currencies, interest rates, equity prices and commodity prices. The Company&#8217;s financial risk management policy prohibits
the use of derivatives not related to the Company&#8217;s core business.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Financial assets (except for accounts receivable without
a significant financing component) or financial liabilities are initially measured at fair value, plus, for an item not measured at fair
value through profit or loss, transaction costs directly attributable to their acquisition or issue. Accounts receivable without a significant
financing component are initially measured at the transaction price.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Upon initial recognition, a financial asset is classified
either: (i) at amortized cost; (ii) at fair value through other comprehensive income - debt instruments; (iii) at fair value through other
comprehensive income - equity instruments; or (iv) at fair value through profit or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Financial assets are not reclassified subsequently to
initial recognition, unless the Group changes the business model for the management of financial assets, in which case all impacted financial
assets are reclassified on the first day of the post-change business model.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The classification of the Company&#8217;s financial assets
is as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Debt instruments at fair value through other
comprehensive income, with gains or losses recycled to profit or loss upon derecognition. Financial assets in this category quoted debt
instruments held by the Company in line with its business model either to collect cash flow or for sale.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Equity instruments designated as at fair value
through other comprehensive income, with no recycling of gains or losses to the profit or loss upon derecognition. This category only
includes equity instruments which the company intends to hold for the foreseeable future, and which it has irrevocably elected to classify
thus upon their initial recognition or transition. These instruments are not subject to impairment testing.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Financial assets and liabilities at FVPL: comprise
derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments with cash
flow characteristics which are not held within a business model with the objective either to collect contractual cash flow, or both to
collect contractual cash flow and for sale.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The measurement of the Company&#8217;s financial assets
is as follows:</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company designates certain derivatives as hedging
instruments to hedge the risk related to the variability of foreign exchange rates, interest rates and commodity prices. Derivative financial
instruments, that are contracted to protect against the exposure but that do not meet all of the hedge accounting requirements, will
be recognized at fair value through profit or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Derivative financial instruments are initially recognized
at fair value. The fair value is the value at which an asset can be realized, or a liability settled, between knowledgeable and willing
to negotiate parties of such financial instruments&#8217; characteristics under normal market conditions. The fair value of derivative financial
instruments can be obtained from market prices or from pricing models that reflect current market rates, as well as the credit quality
of the counterparty.</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Subsequent to initial recognition, derivative financial
instruments are remeasured to their fair value as at the date of the financial statements. Changes in the fair values of derivative financial
instruments are recognized in current income, except when these instruments are cash flow hedges or net investment hedges, where portions
of gains or losses on the hedge instrument defined as effective hedges are recognized in comprehensive income. The hedge designated instrument
is the effective element present in the term contract, of which only the present element value change is recognized in comprehensive income.
The term element, which can be separated and excluded from the financial instrument designation as hedge instrument is recognized in financial
result, in accordance with IFRS 9 - <i>Financial Instruments</i>.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company contracts commodities derivatives which have
similar terms to the hedged items. The Company applies component hedging to its commodities. The hedged component is contractually specified
and matches with what is defined in the derivative contract, and therefore the hedge ratio is always 1:1. Hedge effectiveness is assessed
on a qualitative basis. Whenever the terms do not match, the company uses the hypothetical derivatives method to assess the hedge effectiveness.
Therefore, usually causes of ineffectiveness include changes in the timing of forecast transactions, changes in the quantity of the commodity
to be hedged, or changes in the credit risk of either party to the derivative contract.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Cash flow hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cash flow hedges are used to protect the cash flow exposure
of a recorded asset or liability, or the foreign currency risk or commodity price variations associated with a highly probable transaction,
the effective portion of any (gain or loss) on the derivative financial instrument is recognized directly in the comprehensive income
statement (cash flow hedge reserve), and will be reclassified from the cash flow hedge reserve to the same line item within which and
the same period during which the cash flow futures were hedged. The ineffective portion of any gain or loss is recognized immediately
in the current income statement, in the financial result.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a hedging instrument or a hedging relationship is
terminated, but the hedged transaction is still expected to occur, the cumulative gains and losses (up to the date of termination) remain
within comprehensive income, being reclassified in accordance with the above practice, when the transaction being protected occurs. If
the hedged transaction is no longer probable, the accumulated gains and losses recognized in comprehensive income are reclassified immediately
to the current income statement.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Fair value hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a derivative is intended to hedge the variability
in the fair value of a recognized asset or liability, or of a firm commitment, any resulting (gain or loss) on the hedging</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">instrument is recognized in profit or loss. The carrying amount
of the hedged item is also adjusted for changes in the fair value related to the risk being hedged, with any gain or loss being recognized
in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Net investment hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a non-derivative foreign currency liability hedges
a net investment in a foreign operation, exchange differences arising on the translation of the liability into the functional currency
are recognized directly in other comprehensive income (translation reserves). Any ineffectiveness is recognized immediately in profit
or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a derivative financial instrument hedges a net investment
in a foreign operation, the portion of the gain or loss on the hedging instrument that is determined to be effective is recognized directly
in other comprehensive income (translation reserves), while the ineffective portion is reported in profit or loss.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Derivatives at fair value through profit or loss</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Certain derivative financial instruments do not qualify for
hedge accounting. Changes in the fair values of any of those derivative financial instruments are recognized immediately in profit or
loss.</p>

<p style="font: 12pt/107% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Impairment of financial assets </b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">On an annual basis, Management performs impairment testing
for financial assets or groups of financial assets. If a trigger event occurs, a financial asset or group of financial assets will be
deemed to be impaired. An asset or group of financial assets is deemed impaired, and impairment losses are recorded, only if there is
evidence of impairment as a result of one or more events occurring after the initial recognition of the assets (a &#34;loss event&#34;)
and that event (or events) has an impact on the estimated future cash flow from the financial asset or group of financial assets, and
can be estimated reliably.</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"><p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_z72vNy3T4VZe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(x)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_868_z67WhR6ENAra">Impairment of non-financial assets</span></b></span></td></tr></table>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The carrying amounts of non-financial assets, such as
property, plant and equipment and intangible assets with defined useful lives are reviewed, at least, at each reporting date to determine
the existence of any indication of impairment. If there is any indication, the asset&#8217;s recoverable amount is estimated, and the
non-recoverable amount is recognized as an impairment in the income statement.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The goodwill and intangible assets with indefinite
useful life are tested for impairment on an annual basis, regardless of any indication, by comparing its accounting value with its
recoverable value.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill, intangible assets not yet available for use,
and intangibles with indefinite useful lives, are tested for impairment at the business unit level (one level below the reportable segment
level) at least annually, or whenever there is any indication of impairment.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">An impairment loss is recognized whenever the
carrying amount of an asset or the related cash-generating unit (&#8220;CGU&#8221;) exceeds its recoverable amount. Impairment
losses are recognized in the income statement. Intangible assets with an indefinite useful life are tested on a fair value approach
applying multiples that reflect current market transactions to indicators that drive the profitability of the asset or the royalty
stream that could be obtained from licensing the intangible asset to another party in an arm&#8217;s length transaction.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The recoverable amounts of other assets are determined
as the higher of their fair value less costs to sell and their value in use. For an asset that does not generate substantially independent
cash inflows, the recoverable amount is allocated to the CGU to which the asset belongs. The recoverable amounts of the CGU to which the
goodwill and the intangible assets with indefinite useful lives belong are based on the fair value net of selling expenses, using EBITDA
multiples observed in the market for previous business combinations involving comparable businesses in the brewing industry. For some
CGUs, these calculations are corroborated using the fair-value less costs of disposal approach, where the free cash flow of these CGUs
is discounted to fair value using a discount rate after tax that reflects current valuation models for the time value of money, and the
risks specific to the asset.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Non-financial assets, except for goodwill, are reviewed
for the possible reversal of the impairment at the reporting date. Impairment losses are reversed only to the extent that the asset&#8217;s
carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment
loss had been recognized.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForGovernmentGrants_zSFZJw10rgt2" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><span style="font-size: 12pt"><b>(y)</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;
</span><span style="font-size: 12pt"><span id="xdx_864_zUvtQafFosm6">Tax incentives and subsidized loans</span></span></b></p>

<p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company is entitled to state tax benefits in Brazil,
provided by government grants. Referred grants may be in the form of rate reduction, calculation basis reduction, financing or subsidized
loans, presumed credits, effective collection, payment deferral or partial reductions of state tax payable. The effective collection incentives
are recorded in the operating net revenue, due to its nature, as the others are recognized in other operating income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">As before mentioned, among the tax incentives granted
to the Company, there are state tax incentive programs to promote industrial development either by financing or by deferring payment of
taxes. These state programs are intended to promote, in the long-term, increases in employment rates, industrial decentralization, as
well as to complement and diversify states industrial matrix.</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In the case of these programs, the tax terms are set
in the respective state normative acts and state concessive acts, depending on their nature, when conditions for obtaining these grants
exist, they are under the Company's control. Such benefits comply with the systematic set by Complementary Federal Law 160/2017 and by
<i>Conv&#234;nio</i> CONFAZ 190/2017. The financial component of these incentives is recorded in the income statement, on an accrual
basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white"></span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">The financing or
payment deferral forms of benefits, as the interest rates and terms of these loans could be advantageous compared to market conditions,
are considered as subsidized loans as intended by IAS 20. The respective subsidies consist of the gains identified by comparing the value
of these operations under the market conditions to the value agreed in the contracts. Thereby, upon receipt of funding, the subsidy calculated
is recorded in Other operating income, following the treatment for the other ICMS subsidies of similar nature. Management reviews the
market conditions prevailing in the year to assess such subsidies on an annual basis.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Monthly, considering
of the value of the consideration, the period to maturity, the contract interest rate and the abovementioned discount rate, the reduction
in present value adjustment is allocated to financial income, to bring the balance to zero by the time of settlement of each consideration.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Such financing
is recognized as liability adjusted to its present value. When there is an intervening financial institution in the transaction, the financing
is recorded at &#8220;interest-bearing loans and borrowings&#8221;, otherwise, they are recorded at &#8220;trade payables&#8221;, due
to the underlying economic essence and nature of the transaction.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">From the fourth
quarter of 2022, the nomenclature of the accounting policy &#8220;government grants&#8221; was changed to &#8220;tax incentives and subsidized
loans&#8221;.</span></p>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white"></span></p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric></ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory"><p id="xdx_802_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zft4keL3N3Rb" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>4.</b></span></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_009"></span><span id="xdx_82F_zU56nZM8oi4i">USE OF ESTIMATES AND JUDGMENTS</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The preparation of financial statements in compliance
with IFRS requires Management to make use of judgments, estimates and assumptions that affect the application of accounting practices
and the reported amounts of assets and liabilities, income and expenses. The estimates and assumptions are based on past experience and
various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for decision-making
regarding judgments regarding the carrying amounts of assets and liabilities that are not readily evident from other sources. The actual
results may differ from these estimates.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The estimates and assumptions are reviewed on
a regular basis. Changes in accounting estimates may affect the period during which they are realized, or future periods.</p>


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    <div id="xdx_232_ztPnxUjtQind" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23C_zKYjR9z8D7l6" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Although each significant accounting policy reflects
judgments, assessments or estimates, the Company believes that the following accounting practices reflect the most critical judgments,
estimates and assumptions that are important to its business operations and the understanding of its results:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(i) predecessor basis of accounting (Note 3 (c));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(ii) business combinations (Note 3 (c) and (k);</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(iii) joint arrangements (Note 3 (c));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(iv) accounting and financial reporting in hyperinflationary
economies (Note 3 (d));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(v) current and deferred tax (Note 3 (i));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="color: windowtext">(vi) </span>leases (Note
3 (j));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(vii) assets and liabilities recognition related to extemporaneous
tax credits and&#160;debits (Note 3 (m));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(viii) employee benefits (Note 3 (s));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(ix) share-based payments (Note 3 (t));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(x) provisions and contingent liabilities, including
tax contingencies (Note 3 (v));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(xi) measurement of financial instruments, including
derivatives (Note 3 (w));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(xii) impairment (Note 3 (w) and (x)) and</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(xiii) Tax incentives and subsidized loans (Note 3 (y)).</p>

<p style="font: 10pt/110% Univers 45 Light,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The fair values of acquired identifiable intangibles
with indefinite useful lives are based on an assessment of future cash flow. Impairment analyses of goodwill and intangible assets with
indefinite useful lives are performed at least annually, or whenever a triggering event occurs, to determine whether the carrying value
exceeds the recoverable amount.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company uses its judgment to choose between a variety
of methods including the net fair value of expenses approach and option valuation models and makes assumptions about the fair value of
financial instruments mainly based on the market conditions at each balance sheet date.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Actuarial assumptions regarding future events are used
for the calculation of projected pension and other long-term employee benefit expenses and liabilities. These factors include assumptions
regarding interest rates, rates of increase in healthcare costs, rates of future compensation increases, turnover rates, and life expectancy.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company is subject to income tax&#160;in numerous
jurisdictions. Significant judgment is required to determine the Company&#8217;s worldwide provision for income tax. There are some transactions
and calculations for which the ultimate tax determination is uncertain. Some of the subsidiaries of the Company are involved in tax audits,
usually in relation to prior years. These audits are ongoing in various jurisdictions as at the balance sheet date, and by their nature,
can take a considerable time to complete.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">To measure the amounts of extemporaneous tax credits
arising from lawsuits, the Company evaluates the documents for the period covered by the lawsuit, and applies the guidelines for the final
decision, applicable legislation or other elements that enable the amount to be estimated with sufficient reliability.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>


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<ix:exclude><p id="xdx_231_zYPjFNr9XTOh" style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p></ix:exclude>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory"><p id="xdx_801_eifrs-full--DisclosureOfEntitysReportableSegmentsExplanatory_zfoRaMQNW4Q7" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>5.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_010"></span><span id="xdx_82B_zdVj5Qvdd5Jd">SEGMENT REPORTING</span></b></span></td></tr>
</table>


<p style="font: 1pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt; text-indent: -21.3pt"><span style="font-size: 12pt">(a)</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;
</span><span style="font-size: 12pt">Reportable segments - Years ended:</span></p>

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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_z3BRIKchvNca" style="display: none">Schedule of segment reporting</span></td>
    <td id="xdx_497_20220101__20221231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zUtq5aUB1iyf" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49A_20210101__20211231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zzkvxl33OGxg" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40B_eifrs-full--RevenueFromContractsWithCustomers_zuCsjEa6QT9g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_402_eifrs-full--GrossProfit_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_407_eifrs-full--DistributionCosts_iN_di_zgj5iy0NsVt6" style="vertical-align: bottom; background-color: White">
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,123.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,241.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-012022-12-31_custom_CACMember" id="Fact001342" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,020.7</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31_custom_CACMember" id="Fact001343" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">872.7</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31_custom_CACMember" id="Fact001344" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">751.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-012022-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001345" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,159.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001346" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,010.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001347" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,492.8</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-012022-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,104.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,926.8</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,758.8</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,395.3</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,932.7</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,245.0</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zAN3EOWFJw74" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Sales and marketing expenses</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,065.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,440.3</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,444.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-012022-12-31_custom_CACMember" id="Fact001358" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">645.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31_custom_CACMember" id="Fact001359" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">693.3</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31_custom_CACMember" id="Fact001360" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">542.4</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-012022-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001361" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,426.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001362" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,542.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001363" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,165.6</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-012022-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,200.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,359.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,222.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,337.4</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,035.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,374.6</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zjLGE3asLknd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Administrative expenses</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,346.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,006.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,629.6</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-012022-12-31_custom_CACMember" id="Fact001374" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">333.6</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31_custom_CACMember" id="Fact001375" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">427.7</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31_custom_CACMember" id="Fact001376" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">305.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-012022-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001377" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">835.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001378" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">832.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001379" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">574.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-012022-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">722.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">611.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">439.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,236.8</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,877.4</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,948.5</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--OtherOperatingIncomeExpense_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Other operating income/(expenses)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,096.0</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,887.2</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2022-01-012022-12-31_custom_CACMember" id="Fact001390" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">52.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-012021-12-31_custom_CACMember" id="Fact001391" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12.4</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31_custom_CACMember" id="Fact001392" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">23.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2022-01-012022-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001393" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.7</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-012021-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001394" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">38.8</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001395" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">159.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2022-01-012022-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12.8</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-012021-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">23.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">24.4</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,513.9</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,124.1</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,679.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40C_ecustom--ExceptionalItems_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Exceptional items</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="abev:ExceptionalItems" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">34.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="abev:ExceptionalItems" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">210.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="abev:ExceptionalItems" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">173.8</ix:nonFraction>)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="abev:ExceptionalItems" contextRef="From2022-01-012022-12-31_custom_CACMember" id="Fact001406" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">16.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="abev:ExceptionalItems" contextRef="From2021-01-012021-12-31_custom_CACMember" id="Fact001407" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">46.7</ix:nonFraction>)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="abev:ExceptionalItems" contextRef="From2020-01-012020-12-31_custom_CACMember" id="Fact001408" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">70.5</ix:nonFraction>)</span></td>
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  <tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_401_eifrs-full--FinanceIncomeCost_i_pn5n5" style="vertical-align: bottom; background-color: White">
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2021-01-012021-12-31_custom_CACMember" id="Fact001439" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">80.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2020-01-012020-12-31_custom_CACMember" id="Fact001440" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9.8</ix:nonFraction>&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2022-01-012022-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">329.6</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2021-01-012021-12-31_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">89.4</ix:nonFraction>)</span></td>
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  <tr id="xdx_409_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_z8NJpjerTjol" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7.2</ix:nonFraction>)</span></td>
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  <tr id="xdx_402_eifrs-full--ProfitLossBeforeTax_i_pn5n5" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40A_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_zO0Sq4weWZV1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Income tax expense</span></td>
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  <tr id="xdx_409_eifrs-full--ProfitLoss_zzsiitYlBn7l" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Net income</b></span></td>
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  <tr id="xdx_404_eifrs-full--FinanceIncomeCost_zVQ65hHIfyw8" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_402_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_z43NPwEU9k9c" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Income tax expense</span></td>
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    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,953.2</ix:nonFraction>&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">203.1</ix:nonFraction>)</span></td>
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    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2022-01-012022-12-31_custom_SouthLatinAmericaSegmentMember" id="Fact001569" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">672.9</ix:nonFraction>)</span></td>
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  <tr id="xdx_40A_eifrs-full--ProfitLoss_zXxNhDP5DRCl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Net income</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLoss" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,677.1</ix:nonFraction>&#160;</b></span></td>
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  <tr id="xdx_407_eifrs-full--PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_i_pn5n5" style="vertical-align: bottom; background-color: White">
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  </table>
<p style="font: 12pt/115% Arial,sans-serif; margin: 0 0 10pt">&#160;</p>



<ix:exclude><!-- Field: Page; Sequence: 227 -->
    <div id="xdx_238_zJCQ5jhEA5q5" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23B_zJ0uiJpyAGY1" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_233_zXckJAIC4A84" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_239_zWLE0sG6rsy9" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<ix:exclude><p id="xdx_23E_zZ0pOMAhmYa" style="font: 12pt Times New Roman,serif; margin: 0">(continued)</p></ix:exclude>

<ix:exclude><p id="xdx_233_zSTtphmhC8Ld" style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p></ix:exclude>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 24%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvCpI7CNo5m5" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">57,353.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zJGWkLielMj9" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54,609.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zxhNarq8gOc2" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">48,970.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zRZgCugO9Z83" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">15,385.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_z0IiG6sJndo1" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">15,351.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zFMM2FO9Igj6" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13,521.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zX9QMOKaaLh3" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_SouthLatinAmericaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">22,044.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z1cqMxfnBka3" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_SouthLatinAmericaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">21,583.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zuurQsbFoQn3" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_SouthLatinAmericaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">17,211.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zbf0cH8DTYc" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16,093.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zJl2S5p7KEIi" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">18,016.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zauV6zqlOT8j" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16,487.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zaKs33m8hBo" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">110,877.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zfhhh3mOBfA7" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">109,560.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z7l94oGH8AYf" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">96,190.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Intersegment elimination</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zzt4mrytLlV3" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2022-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,533.0</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zSWwOHqJ4azg" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,868.5</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zS1UFGmqpNC2" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,187.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Non-segmented assets</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_98A_eifrs-full--Assets_iI_c20211231_zJl95oSxPNsi" title="Total assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:Assets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">138,602.5</ix:nonFraction>&#160;</b></span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z8A1xuEcMjek" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">29,153.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zBywwBvAgnTj" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27,611.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zEEnSD9xxzVf" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,032.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zUk0sdi7ktp4" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,098.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zLPXLeFaMM64" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,414.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zfPp7V85nlKf" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,114.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z5hv325OHy7i" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_SouthLatinAmericaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,843.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zQjF7ZQiWEJ1" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_SouthLatinAmericaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,843.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zb4EooY8cn6b" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_SouthLatinAmericaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,156.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zazFaWxcFC76" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,053.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zyfoLgHiZiXe" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,156.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zj1U2eoFtDSg" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2020-12-31_ifrs-full_OperatingSegmentsMember_custom_CanadaSegmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,256.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zT8XxkiaVjEh" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2022-12-31_ifrs-full_OperatingSegmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">46,148.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z3BNUjf6fsEd" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2021-12-31_ifrs-full_OperatingSegmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">47,025.7</ix:nonFraction>&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zmZIVRe38B9f" title="Total liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(<ix:nonFraction name="ifrs-full:EquityAndLiabilities" contextRef="AsOf2022-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,534.2</ix:nonFraction>)</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Total liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  </table>
<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zPTlKRC8vQFj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1F_z4fqCSP7IKyc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote001724" xml:lang="en-US">CAC: includes the Dominican Republic, Panama, Guatemala, Cuba, Barbados, Saint Vincent, Dominica, Nicaragua, Honduras and Antigua.</ix:footnote></td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0A_zry4MRLkcDlc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F18_zMexP8XRZybf" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote001725" xml:lang="en-US">Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay.</ix:footnote></td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F00_zMgdW48B3Iwi" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(iii)</td>
  <td id="xdx_F14_zllRyZ1vdZLk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote001726" xml:lang="en-US">From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.</ix:footnote></td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 228 -->
    <div id="xdx_23D_zj4HW61V1mje" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23F_zPc21huATD26" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_zAZ16AHuo7fc" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23A_zTFVNQesZXjf" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_238_zS5RrUb83jag" style="font: 8pt/115% Times New Roman,serif; margin: 0 0 10pt">&#160;</p></ix:exclude>

<p style="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt 21.3pt; text-indent: -21.3pt"><span style="font-size: 12pt">(b)</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;
</span> <span style="font-size: 12pt">Additional information - by Business unit - Years ended:</span></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49D_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z7JlyZZao5aj" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_49C_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zdXXLzBtwcGg" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_496_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zZySqWPvbNn4" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_491_20210101__20211231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z1VP6yZla5ti" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvtZQ88JsJTj" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_495_20220101__20221231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zB7RJBm1txZd" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_498_20210101__20211231__ifrs-full--SegmentsAxis__custom--Brazil1Member_z0yGpOGEeAl6" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20200101__20201231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zOFIyqsrJhRk" colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="18" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Brazil</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Beer</b></span></td>
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  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2022</b></span></td>
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    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2022</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2021</b></span></td>
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  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_400_eifrs-full--RevenueFromContractsWithCustomers_zRLIZbhrxHL4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Net sales</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromContractsWithCustomers" contextRef="From2022-01-012022-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,777.9</ix:nonFraction>&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromContractsWithCustomers" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">42,635.8</ix:nonFraction>&#160;</span></td>
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  <tr id="xdx_401_eifrs-full--CostOfSales_iN_di_zBDtyRuL1fjl" style="vertical-align: bottom; background-color: White">
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:CostOfSales" contextRef="From2022-01-012022-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">18,765.3</ix:nonFraction>)</span></td>
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  <tr id="xdx_404_eifrs-full--GrossProfit_zZlHMhEhVl5i" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_405_eifrs-full--DistributionCosts_iN_di_z93yHmeoJqE4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Distribution expenses</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-012022-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,988.6</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,263.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,529.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-012022-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,122.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">860.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">712.7</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,111.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,123.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:DistributionCosts" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,241.9</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zK7usrwp5kwj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Sales and marketing expenses</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-012022-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,596.8</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,096.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,008.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-012022-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">468.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">344.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">435.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,065.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,440.3</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:SalesAndMarketingExpense" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,444.1</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40D_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zXmxOyLvwgye" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Administrative expenses</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-012022-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,928.8</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,616.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,395.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-012022-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">417.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">390.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">234.5</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,346.0</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,006.2</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:GeneralAndAdministrativeExpense" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,629.6</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_409_eifrs-full--OtherOperatingIncomeExpense_zLQFyqEYzVR7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Other operating income/(expenses)</span></td>
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  <tr id="xdx_40E_ecustom--ExceptionalItems_d0_zIWOmU290IDb" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Exceptional items</span></td>
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  <tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_ze4YvDsGceTb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2020-01-012020-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,284.6</ix:nonFraction>&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2020-01-012020-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,196.8</ix:nonFraction>&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,703.7</ix:nonFraction>&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,593.7</ix:nonFraction>&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLossFromOperatingActivities" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,481.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--FinanceIncomeCost_d0_zR1SPKCeJXr3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Net finance costs</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2022-01-012022-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,110.3</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2021-01-012021-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">858.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2020-01-012020-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">663.9</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2022-01-012022-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2020-01-012020-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2022-01-012022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,110.3</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2021-01-012021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">858.1</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:FinanceIncomeCost" contextRef="From2020-01-012020-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">663.9</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_403_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_zyMl4vvvOkye" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Share of results of joint ventures</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" contextRef="From2021-01-012021-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.7</ix:nonFraction>)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(<ix:nonFraction name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" contextRef="From2020-01-012020-12-31_custom_BeerMember_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7.2</ix:nonFraction>)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;<ix:nonFraction name="ifrs-full:ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" contextRef="From2020-01-012020-12-31_custom_NABMember_custom_Brazil1Member" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
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  <tr id="xdx_40B_eifrs-full--ProfitLossBeforeTax_z6822RmBCqWd" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_408_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zokWKjg6pVe3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40A_eifrs-full--ProfitLoss_zoWiqMNOcWm4" style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40F_ecustom--NormalizedEBITDA_zA5AOXzcxSXa" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zLEcrPtbzll9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40F_eifrs-full--FinanceIncomeCost_d0_zHu3AeY754De" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zerkIXwYlS66" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Income tax expense</span></td>
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  <tr id="xdx_408_eifrs-full--ProfitLoss_z2saYBQDfUc3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Net income</b></span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="19" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40A_ecustom--NormalizedEBITDAMarginInPercentage_pid_dp_zETB0z7enEjb" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; width: 28%"><span style="font: normal 6.5pt Times New Roman,serif"><b>EBITDA margin as a %</b></span><b><span style="font: normal 8pt Times New Roman,serif"><sup id="xdx_F43_zmO0Y4ebxRqc">&#160;(i)</sup></span></b></td>
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    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b><ix:nonFraction name="abev:NormalizedEBITDAMarginInPercentage" contextRef="From2021-01-012021-12-31_custom_BeerMember_custom_Brazil1Member" id="Fact001920" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">30.5</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b><ix:nonFraction name="abev:NormalizedEBITDAMarginInPercentage" contextRef="From2020-01-012020-12-31_custom_BeerMember_custom_Brazil1Member" id="Fact001921" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">41.7</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b><ix:nonFraction name="abev:NormalizedEBITDAMarginInPercentage" contextRef="From2022-01-012022-12-31_custom_NABMember_custom_Brazil1Member" id="Fact001922" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">25.0</ix:nonFraction></b></span></td>
    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td>
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    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td>
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    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td></tr>
  </table>
<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F02_zGiZIrzNX9b6" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F15_znmKnrF40igc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote001928" xml:lang="en-US">From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8A4_zIKxgHYvG0D5" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfRevenueExplanatory"><p id="xdx_80B_eifrs-full--DisclosureOfRevenueExplanatory_zdPwuun9hl49" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>6.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_011"></span><span id="xdx_820_zJSKC1Kvk0b">NET SALES</span></b></span></td></tr>
</table>


<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In compliance with the Federal Law 6,404/76, Company discloses
the reconciliation between gross sales and net sales presented in the consolidated income statement. The values by each operational segment
are disclosed in note 5 &#8211; <i>Segment reporting</i>:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_881_ecustom--DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock_pn5n6_zpwKHIGfRnol" summary="xdx: Disclosure - NET SALES - Reconciliation Between Gross Sales and Net Sales (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B0_zjvMbS1XWRFe" style="display: none">Schedule of net sales</span></td>
    <td id="xdx_49D_20220101__20221231_z2ka3T23WUyl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_490_20210101__20211231_zCbpcNDVlXK9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_495_20200101__20201231_zdRMiTD5Ujja" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 39%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40E_eifrs-full--RevenueFromSaleOfGoods_maRzPZ3_z1y45eMB3dW6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gross sales and/or services</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoods" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">125,907.2</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoods" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">110,162.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoods" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">85,221.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_iN_di_msRzPZ3_zLb6MOYxn2Y" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Excise duty</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24,851.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">22,052.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:TaxExpenseOtherThanIncomeTaxExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">18,259.7</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40E_ecustom--SalesDiscounts_iN_di_msRzPZ3_zM4udCXjVxAd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Discounts</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:SalesDiscounts" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">21,347.0</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:SalesDiscounts" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">15,255.8</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:SalesDiscounts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,582.5</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_401_eifrs-full--Revenue_iT_mtRzPZ3_zcfLl3PRSNIi" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">Total&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Revenue" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">79,708.8</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Revenue" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">72,854.3</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Revenue" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58,379.0</ix:nonFraction>&#160;</b></span></td></tr>
  </table></ix:nonNumeric>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">At gross sales and/or services line, the Company recognizes
the best estimate received or to be received regarding the products and services offered for its clients, according to note 3 (f) &#8211;
<i>Summary of significant accounting policies &#8211; Revenue recognition</i>. Gross sales are disclosed before taxes and discounts.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The gross sales obtained by the Company, in general,
are subject to the incidence of certain taxes and contributions, which are calculated and paid to fiscal authorities in accordance with
current federal, municipal and state legislation, and do not result in equity increase for the Group. These taxes and contributions are
deducted from gross</p>


<ix:exclude><!-- Field: Page; Sequence: 229 -->
    <div id="xdx_238_zkGx4uDLsezc" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_237_zUqgwmOpuUn3" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_zKbwBCAe7o4d" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_235_zrQWMp58USAf" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">sales
and relate substantially to tax on transactions concerning the circulation of goods (&#8220;ICMS&#8221;), social integration program
(&#8220;PIS&#8221;), contribution to social security financing (&#8220;COFINS&#8221;), tax on manufactured products (&#8220;IPI&#8221;)
and tax on services of any nature (&#8220;ISSQN&#8221;) in Brazil. At December 31, 2022 the Company calculated R$<span id="xdx_907_ecustom--DeductionOfRevenue_pn5n6_c20220101__20221231_zEIAhfevCGUf"><ix:nonFraction name="abev:DeductionOfRevenue" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,245.8</ix:nonFraction></span> million of fiscal
incentives (R$<span id="xdx_90B_ecustom--DeductionOfRevenue_pn5n6_c20210101__20211231_zk0IjYTEJZ4l"><ix:nonFraction name="abev:DeductionOfRevenue" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,048.3</ix:nonFraction></span></span> <span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">million
at December 31, 2021 and R$<span id="xdx_906_ecustom--DeductionOfRevenue_pn5n6_c20200101__20201231_zpnvCX3p95X7"><ix:nonFraction name="abev:DeductionOfRevenue" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,036.7</ix:nonFraction></span></span>
<span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">million at December 31, 2020), which are registered
in the net revenue, in accordance with note 3 (y) &#8211; <i>Summary of significant accounting policies &#8211; Tax incentives and subsidized
loans</i>.&#160;</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"></span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The discounts and rebates are also deducted from
the Company&#8217;s gross sales, in the terms disclosed in note 3 (f) &#8211; <i>Summary of significant accounting policies &#8211; Revenue
recognition</i>.</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory"><p id="xdx_809_eifrs-full--DisclosureOfOtherOperatingIncomeExpenseExplanatory_zh1aTt85L8X7" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>7.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_012"></span><span id="xdx_82B_zEl6xqpURux3">OTHER OPERATING INCOME/(EXPENSES)</span></b></span></td></tr></table>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_898_ecustom--DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock_pn5n6_zMhRTfrq6V72" summary="xdx: Disclosure - OTHER OPERATING INCOME/(EXPENSES) (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B8_zkoisKvhtQmk" style="display: none">Schedule of other operating income</span></td>
    <td id="xdx_494_20220101__20221231_zB533POaJIR9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49F_20210101__20211231_zRbJl3LG3PB" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49C_20200101__20201231_zszjjEPC4uof" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 58%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--RevenueFromGovernmentGrants_maOOIEz3DT_zhupvL6wEEZ1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Government grants/net present value of long-term fiscal incentives</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromGovernmentGrants" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,289.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromGovernmentGrants" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">853.2</ix:nonFraction>&#160;</span></td>
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  <tr id="xdx_40C_ecustom--ExtemporaneousCreditsDebits_maOOIEz3DT_zMz12WXYU0Si" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_401_eifrs-full--AdjustmentsForProvisions_iN_di_msOOIEz3DT_z7X2yz8lLnu9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_409_eifrs-full--GainsLossesOnDisposalsOfPropertyPlantAndEquipment_maOOIEz3DT_zvEIZdGqaBmh" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_408_ecustom--OtherPortionsOfOtherOperatingIncomeExpense_maOOIEz3DT_zdAvrzmwqHZe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_401_eifrs-full--OtherOperatingIncomeExpense_iT_mtOOIEz3DT_zj3shl3jJyC1" style="background-color: White">
    <td style="color: White; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">Total&#160;</td>
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  </table>
<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F06_zqVcttF8I1a8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F10_zD7obp1ZxJRg" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote001980" xml:lang="en-US">As detailed in Note 30 &#8211; <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS
from its calculation basis, in the item Other operating income/(expenses).</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AE_znDv8N5lGXs4" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">According to the account policy disclosed in note 3
(y), the Company recognizes, in other operating income/(expenses) line, tax incentives granted as rate reduction, calculation basis reduction,
financing or subsidized loans, presumed credit, deferred payment or partial reductions of due state tax payable.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Government grants are not recognized until there is reasonable
assurance that the Company will meet the respective conditions and obligations related to governmental terms.</p>


<ix:exclude><!-- Field: Page; Sequence: 230 -->
    <div id="xdx_231_z6Ovlnk0I69a" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_230_zNPqNrgLghw9" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_zDwl0cUL6qEj" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_231_zoMz4gOgMupf" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<ix:exclude><p id="xdx_235_zFxjobkR7QU" style="margin-top: 0; margin-bottom: 0">&#160;</p></ix:exclude>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfExceptionalItemsTextBlock"><p id="xdx_805_ecustom--DisclosureOfExceptionalItemsTextBlock_zWCu5kTHBWjh" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>8.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_013"></span><span id="xdx_82A_zeVuk7AXTpT8">EXCEPTIONAL ITEMS</span></b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_890_ecustom--DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock_pn5n6_z5QDwyK4SDk9" summary="xdx: Disclosure - EXCEPTIONAL ITEMS - Exceptional Items Included in the Income Statement (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B9_zQYONSRzvWZh" style="display: none">Schedule of exceptional items</span></td>
    <td id="xdx_494_20220101__20221231_z1p20wybinWj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_492_20210101__20211231_zKxrJxiPDgw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zZPY38U6x5q" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_404_ecustom--BusinessCombinationsCosts_iN_di0_msEIzMUm_zUWaOoFvhAzf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Costs arising from business combinations</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:BusinessCombinationsCosts" contextRef="From2022-01-01to2022-12-31" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:BusinessCombinationsCosts" contextRef="From2021-01-012021-12-31" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:BusinessCombinationsCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">18.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_ecustom--Covid19ImpactExpense_iN_di_msEIzMUm_zHiuJVQ7dyK" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">COVID-19 impacts&#160;</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F49_zIRtUi85XkBi">(ii)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:Covid19ImpactExpense" contextRef="From2022-01-01to2022-12-31" id="Fact001991" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16.7</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:Covid19ImpactExpense" contextRef="From2021-01-012021-12-31" id="Fact001992" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">134.3</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:Covid19ImpactExpense" contextRef="From2020-01-012020-12-31" id="Fact001993" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">263.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_405_eifrs-full--ExpenseOfRestructuringActivities_iN_di_msEIzMUm_zqsDTy9Xzdge" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Restructuring&#160;</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F43_zwsdBN0lDC33">(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:ExpenseOfRestructuringActivities" contextRef="From2022-01-01to2022-12-31" id="Fact001995" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">101.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:ExpenseOfRestructuringActivities" contextRef="From2021-01-012021-12-31" id="Fact001996" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">165.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:ExpenseOfRestructuringActivities" contextRef="From2020-01-012020-12-31" id="Fact001997" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">146.5</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40D_eifrs-full--GainsLossesOnNetMonetaryPosition_maEIzMUm_zSxf6VCqmY46" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesOnNetMonetaryPosition" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8.2</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesOnNetMonetaryPosition" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.1</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesOnNetMonetaryPosition" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">9.3</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_403_ecustom--ProductRecallExpense_iN_di0_msEIzMUm_z6A03Q73GvXe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Stella Recall&#160;</span></td>
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  <tr id="xdx_40C_ecustom--DistributionAgreement_iN_di0_msEIzMUm_zsFKGD8CNYg9" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40D_ecustom--WriteoffOfInvestmentsiv_d0_msEIzMUm_zgqy1gxoOund" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_405_ecustom--ExceptionalItems_iT_mtEIzMUm_zema4KydKV03" style="vertical-align: bottom; background-color: White">
    <td style="color: White; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
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  </table>
<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0B_zZQ9f5ppWrFk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F15_z88iRQy4ENkk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote002018" xml:lang="en-US">The restructuring expenses primarily related to centralized projects and resizing in the Latin America CAC and Brazil.</ix:footnote></td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F05_zxZNV9gMrrhl" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F10_zFOFzGhULE88" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote002019" xml:lang="en-US">COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of the Company&#8217;s people (increased frequency
of cleaning at the Company&#8217;s facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives
providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.</ix:footnote></td></tr>
</table>


<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F05_zdOMl4rWBW9e" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(iii)</td>
  <td id="xdx_F12_z1jgJu1YjWf4" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote002020" xml:lang="en-US">Refers to distribution agreement with our strategic partner in Guatemala.</ix:footnote></td></tr>
</table>


<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F03_zLnipSvLmDR7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(iv)</td>
  <td id="xdx_F17_zcK5ZHscN379" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote002021" xml:lang="en-US">Refers to an investment write-off of a business line in Canada.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AC_zyDS5wLpbYal" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock"><p id="xdx_807_ecustom--DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock_zssS51ZhZkZg" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>9.</b></span></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_014"></span><span id="xdx_82B_zczXpozU69Q1">PAYROLL AND RELATED BENEFITS</span></b></span></td></tr>
</table>


<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfPayrollAndRelatedBenefitsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_881_ecustom--DisclosureOfPayrollAndRelatedBenefitsTextBlock_pn5n6_zC7ZiV5pix6j" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Schedule of Payroll and Related Benefits (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B0_zJJfxMjB3pMd" style="display: none">Schedule of Payroll and related benefits</span></td>
    <td id="xdx_493_20220101__20221231_zmwvr2LIjaE3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_491_20210101__20211231_z5B40IKfnc21" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49B_20200101__20201231_zG79GLp1bPa9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_404_eifrs-full--WagesAndSalaries_maEBEzkEh_zzIlTae5XaE4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Wages and salaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,496.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,162.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:WagesAndSalaries" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,736.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--SocialSecurityContributions_maEBEzkEh_z9lkUkIlNJx2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Social security contributions</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:SocialSecurityContributions" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,239.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:SocialSecurityContributions" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,016.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:SocialSecurityContributions" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">851.8</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--OtherEmployeeExpense_maEBEzkEh_zFAjqSjl2FU5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other personnel costs</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherEmployeeExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,075.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherEmployeeExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,076.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherEmployeeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">836.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_maEBEzkEh_z0ySJBGQVDaa" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Increase in liabilities for defined benefit plans</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">157.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">178.2</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">131.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_maEBEzkEh_zL2jHg3kCZl5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Share-based payments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">311.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">391.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">223.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_maEBEzkEh_zetBUEW4eBQe" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions to defined contribution plans</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">82.0</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">74.1</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">61.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--EmployeeBenefitsExpense_iNT_di_mtEBEzkEh_z6dYYyj4ulk6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The payroll expenses and related benefits are presented
in the income statement as shown below:</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_88F_ecustom--DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock_pn5n6_zj7wKDy7M4d9" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Payroll and Related Benefits Income Statement Presentation (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
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<tr style="vertical-align: bottom">
    <td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_405_ecustom--EmployeeBenefitsExpenseCostOfSales_maEBEzCdK_zTVdFvYypqae" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_409_ecustom--EmployeeBenefitsExpenseDistributionExpenses_maEBEzCdK_zYKvKUPpXG0c" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseDistributionExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,286.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseDistributionExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,130.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--EmployeeBenefitsExpenseSalesAndMarketingExpenses_maEBEzCdK_zHWPQ3nnqbP9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Sales&#160;and&#160;marketing&#160;expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,504.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,480.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,333.7</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--EmployeeBenefitsExpenseAdministrativeExpenses_maEBEzCdK_zlwieXkonS7d" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative&#160;expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseAdministrativeExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,798.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseAdministrativeExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,699.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseAdministrativeExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,089.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseNetFinanceCosts_maEBEzCdK_zYI4TWXFTxCj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Net&#160;finance&#160;costs</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseNetFinanceCosts" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">107.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseNetFinanceCosts" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">115.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseNetFinanceCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">44.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseOtherOperatingIncomeExpense_iN_di0_msEBEzCdK_zldIdTRaJGaa" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other&#160;operating&#160;(income)/expenses,&#160;net</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense" contextRef="From2021-01-012021-12-31" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_404_ecustom--EmployeeBenefitsExpenseExceptionalItems_maEBEzCdK_z7R22jgIR1ae" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exceptional&#160;items</span></td>
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  <tr id="xdx_407_eifrs-full--EmployeeBenefitsExpense_iNT_di_mtEBEzCdK_zfBKplvtN5Z2" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">Total&#160;</td>
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  </table></ix:nonNumeric>

<ix:exclude><!-- Field: Page; Sequence: 231 -->
    <div style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" id="xdx_238_zPrZ8ENJz9I7" style="width: 100%"><tr><td id="xdx_23D_zIt9FTEkZOoa" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
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    <!-- Field: /Page --></ix:exclude>



<ix:exclude><p id="xdx_237_zxasVXareeSb" style="margin-top: 0; margin-bottom: 0">&#160;</p></ix:exclude>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfAdditionalInformationExplanatory"><p id="xdx_80C_eifrs-full--DisclosureOfAdditionalInformationExplanatory_zIT8gIMYy6Ij" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>10.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_015"></span><span id="xdx_82F_z1GYYrcZ9W35">ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Depreciation, amortization and impairment expenses are
included in the following income statement accounts for the years ended in December 31, 2022, 2021 and 2020:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_890_eifrs-full--DisclosureOfDepreciationAndAmortisationExpenseExplanatory_pp5n6_z5ckkpwgzFH3" summary="xdx: Disclosure - ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE - Depreciation, Amortization and Impairment Expenses (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;<span id="xdx_8BB_z9rPa5Fn3zp7" style="display: none">Schedule of Depreciation, amortization and impairment expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Depreciation and impairment of property, plant and equipment</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Amortization of intangible assets</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
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    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_980_ecustom--DepreciationExpenseCostOfSales_pn5n6_c20210101__20211231_fKGkp_zC5STVxnd7Za" title="Depreciation and impairment of property, plant and equipment, cost of sales" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span id="xdx_F2D_zWaHrXRSCVx7" style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseCostOfSales" contextRef="From2021-01-012021-12-31" id="Fact002096" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,326.6</ix:nonFraction>&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20220101__20221231_fKGkp_z9SeFTIAhMba" title="Amortization of intangible assets, cost of sales" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span id="xdx_F26_zJVrb8drMTF8" style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseCostOfSales" contextRef="From2022-01-01to2022-12-31" id="Fact002100" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20210101__20211231_fKGkp_zU2bsfSiVBi7" title="Amortization of intangible assets, cost of sales" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span id="xdx_F22_zrf4YOCX5jZ1" style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseCostOfSales" contextRef="From2021-01-012021-12-31" id="Fact002102" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20200101__20201231_fKGkp_z6pRezhLWiE2" title="Amortization of intangible assets, cost of sales" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span id="xdx_F21_zhxhstLsxgTf" style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseCostOfSales" contextRef="From2020-01-012020-12-31" id="Fact002104" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">15.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_98C_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20220101__20221231_zTov8gBUAdr7" title="Depreciation and impairment of property, plant and equipment, distribution expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseDistributionExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">893.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20210101__20211231_zIb9E65esxd5" title="Depreciation and impairment of property, plant and equipment, distribution expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseDistributionExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">654.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20200101__20201231_zKMvUSyNJKz9" title="Depreciation and impairment of property, plant and equipment, distribution expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseDistributionExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">441.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20220101__20221231_zUEYXfj6iFK4" title="Amortization of intangible assets, distribution expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseDistributionExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20210101__20211231_zIbACDGufU9c" title="Amortization of intangible assets, distribution expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseDistributionExpenses" contextRef="From2021-01-012021-12-31" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20200101__20201231_zTqVQxFKMo4a" title="Amortization of intangible assets, distribution expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseDistributionExpenses" contextRef="From2020-01-012020-12-31" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Sales and marketing expenses</span></td>
    <td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zkuu4HPHrc84" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseSalesAndMarketingExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">660.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zA8Zn9qYCx8j" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseSalesAndMarketingExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">700.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_ztNeVEXbhKl9" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseSalesAndMarketingExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">787.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zywDvLl7Mzpf" title="Amortization of intangible assets, sales and marketing expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseSalesAndMarketingExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">113.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zGIr2zWWWt27" title="Amortization of intangible assets, sales and marketing expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseSalesAndMarketingExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">84.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_zCtIYPf2TlKf" title="Amortization of intangible assets, sales and marketing expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseSalesAndMarketingExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">219.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative expenses</span></td>
    <td id="xdx_989_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_z58jg7t1Edrh" title="Depreciation and impairment of property, plant and equipment, administrative expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseAdministrativeExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">474.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zZq5r9ngfO95" title="Depreciation and impairment of property, plant and equipment, administrative expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseAdministrativeExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">331.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zxm1oThYmJQj" title="Depreciation and impairment of property, plant and equipment, administrative expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:DepreciationExpenseAdministrativeExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">453.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_znhQae34BEm3" title="Amortization of intangible assets, administrative expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseAdministrativeExpenses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">372.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zjTMYL3CLmN1" title="Amortization of intangible assets, administrative expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseAdministrativeExpenses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">304.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zot6cRL74bN5" title="Amortization of intangible assets, administrative expenses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AmortisationExpenseAdministrativeExpenses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">276.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DepreciationExpense_pn5n6_c20220101__20221231_zKR8lJsQwoJl" title="Depreciation and impairment of property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,441.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--DepreciationExpense_pn5n6_c20210101__20211231_zEkxotnxh2U3" title="Depreciation and impairment of property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,012.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--DepreciationExpense_pn5n6_c20200101__20201231_z8uyEezYKp55" title="Depreciation and impairment of property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:DepreciationExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,663.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20220101__20221231_z9hHNPmTUK1e" title="Amortization of intangible assets" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:AmortisationExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">502.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--AmortisationExpense_pn5n6_c20210101__20211231_zVFtpMzpDyLk" title="Amortization of intangible assets" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:AmortisationExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">404.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20200101__20201231_zad0z4481vY2" title="Amortization of intangible assets" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:AmortisationExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">511.7</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F00_zET62k1NH2E6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1C_zeALERWT3hDa" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote002153" xml:lang="en-US">These amounts added to R$<span id="xdx_904_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20220101__20221231_zCUsL0PYarpa" title="Employee benefits expense, cost of sales"><ix:nonFraction name="abev:EmployeeBenefitsExpenseCostOfSales" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,510.4</ix:nonFraction></span>
  (R$<span id="xdx_90D_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20210101__20211231_zw2Ip74Sq04a" title="Employee benefits expense, cost of sales"><ix:nonFraction name="abev:EmployeeBenefitsExpenseCostOfSales" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,247.9</ix:nonFraction></span>
  and R$<span id="xdx_90A_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20200101__20201231_z0ZyU5KhKet5" title="Employee benefits expense, cost of sales"><ix:nonFraction name="abev:EmployeeBenefitsExpenseCostOfSales" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,175.1</ix:nonFraction></span>
  as at December 31, 2021 and 2020, respectively) mentioned in Note 9 - <i>Payroll and related benefits</i>, total R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20221231_zaY3rCCItVKa" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"><ix:nonFraction name="abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,940.1</ix:nonFraction></span>
  (R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn6n6_c20211231_z8XPRJAljUY8" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"><ix:nonFraction name="abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-6" scale="6" unitRef="BRL">5,591.0</ix:nonFraction></span>
  and R$<span id="xdx_90E_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20201231_zrEO8lgLUsuc" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"><ix:nonFraction name="abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,171.2</ix:nonFraction></span>
  as at December 31, 2021 and 2020, respectively). The remaining amount of R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20220101__20221231_zfmLS1hCSxJa" title="Cost of sales, production costs"><ix:nonFraction name="abev:CostOfSalesProductionCosts" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">34,482.0</ix:nonFraction></span>
  (R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20210101__20211231_z4WAqcIq3Mca" title="Cost of sales, production costs"><ix:nonFraction name="abev:CostOfSalesProductionCosts" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">30,068.7</ix:nonFraction></span>
  and R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20200101__20201231_z1uSCvjzKjs7" title="Cost of sales, production costs"><ix:nonFraction name="abev:CostOfSalesProductionCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">21,894.9</ix:nonFraction></span>
  as at December 31, 2021 and 2020, respectively), recorded in the cost of sales, refers to other production costs.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AF_z2YZFDRcMVna" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory"><p id="xdx_80B_eifrs-full--DisclosureOfFinanceIncomeExpenseExplanatory_zAARuLhlS0F5" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>11.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_016"></span><span id="xdx_82E_zjsgWJUy69J8">FINANCE EXPENSES AND INCOME</span></b></span></td></tr></table>

<p style="font: 8pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(a)</b></span></td><td><span style="font-size: 12pt"><b>Finance expenses</b></span></td></tr></table>

<p style="font: 10pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfFinanceCostExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_882_eifrs-full--DisclosureOfFinanceCostExplanatory_pn5n6_zWzFL3DkJfbd" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Costs (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zUQPmSDuHe31" style="display: none">Schedule of finance expenses</span></td>
    <td id="xdx_496_20220101__20221231_zmvWyGVBvue6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_495_20210101__20211231_zzyES7eIMZw3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49B_20200101__20201231_zbRu5xOnuN7g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--InterestExpense_iN_di_maFCENFzTbH_zPRK5XbXu5w3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest expense</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,328.3</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,431.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,786.6</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_401_ecustom--NetInterestOnPensionPlans_iN_di_maFCENFzTbH_zKzs6DE5rlP5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Net Interest on pension plans</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:NetInterestOnPensionPlans" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">107.9</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:NetInterestOnPensionPlans" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">115.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:NetInterestOnPensionPlans" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">117.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--GainsLossesOnHedgingInstrument_msFCENFzTbH_zmCmEySqz4E4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Losses on hedging instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesOnHedgingInstrument" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,158.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesOnHedgingInstrument" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,540.2</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesOnHedgingInstrument" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,919.3</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40C_ecustom--InterestOnProvisionForContingencies_iN_di_maFCENFzTbH_zSt7rtEupYX5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest on provision for disputes and litigation</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InterestOnProvisionForContingencies" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">456.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InterestOnProvisionForContingencies" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">290.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InterestOnProvisionForContingencies" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">208.8</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40E_eifrs-full--NetForeignExchangeLoss_iN_di_maFCENFzTbH_zo6WGVnYyh19" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exchange variations</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:NetForeignExchangeLoss" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">751.1</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:NetForeignExchangeLoss" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">453.9</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:NetForeignExchangeLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">706.4</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_402_ecustom--AdjustmentInFairValueOfFinancialInstruments_iN_di0_maFCENFzTbH_z2HJ9vAzbsU1" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments at fair value through profit or loss</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AdjustmentInFairValueOfFinancialInstruments" contextRef="From2022-01-01to2022-12-31" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AdjustmentInFairValueOfFinancialInstruments" contextRef="From2021-01-012021-12-31" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AdjustmentInFairValueOfFinancialInstruments" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.3</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--TaxExpenseIncomeAtApplicableTaxRate_iN_di_maFCENFzTbH_zYzrZR4bWPM4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Tax on financial transactions</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:TaxExpenseIncomeAtApplicableTaxRate" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">339.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:TaxExpenseIncomeAtApplicableTaxRate" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">216.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:TaxExpenseIncomeAtApplicableTaxRate" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">335.0</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--BankAndSimilarCharges_iN_di_maFCENFzTbH_z5ROceiO8gWl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bank guarantee expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:BankAndSimilarCharges" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">176.1</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:BankAndSimilarCharges" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">174.9</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:BankAndSimilarCharges" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">188.0</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--OtherFinanceCost_iN_di_maFCENFzTbH_zt9jJYlXuiTh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other financial results</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:OtherFinanceCost" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">574.2</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:OtherFinanceCost" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">204.8</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:OtherFinanceCost" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">164.9</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_408_ecustom--FinanceCostsExcludingNonrecurringFinanceCosts_iNT_di_mtFCENFzTbH_zyf4GeKOuFwf" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="abev:FinanceCostsExcludingNonrecurringFinanceCosts" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,427.8</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="abev:FinanceCostsExcludingNonrecurringFinanceCosts" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,430.5</ix:nonFraction>)</b></span></td></tr>
  </table></ix:nonNumeric>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Interest expenses are presented net of the effects of
interest rate derivative financial instruments which mitigate Ambev&#8217;s interest rate risk (Note 28 - <i>Financial instruments and
risks</i>). The interest expenses are as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfInterestExpenseExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_894_eifrs-full--DisclosureOfInterestExpenseExplanatory_zKvZMzWIxoeg" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Expense (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B8_zGntgpmXj65i" style="display: none">Schedule of Interest expenses</span></td>
    <td id="xdx_49B_20220101__20221231_zYJy4PI2yIgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_490_20210101__20211231_z7CrDvx7qAOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_493_20200101__20201231_zndZFQTPt2bl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_z8zqjiZ4pvVj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments measured at amortized cost</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">764.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">466.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">776.0</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_ecustom--InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_zIK8pkzO1I33" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Financial instruments at fair value through profit or loss</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F45_z9P9dxykDp15">&#160;(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss" contextRef="From2022-01-01to2022-12-31" id="Fact002223" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,564.3</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss" contextRef="From2021-01-012021-12-31" id="Fact002224" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">965.8</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss" contextRef="From2020-01-012020-12-31" id="Fact002225" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,010.6</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_eifrs-full--InterestExpense_iNT_di_mtIEzJSo_zASn0R8u63a9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,328.3</ix:nonFraction>)</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,431.8</ix:nonFraction>)</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:InterestExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,786.6</ix:nonFraction>)</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0C_zFKsLXcLf4Qg" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_zJbmleMk8vTf" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote002230" xml:lang="en-US">Include R$1,231 million (R$656 million at December 31, 2021 and R$657 million at December 31, 2020) as accounts payable present value adjustment.</ix:footnote></td></tr>
</table>

</ix:nonNumeric><p id="xdx_8A6_zTXxpIKP7cEk" style="margin-top: 0; margin-bottom: 0">&#160;</p>



<ix:exclude><!-- Field: Page; Sequence: 232 -->
    <div id="xdx_23E_zPC6f0ItAgX9" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_234_zZFEFskciJsd" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_zXMu2I9KP4Xk" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_232_zRJm37ASsT3i" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_239_ztFE4Gv6Dtlf" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p></ix:exclude>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td><span style="font-size: 12pt"><b>Finance income</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfFinanceIncomeExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_898_eifrs-full--DisclosureOfFinanceIncomeExplanatory_pn5n6_zUcpxOxJQpJa" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Income (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BB_zGldVnanIAPb" style="display: none">Schedule of finance income</span></td>
    <td id="xdx_497_20220101__20221231_zw9flzHHIOPg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49A_20210101__20211231_znsx40NQvxQi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49E_20200101__20201231_zPmG6LQnlnX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40A_eifrs-full--RevenueFromInterest_maFIBAOzuCZ_zw1bvjLFaUm" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,167.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,101.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,245.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40E_ecustom--IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties_maFIBAOzuCZ_zUN7AYUKzO28" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest and foreign exchange rate on loans to/from related parties</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">37.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">42.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_ecustom--RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss_maFIBAOzuCZ_zS91NnwK84hl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments at fair value through profit or loss</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">95.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">77.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">242.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--OtherFinanceIncome_maFIBAOzuCZ_z1WqS0EiidH3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other financial results</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherFinanceIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">565.3</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherFinanceIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">78.9</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherFinanceIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">49.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_400_ecustom--FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems_iT_mtFIBAOzuCZ_maFIzz0V_zlhbFEGyhmRd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt">&#160;Finance income, before adoption of new accounting policies</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,865.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,300.0</ix:nonFraction>&#160;</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_ecustom--FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies_maFIzz0V_ztlnVZZ46p9g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,603.5</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">922.4</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">447.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--FinanceIncome_iT_mtFIzz0V_zA5xsfO8LJBa" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Finance income</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinanceIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,469.1</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinanceIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,222.4</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinanceIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,996.0</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A5_z2WWBXynuOy6" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">Interest income arises from the following financial assets:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfInterestIncomeExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_892_eifrs-full--DisclosureOfInterestIncomeExplanatory_pn5n6_zkLYKR4kA4xb" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Income (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B1_zSAeKU6CxWn3" style="display: none">Schedule of interest income</span></td>
    <td id="xdx_498_20220101__20221231_zRnkRLlaC3G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_493_20210101__20211231_z0vbNd6UjJy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49F_20200101__20201231_ziiSq4AILyB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--InterestIncomeOnCashAndCashEquivalents_maRFIzT61_ze0SZC0uzUYa" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash and cash equivalents</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnCashAndCashEquivalents" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">791.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnCashAndCashEquivalents" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">329.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnCashAndCashEquivalents" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">234.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_404_eifrs-full--InterestIncomeOnFinancialAssetsHeldForTrading_maRFIzT61_zyOKYqlFe1Lh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment securities held for trading</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">175.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">84.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--InterestIncomeOnOtherFinancialAssets_maRFIzT61_z0bVlUJ4Yij8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Other receivables</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup id="xdx_F4A_z6CvrXNQo5ha">&#160;(i)</sup></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnOtherFinancialAssets" contextRef="From2022-01-01to2022-12-31" id="Fact002273" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,200.2</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnOtherFinancialAssets" contextRef="From2021-01-012021-12-31" id="Fact002274" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">687.4</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestIncomeOnOtherFinancialAssets" contextRef="From2020-01-012020-12-31" id="Fact002275" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,006.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--RevenueFromInterest_iT_mtRFIzT61_zkoRz8Uxe9ok" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,167.7</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,101.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:RevenueFromInterest" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,245.5</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%; margin-bottom: 12pt">
<tr style="vertical-align: top">
  <td id="xdx_F02_zbjIVctWQZA1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_zHssuUlISgOb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote002280" xml:lang="en-US">Refers, mainly, to monetary adjustment of recoverable taxes.</ix:footnote></td></tr>
</table>

</ix:nonNumeric><p id="xdx_8AB_zdC2GpKDErC4" style="margin-top: 0; margin-bottom: 0">&#160;</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfIncomeTaxAndSocialContributionTextBlock"><p id="xdx_808_ecustom--DisclosureOfIncomeTaxAndSocialContributionTextBlock_zc98DfMmBfNf" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>12.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_017"></span><span id="xdx_82D_zPMJaoWJaB34">INCOME TAX AND SOCIAL CONTRIBUTION</span></b></span></td></tr></table>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 9pt 0pt 12pt">Income taxes reported in the income statement are analyzed as follow:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfIncomeTaxExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_899_eifrs-full--DisclosureOfIncomeTaxExplanatory_pn5n6_zsT1KE2UavNf" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Income Taxes Reported (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BE_zcvgMv12OQx8" style="display: none">Schedule of Income taxes</span></td>
    <td id="xdx_497_20220101__20221231_zp7aKMlCb3Uf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49A_20210101__20211231_zWrV02j1jCGl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49E_20200101__20201231_zXNLTyTF1fti" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentTaxExpenseIncome_iN_di_maDTEIzXSe_zEyOm1CA9kHe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Income tax expense &#8211; current</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,718.9</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,268.6</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CurrentTaxExpenseIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,048.9</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_408_eifrs-full--DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_iN_di_maDTEIzXSe_zFKRbbDwEeAe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred tax expense on temporary differences</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,012.6</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,072.9</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,576.0</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_409_eifrs-full--AdjustmentsForDeferredTaxExpense_iN_di_maDTEIzXSe_zJJvGWdhwRe9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred tax on tax loss carryforward movements in the current period</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:AdjustmentsForDeferredTaxExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,361.9</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:AdjustmentsForDeferredTaxExpense" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">440.9</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:AdjustmentsForDeferredTaxExpense" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">862.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--DeferredTaxExpenseIncome_iNT_di_mtDTEIzXSe_maITECOzyJ5_z2fLeYhTMs4l" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,374.5</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">632.0</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">713.6</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iNT_di_mtITECOzyJ5_zF2aMiRYGv6a" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total income tax expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">655.6</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">636.6</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,762.5</ix:nonFraction>)</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AF_zTz4lb2U6Pve" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>


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    <div id="xdx_23E_z5Ah6EkPDDO7" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_233_zqbD6q0vOPkc" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_zFMFkUMHA88j" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_234_z4FsofWsTWJf" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">The reconciliation between the weighted nominal tax rate and the effective
tax rate is summarized as follows:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89E_ecustom--DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock_zk4oHemIUd27" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_ztpQTvi2Znrc" style="display: none">Schedule of reconciliation between the weighted nominal tax rate and the effective
tax rate</span></td>
    <td id="xdx_49B_20220101__20221231_zZsfHW5qyekb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_494_20210101__20211231_z1y5iDabjvC2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zATkojEfOPva" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--AccountingProfit_maNAPzlZV_zshCLtNphmi1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Profit before tax</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:AccountingProfit" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,235.6</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:AccountingProfit" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13,759.2</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:AccountingProfit" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13,494.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_40F_ecustom--AdjustmentOnTaxableBasisAbstract_iB" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Adjustment on a taxable basis</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_406_ecustom--TaxEffectOfOthersNontaxableIncome_i01_maNAPzlZV_zqkQB4SMYqci" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Others non-taxable income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfOthersNontaxableIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">883.3</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfOthersNontaxableIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">611.0</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfOthersNontaxableIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_404_ecustom--TaxEffectOfGovernmentGrantsRelatedToSalesTaxes_i01_maNAPzlZV_zClrVwjCfSi3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Government grants related to sales taxes&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfGovernmentGrantsRelatedToSalesTaxes" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,535.1</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfGovernmentGrantsRelatedToSalesTaxes" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,883.1</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfGovernmentGrantsRelatedToSalesTaxes" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,597.8</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_401_ecustom--TaxEffectFromSharingResultsOfJointVentures_i01_maNAPzlZV_ztKwHuT1a8Af" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Share of results of joint ventures</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectFromSharingResultsOfJointVentures" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">29.1</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectFromSharingResultsOfJointVentures" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">115.7</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectFromSharingResultsOfJointVentures" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">43.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40B_ecustom--TaxEffectOfExpenseNotDeductible_i01_maNAPzlZV_zWnj0PCwNFi5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Non-deductible expenses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfExpenseNotDeductible" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.8</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfExpenseNotDeductible" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">99.2</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfExpenseNotDeductible" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">119.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--TaxEffectOfForeignTaxRates_i01N_di_msNAPzlZV_z5kIp3UXzbu5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Worldwide taxation</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:TaxEffectOfForeignTaxRates" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">679.3</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="ifrs-full:TaxEffectOfForeignTaxRates" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">360.0</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:TaxEffectOfForeignTaxRates" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">48.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40B_ecustom--NetAccountingProfit_i01T_mtNAPzlZV_zGlR7aVwCfM5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;<ix:nonFraction name="abev:NetAccountingProfit" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,718.4</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;<ix:nonFraction name="abev:NetAccountingProfit" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,120.0</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;<ix:nonFraction name="abev:NetAccountingProfit" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,101.5</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_40B_eifrs-full--ApplicableTaxRate_i01_pip0_dp_z5y93cHeqoL4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Aggregated weighted nominal tax rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:ApplicableTaxRate" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">29.47</ix:nonFraction>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:ApplicableTaxRate" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">27.39</ix:nonFraction>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:ApplicableTaxRate" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">30.26</ix:nonFraction>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Taxes payable &#8211; nominal rate&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20221231_zx14YiYqEaBa" title="Taxes payable  nominal rate" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CurrentTaxLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,453.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_989_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20211231_zUANkarZZDef" title="Taxes payable  nominal rate" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CurrentTaxLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,045.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_982_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20201231_zxYJ7F2LIFnd" title="Taxes payable  nominal rate" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CurrentTaxLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,662.1</ix:nonFraction>)</b></span></td></tr>
  <tr id="xdx_409_ecustom--AdjustmentOnTaxExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Adjustment on tax expense</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_ecustom--TaxEffectOfRegionalIncentives_i01_z8SGDQuZ6he1" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Income tax Incentives</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfRegionalIncentives" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">234.0</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfRegionalIncentives" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">213.2</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfRegionalIncentives" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">123.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_406_ecustom--TaxEffectOfDeductibleInterestOfShareholdersEquity_i01_zDUgGBTv5IVk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Deductible interest on shareholders&#8217; equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfDeductibleInterestOfShareholdersEquity" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,079.9</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfDeductibleInterestOfShareholdersEquity" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,516.0</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="abev:TaxEffectOfDeductibleInterestOfShareholdersEquity" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,213.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--TaxEffectOfImpairmentOfGoodwill_i01_zI83XDCXIYgg" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Tax savings from goodwill amortization</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:TaxEffectOfImpairmentOfGoodwill" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27.2</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:TaxEffectOfImpairmentOfGoodwill" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">77.5</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:TaxEffectOfImpairmentOfGoodwill" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">77.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_ecustom--TaxEffectOfWithholdingTaxOverUndistributedProfits_i01_zHnNN9CQkLie" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Withholding income tax</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfWithholdingTaxOverUndistributedProfits" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">164.5</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfWithholdingTaxOverUndistributedProfits" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">876.0</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfWithholdingTaxOverUndistributedProfits" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">628.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_402_eifrs-full--TaxEffectOfTaxLosses_i01_zS0UsNqM4XZ4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Recognition/(write-off) of deferred charges on tax losses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="ifrs-full:TaxEffectOfTaxLosses" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">58.2</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="ifrs-full:TaxEffectOfTaxLosses" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.5</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:TaxEffectOfTaxLosses" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">123.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40E_ecustom--TaxEffectOfAdoptionOfNewAccountingPolicy_i01N_di_zHIeWmBlSVn6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfAdoptionOfNewAccountingPolicy" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">249.0</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfAdoptionOfNewAccountingPolicy" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">123.3</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(<ix:nonFraction name="abev:TaxEffectOfAdoptionOfNewAccountingPolicy" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50.5</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_405_eifrs-full--OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_i01_zucQtsfGPeM4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Others with reduced taxation</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">239.5</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">602.8</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;<ix:nonFraction name="ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">41.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--IncomeTaxExpenseContinuingOperations_i01N_di_zz18JQFwD6Bl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Income tax and social contribution expense</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">655.6</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">636.6</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxExpenseContinuingOperations" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,762.5</ix:nonFraction>)</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--AverageEffectiveTaxRate_i01_pip0_dp_zq8jxeTRjzvd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Effective tax rate</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>-<ix:nonFraction name="ifrs-full:AverageEffectiveTaxRate" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" sign="-" unitRef="Pure">4.61</ix:nonFraction>%</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b><ix:nonFraction name="ifrs-full:AverageEffectiveTaxRate" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">4.63</ix:nonFraction>%</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b><ix:nonFraction name="ifrs-full:AverageEffectiveTaxRate" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">13.06</ix:nonFraction>%</b></span></td></tr>
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</ix:nonNumeric><p id="xdx_8A3_zebyf2Zq7EDk" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The main events that impacted the effective tax rate
for the period were:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">On September 24, 2021, the Brazilian Supreme Court of Justice (&#8220;STF&#8221;)
issued a binding decision favorable to taxpayers on proceeding n&#186; 1.063.187/SC (<i>Recurso Extraordin&#225;rio n&#186; 1,063,187/SC
&#8211; Tema 962</i>), recognizing the unconstitutionality of Corporate Income Taxes (&#8220;IRPJ and CSLL&#8221;) calculated over SELIC
interest earned upon the recovery of taxes.</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">The Company and its subsidiaries
have judicial claims in process as per described above. Based on the binding decision issued by STF and on the analysis of the Company&#8217;s
external counsels, the Company evaluates as probable that such tax treatment will be accepted in its respective lawsuits, as they relate
to the recognition of its right to recover/offset the amount of IRPJ and CSLL calculated and paid over SELIC interest earned upon the
recovery of taxes accounted in the period between 2006 and 2022, as well as the exclusion of amounts of this nature in the calculation
of its taxable basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">The amount related to <i>Tema
962 </i>that impacted the income tax rate in 2022 was R$<span id="xdx_902_eifrs-full--TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_pn6n6_c20220101__20221231_z761GRJOq1N8" title="Tax benefit arising from previously unrecognised tax loss, tax credit or temporary difference of prior period used to reduce deferred tax expense"><ix:nonFraction name="ifrs-full:TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-6" scale="6" unitRef="BRL">329</ix:nonFraction></span> million.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Government subsidy for sales taxes:&#160;for regional incentives and economic
development policies, these are related primarily to local production, contributing to economic and social impact, and, when reinvested,
are not subject to income tax and social contribution purposes, which explains the impact on the effective tax rate. The amount above
is impacted by fluctuations in the volume, price and any eventual increases in state VAT (&#8220;ICMS&#8221;), reflected in other operating
income or net sales depending on its nature, according to note
3 (y) &#8211; <i>Summary of significant accounting policies &#8211; Tax incentives and
subsidized loans.</i></span></td></tr></table>


<ix:exclude><!-- Field: Page; Sequence: 234 -->
    <div id="xdx_234_zllVlcpjAgCi" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_236_ztzOCiA0e4v8" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23F_zTFsMv4Htjl6" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_zEmpgDzMDxx8" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Complement of income tax on foreign subsidiaries due in Brazil: shows the
result of the calculation of universal taxation of profits, according to the regulations of Law 12,973/14.</span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Withholding income tax: The amount is mainly related to dividends already
distributed and to be distributed by subsidiaries located outside of Brazil, applicable according to local tax legislation. The recorded
values in 2022 are mainly related to the exchange rate variation of the deferred income tax.</span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt; color: black">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Deductible interest on shareholders&#8217; equity: under Brazilian law,
companies have an option to remunerate their shareholders through the payment of interest on capital (&#8220;IOC&#8221;), which amount
is impacted by the taxable result, net income reserves of the Company and by the long-term interest rate (&#8220;TJLP&#8221;). These remunerations
are deductible for income tax purposes.</span></td></tr></table>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory"><p id="xdx_80B_eifrs-full--DisclosureOfPropertyPlantAndEquipmentExplanatory_z8StBBg263S4" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>13.</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;</span></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_018"></span><span id="xdx_82E_z4JVS4knT7rd">PROPERTY, PLANT AND EQUIPMENT</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_897_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_pn5n6_zCh4a8P1ltZc" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Property, Plant and Equipment (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B3_zaJlukf5wtId" style="display: none">Schedule of property, plant and equipment</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 56%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Property, plant and equipment</span></td>
    <td id="xdx_984_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIF3KvGgzguh" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherPropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26,961.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhUM6IfcmU7k" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherPropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26,664.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Right of use assets</span></td>
    <td id="xdx_983_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ztvXyhxTcy26" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherPropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,094.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZVhtGEhnPW2" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:OtherPropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,560.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231_zkK2tBNRNbj4" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:OtherPropertyPlantAndEquipment" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">30,055.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231_zUV6KTHvOXC8" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:OtherPropertyPlantAndEquipment" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">29,224.3</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AE_zrawYD8ia1Ek" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>


<ix:exclude><!-- Field: Page; Sequence: 235 -->
    <div id="xdx_235_zZYL7H6QmQJb" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_230_zR9xyYwwE0Ib" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_230_zYldwwRGEiT1" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_232_zCQkL9ixNmf2" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_23B_zbwkdMXgcSrl" style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p></ix:exclude>

<ix:exclude><p id="xdx_233_zJtsMBHnRrcg" style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p></ix:exclude>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_895_ecustom--ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock_pn5n6_zjOWgxRVTpae" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Reconciliation of Changes in Property, Plant and Equipment (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z5uKTUtmBb9g" style="display: none">Schedule
    of Reconciliation of changes in property, plant and equipment</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; vertical-align: top; width: 40%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Land and buildings</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Plant and equipment</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixtures and fittings</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Under construction</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition cost</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPRlYFJU5Fd" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,385.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWEMMgcpYtUk" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">34,037.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzc5ZRYhODqh" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,219.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9bHWaLy3vPj" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,830.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zliDt5xv2hYh" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56,472.6</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgYpk7vq5Fef" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zK3wl4J9FT5c" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">129.0</ix:nonFraction>&#160;</span></td>
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    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zHNMxJnSHCP9" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzRBoxIbu0Jd" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">193.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zniuP4INng9h" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">544.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNwhBnngkr7j" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,170.1</ix:nonFraction>&#160;</span></td>
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    <td id="xdx_984_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zfnMoa5msfq5" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">148.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zltXLdeAOCp5" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,079.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisition through business combinations</span></td>
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    <td id="xdx_98D_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_ztkJ38WKi36b" title="Acquisition through business combinations" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDygeZFctxZ3" title="Acquisition through business combinations" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.1</ix:nonFraction>&#160;</span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisitions&#160;</span></td>
    <td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFsnwSegmRvj" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z2htpC2wolml" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">960.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwkgAhkDvKNf" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">45.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZwC0Yun2n3i" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,294.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zM843HO4WAEj" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,311.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zj0SVm7syQ0g" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">117.7</ix:nonFraction>)</span></td>
    <td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAZrX8kjxy8" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,238.4</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNBukdBGpAv2" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">360.4</ix:nonFraction>)</span></td>
    <td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zORwUHlw1c53" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.4</ix:nonFraction>)</span></td>
    <td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuMgfa0lIdk9" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,719.9</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSSvbHiYCR99" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">662.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxJ4pfzRufj9" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,402.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zd6idcSs8FTe" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">401.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0rzDYwJR4ul" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,872.9</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1QjkMlPKFy5" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">406.5</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbM9krXgAHs6" title="Property, plant and equipment" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13,539.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoS2q96i4rag" title="Property, plant and equipment" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">37,469.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLNzcHmnxhi6" title="Property, plant and equipment" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,526.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zCGGPVpLvYi8" title="Property, plant and equipment" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,404.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztoQ8n3D41P7" title="Property, plant and equipment" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">63,941.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKUOR3rI7Ap5" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,075.9</ix:nonFraction>)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7wwVt1TUN15" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,378.4</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zN7HR3tj2vRk" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">879.5</ix:nonFraction>)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zELQF0p9dul7" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">360.7</ix:nonFraction>)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgF3ybgE4y94" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5,694.5</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG1MguOL0K11" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">870.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc8nX6L7NaL2" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,891.0</ix:nonFraction>&#160;</span></td>
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    <td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z91gATfNvYF8" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">252.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLU0xd4Td2Oj" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,758.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisitions&#160;</span></td>
    <td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJ1fRQgzoAkj" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjdNdeLkU8Wh" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,283.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcaiA6wLnMQl" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">87.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcrXDro7i7ec" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,923.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zYXCBeR16l6b" title="Acquisitions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,305.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSJjKlPT2TK" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">24.6</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zW38vCj0Y1Ij" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,531.4</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhwAfiLNZWT5" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">349.8</ix:nonFraction>)</span></td>
    <td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNOA0l2xmrs7" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2528">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhFPbtA5GGLe" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,905.8</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWCiv2IhJRrh" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,173.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKG99yG72OVi" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,083.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zmfTCnWNTogk" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">553.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhNU4kYCrQjh" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5,870.4</ix:nonFraction>)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_znQ18cHgZmKb" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,060.0</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxvDKLm7t2Ma" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,494.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAtrxzYZKb2" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">39,818.3</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z82o8pZu9AGc" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,682.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9AgcuYfSpib" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,350.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z4pOALLc5nq2" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">66,345.2</ix:nonFraction>&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 40%">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Land and buildings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Plant and equipment</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixtures and fittings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Under construction</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Depreciation</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zARN6MXvM8Lh" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,993.6</ix:nonFraction>)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPi8vPxnFnKk" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">23,831.0</ix:nonFraction>)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQ7KZEREU4Ok" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5,795.1</ix:nonFraction>)</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgcPjKY4tPpg" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTUJPAKbqCu1" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">33,619.7</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVFkPHeBo37i" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">39.7</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc50gzXdySkl" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">52.4</ix:nonFraction>)</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zl1nSsyh1GB9" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQikLSS0rQ87" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWnZKHVBupOg" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">81.5</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_987_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFMtAKtsCWDf" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">94.1</ix:nonFraction>)</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zimMf3B0S4c" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">557.6</ix:nonFraction>)</span></td>
    <td id="xdx_980_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z33s8hsOixXf" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">146.6</ix:nonFraction>)</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zC0flM4M8Uf7" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWOdbAyfBYw9" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2021-01-012021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">798.3</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisition through business combinations</span></td>
    <td id="xdx_98A_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zya2qFkMtkKg" title="Acquisition through business combinations" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.3</ix:nonFraction>)</span></td>
    <td id="xdx_980_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs0rSygyPwhb" title="Acquisition through business combinations" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.1</ix:nonFraction>)</span></td>
    <td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQY06xCUOhY9" title="Acquisition through business combinations" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.2</ix:nonFraction>)</span></td>
    <td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zY3PJBqftctk" title="Acquisition through business combinations" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0RqABCWjZC5" title="Acquisition through business combinations" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.6</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDfur8MWwq7" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">398.1</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zb7Jx4T9dCy8" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,098.5</ix:nonFraction>)</span></td>
    <td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zONbS28rlbJ5" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">634.4</ix:nonFraction>)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlOsuPqiDc6j" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zOY9116oTA9c" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4,131.0</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSMeap2UZm6c" title="Disposals and write-offs" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">46.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVIGClUlY65k" title="Disposals and write-offs" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,222.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zr0v8cREylg" title="Disposals and write-offs" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">320.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZleOw2k896c" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPibWIm4b9lc" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,589.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTAoEMmeH1d7" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">36.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU8bNy5CWZue" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zF0iEd1ndjsk" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zrc6kfMfXkT9" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zy9aLaDTakpf" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">43.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impairment losses</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztemukLEXB2k" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7.1</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEOZKnqWlewe" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">269.0</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zGCYWyvUOIt8" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.1</ix:nonFraction>)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWtUoTvNXfV4" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRlJYWNZTtjk" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">278.2</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKRPzXlSzJPe" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4,449.7</ix:nonFraction>)</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPWe7FfMC0r9" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">26,585.7</ix:nonFraction>)</b></span></td>
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    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG9ueTZJYx" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">37,277.2</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD92lJKkv96l" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">243.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFuFg82yXChj" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,311.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcQztDuCxC1d" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">767.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDpIb69fKF8" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoR6t5abq0Wj" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,322.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z20oIKC2kUO5" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">157.8</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlTP3JmvecXg" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,938.4</ix:nonFraction>)</span></td>
    <td id="xdx_98A_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zx7vMIN3b1ge" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">647.7</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zu6p9fF89wue" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zdk1WLNPdC98" title="Effects of application of IAS 29 (hyperinflation)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:PropertyPlantAndEquipmentEffectOfAccountingPolicy" contextRef="From2022-01-012022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,743.9</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNMQjLx3XC3b" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">436.4</ix:nonFraction>)</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgl9ULimaD7h" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,161.0</ix:nonFraction>)</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRDZ9J32MTsc" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">579.7</ix:nonFraction>)</span></td>
    <td id="xdx_98A_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJpx7FAT5vNa" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2668">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zw7v2bbxejJg" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4,177.1</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_983_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQEGCob2Yoik" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU7MjWih83rb" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,515.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7IkESVuVgS6" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">335.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs1kUK7ZpXt1" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zUMXZAGlb5o6" title="Disposals and write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DisposalsAndWriteoffsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,855.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSfw4shtqGoc" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz6hRVQNJVz" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">32.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjN15zuH7O4k" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRcQoXTN74O5" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1mxM96ClBza" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impairment losses</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbB7uKj7fCfc" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.4</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVVi2sTeEwn6" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">403.6</ix:nonFraction>)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zkObd932xXal" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2696">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zP4sHBE2Ivhb" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEEjFcX6LBta" title="Impairment losses" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">404.0</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIEy2FMWtTNj" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4,795.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zpqqEoPwboT6" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">28,229.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9qou4ZXMKlj" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,358.8</ix:nonFraction>)</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbhDst8iWu4h" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVXWVbBFVKLk" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">39,383.9</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zsusdY60iVh7" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,090.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zctkQyHJKxW6" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10,884.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAuSFSRRo52j" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,285.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz7RDMGXK8Zi" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,404.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcPOfhgUYVDj" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26,664.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7vztkbpoUW" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_LandAndBuildingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,698.3</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD2oW5sBu4pa" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_custom_PlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,589.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQUDciQ37hv9" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,323.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zBOmAZIy8tgg" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,350.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAD0OOeduWc6" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26,961.3</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The balances of fixed assets provided as security are
not material.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 236 -->
    <div id="xdx_233_zRHfVuO0gnqc" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_235_zGmHyxY6QyDk" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23D_zDCKw6tta9fc" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23C_zSaSZrjk7dbh" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Right-of-use asset:</b></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: top; width: 52%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Buildings</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Machinery, equipment and vehicles</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition cost</b></span></td>
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z8AtucGlz2a2" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,791.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zo487D8GAKT" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,905.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zJ4o072Ih8E1" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">175.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUytO7L1snIj" title="Property, plant and equipment" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,873.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zgVn7vGJm2Yg" title="Effects of movements in foreign exchange in the balance sheet" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">51.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z60IvhUkZhJe" title="Effects of movements in foreign exchange in the balance sheet" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zh4Axxo4Ipkl" title="Effects of movements in foreign exchange in the balance sheet" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zK3P6cmKBMue" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">62.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zxRAf5YlkPgd" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">803.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zsTQ3qlQuZU2" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,409.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zaWhARS6fdxe" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">71.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zG6ysg0dFb75" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,284.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zvLrkF7TKLm2" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">312.4</ix:nonFraction>)</span></td>
    <td id="xdx_98C_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zWoh81CRWFN" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,327.8</ix:nonFraction>)</span></td>
    <td id="xdx_98F_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zKPPIOEs0t6f" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">122.7</ix:nonFraction>)</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzx0rS8EK5Bj" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,762.9</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqraWIOe2z6f" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">27.7</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zlG3dSG6FGVb" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">76.5</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKbMWyiqTbB9" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">90.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z2guAGMc5qAh" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">13.9</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6Ul44Q65dk8" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,307.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMwOzkgOlN17" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,915.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zNrHf1X69n9b" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">220.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zL9KLzztd49b" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,443.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zwxWbkE0DhAk" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">111.6</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv7HnTL1P5vd" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.7</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z97Y7Tao6qnb" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.4</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zr2zLfTZ7Efl" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">128.7</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zIgvKR1xiWwa" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">628.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zwRimQ3Rc34e" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">915.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zfHouh9NH2dl" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">94.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z9DvvQ5bHOt4" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:AdditionsPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,637.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zeGrFCrrwKN2" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.2</ix:nonFraction>)</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zdEKs3YZoOm4" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">252.5</ix:nonFraction>)</span></td>
    <td id="xdx_982_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zuvUbaS85JPk" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zR0i1r0aLoU3" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">263.7</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv67oAbNPDa5" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">114.0</ix:nonFraction>)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z555wr3jmVR5" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">21.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUoYHcxN01Ne" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7.8</ix:nonFraction>)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzbkZaw9BOVa" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">100.1</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBhkbTKz3n56" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,698.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zszVUzN6dIbb" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,587.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhljZNMfyQP5" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">302.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4N0Sy6Cpw2f" title="Property, plant and equipment" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,588.2</ix:nonFraction>&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 52%">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Buildings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Machinery, equipment and vehicles</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Depreciation</b></span></td>
    <td colspan="4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqiiRH1sTuxg" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">812.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zse5YoE0anj4" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,017.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRzpTo2dfO2l" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">126.7</ix:nonFraction>)</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z99l9UyenQJ2" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,957.5</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zbv7gHZmjQKb" title="Effects of movements in foreign exchange in the balance sheet" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">19.3</ix:nonFraction>)</span></td>
    <td id=" " title="Effects of movements in foreign exchange in the balance sheet" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.5</ix:nonFraction>)</span></td>
    <td id=" " title="Effects of movements in foreign exchange in the balance sheet" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.6</ix:nonFraction>)</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zYIFQVEjt1t5" title="Effects of movements in foreign exchange in the balance sheet" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">24.4</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_983_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zGBhBh8xrkb4" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">476.3</ix:nonFraction>)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zH5znmeEk8D5" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">489.4</ix:nonFraction>)</span></td>
    <td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpFCx9u4znal" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">58.7</ix:nonFraction>)</span></td>
    <td id="xdx_986_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6DpozWiLCF5" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,024.4</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zfqkli690KF8" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">205.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zlXAJs9GwoNi" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">794.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zWEPACjJphe4" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">109.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhEp5vPbIxza" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,110.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers (from)/to other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ziowCmWNcR1e" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.5</ix:nonFraction>&#160;</span></td>
    <td id=" " title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">43.1</ix:nonFraction>&#160;</span></td>
    <td id=" " title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">31.2</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl7dpKmvBjFk" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zrRzPfUmr84f" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,101.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zXZgQ3BT9WTb" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">670.8</ix:nonFraction>)</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMDiqpKVhAQg" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">110.6</ix:nonFraction>)</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIRDf0s3siR" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,882.6</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRaFVp06YIi5" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">47.3</ix:nonFraction>&#160;</span></td>
    <td id=" " title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.0</ix:nonFraction>&#160;</span></td>
    <td id=" " title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zFTgmLgjTDVh" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98B_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBAgaAJlK4ce" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">391.6</ix:nonFraction>)</span></td>
    <td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDEsDugOPlNl" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">415.3</ix:nonFraction>)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z5ZkOQzLIlo2" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">38.6</ix:nonFraction>)</span></td>
    <td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4A55PKKxjA9" title="Depreciation" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DepreciationPropertyPlantAndEquipments" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">845.5</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_984_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zWXv1N7vksL3" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zc1viWyHtFch" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zBSXoacpuwQj" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zULY1reLQmV9" title="Write-offs" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WritedownsReversalsOfPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">78.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers (from)/to other asset categories</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zi1b0B776Ii" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">77.1</ix:nonFraction>&#160;</span></td>
    <td id=" " title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11.8</ix:nonFraction>&#160;</span></td>
    <td id=" " title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zV9D5SVAuBIl" title="Transfers from/(to) other asset categories" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">99.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKr66Y6ZKCo1" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,347.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zWss27nnSsPf" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,010.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDbi9HJehZY6" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">135.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUnl97ra5fja" title="Property, plant and equipment" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,493.7</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zmhH5vDKlTS7" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,206.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl28Pl5w27Ul" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,244.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIhe0xlvmF5a" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">110.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZgKYAYF6Tqf" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2021-12-31_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,560.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zkyKZVSsmCIj" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_BuildingsMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,350.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzgvedy0ubFf" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_custom_MachineryEquipmentAndVehiclesMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,577.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDnSwBhgeu0d" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">166.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpb09uMHr9k" title="Property, plant and equipment" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:PropertyPlantAndEquipment" contextRef="AsOf2022-12-31_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,094.5</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A4_zMkoexleZwIl" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The average discount rate applied for IFRS 16, using
the incremental rate was as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:AverageDiscountRateAppliedForIFRS16TextBlock"><table cellspacing="0" cellpadding="0" id="xdx_892_ecustom--AverageDiscountRateAppliedForIFRS16TextBlock_pn5n6_zyL3inYFNdil" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Average Discount Rate Applied for IFRS 16 for January 1st (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zyZjx1t1cIa8" style="display: none">Schedule of average discount rate applied for IFRS 16</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Rate %</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Lease Term</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 3%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">2022 - 2026</span></td>
    <td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zNp6Thr5LB2g" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2022-12-31_custom_LeaseTerm2022.2026Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">9.46</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_ztaAO73erARc" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2021-12-31_custom_LeaseTerm2022.2026Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7.29</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zK9yI1WHh8I9" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2020-12-31_custom_LeaseTerm2022.2026Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.54</ix:nonFraction>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">2027 - 2031</span></td>
    <td id="xdx_985_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zt8f2zVvZwY8" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2022-12-31_custom_LeaseTerm2027.2031Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.27</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_ziLrIhrq2G1c" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2021-12-31_custom_LeaseTerm2027.2031Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">9.78</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zWUTr0SdNsP3" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2020-12-31_custom_LeaseTerm2027.2031Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">8.19</ix:nonFraction>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">2032 - 2036</span></td>
    <td id="xdx_98A_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_z0gTKo5HFzYl" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2022-12-31_custom_LeaseTerm2032.2036Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15.16</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zUQcefq82x42" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2021-12-31_custom_LeaseTerm2032.2036Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">14.47</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zgtRE6wKjEB3" title="Rate %" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" contextRef="AsOf2020-12-31_custom_LeaseTerm2032.2036Member" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.97</ix:nonFraction>%</span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AD_z6cXqZ3mnqca" style="font: 10pt/115% Arial,sans-serif; margin: 0 0 10pt">&#160;</p>



<ix:exclude><!-- Field: Page; Sequence: 237 -->
    <div id="xdx_23E_zmJSeOmuKpud" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_230_zw07HCd38TOb" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_236_zfyUarazmQR7" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_231_zkmYE4cry5h1" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<ix:exclude><p id="xdx_23D_zyW0HVrMmal3" style="margin-top: 0; margin-bottom: 0">&#160;</p></ix:exclude>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfGoodwillExplanatory"><p id="xdx_801_eifrs-full--DisclosureOfGoodwillExplanatory_zawrusgwejKd" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>14.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_019"></span><span id="xdx_826_zuxDCVaXWXEi">GOODWILL</span></b></span></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_890_eifrs-full--DisclosureOfReconciliationOfChangesInGoodwillExplanatory_pn5n6_z4nsw5GGYe03" summary="xdx: Disclosure - GOODWILL - Changes in the Period (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B0_znauQH3tHhRf" style="display: none">Schedule of reconciliation of changes in goodwill</span></td>
    <td id="xdx_497_20220101__20221231_zOMf6FmRrH7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_497_20210101__20211231_zHCIbgqxl0jb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 66%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_405_eifrs-full--Goodwill_iS_z8tD6HlyR3lf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Balance at the end of the previous year</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">42,411.3</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40,023.5</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_zxrJtjwsGT84" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,510.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,255.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:GoodwillAdjustmentAdoptionOfNewAccountingAdjustment" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,709.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:GoodwillAdjustmentAdoptionOfNewAccountingAdjustment" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,092.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_405_ecustom--IncreaseDecreaseThroughBusinessCombinationsGoodwill_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Acquisitions, (write-offs) and disposal through business combinations</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughBusinessCombinationsGoodwill" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">16.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughBusinessCombinationsGoodwill" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_404_eifrs-full--Goodwill_iE_zj2gm7gLKzh2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Balance at the end of the year</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40,594.0</ix:nonFraction>&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">42,411.3</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AE_z25oYQ4TEMpj" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The carrying amount of goodwill was allocated to the
different CGU as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89E_eifrs-full--DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_pn5n6_zzdQfZ42iMK4" summary="xdx: Disclosure - GOODWILL - Carrying Amount of Goodwill Allocated to the Different Cash-generating Units (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zHHCt2DvdMw" style="display: none">Schedule of carrying amount of goodwill</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Functional currency</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Brazil</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">BRL</span></td>
    <td id="xdx_989_eifrs-full--Goodwill_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zVDcfUUxkymi" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">17,702.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_z32xiBA4Nb85" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">17,702.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Goodwill</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--GoodwillGrossAmount_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zgVZVDZDUScl" title="Goodwill, gross" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:GoodwillGrossAmount" contextRef="AsOf2022-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">102,945.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_ecustom--GoodwillGrossAmount_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zV9uq4vd43W7" title="Goodwill, gross" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:GoodwillGrossAmount" contextRef="AsOf2021-12-31_custom_Brazil1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">102,945.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">&#160;Non-controlling transactions&#160;</span><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></td>
    <td id="xdx_987_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zQi0e4tmL4R2" title="Goodwill, non-controlling transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:GoodwillNoncontrollingTransactions" contextRef="AsOf2022-12-31_custom_Brazil1Member" id="Fact002974" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">85,242.6</ix:nonFraction>)</span></td>
    <td id="xdx_985_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zKfWHt3UvgU1" title="Goodwill, non-controlling transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:GoodwillNoncontrollingTransactions" contextRef="AsOf2021-12-31_custom_Brazil1Member" id="Fact002976" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">85,242.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>CAC:</b></span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dominican Republic</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">DOP</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zhRdGA9GhFEa" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_DominicanRepublicMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,231.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zamPLQ0OTncd" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31_custom_DominicanRepublicMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,439.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Panama</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PAB</span></td>
    <td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zwO3vBd4VaBj" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_PanamaMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,813.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zgKWUpJAFwh8" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31_custom_PanamaMember_custom_CACMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,939.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Latin America - South:</b></span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Argentina</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ARS</span></td>
    <td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zHZ2Ncs6gZHk" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_ArgentinaMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,463.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zo3iRmZ1rOZi" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31_custom_ArgentinaMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,232.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bolivia</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">BOB</span></td>
    <td id="xdx_98B_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zG49R1e8NFsf" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_BoliviaMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,845.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zpmjbX0n5Umd" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31_custom_BoliviaMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,973.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Chile</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">CLP</span></td>
    <td id="xdx_98A_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_z15TqvaAhI36" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_ChileMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">53.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zr1st4UtZBxj" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31_custom_ChileMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">57.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Paraguay</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PYG</span></td>
    <td id="xdx_984_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zIdnCzoMXbQ6" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_ParaguayMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">953.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zqYyXtRjDh2h" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2021-12-31_custom_ParaguayMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,083.2</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Uruguay</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">UYU</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--UruguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zUn3QFiwcBBd" title="Goodwill" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:Goodwill" contextRef="AsOf2022-12-31_custom_UruguayMember_custom_LatinAmericaSouthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">193.1</ix:nonFraction>&#160;</span></td>
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<p style="font: 8pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zR2hGsQ0h9r7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
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</table>


</ix:nonNumeric><p id="xdx_8A8_zZ8IJ0K2zIoj" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify">The impairment testing of assets with indefinite useful
lives requires the use of a number of critical judgments, estimates and assumptions. Goodwill, which accounted for approximately <span id="xdx_90A_ecustom--GoodwillPercentageOfTotalAssets_iI_pip0_dp_c20221231_zswIimsO22r8" title="Goodwill percentage of total assets"><ix:nonFraction name="abev:GoodwillPercentageOfTotalAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">29</ix:nonFraction></span>% of
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annually. The cash-generating unit level is the lowest level at which assets are monitored for internal management purposes. When a business
combination occurs, assets with indefinite useful lives are allocated, from the acquisition date, to each business unit that is expected
to benefit from the synergies arising from the combination.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Annual impairment testing</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The Company cannot predict whether an event that could
trigger impairment will occur, when it will occur or how it will affect the value of the asset reported. The Company believes that all
of its estimates are reasonable, are consistent with the Company&#8217;s internal reporting and reflect Management&#8217;s best estimates.
However, inherent uncertainty exists which Management is not able to control. While changes in estimates could have a material impact
on the calculation of fair values, and trigger impairment,</p>


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    <div id="xdx_23A_z5SBS8aKKcQb" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_238_zotTCVJgAOdg" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">the Company, based on the sensitivity analysis performed,
is not aware of any reasonably possible changes in key assumptions that would cause a business unit&#8217;s carrying amount to exceed
its recoverable amount.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 2pt 0 0; text-align: justify">The Company completed its annual impairment testing
for goodwill based on the assumptions described below and concluded that no impairment charge was warranted.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The methodology used by the Company to determine
the recoverable value of all its CGUs is the net fair value of selling expenses, using multiples of the profit before financial result,
income tax and depreciation and amortization expenses (&#8220;EBITDA&#8221;), observed in the market for previous comparable business
transactions in the domestic and international brewing industry. The values &#8203;&#8203;used by the Company for this approach are based
on external sources of information. This measurement is classified at Level 2 of the fair value hierarchy, since the main source of information
used by the Company to determine the recoverable value was the EBITDA multiples of observable transactions involving comparable businesses.
As part of this multiples analysis, the Company has established that CGUs with invested capital that exceeds seven times their EBITDA
should have their recoverable value determined using the value-in-use approach, to determine whether the fair value less costs to sell
exceeds the carrying amount of the CGU. Based on the most recent analysis carried out by the Company, only Chile and Panama met this criterion.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Thus, for Brazil, Panama and Chile CGUs, the
Company also used discounted cash flow projections to determine the CGUs&#8217; recoverable amounts, in order to corroborate the conclusions
reached by applying the fair value less disposal costs approach that he carrying amount of these CGUs does not exceed their recognized
accounting values. The selection of these CGUs considered quantitative and qualitative aspects, since only the Brazil CGU, which is the
most representative of the Company as a whole, and for Chile and Panama CGUs, have reached a multiple above the pre-determined parameter
related to EBITDA.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>Sensitivity analysis </b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Based on the probable scenario, a sensitivity analysis
was carried out for a 0.5 percentage point increase or decrease in the discount rate and growth rate. In any combination, the value of
the cash flow is higher than its book value. As a result of this&#160;analysis, there is no need to record any provision to impairment
from these assets.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The key judgments, estimates and key assumptions used
for the discounted free cash flow calculations for these CGUs were as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td><span style="font-size: 12pt">The first year of the model is based on management's best estimate of the free cash flow outlook for
the current year;</span></td></tr></table>


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    <div id="xdx_23F_zhN1bdvGmBpe" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_231_z7Ixwe1UZ4di" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_236_zc4258L8a0A8" style="font: 10pt/115% Arial,sans-serif; margin: 0 1.85pt 0 0; text-align: justify">&#160;</p></ix:exclude>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td style="text-align: justify; padding-right: 1.85pt"><span style="font-size: 12pt">To the second year of the model, the free cash flow
is based on AB InBev's strategic plan, as approved by key management. AB&#160;InBev's strategic plan is prepared on a per country basis,
and is based on external sources of macroeconomic assumptions, industry trends, inflation and foreign exchange rates, past experience
and identified initiatives in terms of market share, revenue, variable and fixed costs, capital expenditure and working capital assumptions;</span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td style="text-align: justify; padding-right: 1.85pt"><span style="font-size: 12pt">From the third to the tenth year of the model,
                                                                                                                            the cash flow is extrapolated using the growth in volumes, price indexes, and expected market share for each CGU. For the Chile and
                                                                                                                            Panama CGU, the best estimates from local Management were considered; and</span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td style="text-align: justify; padding-right: 1.85pt"><span style="font-size: 12pt">Projections are made in the functional currency of
the business unit and discounted at the unit's weighted average cost of capital (&#8220;WACC&#8221;), considering sensitivities of this
metric. </span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">Based on the cash flow analysis, the growth rates applied ranged from <span id="xdx_901_ecustom--GrowthRate_pip0_dp_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3rmYkQBjJW5" title="Growth rate"><ix:nonFraction name="abev:GrowthRate" contextRef="From2022-01-012022-12-31_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.3</ix:nonFraction></span>%
to <span id="xdx_907_ecustom--GrowthRate_pip0_dp_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zPWIf6AFmDw3" title="Growth rate"><ix:nonFraction name="abev:GrowthRate" contextRef="From2022-01-012022-12-31_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">8.7</ix:nonFraction></span>%.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The nominal WACC applied in the local currency for each
CGU was as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_891_eifrs-full--DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_zatjSSKXrtRg" summary="xdx: Disclosure - GOODWILL - Weighted Average Cost of Capital (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span id="xdx_8B1_zFDuJmsFoHyk" style="display: none">Schedule
    of local currency</span></td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%">&#160;</td></tr>
<tr>
    <td style="border-bottom: Black 1pt solid; width: 79%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif"><b>CGU</b></span></td>
    <td style="border-bottom: Black 1pt solid; width: 21%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif"><b>2022</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif">Chile</span></td>
    <td id="xdx_980_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zYEsq2sEQ3rj" title="Weighted average cost of capital" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif"><ix:nonFraction name="ifrs-full:SignificantUnobservableInputAssets" contextRef="AsOf2022-12-31_custom_ChileMember_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">11.4</ix:nonFraction>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif">Panama</span></td>
    <td id="xdx_987_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_z0Gik6cIXlph" title="Weighted average cost of capital" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif"><ix:nonFraction name="ifrs-full:SignificantUnobservableInputAssets" contextRef="AsOf2022-12-31_custom_PanamaMember_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.0</ix:nonFraction>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif">Brazil</span></td>
    <td id="xdx_989_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--BrazilMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zgYjjpie4Sc6" title="Weighted average cost of capital" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif"><ix:nonFraction name="ifrs-full:SignificantUnobservableInputAssets" contextRef="AsOf2022-12-31_custom_BrazilMember_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">12.7</ix:nonFraction>%</span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A2_z9dNznSAZMd2" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Although Ambev believes that its judgments,
assumptions and estimates are appropriate, actual results may differ from these estimates based on different assumptions or
conditions of market or macroeconomic.</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>


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    <div id="xdx_23C_zmE7pksf7khf" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23F_zfyr8RilZM5b" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_230_z84MdlXYbCtc" style="margin-top: 0; margin-bottom: 0">&#160;</p></ix:exclude>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfIntangibleAssetsExplanatory"><p id="xdx_801_eifrs-full--DisclosureOfIntangibleAssetsExplanatory_zHII8xNqi2Vj" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>15.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_020"></span><span id="xdx_829_z416VT46Zhna">INTANGIBLES</span></b></span></td></tr>
</table>


<p style="font: 9pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_pn5n6_zlKBemVArlgi" summary="xdx: Disclosure - INTANGIBLES - Reconciliation of Changes in Intangible Assets (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BC_zi00CZXy5V47" style="display: none">Schedule
    of intangible assets</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Commercial</b></span></td>
    <td colspan="3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 48%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Brands</b></span></td>
    <td style="white-space: nowrap; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>intangibles</b></span></td>
    <td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Software</b></span></td>
    <td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition cost</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
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    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zFgeOpGB7FO8" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,284.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGXkOaAWEMfi" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,238.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zPlYU1hNjxJe" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,100.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zP9yBLMnViM1" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,276.8</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zjGEvNRPiFXb" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">123.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zxZu65HOw7B6" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16.3</ix:nonFraction>&#160;</span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
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    <td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zmrwJlmeQDN4" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zrRGiPObatF9" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">103.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zkl9IOMRAawi" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">149.1</ix:nonFraction>&#160;</span></td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
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    <td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z7PGqIxnRVk4" title="Additions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">340.1</ix:nonFraction>&#160;</span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal&#160;</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zNejsx3OPPu6" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">31.0</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI6HZF135Ru8" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z4UEnl9w5ph9" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">13.4</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zqIj01NX2Jl9" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVTJRMna2Tzf" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">44.4</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsuz8rlNaP0f" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">39.0</ix:nonFraction>)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z0aTOUVR0uKj" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8.5</ix:nonFraction>)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zXqqSOb7tlR8" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">625.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW1gZ7Ka0h4b" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">206.9</ix:nonFraction>)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zhLoceeL1thd" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">370.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zCMvdIshiaM3" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,329.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zsHJSgFEDAHc" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,348.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZ8JQvbuHQi7" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,959.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW7RfREhw496" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,378.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z3GXyEqnMiu7" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,014.9</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z8h5ehJTFgE3" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,096.2</ix:nonFraction>)</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zbgIZa85Pk5b" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">114.3</ix:nonFraction>)</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjZLGA94kc7k" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">351.3</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zjZlcMCHKKUc" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">308.4</ix:nonFraction>)</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zK68i0y6YQFd" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,870.2</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zSGBivdM1dc2" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">930.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zEHsjJD9EnVh" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">71.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z9GnRG8IUo5f" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">338.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zuwceQCpG4Nb" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">292.3</ix:nonFraction>&#160;</span></td>
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  <tr style="background-color: White">
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    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVYrsJchb77k" title="Additions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">227.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal&#160;</span></td>
    <td id="xdx_989_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbA8rJkuYIXh" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zOnQ0SarOXn2" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zftGnTPzTY7c" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.1</ix:nonFraction>)</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zfweYLy98bje" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zEPchHBfrqp3" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.1</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
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    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zG3ZkMQ7k31f" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjX1xpwEnA4l" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,400.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zE6NxfSv1A34" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">364.1</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z82nuXNtCLNc" title="Transfers from/(to) other asset categories" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,039.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zhSM6K0TjKLj" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_BrandNamesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,163.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zkB7qoiTcbg" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,308.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zhLcMB2FwGY7" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,353.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zGojVYeTsk7a" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,218.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zl7C9ig7Hep9" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_GrossCarryingAmountMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">15,044.4</ix:nonFraction>&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 48%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 9%">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 13%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Commercial</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Brands</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>intangibles</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Software</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortization</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zQPEenF5GMyl" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI84STufKmzf" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,584.4</ix:nonFraction>)</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zR9TjKieXbv3" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,458.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zEdi6CFFnm0h" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">653.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zvOndh4Js4tb" title="Intangible assets, beginning balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4,696.2</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zne95UIz7yrc" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_ztDv0wBVpMse" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zqMgTxTyjgt5" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">15.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpXqgEHNsBsl" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zZ4mw52ipYRd" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">48.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zR9wKYvhC7Lf" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zcR72PJOOIb3" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">56.0</ix:nonFraction>)</span></td>
    <td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zAoKrYUrEJ7b" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">83.8</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z97Ir8hs1v04" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">139.7</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z1C1h9wnawcj" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">279.5</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Amortization</span></td>
    <td id="xdx_98B_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbWltTB3r0B5" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z4KWQQLh84Mk" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">58.4</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zoXQiRuhogIf" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">299.7</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z1HVvVLRxh5d" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">46.8</ix:nonFraction>)</span></td>
    <td id="xdx_98D_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zaLpOnQ8RkEg" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">404.9</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal</span></td>
    <td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zOMYbKHUJKFl" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zf32L83Bpuf3" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zPB5xZc2NrO7" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zt7qu0fXaP19" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zUxnljIITkOi" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
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    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLiKS15RxZ8g" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2Z64b9myjo2" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">16.7</ix:nonFraction>)</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zcePMpKWfRc7" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.1</ix:nonFraction>)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zyt6XM0e1d5k" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2021-01-012021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8.3</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
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    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z5Pt3qqeAzBh" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,677.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z1b9mW7Zi571" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,829.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpcf34k5ZFBl" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">819.4</ix:nonFraction>)</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zPF4UQpqLa4b" title="Intangible assets, beginning balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5,325.9</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zm246It4QkWh" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zCcv9K4K6x56" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">69.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z55wVEbKPHjb" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">220.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zX1pNKOChps7" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">212.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za41Liljif1i" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">502.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zc56KvVzFd63" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUjvd13Wozh9" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">71.2</ix:nonFraction>)</span></td>
    <td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkjxXyCD4Jpd" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">211.8</ix:nonFraction>)</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zvfj0FdFxUcc" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">215.5</ix:nonFraction>)</span></td>
    <td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zmWeRE8U40l6" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">498.5</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Amortization</span></td>
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    <td id="xdx_985_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLR16ssren41" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">58.1</ix:nonFraction>)</span></td>
    <td id="xdx_980_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zUp20bFIv3W2" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">401.1</ix:nonFraction>)</span></td>
    <td id="xdx_984_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z0oye8nOcM9k" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">43.0</ix:nonFraction>)</span></td>
    <td id="xdx_989_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zreIu3rDM1lf" title="Amortization" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">502.2</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal</span></td>
    <td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z43HE6FOrNh1" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUSlMRzI1jDb" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zQWznfZP7g2j" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zKKAtyEUefXj" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zfHZjNpUJlP" title="Disposal" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DisposalsIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsesMj5LCBV7" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zSJsDJKJLJL7" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zMGkHd82f0C2" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zWOpXPRkqlz7" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zsJCiZhXq8Ah" title="Transfers from/(to) other asset categories" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" contextRef="From2022-01-012022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zBQbfshPFzCg" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_BrandNamesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zBq0CLgNVvNe" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,736.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zf7VSKv7bwb1" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_ifrs-full_ComputerSoftwareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,219.8</ix:nonFraction>)</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zxGZOUJlynV" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">865.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zIJCA7VqjBdc" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5,822.2</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td colspan="5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: White">
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    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231_zclvVGEBnTN1" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,689.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
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    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zZUMcXFzCOJ4" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_custom_CommercialIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">571.7</ix:nonFraction>&#160;</b></span></td>
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    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ATUKXe9nFa" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31_custom_OthersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">353.3</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231_znC5uCoYbhe7" title="Intangible assets, final balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsOtherThanGoodwill" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,222.2</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A2_zogxzTKmOqyj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The Company is the owner of some of the world&#8217;s
leading brands in the beer industry. As a result, brands are expected to generate positive cash flow for as long as the Company owns the
brands, and accordingly they have been assigned indefinite useful lives. The most representative brands that have been recorded as a result
of the fair value determination of past acquisitions are <i>Quilmes</i> in Argentina, <i>Pilsen</i> in Paraguay, <i>Pace&#241;a</i>
and <i>Huari</i> in Bolivia and <i>Presidente </i>and <i>Presidente Light</i> in the Dominican Republic.</p>


<ix:exclude><!-- Field: Page; Sequence: 241 -->
    <div id="xdx_234_zmskVDE62T04" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23A_z57RuJiDMNrg" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_238_z2ttqdX7hPac" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_230_z65HCTsIEd5j" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The carrying value of intangible assets with indefinite
useful lives classified as brands were allocated to the following CGUs:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89E_eifrs-full--DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory_pn5n6_zjl5xIan9ZUd" summary="xdx: Disclosure - INTANGIBLES - Intangible Assets by Location (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B2_zSHCgtSh59za" style="display: none">Schedule of carrying value of intangible assets with indefinite
useful lives</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Argentina</span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zb1Ly2ZATwx7" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2022-12-31_custom_IntangibleAssetsInArgentinaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,019.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zWq9lQKI6IP" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2021-12-31_custom_IntangibleAssetsInArgentinaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,917.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bolivia</span></td>
    <td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z7nt2T2dItmj" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2022-12-31_custom_IntangibleAssetsInBoliviaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">894.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z98cEYswX627" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2021-12-31_custom_IntangibleAssetsInBoliviaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">956.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Canada</span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_zfbMQyjje89d" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2022-12-31_custom_IntangibleAssetsInCanadaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">206.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_z9vjC34ujeCj" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2021-12-31_custom_IntangibleAssetsInCanadaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">235.2</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Chile</span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zVRtanz6YC1i" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2022-12-31_custom_IntangibleAssetsInChileMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">78.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zKQyx5L8tMul" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2021-12-31_custom_IntangibleAssetsInChileMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">84.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Luxembourg</span></td>
    <td id="xdx_981_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zlmhehPPMkIl" title="Intangible assets with indefinite useful life" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2022-12-31_custom_IntangibleAssetsInLuxembourgMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">339.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zMP4OslGuRhd" title="Intangible assets with indefinite useful life" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2021-12-31_custom_IntangibleAssetsInLuxembourgMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">339.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Paraguay</span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zPF2Ri3OTSoc" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2022-12-31_custom_IntangibleAssetsInParaguayMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">542.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zbm6UKPmPTK9" title="Intangible assets with indefinite useful life" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2021-12-31_custom_IntangibleAssetsInParaguayMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">616.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Panama</span></td>
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  <tr style="background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231_zV7rzFcEjyX7" title="Intangible assets with indefinite useful life" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,163.1</ix:nonFraction>&#160;</b></span></td>
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  </table>
</ix:nonNumeric><p id="xdx_8A6_zkvmfxyVszS1" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Intangible assets with indefinite useful lives have been tested
for impairment on a CGU level basis, which is consistent with the approach described in Note 14 - <i>Goodwill</i>.</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfInvestmentSecuritiesTextBlock"><p id="xdx_804_ecustom--DisclosureOfInvestmentSecuritiesTextBlock_zKlKiHrfOTt9" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>16.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_021"></span><span id="xdx_826_zHMEkhxHmfng">INVESTMENT SECURITIES</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfInvestmentSecuritiesPortionsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_892_ecustom--DisclosureOfInvestmentSecuritiesPortionsTextBlock_pn5n6_zSwzBvXezUS" summary="xdx: Disclosure - INVESTMENT SECURITIES - Portions of Investment Securities (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z3XPPKtBmiU7" style="display: none">Schedule
    of investment securities</span></td>
    <td id="xdx_493_20221231_zP56ImQIBSN2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_492_20211231_zzcjkShCTrE2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 62%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40B_eifrs-full--DebtInstrumentsHeld_iI_maNHIzS5U_zW6g8HFcoIP3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Investment on debt securities&#160;<sup id="xdx_F4E_zAornXYuIuM9">(i)</sup></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:DebtInstrumentsHeld" contextRef="AsOf2022-12-31" id="Fact003363" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">219.1</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:DebtInstrumentsHeld" contextRef="AsOf2021-12-31" id="Fact003364" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--NoncurrentHeldtomaturityInvestments_iTI_mtNHIzS5U_maISzLym_zePN5ByXyLe9" style="background-color: White">
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current investment securities</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:NoncurrentHeldtomaturityInvestments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">219.1</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:NoncurrentHeldtomaturityInvestments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.9</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_iI_maCIzPMc_ziRQ3r36WL96" style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial assets at fair value through profit or loss</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">454.5</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,914.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--CurrentInvestments_iTI_mtCIzPMc_maISzLym_zqNQOvS2U2c7" style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current investment securities</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentInvestments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">454.5</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentInvestments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,914.6</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_ecustom--InvestmentSecurities_iTI_mtISzLym_zm1ZDDiCHmv4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:InvestmentSecurities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">673.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:InvestmentSecurities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,107.5</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F07_zI6AhYyQuoOh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F13_zlesEqIJr5oh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote003377" xml:lang="en-US">The balance refers substantially to financial investments linked to tax incentives that do not have immediate&#160;convertibility into&#160;a
known amount&#160;of&#160;cash.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8A8_zRzqJ61DMq67" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock"><p id="xdx_807_ecustom--DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock_zUcZfJufINzj" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>17.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_022"></span><span id="xdx_82F_zRgYFPj72L5d">DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION</span></b></span></td></tr>
</table>


<p style="font: 9pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Deferred taxes for income tax and social contribution
taxes are calculated on temporary differences between the tax bases of these taxes and the accounting calculations of the Company, which
include tax losses. The tax rates in Brazil, which are expected to be applicable upon the realization of the deferred taxes, are 25% for
income tax and 9% for social contribution. For other regions in which the Company operates, the expected nominal rates are as follows:</p>

<p style="font: 9pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_891_ecustom--DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock_pn5n6_zDNrAoW9J2cl" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Applied Rates (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zZDouOoBSu1k" style="display: none">Schedule of expected nominal rates</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 12pt">Central America and the Caribbean</span></td>
    <td style="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 12pt">from <span id="xdx_90E_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z93Mtymp6pWi" title="Applied rates"><ix:nonFraction name="abev:TaxRateEffectOfTaxLossesAndSocialContributions" contextRef="From2022-01-012022-12-31_custom_CentralAmericaAndTheCaribbeanMember_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15</ix:nonFraction></span>% to <span id="xdx_90C_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z2YpLDd3x5v3" title="Applied rates"><ix:nonFraction name="abev:TaxRateEffectOfTaxLossesAndSocialContributions" contextRef="From2022-01-012022-12-31_custom_CentralAmericaAndTheCaribbeanMember_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">27</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 12pt">Latin America - South <sup>(i)</sup></span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 12pt">from <span id="xdx_902_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zIPOZkWqoLG9" title="Applied rates"><ix:nonFraction name="abev:TaxRateEffectOfTaxLossesAndSocialContributions" contextRef="From2022-01-012022-12-31_custom_LatinAmericaSouthMember_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction></span>% to <span id="xdx_90B_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmrH8yFqDmZb" title="Applied rates"><ix:nonFraction name="abev:TaxRateEffectOfTaxLossesAndSocialContributions" contextRef="From2022-01-012022-12-31_custom_LatinAmericaSouthMember_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">35</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 12pt">Canada</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 12pt"><span id="xdx_90F_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CanadaMember_z5RohoV7fima" title="Applied rates"><ix:nonFraction name="abev:TaxRateEffectOfTaxLossesAndSocialContributions" contextRef="From2022-01-012022-12-31_custom_CanadaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">26.5</ix:nonFraction></span>% </span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 12pt">Luxembourg</span></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 12pt"><span id="xdx_906_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LuxembourgMember_zD8v7vMcfLA7" title="Applied rates"><ix:nonFraction name="abev:TaxRateEffectOfTaxLossesAndSocialContributions" contextRef="From2022-01-012022-12-31_custom_LuxembourgMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">24.94</ix:nonFraction></span>%</span></td></tr>
  </table>
<p style="font: 8pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Amendments to Argentine tax legislation enacted in June 2021 and applicable from January 2021 increased the income tax rate from <span id="xdx_909_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210601__20210630__srt--StatementGeographicalAxis__custom--ArgentineMember_zxN5spX2ToVk" title="Applicable tax rate, first two years after legislation changes"><ix:nonFraction name="abev:ApplicableTaxRateFirstTwoYearsAfterLegislationChanges" contextRef="From2021-06-012021-06-30_custom_ArgentineMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">30</ix:nonFraction></span>%
to <span id="xdx_908_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210101__20210131__srt--StatementGeographicalAxis__custom--ArgentineMember_zCq58oUZUBKj" title="Applicable tax rate, first two years after legislation changes"><ix:nonFraction name="abev:ApplicableTaxRateFirstTwoYearsAfterLegislationChanges" contextRef="From2021-01-012021-01-31_custom_ArgentineMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">35</ix:nonFraction></span>%.</td></tr>
</table>


</ix:nonNumeric><p id="xdx_8A5_zNNjp3ZUovMh" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Deferred tax assets are recognized to the extent that
it is probable that future taxable profits are probable, which may be offset against recorded temporary differences at December 31, 2022.</p>


<ix:exclude><!-- Field: Page; Sequence: 242 -->
    <div id="xdx_23C_zbhVkaMgJhu7" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23D_zMsE4mdHgXlb" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_232_zfcfi4u94Ek8" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_236_zvyE18dCshb3" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">The details of the amount of deferred income tax and social contribution
by type of temporary difference are as follows:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89A_eifrs-full--DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_pn5n6_zALQzU7vkEe8" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Income Tax and Social Contribution by Type of Temporary Difference (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BE_z8HljKrz1Y5j" style="display: none">Schedule of deferred income tax</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liabilities</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liabilities</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zdK3RMtutW62" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zeq3qNOPFps2" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zudsWweEBIfi" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zLqeUkmEufW8" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zoxFwSfRIUDg" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.5</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zuctewar5Hd7" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Intangible</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zM94D7HCopfd" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesIntangiblesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zqdkktdQpPPb" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,690.2</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zfPnNo7Z4gHi" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,690.2</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zN63AyDb6RLa" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesIntangiblesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zLIh54UMjvi7" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,634.5</ix:nonFraction>)</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zvcdh5AEz591" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,634.5</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Employee benefits</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zK0QfrRuIO11" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesEmployeeBenefitsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">951.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zZF5aYObz8G7" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesEmployeeBenefitsMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zJFGDUPJrRC3" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesEmployeeBenefitsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">951.2</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-Bearing Loans and Borrowings</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_984_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zcWYKnRLBrj1" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,877.6</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpzvqCP6J964" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,877.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zt4VWLoYGe4d" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,079.5</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Losses carried forward</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zb2ln2JD4Ew8" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,298.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Provisions</span></td>
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    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zdO392LZKkP5" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesProvisionsMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zlKmNoxqS6G9" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">819.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zKf1phQsOYvb" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">696.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zVGUsP5vQ6W8" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.2</ix:nonFraction>)</span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zHtu9c1m7Bn" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">696.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impact of the adoption of IFRS 16 (Leases)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zhkS3nQi9V86" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2022-12-31_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">35.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwDtBWoEMHj4" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.4</ix:nonFraction>)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_z3ypYjKtJVsj" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zZL7bmmp5wVc" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2021-12-31_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">78.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zqc09q9yaLy" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2021-12-31_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.3</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zfXBJFtYn8j3" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">78.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ICMS on the assessment bases of PIS/COFINS</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zwh0oKCrObRf" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2022-12-31_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zEnMIRt8RDsh" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">168.2</ix:nonFraction>)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zZuiFIdDIvqi" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">168.2</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zaLqB6gGEaZ5" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2021-12-31_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zHpBtrl649l9" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2021-12-31_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,019.6</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_ztvQszTxop96" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,019.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other items</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z95c6gn6DDtg" title="Gross deferred tax assets" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">260.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zIsEpaG7dtfg" title="Gross deferred tax liabilities" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">164.1</ix:nonFraction>)</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znBhqbJnUHb9" title="Net deferred tax assets / (liabilities)" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">96.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zNKMbG9bwB3l" title="Gross deferred tax assets" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">110.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zWRUBDdcjfel" title="Gross deferred tax liabilities" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">19.9</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zmrQjZPxaf48" title="Net deferred tax assets / (liabilities)" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">90.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Gross deferred tax assets/(liabilities)</b></span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231_zIun48GAm7X4" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,415.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231_zqmmvdxqe2Vi" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,701.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z0cjIoErjDX6" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,713.1</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231_zRWnerxUko72" title="Gross deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,845.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_985_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231_zrYkb3Rebj1b" title="Gross deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:DeferredTaxsLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7,331.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zuta56xCvUO5" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,513.7</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Netting by taxable entity</span></td>
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn5n6_c20210101__20211231_z4yvHQNcVhA1" title="Netting by taxable entity" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4,117.3</ix:nonFraction>)</span></td>
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net deferred tax assets/(liabilities)</b></span></td>
    <td id="xdx_982_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20221231_zeXFSLt9Qc15" title="Net deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NetDeferredTaxAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,438.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_984_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20221231_zrKy6S8hXW04" title="Net deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:NetDeferredTaxLiabilities1" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,725.7</ix:nonFraction>)</b></span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z7e1wwfDRtUl" title="Net deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,713.1</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20211231_zG38PZ2YC3rj" title="Net deferred tax assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NetDeferredTaxAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,727.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98B_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20211231_zvUU8hiZxMr6" title="Net deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:NetDeferredTaxLiabilities1" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,214.0</ix:nonFraction>)</b></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_z1nbUnZdQQRi" title="Net deferred tax liabilities" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,513.7</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AA_zRUREyvSCswd" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The Company only reclassifies the balances of
deferred income tax and social contribution assets against liabilities to a net presentation basis when the applicable compensation criteria
are met.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The critical estimates of Ambev&#8217;s Management, as well
the main contingent liabilities related to uncertainty about the tax treatment of income, are disclosed in Notes 3 (i) and 30, respectively.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As at December 31, 2022 the deferred tax assets and liabilities
related to combined tax losses which are expected to be utilized or settled using temporary differences, as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_897_ecustom--DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock_pn5n6_zhgCOiQAhUWi" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Taxes Not Related to Tax Losses (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zRyB8thJZLb6" style="display: none">Schedule of deferred tax assets and liabilities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 50%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Deferred taxes not related to tax losses</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>to be realized within 12 months</b></span></td>
    <td style="width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>to be realized after 12 months</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zRF6bZrKBAT5" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zQtYzjGEMuue" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_znvmPoNbVfxh" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesInvestmentsInSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Intangible</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zHnXxI7aVynd" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.3</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_ztyVYPTz3Cf6" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,688.9</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zQw5YeA9EnW4" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesIntangiblesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,690.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Employee benefits</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zAaLNhqEbspe" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesEmployeeBenefitsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">230.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zLq68RoGe0il" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesEmployeeBenefitsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">720.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_z4IC1LbU5DP7" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesEmployeeBenefitsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">951.2</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zh52Fypx0Lp1" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesTradePayablesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">209.4</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zHAhnXXMODMg" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesTradePayablesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,439.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zRNWX4N7xofl" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesTradePayablesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,229.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zEOlwMkdrUbd" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesTradeReceivableMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zGFM2SF7ir2l" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesTradeReceivableMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zdSvPdOGFsr3" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesTradeReceivableMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">34.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zPFasiuGxy9f" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesDerivativesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">199.9</ix:nonFraction>)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zn7xs0R6EbA" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesDerivativesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">250.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zXrlP6Px7dYa" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesDerivativesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowings</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zBAq8nyCOumg" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.6</ix:nonFraction>)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zkhFup4jV4u2" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1Pm1duRzay4" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.4</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inventories</span></td>
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    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zS5IJUBCYv8a" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesInventoriesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">128.7</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z04clfJBjSBh" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesInventoriesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">274.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Property, plant and equipment</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zrusJ4lyFMp8" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesPropertyPlantAndEquipmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">51.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zMNSjHhzYoZi" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesPropertyPlantAndEquipmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,329.3</ix:nonFraction>)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zHX1nhnmuHC6" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesPropertyPlantAndEquipmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,277.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Withholding tax on undistributed profits and royalties</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zSr1BNIHZFvg" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">172.7</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_z3Ssz5bNy6H6" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,704.9</ix:nonFraction>)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zhPlKwtN06o6" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,877.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments in joint ventures</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zvJD8YK1R4Vd" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesInvestmentsInJointVenturesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zDQYbFzDX8P6" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesInvestmentsInJointVenturesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">421.6</ix:nonFraction>)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zO3DthDzvBw2" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesInvestmentsInJointVenturesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">421.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Provisions</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zJDbJP2Q6cab" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">465.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zvUMjVZvSNKl" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">354.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zoIeSoMWtOHa" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_TemporaryDifferencesProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">819.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impact of the adoption of IFRS 16 (Leases)</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwUTeGZVG6eh" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zDmggwxqZaDa" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zKrbsRdOTmbk" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_ImpactOfAdoptionOfIFRSAccountingPolicyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ICMS on the assessment bases of PIS/COFINS</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zrxoaTjsfQt3" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_z6E0JaM1ZL02" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">168.2</ix:nonFraction>)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zy0VP8SsRUE4" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_ICMSFromTheAssessmentBasesOfPISCOFINSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">168.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other items</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z8GErL6lPh01" title="Net deferred tax assets / (liabilities)" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">29.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zqJMsQabO1P" title="Net deferred tax assets / (liabilities)" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_TemporaryDifferencesOtherItemsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">67.7</ix:nonFraction>&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zmhXkVHS1Xng" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_custom_DeferredTaxesNotRelatedToTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">621.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zhHljUufO15c" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember_custom_DeferredTaxesNotRelatedToTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">569.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zJlBUUAFb84" title="Net deferred tax assets / (liabilities)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_DeferredTaxesNotRelatedToTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">52.4</ix:nonFraction>&#160;</b></span></td></tr>
  </table>

</ix:nonNumeric><p id="xdx_8A2_zS5RSEoR6rOg" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<ix:exclude><!-- Field: Page; Sequence: 243 -->
    <div id="xdx_230_zWRVgVtSpK45" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_230_ztBkMAyRzNH" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
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    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The majority of tax losses and negative social contribution
bases on which deferred income tax and social contribution were calculated do not have a statute of limitations. The use of credits related
to tax losses is based on the projected future existence of taxable profits, limited to 30% of taxable income for the year, according
to the actual figures for prior years, and the projections of the Company's business in the economies in which they are located, and thus
is in compliance with the applicable fiscal and accounting rules.</p>

<p style="font: 7pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_896_ecustom--DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock_pn5n6_zOR5vppYtzk6" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Tax Related to Tax Losses (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><p style="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><span id="xdx_8B2_z6eAI85JIogk" style="display: none">Schedule of deferred tax realization related to tax losses</span></p>
</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 75%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Deferred tax related to tax losses</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2023</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1mUtxgPJSBi" title="Deferred Tax Related to Tax Losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">256.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2024</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zuI8HpCTQEJj" title="Deferred Tax Related to Tax Losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">168.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2025</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1CKcDfPcG3h" title="Deferred Tax Related to Tax Losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">102.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2026</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanThreeYearsAndNotLaterThanFoursYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zpoZcdyLju5g" title="Deferred Tax Related to Tax Losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_LaterThanThreeYearsAndNotLaterThanFoursYearsMember_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">106.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2027</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zH6ChPDhUXoa" title="Deferred Tax Related to Tax Losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,146.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2028 a 2030</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanFiveYearsAndNotLaterThanEightYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zXCoRtqngca7" title="Deferred Tax Related to Tax Losses" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_LaterThanFiveYearsAndNotLaterThanEightYearsMember_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">799.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif">2031 a 2032&#160;</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup>(i)</sup></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanEightYearsAndNotLaterThanTenYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_fKGkp_zmoqNPrDoQJg" title="Deferred Tax Related to Tax Losses" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_custom_LaterThanEightYearsAndNotLaterThanTenYearsMember_ifrs-full_UnusedTaxLossesMember" id="Fact003737" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">79.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zUHLahlFMdVg" title="Deferred Tax Related to Tax Losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2022-12-31_ifrs-full_UnusedTaxLossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,660.7</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/150% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/150% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zwNdxxv7OrN2" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F18_ztFgl6Y0hAw1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote003740" xml:lang="en-US">There is no expectation of realization beyond a term of ten years.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8A6_zIOmtpj3wiLc" style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">As at December 31, 2022, the tax credits related to
accumulated tax losses in the amount of R$<span id="xdx_90E_ecustom--TaxCreditRelatedToTaxLosses_iI_pn5n6_c20221231_zZTu0FPPbzXe" title="Tax credit related to tax losses"><ix:nonFraction name="abev:TaxCreditRelatedToTaxLosses" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">875.3</ix:nonFraction></span>
(R$<span id="xdx_907_ecustom--TaxCreditRelatedToTaxLosses_iI_pn5n6_c20211231_zN07aJkEGYB6" title="Tax credit related to tax losses"><ix:nonFraction name="abev:TaxCreditRelatedToTaxLosses" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,055.6</ix:nonFraction></span>
in 2021) were not recorded, as realization is not probable.</p>

<p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A significant portion of the deferred tax asset related
to tax losses amount does not have any limits on carrying forward or utilization, and the tax losses carried forward in relation to credit
are equivalent to R$<span id="xdx_904_ecustom--TaxLossesCarriedForwardInRelationToCredit_iI_pn5n6_c20221231_zaoXC8nuvsv8" title="Tax loses carried forward in relation to credit"><ix:nonFraction name="abev:TaxLossesCarriedForwardInRelationToCredit" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,359.5</ix:nonFraction></span> in 2022 (R$<span id="xdx_90E_ecustom--TaxLossesCarriedForwardInRelationToCredit_iI_pn5n6_c20211231_z9xK0tuGPJvb" title="Tax loses carried forward in relation to credit"><ix:nonFraction name="abev:TaxLossesCarriedForwardInRelationToCredit" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,122.5</ix:nonFraction></span> in 2021).</p>

<p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The net change in deferred income tax and social contribution
is as follows:</p>

<p style="font: 7pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_898_ecustom--DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock_pn5n6_zgWGzhNw0E6" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Net Change in Deferred Income Tax and Social Contribution (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zdGxWvanxyl9" style="display: none">Schedule of net change in deferred income tax and social contribution</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 81%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20201231_z9yeaS2S7tw9" style="white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,517.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognition of actuarial gains/(losses)</span></td>
    <td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zhGKKP3KsLw5" title="Recognition of actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">116.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment hedge &#8211; put option granted on subsidiaries</span></td>
    <td id="xdx_98A_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zHySQChFDVA4" title="Investment hedge - put option of a subsidiary interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">99.7</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash flow hedge &#8211; gains/(losses)</span></td>
    <td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_z4A96SxPvrq8" title="Cash flow hedge - gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">239.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gains/(losses) on translation of other foreign operations&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zqtugtlT9yb4" title="Gains/(losses) on translation of other foreign operations" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">398.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in other comprehensive income</b></span></td>
    <td id="xdx_986_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zcXkQS3UiUT9" title="Recognized in other comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">58.2</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in the income statement</b></span></td>
    <td id="xdx_98A_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20210101__20211231_zelwvuAr6KOg" title="Recognized in the income statement" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:DeferredTaxExpenseIncomes" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">632.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Changes directly in the balance sheet</b></span></td>
    <td id="xdx_982_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20210101__20211231_zLYI3g5HOka8" title="Changes directly in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="abev:TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">577.5</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognized in deferred tax</span></td>
    <td id="xdx_988_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20210101__20211231_zHMAYgBbiaS7" title="Recognized in deferred tax" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">256.1</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98F_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20210101__20211231_zYl8CmWwz7N5" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">256.1</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognized in other balance sheet group</span></td>
    <td id="xdx_98F_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20210101__20211231_zwGvej4ygU23" title="Recognized in other balance sheet group" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">321.4</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zmLk4oekWqCl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:DeferredTaxLiabilityAsset" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,513.7</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognition of actuarial gains/(losses)</span></td>
    <td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zODTGSOACl5e" title="Recognition of actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">146.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment hedge &#8211; put option granted on subsidiaries</span></td>
    <td id="xdx_98E_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zV3GybfPWBNb" title="Investment hedge - put option of a subsidiary interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">105.0</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash flow hedge &#8211; gains/(losses)</span></td>
    <td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zNp7sPOO0n7c" title="Cash flow hedge - gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">41.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gains/(losses) on translation of other foreign operations&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zyv0jcNYAjwf" title="Gains/(losses) on translation of other foreign operations" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">419.3</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in other comprehensive income</b></span></td>
    <td id="xdx_983_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zICU3OjJqBb8" title="Recognized in other comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">629.9</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in the income statement</b></span></td>
    <td id="xdx_984_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20220101__20221231_ztlmd8rHMzLh" title="Recognized in the income statement" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:DeferredTaxExpenseIncomes" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,374.5</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Changes directly in the balance sheet</b></span></td>
    <td id="xdx_983_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20220101__20221231_zzBmRne1s1Bc" title="Changes directly in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="abev:TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">545.2</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognized in deferred tax</span></td>
    <td id="xdx_98A_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20220101__20221231_zy3hNNiPIcm9" title="Recognized in deferred tax" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">595.5</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98A_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20220101__20221231_zzb8FWS3dO2a" title="Effect of application of IAS 29 (hyperinflation)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">595.5</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognized in other balance sheet group</span></td>
    <td id="xdx_986_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20220101__20221231_zmjdd0K19b45" title="Recognized in other balance sheet group" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:RecoverableTaxesTextBlock"><p id="xdx_807_ecustom--RecoverableTaxesTextBlock_zMJJ2PKpAO9d" style="margin-top: 0; margin-bottom: 0">&#160;</p>

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<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>18.</b></span><b></b></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_023"></span><span id="xdx_82E_zff9pJSKHQx6">RECOVERABLE TAXES</span></b></span></td></tr>
</table>


<p style="font: 12pt Arial,sans-serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:ClassificationsOfRecoverableTaxesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89C_ecustom--ClassificationsOfRecoverableTaxesTextBlock_pn5n6_zDnMb20b0438" summary="xdx: Disclosure - RECOVERABLE TAXES - Recoverable Taxes (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BA_z5z3GJzCTJp1" style="display: none">Schedule of Classifications of recoverable taxes</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">PIS/COFINS exclusion of ICMS&#160;<sup>(i)</sup></span></td>
    <td id="xdx_989_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zIpwDxa6CePl" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2022-12-31_custom_PISCOFINSExclusionOfICMSMember" id="Fact003800" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,992.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zvZ7vl3oP9ui" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2021-12-31_custom_PISCOFINSExclusionOfICMSMember" id="Fact003802" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,360.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ICMS</span></td>
    <td id="xdx_989_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zLvdnNQbM2o5" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2022-12-31_custom_ICMSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">423.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zaQhWklrPDw6" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2021-12-31_custom_ICMSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">383.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other</span></td>
    <td id="xdx_98C_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zFNvDeP3k1d1" title="Non-current" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2022-12-31_ifrs-full_OtherTemporaryDifferencesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">292.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zUEDZCzbVtW3" title="Non-current" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2021-12-31_ifrs-full_OtherTemporaryDifferencesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">261.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current</b></span></td>
    <td id="xdx_98D_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231_zA57BvihBRnj" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,708.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231_zDchNz1G25C1" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsNoncurrent" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,005.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">PIS/COFINS exclusion of ICMS&#160;<sup>(i)</sup></span></td>
    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zTSr7BSHgvuj" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2022-12-31_custom_PISCOFINSExclusionOfICMSMember" id="Fact003816" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">73.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zjUo8HvVBTS2" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2021-12-31_custom_PISCOFINSExclusionOfICMSMember" id="Fact003818" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">517.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PIS/COFINS</span></td>
    <td id="xdx_985_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zXKKHzyWsmz6" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2022-12-31_custom_PiscofinsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">242.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zjbHyy8863P1" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2021-12-31_custom_PiscofinsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">648.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ICMS</span></td>
    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_z5N9jRnMwjC" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2022-12-31_custom_ICMSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">542.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zOAi46NJQ8R3" title="Non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2021-12-31_custom_ICMSMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">565.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">IPI</span></td>
    <td id="xdx_980_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zGIP2o4BuPrl" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2022-12-31_custom_IPIMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">131.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zjUYH3nhvZrd" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2021-12-31_custom_IPIMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">168.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other</span></td>
    <td id="xdx_98A_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_ztiqTTBoPKrg" title="Current" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2022-12-31_ifrs-full_OtherTemporaryDifferencesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">55.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zOjdHQ4FTpse" title="Current" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2021-12-31_ifrs-full_OtherTemporaryDifferencesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">81.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current</b></span></td>
    <td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231_zTdsUuSybF1d" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,044.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231_zbhXIqZoEHxc" title="Current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssetsCurrent" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,981.1</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total</b></span></td>
    <td id="xdx_98B_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20221231_zGjh3RufzCP7" title="Total" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,753.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20211231_zCKNCaEdtHL2" title="Total" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:RecoverableTaxCreditAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,986.5</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zkdWdzfgDeQa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1A_ziwqKuv4qZVd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote003843" xml:lang="en-US">As detailed in Note 30 - <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS from
the calculation basis. The corresponding entry for recognition is recorded in the item PIS/COFINS - exclusion of ICMS, according
to the table above.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AD_zCEYAzRTZljj" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfInventoriesExplanatory"><p id="xdx_804_eifrs-full--DisclosureOfInventoriesExplanatory_zdlsyyRSEJvg" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>19.</b></span><b></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_024"></span><span id="xdx_828_zuej1J6Uk2g">INVENTORY</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfInventoryComponentsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89D_ecustom--DisclosureOfInventoryComponentsTextBlock_pn5n6_z6aZibZOq5Th" summary="xdx: Disclosure - INVENTORY - Schedule of Inventory (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B2_zXmbsUQxxuYi" style="display: none">Schedule of inventory components</span></td>
    <td id="xdx_49D_20221231_zaIWFMeGhw36" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49D_20211231_ziHhcEYnAvoc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 65%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_406_eifrs-full--FinishedGoods_iI_maIzle7_z0qJszrCi4Q2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Finished goods&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:FinishedGoods" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,094.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:FinishedGoods" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,626.7</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--WorkInProgress_iI_maIzle7_zXQ0vJVhyZZh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Work in progress</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:WorkInProgress" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">845.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:WorkInProgress" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">672.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--RawMaterials_iI_maIzle7_z0xMgUuOU2l9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Raw materials and consumables</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RawMaterials" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,798.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RawMaterials" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,306.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--SpareParts_iI_maIzle7_zqxu2Wjx5Ag2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Spare parts and others</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:SpareParts" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">986.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:SpareParts" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">906.8</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--CurrentPrepayments_iI_maIzle7_zGj53u329t2a" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Prepayments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPrepayments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">358.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPrepayments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">645.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_400_ecustom--InventoriesImpairmentLosses_iNI_di_msIzle7_zmrUHIdfWrY4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Impairment losses</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InventoriesImpairmentLosses" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">160.2</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:InventoriesImpairmentLosses" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">157.8</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_407_eifrs-full--Inventories_iTI_mtIzle7_zuAe8BdFh8Q4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">Total&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,923.0</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:Inventories" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,000.3</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A8_zPWBhOn4CjAk" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The changes in impairment losses on inventory, are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember" escape="true" name="ifrs-full:DisclosureOfOtherProvisionsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_897_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_znhN1ggF9t53" summary="xdx: Disclosure - INVENTORY - Changes in Impairment Losses on Inventory (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B9_zMkjkEztqHf4" style="display: none">Schedule of changes in impairment losses on inventory</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98C_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zHNtKqw97Qvg" title="At December 31, 2020" style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:OtherProvisions" contextRef="AsOf2020-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">141.1</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zp4diperCFC" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2021-01-012021-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.0</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
    <td id="xdx_98D_eifrs-full--NewProvisionsOtherProvisions_iN_pn5n6_di_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zVa1h4mGnjYj" title="Provisions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="From2021-01-012021-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">191.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zy5Fk2Y5D8Sk" title="Write-off" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="From2021-01-012021-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">176.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98E_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zxZ5SvNHMFTi" title="At December 31, 2021" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:OtherProvisions" contextRef="AsOf2021-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">157.8</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_z42xYRiVjIEe" title="Effects of movements in foreign exchange in the balance sheet" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">17.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
    <td id="xdx_981_eifrs-full--NewProvisionsOtherProvisions_iN_pn5n6_di_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zVCPfIAZful4" title="Provisions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">305.8</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
    <td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zjqBfh3LCXIb" title="Write-off" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">285.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zTYsOJisz5Gf" title="At December 31, 2022" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:OtherProvisions" contextRef="AsOf2022-12-31_custom_InventoryProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">160.2</ix:nonFraction>)</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A1_ztnSguOWrxs3" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory"><p id="xdx_80A_eifrs-full--DisclosureOfTradeAndOtherReceivablesExplanatory_z6zwZovplYb2" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>20.</b></span><b></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_025"></span><span id="xdx_82C_zMdDsyPCHX1a">TRADE RECEIVABLES</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfCurrentTradeReceivablesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_898_ecustom--DisclosureOfCurrentTradeReceivablesTextBlock_pn5n6_zBClkhfF5Etk" summary="xdx: Disclosure - TRADE RECEIVABLES - Current Trade Receivables (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B2_zr9EaDOVcCDl" style="display: none">Schedule of current trade receivables</span></td>
    <td id="xdx_496_20221231_zhH1sS9JR8z1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_491_20211231_z9L6Tf6ZtPyd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 45%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentTradeReceivables_iI_maCTRNOzDnx_zj7g4Qxj82jj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Trade receivables</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,737.5</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,304.7</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_400_ecustom--BadDebtProvisions_iNI_di_msCTRNOzDnx_zVDG1O9csVqj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bad debt provision</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">679.1</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">668.3</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_408_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iTI_mtCTRNOzDnx_maTAOCRz5zq_zj0xNSOHiEGl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net, trade receivables&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,058.4</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,636.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--TradeAndOtherCurrentReceivablesDueFromRelatedParties_iI_maTAOCRz5zq_zvVnojOFu7q9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Related parties (Note 31)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivablesDueFromRelatedParties" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">290.7</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivablesDueFromRelatedParties" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">155.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--TradeAndOtherCurrentReceivables_iTI_mtTAOCRz5zq_zZLxG6nP3cB9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total current trade receivables&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,349.1</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherCurrentReceivables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,791.6</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A3_zOPl6684sd6e" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>


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    <div id="xdx_234_z3rM8Y4JF2Wi" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_239_zlUeJLruCg7h" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_236_zNPBlJlwGzi3" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_230_znZ5WOvIINz4" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The details of the aging of the Company&#8217;s current trade receivables,
net of impairment losses, are as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89D_ecustom--DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock_pn5n6_zj5EilYeqKei" summary="xdx: Disclosure - TRADE RECEIVABLES - Aging of Our Current Trade Receivables (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span id="xdx_8B2_zkF3jE8WtRp8" style="display: none">Schedule of current trade receivables,
net of impairment losses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net carrying amount as of December 31,</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>No past due</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; within 30 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 31 - 60 days&#160;</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 61 - 90 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 91 - 180 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 181 - 360 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due over 360 days</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Trade receivables</span></td>
    <td id="xdx_987_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231_ziQE0TF7CZul" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,737.5</ix:nonFraction></span></td>
    <td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zEUF0NP0lkYd" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31_ifrs-full_CurrentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,573.0</ix:nonFraction></span></td>
    <td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zJwkijMsCSJh" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31_custom_LessThanOneMonthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">343.8</ix:nonFraction></span></td>
    <td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zRT7ma0SLdgl" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">100.5</ix:nonFraction></span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zXVKBfMTR2R8" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">49.4</ix:nonFraction></span></td>
    <td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z2UFutdHG1U4" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">19.3</ix:nonFraction></span></td>
    <td id="xdx_98F_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zfll5nlIBz6d" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40.2</ix:nonFraction></span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z28MjvThjCx2" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2022-12-31_custom_LaterThanAYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">611.3</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Bad debt provision</span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231_zBSGo5YmuRk4" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">679.1</ix:nonFraction>)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zZ7dnlpLuPK1" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31_ifrs-full_CurrentMember" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction></span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zDc6sOULnerb" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31_custom_LessThanOneMonthMember" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction></span></td>
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    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zlpqjHwm6ye2" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.8</ix:nonFraction>)</span></td>
    <td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zaTuIkKMXrK2" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16.5</ix:nonFraction>)</span></td>
    <td id="xdx_981_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zu01yJVsEcQ1" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40.2</ix:nonFraction>)</span></td>
    <td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zWLdPJjZeKD8" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2022-12-31_custom_LaterThanAYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">611.3</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2022</b></span></td>
    <td id="xdx_98D_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231_zaUc6sPaOMxd" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,058.4</ix:nonFraction></b></span></td>
    <td id="xdx_988_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zJSXIh4JdB1k" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31_ifrs-full_CurrentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,573.0</ix:nonFraction></b></span></td>
    <td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_ztDh2kHNLaye" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31_custom_LessThanOneMonthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">343.8</ix:nonFraction></b></span></td>
    <td id="xdx_98C_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ziT98B905rmj" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">100.2</ix:nonFraction></b></span></td>
    <td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zWV16lC7Hzeb" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">38.6</ix:nonFraction></b></span></td>
    <td id="xdx_98A_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z3RqzG5kaHqi" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2.8</ix:nonFraction></b></span></td>
    <td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zDic2TKa3hv7" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></b></span></td>
    <td id="xdx_989_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z6cPCZFUcXhj" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2022-12-31_custom_LaterThanAYearMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Trade receivables</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231_z6NAuClAz8aa" title="Trade receivables" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,304.7</ix:nonFraction></span></td>
    <td id="xdx_983_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zlmORUqindYg" title="Trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31_ifrs-full_CurrentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,201.9</ix:nonFraction></span></td>
    <td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zmuTDVSWLS3" title="Trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31_custom_LessThanOneMonthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">358.2</ix:nonFraction></span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zLxxOwjBjzpd" title="Trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">52.1</ix:nonFraction></span></td>
    <td id="xdx_98A_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_z2g1Ap632C1" title="Trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">31.5</ix:nonFraction></span></td>
    <td id="xdx_982_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zu6ILhPOhs8e" title="Trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">21.6</ix:nonFraction></span></td>
    <td id="xdx_985_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zWYSaXmtbPt1" title="Trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">33.8</ix:nonFraction></span></td>
    <td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zzjptlLF2vFi" title="Trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="ifrs-full:CurrentTradeReceivables" contextRef="AsOf2021-12-31_custom_LaterThanAYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">605.6</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Bad debt provision</span></td>
    <td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231_zcFYhSSgchQl" title="Bad debt provision" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">668.3</ix:nonFraction>)</span></td>
    <td id="xdx_980_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zLrVSSh76QSg" title="Bad debt provision" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31_ifrs-full_CurrentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.4</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zhzi29XhFHC" title="Bad debt provision" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31_custom_LessThanOneMonthMember" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction></span></td>
    <td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zfk9WTKjumE9" title="Bad debt provision" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction></span></td>
    <td id="xdx_98E_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zs6LTBGGhVP9" title="Bad debt provision" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2.3</ix:nonFraction>)</span></td>
    <td id="xdx_98F_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zboHPLE3g1De" title="Bad debt provision" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16.2</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zlNaKvJRTSee" title="Bad debt provision" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">33.8</ix:nonFraction>)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z0iAi6bqWRMe" title="Bad debt provision" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(<ix:nonFraction name="abev:BadDebtProvisions" contextRef="AsOf2021-12-31_custom_LaterThanAYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">605.6</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2021</b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231_zkxOr2C1aMxb" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,636.4</ix:nonFraction></b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_z6l23eCRDyAd" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31_ifrs-full_CurrentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,191.5</ix:nonFraction></b></span></td>
    <td id="xdx_982_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zGgPs2slIgCe" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31_custom_LessThanOneMonthMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">358.2</ix:nonFraction></b></span></td>
    <td id="xdx_980_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zg5r84IOBf4f" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">52.1</ix:nonFraction></b></span></td>
    <td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zAtae5cCFs4g" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">29.2</ix:nonFraction></b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zUjmWg3Y8Hv" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.4</ix:nonFraction></b></span></td>
    <td id="xdx_983_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_z95wyvcWSoth" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl4004">-</span></b></span></td>
    <td id="xdx_98F_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zZCwCCGhvnIa" title="Net, trade receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><ix:nonFraction name="abev:CurrentTradeReceivablesNetOfBadDebtProvisions" contextRef="AsOf2021-12-31_custom_LaterThanAYearMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></b></span></td></tr>
  </table>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The changes in bad debt provision, are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember" escape="true" name="ifrs-full:DisclosureOfOtherProvisionsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89D_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zqDU2rcszZy3" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_z3YgMBP7dSak" style="display: none">Schedule of changes in bad debt provision</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_znrmx3jCypTk" title="At December 31, 2020" style="border-bottom: black 1.5pt solid; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:OtherProvisions" contextRef="AsOf2020-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">676.5</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z9iFCIN9STwl" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1" contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
    <td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z8q3ziXz4RZd" title="Provisions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">32.4</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reversals</span></td>
    <td id="xdx_988_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zZQ8dj4Gl4W5" title="Reversals" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:UnusedProvisionReversedOtherProvisions" contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">21.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
    <td id="xdx_987_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zppfVNrTVwaj" title="Write-off" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:ProvisionUsedOtherProvisions1" contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zosDjtPDHi7e" title="At December 31, 2021" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:OtherProvisions" contextRef="AsOf2021-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">668.3</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zl4Gb0Gty2R7" title="Effects of movements in foreign exchange in the balance sheet" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1" contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
    <td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zOPGAi03dIJa" title="Provisions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:NewProvisionsOtherProvisions" contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">47.0</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reversals</span></td>
    <td id="xdx_98A_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zSrC6mf4vzH2" title="Reversals" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:UnusedProvisionReversedOtherProvisions" contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
    <td id="xdx_98C_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zyNM4FIDHZ65" title="Write-off" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:ProvisionUsedOtherProvisions1" contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_983_eifrs-full--OtherProvisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zmrcpG1iN2lf" title="At December 31, 2022" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:OtherProvisions" contextRef="AsOf2022-12-31_custom_BadDebtProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">679.1</ix:nonFraction>)</b></span></td></tr>
  </table>
</ix:nonNumeric></ix:nonNumeric><p id="xdx_8A8_znJZv6PGlJtg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s exposure to credit risks, currency
and interest rate risks is disclosed in Note 28 - <i>Financial instruments and risks</i>.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory"><p id="xdx_805_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zk5oOTqBiXM2" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>21.</b></span><b></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_026"></span><span id="xdx_820_zi0Ul4iMphr2">CASH AND CASH EQUIVALENTS</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfComponentsInCashAndCashEquivalentsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_892_ecustom--DisclosureOfComponentsInCashAndCashEquivalentsTextBlock_pn5n6_zMYeUhNIqWG5" summary="xdx: Disclosure - CASH AND CASH EQUIVALENTS - Components of Cash and Cash Equivalents (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zxDJbiFsJ3hf" style="display: none">Schedule of components in cash and cash equivalents</span></td>
    <td id="xdx_49E_20221231_zlNJqoITFWo5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49A_20211231_zMpqmjw4wZO3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 60%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--ShorttermDepositsClassifiedAsCashEquivalents_iI_zzK9Tc8DoTGk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Short-term bank deposits</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F4D_z5753aSEfkMg">&#160;(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents" contextRef="AsOf2022-12-31" id="Fact004036" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">8,655.2</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents" contextRef="AsOf2021-12-31" id="Fact004037" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,393.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--BalancesWithBanks_iI_zJaWAc4v5EFj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Current bank accounts</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:BalancesWithBanks" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,990.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:BalancesWithBanks" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,582.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--CashOnHand_iI_zmL9DNxOKxWh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CashOnHand" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">280.9</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CashOnHand" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">651.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--CashAndCashEquivalents_iI_zv8PFrNCpDhf" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Cash and cash equivalents</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CashAndCashEquivalents" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,926.4</ix:nonFraction>&#160;</b></span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_402_eifrs-full--BankOverdraftsClassifiedAsCashEquivalents_iNI_di_zoSOax0WyOfk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bank overdrafts</span></td>
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  <tr id="xdx_405_eifrs-full--CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_iI_zVwmv345xonl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  </table>
<p style="font: 8pt Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zai6CBorgNE" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1D_zkbSSSGqunmb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote004053" xml:lang="en-US">The balance refers mostly to Bank Deposit Certificates (&#8220;CDB&#8221;), with high liquidity, which are readily convertible into known
amounts of cash and which are subject to an insignificant risk of change in value.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AA_zDvzMPWBqDPf" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The cash and cash equivalents balance include the amount of
R$<span id="xdx_901_ecustom--ShorttermDepositsGuaranteeDeposits_c20221231_pn6n6" title="Short-term deposits, guarantee deposits"><ix:nonFraction name="abev:ShorttermDepositsGuaranteeDeposits" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-6" scale="6" unitRef="BRL">3,083</ix:nonFraction></span> million in 2022 (R$<span id="xdx_90D_ecustom--ShorttermDepositsGuaranteeDeposits_iI_pn6n6_c20211231_z4aGSSBtBeP3" title="Short-term deposits, guarantee deposits"><ix:nonFraction name="abev:ShorttermDepositsGuaranteeDeposits" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-6" scale="6" unitRef="BRL">2,858</ix:nonFraction></span> million in 2021) held in Cuba and Argentina, which is not freely transferable to the parent company due
to remittance restrictions.</p>


<ix:exclude><!-- Field: Page; Sequence: 246 -->
    <div id="xdx_238_zo9MYDv8TDU7" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_236_z4QgDLP7g437" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23F_zaYx4s8mnYv" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" id="xdx_239_zaTE444ZkJB1" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23C_zrdH8kXcv4m6" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>



<ix:exclude><p id="xdx_233_zzwIDLnWwSsb" style="margin-top: 0; margin-bottom: 0">&#160;</p></ix:exclude>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfChangesInEquityTextBlock"><p id="xdx_801_ecustom--DisclosureOfChangesInEquityTextBlock_zYQcuvEaWO54" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>22.</b></span><b></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_027"></span><span id="xdx_822_z5b8i2TYNQP4">CHANGES IN EQUITY</span></b></span></td></tr>
</table>


<p style="font: 10pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>(a) Capital stock </b></p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfIssuedCapitalExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_895_eifrs-full--DisclosureOfIssuedCapitalExplanatory_pn5n6_zYCFQt0Qinv" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Stock (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_z6dlbPqtkEuk" style="display: none">Schedule of issued capital</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Beginning balance</span></td>
    <td id="xdx_98A_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_z0vutq0Fan2k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:EquitySharesOutstanding" contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,744.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zLBKat17NQS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58,042.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_987_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zU5QIAl3CgY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:EquitySharesOutstanding" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,735.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zlt2B0btNMVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">57,899.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_985_ecustom--EquitySharesOutstanding_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zZyotXl9nm75" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:EquitySharesOutstanding" contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,733.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zGLMSBoGx9y6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">57,866.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital&#160;increase</span><span style="font-family: Times New Roman,serif"><sup>&#160;(i)</sup><span style="font-size: 8pt">&#160;</span></span></td>
    <td id="xdx_984_ecustom--IssueOfEquityShares_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zeiq8ns1w9vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IssueOfEquityShares" contextRef="From2022-01-012022-12-31_ifrs-full_IssuedCapitalMember" id="Fact004069" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">5.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkpoA_____zYLpc8ZMW7Vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2022-01-012022-12-31_ifrs-full_IssuedCapitalMember" id="Fact004070" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">88.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--IssueOfEquityShares_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXHjs6WEOfh9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IssueOfEquityShares" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" id="Fact004071" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">9.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_z3E74SfyZKz5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember" id="Fact004072" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">143.4</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--IssueOfEquityShares_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXDlyzeb1o9c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IssueOfEquityShares" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" id="Fact004073" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">1.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zpZIdgeCIkXf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IssueOfEquity" contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember" id="Fact004074" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">32.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif"><b>Final balance&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(ii)</sup></span></b></td>
    <td id="xdx_986_ecustom--EquitySharesOutstanding_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zWA9n6YHWo28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:EquitySharesOutstanding" contextRef="AsOf2022-12-31_ifrs-full_IssuedCapitalMember" id="Fact004075" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,750.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____z0qSBF0ghFT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_ifrs-full_IssuedCapitalMember" id="Fact004076" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58,130.5</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zpxXbkTm2OC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:EquitySharesOutstanding" contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember" id="Fact004077" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,744.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zjhThg9KePyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember" id="Fact004078" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58,042.5</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zCzPzLWl8Xlc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:EquitySharesOutstanding" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" id="Fact004079" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,735.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zwVRkkrPihAc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember" id="Fact004080" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">57,899.1</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F07_zfY57S7XqDEh" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_z8UnjhgIG3kd" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote004081" xml:lang="en-US">Capital increase related to the issue of shares.</ix:footnote></td></tr>
</table>


<p style="font: 5pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F00_z3qMTKv2bORj" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F17_zNm5lEk3TmZ6" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote004082" xml:lang="en-US">The capital stock is fully subscribed and paid up.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AB_zO1ziLLQeDdc" style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>(b) Capital reserves</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfClassesOfCapitalReservesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89C_ecustom--DisclosureOfClassesOfCapitalReservesTextBlock_pn5n6_z7Z1nUoX1fUj" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Reserves (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zNPcYxPAjw62" style="display: none">Schedule of capital reserves</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Capital Reserves&#160;</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Treasury shares&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Share Premium&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Other capital reserves&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Share-based Payments&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxVq0VExyECk" title="Beginning balance, capital reserves" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>(<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2019-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">955.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zIeyh9FqE53i" title="Beginning balance, capital reserves" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2019-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">53,662.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zqbAhuPSAhj5" title="Beginning balance, capital reserves" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2019-12-31_ifrs-full_OtherReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">700.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zikWrrFo1ir6" title="Beginning balance, capital reserves" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2019-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,403.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z05QiynRXl49" title="Beginning balance, capital reserves" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2019-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54,811.5</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxdn1MkDonVd" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2020-01-012020-12-31_ifrs-full_TreasurySharesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zaB4vIeM1e63" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zknYCE6X2fpb" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2020-01-012020-12-31_ifrs-full_OtherReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztHKEafpBjE1" title="Capital Increase" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">(<ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2020-01-012020-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">32.3</ix:nonFraction>)</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zmLl6m9Lmbs5" title="Capital Increase" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">(<ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2020-01-012020-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">32.3</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zNA8cz7hDF9" title="Purchases of shares and results from treasury shares" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2020-01-012020-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13.5</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90D_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z8LUFC9uKLmh" title="Purchases of shares and results from treasury shares"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2020-01-012020-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_904_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zzOybVXCP9th" title="Purchases of shares and results from treasury shares"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2020-01-012020-12-31_ifrs-full_OtherReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zG7kiCBR8lyf" title="Purchases of shares and results from treasury shares" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2020-01-012020-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8916K7FKc0c" title="Purchases of shares and results from treasury shares" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2020-01-012020-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">206.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zz9T3HxSPa2b" title="Beginning balance, capital reserves" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2020-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">941.7</ix:nonFraction>)</b></span></td>
    <td id="xdx_984_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zAMpEetjR3b1" title="Beginning balance, capital reserves" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2020-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">53,662.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zpZTmwlM9vC5" title="Beginning balance, capital reserves" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2020-12-31_ifrs-full_OtherReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">700.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_z4mOtkaIZAY4" title="Beginning balance, capital reserves" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2020-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,563.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zcBGoj74rfj1" title="Beginning balance, capital reserves" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2020-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54,985.6</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td id="xdx_98B_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zFuaJkchCH7l" title="Capital Increase" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2021-01-012021-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">60.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_904_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zdng4CVRtnCh" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_909_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_z0vW69Tfpwe4" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2021-01-012021-12-31_ifrs-full_OtherReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zMhO88o3ktR5" title="Capital Increase" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2021-01-012021-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">74.4</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8PykBXl2Cdd" title="Capital Increase" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2021-01-012021-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">134.4</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zb4fGkXQQTjj" title="Purchases of shares and results from treasury shares" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2021-01-012021-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">36.1</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_90B_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zxYK26oRHZpl" title="Purchases of shares and results from treasury shares"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2021-01-012021-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zNtZ6ZAZ65Sj" title="Purchases of shares and results from treasury shares"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2021-01-012021-12-31_ifrs-full_OtherReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zrVrVSW3KSJd" title="Purchases of shares and results from treasury shares" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2021-01-012021-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">372.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zR7mZAgFPSGf" title="Purchases of shares and results from treasury shares" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2021-01-012021-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">336.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_985_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zWUuaW20CX4f" title="Beginning balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2021-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,037.8</ix:nonFraction>)</b></span></td>
    <td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zyQ2YMTBIf2c" title="Beginning balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2021-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">53,662.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zMIHByMkepc3" title="Beginning balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2021-12-31_ifrs-full_OtherReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">700.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zgIYG7vNS4Mb" title="Beginning balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2021-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,861.3</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zUZ3xnMAL5Ld" title="Beginning balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2021-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">55,187.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_905_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zYNgV79CVRK2" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2022-01-012022-12-31_ifrs-full_TreasurySharesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_906_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zO3rBa0njrFl" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2022-01-012022-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_90D_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zwMrlEEuKgy3" title="Capital Increase"><ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2022-01-012022-12-31_ifrs-full_OtherReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zY83lbmtHdog" title="Capital Increase" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2022-01-012022-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">64.2</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zxn34hjzePyk" title="Capital Increase" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughEquityIncrease" contextRef="From2022-01-012022-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">64.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zHazrlznTrvh" title="Purchases of shares and results from treasury shares" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2022-01-012022-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">35.6</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_901_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z041uWJ2GTJk" title="Purchases of shares and results from treasury shares"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2022-01-012022-12-31_ifrs-full_SharePremiumMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zugxcCjC3Eu2" title="Purchases of shares and results from treasury shares"><ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2022-01-012022-12-31_ifrs-full_OtherReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztJr6fT8vqn7" title="Purchases of shares and results from treasury shares" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2022-01-012022-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">252.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIDgz90odum4" title="Purchases of shares and results from treasury shares" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" contextRef="From2022-01-012022-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">216.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_983_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zTFLXiyqaoa7" title="Final balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2022-12-31_ifrs-full_TreasurySharesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,073.4</ix:nonFraction>)</b></span></td>
    <td id="xdx_986_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zgISDPZg3rcj" title="Final balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2022-12-31_ifrs-full_SharePremiumMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">53,662.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zc46CDl3kqRj" title="Final balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2022-12-31_ifrs-full_OtherReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">700.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zPM8A3FVxx17" title="Final balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2022-12-31_ifrs-full_ReserveOfSharebasedPaymentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,049.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIp9NVkaWFN4" title="Final balance, capital reserves" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CapitalReserve" contextRef="AsOf2022-12-31_ifrs-full_CapitalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">55,339.8</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A9_zplI6UqHR2id" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>(b.1) Purchase of shares and result of treasury shares</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Treasury shares represent the Company&#8217;s
own issued shares reacquired by the Company, and the results of treasury shares related to gains and losses on share-based payment transactions
and others.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The changes in treasury shares are as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfTreasurySharesExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_889_eifrs-full--DisclosureOfTreasurySharesExplanatory_pn5n6_z1oE2KPNeYkb" summary="xdx: Disclosure - CHANGES IN EQUITY - Treasury Shares (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zid2WgDFbwAd" style="display: none">Schedule of treasury shares</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition /realization of shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Result of Treasury Shares</b></span></td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Treasury Shares</b></span></td></tr>
  <tr>
    <td style="vertical-align: top; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million shares</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Brazilian Reais</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million shares</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Brazilian Reais</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20200101__20201231_zEPjZQhVM9x3" title="Balance, treasury shares acquired/realized (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstanding" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">3.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20200101__20201231_zOA0eCzEAeLk" title="Balance, treasury shares acquired/realized, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstandingAmount" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">68.2</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TreasurySharesHeld_iS_pn5n6_c20200101__20201231_zHruPEoeoUkd" title="Balance, treasury shares (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesHeld" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">887.0</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--TreasuryShares_iS_pn5n6_c20200101__20201231_zGyYaCfwOsU9" title="Balance, treasury shares, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">955.2</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_98D_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20200101__20201231_zFKTQiqjCFDc" title="Changes during the year, treasury shares acquired/realized (in shares)" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesAcquiredRealizedDuringThePeriod" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">3.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20200101__20201231_zjfMFLsvo0A3" title="Changes during the year, treasury shares acquired/realized, amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">65.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20200101__20201231_zEsQCDXAqAS7" title="Changes during the year, treasury shares (in shares)" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesChangeDuringThePeriod" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">51.5</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20200101__20201231_z1ZjUj9et4d6" title="Changes during the year, treasury shares, amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TreasurySharesChangeDuringThePeriodValue" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98D_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20210101__20211231_zWfJEdDh2Mw" title="Balance, treasury shares acquired/realized (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstanding" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">0.2</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20210101__20211231_zvn8ardWt5C5" title="Balance, treasury shares acquired/realized, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstandingAmount" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.2</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--TreasurySharesHeld_iS_pn5n6_c20210101__20211231_zkniWz4y3oI6" title="Balance, treasury shares (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesHeld" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">938.5</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--TreasuryShares_iS_pn5n6_c20210101__20211231_zba8YCHAvWLb" title="Balance, treasury shares, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">941.7</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_98C_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20210101__20211231_za9ZDd59jW7i" title="Changes during the year, treasury shares acquired/realized (in shares)" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TreasurySharesAcquiredRealizedDuringThePeriod" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">5.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20210101__20211231_zshm2lARtRAd" title="Changes during the year, treasury shares acquired/realized, amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">95.1</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20210101__20211231_z5mN352JmoWc" title="Changes during the year, treasury shares (in shares)" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesChangeDuringThePeriod" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">1.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20210101__20211231_zIniguTpgpv5" title="Changes during the year, treasury shares, amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesChangeDuringThePeriodValue" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">96.1</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20220101__20221231_zWUcEYIDYmde" title="Balance, treasury shares acquired/realized (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstanding" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">5.8</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20220101__20221231_zlSUsNzoy5P3" title="Balance, treasury shares acquired/realized, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstandingAmount" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">98.3</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--TreasurySharesHeld_iS_pn5n6_c20220101__20221231_zIT4VQ9MKDs4" title="Balance, treasury shares (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesHeld" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">939.5</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--TreasuryShares_iS_pn5n6_c20220101__20221231_zQBNQ1NmghOi" title="Balance, treasury shares, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,037.8</ix:nonFraction>)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
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    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20220101__20221231_zkEtkLrDC3Ol" title="Changes during the year, treasury shares acquired/realized, amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">33.5</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20220101__20221231_zTqjtplhK1N7" title="Changes during the year, treasury shares (in shares)" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesChangeDuringThePeriod" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">2.1</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20220101__20221231_zaMP0s3RVSgd" title="Changes during the year, treasury shares, amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TreasurySharesChangeDuringThePeriodValue" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">35.6</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_982_ecustom--TreasurySharesAcquiredrealizedOutstanding_iE_pn5n6_c20220101__20221231_zuAflKDkrYnd" title="Balance, treasury shares acquired/realized (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstanding" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">8.5</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iE_pn5n6_c20220101__20221231_zbzPmKvsiI6g" title="Balance, treasury shares acquired/realized, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesAcquiredrealizedOutstandingAmount" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">131.8</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TreasurySharesHeld_iE_pn5n6_c20220101__20221231_zFqUbVBnytS6" title="Balance, treasury shares (in shares)" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TreasurySharesHeld" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="Shares">941.6</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--TreasuryShares_iE_pn5n6_c20220101__20221231_zjeo73RShoO5" title="Balance, treasury shares, amount" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:TreasuryShares" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,073.4</ix:nonFraction>)</b></span></td></tr>
  </table></ix:nonNumeric>

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    <div id="xdx_234_zLGxWemcSVpl" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_231_zd8NQKahYUTd" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_239_zDgJ1fg1FlB" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_230_zSajSpcn65Re" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>(b.2) Share premium</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The share premium refers to the difference between
the subscription price that the shareholders paid for the shares and their nominal value. Since this is a capital reserve, it can only
be used to increase capital, offset losses, or for the redemption, reimbursement or repurchase of shares.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>(b.3) Share-based payment</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Different share-based payment programs and stock purchase
option plans allow the senior management from Ambev&#8217;s economic group to acquire shares in the Company.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The share-based payment reserve recorded a charge of R$<span id="xdx_904_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20220101__20221231_zqT4lpdoG9kg" title="Adjustments for share-based payments"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">313.9</ix:nonFraction></span>
in 2022 (R$<span id="xdx_906_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20210101__20211231_zGQhFgKr57uk" title="Adjustments for share-based payments"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">387.6</ix:nonFraction></span> and R$<span id="xdx_902_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20200101__20201231_zua4Y1uqLxX7" title="Adjustments for share-based payments"><ix:nonFraction name="ifrs-full:AdjustmentsForSharebasedPayments" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">208.7</ix:nonFraction></span> in 2021 and 2020, respectively) (Note 25 - <i>Share-based payments</i>).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(c) Net income reserves</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfNetIncomeReservesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89F_ecustom--DisclosureOfNetIncomeReservesTextBlock_pn5n6_zfe8LZeTF10e" summary="xdx: Disclosure - CHANGES IN EQUITY - Net Income Reserves (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_zgq8EzOOiaB6" style="display: none">Schedule of net income reserves</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net income reserves</b></span></td></tr>
  <tr>
    <td style="vertical-align: top; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Investments reserve&#160;</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Legal reserve&#160;</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Fiscal incentive&#160;</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zX1ed8Q3zPla" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10,798.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z9Mkd3mksWYk" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zvj4Jej3Ekef" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10,071.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zGIFAhDdc3Ih" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20,874.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal&#160;incentive&#160;reserve&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zLIRasOTC8F4" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4260">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_znY1seYBuL71" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2020-01-012020-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zBCYTVDCG6g9" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2020-01-012020-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,332.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzeRGI5aq4Kf" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2020-01-012020-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,332.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments&#160;reserve&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zo8ecsE1CcM8" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2020-01-012020-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,713.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zB51lJYNXgnj" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2020-01-012020-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zgeIwuMf8nT5" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4272">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_z236uyzf5n3c" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2020-01-012020-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,713.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2020&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zYWlcufvGKCl" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,511.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zF5GDruBwyQa" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zINqnim1tKRj" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,404.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zFpK6OgbiBua" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,920.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal incentive reserve&#160;</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zT4NPmcnnAui" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zs5Kr5OAr708" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zanm7X7N35ra" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,423.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzKANLsuDOmk" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,423.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments reserve&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zgfGKMNSr621" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,848.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zcgN3yXJrQRk" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zcRkH9YCXw04" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zOgy7CayDlGk" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2021-01-012021-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,848.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2021&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zVWCClV7PeD5" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">18,359.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zZxgxKQkKgCd" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zZqouQPbPcB9" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,827.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zEi9OLvYzzOk" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">31,191.6</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal&#160;incentive&#160;reserve&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zXmOQv1zjgrl" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z4m3Kt1os3S4" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zegJXicJPSBj" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,018.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zhJqphX7U9nf" title="Fiscal incentive reserve" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInFiscalIncentiveReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,018.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments&#160;reserve&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zCMgqZonlXa3" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,696.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zBZAs7XEAPU" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zbv85eBEgzp" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zBZvISAzsZO7" title="Investments reserve" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInvestmentsReserve" contextRef="From2022-01-012022-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,696.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2022&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zUQDpaDgbQuk" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_NetIncomeReservesInvestmentReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">22,055.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zU2AbTQXqQZg" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_NetIncomeReservesLegalReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zLHTGcr6XdAe" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_NetIncomeReservesFiscalIncentiveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,846.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zErxcZpf10k6" title="Balance, equity" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_NetIncomeReserveMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">36,907.0</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A7_zSYD8sFGGm6i" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"><b>(c.1) Investments reserve</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">From the net income after applicable deductions,
there will be a target allocating of no more than <span id="xdx_901_ecustom--InvestmentReserveLimitPercentageOfNetIncome_pip0_dp_c20210101__20211231_z9L2FPWvVevi" title="Investment reserve limit percentage of net income"><ix:nonFraction name="abev:InvestmentReserveLimitPercentageOfNetIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">60</ix:nonFraction></span>% (sixty per cent) of the adjusted net profit to the investment reserve, to be used
to support future investments, as defined in the Company&#8217;s bylaws.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt"><b>(c.2) Legal reserve</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">From the net income, <span id="xdx_903_ecustom--StatutoryReserveLimitPercentageOfNetIncome_pip0_dp_c20210101__20211231_z4g1afjU0wHj" title="Statutory reserve limit percentage of net income"><ix:nonFraction name="abev:StatutoryReserveLimitPercentageOfNetIncome" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5</ix:nonFraction></span>% will be applied before
any other allocation, to the legal reserve, which cannot exceed <span id="xdx_908_ecustom--StatutoryReserveLimitOfCapitalStock_pip0_dp_c20210101__20211231_ziUMekXIvVl5" title="Statutory reserve limit of capital stock"><ix:nonFraction name="abev:StatutoryReserveLimitOfCapitalStock" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">20</ix:nonFraction></span>% of the capital stock. The Company is not required to supplement the
legal reserve for the year when the balance of this reserve, plus the amount of the capital reserves, exceeds <span id="xdx_901_ecustom--StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock_pip0_dp_c20210101__20211231_zEwt9wMoFwb8" title="Statutory reserve supplementation cutoff percentage related to capital stock"><ix:nonFraction name="abev:StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">30</ix:nonFraction></span>% of the capital stock.&#9;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt"><b>(c.3) Tax incentives</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes in its equity, in the net income
reserves line, the fiscal incentives regarding tax benefits at the respective fiscal year. All the tax incentives are under certain state
and federal industrial development programs in the form of rate reduction, reduction</p>


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    <div id="xdx_23C_zSezajGOtxY5" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23B_zbTENUe5bI04" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">of calculation basis, financing or subsidized loans,
assumed credit, effective collection, the deferred payment or partial reductions in the payable state tax amount.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">These programs aim to generate employment, promote regional
decentralization, and complement and diversify the industrial base of the states. In these states, the grace periods and use and reductions
are set out according to the legislation upon which those incentives are based on, depending on their nature, when conditions for obtaining
these grants exist, they are under Company&#8217;s control. Such benefits comply with the systematic set by Complementary Federal Law
160/2017 and by <i>Conv&#234;nio</i> CONFAZ 190/2017. Due to change in article 30 of Federal Law 12,973/14 by Complementary Federal
Law 160/2017, state fiscal incentives related to sales taxes are recognized as government subsidies for investments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>(c.4) Interest on shareholders&#8217; equity/dividends</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Brazilian companies are permitted to distribute
the interest attributed to shareholders&#8217; equity calculated based on the long-term interest rate (&#8220;TJLP&#8221;), with such
interest being tax-deductible, in accordance with the applicable law and, when distributed, may be considered part of the minimum mandatory
dividends.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">As determined by its by-laws, the Company is required
to distribute to its shareholders, as a minimum mandatory dividend in respect of each fiscal year ending December 31, an amount of not
less than <span id="xdx_905_ecustom--MinimumMandatoryDividend_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zaGiQEWi8oU8" title="Minimum mandatory dividend"><ix:nonFraction name="abev:MinimumMandatoryDividend" contextRef="From2022-01-012022-12-31_ifrs-full_CountryOfDomicileMember_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">40</ix:nonFraction></span>% of its net income determined under Brazilian law, adjusted in accordance with the applicable law, unless the payment of
such amount would be incompatible with Ambev&#8217;s financial situation. The minimum mandatory dividend includes amounts paid as interest
on shareholders&#8217; equity.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2022:</i></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89D_ecustom--DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock_pn5n6_zOfvMmUc8FFi" summary="xdx: Disclosure - CHANGES IN EQUITY - Interest on Shareholders&apos; Equity Dividends (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zYz0sLm0FgP" style="display: none">Schedule of interest on shareholders' equity and dividends</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">6/12/2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/29/2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221206__20221229_zYM9wLO7mOBk" title="Amount per share, dividends (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmountPerShare" contextRef="From2022-12-062022-12-29" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.7623</ix:nonFraction></span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20221206__20221229_zK6us2j9Sg8h" title="Amount, dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmount" contextRef="From2022-12-062022-12-29" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,999.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20220101__20221231_zM4qTL4uATRh" title="Total amount" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDistributionAndDividendAmount" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,999.8</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the Operations and Finance Committee recommendation at the meeting held on December 5, 2022, a distribution of interest
on shareholders&#8217; equity in the amount of R$<span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221201__20221205_zqyrwNA9s8Vh"><ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmountPerShare" contextRef="From2022-12-012022-12-05" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.7623</ix:nonFraction>
</span>per share was approved, based on available balances, in the Company&#8217;s extraordinary balance sheet dated as at October 31,
2022, and in the Company&#8217;s investment reserve, pursuant to the balance sheet dated as at December 31, 2021, which were attributed
to the minimum mandatory dividends of the same fiscal year. The interest on the shareholders&#8217; equity distribution was taxed pursuant
to the applicable law, which resulted in a net interest on shareholder&#8217;s equity distribution of R$<span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211201__20211231_zR8pKRH22dDh" title="Interest on shareholders equity distribution"><ix:nonFraction name="abev:InterestOnShareholdersEquityDistribution" contextRef="From2021-12-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.6480</ix:nonFraction>
</span>per Company share in fiscal year 2022.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_23E_zBd9FhItRO7" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_237_zNy1rrqj2BUf" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 29, 2022,
considering the shareholding position of December 19, 2022 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2022 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2021:</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Dividends</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
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    <td id="xdx_985_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20211209__20211230_zDbl3RTxeqZk" title="Amount, dividends" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmount" contextRef="From2021-12-092021-12-30" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,099.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_98E_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20211209__20211230_zCAyy8jSdWcc" title="Amount per share, distribution (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:InterestOnShareholdersEquityDistributionAmountPerShare" contextRef="From2021-12-092021-12-30" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.4702</ix:nonFraction></span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20211209__20211230_zYKm3kh6W3jh" title="Amount, distribution" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDistributionAmount" contextRef="From2021-12-092021-12-30" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,400.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20210101__20211231_z2FmYL76GsLg" title="Total amount" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDistributionAndDividendAmount" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,499.6</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of Dividends</span>. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a distribution of dividends
of R$<span id="xdx_904_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20211201__20211207_zmbFxu7Ja6S1"><ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmountPerShare" contextRef="From2021-12-012021-12-07" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.1334</ix:nonFraction></span>
per share was approved, based on available balance and the Company&#8217;s extraordinary balance sheet dated as at November 30, 2021
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2021 considering
the shareholding position of December 17, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;), and December
21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a
distribution of interest on shareholders&#8217; equity of R$<span id="xdx_902_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare1_pip0_c20211201__20211207_zdE0GezSExl7" title="Interest on shareholders equity dividends amount per share1"><ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmountPerShare1" contextRef="From2021-12-012021-12-07" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.4702</ix:nonFraction>
</span>per share was approved, based on the available balance and the Company&#8217;s extraordinary balance sheet dated as at November
30, 2021 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#8217;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholder&#8217;s equity of R$<span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211101__20211130_zDFUz6SLvX58" title="Interest on shareholders equity distribution"><ix:nonFraction name="abev:InterestOnShareholdersEquityDistribution" contextRef="From2021-11-012021-11-30" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.3996</ix:nonFraction>
</span>per share.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2021,
considering the shareholding position of December 17, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>


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    <div id="xdx_238_zxlfbXTWBhY9" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23B_zLHOtRCrK545" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2020:</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/21/2020</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Dividends</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">01/28/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2020</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_984_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20200101__20201231_zCx3AOQ1bzR7" title="Amount per share, dividends (in BRL per share)" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmountPerShare" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.0767</ix:nonFraction></span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20200101__20201231_z2Q7vSj1TXue" title="Amount, dividends" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmount" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,206.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20200101__20201231_zBBMMIZV3vod" title="Amount per share, distribution (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><ix:nonFraction name="abev:InterestOnShareholdersEquityDistributionAmountPerShare" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.4137</ix:nonFraction></span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20200101__20201231_zLRmaSPDxMh4" title="Amount, distribution" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDistributionAmount" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,509.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20200101__20201231_zFY4lDuQQKDi" title="Total amount" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;<ix:nonFraction name="abev:InterestOnShareholdersEquityDistributionAndDividendAmount" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,716.4</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A3_znPChYQlTJj6" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of Dividends</span>. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 21, 2020, a distribution of dividends
of R$<span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20201201__20201221_zSrtFR3GeaIk"><ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmountPerShare" contextRef="From2020-12-012020-12-21" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.0767</ix:nonFraction></span>
per share was approved, based on available balance and the Company&#8217;s extraordinary balance sheet dated as at November 30, 2020
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on January 28, 2021 considering
the shareholding position of January 13, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;), and January
15, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 9, 2020, a
distribution of interest on shareholder&#8217;s equity of R$<span id="xdx_907_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20201201__20201209_zjTLHF2MAeI"><ix:nonFraction name="abev:InterestOnShareholdersEquityDividendsAmountPerShare" contextRef="From2020-12-012020-12-09" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.4137</ix:nonFraction>
</span>per share was approved, based on available balance and the Company&#8217;s extraordinary balance sheet dated as at November 30,
2020 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#8217;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholders&#8217; equity of R$<span id="xdx_909_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20201101__20201130_z3bESzFPREYb" title="Interest on shareholders equity distribution"><ix:nonFraction name="abev:InterestOnShareholdersEquityDistribution" contextRef="From2020-11-012020-11-30" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">0.3517</ix:nonFraction>
</span>per share.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2020,
considering the shareholding position of December 17, 2020 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2020 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>


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    <div id="xdx_23D_zedIb2Po4zLk" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_z29QzmuPP8u5" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(d) Carrying value adjustments</b></p>

<p style="font: 6pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 6pt Arial,sans-serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfChangesInCarryingValueOfEquityTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_88E_ecustom--DisclosureOfChangesInCarryingValueOfEquityTextBlock_pn5n6_zIEm9eFOUUNi" summary="xdx: Disclosure - CHANGES IN EQUITY - Carrying Value Adjustments (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zcr55hTCAs6" style="display: none">Schedule of Carrying value adjustments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying value adjustments</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 41%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Translation reserves</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><i>Cash flow hedge</i></b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Actuarial gains/ (losses)</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Put option granted on subsidiary</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gains/(losses) of non-controlling interest&#8217;s share</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Business combination</b></span></td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Accounting adjustments for transactions between shareholders</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z1xYIKOWjkyg" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,583.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zR2pl212ggvh" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">645.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPtTDRZwEZT1" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,221.0</ix:nonFraction>)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6ZQDCGnwF3b" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">50.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_984_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDFvDozVOjC1" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy7t8cgyEmfb" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">156.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjIk7nBHaQ1i" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">75,402.4</ix:nonFraction>)</b></span></td>
    <td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zaCHplzhP7ef" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2019-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">72,274.5</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zMG8ihFdg9Md" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,493.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zcq1ABKg1jZ3" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zkRxvYv53Jx7" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6u0JU0SlNB6" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zdLesvrzkld5" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zojhi1Wxkpeg" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zxlfB76W0tKe" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zagN3x2YeGcl" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,493.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zxBPUOxkRoYl" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTcsBtlgInT1" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">99.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zJiiLbEVeQb4" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zEOOI6DIOGlf" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zUbEUCAxk6zi" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zFs9GXvcjaG2" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zJeCxuEEHlT6" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zzPAmkjdeGT6" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">99.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zZqduoMv7Tme" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zxv0d3IqNgZ" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zRhbGZa4ziBl" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">252.3</ix:nonFraction>)</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zcqjvc2v68Vg" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zLRLkkgJ4Lfj" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zArP1eH09eY" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSBjRXlotXE8" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zvkNq5ntsHda" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">252.3</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zSOEnEFtkq8" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,493.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQUxwW5wMgZe" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">99.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znSHPeje8dfl" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">252.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQm73BuYgYr1" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zinUdLGrQ8Vi" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zT4QePRUTo2h" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjlzbpfGSvik" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIVKNT7SCu8f" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,340.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Options granted on subsidiaries</span></td>
    <td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z10Txo28ter1" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zk1odwQDC2c6" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z7XPi73MXSH" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfA45vMQ5gy5" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">45.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zmiDlf6xc7Y1" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">82.6</ix:nonFraction>)</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGjoB7HebJDc" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zbRPuOA78Jxh" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zNMgmc1W4eX8" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">37.4</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zHhR5NUYq2Z4" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z23pAXVlnF2d" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPHO2aNdTJp3" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvdOvaxPjQ81" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zsiJXgHgjuHj" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGHVBKDAwrjl" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zXqUCAXXc0c1" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zuT60jJT8B65" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zjGtOB4uQDSf" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zHvdIOEyqh18" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z24bDoERUWDa" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxGWIPQeQeoe" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zbgogwHwWd6a" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.9</ix:nonFraction>)</span></td>
    <td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_z5Dm8FEaGEy1" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zZ9w2VaB9jec" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zRcqJ1kpajKl" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_98B_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zRYdZDtL4Bdi" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zp6kuwlLMQRj" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zIwtRyrvjWIk" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zidiVZECx8n8" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z5egB06MfuQl" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zORiwPYHjz91" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zCO3vRCJX7F6" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.8</ix:nonFraction>)</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zPZAZw6Rkike" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2020-01-012020-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.8</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z4tlIzaijj4c" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,076.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQCDxNvRuXe5" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">744.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zbsIThwegKV7" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,473.3</ix:nonFraction>)</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zLY3ddvVzY24" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.0</ix:nonFraction>)</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zBCoFEhNfwEa" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">73.6</ix:nonFraction>)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zqcOpbauKkzc" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">156.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6z5zHz8C15" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">75,414.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zxJovy9iMt5l" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2020-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">64,989.0</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAmNhjSyDi58" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,449.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zad9SHp1cITa" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zYlj3yISlFwl" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zE6P12vwdIXj" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zb2SXc3Nczif" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zR9Geu6hmDzc" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyNDERK1iEMg" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_ztYQou14I6Y3" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,449.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zs770gQMB0F2" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXi7r1Ltpv42" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">480.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zU84TTTIzE04" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQtjw3i45Xdk" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zcHnGpfIL3A9" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zB1Vx1qtP6sg" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6NBznUI8o3" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZOVRY1w1T9i" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">480.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zJLpFLtiSaP2" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zOYa9bPKOZQ7" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zqPqCb5BdoT" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">341.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6OSnEgxKs8g" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zrQ6e6SRGkEd" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_znbiNXt2lGag" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zpkGmdi0XuJd" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3JilzFMCGK6" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">341.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zkezN6aPliYd" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,449.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z9nRPDsoiit2" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">480.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zhOUuz0OXD5e" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">341.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z1vO3o7Cj6H9" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDvzrdRdCso1" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zpV7piKTJhk8" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zvGm5PXaCGae" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zMZFzi9EOQZ3" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,272.3</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Options granted on subsidiaries</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zctug2cDFxWb" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zYsTYn4PIr7g" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpRGhHjTFpM6" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zUFtzU8DD1L7" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.9</ix:nonFraction>)</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z2cT1ImrbMPa" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zxlGd4CJGW23" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zQCxjD18bKJi" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZBXmVhzR8Y" title="Options granted on subsidiaries" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zzwBNH69rtNf" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zBfvUQ7AjJxa" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zMBTWNhjOUYi" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zuOJz3K3IdJg" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z4wcII8YcWF9" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">46.2</ix:nonFraction>)</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zQmZ2PqhTI43" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zYQQQeb4uEm5" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zGWtjdOHBGw7" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">46.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zg4dGlMQ6lwj" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQ1lBVxiIVud" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z28N11GMWAEf" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_ztCGK9PywAda" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zGS73BG5V2xe" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.7</ix:nonFraction>)</span></td>
    <td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zDDwhTkxhRp7" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zmLdM7RlxUE6" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zxnIsnYYb4oa" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.7</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfwONUEYZ1o2" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTBQJ31UuGr2" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zchL3ZImafP2" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_znUFjWdapUg6" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z6sRT8W6Fa4" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zvATIZ8RPDU6" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zwZhNStFaFw6" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.8</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zWGATPmWzdnk" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2021-01-012021-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.8</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zQiCUOIeb1ei" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13,526.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zlJklndLopif" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,225.3</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zQ4xngcQfi57" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,131.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zKkIHMdoPmK3" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zQTdhr6iq1f9" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">121.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy4PtW9jZlxg" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">156.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zGeTvXgcvpK6" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">75,426.0</ix:nonFraction>)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_z7FqnAoyvILj" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2021-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">61,778.3</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ziGftlPtGzVa" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,772.2</ix:nonFraction>)</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zC7yBRIQqpBb" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znymMbzrH81f" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zY9iJIL2a8Ic" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z87q2fotkDE8" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zZAIA0rkvjy7" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zDMA5BpwFuOj" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zJOkGGhKsmja" title="Gains/(losses) on the translation of foreign operations" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,772.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zIL5anA4MITj" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXhn4qGqRtX8" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">316.7</ix:nonFraction>)</span></td>
    <td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z6TSbDaRuuDk" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxwyY9WSl2g3" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zURGtejrnqx6" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze0eNuqaQ8Bf" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_z1ZUlOx69Cz8" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zrRfJkpdTBnl" title="Cash flow hedges" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">316.7</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAJt8jPIjW22" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zD1Pp1sDBDLf" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zb5zWxQlbhL7" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">466.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfQZMTUuiwQ2" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zAEN7bJiqfj4" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zwmi2XDqdTWf" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyFSWJBWmsmj" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zHBCyBQlxh3f" title="Actuarial gains/(losses)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">466.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ztJCfVLp0EL3" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,772.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zbU3aaTmDfth" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">316.7</ix:nonFraction>)</b></span></td>
    <td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z8P1WzUFWzsi" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">466.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zNIStxy3juO9" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zTE3No1uY9Th" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze6Ywa6nc34k" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zW7v6ClZpqyb" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zEXgTTxsioAb" title="Total comprehensive income" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:ComprehensiveIncome" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,622.4</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfvann5ppma8" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zpVJOcLOXuQ8" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zfpKuems8XEe" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQ9J8rqcatod" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zE1ZOfLViO0a" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.8</ix:nonFraction>)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zJO6l6qwcNF9" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_ztc6tdGq7DV2" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3hBBzoQe4T8" title="Gains/(losses) on controlling interest" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.8</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zTeIZ63NxWYh" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zB0UCRi8Phrb" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z4Rtge3qQpVe" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjjtTLPzjEFi" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zuQdDwAFvnDj" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6.2</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ziFogqsoRnx1" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zgPm9LRgg4P2" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIkKPOMxa9Xi" title="Tax on deemed dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zXgjbcB3Acw7" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXHX9XOlvIp5" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zohPy4FvNEnj" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjt02Av4bES5" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zJDXWyu21PL9" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zSBaO0iPe5Vh" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_pn5n7" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:numdotdecimal" decimals="-5" scale="7" sign="-" unitRef="BRL">11.8</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zYQ6bCoP3yie" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_custom_CarryingValueAdjustmentMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.8</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfIhyVJBd8ik" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsTranslationReservesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6,754.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zycnhRW5jFvi" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsCashFlowHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">908.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpepFakFyDUc" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsActuarialGainslossesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">665.0</ix:nonFraction>)</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvplvXDcOH35" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDkayjmysy3k" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">130.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zc1aqN40QPe4" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsBusinessCombinationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">156.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSZwoUbquDbc" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">75,437.8</ix:nonFraction>)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zbqnUKP2Ryva" title="Balance, equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:Equity" contextRef="AsOf2022-12-31_custom_CarryingValueAdjustmentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">68,421.5</ix:nonFraction>)</b></span></td></tr>
  </table></ix:nonNumeric>

<ix:exclude><!-- Field: Page; Sequence: 252 -->
    <div id="xdx_233_zAaLUbGPGzVd" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_239_zpIlqGidzDVj" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_239_zhL9KRSv1ysk" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_238_zAr1pePxovoa" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>(d.1) Translation reserves</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The translation reserves comprise all foreign
currency exchange differences arising from the translation of the financial statements with a functional currency different to the Real.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The translation reserves also comprise the portion
of the gain or loss on the foreign currency liabilities and on the derivative financial instruments determined to be effective net
of investment hedges.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"><b>(d.2) Cash flow hedge reserves</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The hedging reserves represent the effective portion
of the cumulative net change in the fair value of cash flow hedges to the extent that the hedged risk has not yet impacted profit or loss
(for additional information, see Note 28 - <i>Financial instruments and risks)</i>.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>(d.3) Actuarial gains and losses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Actuarial gains and losses include expectations regarding
future pension plan obligations. Consequently, the results of actuarial gains and losses are recognized on a timely basis considering
the best estimates available to Management. Accordingly, the Company recognizes the results of these estimated actuarial gains and losses,
on a monthly basis, based on the expectations presented in the independent actuarial report.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In March, 2021, an actuarial loss of R$<span id="xdx_908_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans_pn3n3_c20210301__20210331_zkTFVvYXgnVj" title="Actuarial loss"><ix:nonFraction name="ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans" contextRef="From2021-03-012021-03-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="BRL">56,940</ix:nonFraction></span> arising
from the deficit on the defined benefits plan was fully recorded under actuarial gains and losses as a counterpart to the balance receivable
originally recorded. There were no actuarial gains or losses arising from surplus or deficit in 2022.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"><b>(d.4) <span style="color: black">Accounting adjustments
for transactions between shareholders</span></b></p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As determined by IFRS 10, any difference between the
amount paid (fair value) for the acquisition of a non-controlling interest and the carrying amount of such non-controlling interest shall
be recognized directly in the controlling shareholders&#8217; equity. The acquisition of the non-controlling interest related to Former
Ambev and the abovementioned adjustment was recognized in Carrying value adjustments when applicable.</p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>


<ix:exclude><!-- Field: Page; Sequence: 253 -->
    <div id="xdx_230_zZuAsMQDm1C3" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23A_zYkrA8UFgJ7l" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_230_zayGElCbSc29" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23A_zi9j0COdYUbk" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>(e) Earnings per share</b></p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Basic and diluted earnings per share of the stock option and deferred stock</b></p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The calculation of the basic earnings per share is based
on the net income attributable to the equity holders of Ambev and the proportional weighted average number of shares outstanding during
the year.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The diluted earnings per share of the stock option and
deferred stock is based on the net income attributable to the equity holders of Ambev, adjusted by the weighted average number of shares
outstanding during the year to assume the conversion of all potentially dilutive shares, as follows:</p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfEarningsPerShareExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89B_eifrs-full--DisclosureOfEarningsPerShareExplanatory_pn5n6_zkdtei42DpL9" summary="xdx: Disclosure - CHANGES IN EQUITY - Diluted Earnings (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zSJV7QLdPN4g" style="display: none">Schedule of earnings per share</span></td>
    <td id="xdx_492_20220101__20221231_zfpHQXzXPTuj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_490_20210101__20211231_zW8FrM1VJHP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49C_20200101__20201231_zFZYoBgXxvEl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 54%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Million shares</span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--WeightedAverageShares_i_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif">Weighted average number of shares at December 31&#160;</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup id="xdx_F43_z1lWY3J29Lac">(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WeightedAverageShares" contextRef="From2022-01-01to2022-12-31" id="Fact004820" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,741.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WeightedAverageShares" contextRef="From2021-01-012021-12-31" id="Fact004821" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,736.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WeightedAverageShares" contextRef="From2020-01-012020-12-31" id="Fact004822" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,733.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_i_pdd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effect of shares options</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">106.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">120.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">134.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--AdjustedWeightedAverageShares_zQ6Rbf7qGbu1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Weighted average number of shares (diluted) at December 31</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:AdjustedWeightedAverageShares" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,848.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:AdjustedWeightedAverageShares" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,857.4</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:AdjustedWeightedAverageShares" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,867.6</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F06_zW1wfXVDn4P6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F10_zT021yCfwhZb" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote004831" xml:lang="en-US">Not including treasury shares.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8A7_zqalkqRJLkCf" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The tables below present the calculation of earnings
per share (&#8220;EPS&#8221;):</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:EarningsPerShareExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_899_eifrs-full--EarningsPerShareExplanatory_pn5n6_zGilL3M7fo0l" summary="xdx: Disclosure - CHANGES IN EQUITY - Calculation of Earnings Per Share (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zB3TJyyKoXQ2" style="display: none">Schedule of calculation of earnings
per share</span></td>
    <td id="xdx_494_20220101__20221231_zCl5e7qhfYC8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_491_20210101__20211231_z7tslHVuO86k" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49D_20200101__20201231_z3YcnY5ogQSg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_409_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_zoiBKjZAdvoi" style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Income attributable to the equity holders of Ambev&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,457.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,671.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,379.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--WeightedAverageShares_zL8oMr2XNB82" style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Weighted average number of shares (non diluted)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:WeightedAverageShares" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="Shares">15,741.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: top; background-color: White">
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  <tr id="xdx_40C_ecustom--AdjustedWeightedAverageShares1_zlkRuQp9CLxh" style="background-color: rgb(204,238,255)">
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  <tr id="xdx_403_eifrs-full--DilutedEarningsLossPerShare_pip0_zL3xnJawEiQ1" style="background-color: White">
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  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0D_zm0S9fHVS4Fk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_zNaendMZi6g3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote004858" xml:lang="en-US">Expressed in Brazilian Reais.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8A8_zAUH2yl00zM4" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(f) Destinations</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">At December 31, 2022, the Company made
appropriations to retained earnings, in accordance with the Brazilian Corporate law and the Company&#8217;s bylaws. The dividends
payments made up to December 31, 2022 were approved at the Board of Directors&#8217; Meeting.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Regarding the basis for dividends, the Company
believes that the predecessor basis of accounting, as well as its presentation for comparative purposes, will not affect the
determination of the minimum mandatory dividend. Therefore, the Company intends to adjust the calculation basis of the minimum
mandatory dividend to cancel out any current and future impacts on net income arising from the adoption of this accounting practice,
related to the amortization or depreciation of surplus assets or even a possible impairment of goodwill, thus preserving the
mandatory minimum dividends.</p>


<ix:exclude><!-- Field: Page; Sequence: 254 -->
    <div id="xdx_23B_zAxvhlbpPE33" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" id="xdx_231_z3x3ZO98lwQk" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_232_zVyAIwMiJ1i" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_zf6A9Nwz9Ur" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_238_zStfYTYBUUW9" style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p></ix:exclude>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureForTheBasisOfDividendsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89D_ecustom--DisclosureForTheBasisOfDividendsTextBlock_pn5n6_zQHvuefMhRm3" summary="xdx: Disclosure - CHANGES IN EQUITY - Basis for Dividends (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zMMDdtWZUN92" style="display: none">Schedule of basis of dividends</span></td>
    <td id="xdx_494_20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_z7MRNigRGIE4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_495_20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zH3y8ymFt3Uh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zk7SaPuvcie9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 63%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOwnersOfParent_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net income, attributable to equity holders of Ambev</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:ProfitLossAttributableToOwnersOfParent" contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,379.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_407_ecustom--PrescribedDividends_i_pn6n6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Prescribed/(complementary) dividends</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PrescribedDividends" contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_403_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_405_ecustom--IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_i_pn6n6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effect of application of IAS 29 (hyperinflation)</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_402_ecustom--RetainedEarningsBasisForDividendsAndDestinations_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40B_ecustom--DividendsAndInterestOnCapitalPaidBasedOnProfit_zRfpr8Wlk4o9" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DividendsAndInterestOnCapitalPaidBasedOnProfit" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,999.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DividendsAndInterestOnCapitalPaidBasedOnProfit" contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,499.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DividendsAndInterestOnCapitalPaidBasedOnProfit" contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,716.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_407_ecustom--TotalOfDividendsAndInterestOnCapital_iT_zEQa2gN8IQa1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TotalOfDividendsAndInterestOnCapital" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,999.8</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TotalOfDividendsAndInterestOnCapital" contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,499.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TotalOfDividendsAndInterestOnCapital" contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,716.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_409_ecustom--DividendPercentageOfNetIncome_pip0_dp_zxyowIcfHNh6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Percentage of distributed profit</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:DividendPercentageOfNetIncome" contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">68</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:DividendPercentageOfNetIncome" contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">64</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:DividendPercentageOfNetIncome" contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">60</ix:nonFraction>%</span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A6_z5S8QCUfiIV2" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfBorrowingsExplanatory"><p id="xdx_806_eifrs-full--DisclosureOfBorrowingsExplanatory_zqssBE37Coc4" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>23.</b></span><b></b></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_028"></span><span id="xdx_825_zLdbddWKzyYl">INTEREST-BEARING LOANS AND BORROWING</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTotalLiabilitiesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89B_ecustom--DisclosureOfTotalLiabilitiesTextBlock_pn5n6_zowEzPhCDNlk" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Liabilities (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zbDypa1Ibunb" style="display: none">Schedule of total liabilities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 54%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Secured bank loans</span></td>
    <td id="xdx_98E_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">126.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zw4qI37Q3Tfk" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">174.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other unsecured loans</span></td>
    <td id="xdx_988_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_OtherUnsecuredLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">328.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_zcVrt2hEFUIc" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_OtherUnsecuredLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">92.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Lease liabilities</span></td>
    <td id="xdx_982_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_pn5n6" title="Interest-bearing loans and borrowings, noncurrent" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,333.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zz3EskXTuqlk" title="Interest-bearing loans and borrowings, noncurrent" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,986.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current liabilities</b></span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_c20221231_pn5n6" title="Interest-bearing loans and borrowings, noncurrent" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,788.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zaMXy1cMVPN7" title="Interest-bearing loans and borrowings, noncurrent" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,253.5</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Secured bank loans</span></td>
    <td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zIRPh3AEKn4d" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">72.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Unsecured bank loans</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zsLVDDWbsJ61" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_UnsecuredBankLoansMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other unsecured loans</span></td>
    <td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2022-12-31_custom_OtherUnsecuredLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">144.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_zXtdbiAwWA31" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2021-12-31_custom_OtherUnsecuredLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">37.2</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Lease liabilities</span></td>
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    <td id="xdx_989_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zfo0Ay0WK45c" title="Interest-bearing loans and borrowings, current" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">653.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current liabilities</b></span></td>
    <td id="xdx_983_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231_pn5n6" title="Interest-bearing loans and borrowings, current" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">982.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zvjEofLhVrO5" title="Interest-bearing loans and borrowings, current" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">847.1</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A4_zkfmbGnlOxac" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Additional information regarding the exposure of the
Company to interest rate, foreign currency risk and debt repayment schedule is disclosed in Note 28 - <i>Financial instruments and risks</i>.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><span style="background-color: white">At </span>December 31, 2022 <span style="background-color: white">and
</span>2021 <span style="background-color: white">the Company&#8217;s debts were exposed to the following interest rates:</span></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89D_eifrs-full--DisclosureOfDetailedInformationAboutBorrowingsExplanatory_pn5n6_zSnFL3zIcUy9" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Debt Interest Rates (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_zPeRqOum5a1k" style="display: none">Schedule of debts</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Debt instruments</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate %</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate %</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Debt denominated in US Dollars fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zm9vmBzDgFx6" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2022-12-31_custom_DebtDenominatedInUSDollarsMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">14.00</ix:nonFraction></span>%</span></td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zSJoztumjPta" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_DebtDenominatedInUSDollarsMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zB8jCku67th9" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4941">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDd1Mlu897Yg" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_DebtDenominatedInUSDollarsMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">13.12</ix:nonFraction></span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zJrTfZxQPf44" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_DebtDenominatedInUSDollarsMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">17.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zYBt4gssfyIj" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_DebtDenominatedInUSDollarsMember_ifrs-full_FixedInterestRateMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais denominated floating rate (CDI and DI)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zXJGHDEnlpl1" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zOJ7HEyVD9Rj" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxtAkpK3IWal" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_ReaisDebenturesRelatedToCDIMember_srt_WeightedAverageMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">11.56</ix:nonFraction></span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zaVkxnXSYTA1" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">83.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zspq5xiKeH16" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other Latin American currencies fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zrmmqAnsnP3" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2022-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.39</ix:nonFraction></span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zI6oAvgq19lk" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">98.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXcWVEKHS2Al" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">322.5</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z8zriLESQbW6" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">11.34</ix:nonFraction></span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zZr5dV7cJaRe" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">48.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqmkzKRDpqQg" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">177.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Debt denominated in CAD Dollars fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zuFsBoLXkzBi" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2022-12-31_custom_DebtDenominatedInCADDollarsMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5.32</ix:nonFraction></span>%</span></td>
    <td id="xdx_983_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zmBppWh8rbj5" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">123.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqAMU4ABUa1e" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">387.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zMqLVGh5Ypxf" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_DebtDenominatedInCADDollarsMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.49</ix:nonFraction></span>%</span></td>
    <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zeqSs51o9B41" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">91.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_znJJ6DE3C6r6" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">339.2</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais denominated floating rate (TJLP and TR)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z0aBWKnZIZw2" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2022-12-31_custom_ReaisDebtMember_srt_WeightedAverageMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">9.61</ix:nonFraction></span>%</span></td>
    <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxikKnjVpGJ1" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zMydzoccFcla" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">125.1</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zamNEfwvMfek" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zfhVsfMo7ehl" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - ICMS fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zo2dHoCDbVf" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.95</ix:nonFraction></span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXlw7IQHI0K7" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">113.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqwsGBpjKHRl" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">266.4</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDDtZ7u6Xgwa" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5.06</ix:nonFraction></span>%</span></td>
    <td id="xdx_987_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z1x6kGbCISll" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">37.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zhcyCrtkyyIk" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">92.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - ICMS floating rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_900_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zwyH2LlAneq8" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_srt_WeightedAverageMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6.97</ix:nonFraction></span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zz2eLuJfrHm5" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">31.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z1pntOldN2P8" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FloatingInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">61.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zzFs4cib1rA8" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FloatingInterestRateMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
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  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_901_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zIoAiPrCdp6g" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2022-12-31_custom_ReaisDebtMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">9.43</ix:nonFraction></span>%</span></td>
    <td id="xdx_989_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zPP4i6k8PW9a" title="Interest-bearing loans and borrowings, current" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">597.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zt1HG0M6icp" title="Interest-bearing loans and borrowings, noncurrent" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,624.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zRy2g3by7Awl" title="Average rate"><ix:nonFraction name="ifrs-full:BorrowingsInterestRate" contextRef="AsOf2021-12-31_custom_ReaisDebtMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7.33</ix:nonFraction></span>%</span></td>
    <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqjO6ArUaDX8" title="Interest-bearing loans and borrowings, current" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">569.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z57UR91Z6vci" title="Interest-bearing loans and borrowings, noncurrent" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,644.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231_zu8edMVMHqY3" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">982.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcv22KsSqqSa" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,788.1</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231_z3Udvk93DtUg" title="Interest-bearing loans and borrowings, current" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentPortionOfLongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">847.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_z6hDUH0enH0a" title="Interest-bearing loans and borrowings, noncurrent" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,253.5</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A8_zlI6dX7RlGzk" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 255 -->
    <div id="xdx_232_z80uOH7Bh9ja" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23A_zvcSbemNWrza" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23C_zQF0rfvc4tb8" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_237_zP5JqtbOflJ2" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>Reconciliation of liabilities arising from financing activities</b></p>

<p style="font: 6pt/115% Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The tables below detail the changes in the Company&#8217;s
liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities
are those for which cash flow was, or future cash flow will be classified in the company&#8217;s consolidated statement of cash flow from
financing activities.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89A_ecustom--ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_pn5n6_zcu6xaPdwAC2" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Reconciliation of Liabilities (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zDgxg73bSs3k" style="display: none">Schedule of Reconciliation of liabilities arising from financing activities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current liabilities</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 24%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non - current liabilities</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zXqHu73wy6fc" title="Balance, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">847.1</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zXtgt2ezxaq7" title="Balance, non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,253.5</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Proceeds</span></td>
    <td id="xdx_981_eifrs-full--ProceedsFromCurrentBorrowings_pn5n6_c20220101__20221231_zGGfspbYtKb4" title="Proceeds, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ProceedsFromCurrentBorrowings" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--ProceedsFromNoncurrentBorrowings_pn5n6_c20220101__20221231_zfpAI9W7LVNf" title="Proceeds, non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ProceedsFromNoncurrentBorrowings" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">267.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Payments</span></td>
    <td id="xdx_987_eifrs-full--RepaymentsOfCurrentBorrowings_pn5n6_c20220101__20221231_zMAFnD0i5DE5" title="Payments, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:RepaymentsOfCurrentBorrowings" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">230.2</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--RepaymentsOfNoncurrentBorrowings_pn5n6_d0_c20220101__20221231_zROu4vPxFDHd" title="Payments, non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RepaymentsOfNoncurrentBorrowings" contextRef="From2022-01-01to2022-12-31" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Foreign exchange</span></td>
    <td id="xdx_98B_ecustom--ForeignExchangeEffectOnCurrentBorrowings_pn5n6_c20220101__20221231_zoly84cKq4Za" title="Foreign exchange, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ForeignExchangeEffectOnCurrentBorrowings" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">17.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_ecustom--ForeignExchangeEffectOnNoncurrentBorrowings_pn5n6_c20220101__20221231_zWSfo5CuQLo1" title="Foreign exchange, non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ForeignExchangeEffectOnNoncurrentBorrowings" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">56.8</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Transfers between current and non-current</span></td>
    <td id="xdx_988_ecustom--TransferBetweenCurrentAndNoncurrentCurrent_pn5n6_c20220101__20221231_zSYnA2IYkiW1" title="Transfers between current and non-current, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:TransferBetweenCurrentAndNoncurrentCurrent" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">761.0</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--TransferBetweenCurrentAndNoncurrentNoncurrent_pn5n6_c20220101__20221231_zdhG6fFtskAa" title="Transfers between current and non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:TransferBetweenCurrentAndNoncurrentNoncurrent" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">761.0</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New lease agreements</span></td>
    <td id="xdx_98B_ecustom--AdditionsToLeaseLiabilityCurrent_pn5n6_c20220101__20221231_z92MOUisI2aa" title="New lease agreements, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:AdditionsToLeaseLiabilityCurrent" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">469.2</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest on leases</span></td>
    <td id="xdx_98E_eifrs-full--InterestExpenseOnLeaseLiabilities_pn5n6_c20220101__20221231_zucyGmqkdX6e" title="Interest on leases" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestExpenseOnLeaseLiabilities" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">159.3</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Payment of lease liabilities</span></td>
    <td id="xdx_98F_eifrs-full--PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_pn5n6_c20220101__20221231_zZD6qHI1FZy8" title="Payment of lease liabilities, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,014.0</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_983_ecustom--OtherMovementsCurrent_pn5n6_c20220101__20221231_zAbJYYCDvGBa" title="Other movements, current" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:OtherMovementsCurrent" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.3</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--OtherMovementsNoncurrent_pn5n6_c20220101__20221231_zuA7K3AC8VU2" title="Other movements, non-current" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:OtherMovementsNoncurrent" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">180.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>December 31, 2022</b></span></td>
    <td id="xdx_98A_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20221231_zKlM203CUdD9" title="Balance, current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">982.6</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcVhzG1J0yOd" title="Balance, non-current" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LongtermBorrowings" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,788.1</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A0_zjanyL5MFmf6" style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Contractual clauses (Covenants)</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">As at December 31, 2022, as well as at December
31, 2021 the Company's loans had equal rights to payment without subordination clauses. For the credit lines due to FINAME contracted
by the Company with Banco Nacional de Desenvolvimento Econ&#244;mico e Social (&#8220;BNDES&#8221;), the assets acquired using the credit
granted were placed as collateral. Other loans and financing contracted by the Company require various guarantees as collateral, such
as warranty or real estate, or are unsecured. Most loan contracts contain contractual covenants, including: financial covenants, including
actions that can reduce the ability to pay the loans; maintenance of the Company's assets, purposing to assure that all remain under usage
condition; restrictions on acquisitions, mergers, sales or disposals of its assets; disclosure of financial statements and the balance
sheet; no prohibitions related to new guarantees for loans contracted, except if: (i) expressly authorized under the agreement; (ii) new
loans contracted from financial institutions linked to the Brazilian government including BNDES or foreign governments; or foreign governments,
multilateral financial institutions (e.g. the World Bank) or in jurisdictions in which the Company operates.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Additionally, all agreements with BNDES are subject
to certain &#8220;provisions applicable to agreements entered into with BNDES&#8221; (&#8220;Provisions&#8221;). Such Provisions require
the borrower to obtain prior consent from BNDES if they, for instance, wish to: (i) raise new loans (except for the loans described in
the Provisions); (ii) give preference and/or priority to other debts; and/or (iii) dispose of or encumber any items of their fixed assets
(except as provided for within the Provisions).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">These clauses are applicable from the date of execution
and effectiveness of each contract to the extent that the events mentioned in the contract occur. Depending on the materiality of each
event and its potential adverse effects on the Company and /or its subsidiaries or the rights of its creditors, contractual penalties
may be applied, including the early maturity of the respective contract. In certain contracts, in the event of occurrence of any of the
events</p>


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    <div id="xdx_23E_zFXl3xPmsAm8" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_zNKaC9GZRBIa" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">set out in the restrictive clauses, the Company may be granted
a grace period to resolve any contractual defaults, in order to avoid any penalties resulting from the breach of its obligations.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Lastly, regarding the tax incentives on financing or
subsidized loans, these are subject to the fulfillment of several commitments according to the legislation or contracts upon which those
incentives are based on, such as (i) maintenance of jobs or job creation; (ii) realization of investments; (iii) increase in production
capacity; (iv) commitment to collect ICMS; (v) maintenance of fiscal good standing; among others, obligations that refer to facts under
the Company&#8217;s control. These commitments are applicable as from the signature date of the respective contracts related to fiscal
benefits.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">As at December 31, 2022, as well as at December 31, 2021
the Company was in compliance with all of its contractual obligations for its loans and financing.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfEmployeeBenefitsExplanatory"><p id="xdx_80F_eifrs-full--DisclosureOfEmployeeBenefitsExplanatory_z4wdJBob7Mnc" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>24.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_029"></span><span id="xdx_827_zNTj8RQhoHxc">EMPLOYEE BENEFITS</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 12pt 0; text-align: justify">The Company sponsors post-employment benefits, such
as retirement plans, medical and dental care, among others for employees in Brazil and subsidiaries located in the Dominican Republic,
Barbados, Panama, Uruguay, Bolivia, Argentina and Canada based on employees' salaries and length of service. The entities are governed
by the local regulations and practices of each individual country as well as the relationship with the Company&#8217;s pension funds and
their composition.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Post-employment benefits of retirement are managed
through pension funds and are classified as either defined contribution or defined benefit plans.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Defined benefit plans and the other post-employment
benefits are not granted to new retirees.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Defined contribution plans</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">These plans are funded by the participants and
the sponsor and are managed by administered pension funds. During 2022, the Company contributed R$<span id="xdx_901_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20220101__20221231_zSYQctcEX8ja" title="Post-employment benefit expense, defined contribution plans"><ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">82.0</ix:nonFraction></span> (R$<span id="xdx_901_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20210101__20211231_zagNe9HuRKZ5" title="Post-employment benefit expense, defined contribution plans"><ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">74.1</ix:nonFraction></span> and R$<span id="xdx_906_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20200101__20201231_zvEqecPcTLse" title="Post-employment benefit expense, defined contribution plans"><ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">61.1</ix:nonFraction></span> during 2021
and 2020) to these funds, which was recorded in expenses. Once the contributions have been paid, the Company has no further payment obligations.</p>


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    <div id="xdx_235_zmdWumhYSb2i" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_237_z1KzKl1yEtJj" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Defined benefit plans</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">At December 31, 2022, 2021 and 2020 the net liability
for defined benefit plans consisted of the following:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89C_eifrs-full--DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_pn5n6_znaSGuhvfZ12" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Net Liability for Defined Benefit Plans (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BB_zHpzEaJcOUck" style="display: none">Schedule of net liability
for defined benefit plans</span></td>
    <td id="xdx_49B_20221231_zxXs2bP2QVbl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49D_20211231_zFuAqDVpaNC9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_493_20201231_zGCDBkIwWJt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40F_ecustom--DefinedBenefitObligationFundedPortionAtPresentValue_iNI_di_ztJm92ulJbQc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Present value of funded obligations</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitObligationFundedPortionAtPresentValue" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,476.5</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitObligationFundedPortionAtPresentValue" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,354.3</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitObligationFundedPortionAtPresentValue" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,582.0</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--PlanAssetsAtFairValue_iI_zhRo6qUAEaCc" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Fair value of plan assets</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PlanAssetsAtFairValue" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,543.3</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PlanAssetsAtFairValue" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,638.0</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PlanAssetsAtFairValue" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,533.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--SurplusDeficitInPlan_iI_zIwDG3TonKmi" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Present value of net obligations</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:SurplusDeficitInPlan" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">933.2</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:SurplusDeficitInPlan" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,716.3</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:SurplusDeficitInPlan" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,048.7</ix:nonFraction>)</b></span></td></tr>
  <tr id="xdx_400_ecustom--DefinedBenefitObligationUnfundedPortionAtPresentValue_iNI_di_zWqC6LrsYdwk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Present value of unfunded obligations</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitObligationUnfundedPortionAtPresentValue" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">921.0</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitObligationUnfundedPortionAtPresentValue" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,165.4</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitObligationUnfundedPortionAtPresentValue" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,195.6</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_402_eifrs-full--DefinedBenefitObligationAtPresentValue_iNI_di_z8DugUmadRr1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Present value of net obligations&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,854.2</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,881.7</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,244.3</ix:nonFraction>)</b></span></td></tr>
  <tr id="xdx_40F_ecustom--AssetCeiling_iNI_di_zKgWaTR4wdGl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Asset ceiling</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AssetCeiling" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">163.3</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AssetCeiling" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">180.1</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AssetCeiling" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">160.5</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--RecognisedLiabilitiesDefinedBenefitPlan_iNI_di_zs3aM62z0Nh9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net liabilities</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,017.5</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,061.8</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,404.8</ix:nonFraction>)</b></span></td></tr>
  <tr id="xdx_40F_ecustom--OtherLongTermEmployeeBenefitLiabilities_iNI_di_zz1lfgEpCRi7" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other long term employee benefits</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:OtherLongTermEmployeeBenefitLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">87.1</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:OtherLongTermEmployeeBenefitLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">104.3</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:OtherLongTermEmployeeBenefitLiabilities" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">105.5</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zia4wgNp9sqg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total employee benefits</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,104.6</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,166.1</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,510.3</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Employee benefits amount in the balance sheet</span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Liabilities&#160;</span></td>
    <td id="xdx_989_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_z5cnawx1BWnc" title="Total employee benefit" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2022-12-31_custom_EmployeeBenefitLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,161.2</ix:nonFraction>)</span></td>
    <td id="xdx_98A_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zho0ahTr834b" title="Total employee benefit" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31_custom_EmployeeBenefitLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,194.0</ix:nonFraction>)</span></td>
    <td id="xdx_986_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zdp5kjnb5DEd" title="Total employee benefit" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31_custom_EmployeeBenefitLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,543.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Assets&#160;</span></td>
    <td id="xdx_985_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zomUodvg00g8" title="Total employee benefit" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2022-12-31_custom_EmployeeBenefitsAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zNbYIo4WcJI2" title="Total employee benefit" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31_custom_EmployeeBenefitsAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_z6G905JHm8hk" title="Total employee benefit" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31_custom_EmployeeBenefitsAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">33.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zrpa9tFdG5X7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net liabilities</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,104.6</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,166.1</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,510.3</ix:nonFraction>)</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A6_zkANzIxy2FZd" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The changes in the present value of the defined benefit obligations were as
follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfDefinedBenefitObligationTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_884_ecustom--DisclosureOfDefinedBenefitObligationTextBlock_pn5n6_zy4GP0LpXvfb" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Obligation (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zu9Y6flaMG6g" style="display: none">Schedule of defined benefit obligations</span></td>
    <td id="xdx_491_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zXn12hsH37c2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zVpDabeOgYg7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zTIXhQ0SPBDa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zbJuwFAjtzTb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Defined benefit obligation at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8,519.7</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8,777.6</ix:nonFraction>)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2019-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6,845.0</ix:nonFraction>)</b></span></td></tr>
  <tr id="xdx_401_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Service costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">47.0</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">58.0</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">51.4</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_409_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest costs</span></td>
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  <tr id="xdx_40B_ecustom--GainsLossesOnSettlementAndCurtailment_i_pn5n5" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_401_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by plan participants</span></td>
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  <tr id="xdx_408_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_d0_zTmOGUmnB5ij" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Actuarial gains and (losses) - geographical assumptions</span></td>
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  <tr id="xdx_40E_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Actuarial gains and (losses) - financial assumptions</span></td>
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  <tr id="xdx_40A_eifrs-full--ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Experience adjustments</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reclassifications</span></td>
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  <tr id="xdx_408_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of exchange rate fluctuations</span></td>
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  <tr id="xdx_40B_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Benefits paid</span></td>
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    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">573.7</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">521.9</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zfL8N5MEGIEh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Defined benefit obligation at December, 31</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31_ifrs-full_PresentValueOfDefinedBenefitObligationMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8,519.7</ix:nonFraction>)</b></span></td>
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  </table></ix:nonNumeric>
<p style="font: 12pt/107% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The present value of funded obligations includes R$<span id="xdx_90B_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20221231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zQd2al301SP6" title="Defined benefit obligation, at present value"><ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="AsOf2022-12-31_custom_TwoHealthCarePlansFromFundacaoZerrennerMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">665.4</ix:nonFraction></span>
at December 31, 2022 (R$<span id="xdx_906_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20211231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zoGzJk48yuyg" title="Defined benefit obligation, at present value"><ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="AsOf2021-12-31_custom_TwoHealthCarePlansFromFundacaoZerrennerMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">603.9</ix:nonFraction></span> at December 31, 2021 and R$<span id="xdx_90D_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20201231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zvPIZDZkolpi" title="Defined benefit obligation, at present value"><ix:nonFraction name="ifrs-full:DefinedBenefitObligationAtPresentValue" contextRef="AsOf2020-12-31_custom_TwoHealthCarePlansFromFundacaoZerrennerMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">705.0</ix:nonFraction></span> at December 31, 2020) of two health care plans for which the benefits were
provided directly by Funda&#231;&#227;o Zerrenner. Funda&#231;&#227;o Zerrenner is a legally distinct entity whose main goal is
to provide the Company&#8217;s current and retired employees and managers with health care and dental assistance, technical and higher
education courses, and to maintain facilities for assisting and helping elderly people, among other matters, either through direct initiatives
or through financial assistance agreements with other entities.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 258 -->
    <div id="xdx_233_z1V4t1jS30v7" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_234_zXYiJvocxyW7" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_238_zLPM6AlN4PC6" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_237_zGW9C7r66Ym4" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The changes in the fair value of plan assets are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89B_ecustom--DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock_pn5n6_zBIp3nXyOU8a" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z4qzBun7Y4Ri" style="display: none">Schedule of changes in the fair value of plan assets</span></td>
    <td id="xdx_490_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zrwlNYcJ0SF2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zmYPB4C9eT35" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49E_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z77QLCkegPg2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zjn6vhMS2Sig" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Fair value of plan assets at January 1</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,533.3</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2019-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,582.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di_zlFFdZXMPuy4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">262.1</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">223.9</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">245.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_404_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_iN_di_zWXQvaQ5yncj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AdiministrativeCostsNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.2</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AdiministrativeCostsNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.8</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AdiministrativeCostsNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_400_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected return, excluding interest income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">614.6</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">148.3</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">89.4</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_zR4mSspNNaJ3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by employer</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">316.0</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">342.0</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">306.8</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_zXZHfORVD054" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by plan participants</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.8</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7.1</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.3</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zD1Cfim5Ac08" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exchange differences</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">482.6</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">263.1</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">812.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_401_ecustom--IncreaseDecreaseInPlanAssetsFromTransfers_d0_zM6IqBHCjkAd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Transfers</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInPlanAssetsFromTransfers" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInPlanAssetsFromTransfers" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:IncreaseDecreaseInPlanAssetsFromTransfers" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_zyMexzq0zZvl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Curtailments, settlements and other</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.6</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.8</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_zPYGx84Zm8w4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Benefits paid, excluding administrative costs</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">574.4</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">573.7</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PaymentsFromPlanNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">521.9</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zahLxmJLLAEg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Fair value of plan assets at December, 31</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2022-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,543.3</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,638.0</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31_ifrs-full_PlanAssetsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5,533.3</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A4_zsYVYZWMXAOc" style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The real return on plan assets generated at December
31, 2022 was a gain/(loss) of R$<span id="xdx_901_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn5n6_c20220101__20221231_zbioVgy5vOd1">(<ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">352.5</ix:nonFraction>)
</span>(gain/(loss) of R$<span id="xdx_903_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn5n6_c20210101__20211231_zpITRfdgOyri"><ix:nonFraction name="ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">75.5</ix:nonFraction>
</span>at December 31, 2021).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">At December 31, 2022, the Company recorded R$<span id="xdx_903_ecustom--AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_iI_pn5n6_c20221231_zQXlHI9YVIki" title="Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan"><ix:nonFraction name="abev:AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56.6</ix:nonFraction></span> (R$<span id="xdx_90D_ecustom--AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_iI_pn5n6_c20211231_zxhuDsSRM1Oi" title="Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan"><ix:nonFraction name="abev:AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27.9</ix:nonFraction></span>
at December 31, 2021) up to the asset ceiling not exceeding the present value of future benefits.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The changes in the asset ceiling not exceeding the present
value of future benefits are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfAssetCeilingTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89C_ecustom--DisclosureOfAssetCeilingTextBlock_pn5n6_zLiXm0eEFvJd" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Asset Ceiling (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z7h3kyhnk6p" style="display: none">Schedule of asset ceiling</span></td>
    <td id="xdx_49A_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zBZTvIKm10df" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zditqfU7A107" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_494_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zKq4o0rYRNC4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zHjvUqoVZLy9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Asset ceiling impact at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27.9</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">33.6</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2019-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di0_ztY0rRN4LOB" style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income/(expenses)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:zerodash" decimals="-5" scale="6" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.3</ix:nonFraction>&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">12.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_i_pn5n5" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Change in asset ceiling excluding amounts included in interest income/(expenses)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" contextRef="From2022-01-012022-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">30.2</ix:nonFraction>&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" contextRef="From2021-01-012021-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">9.0</ix:nonFraction>)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" contextRef="From2020-01-012020-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">48.9</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_407_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zge2nJ7tLxDa" style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of exchange rate fluctuations&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-012022-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.5</ix:nonFraction>)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2.0</ix:nonFraction>&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14.1</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zPGE2tc5Mfe7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Asset ceiling impact at December 31&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2022-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">56.6</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2021-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27.9</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:LiabilityAssetOfDefinedBenefitPlans" contextRef="AsOf2020-12-31_ifrs-full_EffectOfAssetCeilingMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">33.6</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A4_zuqG6iaWct4b" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The income/(expense) recognized in the income statement
with regard to defined benefit plans is detailed as follows:&#9;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_893_ecustom--DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock_pn5n6_zL6G68Li0EL3" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Plans Recognized in the Income Statement (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zEQbKzxBbI6c" style="display: none">Schedule of defined benefit plans recognized in the income statement</span></td>
    <td id="xdx_498_20220101__20221231_zqzO2ZpiDRib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20210101__20211231_zPsS7OyWHvI7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zzdkyYPaX0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_iN_di_zsl7C75u93Si" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Current service costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">47.0</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58.0</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">51.4</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_409_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_i_pn6n6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AdiministrativeCostsNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.2</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AdiministrativeCostsNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.8</ix:nonFraction>)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:AdiministrativeCostsNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.2</ix:nonFraction>)</span></td></tr>
  <tr id="xdx_406_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_iN_di_zL9Pww8bFQFd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">(Gains) losses on settlement and curtailment</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2.2</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.2</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">42.6</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_iN_di_z2BenoQG7cG9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Income from operations</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50.0</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">62.6</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14.0</ix:nonFraction>)</b></span></td></tr>
  <tr id="xdx_407_ecustom--DefinedBenefitPlansRecognizedFinancialCosts_iN_di_zkdnxkwnxzta" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial costs</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitPlansRecognizedFinancialCosts" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">107.8</ix:nonFraction>)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:DefinedBenefitPlansRecognizedFinancialCosts" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">115.6</ix:nonFraction>)</span></td>
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  <tr id="xdx_409_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_iN_di_zOf1BSXbn3H2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total employee benefit expenses</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">157.8</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">178.2</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">131.2</ix:nonFraction>)</b></span></td></tr>
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</ix:nonNumeric><p id="xdx_8AD_zY1ZHVeCvOA2" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 259 -->
    <div id="xdx_23D_z4ZHO1Xlb5Lj" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23C_zrQ6CDY8vmJ7" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23D_zmw0pLJsv2tj" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_239_zdnbMmmYTbS" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The employee benefit revenue/(expenses) is included
in the following line items in the income statement:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_899_ecustom--DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock_pn5n6_zomvaHoWv6fl" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Employee Benefit Revenue/(Expenses) Allocation (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_zAvqxLlgVxh1" style="display: none">Schedule of employee benefit revenue</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other operating income/(expenses), net</span></td>
    <td id="xdx_986_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zm0o0wOkRJqk" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2022-01-012022-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.1</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zJjpW2ew4LX4" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.2</ix:nonFraction>)</span></td>
    <td id="xdx_980_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_d0_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zSXhFSz8IPp4" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_z3dB3jfPZDVk" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2022-01-012022-12-31_custom_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">26.4</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zaPRNQcVhIf5" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31_custom_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">33.0</ix:nonFraction>)</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zStgTv5g5qz5" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31_custom_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">28.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Sales and marketing expenses&#160;</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_z6M48n7AUg0j" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2022-01-012022-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">9.4</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zh5E1sasmsUf" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">11.7</ix:nonFraction>)</span></td>
    <td id="xdx_984_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zdzvR4tSD7W3" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">9.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative income/(expenses)</span></td>
    <td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zaTz7QXOOq27" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2022-01-012022-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">14.1</ix:nonFraction>)</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zS9a7OUfjGJ7" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">17.7</ix:nonFraction>)</span></td>
    <td id="xdx_985_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zWFtNIIUvKdh" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial expense</span></td>
    <td id="xdx_98D_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z9zaqb7eNGB6" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2022-01-012022-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">107.8</ix:nonFraction>)</span></td>
    <td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_zJeBmJxE1Fej" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">115.6</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z88Nc4V2zMk" title="employee benefit revenue/(expenses)" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31_custom_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">117.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231_zpLGGaKzhsa4" title="employee benefit revenue/(expenses)" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">157.8</ix:nonFraction>)</b></span></td>
    <td id="xdx_98A_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231_zrgpP4sOWpwf" title="employee benefit revenue/(expenses)" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">178.2</ix:nonFraction>)</b></span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231_zv7QYYgNurnc" title="employee benefit revenue/(expenses)" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="abev:PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">131.2</ix:nonFraction>)</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AD_zZemsEy2LPif" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The assumptions used in the calculation of the obligations are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfActuarialAssumptionsOfTheEntityTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89E_ecustom--DisclosureOfActuarialAssumptionsOfTheEntityTextBlock_pn5n6_z2WnvOm0FeL6" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Actuarial Assumptions (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zkBIPNYFMuc4" style="display: none">Schedule of assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup></sup></span>&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup></sup></span>&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup></sup></span>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2022&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2021&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2020&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Discount
rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_znLsC10Ycvae" title="Discount rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember" id="Fact005331" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5.1</ix:nonFraction></span>% to <span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYjkzA2STYJl" title="Discount rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember" id="Fact005333" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">11.0</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zPttK2TB21d2" title="Discount rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember" id="Fact005335" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.9</ix:nonFraction></span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zuKhA3NlWNj8" title="Discount rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember" id="Fact005337" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.0</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zXZVmd2savNd" title="Discount rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember" id="Fact005339" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.4</ix:nonFraction></span>% to <span id="xdx_903_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJVoPvXrEY7b" title="Discount rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfDiscountRates" contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember" id="Fact005341" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.0</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inflation</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_902_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zHVahw7I1vIf" title="Inflation"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember" id="Fact005343" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.0</ix:nonFraction></span>% to <span id="xdx_90A_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJXLQysOsWwb" title="Inflation"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember" id="Fact005345" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.5</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90D_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfpBEdQL4naf" title="Inflation"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember" id="Fact005347" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.0</ix:nonFraction></span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_z5UpDx4DWizd" title="Inflation"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember" id="Fact005349" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.5</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZOkcOILdeN1" title="Inflation"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember" id="Fact005351" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.0</ix:nonFraction></span>% to <span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zrGXFtQ9AwX9" title="Inflation"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation" contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember" id="Fact005353" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.5</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Future salary increases&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zj5PyFkhvpEj" title="Future salary increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember" id="Fact005355" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">1.0</ix:nonFraction></span>% to <span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zDLqFlMRTBuc" title="Future salary increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember" id="Fact005357" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7.1</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zYsLFOTXTGF1" title="Future salary increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember" id="Fact005359" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">1.0</ix:nonFraction></span>% to <span id="xdx_90B_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zZIOXTRstIGh" title="Future salary increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember" id="Fact005361" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7.1</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_ztQirYmdNkce" title="Future salary increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember" id="Fact005363" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">1.0</ix:nonFraction></span>% to <span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAVowhAD68z7" title="Future salary increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember" id="Fact005365" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7.1</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Future pension increases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFchon2H1SRj" title="Future pension increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember" id="Fact005367" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.7</ix:nonFraction></span>% to <span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zjAIFd5ZSjAc" title="Future pension increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember" id="Fact005369" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.8</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZ8LC7pGXuuk" title="Future pension increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember" id="Fact005371" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.5</ix:nonFraction></span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAdVvDA2FNHh" title="Future pension increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember" id="Fact005373" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.8</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zsvR6pqmQ9Bl" title="Future pension increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember" id="Fact005375" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.0</ix:nonFraction></span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zi4PwQeve5Ue" title="Future pension increases"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases" contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember" id="Fact005377" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.8</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Medical cost trend rate&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zrR37njv7kh6" title="Medical cost trend rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember" id="Fact005379" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6.4</ix:nonFraction></span>% to <span id="xdx_906_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zT6hm63S7TVe" title="Medical cost trend rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember" id="Fact005381" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7.1</ix:nonFraction></span>% p.a. reducing to 7.1%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfmo3Xdg5RCj" title="Medical cost trend rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember" id="Fact005383" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">4.2</ix:nonFraction></span>% to <span id="xdx_907_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYKbkt6WGOJc" title="Medical cost trend rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember" id="Fact005385" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6.9</ix:nonFraction></span>% p.a. reducing to 6.9%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_901_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFkl4KFdNNm5" title="Medical cost trend rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember" id="Fact005387" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">4.5</ix:nonFraction></span>% to <span id="xdx_905_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zaDN8M5V7i5l" title="Medical cost trend rate"><ix:nonFraction name="ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates" contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember" id="Fact005389" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6.9</ix:nonFraction></span>% p.a. reducing to 6.9%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dental claims trend rate&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkz6MlRmysni" title="Dental claims trend rate"><ix:nonFraction name="abev:ActuarialAssumptionOfDentalClaimsCostTrendRates" contextRef="AsOf2022-12-31_srt_WeightedAverageMember" id="Fact005391" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.5</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90D_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zKZeBa2nTNpf" title="Dental claims trend rate"><ix:nonFraction name="abev:ActuarialAssumptionOfDentalClaimsCostTrendRates" contextRef="AsOf2021-12-31_srt_WeightedAverageMember" id="Fact005393" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.3</ix:nonFraction></span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkGXmtgN9U42" title="Dental claims trend rate"><ix:nonFraction name="abev:ActuarialAssumptionOfDentalClaimsCostTrendRates" contextRef="AsOf2020-12-31_srt_WeightedAverageMember" id="Fact005395" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">3.3</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Life expectancy for an over 65 years old female</span></td>
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  </table>
<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zpaVyfqHPDRi" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F12_zlUXyBDDTtd8" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote005420" xml:lang="en-US">Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AA_z1uaU6e6T6Sf" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Through its defined benefit pension plans and post-employment
medical plans, the Company is exposed to a number of risks, the most significant of which are detailed below:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Asset volatility</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The plan liabilities are calculated using a discount
rate pegged to high-quality private securities; if plan assets underperform this yield, the Company&#8217;s net defined benefit obligation
may increase. Most of the Company&#8217;s funded plans hold a significant proportion of equities, which are expected to outperform corporate
bonds in the long-term while providing volatility and risk in the short-term. As the plans mature, the Company usually reduces the level
of investment risk by investing more in assets that better match the liabilities.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Changes in bond yields</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A decrease in corporate bond yields will increase plan
liabilities, although this will be partially offset by an increase in the value of the plans&#8217; bond holdings.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Inflation risk</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Some of the Company&#8217;s pension obligations are linked
to inflation, and higher inflation will lead to higher liabilities. The majority of the plan&#8217;s assets are either unaffected by or
only</p>


<ix:exclude><!-- Field: Page; Sequence: 260 -->
    <div id="xdx_230_za2YVEVRdtsi" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_230_zNMA3ipBSSre" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_ztvHEsDh7Z1j" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23B_zdfZxPZk12Bi" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">loosely correlated with inflation, meaning that an increase
in inflation could potentially increase the Company&#8217;s net benefit obligation.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Life expectancy</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Most of the plans&#8217; obligations are to provide benefits
for the life of the member, so increases in life expectancy will result in an increase in the plans&#8217; liabilities.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Investment strategy</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In the case of funded plans, the Company ensures that
the investment positions are managed within an asset-liability matching (&#8220;ALM&#8221;) framework to ensure long-term investments
that are in line with the Company&#8217;s obligations under the pension schemes. Within this framework, the Company&#8217;s ALM objective
is to match the assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit
payments as they fall due and in the appropriate currency.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The sensitivity of the defined benefit obligation to
changes in the weighted principal assumptions is as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89E_eifrs-full--DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn5n6_zcDB6wI8JAj6" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Weighted Principal Assumptions (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zAsAbpf5vTm7" style="display: none">Schedule of weighted principal assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>In millions of Brazilian Reais</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2022</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2021</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Change in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Medical cost trend rate</span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">100 bases points&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zzLvZ0UUqHih" title="Increase in assumption" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" contextRef="AsOf2022-12-31_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">94.3</ix:nonFraction>)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z98ckDvycHCh" title="Decrease in assumption" style="white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="AsOf2022-12-31_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">81.8</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_ztLmGQVhZcjc" title="Increase in assumption" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" contextRef="AsOf2021-12-31_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">114.7</ix:nonFraction>)</span></td>
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    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">50 bases points&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zgYhNPH9Nhy1" title="Decrease in assumption" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" contextRef="AsOf2021-12-31_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">18.6</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  </table>
</ix:nonNumeric><p id="xdx_8A3_zenyBETUSjp6" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The data presented in these tables are purely hypothetical
and are based on changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein always
affect the other assumptions at the same time and their effects are not linear. Therefore, the above information is not necessarily a
reasonable representation of future results.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The plans assets at December 31, 2022, 2021 and
2020 consisted of the following:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfPlanAssetsComponentsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_891_ecustom--DisclosureOfPlanAssetsComponentsTextBlock_pn5n6_zr7Nb0ezELHi" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets Components (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B9_zLWqwLi2ENBa" style="display: none">Schedule of plans assets</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 32%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Government bonds</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zCiPYGdEiQkk" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">43</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zovFIna72BZf" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90E_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z8CjwOCgX9ua" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">43</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z6amjBDMK7W7" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">43</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zf0O1vY7Vrsi" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zzhFpaQ4qlj7" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">43</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zuraWaVZVFQh" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">52</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90E_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zUsQNPo0vSQ5" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zZ16b1cREC6l" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsGovernmentBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">52</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Corporate bonds</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zHAm2zUOcLU8" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zGj6PtRkoNa5" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zIDrNohR6V7b" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zuNodzTBji9f" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90B_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zPWpcBKpHWX6" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zda8rvNxJeHj" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zbNlZiivK3S1" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90F_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zYJy05b6k3ic" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zMXeOsM0u90f" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsCorporateBondsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6</ix:nonFraction></span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Equity instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_900_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zAhd8NLN3wA" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsEquityInstrumentsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zd8DlIifXDR" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsEquityInstrumentsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zP7yISvwocM5" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsEquityInstrumentsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90F_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zOATeyFbfdnh" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsEquityInstrumentsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_902_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zIcxRpb9G0hj" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsEquityInstrumentsMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_ztdrHM2Lnn5b" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsEquityInstrumentsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zORBJwOIvOK3" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsCashMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6</ix:nonFraction></span>%</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zQlZELf3pULi" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsCashMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">1</ix:nonFraction></span>%</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Others</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_908_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zy70qU2XfQy3" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsOthersMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zZjSPEFtawt9" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2022-12-31_custom_PlanAssetsOthersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">26</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zd7fAITRts97" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsOthersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">26</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90A_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zApbal4C5HJg" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsOthersMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zkuagjo5SDO2" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2021-12-31_custom_PlanAssetsOthersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">26</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_906_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zpTSRhHYpj5f" title="Plan assets percentage, rated"><ix:nonFraction name="abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsOthersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">35</ix:nonFraction></span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zHZq9dMhguNe" title="Plan assets percentage, unrated"><ix:nonFraction name="abev:UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsOthersMember" format="ixt:zerodash" decimals="INF" scale="-2" sign="-" unitRef="Pure">-</ix:nonFraction></span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_z9ku1LIO5kKf" title="Plan assets percentage"><ix:nonFraction name="abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage" contextRef="AsOf2020-12-31_custom_PlanAssetsOthersMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">35</ix:nonFraction></span>%</span></td></tr>
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</ix:nonNumeric><p id="xdx_8A1_zxzh8UL2hEq" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The overall expected rate of return is calculated by
weighting the individual rates in accordance with Ambev&#8217;s expected share of the total investment portfolio.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 261 -->
    <div id="xdx_23C_zAqQY5OpglG2" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_230_ztciQzpwFDp4" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_232_zw3kMJybfhk4" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23F_zY78RLQbMuQ9" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt Times New Roman,serif; margin: 0">Ambev expects to contribute approximately R$<span id="xdx_90A_eifrs-full--EstimateOfContributionsExpectedToBePaidToPlan_pn5n6_c20220101__20221231_zBAOZNLb8AU5" title="Estimate OfContributions Expected To Be Paid To Plan"><ix:nonFraction name="ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">309.7</ix:nonFraction></span> to its defined benefit plans
in 2023.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory"><p id="xdx_804_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zVKkovV54mDb" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>25.</b></span><b></b></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_030"></span><span id="xdx_823_zHcLjbHV7yf">SHARE-BASED PAYMENTS</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Currently the Company has two plans for share-based
payment programs: (i) the Stock Option Plan, approved in Extraordinary General Meeting of July 30, 2013 (&#8220;Stock Option Plan&#8221;)
and (ii) the Share-based Payment Plan approved in Extraordinary General Meeting of April 29, 2016, as amended in Extraordinary General
Meeting of April 24, 2020 (&#8220;Share-Based Plan&#8221;). In each plan different restricted stock options and share-based payment programs
are issued periodically which allow the employees and senior management of the Company and its subsidiaries to acquire, through the exercise
of stock options, or receive shares of the Company.</p>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="color: black"></span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(i) Stock Option Plan</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There are three models of stock options that may be granted
under the Stock Option Plan.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the first model, beneficiaries, in accordance
with their internal category, could choose between allocating (a) <span id="xdx_905_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionOne_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zB8b8rN5OiE6" title="Profit allocation, share-based payments, allocation option one"><ix:nonFraction name="abev:ProfitAllocationSharebasedPaymentsAllocationOptionOne" contextRef="From2022-01-012022-12-31_custom_GrantOneMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">30</ix:nonFraction>%</span>
or 100%, (b)&#160;<span id="xdx_900_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionTwo_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zR4PkqYTf4ug" title="Profit allocation, share-based payments, allocation option two"><ix:nonFraction name="abev:ProfitAllocationSharebasedPaymentsAllocationOptionTwo" contextRef="From2022-01-012022-12-31_custom_GrantOneMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">40</ix:nonFraction>%</span>
or 100%, and (c) <span id="xdx_90A_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionThree_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_z0IKb4erLo31" title="Profit allocation, share-based payments, allocation option three"><ix:nonFraction name="abev:ProfitAllocationSharebasedPaymentsAllocationOptionThree" contextRef="From2022-01-012022-12-31_custom_GrantOneMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">60</ix:nonFraction>%</span>
or <span id="xdx_90B_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionFour_pp0d_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zHCLi4ebumr5" title="Profit allocation, share-based payments, allocation option four"><ix:nonFraction name="abev:ProfitAllocationSharebasedPaymentsAllocationOptionFour" contextRef="From2022-01-012022-12-31_custom_GrantOneMember" format="ixt:numdotdecimal" decimals="0" scale="-2" unitRef="Pure">100</ix:nonFraction>%</span>
of the amounts received by them as profit-sharing regarding the immediate year to the exercise of stock options, thereby allowing
them to acquire the corresponding amount of Ambev shares. Under this model, a substantial part of the shares acquired is to be
delivered only within five years from the corresponding stock option grant date. During such <span id="xdx_905_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zaW3hld7kt2l" title="Option life, share options granted" style="display: none"><ix:nonFraction name="ifrs-full:DescriptionOfOptionLifeShareOptionsGranted" contextRef="From2022-01-012022-12-31_custom_GrantOneMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="Pure">5</ix:nonFraction></span> five-year period, the beneficiary
must remain employed at Ambev or in any other company of its group.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the second model, the beneficiary may
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options granted under the second model is not subject to the company&#8217;s performance measures; however, the right to exercise
such options may be forfeited in certain circumstances, including the beneficiary&#8217;s resignation or dismissal prior to the
stock options&#8217; vesting.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the third model, the beneficiaries, in accordance
with their internal category, may choose between allocating (a) <span id="xdx_907_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionOne_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_zBELrCy1N5d3"><ix:nonFraction name="abev:ProfitAllocationSharebasedPaymentsAllocationOptionOne" contextRef="From2022-01-012022-12-31_custom_GrantThreeMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">20</ix:nonFraction>%
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of the amounts received by them as profit-sharing regarding the immediate year, to the exercise of stock options, acquisition of the
corresponding amount of Ambev shares. The totality of the shares acquired is to be delivered to the beneficiary within forty-five days
from the corresponding stock option exercising date (which shall not be later than forty-five days from the stock option grant date).
The beneficiaries of this third model are under a five-year lock-up period.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For all stock option programs, the fair value of
the shares is estimated as at the option grant date, using the &#8220;Hull Binomial&#8221; pricing model, adjusted to reflect the
IFRS 2 - <i>Share-based Payment</i> requirement that assumptions regarding forfeiture before the end of the vesting period cannot
impact the fair value of the option. The fair value of the share options is estimated at the grant date, using an option pricing
model. Based on the expected number of options that will be</p>


<ix:exclude><!-- Field: Page; Sequence: 262 -->
    <div id="xdx_23E_zDJN8GCGQWEa" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23F_ztMClSKBBfJ6" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_zThTDIaAUlm7" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_235_zLATFUAn4YZ7" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">exercised, the fair value of the options granted is recognized
as an expense over the vesting period with a corresponding credit to equity. When the options are exercised, the equity is increased by
the amount of the proceeds received.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(ii) Share-Based Plan</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In this plan, certain employees and members of the Management
of the Company or its subsidiaries are eligible to receive shares in the Company including in the form of ADRs. The shares that are subject
to the Share-Based Plan are designated as &#34;restricted shares&#34; (RSUs) or &#8220;performance shares&#8221; (PSUs).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The delivery of restricted shares and performance shares
are made free, and the waiting period may vary between three and five years from the corresponding share-based plan stock grant date,
during which the beneficiary must remain employed at Ambev or any other company of its group.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The restricted shares and performance shares give to
participates the right to receive additional shares with the same conditions, such as compensation dividends and Interest on shareholder&#180;s
equity declared and paid by the Company during the waiting period. The right to receive restricted, performance and additional shares,
can be fully or partially lost depending on circumstances, including cases of resignation or resignation during the grace period.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the Share-Based Plan, the reference price per restricted
share is defined on the stock-grant date based on the share price of the trading session on B3 S.A. immediately prior to the granting
of the shares, except for the performance shares, which the fair value is defined at the grant date based on &#8220;Monte Carlo&#8221;
pricing method. After defining the reference price, based on number of grant shares, the calculated amount is recorded as expense against
equity. The shares are transferred to attendees according to the terms and periods by the respective programs.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The weighted average fair value of the options and assumptions
used to apply the Company&#8217;s option pricing model for 2022, 2021 and 2020 was as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_898_eifrs-full--DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory_pn5n6_zTdqHFhvauV9" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Fair Value (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zMrRpyBbl5p6" style="display: none">Schedule of weighted average fair value of the options and assumptions</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
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    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td>
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  <tr style="vertical-align: bottom">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Fair value of options granted</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare_pid_uBRLPerShare_c20200101__20201231_zOs6R6M6RL09" title="Fair value of options granted" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" unitRef="BRLPerShare">4.04</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Share price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare_pid_uBRLPerShare_c20200101__20201231_zVgXpjGZ5tQ3" title="Share price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" unitRef="BRLPerShare">18.05</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exercise price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--ExercisePriceShareOptionsGrantedExercisePricePerShare_pid_uBRLPerShare_c20200101__20201231_zMigmZ6TsAg3" title="Exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:ExercisePriceShareOptionsGrantedExercisePricePerShare" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" unitRef="BRLPerShare">18.05</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected volatility</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Vesting year</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected dividends</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_dp_uPure_c20200101__20201231_zTdy4SesgqH5" title="Expected dividends" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:ExpectedDividendAsPercentageShareOptionsGranted" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Risk-free interest rate&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--DescriptionOfRiskFreeInterestRateShareOptionsGranted_pid_dp_c20200101__20201231_zews7wu8Hehf" title="Risk-free interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:DescriptionOfRiskFreeInterestRateShareOptionsGranted" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">6.8</ix:nonFraction>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9.5pt"><sup id="xdx_F5D_zbW6td78Xar5">(ii)</sup></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zm98KWb0tLW8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_z7PhubPBPPfe" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote005601" xml:lang="en-US">Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate.</ix:footnote></td></tr>
</table>


<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zSRh7sWEwVK3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F1D_zEAXR935in5i" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote005602" xml:lang="en-US">The percentages include the grants of stock options and ADRs during the period, with the risk-free interest rate of ADRs calculated in
U.S. Dollar.</ix:footnote></td></tr>
</table>

</ix:nonNumeric><p id="xdx_8A6_zQuC1gox6e73" style="margin-top: 0; margin-bottom: 0">&#160;</p>



<ix:exclude><!-- Field: Page; Sequence: 263 -->
    <div id="xdx_23F_zzXVFhY5Rf38" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_231_zG2F5nQWuc74" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_231_zZTBJb6lrUBa" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23C_z28PgCgmM3Oa" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The total number of outstanding options developed
was as follows:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheNumberOfOutstandingOptionsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_894_ecustom--DisclosureOfTheNumberOfOutstandingOptionsTextBlock_pn3n3_zVMcENboaJY7" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Outstanding Options (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zap69Oasfpka" style="display: none">Schedule of number of outstanding options developed</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand options</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Options outstanding at January</b></span></td>
    <td id="xdx_98D_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20220101__20221231_zMqa4GGSn16b" title="Options outstanding at January 1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOutstandingShareOptions1" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">113,760</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20210101__20211231_z0jvHNPtQK3i" title="Options outstanding at January 1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOutstandingShareOptions1" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">127,265</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20200101__20201231_zIQbkWCB02X4" title="Options outstanding at January 1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOutstandingShareOptions1" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">141,736</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options issued during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zAoy48r8rrYe" title="Options issued during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">22</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercised during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_z6Flw6nTQAYl" title="Options exercised during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="abev:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Shares">5,247</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zNMkFp70ywVk" title="Options exercised during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="abev:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Shares">5,730</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options forfeited during the period</span></td>
    <td id="xdx_98C_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20220101__20221231_z91YaR2UAuGg" title="Options forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Shares">14,043</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_zJQwsCKXHBQe" title="Options forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Shares">8,258</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20200101__20201231_zbg1kK20QR3a" title="Options forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Shares">8,763</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Options outstanding at the end of the year</b></span></td>
    <td id="xdx_984_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20220101__20221231_zj4kfm6JSv5d" title="Options outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOutstandingShareOptions1" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">99,717</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20210101__20211231_zspc0Hx4x8ne" title="Options outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOutstandingShareOptions1" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">113,760</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20200101__20201231_zoPe7FTJhcm8" title="Options outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOutstandingShareOptions1" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">127,265</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A6_z6XhkUuNq9l3" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-indent: 20pt; text-align: justify">The range of exercise prices of the outstanding options
was from R$<span id="xdx_906_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3YiOLN0we32" title="Exercise prices of the outstanding options"><ix:nonFraction name="abev:ExercisePricesOfTheOutstandingOptions" contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">15.95</ix:nonFraction></span> (R$<span id="xdx_901_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zNkMH4I3QVC7" title="Exercise prices of the outstanding options"><ix:nonFraction name="abev:ExercisePricesOfTheOutstandingOptions" contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">15.95</ix:nonFraction></span> in 2021 and R$<span id="xdx_909_ecustom--ExercisePricesOfTheOutstandingOptions_i03I_pip0_uBRLPerShare_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zaoKxkE0Qhlj" title="Exercise prices of the outstanding options"><ix:nonFraction name="abev:ExercisePricesOfTheOutstandingOptions" contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">11.972</ix:nonFraction></span> in 2020) to R$<span id="xdx_909_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zVho6VCdBZs5" title="Exercise prices of the outstanding options"><ix:nonFraction name="abev:ExercisePricesOfTheOutstandingOptions" contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">39.04</ix:nonFraction></span> (R$<span id="xdx_905_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zTNi7hXX4Pyd" title="Exercise prices of the outstanding options"><ix:nonFraction name="abev:ExercisePricesOfTheOutstandingOptions" contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">45.97</ix:nonFraction></span> in 2021 and R$<span id="xdx_90F_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zkUa7OpVYhd4" title="Exercise prices of the outstanding options"><ix:nonFraction name="abev:ExercisePricesOfTheOutstandingOptions" contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">43.95</ix:nonFraction></span> in 2020) and the weighted average remaining
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Of the <span id="xdx_904_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20221231_zZsGbpUAcRTa" title="Number of share options outstanding in share-based payment arrangement at end of period"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">99,717</ix:nonFraction></span> thousand outstanding options (<span id="xdx_904_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20211231_zaHfzXZ1DGKi" title="Number of share options outstanding in share-based payment arrangement at end of period"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">113,760</ix:nonFraction></span> thousand
in 2021 and <span id="xdx_90F_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20201231_zakCPlD58zvg" title="Number of share options outstanding in share-based payment arrangement at end of period"><ix:nonFraction name="ifrs-full:NumberOfOutstandingShareOptions" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">127,265</ix:nonFraction></span> thousand in 2020), <span id="xdx_904_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20220101__20221231_zDlq3vRsfRYk" title="Number of share options vested in share-based payment arrangement"><ix:nonFraction name="abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">63,850</ix:nonFraction></span> thousand options were vested in 2022 (<span id="xdx_90E_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20210101__20211231_zUmQz0wIH58h" title="Number of share options vested in share-based payment arrangement"><ix:nonFraction name="abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">59,250</ix:nonFraction></span> thousand in 2021 and <span id="xdx_908_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20200101__20201231_z50FIiFpm8v3" title="Number of share options vested in share-based payment arrangement"><ix:nonFraction name="abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">36,459</ix:nonFraction></span> thousand in 2020).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">The weighted average exercise price of the options was as follows:</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_891_ecustom--DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock_pn5n6_ztMchxfYvuP2" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Exercise Price of Options (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_z8pzB2fvnS61" style="display: none">Schedule of weighted average exercise price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>In R$ per share</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options outstanding at January 1</span></td>
    <td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20220101__20221231_z4ybJBQNmIk3" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">19.92</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pid_uBRLPerShare_c20210101__20211231_zaJQAGiNut9k" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="INF" unitRef="BRLPerShare">19.81</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20200101__20201231_z6Yn2pCyJtM9" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="AsOf2019-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">18.53</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options issued during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zzYaZxVN2jak" title="Options issued during the period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">18.05</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options forfeited during the period</span></td>
    <td id="xdx_98A_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20220101__20221231_zDkP7HeDt5q" title="Options forfeited during the period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">22.60</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_z9hzaKC1fLF" title="Options forfeited during the period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">25.27</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zEljCbt29W72" title="Options forfeited during the period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">22.96</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercised during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_ze8AXkwhCke1" title="Options exercised during the period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">13.16</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zObP7AoLDd61" title="Options exercised during the period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">8.30</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options outstanding at the end of the period</span></td>
    <td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20220101__20221231_zM1H8QHOVffj" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">19.39</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20210101__20211231_zxQMyal0TIUh" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">19.92</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pid_uBRLPerShare_c20200101__20201231_znZoZ7DnMVC1" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="INF" unitRef="BRLPerShare">19.81</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercisable at the end of the period</span></td>
    <td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20221231_zyIsC27zbpB4" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">20.12</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20211231_zYdVVxoshP9a" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">21.14</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20201231_zS1vczaNLugj" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" contextRef="AsOf2020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">23.70</ix:nonFraction>&#160;</span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A9_z8iS5zkc3qig" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There were no options exercised during the year ended December 31, 2022, (for options exercised in the year ended December
31, 2021, the weighted average share price on the exercise date was R<span id="xdx_902_eifrs-full--WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_pip0_c20210101__20211231_zFLFOa4GElT2">$<ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">17.87</ix:nonFraction></span> and on December 31, 2020 was R<span id="xdx_907_eifrs-full--WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_pip0_c20200101__20201231_zleuntjRIAf7">$<ix:nonFraction name="ifrs-full:WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="INF" scale="0" unitRef="BRLPerShare">15.23</ix:nonFraction></span>).</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">To settle the exercised stock options, the Company
may use treasury shares. The current limit on the authorized capital is considered sufficient to meet the Company&#8217;s obligations
under all stock option plans if the issue of new shares is required to meet the grants awarded under the Programs.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">During the period, the Company granted <span id="xdx_903_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zqMpLvtXflN2"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">44</ix:nonFraction>
</span>thousand deferred shares under the stock option plan which are valued based on the share market price prior to the grant, which
represents a fair value of R<span id="xdx_901_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zVvFT0tDC397">$<ix:nonFraction name="abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.6</ix:nonFraction>
</span>(at December 31, 2021, <span id="xdx_90C_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z329hOtT7E6h"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">110</ix:nonFraction>
</span>thousand deferred shares had been granted, which are valued based on the share market price prior to the grant, which represented
a fair value of R<span id="xdx_902_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zc0pmFNWxMa">$<ix:nonFraction name="abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.7</ix:nonFraction>
</span>and at December 31, 2020, <span id="xdx_90A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zSFu1bUXgo76"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">153</ix:nonFraction>
</span>thousand deferred shares had been granted, which are valued based on the share market price prior to the grant, which represented
a fair value of R<span id="xdx_90F_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zJ05Eajh1oI5">$<ix:nonFraction name="abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2.4</ix:nonFraction></span>.
Such deferred shares are subject to a vesting period of five years from the grant date.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">During the period, the Company granted <span id="xdx_908_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zST4YIQ4EpHh" title="Number of other new equity instruments introduced in share-based payment arrangement"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">49,328</ix:nonFraction></span>
thousand (<span id="xdx_90E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zTGJqd2P6mP1" title="Number of other new equity instruments introduced in share-based payment arrangement"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">20,629</ix:nonFraction></span> thousand in 2021 and <span id="xdx_90E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zNOkF80zjOD5" title="Number of other new equity instruments introduced in share-based payment arrangement"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">21,066</ix:nonFraction></span> thousand in 2020) restricted shares and performance shares under the Share-Based Plan, which
are valued based on the parameters referenced above, representing a fair value of approximately R<span id="xdx_908_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zB0Ib4VJhy38" title="Fair value of other equity instruments granted in share-based payment arrangement">$<ix:nonFraction name="abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_RestrictedSharesUnderTheSharebasedPlanMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">766.6</ix:nonFraction></span> in 2022 (R<span id="xdx_90A_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zPARgfwQeSJk" title="Fair value of other equity instruments granted in share-based payment arrangement">$<ix:nonFraction name="abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_RestrictedSharesUnderTheSharebasedPlanMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">325.7</ix:nonFraction></span> in 2021 and
R<span id="xdx_905_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zM9slb4C1cSj" title="Fair value of other equity instruments granted in share-based payment arrangement">$<ix:nonFraction name="abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_RestrictedSharesUnderTheSharebasedPlanMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">315.4</ix:nonFraction></span> in 2020).</p>



<ix:exclude><!-- Field: Page; Sequence: 264 -->
    <div id="xdx_236_zB4sZacbzGql" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23E_zBGOKp9MVLYc" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_230_zcLgDzSzZMMl" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_zRIQttHsfYYk" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The total number of shares purchased by or granted to
employees, as the case may be, under the Stock Option Plan and&#160;Share-Based Plan, which will be delivered in the future based on
the fulfilment of certain conditions (deferred stock, restricted and performance shares), is as set out below:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>Deferred shares</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89B_eifrs-full--DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_pn3n3_zC11LqeDiun" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Deferred Shares (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_zh3n8FC4NNWa" style="display: none">Schedule of deferred shares</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand deferred shares</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Deferred shares outstanding at January</b></span></td>
    <td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z5oFaaGK8qQc" title="Deferred shares outstanding at January" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2021-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">1,168</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zH9YosXndxgh" title="Deferred shares outstanding at January" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2020-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">6,065</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zhW8E1kqVygl" title="Deferred shares outstanding at January" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2019-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">7,926</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New deferred shares during the period</span></td>
    <td id="xdx_983_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zznmlTvHNUsg" title="New shares during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">44</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zUvmVuCb5u5g" title="New shares during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">110</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zWAgzsAqPnB5" title="New shares during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">153</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred shares granted during the period</span></td>
    <td id="xdx_988_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_ziVWQAd1jW96" title="Shares granted during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">214</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z1i3KUbnvv95" title="Shares granted during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">4,964</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zOCHHcZHI2e1" title="Shares granted during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">1,901</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred shares forfeited during the period</span></td>
    <td id="xdx_988_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zIzMXB1aD1K2" title="Shares forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">109</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zD43eSOrjlz9" title="Shares forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">43</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zn4wFlrF4cB6" title="Shares forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">113</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Deferred shares outstanding at the end of the year</b></span></td>
    <td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zHUyQT5pffE6" title="Deferred shares outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2022-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">889</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z2C3x7fFLHAk" title="Deferred shares outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2021-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">1,168</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zXHNqQotxpxe" title="Deferred shares outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2020-12-31_custom_DeferredStockUnitsOfGrantOneMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">6,065</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>Restricted and performance shares</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand restricted shares</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Restricted shares outstanding at January</b></span></td>
    <td id="xdx_985_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zaYdeQZPhzt6" title="Deferred shares outstanding at January" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2021-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">62,545</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zLYpKDzwsUog" title="Deferred shares outstanding at January" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2020-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">43,458</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zXLOU41a0y78" title="Deferred shares outstanding at January" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2019-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">23,836</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New restricted shares during the period</span></td>
    <td id="xdx_984_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zwExP5LOfkjk" title="New shares during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">49,328</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z2fFBbMNRwL8" title="New shares during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">20,629</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zv5BJ2K4V2w9" title="New shares during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Pure">21,066</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Restricted shares granted during the period</span></td>
    <td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zSETyIpqwbg1" title="Shares granted during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">12</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z6yPcmUDX1Yl" title="Shares granted during the period" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted" contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">22</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Restricted shares forfeited during the period</span></td>
    <td id="xdx_98C_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zvfyvGamVOEh" title="Shares forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">3,007</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zyAb5p2UmB4k" title="Shares forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">1,520</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zGSx9tgPcVEf" title="Shares forfeited during the period" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(<ix:nonFraction name="ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" contextRef="From2020-01-012020-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" sign="-" unitRef="Pure">1,444</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Restricted shares outstanding at the end of the year</b></span></td>
    <td id="xdx_980_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zmo7sL4FLcY9" title="Deferred shares outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2022-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">108,854</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zS3JhO2gfTF5" title="Deferred shares outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2021-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">62,545</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zEMBQ4FdySef" title="Deferred shares outstanding at the end of the year" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" contextRef="AsOf2020-12-31_custom_RestrictedSharesMember" format="ixt:numdotdecimal" decimals="-3" scale="3" unitRef="Shares">43,458</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A8_znK2aG6RxPqe" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><span style="font-size: 12pt">Additionally, certain
employees and managers of the Company received options to acquire AB InBev shares, the compensation costs of which are recognized in the
income statement against equity</span><span style="font-size: 11pt">.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 12pt 0 0; text-align: justify">The transactions with share-based payments described
above generated an expense of R<span id="xdx_90E_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20220101__20221231_zeQTWe0nABtf" title="Expense from share-based payment transactions with employees">$<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">311.6</ix:nonFraction></span> in 2022 (R<span id="xdx_908_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20210101__20211231_zhOyQi6BPfdc" title="Expense from share-based payment transactions with employees">$<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">391.5</ix:nonFraction></span> and R<span id="xdx_90F_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20200101__20201231_zBQiR1kMW1j8" title="Expense from share-based payment transactions with employees">$<ix:nonFraction name="ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees" contextRef="From2020-01-012020-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">223.1</ix:nonFraction></span> in 2021 and 2020, respectively), recorded as administrative expenses.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory"><p id="xdx_80C_eifrs-full--DisclosureOfTradeAndOtherPayablesExplanatory_zBgrcaxMblma" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>26.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_031"></span><span id="xdx_828_zdy0f7ip1Im1">TRADE PAYABLES</span></b></span></td></tr></table>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheComponentsOfTradePayablesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89A_ecustom--DisclosureOfTheComponentsOfTradePayablesTextBlock_pn5n6_z6eAm0sa2e84" summary="xdx: Disclosure - TRADE PAYABLES - Components of Trade Payables (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zhsuPspcQNL7" style="display: none">Schedule of trade payable</span></td>
    <td id="xdx_499_20221231_zN4z5l3rNhs2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_492_20211231_zwB1iAT8fOZ5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_408_eifrs-full--NoncurrentPayablesToTradeSuppliers_iI_pn5n6_zdwHK1FVTVij" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Trade payables</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentPayablesToTradeSuppliers" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">165.8</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:NoncurrentPayablesToTradeSuppliers" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">209.2</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--TradeAndOtherCurrentPayablesToRelatedParties_iI_pn5n6_zPWQmbNdwBsa" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Related parties (Note 31)</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_401_eifrs-full--NoncurrentPayablesToRelatedParties_iI_pn5n6_z3vbxxzgNYDf" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_409_eifrs-full--TradeAndOtherCurrentPayables_iTI_pn5n6_z5X4Ke6dfoYj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40E_eifrs-full--TradeAndOtherPayables_iTI_pn5n6_zpSti1dLQsUj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24,837.9</ix:nonFraction>&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:TradeAndOtherPayables" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,695.0</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A1_zuXcPTKRTAub" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes its third party and related party
vendor obligations in trade payables line. As mentioned in note 3 (u) &#8211; <i>Summary of significant accounting policies, Trade Payables</i>,
when relevant, vendor trade payables are adjusted at present value.</p>


<ix:exclude><!-- Field: Page; Sequence: 265 -->
    <div id="xdx_234_zEAtMbNUNSrb" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_235_zH3McU7xpvA7" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_232_zRoqnEJK8r99" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_238_z0mAVlKrR7j2" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Therefore, the present value adjustment recorded for trade
payables, at <span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">December 31, 2022 is R<span id="xdx_908_ecustom--NominalContractualAmountsIncludingInterest_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradePayableMember_zxnAjf8kXpF7" title="Nominal contractual amounts, including interest">$<ix:nonFraction name="abev:NominalContractualAmountsIncludingInterest" contextRef="AsOf2022-12-31_custom_TradePayableMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">367</ix:nonFraction></span> million (R<span id="xdx_902_ecustom--NominalContractualAmountsIncludingInterest_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradePayableMember_zo9YXs8rsNc9" title="Nominal contractual amounts, including interest">$<ix:nonFraction name="abev:NominalContractualAmountsIncludingInterest" contextRef="AsOf2021-12-31_custom_TradePayableMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">239</ix:nonFraction></span>
million at December 31, 2021).</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The controlled companies in Argentina, Chile, Paraguay
and Panama have transactions with discounted trade bills with endorsement (trade payables securitization) with vendors in the amount of
R$<span id="xdx_904_ecustom--TradeAndOtherPayables1_iI_pn5n6_c20221231_zcneobM3u0Hd" title="Trade payable"><ix:nonFraction name="abev:TradeAndOtherPayables1" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">219.3</ix:nonFraction></span> million at December 31, 2022 (R$<span id="xdx_900_ecustom--TradeAndOtherPayables1_iI_pn5n6_c20211231_zVghA1ZOGOlh" title="Trade payable"><ix:nonFraction name="abev:TradeAndOtherPayables1" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">370.0</ix:nonFraction></span> million at December 31, 2021). In general, the abovementioned discounted trade bills transactions
occur by legal impositions existing in these jurisdictions. These transactions maintain commercial characteristics since there are no
changes in previously established conditions and its vendor&#8217;s choice to carry out the anticipation of its trade receivables with
the Company.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfProvisionsExplanatory"><p id="xdx_805_eifrs-full--DisclosureOfProvisionsExplanatory_zsenLJFHZwj9" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>27.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_032"></span><span id="xdx_82B_z4TWYPENF7G2">PROVISIONS</span></b></span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 9pt 0pt 0pt"><b>(a) Provision changes </b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfOtherProvisionsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_899_eifrs-full--DisclosureOfOtherProvisionsExplanatory_pn5n6_zMfN0vjayeYg" summary="xdx: Disclosure - PROVISIONS - Changes in Provisions (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_z84DaxZRADf8"><span id="xdx_8B4_zL3tROFJ75gd" style="display: none">Schedule of provision changes</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2020</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Effect of changes in foreign exchange rates</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z1teOVTe343j" title="Balance" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Provisions" contextRef="AsOf2020-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">184.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zJRLdHtQjOqj" title="Effect of changes in foreign" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5817">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zKZygkqr8Lo1" title="Effect of changes in foreign" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2021-01-012021-12-31_ifrs-full_MiscellaneousOtherProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2.0</ix:nonFraction>&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zXK2vJVoHQqe" title="Effect of changes in foreign" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2021-01-012021-12-31_custom_TotalContingentProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1.0</ix:nonFraction>)</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
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    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zs4IVzHIrcJ4" title="Effect of changes in foreign" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2021-01-012021-12-31_ifrs-full_RestructuringProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zbwq74fGfv4l" title="Additions" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionalProvisionsOtherProvisions" contextRef="From2021-01-012021-12-31_ifrs-full_RestructuringProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.8</ix:nonFraction>&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231_zjea5B3BmZ2i" title="Effect of changes in foreign" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.2</ix:nonFraction>&#160;</b></span></td>
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  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zk7BrcLHdmJa" title="Effect of changes in foreign" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5901">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zH2pRft9xMnk" title="Additions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionalProvisionsOtherProvisions" contextRef="From2022-01-012022-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">157.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zt8iNjUrPf23" title="Provisions used" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="From2022-01-012022-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">85.8</ix:nonFraction>)</span></td>
    <td id="xdx_98F_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zIK6Kc3xKLAd" title="Provisions reversed" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ProvisionReversedOtherProvisions" contextRef="From2022-01-012022-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">43.3</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zERTcUTvgwN1" title="Balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Provisions" contextRef="AsOf2022-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">247.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
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    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z1XJhBy5UJBc" title="Effect of changes in foreign" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2022-01-012022-12-31_custom_ProvisionsForLaborMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4.6</ix:nonFraction>)</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zm3nTF3gE7h8" title="Additions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionalProvisionsOtherProvisions" contextRef="From2022-01-012022-12-31_custom_ProvisionsForLaborMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">194.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zgBl7pMBnfQl" title="Provisions used" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:ProvisionUsedOtherProvisions" contextRef="From2022-01-012022-12-31_custom_ProvisionsForLaborMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">162.0</ix:nonFraction>)</span></td>
    <td id="xdx_986_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zOUTjLFDfbX3" title="Provisions reversed" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ProvisionReversedOtherProvisions" contextRef="From2022-01-012022-12-31_custom_ProvisionsForLaborMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">19.7</ix:nonFraction>)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zuKWldIFg9Gk" title="Balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Provisions" contextRef="AsOf2022-12-31_custom_ProvisionsForLaborMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">132.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDji3vjPTCS7" title="Balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Provisions" contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">252.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zt33aeYx9Qo8" title="Effect of changes in foreign" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2022-01-012022-12-31_ifrs-full_LegalProceedingsProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">17.5</ix:nonFraction>)</span></td>
    <td id="xdx_985_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDXq4kUTLdX4" title="Additions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:AdditionalProvisionsOtherProvisions" contextRef="From2022-01-012022-12-31_ifrs-full_LegalProceedingsProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">312.7</ix:nonFraction>&#160;</span></td>
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    <td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zAReOJGsSB9h" title="Provisions reversed" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:ProvisionReversedOtherProvisions" contextRef="From2022-01-012022-12-31_ifrs-full_LegalProceedingsProvisionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">15.6</ix:nonFraction>)</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
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    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z2DJV6yvpag6" title="Effect of changes in foreign" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" contextRef="From2022-01-012022-12-31_ifrs-full_MiscellaneousOtherProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8.1</ix:nonFraction>)</span></td>
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    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zl92MXPro4ni" title="Balance" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Provisions" contextRef="AsOf2022-12-31_ifrs-full_MiscellaneousOtherProvisionsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td><span style="font-size: 12pt"><b>Expected settlement</b></span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_899_ecustom--DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock_pn5n6_z3VKcKJ7Q1t7" summary="xdx: Disclosure - PROVISIONS - Disbursement Expectative (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_z2mfOLGVyAxb" style="display: none">Schedule of expected settlement</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
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  <tr style="vertical-align: bottom">
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  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Provision for disputes and litigation</b></span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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</ix:nonNumeric><p id="xdx_8AE_zUMvzMQdw09e" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The expected settlement of provisions was based
on management&#8217;s best estimate at the balance sheet date.</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 18pt"><span style="font-size: 12pt"><b>(c)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Main lawsuits with a probable likelihood of loss:</b></span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(c.1) Sales taxes</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In Brazil, the Company and its subsidiaries are parties
to various administrative and judicial proceedings related to ICMS, IPI, PIS and COFINS taxes, considered as probable likelihood of loss.
Such proceedings include, among others, tax offsetting, appropriation of tax credits and alleged insufficient payment of the respective
taxes.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(c.2) Labor</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries are parties to labor
proceedings with former employees or former employees of service providers. The main issues involve overtime and related effects and respective
charges.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>(c.3) Civil</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries are involved in civil
lawsuits considered as representing a probable likelihood of loss. The most relevant portion of these lawsuits refers to former distributors,
mainly in Brazil, mostly claiming damages resulting from the termination of their contracts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The processes representing possible probabilities are disclosed
in Note 30 <i>- <span style="color: black">Contingencies</span></i>.</p>


<ix:exclude><!-- Field: Page; Sequence: 267 -->
    <div id="xdx_231_z5xYwBHLxBf5" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23D_zq8yqJSAbNb6" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_233_zeS62ZD2NA3l" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_238_z5azCQTmHNm8" style="text-align: center">&#160;</td></tr></table></div>
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<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>28.</b></span><b></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_033"></span><span id="xdx_82E_zu4uHX5PusUh">FINANCIAL INSTRUMENTS AND RISKS</span></b></span></td></tr>
</table>


<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Risk factors</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The Company is exposed to foreign currency, interest
rate, commodity price, liquidity and credit risk in the ordinary course of its business. The Company analyzes each of these risks both
individually and on a consolidated basis, to define strategies to manage the economic impact on risk&#8217;s performance consistent with
its Financial Risk Management Policy (the &#8220;Policy&#8221;).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s use of derivatives strictly follows
the Financial Risk Management Policy approved by the Board of Directors. The policy is intended to provide guidelines for the management
of the financial risks inherent to the capital markets in which Ambev operates. The policy includes four main aspects: (i) capital structure;
financing and liquidity; (ii) transactional risks related to the business; (iii) financial statement translation risk; and (iv) credit
risks of financial counterparties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The policy establishes that all the financial assets
and liabilities in each country in which Ambev operates must be denominated in their respective local currencies. The policy also sets
out the procedures and controls required to identify, measure and minimize market risks, such as variations in foreign exchange rates,
interest rates and commodities (mainly aluminum, wheat, corn and sugar) that may affect Ambev&#8217;s revenue, costs and/or investment
amounts. The policy states that all of the known risks (e.g. foreign currency and interest) shall be hedged by contracting derivative
financial instruments. Existing risks which are not yet recorded (e.g. future contracts for the purchase of raw materials or property,
plant and equipment) shall be mitigated using projections for the period required for the Company to adapt to the new costs scenario,
which may vary from ten to fourteen months, also through the use of derivative financial instruments. Most translation risks are not hedged.
The exceptions to the policy must be approved by the Operations and Finance Committee (&#8220;COF&#8221; &#8211; previously addressed
by Operations, Finance and Compensation Committee, changed, and approved by the Board of Directors at a meeting on October 14, 2022).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Derivative financial instruments</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The derivative financial instruments authorized under
the Financial Risk Management Policy include futures contracts traded on exchanges, full deliverable forwards, non-deliverable forwards,
swaps and options. At December 31, 2022, the Company and its subsidiaries had no target forwards, swaps with currency verification, or
any other derivative transactions representing a risk level above the nominal value of the contracts. The derivative operations are managed
on a consolidated basis and classified based on the strategy according to their purposes, as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">i) Cash flow hedge derivative instruments - Highly probable
forecast transactions contracted to minimize the Company's exposure to fluctuations in exchange rates and the prices of raw materials,
investments, equipment and services to be procured, protected by cash flow hedges that shall occur at various different dates over the
next fourteen months. Gains and losses classified as hedging reserves in equity are recognized in the income statement in the period or
periods during which the forecast and hedged transaction affects the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">ii) Fair value hedge derivative instruments - operations contracted
for the purpose of mitigating the Company&#8217;s net indebtedness against foreign exchange and interest rate risk. Net cash positions
and foreign currency debts are continually assessed to identify new indications of exposure.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The results of these operations, measured according to their
fair value, are recognized in financial results.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">iii) Net investment hedge derivative instruments - transactions
entered into to minimize the exposure to exchange differences arising from the conversion of net investments in the Company's subsidiaries
located abroad for the purpose of translating the account balance. The effective portion of the hedge is allocated to equity, while the
ineffective portion is recorded directly in the financial income statement when identified.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In accordance with the hedge accounting, the effective hedge
amount is recorded in equity and, in the event of an ineffective portion this result is recorded immediately in finance result during
the period ineffectiveness was identified, for cash flow hedge and net investment hedge.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The following tables summarize the exposure identified and
protected in accordance with the Company's Risk Policy.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Non-derivative financial instruments</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Put options granted on subsidiaries: the Company constituted
a liability related to the acquisition of a non-controlling interest of the operations in the Dominican Republic. This financial instrument
is denominated in US Dollars (Tranche A) and Dominican Pesos (Tranche B) and is recorded by an entity, whose functional currency is the
Real. The</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Company assigned this financial instrument as a hedging instrument
for a portion of its net assets located in subsidiaries whose functional currency is the US Dollar and the Dominican Peso, in such a manner
that the hedge result can be recorded in other comprehensive income of the group, following the result of the hedged item.</p>


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<p style="font: 9pt Times New Roman,serif; margin: 0"><b>Transactions protected by derivative financial instruments in accordance with
the Financial Risk Management Policy</b></p>

<p style="font: 9pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_z9nDk3fXWtJd" style="display: none">Schedule of financial risk management</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<tr style="vertical-align: bottom">
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  <tr>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gain / (Losses)</b></span></td></tr>
  <tr>
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    <td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
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    <td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liability</b></span></td>
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    <td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Finance Result</b></span></td>
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  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZ5CZ06oeCua" title="Fair Value Liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:MaximumExposureToCreditRiskOfFinancialLiabilities" contextRef="AsOf2022-12-31_custom_TotalFixedAssetExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.4</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWK5dVtFvJ8h" title="Gain (loss) Operational Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:GainsLossesFromOperationalResults" contextRef="From2022-01-012022-12-31_custom_TotalFixedAssetExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.9</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zGhRfBWYwue9" title="Gain (loss) Equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:GainsLossesRecordedInEquity" contextRef="From2022-01-012022-12-31_custom_TotalFixedAssetExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">13.0</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CashUMember_zDjdmfZCJoLf" title="Gain (loss) Finance Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:GainsLossesRecordedInFinancialResults" contextRef="From2022-01-012022-12-31_custom_CashUMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">17.1</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>As at December 31, 2022</b></span></td>
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    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z0t72ZXv6vjd" title="Fair Value Assets" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets" contextRef="AsOf2022-12-31_custom_TotalFinancialRiskExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">273.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zbkx19jPkCdc" title="Fair Value Liability" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:MaximumExposureToCreditRiskOfFinancialLiabilities" contextRef="AsOf2022-12-31_custom_TotalFinancialRiskExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">729.4</ix:nonFraction>)&#160;</b></span></td>
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<p style="font: 9pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>



<ix:exclude><!-- Field: Page; Sequence: 271 -->
    <div id="xdx_23C_zbx1GwTylQB4" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23E_zqIHn2bgyhj7" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
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    <!-- Field: /Page --></ix:exclude>



<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gain / (Losses)</b></span></td></tr>
  <tr>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liability</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Finance Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Operational Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Equity</b></span></td></tr>
  <tr style="vertical-align: bottom">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zsHmeoIvkKhg" title="Fair Value Assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets" contextRef="AsOf2021-12-31_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">597.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zlbW3C2C97tl" title="Fair Value Liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:MaximumExposureToCreditRiskOfFinancialLiabilities" contextRef="AsOf2021-12-31_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">421.1</ix:nonFraction>)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zAfiNvS290dj" title="Gain (loss) Finance Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:GainsLossesRecordedInFinancialResults" contextRef="From2021-01-012021-12-31_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,113.5</ix:nonFraction>)</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z6Moz0GIWRVk" title="Gain (loss) Operational Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:GainsLossesFromOperationalResults" contextRef="From2021-01-012021-12-31_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,710.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zx3C1dSUpiQ7" title="Gain (loss) Equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:GainsLossesRecordedInEquity" contextRef="From2021-01-012021-12-31_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,277.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities</i></span></td>
    <td id="xdx_988_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zOcXzELfWOY5" title="Notional" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:NotionalAmount1" contextRef="AsOf2021-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,179.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_znzb8CiUciy2" title="Fair Value Assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets" contextRef="AsOf2021-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">455.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zojTE3C0NGA" title="Fair Value Liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:MaximumExposureToCreditRiskOfFinancialLiabilities" contextRef="AsOf2021-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">41.2</ix:nonFraction>)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zzItRoPaQtf4" title="Gain (loss) Finance Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:GainsLossesRecordedInFinancialResults" contextRef="From2021-01-012021-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">126.8</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z3fhcyYHTt01" title="Gain (loss) Operational Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:GainsLossesFromOperationalResults" contextRef="From2021-01-012021-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,168.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zc5Q86g0jU52" title="Gain (loss) Equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:GainsLossesRecordedInEquity" contextRef="From2021-01-012021-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">684.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOO7rZsqGff2" title="Notional" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:NotionalAmount1" contextRef="AsOf2021-12-31_custom_USDollarsRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">15,516.2</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_znOYPTVyIC6c" title="Fair Value Assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets" contextRef="AsOf2021-12-31_custom_USDollarsRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">136.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zS649DEPx0t4" title="Fair Value Liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:MaximumExposureToCreditRiskOfFinancialLiabilities" contextRef="AsOf2021-12-31_custom_USDollarsRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">378.4</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zMZ0dZsxwXG7" title="Gain (loss) Finance Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:GainsLossesRecordedInFinancialResults" contextRef="From2021-01-012021-12-31_custom_USDollarsRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,970.7</ix:nonFraction>)&#160;</span></td>
    <td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zPPFOnBm8eb5" title="Gain (loss) Operational Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:GainsLossesFromOperationalResults" contextRef="From2021-01-012021-12-31_custom_USDollarsRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">541.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zTe3AqA6r0K" title="Gain (loss) Equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:GainsLossesRecordedInEquity" contextRef="From2021-01-012021-12-31_custom_USDollarsRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,792.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_985_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zcI5Of0qdQD1" title="Gain (loss) Operational Result" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:GainsLossesFromOperationalResults" contextRef="From2021-01-012021-12-31_custom_TotalFixedAssetExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">105.3</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_985_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zjkT8K9FCxS6" title="Gain (loss) Equity" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:GainsLossesRecordedInEquity" contextRef="From2021-01-012021-12-31_custom_TotalFixedAssetExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">103.2</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zX1dxhJUAXk6" title="Fair Value Liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:MaximumExposureToCreditRiskOfFinancialLiabilities" contextRef="AsOf2021-12-31_custom_USDollarsRiskPortionOfFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">53.3</ix:nonFraction>)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98D_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYCXdNtyEaAg" title="Fair Value Assets" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets" contextRef="AsOf2021-12-31_custom_TotalExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8xdxwaSOOac" title="Fair Value Liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:MaximumExposureToCreditRiskOfFinancialLiabilities" contextRef="AsOf2021-12-31_custom_TotalExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">18.1</ix:nonFraction>)&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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</ix:nonNumeric><p id="xdx_8AD_zK5Fkj9Dg9mb" style="font: 9pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>


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    <div id="xdx_230_zqnkTEDHDrx7" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_238_zLHuk39gLyyf" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_238_zhyhi3ALt9I8" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23D_zA8VtELPGjz6" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 7.1pt"></td><td style="width: 14.2pt"><span style="font-size: 12pt"><b>I.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Market risk</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>a.1) Foreign currency risk</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company is exposed to foreign currency risk on borrowings,
investments, purchases, dividends and/or interest expenses/income where these are denominated in a currency other than the functional
currency of the subsidiary. The main derivative financial instruments used to manage foreign currency risk are futures contracts, swaps,
options, non-deliverable forwards and full deliverable forwards.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>a.2) Commodity Risk</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A significant portion of the Company&#8217;s inputs
is made up of commodities, which have historically experienced substantial price fluctuations. The Company therefore uses both fixed-price
purchasing contracts and derivative financial instruments to minimize its exposure to volatility in the commodity prices of aluminum,
sugar, wheat, corn and paraxylene. These derivative financial instruments have been designated as cash flow hedges.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>a.3) Interest rate risk</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies a dynamic interest rate hedging approach,
whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of the Company&#8217;s policy is to
achieve an optimal balance between the cost of funding and the volatility of financial results, considering market conditions, as well
as the Company&#8217;s overall business strategy, which is reviewed periodically.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The table below demonstrates the Company and its subsidiaries
are exposure related to debts. In 2022, the Company and its subsidiaries do not hold hedge positions to the exposure described below:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_pn5n6_zWaL2QIvZK04" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Interest Rate Hedging (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zWxEX6Ykk3o8" style="display: none">Schedule of detailed information about hedging instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Interest rate</b></span></td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Amount&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_986_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zFszv0a8q1a6" title="Pre-hedge, post-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PostfixedInterestRatePrehedged" contextRef="AsOf2022-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">8.5</ix:nonFraction>%</span></td>
    <td id="xdx_983_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zqwgVRoSFz9b" title="Pre-hedge, post-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PostfixedInterestPrehedgedValue" contextRef="AsOf2022-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">230.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Post fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zIuNNAsTzc41" title="Pre-hedge, post-fixed interest rate, amount" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:PostfixedInterestPrehedgedValue" contextRef="AsOf2022-12-31_ifrs-full_InterestRateRiskMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">230.1</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_987_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zksscSafiYBe" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2022-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">8.5</ix:nonFraction>%</span></td>
    <td id="xdx_986_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z4imQUpwgmf7" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2022-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,602.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Working Capital in Argentinean Peso&#160;</span></td>
    <td id="xdx_984_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zdtN3tZ26B2a" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2022-12-31_custom_InterestRateRiskWorkingCapitalinArgentineanPesoMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">73.5</ix:nonFraction>%</span></td>
    <td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_z4XQpkT7xIK6" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2022-12-31_custom_InterestRateRiskWorkingCapitalinArgentineanPesoMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">74.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other</span></td>
    <td id="xdx_98D_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zGJZGu9DUzZ7" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2022-12-31_custom_OtherCurrenciesMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.4</ix:nonFraction>%</span></td>
    <td id="xdx_989_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_ze9tI0gXPB6i" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2022-12-31_custom_OtherCurrenciesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">421.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zvI5HrFNB62a" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2022-12-31_custom_InterestRateRiskUSDollarsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">14.0</ix:nonFraction>%</span></td>
    <td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zulFw2g0Tdhd" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2022-12-31_custom_InterestRateRiskUSDollarsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">6.2</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollars</span></td>
    <td id="xdx_981_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_z7thYLiU5EWb" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2022-12-31_custom_InterestRateRiskCanadianDollarsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">5.3</ix:nonFraction>%</span></td>
    <td id="xdx_98D_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zvlTBLZtFIDj" title="Pre-hedge, pre-fixed interest rate, amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2022-12-31_custom_InterestRateRiskCanadianDollarsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">511.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Pre-fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zZRqbJYgIFBi" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2022-12-31_ifrs-full_InterestRateRiskMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,614.9</ix:nonFraction>&#160;</b></span></td></tr>
  </table>

<ix:exclude><!-- Field: Page; Sequence: 273 -->
    <div id="xdx_239_zcdSb39lz7y2" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_237_zhzSD2gdKwH3" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_234_zNwu22RaAeul" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_235_zhVPEVlfizGa" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>



<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Interest rate</b></span></td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Amount&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_98A_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zGhgm9vfBUEi" title="Pre-hedge, post-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PostfixedInterestRatePrehedged" contextRef="AsOf2021-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">11.6</ix:nonFraction>%</span></td>
    <td id="xdx_984_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z1pqGiu5Uhx7" title="Pre-hedge, post-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PostfixedInterestPrehedgedValue" contextRef="AsOf2021-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">83.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Post fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zhiiAQ4mZHVf" title="Pre-hedge, post-fixed interest rate, amount" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:PostfixedInterestPrehedgedValue" contextRef="AsOf2021-12-31_ifrs-full_InterestRateRiskMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">83.0</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_98A_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zWRiaSpgu5si" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2021-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">7.2</ix:nonFraction>%</span></td>
    <td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zxm7NFX3LTL7" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2021-12-31_custom_InterestRateRiskBrazilianReaisMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,343.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Working capital in Argentinean Peso&#160;</span></td>
    <td id="xdx_985_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zsOacJyfumU" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2021-12-31_custom_InterestRateRiskWorkingCapitalinArgentineanPesoMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">34.7</ix:nonFraction>%</span></td>
    <td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zVuQ6mGCvoQ" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2021-12-31_custom_InterestRateRiskWorkingCapitalinArgentineanPesoMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">30.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other</span></td>
    <td id="xdx_982_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zIJtNATAjqe1" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2021-12-31_custom_OtherCurrenciesMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">11.3</ix:nonFraction>%</span></td>
    <td id="xdx_985_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_z7YB9U37X5G4" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2021-12-31_custom_OtherCurrenciesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">226.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zVW1rDQfXHN3" title="Pre-hedge, pre-fixed interest rate" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="abev:PresetInterestRatePrehedged" contextRef="AsOf2021-12-31_custom_InterestRateRiskUSDollarsMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">13.1</ix:nonFraction>%</span></td>
    <td id="xdx_984_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zpULB6g95raj" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2021-12-31_custom_InterestRateRiskUSDollarsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">17.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollars</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Pre-fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zHToAdBdptK8" title="Pre-hedge, pre-fixed interest rate, amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:PresetInterestPrehedgedValue" contextRef="AsOf2021-12-31_ifrs-full_InterestRateRiskMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,048.1</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AA_z9MhqIpWhCVe" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Sensitivity analysis</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company substantially mitigates the risks arising from
non-derivative financial assets and liabilities, through the use of derivative financial instruments. In this context, the Company has
identified the main risk factors that could generate losses from these derivative financial instruments, and has developed a sensitivity
analysis based on three scenarios, which may impact the Company&#8217;s future results and/or cash flow, as described below:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">1 - Probable scenario: Management&#8217;s expectations
regarding the deterioration of each transaction&#8217;s main risk factor. To measure the possible effects on the results of derivative
transactions, the Company uses the parametric Value at Risk (&#8220;VaR&#8221;), a statistical measure developed based on estimates of
standard deviation and correlation between the returns of several risk factors. This model gives the loss limit expected for an asset
over a certain time period and confidence interval. Under this methodology, the potential exposure of each financial instrument, a range
of <span id="xdx_90B_ecustom--ValueAtRiskExposureProbable_pip0_dp_c20220101__20221231_zbbtcI08g9c" title="Value at risk exposure, probable"><ix:nonFraction name="abev:ValueAtRiskExposureProbable" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">95</ix:nonFraction></span>% and a horizon of 21 days from December 31, 2022 were used for the calculation, which are presented in the model.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">2 - Adverse scenario: <span id="xdx_90C_ecustom--ValueAtRiskAdverseScenarioDeteriorationPercentage_pip0_dp_c20220101__20221231_ztJpCAJqO2ul" title="Value at risk, adverse scenario, deterioration percentage"><ix:nonFraction name="abev:ValueAtRiskAdverseScenarioDeteriorationPercentage" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">25</ix:nonFraction></span>% deterioration in each transaction&#8217;s main risk factor
compared to the level observed as at December 31, 2022.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">3 - Remote scenario: <span id="xdx_909_ecustom--ValueAtRiskRemoteScenarioDeteriorationPercentage_pip0_dp_c20220101__20221231_znsK3mO4m5Qe" title="Value at risk, remote scenario, deterioration percentage"><ix:nonFraction name="abev:ValueAtRiskRemoteScenarioDeteriorationPercentage" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">50</ix:nonFraction></span>% deterioration in each transaction&#8217;s
main risk factor compared to the level observed as at December 31, 2022.</p>


<ix:exclude><!-- Field: Page; Sequence: 274 -->
    <div id="xdx_230_z32STmSap73e" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23C_zkPRbOTfPoB2" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_235_zHYUPZEpc2B4" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23E_zRuAVvCNHKXl" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:SensitivityAnalysisForEachTypeOfMarketRisk"><table cellspacing="0" cellpadding="0" id="xdx_899_eifrs-full--SensitivityAnalysisForEachTypeOfMarketRisk_pn5n6_zph71ClX422c" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Sensitivity Analysis of Financial Instruments (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zrC02Dg0EXa2" style="display: none">Schedule of types of market risk</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr>
    <td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Transaction</b></span></td>
    <td style="width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Probable scenario</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Adverse scenario</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Remote<br />
scenario</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Decrease in commodities price</span></td>
    <td id="xdx_98D_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" title="Fair value of hedging instruments" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" contextRef="AsOf2022-12-31_custom_CommoditiesHedgeMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">275.2</ix:nonFraction>)</span></td>
    <td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesHedgeMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">466.3</ix:nonFraction>)</span></td>
    <td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesHedgeMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,477.8</ix:nonFraction>)</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesHedgeMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">2,680.3</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Input purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Fair value of hedging instrument transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">275.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">466.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,477.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,680.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_98A_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" title="Fair value of hedging instruments" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" contextRef="AsOf2022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignExchangeRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">172.4</ix:nonFraction>)</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignExchangeRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">425.5</ix:nonFraction>)</span></td>
    <td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignExchangeRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,933.1</ix:nonFraction>)</span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignExchangeRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7,694.0</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Input purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Fair value of hedging instrument transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">172.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">425.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,933.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,694.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zw8lfcAvmzX2" title="Fair value of hedging instrument transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesAndForeignExchangeHedgesMember_custom_TotalCostExposureMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zimjy8paudX" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesAndForeignExchangeHedgesMember_custom_TotalCostExposureMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTmSDi8ZgTE8" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesAndForeignExchangeHedgesMember_custom_TotalCostExposureMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8lWUcx8ufbi" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_CommoditiesAndForeignExchangeHedgesMember_custom_TotalCostExposureMember" format="ixt:zerodash" decimals="-5" scale="6" sign="-" unitRef="BRL">-</ix:nonFraction>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_985_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" title="Fair value of hedging instrument transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.9</ix:nonFraction>)</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.2</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">60.6</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">117.3</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capex Purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" title="Fair value of hedging instruments" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" contextRef="AsOf2022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">60.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">117.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed asset effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zD0P4HLcOlm5" title="Fair value of hedges and transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6416">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zzfj2t5Mp15g" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6418">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zJ2iecuMD7xa" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6420">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zo4b252fzKCb" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6422">-</span>&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" title="Fair value of hedging instrument transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">4.1</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" title="Sensitivity value level, probable scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.1</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" title="Sensitivity value level, adverse scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">55.3</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" title="Sensitivity value level, remote scenario" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" contextRef="From2022-01-012022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">106.5</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Expenses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" title="Fair value of hedging instruments" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" contextRef="AsOf2022-12-31_custom_ForeignCurrencyExchangeHedgeMember_custom_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4.1</ix:nonFraction>&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expense effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8Lk0ibciT69" title="Fair value of hedging instrument transactions" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6440">-</span>&#160;&#160;&#160;</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">As at December 31, 2022 the Notional and Fair Value amounts per instrument
and maturity were as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_897_ecustom--DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock_pn5n6_z8kcvW8iaGcc" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B2_zz0B17u5Kh8l" style="display: none">Schedule of Notional and fair value amounts per instrument
and maturity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zoUjWfmnTznd" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">19,758.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zahlH2hygby5" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">95.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zQzqTVZ9tV0k" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6454">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zRppBvwwZnQ9" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6456">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z5YnQ3j17wLg" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6458">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zF7xAiOx8mb6" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">19,853.3</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Commodities&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zCFykrVkJ84a" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,714.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zaUI9wGC5NOa" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">95.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zyWDwhwGYF1a" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6466">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z5SFk7cOGDR1" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6468">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zEUXR9sr0rDg" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6470">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuGOmLnW4Hk9" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,809.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zORqAaj7OtLb" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6512">-</span>&#160;&#160;&#160;</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zC6vOXl4wNhg" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6526">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zwSCTiNOILa1" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6536">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zyB9CJYQW0wh" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6538">-</span>&#160;&#160;&#160;</b></span></td>
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    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z4ZqZybFL298" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TotalExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">204.9</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
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    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQCrvOQvoDP5" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6550">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z03q2ewHZpS6" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6552">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zmRDBmxRzU7k" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6554">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuoCc6pxjUlk" title="Notional value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_USDollarsRiskPortionOfTheExpensesExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">204.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zHsc0GN9uGqb" title="Notional value" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_TotalFinancialRiskExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20,189.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zKfqLtZXgLr5" title="Notional value" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_TotalFinancialRiskExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">95.2</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zAsoEtJuy9Ka" title="Notional value" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6562">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zDKeESQAViT" title="Notional value" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6564">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zy1Vf0FUTS71" title="Notional value" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6566">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zb6cpFQupLAf" title="Notional value" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TotalFinancialRiskExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">20,285.0</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Costs</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDn1omh75Rc3" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">449.1</ix:nonFraction>)</b></span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDZlp09Okdu5" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.5</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8ea7hqw9493" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6574">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zPqzoHA3Kz98" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6576">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zgAdugmLdDcj" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6578">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zOpI7YydsYxj" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_custom_TotalCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">447.6</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Commodities</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_ziJD80f9Zpp4" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">276.7</ix:nonFraction>)</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVSP6MnBru26" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zD8pPCT9eyDe" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6586">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwGRQ9D0XeP2" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6588">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVuU1w6e7TIh" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6590">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuqwcjoVKdK9" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_custom_CommoditiesRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">275.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
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    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOBsy8DpWAY1" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6598">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziWw3lgTxC5j" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6600">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4ao1Ktzr3ud" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6602">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
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    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKONNbS0UKv7" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6610">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zBBmL05POU93" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6612">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zL3792DDwsYd" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6614">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zWt2ibBFN9Kh" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_custom_EurosRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z9FTfzniAIc3" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_MexicanPesosRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze6Bj3lp1mU8" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6620">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zfwz20lTDnd2" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6622">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmK5PRIaIEWf" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6624">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zd4LYVMjTV77" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6626">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zG8s6dZTXGd9" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_custom_MexicanPesosRiskPortionOfCostExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed assets</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zkh45Qm9MYP3" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_TotalFixedAssetExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.9</ix:nonFraction>)</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zsOMQ3iDaV2a" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6632">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zrctLzvSJTa" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6634">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhbnOuN3wArg" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6636">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zvk1CC67HDWi" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6638">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zVwJi9sq7cAg" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_custom_TotalFixedAssetExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.9</ix:nonFraction>)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlvJ2RQkSwd5" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_USDollarsRiskPortionOfFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.9</ix:nonFraction>)</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zaMuhKUOVO7f" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6644">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlzhdOvqmcRb" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6646">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zpkxIlopQdl" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6648">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zxqMyZ4C8wde" title="Fair value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6650">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zFIFucuZPW84" title="Fair Value" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValue" contextRef="AsOf2022-12-31_custom_USDollarsRiskPortionOfFixedAssetsExposureMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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</ix:nonNumeric></ix:nonNumeric><p id="xdx_8A0_zLnAg9eGgcl4" style="margin-top: 0; margin-bottom: 0">&#160;</p>

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<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 14.2pt"></td><td style="width: 7.1pt"><span style="font-size: 12pt"><b>II.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Credit Risk</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b><i>Concentration of counterparty credit risk</i></b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">A substantial portion of the Company&#8217;s sales
is made to distributors, supermarkets and retailers, through a broad distribution network. Credit risk is reduced due to the large number
of customers and control procedures used to monitor risk. Historically, the Company has not incurred significant losses on receivables
from customers.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b><i>Concentration of counterparty credit risk </i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In order to minimize the credit risk of its investments,
the Company has adopted procedures for the allocation of cash and investments, taking into consideration the credit limits and credit
analysis of financial institutions, avoiding credit concentration, i.e. the credit risk is monitored and minimized by restricting negotiations
to a select group of highly rated counterparties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The selection process for financial institutions authorized
to operate as counterparties of the Company is set forth in the Credit Risk Policy, which also establishes exposure limits for each counterparty
based on each counterparty's risk rating and capitalization.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Any deposits or cash available, must be kept in
accounts with top tier banks, or banks with a high credit rating in the respective country. Any position of a short-term nature (less
than six months) should be considered as a deposit or cash.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Counterparty risk must be managed by the Company
globally, with product limits established by the treasury area, considering: (i) the counterparty&#8217;s credit rating (ii) the transaction
term (iii) the amount; and (iv) the split between assets and liabilities, in the absence of a clearing clause in derivative contracts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The counterparty risk is reassessed on a quarterly
basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The carrying amounts of cash and cash equivalents, investment
securities, trade receivables excluding prepaid expenses, recoverable taxes and derivative financial instruments are disclosed net of
provisions for impairment, and represent the maximum exposure to credit risk as at December 31, 2022. As at December 31, 2022, there was
no concentration of credit risk on any counterparties in excess of the limits established by the Company's risk policy.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 14.2pt"></td><td style="width: 7.1pt"><span style="font-size: 12pt"><b>III.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Liquidity Risk</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Historically, the Company&#8217;s primary sources of
cash flow have been cash flow from operating activities, the issuance of debt, bank borrowings and equity securities. Ambev&#8217;s material
cash requirements have included the following:</p>

<p style="font: 6pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Debt servicing;</span></td></tr>
</table>



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    <div id="xdx_231_zFXmf3YV1LRg" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23B_zy3ElMYElHXk" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Capital expenditure;</span></td></tr>
</table>


<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Investments in companies;</span></td></tr>
</table>


<table cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 12pt">Increases in the ownership of Ambev&#8217;s
subsidiaries or companies in which it holds equity investments;</span></td></tr></table>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Share buyback programs; and</span></td></tr>
</table>


<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Payments of dividends and interest on shareholders&#8217; equity.</span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company believes that cash flows from operating activities,
cash and cash equivalents and short-term investments, together with derivatives and access to loan facilities are sufficient to finance
capital expenditures, financial liabilities and dividend payments in the future.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfTermsAndDebtRepaymentsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_892_ecustom--DisclosureOfTermsAndDebtRepaymentsTextBlock_pn5n6_zWrvsWJfNMA8" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Terms and Debt Repayment Schedule (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BF_zDo4dLM9vlUc" style="display: none">Schedule of terms and debt repayments</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Contractual cash flows</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Less than 1 year</b></span></td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>1-2 years</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2-3 years</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>3-5 years</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>More than 5 years</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade and other payables (i)</span></td>
    <td id="xdx_981_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zHi2LI128CZ3" title="Carrying amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2022-12-31_custom_TradeAndOtherPayablesMember" id="Fact006692" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">39,354.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_z6u81wpeneT2" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TradeAndOtherPayablesMember" id="Fact006694" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40,656.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zXSY5xvvMwb" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_NotLaterThanOneYearMember" id="Fact006696" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">36,818.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zh8Ep2fhzcy4" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" id="Fact006698" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">86.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_zNuWB6zIWOpd" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" id="Fact006700" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,275.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zIeNVetbubRb" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" id="Fact006702" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,008.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zh8p10cjnXu9" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanFiveYearsMember" id="Fact006704" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,467.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Secured bank loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zHxaTnqKF2jj" title="Carrying amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">180.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zkFGjD60vIvf" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">245.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z6dT64d0DaW4" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">68.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zrrvEr2hTpN1" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z1hGy2pEPsVe" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zar2ah2BJPG6" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zT6pMEp7mhyb" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanFiveYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">75.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other unsecured loans</span></td>
    <td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zYHjJDwaujAl" title="Carrying amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">472.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zVPrXnO3OMag" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">759.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAhUYsWran19" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">169.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zDyClbGcv7t4" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">156.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zHRKnhyRTnk3" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">151.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zE80EXEsvowe" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">165.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zyKQRisdPBzb" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanFiveYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">115.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Lease liabilities&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_ziJK9Z5sKyZ2" title="Carrying amount" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,117.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zWPWHERh6rfh" title="Contractual cash flows" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,657.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRe96PFjya74" title="Contractual cash flows" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">962.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zBY3VDBtXyah" title="Contractual cash flows" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,008.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zONBn5SfADq2" title="Contractual cash flows" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">621.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zK7pklR5Kcu" title="Contractual cash flows" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">696.9</ix:nonFraction>&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zU7r1PC25mA8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F18_zMyTTxyZcBea" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote006761" xml:lang="en-US">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</ix:footnote></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Contractual cash flows</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Less than 1 year</b></span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zur7M7WAavH" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_TradeAndOtherPayablesMember" id="Fact006765" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">40,186.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zlFTS0lmI1n7" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_NotLaterThanOneYearMember" id="Fact006767" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">34,690.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zb4HT6LS95y9" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" id="Fact006769" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,279.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_z1kxmoGLvOd" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" id="Fact006771" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,248.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zgbico1h9IB7" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" id="Fact006773" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">327.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zbtdEdYYpzg" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanFiveYearsMember" id="Fact006775" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,639.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Secured bank loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_z1XVOW6FN1ek" title="Carrying amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">247.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zilOtz4PXqK2" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">328.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAuONYnX52H7" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">88.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zuscfgvDTHz4" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">61.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zQKDbQBtPR1" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zYLib6L7Cufi" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zVYGhiit44t" title="Contractual cash flows" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:NotionalAmount" contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanFiveYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">100.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Unsecured bank loans</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--Borrowings_iI_pn5n6_c20211231_z4lY7bfOrMp3" title="Carrying amount" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:Borrowings" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">42,076.7</ix:nonFraction>&#160;</b></span></td>
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  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F02_z5vvHKjPbiJ3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1A_zgWmDfoyXFvd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote006846" xml:lang="en-US">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AC_zgv8cyfIMlu2" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Equity price risk</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Through the equity swap transactions approved on May
13, 2020 and December 9, 2020 by the Board of Directors of Ambev (see Note 1 - <i>Corporate information</i>), the Company, or its subsidiaries,
will receive price variations related to its shares traded on the stock exchange, or on its ADRs, thus neutralizing the possible effects
of stock price fluctuations on the share-based payments made by the Company. As these derivative instruments are not eligible for hedge
accounting, they were not therefore allocated to any hedging arrangements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">On December 31, 2022, the Company did not have any
equity swap positions (on December 31, 2021 equity swap operations resulted in a gain of R$<span id="xdx_90F_eifrs-full--GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_pn5n6_c20220101__20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--EquitySwapTransactionMember_zUW3OxT4e3ll" title="Total gains (losses) on financial assets at fair value through profit or loss"><ix:nonFraction name="ifrs-full:GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="From2022-01-012022-12-31_custom_EquitySwapTransactionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">78.0</ix:nonFraction></span>).</p>


<ix:exclude><!-- Field: Page; Sequence: 277 -->
    <div id="xdx_239_zlKm3hqXgQgc" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_235_zGpbgs6DYYed" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_237_zR7hrf7JU3nb" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_234_zGcDyz48ewgf" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 14.2pt"></td><td style="width: 7.1pt"><span style="font-size: 12pt"><b>IV.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Capital management</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company is continuously optimizing its capital structure
in order to maximize shareholder value while maintaining the desired financial flexibility to execute its strategic projects. Besides
the statutory minimum equity funding requirements applicable to the Company&#8217;s subsidiaries in different countries, the Company is
not subject to any externally imposed capital requirements. When analyzing the capital structure, the Company uses the same debt ratings
and capital classifications applied to the financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Financial instruments</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>(a) Financial instruments categories</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The financial instruments held by the Company are managed
through operational strategies and internal controls to assure liquidity, profitability, and transaction security. Transactions involving
financial instruments are regularly reviewed to assess the effectiveness of the risk exposure that management intends to cover (foreign
exchange, and interest rate, among others).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The table below shows all of the consolidated financial
instruments recognized in the financial statements, segregated by category:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89A_eifrs-full--DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_pn5n6_zPSFmM9ffA6" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Consolidated Financial Instrument (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_z6KJ30662FE" style="display: none">Schedule of consolidated financial
instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortized cost</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value through profit or loss</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial assets</b></span></td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash and cash equivalents less bank overdrafts</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zo2O5YhCPyqb" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_custom_FinancialAssetCashAndCashEquivalentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,852.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zzUcjTGST4S5" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6854">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z0tPkQ1cnJua" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_custom_FinancialAssetCashAndCashEquivalentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">14,852.1</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables excluding prepaid expenses&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zAHmMG9KflA5" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_ifrs-full_TradeReceivablesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,791.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_znfI5rBtBFAi" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6860">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zNWnN1rddAs7" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_TradeReceivablesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,791.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z0c6efVuDvO" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_custom_FinancialAssetInvestmentSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">219.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z8Z3gMGXd8xk" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_custom_FinancialAssetInvestmentSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">454.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zsP4N5Ct8nc3" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_custom_FinancialAssetInvestmentSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">673.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_pn6n5" title="Financial asset" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6870">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zQs2G41Kec03" title="Financial asset" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_custom_DerivativeHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">273.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zBrsx2vkdkif" title="Financial asset" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_custom_DerivativeHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">273.8</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_z4zv3XUtsXJh" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">22,862.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zOleVAbmFc8i" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">728.3</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20221231_z4bczyr3B2Fb" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23,590.9</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_z1M07AQcB9m9" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_custom_TradePayableMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24,837.9</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zoIrdPKwsgld" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_custom_TradePayableMember108737453" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">24,837.9</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Put options granted on subsidiaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zhNiWJaextSi" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_custom_PutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,060.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_ztQrvWCbHwzl" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_custom_PutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,060.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_z0nKmLUXJr4k" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_custom_DerivativeHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">729.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zMzLjxw3lSb1" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_custom_DerivativeHedgeMember108737562" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">729.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowing</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zNosUjKSwGZi" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_custom_InterestbearingLoansAndBorrowingsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,770.7</ix:nonFraction>&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_z8ltolsppQBa" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_custom_InterestbearingLoansAndBorrowingsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,770.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other liabilities</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZqwtfVRKlx6" title="Financial liability" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_custom_OtherLiabilities1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,015.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zvZGtik0KQF3" title="Financial liability" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_custom_OtherLiabilities1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">333.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zFUfUak6RhI6" title="Financial liability" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_custom_OtherLiabilities1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,349.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
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    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_z2uJvLSJyyF4" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,123.4</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231_zFfIYCnsv0X3" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">34,747.6</ix:nonFraction>&#160;</b></span></td></tr>
  </table>

<ix:exclude><!-- Field: Page; Sequence: 278 -->
    <div id="xdx_23D_zkmyM1trhndh" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_237_zXPIsbwXN2C7" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23F_zp5LP7dzpUYi" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23D_zc2f5fUMP5rl" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>



<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortized cost</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value through profit or loss</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial assets</b></span></td>
    <td colspan="3" style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash and cash equivalents less bank overdrafts</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zZhiFkX1eyN9" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_custom_FinancialAssetCashAndCashEquivalentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16,597.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zdeEl9ovcD9" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6912">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z4PvLJIHRJhb" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_custom_FinancialAssetCashAndCashEquivalentsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">16,597.2</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables excluding prepaid expenses&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zZG5y14e3ai2" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_ifrs-full_TradeReceivablesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,084.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z6vwGe3l8XPf" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6918">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z9qvexCcZ6M5" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_TradeReceivablesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">7,084.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zovDtB9Zg5Z3" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_custom_FinancialAssetInvestmentSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">192.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z9BawY2FJNm3" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_custom_FinancialAssetInvestmentSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,914.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zoBSvC2zoFel" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_custom_FinancialAssetInvestmentSecuritiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,107.5</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zk9CYxQ9EMg1" title="Financial asset" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6928">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zIcEmGVGnb49" title="Financial asset" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_custom_DerivativeHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">599.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_z406EQUQP3I3" title="Financial asset" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_custom_DerivativeHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">599.0</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_zKZYd3OtA3Zh" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23,874.8</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zuCyjVOpJ5Fa" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,513.6</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231_zbcNJJpZvNO4" title="Financial asset" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialAssets" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26,388.4</ix:nonFraction>&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zf64vjYBbiCi" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_custom_TradePayableMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,695.0</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zWQ5SYRGoLF" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_TradePayableMember108738125" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,695.0</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Put options granted on subsidiaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zF4Ugf6EfZH3" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_custom_PutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,291.4</ix:nonFraction></span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zQGoBQsXZEsk" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_PutOptionGrantedOnSubsidiaryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,291.4</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_988_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zTM6htSQ78Z9" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_custom_DerivativeHedgeMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">492.5</ix:nonFraction></span></td>
    <td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zFm9BBosMo54" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_DerivativeHedgeMember108738218" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">492.5</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowing</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zSEwRRFHzrJ4" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_custom_InterestbearingLoansAndBorrowingsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,100.6</ix:nonFraction></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zIJ1DjzqjGwl" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_InterestbearingLoansAndBorrowingsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,100.6</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other liabilities</span></td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZ4AJ1VEIOSd" title="Financial liability" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_custom_OtherLiabilities1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,263.7</ix:nonFraction></span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zn6QkO9gIT8k" title="Financial liability" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_custom_OtherLiabilities1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">194.7</ix:nonFraction></span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zGevWrgYVJ83" title="Financial liability" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_custom_OtherLiabilities1Member" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,458.4</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zNmSwaUDaBOg" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">31,059.3</ix:nonFraction></b></span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_zrXYxGi0Dw4g" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,978.6</ix:nonFraction></b></span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231_zytjIUftMKH5" title="Financial liability" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">35,037.9</ix:nonFraction></b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A6_z2Osf69DZAJ5" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>(b) Classification of financial instruments by type of fair value measurement</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">IFRS 13 defines the fair value as the price that would
be received for the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement
date.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Pursuant to IFRS 13, financial instruments measured at
fair value shall be classified within the following categories<span style="background-color: white">:</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Level 1 - quoted
prices (unadjusted) in active markets available to the entity for identical assets or liabilities as at the valuation date;</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><span style="background-color: white">Level 2 - inputs other than quoted prices
included within Level 1 that are observable for the asset or liability, either directly or indirectly; and</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Level 3 - inputs
which are not observable for the asset or liability.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_890_ecustom--DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock_pn5n6_zLiruAg0dR45" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Fair Value Hierarchy (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_zmPnZQQARLbi" style="display: none">Schedule of fair value measurement</span></td>
    <td id="xdx_493_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zowJmDGyt9K5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zwrNyf9OVvjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49A_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkSfda33qYGd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20221231_zefytfbl5Pse" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zAEmGWNxa4b5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zmhJ721RS0H2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_492_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zFcIVeDzaXd5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_491_20211231_zp6vZZeL2u75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 1</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 2</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 3</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 1</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 2</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 3</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><span style="text-decoration: underline">Financial assets</span></b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--FinancialAssetsAtFairValueThroughProfitOrLoss_iI_pn5n6_maFAAFVzkse_zHQ3esIkpkN7" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Financial asset at fair value through profit and loss</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="AsOf2022-12-31_ifrs-full_Level1OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">454.5</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6971">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6972">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">454.5</ix:nonFraction>&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss" contextRef="AsOf2021-12-31_ifrs-full_Level1OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,914.6</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6975">-</span>&#160;&#160;&#160;</span></td>
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  <tr id="xdx_406_ecustom--DerivativeFinancialAssetsHeldForHedgingOperationalHedges_iI_pn5n6_maFAAFVzkse_zNkPzqNl9hw" style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives - operational hedge</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40F_eifrs-full--FinancialAssetsAtFairValue_iTI_pn5n6_mtFAAFVzkse_ztiXT7GrBZD7" style="background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><span style="text-decoration: underline">Financial liabilities</span></b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLoss_iI_pn5n6_maFLAFVzw0K_z1I8y2cZ67P7" style="background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6998">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="AsOf2022-12-31_ifrs-full_Level3OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,393.9</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,393.9</ix:nonFraction>&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7001">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7002">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="AsOf2021-12-31_ifrs-full_Level3OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,486.0</ix:nonFraction>&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,486.0</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_402_ecustom--DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_iI_pn5n6_maFLAFVzw0K_zN7bclazl1Pj" style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives - operational hedge</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" contextRef="AsOf2022-12-31_ifrs-full_Level1OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">76.1</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" contextRef="AsOf2022-12-31_ifrs-full_Level2OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">653.3</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7008">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">729.4</ix:nonFraction>&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" contextRef="AsOf2021-12-31_ifrs-full_Level1OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">193.4</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" contextRef="AsOf2021-12-31_ifrs-full_Level2OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">299.1</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7012">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">492.5</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--FinancialLiabilitiesAtFairValue_iTI_pn5n6_mtFLAFVzw0K_z1Wk6JUDb5pf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_Level2OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">653.3</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2022-12-31_ifrs-full_Level3OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,393.9</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">4,123.3</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2021-12-31_ifrs-full_Level1OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">193.4</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2021-12-31_ifrs-full_Level2OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">299.1</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2021-12-31_ifrs-full_Level3OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,486.0</ix:nonFraction>&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="ifrs-full:FinancialLiabilitiesAtFairValue" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,978.5</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AB_zGru9FZzVYQf" style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>


<ix:exclude><!-- Field: Page; Sequence: 279 -->
    <div id="xdx_235_z7X4FF3QEPlf" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23D_zLdorADgBN36" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23C_zQg2pqemOVi5" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23D_zniXhYyLsl18" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Reconciliation of changes in the assets categorized at Level 3</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_89E_eifrs-full--DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_pn5n6_zQ0Iiw5AIys7" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Reconciliation of Changes In the Assets Categorized At Level 3 (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zxfAJoULueFg" style="display: none">Schedule of Reconciliation of changes in the assets</span></td>
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<tr style="background-color: rgb(204,238,255)">
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Acquisition of investments</span></td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Losses/(gains) recognized in net income</span></td>
    <td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znaCtrTWKQyf" title="Losses/(gains) recognized in net income" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="ifrs-full:GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" contextRef="From2022-01-012022-12-31_ifrs-full_Level3OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">46.3</ix:nonFraction>)</span></td></tr>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Losses/(gains) recognized in equity</span></td>
    <td id="xdx_985_ecustom--GainsLossesRecognisedEquityFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7YoM56ivNfd" title="Losses/(gains) recognized in equity" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">(<ix:nonFraction name="abev:GainsLossesRecognisedEquityFairValueMeasurementLiabilities" contextRef="From2022-01-012022-12-31_ifrs-full_Level3OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">207.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Financial liabilities at December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--FinancialLiabilities_iE_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z15laocHEQv7" title="Financial liabilities balance" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="ifrs-full:FinancialLiabilities" contextRef="AsOf2022-12-31_ifrs-full_Level3OfFairValueHierarchyMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,393.9</ix:nonFraction>&#160;</b></span></td></tr>
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</ix:nonNumeric><p id="xdx_8A2_zBJY4ojMHSu3" style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>(c) Fair value of financial liabilities measured at amortized cost</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s liabilities, interest-bearing loans
and borrowing, and trade payables excluding tax payables, are recorded at amortized cost based on the effective rate method, plus indexation
and foreign exchange gains/losses, based on the closing indices for each exercise.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The financial instruments recorded at amortized cost
are similar to the fair value and are not of sufficiently material to require disclosure.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>(d) Fair value of liabilities measured through profit or
loss</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As part of the negotiations regarding the acquisition
of the shares of Tenedora, the Company signed the second amendment to the Shareholders' Agreement extending the partnership between the
Company and ELJ. ELJ is currently the owner of <span id="xdx_906_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zsbhXf2NIRw1" title="Put options, exercisable number of shares, percent of outstanding stock"><ix:nonFraction name="abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" contextRef="AsOf2021-07-02_custom_TenedoraMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">15</ix:nonFraction></span>% of the shares of Tenedora, and its put options are now divided into two tranches: (i)
Tranche A, corresponding to <span id="xdx_903_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheAMember__dei--LegalEntityAxis__custom--ELJMember_zPMugXkEgWa5" title="Put options, exercisable number of shares, percent of outstanding stock"><ix:nonFraction name="abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" contextRef="AsOf2021-07-02_custom_TenedoraMember_custom_TrancheAMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">12.11</ix:nonFraction></span>% of the shares, exercisable in 2023 and 2024; and (ii) Tranche B, corresponding to <span id="xdx_908_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheBMember__dei--LegalEntityAxis__custom--ELJMember_zD0RR07Si7Of" title="Put options, exercisable number of shares, percent of outstanding stock"><ix:nonFraction name="abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" contextRef="AsOf2021-07-02_custom_TenedoraMember_custom_TrancheBMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">2.89</ix:nonFraction></span>% of the shares,
exercisable from 2026. The Company, on the other hand, has a call option over Tranche A shares, exercisable from 2021, and Tranche B shares,
exercisable from 2029, whereas until December 31, 2022, no options were exercised. On December 31, 2022, the sum of the two ELJ tranches
is R$<span id="xdx_90A_ecustom--PutOptionsFairValue_iI_pn5n6_c20221231__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zcY766CqFAKa" title="Put options, fair value"><ix:nonFraction name="abev:PutOptionsFairValue" contextRef="AsOf2022-12-31_custom_TenedoraMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,053.7</ix:nonFraction></span> (R$<span id="xdx_906_ecustom--PutOptionsFairValue_iI_pn5n6_c20211231__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_z0ReaRtH0YIg" title="Put options, fair value"><ix:nonFraction name="abev:PutOptionsFairValue" contextRef="AsOf2021-12-31_custom_TenedoraMember_custom_ELJMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,284.8</ix:nonFraction></span> on December 31, 2021).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The fair value of (i) Tranche A is calculated considering
the interest under the contract, plus foreign exchange variations, less the dividends paid between the date of signature of the amendment
and the exercise of the option.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The fair value of (ii) Tranche B is calculated based on the
EBITDA multiple defined in the contract, less the net debt, brought to its present value, calculated using standard valuation techniques
(the present value of the principal amount and future interest, discounted by the local currency&#8217;s WACC rate as at the date of the
calculation). The criteria used are based on market information from reliable sources and are categorized as &#8220;Level 3&#8221;.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Calculation of the fair value of derivatives</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company measures derivative financial instruments by calculating
their fair value, using market curves that impact the value of the instrument as at the computation date. In the case of swaps, the asset
and the liability positions are estimated independently and</p>


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    <div id="xdx_230_zTdfu5y7zOJg" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23B_zy919Mqqzffj" style="text-align: center">&#160;</td></tr></table></div>
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<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">brought to their fair value, equivalent to the difference between
the results of the asset and liability amounts, which generates the swap&#8217;s market value. For traded derivative financial instruments,
the fair value is calculated based on the exchange-listed price.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Margins pledged as guarantees</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In order to comply with the guarantee requirements regarding
derivative exchanges and/or counterparties to certain operations with derivative financial instruments, as at December 31, 2022 the Company
held R$<span id="xdx_900_ecustom--InstrumentsSharingCharacteristicHighlyLiquidInvestments_iI_pn5n6_c20221231_zcaDMh8viL6d" title="Instruments sharing characteristic, highly liquid investments"><ix:nonFraction name="abev:InstrumentsSharingCharacteristicHighlyLiquidInvestments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">376.9</ix:nonFraction></span> in highly liquid financial investments or in cash, classified as cash and cash equivalents and investment securities (R$<span id="xdx_90D_ecustom--InstrumentsSharingCharacteristicHighlyLiquidInvestments_iI_pn5n6_c20211231_zVsgCBnaNy6i" title="Instruments sharing characteristic, highly liquid investments"><ix:nonFraction name="abev:InstrumentsSharingCharacteristicHighlyLiquidInvestments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,152.8</ix:nonFraction></span>
as at December 31, 2021).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Offsetting of financial assets and liabilities</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">For financial assets and liabilities subject to settlement
agreements on a net basis or similar agreements, each agreement between the Company and the counterparty allows this type of settlement
when both parties opt for this. In the absence of such a decision, the assets and liabilities will be settled at their gross amounts,
but each party will have the option to settle on a net basis, in case of a default by the counterparty.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><span style="font-size: 12pt"><b>Risks of climate change and the sustainability strategy</b></span></p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Considering the nature of the Company&#8217;s operations,
there is an inherent exposure to certain risks related to climate change, and relevant ESG (Environmental, Social and Governance) aspects.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In the period finished in December 31, 2022 the Management
considered as main risks the aspects below:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(i)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Commodities prices</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">There is a growing concern that the current level of carbon
dioxide and other greenhouse gases in the atmosphere will have adverse impacts on global temperatures, weather patterns and the frequency
and severity of extreme weather and natural disasters, such as droughts, floods, unseasonal rains, tropical cyclones, among others. In
the event that climate changes has a negative effect on agricultural productivity, the Company may be subject to decreased availability
or less favorable pricing for certain agricultural commodities that are necessary for our products, such as barley, hops, sugar and corn.
In addition, public expectations for reductions in greenhouse gas emissions could result in increased energy, transportation and raw
material costs and may require us to make additional investments in facilities and equipment due to increased regulatory pressures. As
a result, the effects of climate change could have a long-term, material adverse impact on our business and results of operations.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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    <div id="xdx_239_zYiEauO8pIL6" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_233_z1JtSHCNb9e4" style="text-align: center">&#160;</td></tr></table></div>
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<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(ii)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Water crisis</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">We also face water scarcity and quality risks. The availability
of clean water is a limited resource in many parts of the world, facing unprecedented challenges from climate change and the resulting
change in precipitation patterns and frequency of extreme weather, overexploitation, increasing pollution, and poor water management.
We have implemented an internal strategy in order to considerably reduce the use of water in our operative plants. However, as demand
for water continues to increase around the world, and as water becomes scarcer and the quality of available water deteriorates, we may
be affected by increasing production costs or capacity constraints, which could adversely affect our business and results of operations.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Droughts can cause barley crop failures, especially in South
America, where most barley is rain-fed, the meteorological droughts (short-term, precipitation-impacted droughts) can significantly affect
barley crop performance.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">As a result, the effects of climate change could have a substantial
long-term detrimental impact on the Company's business and operating results.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(iii)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Environmental regulations</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Our operations are subject to a wide range of Brazilian federal,
state and municipal safety and environmental laws and regulations related to licenses or authorizations necessary to our business, as
well as use of water resources and management of solid waste and take-back scheme obligations.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company activities require the constant obtaining and
renewal of environmental licenses, in which the production units operation depends. Technical difficulties or failure to meet license
renewal terms and the requirements of environmental agencies may have adverse effects on our business, as we may be subject to (i) the
imposition of several administrative penalties (such as fines, interruption or shutdown of activities, license cancellation, among others),
(ii) payment of recovering costs to of degraded areas and (iii) accountability in the civil, administrative and criminal spheres, depending
on the case.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">While we have a budget for future capital and operating
expenditures to maintain compliance with environmental laws and regulations, there is no guarantee that the Company, even if it
adopts adequate practices and processes, will not incur environmental liability or that these applicable environmental laws and
regulations will not change or become more strict in the future. Accordingly, non-compliance with applicable laws and the technical
conditions established in licenses and permits may harm the Company's reputation, results of operations and financial health.</p>


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    <div id="xdx_235_zl0mYkGc1Ym6" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_230_z5Te3rt9vbhc" style="text-align: center">&#160;</td></tr></table></div>
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<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(iv)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Social</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">The Company is subject to obligations regarding the
respect for human rights of all stakeholders, which may lead the Company to incur additional costs as well as significant contingencies
relating to social issues. In general, social risks arise from the potential and actual adverse impacts of its business activities on
the human rights of all stakeholders involved in its operation, including its own employees, consumers, suppliers, investors and the
local community where the Company operates, whether directly or indirectly connected to its activities.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">If the Company does not adopt well-structured and integrated
long-term planning initiatives to promote diversity, equality and inclusion, both in its workforce and in the composition of statutory
bodies and leadership, it may be challenged, including in court, about the absence of clear goals and effective actions in this area.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">There is no guarantee that the Company will be able
to adequately manage the social risks mentioned above in compliance with all national and international parameters and guidelines, which,
consequently, may eventually harm the Company's operating results and reputation and expose it to legal and regulatory risks, which may
materialize in different ways.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">As the events mentioned in this section are highly uncertain,
the Company cannot determine their financial impact at this moment. Any mentioned impacts may result in a material adverse effect on our
business, liquidity, financial condition and results of operations. The Company continues to manage liquidity and capital resources with
discipline to meet the costs of the eventual materialization of such risks.</p>


</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOtherTextBlock"><p id="xdx_80C_ecustom--DisclosureOfCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOtherTextBlock_z8EGwFG1psWb" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>29.</b></span><b></b></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_034"></span><span id="xdx_828_z9Ug63fjgKwb">COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND
OTHERS</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_894_eifrs-full--DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_pn5n6_zqRNEGMVZQA1" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Components of Collateral and Commitments (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zRmQ1VVpqGF6" style="display: none">Schedule of commitments and contingent liabilities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 48%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Collateral given for the Company&#8217;s own liabilities</span></td>
    <td id="xdx_98A_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20221231_zfUKokTkX4jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">764.5</ix:nonFraction></span></td>
    <td id="xdx_988_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20211231_zWZrdlboILbk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="ifrs-full:AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">788.6</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other commitments</span></td>
    <td id="xdx_984_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20221231_z14Gb3MR1IW1" title="Other commitments" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:OtherCommitmentsHeld" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,368.1</ix:nonFraction></span></td>
    <td id="xdx_982_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20211231_z4gb7HvkJBWf" title="Other commitments" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:OtherCommitmentsHeld" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,719.1</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20221231_znmq30ab7q1e" title="Total" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:CollateralAndOtherCommitments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,132.6</ix:nonFraction></b></span></td>
    <td id="xdx_981_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zDYnSSp0GR42" title="Total" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:CollateralAndOtherCommitments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,507.7</ix:nonFraction></b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Commitments to suppliers</span></td>
    <td id="xdx_985_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20221231_zIX4Xtj3DeRg" title="Commitments to suppliers" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:CommitmentsWithSuppliers" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50,365.3</ix:nonFraction></span></td>
    <td id="xdx_982_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20211231_zdPYHtjUB0N4" title="Commitments to suppliers" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:CommitmentsWithSuppliers" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">51,562.0</ix:nonFraction></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zemYR89ZxgX1" title="Total" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50,365.3</ix:nonFraction></b></span></td>
    <td id="xdx_98B_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_z1oYN06smiqj" title="Total" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">51,562.0</ix:nonFraction></b></span></td></tr>
  </table>
<p style="font: 5pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

</ix:nonNumeric><p id="xdx_8A6_zVmJa3px8Bdj" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The collateral provided for liabilities totaled
approximately R$<span id="xdx_908_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20221231_zvBHQqvTMZW1" title="Collateral and other commitments"><ix:nonFraction name="abev:CollateralAndOtherCommitments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,132.6</ix:nonFraction></span> as at December 31, 2022 (R$<span id="xdx_900_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zBdYnjTfGN5i" title="Collateral and other commitments"><ix:nonFraction name="abev:CollateralAndOtherCommitments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,507.7</ix:nonFraction></span> as at December 31, 2021), including R$<span id="xdx_90D_ecustom--CashGuarantees_iI_pn5n6_c20221231_z3vH1j384pPc" title="Cash guarantees"><ix:nonFraction name="abev:CashGuarantees" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">744.0</ix:nonFraction></span> (R$<span id="xdx_906_ecustom--CashGuarantees_iI_pn5n6_c20211231_zIhmqrDf9eA3" title="Cash guarantees"><ix:nonFraction name="abev:CashGuarantees" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">682.6</ix:nonFraction></span> as at December 31, 2021)
of cash guarantees. The deposits in cash used as guarantees are presented as part of other assets. To provide the guarantees required
for derivatives exchanges and/or counterparties contracted in certain derivative financial instrument transactions, as at December 31,
2022, Ambev maintained R$<span id="xdx_90F_ecustom--GuaranteesHeldForDerivativeInstruments_iI_pn5n6_c20221231_zz63qIg2xMtl" title="Guarantees held for derivative instruments"><ix:nonFraction name="abev:GuaranteesHeldForDerivativeInstruments" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">376.9</ix:nonFraction></span> (R$<span id="xdx_900_ecustom--GuaranteesHeldForDerivativeInstruments_iI_pn5n6_c20211231_zJSXR9IBFBkh" title="Guarantees held for derivative instruments"><ix:nonFraction name="abev:GuaranteesHeldForDerivativeInstruments" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,152.8</ix:nonFraction></span> as at December 31, 2021) in highly liquid financial investments or in cash, classified as cash
and cash equivalents and investment securities (Note 28 - <i>Financial instruments and risks</i>).</p>


<ix:exclude><!-- Field: Page; Sequence: 283 -->
    <div id="xdx_232_zPTgW1LQ1z9g" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23C_zKIQWIiSUkwh" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23C_z4OEVDS6uz71" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_235_zNLk7A4YZFZ6" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Most of the balance relates to commitments to
suppliers of packaging.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Future contractual
commitments as at </span>December 31, 2022 <span style="background-color: white">and </span>2021 <span style="background-color: white">are
as follow:</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfFutureContractualCommitmentsTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_891_ecustom--DisclosureOfFutureContractualCommitmentsTextBlock_pn5n6_zMPuBxM4YPOb" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Future Contractual Commitments (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zKRhRu9h2N6k" style="display: none">Schedule
of future contractual commitments</span> </td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 47%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Less than 1 year</span></td>
    <td id="xdx_98F_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zxJkSpOTQVWi" title="Future contractual commitments" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12,491.0</ix:nonFraction></span></td>
    <td id="xdx_989_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCT0AB8zHBG8" title="Future contractual commitments" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2021-12-31_ifrs-full_NotLaterThanOneYearMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11,559.9</ix:nonFraction></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Between 1 and 2 years</span></td>
    <td id="xdx_98C_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zXCK39VKSv11" title="Future contractual commitments" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">10,315.3</ix:nonFraction></span></td>
    <td id="xdx_988_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zHzYPbNthI4l" title="Future contractual commitments" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9,982.2</ix:nonFraction></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">More than 2 years</span></td>
    <td id="xdx_987_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_zMOlYMoQgkyb" title="Future contractual commitments" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2022-12-31_custom_LaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">27,559.0</ix:nonFraction></span></td>
    <td id="xdx_984_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_z6R6IIaLnwsj" title="Future contractual commitments" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2021-12-31_custom_LaterThanTwoYearsMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">30,019.9</ix:nonFraction></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zhZKrJwDhphl" title="Future contractual commitments" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">50,365.3</ix:nonFraction></b></span></td>
    <td id="xdx_98A_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_zHuMWWpHBD1g" title="Future contractual commitments" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b><ix:nonFraction name="abev:TotalExposureLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">51,562.0</ix:nonFraction></b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8AF_zEBnQJbZring" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfContingentLiabilitiesExplanatory"><p id="xdx_800_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zttaSlPYPuyi" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>30.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b><span id="f_035"></span><span id="xdx_823_znjT7p2mwtak">CONTINGENCIES</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company has contingent liabilities related to lawsuits
arising in the normal course of its business. <span style="background-color: white">Due to their nature, such legal proceedings involve
certain uncertainties including, but not limited to, court and tribunal rulings, negotiations between affected parties and governmental
actions, and therefore the Company&#8217;s management cannot estimate the likely timing of the resolution of these matters at this stage.
</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Contingent liabilities with a probable outcome are fully recorded
as liabilities (Note 27 - <i>Provisions</i>).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have administrative
and judicial discussions with tax authorities in Brazil related to certain tax treatments adopted when calculating the income tax and
social contribution, for which, based on Management&#8217;s current evaluation, is probable that the tax authorities will accept the
uncertain tax treatment, in accordance with IFRIC 23. The Company also has lawsuits related to other taxes, which involve risk of a possible
loss. To these uncertain tax treatments and possible contingencies there are no provisions recorded, due to the assessment carried out
by Management, with the following composition and estimates:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfEstimatesOfPossibleLossesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89C_ecustom--DisclosureOfEstimatesOfPossibleLossesTextBlock_pn5n6_zEBLkvZf6O2b" summary="xdx: Disclosure - CONTINGENCIES - Estimates of Amounts of Possible Losses (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B9_zcYZgiaTMhYj" style="display: none">Schedule of estimates of possible losses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_98D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--IncomeTaxAndSocialContributionMember_zuYz8zWEz8za" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_IncomeTaxAndSocialContributionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">60,453.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--IncomeTaxAndSocialContributionMember_z6jWTMe6vgn3" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_IncomeTaxAndSocialContributionMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54,258.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Value-added and excise taxes</span></td>
    <td id="xdx_98A_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--ValueAddedAndExciseTaxesMember_zOjORTA3B30j" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_ValueAddedAndExciseTaxesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25,904.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--ValueAddedAndExciseTaxesMember_zHJLwQ3HOTIj" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_ValueAddedAndExciseTaxesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23,912.4</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PIS and COFINS</span></td>
    <td id="xdx_984_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PISAndCOFINSTaxContingentLiabilityMember_z1iDhGfWHyn" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_PISAndCOFINSTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3,293.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PISAndCOFINSTaxContingentLiabilityMember_z4DmEx59rpx" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_PISAndCOFINSTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2,667.6</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Others</span></td>
    <td id="xdx_982_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z38rhrFjkYKh" title="Estimates of amounts of possible losses" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_OtherContingentLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,909.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z1OINrNIvzQ6" title="Estimates of amounts of possible losses" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_OtherContingentLiabilitiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1,606.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231_zzbpA2QJPUpg" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">91,560.7</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231_zVcw6ZdCrmx9" title="Estimates of amounts of possible losses" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">82,445.0</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
</ix:nonNumeric><p id="xdx_8A9_zvU9Ptx3vuK" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have guarantee-insurance
policies and letters of guarantee for some legal actions, presented as guarantee for civil, labor and tax executions or to enable resources
of labor nature.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Principal lawsuits with a likelihood of possible loss</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>Brazilian Federal Taxes</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>Goodwill InBev Holding</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2011, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2005 to 2010 resulting from the InBev Holding Brasil S.A. merger with Ambev. At the administrative
level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings
to discuss the unfavorable portion of the decisions of the Lower and the Upper Administrative Court and requested injunctions to suspend
the enforceability of the remaining tax credit, which were granted.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In June 2016, Ambev received a new tax assessment charging
the remaining value of the goodwill amortization in calendar years 2011 to 2013 and filed a defense. Ambev received partially favorable
decisions at the first level administrative court and Lower Administrative Court. Ambev filed a Special Appeal which was partially admitted
and awaits judgment by the Upper Administrative Court. For the unfavorable portion of the decision, which became final at the administrative
level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining tax credit, which was
granted.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain tax position, as per
IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policie</i>s, as at December 31, 2022 was approximately
R$<span id="xdx_905_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zRs9sQh08EW7"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_TaxContingentLiabilityMember_custom_InbevHoldingBrasilSaMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">11.1</ix:nonFraction>
</span>billion (R$<span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zEbWCf064PFa"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_TaxContingentLiabilityMember_custom_InbevHoldingBrasilSaMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">10.4</ix:nonFraction>
</span>billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit. In the event Ambev is required to pay these amounts, AB-Inbev will reimburse Ambev the amount proportional (<span id="xdx_907_ecustom--EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement_iI_pip0_dp_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zuaROXkPdg7c"><ix:nonFraction name="abev:EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement" contextRef="AsOf2022-12-31_ifrs-full_TaxContingentLiabilityMember_custom_InbevHoldingBrasilSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">70</ix:nonFraction></span>%)
to the benefit received by the company pursuant to the merger protocol, as well as the related costs.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>Goodwill Beverage Associate Holding (BAH)</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In October 2013, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2007 to 2012 resulting from the merger of Beverage Associates Holding Limited (&#8220;BAH&#8221;)
into Ambev. The decision from the first level administrative court was unfavorable to Ambev. Ambev filed an appeal with the Lower Administrative
Court against the decision, which was partially granted. Ambev and the tax authorities filed Special Appeals to the Upper Administrative
Court. In July 2022, the Upper Administrative Court rendered a partially favorable decision to Ambev. The decision did not recognize the
Special Appeal filed by the tax authorities, thereby preserving the portion of the decision rendered by the Lower Administrative Court
that was favorable to Ambev with respect to the qualified penalties applied and the statute of limitation for one of the calendar years
under discussion; this portion of the decision is final. Ambev will file a judicial proceeding to appeal the unfavorable
portion of the decision.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In April and August 2018, Ambev received new tax assessments
charging the remaining value of the goodwill amortization in calendar years 2013 to 2014 and filed defenses. In April 2019, the first
level administrative court rendered unfavorable decisions to Ambev. As a result, thereof, Ambev appealed to the Lower Administrative Court.
In November and</p>


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<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">December 2019, Ambev received partially favorable decisions
at the Lower Administrative Court. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court. The Special
Appeals filed in both tax assessments are awaiting judgment by the Upper Administrative Court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BeverageAssociatesHoldingLimitedMember_zvn0Q1EKCSU1"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_TaxContingentLiabilityMember_custom_BeverageAssociatesHoldingLimitedMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">2.2</ix:nonFraction>
</span>billion (R$<span id="xdx_903_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BeverageAssociatesHoldingLimitedMember_zwigQZpDkySb"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_TaxContingentLiabilityMember_custom_BeverageAssociatesHoldingLimitedMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">2.3</ix:nonFraction>
</span>billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Goodwill CND Holdings</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In November 2017, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev. The decision from the
first level administrative court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court. In February 2020,
the Lower Administrative Court rendered a partially favorable decision. Ambev and the tax authorities filed Special Appeals to the Upper
Administrative Court. The Special Appeal filed by Ambev was partially admitted and is awaiting judgment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In October 2022, Ambev received a new tax assessment
charging the remaining value of the goodwill amortization in calendar year 2017. Ambev has filed a defense and awaits judgment by the
first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_90B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--CerveceraNacionalDominicanaSaMember_zrxH1iVVxCXe" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_TaxContingentLiabilityMember_custom_CerveceraNacionalDominicanaSaMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">1.3</ix:nonFraction></span> billion (R$<span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--CerveceraNacionalDominicanaSaMember_zgWE0W8Ai698" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_TaxContingentLiabilityMember_custom_CerveceraNacionalDominicanaSaMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">0.9</ix:nonFraction></span> billion as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>Goodwill MAG </i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2022, CRBS S.A (a subsidiary of Ambev) received
a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from the merger of RTD Barbados into CRBS.
Ambev filed a defense and awaits judgment by the first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$251 million. Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be applied by the Company impacting calendar
years following those assessed (2021- 2022). In a scenario CRBS is questioned on this matter for future periods, on the same basis and
under the same arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further
assessments would be consistent to the already assessed periods.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>Foreign earnings</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0"><span style="background-color: white">Since
2005, Ambev and certain of its subsidiaries have been receiving assessments from the Brazilian Federal Tax Authorities relating to the
profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels of the courts in Brazil.&#160;</span></p>

<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0"><span style="background-color: white">The
administrative proceedings have resulted in partially favorable decisions, most of which are still subject to review by the Administrative
Court. In August 2022, the Upper Administrative Court rendered favorable decisions to Ambev on two cases related to the taxation of profits
of foreign subsidiaries, one of which recognized the application of the double tax treaty signed by Brazil to mitigate such taxation;
both decisions are final. In October 2022, the Lower Administrative Court rendered a favorable decision to Ambev on a third related case.
Ambev is awaiting formal notification of this decision to analyze its content and any applicable legal motions or appeals. In the judicial
proceedings, Ambev has received favorable injunctions that suspend the enforceability of the tax credit, as well as favorable first level
decisions, which remain subject to review by the second-level judicial court.</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">The updated
assessed amount related to this uncertain tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of
Significant Accounting Policies</i>, as at December 31, 2022 was approximately R$<span id="xdx_904_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zMLu9vhrvc4j" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_DepartmentOfFederalRevenueOfBrazilMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">7.3</ix:nonFraction></span>
billion (R$<span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zvAZwfEvIKqh" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_DepartmentOfFederalRevenueOfBrazilMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">7.5</ix:nonFraction></span>
billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit. For proceedings where it considers the chance of loss to be probable, Ambev recorded a provision in the total amount of
R$<span id="xdx_908_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zkDEZyR9rnY4" title="Total provisions"><ix:nonFraction name="ifrs-full:Provisions" contextRef="AsOf2022-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_DepartmentOfFederalRevenueOfBrazilMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">58</ix:nonFraction></span>
million (R$<span id="xdx_908_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zp24UfoIOIZc" title="Total provisions"><ix:nonFraction name="ifrs-full:Provisions" contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_DepartmentOfFederalRevenueOfBrazilMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">54.1</ix:nonFraction></span>
million as at December 31, 2021)</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Disallowance of Expenses and Deductibility of Losses</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In 2015, 2016 and 2020, Ambev received tax assessments related
to the disallowance of alleged non-deductible expenses and the deduction of certain losses mainly associated to financial investments
and loans. Ambev presented defenses and, in November 2019, received a favorable decision at the first level administrative court regarding
the 2016 case, which is subject to mandatory review by the Lower Administrative Court. In June 2021, Ambev received a partially favorable
decision for the 2020 case at the first level administrative court and filed an appeal to the Lower Administrative Court. The favorable
portion of the decision is also subject to mandatory review by the Lower Administrative Court. In June 2022, Ambev received a partially
favorable decision at the first level administrative court regarding the 2015 case and filed an appeal to the Lower Administrative Court.
The favorable portion of the decision is also subject to mandatory review by the Lower Administrative Court.</p>


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<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain tax
position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zz3X9nsXeLDe" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TaxContingentLiabilityRelatedToExpensesMember_custom_BrazilianTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">5.2</ix:nonFraction></span> billion (R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zSw3PVvANeZh" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TaxContingentLiabilityRelatedToExpensesMember_custom_BrazilianTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">5</ix:nonFraction></span> billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based
on the probability of loss of the lawsuit.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Disallowance of taxes paid abroad</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Since 2014, Ambev has been receiving tax assessments
from the Brazilian Federal Tax Authorities, for calendar years as of 2007, related to the disallowance of deductions associated with alleged
unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative
and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related
to the 2010 tax period), which became definitive.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In January 2020, the Lower Administrative Court rendered
unfavorable decisions regarding four of these assessments related to the periods of 2015 and 2016. In these cases, Ambev filed Special
Appeals to the Upper Administrative Court which are pending judgment. With respect to the cases related to the periods of 2015, 2016,
tax assessments were filed to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue
deductions of taxes paid abroad. In 2021, Ambev received unfavorable decisions from the first level administrative court in two of these
assessments with respect to the 2015 and 2016 isolated fine cases, and filed appeals in connection therewith, which are pending judgment
by the Lower Administrative Court. In 2022, Ambev received an unfavorable decision from the first level administrative court in the second
assessment related to the 2016 isolated fine case and filed an appeal in connection therewith which awaits judgment by the Lower Administrative
Court. In October 2022, Ambev received a new tax assessment charging such isolated fine related to calendar year 2017. Ambev has filed
a defense in this case and awaits judgment by the first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The other cases are still awaiting final decisions at
both administrative and judicial courts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this
uncertain tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>,
as at December 31, 2022 was approximately R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToTaxesPaidAbroadMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zeoBwKb23Ij7"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember_custom_BrazilianTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">12.6</ix:nonFraction> </span>billion
(R$<span id="xdx_90B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToTaxesPaidAbroadMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zdBRNwrchzzj"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember_custom_BrazilianTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">11.3</ix:nonFraction> </span>billion
as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be applied by the Company impacting calendar
years following those assessed (2018- 2022). In a scenario Ambev is questioned on this matter for future periods, on the same basis and
under the same arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further
assessments would be consistent to the already assessed periods.</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In addition, Ambev has been charged isolated fines due
to the non-recognition of tax offsets. Ambev has filed defenses in these cases and awaits judgment by the Administrative Level. The constitutionality
of this penalty is under review at the Supreme Court of Justice (RE 796,939 e ADI 4,905). The updated assessed amount as at 31 December
2022 was approximately R$1.2 billion (R$1.1 billion as at December 31, 2021). Ambev has not recorded any provisions for this matter as
it considers the chance of loss to be possible.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Presumed Profit</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In April 2016, Arosuco (a subsidiary of Ambev) received
a tax assessment regarding the use of the &#8220;presumed profit&#8221; method for the calculation of income tax and the social contribution
on net profits instead of the &#8220;real profit&#8221; method. In September 2017, Arosuco received an unfavorable first level administrative
decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In March 2019, Arosuco received a new tax assessment
regarding the same subject and filed a defense. In October 2019, Arosuco received an unfavorable first level administrative decision and
filed an appeal which is pending judgment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--ArosucoAromasESucosLtdaMember_zLaXnfhZuZv1" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_TaxContingentLiabilityMember_custom_ArosucoAromasESucosLtdaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">581.5</ix:nonFraction></span> million (R$<span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--ArosucoAromasESucosLtdaMember_zqwK8UK1gDmj" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_TaxContingentLiabilityMember_custom_ArosucoAromasESucosLtdaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">534.5</ix:nonFraction></span> million as at December 31, 2021). Arosuco has not recorded any provisions for this
matter based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Disallowance of Income Tax deduction</i></p>

<p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In January 2020, Arosuco (Ambev&#8217;s subsidiary),
received a tax assessment from the Federal Revenue Service of Brazil regarding the disallowance of the income tax reduction benefit provided
for in Provisional Measure No. 2199-14/2001, for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020,
the first level administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision
and awaits judgment by the Lower Administrative Court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount as at December 31, 2022
was approximately R$<span id="xdx_90F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_zHqsgBxSqc6k" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">2.3</ix:nonFraction></span>
billion (R$<span id="xdx_90F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_zVpnXz6exaFe" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">2.1</ix:nonFraction></span>
billion as at December 31, 2021). Arosuco has not recorded any provision for this matter based on the probability of loss of the
lawsuit.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be applied by the Company impacting calendar
years following those assessed (2019-2022) in which it benefited from</p>


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<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">the income tax reduction provided for in Provisional Measure
No. 2199-14/2001. In a scenario Arosuco is questioned on this matter for future periods, on the same basis and arguments as the aforementioned
tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent to the already
assessed periods.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>Deductibility of IOC expenses</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2013, as approved in a Shareholders Meeting, Ambev
implemented a corporate restructuring with the purpose of simplifying its corporate structure and converting into a single class of shares
company, among other factors. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares
of its controlled entity, Companhia de Bebidas das Am&#233;ricas, into Ambev. As one of the results of such restructuring, the counterpart
register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#8217;s
share was accounted, as per IFRS 10, in an equity account of Ambev referred to as carrying value adjustment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In November 2019, Ambev received a tax assessment from
the Brazilian Federal Tax Authorities related to the interest on capital (&#8220;IOC&#8221;) deduction in 2014. The assessment refers
primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and the impact on the increase in
the deductibility of IOC expenses. In August 2020, Ambev received a partially favorable decision at the first level administrative court
and filed an Appeal to the Lower Administrative Court, which awaits judgment. The favorable portion of the decision is subject to mandatory
review by the Lower Administrative Court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2020, Ambev received a new tax assessment
related to the deduction of the IOC in 2015 and 2016. The defense against such new tax assessment was filed by Ambev in January 2021.
In June 2021, Ambev received a partially favorable decision and filed an appeal to the Lower Administrative Court, which also awaits judgment.
Similar to the first tax assessment, the favorable portion of the decision is also subject to mandatory review by the Lower Administrative
Court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2022, Ambev received a new tax assessment
related to the deduction of the IOC in 2017. The defense against this new tax assessment was filed by Ambev in January 2023, which is
pending judgment by the first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 is approximately R$<span id="xdx_90E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToIocExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zMzyzRQTNnrj" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TaxContingentLiabilityRelatedToIocExpensesMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">13.8</ix:nonFraction></span> billion (R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToIocExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zH7aeXzL4wPg" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TaxContingentLiabilityRelatedToIocExpensesMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">10.5</ix:nonFraction></span> billion as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be adopted by the Company as it also distributed
IOC in the years following the assessed period (2018-2022) and deducted</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">such amounts from its Corporate Income Taxes taxable basis.
Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2017, on the same basis and arguments
as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent
to the already assessed periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><i>Tax Loss Offset</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Ambev and certain of its subsidiaries received
a number of assessments from the Brazilian Federal Tax Authorities relating to the offset of tax losses carried forward in the context
of business combinations.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">In February 2016, the Upper Administrative Court
ruled unfavorably to Ambev in two of these cases, following which Ambev filed judicial proceedings. In September 2016, Ambev received
a favorable first level decision in one of the judicial claims which was confirmed by the second-level judicial court in December 2022.
This decision is subject to appeal by the tax authorities. In March 2017, Ambev received an unfavorable first level decision with respect
to the second judicial case and filed an appeal, which is pending judgment by the second-level judicial court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">There is a third case being challenged at the
administrative level in which an unfavorable decision was rendered to Ambev by the Lower Administrative Court in June 2019. Ambev has
appealed this decision and awaits judgment by the Upper Administrative Court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxLossOffsetMember_zDsFhI8vdt7d" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TaxLossOffsetMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">548</ix:nonFraction></span> million (R$<span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxLossOffsetMember_zbp1RvSASOa7" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TaxLossOffsetMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">411.9</ix:nonFraction></span> million as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>PIS and COFINS</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>PIS/COFINS over bonus products</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Since 2015, Ambev has received tax assessments issued
by the Brazilian Federal Tax Authorities relating to PIS/COFINS amounts allegedly due over bonus products granted to its customers. The
cases are being challenged at both the administrative and judicial levels of the courts. In 2019 and 2020, Ambev received final favorable
decisions at the administrative level in some of these cases and favorable decisions in other cases that are still subject to review.
At the judicial level, one case is pending decision by the second level judicial court after the first level judicial court rendered an
unfavorable decision to Ambev.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev management estimates the possible losses related
to these assessments at approximately R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zJqjW4Ztgy46" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">1.6</ix:nonFraction></span> billion as at December 31, 2022 (R$<span id="xdx_906_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zgXgNuCcCSgl" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">1.8</ix:nonFraction></span> billion as at December 31, 2021).</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>ICMS and IPI</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>ICMS tax war</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Ambev is currently challenging tax assessments issued by the
states of S&#227;o Paulo, Rio de Janeiro, Minas Gerais, among others, questioning the legality of ICMS tax credits arising from transactions
with companies that have had tax incentives granted by other states. The cases are being challenged at both the administrative and judicial
level of the courts.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In August 2020, the STF issued a binding decision (Extraordinary
Appeal No. 628.075) recognizing the constitutionality ruling that tax credits granted by the states in the context of the ICMS tax war
shall be consider unlawful. The decision also recognized that potential enforcement of tax assessments previously issued by the states
should abide by the tax incentives validation process provided for in Complementary Law No. 160/17.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">With respect to the assessments issued by the State of S&#227;o
Paulo regarding tax credits from the State of Amazonas, Ambev received unfavorable decisions at the second administrative level in April,
May and June 2022. In these cases, Ambev has filed a motion for reconsideration to the second administrative level. In turn, regarding
assessments received by the States of S&#227;o Paulo and Minas Gerais, among others, there were favorable decisions in 2022, which reduced
the reported contingency by approximately R$0.3 billion.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Ambev&#8217;s management estimates the possible losses related
to these assessments to be approximately R$<span id="xdx_90E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_zjdmL5285DDj" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">1.7</ix:nonFraction></span> billion as at December 31, 2022 (R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_zCkMuEO5R5f6" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">2.0</ix:nonFraction></span> billion as at December 31, 2021) and have not recorded
any provisions in connection therewith.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>ICMS-ST Trigger</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>


<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Over the year, Ambev has received tax assessments to charge
supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established
by the relevant States, cases in which the State tax authorities understand that the calculation basis should be based on a value-added
percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases
are being challenged at both the administrative and judicial levels of the courts. Ambev management estimates the amount related to this
issue to be approximately R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--RelevantStatesMember_zjgsjIqpheek" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_TaxContingentLiabilityMember_custom_RelevantStatesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">9.3</ix:nonFraction></span> billion as at December 31, 2022 (R$<span id="xdx_909_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--RelevantStatesMember_z2nbMaYqfzvh" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_TaxContingentLiabilityMember_custom_RelevantStatesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">8.4</ix:nonFraction></span> billion as at December 31, 2021), which is classified as a possible
loss and, therefore, for which Ambev has made no provision for the period.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>ICMS - PRODEPE</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In 2015, Ambev received a tax assessment issued by the State of Pernambuco to charge
ICMS differences due to an alleged non-compliance with the state tax incentive agreement (&#8220;PRODEPE&#8221;) as a result of the rectification
of its monthly reports. The state tax authorities understood that Ambev was not able to use the incentive due to this rectification. In
2017, Ambev had a final favorable decision in the sense that such</p>


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<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">assessment was null due to formal mistakes of the tax auditor. However, in September
2018, Ambev received a new tax assessment to discuss the same matter. With regards to this new tax assessment, in June 2020 Ambev received
the First Level Administrative decision, which was partially favorable to the Company in the sense of recognizing the miscalculation of
the tax incentive credit by the tax auditor. The favorable portion of the aforementioned decision is final and unappealable. As to the
unfavorable portion, Ambev filed an administrative appeal which is awaiting judgment. Furthermore, there are other assessments related
to PRODEPE, some of which are already being discussed in the judicial level.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0pt; text-align: justify">Ambev management estimates the possible losses related to this issue to be approximately
R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StateOfPernambucoMember_zAY6C6PzLnhl" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_StateOfPernambucoMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">663.9</ix:nonFraction></span> million as at December 31, 2022 (R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StateOfPernambucoMember_zqf1h3Knt2n2" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsContingentLiabilityMember_custom_StateOfPernambucoMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">596.3</ix:nonFraction></span> million as at December 31, 2021) and has made no provision for the period.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Manaus Free Trade Zone - IPI and PIS/COFINS</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In Brazil, goods manufactured within the Manaus Free
Trade Zone intended for remittance elsewhere in Brazil are exempt and/or zero rated from IPI excise tax and social contributions (PIS/COFINS).
With respect to IPI, Ambev has been registering IPI excise tax presumed credits upon the acquisition of exempted goods manufactured therein.
Since 2009, Ambev has been receiving several tax assessments from the Brazilian Federal Tax Authorities relating to the disallowance of
such credits.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Ambev has also been receiving charges from the Brazilian
Federal Tax Authorities in relation to (i) federal taxes allegedly unduly offset with the disallowed presumed IPI excise tax credits that
are under discussion in these proceedings and (ii) amounts of PIS and COFINS allegedly due over Arosuco&#8217;s remittances to Ambev.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In April 2019, the Federal Supreme Court (&#8220;STF&#8221;)
announced its judgment on Extraordinary Appeal No. 592,891/SP, with binding effects, deciding on the rights of taxpayers registering presumed
IPI excise tax credits on acquisitions of raw materials and exempted inputs originating from the Manaus Free Trade Zone. As a result of
this decision, Ambev reclassified part of the amounts related to the IPI cases as remote losses maintaining as possible losses only issues
related to other additional discussions that were not included in the analysis of the STF.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify">The cases are being challenged at both the administrative
and judicial levels. Ambev management estimates the possible losses in relation to these assessments to be R$<span id="xdx_906_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_z5iPE75ObWai" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">5.8</ix:nonFraction></span> billion as at December
31, 2022 (R$<span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_z1HpCziTIe16" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">4.9</ix:nonFraction></span> billion as at December 31, 2020). Ambev has not recorded any provision in connection with these assessments.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify">In addition, Ambev has been charged isolated fines due
to the non-recognition of tax offsets. Ambev has filed defenses in these cases and awaits judgment by the Administrative Level. The constitutionality
of this penalty is under review at the Supreme Court of Justice (RE</p>


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<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">796,939 e ADI 4,905). The updated assessed amount as at 31 December
2022 was approximately R$271.6 million (R$224 million as at December 31, 2021). Ambev has not recorded any provisions for this matter as
it considers the chance of loss to be possible.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>IPI Suspension</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In 2014 and 2015, Ambev received tax assessments from the
Brazilian federal tax authorities relating to IPI excise tax allegedly due over remittances of manufactured goods to other related factories.
The cases are being challenged at both administrative and judicial levels. We&#8217;ve received partially favorable decision at the administrative
level. In July 2022, Ambev received the first judicial decision on this matter; the decision was unfavorable to Ambev and Ambev have filed
an appeal.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">In October 2022, the Upper Administrative Court rendered a partially favorable
decision in one of the cases related to this matter. Ambev awaits the formal notification of this decision to assess whether any portion
of the tax assessment may be challenged at the judicial level.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Ambev management estimates the possible losses related to these assessments to
be approximately R$<span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToIpiExciseTaxesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_ziPIvkoztIC9" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TaxContingentLiabilityRelatingToIpiExciseTaxesMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">1.7</ix:nonFraction></span> billion as at December 31, 2022 (R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToIpiExciseTaxesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zmfe8YZSxTjj" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TaxContingentLiabilityRelatingToIpiExciseTaxesMember_custom_BrazilianFederalTaxAuthoritiesMember" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">1.6</ix:nonFraction></span> billion as at December 31, 2021). Ambev has not recorded any provision in
connection with these assessments.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>ICMS &#8211; AM</i></p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2016, Arosuco (Ambev&#8217;s subsidiary) received
tax assessments issued by the State of Amazonas to charge alleged differences in ICMS due to questions about the calculation basis applied
in sales transactions by Ambev to its subsidiaries. The cases are being challenged at the administrative court. Arosuco management estimates
the possible losses related to these assessments to be approximately R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--TheStateOfAmazonasMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zjfer8AKIzHk" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_TheStateOfAmazonasMember_custom_TheTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">561.5</ix:nonFraction></span> million as at December 31, 2022 (R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--TheStateOfAmazonasMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_z4CdurftljI" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_TheStateOfAmazonasMember_custom_TheTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">521.3</ix:nonFraction></span> million as at December
31, 2021) and has not recorded any provisions in connection therewith.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>ICMS &#8211; ZFM</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2018 and 2021, Ambev received tax assessments from
the States of Rio Grande do Sul and S&#227;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from
transactions with suppliers located in the Manaus Free Trade Zone. With regard to the assessment issued by the State of Rio Grande do
Sul, Ambev received a favorable judgment at the second administrative level in February 2022, which is still subject to appeal by tax
authorities.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">With respect to the assessments issued by the State of
S&#227;o Paulo, Ambev received unfavorable judgments at the first administrative level in May and June 2022. In these cases, we have
filed appeals to the second administrative level.</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Our management estimates the possible losses related
to these assessments to be approximately R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--StatesOfRioGrandeDoSulAndSoPauloMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zI5QwCgymREg" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_StatesOfRioGrandeDoSulAndSoPauloMember_custom_TheTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">730.3</ix:nonFraction></span> million as at December 31, 2022 (R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--StatesOfRioGrandeDoSulAndSoPauloMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zliowJ1IP0r6" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_StatesOfRioGrandeDoSulAndSoPauloMember_custom_TheTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">663.3</ix:nonFraction></span> million as at December 31, 2021). We have not
recorded any provisions in connection therewith.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>ICMS &#8211; FAIN</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Over the last years, Ambev received tax assessments issued
by the State of Para&#237;ba due to an alleged non-compliance with the State Tax Incentive Program (&#8220;FAIN&#8221;). The State tax
authorities&#8217; position was that Ambev could not enjoy the tax incentive granted to Companhia de Bebidas (incorporated company), among
other allegations related to the calculation method of the tax incentive itself.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev management estimates the possible losses related
to these assessments to be approximately R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--StateOfParabaMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zFS6gjxej4l" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2022-12-31_custom_StateOfParabaMember_custom_TheTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">591.4</ix:nonFraction></span> million as at December 31, 2022 (R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--StateOfParabaMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zZf89MmLAkY4" title="Estimated financial effect of contingent liabilities"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentLiabilities" contextRef="AsOf2021-12-31_custom_StateOfParabaMember_custom_TheTaxContingentLiabilityMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">540.5</ix:nonFraction></span> million as at December 31, 2021) and has not
recorded any provisions in connection therewith.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>Contingent assets</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>PIS and COFINS Recovery - exclusion of ICMS (VAT)
from the basis of calculation</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2017, the Brazilian Supreme Federal Court (&#8220;STF&#8221;)
decided for, in the judgment of RE No. 574,706/PR, with binding effects, the unconstitutionality of the inclusion of ICMS in the tax base
of social contributions on gross revenues (&#8220;PIS and COFINS&#8221;). The decision was reaffirmed by the STF in May 2021, in the
judgment of the request for clarification presented by the General Attorney's Office (PGFN), whereby the Court confirmed that the ICMS
to be excluded from the PIS and COFINS tax base is that declared in the invoice. The Court also determined that the decision should apply
retroactively as of March 15, 2017 (date on which the decision on RE 574,706/PR was rendered), except for taxpayers who had judicial and
administrative claims filed before said date (which is the case of the Company and its subsidiaries). As for ICMS under the tax substitution
modality, the Superior Court of Justice (&#8220;STJ&#8221;) began the judgment of Theme 1125 with a favorable vote for taxpayers, therefore
determining the exclusion of this ICMS modality in the tax bases of social contributions on gross revenues (&#8220;PIS and COFINS&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries filed several lawsuits
related to this matter, most with final and unappealable favorable decisions. As the federal tax regime applicable to the soft drinks
and beer sector has changed over time, the Company and its subsidiaries are parties to lawsuits related to three different periods: (i)
1990 to 2009, (ii) 2009 to 2015 (period in which the &#8220;REFRI Taxation Model&#8221; was in force - special soft drinks and beer regime,
provided for Article 58-J of Law No. 10,833, of 2003) and (iii) 2015 onwards (also known as &#8220;New Model Taxation&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From 2018 to 2022, the Company and its subsidiaries recognized,
in accordance with IAS 37, recoverable tax credits related to this matter in the total amount of R$<span id="xdx_908_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231_z1t5LabYgHDf" title="Recoverable tax credits"><ix:nonFraction name="abev:RecoverableTaxCredits" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">9.4</ix:nonFraction></span> billion, of which (i) R$<span id="xdx_901_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom1990To2009Member_ztLO4kXn23Qf" title="Recoverable tax credits"><ix:nonFraction name="abev:RecoverableTaxCredits" contextRef="From2022-01-012022-12-31_custom_TaxCreditPeriodsFrom1990To2009Member" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">0.7</ix:nonFraction></span> billion
is related to periods from 1990 to 2009, (ii) R$<span id="xdx_906_ecustom--RecoverableTaxCredits_pn9n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom2015To2018Member_zxw2UYs43w0i" title="Recoverable tax credits"><ix:nonFraction name="abev:RecoverableTaxCredits" contextRef="From2022-01-012022-12-31_custom_TaxCreditPeriodsFrom2015To2018Member" format="ixt:numdotdecimal" decimals="-9" scale="9" unitRef="BRL">4</ix:nonFraction></span> billion is related to the New Model Taxation, from March 2017, when the Company and
its subsidiaries implemented the judicial decisions authorizing the exclusion of the ICMS from the PIS and COFINS tax base in its regular
transactions and which right of recovery is assured by the decision rendered by the STF in the judgment of RE 574.706/PR, and (iii) R$<span id="xdx_902_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom2009To2015Member_zB5CjilLENpg" title="Recoverable tax credits"><ix:nonFraction name="abev:RecoverableTaxCredits" contextRef="From2022-01-012022-12-31_custom_TaxCreditPeriodsFrom2009To2015Member" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">4.7</ix:nonFraction></span>
billion is related to periods from 2009 to 2015, during which the REFRI Taxation Model was in force.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Part of this amount has already been used to offset other
tax debts according to the final and unappealable decisions rendered in certain judicial lawsuits involving the Company and its subsidiaries.
The outstanding amount of recoverable tax credits remain registered in the asset account (see Note 18 &#8211; <i>Recoverable Taxes</i>).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The accounting recognition of said amounts is due to
(i) the gain being virtually certain considering the decision provided by the STF in RE 574,706/PR and the specific circumstances of each
case; and (ii) the fact that the amount could be estimated with sufficient reliability, by collecting the respective documents and quantifying
the related amount. As to the tax credits related to the period in which the REFRI Taxation Model was in place, the amount could be estimated
with sufficient reliability after several analyses made with the assistance of our external consultants were made. These analyses allowed
us to (i) identify the total ICMS included per liter in the retail selling prices that were verified by the Federal Government at the
time and that had an impact on the reference prices used as a base for the determination of the PIS and COFINS; and (ii) calculate the
exclusion of such ICMS from the tax base of PIS and COFINS in the transactions carried out by the Company and its subsidiaries.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In addition, with respect to the transactions performed
after the implementation of the individual judicial decisions authorizing the exclusion of the ICMS from the PIS and COFINS tax base,
the Company and its subsidiaries had a positive impact of R$5.1 billion, net of the amounts mentioned above, which represented a reduction
in the PIS and COFINS expenses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For additional matters, the Company estimates that the
contingent asset corresponds to R$<span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentAssets_iI_pn8n9_c20221231_zjM6z0NNE8Og" title="Estimated financial effect of contingent assets"><ix:nonFraction name="ifrs-full:EstimatedFinancialEffectOfContingentAssets" contextRef="AsOf2022-12-31" format="ixt:numdotdecimal" decimals="-8" scale="9" unitRef="BRL">0.7</ix:nonFraction></span> billion, which will be recognized once the realization of the gain is virtually certain given the
specific circumstances of the case and upon confirmation of the estimated values with sufficient reliability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><i>Cerbuco Brewing Inc. arbitration</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cerbuco Brewing Inc., (&#8220;Cerbuco&#8221;) a Canadian
subsidiary of Ambev, owns a 50% equity ownership in Cerveceria Bucanero S.A. (&#8220;Bucanero&#8221;), a joint venture in Cuba. In 2021,
Cerbuco initiated an arbitration proceeding at the International Chamber of Commerce (&#8220;ICC&#8221;), relating to a potential breach
of certain obligations relating to the joint venture, with the terms of reference being formally executed in 2022. Depending on the outcome
of the arbitration proceedings, there may be an impact on Cerbuco's ability to influence the management of Bucanero's operations. As a
result, Ambev&#8217;s ability to continue consolidating Bucanero into its financial statements may also be affected. Based on the opinion
of Cerbuco&#8217;s Lawyers, the management estimate the chance of loss as possible. The amount involved has not yet been ascertained,
as it depends on the outcome of the arbitration.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>
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<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfRelatedPartyExplanatory"><p id="xdx_809_eifrs-full--DisclosureOfRelatedPartyExplanatory_zH8W7AbOTUn6" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>31.</b></span><b></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_036"></span><span id="xdx_829_zzNqic2wGURi">RELATED PARTIES</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Policy and practices regarding the realization of transactions with related
parties</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">The Company adopts the corporate governance practices
recommended and/or required by the applicable laws.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">Under the Company&#8217;s by-laws, the Board of Directors
is responsible for approving any transactions or agreements between the Company and/or any of its subsidiaries (except for full subsidiaries),
its directors and/or shareholders (including direct or indirect shareholders of the Company). The Governance Committee of the Company
(previously known as Antitrust Compliance and Related Parties Committee, as update approved by the Board of Directors at meeting attended
on October 14, 2022) is required to advise the Board of Directors on all transactions with related parties, among other subjects.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">Management is prohibited from interfering in any transaction
in which a conflict of interest exists, even in theory, with the Company&#8217;s interests. Management also are not permitted to interfere
in decisions of any other members of management, and the Minutes of Meeting of the Board are required to document any decision to abstain
from the respective deliberations.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s guidelines on related parties require
it to follow reasonable or commutative terms, similar to those prevailing in the market, or under which the Company would contract similar
transactions with third parties. These related parties transactions are clearly disclosed in the financial statements as formalized in
the written contracts.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Transactions with management members</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">In addition to short-term benefits (primarily salaries),
management members are entitled to participate in the Stock Option Plan and Share-Based Payments Plan (Note 25 - <i>Share-based payments</i>).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 297 -->
    <div id="xdx_232_zO24Hp4BF5gi" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_232_zjuefjrUk5Kg" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
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    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0">Total expenses related to the Company&#8217;s management members are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfKeyManagementPersonnelCompensationTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_890_ecustom--DisclosureOfKeyManagementPersonnelCompensationTextBlock_pn5n6_zFUAPUEfPmo1" summary="xdx: Disclosure - RELATED PARTIES - Expenses Related to Management Members (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <tr style="vertical-align: bottom">
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    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits" contextRef="From2022-01-01to2022-12-31" id="Fact007217" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">74.2</ix:nonFraction>&#160;</span></td>
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  <tr id="xdx_40E_eifrs-full--KeyManagementPersonnelCompensationSharebasedPayment_pn5n6_znbj5OgvERFk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Share-based payments&#160;</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F4D_zZ7RaSqbwsR5">(ii)</sup></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment" contextRef="From2022-01-01to2022-12-31" id="Fact007221" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">66.0</ix:nonFraction>&#160;</span></td>
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment" contextRef="From2020-01-012020-12-31" id="Fact007223" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">42.7</ix:nonFraction>&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--KeyManagementPersonnelCompensation_iT_pn5n6_zHszulutPXma" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total key management remuneration&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:KeyManagementPersonnelCompensation" contextRef="From2022-01-01to2022-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">140.2</ix:nonFraction>&#160;</b></span></td>
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  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zgcLK69UDzA" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1B_zzygZ3SBMzn8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote007228" xml:lang="en-US">These mainly correspond to management&#8217;s salaries and profit sharing (including performance bonuses).</ix:footnote></td></tr>
</table>


<p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" border="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zy5VUsWF1Kt5" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F1E_zWpHyTcTNBpj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"><ix:footnote id="Footnote007229" xml:lang="en-US">These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration
paid to members of the Fiscal Council.</ix:footnote></td></tr>
</table>


</ix:nonNumeric><p id="xdx_8AC_z5fAiJidOqHh" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Excluding the above mentioned plan (Note 25 - <i>Share-based
payments</i>), the Company no longer has any types of transaction with the Management members or pending balances receivable or payable
in its balance sheet.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Transactions with the Company's shareholders:</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>a) Medical, dental and other benefits</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Funda&#231;&#227;o Zerrenner is one of Ambev&#8217;s
shareholders, and at December 31, 2022 held <span id="xdx_90F_ecustom--PercentageOfOwnershipHeldByARelatedParty_iI_pip0_dp_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zKPdI2Zh9l88" title="Percentage of ownership held by a related party"><ix:nonFraction name="abev:PercentageOfOwnershipHeldByARelatedParty" contextRef="AsOf2022-12-31_custom_FundacaoZerrennerMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">10.2</ix:nonFraction></span>% of its total share capital. Funda&#231;&#227;o Zerrenner is also an independent
legal entity whose main goal is to provide Ambev&#8217;s employees, both active and retired, with health care and dental assistance, technical
and higher education courses, facilities for assisting elderly people, either directly or through financial assistance agreements with
other entities. As at December 31, 2022 and December 31, 2021, actuarial obligations related to the benefits provided directly by Funda&#231;&#227;o
Zerrenner were fully funded by plan assets, held for that purpose, which significantly exceeded the liabilities at these dates. Ambev
recognizes the assets (prepaid expenses) of this plan to the extent of the economic benefits available to the Company, arising from reimbursements
or from reductions in future contributions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The expenses incurred by Funda&#231;&#227;o Zerrenner
with third parties, for providing these benefits totaled R$<span id="xdx_902_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zddQuWFSDv9e" title="Expenses incurred by a related party"><ix:nonFraction name="abev:ExpensesIncurredByARelatedParty" contextRef="From2022-01-012022-12-31_custom_FundacaoZerrennerMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">308.8</ix:nonFraction></span> (R$<span id="xdx_90A_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zTm5jrNgG8t8" title="Expenses incurred by a related party"><ix:nonFraction name="abev:ExpensesIncurredByARelatedParty" contextRef="From2021-01-012021-12-31_custom_FundacaoZerrennerMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">279.4</ix:nonFraction></span> as at December 31, 2021), of which R$<span id="xdx_900_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--ActiveEmployeesMember_zXwvWk7OZM6h" title="Expenses incurred by a related party"><ix:nonFraction name="abev:ExpensesIncurredByARelatedParty" contextRef="From2022-01-012022-12-31_custom_FundacaoZerrennerMember_custom_ActiveEmployeesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">270.7</ix:nonFraction></span> and R$<span id="xdx_908_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--RetireesMember_zF5ogxv6ywsb" title="Expenses incurred by a related party"><ix:nonFraction name="abev:ExpensesIncurredByARelatedParty" contextRef="From2022-01-012022-12-31_custom_FundacaoZerrennerMember_custom_RetireesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">38.1</ix:nonFraction></span> were related
to active employees and retirees respectively (R$<span id="xdx_90A_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--ActiveEmployeesMember_zuOmh83mG7Nf" title="Expenses incurred by a related party"><ix:nonFraction name="abev:ExpensesIncurredByARelatedParty" contextRef="From2021-01-012021-12-31_custom_FundacaoZerrennerMember_custom_ActiveEmployeesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">247.2</ix:nonFraction></span> and R$<span id="xdx_905_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--RetireesMember_zCJqbk0QbE07" title="Expenses incurred by a related party"><ix:nonFraction name="abev:ExpensesIncurredByARelatedParty" contextRef="From2021-01-012021-12-31_custom_FundacaoZerrennerMember_custom_RetireesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">32.2</ix:nonFraction></span> as at December 31, 2021 related to active employees and retirees respectively).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>b) Licensing agreement</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company have a licensing agreement with Anheuser-Busch,
Inc. to produce, bottle, sell and distribute <i>Budweiser</i> products in Brazil, Canada and Argentina, and sales and distribution agreements
for Budweiser products in Guatemala, the Dominican Republic, Paraguay, El Salvador, Nicaragua, Uruguay, Chile, Panama, Costa Rica and
Puerto Rico. In addition, the Company produces and distributes <i>Stella Artois</i> products under a license to ABI in Brazil and Canada
and, through a license granted to ABI, also distributes <i>Brahma</i> products in the United States and several other countries such
as the United Kingdom, Spain, Sweden, Finland and Greece.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 298 -->
    <div id="xdx_23C_zhXdjCSCG4l8" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_236_zewZz1s2g67i" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_233_zbWL7TDEome1" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_237_zEMsOHWXezzd" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have licensing agreements
with the Group Modelo, subsidiaries of AB Inbev to import, produce, promote and sell Corona products (<i>Corona Extra</i>, <i>Corona
Light</i>, <i>Coronita</i>, <i>Pacifico</i> and <i>Modelo</i>) in Latin America and Canada and with Spaten-Franziskaner-Br&#228;u GmbH,
a subsidiary of ABI, to produce, promote, advertise and sell <i>Spaten</i> in Brazil.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In this context, the Company recorded R$<span id="xdx_909_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zcd9R4qjISU2" title="Transfers under licence agreements from entity, related party transactions"><ix:nonFraction name="ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschIncMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">22.6</ix:nonFraction></span> (R$<span id="xdx_900_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zLz6M4r2o46i" title="Transfers under licence agreements from entity, related party transactions"><ix:nonFraction name="ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschIncMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">17.0</ix:nonFraction></span>
as at December 31, 2021 and R$<span id="xdx_907_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zuFi12Js9XHa" title="Transfers under licence agreements from entity, related party transactions"><ix:nonFraction name="ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschIncMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">2.1</ix:nonFraction></span> as at December 31, 2020) and R$<span id="xdx_902_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zp57AxqNJmpj" title="Transfers under licence agreements to entity, related party transactions"><ix:nonFraction name="ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschIncMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">736.7</ix:nonFraction></span> (R$<span id="xdx_90B_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zxFzjzYkY8Ha" title="Transfers under licence agreements to entity, related party transactions"><ix:nonFraction name="ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschIncMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">819.0</ix:nonFraction></span> as at December 31, 2021 and R$<span id="xdx_90B_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_z0HfwIDecN2l" title="Transfers under licence agreements to entity, related party transactions"><ix:nonFraction name="ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschIncMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">644.0</ix:nonFraction></span> as at December 31,
2020) as licensing income and expenses, respectively.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Transactions with related parties</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"><table cellspacing="0" cellpadding="0" id="xdx_898_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_pn5n6_z1LmTUKEOa02" summary="xdx: Disclosure - RELATED PARTIES - Transactions With Related Parties (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_z7ALxkOQDHGi" style="display: none">Schedule of Transactions with related parties</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
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    <td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>Other trade receivables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup></span></b></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Africa</span></td>
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    <td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zsLIpQ1WyS7k" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7261">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zf0dKWkmt5K4" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7263">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB InBev</span></td>
    <td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zdfK8jedTG88" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">142.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zYIA4dmpSyOh" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7267">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z43FWmjmLNDa" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">82.0</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Package</span></td>
    <td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zcChoFGnDtxb" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7271">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zZz2pHjo7Lej" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7273">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUWc2GaTf3Ve" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_AnheuserBuschPackageMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">79.3</ix:nonFraction>)&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Services</span></td>
    <td id="xdx_982_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zsFRyyIqqSTl" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_AnheuserBuschInbevServicesLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zCuQx2LgpcH" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7279">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIudp1T8hZi8" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_AnheuserBuschInbevServicesLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">5.7</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB USA</span></td>
    <td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zH5PgtjYmTNk" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">71.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zmPRm9TMu1H" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7285">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_ztA575N5X8te" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">237.7</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bavaria</span></td>
    <td id="xdx_988_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_ztboKv0lMHU9" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_BavariaSaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">13.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zrJl7z1TLMyj" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7291">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zR5aBtctBLeg" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_BavariaSaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">6.9</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zAf4AT3QIPPf" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_CerveceriaModeloDeMexicoSDeRlDeCvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">12.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1Wc9B03c0Mb" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7297">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z9HZROIWld62" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_CerveceriaModeloDeMexicoSDeRlDeCvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">345.5</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;as Peruanas</span></td>
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    <td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOBTyfezLGZ2" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7303">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zqmx2LZjbyaj" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_CerveceriaPeruanasMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">46.4</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inbev</span></td>
    <td id="xdx_985_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zk9WhUOeTlxk" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.0</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zVggyqtfBYqj" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:OtherTradeReceivablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">23.9</ix:nonFraction>&#160;</span></td>
    <td id="xdx_985_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zjTvGZCFDT23" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2022-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">12.2</ix:nonFraction>)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panam&#225; Holding</span></td>
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  <tr style="background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
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  <tr>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zypg0GTAT2G6" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7333">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zKUcTopRAuPb" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7335">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_ztAGeywFnhWh" title="Dividends receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7337">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB InBev</span></td>
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    <td id="xdx_989_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z1lS9sYFFKkf" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7341">-</span>&#160;&#160;&#160;</span></td>
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    <td id="xdx_980_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zu7MfAfTRky2" title="Dividends receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7345">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB&#160;Package&#160;</span></td>
    <td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zTQgx8uESu0f" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7347">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z0ME81T41566" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7349">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zF7aTcSk10ej" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_AnheuserBuschPackageMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">63.1</ix:nonFraction>)</span></td>
    <td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zYvsmq93yxI3" title="Dividends receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7353">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB&#160;Services&#160;</span></td>
    <td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zuLmiVebTlAf" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_AnheuserBuschInbevServicesLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">32.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIRgswmWbaf8" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7357">-</span>&#160;&#160;&#160;</span></td>
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    <td id="xdx_98B_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zMlpnzqPLag" title="Dividends receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7361">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB USA</span></td>
    <td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zOUqn8fgw0Tk" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">34.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zM4JIKWxdKf5" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:OtherTradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">11.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_987_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zgCZr4gv32N5" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">330.7</ix:nonFraction>)&#160;</span></td>
    <td id="xdx_98C_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zXYvhv6pzip8" title="Dividends receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7369">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bavaria</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;a Modelo</span></td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;as&#160;Peruanas&#160;</span></td>
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  <tr style="background-color: rgb(204,238,255)">
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    <td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zqr8EArTJnR4" title="Trade receivables, related parties" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.8</ix:nonFraction>&#160;</span></td>
    <td id="xdx_982_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zzicLc4sGAtb" title="Other trade receivables, related parties" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:OtherTradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">26.4</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zuLSy26VxZR4" title="Trade payables, related parties" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">26.4</ix:nonFraction>)&#160;</span></td>
    <td id="xdx_98D_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZtl87BNrIhi" title="Dividends receivables" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7401">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zk3LDGB25R8e" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7405">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_ztdMeU6XzfWe" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7407">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="background-color: rgb(204,238,255)">
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    <td id="xdx_986_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zDyxeIvoU9w1" title="Other trade receivables, related parties" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<ix:nonFraction name="abev:OtherTradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_ifrs-full_OtherRelatedPartiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zb0M8I44wyii" title="Trade payables, related parties" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions" contextRef="AsOf2021-12-31_ifrs-full_OtherRelatedPartiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">44.5</ix:nonFraction>)&#160;</span></td>
    <td id="xdx_988_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_ztvk1Ny7O945" title="Dividends receivables" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7417">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zRT2RYKcdzhg" title="Trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:TradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">155.1</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zNXk5Ncj0jM7" title="Other trade receivables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:OtherTradeReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">39.0</ix:nonFraction>&#160;</b></span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20211231_zNZlQYFVGXU5" title="Trade payables, related parties" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(<ix:nonFraction name="abev:TradePayablesRelatedPartyTransactions1" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,210.7</ix:nonFraction>)</b></span></td>
    <td id="xdx_989_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_ztULRiPC3i15" title="Dividends receivables" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<ix:nonFraction name="abev:DividendsReceivablesRelatedPartyTransactions" contextRef="AsOf2021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.5</ix:nonFraction>&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 8pt/115% Times New Roman,serif; margin: 0">(i) The amount represents trading operations (purchase and sale) and reimbursements
between the companies of the group.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 43%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Trade payables</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Trade payables</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ITW International</span></td>
    <td id="xdx_981_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zoYV7NiH1aY8" title="Noncurrent trade payables, related parties" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:NoncurrentTradePayablesRelatedParties" contextRef="AsOf2022-12-31_custom_InterbrewInternationalBvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">343.6</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zTfozJ8YY7t8" title="Noncurrent trade payables, related parties" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(<ix:nonFraction name="abev:NoncurrentTradePayablesRelatedParties" contextRef="AsOf2021-12-31_custom_InterbrewInternationalBvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">407.9</ix:nonFraction>)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 299 -->
    <div id="xdx_23A_zAhjQjSR6Jhe" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_231_zcix8EqFQoOj" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23C_zdCuIOFJmu1c" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23D_zXusRpkt6oel" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>


<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The tables below represent transactions with related
parties, recognized in the income statement:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Company</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Sales and other</b></span></td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other receivables</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Product purchases and other</b></span></td>
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other payables</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net finance cost</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB InBev</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zlhT6lnbX9r6" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zzHVRUkhMzGf" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">5.2</ix:nonFraction>&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z0QGbaOHwJmk" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">117.3</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zRhIM2DXYqJ" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8.5</ix:nonFraction>)</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zqXBYJdvNKF6" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:NetFinanceCostRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">208.7</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgxieD5fGIt1" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7445">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zXjAct2QbYSc" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7447">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zpcfawFRrmr6" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschPackageMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">356.8</ix:nonFraction>)</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7451">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7453">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zihJmmr1miuf" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7455">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_ztfarhhfhspf" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7457">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z0mqGbRUjGZa" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7459">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z3OMXhNInAhg" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschProcurementMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">18.1</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_pn6n5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7463">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzhD24w5gZn4" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">25.5</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zPMOieYfpXP5" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7467">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zyGAFVxKJVNl" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,129.7</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zuQgd96dxHad" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.2</ix:nonFraction>)</span></td>
    <td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_pn5n5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7473">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Ambev Peru</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zo26dAgTo4gk" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_AmbevPeruMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.6</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zoNTNp50ELal" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7477">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zNo8SQQB6lOf" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7479">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7481">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7483">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
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    <td id="xdx_98D_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zNCZQ27xtFc1" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_BavariaSaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">32.0</ix:nonFraction>&#160;</span></td>
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    <td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zubmmT2HjJvc" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_BavariaSaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">56.7</ix:nonFraction>)</span></td>
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  <tr style="background-color: rgb(204,238,255)">
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    <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zcGkfW59VlAh" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_CerveceriaModeloDeMexicoSDeRlDeCvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">124.4</ix:nonFraction>&#160;</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zmK5SRVchILf" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_CerveceriaModeloDeMexicoSDeRlDeCvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,323.6</ix:nonFraction>)</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7501">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7503">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zVkWauzHjWG5" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_CerveceriaPeruanasMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">1.7</ix:nonFraction>&#160;</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zlAGZCNfW5Gl" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_CerveceriaPeruanasMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">49.6</ix:nonFraction>)</span></td>
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    <td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7513">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
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    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zPEG83RehrY7" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7517">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zSDh1VwOklta" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7519">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7Jvl14FQo17" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_GCCIndiaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7.1</ix:nonFraction>)</span></td>
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  <tr style="background-color: White">
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    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZyuZ9UfKaCg" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7525">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_z3i8wc7p7o8g" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7527">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zOAwZ7phpN95" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">129.8</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7531">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7533">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ITW International</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zbQE6YyX70rk" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7535">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zFotqsEAkQJ1" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7537">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z1mLEoc91Hok" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7539">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_pn6n5" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7541">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z0kNCeNA0Sah" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:NetFinanceCostRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_custom_InterbrewInternationalBvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">37.3</ix:nonFraction>&#160;</span></td></tr>
  <tr style="background-color: White">
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    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zTJbgU3PLOU7" title="Sales/service fees/reimbursement of expenses and others, related parties" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="abev:SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2022-01-012022-12-31_ifrs-full_OtherRelatedPartiesMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">9.6</ix:nonFraction>&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr>
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    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
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    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zn8CO5gfWEz9" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.7</ix:nonFraction>&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zaFP8XnXCYI" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7567">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zMXvKrr3iZxi" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">180.3</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zN1QKwgthWFg" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">10.7</ix:nonFraction>)</span></td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_ztIV4Rjtutge" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7575">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z5AD705Lgn2h" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7577">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zc6LnSbTkMNc" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschPackageMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">286.7</ix:nonFraction>)</span></td>
    <td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z39v90AkU5y9" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7581">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zQkYo3rx4Qpj" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7583">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDnxwinQONia" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7585">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zxuX03FfIaRl" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7587">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zOsFKYkff3ie" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7589">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpqBDj9MkOoh" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschProcurementMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">16.1</ix:nonFraction>)</span></td>
    <td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zelIUiQqGwml" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7593">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkdSKqWsQAS4" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">32.1</ix:nonFraction>&#160;</span></td>
    <td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zR6acmaxz8ca" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7597">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zBGkmGigMmH9" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,209.9</ix:nonFraction>)</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUmV9PI3Tc98" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3.9</ix:nonFraction>)</span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Ambev Peru</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zCSxu4dI53Wh" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_AmbevPeruMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">3.2</ix:nonFraction>&#160;</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="background-color: White">
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    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zu7yf9IQUnBj" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_BavariaSaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">57.0</ix:nonFraction>)</span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;a Modelo</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z2GgAUmUGN2k" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_CerveceriaModeloDeMexicoSDeRlDeCvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">1,708.2</ix:nonFraction>)</span></td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zJGZYfNKCnI9" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_CerveceriaPeruanasMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">32.9</ix:nonFraction>)</span></td>
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    <td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOhM2gZPBvYc" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7643">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">GCC India</span></td>
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    <td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zyRKTIrp4DH6" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7647">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z0ArqXTh7Kld" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7649">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z1j2NO9TYud8" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_GCCIndiaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">8.2</ix:nonFraction>)</span></td>
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  <tr style="background-color: White">
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    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlLXBI7jHPxk" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7655">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcx2fCkMgxKh" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7657">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zbaHVdLjkbJ3" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">107.9</ix:nonFraction>)</span></td>
    <td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcHZ4BXq50L1" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7661">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsTFeStj5lzi" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7663">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ITW International</span></td>
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    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zfQpRuWCbC22" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7667">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zsjLnH3HfDAf" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7669">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other</span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zuBSboyQSdF3" title="Sales and others, related parties" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">90.4</ix:nonFraction>&#160;</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zZl6JAu2P6yc" title="Buying and others, related parties" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2021-01-012021-12-31" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">3,725.9</ix:nonFraction>)</b></span></td>
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  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Company</b></span></td>
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    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
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    <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zo8PsmuQIzW6" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.3</ix:nonFraction>&#160;</span></td>
    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zVZjQgu9LoY3" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7697">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zuRiQkTU5Ac7" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">80.6</ix:nonFraction>)</span></td>
    <td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zAtwZLlBFf3d" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschInBevNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">9.9</ix:nonFraction>)</span></td>
    <td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zpfQf1KF0ac4" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7703">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zulYTAcVuxrb" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7705">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUmsJVC2i5M3" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7707">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgqlOcvnWjOf" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschPackageMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">159.2</ix:nonFraction>)</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z2g3hWKsw9J2" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7711">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zudwaMFWE5z5" title="Net finance cost, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7713">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zLY5Z8yhV4A6" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschProcurementMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">0.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpFqTAqx4myh" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7717">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNiINHeO0rN" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschProcurementMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.6</ix:nonFraction>)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDOkHmfrpwfk" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschProcurementMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">17.3</ix:nonFraction>)</span></td>
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  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzcZK7de4Q18" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_AnheuserBuschInbevUsaLlcMember" format="ixt:numdotdecimal" decimals="-5" scale="6" unitRef="BRL">35.2</ix:nonFraction>&#160;</span></td>
    <td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUayry8i2Mkk" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7727">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
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  <tr style="background-color: White">
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsZAticbtESf" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_CerveceriaPeruanasMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">40.3</ix:nonFraction>)</span></td>
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  <tr style="background-color: White">
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    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7ULZczqzeZi" title="Sales/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7767">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zmo3fEHf1zPg" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7769">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zY7XCK2oZPs6" title="Buying/service fees/reimbursement of expenses and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="abev:ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_GCCIndiaMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">7.3</ix:nonFraction>)</span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inbev</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zUavIr2SuMrg" title="Sales and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:RevenueFromSaleOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">0.9</ix:nonFraction>)</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsNnx531axm9" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(<ix:nonFraction name="ifrs-full:PurchasesOfGoodsRelatedPartyTransactions" contextRef="From2020-01-012020-12-31_custom_InbevBelgiumNvMember" format="ixt:numdotdecimal" decimals="-5" scale="6" sign="-" unitRef="BRL">102.3</ix:nonFraction>)</span></td>
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  <tr style="background-color: White">
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zun4cXDfso6j" title="Buying and others, related parties" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7789">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="background-color: rgb(204,238,255)">
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  </table>
</ix:nonNumeric><p id="xdx_8AE_zgdpZ27BBPI7" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<ix:exclude><!-- Field: Page; Sequence: 300 -->
    <div id="xdx_231_z7ErigdZdbU" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_237_zU5onuKh3qz9" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_23A_zXjsxihlkGqg" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23A_zgbNuVQG0zQ8" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_23A_zBg0GAIMo6ea" style="font: 10pt/115% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p></ix:exclude>

<p style="font: 12pt Times New Roman,serif; margin: 0"><span style="text-decoration: underline">List of companies included in the tables above</span>:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 100%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">AB InBev Procurement GmbH (&#8220;AB Procurement&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Ambrew S.A.R.L. (&#8220;Ambrew&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Inbev Africa (Pty) Ltd. (&#8220;AB Africa&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch InBev N.V. (&#8220;AB InBev&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Inbev Services LLC (&#8220;AB Services&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Inbev USA LLC (&#8220;AB USA&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Packaging Group Inc. (&#8220;AB Package&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Bavaria S.A. (&#8220;Bavaria&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Cervecer&#237;a Modelo de Mexico S. de R.L. de C.V. (&#8220;Cervecer&#237;a Modelo&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Cervecer&#237;a Nacional S de RL (&#8220;Panam&#225; Holding&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Compa&#241;ia Cervecera Ambev Peru S.A.C. (&#8220;Ambev Peru&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">GCC Services India Private Ltd. (&#8220;GCC India&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Inbev Belgium N.V. (&#8220;Inbev&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Interbrew International B.V. (&#8220;ITW International&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Oriental Brewery Co. Ltd. (&#8220;Oriental Brewery&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Uni&#243;n de Cervecerias Peruanas Backus Y Johnston S.A.A. (&#8220;Cervecer&#237;as Peruanas&#8221;)</span></td></tr>
  </table>
<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"><p id="xdx_80C_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_zm0hLOJhpBm8" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>32.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b><span id="f_037"></span><span id="xdx_822_zzhKohpbBp9g">GROUP COMPANIES</span></b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 0 22.95pt; text-align: justify; text-indent: -22.7pt">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">List of most significant fully consolidated companies:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="abev:DisclosureOfConsolidatedSubsidiariesTextBlock"><table cellspacing="0" cellpadding="0" id="xdx_89F_ecustom--DisclosureOfConsolidatedSubsidiariesTextBlock_pn5n6_zy2sCqzNEvag" summary="xdx: Disclosure - GROUP COMPANIES - Consolidated Companies (Details)" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"><span id="xdx_8B2_z7KM7vC3Eupe" style="display: none">Schedule
    of consolidated companies</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 82%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><br />
<b>Argentina</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">CERVECER&#205;A Y MALTERIA QUILMES SAICA Y G</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">Charcas 5160 - Buenos Aires</p></td>
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  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Bolivia</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
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    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A BOLIVIANA NACIONAL S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Avenida Montes 400 e Rua Chuquisaca 121 - La Paz</p></td>
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  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Brazil</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">AMBEV S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Rua Dr. Renato Paes de Barros, 1.017, 3&#186; andar,
    Itaim Bibi, S&#227;o Paulo</p></td>
    <td id="xdx_98B_ecustom--StatusOfOwnershipInterestInSubsidiary_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AmbevSaMember_zi6fX19wZYT2" title="Status of ownership interest in subsidiary" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonNumeric contextRef="From2022-01-012022-12-31_custom_Brazil1Member_custom_AmbevSaMember" name="abev:StatusOfOwnershipInterestInSubsidiary">Consolidating</ix:nonNumeric></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">AROSUCO AROMAS E SUCOS LTDA.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">Avenida Buriti, 5.385, Distrito Industrial - Manaus - AM</p></td>
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  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CRBS S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Avenida Antarctica, 1.891, Fazenda Santa &#218;rsula
    - Jaguari&#250;na - SP</p></td>
    <td id="xdx_986_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CrbsSaMember_zPFy4FS5dwp3" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Brazil1Member_custom_CrbsSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVEJARIA Z.X. S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Avenida Antarctica, 1.891, Fazenda Santa &#218;rsula
    - Jaguari&#250;na - SP</p></td>
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    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: right">&#160;</p>
    <p id="xdx_983_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CervejariaZxMember_zVIaJBTG1R82" title="Proportion of ownership interest in subsidiary" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: right"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Brazil1Member_custom_CervejariaZxMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</p></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Canada</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">LABATT BREWING COMPANY LTD.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">207 Queens Quay West, Suite 299 - M5J 1A7 - Toronto</p></td>
    <td id="xdx_98A_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Canada1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LabattBrewingCompanyLimitedMember_zqenVoOuMtha" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Canada1Member_custom_LabattBrewingCompanyLimitedMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
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<ix:exclude><!-- Field: Page; Sequence: 301 -->
    <div id="xdx_234_zOsKl9koZSy5" style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td id="xdx_23A_z99CwuQImUsj" style="text-align: center; width: 100%">&#160;</td></tr></table></div>
    <div id="xdx_236_zMkh701JVvZ5" style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="font: 8pt Times New Roman, Times, Serif; text-align: left; width: 100%"><a href="#toc" style="font-style: italic">Table of Contents</a>&#160;</td></tr><tr><td id="xdx_23A_zbzGC4mZhAPf" style="text-align: center">&#160;</td></tr></table></div>
    <!-- Field: /Page --></ix:exclude>

<ix:exclude><p id="xdx_23E_z449ShacRlw3" style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p></ix:exclude>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 82%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Chile</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A CHILE S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Avenida Presidente Eduardo Frei Montalva, 9.600 - Quilicura
    - Santiago</p></td>
    <td id="xdx_98B_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChilaMember__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CervecriaChileSAMember_zesGd3CJFGvk" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_ChilaMember_custom_CervecriaChileSAMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Spain</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">JALUA SPAIN, S.L.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Juan Vara Ter&#225;n, 14 - Ilhas Can&#225;rias</p></td>
    <td id="xdx_987_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Spain1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--JaluaSpainSlMember_zcty3FCRtjNi" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Spain1Member_custom_JaluaSpainSlMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Luxembourg</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">AMBEV LUXEMBOURG</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">15 Breedewues - L1259 - Senningerberg</p></td>
    <td id="xdx_98E_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Luxembourg1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AmbevLuxembourgMember_zdRsKmA08e73" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Luxembourg1Member_custom_AmbevLuxembourgMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Guatemala</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">INDUSTRIAS DEL ATL&#193;NTICO S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">KM 122 Ruta al Atlantico - C.P 01012 Teculutan, Zacapa</p></td>
    <td id="xdx_982_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Guatemala1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--IndustriasDelAtlnticoSaMember_zAecajUjzyNi" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Guatemala1Member_custom_IndustriasDelAtlnticoSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">50.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Paraguay</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A PARAGUAYA S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Ruta Villeta KM 30 - Ypan&#233;</p></td>
    <td id="xdx_984_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Paraguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaParaguayaSaMember_zIpxIzdxefSl" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Paraguay1Member_custom_CerveceriaParaguayaSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">87.35</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Dominican Republic</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A NACIONAL DOMINICANA, S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Autopista 30 de Mayo, Distrito Nacional</p></td>
    <td id="xdx_989_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanRepublic1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceraNacionalDominicanaSaMember_zsY5dR9aHq43" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_DominicanRepublic1Member_custom_CerveceraNacionalDominicanaSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">85.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Uruguay</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">LINTHAL S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">25 de Mayo 444, office 401 - Montevideo</p></td>
    <td id="xdx_98A_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Uruguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LinthalSaMember_zDu7mEJHIsyb" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Uruguay1Member_custom_LinthalSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A Y MALTERIA PAYSANDU S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Cesar Cortinas, 2.037 - Montevideo</p></td>
    <td id="xdx_985_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Uruguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaYMalteriaPayssandSaMember_zoEYAuM345Xc" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Uruguay1Member_custom_CerveceriaYMalteriaPayssandSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">MONTHIERS S.A.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Cesar Cortinas, 2.037 - Montevideo</p></td>
    <td id="xdx_98B_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Uruguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MonthiersSaMember_zUrnFQ9KhS3e" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Uruguay1Member_custom_MonthiersSaMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><b>Panama</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A NACIONAL S. DE R.L.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">Avenida Ricardo J. Alfaro, Corregimiento de Betania, Distrito de Panam&#225;</p></td>
    <td id="xdx_988_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Panama1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaNacionalSDeRlMember_zJNgFoGJT0nb" title="Proportion of ownership interest in subsidiary" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"><ix:nonFraction name="ifrs-full:ProportionOfOwnershipInterestInSubsidiary" contextRef="From2022-01-012022-12-31_custom_Panama1Member_custom_CerveceriaNacionalSDeRlMember" format="ixt:numdotdecimal" decimals="INF" scale="-2" unitRef="Pure">100.00</ix:nonFraction>%</span></td></tr>
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</ix:nonNumeric><p id="xdx_8A9_zOvcmX4TJpLj" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><ix:nonNumeric contextRef="From2022-01-01to2022-12-31" escape="true" name="ifrs-full:DisclosureOfInsuranceContractsExplanatory"><p id="xdx_80D_eifrs-full--DisclosureOfInsuranceContractsExplanatory_znoSS0eeCCG6" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>33.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_038"></span><span id="xdx_820_z8bwm3nkdM52">INSURANCE</span></b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company has a program of risk management requiring
it to obtain insurance coverage compatible with its size and operations. Coverage was contracted at amounts considered sufficient by management
to cover possible losses, considering the nature of the Company&#8217;s activities, the risks involved in its operations and the guidance
of its insurance advisors.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

</ix:nonNumeric><p id="xdx_819_zIats0Cp8IB7" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<TYPE>EX-2.2
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     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 2.2 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>DESCRIPTION OF SECURITIES REGISTERED UNDER SECTION
12 OF THE EXCHANGE ACT </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">As of December&nbsp;31, 2022, Ambev S.A. (&ldquo;Ambev,&rdquo;
the &ldquo;Company,&rdquo; &ldquo;we,&rdquo; &ldquo;us,&rdquo; and &ldquo;our&rdquo;) had the following classes of securities registered
pursuant to Section&nbsp;12(b) of the Securities Exchange Act of 1934:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><B>Title of each class</B></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><B>Trading symbol(s)</B></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><B>Name&nbsp;of&nbsp;each&nbsp;exchange<BR>
on which registered</B></TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: bottom; border-left: black 1pt solid; border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center">Common shares without par value*</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center">ABEV</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center">New York Stock Exchange*</TD>
    </TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: bottom; border-left: black 1pt solid; border-bottom: black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">American Depositary Shares**,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">each representing one common share</P></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center">ABEV</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center">New York Stock Exchange**</TD>
    </TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 37%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 23%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 24%">&nbsp;</TD>
    </TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">*</TD><TD STYLE="text-align: justify">Not for trading, but only in connection with the registration of the American depositary shares (the &ldquo;ADSs&rdquo;),
representing such common shares, pursuant to the requirements of the SEC.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evidenced
by American depositary receipts (&ldquo;ADRs&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-indent: 24.5pt">Capitalized terms used but not defined in this
Exhibit 2.2 shall have the meaning given to such terms in the Ambev&rsquo;s Annual Report on Form 20-F for the fiscal year ended December
31, 2022 (the &ldquo;2022 Form 20-F&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>COMMON SHARES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">The following description
of Ambev&rsquo;s common shares is a summary of the material provisions concerning our common shares, bylaws and the Brazilian Corporation
Law. In Brazil, the principal governing document of a corporation is its bylaws (<I>Estatuto Social</I>). This description is qualified
in its entirety by reference to the Brazilian Corporation Law and our bylaws. An English translation of the bylaws is incorporated by
reference as Exhibit 1.1 to the 2022 Form 20-F. A copy of our bylaws (together with an English translation) is also available for inspection
at the principal office of the depositary and at our website (www.ri.ambev.com.br).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25in 0 0; text-align: justify"><B>General</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">Our common shares are listed
and admitted to trade on the traditional segment of the B3 under the ticker symbol &ldquo;ABEV&rdquo;. Our common shares are listed on
the New York Stock Exchange not for trading, but only in connection with the registration of the ADS representing such common shares,
pursuant to the requirements of the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">Our registered name is
Ambev S.A., and our registered office is in the city of S&atilde;o Paulo, State of S&atilde;o Paulo, Brazil. Our registration number with
the S&atilde;o Paulo Commercial Registry is 35,300,368,941. Our principal corporate purposes include the production and sale of beer,
CSDs and other beverages. A more detailed description of our corporate purposes can be found in Chapter I, Article 3 of our bylaws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25in 0 0; text-align: justify"><B>Description of Capital Stock </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">As of December&nbsp;31,
2022, our subscribed and paid-in capital stock consisted of 15,750,216,851 common shares, all of which have equal voting and equity rights,
with no par value, of which 8,482,160 common shares were held in treasury.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 10pt 0 0; text-align: justify; text-indent: 0in">Rights of the
Ambev Common Shares</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Each of our common shares
is indivisible and entitles its holder to one vote at any shareholders&rsquo; meeting of Ambev. In accordance with our bylaws and the
Brazilian Corporation Law, shareholders have the right to receive dividends or other distributions in proportion to their equity interest
in our share capital. For additional information regarding the payment of dividends and other distributions relating to our common shares,
see &ldquo;Item 8. Financial Information&mdash;A. Consolidated Financial Statements and Other Financial Information&mdash;Dividend Policy.&rdquo;
In addition, our shareholders may freely transfer their shares
and are entitled to be included in a statutory sale of control tender offer upon a disposition of our control (see item &ldquo;Disclosure
of the Ownership and Trading of our Shares by Us, our Principal Shareholders, Directors and Officers or Members of our Fiscal Council&rdquo;
for more information).</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Also, upon our liquidation,
and after the discharge of all our liabilities, our common shares entitle its holders to a participation in our remaining assets as capital
reimbursement in proportion to their equity interest in our share capital. Except under certain circumstances, holders of our common shares
have the right, but not the obligation, to subscribe for our future capital increases (see &ldquo;&mdash;Preemptive Rights&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Moreover, pursuant to
the Brazilian Corporation Law, neither our bylaws nor actions taken at a shareholders&rsquo; meeting may deprive a shareholder of the
following rights:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the right to participate in our profit distributions;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the right to participate in our remaining assets in proportion to its equity interest in our share capital
in the event of our liquidation;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">preemptive rights to subscribe for our common shares, convertible debentures and warrants, except in certain
circumstances under the Brazilian Corporation Law, as described in &ldquo;&mdash;Preemptive Rights&rdquo;;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the right to inspect and monitor our management, in accordance with the Brazilian Corporation Law; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the right to exercise appraisal rights and withdraw from the Company in the cases provided under the Brazilian
Corporation Law, as described in &ldquo;&mdash;Appraisal Rights.&rdquo;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Shareholders&rsquo; Meetings </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, shareholders, during shareholders&rsquo; meetings regularly called and convened, are generally empowered to pass resolutions
relating to our corporate purpose as they may deem necessary. Shareholders&rsquo; meetings may be ordinary, such as the annual meeting,
or extraordinary. Shareholders at the annual shareholders&rsquo; meeting, which is required to be held within four months of the end of
our fiscal year, have the exclusive power to approve our financial statements and to determine the allocation of our adjusted net income
and the distribution of dividends with respect to the fiscal year ended immediately prior to the relevant annual meeting. Extraordinary
shareholders&rsquo; meetings are convened to approve the remaining matters within their competency as provided by law and/or our bylaws.
An extraordinary shareholders&rsquo; meeting may be held concurrently with an ordinary meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">A shareholders&rsquo;
meeting is convened by publishing a meeting call notice no later than 21 days prior to the scheduled meeting date, on first call, and
no later than eight days prior to the date of the meeting, on second call, and no fewer than three times, in a newspaper with general
circulation in S&atilde;o Paulo, where we have our registered office. In certain circumstances, however, the CVM may require that the
first notice be published no later than 30 days prior to the meeting. At the shareholders&rsquo; meeting held on March&nbsp;1, 2013, our
shareholders designated <I>Valor Econ&ocirc;mico</I>, a newspaper with general circulation in S&atilde;o Paulo for this purpose. The call
notice must contain the date, time, place and agenda of the meeting, and in case of amendments to the bylaws, the indication of the relevant
matters. CVM Resolution No. 81/22, also requires that additional information be disclosed in the meeting call notice for certain matters.
For example, in the event of an election of all directors, the meeting call notice shall also disclose the minimum percentage of equity
interest required from a shareholder to request the adoption of cumulative voting procedures. All documents in connection with the shareholders&rsquo;
meeting&rsquo;s agenda shall be made available to shareholders either within at least one month prior to the meeting or upon publication
of the first meeting call notice, as the case may be, except if otherwise required by law or CVM regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">A shareholders&rsquo;
meeting may be held on first call, if shareholders representing at least one quarter of the voting shares are present, except in some
cases provided by law, such as in meetings seeking to amend the Company&rsquo;s bylaws, which requires the presence, on first call, of
shareholders representing at least two-thirds of the voting shares. If no such quorum is present, an eight-day prior notice must be given
in the same manner as described above, and a meeting may then be convened, on second call, without any specific quorum requirement, subject
to the minimum quorum and voting requirements for specific matters, as discussed below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Except as otherwise provided
by law, resolutions of a shareholders&rsquo; meeting are passed by a simple majority vote of the shares present or represented at the
meeting, abstentions not being considered. Under the Brazilian Corporation Law, the approval of shareholders representing at least a majority
of the votes granted by the issued and outstanding voting shares is required for the types of actions described below (among others):</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">creating preferred shares or increasing disproportionately an existing class of preferred shares relative
to the other classes of shares, unless such action is provided for or authorized by the bylaws;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">modifying a preference, privilege or condition of redemption or amortization conferred upon one or more
classes of preferred shares, or creating a new class with greater privileges than those of the existing classes of preferred shares;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">reducing the minimum mandatory dividend;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">merging Ambev with another company or consolidating or executing a spin-off of Ambev;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 10pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">related party transactions, or the sale or contribution of assets to another company, in any case if the
amount involved exceeds 50% of the amount of our assets indicated in the most recently approved balance sheet;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">changing our corporate purpose; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">dissolving Ambev or ceasing its liquidation status.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Shareholders may not
exercise voting rights with respect to the approval of the appraisal report of assets contributed by them in a capital increase paid in
kind or with respect to the approval of their own accounts as managers of the company, as well as in those resolutions that may favor
those shareholders specifically, or whenever there is a conflicting interest with the Company. Mergers between affiliated parties are
subject to a special statutory valuation procedure intended to provide a parameter (based on the net equity at market prices of the companies
involved) for comparing the proposed exchange ratio.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Shareholders&rsquo; meetings
may be called by our Board of Directors. Under the Brazilian Corporation Law, meetings may also be convened by our shareholders as follows:
(1) by any shareholder, if the directors take more than 60 days to convene a shareholders&rsquo; meeting after the date they were required
to do so under applicable laws and our bylaws, (2) by shareholders holding at least 1% of our total capital stock, if our Board of Directors
fails to call a meeting within eight days after receipt of a justified request to call a meeting by those shareholders indicating the
proposed agenda, (3) by shareholders holding at least 5% of our voting capital stock, if the directors fail to call a general meeting
within eight days after receipt of a request to call a shareholders&rsquo; meeting for purpose of assembling a Fiscal Council, and (4)
by our Fiscal Council, if the Board of Directors fails to call an annual shareholders&rsquo; meeting within 30 days after the mandatory
date for such call. The Fiscal Council may also call an extraordinary shareholders&rsquo; meeting if it believes that there are important
or urgent matters to be addressed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">To attend a shareholders&rsquo;
meeting, shareholders or their legal representatives willing to attend the meeting shall present proof of ownership of their Company shares,
including identification and/or pertinent documentation that evidences their legal representation of such shareholder. A shareholder may
be represented at a general meeting by an attorney-in-fact appointed no more than one year before the meeting, who must be another shareholder,
a company officer, a lawyer or a financial institution. Notwithstanding the above, the CVM decided on November 4, 2014 that shareholders
that are legal entities may be represented at general meetings by their legal representatives or by a duly appointed attorney-in-fact,
pursuant to the bylaws and related corporate instruments of the legal entities and pursuant to the Brazilian Civil Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">The participation and
remote voting in general shareholders&rsquo; meetings of publicly-held companies are regulated by CVM Resolution No. 81/22, as amended,
which aims to facilitate the participation of shareholders in general meetings either through the vote or through the submission of proposals,
as well as to enhance the corporate governance instruments available in the Brazilian market. For this purpose, this regulation provided
the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the creation of a remote voting bulletin through which shareholders may exercise their right to vote prior
to the date the general meeting is held;</TD></TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the possibility of inclusion of candidates and proposals of deliberation of minority shareholders in that
bulletin, with due observance of certain percentages of equity interest, in order to facilitate shareholders&rsquo; participation in general
meetings; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the deadlines, procedures and ways of sending this bulletin, which may be forwarded by the shareholder:
(a) to the custodian (if the shares held by the shareholder are kept at a centralized deposit) or; (b) to the book-entry agent of the
shares issued by the company (if such shares are not kept at a centralized deposit); or (c) directly to the company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">CVM Resolution
No. 81/22, also regulates the rules applicable to remote voting, including, but not limited to, (1) the deadlines for inclusion of candidates
in the bulletin by request of minority shareholders and for the company to resend the bulletin in case of inclusion of candidates by minority
shareholders and (2) the disclosure of the detailed final voting map of the shareholders&rsquo; meetings, including the partial disclosure
of each shareholders taxpayer&rsquo;s registry number and their respective votes on each matter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 24.5pt">Additionally, CVM Resolution
No. 81/22, as amended, also regulates the possibility of publicly-held companies to hold virtual or hybr<FONT STYLE="color: #0D0D0D">id
(i.e. physical and virtual) shareholders&rsquo; meetings, including procedures that must be adopted by such companies when holding these
types of meetings. The documents calling a shareholders&rsquo; meeting must indicate the format of the meeting and the arrangements that
shareholders must take to participate remotely.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0; color: #0D0D0D"><B>Board of Directors </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: #0D0D0D">In
accordance wit</FONT>h the Brazilian Corporation Law, as a general rule, any matters subject to the approval of our Board of Directors
can be approved by the affirmative vote of a majority of our Board members present at the relevant meeting. Exceptions to this general
rule are provided in the Shareholders&rsquo; Agreement.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under our bylaws, (i) the majority of the members of our Board of Directors
must be external directors (i.e. with no current employment or managerial relationship with the company) and (ii) at least two members
of our Board of Directors shall be independent directors. According to our bylaws, for a director to be considered independent he or she
may not: (1) be a controlling shareholder, or a spouse or relative to the second degree of a controlling shareholder, (2) have been, within
the last three years, an employee or executive officer of (a) Ambev or of any of our controlled companies or (b) our controlling shareholder
or entities under common control with Ambev, (3) directly or indirectly, supply to, or purchase from, us, our controlled companies, controlling
shareholder or entities under common control, any products or services, to such an extent as would cause that director to cease being
independent, (4) be an employee or administrator of any corporation or entity that offers products or services to, or receives products
or services from, us, our controlled companies, controlling shareholder or entities under common control, to such an extent as would cause
that director to cease being independent, (5) be a spouse or relative to the second degree of any member of management of Ambev, its controlled
companies, controlling company or entity under common control, or (6) receive any other compensation from Ambev, its controlled companies,
controlling shareholder or entities under common control, aside from compensation for duties as a board member (gains arising from ownership
of our stock are excluded from this restriction). Our bylaws also set forth that directors elected by a separate ballot vote of minority
shareholders holding at least 10% of our capital stock, as provided in paragraphs 4 and 5 of Section 141 of the Brazilian Corporation
Law, shall be deemed independent regardless of compliance with the abovementioned criteria. Furthermore, Brazilian law and CVM regulations
requires that at least 20% of the members of the Board of Director shall be independent directors, who are qualified as such depending
on certain criterion relating to the relationship between a director, and (i) Ambev, its controlling shareholder and their management;
and (ii) companies controlled, affiliated or under common control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">According to the general
principles of the Brazilian Corporation Law, if a director or an executive officer has a conflict of interest with a company in connection
with any proposed transaction, the director or executive officer may not intervene nor vote in any resolution of the Board of Directors
or of the Board of Executive Officers regarding such transaction and must disclose the nature and extent of the conflicting interest for
purposes of recording such information in the minutes of the meeting. In any case, a director or an executive officer may not transact
any business with a company, including any borrowings, except on reasonable or fair terms and conditions that are identical to the terms and conditions prevailing in the market
or offered by third parties. Any transaction in which a director or executive officer may have an interest can only be approved if carried
out on an arm&rsquo;s-length basis.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Election
of Directors</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Each Ambev common share
represents one vote at any shareholders&rsquo; meeting in connection with the election of our Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Common shareholders holding
at least 10% of our capital may elect one member and respective alternate to the Board of Directors without the participation of the controlling
shareholders. To exercise these minority rights, shareholders must prove their continuous ownership of their Ambev common shares for at
least three months prior to the shareholders&rsquo; meeting convened to elect board members. If that prerogative is exercised with the
adoption of cumulative voting procedures, as described below, the controlling shareholder will always have the right to elect the same
number of members appointed by minority shareholders plus one, regardless of the number of directors provided in our bylaws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Shareholders holding
shares representing at least 10% of our capital, or a smaller applicable percentage according to a sliding scale determined by the CVM
and based on a company&rsquo;s capital stock (currently 5% of the Ambev common shares, pursuant to the CVM&rsquo;s sliding scale), have
the right to request that cumulative voting procedures be adopted. Under such procedures, each of our common shares shall entitle as many
votes as the number of director positions to be filled, and each shareholder may cast all of his or her votes for a single candidate or
distribute them among various candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Pursuant to CVM Resolution
No. 81/22, publicly-held companies shall adopt the following measures regarding voting process: (1) inform the market of the adoption
of cumulative voting process in applicable meetings immediately upon the receipt of the first valid requirement; (2) disclose the voting
final summary statements, the voting final detailed statements, as well as any voting statement presented by shareholders at the relevant
meeting; and (3) register in the minutes of the annual shareholders&rsquo; meeting the number of approving, rejecting or abstaining votes
for each item of the agenda, including the votes received by each member of the Board of Directors and/or Fiscal Council elected in such
shareholders&rsquo; meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under our bylaws and
applicable law, the number of directors may be reduced to a minimum of five.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The current
members of our Board of Directors were elected by our controlling shareholder. Board members, regardless of the shareholder they represent,
owe fiduciary duties to the Company and all of our shareholders. At the same time, any director appointed by shareholders bound by a shareholders&rsquo;
agreement is also bound by the terms of that agreement. For more information on our shareholders&rsquo; agreements, see &ldquo;Item 7.
Major Shareholders and Related Party Transactions&mdash;A. Major Shareholders&mdash;Ambev&rsquo;s Major Shareholders.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Dividends</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">The discussion below
summarizes the main provisions of the Brazilian Corporation Law regarding the establishment of reserves by corporations and rules with
respect to the distribution of dividends, including provisions regarding interest on shareholders&rsquo; equity.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Calculation
of Distributable Amounts</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">At each annual shareholders&rsquo;
meeting, our Board of Directors is required to propose how Ambev&rsquo;s net income for the preceding fiscal year is to be allocated.
For purposes of the Brazilian Corporation Law, a company&rsquo;s net income after income taxes and social contribution on profits for
the immediately preceding fiscal year, net of any accumulated losses from prior fiscal years and amounts allocated to employees&rsquo;
and management&rsquo;s participation in earnings, represents its &ldquo;adjusted net income&rdquo; for such preceding fiscal year. In
accordance with the Brazilian Corporation Law, an amount equal to such adjusted net income,
which is also referred to in this section as the distributable amount, will be available for distribution to shareholders in any particular
year. Such distributable amount is subject to:</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">reductions that may be caused by amounts contributed for the purpose of meeting the charges of the assistance
foundation for employees and management of the Company and its controlled companies, with due regard for the rules established by the
Board of Directors to this effect; up to 10% of the distributable amount may be contributed under this concept;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">reductions caused by amounts allocated to the Legal Reserve or Contingency Reserves (see &ldquo;&mdash;Reserves&rdquo;);
and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">increases caused by reversals of reserves constituted in prior years.</TD></TR></TABLE>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Minimum Mandatory
Dividend</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">We are required by our
bylaws to distribute to shareholders as dividends in respect to each fiscal year ending on December 31 a minimum mandatory dividend equivalent
to no less than 40% of the distributable amount. In addition to the minimum mandatory dividend, the Board of Directors may recommend payment
of additional dividends to shareholders. The limit for dividend payment is the distributable amount plus the balance available in certain
profit reserves (including our statutory &ldquo;Investment Reserve,&rdquo; to which we allocate distributable amounts from previous fiscal
years not paid as dividends. See &ldquo;&mdash;Reserves.&rdquo;) and retained profits. Furthermore, the Board of Directors may also resolve
on the distribution of interim dividends and/or interest on shareholders&rsquo; equity based on the accrued profits or existing profits
(retained profits or certain profits reserves) presented in the latest annual or six-month balance sheet. Interim dividends and interest
on shareholders&rsquo; equity are always deemed as an advancement towards the minimum mandatory dividend.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">In addition, the minimum
mandatory dividend, whether the full amount or only a portion thereof, may not be distributed in any given year should the Board of Directors
consider that such payment is incompatible with the Ambev&rsquo;s financial situation, subject to shareholder approval. While the law
does not establish the circumstances in which distribution of the minimum mandatory dividend is incompatible with a company&rsquo;s financial
situation, it is generally agreed that a company is allowed to refrain from paying the minimum mandatory dividend if such payment threatens
its existence as a going concern or harms its normal course of operations. The Fiscal Council must opine on the nonpayment of minimum
mandatory dividends, and management must submit to the CVM a report explaining the reasons considered by the Board of Directors to withhold
the payment of the minimum mandatory dividend no later than five business days after the shareholders&rsquo; meeting that takes such decision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Any postponed payment
of minimum mandatory dividends must be allocated to a special reserve. Any remaining balance in such reserve not absorbed by losses in
subsequent fiscal years must be paid to shareholders as soon as the Company&rsquo;s financial situation allows.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Payment of
Dividends</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law any holder of record of shares at the time of a dividend declaration is entitled to receive such dividends, which are generally required
to be paid within 60 days following the date of such declaration, unless otherwise resolved by the shareholders&rsquo; meetings, which,
in either case, must occur prior to the end of the fiscal year in which such dividends were declared. Our bylaws do not provide for a
time frame for payment of dividends. The minimum mandatory dividend is satisfied through payments made both in the form of dividends and
interest on shareholders&rsquo; equity (amount net of taxes), which, from an economic perspective, is equivalent to a dividend but represents
a tax efficient alternative to distribute earnings to shareholders because it is deductible for income tax purposes up to a certain limit
established by Brazilian tax laws (see &ldquo;&mdash;Interest on Shareholders&rsquo; Equity&rdquo;). Shareholders have a three-year period
from the dividend payment date to claim the payment of dividends, after which we are no longer liable for such payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Shareholders that do
not reside in Brazil must register their investment with the Central Bank in order for gains, dividends, profits or other payments under
Ambev&rsquo;s shares to be eligible for remittance in foreign currency outside of Brazil. Our common shares underlying the Ambev ADSs
will be deposited with the Brazilian custodian,Banco Bradesco S.A., which acts on behalf of
and as agent for the Depositary, which is registered with the Central Bank as the fiduciary owner of those common shares underlying our
ADSs. Payments of cash dividends and distributions on our common shares will be made in <I>reais</I> to the custodian on behalf of the
Depositary. The custodian will then convert those proceeds into U.S. dollars and will deliver them to the Depositary for distribution
to ADS holders. If the custodian is unable to immediately convert dividends in <I>reais</I> into U.S. dollars, ADS holders may be adversely
affected by devaluations of the <I>real</I> or other exchange rate fluctuations before those dividends can be converted into U.S. dollars
and remitted abroad. Fluctuations in the exchange rate between the <I>real</I> and the U.S. dollar may also affect the U.S. dollar equivalent
of the trading price of our common shares in <I>reais</I> on the B3.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Interest
on Shareholders&rsquo; Equity</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Brazilian companies are
permitted to distribute earnings to shareholders under the concept of an interest payment on shareholders&rsquo; equity, calculated based
on specific Ambev&rsquo;s shareholders&rsquo; equity accounts multiplied by the TJLP rate. The TJLP is the official interest rate defined
by the Central Bank and used as reference in long-term loans provided by the BNDES.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Amounts distributed by
Ambev to its shareholders as interest on shareholders&rsquo; equity is deductible for purposes of income tax and social contribution applicable
to our profits. The amount of the deduction may not exceed the greater of:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">50% of net income (after the deduction of social contribution on net income but before taking into consideration
the provision for corporate income tax and the amounts attributable to shareholders as interest on shareholders&rsquo; equity) for the
period in respect of which the payment is made; or</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">50% of the sum of retained profits and profit reserves as of the date of the beginning of the period in
respect of which the payment is made.</TD></TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Interest on shareholders&rsquo; equity is treated similarly to dividends
for purposes of distribution of profits. The only significant difference is that a 15% withholding income tax is due by nonexempt shareholders,
resident or not of Brazil, upon receipt of such interest payment, which tax must be withheld by us on behalf of our shareholders when
the distribution is implemented. If the shareholder is not a Brazilian resident and is resident or domiciled in a tax-haven jurisdiction,
withholding income tax is due at a 25% rate. The amount shareholders receive as interest on shareholders&rsquo; equity, net of taxes,
is deducted from the minimum mandatory dividend owed to shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">For further information
on the taxation of interest on shareholders&rsquo; equity, including the concept of tax haven jurisdiction for such purposes, see &ldquo;&mdash;E.
Taxation&mdash;Brazilian Tax Considerations&mdash;Income Tax&mdash;Distributions of Interest on Shareholders&rsquo; Equity.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Reserves </B></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">General</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">The Brazilian Corporation
Law provides that all discretionary allocations of adjusted net income, including the Unrealized Income Reserve and the Investment Reserve,
are subject to shareholder approval and may be added to capital (except for the amounts allocated to the Unrealized Income Reserve) or
distributed as dividends in subsequent years. In the case of Tax Incentive Reserve and the Legal Reserve, they are also subject to shareholder
approval; however, the use of their respective balances is limited to having those balances added to capital or used to absorb losses.
They cannot be used as a source for income distribution to shareholders.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Legal Reserve</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, corporations are required to maintain a &ldquo;Legal Reserve&rdquo; to which they must allocate 5% of their adjusted net income for
each fiscal year until the balance of the reserve equals 20% of their share capital. However, corporations are not required to make any
allocations to their legal reserve in a fiscal year in which the Legal Reserve, when added to other
established capital reserves, exceeds 30% of their share capital. Accumulated losses, if any, may be charged against the Legal Reserve.
Other than that, the Legal Reserve can only be used to increase a company&rsquo;s share capital.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify"></P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Contingency
Reserve</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, a portion of a corporation&rsquo;s adjusted net income may also be discretionally allocated to a &ldquo;Contingency Reserve&rdquo;
for an anticipated loss that is deemed probable in future years and which amount can be estimated. Any amount so allocated in a prior
year must be either reversed in the fiscal year in which the loss was anticipated if that loss does not in fact occur or is not charged
off in the event that the anticipated loss occurs.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Investment
Reserve</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under Brazilian Corporation
Law, we are permitted to provide for the allocation of part of our net income to discretionary reserve accounts that may be established
in accordance with our bylaws. The allocation of our net income to discretionary reserve accounts may not be made if it serves to prevent
the distribution of the minimum mandatory distributable amount. According to our bylaws, a portion of up to 60% of our adjusted net income
may be allocated to an &ldquo;Investment Reserve&rdquo; for the expansion of our activities, including to be capitalized by us or for
our investment in new business ventures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Pursuant to our bylaws,
the Investment Reserve balance is not allowed to be greater than 80% of our share capital. In case such limit is reached, shareholders
may resolve to use the exceeding amount for conversion into share capital or to be distributed as dividends.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Unrealized
Income Reserve</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, the amount by which the minimum mandatory dividend exceeds the &ldquo;realized&rdquo; portion of net income for any particular
year may be allocated to the Unrealized Income Reserve. The realized portion of net income is the amount by which the adjusted net income
exceeds the sum of:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">our net positive results, if any, from the equity method of accounting for earnings and losses of our
subsidiaries and certain affiliates; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the net profits, net gains or net return obtained on transactions or on accounting of assets and liabilities
based on their market value, to be completed after the end of the following fiscal year.</TD></TR></TABLE>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Tax Incentive
Reserve</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, a portion of the adjusted net income may also be allocated to a general &ldquo;Tax Incentive Reserve&rdquo; in amounts corresponding
to reductions in a company&rsquo;s income tax generated by credits for particular government-approved investments. This reserve is available
only in connection with the acquisition of capital stock of companies undertaking specific government-approved projects.</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in">Goodwill
Premium from Shares Issued</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Pursuant to the Brazilian
Corporation Law, the amount received from subscription of shares in excess of the par value of the shares or the portion of the issuance
price allocated to capital stock, in case of shares without par value, must be allocated to this reserve. The amount can be used (i) to
absorb losses that surpass accumulated profits and profit reserves, (ii) for future capital increases without the issuance of new shares,
(iii) to redeem or reimburse shares (including founder&rsquo;s shares, if applicable), (iv) for payment of dividends to preferred shares,
if applicable, or (v) to support an approved share buyback program.</P>


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<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.25in; text-align: justify; text-indent: 0in"><FONT STYLE="color: windowtext">Fiscal
Benefit of Goodwill Premium Amortization (CVM </FONT>Resolution <FONT STYLE="color: windowtext">No. 78/22)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">Pursuant
to CVM Resolution No. 78/22, when a reporting company merges with its parent company, while remaining a reporting company, the goodwill
previously paid by the parent company on its acquisition is deductible for purposes of income tax and social contribution on profits.
This future tax benefit is recorded as a capital reserve by the reporting company. As this benefit is realized, the company increases
its share capital proportionally to the benefit and is able to issue new shares to the parent company, pursuant to the terms of the merger
agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Appraisal Rights </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under the Brazilian Corporation
Law, dissenting shareholders have appraisal rights that allow them to withdraw from the Company and be reimbursed for the value of their
Ambev common shares, whenever, among other instances, a decision is taken at a shareholders&rsquo; meeting to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">create preferred shares or increase disproportionately an existing class of preferred shares relative
to the other classes of shares, unless such action is provided for or authorized by our bylaws;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">modify a preference, privilege or condition of redemption or amortization conferred upon one or more classes
of preferred shares, or create a new class with greater privileges than the existing classes of preferred shares;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">reduce the minimum mandatory dividend;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">merge or consolidate us with another company;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">change our corporate purpose;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">conduct a spin-off of Ambev, if the new entities resulting from the spin-off have different primary corporate
purposes or a lower minimum mandatory dividend or such spin-off causes us to join a group of companies (as defined in the Brazilian Corporation
Law);</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">transform us into another corporate type;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">conduct a stock swap merger of Ambev with another company, so that Ambev becomes a wholly-owned subsidiary
of that company; or</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">approve the acquisition of control of another company, the price of which exceeds the limits set forth
in the Brazilian Corporation Law.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">In cases where Ambev
merges or is consolidated with another company, participates in a group of companies (as defined in the Brazilian Corporation Law), or
is a party to a share merger, dissenting shareholders will not be entitled to exercise appraisal rights if their Ambev common shares are
(1) liquid, defined as being part of the IBOVESPA Index and (2) widely-held such that the controlling shareholder or companies under its
control holds less than 50% of the referred common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Appraisal rights expire
within 30 days after publication of the minutes of the relevant shareholders&rsquo; meeting that approved the transaction. We are entitled
to reconsider any action triggering appraisal rights within 10 days following the expiration of the 30-day appraisal rights exercise period
if the redemption of our common shares held by dissenting shareholders would jeopardize our financial stability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Any shareholder that
exercises appraisal rights is, in general, entitled to receive the amount equivalent to its shares&rsquo; book value as per the last balance
sheet approved by our shareholders. If the resolution giving rise to appraisal rights is approved more than 60 days after the date of
the last shareholder-approved balance sheet of Ambev, dissenting shareholders may require that the value of their shares be calculated
on the basis of an updated balance sheet (<I>balan&ccedil;o especial</I>) dated no less than 60 days before the resolution date. In this
case, we must (1) immediately advance 80% of the book value of the shares to be redeemed according to the most recent balance sheet approved
by our shareholders and (2) pay the remaining balance within 120 days after the date of the resolution of the shareholders&rsquo; meeting.
However, if the advanced payment of 80% of the book value of the shares to be redeemed is greater than the actual appraisal rights value
per share determined by the updated balance sheet, then the amount in excess advanced by the Company shall be refunded to us by the dissenting
shareholders who exercised appraisal rights.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">As a general rule, shareholders
may not exercise appraisal rights with respect to shares acquired after the publishing of a first meeting call notice or the relevant
press release concerning the matter giving rise to such appraisal rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Redemption </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 24.5pt">Under Brazilian Corporate Law, our shareholders
may resolve in an extraordinary shareholders&rsquo; meeting to require us to redeem its outstanding shares. Share redemption may be paid
for using our profits, profit reserves or capital reserves. If the share redemption is not applicable to all shares, the redemption will
be made by lottery. If custody shares are picked in the lottery and there are no rules established in the custody agreement, the financial
institution will specify the shares to be redeemed on a pro rata basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Registration of Shares </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 24.5pt">All of our shares are kept in book-entry form
and held in a deposit account with a financial institution authorized by the CVM, in the name of their holders, without certificates issued.
The transfer and record cost, as well as the cost of the services relating to our book-entry shares, may be charged directly to the shareholder
by the bookkeeping institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><B>Preemptive Rights </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Each shareholder of Ambev
generally has preemptive rights to subscribe for new shares of Ambev in our capital increases (including in the issuance of stock purchase
warrants or convertible bonds) in proportion to its shareholdings. A minimum 30-day period following the publication of the capital increase
notice is given for the exercise of preemptive rights. Preemptive rights may be purchased and sold by shareholders. Our bylaws provide
that if the Board of Directors decides to increase our share capital within the limit of the authorized capital through sales in stock
exchanges, public offerings or public tender offers, no preemptive rights will apply. In addition, Brazilian law provides that the grant
or the exercise of stock options pursuant to certain stock option plans, such as our Stock Option Plan, is not subject to preemptive rights.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-style: normal">Inspection
of Corporate Records </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Shareholders that own
1% or more of our outstanding share capital have the right to inspect our corporate records, including shareholders&rsquo; lists, corporate
minutes, financial records and other documents, if (1) Ambev or any of its officers or directors have committed any act contrary to Brazilian
law or our bylaws or (2) there are grounds to suspect that there are material irregularities in the Company. However, in either case,
shareholders desiring to inspect our corporate records must obtain a court order authorizing the inspection.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-style: normal">Form
and Transfer</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Brazilian law provides
that ownership of shares issued by a Brazilian corporation shall generally be evidenced only by a record of ownership maintained by either
the corporation or an accredited intermediary, such as a bank, acting as a registrar for the shares. Banco Bradesco S.A. currently maintains
our share ownership records.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Because our common shares
are in registered book-entry form, a transfer of those shares is made under the rules of the Brazilian Corporation Law, which provides
that a transfer of shares is effected by an entry made by the registrar for our shares in its books, by debiting the share account of
the transferor and crediting the share account of the transferee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Transfers of shares by
a foreign investor are made in the same way and executed by that investor&rsquo;s local agent on the investor&rsquo;s behalf, except that,
if the original investment was registered with the Central Bank pursuant to foreign investment regulations, the foreign investor should
also seek, through its local agent, an amendment of the corresponding electronic registration to reflect the new ownership, if necessary.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">The B3 operates a central
clearing system and a stock exchange. A holder of our common shares may choose, at its discretion, to participate in this system, and
all shares elected to be transferred to B3&rsquo;s market must be deposited in custody with the stock exchange through a Brazilian institution
that is duly authorized to operate by the Central Bank and maintains a clearing account with the B3. Our common shares that are subject
to custody with the stock exchange will be reflected in our registry of shareholders. Each participating shareholder will, in turn, be
registered in our register of beneficial shareholders maintained by the stock exchange and will be treated in the same way as registered
shareholders.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-style: normal; color: windowtext">Disclosure
of </FONT><FONT STYLE="font-style: normal">the Ownership and Trading of our Shares by Us, our <FONT STYLE="color: windowtext">Principal
Shareholders, Directors and Officers or Members of our Fiscal Council</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Pursuant to CVM rules,
our directors and officers and members of our fiscal council or of any technical or advisory committee are required to disclose to us,
to the CVM and to the B3 the number, type and manner of acquisition of any securities issued by us, or by our publicly held subsidiaries
and held by them or any persons related to them (such as a spouse, companion or dependent). The information regarding the trade of any
such securities (including the name and identification of the owner of the shares, amount and characteristics of the securities, form,
price and date of the trade) must be provided to CVM within 10 days following the end of the month in which they were traded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">Under Brazilian law,
shareholders owning more than 5% of a company&rsquo;s voting shares must publicly disclose their shareholder ownership to the CVM and
to the Brazilian stock exchange. In addition, according to CVM Resolution No. 44, if any such principal shareholder or any shareholder
electing members of the board of directors increases or decreases its participation in our capital stock directly or indirectly exceeding
thresholds of 5% multiples (i.e. 5%, 10%, 15% etc.), this person or entity must disclose its shareholder ownership to CVM in the terms
mentioned above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: justify; text-indent: 0.5in">According to CVM Resolution
No.&nbsp;44, individual investment or disinvestment plans for direct or indirect controlling shareholders, members of any statutory governing
bodies of a corporation, as well as any persons who, due to their responsibility, function or position in a listed company, its controlling
company, subsidiaries or affiliates have potential access to insider information, are allowed, subject to certain requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: left; text-indent: -4.5pt"><B>Other Significant Provisions
of the Brazilian Corporation Law</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 0.5in">The Brazilian Corporation
Law, as applicable to us, also requires the following:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">upon a sale of our control, the acquirer is required to launch a tender offer to purchase all minority
voting shares at a price equal to at least 80% of the price per share paid for the controlling stake;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">our delisting is subject to an administrative proceeding before the CVM, having as a condition the launching
of a tender offer by the controlling shareholder or us for the acquisition of all our outstanding shares (defined as those owned by shareholders
other than the controlling shareholder, officers and directors) at their fair value, as determined by an independent appraiser. Shareholders
holding more than two-thirds of the free float of shares must accept the tender offer or must expressly agree with the delisting (for
this purpose, the free float of shares must be considered those held by shareholders that have either accepted the delisting or the offer);</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; color: windowtext">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="color: windowtext">in addition, if a controlling shareholder or group of controlling shareholders
acquires additional shares in excess of one-third of the free float of shares in any class (as calculated according to a formula created
by CVM), a mandatory tender offer to ensure share dispersion is required for all the outstanding shares in that class. The same requirement
applies whenever (1) a shareholder or group of shareholders representing the same interest and holding more than 50% of the shares in
any class from March 7, 2002 (pursuant to CVM </FONT>Resolution <FONT STYLE="color: windowtext">No. 85/22, except for public companies
existing in September 5, 2000, in which case this date will prevail), acquires a further interest of 10% or more of that same class of
shares within a 12-month period and (2) the CVM determines, within six months after being informed, that the acquisition restricts the
liquidity of the shares;</FONT></TD></TR></TABLE>


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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">upon the occurrence of a tender offer aimed at delisting a company or through which the controlling shareholders
will acquire more than one-third of the free float shares, the purchase price shall be equal to the fair value of the shares considering
the total number of outstanding shares;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">members of our Board of Directors elected by noncontrolling shareholders (in a separate voting mechanism)
have the right to veto the choice of the independent auditor by the Board;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">our controlling shareholder, the shareholders that elect members to our Board of Directors or Fiscal
Council, the members of our Board of Directors and Fiscal Council, and our executive officers are required to disclose any purchase or
sale of our shares to the CVM and to the B3; and</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify">the chairman of any shareholders&rsquo; meeting or directors shall disregard any vote that is rendered
against provisions of any shareholders&rsquo; agreement if that shareholders&rsquo; agreement has been duly filed with us, as is the case
with the Shareholders&rsquo; Agreement.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Restriction on Certain Transactions
by Controlling Shareholders, Directors and Officers </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">We, our
direct or indirect controlling shareholders, if any, members of our Board of Directors, Board of Executive Officers, members of our fiscal
council, if installed, members of any technical or advisory body or whomever which, by virtue of its title, duty or position in us, or
in our controlling shareholders, controlled companies or affiliates, have knowledge of a material fact, and any other person who has knowledge
of material information and knows it has not been disclosed to the market (persons who have a business, professional or trust relationship
with the Company, including auditors, analysts, underwriters and advisers), are considered insiders. Insiders may not trade our securities
or derivatives of our securities prior to the disclosure of such material information to the market to obtain an advantage, for themselves
or for others. In addition, former members of our Board of Directors or Board of Executive Officers who are in possession of material,
as yet undisclosed information also may not use such information to trade in securities issued by the Company within three (3) months
of their dismissal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">Such restriction
will apply, without limitation, (i)&nbsp; as from the moment when studies or analyses are initiated relating to operations of merger,
total or partial spin-off, consolidation, transformation, or any form of corporate reorganization, business combination, change in the
Company&rsquo;s control (including by means of the execution, alteration or rescission of a shareholders' agreement), decision to promote
the cancellation of the Company's registration as a publicly-held company, or change in the trading environment or segment of the shares
issued by us; (ii)&nbsp; during the 15-day period prior to the disclosure of our quarterly and annual financial statements required by
CVM, regardless of whether such persons are aware of the contents of the Company&rsquo;s quarterly financial information and annual financial
statements; and (iii)&nbsp;to the controlling shareholders, if any, the officers, and members of the Board of Directors, whenever we,
or any of our controlled companies, affiliates or companies subject to the same control, whenever an option or mandate is in course or
has been granted for the purpose of acquisition or disposal of shares issued by us; and (iv) if we intend to request for judicial or extrajudicial
reorganization and bankruptcy as from the moment when studies or analyses are started regarding such requests by us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Restriction on Certain Transactions
outside Our Corporate Purposes </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">Brazilian
Corporate Law prohibits us from undertaking any business practices inconsistent with our corporate purpose and core business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Restrictions on Non-Brazilian
Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">There are
no restrictions on ownership of our common shares by individuals or legal entities domiciled outside Brazil. Foreign investors may trade
their shares through ADSs on the NYSE or directly on the B3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">However,
the right to convert dividend payments and proceeds from the sale of common shares into foreign currency and to remit such amounts outside
Brazil is subject to exchange control restrictions and foreign investment legislation, which generally require, among other things, obtaining
an electronic registration with the Central Bank of Brazil. Nonetheless, any non-Brazilian holder who registers with the CVM may use the
dividend payments and proceeds from the sale of shares to buy and sell securities directly on the B3.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><B>AMERICAN DEPOSITARY SHARES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The following
description of Ambev&rsquo;s ADSs is a summary and does not purport to be complete. This description is subject to and qualified in its
entirety by reference to the deposit agreement dated <FONT STYLE="letter-spacing: -0.1pt">July&nbsp;9, 2013, between Ambev, The Bank of
New York Mellon, as depositary (the &ldquo;depositary&rdquo;)</FONT> and all owners and beneficial owners from time to time of the American
depositary shares (&ldquo;ADSs&rdquo;) issued thereunder (the &ldquo;deposit agreement&rdquo;), including the form of ADRs. For more complete
information, you should read the entire deposit agreement and the form of ADR. The form of deposit agreement (including the form of ADR)
is incorporated by reference as Exhibit 2.1 to the 2022 Form 20-F. As used in this section, &ldquo;you&rdquo; means an owner or beneficial
owner of ADSs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>General </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The ADRs
are listed and traded on the New York Stock Exchange. Our common shares are listed on the New York Stock Exchange not for trading, but
only in connection with the registration of the ADS representing such common shares, pursuant to the requirements of the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The depositary
has executed and delivered, and may from time to time execute and deliver, ADRs. Each ADR is a certificate representing a specific number
of ADSs. Each ADS represents one common share (or a right to receive one common share) deposited with the principal office of Banco Bradesco
S.A., as agent for the depositary. Each ADS also represent any other securities, cash or other property, which may be held by the depositary.
The depositary&rsquo;s office at which the ADRs are administered, and its principal executive office is located at 240 Greenwich Street,
New York, New York 10286.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">You may
hold ADSs either directly (by having an ADR registered in your name) or indirectly through your broker or other financial institution.
If you hold ADSs directly, you are an ADR holder. This description assumes you hold your ADSs directly. If you hold the ADSs indirectly,
you must rely on the procedures of your broker or other financial institution to assert the rights of ADR holders described in this section.
You should consult with your broker or financial institution to find out what those procedures are.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">As an ADR
holder, we will not treat you as one of our shareholders and you will not have shareholder rights, which are governed by Brazilian law.
The depositary will be the holder of the shares underlying your ADSs. As a holder of ADRs, you will have ADR holder rights. The deposit
agreement sets out the ADR holder rights as well as the rights and obligations of the depositary. New York law governs the deposit agreement
and the ADRs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Dividends and Other Distributions
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><B><I>How will you receive dividends and
other distributions on the shares? </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt">The depositary has agreed to
pay you the cash dividends or other distributions it or the custodian receives on shares or other deposited securities, after deducting
its fees and expenses. You will receive these distributions in proportion to the number of shares your ADSs represent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><B><I>Cash. </I></B>The depositary will convert any cash dividend or other cash distribution we pay on the shares into U.S. dollars, if it can do so on a reasonable basis and can transfer the U.S. dollars to the United States. If that is not possible, or if any government approval is needed and cannot be obtained, the deposit agreement allows the depositary to distribute the foreign currency only to those ADR holders to whom it is possible to do so. With respect to the foreign currency that is not distributed, the depositary may either (i)&nbsp;distribute such foreign currency to the ADR holder upon its request or (ii)&nbsp;hold the foreign currency for the account of the ADR holders who have not been paid. It will not invest the foreign currency and it will not be liable for any interest. </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24.5pt">Before making a distribution,
the depositary will deduct any withholding taxes that must be paid. It will distribute only whole U.S. dollars and cents and will round
fractional cents to the nearest whole cent. <I>If the exchange rates fluctuate during a time when the depositary
cannot convert the foreign currency, you may lose some or all of the value of the distribution.</I></P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><B><I>Shares. </I></B>The depositary, after consulting with us, may, and if we request, must, distribute additional ADSs representing any shares we distribute as a dividend or free distribution. The depositary will only distribute whole ADSs. It will try to sell shares which would require it to deliver a fractional ADS and distribute the net proceeds in the same way as it does with cash. The depositary may also sell a portion of the distributed shares to pay fees and expenses in connection with the distribution. If the depositary does not distribute additional ADRs, the outstanding ADSs will also represent the new shares. </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><B><I>Rights to purchase additional shares.</I></B> If we offer holders of our securities any rights to subscribe for additional shares, or any other rights, the depositary may, after consulting with us, make these rights available to you. If the depositary decides it is not legal and practical to make these rights available after consulting with us, it may sell the rights and distribute the proceeds in the same way it does with cash. The depositary will allow rights that are not distributed or sold to lapse. <I>In that case, you will receive no value for them.</I></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">If the
depositary makes rights available to you, it will exercise the rights and acquire the shares on your behalf. The depositary will then
deposit the shares and deliver ADSs to you. It will only exercise these rights if you pay the exercise price and any other charges the
rights require you to pay.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">U.S. securities
laws may restrict transfers and cancellation of the ADSs represented by shares purchased upon exercise of rights. For example, you may
not be able to trade these ADSs freely in the United States. In this case, the depositary may deliver restricted depositary shares that
have the same terms as the ADRs described in this section except for changes needed to put the necessary restrictions in place.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify"><B><I>Other Distributions</I></B>. The depositary will, after consulting with us, send you anything else we distribute on deposited securities by any means it believes is legal, fair and practical. If it cannot make the distribution in that way, the depositary has a choice. It may decide to sell what we distributed and distribute the net proceeds, in the same way as it does with cash. Alternatively, it may decide to hold what we distributed, in which case ADSs will also represent the newly distributed property. The depositary may sell a portion of the distributed property to pay fees and expenses in connection with the distribution. </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The depositary
is not responsible if it decides that it is unlawful or impractical to make a distribution available to any ADR holders. We have no obligation
to register ADSs, shares, rights or other securities under the Securities Act. We also have no obligation to&nbsp;take any other action
to permit the distribution of ADRs, shares, rights or anything else to ADR holders. <I>This means that you may not receive the distributions
we make on our shares or any value for them if it is illegal or impractical for us to make them available to you.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Deposit and Withdrawal </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><B><I>How are ADSs issued? </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The depositary
will deliver ADSs if you or your broker deposits shares or evidence of rights to receive shares with the custodian. Upon payment of its
fees and expenses and of any taxes or charges, such as stamp taxes or stock transfer taxes or fees, the depositary will register the appropriate
number of ADSs in the names you request and will deliver the ADRs at its office to the persons you request. &nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><B><I>How do ADS holders cancel an ADR and
obtain shares? </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">You may
surrender your ADRs at the depositary&rsquo;s office. Upon payment of its fees and expenses and of any taxes or charges, such as stamp
taxes or stock transfer taxes or fees, the depositary will deliver the shares&nbsp;and any other deposited securities underlying the ADR&nbsp;to
you or a person you designate at the office of the custodian. Alternatively, at your request, risk and expense, the depositary will deliver
the deposited securities at its office, if feasible.</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Voting Rights </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><B><I>How do you vote? </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">You may
instruct the depositary to vote the number of shares your ADSs represent. The depositary will notify you of shareholders&rsquo; meetings
and arrange to deliver our voting materials to you if we ask it to. Those materials will describe the matters to be voted on and explain
how you may instruct the depositary how to vote. For instructions to be valid, they must reach the depositary by the date set by the depositary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The depositary
will try, as far as practical, subject to Brazilian law and the provisions of our organizational documents, to vote the number of shares,
or other deposited securities represented by your ADSs, as you instruct. The depositary will only vote or attempt to vote as you instruct,
or as described below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">We cannot
ensure that you will receive voting materials or otherwise learn of an upcoming shareholders&rsquo; meeting in time to ensure that you
can instruct the depositary to vote your shares. In addition, the depositary and its agents are not responsible for failing to carry out
voting instructions or for the manner in which the voting instructions are carried out. This means that you may not be able to vote, and
you may have no recourse if your shares are not voted as you requested.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">If we asked
the depositary to solicit your instructions and the depositary does not receive voting instructions from you by the specified date, it
will consider you to have authorized and directed it to give a discretionary proxy to a person designated by us to vote the number of
deposited securities represented by your ADSs. The depositary will give a discretionary proxy in those circumstances to vote on all questions
to be voted upon.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Fees and Expenses </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.4pt; margin-right: 0; margin-left: 0">The following
table summarizes the fees and expenses payable by holders of ADSs:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 52%">&nbsp;</TD>
    <TD STYLE="width: 48%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Persons depositing or withdrawing shares must pay:</B></P>
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-left: 0.1in">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>For</B></P>
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD></TR>
  <TR STYLE="background-color: #CFF0FC">
    <TD STYLE="vertical-align: top; font-size: 12pt"><FONT STYLE="font-size: 10pt">$5.00 (or less) per 100 ADSs (or portion of 100 ADSs)</FONT></TD>
    <TD STYLE="vertical-align: bottom">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(i) Issuance of ADSs, including issuances resulting from a distribution
    of shares or rights or other property; and</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt 12pt; text-indent: -12pt">(ii) Cancellation of ADSs for the purpose
    of withdrawal, including if the Deposit Agreement terminates</P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">$0.02 (or less) per ADSs</FONT></TD>
    <TD STYLE="text-align: justify">Any cash distribution</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CFF0FC">
    <TD STYLE="text-align: justify">A fee equivalent to the fee that would be payable if securities distributed to you had been shares and the shares had been deposited for issuance of ADSs</TD>
    <TD STYLE="text-align: justify">Distribution of securities to holders of deposited securities which are distributed by the depositary to ADS holders</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">$0.02 (or less) per ADSs per calendar year</TD>
    <TD STYLE="text-align: justify">Depositary services.</TD></TR>
  <TR STYLE="background-color: #CFF0FC">
    <TD STYLE="vertical-align: top; text-align: justify">Registration or transfer fees</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">Transfer and registration of shares on Ambev&rsquo;s share registry to or from the name of the Depositary or its agent when you deposit or withdraw shares.</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: justify">Expenses of the depositary</TD>
    <TD STYLE="vertical-align: bottom">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(i) Cable, telex and facsimile transmissions (when expressly provided in
    the deposit agreement); and</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt">(ii) Converting foreign currency to U.S. dollars</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CFF0FC">
    <TD STYLE="text-align: justify">Taxes and other governmental charges the depositary or the custodian have to pay on any ADS or share underlying an ADS, for example, stock transfer taxes, stamp duty (which currently are inapplicable in Brazil) or withholding taxes</TD>
    <TD STYLE="text-align: justify">As necessary</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify">Any charges incurred by the depositary or its agents for servicing the deposited securities</TD>
    <TD STYLE="text-align: justify">As necessary</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 13.5pt 0 0; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
depositary collects its fees for delivery and surrender of ADSs directly from investors depositing shares or surrendering ADSs for the
purpose of withdrawal or from intermediaries acting for them. The depositary collects fees for making distributions to investors by deducting those
fees from the amounts distributed or by selling a portion of distributable property to pay the fees. The depositary may collect its annual
fee for depositary services through a deduction from cash distributions, by directly billing investors or by charging the book-entry system
accounts of participants acting for them. The Depositary may collect any of its fees by deduction from any cash distribution payable to
ADS holders that are obligated to pay those fees. The depositary may generally refuse to provide fee-attracting services until its fees
for those services are paid.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 13.5pt 0 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Payment of Taxes </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The depositary
may deduct the amount of any taxes owed from any payments to you. It may also sell deposited securities, by public or private sale, to
pay any taxes owed. You will remain liable if the proceeds of the sale are not sufficient to pay the taxes. If the depositary sells deposited
securities, it will, if appropriate, reduce the number of ADSs to reflect the sale and pay to you any proceeds, or send you any property,
remaining after it has paid the taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Reclassifications, Recapitalizations
and Mergers </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 52%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 47%; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-bottom: 0.75pt; text-align: justify"><B><I>If we:</I></B></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-bottom: 0.75pt; text-align: justify"><B><I>Then:</I></B></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24pt; text-align: justify; text-indent: -24pt">&bull;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change
    the par value of our shares</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24pt; text-align: justify; text-indent: -24pt">&bull;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reclassify,
    split up or consolidate any of the deposited securities</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24pt; text-align: justify; text-indent: -24pt">&bull;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Distribute
    securities on the shares that are not distributed to you</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.75pt 24pt; text-align: justify; text-indent: -24pt">&bull;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recapitalize,
    reorganize, merge, liquidate, sell all or substantially all of our assets, or take any similar action</P></TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The cash, shares or other securities received by the
    depositary will become deposited securities. Each ADS will automatically represent its equal share of the new deposited securities.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.75pt; text-align: justify">The depositary may distribute some or all
    of the cash, shares or other securities it received. It may also deliver new ADRs or ask you to surrender your outstanding ADRs in exchange
    for new ADRs identifying the new deposited securities.</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Amendment and Termination
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><B><I>How may the deposit agreement be amended?
</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">We may
agree with the depositary to amend the deposit agreement and the ADRs without your consent for any reason. If an amendment adds or increases
fees or charges, except for taxes and other governmental charges or expenses of the depositary for registration fees, facsimile costs,
delivery charges or similar items, or prejudices a substantial right of ADR holders, it will not become effective for outstanding ADRs
until 30 days after the depositary notifies ADR holders of the amendment. At the time an amendment becomes effective, you are considered,
by continuing to hold your ADR, to agree to the amendment and to be bound by the ADRs and the deposit agreement as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><B><I>How may the deposit agreement be terminated?
</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The depositary
will terminate the deposit agreement if we ask it to do so. The depositary may also terminate the deposit agreement if the depositary
has told us that it would like to resign, and we have not appointed a new depositary bank within 60 days. In either case, the depositary
must notify you at least 30 days before termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">After termination,
the depositary and its agents&rsquo; actions under the deposit agreement will be limited to the following: (1)&nbsp;advise you that the
deposit agreement is terminated, (2)&nbsp;collect distributions on the deposited securities (3)&nbsp;sell rights and other property, and
(4)&nbsp;deliver shares and other deposited securities upon cancellation of ADRs. One year or more after termination, the depositary may
sell any remaining deposited securities by public or private sale. After that, the depositary will hold the money it received from the
sale, as well as any other cash it is holding under the deposit agreement
for the pro rata benefit of the ADR holders that have not surrendered their ADRs. It will not invest the money and has no liability for
interest. The depositary&rsquo;s only obligations will be to account for the money and other cash. After termination of the deposit agreement
our only obligations will be to indemnify the depositary and to pay fees and expenses of the depositary that we agreed to pay.</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25in 0 0; text-align: justify"><B>Limitations on Obligations and Liability
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">The deposit agreement expressly
limits our obligations and the obligations of the depositary. It also limits our liability and the liability of the depositary. We and
the depositary:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">are only obligated to take the actions specifically set forth in the deposit agreement without negligence or bad faith; </TD></TR>
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">are not liable if either of us is prevented or delayed by law or circumstances beyond our control from performing our obligations under the deposit agreement; </TD></TR>
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">are not liable if either of us exercises discretion permitted under the deposit agreement; </TD></TR>
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">have no obligation to become involved in a lawsuit or other proceeding related to the ADRs or the deposit agreement on your behalf or on behalf of any other person unless it is indemnified on a basis satisfactory to it; and </TD></TR>
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">may rely upon any documents we believe in good faith to be genuine and to have been signed or presented by the proper party. </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 9pt 0 0; text-align: justify">In the deposit agreement, we agree to indemnify
the depositary for acting as depositary, except for losses caused by the depositary&rsquo;s own negligence or bad faith, and the depositary
agrees to indemnify us for losses resulting from its negligence or bad faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25in 0 0; text-align: justify"><B>Requirements for Depositary Actions </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">Before the depositary will
deliver or register a transfer of an ADR, make a distribution on an ADR, or permit withdrawal of shares or other property, the depositary
may require:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">payment of stock transfer or other taxes or other governmental charges and transfer or registration fees charged by third parties for the transfer of any shares or other deposited securities; </TD></TR>
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">satisfactory proof of the identity and authenticity of any signature or other information it deems necessary; and </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">compliance with regulations it may establish, from time to time, consistent with the deposit agreement, including presentation of transfer documents. </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">The depositary may refuse
to deliver ADRs or register transfers of ADRs generally when the transfer books of the depositary or our transfer books are closed or
at any time if the depositary or we think it advisable to do so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.25in 0 0; text-align: justify"><B>Your Right to Receive the Shares Underlying
your ADRs </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">You have the right to cancel
your ADRs and withdraw the underlying shares at any time except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 4%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">When temporary delays arise because: (i)&nbsp;the depositary has closed its transfer books, or we have closed our transfer books; (ii)&nbsp;the transfer of shares is blocked to permit voting at a shareholders&rsquo; meeting; or (iii)&nbsp;we are paying a dividend on our shares. </TD></TR>
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">When you owe money to pay fees, taxes or similar charges. </TD></TR>
  <TR>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&bull;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify">When it is necessary to prohibit withdrawals in order to comply with any laws or governmental regulations that apply to ADRs or to the withdrawal of shares or other deposited securities. </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">This right of withdrawal
may not be limited by any other provision of the deposit agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Pre-release of ADRs </B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 24.5pt; margin-right: 0; margin-left: 0">The deposit
agreement permits the depositary to deliver ADRs before deposit of the underlying shares, which is referred to as a pre-release of the
ADR. The depositary may also deliver shares upon surrender of pre-released ADRs (even if the ADRs are surrendered before the pre-release
transaction has been closed out). A pre-release is closed out as soon as the underlying shares are delivered to the depositary. The depositary
may receive ADRs instead of shares to close out a pre-release. The depositary may pre-release ADRs only under the following conditions:
(i)&nbsp;before or at the time of the pre-release, the person to whom the pre-release is being made represents to the depositary in writing
that it or its customer owns the shares or ADRs to be deposited; (ii)&nbsp;the pre-release is fully collateralized with cash or other
collateral that the depositary considers appropriate; (iii)&nbsp;the depositary must be able to close out the pre-release on not more
than five business days&rsquo; notice; and (iv)&nbsp;any other indemnities and credit regulations are provided in which the depositary
may deem necessary. In addition, the depositary will limit the number of ADSs that may be outstanding at any time as a result of pre-release,
although the depositary may disregard the limit from time to time, if it thinks it is appropriate to do so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><B>Shareholder communications;
inspection of register of holders of ADSs </B></P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: left">The depositary will make available for your
inspection at its office all communications that it receives from us as a holder of deposited securities that we make generally available
to holders of deposited securities. The depositary will send you copies of those communications if we ask it to. You have a right to inspect
the register of holders of ADSs, but not for the purpose of contacting those holders about a matter unrelated to our business or the ADSs.</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">***</P>

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<TYPE>EX-8.1
<SEQUENCE>3
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<DESCRIPTION>EX-8.1
<TEXT>
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<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: left">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-transform: uppercase; text-indent: 0in">Exhibit 8.1.&#9;List
of AMBEV&rsquo;S Material Subsidiaries</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-transform: uppercase; text-align: justify; text-indent: 0in"><FONT STYLE="font-weight: normal; text-transform: none">Our
operations are conducted principally by Ambev, and, in the case of our CAC, Latin America South and Canadian operations, by direct and
indirect subsidiaries of Ambev. The following is a list of the significant companies that Ambev controlled, either directly or indirectly,
as of December&nbsp;31, 2022:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">1.</TD><TD STYLE="text-align: justify">The Company indirectly owns 99.75% of the economic and voting interests in Cerveceria Y Malteria Quilmes
Saica Y G (incorporated in Argentina).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">2.</TD><TD STYLE="text-align: justify">The Company indirectly owns 85.34% of the economic and voting interests in Cerveceria Boliviana Nacional
S.A. (incorporated in Bolivia).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">3.</TD><TD STYLE="text-align: justify">The Company, directly and indirectly, owns 100% of the economic and voting interests in Arosuco Aromas
e Sucos Ltda. (incorporated in Brazil).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">4.</TD><TD STYLE="text-align: justify">The Company, directly and indirectly, owns 100% of the economic and voting interests in CRBS S.A (incorporated
in Brazil).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">5.</TD><TD STYLE="text-align: justify">The Company, directly and indirectly, owns 100% of the economic and voting interests in Cervejaria ZX
S.A. (incorporated in Brazil).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">6.</TD><TD STYLE="text-align: justify">The Company indirectly owns 100% of Labatt Brewing Co. Ltd. (incorporated in Canada).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">7.</TD><TD STYLE="text-align: justify">The Company indirectly owns 100% of the economic and voting interests in Cerveceria Chile S.A. (incorporated
in Chile).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">8.</TD><TD STYLE="text-align: justify">The Company directly owns 100% of the economic and voting interests in Jalua Spain S.L. (incorporated
in Spain).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">9.</TD><TD STYLE="text-align: justify">The Company directly owns 100% of the economic and voting interests in Ambev Luxembourg S.&agrave; R.L.
(incorporated in Luxembourg).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">10.</TD><TD STYLE="text-align: justify">The Company indirectly owns 50.0% of the economic and voting interests in Industrias Del Atl&aacute;ntico,
Sociedad An&oacute;nima (incorporated in Guatemala).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">11.</TD><TD STYLE="text-align: justify">The Company indirectly owns 87.35% of the economic and voting interests in Cerveceria Paraguaya S.A. (incorporated
in Paraguay).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">12.</TD><TD STYLE="text-align: justify">The Company indirectly owns 85.00% of the economic and voting interests in Cervecer&iacute;a Nacional
Dominicana S.A. (incorporated in Dominican Republic).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">13.</TD><TD STYLE="text-align: justify">The Company indirectly owns 100% of the economic and voting interests in Linthal S.A., (incorporated in
Uruguay).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">14.</TD><TD STYLE="text-align: justify">The Company indirectly owns 99.93% of the economic and voting interests in Cerveceria Y Malteria Payssand&uacute;
S.A. (incorporated in Uruguay).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">15.</TD><TD STYLE="text-align: justify">The Company indirectly owns 100% of the economic and voting interests in Monthiers S.A. (incorporated
in Uruguay).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.7pt"></TD><TD STYLE="width: 36pt">16.</TD><TD STYLE="text-align: justify">The Company, directly and indirectly, owns 100% of the economic and voting interests in Cervecer&iacute;a
Nacional S. de R.L. (incorporated in Panama).</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">***</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>


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<TYPE>EX-12.1
<SEQUENCE>4
<FILENAME>ex12-1.htm
<DESCRIPTION>EX-12.1
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 12.1</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">PRINCIPAL EXECUTIVE OFFICER CERTIFICATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">I, Jean Jereissati Neto,
certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I
have reviewed this annual report on Form 20-F of Ambev S.A. (the &ldquo;Company&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered
by this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the Company and have:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">Evaluated the effectiveness of the Company&rsquo;s disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by
this report based on such evaluation; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">Disclosed in this report any change in the Company&rsquo;s internal control over financial reporting that
occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the
Company&rsquo;s internal control over financial reporting; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&rsquo;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial
reporting, to the Company&rsquo;s auditors and the audit committee of Company&rsquo;s Board of Directors (or persons performing the equivalent
functions):</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the Company&rsquo;s ability to record, process, summarize and report
financial information; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">Any fraud, whether or not material, that involves management or other employees who have a significant
role in the Company&rsquo;s internal control over financial reporting.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Date: March 17, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">/s/ Jean Jereissati Neto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Name:&#9;Jean Jereissati Neto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Title:&#9;Chief Executive Officer</P>
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<TYPE>EX-12.2
<SEQUENCE>5
<FILENAME>ex12-2.htm
<DESCRIPTION>EX-12.2
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: right"><B>Exhibit 12.2</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">PRINCIPAL FINANCIAL OFFICER CERTIFICATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">I, Lucas Machado Lira,
certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I
have reviewed this annual report on Form 20-F of Ambev S.A. (the &ldquo;Company&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered
by this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the Company and have:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">Evaluated the effectiveness of the Company&rsquo;s disclosure controls and procedures and presented in
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by
this report based on such evaluation; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">Disclosed in this report any change in the Company&rsquo;s internal control over financial reporting that
occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the
Company&rsquo;s internal control over financial reporting; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company&rsquo;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial
reporting, to the Company&rsquo;s auditors and the audit committee of Company&rsquo;s Board of Directors (or persons performing the equivalent
functions):</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the Company&rsquo;s ability to record, process, summarize and report
financial information; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">Any fraud, whether or not material, that involves management or other employees who have a significant
role in the Company&rsquo;s internal control over financial reporting.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Date: March 17, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">/s/ Lucas Machado Lira</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Name:&#9;Lucas Machado Lira</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Title:&#9;Chief Financial Officer</P>

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<TYPE>EX-13.1
<SEQUENCE>6
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: right"><B>Exhibit 13.1</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">Certification of the Principal Executive
Officer<BR>
Pursuant to 18 U.S.C. Section&nbsp;1350,<BR>
As Adopted Pursuant to Section&nbsp;906 of the Sarbanes-Oxley Act of 2002</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">In connection with the
annual report of Ambev S.A. (the &ldquo;Company&rdquo;) on Form 20-F for the year ended December 31, 2022, as filed with the Securities
and Exchange Commission on the date hereof, or the Report, I, Jean Jereissati Neto, Chief Executive Officer of the Company, certify, pursuant
to 18 U.S.C. &sect; 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify">The Report fully complies with the requirements of Section&nbsp;13(a) or 15(d) of the Securities Exchange
Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify">The information contained in the Report fairly presents, in all material respects, the financial condition
and results of operations of the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Date: March 17, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">/s/ Jean Jereissati Neto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Name:&#9;Jean Jereissati Neto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Title:&#9;Chief Executive Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">A signed original of this written statement
required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange
Commission or its staff upon request.</P>


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<SEQUENCE>7
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<DESCRIPTION>EX-13.2
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: right"><B>Exhibit 13.2</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">Certification of the Principal Financial
Officer<BR>
Pursuant to 18 U.S.C. Section&nbsp;1350,<BR>
As Adopted Pursuant to Section&nbsp;906 of the Sarbanes - Oxley Act of 2002</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; text-indent: 0.5in">In connection with the
annual report of Ambev S.A. (the Company) on Form 20&ndash;F for the year ended December 31, 2022, as filed with the Securities and Exchange
Commission on the date hereof, or the Report, I, Lucas Machado Lira, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C.
&sect; 1350, as adopted pursuant to Section 906 of the Sarbanes&ndash;Oxley Act of 2002, that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify">The Report fully complies with the requirements of Section&nbsp;13(a) or 15(d) of the Securities Exchange
Act of 1934 (15 U.S.C. 78m(a) or 78o(d)); and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify">The information contained in the Report fairly presents, in all material respects, the financial condition
and results of operations of the Company.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">Date: March 17, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">/s/ Lucas Machado Lira</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Name:&#9;Lucas Machado Lira</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">Title:&#9;Chief Financial Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify">A signed original of this written statement
required by Section&nbsp;906 has been provided to the Company and will be retained by the Company and furnished to the Securities and
Exchange Commission or its staff upon request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


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<FILENAME>abevform20f2022_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
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M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
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	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/SummaryOfSignificantAccountingPolicies" id="SummaryOfSignificantAccountingPolicies">
	  <link:definition>00000009 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/UseOfEstimatesAndJudgments" id="UseOfEstimatesAndJudgments">
	  <link:definition>00000010 - Disclosure - USE OF ESTIMATES AND JUDGMENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/SegmentReporting" id="SegmentReporting">
	  <link:definition>00000011 - Disclosure - SEGMENT REPORTING</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/NetSales" id="NetSales">
	  <link:definition>00000012 - Disclosure - NET SALES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/OtherOperatingIncomeexpenses" id="OtherOperatingIncomeexpenses">
	  <link:definition>00000013 - Disclosure - OTHER OPERATING INCOME/(EXPENSES)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/ExceptionalItems" id="ExceptionalItems">
	  <link:definition>00000014 - Disclosure - EXCEPTIONAL ITEMS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/PayrollAndRelatedBenefits" id="PayrollAndRelatedBenefits">
	  <link:definition>00000015 - Disclosure - PAYROLL AND RELATED BENEFITS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/AdditionalInformationOnCostOfSalesAndOperatingExpensesByNature" id="AdditionalInformationOnCostOfSalesAndOperatingExpensesByNature">
	  <link:definition>00000016 - Disclosure - ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/FinanceExpensesAndIncome" id="FinanceExpensesAndIncome">
	  <link:definition>00000017 - Disclosure - FINANCE EXPENSES AND INCOME</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/IncomeTaxAndSocialContribution" id="IncomeTaxAndSocialContribution">
	  <link:definition>00000018 - Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/PropertyPlantAndEquipment" id="PropertyPlantAndEquipment">
	  <link:definition>00000019 - Disclosure - PROPERTY, PLANT AND EQUIPMENT</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Goodwill" id="Goodwill">
	  <link:definition>00000020 - Disclosure - GOODWILL</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Intangibles" id="Intangibles">
	  <link:definition>00000021 - Disclosure - INTANGIBLES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/InvestmentSecurities" id="InvestmentSecurities">
	  <link:definition>00000022 - Disclosure - INVESTMENT SECURITIES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/DeferredIncomeTaxAndSocialContribution" id="DeferredIncomeTaxAndSocialContribution">
	  <link:definition>00000023 - Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/RecoverableTaxes" id="RecoverableTaxes">
	  <link:definition>00000024 - Disclosure - RECOVERABLE TAXES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Inventory" id="Inventory">
	  <link:definition>00000025 - Disclosure - INVENTORY</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/TradeReceivables" id="TradeReceivables">
	  <link:definition>00000026 - Disclosure - TRADE RECEIVABLES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/CashAndCashEquivalents" id="CashAndCashEquivalents">
	  <link:definition>00000027 - Disclosure - CASH AND CASH EQUIVALENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/ChangesInEquity" id="ChangesInEquity">
	  <link:definition>00000028 - Disclosure - CHANGES IN EQUITY</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Interest-bearingLoansAndBorrowing" id="Interest-bearingLoansAndBorrowing">
	  <link:definition>00000029 - Disclosure - INTEREST-BEARING LOANS AND BORROWING</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/EmployeeBenefits" id="EmployeeBenefits">
	  <link:definition>00000030 - Disclosure - EMPLOYEE BENEFITS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Share-basedPayments" id="Share-basedPayments">
	  <link:definition>00000031 - Disclosure - SHARE-BASED PAYMENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/TradePayables" id="TradePayables">
	  <link:definition>00000032 - Disclosure - TRADE PAYABLES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Provisions" id="Provisions">
	  <link:definition>00000033 - Disclosure - PROVISIONS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/FinancialInstrumentsAndRisks" id="FinancialInstrumentsAndRisks">
	  <link:definition>00000034 - Disclosure - FINANCIAL INSTRUMENTS AND RISKS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/CollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthers" id="CollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthers">
	  <link:definition>00000035 - Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Contingencies" id="Contingencies">
	  <link:definition>00000036 - Disclosure - CONTINGENCIES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/RelatedParties" id="RelatedParties">
	  <link:definition>00000037 - Disclosure - RELATED PARTIES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/GroupCompanies" id="GroupCompanies">
	  <link:definition>00000038 - Disclosure - GROUP COMPANIES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Insurance" id="Insurance">
	  <link:definition>00000039 - Disclosure - INSURANCE</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" id="SummaryOfSignificantAccountingPoliciesPolicies">
	  <link:definition>00000040 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/SummaryOfSignificantAccountingPoliciesTables" id="SummaryOfSignificantAccountingPoliciesTables">
	  <link:definition>00000041 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/SegmentReportingTables" id="SegmentReportingTables">
	  <link:definition>00000042 - Disclosure - SEGMENT REPORTING (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/NetSalesTables" id="NetSalesTables">
	  <link:definition>00000043 - Disclosure - NET SALES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/OtherOperatingIncomeexpensesTables" id="OtherOperatingIncomeexpensesTables">
	  <link:definition>00000044 - Disclosure - OTHER OPERATING INCOME/(EXPENSES) (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/ExceptionalItemsTables" id="ExceptionalItemsTables">
	  <link:definition>00000045 - Disclosure - EXCEPTIONAL ITEMS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/PayrollAndRelatedBenefitsTables" id="PayrollAndRelatedBenefitsTables">
	  <link:definition>00000046 - Disclosure - PAYROLL AND RELATED BENEFITS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureTables" id="AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureTables">
	  <link:definition>00000047 - Disclosure - ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/FinanceExpensesAndIncomeTables" id="FinanceExpensesAndIncomeTables">
	  <link:definition>00000048 - Disclosure - FINANCE EXPENSES AND INCOME (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/IncomeTaxAndSocialContributionTables" id="IncomeTaxAndSocialContributionTables">
	  <link:definition>00000049 - Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/PropertyPlantAndEquipmentTables" id="PropertyPlantAndEquipmentTables">
	  <link:definition>00000050 - Disclosure - PROPERTY, PLANT AND EQUIPMENT (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/GoodwillTables" id="GoodwillTables">
	  <link:definition>00000051 - Disclosure - GOODWILL (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/IntangiblesTables" id="IntangiblesTables">
	  <link:definition>00000052 - Disclosure - INTANGIBLES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/InvestmentSecuritiesTables" id="InvestmentSecuritiesTables">
	  <link:definition>00000053 - Disclosure - INVESTMENT SECURITIES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/DeferredIncomeTaxAndSocialContributionTables" id="DeferredIncomeTaxAndSocialContributionTables">
	  <link:definition>00000054 - Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/RecoverableTaxesTables" id="RecoverableTaxesTables">
	  <link:definition>00000055 - Disclosure - RECOVERABLE TAXES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/InventoryTables" id="InventoryTables">
	  <link:definition>00000056 - Disclosure - INVENTORY (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/TradeReceivablesTables" id="TradeReceivablesTables">
	  <link:definition>00000057 - Disclosure - TRADE RECEIVABLES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/CashAndCashEquivalentsTables" id="CashAndCashEquivalentsTables">
	  <link:definition>00000058 - Disclosure - CASH AND CASH EQUIVALENTS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/ChangesInEquityTables" id="ChangesInEquityTables">
	  <link:definition>00000059 - Disclosure - CHANGES IN EQUITY (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Interest-bearingLoansAndBorrowingTables" id="Interest-bearingLoansAndBorrowingTables">
	  <link:definition>00000060 - Disclosure - INTEREST-BEARING LOANS AND BORROWING (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/EmployeeBenefitsTables" id="EmployeeBenefitsTables">
	  <link:definition>00000061 - Disclosure - EMPLOYEE BENEFITS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/Share-basedPaymentsTables" id="Share-basedPaymentsTables">
	  <link:definition>00000062 - Disclosure - SHARE-BASED PAYMENTS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/TradePayablesTables" id="TradePayablesTables">
	  <link:definition>00000063 - Disclosure - TRADE PAYABLES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/ProvisionsTables" id="ProvisionsTables">
	  <link:definition>00000064 - Disclosure - PROVISIONS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/FinancialInstrumentsAndRisksTables" id="FinancialInstrumentsAndRisksTables">
	  <link:definition>00000065 - Disclosure - FINANCIAL INSTRUMENTS AND RISKS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/CollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersTables" id="CollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersTables">
	  <link:definition>00000066 - Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://ambev.com.br/role/ContingenciesTables" id="ContingenciesTables">
	  <link:definition>00000067 - Disclosure - CONTINGENCIES (Tables)</link:definition>
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    <element id="abev_CarryingValueAdjustmentsMember" name="CarryingValueAdjustmentsMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TenedoraMember" name="TenedoraMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ELJMember" name="ELJMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TrancheAMember" name="TrancheAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TrancheBMember" name="TrancheBMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CanadianDollarsSpentInCanadaAndCubaMember" name="CanadianDollarsSpentInCanadaAndCubaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_DominicanPesosSpentInTheDominicanRepublicMember" name="DominicanPesosSpentInTheDominicanRepublicMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_USDollarsSpentInPanamaAndCubaMember" name="USDollarsSpentInPanamaAndCubaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_QuetzalSpentInGuatemalaMember" name="QuetzalSpentInGuatemalaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ArgentineanPesoSpentInArgentinaMember" name="ArgentineanPesoSpentInArgentinaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_BolivianPesoSpentInBoliviaMember" name="BolivianPesoSpentInBoliviaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_GuaraniSpentInParaguaiMember" name="GuaraniSpentInParaguaiMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_UruguayanPesoSpentInUruguayMember" name="UruguayanPesoSpentInUruguayMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ChileanPesoSpentInChileMember" name="ChileanPesoSpentInChileMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_BarbadianDollarSpentInBarbadosMember" name="BarbadianDollarSpentInBarbadosMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_PlantAndEquipmentMember" name="PlantAndEquipmentMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_FixturesMember" name="FixturesMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_FittingsMember" name="FittingsMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ExternalUseAssetsCommercialAssetsMember" name="ExternalUseAssetsCommercialAssetsMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_Brazil1Member" name="Brazil1Member" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CACMember" name="CACMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_SouthLatinAmericaSegmentMember" name="SouthLatinAmericaSegmentMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CanadaSegmentMember" name="CanadaSegmentMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_BeerMember" name="BeerMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_NABMember" name="NABMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_MachineryEquipmentAndVehiclesMember" name="MachineryEquipmentAndVehiclesMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LeaseTerm2022.2026Member" name="LeaseTerm2022.2026Member" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LeaseTerm2027.2031Member" name="LeaseTerm2027.2031Member" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LeaseTerm2032.2036Member" name="LeaseTerm2032.2036Member" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_DominicanRepublicMember" name="DominicanRepublicMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_PanamaMember" name="PanamaMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ArgentinaMember" name="ArgentinaMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LatinAmericaSouthMember" name="LatinAmericaSouthMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_ChileMember" name="ChileMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ParaguayMember" name="ParaguayMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_UruguayMember" name="UruguayMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CanadaMember" name="CanadaMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_Canada1Member" name="Canada1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_BrazilMember" name="BrazilMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CommercialIntangiblesMember" name="CommercialIntangiblesMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_OthersMember" name="OthersMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_IntangibleAssetsInCanadaMember" name="IntangibleAssetsInCanadaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_IntangibleAssetsInChileMember" name="IntangibleAssetsInChileMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_IntangibleAssetsInPanamaMember" name="IntangibleAssetsInPanamaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_IntangibleAssetsInUruaguayMember" name="IntangibleAssetsInUruaguayMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_LuxembourgMember" name="LuxembourgMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ArgentineMember" name="ArgentineMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_TemporaryDifferencesIntangiblesMember" name="TemporaryDifferencesIntangiblesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_TemporaryDifferencesDerivativesMember" name="TemporaryDifferencesDerivativesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" name="TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TemporaryDifferencesInventoriesMember" name="TemporaryDifferencesInventoriesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember" name="TemporaryDifferencesPropertyPlantAndEquipmentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" name="TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TemporaryDifferencesInvestmentsInJointVenturesMember" name="TemporaryDifferencesInvestmentsInJointVenturesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TemporaryDifferencesProvisionsMember" name="TemporaryDifferencesProvisionsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember" name="ImpactOfAdoptionOfIFRSAccountingPolicyMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember" name="ICMSFromTheAssessmentBasesOfPISCOFINSMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TemporaryDifferencesOtherItemsMember" name="TemporaryDifferencesOtherItemsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_DeferredTaxesNotRelatedToTaxLossesMember" name="DeferredTaxesNotRelatedToTaxLossesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember" name="LaterThanFiveYearsAndNotLaterThanEightYearsMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LaterThanEightYearsAndNotLaterThanTenYearsMember" name="LaterThanEightYearsAndNotLaterThanTenYearsMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_ICMSMember" name="ICMSMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_IPIMember" name="IPIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_InventoryProvisionMember" name="InventoryProvisionMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_BadDebtProvisionMember" name="BadDebtProvisionMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LessThanOneMonthMember" name="LessThanOneMonthMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember" name="LaterThanThreeMonthsAndLessThanSixMonthsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LaterThanSixMonthsAndLessThan12MonthsMember" name="LaterThanSixMonthsAndLessThan12MonthsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_LaterThanAYearMember" name="LaterThanAYearMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_NetIncomeReservesInvestmentReserveMember" name="NetIncomeReservesInvestmentReserveMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_NetIncomeReservesLegalReserveMember" name="NetIncomeReservesLegalReserveMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_NetIncomeReservesFiscalIncentiveMember" name="NetIncomeReservesFiscalIncentiveMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_NetIncomeReserveMember" name="NetIncomeReserveMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CarryingValueAdjustmentsTranslationReservesMember" name="CarryingValueAdjustmentsTranslationReservesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CarryingValueAdjustmentsCashFlowHedgeMember" name="CarryingValueAdjustmentsCashFlowHedgeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" name="CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" name="CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CarryingValueAdjustmentsBusinessCombinationMember" name="CarryingValueAdjustmentsBusinessCombinationMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" name="CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_CarryingValueAdjustmentMember" name="CarryingValueAdjustmentMember" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_UnsecuredBankLoansMember" name="UnsecuredBankLoansMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_DebtDenominatedInUSDollarsMember" name="DebtDenominatedInUSDollarsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember" name="DebtDenominatedInOtherLatinAmericanCurrenciesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_DebtDenominatedInCADDollarsMember" name="DebtDenominatedInCADDollarsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_ReaisDebtRelatedToICMSMember" name="ReaisDebtRelatedToICMSMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_TwoHealthCarePlansFromFundacaoZerrennerMember" name="TwoHealthCarePlansFromFundacaoZerrennerMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_EmployeeBenefitLiabilitiesMember" name="EmployeeBenefitLiabilitiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_EmployeeBenefitsAssetsMember" name="EmployeeBenefitsAssetsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" name="EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" name="EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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    <element id="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" name="EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
    <element id="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" name="EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" />
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</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>11
<FILENAME>abev-20221231_cal.xml
<DESCRIPTION>XBRL CALCULATION FILE
<TEXT>
<XBRL>
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<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>13
<FILENAME>abev-20221231_lab.xml
<DESCRIPTION>XBRL LABEL FILE
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ELJMember" xlink:label="abev_ELJMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ELJMember" xlink:to="abev_ELJMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ELJMember_lbl" xml:lang="en-US">ELJ [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfOrdinarySharesAxis" xlink:label="ifrs-full_ClassesOfOrdinarySharesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfOrdinarySharesAxis" xlink:to="ifrs-full_ClassesOfOrdinarySharesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfOrdinarySharesAxis_lbl" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TrancheAMember" xlink:label="abev_TrancheAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TrancheAMember" xlink:to="abev_TrancheAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TrancheAMember_lbl" xml:lang="en-US">Tranche A [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TrancheBMember" xlink:label="abev_TrancheBMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TrancheBMember" xlink:to="abev_TrancheBMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TrancheBMember_lbl" xml:lang="en-US">Tranche B [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="ifrs-full_GeographicalAreasAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasAxis" xlink:to="ifrs-full_GeographicalAreasAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xml:lang="en-US">Geographical areas [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CanadianDollarsSpentInCanadaAndCubaMember" xlink:label="abev_CanadianDollarsSpentInCanadaAndCubaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CanadianDollarsSpentInCanadaAndCubaMember" xlink:to="abev_CanadianDollarsSpentInCanadaAndCubaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CanadianDollarsSpentInCanadaAndCubaMember_lbl" xml:lang="en-US">Canadian Dollars spent in Canada and Cuba [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DominicanPesosSpentInTheDominicanRepublicMember" xlink:label="abev_DominicanPesosSpentInTheDominicanRepublicMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DominicanPesosSpentInTheDominicanRepublicMember" xlink:to="abev_DominicanPesosSpentInTheDominicanRepublicMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DominicanPesosSpentInTheDominicanRepublicMember_lbl" xml:lang="en-US">Dominican Pesos spent in the Dominican Republic [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_USDollarsSpentInPanamaAndCubaMember" xlink:label="abev_USDollarsSpentInPanamaAndCubaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsSpentInPanamaAndCubaMember" xlink:to="abev_USDollarsSpentInPanamaAndCubaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_USDollarsSpentInPanamaAndCubaMember_lbl" xml:lang="en-US">US Dollars spent in Panama and Cuba [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_QuetzalSpentInGuatemalaMember" xlink:label="abev_QuetzalSpentInGuatemalaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_QuetzalSpentInGuatemalaMember" xlink:to="abev_QuetzalSpentInGuatemalaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_QuetzalSpentInGuatemalaMember_lbl" xml:lang="en-US">Quetzal spent in Guatemala [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ArgentineanPesoSpentInArgentinaMember" xlink:label="abev_ArgentineanPesoSpentInArgentinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ArgentineanPesoSpentInArgentinaMember" xlink:to="abev_ArgentineanPesoSpentInArgentinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ArgentineanPesoSpentInArgentinaMember_lbl" xml:lang="en-US">Argentinean Peso spent in Argentina [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BolivianPesoSpentInBoliviaMember" xlink:label="abev_BolivianPesoSpentInBoliviaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BolivianPesoSpentInBoliviaMember" xlink:to="abev_BolivianPesoSpentInBoliviaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BolivianPesoSpentInBoliviaMember_lbl" xml:lang="en-US">Bolivian Peso spent in Bolivia [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GuaraniSpentInParaguaiMember" xlink:label="abev_GuaraniSpentInParaguaiMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GuaraniSpentInParaguaiMember" xlink:to="abev_GuaraniSpentInParaguaiMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GuaraniSpentInParaguaiMember_lbl" xml:lang="en-US">Guarani spent in Paraguai [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_UruguayanPesoSpentInUruguayMember" xlink:label="abev_UruguayanPesoSpentInUruguayMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UruguayanPesoSpentInUruguayMember" xlink:to="abev_UruguayanPesoSpentInUruguayMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_UruguayanPesoSpentInUruguayMember_lbl" xml:lang="en-US">Uruguayan Peso spent in Uruguay [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ChileanPesoSpentInChileMember" xlink:label="abev_ChileanPesoSpentInChileMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChileanPesoSpentInChileMember" xlink:to="abev_ChileanPesoSpentInChileMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ChileanPesoSpentInChileMember_lbl" xml:lang="en-US">Chilean Peso spent in Chile [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BarbadianDollarSpentInBarbadosMember" xlink:label="abev_BarbadianDollarSpentInBarbadosMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BarbadianDollarSpentInBarbadosMember" xlink:to="abev_BarbadianDollarSpentInBarbadosMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BarbadianDollarSpentInBarbadosMember_lbl" xml:lang="en-US">Barbadian Dollar spent in Barbados [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BuildingsMember" xlink:label="ifrs-full_BuildingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BuildingsMember" xlink:to="ifrs-full_BuildingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BuildingsMember_lbl" xml:lang="en-US">Buildings [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PlantAndEquipmentMember" xlink:label="abev_PlantAndEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlantAndEquipmentMember" xlink:to="abev_PlantAndEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PlantAndEquipmentMember_lbl" xml:lang="en-US">Plant And Equipment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FixturesMember" xlink:label="abev_FixturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FixturesMember" xlink:to="abev_FixturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FixturesMember_lbl" xml:lang="en-US">Fixtures [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FittingsMember" xlink:label="abev_FittingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FittingsMember" xlink:to="abev_FittingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FittingsMember_lbl" xml:lang="en-US">Fittings [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RangeAxis" xlink:label="ifrs-full_RangeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US">Range [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BottomOfRangeMember" xlink:label="ifrs-full_BottomOfRangeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US">Bottom of range [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ExternalUseAssetsCommercialAssetsMember" xlink:label="abev_ExternalUseAssetsCommercialAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExternalUseAssetsCommercialAssetsMember" xlink:to="abev_ExternalUseAssetsCommercialAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ExternalUseAssetsCommercialAssetsMember_lbl" xml:lang="en-US">External Use Assets Commercial Assets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TopOfRangeMember" xlink:label="ifrs-full_TopOfRangeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TopOfRangeMember_lbl" xml:lang="en-US">Top of range [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SegmentsAxis" xlink:label="ifrs-full_SegmentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentsAxis_lbl" xml:lang="en-US">Segments [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Brazil1Member" xlink:label="abev_Brazil1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Brazil1Member" xlink:to="abev_Brazil1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Brazil1Member_lbl" xml:lang="en-US">Brazil 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CACMember" xlink:label="abev_CACMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CACMember" xlink:to="abev_CACMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CACMember_lbl" xml:lang="en-US">C A C [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_SouthLatinAmericaSegmentMember" xlink:label="abev_SouthLatinAmericaSegmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SouthLatinAmericaSegmentMember" xlink:to="abev_SouthLatinAmericaSegmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_SouthLatinAmericaSegmentMember_lbl" xml:lang="en-US">South Latin America Segment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CanadaSegmentMember" xlink:label="abev_CanadaSegmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CanadaSegmentMember" xlink:to="abev_CanadaSegmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CanadaSegmentMember_lbl" xml:lang="en-US">Canada Segment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SegmentConsolidationItemsAxis" xlink:label="ifrs-full_SegmentConsolidationItemsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentConsolidationItemsAxis" xlink:to="ifrs-full_SegmentConsolidationItemsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentConsolidationItemsAxis_lbl" xml:lang="en-US">Segment consolidation items [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OperatingSegmentsMember" xlink:label="ifrs-full_OperatingSegmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingSegmentsMember" xlink:to="ifrs-full_OperatingSegmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingSegmentsMember_lbl" xml:lang="en-US">Operating segments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:to="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl" xml:lang="en-US">Elimination of intersegment amounts [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_UnallocatedAmountsMember" xlink:label="ifrs-full_UnallocatedAmountsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnallocatedAmountsMember" xlink:to="ifrs-full_UnallocatedAmountsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnallocatedAmountsMember_lbl" xml:lang="en-US">Unallocated amounts [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProductsAndServicesAxis" xlink:label="ifrs-full_ProductsAndServicesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProductsAndServicesAxis" xlink:to="ifrs-full_ProductsAndServicesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProductsAndServicesAxis_lbl" xml:lang="en-US">Products and services [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BeerMember" xlink:label="abev_BeerMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BeerMember" xlink:to="abev_BeerMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BeerMember_lbl" xml:lang="en-US">Beer [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NABMember" xlink:label="abev_NABMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NABMember" xlink:to="abev_NABMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NABMember_lbl" xml:lang="en-US">N A B [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis" xlink:to="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis_lbl" xml:lang="en-US">Property, plant and equipment by operating lease status [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" xlink:label="ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember" xlink:to="ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_lbl" xml:lang="en-US">Property, plant and equipment not subject to operating leases [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" xlink:label="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember" xlink:to="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_lbl" xml:lang="en-US">Property, plant and equipment subject to operating leases [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="ifrs-full_GrossCarryingAmountMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl" xml:lang="en-US">Gross carrying amount [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LandAndBuildingsMember" xlink:label="ifrs-full_LandAndBuildingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LandAndBuildingsMember" xlink:to="ifrs-full_LandAndBuildingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LandAndBuildingsMember_lbl" xml:lang="en-US">Land and buildings [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="ifrs-full_FixturesAndFittingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FixturesAndFittingsMember" xlink:to="ifrs-full_FixturesAndFittingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FixturesAndFittingsMember_lbl" xml:lang="en-US">Fixtures and fittings [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="ifrs-full_ConstructionInProgressMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConstructionInProgressMember" xlink:to="ifrs-full_ConstructionInProgressMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ConstructionInProgressMember_lbl" xml:lang="en-US">Construction in progress [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:to="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xml:lang="en-US">Accumulated depreciation, amortisation and impairment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_MachineryEquipmentAndVehiclesMember" xlink:label="abev_MachineryEquipmentAndVehiclesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MachineryEquipmentAndVehiclesMember" xlink:to="abev_MachineryEquipmentAndVehiclesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_MachineryEquipmentAndVehiclesMember_lbl" xml:lang="en-US">Machinery Equipment And Vehicles [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xml:lang="en-US">Other property, plant and equipment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_MaturityAxis" xlink:label="ifrs-full_MaturityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaturityAxis_lbl" xml:lang="en-US">Maturity [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LeaseTerm2022.2026Member" xlink:label="abev_LeaseTerm2022.2026Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LeaseTerm2022.2026Member" xlink:to="abev_LeaseTerm2022.2026Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LeaseTerm2022.2026Member_lbl" xml:lang="en-US">Lease Term 2022. 2026 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LeaseTerm2027.2031Member" xlink:label="abev_LeaseTerm2027.2031Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LeaseTerm2027.2031Member" xlink:to="abev_LeaseTerm2027.2031Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LeaseTerm2027.2031Member_lbl" xml:lang="en-US">Lease Term 2027. 2031 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LeaseTerm2032.2036Member" xlink:label="abev_LeaseTerm2032.2036Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LeaseTerm2032.2036Member" xlink:to="abev_LeaseTerm2032.2036Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LeaseTerm2032.2036Member_lbl" xml:lang="en-US">Lease Term 2032. 2036 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:to="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_lbl" xml:lang="en-US">Individual assets or cash-generating units [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_StatementGeographicalAxis" xlink:label="srt_StatementGeographicalAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_StatementGeographicalAxis" xlink:to="srt_StatementGeographicalAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_StatementGeographicalAxis_lbl" xml:lang="en-US">Geographical [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DominicanRepublicMember" xlink:label="abev_DominicanRepublicMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DominicanRepublicMember" xlink:to="abev_DominicanRepublicMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DominicanRepublicMember_lbl" xml:lang="en-US">Dominican Republic [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PanamaMember" xlink:label="abev_PanamaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PanamaMember" xlink:to="abev_PanamaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PanamaMember_lbl" xml:lang="en-US">Panama [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ArgentinaMember" xlink:label="abev_ArgentinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ArgentinaMember" xlink:to="abev_ArgentinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ArgentinaMember_lbl" xml:lang="en-US">Argentina [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LatinAmericaSouthMember" xlink:label="abev_LatinAmericaSouthMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LatinAmericaSouthMember" xlink:to="abev_LatinAmericaSouthMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LatinAmericaSouthMember_lbl" xml:lang="en-US">Latin America, south [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BoliviaMember" xlink:label="abev_BoliviaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BoliviaMember" xlink:to="abev_BoliviaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BoliviaMember_lbl" xml:lang="en-US">Bolivia [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ChileMember" xlink:label="abev_ChileMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChileMember" xlink:to="abev_ChileMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ChileMember_lbl" xml:lang="en-US">Chile [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ParaguayMember" xlink:label="abev_ParaguayMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ParaguayMember" xlink:to="abev_ParaguayMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ParaguayMember_lbl" xml:lang="en-US">Paraguay [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_UruguayMember" xlink:label="abev_UruguayMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UruguayMember" xlink:to="abev_UruguayMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_UruguayMember_lbl" xml:lang="en-US">Uruguay [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CanadaMember" xlink:label="abev_CanadaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CanadaMember" xlink:to="abev_CanadaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CanadaMember_lbl" xml:lang="en-US">Canada [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Canada1Member" xlink:label="abev_Canada1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Canada1Member" xlink:to="abev_Canada1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Canada1Member_lbl" xml:lang="en-US">Canada 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_UnobservableInputsAxis" xlink:label="ifrs-full_UnobservableInputsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnobservableInputsAxis" xlink:to="ifrs-full_UnobservableInputsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnobservableInputsAxis_lbl" xml:lang="en-US">Unobservable inputs [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" xlink:label="ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember" xlink:to="ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember_lbl" xml:lang="en-US">Weighted average cost of capital, measurement input [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BrazilMember" xlink:label="abev_BrazilMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BrazilMember" xlink:to="abev_BrazilMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BrazilMember_lbl" xml:lang="en-US">Brazil [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BrandNamesMember" xlink:label="ifrs-full_BrandNamesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BrandNamesMember" xlink:to="ifrs-full_BrandNamesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BrandNamesMember_lbl" xml:lang="en-US">Brand names [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CommercialIntangiblesMember" xlink:label="abev_CommercialIntangiblesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommercialIntangiblesMember" xlink:to="abev_CommercialIntangiblesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CommercialIntangiblesMember_lbl" xml:lang="en-US">Commercial Intangibles [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ComputerSoftwareMember" xlink:label="ifrs-full_ComputerSoftwareMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComputerSoftwareMember_lbl" xml:lang="en-US">Computer software [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OthersMember" xlink:label="abev_OthersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OthersMember" xlink:to="abev_OthersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OthersMember_lbl" xml:lang="en-US">Others [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" xlink:label="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis" xlink:to="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis_lbl" xml:lang="en-US">Intangible assets with indefinite useful life [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInArgentinaMember" xlink:label="abev_IntangibleAssetsInArgentinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInArgentinaMember" xlink:to="abev_IntangibleAssetsInArgentinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInArgentinaMember_lbl" xml:lang="en-US">Intangible assets in Argentina [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInBoliviaMember" xlink:label="abev_IntangibleAssetsInBoliviaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInBoliviaMember" xlink:to="abev_IntangibleAssetsInBoliviaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInBoliviaMember_lbl" xml:lang="en-US">Intangible assets in Bolivia [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInCanadaMember" xlink:label="abev_IntangibleAssetsInCanadaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInCanadaMember" xlink:to="abev_IntangibleAssetsInCanadaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInCanadaMember_lbl" xml:lang="en-US">Intangible assets in Canada [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInChileMember" xlink:label="abev_IntangibleAssetsInChileMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInChileMember" xlink:to="abev_IntangibleAssetsInChileMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInChileMember_lbl" xml:lang="en-US">Intangible assets in Chile [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInLuxembourgMember" xlink:label="abev_IntangibleAssetsInLuxembourgMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInLuxembourgMember" xlink:to="abev_IntangibleAssetsInLuxembourgMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInLuxembourgMember_lbl" xml:lang="en-US">Intangible assets in Luxembourg [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInParaguayMember" xlink:label="abev_IntangibleAssetsInParaguayMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInParaguayMember" xlink:to="abev_IntangibleAssetsInParaguayMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInParaguayMember_lbl" xml:lang="en-US">Intangible assets in Paraguay [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInTheDominicanRepublicMember" xlink:label="abev_IntangibleAssetsInTheDominicanRepublicMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInTheDominicanRepublicMember" xlink:to="abev_IntangibleAssetsInTheDominicanRepublicMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInTheDominicanRepublicMember_lbl" xml:lang="en-US">Intangible assets in the Dominican Republic [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInPanamaMember" xlink:label="abev_IntangibleAssetsInPanamaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInPanamaMember" xlink:to="abev_IntangibleAssetsInPanamaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInPanamaMember_lbl" xml:lang="en-US">Intangible assets in Panama [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsInUruaguayMember" xlink:label="abev_IntangibleAssetsInUruaguayMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInUruaguayMember" xlink:to="abev_IntangibleAssetsInUruaguayMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangibleAssetsInUruaguayMember_lbl" xml:lang="en-US">Intangible assets in Uruaguay [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CentralAmericaAndTheCaribbeanMember" xlink:label="abev_CentralAmericaAndTheCaribbeanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CentralAmericaAndTheCaribbeanMember" xlink:to="abev_CentralAmericaAndTheCaribbeanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CentralAmericaAndTheCaribbeanMember_lbl" xml:lang="en-US">Central America and the Caribbean [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LuxembourgMember" xlink:label="abev_LuxembourgMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LuxembourgMember" xlink:to="abev_LuxembourgMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LuxembourgMember_lbl" xml:lang="en-US">Luxembourg [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ArgentineMember" xlink:label="abev_ArgentineMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ArgentineMember" xlink:to="abev_ArgentineMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ArgentineMember_lbl" xml:lang="en-US">Argentine [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:label="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:to="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_lbl" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesInvestmentsInSecuritiesMember" xlink:label="abev_TemporaryDifferencesInvestmentsInSecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInvestmentsInSecuritiesMember" xlink:to="abev_TemporaryDifferencesInvestmentsInSecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesInvestmentsInSecuritiesMember_lbl" xml:lang="en-US">Temporary differences, investments in securities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesIntangiblesMember" xlink:label="abev_TemporaryDifferencesIntangiblesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesIntangiblesMember" xlink:to="abev_TemporaryDifferencesIntangiblesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesIntangiblesMember_lbl" xml:lang="en-US">Temporary differences, intangibles [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesEmployeeBenefitsMember" xlink:label="abev_TemporaryDifferencesEmployeeBenefitsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesEmployeeBenefitsMember" xlink:to="abev_TemporaryDifferencesEmployeeBenefitsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesEmployeeBenefitsMember_lbl" xml:lang="en-US">Temporary differences, employee benefits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesTradePayablesMember" xlink:label="abev_TemporaryDifferencesTradePayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesTradePayablesMember" xlink:to="abev_TemporaryDifferencesTradePayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesTradePayablesMember_lbl" xml:lang="en-US">Temporary differences, trade payables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesTradeReceivableMember" xlink:label="abev_TemporaryDifferencesTradeReceivableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesTradeReceivableMember" xlink:to="abev_TemporaryDifferencesTradeReceivableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesTradeReceivableMember_lbl" xml:lang="en-US">Temporary differences, trade receivable [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesDerivativesMember" xlink:label="abev_TemporaryDifferencesDerivativesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesDerivativesMember" xlink:to="abev_TemporaryDifferencesDerivativesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesDerivativesMember_lbl" xml:lang="en-US">Temporary differences, derivatives [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" xlink:label="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" xlink:to="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_lbl" xml:lang="en-US">Temporary differences, interest-bearing loans and borrowings [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesInventoriesMember" xlink:label="abev_TemporaryDifferencesInventoriesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInventoriesMember" xlink:to="abev_TemporaryDifferencesInventoriesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesInventoriesMember_lbl" xml:lang="en-US">Temporary differences, inventories [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesPropertyPlantAndEquipmentMember" xlink:label="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember" xlink:to="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember_lbl" xml:lang="en-US">Temporary differences, property, plant and equipment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" xlink:label="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" xlink:to="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_lbl" xml:lang="en-US">Temporary differences, withholding tax over undistributed profits and royalties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesInvestmentsInJointVenturesMember" xlink:label="abev_TemporaryDifferencesInvestmentsInJointVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInvestmentsInJointVenturesMember" xlink:to="abev_TemporaryDifferencesInvestmentsInJointVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesInvestmentsInJointVenturesMember_lbl" xml:lang="en-US">Temporary differences, investments in joint ventures [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_UnusedTaxLossesMember" xlink:label="ifrs-full_UnusedTaxLossesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnusedTaxLossesMember" xlink:to="ifrs-full_UnusedTaxLossesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnusedTaxLossesMember_lbl" xml:lang="en-US">Unused tax losses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesProvisionsMember" xlink:label="abev_TemporaryDifferencesProvisionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesProvisionsMember" xlink:to="abev_TemporaryDifferencesProvisionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesProvisionsMember_lbl" xml:lang="en-US">Temporary differences, provisions [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember" xlink:label="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember" xlink:to="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember_lbl" xml:lang="en-US">Impact of adoption of IFRS accounting policy [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember" xlink:label="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember" xlink:to="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember_lbl" xml:lang="en-US">ICMS from the assessment bases of PIS COFINS [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TemporaryDifferencesOtherItemsMember" xlink:label="abev_TemporaryDifferencesOtherItemsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesOtherItemsMember" xlink:to="abev_TemporaryDifferencesOtherItemsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TemporaryDifferencesOtherItemsMember_lbl" xml:lang="en-US">Temporary differences, other items [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="ifrs-full_NotLaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xml:lang="en-US">Not later than one year [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="ifrs-full_LaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearMember" xlink:to="ifrs-full_LaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearMember_lbl" xml:lang="en-US">Later than one year [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DeferredTaxesNotRelatedToTaxLossesMember" xlink:label="abev_DeferredTaxesNotRelatedToTaxLossesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeferredTaxesNotRelatedToTaxLossesMember" xlink:to="abev_DeferredTaxesNotRelatedToTaxLossesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DeferredTaxesNotRelatedToTaxLossesMember_lbl" xml:lang="en-US">Deferred taxes not related to tax losses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember" xlink:label="abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember" xlink:to="abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember_lbl" xml:lang="en-US">Later Than Three Years And Not Later Than Fours Years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember" xlink:label="abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember" xlink:to="abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember_lbl" xml:lang="en-US">Later Than Five Years And Not Later Than Eight Years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanEightYearsAndNotLaterThanTenYearsMember" xlink:label="abev_LaterThanEightYearsAndNotLaterThanTenYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanEightYearsAndNotLaterThanTenYearsMember" xlink:to="abev_LaterThanEightYearsAndNotLaterThanTenYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LaterThanEightYearsAndNotLaterThanTenYearsMember_lbl" xml:lang="en-US">Later Than Eight Years And Not Later Than Ten Years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PISCOFINSExclusionOfICMSMember" xlink:label="abev_PISCOFINSExclusionOfICMSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PISCOFINSExclusionOfICMSMember" xlink:to="abev_PISCOFINSExclusionOfICMSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PISCOFINSExclusionOfICMSMember_lbl" xml:lang="en-US">PIS COFINS exclusion of ICMS [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ICMSMember" xlink:label="abev_ICMSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ICMSMember" xlink:to="abev_ICMSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ICMSMember_lbl" xml:lang="en-US">ICMS [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherTemporaryDifferencesMember" xlink:label="ifrs-full_OtherTemporaryDifferencesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherTemporaryDifferencesMember" xlink:to="ifrs-full_OtherTemporaryDifferencesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherTemporaryDifferencesMember_lbl" xml:lang="en-US">Other temporary differences [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PiscofinsMember" xlink:label="abev_PiscofinsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PiscofinsMember" xlink:to="abev_PiscofinsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PiscofinsMember_lbl" xml:lang="en-US">Piscofins [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IPIMember" xlink:label="abev_IPIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IPIMember" xlink:to="abev_IPIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IPIMember_lbl" xml:lang="en-US">IPI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="ifrs-full_ClassesOfProvisionsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfProvisionsAxis" xlink:to="ifrs-full_ClassesOfProvisionsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfProvisionsAxis_lbl" xml:lang="en-US">Classes of other provisions [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InventoryProvisionMember" xlink:label="abev_InventoryProvisionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InventoryProvisionMember" xlink:to="abev_InventoryProvisionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InventoryProvisionMember_lbl" xml:lang="en-US">Inventory Provision [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BadDebtProvisionMember" xlink:label="abev_BadDebtProvisionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BadDebtProvisionMember" xlink:to="abev_BadDebtProvisionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BadDebtProvisionMember_lbl" xml:lang="en-US">Bad Debt Provision [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PastDueStatusAxis" xlink:label="ifrs-full_PastDueStatusAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusAxis" xlink:to="ifrs-full_PastDueStatusAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastDueStatusAxis_lbl" xml:lang="en-US">Past due status [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentMember" xlink:label="ifrs-full_CurrentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentMember" xlink:to="ifrs-full_CurrentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentMember_lbl" xml:lang="en-US">Current [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LessThanOneMonthMember" xlink:label="abev_LessThanOneMonthMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LessThanOneMonthMember" xlink:to="abev_LessThanOneMonthMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LessThanOneMonthMember_lbl" xml:lang="en-US">Less than one month [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_lbl" xml:lang="en-US">Later than one month and not later than two months [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:label="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_lbl" xml:lang="en-US">Later than two months and not later than three months [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanThreeMonthsAndLessThanSixMonthsMember" xlink:label="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember" xlink:to="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember_lbl" xml:lang="en-US">Later than three months and less than six months [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanSixMonthsAndLessThan12MonthsMember" xlink:label="abev_LaterThanSixMonthsAndLessThan12MonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanSixMonthsAndLessThan12MonthsMember" xlink:to="abev_LaterThanSixMonthsAndLessThan12MonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LaterThanSixMonthsAndLessThan12MonthsMember_lbl" xml:lang="en-US">Later than six months and less than 12 months [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanAYearMember" xlink:label="abev_LaterThanAYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanAYearMember" xlink:to="abev_LaterThanAYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LaterThanAYearMember_lbl" xml:lang="en-US">Later than a year [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TreasurySharesMember" xlink:label="ifrs-full_TreasurySharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasurySharesMember" xlink:to="ifrs-full_TreasurySharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasurySharesMember_lbl" xml:lang="en-US">Treasury shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SharePremiumMember" xlink:label="ifrs-full_SharePremiumMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharePremiumMember_lbl" xml:lang="en-US">Share premium [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherReservesMember" xlink:label="ifrs-full_OtherReservesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReservesMember" xlink:to="ifrs-full_OtherReservesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReservesMember_lbl" xml:lang="en-US">Other reserves [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ReserveOfSharebasedPaymentsMember" xlink:label="ifrs-full_ReserveOfSharebasedPaymentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReserveOfSharebasedPaymentsMember" xlink:to="ifrs-full_ReserveOfSharebasedPaymentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReserveOfSharebasedPaymentsMember_lbl" xml:lang="en-US">Reserve of share-based payments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CountryOfDomicileMember" xlink:label="ifrs-full_CountryOfDomicileMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CountryOfDomicileMember" xlink:to="ifrs-full_CountryOfDomicileMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CountryOfDomicileMember_lbl" xml:lang="en-US">Country of domicile [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetIncomeReservesInvestmentReserveMember" xlink:label="abev_NetIncomeReservesInvestmentReserveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetIncomeReservesInvestmentReserveMember" xlink:to="abev_NetIncomeReservesInvestmentReserveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NetIncomeReservesInvestmentReserveMember_lbl" xml:lang="en-US">Net income reserves, investment reserve [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetIncomeReservesLegalReserveMember" xlink:label="abev_NetIncomeReservesLegalReserveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetIncomeReservesLegalReserveMember" xlink:to="abev_NetIncomeReservesLegalReserveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NetIncomeReservesLegalReserveMember_lbl" xml:lang="en-US">Net Income Reserves Legal Reserve [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetIncomeReservesFiscalIncentiveMember" xlink:label="abev_NetIncomeReservesFiscalIncentiveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetIncomeReservesFiscalIncentiveMember" xlink:to="abev_NetIncomeReservesFiscalIncentiveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NetIncomeReservesFiscalIncentiveMember_lbl" xml:lang="en-US">Net income reserves, fiscal incentive [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetIncomeReserveMember" xlink:label="abev_NetIncomeReserveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetIncomeReserveMember" xlink:to="abev_NetIncomeReserveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NetIncomeReserveMember_lbl" xml:lang="en-US">Net Income Reserve [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentsTranslationReservesMember" xlink:label="abev_CarryingValueAdjustmentsTranslationReservesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsTranslationReservesMember" xlink:to="abev_CarryingValueAdjustmentsTranslationReservesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentsTranslationReservesMember_lbl" xml:lang="en-US">Carrying value adjustments, translation reserves [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentsCashFlowHedgeMember" xlink:label="abev_CarryingValueAdjustmentsCashFlowHedgeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsCashFlowHedgeMember" xlink:to="abev_CarryingValueAdjustmentsCashFlowHedgeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentsCashFlowHedgeMember_lbl" xml:lang="en-US">Carrying value adjustments, cash flow hedge [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentsActuarialGainslossesMember" xlink:label="abev_CarryingValueAdjustmentsActuarialGainslossesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsActuarialGainslossesMember" xlink:to="abev_CarryingValueAdjustmentsActuarialGainslossesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentsActuarialGainslossesMember_lbl" xml:lang="en-US">Carrying value adjustments, actuarial gains/losses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" xlink:label="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" xlink:to="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_lbl" xml:lang="en-US">Carrying value adjustments, put option granted on subsidiary [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" xlink:label="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" xlink:to="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_lbl" xml:lang="en-US">Carrying value adjustments, gains (losses) of non-controlling interest's share [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentsBusinessCombinationMember" xlink:label="abev_CarryingValueAdjustmentsBusinessCombinationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsBusinessCombinationMember" xlink:to="abev_CarryingValueAdjustmentsBusinessCombinationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentsBusinessCombinationMember_lbl" xml:lang="en-US">Carrying value adjustments, business combination [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" xlink:label="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" xlink:to="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_lbl" xml:lang="en-US">Carrying value adjustments, accounting adjustments for transactions between shareholders [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CarryingValueAdjustmentMember" xlink:label="abev_CarryingValueAdjustmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentMember" xlink:to="abev_CarryingValueAdjustmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CarryingValueAdjustmentMember_lbl" xml:lang="en-US">Carrying Value Adjustment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xml:lang="en-US">Classes of liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_SecuredBankLoansMember" xlink:label="abev_SecuredBankLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SecuredBankLoansMember" xlink:to="abev_SecuredBankLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_SecuredBankLoansMember_lbl" xml:lang="en-US">Secured bank loans [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherUnsecuredLoansMember" xlink:label="abev_OtherUnsecuredLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherUnsecuredLoansMember" xlink:to="abev_OtherUnsecuredLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherUnsecuredLoansMember_lbl" xml:lang="en-US">Other unsecured loans [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LeaseLiabilitiesMember" xlink:label="ifrs-full_LeaseLiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl" xml:lang="en-US">Lease liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_UnsecuredBankLoansMember" xlink:label="abev_UnsecuredBankLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UnsecuredBankLoansMember" xlink:to="abev_UnsecuredBankLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_UnsecuredBankLoansMember_lbl" xml:lang="en-US">Unsecured bank loans [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="ifrs-full_BorrowingsByNameAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsByNameAxis_lbl" xml:lang="en-US">Borrowings by name [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DebtDenominatedInUSDollarsMember" xlink:label="abev_DebtDenominatedInUSDollarsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DebtDenominatedInUSDollarsMember" xlink:to="abev_DebtDenominatedInUSDollarsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DebtDenominatedInUSDollarsMember_lbl" xml:lang="en-US">Debt denominated in US Dollars [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_WeightedAverageMember" xlink:label="srt_WeightedAverageMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_WeightedAverageMember" xlink:to="srt_WeightedAverageMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_WeightedAverageMember_lbl" xml:lang="en-US">Weighted Average [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TypesOfInterestRatesAxis" xlink:label="ifrs-full_TypesOfInterestRatesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInterestRatesAxis" xlink:to="ifrs-full_TypesOfInterestRatesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfInterestRatesAxis_lbl" xml:lang="en-US">Types of interest rates [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FixedInterestRateMember" xlink:label="ifrs-full_FixedInterestRateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FixedInterestRateMember" xlink:to="ifrs-full_FixedInterestRateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FixedInterestRateMember_lbl" xml:lang="en-US">Fixed interest rate [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ReaisDebenturesRelatedToCDIMember" xlink:label="abev_ReaisDebenturesRelatedToCDIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReaisDebenturesRelatedToCDIMember" xlink:to="abev_ReaisDebenturesRelatedToCDIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ReaisDebenturesRelatedToCDIMember_lbl" xml:lang="en-US">Reais debentures related to CDI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FloatingInterestRateMember" xlink:label="ifrs-full_FloatingInterestRateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FloatingInterestRateMember" xlink:to="ifrs-full_FloatingInterestRateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FloatingInterestRateMember_lbl" xml:lang="en-US">Floating interest rate [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember" xlink:label="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember" xlink:to="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember_lbl" xml:lang="en-US">Debt denominated in other Latin American currencies [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DebtDenominatedInCADDollarsMember" xlink:label="abev_DebtDenominatedInCADDollarsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DebtDenominatedInCADDollarsMember" xlink:to="abev_DebtDenominatedInCADDollarsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DebtDenominatedInCADDollarsMember_lbl" xml:lang="en-US">Debt denominated in CAD Dollars [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ReaisDebtMember" xlink:label="abev_ReaisDebtMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReaisDebtMember" xlink:to="abev_ReaisDebtMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ReaisDebtMember_lbl" xml:lang="en-US">Reais debt [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ReaisDebtRelatedToICMSMember" xlink:label="abev_ReaisDebtRelatedToICMSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReaisDebtRelatedToICMSMember" xlink:to="abev_ReaisDebtRelatedToICMSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ReaisDebtRelatedToICMSMember_lbl" xml:lang="en-US">Reais debt related to ICMS [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="ifrs-full_DefinedBenefitPlansAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansAxis" xlink:to="ifrs-full_DefinedBenefitPlansAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitPlansAxis_lbl" xml:lang="en-US">Defined benefit plans [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TwoHealthCarePlansFromFundacaoZerrennerMember" xlink:label="abev_TwoHealthCarePlansFromFundacaoZerrennerMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TwoHealthCarePlansFromFundacaoZerrennerMember" xlink:to="abev_TwoHealthCarePlansFromFundacaoZerrennerMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TwoHealthCarePlansFromFundacaoZerrennerMember_lbl" xml:lang="en-US">Two health care plans from Fundacao Zerrenner [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitLiabilitiesMember" xlink:label="abev_EmployeeBenefitLiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitLiabilitiesMember" xlink:to="abev_EmployeeBenefitLiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitLiabilitiesMember_lbl" xml:lang="en-US">Employee benefit liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="ifrs-full_ClassesOfAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xml:lang="en-US">Classes of assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsAssetsMember" xlink:label="abev_EmployeeBenefitsAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsAssetsMember" xlink:to="abev_EmployeeBenefitsAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsAssetsMember_lbl" xml:lang="en-US">Employee benefits assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:label="ifrs-full_NetDefinedBenefitLiabilityAssetAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:to="ifrs-full_NetDefinedBenefitLiabilityAssetAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDefinedBenefitLiabilityAssetAxis_lbl" xml:lang="en-US">Net defined benefit liability (asset) [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:label="ifrs-full_PresentValueOfDefinedBenefitObligationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:to="ifrs-full_PresentValueOfDefinedBenefitObligationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PresentValueOfDefinedBenefitObligationMember_lbl" xml:lang="en-US">Present value of defined benefit obligation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PlanAssetsMember" xlink:label="ifrs-full_PlanAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PlanAssetsMember" xlink:to="ifrs-full_PlanAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PlanAssetsMember_lbl" xml:lang="en-US">Plan assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EffectOfAssetCeilingMember" xlink:label="ifrs-full_EffectOfAssetCeilingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfAssetCeilingMember" xlink:to="ifrs-full_EffectOfAssetCeilingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EffectOfAssetCeilingMember_lbl" xml:lang="en-US">Effect of asset ceiling [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_lbl" xml:lang="en-US">Employee benefit revenue (expenses) allocated to other operating income/(expenses), net [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" xlink:label="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" xlink:to="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_lbl" xml:lang="en-US">Employee benefit revenue (expenses) allocated to cost of sales [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_lbl" xml:lang="en-US">Employee benefit revenue (expenses) allocated to sales and marketing expenses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_lbl" xml:lang="en-US">Employee benefit revenue (expenses) allocated to administrative expenses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_lbl" xml:lang="en-US">Employee benefit revenue (expenses) allocated to financial expenses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionsAxis" xlink:label="ifrs-full_ActuarialAssumptionsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionsAxis" xlink:to="ifrs-full_ActuarialAssumptionsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionsAxis_lbl" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:label="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:to="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember_lbl" xml:lang="en-US">Actuarial assumption of medical cost trend rates [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:to="ifrs-full_ActuarialAssumptionOfDiscountRatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRatesMember_lbl" xml:lang="en-US">Actuarial assumption of discount rates [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_lbl" xml:lang="en-US">Actuarial assumption of expected rates of salary increases [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember" xlink:label="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember" xlink:to="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_lbl" xml:lang="en-US">Actuarial assumption of life expectancy after retirement [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PlanAssetsGovernmentBondsMember" xlink:label="abev_PlanAssetsGovernmentBondsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsGovernmentBondsMember" xlink:to="abev_PlanAssetsGovernmentBondsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PlanAssetsGovernmentBondsMember_lbl" xml:lang="en-US">Plan assets, government bonds [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PlanAssetsCorporateBondsMember" xlink:label="abev_PlanAssetsCorporateBondsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsCorporateBondsMember" xlink:to="abev_PlanAssetsCorporateBondsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PlanAssetsCorporateBondsMember_lbl" xml:lang="en-US">Plan assets, corporate bonds [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PlanAssetsEquityInstrumentsMember" xlink:label="abev_PlanAssetsEquityInstrumentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsEquityInstrumentsMember" xlink:to="abev_PlanAssetsEquityInstrumentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PlanAssetsEquityInstrumentsMember_lbl" xml:lang="en-US">Plan assets, equity instruments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PlanAssetsCashMember" xlink:label="abev_PlanAssetsCashMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsCashMember" xlink:to="abev_PlanAssetsCashMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PlanAssetsCashMember_lbl" xml:lang="en-US">Plan assets, cash [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PlanAssetsOthersMember" xlink:label="abev_PlanAssetsOthersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsOthersMember" xlink:to="abev_PlanAssetsOthersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PlanAssetsOthersMember_lbl" xml:lang="en-US">Plan assets, others [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GrantOneMember" xlink:label="abev_GrantOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrantOneMember" xlink:to="abev_GrantOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GrantOneMember_lbl" xml:lang="en-US">Grant one [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GrantTwoMember" xlink:label="abev_GrantTwoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrantTwoMember" xlink:to="abev_GrantTwoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GrantTwoMember_lbl" xml:lang="en-US">Grant two [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GrantThreeMember" xlink:label="abev_GrantThreeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrantThreeMember" xlink:to="abev_GrantThreeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GrantThreeMember_lbl" xml:lang="en-US">Grant three [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DeferredStockUnitsOfGrantOneMember" xlink:label="abev_DeferredStockUnitsOfGrantOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeferredStockUnitsOfGrantOneMember" xlink:to="abev_DeferredStockUnitsOfGrantOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DeferredStockUnitsOfGrantOneMember_lbl" xml:lang="en-US">Deferred stock units of Grant One [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RestrictedSharesMember" xlink:label="abev_RestrictedSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RestrictedSharesMember" xlink:to="abev_RestrictedSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RestrictedSharesMember_lbl" xml:lang="en-US">Restricted shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RestrictedSharesUnderTheSharebasedPlanMember" xlink:label="abev_RestrictedSharesUnderTheSharebasedPlanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RestrictedSharesUnderTheSharebasedPlanMember" xlink:to="abev_RestrictedSharesUnderTheSharebasedPlanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RestrictedSharesUnderTheSharebasedPlanMember_lbl" xml:lang="en-US">Restricted shares under the share-based plan [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradePayableMember" xlink:label="abev_TradePayableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradePayableMember" xlink:to="abev_TradePayableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TradePayableMember_lbl" xml:lang="en-US">Trade payable [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:label="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:to="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_lbl" xml:lang="en-US">Provision for taxes other than income tax [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProvisionsForLaborMember" xlink:label="abev_ProvisionsForLaborMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProvisionsForLaborMember" xlink:to="abev_ProvisionsForLaborMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProvisionsForLaborMember_lbl" xml:lang="en-US">Provisions for labor [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LegalProceedingsProvisionMember" xlink:label="ifrs-full_LegalProceedingsProvisionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LegalProceedingsProvisionMember" xlink:to="ifrs-full_LegalProceedingsProvisionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LegalProceedingsProvisionMember_lbl" xml:lang="en-US">Legal proceedings provision [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_MiscellaneousOtherProvisionsMember" xlink:label="ifrs-full_MiscellaneousOtherProvisionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherProvisionsMember" xlink:to="ifrs-full_MiscellaneousOtherProvisionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousOtherProvisionsMember_lbl" xml:lang="en-US">Miscellaneous other provisions [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalContingentProvisionsMember" xlink:label="abev_TotalContingentProvisionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalContingentProvisionsMember" xlink:to="abev_TotalContingentProvisionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalContingentProvisionsMember_lbl" xml:lang="en-US">Total contingent provisions [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RestructuringProvisionMember" xlink:label="ifrs-full_RestructuringProvisionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RestructuringProvisionMember" xlink:to="ifrs-full_RestructuringProvisionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RestructuringProvisionMember_lbl" xml:lang="en-US">Restructuring provision [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="ifrs-full_TypesOfRisksAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xml:lang="en-US">Types of risks [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalCostExposureMember" xlink:label="abev_TotalCostExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalCostExposureMember" xlink:to="abev_TotalCostExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalCostExposureMember_lbl" xml:lang="en-US">Total cost exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CommoditiesRiskPortionOfCostExposureMember" xlink:label="abev_CommoditiesRiskPortionOfCostExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommoditiesRiskPortionOfCostExposureMember" xlink:to="abev_CommoditiesRiskPortionOfCostExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CommoditiesRiskPortionOfCostExposureMember_lbl" xml:lang="en-US">Commodities risk portion of cost exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_USDollarsRiskPortionOfCostExposureMember" xlink:label="abev_USDollarsRiskPortionOfCostExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsRiskPortionOfCostExposureMember" xlink:to="abev_USDollarsRiskPortionOfCostExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_USDollarsRiskPortionOfCostExposureMember_lbl" xml:lang="en-US">US Dollars risk portion of cost exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EurosRiskPortionOfCostExposureMember" xlink:label="abev_EurosRiskPortionOfCostExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EurosRiskPortionOfCostExposureMember" xlink:to="abev_EurosRiskPortionOfCostExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EurosRiskPortionOfCostExposureMember_lbl" xml:lang="en-US">Euros risk portion of cost exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_MexicanPesosRiskPortionOfCostExposureMember" xlink:label="abev_MexicanPesosRiskPortionOfCostExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MexicanPesosRiskPortionOfCostExposureMember" xlink:to="abev_MexicanPesosRiskPortionOfCostExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_MexicanPesosRiskPortionOfCostExposureMember_lbl" xml:lang="en-US">Mexican Pesos risk portion of cost exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalFixedAssetExposureMember" xlink:label="abev_TotalFixedAssetExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalFixedAssetExposureMember" xlink:to="abev_TotalFixedAssetExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalFixedAssetExposureMember_lbl" xml:lang="en-US">Total fixed asset exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_USDollarsRiskPortionOfFixedAssetsExposureMember" xlink:label="abev_USDollarsRiskPortionOfFixedAssetsExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsRiskPortionOfFixedAssetsExposureMember" xlink:to="abev_USDollarsRiskPortionOfFixedAssetsExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_USDollarsRiskPortionOfFixedAssetsExposureMember_lbl" xml:lang="en-US">US Dollars risk portion of fixed assets exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalExpensesExposureMember" xlink:label="abev_TotalExpensesExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalExpensesExposureMember" xlink:to="abev_TotalExpensesExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalExpensesExposureMember_lbl" xml:lang="en-US">Total expenses exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_USDollarsRiskPortionOfTheExpensesExposureMember" xlink:label="abev_USDollarsRiskPortionOfTheExpensesExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsRiskPortionOfTheExpensesExposureMember" xlink:to="abev_USDollarsRiskPortionOfTheExpensesExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_USDollarsRiskPortionOfTheExpensesExposureMember_lbl" xml:lang="en-US">US Dollars risk portion of the expenses exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CashUMember" xlink:label="abev_CashUMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CashUMember" xlink:to="abev_CashUMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CashUMember_lbl" xml:lang="en-US">Cash U [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_USDollarsCashMember" xlink:label="abev_USDollarsCashMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsCashMember" xlink:to="abev_USDollarsCashMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_USDollarsCashMember_lbl" xml:lang="en-US">U S Dollars Cash [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalFinancialRiskExposureMember" xlink:label="abev_TotalFinancialRiskExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalFinancialRiskExposureMember" xlink:to="abev_TotalFinancialRiskExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalFinancialRiskExposureMember_lbl" xml:lang="en-US">Total financial risk exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalEquityExposureMember" xlink:label="abev_TotalEquityExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalEquityExposureMember" xlink:to="abev_TotalEquityExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalEquityExposureMember_lbl" xml:lang="en-US">Total equity exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StockExchangePricesRiskPortionOfEquityExposureMember" xlink:label="abev_StockExchangePricesRiskPortionOfEquityExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StockExchangePricesRiskPortionOfEquityExposureMember" xlink:to="abev_StockExchangePricesRiskPortionOfEquityExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StockExchangePricesRiskPortionOfEquityExposureMember_lbl" xml:lang="en-US">Stock exchange prices risk portion of equity exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestRateRiskBrazilianReaisMember" xlink:label="abev_InterestRateRiskBrazilianReaisMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskBrazilianReaisMember" xlink:to="abev_InterestRateRiskBrazilianReaisMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestRateRiskBrazilianReaisMember_lbl" xml:lang="en-US">Interest rate risk, Brazilian Reais [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InterestRateRiskMember" xlink:label="ifrs-full_InterestRateRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRateRiskMember" xlink:to="ifrs-full_InterestRateRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestRateRiskMember_lbl" xml:lang="en-US">Interest rate risk [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember" xlink:label="abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember" xlink:to="abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember_lbl" xml:lang="en-US">Interest rate risk, working capital in Argentinean Peso [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherCurrenciesMember" xlink:label="abev_OtherCurrenciesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherCurrenciesMember" xlink:to="abev_OtherCurrenciesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherCurrenciesMember_lbl" xml:lang="en-US">Other currencies [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestRateRiskUSDollarsMember" xlink:label="abev_InterestRateRiskUSDollarsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskUSDollarsMember" xlink:to="abev_InterestRateRiskUSDollarsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestRateRiskUSDollarsMember_lbl" xml:lang="en-US">Interest rate risk, US Dollars [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestRateRiskCanadianDollarsMember" xlink:label="abev_InterestRateRiskCanadianDollarsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskCanadianDollarsMember" xlink:to="abev_InterestRateRiskCanadianDollarsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestRateRiskCanadianDollarsMember_lbl" xml:lang="en-US">Interest rate risk, Canadian Dollars [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Classes of financial assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EquitySwapTransactionMember" xlink:label="abev_EquitySwapTransactionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EquitySwapTransactionMember" xlink:to="abev_EquitySwapTransactionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EquitySwapTransactionMember_lbl" xml:lang="en-US">Equity swap transaction [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="ifrs-full_TypesOfHedgesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfHedgesAxis" xlink:to="ifrs-full_TypesOfHedgesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfHedgesAxis_lbl" xml:lang="en-US">Types of hedges [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CommoditiesHedgeMember" xlink:label="abev_CommoditiesHedgeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommoditiesHedgeMember" xlink:to="abev_CommoditiesHedgeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CommoditiesHedgeMember_lbl" xml:lang="en-US">Commodities hedge [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" xlink:label="abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" xlink:to="abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_lbl" xml:lang="en-US">Input purchases affecting the commodity risk portion of cost exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ForeignCurrencyExchangeHedgeMember" xlink:label="abev_ForeignCurrencyExchangeHedgeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignCurrencyExchangeHedgeMember" xlink:to="abev_ForeignCurrencyExchangeHedgeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ForeignCurrencyExchangeHedgeMember_lbl" xml:lang="en-US">Foreign currency exchange hedge [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ForeignExchangeRiskPortionOfCostExposureMember" xlink:label="abev_ForeignExchangeRiskPortionOfCostExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignExchangeRiskPortionOfCostExposureMember" xlink:to="abev_ForeignExchangeRiskPortionOfCostExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ForeignExchangeRiskPortionOfCostExposureMember_lbl" xml:lang="en-US">Foreign exchange risk portion of cost exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CommoditiesAndForeignExchangeHedgesMember" xlink:label="abev_CommoditiesAndForeignExchangeHedgesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommoditiesAndForeignExchangeHedgesMember" xlink:to="abev_CommoditiesAndForeignExchangeHedgesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CommoditiesAndForeignExchangeHedgesMember_lbl" xml:lang="en-US">Commodities and foreign exchange hedges [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" xlink:label="abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" xlink:to="abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_lbl" xml:lang="en-US">Foreign currency risk portion of fixed assets exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" xlink:label="abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" xlink:to="abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_lbl" xml:lang="en-US">Capex Purchases affecting the foreign currency exchange risk portion of the fixed assets exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" xlink:label="abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" xlink:to="abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_lbl" xml:lang="en-US">Expenses that affect the foreign currency exchange risk portion of expenses exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" xlink:label="abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" xlink:to="abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_lbl" xml:lang="en-US">Foreign currency exchange risk portion of expenses exposure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanFiveYearsMember_lbl" xml:lang="en-US">Later than five years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradeAndOtherPayablesMember" xlink:label="abev_TradeAndOtherPayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradeAndOtherPayablesMember" xlink:to="abev_TradeAndOtherPayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TradeAndOtherPayablesMember_lbl" xml:lang="en-US">Trade And Other Payables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">Later than three years and not later than five years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherUnsecuredBankLoansMember" xlink:label="abev_OtherUnsecuredBankLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherUnsecuredBankLoansMember" xlink:to="abev_OtherUnsecuredBankLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherUnsecuredBankLoansMember_lbl" xml:lang="en-US">Other Unsecured Bank Loans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Categories of financial assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl" xml:lang="en-US">Financial assets at amortised cost, category [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinancialAssetCashAndCashEquivalentsMember" xlink:label="abev_FinancialAssetCashAndCashEquivalentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialAssetCashAndCashEquivalentsMember" xlink:to="abev_FinancialAssetCashAndCashEquivalentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinancialAssetCashAndCashEquivalentsMember_lbl" xml:lang="en-US">Financial asset, cash and cash equivalents [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl" xml:lang="en-US">Financial assets at fair value through profit or loss, category [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TradeReceivablesMember" xlink:label="ifrs-full_TradeReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivablesMember" xlink:to="ifrs-full_TradeReceivablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeReceivablesMember_lbl" xml:lang="en-US">Trade receivables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinancialAssetInvestmentSecuritiesMember" xlink:label="abev_FinancialAssetInvestmentSecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialAssetInvestmentSecuritiesMember" xlink:to="abev_FinancialAssetInvestmentSecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinancialAssetInvestmentSecuritiesMember_lbl" xml:lang="en-US">Financial asset, investment securities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DerivativeHedgeMember" xlink:label="abev_DerivativeHedgeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DerivativeHedgeMember" xlink:to="abev_DerivativeHedgeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DerivativeHedgeMember_lbl" xml:lang="en-US">Derivative hedge [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember_lbl" xml:lang="en-US">Financial liabilities at amortised cost, category [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl" xml:lang="en-US">Financial liabilities at fair value through profit or loss, category [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PutOptionGrantedOnSubsidiaryMember" xlink:label="abev_PutOptionGrantedOnSubsidiaryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PutOptionGrantedOnSubsidiaryMember" xlink:to="abev_PutOptionGrantedOnSubsidiaryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PutOptionGrantedOnSubsidiaryMember_lbl" xml:lang="en-US">Put option granted on subsidiary [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestbearingLoansAndBorrowingsMember" xlink:label="abev_InterestbearingLoansAndBorrowingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestbearingLoansAndBorrowingsMember" xlink:to="abev_InterestbearingLoansAndBorrowingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestbearingLoansAndBorrowingsMember_lbl" xml:lang="en-US">Interest-bearing loans and borrowings [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherLiabilities1Member" xlink:label="abev_OtherLiabilities1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherLiabilities1Member" xlink:to="abev_OtherLiabilities1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherLiabilities1Member_lbl" xml:lang="en-US">Other Liabilities 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Level3OfFairValueHierarchyMember" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 3 of fair value hierarchy [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanTwoYearsMember" xlink:label="abev_LaterThanTwoYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanTwoYearsMember" xlink:to="abev_LaterThanTwoYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LaterThanTwoYearsMember_lbl" xml:lang="en-US">Later than two years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfContingentLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfContingentLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfContingentLiabilitiesAxis_lbl" xml:lang="en-US">Classes of contingent liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncomeTaxAndSocialContributionMember" xlink:label="abev_IncomeTaxAndSocialContributionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncomeTaxAndSocialContributionMember" xlink:to="abev_IncomeTaxAndSocialContributionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncomeTaxAndSocialContributionMember_lbl" xml:lang="en-US">Income tax and social contribution [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ValueAddedAndExciseTaxesMember" xlink:label="abev_ValueAddedAndExciseTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAddedAndExciseTaxesMember" xlink:to="abev_ValueAddedAndExciseTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ValueAddedAndExciseTaxesMember_lbl" xml:lang="en-US">Value added and excise taxes [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PISAndCOFINSTaxContingentLiabilityMember" xlink:label="abev_PISAndCOFINSTaxContingentLiabilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PISAndCOFINSTaxContingentLiabilityMember" xlink:to="abev_PISAndCOFINSTaxContingentLiabilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PISAndCOFINSTaxContingentLiabilityMember_lbl" xml:lang="en-US">PIS and COFINS tax contingent liability [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherContingentLiabilitiesMember" xlink:label="ifrs-full_OtherContingentLiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherContingentLiabilitiesMember" xlink:to="ifrs-full_OtherContingentLiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherContingentLiabilitiesMember_lbl" xml:lang="en-US">Other contingent liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TaxContingentLiabilityMember" xlink:label="ifrs-full_TaxContingentLiabilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxContingentLiabilityMember" xlink:to="ifrs-full_TaxContingentLiabilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxContingentLiabilityMember_lbl" xml:lang="en-US">Tax contingent liability [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CounterpartiesAxis" xlink:label="ifrs-full_CounterpartiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CounterpartiesAxis" xlink:to="ifrs-full_CounterpartiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CounterpartiesAxis_lbl" xml:lang="en-US">Counterparties [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InbevHoldingBrasilSaMember" xlink:label="abev_InbevHoldingBrasilSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InbevHoldingBrasilSaMember" xlink:to="abev_InbevHoldingBrasilSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InbevHoldingBrasilSaMember_lbl" xml:lang="en-US">InBev holding brasil S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BeverageAssociatesHoldingLimitedMember" xlink:label="abev_BeverageAssociatesHoldingLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BeverageAssociatesHoldingLimitedMember" xlink:to="abev_BeverageAssociatesHoldingLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BeverageAssociatesHoldingLimitedMember_lbl" xml:lang="en-US">Beverage Associates Holding Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceraNacionalDominicanaSaMember" xlink:label="abev_CerveceraNacionalDominicanaSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceraNacionalDominicanaSaMember" xlink:to="abev_CerveceraNacionalDominicanaSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceraNacionalDominicanaSaMember_lbl" xml:lang="en-US">Cervecer&amp;amp;#63;a Nacional Dominicana S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LegalProceedingsContingentLiabilityMember" xlink:label="ifrs-full_LegalProceedingsContingentLiabilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LegalProceedingsContingentLiabilityMember" xlink:to="ifrs-full_LegalProceedingsContingentLiabilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LegalProceedingsContingentLiabilityMember_lbl" xml:lang="en-US">Legal proceedings contingent liability [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DepartmentOfFederalRevenueOfBrazilMember" xlink:label="abev_DepartmentOfFederalRevenueOfBrazilMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepartmentOfFederalRevenueOfBrazilMember" xlink:to="abev_DepartmentOfFederalRevenueOfBrazilMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DepartmentOfFederalRevenueOfBrazilMember_lbl" xml:lang="en-US">Department of Federal Revenue of Brazil [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxContingentLiabilityRelatedToExpensesMember" xlink:label="abev_TaxContingentLiabilityRelatedToExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToExpensesMember" xlink:to="abev_TaxContingentLiabilityRelatedToExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxContingentLiabilityRelatedToExpensesMember_lbl" xml:lang="en-US">Tax contingent liability related to expenses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BrazilianTaxAuthoritiesMember" xlink:label="abev_BrazilianTaxAuthoritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BrazilianTaxAuthoritiesMember" xlink:to="abev_BrazilianTaxAuthoritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BrazilianTaxAuthoritiesMember_lbl" xml:lang="en-US">Brazilian Tax authorities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember" xlink:label="abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember" xlink:to="abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember_lbl" xml:lang="en-US">Tax contingent liability related to taxes paid abroad [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ArosucoAromasESucosLtdaMember" xlink:label="abev_ArosucoAromasESucosLtdaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ArosucoAromasESucosLtdaMember" xlink:to="abev_ArosucoAromasESucosLtdaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ArosucoAromasESucosLtdaMember_lbl" xml:lang="en-US">AROSUCO AROMAS E SUCOS LTDA. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:label="ifrs-full_ItemsOfContingentLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:to="ifrs-full_ItemsOfContingentLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ItemsOfContingentLiabilitiesAxis_lbl" xml:lang="en-US">Items of contingent liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember" xlink:label="abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember" xlink:to="abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_lbl" xml:lang="en-US">Tax contingent liability related to disallowance on income tax deduction [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxContingentLiabilityRelatedToIocExpensesMember" xlink:label="abev_TaxContingentLiabilityRelatedToIocExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToIocExpensesMember" xlink:to="abev_TaxContingentLiabilityRelatedToIocExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxContingentLiabilityRelatedToIocExpensesMember_lbl" xml:lang="en-US">Tax contingent liability related to IOC expenses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BrazilianFederalTaxAuthoritiesMember" xlink:label="abev_BrazilianFederalTaxAuthoritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BrazilianFederalTaxAuthoritiesMember" xlink:to="abev_BrazilianFederalTaxAuthoritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BrazilianFederalTaxAuthoritiesMember_lbl" xml:lang="en-US">Brazilian federal tax authorities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxLossOffsetMember" xlink:label="abev_TaxLossOffsetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxLossOffsetMember" xlink:to="abev_TaxLossOffsetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxLossOffsetMember_lbl" xml:lang="en-US">Tax Loss Offset [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember" xlink:label="abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember" xlink:to="abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_lbl" xml:lang="en-US">States of S&amp;amp;#63;o Paulo, Rio de Janeiro, Minas Gerais and other States [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RelevantStatesMember" xlink:label="abev_RelevantStatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RelevantStatesMember" xlink:to="abev_RelevantStatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RelevantStatesMember_lbl" xml:lang="en-US">Relevant states [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StateOfPernambucoMember" xlink:label="abev_StateOfPernambucoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StateOfPernambucoMember" xlink:to="abev_StateOfPernambucoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StateOfPernambucoMember_lbl" xml:lang="en-US">State of Pernambuco [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember" xlink:label="abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember" xlink:to="abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember_lbl" xml:lang="en-US">Tax contingent liability relating to Manaus Free Trade Zone - ZFM [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember" xlink:label="abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember" xlink:to="abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember_lbl" xml:lang="en-US">Tax contingent liability relating to IPI excise taxes [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TheStateOfAmazonasMember" xlink:label="abev_TheStateOfAmazonasMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TheStateOfAmazonasMember" xlink:to="abev_TheStateOfAmazonasMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TheStateOfAmazonasMember_lbl" xml:lang="en-US">The State of Amazonas [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TheTaxContingentLiabilityMember" xlink:label="abev_TheTaxContingentLiabilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TheTaxContingentLiabilityMember" xlink:to="abev_TheTaxContingentLiabilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TheTaxContingentLiabilityMember_lbl" xml:lang="en-US">The tax contingent liability [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StatesOfRioGrandeDoSulAndSoPauloMember" xlink:label="abev_StatesOfRioGrandeDoSulAndSoPauloMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatesOfRioGrandeDoSulAndSoPauloMember" xlink:to="abev_StatesOfRioGrandeDoSulAndSoPauloMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StatesOfRioGrandeDoSulAndSoPauloMember_lbl" xml:lang="en-US">States of Rio Grande do Sul and S&amp;amp;#63;o Paulo [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StateOfParabaMember" xlink:label="abev_StateOfParabaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StateOfParabaMember" xlink:to="abev_StateOfParabaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StateOfParabaMember_lbl" xml:lang="en-US">State of Para&amp;amp;#63;ba [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxCreditPeriodsFrom1990To2009Member" xlink:label="abev_TaxCreditPeriodsFrom1990To2009Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditPeriodsFrom1990To2009Member" xlink:to="abev_TaxCreditPeriodsFrom1990To2009Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxCreditPeriodsFrom1990To2009Member_lbl" xml:lang="en-US">Tax Credit Periods From 1990 to 2009 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxCreditPeriodsFrom2015To2018Member" xlink:label="abev_TaxCreditPeriodsFrom2015To2018Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditPeriodsFrom2015To2018Member" xlink:to="abev_TaxCreditPeriodsFrom2015To2018Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxCreditPeriodsFrom2015To2018Member_lbl" xml:lang="en-US">Tax Credit Periods From 2015 to 2018 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxCreditPeriodsFrom2009To2015Member" xlink:label="abev_TaxCreditPeriodsFrom2009To2015Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditPeriodsFrom2009To2015Member" xlink:to="abev_TaxCreditPeriodsFrom2009To2015Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxCreditPeriodsFrom2009To2015Member_lbl" xml:lang="en-US">Tax Credit Periods From 2009 to 2015 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xml:lang="en-US">Categories of related parties [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FundacaoZerrennerMember" xlink:label="abev_FundacaoZerrennerMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FundacaoZerrennerMember" xlink:to="abev_FundacaoZerrennerMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FundacaoZerrennerMember_lbl" xml:lang="en-US">Fundacao Zerrenner [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ActiveEmployeesMember" xlink:label="abev_ActiveEmployeesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActiveEmployeesMember" xlink:to="abev_ActiveEmployeesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ActiveEmployeesMember_lbl" xml:lang="en-US">Active employees [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RetireesMember" xlink:label="abev_RetireesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RetireesMember" xlink:to="abev_RetireesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RetireesMember_lbl" xml:lang="en-US">Retirees [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AnheuserBuschIncMember" xlink:label="abev_AnheuserBuschIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschIncMember" xlink:to="abev_AnheuserBuschIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AnheuserBuschIncMember_lbl" xml:lang="en-US">Anheuser-Busch, Inc [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AnheuserBuschAfricaMember" xlink:label="abev_AnheuserBuschAfricaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschAfricaMember" xlink:to="abev_AnheuserBuschAfricaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AnheuserBuschAfricaMember_lbl" xml:lang="en-US">Anheuser-Busch Africa [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AnheuserBuschInBevNvMember" xlink:label="abev_AnheuserBuschInBevNvMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschInBevNvMember" xlink:to="abev_AnheuserBuschInBevNvMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AnheuserBuschInBevNvMember_lbl" xml:lang="en-US">Anheuser-Busch InBev N.V. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AnheuserBuschPackageMember" xlink:label="abev_AnheuserBuschPackageMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschPackageMember" xlink:to="abev_AnheuserBuschPackageMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AnheuserBuschPackageMember_lbl" xml:lang="en-US">Anheuser-Busch Package [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AnheuserBuschInbevServicesLlcMember" xlink:label="abev_AnheuserBuschInbevServicesLlcMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschInbevServicesLlcMember" xlink:to="abev_AnheuserBuschInbevServicesLlcMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AnheuserBuschInbevServicesLlcMember_lbl" xml:lang="en-US">Anheuser-Busch Inbev Services LLC [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AnheuserBuschInbevUsaLlcMember" xlink:label="abev_AnheuserBuschInbevUsaLlcMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschInbevUsaLlcMember" xlink:to="abev_AnheuserBuschInbevUsaLlcMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AnheuserBuschInbevUsaLlcMember_lbl" xml:lang="en-US">Anheuser-Busch Inbev USA LLC [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BavariaSaMember" xlink:label="abev_BavariaSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BavariaSaMember" xlink:to="abev_BavariaSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_BavariaSaMember_lbl" xml:lang="en-US">Bavaria S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceriaModeloDeMexicoSDeRlDeCvMember" xlink:label="abev_CerveceriaModeloDeMexicoSDeRlDeCvMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaModeloDeMexicoSDeRlDeCvMember" xlink:to="abev_CerveceriaModeloDeMexicoSDeRlDeCvMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceriaModeloDeMexicoSDeRlDeCvMember_lbl" xml:lang="en-US">Cervecer&amp;amp;#63;a Modelo de Mexico S. de R.L. de C.V. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceriaPeruanasMember" xlink:label="abev_CerveceriaPeruanasMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaPeruanasMember" xlink:to="abev_CerveceriaPeruanasMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceriaPeruanasMember_lbl" xml:lang="en-US">Cervecer&amp;amp;#63;a Peruanas [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InbevBelgiumNvMember" xlink:label="abev_InbevBelgiumNvMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InbevBelgiumNvMember" xlink:to="abev_InbevBelgiumNvMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InbevBelgiumNvMember_lbl" xml:lang="en-US">Inbev Belgium N.V. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PanamaHoldingMember" xlink:label="abev_PanamaHoldingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PanamaHoldingMember" xlink:to="abev_PanamaHoldingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PanamaHoldingMember_lbl" xml:lang="en-US">Panam&amp;amp;#63; Holding [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherRelatedPartiesMember" xlink:label="ifrs-full_OtherRelatedPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherRelatedPartiesMember" xlink:to="ifrs-full_OtherRelatedPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherRelatedPartiesMember_lbl" xml:lang="en-US">Other related parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterbrewInternationalBvMember" xlink:label="abev_InterbrewInternationalBvMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterbrewInternationalBvMember" xlink:to="abev_InterbrewInternationalBvMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterbrewInternationalBvMember_lbl" xml:lang="en-US">Interbrew International B.V. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AnheuserBuschProcurementMember" xlink:label="abev_AnheuserBuschProcurementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschProcurementMember" xlink:to="abev_AnheuserBuschProcurementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AnheuserBuschProcurementMember_lbl" xml:lang="en-US">Anheuser-Busch Procurement [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmbevPeruMember" xlink:label="abev_AmbevPeruMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmbevPeruMember" xlink:to="abev_AmbevPeruMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmbevPeruMember_lbl" xml:lang="en-US">Ambev Peru [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GCCIndiaMember" xlink:label="abev_GCCIndiaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GCCIndiaMember" xlink:to="abev_GCCIndiaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GCCIndiaMember_lbl" xml:lang="en-US">GCC India [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OrientalBreweryMember" xlink:label="abev_OrientalBreweryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OrientalBreweryMember" xlink:to="abev_OrientalBreweryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OrientalBreweryMember_lbl" xml:lang="en-US">Oriental Brewery [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US">Subsidiaries [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceriaYMalteriaQuilmesSaicaYGMember" xlink:label="abev_CerveceriaYMalteriaQuilmesSaicaYGMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaYMalteriaQuilmesSaicaYGMember" xlink:to="abev_CerveceriaYMalteriaQuilmesSaicaYGMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceriaYMalteriaQuilmesSaicaYGMember_lbl" xml:lang="en-US">Cerveceria Y Malteria Quilmes Saica Y G [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Bolivia1Member" xlink:label="abev_Bolivia1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Bolivia1Member" xlink:to="abev_Bolivia1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Bolivia1Member_lbl" xml:lang="en-US">Bolivia 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceriaBolivianaNacionalSaMember" xlink:label="abev_CerveceriaBolivianaNacionalSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaBolivianaNacionalSaMember" xlink:to="abev_CerveceriaBolivianaNacionalSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceriaBolivianaNacionalSaMember_lbl" xml:lang="en-US">CERVECERIA BOLIVIANA NACIONAL S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmbevSaMember" xlink:label="abev_AmbevSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmbevSaMember" xlink:to="abev_AmbevSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmbevSaMember_lbl" xml:lang="en-US">Ambev Sa [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CrbsSaMember" xlink:label="abev_CrbsSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CrbsSaMember" xlink:to="abev_CrbsSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CrbsSaMember_lbl" xml:lang="en-US">Crbs Sa [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CervejariaZxMember" xlink:label="abev_CervejariaZxMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CervejariaZxMember" xlink:to="abev_CervejariaZxMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CervejariaZxMember_lbl" xml:lang="en-US">Cervejaria Zx [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LabattBrewingCompanyLimitedMember" xlink:label="abev_LabattBrewingCompanyLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LabattBrewingCompanyLimitedMember" xlink:to="abev_LabattBrewingCompanyLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LabattBrewingCompanyLimitedMember_lbl" xml:lang="en-US">LABATT BREWING COMPANY LIMITED [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ChilaMember" xlink:label="abev_ChilaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChilaMember" xlink:to="abev_ChilaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ChilaMember_lbl" xml:lang="en-US">Chila [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CervecriaChileSAMember" xlink:label="abev_CervecriaChileSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CervecriaChileSAMember" xlink:to="abev_CervecriaChileSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CervecriaChileSAMember_lbl" xml:lang="en-US">Cervecria Chile S A [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Spain1Member" xlink:label="abev_Spain1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Spain1Member" xlink:to="abev_Spain1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Spain1Member_lbl" xml:lang="en-US">Spain 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_JaluaSpainSlMember" xlink:label="abev_JaluaSpainSlMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_JaluaSpainSlMember" xlink:to="abev_JaluaSpainSlMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_JaluaSpainSlMember_lbl" xml:lang="en-US">JALUA SPAIN, S.L. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Luxembourg1Member" xlink:label="abev_Luxembourg1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Luxembourg1Member" xlink:to="abev_Luxembourg1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Luxembourg1Member_lbl" xml:lang="en-US">Luxembourg 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmbevLuxembourgMember" xlink:label="abev_AmbevLuxembourgMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmbevLuxembourgMember" xlink:to="abev_AmbevLuxembourgMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmbevLuxembourgMember_lbl" xml:lang="en-US">AMBEV LUXEMBOURG [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Guatemala1Member" xlink:label="abev_Guatemala1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Guatemala1Member" xlink:to="abev_Guatemala1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Guatemala1Member_lbl" xml:lang="en-US">Guatemala 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IndustriasDelAtlnticoSaMember" xlink:label="abev_IndustriasDelAtlnticoSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IndustriasDelAtlnticoSaMember" xlink:to="abev_IndustriasDelAtlnticoSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IndustriasDelAtlnticoSaMember_lbl" xml:lang="en-US">INDUSTRIAS DEL ATL&amp;amp;#63;NTICO, S.A [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Paraguay1Member" xlink:label="abev_Paraguay1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Paraguay1Member" xlink:to="abev_Paraguay1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Paraguay1Member_lbl" xml:lang="en-US">Paraguay 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceriaParaguayaSaMember" xlink:label="abev_CerveceriaParaguayaSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaParaguayaSaMember" xlink:to="abev_CerveceriaParaguayaSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceriaParaguayaSaMember_lbl" xml:lang="en-US">CERVECERIA PARAGUAYA S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DominicanRepublic1Member" xlink:label="abev_DominicanRepublic1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DominicanRepublic1Member" xlink:to="abev_DominicanRepublic1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DominicanRepublic1Member_lbl" xml:lang="en-US">Dominican Republic 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Uruguay1Member" xlink:label="abev_Uruguay1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Uruguay1Member" xlink:to="abev_Uruguay1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Uruguay1Member_lbl" xml:lang="en-US">Uruguay 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LinthalSaMember" xlink:label="abev_LinthalSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LinthalSaMember" xlink:to="abev_LinthalSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LinthalSaMember_lbl" xml:lang="en-US">LINTHAL S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceriaYMalteriaPayssandSaMember" xlink:label="abev_CerveceriaYMalteriaPayssandSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaYMalteriaPayssandSaMember" xlink:to="abev_CerveceriaYMalteriaPayssandSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceriaYMalteriaPayssandSaMember_lbl" xml:lang="en-US">CERVECERIA Y MALTERIA PAYSSAND&amp;amp;#63; S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_MonthiersSaMember" xlink:label="abev_MonthiersSaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MonthiersSaMember" xlink:to="abev_MonthiersSaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_MonthiersSaMember_lbl" xml:lang="en-US">MONTHIERS S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Panama1Member" xlink:label="abev_Panama1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Panama1Member" xlink:to="abev_Panama1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_Panama1Member_lbl" xml:lang="en-US">Panama 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CerveceriaNacionalSDeRlMember" xlink:label="abev_CerveceriaNacionalSDeRlMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaNacionalSDeRlMember" xlink:to="abev_CerveceriaNacionalSDeRlMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CerveceriaNacionalSDeRlMember_lbl" xml:lang="en-US">Cerveceria Nacional S. de R.L. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressesTable" xlink:label="dei_EntityAddressesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesTable" xlink:to="dei_EntityAddressesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressesTable_lbl" xml:lang="en-US">Entity Addresses [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressesLineItems" xlink:label="dei_EntityAddressesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressesLineItems" xlink:to="dei_EntityAddressesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressesLineItems_lbl" xml:lang="en-US">Entity Addresses [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_ContactPersonnelName" xlink:label="dei_ContactPersonnelName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_ContactPersonnelName" xlink:to="dei_ContactPersonnelName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_ContactPersonnelName_lbl" xml:lang="en-US">Contact Personnel Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="dei_IcfrAuditorAttestationFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_IcfrAuditorAttestationFlag" xlink:to="dei_IcfrAuditorAttestationFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_IcfrAuditorAttestationFlag_lbl" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditorFirmId" xlink:label="dei_AuditorFirmId" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorFirmId" xlink:to="dei_AuditorFirmId_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorFirmId_lbl" xml:lang="en-US">Auditor Firm Id</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditorLocation" xlink:label="dei_AuditorLocation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorLocation" xlink:to="dei_AuditorLocation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorLocation_lbl" xml:lang="en-US">Auditor Location</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AuditorName" xlink:label="dei_AuditorName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditorName" xlink:to="dei_AuditorName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditorName_lbl" xml:lang="en-US">Auditor Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="ifrs-full_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xml:lang="en-US">Profit or loss [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RevenueFromContractsWithCustomers" xlink:label="ifrs-full_RevenueFromContractsWithCustomers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromContractsWithCustomers" xlink:to="ifrs-full_RevenueFromContractsWithCustomers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromContractsWithCustomers_lbl" xml:lang="en-US">Net sales</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CostOfSales" xlink:label="ifrs-full_CostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CostOfSales_lbl" xml:lang="en-US">Cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GrossProfit" xlink:label="ifrs-full_GrossProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GrossProfit_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DistributionCosts" xlink:label="ifrs-full_DistributionCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DistributionCosts" xlink:to="ifrs-full_DistributionCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DistributionCosts_lbl" xml:lang="en-US">Distribution expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="ifrs-full_SalesAndMarketingExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesAndMarketingExpense" xlink:to="ifrs-full_SalesAndMarketingExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_SalesAndMarketingExpense_lbl" xml:lang="en-US">Sales and marketing expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="ifrs-full_GeneralAndAdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US">Administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="ifrs-full_OtherOperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl" xml:lang="en-US">Other operating income/(expenses), net</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ExceptionalItems" xlink:label="abev_ExceptionalItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExceptionalItems" xlink:to="abev_ExceptionalItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ExceptionalItems_lbl" xml:lang="en-US">Exceptional items</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xml:lang="en-US">Income from operations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinanceCosts" xlink:label="ifrs-full_FinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_FinanceCosts_lbl" xml:lang="en-US">Finance expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinanceIncome" xlink:label="ifrs-full_FinanceIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="ifrs-full_FinanceIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceIncome_lbl" xml:lang="en-US">Finance income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinanceIncomeCost" xlink:label="ifrs-full_FinanceIncomeCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinanceIncomeCost_lbl" xml:lang="en-US">Net finance result</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Share of results of joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl" xml:lang="en-US">Income before income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US">Income tax expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US">Net income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="ifrs-full_ProfitLossAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToAbstract" xlink:to="ifrs-full_ProfitLossAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToAbstract_lbl" xml:lang="en-US">Attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xml:lang="en-US">Equity holders of Ambev</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="ifrs-full_BasicEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US">Basic earnings per share &#8211; common &#8211; R$</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="ifrs-full_DilutedEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl" xml:lang="en-US">Diluted earnings per share &#8211; common &#8211; R$</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLoss_2_lbl" xml:lang="en-US">Net income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ItemsThatMayBeSubsequentlyReclassifiedToProfitOrLoss" xlink:label="abev_ItemsThatMayBeSubsequentlyReclassifiedToProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ItemsThatMayBeSubsequentlyReclassifiedToProfitOrLoss" xlink:to="abev_ItemsThatMayBeSubsequentlyReclassifiedToProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ItemsThatMayBeSubsequentlyReclassifiedToProfitOrLoss_lbl" xml:lang="en-US">Items that may be subsequently reclassified to profit or loss:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:label="ifrs-full_ExchangeDifferencesOnTranslationAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExchangeDifferencesOnTranslationAbstract_lbl" xml:lang="en-US">Exchange differences on the translation of foreign operations (gains/(losses))</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:label="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_lbl" xml:lang="en-US">Investment hedge on foreign operations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" xlink:label="ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax_lbl" xml:lang="en-US">Investment hedge &#8211; put option granted on subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax" xlink:label="abev_GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax_lbl" xml:lang="en-US">Gains/losses on translation of other foreign operations&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl" xml:lang="en-US">Gains/losses on translation of foreign operations&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowHedgesAbstract" xlink:label="ifrs-full_CashFlowHedgesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowHedgesAbstract" xlink:to="ifrs-full_CashFlowHedgesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowHedgesAbstract_lbl" xml:lang="en-US">Cash flow hedge &#8211; gains/(losses)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_lbl" xml:lang="en-US">Recognized in Equity (Hedge reserve)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems" xlink:label="ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems_lbl" xml:lang="en-US">Reclassified from Equity (Hedge reserve) and included in profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl" xml:lang="en-US">Total cash flow hedge</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US">Items that will not be reclassified to profit or loss:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl" xml:lang="en-US">Recognition of actuarial gains/(losses)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xml:lang="en-US">Other comprehensive (loss)/income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xml:lang="en-US">Total comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xml:lang="en-US">Attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xml:lang="en-US">&#160;&#160; Equity holders of Ambev</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">&#160;&#160; Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of financial position [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="ifrs-full_PropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xml:lang="en-US">Property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Goodwill" xlink:label="ifrs-full_Goodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US">Goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Intangible</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InvestmentsInAssociates" xlink:label="ifrs-full_InvestmentsInAssociates" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsInAssociates_lbl" xml:lang="en-US">Investments in joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentHeldtomaturityInvestments" xlink:label="ifrs-full_NoncurrentHeldtomaturityInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentHeldtomaturityInvestments" xlink:to="ifrs-full_NoncurrentHeldtomaturityInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentHeldtomaturityInvestments_lbl" xml:lang="en-US">Investment securities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="ifrs-full_NetDeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl" xml:lang="en-US">Deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" xlink:label="ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan_lbl" xml:lang="en-US">Employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NoncurrentRecoverablesFromIncomeTaxAndSocialContributions" xlink:label="abev_NoncurrentRecoverablesFromIncomeTaxAndSocialContributions" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NoncurrentRecoverablesFromIncomeTaxAndSocialContributions_lbl" xml:lang="en-US">Income tax and social contributions recoverable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_lbl" xml:lang="en-US">Recoverable taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="ifrs-full_OtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentAssets" xlink:to="ifrs-full_OtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNoncurrentAssets_lbl" xml:lang="en-US">Other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentAssets" xlink:label="ifrs-full_NoncurrentAssets" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentInvestments" xlink:label="ifrs-full_CurrentInvestments" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentInvestments_lbl" xml:lang="en-US">Investment securities</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Inventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xml:lang="en-US">Trade receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentDerivativeFinancialAssets" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions" xlink:label="abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions_lbl" xml:lang="en-US">Income tax and social contributions recoverable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_lbl" xml:lang="en-US">Recoverable taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherCurrentAssets" xlink:label="ifrs-full_OtherCurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentAssets" xlink:to="ifrs-full_OtherCurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherCurrentAssets_lbl" xml:lang="en-US">Other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentAssets" xlink:label="ifrs-full_CurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentAssets_lbl" xml:lang="en-US">Current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Assets" xlink:label="ifrs-full_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US">Total assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EquityAndLiabilitiesAbstract" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="ifrs-full_EquityAndLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract_lbl" xml:lang="en-US">Equity and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EquityAbstract" xlink:label="ifrs-full_EquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US">Equity</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IssuedCapital" xlink:label="ifrs-full_IssuedCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapital_lbl" xml:lang="en-US">Issued capital</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CapitalReserve" xlink:label="ifrs-full_CapitalReserve" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalReserve" xlink:to="ifrs-full_CapitalReserve_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CapitalReserve_lbl" xml:lang="en-US">Reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ReserveOfCarryingValueAdjustments" xlink:label="abev_ReserveOfCarryingValueAdjustments" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_ReserveOfCarryingValueAdjustments_lbl" xml:lang="en-US">Carrying value adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xml:lang="en-US">Equity attributable to the equity holders of Ambev</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncontrollingInterests" xlink:label="ifrs-full_NoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US">Total Equity</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LongtermBorrowings" xlink:label="ifrs-full_LongtermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermBorrowings_lbl" xml:lang="en-US">Interest-bearing loans and borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xml:lang="en-US">Employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NetDeferredTaxLiabilities" xlink:label="ifrs-full_NetDeferredTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl" xml:lang="en-US">Deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation" xlink:label="abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation" xlink:to="abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation_lbl" xml:lang="en-US">Income tax and social contribution payable</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CurrentTaxAndContributionsLiabilitiesNoncurrent" xlink:label="abev_CurrentTaxAndContributionsLiabilitiesNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentTaxAndContributionsLiabilitiesNoncurrent" xlink:to="abev_CurrentTaxAndContributionsLiabilitiesNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CurrentTaxAndContributionsLiabilitiesNoncurrent_lbl" xml:lang="en-US">Taxes and contributions payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentPayables" xlink:label="ifrs-full_NoncurrentPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayables" xlink:to="ifrs-full_NoncurrentPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentPayables_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentProvisions" xlink:label="ifrs-full_NoncurrentProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentProvisions_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentFinancialLiabilities" xlink:label="ifrs-full_NoncurrentFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialLiabilities" xlink:to="ifrs-full_NoncurrentFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialLiabilities_lbl" xml:lang="en-US">Put option granted on subsidiaries and other liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="ifrs-full_NoncurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xml:lang="en-US">Non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xlink:label="ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BankOverdraftsClassifiedAsCashEquivalents_lbl" xml:lang="en-US">Bank overdrafts</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:label="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_lbl" xml:lang="en-US">Interest-bearing loans and borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ShorttermEmployeeBenefitsAccruals" xlink:label="ifrs-full_ShorttermEmployeeBenefitsAccruals" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermEmployeeBenefitsAccruals" xlink:to="ifrs-full_ShorttermEmployeeBenefitsAccruals_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermEmployeeBenefitsAccruals_lbl" xml:lang="en-US">Wages and salaries</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CurrentDividendAndInterestPayables" xlink:label="abev_CurrentDividendAndInterestPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentDividendAndInterestPayables" xlink:to="abev_CurrentDividendAndInterestPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CurrentDividendAndInterestPayables_lbl" xml:lang="en-US">Dividends and interest on shareholders&#8217; equity payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CurrentTaxAndContributionsLiabilitiesCurrent" xlink:label="abev_CurrentTaxAndContributionsLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentTaxAndContributionsLiabilitiesCurrent" xlink:to="abev_CurrentTaxAndContributionsLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_CurrentTaxAndContributionsLiabilitiesCurrent_lbl" xml:lang="en-US">Income tax and social contribution payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:label="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_lbl" xml:lang="en-US">Taxes and contributions payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TradeAndOtherCurrentPayables" xlink:label="ifrs-full_TradeAndOtherCurrentPayables" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentProvisions" xlink:label="ifrs-full_CurrentProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentProvisions_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentFinancialLiabilities" xlink:label="ifrs-full_CurrentFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialLiabilities" xlink:to="ifrs-full_CurrentFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentFinancialLiabilities_lbl" xml:lang="en-US">Put option granted on subsidiaries and other liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentLiabilities" xlink:label="ifrs-full_CurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl" xml:lang="en-US">Current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Liabilities" xlink:label="ifrs-full_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US">Total liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US">Total equity and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="ifrs-full_StatementOfChangesInEquityTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityTable" xlink:to="ifrs-full_StatementOfChangesInEquityTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityTable_lbl" xml:lang="en-US">Statement of changes in equity [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IfrsStatementLineItems" xlink:label="abev_IfrsStatementLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IfrsStatementLineItems" xlink:to="abev_IfrsStatementLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IfrsStatementLineItems_lbl" xml:lang="en-US">IfrsStatementLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Equity_2_lbl" xml:lang="en-US">At January 1, 2022</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLoss_3_lbl" xml:lang="en-US">&#160;Net Income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl" xml:lang="en-US">Gains/(losses) on the translation of foreign operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_2_lbl" xml:lang="en-US">Cash flow hedges</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_lbl" xml:lang="en-US">Actuarial gains/(losses)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncome_2_lbl" xml:lang="en-US">Total comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IssueOfEquity" xlink:label="ifrs-full_IssueOfEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US">Capital increase (Note 22)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" xlink:label="abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" xlink:to="abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies_lbl" xml:lang="en-US">Effect of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary" xlink:label="abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary" xlink:to="abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary_lbl" xml:lang="en-US">Options granted on subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:label="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners" xlink:to="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners_lbl" xml:lang="en-US">Gains/(losses) of controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" xlink:label="abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" xlink:to="abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_lbl" xml:lang="en-US">Tax on deemed dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DividendsPaid" xlink:label="ifrs-full_DividendsPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaid" xlink:to="ifrs-full_DividendsPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DividendsPaid_lbl" xml:lang="en-US">Dividends paid</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity" xlink:label="abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity" xlink:to="abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity_lbl" xml:lang="en-US">Interest on shareholder&#180;s equity</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:label="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions_lbl" xml:lang="en-US">Purchases of shares, results from treasury shares and share-based payments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:to="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent_lbl" xml:lang="en-US">Prescribed/(complementary) dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" xlink:label="abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" xlink:to="abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_lbl" xml:lang="en-US">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseInFiscalIncentiveReserve" xlink:label="abev_IncreaseDecreaseInFiscalIncentiveReserve" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseInFiscalIncentiveReserve" xlink:to="abev_IncreaseDecreaseInFiscalIncentiveReserve_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncreaseDecreaseInFiscalIncentiveReserve_lbl" xml:lang="en-US">Fiscal incentive reserve</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseInvestmentsReserve" xlink:label="abev_IncreaseDecreaseInvestmentsReserve" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseInvestmentsReserve" xlink:to="abev_IncreaseDecreaseInvestmentsReserve_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncreaseDecreaseInvestmentsReserve_lbl" xml:lang="en-US">Investments reserve</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Equity_3_lbl" xml:lang="en-US">At December 31, 2022</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Depreciation, amortization and impairment</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories" xlink:label="abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories" xlink:to="abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories_lbl" xml:lang="en-US">Impairment losses on receivables and inventory</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities" xlink:label="abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities" xlink:to="abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities_lbl" xml:lang="en-US">Additions/(reversals) in provisions and employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForFinanceIncomeCost" xlink:label="ifrs-full_AdjustmentsForFinanceIncomeCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceIncomeCost" xlink:to="ifrs-full_AdjustmentsForFinanceIncomeCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForFinanceIncomeCost_lbl" xml:lang="en-US">Net finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Losses/(gains) on sale of property, plant and equipment and intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xml:lang="en-US">Equity-settled share-based payment expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl" xml:lang="en-US">Income tax expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_2_lbl" xml:lang="en-US">Share of result of joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_HedgeOperationsResults" xlink:label="abev_HedgeOperationsResults" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_HedgeOperationsResults" xlink:to="abev_HedgeOperationsResults_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_HedgeOperationsResults_lbl" xml:lang="en-US">Hedge operations results</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherAdjustmentsForNoncashItems" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="ifrs-full_OtherAdjustmentsForNoncashItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems_lbl" xml:lang="en-US">Other non-cash items included in profit</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:label="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:to="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_lbl" xml:lang="en-US">Cash flow from operating activities before changes in working capital and use of provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl" xml:lang="en-US">(Increase)/decrease in trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xml:lang="en-US">(Increase)/decrease in inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl" xml:lang="en-US">Increase/(decrease) in trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperations" xlink:label="ifrs-full_CashFlowsFromUsedInOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperations" xlink:to="ifrs-full_CashFlowsFromUsedInOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperations_lbl" xml:lang="en-US">Cash generated from operations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" xml:lang="en-US">Interest paid</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl" xml:lang="en-US">Interest received</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:label="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsReceivedClassifiedAsOperatingActivities_lbl" xml:lang="en-US">Dividends received</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xml:lang="en-US">Income tax paid</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xml:lang="en-US">Cash flow from operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:label="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:to="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_lbl" xml:lang="en-US">Proceeds from sales of property, plant and equipment and intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:label="ifrs-full_ProceedsFromSalesOfInterestsInAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:to="ifrs-full_ProceedsFromSalesOfInterestsInAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfInterestsInAssociates_lbl" xml:lang="en-US">Proceeds from sales of subsidiaries&#8217; operations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_lbl" xml:lang="en-US">Acquisitions of property, plant and equipment and intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisitions of subsidiaries, net of cash acquired</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisitions of other investments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities" xlink:label="abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities" xlink:to="abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities_lbl" xml:lang="en-US">Investments in short-term debt securities and net proceeds/(acquisitions) of debt securities</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetProceedsAcquisitionOfOtherAssets" xlink:label="abev_NetProceedsAcquisitionOfOtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetProceedsAcquisitionOfOtherAssets" xlink:to="abev_NetProceedsAcquisitionOfOtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NetProceedsAcquisitionOfOtherAssets_lbl" xml:lang="en-US">Net proceeds/(acquisitions) of other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xml:lang="en-US">Cash flow from investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProceedsFromIssueOfOrdinaryShares" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromIssueOfOrdinaryShares" xlink:to="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromIssueOfOrdinaryShares_lbl" xml:lang="en-US">Capital increase</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities" xlink:label="abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities" xlink:to="abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities_lbl" xml:lang="en-US">Capital increase/(decrease) of non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProceedsFromRepurchasesOfTreasuryShares" xlink:label="abev_ProceedsFromRepurchasesOfTreasuryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProceedsFromRepurchasesOfTreasuryShares" xlink:to="abev_ProceedsFromRepurchasesOfTreasuryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProceedsFromRepurchasesOfTreasuryShares_lbl" xml:lang="en-US">Proceeds/(repurchases) of treasury shares</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl" xml:lang="en-US">Acquisitions of non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Proceeds from borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Repayment of borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PaymentsOnNetOfFinanceCostsOtherThanInterests" xlink:label="abev_PaymentsOnNetOfFinanceCostsOtherThanInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PaymentsOnNetOfFinanceCostsOtherThanInterests" xlink:to="abev_PaymentsOnNetOfFinanceCostsOtherThanInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_PaymentsOnNetOfFinanceCostsOtherThanInterests_lbl" xml:lang="en-US">Cash net of finance costs other than interests</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Payment of lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DividendsAndInterestPaidOnShareholdersEquity" xlink:label="abev_DividendsAndInterestPaidOnShareholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DividendsAndInterestPaidOnShareholdersEquity" xlink:to="abev_DividendsAndInterestPaidOnShareholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_DividendsAndInterestPaidOnShareholdersEquity_lbl" xml:lang="en-US">Dividends and interest on shareholders&#8217; equity paid</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xml:lang="en-US">Cash flow from financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl" xml:lang="en-US">Net increase/(decrease) in cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CashAndCashEquivalentsAfterBankOverdrafts" xlink:label="abev_CashAndCashEquivalentsAfterBankOverdrafts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CashAndCashEquivalentsAfterBankOverdrafts" xlink:to="abev_CashAndCashEquivalentsAfterBankOverdrafts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="abev_CashAndCashEquivalentsAfterBankOverdrafts_lbl" xml:lang="en-US">Cash and cash equivalents less bank overdrafts at the beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xml:lang="en-US">Effect of exchange rate fluctuations on cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CashAndCashEquivalentsAfterBankOverdrafts" xlink:to="abev_CashAndCashEquivalentsAfterBankOverdrafts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="abev_CashAndCashEquivalentsAfterBankOverdrafts_2_lbl" xml:lang="en-US">Cash and cash equivalents less bank overdrafts at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureCorporateInformationAbstract" xlink:label="abev_DisclosureCorporateInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureCorporateInformationAbstract" xlink:to="abev_DisclosureCorporateInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureCorporateInformationAbstract_lbl" xml:lang="en-US">Corporate Information</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DescriptionOfCorporateInformationTextBlock" xlink:label="abev_DescriptionOfCorporateInformationTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DescriptionOfCorporateInformationTextBlock" xlink:to="abev_DescriptionOfCorporateInformationTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DescriptionOfCorporateInformationTextBlock_lbl" xml:lang="en-US">CORPORATE INFORMATION</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StatementOfComplianceAbstract" xlink:label="abev_StatementOfComplianceAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatementOfComplianceAbstract" xlink:to="abev_StatementOfComplianceAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StatementOfComplianceAbstract_lbl" xml:lang="en-US">Statement Of Compliance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_StatementOfIFRSCompliance" xlink:label="ifrs-full_StatementOfIFRSCompliance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfIFRSCompliance" xlink:to="ifrs-full_StatementOfIFRSCompliance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfIFRSCompliance_lbl" xml:lang="en-US">STATEMENT OF COMPLIANCE</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_SummaryOfSignificantAccountingPoliciesAbstract" xlink:label="abev_SummaryOfSignificantAccountingPoliciesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SummaryOfSignificantAccountingPoliciesAbstract" xlink:to="abev_SummaryOfSignificantAccountingPoliciesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_SummaryOfSignificantAccountingPoliciesAbstract_lbl" xml:lang="en-US">Summary Of Significant Accounting Policies</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xml:lang="en-US">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_UseOfEstimatesAndJudgmentsAbstract" xlink:label="abev_UseOfEstimatesAndJudgmentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UseOfEstimatesAndJudgmentsAbstract" xlink:to="abev_UseOfEstimatesAndJudgmentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_UseOfEstimatesAndJudgmentsAbstract_lbl" xml:lang="en-US">Use Of Estimates And Judgments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:to="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" xml:lang="en-US">USE OF ESTIMATES AND JUDGMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_SegmentReportingAbstract" xlink:label="abev_SegmentReportingAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SegmentReportingAbstract" xlink:to="abev_SegmentReportingAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_SegmentReportingAbstract_lbl" xml:lang="en-US">Segment Reporting</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xml:lang="en-US">SEGMENT REPORTING</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetSalesAbstract" xlink:label="abev_NetSalesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetSalesAbstract" xlink:to="abev_NetSalesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NetSalesAbstract_lbl" xml:lang="en-US">Net Sales</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfRevenueExplanatory" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRevenueExplanatory" xlink:to="ifrs-full_DisclosureOfRevenueExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory_lbl" xml:lang="en-US">NET SALES</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherOperatingIncomeExpensesAbstract" xlink:label="abev_OtherOperatingIncomeExpensesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherOperatingIncomeExpensesAbstract" xlink:to="abev_OtherOperatingIncomeExpensesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherOperatingIncomeExpensesAbstract_lbl" xml:lang="en-US">Other Operating Incomeexpenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl" xml:lang="en-US">OTHER OPERATING INCOME/(EXPENSES)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureExceptionalItemsAbstract" xlink:label="abev_DisclosureExceptionalItemsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureExceptionalItemsAbstract" xlink:to="abev_DisclosureExceptionalItemsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureExceptionalItemsAbstract_lbl" xml:lang="en-US">Exceptional Items</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfExceptionalItemsTextBlock" xlink:label="abev_DisclosureOfExceptionalItemsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfExceptionalItemsTextBlock" xlink:to="abev_DisclosureOfExceptionalItemsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfExceptionalItemsTextBlock_lbl" xml:lang="en-US">EXCEPTIONAL ITEMS</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosurePayrollAndRelatedBenefitsAbstract" xlink:label="abev_DisclosurePayrollAndRelatedBenefitsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosurePayrollAndRelatedBenefitsAbstract" xlink:to="abev_DisclosurePayrollAndRelatedBenefitsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosurePayrollAndRelatedBenefitsAbstract_lbl" xml:lang="en-US">Payroll And Related Benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock" xlink:label="abev_DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock" xlink:to="abev_DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock_lbl" xml:lang="en-US">PAYROLL AND RELATED BENEFITS</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract" xlink:label="abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract" xlink:to="abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract_lbl" xml:lang="en-US">Additional Information On Cost Of Sales And Operating Expenses By Nature</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:label="ifrs-full_DisclosureOfAdditionalInformationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAdditionalInformationExplanatory" xlink:to="ifrs-full_DisclosureOfAdditionalInformationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAdditionalInformationExplanatory_lbl" xml:lang="en-US">ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinanceExpensesAndIncomeAbstract" xlink:label="abev_FinanceExpensesAndIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinanceExpensesAndIncomeAbstract" xlink:to="abev_FinanceExpensesAndIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinanceExpensesAndIncomeAbstract_lbl" xml:lang="en-US">Finance Expenses And Income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory_lbl" xml:lang="en-US">FINANCE EXPENSES AND INCOME</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureIncomeTaxAndSocialContributionAbstract" xlink:label="abev_DisclosureIncomeTaxAndSocialContributionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureIncomeTaxAndSocialContributionAbstract" xlink:to="abev_DisclosureIncomeTaxAndSocialContributionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureIncomeTaxAndSocialContributionAbstract_lbl" xml:lang="en-US">Income Tax And Social Contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfIncomeTaxAndSocialContributionTextBlock" xlink:label="abev_DisclosureOfIncomeTaxAndSocialContributionTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfIncomeTaxAndSocialContributionTextBlock" xlink:to="abev_DisclosureOfIncomeTaxAndSocialContributionTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfIncomeTaxAndSocialContributionTextBlock_lbl" xml:lang="en-US">INCOME TAX AND SOCIAL CONTRIBUTION</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Property, plant and equipment [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl" xml:lang="en-US">PROPERTY, PLANT AND EQUIPMENT</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GoodwillAbstract" xlink:label="abev_GoodwillAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillAbstract" xlink:to="abev_GoodwillAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_GoodwillAbstract_lbl" xml:lang="en-US">Goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfGoodwillExplanatory" xlink:label="ifrs-full_DisclosureOfGoodwillExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfGoodwillExplanatory_lbl" xml:lang="en-US">GOODWILL</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangiblesAbstract" xlink:to="abev_IntangiblesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IntangiblesAbstract_lbl" xml:lang="en-US">Intangibles</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl" xml:lang="en-US">INTANGIBLES</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureInvestmentSecuritiesAbstract" xlink:to="abev_DisclosureInvestmentSecuritiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureInvestmentSecuritiesAbstract_lbl" xml:lang="en-US">Investment Securities</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfInvestmentSecuritiesTextBlock_lbl" xml:lang="en-US">INVESTMENT SECURITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract" xlink:label="abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract_lbl" xml:lang="en-US">Deferred Income Tax And Social Contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock" xlink:label="abev_DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock_lbl" xml:lang="en-US">DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureRecoverableTaxesAbstract" xlink:label="abev_DisclosureRecoverableTaxesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureRecoverableTaxesAbstract_lbl" xml:lang="en-US">Recoverable Taxes</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxesTextBlock" xlink:to="abev_RecoverableTaxesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RecoverableTaxesTextBlock_lbl" xml:lang="en-US">RECOVERABLE TAXES</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InventoryAbstract" xlink:label="abev_InventoryAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InventoryAbstract" xlink:to="abev_InventoryAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InventoryAbstract_lbl" xml:lang="en-US">Inventory</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfInventoriesExplanatory" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="ifrs-full_DisclosureOfInventoriesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory_lbl" xml:lang="en-US">INVENTORY</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradeReceivablesAbstract" xlink:label="abev_TradeReceivablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradeReceivablesAbstract" xlink:to="abev_TradeReceivablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TradeReceivablesAbstract_lbl" xml:lang="en-US">Trade Receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl" xml:lang="en-US">TRADE RECEIVABLES</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashAndCashEquivalentsAbstract" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract_lbl" xml:lang="en-US">Cash and cash equivalents [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureChangesInEquityAbstract" xlink:label="abev_DisclosureChangesInEquityAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureChangesInEquityAbstract_lbl" xml:lang="en-US">Changes In Equity</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfChangesInEquityTextBlock_lbl" xml:lang="en-US">CHANGES IN EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestBearingLoansAndBorrowingAbstract" xlink:label="abev_InterestBearingLoansAndBorrowingAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestBearingLoansAndBorrowingAbstract" xlink:to="abev_InterestBearingLoansAndBorrowingAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestBearingLoansAndBorrowingAbstract_lbl" xml:lang="en-US">Interest-bearing Loans And Borrowing</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl" xml:lang="en-US">INTEREST-BEARING LOANS AND BORROWING</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsAbstract" xlink:label="abev_EmployeeBenefitsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsAbstract" xlink:to="abev_EmployeeBenefitsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsAbstract_lbl" xml:lang="en-US">Employee Benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl" xml:lang="en-US">EMPLOYEE BENEFITS</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ShareBasedPaymentsAbstract" xlink:label="abev_ShareBasedPaymentsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ShareBasedPaymentsAbstract_lbl" xml:lang="en-US">Share-based Payments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl" xml:lang="en-US">SHARE-BASED PAYMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradePayablesAbstract" xlink:label="abev_TradePayablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradePayablesAbstract" xlink:to="abev_TradePayablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TradePayablesAbstract_lbl" xml:lang="en-US">Trade Payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl" xml:lang="en-US">TRADE PAYABLES</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProvisionsAbstract" xlink:label="ifrs-full_ProvisionsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProvisionsAbstract_lbl" xml:lang="en-US">Provisions [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfProvisionsExplanatory" xlink:label="ifrs-full_DisclosureOfProvisionsExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinancialInstrumentsAndRisksAbstract" xlink:label="abev_FinancialInstrumentsAndRisksAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinancialInstrumentsAndRisksAbstract_lbl" xml:lang="en-US">Financial Instruments And Risks</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">FINANCIAL INSTRUMENTS AND RISKS</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract_lbl" xml:lang="en-US">Collateral And Contractual Commitments With Suppliers Advances From Customers And Others</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl" xml:lang="en-US">RELATED PARTIES</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InsuranceAbstract_lbl" xml:lang="en-US">Insurance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfInsuranceContractsExplanatory" xlink:label="ifrs-full_DisclosureOfInsuranceContractsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInsuranceContractsExplanatory_lbl" xml:lang="en-US">INSURANCE</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock_lbl" xml:lang="en-US">Recently issued IFRS</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock" xlink:label="abev_DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock_lbl" xml:lang="en-US">Consolidated financial statements</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_lbl" xml:lang="en-US">Segment reporting</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RevenueRecognitionPolicyTextBlock_lbl" xml:lang="en-US">Revenue recognition</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory_lbl" xml:lang="en-US">Expenses</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForExceptionalItemsExplanatory_lbl" xml:lang="en-US">Exceptional items</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_lbl" xml:lang="en-US">Goodwill</link:label>
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock" xlink:label="abev_DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_lbl" xml:lang="en-US">Trade receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:label="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_lbl" xml:lang="en-US">Equity</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory_lbl" xml:lang="en-US">Interest-bearing loans and borrowings</link:label>
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">Financial Instruments and hedge accounting</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl" xml:lang="en-US">Impairment of non-financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants_lbl" xml:lang="en-US">Tax incentives and subsidized loans</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:label="ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:to="ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_lbl" xml:lang="en-US">Schedule of exchange rates</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock" xlink:label="abev_DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock" xlink:to="abev_DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_lbl" xml:lang="en-US">Schedule of estimated useful lives</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfReportableSegmentsTextBlock" xlink:label="abev_DisclosureOfReportableSegmentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfReportableSegmentsTextBlock" xlink:to="abev_DisclosureOfReportableSegmentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfReportableSegmentsTextBlock_lbl" xml:lang="en-US">Schedule of segment reporting</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock" xlink:label="abev_DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock" xlink:to="abev_DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock_lbl" xml:lang="en-US">Schedule of net sales</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock" xlink:label="abev_DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock" xlink:to="abev_DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock_lbl" xml:lang="en-US">Schedule of other operating income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock" xlink:label="abev_DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock" xlink:to="abev_DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock_lbl" xml:lang="en-US">Schedule of exceptional items</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfPayrollAndRelatedBenefitsTextBlock" xlink:label="abev_DisclosureOfPayrollAndRelatedBenefitsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfPayrollAndRelatedBenefitsTextBlock" xlink:to="abev_DisclosureOfPayrollAndRelatedBenefitsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfPayrollAndRelatedBenefitsTextBlock_lbl" xml:lang="en-US">Schedule of Payroll and related benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock" xlink:label="abev_DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock" xlink:to="abev_DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock_lbl" xml:lang="en-US">Schedule of Income statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDepreciationAndAmortisationExpenseExplanatory_lbl" xml:lang="en-US">Schedule of Depreciation, amortization and impairment expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:label="ifrs-full_DisclosureOfFinanceCostExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:to="ifrs-full_DisclosureOfFinanceCostExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinanceCostExplanatory_lbl" xml:lang="en-US">Schedule of finance expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfInterestExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfInterestExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInterestExpenseExplanatory_lbl" xml:lang="en-US">Schedule of Interest expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFinanceIncomeExplanatory" xlink:label="ifrs-full_DisclosureOfFinanceIncomeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinanceIncomeExplanatory" xlink:to="ifrs-full_DisclosureOfFinanceIncomeExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinanceIncomeExplanatory_lbl" xml:lang="en-US">Schedule of finance income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:label="ifrs-full_DisclosureOfInterestIncomeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:to="ifrs-full_DisclosureOfInterestIncomeExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInterestIncomeExplanatory_lbl" xml:lang="en-US">Schedule of interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:to="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl" xml:lang="en-US">Schedule of Income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock" xlink:label="abev_DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock" xlink:to="abev_DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock_lbl" xml:lang="en-US">Schedule of reconciliation between the weighted nominal tax rate and the effective tax rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl" xml:lang="en-US">Schedule of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock" xlink:label="abev_ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock" xlink:to="abev_ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US">Schedule of Reconciliation of changes in property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AverageDiscountRateAppliedForIFRS16TextBlock" xlink:label="abev_AverageDiscountRateAppliedForIFRS16TextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AverageDiscountRateAppliedForIFRS16TextBlock" xlink:to="abev_AverageDiscountRateAppliedForIFRS16TextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AverageDiscountRateAppliedForIFRS16TextBlock_lbl" xml:lang="en-US">Schedule of average discount rate applied for IFRS 16</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory_lbl" xml:lang="en-US">Schedule of reconciliation of changes in goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:label="ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:to="ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_lbl" xml:lang="en-US">Schedule of carrying amount of goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_lbl" xml:lang="en-US">Schedule of local currency</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl" xml:lang="en-US">Schedule of intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory_lbl" xml:lang="en-US">Schedule of carrying value of intangible assets with indefinite useful lives</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfInvestmentSecuritiesPortionsTextBlock" xlink:label="abev_DisclosureOfInvestmentSecuritiesPortionsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfInvestmentSecuritiesPortionsTextBlock" xlink:to="abev_DisclosureOfInvestmentSecuritiesPortionsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfInvestmentSecuritiesPortionsTextBlock_lbl" xml:lang="en-US">Schedule of investment securities</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock" xlink:label="abev_DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock" xlink:to="abev_DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock_lbl" xml:lang="en-US">Schedule of expected nominal rates</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" xlink:label="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory" xlink:to="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_lbl" xml:lang="en-US">Schedule of deferred income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock" xlink:label="abev_DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock" xlink:to="abev_DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock_lbl" xml:lang="en-US">Schedule of deferred tax assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock" xlink:label="abev_DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock" xlink:to="abev_DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock_lbl" xml:lang="en-US">Schedule of deferred tax realization related to tax losses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock" xlink:label="abev_DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock" xlink:to="abev_DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock_lbl" xml:lang="en-US">Schedule of net change in deferred income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ClassificationsOfRecoverableTaxesTextBlock" xlink:label="abev_ClassificationsOfRecoverableTaxesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ClassificationsOfRecoverableTaxesTextBlock" xlink:to="abev_ClassificationsOfRecoverableTaxesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ClassificationsOfRecoverableTaxesTextBlock_lbl" xml:lang="en-US">Schedule of Classifications of recoverable taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfOtherProvisionsTable" xlink:label="ifrs-full_DisclosureOfOtherProvisionsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsTable" xlink:to="ifrs-full_DisclosureOfOtherProvisionsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherProvisionsTable_lbl" xml:lang="en-US">Disclosure of other provisions [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfInventoryComponentsTextBlock" xlink:label="abev_DisclosureOfInventoryComponentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfInventoryComponentsTextBlock" xlink:to="abev_DisclosureOfInventoryComponentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfInventoryComponentsTextBlock_lbl" xml:lang="en-US">Schedule of inventory components</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:label="ifrs-full_DisclosureOfOtherProvisionsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl" xml:lang="en-US">Schedule of changes in impairment losses on inventory</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfCurrentTradeReceivablesTextBlock" xlink:label="abev_DisclosureOfCurrentTradeReceivablesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfCurrentTradeReceivablesTextBlock" xlink:to="abev_DisclosureOfCurrentTradeReceivablesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfCurrentTradeReceivablesTextBlock_lbl" xml:lang="en-US">Schedule of current trade receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock" xlink:label="abev_DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock" xlink:to="abev_DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock_lbl" xml:lang="en-US">Schedule of changes in bad debt provision</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherProvisionsExplanatory_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfOtherProvisionsExplanatory_2_lbl" xml:lang="en-US">Schedule of changes in bad debt provision</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfComponentsInCashAndCashEquivalentsTextBlock" xlink:label="abev_DisclosureOfComponentsInCashAndCashEquivalentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfComponentsInCashAndCashEquivalentsTextBlock" xlink:to="abev_DisclosureOfComponentsInCashAndCashEquivalentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfComponentsInCashAndCashEquivalentsTextBlock_lbl" xml:lang="en-US">Schedule of components in cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:label="ifrs-full_DisclosureOfIssuedCapitalExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:to="ifrs-full_DisclosureOfIssuedCapitalExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIssuedCapitalExplanatory_lbl" xml:lang="en-US">Schedule of issued capital</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfClassesOfCapitalReservesTextBlock" xlink:label="abev_DisclosureOfClassesOfCapitalReservesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfClassesOfCapitalReservesTextBlock" xlink:to="abev_DisclosureOfClassesOfCapitalReservesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfClassesOfCapitalReservesTextBlock_lbl" xml:lang="en-US">Schedule of capital reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:label="ifrs-full_DisclosureOfTreasurySharesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:to="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl" xml:lang="en-US">Schedule of treasury shares</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfNetIncomeReservesTextBlock" xlink:label="abev_DisclosureOfNetIncomeReservesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfNetIncomeReservesTextBlock" xlink:to="abev_DisclosureOfNetIncomeReservesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfNetIncomeReservesTextBlock_lbl" xml:lang="en-US">Schedule of net income reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock" xlink:label="abev_DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock" xlink:to="abev_DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock_lbl" xml:lang="en-US">Schedule of interest on shareholders' equity and dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfChangesInCarryingValueOfEquityTextBlock" xlink:label="abev_DisclosureOfChangesInCarryingValueOfEquityTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfChangesInCarryingValueOfEquityTextBlock" xlink:to="abev_DisclosureOfChangesInCarryingValueOfEquityTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfChangesInCarryingValueOfEquityTextBlock_lbl" xml:lang="en-US">Schedule of Carrying value adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEarningsPerShareExplanatory_lbl" xml:lang="en-US">Schedule of earnings per share</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EarningsPerShareExplanatory" xlink:label="ifrs-full_EarningsPerShareExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareExplanatory" xlink:to="ifrs-full_EarningsPerShareExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareExplanatory_lbl" xml:lang="en-US">Schedule of calculation of earnings per share</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureForTheBasisOfDividendsTextBlock" xlink:label="abev_DisclosureForTheBasisOfDividendsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureForTheBasisOfDividendsTextBlock" xlink:to="abev_DisclosureForTheBasisOfDividendsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureForTheBasisOfDividendsTextBlock_lbl" xml:lang="en-US">Schedule of basis of dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTotalLiabilitiesTextBlock" xlink:label="abev_DisclosureOfTotalLiabilitiesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTotalLiabilitiesTextBlock" xlink:to="abev_DisclosureOfTotalLiabilitiesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTotalLiabilitiesTextBlock_lbl" xml:lang="en-US">Schedule of total liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl" xml:lang="en-US">Schedule of debts</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock" xlink:label="abev_ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock" xlink:to="abev_ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_lbl" xml:lang="en-US">Schedule of Reconciliation of liabilities arising from financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:label="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:to="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_lbl" xml:lang="en-US">Schedule of net liability for defined benefit plans</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfDefinedBenefitObligationTextBlock" xlink:label="abev_DisclosureOfDefinedBenefitObligationTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfDefinedBenefitObligationTextBlock" xlink:to="abev_DisclosureOfDefinedBenefitObligationTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfDefinedBenefitObligationTextBlock_lbl" xml:lang="en-US">Schedule of defined benefit obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock" xlink:label="abev_DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock" xlink:to="abev_DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock_lbl" xml:lang="en-US">Schedule of changes in the fair value of plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfAssetCeilingTextBlock" xlink:label="abev_DisclosureOfAssetCeilingTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfAssetCeilingTextBlock" xlink:to="abev_DisclosureOfAssetCeilingTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfAssetCeilingTextBlock_lbl" xml:lang="en-US">Schedule of asset ceiling</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock" xlink:label="abev_DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock" xlink:to="abev_DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock_lbl" xml:lang="en-US">Schedule of defined benefit plans recognized in the income statement</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock" xlink:label="abev_DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock" xlink:to="abev_DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock_lbl" xml:lang="en-US">Schedule of employee benefit revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfActuarialAssumptionsOfTheEntityTextBlock" xlink:label="abev_DisclosureOfActuarialAssumptionsOfTheEntityTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfActuarialAssumptionsOfTheEntityTextBlock" xlink:to="abev_DisclosureOfActuarialAssumptionsOfTheEntityTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfActuarialAssumptionsOfTheEntityTextBlock_lbl" xml:lang="en-US">Schedule of assumptions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory" xlink:to="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_lbl" xml:lang="en-US">Schedule of weighted principal assumptions</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfPlanAssetsComponentsTextBlock" xlink:label="abev_DisclosureOfPlanAssetsComponentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfPlanAssetsComponentsTextBlock" xlink:to="abev_DisclosureOfPlanAssetsComponentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfPlanAssetsComponentsTextBlock_lbl" xml:lang="en-US">Schedule of plans assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory" xlink:label="ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory" xlink:to="ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory_lbl" xml:lang="en-US">Schedule of weighted average fair value of the options and assumptions</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheNumberOfOutstandingOptionsTextBlock" xlink:label="abev_DisclosureOfTheNumberOfOutstandingOptionsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheNumberOfOutstandingOptionsTextBlock" xlink:to="abev_DisclosureOfTheNumberOfOutstandingOptionsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheNumberOfOutstandingOptionsTextBlock_lbl" xml:lang="en-US">Schedule of number of outstanding options developed</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock" xlink:label="abev_DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheComponentsOfTradePayablesTextBlock" xlink:label="abev_DisclosureOfTheComponentsOfTradePayablesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheComponentsOfTradePayablesTextBlock" xlink:to="abev_DisclosureOfTheComponentsOfTradePayablesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheComponentsOfTradePayablesTextBlock_lbl" xml:lang="en-US">Schedule of trade payable</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherProvisionsExplanatory_3_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock" xlink:label="abev_DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock" xlink:to="abev_DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock_lbl" xml:lang="en-US">Schedule of expected settlement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_lbl" xml:lang="en-US">Schedule of financial risk management</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:label="ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk_lbl" xml:lang="en-US">Schedule of Notional and fair value amounts per instrument and maturity</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock" xlink:label="abev_DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock" />
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfTermsAndDebtRepaymentsTextBlock" xlink:label="abev_DisclosureOfTermsAndDebtRepaymentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfTermsAndDebtRepaymentsTextBlock" xlink:to="abev_DisclosureOfTermsAndDebtRepaymentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfTermsAndDebtRepaymentsTextBlock_lbl" xml:lang="en-US">Schedule of terms and debt repayments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">Schedule of consolidated financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock" xlink:label="abev_DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock" xlink:to="abev_DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock_lbl" xml:lang="en-US">Schedule of fair value measurement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:label="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfFutureContractualCommitmentsTextBlock" xlink:label="abev_DisclosureOfFutureContractualCommitmentsTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfFutureContractualCommitmentsTextBlock_lbl" xml:lang="en-US">Schedule of future contractual commitments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfEstimatesOfPossibleLossesTextBlock" xlink:label="abev_DisclosureOfEstimatesOfPossibleLossesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfEstimatesOfPossibleLossesTextBlock" xlink:to="abev_DisclosureOfEstimatesOfPossibleLossesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfEstimatesOfPossibleLossesTextBlock_lbl" xml:lang="en-US">Schedule of estimates of possible losses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfKeyManagementPersonnelCompensationTextBlock" xlink:label="abev_DisclosureOfKeyManagementPersonnelCompensationTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfKeyManagementPersonnelCompensationTextBlock" xlink:to="abev_DisclosureOfKeyManagementPersonnelCompensationTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfKeyManagementPersonnelCompensationTextBlock_lbl" xml:lang="en-US">Schedule of key management remuneration</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl" xml:lang="en-US">Schedule of Transactions with related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisclosureOfConsolidatedSubsidiariesTextBlock" xlink:label="abev_DisclosureOfConsolidatedSubsidiariesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureOfConsolidatedSubsidiariesTextBlock" xlink:to="abev_DisclosureOfConsolidatedSubsidiariesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisclosureOfConsolidatedSubsidiariesTextBlock_lbl" xml:lang="en-US">Schedule of consolidated companies</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_ProvedDevelopedAndUndevelopedOilAndGasReserveQuantitiesTable" xlink:label="srt_ProvedDevelopedAndUndevelopedOilAndGasReserveQuantitiesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ProvedDevelopedAndUndevelopedOilAndGasReserveQuantitiesTable" xlink:to="srt_ProvedDevelopedAndUndevelopedOilAndGasReserveQuantitiesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_ProvedDevelopedAndUndevelopedOilAndGasReserveQuantitiesTable_lbl" xml:lang="en-US">Proved Developed and Undeveloped Oil and Gas Reserve Quantities [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_ReserveQuantitiesLineItems" xlink:label="srt_ReserveQuantitiesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_ReserveQuantitiesLineItems" xlink:to="srt_ReserveQuantitiesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_ReserveQuantitiesLineItems_lbl" xml:lang="en-US">Reserve Quantities [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdditionalTaxCredit" xlink:label="abev_AdditionalTaxCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionalTaxCredit" xlink:to="abev_AdditionalTaxCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdditionalTaxCredit_lbl" xml:lang="en-US">Additional tax credit</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherOperatingIncomes" xlink:label="abev_OtherOperatingIncomes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherOperatingIncomes" xlink:to="abev_OtherOperatingIncomes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherOperatingIncomes_lbl" xml:lang="en-US">Other operating income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InsuranceFinanceIncomeExpenses" xlink:label="ifrs-full_InsuranceFinanceIncomeExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InsuranceFinanceIncomeExpenses" xlink:to="ifrs-full_InsuranceFinanceIncomeExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InsuranceFinanceIncomeExpenses_lbl" xml:lang="en-US">Finance expenses and income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StockRepurchaseProgramSharesAuthorized" xlink:label="abev_StockRepurchaseProgramSharesAuthorized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StockRepurchaseProgramSharesAuthorized" xlink:to="abev_StockRepurchaseProgramSharesAuthorized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StockRepurchaseProgramSharesAuthorized_lbl" xml:lang="en-US">abev_StockRepurchaseProgramSharesAuthorized</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="ifrs-full_NumberOfSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US">Number of shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" xlink:label="abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" xlink:to="abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_lbl" xml:lang="en-US">Put options, exercisable number of shares, percent of outstanding stock</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_MaximumTermOfEquitySwapAgreement" xlink:label="abev_MaximumTermOfEquitySwapAgreement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MaximumTermOfEquitySwapAgreement" xlink:to="abev_MaximumTermOfEquitySwapAgreement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_MaximumTermOfEquitySwapAgreement_lbl" xml:lang="en-US">Maximum term of equity swap agreement (Month)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement" xlink:label="abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement" xlink:to="abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_lbl" xml:lang="en-US">Maximum exposure of common shares under a equity swap agreement (in shares)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:label="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_lbl" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="ifrs-full_ClosingForeignExchangeRate" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClosingForeignExchangeRate_lbl" xml:lang="en-US">Closing rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AverageForeignExchangeRate" xlink:label="ifrs-full_AverageForeignExchangeRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AverageForeignExchangeRate" xlink:to="ifrs-full_AverageForeignExchangeRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AverageForeignExchangeRate_lbl" xml:lang="en-US">Average rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PropertyPlantAndEquipmentUsefulLifes" xlink:label="abev_PropertyPlantAndEquipmentUsefulLifes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PropertyPlantAndEquipmentUsefulLifes" xlink:to="abev_PropertyPlantAndEquipmentUsefulLifes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PropertyPlantAndEquipmentUsefulLifes_lbl" xml:lang="en-US">Property, plant and equipment, useful life</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd#srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1" xlink:label="srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1" xlink:to="srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1_lbl" xml:lang="en-US">Lease term</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RightofuseAssets" xlink:label="ifrs-full_RightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RightofuseAssets_lbl" xml:lang="en-US">Right of use asset</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossProfit_2_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherOperatingIncomeExpense_2_lbl" xml:lang="en-US">Other operating income/(expenses)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xml:lang="en-US">Income from operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceIncomeCost_2_lbl" xml:lang="en-US">Net finance costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossBeforeTax_2_lbl" xml:lang="en-US">Income before income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NormalizedEBITDA" xlink:label="abev_NormalizedEBITDA" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NormalizedEBITDA" xlink:to="abev_NormalizedEBITDA_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NormalizedEBITDA_lbl" xml:lang="en-US">EBITDA&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_2_lbl" xml:lang="en-US">Depreciation, amortization and impairment</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NormalizedEBITDAMarginInPercentage" xlink:label="abev_NormalizedEBITDAMarginInPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NormalizedEBITDAMarginInPercentage" xlink:to="abev_NormalizedEBITDAMarginInPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NormalizedEBITDAMarginInPercentage_lbl" xml:lang="en-US">EBITDA margin as a %</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisition of property, plant and equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Assets_2_lbl" xml:lang="en-US">Total assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilities_2_lbl" xml:lang="en-US">Total liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetSalesAbstract" xlink:to="abev_NetSalesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_NetSalesAbstract_2_lbl" xml:lang="en-US">Net Sales - Reconciliation Between Gross Sales And Net Sales</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RevenueFromSaleOfGoods" xlink:label="ifrs-full_RevenueFromSaleOfGoods" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfGoods" xlink:to="ifrs-full_RevenueFromSaleOfGoods_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromSaleOfGoods_lbl" xml:lang="en-US">Gross sales and/or services</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:label="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense" xlink:to="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TaxExpenseOtherThanIncomeTaxExpense_lbl" xml:lang="en-US">Excise duty</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_SalesDiscounts" xlink:label="abev_SalesDiscounts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SalesDiscounts" xlink:to="abev_SalesDiscounts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_SalesDiscounts_lbl" xml:lang="en-US">Discounts</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Revenue" xlink:label="ifrs-full_Revenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US">Total&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DeductionOfRevenue" xlink:label="abev_DeductionOfRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeductionOfRevenue" xlink:to="abev_DeductionOfRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DeductionOfRevenue_lbl" xml:lang="en-US">Fiscal incentives</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RevenueFromGovernmentGrants" xlink:label="ifrs-full_RevenueFromGovernmentGrants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromGovernmentGrants" xlink:to="ifrs-full_RevenueFromGovernmentGrants_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromGovernmentGrants_lbl" xml:lang="en-US">Government grants/net present value of long-term fiscal incentives</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ExtemporaneousCreditsDebits" xlink:label="abev_ExtemporaneousCreditsDebits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExtemporaneousCreditsDebits" xlink:to="abev_ExtemporaneousCreditsDebits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ExtemporaneousCreditsDebits_lbl" xml:lang="en-US">Extemporaneous credits/(debits)&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="ifrs-full_AdjustmentsForProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xml:lang="en-US">(Additions)/reversals of provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:label="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment_lbl" xml:lang="en-US">Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherPortionsOfOtherOperatingIncomeExpense" xlink:label="abev_OtherPortionsOfOtherOperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherPortionsOfOtherOperatingIncomeExpense" xlink:to="abev_OtherPortionsOfOtherOperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_OtherPortionsOfOtherOperatingIncomeExpense_lbl" xml:lang="en-US">Other operating income/(expenses), net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherOperatingIncomeExpense_3_lbl" xml:lang="en-US">Total&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureExceptionalItemsAbstract" xlink:to="abev_DisclosureExceptionalItemsAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DisclosureExceptionalItemsAbstract_2_lbl" xml:lang="en-US">Exceptional Items - Exceptional Items Included In Income Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BusinessCombinationsCosts" xlink:label="abev_BusinessCombinationsCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BusinessCombinationsCosts" xlink:to="abev_BusinessCombinationsCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_BusinessCombinationsCosts_lbl" xml:lang="en-US">Costs arising from business combinations</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_Covid19ImpactExpense" xlink:label="abev_Covid19ImpactExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Covid19ImpactExpense" xlink:to="abev_Covid19ImpactExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_Covid19ImpactExpense_lbl" xml:lang="en-US">COVID-19 impacts&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ExpenseOfRestructuringActivities" xlink:label="ifrs-full_ExpenseOfRestructuringActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseOfRestructuringActivities" xlink:to="ifrs-full_ExpenseOfRestructuringActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ExpenseOfRestructuringActivities_lbl" xml:lang="en-US">Restructuring&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:label="ifrs-full_GainsLossesOnNetMonetaryPosition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:to="ifrs-full_GainsLossesOnNetMonetaryPosition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainsLossesOnNetMonetaryPosition_lbl" xml:lang="en-US">Effect of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProductRecallExpense" xlink:label="abev_ProductRecallExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProductRecallExpense" xlink:to="abev_ProductRecallExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_ProductRecallExpense_lbl" xml:lang="en-US">Stella Recall&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DistributionAgreement" xlink:label="abev_DistributionAgreement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DistributionAgreement" xlink:to="abev_DistributionAgreement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_DistributionAgreement_lbl" xml:lang="en-US">Distribution agreement&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_WriteoffOfInvestmentsiv" xlink:label="abev_WriteoffOfInvestmentsiv" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_WriteoffOfInvestmentsiv" xlink:to="abev_WriteoffOfInvestmentsiv_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_WriteoffOfInvestmentsiv_lbl" xml:lang="en-US">Write-off of investments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExceptionalItems" xlink:to="abev_ExceptionalItems_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="abev_ExceptionalItems_2_lbl" xml:lang="en-US">&#160;Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosurePayrollAndRelatedBenefitsAbstract" xlink:to="abev_DisclosurePayrollAndRelatedBenefitsAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DisclosurePayrollAndRelatedBenefitsAbstract_2_lbl" xml:lang="en-US">Payroll And Related Benefits - Schedule Of Payroll And Related Benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WagesAndSalaries" xlink:label="ifrs-full_WagesAndSalaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WagesAndSalaries" xlink:to="ifrs-full_WagesAndSalaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WagesAndSalaries_lbl" xml:lang="en-US">Wages and salaries</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SocialSecurityContributions" xlink:label="ifrs-full_SocialSecurityContributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SocialSecurityContributions" xlink:to="ifrs-full_SocialSecurityContributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SocialSecurityContributions_lbl" xml:lang="en-US">Social security contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherEmployeeExpense" xlink:label="ifrs-full_OtherEmployeeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherEmployeeExpense" xlink:to="ifrs-full_OtherEmployeeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherEmployeeExpense_lbl" xml:lang="en-US">Other personnel costs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_lbl" xml:lang="en-US">Increase in liabilities for defined benefit plans</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:label="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:to="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_lbl" xml:lang="en-US">Share-based payments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:to="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans_lbl" xml:lang="en-US">Contributions to defined contribution plans</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:label="ifrs-full_EmployeeBenefitsExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EmployeeBenefitsExpense" xlink:to="ifrs-full_EmployeeBenefitsExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl" xml:lang="en-US">&#160;Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosurePayrollAndRelatedBenefitsAbstract" xlink:to="abev_DisclosurePayrollAndRelatedBenefitsAbstract_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="abev_DisclosurePayrollAndRelatedBenefitsAbstract_3_lbl" xml:lang="en-US">Payroll And Related Benefits - Payroll And Related Benefits Income Statement Presentation</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsExpenseCostOfSales" xlink:label="abev_EmployeeBenefitsExpenseCostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseCostOfSales" xlink:to="abev_EmployeeBenefitsExpenseCostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsExpenseCostOfSales_lbl" xml:lang="en-US">Cost&#160;of&#160;sales</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsExpenseDistributionExpenses" xlink:label="abev_EmployeeBenefitsExpenseDistributionExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseDistributionExpenses" xlink:to="abev_EmployeeBenefitsExpenseDistributionExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsExpenseDistributionExpenses_lbl" xml:lang="en-US">Distribution&#160;expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses" xlink:label="abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses" xlink:to="abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses_lbl" xml:lang="en-US">Sales&#160;and&#160;marketing&#160;expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsExpenseAdministrativeExpenses" xlink:label="abev_EmployeeBenefitsExpenseAdministrativeExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseAdministrativeExpenses" xlink:to="abev_EmployeeBenefitsExpenseAdministrativeExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsExpenseAdministrativeExpenses_lbl" xml:lang="en-US">Administrative&#160;expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsExpenseNetFinanceCosts" xlink:label="abev_EmployeeBenefitsExpenseNetFinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseNetFinanceCosts" xlink:to="abev_EmployeeBenefitsExpenseNetFinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsExpenseNetFinanceCosts_lbl" xml:lang="en-US">Net&#160;finance&#160;costs</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense" xlink:label="abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense" xlink:to="abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense_lbl" xml:lang="en-US">Other&#160;operating&#160;(income)/expenses,&#160;net</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EmployeeBenefitsExpenseExceptionalItems" xlink:label="abev_EmployeeBenefitsExpenseExceptionalItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseExceptionalItems" xlink:to="abev_EmployeeBenefitsExpenseExceptionalItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EmployeeBenefitsExpenseExceptionalItems_lbl" xml:lang="en-US">Exceptional&#160;items</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract" xlink:to="abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract_2_lbl" xml:lang="en-US">Additional Information On Cost Of Sales And Operating Expenses By Nature - Depreciation Amortization And Impairment Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DepreciationExpenseCostOfSales" xlink:label="abev_DepreciationExpenseCostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseCostOfSales" xlink:to="abev_DepreciationExpenseCostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DepreciationExpenseCostOfSales_lbl" xml:lang="en-US">Depreciation and impairment of property, plant and equipment, cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmortisationExpenseCostOfSales" xlink:label="abev_AmortisationExpenseCostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseCostOfSales" xlink:to="abev_AmortisationExpenseCostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmortisationExpenseCostOfSales_lbl" xml:lang="en-US">Amortization of intangible assets, cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DepreciationExpenseDistributionExpenses" xlink:label="abev_DepreciationExpenseDistributionExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseDistributionExpenses" xlink:to="abev_DepreciationExpenseDistributionExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DepreciationExpenseDistributionExpenses_lbl" xml:lang="en-US">Depreciation and impairment of property, plant and equipment, distribution expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmortisationExpenseDistributionExpenses" xlink:label="abev_AmortisationExpenseDistributionExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseDistributionExpenses" xlink:to="abev_AmortisationExpenseDistributionExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmortisationExpenseDistributionExpenses_lbl" xml:lang="en-US">Amortization of intangible assets, distribution expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DepreciationExpenseSalesAndMarketingExpenses" xlink:label="abev_DepreciationExpenseSalesAndMarketingExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseSalesAndMarketingExpenses" xlink:to="abev_DepreciationExpenseSalesAndMarketingExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DepreciationExpenseSalesAndMarketingExpenses_lbl" xml:lang="en-US">Depreciation and impairment of property, plant and equipment, sales and marketing expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmortisationExpenseSalesAndMarketingExpenses" xlink:label="abev_AmortisationExpenseSalesAndMarketingExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseSalesAndMarketingExpenses" xlink:to="abev_AmortisationExpenseSalesAndMarketingExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmortisationExpenseSalesAndMarketingExpenses_lbl" xml:lang="en-US">Amortization of intangible assets, sales and marketing expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DepreciationExpenseAdministrativeExpenses" xlink:label="abev_DepreciationExpenseAdministrativeExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseAdministrativeExpenses" xlink:to="abev_DepreciationExpenseAdministrativeExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DepreciationExpenseAdministrativeExpenses_lbl" xml:lang="en-US">Depreciation and impairment of property, plant and equipment, administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmortisationExpenseAdministrativeExpenses" xlink:label="abev_AmortisationExpenseAdministrativeExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseAdministrativeExpenses" xlink:to="abev_AmortisationExpenseAdministrativeExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmortisationExpenseAdministrativeExpenses_lbl" xml:lang="en-US">Amortization of intangible assets, administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DepreciationExpense" xlink:label="ifrs-full_DepreciationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationExpense_lbl" xml:lang="en-US">Depreciation and impairment of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AmortisationExpense" xlink:label="ifrs-full_AmortisationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationExpense" xlink:to="ifrs-full_AmortisationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmortisationExpense_lbl" xml:lang="en-US">Amortization of intangible assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseCostOfSales" xlink:to="abev_EmployeeBenefitsExpenseCostOfSales_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_EmployeeBenefitsExpenseCostOfSales_2_lbl" xml:lang="en-US">Employee benefits expense, cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment" xlink:label="abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment" xlink:to="abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_lbl" xml:lang="en-US">Total cost of sales, employee benefit expenses, depreciation, amortization and impairment</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CostOfSalesProductionCosts" xlink:label="abev_CostOfSalesProductionCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CostOfSalesProductionCosts" xlink:to="abev_CostOfSalesProductionCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CostOfSalesProductionCosts_lbl" xml:lang="en-US">Cost of sales, production costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinanceExpensesAndIncomeAbstract" xlink:to="abev_FinanceExpensesAndIncomeAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_FinanceExpensesAndIncomeAbstract_2_lbl" xml:lang="en-US">Finance Expenses And Income - Finance Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InterestExpense" xlink:label="ifrs-full_InterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestExpense_lbl" xml:lang="en-US">Interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetInterestOnPensionPlans" xlink:label="abev_NetInterestOnPensionPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetInterestOnPensionPlans" xlink:to="abev_NetInterestOnPensionPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_NetInterestOnPensionPlans_lbl" xml:lang="en-US">Net Interest on pension plans</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnHedgingInstrument" xlink:label="ifrs-full_GainsLossesOnHedgingInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnHedgingInstrument" xlink:to="ifrs-full_GainsLossesOnHedgingInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnHedgingInstrument_lbl" xml:lang="en-US">Losses on hedging instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestOnProvisionForContingencies" xlink:label="abev_InterestOnProvisionForContingencies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnProvisionForContingencies" xlink:to="abev_InterestOnProvisionForContingencies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_InterestOnProvisionForContingencies_lbl" xml:lang="en-US">Interest on provision for disputes and litigation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NetForeignExchangeLoss" xlink:label="ifrs-full_NetForeignExchangeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetForeignExchangeLoss" xlink:to="ifrs-full_NetForeignExchangeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NetForeignExchangeLoss_lbl" xml:lang="en-US">Exchange variations</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdjustmentInFairValueOfFinancialInstruments" xlink:label="abev_AdjustmentInFairValueOfFinancialInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdjustmentInFairValueOfFinancialInstruments" xlink:to="abev_AdjustmentInFairValueOfFinancialInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_AdjustmentInFairValueOfFinancialInstruments_lbl" xml:lang="en-US">Financial instruments at fair value through profit or loss</link:label>
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentTaxLiabilities" xlink:label="ifrs-full_CurrentTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilities" xlink:to="ifrs-full_CurrentTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxLiabilities_lbl" xml:lang="en-US">Taxes payable nominal rate</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdjustmentOnTaxExpenseAbstract" xlink:label="abev_AdjustmentOnTaxExpenseAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdjustmentOnTaxExpenseAbstract" xlink:to="abev_AdjustmentOnTaxExpenseAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdjustmentOnTaxExpenseAbstract_lbl" xml:lang="en-US">Adjustment on tax expense</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxEffectOfRegionalIncentives" xlink:label="abev_TaxEffectOfRegionalIncentives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfRegionalIncentives" xlink:to="abev_TaxEffectOfRegionalIncentives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxEffectOfRegionalIncentives_lbl" xml:lang="en-US">Income tax Incentives</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxEffectOfDeductibleInterestOfShareholdersEquity" xlink:label="abev_TaxEffectOfDeductibleInterestOfShareholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfDeductibleInterestOfShareholdersEquity" xlink:to="abev_TaxEffectOfDeductibleInterestOfShareholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxEffectOfDeductibleInterestOfShareholdersEquity_lbl" xml:lang="en-US">Deductible interest on shareholders&#8217; equity</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TaxEffectOfImpairmentOfGoodwill" xlink:label="ifrs-full_TaxEffectOfImpairmentOfGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxEffectOfImpairmentOfGoodwill" xlink:to="ifrs-full_TaxEffectOfImpairmentOfGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxEffectOfImpairmentOfGoodwill_lbl" xml:lang="en-US">Tax savings from goodwill amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxEffectOfWithholdingTaxOverUndistributedProfits" xlink:label="abev_TaxEffectOfWithholdingTaxOverUndistributedProfits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfWithholdingTaxOverUndistributedProfits" xlink:to="abev_TaxEffectOfWithholdingTaxOverUndistributedProfits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxEffectOfWithholdingTaxOverUndistributedProfits_lbl" xml:lang="en-US">Withholding income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TaxEffectOfTaxLosses" xlink:label="ifrs-full_TaxEffectOfTaxLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxEffectOfTaxLosses" xlink:to="ifrs-full_TaxEffectOfTaxLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxEffectOfTaxLosses_lbl" xml:lang="en-US">Recognition/(write-off) of deferred charges on tax losses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxEffectOfAdoptionOfNewAccountingPolicy" xlink:label="abev_TaxEffectOfAdoptionOfNewAccountingPolicy" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfAdoptionOfNewAccountingPolicy" xlink:to="abev_TaxEffectOfAdoptionOfNewAccountingPolicy_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_TaxEffectOfAdoptionOfNewAccountingPolicy_lbl" xml:lang="en-US">Effect of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl" xml:lang="en-US">Others with reduced taxation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_3_lbl" xml:lang="en-US">Income tax and social contribution expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AverageEffectiveTaxRate" xlink:label="ifrs-full_AverageEffectiveTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AverageEffectiveTaxRate" xlink:to="ifrs-full_AverageEffectiveTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AverageEffectiveTaxRate_lbl" xml:lang="en-US">Effective tax rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" xlink:label="ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense" xlink:to="ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_lbl" xml:lang="en-US">Tax benefit arising from previously unrecognised tax loss, tax credit or temporary difference of prior period used to reduce deferred tax expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherPropertyPlantAndEquipment" xlink:label="ifrs-full_OtherPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipment" xlink:to="ifrs-full_OtherPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherPropertyPlantAndEquipment_lbl" xml:lang="en-US">Property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Effects of movements in foreign exchange in the balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy" xlink:label="abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy" xlink:to="abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy_lbl" xml:lang="en-US">Effects of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Acquisition through business combinations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Acquisitions</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment" xlink:label="abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment" xlink:to="abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment_lbl" xml:lang="en-US">Disposals and write-offs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl" xml:lang="en-US">Transfers from/(to) other asset categories</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DepreciationPropertyPlantAndEquipments" xlink:label="abev_DepreciationPropertyPlantAndEquipments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationPropertyPlantAndEquipments" xlink:to="abev_DepreciationPropertyPlantAndEquipments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DepreciationPropertyPlantAndEquipments_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Impairment losses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdditionsPropertyPlantAndEquipment" xlink:label="abev_AdditionsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionsPropertyPlantAndEquipment" xlink:to="abev_AdditionsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdditionsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment" xlink:label="ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment_lbl" xml:lang="en-US">Write-offs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:label="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable" xlink:to="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAmountsToBeRecoveredOrSettledAfterTwelveMonthsForClassesOfAssetsAndLiabilitiesThatContainAmountsToBeRecoveredOrSettledBothNoMoreAndMoreThanTwelveMonthsAfterReportingDateTable_lbl" xml:lang="en-US">Disclosure of amounts to be recovered or settled after twelve months for classes of assets and liabilities that contain amounts to be recovered or settled both no more and more than twelve months after reporting date [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:label="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:to="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_lbl" xml:lang="en-US">Rate %</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillAbstract" xlink:to="abev_GoodwillAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GoodwillAbstract_2_lbl" xml:lang="en-US">Goodwill - Changes In Period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Goodwill_2_lbl" xml:lang="en-US">Balance at the end of the previous year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_lbl" xml:lang="en-US">Effects of movements in foreign exchange in the balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment" xlink:label="abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment" xlink:to="abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_lbl" xml:lang="en-US">Effect of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill" xlink:label="abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill" xlink:to="abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill_lbl" xml:lang="en-US">Acquisitions, (write-offs) and disposal through business combinations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Goodwill_3_lbl" xml:lang="en-US">Balance at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitTable" xlink:label="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitTable" xlink:to="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitTable_lbl" xml:lang="en-US">Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GoodwillGrossAmount" xlink:label="abev_GoodwillGrossAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillGrossAmount" xlink:to="abev_GoodwillGrossAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GoodwillGrossAmount_lbl" xml:lang="en-US">Goodwill, gross</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GoodwillNoncontrollingTransactions" xlink:label="abev_GoodwillNoncontrollingTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillNoncontrollingTransactions" xlink:to="abev_GoodwillNoncontrollingTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GoodwillNoncontrollingTransactions_lbl" xml:lang="en-US">Goodwill, non-controlling transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SignificantUnobservableInputAssets" xlink:label="ifrs-full_SignificantUnobservableInputAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantUnobservableInputAssets" xlink:to="ifrs-full_SignificantUnobservableInputAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantUnobservableInputAssets_lbl" xml:lang="en-US">Weighted average cost of capital</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GoodwillPercentageOfTotalAssets" xlink:label="abev_GoodwillPercentageOfTotalAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillPercentageOfTotalAssets" xlink:to="abev_GoodwillPercentageOfTotalAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GoodwillPercentageOfTotalAssets_lbl" xml:lang="en-US">Goodwill percentage of total assets</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GrowthRate" xlink:label="abev_GrowthRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrowthRate" xlink:to="abev_GrowthRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GrowthRate_lbl" xml:lang="en-US">Growth rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillTable_lbl" xml:lang="en-US">Disclosure of reconciliation of changes in goodwill [table]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_2_lbl" xml:lang="en-US">Intangible assets, final balance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Effects of movements in foreign exchange in the balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" xlink:label="abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" xlink:to="abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_lbl" xml:lang="en-US">Effect of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Disposal</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Transfers from/(to) other asset categories</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeTable_lbl" xml:lang="en-US">Disclosure of intangible assets with indefinite useful life [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife" xlink:label="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife" xlink:to="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife_lbl" xml:lang="en-US">Intangible assets with indefinite useful life</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureInvestmentSecuritiesAbstract" xlink:to="abev_DisclosureInvestmentSecuritiesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DisclosureInvestmentSecuritiesAbstract_2_lbl" xml:lang="en-US">Investment Securities - Portions Of Investment Securities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DebtInstrumentsHeld" xlink:label="ifrs-full_DebtInstrumentsHeld" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DebtInstrumentsHeld" xlink:to="ifrs-full_DebtInstrumentsHeld_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DebtInstrumentsHeld_lbl" xml:lang="en-US">Investment on debt securities&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentHeldtomaturityInvestments" xlink:to="ifrs-full_NoncurrentHeldtomaturityInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentHeldtomaturityInvestments_2_lbl" xml:lang="en-US">Non-current investment securities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:label="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading" xlink:to="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_lbl" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentInvestments" xlink:to="ifrs-full_CurrentInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentInvestments_2_lbl" xml:lang="en-US">Current investment securities</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InvestmentSecurities" xlink:label="abev_InvestmentSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InvestmentSecurities" xlink:to="abev_InvestmentSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="abev_InvestmentSecurities_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxRateEffectOfTaxLossesAndSocialContributions" xlink:label="abev_TaxRateEffectOfTaxLossesAndSocialContributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxRateEffectOfTaxLossesAndSocialContributions" xlink:to="abev_TaxRateEffectOfTaxLossesAndSocialContributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxRateEffectOfTaxLossesAndSocialContributions_lbl" xml:lang="en-US">Applied rates</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges" xlink:label="abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges" xlink:to="abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_lbl" xml:lang="en-US">Applicable tax rate, first two years after legislation changes</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:label="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable" xlink:to="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsTable_lbl" xml:lang="en-US">Disclosure of temporary difference, unused tax losses and unused tax credits [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DeferredTaxAssets" xlink:label="ifrs-full_DeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US">Gross deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DeferredTaxsLiabilities" xlink:label="abev_DeferredTaxsLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeferredTaxsLiabilities" xlink:to="abev_DeferredTaxsLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DeferredTaxsLiabilities_lbl" xml:lang="en-US">Gross deferred tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="ifrs-full_DeferredTaxLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl" xml:lang="en-US">Net deferred tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Netting by taxable entity</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss" xlink:label="abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss" xlink:to="abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Netting by taxable entity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NetDeferredTaxAssets_2_lbl" xml:lang="en-US">Net deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetDeferredTaxLiabilities1" xlink:label="abev_NetDeferredTaxLiabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetDeferredTaxLiabilities1" xlink:to="abev_NetDeferredTaxLiabilities1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_NetDeferredTaxLiabilities1_lbl" xml:lang="en-US">Net deferred tax liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_2_lbl" xml:lang="en-US">Net deferred tax assets / (liabilities)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_3_lbl" xml:lang="en-US">Deferred Tax Related to Tax Losses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract" xlink:to="abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract_2_lbl" xml:lang="en-US">Deferred Income Tax And Social Contribution - Net Change In Deferred Income Tax And Social Contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome" xlink:label="ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_lbl" xml:lang="en-US">Recognition of actuarial gains/(losses)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome" xlink:label="abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome" xlink:to="abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_lbl" xml:lang="en-US">Investment hedge - put option of a subsidiary interest</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl" xml:lang="en-US">Cash flow hedge - gains/(losses)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:label="ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_lbl" xml:lang="en-US">Gains/(losses) on translation of other foreign operations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:label="ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_lbl" xml:lang="en-US">Recognized in other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DeferredTaxExpenseIncomes" xlink:label="abev_DeferredTaxExpenseIncomes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeferredTaxExpenseIncomes" xlink:to="abev_DeferredTaxExpenseIncomes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DeferredTaxExpenseIncomes_lbl" xml:lang="en-US">Recognized in the income statement</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet" xlink:label="abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet" xlink:to="abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_lbl" xml:lang="en-US">Changes directly in the balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet" xlink:label="abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet" xlink:to="abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_lbl" xml:lang="en-US">Recognized in deferred tax</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet" xlink:label="abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet" xlink:to="abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_lbl" xml:lang="en-US">Effect of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet" xlink:label="abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet" xlink:to="abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_lbl" xml:lang="en-US">Recognized in other balance sheet group</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxCreditRelatedToTaxLosses" xlink:label="abev_TaxCreditRelatedToTaxLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditRelatedToTaxLosses" xlink:to="abev_TaxCreditRelatedToTaxLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxCreditRelatedToTaxLosses_lbl" xml:lang="en-US">Tax credit related to tax losses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TaxLossesCarriedForwardInRelationToCredit" xlink:label="abev_TaxLossesCarriedForwardInRelationToCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxLossesCarriedForwardInRelationToCredit" xlink:to="abev_TaxLossesCarriedForwardInRelationToCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TaxLossesCarriedForwardInRelationToCredit_lbl" xml:lang="en-US">Tax loses carried forward in relation to credit</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RecoverableTaxCreditAssetsNoncurrent" xlink:label="abev_RecoverableTaxCreditAssetsNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCreditAssetsNoncurrent" xlink:to="abev_RecoverableTaxCreditAssetsNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RecoverableTaxCreditAssetsNoncurrent_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RecoverableTaxCreditAssetsCurrent" xlink:label="abev_RecoverableTaxCreditAssetsCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCreditAssetsCurrent" xlink:to="abev_RecoverableTaxCreditAssetsCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RecoverableTaxCreditAssetsCurrent_lbl" xml:lang="en-US">Current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RecoverableTaxCreditAssets" xlink:label="abev_RecoverableTaxCreditAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCreditAssets" xlink:to="abev_RecoverableTaxCreditAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RecoverableTaxCreditAssets_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InventoryAbstract" xlink:to="abev_InventoryAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_InventoryAbstract_2_lbl" xml:lang="en-US">Inventory - Schedule Of Inventory</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinishedGoods" xlink:label="ifrs-full_FinishedGoods" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinishedGoods" xlink:to="ifrs-full_FinishedGoods_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinishedGoods_lbl" xml:lang="en-US">Finished goods&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WorkInProgress" xlink:label="ifrs-full_WorkInProgress" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WorkInProgress" xlink:to="ifrs-full_WorkInProgress_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WorkInProgress_lbl" xml:lang="en-US">Work in progress</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RawMaterials" xlink:label="ifrs-full_RawMaterials" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RawMaterials" xlink:to="ifrs-full_RawMaterials_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RawMaterials_lbl" xml:lang="en-US">Raw materials and consumables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SpareParts" xlink:label="ifrs-full_SpareParts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SpareParts" xlink:to="ifrs-full_SpareParts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SpareParts_lbl" xml:lang="en-US">Spare parts and others</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentPrepayments" xlink:label="ifrs-full_CurrentPrepayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPrepayments" xlink:to="ifrs-full_CurrentPrepayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentPrepayments_lbl" xml:lang="en-US">Prepayments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InventoriesImpairmentLosses" xlink:label="abev_InventoriesImpairmentLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InventoriesImpairmentLosses" xlink:to="abev_InventoriesImpairmentLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_InventoriesImpairmentLosses_lbl" xml:lang="en-US">Impairment losses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Inventories_2_lbl" xml:lang="en-US">Total&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_OtherProvisions" xlink:label="ifrs-full_OtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherProvisions_lbl" xml:lang="en-US">At December 31, 2022</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl" xml:lang="en-US">Effects of movements in foreign exchange in the balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NewProvisionsOtherProvisions" xlink:label="ifrs-full_NewProvisionsOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NewProvisionsOtherProvisions" xlink:to="ifrs-full_NewProvisionsOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NewProvisionsOtherProvisions_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProvisionUsedOtherProvisions" xlink:label="ifrs-full_ProvisionUsedOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionUsedOtherProvisions" xlink:to="ifrs-full_ProvisionUsedOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProvisionUsedOtherProvisions_lbl" xml:lang="en-US">Write-off</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradeReceivablesAbstract" xlink:to="abev_TradeReceivablesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_TradeReceivablesAbstract_2_lbl" xml:lang="en-US">Trade Receivables - Current Trade Receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentTradeReceivables" xlink:label="ifrs-full_CurrentTradeReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTradeReceivables" xlink:to="ifrs-full_CurrentTradeReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentTradeReceivables_lbl" xml:lang="en-US">Trade receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_BadDebtProvisions" xlink:label="abev_BadDebtProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BadDebtProvisions" xlink:to="abev_BadDebtProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_BadDebtProvisions_lbl" xml:lang="en-US">Bad debt provision</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CurrentTradeReceivablesNetOfBadDebtProvisions" xlink:label="abev_CurrentTradeReceivablesNetOfBadDebtProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentTradeReceivablesNetOfBadDebtProvisions" xlink:to="abev_CurrentTradeReceivablesNetOfBadDebtProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="abev_CurrentTradeReceivablesNetOfBadDebtProvisions_lbl" xml:lang="en-US">Net, trade receivables&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:label="ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:to="ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties_lbl" xml:lang="en-US">Related parties (Note 31)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_2_lbl" xml:lang="en-US">Total current trade receivables&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfProvisionMatrixTable" xlink:label="ifrs-full_DisclosureOfProvisionMatrixTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfProvisionMatrixTable" xlink:to="ifrs-full_DisclosureOfProvisionMatrixTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfProvisionMatrixTable_lbl" xml:lang="en-US">Disclosure of provision matrix [table]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentTradeReceivablesNetOfBadDebtProvisions" xlink:to="abev_CurrentTradeReceivablesNetOfBadDebtProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CurrentTradeReceivablesNetOfBadDebtProvisions_2_lbl" xml:lang="en-US">Net, trade receivables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherProvisions_2_lbl" xml:lang="en-US">At December 31, 2022</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1" xlink:label="abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1" xlink:to="abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_lbl" xml:lang="en-US">Effects of movements in foreign exchange in the balance sheet</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NewProvisionsOtherProvisions" xlink:to="ifrs-full_NewProvisionsOtherProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NewProvisionsOtherProvisions_2_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:label="ifrs-full_UnusedProvisionReversedOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:to="ifrs-full_UnusedProvisionReversedOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnusedProvisionReversedOtherProvisions_lbl" xml:lang="en-US">Reversals</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProvisionUsedOtherProvisions1" xlink:label="abev_ProvisionUsedOtherProvisions1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProvisionUsedOtherProvisions1" xlink:to="abev_ProvisionUsedOtherProvisions1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_ProvisionUsedOtherProvisions1_lbl" xml:lang="en-US">Write-off</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:label="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_lbl" xml:lang="en-US">Short-term bank deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BalancesWithBanks" xlink:label="ifrs-full_BalancesWithBanks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BalancesWithBanks" xlink:to="ifrs-full_BalancesWithBanks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BalancesWithBanks_lbl" xml:lang="en-US">Current bank accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashOnHand" xlink:label="ifrs-full_CashOnHand" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashOnHand" xlink:to="ifrs-full_CashOnHand_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashOnHand_lbl" xml:lang="en-US">Cash</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BankOverdraftsClassifiedAsCashEquivalents" xlink:to="ifrs-full_BankOverdraftsClassifiedAsCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_BankOverdraftsClassifiedAsCashEquivalents_2_lbl" xml:lang="en-US">Bank overdrafts</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:label="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:to="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_lbl" xml:lang="en-US">Cash and cash equivalents less bank overdraft</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ShorttermDepositsGuaranteeDeposits" xlink:label="abev_ShorttermDepositsGuaranteeDeposits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ShorttermDepositsGuaranteeDeposits" xlink:to="abev_ShorttermDepositsGuaranteeDeposits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ShorttermDepositsGuaranteeDeposits_lbl" xml:lang="en-US">Short-term deposits, guarantee deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EquitySharesOutstanding" xlink:label="abev_EquitySharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EquitySharesOutstanding" xlink:to="abev_EquitySharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="abev_EquitySharesOutstanding_lbl" xml:lang="en-US">abev_EquitySharesOutstanding</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EquitySharesOutstanding" xlink:to="abev_EquitySharesOutstanding_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="abev_EquitySharesOutstanding_2_lbl" xml:lang="en-US">abev_EquitySharesOutstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IssueOfEquityShares" xlink:label="abev_IssueOfEquityShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IssueOfEquityShares" xlink:to="abev_IssueOfEquityShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IssueOfEquityShares_lbl" xml:lang="en-US">abev_IssueOfEquityShares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IssueOfEquity_2_lbl" xml:lang="en-US">Issue of equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalReserve" xlink:to="ifrs-full_CapitalReserve_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_CapitalReserve_2_lbl" xml:lang="en-US">Beginning balance, capital reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseThroughEquityIncrease" xlink:label="abev_IncreaseDecreaseThroughEquityIncrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughEquityIncrease" xlink:to="abev_IncreaseDecreaseThroughEquityIncrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncreaseDecreaseThroughEquityIncrease_lbl" xml:lang="en-US">Capital Increase</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" xlink:label="abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" xlink:to="abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_lbl" xml:lang="en-US">Purchases of shares and results from treasury shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalReserve" xlink:to="ifrs-full_CapitalReserve_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_CapitalReserve_3_lbl" xml:lang="en-US">Final balance, capital reserves</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureChangesInEquityAbstract" xlink:to="abev_DisclosureChangesInEquityAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DisclosureChangesInEquityAbstract_2_lbl" xml:lang="en-US">Changes In Equity - Treasury Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TreasurySharesAcquiredrealizedOutstanding" xlink:label="abev_TreasurySharesAcquiredrealizedOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedOutstanding" xlink:to="abev_TreasurySharesAcquiredrealizedOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="abev_TreasurySharesAcquiredrealizedOutstanding_lbl" xml:lang="en-US">Balance, treasury shares acquired/realized (in shares)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TreasurySharesAcquiredrealizedOutstandingAmount" xlink:label="abev_TreasurySharesAcquiredrealizedOutstandingAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedOutstandingAmount" xlink:to="abev_TreasurySharesAcquiredrealizedOutstandingAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="abev_TreasurySharesAcquiredrealizedOutstandingAmount_lbl" xml:lang="en-US">Balance, treasury shares acquired/realized, amount</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TreasurySharesHeld" xlink:label="abev_TreasurySharesHeld" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesHeld" xlink:to="abev_TreasurySharesHeld_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="abev_TreasurySharesHeld_lbl" xml:lang="en-US">Balance, treasury shares (in shares)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TreasuryShares" xlink:label="ifrs-full_TreasuryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasuryShares" xlink:to="ifrs-full_TreasuryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_TreasuryShares_lbl" xml:lang="en-US">Balance, treasury shares, amount</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TreasurySharesAcquiredRealizedDuringThePeriod" xlink:label="abev_TreasurySharesAcquiredRealizedDuringThePeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredRealizedDuringThePeriod" xlink:to="abev_TreasurySharesAcquiredRealizedDuringThePeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TreasurySharesAcquiredRealizedDuringThePeriod_lbl" xml:lang="en-US">Changes during the year, treasury shares acquired/realized (in shares)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount" xlink:label="abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount" xlink:to="abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount_lbl" xml:lang="en-US">Changes during the year, treasury shares acquired/realized, amount</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TreasurySharesChangeDuringThePeriod" xlink:label="abev_TreasurySharesChangeDuringThePeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesChangeDuringThePeriod" xlink:to="abev_TreasurySharesChangeDuringThePeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TreasurySharesChangeDuringThePeriod_lbl" xml:lang="en-US">Changes during the year, treasury shares (in shares)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TreasurySharesChangeDuringThePeriodValue" xlink:label="abev_TreasurySharesChangeDuringThePeriodValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesChangeDuringThePeriodValue" xlink:to="abev_TreasurySharesChangeDuringThePeriodValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TreasurySharesChangeDuringThePeriodValue_lbl" xml:lang="en-US">Changes during the year, treasury shares, amount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedOutstanding" xlink:to="abev_TreasurySharesAcquiredrealizedOutstanding_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="abev_TreasurySharesAcquiredrealizedOutstanding_2_lbl" xml:lang="en-US">Balance, treasury shares acquired/realized (in shares)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedOutstandingAmount" xlink:to="abev_TreasurySharesAcquiredrealizedOutstandingAmount_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="abev_TreasurySharesAcquiredrealizedOutstandingAmount_2_lbl" xml:lang="en-US">Balance, treasury shares acquired/realized, amount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesHeld" xlink:to="abev_TreasurySharesHeld_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="abev_TreasurySharesHeld_2_lbl" xml:lang="en-US">Balance, treasury shares (in shares)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasuryShares" xlink:to="ifrs-full_TreasuryShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_TreasuryShares_2_lbl" xml:lang="en-US">Balance, treasury shares, amount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureChangesInEquityAbstract" xlink:to="abev_DisclosureChangesInEquityAbstract_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="abev_DisclosureChangesInEquityAbstract_3_lbl" xml:lang="en-US">Changes In Equity - Interest On Shareholders Equity Dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestOnShareholdersEquityDividendsAmountPerShare" xlink:label="abev_InterestOnShareholdersEquityDividendsAmountPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDividendsAmountPerShare" xlink:to="abev_InterestOnShareholdersEquityDividendsAmountPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestOnShareholdersEquityDividendsAmountPerShare_lbl" xml:lang="en-US">Amount per share, dividends (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestOnShareholdersEquityDividendsAmount" xlink:label="abev_InterestOnShareholdersEquityDividendsAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDividendsAmount" xlink:to="abev_InterestOnShareholdersEquityDividendsAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestOnShareholdersEquityDividendsAmount_lbl" xml:lang="en-US">Amount, dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestOnShareholdersEquityDistributionAndDividendAmount" xlink:label="abev_InterestOnShareholdersEquityDistributionAndDividendAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDistributionAndDividendAmount" xlink:to="abev_InterestOnShareholdersEquityDistributionAndDividendAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestOnShareholdersEquityDistributionAndDividendAmount_lbl" xml:lang="en-US">Total amount</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestOnShareholdersEquityDistributionAmount_lbl" xml:lang="en-US">Amount, distribution</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" xlink:label="abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_lbl" xml:lang="en-US">Options granted on subsidiaries</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners_2_lbl" xml:lang="en-US">Gains/(losses) on controlling interest</link:label>
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageShares" xlink:label="ifrs-full_WeightedAverageShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US">Weighted average number of shares at December 31&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:label="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl" xml:lang="en-US">Effect of shares options</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustedWeightedAverageShares" xlink:label="ifrs-full_AdjustedWeightedAverageShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustedWeightedAverageShares" xlink:to="ifrs-full_AdjustedWeightedAverageShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustedWeightedAverageShares_lbl" xml:lang="en-US">Weighted average number of shares (diluted) at December 31</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US">Income attributable to the equity holders of Ambev&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_WeightedAverageShares_2_lbl" xml:lang="en-US">&#160;Weighted average number of shares (non diluted)</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BasicEarningsLossPerShare_2_lbl" xml:lang="en-US">&#160;Basic EPS&#160;&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdjustedWeightedAverageShares1" xlink:label="abev_AdjustedWeightedAverageShares1" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdjustedWeightedAverageShares1_lbl" xml:lang="en-US">&#160;Weighted average numbers of shares (diluted)&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DilutedEarningsLossPerShare_2_lbl" xml:lang="en-US">&#160;Diluted EPS&#160;&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_2_lbl" xml:lang="en-US">Net income, attributable to equity holders of Ambev</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PrescribedDividends" xlink:label="abev_PrescribedDividends" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PrescribedDividends" xlink:to="abev_PrescribedDividends_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_PrescribedDividends_lbl" xml:lang="en-US">Prescribed/(complementary) dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement" xlink:label="abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement" xlink:to="abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_lbl" xml:lang="en-US">Effect of application of IAS 29 (hyperinflation)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RetainedEarningsBasisForDividendsAndDestinations" xlink:label="abev_RetainedEarningsBasisForDividendsAndDestinations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RetainedEarningsBasisForDividendsAndDestinations" xlink:to="abev_RetainedEarningsBasisForDividendsAndDestinations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RetainedEarningsBasisForDividendsAndDestinations_lbl" xml:lang="en-US">Retained earnings basis for dividends and destinations</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DividendsAndInterestOnCapitalPaidBasedOnProfit" xlink:label="abev_DividendsAndInterestOnCapitalPaidBasedOnProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DividendsAndInterestOnCapitalPaidBasedOnProfit" xlink:to="abev_DividendsAndInterestOnCapitalPaidBasedOnProfit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DividendsAndInterestOnCapitalPaidBasedOnProfit_lbl" xml:lang="en-US">Dividends and interest on capital paid based on profit</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalOfDividendsAndInterestOnCapital" xlink:label="abev_TotalOfDividendsAndInterestOnCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalOfDividendsAndInterestOnCapital" xlink:to="abev_TotalOfDividendsAndInterestOnCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="abev_TotalOfDividendsAndInterestOnCapital_lbl" xml:lang="en-US">Total of dividends and interest on capital&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DividendPercentageOfNetIncome" xlink:label="abev_DividendPercentageOfNetIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DividendPercentageOfNetIncome" xlink:to="abev_DividendPercentageOfNetIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DividendPercentageOfNetIncome_lbl" xml:lang="en-US">Percentage of distributed profit</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_2_lbl" xml:lang="en-US">Adjustments for share-based payments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InvestmentReserveLimitPercentageOfNetIncome" xlink:label="abev_InvestmentReserveLimitPercentageOfNetIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InvestmentReserveLimitPercentageOfNetIncome" xlink:to="abev_InvestmentReserveLimitPercentageOfNetIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InvestmentReserveLimitPercentageOfNetIncome_lbl" xml:lang="en-US">Investment reserve limit percentage of net income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StatutoryReserveLimitPercentageOfNetIncome" xlink:label="abev_StatutoryReserveLimitPercentageOfNetIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatutoryReserveLimitPercentageOfNetIncome" xlink:to="abev_StatutoryReserveLimitPercentageOfNetIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StatutoryReserveLimitPercentageOfNetIncome_lbl" xml:lang="en-US">Statutory reserve limit percentage of net income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StatutoryReserveLimitOfCapitalStock" xlink:label="abev_StatutoryReserveLimitOfCapitalStock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatutoryReserveLimitOfCapitalStock" xlink:to="abev_StatutoryReserveLimitOfCapitalStock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StatutoryReserveLimitOfCapitalStock_lbl" xml:lang="en-US">Statutory reserve limit of capital stock</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock" xlink:label="abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock" xlink:to="abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock_lbl" xml:lang="en-US">Statutory reserve supplementation cutoff percentage related to capital stock</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_MinimumMandatoryDividend" xlink:label="abev_MinimumMandatoryDividend" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MinimumMandatoryDividend" xlink:to="abev_MinimumMandatoryDividend_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_MinimumMandatoryDividend_lbl" xml:lang="en-US">Minimum mandatory dividend</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestOnShareholdersEquityDistribution" xlink:label="abev_InterestOnShareholdersEquityDistribution" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDistribution" xlink:to="abev_InterestOnShareholdersEquityDistribution_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestOnShareholdersEquityDistribution_lbl" xml:lang="en-US">Interest on shareholders equity distribution</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InterestOnShareholdersEquityDividendsAmountPerShare1" xlink:label="abev_InterestOnShareholdersEquityDividendsAmountPerShare1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDividendsAmountPerShare1" xlink:to="abev_InterestOnShareholdersEquityDividendsAmountPerShare1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InterestOnShareholdersEquityDividendsAmountPerShare1_lbl" xml:lang="en-US">Interest on shareholders equity dividends amount per share1</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans_lbl" xml:lang="en-US">Actuarial loss</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_lbl" xml:lang="en-US">Disclosure of fair value measurement of liabilities [table]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LongtermBorrowings_2_lbl" xml:lang="en-US">Interest-bearing loans and borrowings, noncurrent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_2_lbl" xml:lang="en-US">Interest-bearing loans and borrowings, current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="ifrs-full_BorrowingsInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BorrowingsInterestRate_lbl" xml:lang="en-US">Average rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentPortionOfLongtermBorrowings_lbl" xml:lang="en-US">Interest-bearing loans and borrowings, current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestBearingLoansAndBorrowingAbstract" xlink:to="abev_InterestBearingLoansAndBorrowingAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_InterestBearingLoansAndBorrowingAbstract_2_lbl" xml:lang="en-US">Interest-bearing Loans And Borrowing - Reconciliation Of Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_3_lbl" xml:lang="en-US">Balance, current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_LongtermBorrowings_3_lbl" xml:lang="en-US">Balance, non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProceedsFromCurrentBorrowings" xlink:label="ifrs-full_ProceedsFromCurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromCurrentBorrowings" xlink:to="ifrs-full_ProceedsFromCurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromCurrentBorrowings_lbl" xml:lang="en-US">Proceeds, current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:label="ifrs-full_ProceedsFromNoncurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromNoncurrentBorrowings" xlink:to="ifrs-full_ProceedsFromNoncurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromNoncurrentBorrowings_lbl" xml:lang="en-US">Proceeds, non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RepaymentsOfCurrentBorrowings" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfCurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfCurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings_lbl" xml:lang="en-US">Payments, current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfNoncurrentBorrowings_lbl" xml:lang="en-US">Payments, non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ForeignExchangeEffectOnCurrentBorrowings" xlink:label="abev_ForeignExchangeEffectOnCurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignExchangeEffectOnCurrentBorrowings" xlink:to="abev_ForeignExchangeEffectOnCurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ForeignExchangeEffectOnCurrentBorrowings_lbl" xml:lang="en-US">Foreign exchange, current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ForeignExchangeEffectOnNoncurrentBorrowings" xlink:label="abev_ForeignExchangeEffectOnNoncurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignExchangeEffectOnNoncurrentBorrowings" xlink:to="abev_ForeignExchangeEffectOnNoncurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ForeignExchangeEffectOnNoncurrentBorrowings_lbl" xml:lang="en-US">Foreign exchange, non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TransferBetweenCurrentAndNoncurrentCurrent" xlink:label="abev_TransferBetweenCurrentAndNoncurrentCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TransferBetweenCurrentAndNoncurrentCurrent" xlink:to="abev_TransferBetweenCurrentAndNoncurrentCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TransferBetweenCurrentAndNoncurrentCurrent_lbl" xml:lang="en-US">Transfers between current and non-current, current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TransferBetweenCurrentAndNoncurrentNoncurrent" xlink:label="abev_TransferBetweenCurrentAndNoncurrentNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TransferBetweenCurrentAndNoncurrentNoncurrent" xlink:to="abev_TransferBetweenCurrentAndNoncurrentNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TransferBetweenCurrentAndNoncurrentNoncurrent_lbl" xml:lang="en-US">Transfers between current and non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdditionsToLeaseLiabilityCurrent" xlink:label="abev_AdditionsToLeaseLiabilityCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionsToLeaseLiabilityCurrent" xlink:to="abev_AdditionsToLeaseLiabilityCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdditionsToLeaseLiabilityCurrent_lbl" xml:lang="en-US">New lease agreements, current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdditionsToLeaseLiabilityNoncurrent" xlink:label="abev_AdditionsToLeaseLiabilityNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionsToLeaseLiabilityNoncurrent" xlink:to="abev_AdditionsToLeaseLiabilityNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdditionsToLeaseLiabilityNoncurrent_lbl" xml:lang="en-US">New lease agreements, non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xml:lang="en-US">Interest on leases</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Payment of lease liabilities, current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherMovementsCurrent" xlink:label="abev_OtherMovementsCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherMovementsCurrent" xlink:to="abev_OtherMovementsCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherMovementsCurrent_lbl" xml:lang="en-US">Other movements, current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherMovementsNoncurrent" xlink:label="abev_OtherMovementsNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherMovementsNoncurrent" xlink:to="abev_OtherMovementsNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherMovementsNoncurrent_lbl" xml:lang="en-US">Other movements, non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DefinedBenefitObligationFundedPortionAtPresentValue" xlink:label="abev_DefinedBenefitObligationFundedPortionAtPresentValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DefinedBenefitObligationFundedPortionAtPresentValue" xlink:to="abev_DefinedBenefitObligationFundedPortionAtPresentValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_DefinedBenefitObligationFundedPortionAtPresentValue_lbl" xml:lang="en-US">Present value of funded obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="ifrs-full_PlanAssetsAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PlanAssetsAtFairValue" xlink:to="ifrs-full_PlanAssetsAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PlanAssetsAtFairValue_lbl" xml:lang="en-US">Fair value of plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_SurplusDeficitInPlan" xlink:label="ifrs-full_SurplusDeficitInPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SurplusDeficitInPlan" xlink:to="ifrs-full_SurplusDeficitInPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SurplusDeficitInPlan_lbl" xml:lang="en-US">Present value of net obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DefinedBenefitObligationUnfundedPortionAtPresentValue" xlink:label="abev_DefinedBenefitObligationUnfundedPortionAtPresentValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DefinedBenefitObligationUnfundedPortionAtPresentValue" xlink:to="abev_DefinedBenefitObligationUnfundedPortionAtPresentValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_DefinedBenefitObligationUnfundedPortionAtPresentValue_lbl" xml:lang="en-US">Present value of unfunded obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl" xml:lang="en-US">Present value of net obligations&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AssetCeiling" xlink:label="abev_AssetCeiling" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AssetCeiling" xlink:to="abev_AssetCeiling_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_AssetCeiling_lbl" xml:lang="en-US">Asset ceiling</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan" xlink:label="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan" xlink:to="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan_lbl" xml:lang="en-US">Net liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherLongTermEmployeeBenefitLiabilities" xlink:label="abev_OtherLongTermEmployeeBenefitLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherLongTermEmployeeBenefitLiabilities" xlink:to="abev_OtherLongTermEmployeeBenefitLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_OtherLongTermEmployeeBenefitLiabilities_lbl" xml:lang="en-US">Other long term employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xml:lang="en-US">Net liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_2_lbl" xml:lang="en-US">Total employee benefit</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" xlink:label="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" xlink:to="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable_lbl" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [table]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_3_lbl" xml:lang="en-US">Defined benefit obligation at January 1</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Service costs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Interest costs</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GainsLossesOnSettlementAndCurtailment" xlink:label="abev_GainsLossesOnSettlementAndCurtailment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesOnSettlementAndCurtailment" xlink:to="abev_GainsLossesOnSettlementAndCurtailment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GainsLossesOnSettlementAndCurtailment_lbl" xml:lang="en-US">Gains and (losses) on settlements or reductions in benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Contributions by plan participants</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Actuarial gains and (losses) - geographical assumptions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Actuarial gains and (losses) - financial assumptions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Experience adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Reclassifications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Effect of exchange rate fluctuations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Benefits paid</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_4_lbl" xml:lang="en-US">Defined benefit obligation at December, 31</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset" xlink:label="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset" xlink:to="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Administrative costs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Expected return, excluding interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Contributions by employer</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Exchange differences</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_IncreaseDecreaseInPlanAssetsFromTransfers" xlink:label="abev_IncreaseDecreaseInPlanAssetsFromTransfers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseInPlanAssetsFromTransfers" xlink:to="abev_IncreaseDecreaseInPlanAssetsFromTransfers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_IncreaseDecreaseInPlanAssetsFromTransfers_lbl" xml:lang="en-US">Transfers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Curtailments, settlements and other</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Benefits paid, excluding administrative costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_3_lbl" xml:lang="en-US">Interest income/(expenses)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:label="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:to="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_lbl" xml:lang="en-US">Change in asset ceiling excluding amounts included in interest income/(expenses)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_3_lbl" xml:lang="en-US">Effects of exchange rate fluctuations&#160;&#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsAbstract" xlink:to="abev_EmployeeBenefitsAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_EmployeeBenefitsAbstract_2_lbl" xml:lang="en-US">Employee Benefits - Defined Benefit Plans Recognized In Income Statement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Current service costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset" xlink:to="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Administrative costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">(Gains) losses on settlement and curtailment</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Income from operations</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DefinedBenefitPlansRecognizedFinancialCosts" xlink:label="abev_DefinedBenefitPlansRecognizedFinancialCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DefinedBenefitPlansRecognizedFinancialCosts" xlink:to="abev_DefinedBenefitPlansRecognizedFinancialCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="abev_DefinedBenefitPlansRecognizedFinancialCosts_lbl" xml:lang="en-US">Financial costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_2_lbl" xml:lang="en-US">Total employee benefit expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" xlink:label="abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" xlink:to="abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_lbl" xml:lang="en-US">employee benefit revenue/(expenses)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:to="ifrs-full_ActuarialAssumptionOfDiscountRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRates_lbl" xml:lang="en-US">Discount rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_lbl" xml:lang="en-US">Inflation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_lbl" xml:lang="en-US">Future salary increases</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases_lbl" xml:lang="en-US">Future pension increases</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:label="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:to="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_lbl" xml:lang="en-US">Medical cost trend rate</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ActuarialAssumptionOfDentalClaimsCostTrendRates" xlink:label="abev_ActuarialAssumptionOfDentalClaimsCostTrendRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActuarialAssumptionOfDentalClaimsCostTrendRates" xlink:to="abev_ActuarialAssumptionOfDentalClaimsCostTrendRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ActuarialAssumptionOfDentalClaimsCostTrendRates_lbl" xml:lang="en-US">Dental claims trend rate</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge" xlink:label="abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge" xlink:to="abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_lbl" xml:lang="en-US">Life expectancy for an over 65 years old male</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge" xlink:label="abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge" xlink:to="abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_lbl" xml:lang="en-US">Increase in assumption</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_lbl" xml:lang="en-US">Decrease in assumption</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:label="abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption_lbl" xml:lang="en-US">Change in assumption, year</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:label="abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_lbl" xml:lang="en-US">Plan assets percentage, rated</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:label="abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:to="abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_lbl" xml:lang="en-US">Plan assets percentage, unrated</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:label="abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:to="abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage_lbl" xml:lang="en-US">Plan assets percentage</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:to="ifrs-full_DisclosureOfDefinedBenefitPlansTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansTable_lbl" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans" xlink:to="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans_2_lbl" xml:lang="en-US">Post-employment benefit expense, defined contribution plans</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_2_lbl" xml:lang="en-US">Defined benefit obligation, at present value</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets excluding interest income or expense</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan" xlink:label="abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan" xlink:to="abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_lbl" xml:lang="en-US">Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:label="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:to="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan_lbl" xml:lang="en-US">Estimate OfContributions Expected To Be Paid To Plan</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ShareBasedPaymentsAbstract" xlink:to="abev_ShareBasedPaymentsAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_ShareBasedPaymentsAbstract_2_lbl" xml:lang="en-US">Share-based Payments - Weighted Average Fair Value</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare" xlink:label="abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare" xlink:to="abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare_lbl" xml:lang="en-US">Fair value of options granted</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare" xlink:label="abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare" xlink:to="abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare_lbl" xml:lang="en-US">Share price (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ExercisePriceShareOptionsGrantedExercisePricePerShare" xlink:label="abev_ExercisePriceShareOptionsGrantedExercisePricePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExercisePriceShareOptionsGrantedExercisePricePerShare" xlink:to="abev_ExercisePriceShareOptionsGrantedExercisePricePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ExercisePriceShareOptionsGrantedExercisePricePerShare_lbl" xml:lang="en-US">Exercise price (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted_lbl" xml:lang="en-US">Expected volatility</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:label="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_lbl" xml:lang="en-US">Vesting year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted" xlink:to="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted_lbl" xml:lang="en-US">Expected dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted_lbl" xml:lang="en-US">Risk-free interest rate</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ShareBasedPaymentsAbstract" xlink:to="abev_ShareBasedPaymentsAbstract_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="abev_ShareBasedPaymentsAbstract_3_lbl" xml:lang="en-US">Share-based Payments - Outstanding Options</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NumberOfOutstandingShareOptions1" xlink:label="abev_NumberOfOutstandingShareOptions1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfOutstandingShareOptions1" xlink:to="abev_NumberOfOutstandingShareOptions1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="abev_NumberOfOutstandingShareOptions1_lbl" xml:lang="en-US">Options outstanding at January 1</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1" xlink:label="abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1" xlink:to="abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1_lbl" xml:lang="en-US">Options issued during the period</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1" xlink:label="abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1" xlink:to="abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_lbl" xml:lang="en-US">Options exercised during the period</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1" xlink:label="abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1" xlink:to="abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_lbl" xml:lang="en-US">Options forfeited during the period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfOutstandingShareOptions1" xlink:to="abev_NumberOfOutstandingShareOptions1_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="abev_NumberOfOutstandingShareOptions1_2_lbl" xml:lang="en-US">Options outstanding at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Options outstanding at January 1, weighted average exercise price (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Options issued during the period, weighted average exercise price (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Options forfeited during the period, weighted average exercise price (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Options exercised during the period, weighted average exercise price (in BRL per share)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_2_lbl" xml:lang="en-US">Options outstanding at ended period, weighted average exercise price (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_lbl" xml:lang="en-US">Options exercisable at ended period, weighted average exercise price (in BRL per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:to="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_lbl" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" xlink:label="abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" xlink:to="abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_lbl" xml:lang="en-US">Deferred shares outstanding at January</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" xlink:label="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" xlink:to="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">New shares during the period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:label="ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:to="ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_lbl" xml:lang="en-US">Shares granted during the period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement" xlink:to="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Shares forfeited during the period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1" xlink:to="abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_2_lbl" xml:lang="en-US">Deferred shares outstanding at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne_lbl" xml:lang="en-US">Profit allocation, share-based payments, allocation option one</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo_lbl" xml:lang="en-US">Profit allocation, share-based payments, allocation option two</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree_lbl" xml:lang="en-US">Profit allocation, share-based payments, allocation option three</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour_lbl" xml:lang="en-US">Profit allocation, share-based payments, allocation option four</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted" xlink:to="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DescriptionOfOptionLifeShareOptionsGranted_2_lbl" xml:lang="en-US">Option life, share options granted</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ExercisePricesOfTheOutstandingOptions" xlink:label="abev_ExercisePricesOfTheOutstandingOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExercisePricesOfTheOutstandingOptions" xlink:to="abev_ExercisePricesOfTheOutstandingOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ExercisePricesOfTheOutstandingOptions_lbl" xml:lang="en-US">Exercise prices of the outstanding options</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019" xlink:to="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_lbl" xml:lang="en-US">Weighted average remaining contractual life of outstanding share options (Year)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NumberOfOutstandingShareOptions" xlink:label="ifrs-full_NumberOfOutstandingShareOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfOutstandingShareOptions" xlink:to="ifrs-full_NumberOfOutstandingShareOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfOutstandingShareOptions_lbl" xml:lang="en-US">Number of share options outstanding in share-based payment arrangement at end of period</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement" xlink:label="abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement" xlink:to="abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Number of share options vested in share-based payment arrangement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019" xlink:to="ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_lbl" xml:lang="en-US">Weighted average share price for share options in share-based payment arrangement exercised during period at date of exercise</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" xlink:to="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_2_lbl" xml:lang="en-US">Number of other new equity instruments introduced in share-based payment arrangement</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" xlink:label="abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" xlink:to="abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_lbl" xml:lang="en-US">Fair value of other equity instruments granted in share-based payment arrangement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:to="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_2_lbl" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradePayablesAbstract" xlink:to="abev_TradePayablesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_TradePayablesAbstract_2_lbl" xml:lang="en-US">Trade Payables - Components Of Trade Payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentPayablesToTradeSuppliers" xlink:label="ifrs-full_NoncurrentPayablesToTradeSuppliers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayablesToTradeSuppliers" xlink:to="ifrs-full_NoncurrentPayablesToTradeSuppliers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentPayablesToTradeSuppliers_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties_lbl" xml:lang="en-US">Related parties (Note 31)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayables" xlink:to="ifrs-full_NoncurrentPayables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentPayables_2_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NoncurrentPayablesToRelatedParties" xlink:label="ifrs-full_NoncurrentPayablesToRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayablesToRelatedParties" xlink:to="ifrs-full_NoncurrentPayablesToRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentPayablesToRelatedParties_lbl" xml:lang="en-US">Related parties (Note 31)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_2_lbl" xml:lang="en-US">Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="ifrs-full_TradeAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NominalContractualAmountsIncludingInterest" xlink:label="abev_NominalContractualAmountsIncludingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NominalContractualAmountsIncludingInterest" xlink:to="abev_NominalContractualAmountsIncludingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NominalContractualAmountsIncludingInterest_lbl" xml:lang="en-US">Nominal contractual amounts, including interest</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradeAndOtherPayables1" xlink:label="abev_TradeAndOtherPayables1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradeAndOtherPayables1" xlink:to="abev_TradeAndOtherPayables1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TradeAndOtherPayables1_lbl" xml:lang="en-US">Trade payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Provisions" xlink:label="ifrs-full_Provisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Provisions_lbl" xml:lang="en-US">Balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_2_lbl" xml:lang="en-US">Effect of changes in foreign</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdditionalProvisionsOtherProvisions" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="ifrs-full_AdditionalProvisionsOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions_lbl" xml:lang="en-US">Additions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionUsedOtherProvisions" xlink:to="ifrs-full_ProvisionUsedOtherProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProvisionUsedOtherProvisions_2_lbl" xml:lang="en-US">Provisions used</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ProvisionReversedOtherProvisions" xlink:label="abev_ProvisionReversedOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProvisionReversedOtherProvisions" xlink:to="abev_ProvisionReversedOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ProvisionReversedOtherProvisions_lbl" xml:lang="en-US">Provisions reversed</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Provisions_2_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_lbl" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NotionalAmount1" xlink:label="abev_NotionalAmount1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NotionalAmount1" xlink:to="abev_NotionalAmount1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NotionalAmount1_lbl" xml:lang="en-US">Notional</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" xlink:label="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" xlink:to="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets_lbl" xml:lang="en-US">Fair Value Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_MaximumExposureToCreditRiskOfFinancialLiabilities" xlink:label="abev_MaximumExposureToCreditRiskOfFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MaximumExposureToCreditRiskOfFinancialLiabilities" xlink:to="abev_MaximumExposureToCreditRiskOfFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_MaximumExposureToCreditRiskOfFinancialLiabilities_lbl" xml:lang="en-US">Fair Value Liability</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GainsLossesRecordedInFinancialResults" xlink:label="abev_GainsLossesRecordedInFinancialResults" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesRecordedInFinancialResults" xlink:to="abev_GainsLossesRecordedInFinancialResults_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GainsLossesRecordedInFinancialResults_lbl" xml:lang="en-US">Gain (loss) Finance Result</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GainsLossesFromOperationalResults" xlink:label="abev_GainsLossesFromOperationalResults" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesFromOperationalResults" xlink:to="abev_GainsLossesFromOperationalResults_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GainsLossesFromOperationalResults_lbl" xml:lang="en-US">Gain (loss) Operational Result</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GainsLossesRecordedInEquity" xlink:label="abev_GainsLossesRecordedInEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesRecordedInEquity" xlink:to="abev_GainsLossesRecordedInEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GainsLossesRecordedInEquity_lbl" xml:lang="en-US">Gain (loss) Equity</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PostfixedInterestRatePrehedged" xlink:label="abev_PostfixedInterestRatePrehedged" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PostfixedInterestRatePrehedged" xlink:to="abev_PostfixedInterestRatePrehedged_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PostfixedInterestRatePrehedged_lbl" xml:lang="en-US">Pre-hedge, post-fixed interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PostfixedInterestPrehedgedValue" xlink:label="abev_PostfixedInterestPrehedgedValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PostfixedInterestPrehedgedValue" xlink:to="abev_PostfixedInterestPrehedgedValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PostfixedInterestPrehedgedValue_lbl" xml:lang="en-US">Pre-hedge, post-fixed interest rate, amount</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PresetInterestRatePrehedged" xlink:label="abev_PresetInterestRatePrehedged" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PresetInterestRatePrehedged" xlink:to="abev_PresetInterestRatePrehedged_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PresetInterestRatePrehedged_lbl" xml:lang="en-US">Pre-hedge, pre-fixed interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PresetInterestPrehedgedValue" xlink:label="abev_PresetInterestPrehedgedValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PresetInterestPrehedgedValue" xlink:to="abev_PresetInterestPrehedgedValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PresetInterestPrehedgedValue_lbl" xml:lang="en-US">Pre-hedge, pre-fixed interest rate, amount</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfHedgeAccountingTable" xlink:label="ifrs-full_DisclosureOfHedgeAccountingTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfHedgeAccountingTable" xlink:to="ifrs-full_DisclosureOfHedgeAccountingTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfHedgeAccountingTable_lbl" xml:lang="en-US">Disclosure of detailed information about hedges [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:label="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_lbl" xml:lang="en-US">Fair value of hedging instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" xlink:to="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_lbl" xml:lang="en-US">Sensitivity value level, probable scenario</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" xlink:to="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_lbl" xml:lang="en-US">Sensitivity value level, adverse scenario</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" xlink:to="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_lbl" xml:lang="en-US">Sensitivity value level, remote scenario</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" xlink:label="abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" xlink:to="abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_lbl" xml:lang="en-US">Fair value of hedging instrument transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis" xlink:to="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis_lbl" xml:lang="en-US">Fair value of hedges and transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_NotionalAmount" xlink:label="ifrs-full_NotionalAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotionalAmount_lbl" xml:lang="en-US">Notional value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialAssetsAtFairValue" xlink:label="ifrs-full_FinancialAssetsAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xml:lang="en-US">Fair Value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Borrowings" xlink:label="ifrs-full_Borrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Borrowings_lbl" xml:lang="en-US">Carrying amount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NotionalAmount_2_lbl" xml:lang="en-US">Contractual cash flows</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFinancialAssetsTable" xlink:label="ifrs-full_DisclosureOfFinancialAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsTable" xlink:to="ifrs-full_DisclosureOfFinancialAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialAssetsTable_lbl" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialAssets" xlink:label="ifrs-full_FinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssets_lbl" xml:lang="en-US">Financial asset</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialLiabilities" xlink:label="ifrs-full_FinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US">Financial liability</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Financial asset at fair value through profit and loss</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges" xlink:label="abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges" xlink:to="abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges_lbl" xml:lang="en-US">Derivatives - operational hedge</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValue_2_lbl" xml:lang="en-US">&#160;Total</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Financial liabilities at fair value through profit and loss</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" xlink:label="abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" xlink:to="abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_lbl" xml:lang="en-US">Derivatives - operational hedge</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xml:lang="en-US">&#160;Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_FinancialLiabilities_2_lbl" xml:lang="en-US">Financial liabilities balance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PurchasesFairValueMeasurementLiabilities" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesFairValueMeasurementLiabilities" xlink:to="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchasesFairValueMeasurementLiabilities_lbl" xml:lang="en-US">Acquisition of investments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities" xlink:label="abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities" xlink:to="abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_lbl" xml:lang="en-US">Total gains and losses during the period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities" xlink:to="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_lbl" xml:lang="en-US">Losses/(gains) recognized in net income</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities" xlink:label="abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities" xlink:to="abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities_lbl" xml:lang="en-US">Losses/(gains) recognized in equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_FinancialLiabilities_3_lbl" xml:lang="en-US">Financial liabilities balance</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ValueAtRiskExposureProbable" xlink:label="abev_ValueAtRiskExposureProbable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAtRiskExposureProbable" xlink:to="abev_ValueAtRiskExposureProbable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ValueAtRiskExposureProbable_lbl" xml:lang="en-US">Value at risk exposure, probable</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ValueAtRiskAdverseScenarioDeteriorationPercentage" xlink:label="abev_ValueAtRiskAdverseScenarioDeteriorationPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAtRiskAdverseScenarioDeteriorationPercentage" xlink:to="abev_ValueAtRiskAdverseScenarioDeteriorationPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ValueAtRiskAdverseScenarioDeteriorationPercentage_lbl" xml:lang="en-US">Value at risk, adverse scenario, deterioration percentage</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ValueAtRiskRemoteScenarioDeteriorationPercentage" xlink:label="abev_ValueAtRiskRemoteScenarioDeteriorationPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAtRiskRemoteScenarioDeteriorationPercentage" xlink:to="abev_ValueAtRiskRemoteScenarioDeteriorationPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ValueAtRiskRemoteScenarioDeteriorationPercentage_lbl" xml:lang="en-US">Value at risk, remote scenario, deterioration percentage</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Total gains (losses) on financial assets at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PutOptionsFairValue" xlink:label="abev_PutOptionsFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PutOptionsFairValue" xlink:to="abev_PutOptionsFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PutOptionsFairValue_lbl" xml:lang="en-US">Put options, fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments" xlink:label="abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments" xlink:to="abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments_lbl" xml:lang="en-US">Instruments sharing characteristic, highly liquid investments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract" xlink:to="abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract_2_lbl" xml:lang="en-US">Collateral And Contractual Commitments With Suppliers Advances From Customers And Others - Components Of Collateral And Commitments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" xlink:label="ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue" xlink:to="ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_lbl" xml:lang="en-US">Collateral held permitted to be sold or repledged in absence of default by owner of collateral, at fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherCommitmentsHeld" xlink:label="abev_OtherCommitmentsHeld" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherCommitmentsHeld" xlink:to="abev_OtherCommitmentsHeld_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherCommitmentsHeld_lbl" xml:lang="en-US">Other commitments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CollateralAndOtherCommitments" xlink:label="abev_CollateralAndOtherCommitments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CollateralAndOtherCommitments" xlink:to="abev_CollateralAndOtherCommitments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_CollateralAndOtherCommitments_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CommitmentsWithSuppliers" xlink:label="abev_CommitmentsWithSuppliers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommitmentsWithSuppliers" xlink:to="abev_CommitmentsWithSuppliers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CommitmentsWithSuppliers_lbl" xml:lang="en-US">Commitments to suppliers</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TotalExposureLiabilities" xlink:label="abev_TotalExposureLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalExposureLiabilities" xlink:to="abev_TotalExposureLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_TotalExposureLiabilities_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalExposureLiabilities" xlink:to="abev_TotalExposureLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TotalExposureLiabilities_2_lbl" xml:lang="en-US">Future contractual commitments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CollateralAndOtherCommitments" xlink:to="abev_CollateralAndOtherCommitments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CollateralAndOtherCommitments_2_lbl" xml:lang="en-US">Collateral and other commitments</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_CashGuarantees" xlink:label="abev_CashGuarantees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CashGuarantees" xlink:to="abev_CashGuarantees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CashGuarantees_lbl" xml:lang="en-US">Cash guarantees</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_GuaranteesHeldForDerivativeInstruments" xlink:label="abev_GuaranteesHeldForDerivativeInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GuaranteesHeldForDerivativeInstruments" xlink:to="abev_GuaranteesHeldForDerivativeInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_GuaranteesHeldForDerivativeInstruments_lbl" xml:lang="en-US">Guarantees held for derivative instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:to="ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_lbl" xml:lang="en-US">Disclosure of contingent liabilities in business combination [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:to="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_lbl" xml:lang="en-US">Estimates of amounts of possible losses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities" xlink:to="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentLiabilities_2_lbl" xml:lang="en-US">Estimated financial effect of contingent liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement" xlink:label="abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement" xlink:to="abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement_lbl" xml:lang="en-US">abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Provisions_3_lbl" xml:lang="en-US">Total provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_RecoverableTaxCredits" xlink:label="abev_RecoverableTaxCredits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCredits" xlink:to="abev_RecoverableTaxCredits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_RecoverableTaxCredits_lbl" xml:lang="en-US">Recoverable tax credits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_EstimatedFinancialEffectOfContingentAssets" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimatedFinancialEffectOfContingentAssets" xlink:to="ifrs-full_EstimatedFinancialEffectOfContingentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EstimatedFinancialEffectOfContingentAssets_lbl" xml:lang="en-US">Estimated financial effect of contingent assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RelatedPartiesAbstract" xlink:to="abev_RelatedPartiesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_RelatedPartiesAbstract_2_lbl" xml:lang="en-US">Related Parties - Expenses Related To Management Members</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" xml:lang="en-US">Short-term benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:label="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_lbl" xml:lang="en-US">Share-based payments&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="ifrs-full_KeyManagementPersonnelCompensation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_lbl" xml:lang="en-US">Total key management remuneration&#160;</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradeReceivablesRelatedPartyTransactions" xlink:label="abev_TradeReceivablesRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradeReceivablesRelatedPartyTransactions" xlink:to="abev_TradeReceivablesRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TradeReceivablesRelatedPartyTransactions_lbl" xml:lang="en-US">Trade receivables, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_OtherTradeReceivablesRelatedPartyTransactions" xlink:label="abev_OtherTradeReceivablesRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherTradeReceivablesRelatedPartyTransactions" xlink:to="abev_OtherTradeReceivablesRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_OtherTradeReceivablesRelatedPartyTransactions_lbl" xml:lang="en-US">Other trade receivables, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradePayablesRelatedPartyTransactions" xlink:label="abev_TradePayablesRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradePayablesRelatedPartyTransactions" xlink:to="abev_TradePayablesRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_TradePayablesRelatedPartyTransactions_lbl" xml:lang="en-US">Trade payables, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_TradePayablesRelatedPartyTransactions1" xlink:label="abev_TradePayablesRelatedPartyTransactions1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradePayablesRelatedPartyTransactions1" xlink:to="abev_TradePayablesRelatedPartyTransactions1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="abev_TradePayablesRelatedPartyTransactions1_lbl" xml:lang="en-US">Trade payables, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DividendsReceivablesRelatedPartyTransactions" xlink:label="abev_DividendsReceivablesRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DividendsReceivablesRelatedPartyTransactions" xlink:to="abev_DividendsReceivablesRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_DividendsReceivablesRelatedPartyTransactions_lbl" xml:lang="en-US">Dividends receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NoncurrentTradePayablesRelatedParties" xlink:label="abev_NoncurrentTradePayablesRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NoncurrentTradePayablesRelatedParties" xlink:to="abev_NoncurrentTradePayablesRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NoncurrentTradePayablesRelatedParties_lbl" xml:lang="en-US">Noncurrent trade payables, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:label="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions" xlink:to="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions_lbl" xml:lang="en-US">Sales and others, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" xlink:label="abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" xlink:to="abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_lbl" xml:lang="en-US">Sales/service fees/reimbursement of expenses and others, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:label="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:to="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_lbl" xml:lang="en-US">Buying and others, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" xlink:label="abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" xlink:to="abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_lbl" xml:lang="en-US">Buying/service fees/reimbursement of expenses and others, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetFinanceCostRelatedPartyTransactions" xlink:label="abev_NetFinanceCostRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetFinanceCostRelatedPartyTransactions" xlink:to="abev_NetFinanceCostRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_NetFinanceCostRelatedPartyTransactions_lbl" xml:lang="en-US">Net finance cost, related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PercentageOfOwnershipHeldByARelatedParty" xlink:label="abev_PercentageOfOwnershipHeldByARelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PercentageOfOwnershipHeldByARelatedParty" xlink:to="abev_PercentageOfOwnershipHeldByARelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_PercentageOfOwnershipHeldByARelatedParty_lbl" xml:lang="en-US">Percentage of ownership held by a related party</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ExpensesIncurredByARelatedParty" xlink:label="abev_ExpensesIncurredByARelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExpensesIncurredByARelatedParty" xlink:to="abev_ExpensesIncurredByARelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ExpensesIncurredByARelatedParty_lbl" xml:lang="en-US">Expenses incurred by a related party</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions" xlink:label="ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions" xlink:to="ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_lbl" xml:lang="en-US">Transfers under licence agreements from entity, related party transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions" xlink:label="ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions" xlink:to="ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_lbl" xml:lang="en-US">Transfers under licence agreements to entity, related party transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StatusOfOwnershipInterestInSubsidiary" xlink:label="abev_StatusOfOwnershipInterestInSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatusOfOwnershipInterestInSubsidiary" xlink:to="abev_StatusOfOwnershipInterestInSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_StatusOfOwnershipInterestInSubsidiary_lbl" xml:lang="en-US">Status of ownership interest in subsidiary</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies" xlink:to="abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies_doc" xml:lang="en-US">Represents the amount attributable to cumulative effect of inflation accounting and financial reporting in hyperinflationary economies</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary" xlink:to="abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary_doc" xml:lang="en-US">The amount of adjustments to equity from options granted on subsidiary.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity" xlink:to="abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_doc" xml:lang="en-US">The decrease (increase) in equity resulting from tax on fictitious dividends.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity" xlink:to="abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity_doc" xml:lang="en-US">The increase (decrease) in the entity's equity resulting from the change in the shareholder's equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting" xlink:to="abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_doc" xml:lang="en-US">The reversal effect revaluation of fixed assets under the predecessor basis accounting.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseInFiscalIncentiveReserve" xlink:to="abev_IncreaseDecreaseInFiscalIncentiveReserve_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseInFiscalIncentiveReserve_doc" xml:lang="en-US">The increase (decrease) in the fiscal incentive reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseInvestmentsReserve" xlink:to="abev_IncreaseDecreaseInvestmentsReserve_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseInvestmentsReserve_doc" xml:lang="en-US">The increase (decrease) in investments reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StockRepurchaseProgramSharesAuthorized" xlink:to="abev_StockRepurchaseProgramSharesAuthorized_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StockRepurchaseProgramSharesAuthorized_doc" xml:lang="en-US">Represents shares authorized for stock purchase program.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock" xlink:to="abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_doc" xml:lang="en-US">The percent of outstanding stock that number of exercisable shares from put options will give the holder upon exercise.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TenedoraMember" xlink:to="abev_TenedoraMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TenedoraMember_doc" xml:lang="en-US">Related to Tenedora.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TrancheAMember" xlink:to="abev_TrancheAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TrancheAMember_doc" xml:lang="en-US">RElated to tranche A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ELJMember" xlink:to="abev_ELJMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ELJMember_doc" xml:lang="en-US">Related to ELJ.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TrancheBMember" xlink:to="abev_TrancheBMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TrancheBMember_doc" xml:lang="en-US">Related to Tranche B.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MaximumTermOfEquitySwapAgreement" xlink:to="abev_MaximumTermOfEquitySwapAgreement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_MaximumTermOfEquitySwapAgreement_doc" xml:lang="en-US">The maximum term of an equity swap agreement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement" xlink:to="abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_doc" xml:lang="en-US">The maximum exposure of common shares under a equity swap agreement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CanadianDollarsSpentInCanadaAndCubaMember" xlink:to="abev_CanadianDollarsSpentInCanadaAndCubaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CanadianDollarsSpentInCanadaAndCubaMember_doc" xml:lang="en-US">Refers to information regarding Canadian Dollars spent in Canada and Cuba.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DominicanPesosSpentInTheDominicanRepublicMember" xlink:to="abev_DominicanPesosSpentInTheDominicanRepublicMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DominicanPesosSpentInTheDominicanRepublicMember_doc" xml:lang="en-US">Refers to information regarding the Dominican Pesos spent in the Dominican Republic.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BarbadianDollarSpentInBarbadosMember" xlink:to="abev_BarbadianDollarSpentInBarbadosMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BarbadianDollarSpentInBarbadosMember_doc" xml:lang="en-US">Refers to information regarding the Barbadian Dollar spent in Barbados.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChileanPesoSpentInChileMember" xlink:to="abev_ChileanPesoSpentInChileMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ChileanPesoSpentInChileMember_doc" xml:lang="en-US">Refers to information regarding the Chilean Peso spent in Chile.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UruguayanPesoSpentInUruguayMember" xlink:to="abev_UruguayanPesoSpentInUruguayMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_UruguayanPesoSpentInUruguayMember_doc" xml:lang="en-US">Refers to information regarding Uruguayan Peso spent in Uruguay.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GuaraniSpentInParaguaiMember" xlink:to="abev_GuaraniSpentInParaguaiMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GuaraniSpentInParaguaiMember_doc" xml:lang="en-US">Refers to information regarding Guarani spent in Paraguai.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsSpentInPanamaAndCubaMember" xlink:to="abev_USDollarsSpentInPanamaAndCubaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_USDollarsSpentInPanamaAndCubaMember_doc" xml:lang="en-US">Related to US dollars spent in Panama and Cuba.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BolivianPesoSpentInBoliviaMember" xlink:to="abev_BolivianPesoSpentInBoliviaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BolivianPesoSpentInBoliviaMember_doc" xml:lang="en-US">Refers to information regarding Bolivian Peso spent in Bolivia.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ArgentineanPesoSpentInArgentinaMember" xlink:to="abev_ArgentineanPesoSpentInArgentinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ArgentineanPesoSpentInArgentinaMember_doc" xml:lang="en-US">Refers to information regarding Argentinean Peso spent in Argentina.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_QuetzalSpentInGuatemalaMember" xlink:to="abev_QuetzalSpentInGuatemalaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_QuetzalSpentInGuatemalaMember_doc" xml:lang="en-US">Refers to information regarding Quetzal spent in Guatemala.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NormalizedEBITDA" xlink:to="abev_NormalizedEBITDA_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NormalizedEBITDA_doc" xml:lang="en-US">The amount recognized for normalized earnings before interest, taxes, depreciation and amortization.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NormalizedEBITDAMarginInPercentage" xlink:to="abev_NormalizedEBITDAMarginInPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NormalizedEBITDAMarginInPercentage_doc" xml:lang="en-US">The percentage of the normalized earning before before interest, taxes, depreciation and amortization.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SalesDiscounts" xlink:to="abev_SalesDiscounts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_SalesDiscounts_doc" xml:lang="en-US">The amount of the sales discounts recorded during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExtemporaneousCreditsDebits" xlink:to="abev_ExtemporaneousCreditsDebits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ExtemporaneousCreditsDebits_doc" xml:lang="en-US">The amount of extemporaneous credits (debits).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherPortionsOfOtherOperatingIncomeExpense" xlink:to="abev_OtherPortionsOfOtherOperatingIncomeExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherPortionsOfOtherOperatingIncomeExpense_doc" xml:lang="en-US">The amount of other operating income (expense) that the entity does not separately disclose in the same statement or note.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BusinessCombinationsCosts" xlink:to="abev_BusinessCombinationsCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BusinessCombinationsCosts_doc" xml:lang="en-US">The amount of business combination associated costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Covid19ImpactExpense" xlink:to="abev_Covid19ImpactExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Covid19ImpactExpense_doc" xml:lang="en-US">The amount of expense from the impact of COVID-19.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DistributionAgreement" xlink:to="abev_DistributionAgreement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DistributionAgreement_doc" xml:lang="en-US">Represents distribution agreement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProductRecallExpense" xlink:to="abev_ProductRecallExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ProductRecallExpense_doc" xml:lang="en-US">The amount of expense from product recalls.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseCostOfSales" xlink:to="abev_EmployeeBenefitsExpenseCostOfSales_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsExpenseCostOfSales_doc" xml:lang="en-US">The portion of employee benefits expense allocated to cost of sales.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseDistributionExpenses" xlink:to="abev_EmployeeBenefitsExpenseDistributionExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsExpenseDistributionExpenses_doc" xml:lang="en-US">The portion of employee benefits expense allocated to distribution expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses" xlink:to="abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses_doc" xml:lang="en-US">The portion of employee benefits expense allocated to sales and marketing expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseAdministrativeExpenses" xlink:to="abev_EmployeeBenefitsExpenseAdministrativeExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsExpenseAdministrativeExpenses_doc" xml:lang="en-US">The portion of employee benefits expense allocated to administrative expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseNetFinanceCosts" xlink:to="abev_EmployeeBenefitsExpenseNetFinanceCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsExpenseNetFinanceCosts_doc" xml:lang="en-US">The portion of employee benefits expense allocated to net finance costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense" xlink:to="abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense_doc" xml:lang="en-US">The amount of other income (expense) for employee benefits expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsExpenseExceptionalItems" xlink:to="abev_EmployeeBenefitsExpenseExceptionalItems_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsExpenseExceptionalItems_doc" xml:lang="en-US">The portion of employee benefits expense allocated to exceptional items.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseCostOfSales" xlink:to="abev_DepreciationExpenseCostOfSales_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DepreciationExpenseCostOfSales_doc" xml:lang="en-US">The amount of depreciation expense allocated to cost of sales. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseCostOfSales" xlink:to="abev_AmortisationExpenseCostOfSales_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmortisationExpenseCostOfSales_doc" xml:lang="en-US">The amount of amortisation expense allocated to cost of sales. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseDistributionExpenses" xlink:to="abev_DepreciationExpenseDistributionExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DepreciationExpenseDistributionExpenses_doc" xml:lang="en-US">The amount of depreciation expense allocated to distribution expenses. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseDistributionExpenses" xlink:to="abev_AmortisationExpenseDistributionExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmortisationExpenseDistributionExpenses_doc" xml:lang="en-US">The amount of amortisation expense allocated to distribution expenses. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseSalesAndMarketingExpenses" xlink:to="abev_DepreciationExpenseSalesAndMarketingExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DepreciationExpenseSalesAndMarketingExpenses_doc" xml:lang="en-US">The amount of depreciation expense allocated to sales and marketing expenses. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseSalesAndMarketingExpenses" xlink:to="abev_AmortisationExpenseSalesAndMarketingExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmortisationExpenseSalesAndMarketingExpenses_doc" xml:lang="en-US">The amount of amortisation expense allocated to sales and marketing expenses. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepreciationExpenseAdministrativeExpenses" xlink:to="abev_DepreciationExpenseAdministrativeExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DepreciationExpenseAdministrativeExpenses_doc" xml:lang="en-US">The amount of depreciation expense allocated to administrative expenses. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmortisationExpenseAdministrativeExpenses" xlink:to="abev_AmortisationExpenseAdministrativeExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmortisationExpenseAdministrativeExpenses_doc" xml:lang="en-US">The amount of amortisation expense allocated to administrative expenses. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment" xlink:to="abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_doc" xml:lang="en-US">The total amount of cost of sales, employee benefit expenses, depreciation, amortization and impairment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CostOfSalesProductionCosts" xlink:to="abev_CostOfSalesProductionCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CostOfSalesProductionCosts_doc" xml:lang="en-US">The production costs related to cost of sales.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StateAmnestyPayments" xlink:label="abev_StateAmnestyPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StateAmnestyPayments" xlink:to="abev_StateAmnestyPayments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StateAmnestyPayments_doc" xml:lang="en-US">Related to state amnesty programs.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_StateOfMatoGrossoMember" xlink:label="abev_StateOfMatoGrossoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StateOfMatoGrossoMember" xlink:to="abev_StateOfMatoGrossoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StateOfMatoGrossoMember_doc" xml:lang="en-US">Related to the state of Mato Grosso.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetFinanceCostRealizationOfExchangeValue" xlink:label="abev_NetFinanceCostRealizationOfExchangeValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetFinanceCostRealizationOfExchangeValue" xlink:to="abev_NetFinanceCostRealizationOfExchangeValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NetFinanceCostRealizationOfExchangeValue_doc" xml:lang="en-US">Represents the amount of net finance cost, realization of exchange value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetInterestOnPensionPlans" xlink:to="abev_NetInterestOnPensionPlans_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NetInterestOnPensionPlans_doc" xml:lang="en-US">The net interest on pension plans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnProvisionForContingencies" xlink:to="abev_InterestOnProvisionForContingencies_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestOnProvisionForContingencies_doc" xml:lang="en-US">The interest on provisions for contingencies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdjustmentInFairValueOfFinancialInstruments" xlink:to="abev_AdjustmentInFairValueOfFinancialInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AdjustmentInFairValueOfFinancialInstruments_doc" xml:lang="en-US">The amount of adjustment in fair value of financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinanceCostsExcludingNonrecurringFinanceCosts" xlink:to="abev_FinanceCostsExcludingNonrecurringFinanceCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinanceCostsExcludingNonrecurringFinanceCosts_doc" xml:lang="en-US">The amount of costs associated with financing activities of the entity, excluding non-recurring finance costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss" xlink:to="abev_InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss_doc" xml:lang="en-US">The amount of interest expense on instruments at fair value through profit or loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties" xlink:to="abev_IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties_doc" xml:lang="en-US">The amount of income from interest and foreign exchange rate on loans with related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss" xlink:to="abev_RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss_doc" xml:lang="en-US">The amount of revenue from financial instruments at fair value through profit or loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems" xlink:to="abev_FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems_doc" xml:lang="en-US">The amount of finance income, before adoption of new accounting policies and non-recurring items</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies" xlink:to="abev_FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies_doc" xml:lang="en-US">The effect on financial income of the adoption of new accounting policies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfOthersNontaxableIncome" xlink:to="abev_TaxEffectOfOthersNontaxableIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectOfOthersNontaxableIncome_doc" xml:lang="en-US">Represents tax effect of others non-taxable income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfGovernmentGrantsRelatedToSalesTaxes" xlink:to="abev_TaxEffectOfGovernmentGrantsRelatedToSalesTaxes_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectOfGovernmentGrantsRelatedToSalesTaxes_doc" xml:lang="en-US">The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to the government grants related to sales taxes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectFromSharingResultsOfJointVentures" xlink:to="abev_TaxEffectFromSharingResultsOfJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectFromSharingResultsOfJointVentures_doc" xml:lang="en-US">The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to sharing results of joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfExpenseNotDeductible" xlink:to="abev_TaxEffectOfExpenseNotDeductible_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectOfExpenseNotDeductible_doc" xml:lang="en-US">The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to expenses not deductible in determining taxable profit (tax loss).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetAccountingProfit" xlink:to="abev_NetAccountingProfit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NetAccountingProfit_doc" xml:lang="en-US">The amount of profit (loss) for a period after deducting tax expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfRegionalIncentives" xlink:to="abev_TaxEffectOfRegionalIncentives_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectOfRegionalIncentives_doc" xml:lang="en-US">The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to regional incentives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfDeductibleInterestOfShareholdersEquity" xlink:to="abev_TaxEffectOfDeductibleInterestOfShareholdersEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectOfDeductibleInterestOfShareholdersEquity_doc" xml:lang="en-US">The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to the deductible interest of shareholders equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfWithholdingTaxOverUndistributedProfits" xlink:to="abev_TaxEffectOfWithholdingTaxOverUndistributedProfits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectOfWithholdingTaxOverUndistributedProfits_doc" xml:lang="en-US">The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to withholding tax over undistributed profits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxEffectOfAdoptionOfNewAccountingPolicy" xlink:to="abev_TaxEffectOfAdoptionOfNewAccountingPolicy_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxEffectOfAdoptionOfNewAccountingPolicy_doc" xml:lang="en-US">The tax effect of the adoption of a new accounting policy.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillPercentageOfTotalAssets" xlink:to="abev_GoodwillPercentageOfTotalAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GoodwillPercentageOfTotalAssets_doc" xml:lang="en-US">The percentage of total assets that make up goodwill.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrowthRate" xlink:to="abev_GrowthRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GrowthRate_doc" xml:lang="en-US">The percentage amount of the entity value for cost to sell.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment" xlink:to="abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_doc" xml:lang="en-US">The amount of adjustment to goodwill due to a new accounting pronouncement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill" xlink:to="abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill_doc" xml:lang="en-US">The increase (decrease) in goodwill resulting from business combinations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LatinAmericaSouthMember" xlink:to="abev_LatinAmericaSouthMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LatinAmericaSouthMember_doc" xml:lang="en-US">Represents the south Latin America.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Canada1Member" xlink:to="abev_Canada1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Canada1Member_doc" xml:lang="en-US">Refers to information regarding Canada.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement" xlink:to="abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_doc" xml:lang="en-US">The amount of adjustment to intangible assets other than goodwill due to the adoption of a new accounting pronouncement.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_DistributionContractsMember" xlink:label="abev_DistributionContractsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DistributionContractsMember" xlink:to="abev_DistributionContractsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DistributionContractsMember_doc" xml:lang="en-US">Refers to information regarding distribution contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInArgentinaMember" xlink:to="abev_IntangibleAssetsInArgentinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInArgentinaMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in Argentina.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInBoliviaMember" xlink:to="abev_IntangibleAssetsInBoliviaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInBoliviaMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in Bolivia.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInCanadaMember" xlink:to="abev_IntangibleAssetsInCanadaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInCanadaMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in Canada.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInChileMember" xlink:to="abev_IntangibleAssetsInChileMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInChileMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in Chile.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInLuxembourgMember" xlink:to="abev_IntangibleAssetsInLuxembourgMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInLuxembourgMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in Luxembourg.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInParaguayMember" xlink:to="abev_IntangibleAssetsInParaguayMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInParaguayMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in Paraguay.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInTheDominicanRepublicMember" xlink:to="abev_IntangibleAssetsInTheDominicanRepublicMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInTheDominicanRepublicMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in the Dominican Republic.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInPanamaMember" xlink:to="abev_IntangibleAssetsInPanamaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInPanamaMember_doc" xml:lang="en-US">Related to intangible assets in Panama.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IntangibleAssetsInUruaguayMember" xlink:to="abev_IntangibleAssetsInUruaguayMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IntangibleAssetsInUruaguayMember_doc" xml:lang="en-US">Refers to information regarding intangible assets in Uruguay.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InvestmentSecurities" xlink:to="abev_InvestmentSecurities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InvestmentSecurities_doc" xml:lang="en-US">The total amount of investment securities outstanding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges" xlink:to="abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_doc" xml:lang="en-US">The applicable income tax rate for the first two years after legislation changes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditRelatedToTaxLosses" xlink:to="abev_TaxCreditRelatedToTaxLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxCreditRelatedToTaxLosses_doc" xml:lang="en-US">The amount of unused tax losses for which no deferred tax asset is recognised in the statement of financial position and the amount of deductible temporary differences for which no deferred tax asset is recognised in the statement of financial position..</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxLossesCarriedForwardInRelationToCredit" xlink:to="abev_TaxLossesCarriedForwardInRelationToCredit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxLossesCarriedForwardInRelationToCredit_doc" xml:lang="en-US">The amount of unused tax losses for which no deferred tax asset is recognised and have no carryforward limit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxRateEffectOfTaxLossesAndSocialContributions" xlink:to="abev_TaxRateEffectOfTaxLossesAndSocialContributions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxRateEffectOfTaxLossesAndSocialContributions_doc" xml:lang="en-US">The tax rate effect on the reconciliation between the average effective tax rate and the applicable tax rate resulting from tax losses and social contributions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CentralAmericaAndTheCaribbeanMember" xlink:to="abev_CentralAmericaAndTheCaribbeanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CentralAmericaAndTheCaribbeanMember_doc" xml:lang="en-US">Refers to information regarding Central America and the Caribbean.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy" xlink:to="abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy_doc" xml:lang="en-US">The effect of the adoption of a new accounting policy on property, plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment" xlink:to="abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment_doc" xml:lang="en-US">Represents disposals and write-offs of property, plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionsPropertyPlantAndEquipment" xlink:to="abev_AdditionsPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AdditionsPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount of additions to property, plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInvestmentsInSecuritiesMember" xlink:to="abev_TemporaryDifferencesInvestmentsInSecuritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesInvestmentsInSecuritiesMember_doc" xml:lang="en-US">Related to investments in securities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesIntangiblesMember" xlink:to="abev_TemporaryDifferencesIntangiblesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesIntangiblesMember_doc" xml:lang="en-US">Related to intangibles.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesEmployeeBenefitsMember" xlink:to="abev_TemporaryDifferencesEmployeeBenefitsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesEmployeeBenefitsMember_doc" xml:lang="en-US">The temporary differences related to employee benefits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesTradePayablesMember" xlink:to="abev_TemporaryDifferencesTradePayablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesTradePayablesMember_doc" xml:lang="en-US">The temporary differences related to trade payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesTradeReceivableMember" xlink:to="abev_TemporaryDifferencesTradeReceivableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesTradeReceivableMember_doc" xml:lang="en-US">The temporary differences related to trade receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesDerivativesMember" xlink:to="abev_TemporaryDifferencesDerivativesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesDerivativesMember_doc" xml:lang="en-US">The temporary differences related to derivatives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember" xlink:to="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_doc" xml:lang="en-US">The temporary differences related to interest-bearing loans and borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInventoriesMember" xlink:to="abev_TemporaryDifferencesInventoriesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesInventoriesMember_doc" xml:lang="en-US">The temporary differences related to inventories.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember" xlink:to="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesPropertyPlantAndEquipmentMember_doc" xml:lang="en-US">The temporary differences related to property, plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember" xlink:to="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_doc" xml:lang="en-US">The temporary differences related to withholding tax over undistributed profits and royalties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesInvestmentsInJointVenturesMember" xlink:to="abev_TemporaryDifferencesInvestmentsInJointVenturesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesInvestmentsInJointVenturesMember_doc" xml:lang="en-US">Related to temporary differences in investments in joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesProvisionsMember" xlink:to="abev_TemporaryDifferencesProvisionsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesProvisionsMember_doc" xml:lang="en-US">The temporary differences related to provisions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember" xlink:to="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember_doc" xml:lang="en-US">Represents the impact of adoption of IFRS accounting policy.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember" xlink:to="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember_doc" xml:lang="en-US">Related to ICMS from the assessment bases of PIS/COFINS</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TemporaryDifferencesOtherItemsMember" xlink:to="abev_TemporaryDifferencesOtherItemsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TemporaryDifferencesOtherItemsMember_doc" xml:lang="en-US">The temporary differences related to other items.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeferredTaxesNotRelatedToTaxLossesMember" xlink:to="abev_DeferredTaxesNotRelatedToTaxLossesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DeferredTaxesNotRelatedToTaxLossesMember_doc" xml:lang="en-US">Refers to information regarding deferred taxes not related to tax losses.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanFourYearsAndNotLaterThanSevenYearsMember" xlink:label="abev_LaterThanFourYearsAndNotLaterThanSevenYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanFourYearsAndNotLaterThanSevenYearsMember" xlink:to="abev_LaterThanFourYearsAndNotLaterThanSevenYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LaterThanFourYearsAndNotLaterThanSevenYearsMember_doc" xml:lang="en-US">Represents later than four years and not later than seven years.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_LaterThanSevenYearsAndNotLaterThanNineYearsMember" xlink:label="abev_LaterThanSevenYearsAndNotLaterThanNineYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanSevenYearsAndNotLaterThanNineYearsMember" xlink:to="abev_LaterThanSevenYearsAndNotLaterThanNineYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LaterThanSevenYearsAndNotLaterThanNineYearsMember_doc" xml:lang="en-US">Represents later than seven years and not later than nine years.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet" xlink:to="abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_doc" xml:lang="en-US">The total changes related to deferred income tax and social contributions affecting the balance sheet.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet" xlink:to="abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_doc" xml:lang="en-US">The direct changes to the amounts in the deferred tax and liabilities in the balance sheet.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet" xlink:to="abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_doc" xml:lang="en-US">The changes to the amounts in the deferred tax and liabilities related to adoption of new accounting policy in the balance sheet.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet" xlink:to="abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_doc" xml:lang="en-US">The changes related to the deferred tax recognized in the other group in the balance sheet.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome" xlink:to="abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_doc" xml:lang="en-US">The amount of income tax relating to amounts recognised in other comprehensive income in relation to hedges of investments regarding put options of a subsidiary interest in equity instruments that the entity has designated at fair value through other comprehensive income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCreditAssetsNoncurrent" xlink:to="abev_RecoverableTaxCreditAssetsNoncurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RecoverableTaxCreditAssetsNoncurrent_doc" xml:lang="en-US">The value of recoverable tax credit assets, classified as non-current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PISCOFINSExclusionOfICMSMember" xlink:to="abev_PISCOFINSExclusionOfICMSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PISCOFINSExclusionOfICMSMember_doc" xml:lang="en-US">Related to PIS/COFINS exclusion of ICMS.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCreditAssetsCurrent" xlink:to="abev_RecoverableTaxCreditAssetsCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RecoverableTaxCreditAssetsCurrent_doc" xml:lang="en-US">The value of recoverable tax credit assets, classified as current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ICMSMember" xlink:to="abev_ICMSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ICMSMember_doc" xml:lang="en-US">Related to ICMS.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IPIMember" xlink:to="abev_IPIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IPIMember_doc" xml:lang="en-US">Related to IPI.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCreditAssets" xlink:to="abev_RecoverableTaxCreditAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RecoverableTaxCreditAssets_doc" xml:lang="en-US">The amount of recoverable tax credit assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InventoriesImpairmentLosses" xlink:to="abev_InventoriesImpairmentLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InventoriesImpairmentLosses_doc" xml:lang="en-US">The amount of impairment losses related to inventories.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BadDebtProvisions" xlink:to="abev_BadDebtProvisions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BadDebtProvisions_doc" xml:lang="en-US">The amount of bad debt provisions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentTradeReceivablesNetOfBadDebtProvisions" xlink:to="abev_CurrentTradeReceivablesNetOfBadDebtProvisions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CurrentTradeReceivablesNetOfBadDebtProvisions_doc" xml:lang="en-US">The amount of current trade receivables, net of bad debt provisions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LessThanOneMonthMember" xlink:to="abev_LessThanOneMonthMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LessThanOneMonthMember_doc" xml:lang="en-US">This member stands for a time band less than one month.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember" xlink:to="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LaterThanThreeMonthsAndLessThanSixMonthsMember_doc" xml:lang="en-US">This member stands for a time band of later than three months and less than six months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanSixMonthsAndLessThan12MonthsMember" xlink:to="abev_LaterThanSixMonthsAndLessThan12MonthsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LaterThanSixMonthsAndLessThan12MonthsMember_doc" xml:lang="en-US">This member stands for a time band of later than six months and not later than 12 months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanAYearMember" xlink:to="abev_LaterThanAYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LaterThanAYearMember_doc" xml:lang="en-US">This member stands for a time band of later than a year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalContingentProvisionsMember" xlink:to="abev_TotalContingentProvisionsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalContingentProvisionsMember_doc" xml:lang="en-US">Refers to information regarding total contingent provisions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ShorttermDepositsGuaranteeDeposits" xlink:to="abev_ShorttermDepositsGuaranteeDeposits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ShorttermDepositsGuaranteeDeposits_doc" xml:lang="en-US">Amount of guarantee deposits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EquitySharesOutstanding" xlink:to="abev_EquitySharesOutstanding_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EquitySharesOutstanding_doc" xml:lang="en-US">The number of equity shares outstanding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IssueOfEquityShares" xlink:to="abev_IssueOfEquityShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IssueOfEquityShares_doc" xml:lang="en-US">The number of shares issued during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughEquityIncrease" xlink:to="abev_IncreaseDecreaseThroughEquityIncrease_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseThroughEquityIncrease_doc" xml:lang="en-US">The amount of increase (decrease) through equity increase.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve" xlink:to="abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_doc" xml:lang="en-US">The increase (decrease) in capital reserve resulting from treasury share transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedOutstanding" xlink:to="abev_TreasurySharesAcquiredrealizedOutstanding_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TreasurySharesAcquiredrealizedOutstanding_doc" xml:lang="en-US">The number of treasury shares acquired/realized that are outstanding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredRealizedDuringThePeriod" xlink:to="abev_TreasurySharesAcquiredRealizedDuringThePeriod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TreasurySharesAcquiredRealizedDuringThePeriod_doc" xml:lang="en-US">The number of treasury shares acquired/realized during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedOutstandingAmount" xlink:to="abev_TreasurySharesAcquiredrealizedOutstandingAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TreasurySharesAcquiredrealizedOutstandingAmount_doc" xml:lang="en-US">The value of treasury shares acquired/realized that are outstanding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesHeld" xlink:to="abev_TreasurySharesHeld_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TreasurySharesHeld_doc" xml:lang="en-US">The number of treasury shares held by the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount" xlink:to="abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount_doc" xml:lang="en-US">The value of treasury shares acquired/realized during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesChangeDuringThePeriod" xlink:to="abev_TreasurySharesChangeDuringThePeriod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TreasurySharesChangeDuringThePeriod_doc" xml:lang="en-US">The change in treasury shares during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TreasurySharesChangeDuringThePeriodValue" xlink:to="abev_TreasurySharesChangeDuringThePeriodValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TreasurySharesChangeDuringThePeriodValue_doc" xml:lang="en-US">The value of the changes to treasury shares during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetIncomeReservesInvestmentReserveMember" xlink:to="abev_NetIncomeReservesInvestmentReserveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NetIncomeReservesInvestmentReserveMember_doc" xml:lang="en-US">Refers to information regarding the net income reserves relating to the investment reserves.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_NetIncomeReservesStatutoryReserveMember" xlink:label="abev_NetIncomeReservesStatutoryReserveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetIncomeReservesStatutoryReserveMember" xlink:to="abev_NetIncomeReservesStatutoryReserveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NetIncomeReservesStatutoryReserveMember_doc" xml:lang="en-US">Refers to information regarding the net income reserves relating to the statutory reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetIncomeReservesFiscalIncentiveMember" xlink:to="abev_NetIncomeReservesFiscalIncentiveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NetIncomeReservesFiscalIncentiveMember_doc" xml:lang="en-US">Refers to information regarding the net income reserves related to fiscal incentive.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InvestmentReserveLimitPercentageOfNetIncome" xlink:to="abev_InvestmentReserveLimitPercentageOfNetIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InvestmentReserveLimitPercentageOfNetIncome_doc" xml:lang="en-US">The percentage of net income the entity is willing to place in the investment reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatutoryReserveLimitPercentageOfNetIncome" xlink:to="abev_StatutoryReserveLimitPercentageOfNetIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StatutoryReserveLimitPercentageOfNetIncome_doc" xml:lang="en-US">The percentage of net income the entity is willing to place in the statutory reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatutoryReserveLimitOfCapitalStock" xlink:to="abev_StatutoryReserveLimitOfCapitalStock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StatutoryReserveLimitOfCapitalStock_doc" xml:lang="en-US">The percentage of limitation on statutory reserve allocation allowed related to the capital stock.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock" xlink:to="abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock_doc" xml:lang="en-US">The statutory reserve supplementation cutoff percentage related to capital stock.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MinimumMandatoryDividend" xlink:to="abev_MinimumMandatoryDividend_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_MinimumMandatoryDividend_doc" xml:lang="en-US">The minimum mandatory dividend.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDividendsAmountPerShare" xlink:to="abev_InterestOnShareholdersEquityDividendsAmountPerShare_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestOnShareholdersEquityDividendsAmountPerShare_doc" xml:lang="en-US">The per share amount of dividends for interest on shareholder's equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDividendsAmount" xlink:to="abev_InterestOnShareholdersEquityDividendsAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestOnShareholdersEquityDividendsAmount_doc" xml:lang="en-US">The amount of dividends for interest on shareholder's equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDistributionAndDividendAmount" xlink:to="abev_InterestOnShareholdersEquityDistributionAndDividendAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestOnShareholdersEquityDistributionAndDividendAmount_doc" xml:lang="en-US">The amount of distribution and dividend for interest on shareholder's equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDistributionAmountPerShare" xlink:to="abev_InterestOnShareholdersEquityDistributionAmountPerShare_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestOnShareholdersEquityDistributionAmountPerShare_doc" xml:lang="en-US">The amount per share of distribution for interest on shareholder's equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestOnShareholdersEquityDistributionAmount" xlink:to="abev_InterestOnShareholdersEquityDistributionAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestOnShareholdersEquityDistributionAmount_doc" xml:lang="en-US">The amount of distribution for interest on shareholder's equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsTranslationReservesMember" xlink:to="abev_CarryingValueAdjustmentsTranslationReservesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CarryingValueAdjustmentsTranslationReservesMember_doc" xml:lang="en-US">Refers to information regarding the translation reserves affecting the carrying value adjustments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity" xlink:to="abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_doc" xml:lang="en-US">The amount increase (decrease) in equity through the options granted on subsidiary.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsCashFlowHedgeMember" xlink:to="abev_CarryingValueAdjustmentsCashFlowHedgeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CarryingValueAdjustmentsCashFlowHedgeMember_doc" xml:lang="en-US">Refers to information regarding the cash flow hedge that affects the carrying value adjustments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsActuarialGainslossesMember" xlink:to="abev_CarryingValueAdjustmentsActuarialGainslossesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CarryingValueAdjustmentsActuarialGainslossesMember_doc" xml:lang="en-US">Refers to information regarding the actuarial gains/losses that affect the carrying value adjustments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember" xlink:to="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_doc" xml:lang="en-US">Refers to information regarding the put option granted on subsidiary that affects the carrying value adjustments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember" xlink:to="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_doc" xml:lang="en-US">Related to Carrying value adjustments, gains (losses) of non-controlling interest's share [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember" xlink:to="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_doc" xml:lang="en-US">The carrying value adjustments that affect the accounting adjustments for transactions between shareholders.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PrescribedDividends" xlink:to="abev_PrescribedDividends_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PrescribedDividends_doc" xml:lang="en-US">The value of the dividends prescribed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement" xlink:to="abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_doc" xml:lang="en-US">The amount increase (decrease) through adoption of new accounting pronouncements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RetainedEarningsBasisForDividendsAndDestinations" xlink:to="abev_RetainedEarningsBasisForDividendsAndDestinations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RetainedEarningsBasisForDividendsAndDestinations_doc" xml:lang="en-US">The retained earnings basis for dividends and destinations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DividendsAndInterestOnCapitalPaidBasedOnProfit" xlink:to="abev_DividendsAndInterestOnCapitalPaidBasedOnProfit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DividendsAndInterestOnCapitalPaidBasedOnProfit_doc" xml:lang="en-US">The dividends and interest on capital paid based on profit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalOfDividendsAndInterestOnCapital" xlink:to="abev_TotalOfDividendsAndInterestOnCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalOfDividendsAndInterestOnCapital_doc" xml:lang="en-US">The total amount of dividends and interest on capital.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DividendPercentageOfNetIncome" xlink:to="abev_DividendPercentageOfNetIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DividendPercentageOfNetIncome_doc" xml:lang="en-US">The percentage of net income that will be issued as dividends to shareholders.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SecuredBankLoansMember" xlink:to="abev_SecuredBankLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_SecuredBankLoansMember_doc" xml:lang="en-US">Refers to information regarding the secured bank loans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherUnsecuredLoansMember" xlink:to="abev_OtherUnsecuredLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherUnsecuredLoansMember_doc" xml:lang="en-US">Refers to information regarding other secured loans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UnsecuredBankLoansMember" xlink:to="abev_UnsecuredBankLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_UnsecuredBankLoansMember_doc" xml:lang="en-US">Refers to information regarding unsecured bank loans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DebtDenominatedInUSDollarsMember" xlink:to="abev_DebtDenominatedInUSDollarsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DebtDenominatedInUSDollarsMember_doc" xml:lang="en-US">Refers to information regarding debt denominated in US Dollars.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember" xlink:to="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember_doc" xml:lang="en-US">Refers to information regarding debt denominated in other Latin American currencies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DebtDenominatedInCADDollarsMember" xlink:to="abev_DebtDenominatedInCADDollarsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DebtDenominatedInCADDollarsMember_doc" xml:lang="en-US">Refers to information regarding debt denominated in CAD dollars.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReaisDebtMember" xlink:to="abev_ReaisDebtMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ReaisDebtMember_doc" xml:lang="en-US">Refers to information regarding Reais debt.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReaisDebtRelatedToICMSMember" xlink:to="abev_ReaisDebtRelatedToICMSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ReaisDebtRelatedToICMSMember_doc" xml:lang="en-US">Refers to information regarding Reais debt related to ICMS.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReaisDebenturesRelatedToCDIMember" xlink:to="abev_ReaisDebenturesRelatedToCDIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ReaisDebenturesRelatedToCDIMember_doc" xml:lang="en-US">Refers to information regarding Reais debentures related to CDI.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignExchangeEffectOnCurrentBorrowings" xlink:to="abev_ForeignExchangeEffectOnCurrentBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ForeignExchangeEffectOnCurrentBorrowings_doc" xml:lang="en-US">The foreign exchange effect on borrowings classified as current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TransferBetweenCurrentAndNoncurrentCurrent" xlink:to="abev_TransferBetweenCurrentAndNoncurrentCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TransferBetweenCurrentAndNoncurrentCurrent_doc" xml:lang="en-US">Represents the amount of transfer between current and non-current, current portion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionsToLeaseLiabilityCurrent" xlink:to="abev_AdditionsToLeaseLiabilityCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AdditionsToLeaseLiabilityCurrent_doc" xml:lang="en-US">The amount of additions to lease liability, current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherMovementsCurrent" xlink:to="abev_OtherMovementsCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherMovementsCurrent_doc" xml:lang="en-US">Represents the amount of other movements in borrowing, current portion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignExchangeEffectOnNoncurrentBorrowings" xlink:to="abev_ForeignExchangeEffectOnNoncurrentBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ForeignExchangeEffectOnNoncurrentBorrowings_doc" xml:lang="en-US">The foreign exchange effect on borrowings classified as non-current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TransferBetweenCurrentAndNoncurrentNoncurrent" xlink:to="abev_TransferBetweenCurrentAndNoncurrentNoncurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TransferBetweenCurrentAndNoncurrentNoncurrent_doc" xml:lang="en-US">Represents the amount of transfer between current and non-current, non-current ortion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdditionsToLeaseLiabilityNoncurrent" xlink:to="abev_AdditionsToLeaseLiabilityNoncurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AdditionsToLeaseLiabilityNoncurrent_doc" xml:lang="en-US">The amount of additions to lease liability, noncurrent.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherMovementsNoncurrent" xlink:to="abev_OtherMovementsNoncurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherMovementsNoncurrent_doc" xml:lang="en-US">Represents the amount of other movements in borrowing, non-current portion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DefinedBenefitObligationFundedPortionAtPresentValue" xlink:to="abev_DefinedBenefitObligationFundedPortionAtPresentValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DefinedBenefitObligationFundedPortionAtPresentValue_doc" xml:lang="en-US">The present value of the funded portion, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DefinedBenefitObligationUnfundedPortionAtPresentValue" xlink:to="abev_DefinedBenefitObligationUnfundedPortionAtPresentValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DefinedBenefitObligationUnfundedPortionAtPresentValue_doc" xml:lang="en-US">The present value unfunded portion, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AssetCeiling" xlink:to="abev_AssetCeiling_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AssetCeiling_doc" xml:lang="en-US">The present value of benefits available from refunds in the defined benefit plan or reductions in future contributions to the defined benefit plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherLongTermEmployeeBenefitLiabilities" xlink:to="abev_OtherLongTermEmployeeBenefitLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherLongTermEmployeeBenefitLiabilities_doc" xml:lang="en-US">The other long term employee benefit liabilities of the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitLiabilitiesMember" xlink:to="abev_EmployeeBenefitLiabilitiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitLiabilitiesMember_doc" xml:lang="en-US">Refers to information regarding employee benefit liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitsAssetsMember" xlink:to="abev_EmployeeBenefitsAssetsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitsAssetsMember_doc" xml:lang="en-US">Refers to information regarding employee benefits assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesOnSettlementAndCurtailment" xlink:to="abev_GainsLossesOnSettlementAndCurtailment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GainsLossesOnSettlementAndCurtailment_doc" xml:lang="en-US">The amount of (gains) losses on settlement and curtailment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TwoHealthCarePlansFromFundacaoZerrennerMember" xlink:to="abev_TwoHealthCarePlansFromFundacaoZerrennerMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TwoHealthCarePlansFromFundacaoZerrennerMember_doc" xml:lang="en-US">Refers to information regarding two health care plans from Fundacao Zerrenner.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset" xlink:to="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset_doc" xml:lang="en-US">The increase (decrease) in the net defined benefit liability (asset) resulting from administrative costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncreaseDecreaseInPlanAssetsFromTransfers" xlink:to="abev_IncreaseDecreaseInPlanAssetsFromTransfers_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncreaseDecreaseInPlanAssetsFromTransfers_doc" xml:lang="en-US">The amount of increase (decrease) in plan assets from transfers.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan" xlink:to="abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_doc" xml:lang="en-US">The amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DefinedBenefitPlansRecognizedFinancialCosts" xlink:to="abev_DefinedBenefitPlansRecognizedFinancialCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DefinedBenefitPlansRecognizedFinancialCosts_doc" xml:lang="en-US">The Financial costs of the net interest on pension plans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans" xlink:to="abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_doc" xml:lang="en-US">The amount of post-employment benefit income (expense) relating to defined benefit plans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_doc" xml:lang="en-US">Refers to information regarding the employee benefit revenue (expenses) allocated to other operating income/(expenses), net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember" xlink:to="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_doc" xml:lang="en-US">Refers to information regarding the employee benefit revenue (expenses) allocated to cost of sales.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_doc" xml:lang="en-US">Refers to information regarding the employee benefit revenue (expenses) allocated to sales and marketing expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_doc" xml:lang="en-US">Refers to information regarding the employee benefit revenue (expenses) allocated to administrative expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember" xlink:to="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_doc" xml:lang="en-US">Refers to information regarding the employee benefit revenue (expenses) allocated to financial expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActuarialAssumptionOfDentalClaimsCostTrendRates" xlink:to="abev_ActuarialAssumptionOfDentalClaimsCostTrendRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ActuarialAssumptionOfDentalClaimsCostTrendRates_doc" xml:lang="en-US">Dental cost trend rate used as significant actuarial assumption to determine the present value of a defined benefit obligation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge" xlink:to="abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_doc" xml:lang="en-US">The life expectancy after 65 years of age of a male used as a significant actuarial assumption to determine the present value of a defined benefit obligation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge" xlink:to="abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_doc" xml:lang="en-US">The life expectancy after 65 years of age of a female used as a significant actuarial assumption to determine the present value of a defined benefit obligation.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_PercentageOfReasonablyPossibleIncreaseDecreaseInActuarialAssumption" xlink:label="abev_PercentageOfReasonablyPossibleIncreaseDecreaseInActuarialAssumption" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PercentageOfReasonablyPossibleIncreaseDecreaseInActuarialAssumption" xlink:to="abev_PercentageOfReasonablyPossibleIncreaseDecreaseInActuarialAssumption_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PercentageOfReasonablyPossibleIncreaseDecreaseInActuarialAssumption_doc" xml:lang="en-US">The reasonably possible percentage of the increase (decrease) in the actuarial assumption used to determine the present value of defined benefit obligation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:to="abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption_doc" xml:lang="en-US">The amount of reasonably possible increase in actuarial assumption.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:to="abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_doc" xml:lang="en-US">The component percentage of the rated plan assets of a defined benefit plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsGovernmentBondsMember" xlink:to="abev_PlanAssetsGovernmentBondsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PlanAssetsGovernmentBondsMember_doc" xml:lang="en-US">The government bond portion of plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:to="abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_doc" xml:lang="en-US">The component percentage of the unrated plan assets of a defined benefit plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage" xlink:to="abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage_doc" xml:lang="en-US">The component percentage of the plan assets of a defined benefit plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsCorporateBondsMember" xlink:to="abev_PlanAssetsCorporateBondsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PlanAssetsCorporateBondsMember_doc" xml:lang="en-US">The corporate bonds portion of plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsEquityInstrumentsMember" xlink:to="abev_PlanAssetsEquityInstrumentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PlanAssetsEquityInstrumentsMember_doc" xml:lang="en-US">The equity instruments portion of plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsCashMember" xlink:to="abev_PlanAssetsCashMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PlanAssetsCashMember_doc" xml:lang="en-US">The cash portion of plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PlanAssetsOthersMember" xlink:to="abev_PlanAssetsOthersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PlanAssetsOthersMember_doc" xml:lang="en-US">The other portion of plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne_doc" xml:lang="en-US">The first allocation option for profit sharing in share-based payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrantOneMember" xlink:to="abev_GrantOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GrantOneMember_doc" xml:lang="en-US">Refers to information regarding the first grant of share-based payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo_doc" xml:lang="en-US">The second allocation option for profit sharing in share-based payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree_doc" xml:lang="en-US">The third allocation option for profit sharing in share-based payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour" xlink:to="abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour_doc" xml:lang="en-US">The fourth allocation option for profit sharing in share-based payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrantThreeMember" xlink:to="abev_GrantThreeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GrantThreeMember_doc" xml:lang="en-US">This mebember stands for grant three.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GrantTwoMember" xlink:to="abev_GrantTwoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GrantTwoMember_doc" xml:lang="en-US">Refers to information regarding the second grant of share-based payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DeferredStockUnitsOfGrantOneMember" xlink:to="abev_DeferredStockUnitsOfGrantOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DeferredStockUnitsOfGrantOneMember_doc" xml:lang="en-US">Refers to deferred stock units of Grant One.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement" xlink:to="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_doc" xml:lang="en-US">The number of other equity instruments (ie other than share options) introduced in a share-based payment arrangement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RestrictedSharesMember" xlink:to="abev_RestrictedSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RestrictedSharesMember_doc" xml:lang="en-US">This member stand for restricted shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExercisePricesOfTheOutstandingOptions" xlink:to="abev_ExercisePricesOfTheOutstandingOptions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ExercisePricesOfTheOutstandingOptions_doc" xml:lang="en-US">Represents the exercise prices of the options outstanding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement" xlink:to="abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement_doc" xml:lang="en-US">The number of share options vested in a share-based payment arrangement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement" xlink:to="abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_doc" xml:lang="en-US">The fair value of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RestrictedSharesUnderTheSharebasedPlanMember" xlink:to="abev_RestrictedSharesUnderTheSharebasedPlanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RestrictedSharesUnderTheSharebasedPlanMember_doc" xml:lang="en-US">Represents information about restricted shares under the share-based plan.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_SharebasedPaymentArrangementOtherEquityInstrumentsGracePeriod" xlink:label="abev_SharebasedPaymentArrangementOtherEquityInstrumentsGracePeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SharebasedPaymentArrangementOtherEquityInstrumentsGracePeriod" xlink:to="abev_SharebasedPaymentArrangementOtherEquityInstrumentsGracePeriod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_SharebasedPaymentArrangementOtherEquityInstrumentsGracePeriod_doc" xml:lang="en-US">The grace period for other equity instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NominalContractualAmountsIncludingInterest" xlink:to="abev_NominalContractualAmountsIncludingInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NominalContractualAmountsIncludingInterest_doc" xml:lang="en-US">Represents the amount of nominal contractual amounts, including interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradePayableMember" xlink:to="abev_TradePayableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TradePayableMember_doc" xml:lang="en-US">Represents the amount of trade payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProvisionReversedOtherProvisions" xlink:to="abev_ProvisionReversedOtherProvisions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ProvisionReversedOtherProvisions_doc" xml:lang="en-US">The amount of other provisions reversed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ProvisionsForLaborMember" xlink:to="abev_ProvisionsForLaborMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ProvisionsForLaborMember_doc" xml:lang="en-US">This member stands for a provision for labor.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAtRiskExposureProbable" xlink:to="abev_ValueAtRiskExposureProbable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ValueAtRiskExposureProbable_doc" xml:lang="en-US">The percentage range for potential exposure under a probable scenario using Value at Risk.</link:label>
      <link:loc xlink:type="locator" xlink:href="abev-20221231.xsd#abev_ValueAtRiskDuration" xlink:label="abev_ValueAtRiskDuration" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAtRiskDuration" xlink:to="abev_ValueAtRiskDuration_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ValueAtRiskDuration_doc" xml:lang="en-US">The number of days under the Value at Risk exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAtRiskAdverseScenarioDeteriorationPercentage" xlink:to="abev_ValueAtRiskAdverseScenarioDeteriorationPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ValueAtRiskAdverseScenarioDeteriorationPercentage_doc" xml:lang="en-US">The value at risk under an adverse scenario relating to the deterioration percentage.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAtRiskRemoteScenarioDeteriorationPercentage" xlink:to="abev_ValueAtRiskRemoteScenarioDeteriorationPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ValueAtRiskRemoteScenarioDeteriorationPercentage_doc" xml:lang="en-US">The value at risk under a remote scenario relating to the deterioration percentage.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EquitySwapTransactionMember" xlink:to="abev_EquitySwapTransactionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EquitySwapTransactionMember_doc" xml:lang="en-US">Represents information relating to an equity swap transaction.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PutOptionsFairValue" xlink:to="abev_PutOptionsFairValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PutOptionsFairValue_doc" xml:lang="en-US">The fair value of put options held.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments" xlink:to="abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments_doc" xml:lang="en-US">The amount of highly liquid investments of instruments sharing characteristics.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesRecordedInFinancialResults" xlink:to="abev_GainsLossesRecordedInFinancialResults_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GainsLossesRecordedInFinancialResults_doc" xml:lang="en-US">The gains or losses recorded in financial results.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalCostExposureMember" xlink:to="abev_TotalCostExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalCostExposureMember_doc" xml:lang="en-US">Refers to information regarding total cost exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesFromOperationalResults" xlink:to="abev_GainsLossesFromOperationalResults_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GainsLossesFromOperationalResults_doc" xml:lang="en-US">The gains or losses recorded in operational results.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesRecordedInEquity" xlink:to="abev_GainsLossesRecordedInEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GainsLossesRecordedInEquity_doc" xml:lang="en-US">The gains or losses recorded in equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommoditiesRiskPortionOfCostExposureMember" xlink:to="abev_CommoditiesRiskPortionOfCostExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CommoditiesRiskPortionOfCostExposureMember_doc" xml:lang="en-US">The commodities risk portion of cost exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsRiskPortionOfCostExposureMember" xlink:to="abev_USDollarsRiskPortionOfCostExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_USDollarsRiskPortionOfCostExposureMember_doc" xml:lang="en-US">The US Dollars risk portion of cost exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EurosRiskPortionOfCostExposureMember" xlink:to="abev_EurosRiskPortionOfCostExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EurosRiskPortionOfCostExposureMember_doc" xml:lang="en-US">The Euros risk portion of cost exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MexicanPesosRiskPortionOfCostExposureMember" xlink:to="abev_MexicanPesosRiskPortionOfCostExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_MexicanPesosRiskPortionOfCostExposureMember_doc" xml:lang="en-US">The Mexican Pesos risk portion of cost exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalFixedAssetExposureMember" xlink:to="abev_TotalFixedAssetExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalFixedAssetExposureMember_doc" xml:lang="en-US">Total total fixed asset exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsRiskPortionOfFixedAssetsExposureMember" xlink:to="abev_USDollarsRiskPortionOfFixedAssetsExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_USDollarsRiskPortionOfFixedAssetsExposureMember_doc" xml:lang="en-US">Refers to information regarding the US Dollars risk portion of fixed assets exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalExpensesExposureMember" xlink:to="abev_TotalExpensesExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalExpensesExposureMember_doc" xml:lang="en-US">Refers to information regarding the total expenses exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_USDollarsRiskPortionOfTheExpensesExposureMember" xlink:to="abev_USDollarsRiskPortionOfTheExpensesExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_USDollarsRiskPortionOfTheExpensesExposureMember_doc" xml:lang="en-US">Refers to the US Dollars risk portion of the expenses exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalFinancialRiskExposureMember" xlink:to="abev_TotalFinancialRiskExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalFinancialRiskExposureMember_doc" xml:lang="en-US">Refers to information regarding the total financial risk exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalEquityExposureMember" xlink:to="abev_TotalEquityExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalEquityExposureMember_doc" xml:lang="en-US">Refers to the total equity exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StockExchangePricesRiskPortionOfEquityExposureMember" xlink:to="abev_StockExchangePricesRiskPortionOfEquityExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StockExchangePricesRiskPortionOfEquityExposureMember_doc" xml:lang="en-US">Represents stock exchange prices risk portion of equity exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MaximumExposureToCreditRiskOfFinancialLiabilities" xlink:to="abev_MaximumExposureToCreditRiskOfFinancialLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_MaximumExposureToCreditRiskOfFinancialLiabilities_doc" xml:lang="en-US">The maximum exposure to the credit risk of financial liabilities designated as measured at fair value through profit or loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PostfixedInterestRatePrehedged" xlink:to="abev_PostfixedInterestRatePrehedged_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PostfixedInterestRatePrehedged_doc" xml:lang="en-US">The percentage of postfixed interest rate before it is hedged.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskBrazilianReaisMember" xlink:to="abev_InterestRateRiskBrazilianReaisMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestRateRiskBrazilianReaisMember_doc" xml:lang="en-US">Refers to the Brazilian Reais portion of interest rate risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PostfixedInterestPrehedgedValue" xlink:to="abev_PostfixedInterestPrehedgedValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PostfixedInterestPrehedgedValue_doc" xml:lang="en-US">The value of postfixed interest before it is hedged.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PresetInterestRatePrehedged" xlink:to="abev_PresetInterestRatePrehedged_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PresetInterestRatePrehedged_doc" xml:lang="en-US">The percentage of pre-set interest rate before it is hedged.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PresetInterestPrehedgedValue" xlink:to="abev_PresetInterestPrehedgedValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PresetInterestPrehedgedValue_doc" xml:lang="en-US">The value of pre-set interest before it is hedged.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember" xlink:to="abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember_doc" xml:lang="en-US">The Argentinean Peso portion of interest rate risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherCurrenciesMember" xlink:to="abev_OtherCurrenciesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherCurrenciesMember_doc" xml:lang="en-US">Related to other currencies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskUSDollarsMember" xlink:to="abev_InterestRateRiskUSDollarsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestRateRiskUSDollarsMember_doc" xml:lang="en-US">Refers to information regarding the US Dollars portion of interest rate risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestRateRiskCanadianDollarsMember" xlink:to="abev_InterestRateRiskCanadianDollarsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestRateRiskCanadianDollarsMember_doc" xml:lang="en-US">Refers to information regarding the Canadian Dollar portion of interest rate risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis" xlink:to="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_doc" xml:lang="en-US">The increase (decrease) effects at the probable level of a sensitivity analysis for hedging instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommoditiesHedgeMember" xlink:to="abev_CommoditiesHedgeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CommoditiesHedgeMember_doc" xml:lang="en-US">Refers to information regarding a commodities hedge.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis" xlink:to="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_doc" xml:lang="en-US">The increase (decrease) effects at the adverse level of a sensitivity analysis for hedging instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis" xlink:to="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_doc" xml:lang="en-US">The increase (decrease) effects at the remote level of a sensitivity analysis for hedging instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember" xlink:to="abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_doc" xml:lang="en-US">Refers to information regarding the input purchases affecting the commodity risk portion of cost exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis" xlink:to="abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_doc" xml:lang="en-US">The fair value of transactions on financial instruments designated as hedging instruments, which increase (decrease) the value. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignCurrencyExchangeHedgeMember" xlink:to="abev_ForeignCurrencyExchangeHedgeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ForeignCurrencyExchangeHedgeMember_doc" xml:lang="en-US">Refers to information regarding foreign currency exchange hedges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignExchangeRiskPortionOfCostExposureMember" xlink:to="abev_ForeignExchangeRiskPortionOfCostExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ForeignExchangeRiskPortionOfCostExposureMember_doc" xml:lang="en-US">Refers to the foreign exchange risk portion of cost exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommoditiesAndForeignExchangeHedgesMember" xlink:to="abev_CommoditiesAndForeignExchangeHedgesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CommoditiesAndForeignExchangeHedgesMember_doc" xml:lang="en-US">Refers to information regarding commodities and foreign exchange hedges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember" xlink:to="abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_doc" xml:lang="en-US">Refers to information regarding the foreign currency risk portion of fixed assets exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember" xlink:to="abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_doc" xml:lang="en-US">Refers to information regarding the Capex Purchases affecting the foreign currency exchange risk portion of the fixed assets exposure</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" xlink:to="abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_doc" xml:lang="en-US">Refers to information regarding expenses that affect the foreign currency exchange risk portion of expenses exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember" xlink:to="abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_doc" xml:lang="en-US">Refers to information regarding the foreign currency exchange risk portion of expenses exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CollateralAndOtherCommitments" xlink:to="abev_CollateralAndOtherCommitments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CollateralAndOtherCommitments_doc" xml:lang="en-US">The amount recorded for collateral and other commitments outstanding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CashGuarantees" xlink:to="abev_CashGuarantees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CashGuarantees_doc" xml:lang="en-US">The amount recorded for cash guarantees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GuaranteesHeldForDerivativeInstruments" xlink:to="abev_GuaranteesHeldForDerivativeInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GuaranteesHeldForDerivativeInstruments_doc" xml:lang="en-US">The amount of guarantees held for derivative instrument requirements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherCommitmentsHeld" xlink:to="abev_OtherCommitmentsHeld_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherCommitmentsHeld_doc" xml:lang="en-US">Other commitments held for a purpose restricting the use of cash.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CommitmentsWithSuppliers" xlink:to="abev_CommitmentsWithSuppliers_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CommitmentsWithSuppliers_doc" xml:lang="en-US">The amount committed to suppliers.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TotalExposureLiabilities" xlink:to="abev_TotalExposureLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TotalExposureLiabilities_doc" xml:lang="en-US">The amount of liabilities that the entity may have to pay due to exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LaterThanTwoYearsMember" xlink:to="abev_LaterThanTwoYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LaterThanTwoYearsMember_doc" xml:lang="en-US">Refers to information regarding the duration later than two years.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InbevHoldingBrasilSaMember" xlink:to="abev_InbevHoldingBrasilSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InbevHoldingBrasilSaMember_doc" xml:lang="en-US">Represents InBev Holding Brasil S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement" xlink:to="abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement_doc" xml:lang="en-US">The percentage reimbursement possible due to the financial effect of contingent liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BeverageAssociatesHoldingLimitedMember" xlink:to="abev_BeverageAssociatesHoldingLimitedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BeverageAssociatesHoldingLimitedMember_doc" xml:lang="en-US">Refers to information regarding Beverage Associates Holding Limited.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceraNacionalDominicanaSaMember" xlink:to="abev_CerveceraNacionalDominicanaSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CerveceraNacionalDominicanaSaMember_doc" xml:lang="en-US">Refers to information regarding the subsidiary Cervecer&amp;amp;#63;a Nacional Dominicana S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DepartmentOfFederalRevenueOfBrazilMember" xlink:to="abev_DepartmentOfFederalRevenueOfBrazilMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DepartmentOfFederalRevenueOfBrazilMember_doc" xml:lang="en-US">Refers to information regarding the Department of Federal Revenue of Brazil.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToExpensesMember" xlink:to="abev_TaxContingentLiabilityRelatedToExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxContingentLiabilityRelatedToExpensesMember_doc" xml:lang="en-US">Refers to information regarding tax contingent liability related to expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BrazilianTaxAuthoritiesMember" xlink:to="abev_BrazilianTaxAuthoritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BrazilianTaxAuthoritiesMember_doc" xml:lang="en-US">Refers to information regarding Brazilian Tax authorities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember" xlink:to="abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember_doc" xml:lang="en-US">Refers to information regarding the tax contingent liability related to taxes paid abroad.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ArosucoAromasESucosLtdaMember" xlink:to="abev_ArosucoAromasESucosLtdaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ArosucoAromasESucosLtdaMember_doc" xml:lang="en-US">The subsidiary AROSUCO AROMAS E SUCOS LTDA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember" xlink:to="abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_doc" xml:lang="en-US">Represents tax contingent liability related to disallowance on income tax deduction.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatedToIocExpensesMember" xlink:to="abev_TaxContingentLiabilityRelatedToIocExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxContingentLiabilityRelatedToIocExpensesMember_doc" xml:lang="en-US">Represents tax contingent liability related to IOC expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BrazilianFederalTaxAuthoritiesMember" xlink:to="abev_BrazilianFederalTaxAuthoritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BrazilianFederalTaxAuthoritiesMember_doc" xml:lang="en-US">Refers to information regarding the Brazilian federal tax authorities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember" xlink:to="abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_doc" xml:lang="en-US">Refers to information regarding the counterparties of the States of S&amp;amp;#63;o Paulo, Rio de Janeiro, Minas Gerais and other States.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RelevantStatesMember" xlink:to="abev_RelevantStatesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RelevantStatesMember_doc" xml:lang="en-US">Represents relevant states.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StateOfPernambucoMember" xlink:to="abev_StateOfPernambucoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StateOfPernambucoMember_doc" xml:lang="en-US">Refers to information regarding the state of State of Pernambuco.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember" xlink:to="abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember_doc" xml:lang="en-US">Refers to information regarding the xax contingent liability relating to Manaus Free Trade Zone - ZFM.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember" xlink:to="abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember_doc" xml:lang="en-US">Refers to information regarding the tax contingent liability relating to IPI excise taxes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TheStateOfAmazonasMember" xlink:to="abev_TheStateOfAmazonasMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TheStateOfAmazonasMember_doc" xml:lang="en-US">Related to the State of Amazonas.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TheTaxContingentLiabilityMember" xlink:to="abev_TheTaxContingentLiabilityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TheTaxContingentLiabilityMember_doc" xml:lang="en-US">Related to the tax contingent liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatesOfRioGrandeDoSulAndSoPauloMember" xlink:to="abev_StatesOfRioGrandeDoSulAndSoPauloMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StatesOfRioGrandeDoSulAndSoPauloMember_doc" xml:lang="en-US">This member stands for States of Rio Grande do Sul and S&amp;amp;#63;o Paulo.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StateOfParabaMember" xlink:to="abev_StateOfParabaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StateOfParabaMember_doc" xml:lang="en-US">This member stands for State of Para&amp;amp;#63;ba.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RecoverableTaxCredits" xlink:to="abev_RecoverableTaxCredits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RecoverableTaxCredits_doc" xml:lang="en-US">The amount of recoverable tax credits during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditPeriodsFrom1990To2009Member" xlink:to="abev_TaxCreditPeriodsFrom1990To2009Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxCreditPeriodsFrom1990To2009Member_doc" xml:lang="en-US">Related to tax credit periods from 1990 to 2009.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditPeriodsFrom2015To2018Member" xlink:to="abev_TaxCreditPeriodsFrom2015To2018Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxCreditPeriodsFrom2015To2018Member_doc" xml:lang="en-US">This member stands for Tax Credit Periods From 2009 to 2015.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TaxCreditPeriodsFrom2009To2015Member" xlink:to="abev_TaxCreditPeriodsFrom2009To2015Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TaxCreditPeriodsFrom2009To2015Member_doc" xml:lang="en-US">Related to tax credit periods from 2009 to 2015.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IncomeTaxAndSocialContributionMember" xlink:to="abev_IncomeTaxAndSocialContributionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IncomeTaxAndSocialContributionMember_doc" xml:lang="en-US">Refers to information regarding income tax and social contribution.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ValueAddedAndExciseTaxesMember" xlink:to="abev_ValueAddedAndExciseTaxesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ValueAddedAndExciseTaxesMember_doc" xml:lang="en-US">Refers to information regarding value added and excise taxes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PISAndCOFINSTaxContingentLiabilityMember" xlink:to="abev_PISAndCOFINSTaxContingentLiabilityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PISAndCOFINSTaxContingentLiabilityMember_doc" xml:lang="en-US">Refers to information regarding PIS and COFINS tax contingent liability.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PercentageOfOwnershipHeldByARelatedParty" xlink:to="abev_PercentageOfOwnershipHeldByARelatedParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PercentageOfOwnershipHeldByARelatedParty_doc" xml:lang="en-US">The percentage of ownership of the company that is held by a related party.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FundacaoZerrennerMember" xlink:to="abev_FundacaoZerrennerMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FundacaoZerrennerMember_doc" xml:lang="en-US">Represents The Funda&amp;amp;#63;&amp;amp;#63;o Antonio e Helena Zerrenner Institui&amp;amp;#63;&amp;amp;#63;o Nacional de Benefici&amp;amp;#63;ncia which is one of Ambev S.A.&amp;amp;#8217;s shareholders.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ExpensesIncurredByARelatedParty" xlink:to="abev_ExpensesIncurredByARelatedParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ExpensesIncurredByARelatedParty_doc" xml:lang="en-US">The amount of expenses incurred by a related party during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ActiveEmployeesMember" xlink:to="abev_ActiveEmployeesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ActiveEmployeesMember_doc" xml:lang="en-US">Employees who are still active with the company.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_RetireesMember" xlink:to="abev_RetireesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_RetireesMember_doc" xml:lang="en-US">Employees who are retired.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschIncMember" xlink:to="abev_AnheuserBuschIncMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AnheuserBuschIncMember_doc" xml:lang="en-US">The entity Anheuser-Busch, Inc.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschInBevNvMember" xlink:to="abev_AnheuserBuschInBevNvMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AnheuserBuschInBevNvMember_doc" xml:lang="en-US">Refers to information regarding the entity Anheuser-Busch InBev N.V.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" xlink:to="abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_doc" xml:lang="en-US">The amount of sales, service fees, reimbursements of expenses and others resulting from related party transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions" xlink:to="abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_doc" xml:lang="en-US">The amount of service fees, reimbursement of expenses and others resulting from related party transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NetFinanceCostRelatedPartyTransactions" xlink:to="abev_NetFinanceCostRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NetFinanceCostRelatedPartyTransactions_doc" xml:lang="en-US">The amount of net finance cost resulting from related party transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschPackageMember" xlink:to="abev_AnheuserBuschPackageMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AnheuserBuschPackageMember_doc" xml:lang="en-US">Refers to information regarding the entity Anheuser-Busch Package.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschProcurementMember" xlink:to="abev_AnheuserBuschProcurementMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AnheuserBuschProcurementMember_doc" xml:lang="en-US">Refers to information regarding the entity Anheuser-Busch Procurement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschInbevUsaLlcMember" xlink:to="abev_AnheuserBuschInbevUsaLlcMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AnheuserBuschInbevUsaLlcMember_doc" xml:lang="en-US">The entity Anheuser-Busch Inbev USA LLC.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmbevPeruMember" xlink:to="abev_AmbevPeruMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmbevPeruMember_doc" xml:lang="en-US">This member stands for Ambev Peru.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_BavariaSaMember" xlink:to="abev_BavariaSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_BavariaSaMember_doc" xml:lang="en-US">The entity Bavaria S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaModeloDeMexicoSDeRlDeCvMember" xlink:to="abev_CerveceriaModeloDeMexicoSDeRlDeCvMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CerveceriaModeloDeMexicoSDeRlDeCvMember_doc" xml:lang="en-US">The entity Cervecer&amp;amp;#63;a Modelo de Mexico S. de R.L. de C.V.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaPeruanasMember" xlink:to="abev_CerveceriaPeruanasMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CerveceriaPeruanasMember_doc" xml:lang="en-US">Information related to Cervecer&amp;amp;#63;a Peruanas.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GCCIndiaMember" xlink:to="abev_GCCIndiaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GCCIndiaMember_doc" xml:lang="en-US">Information related to GCC India.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InbevBelgiumNvMember" xlink:to="abev_InbevBelgiumNvMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InbevBelgiumNvMember_doc" xml:lang="en-US">The entity Inbev Belgium N.V.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterbrewInternationalBvMember" xlink:to="abev_InterbrewInternationalBvMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterbrewInternationalBvMember_doc" xml:lang="en-US">The entity Interbrew International B.V.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OrientalBreweryMember" xlink:to="abev_OrientalBreweryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OrientalBreweryMember_doc" xml:lang="en-US">Information related to Oriental Brewery.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradeReceivablesRelatedPartyTransactions" xlink:to="abev_TradeReceivablesRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TradeReceivablesRelatedPartyTransactions_doc" xml:lang="en-US">The amount of trade receivables resulting from related party transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschAfricaMember" xlink:to="abev_AnheuserBuschAfricaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AnheuserBuschAfricaMember_doc" xml:lang="en-US">Refers to information regarding the entity Anheuser-Busch Africa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_OtherTradeReceivablesRelatedPartyTransactions" xlink:to="abev_OtherTradeReceivablesRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_OtherTradeReceivablesRelatedPartyTransactions_doc" xml:lang="en-US">The amount of other trade receivables resulting from related party transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_TradePayablesRelatedPartyTransactions" xlink:to="abev_TradePayablesRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_TradePayablesRelatedPartyTransactions_doc" xml:lang="en-US">The amount of trade payables resulting from related party transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AnheuserBuschInbevServicesLlcMember" xlink:to="abev_AnheuserBuschInbevServicesLlcMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AnheuserBuschInbevServicesLlcMember_doc" xml:lang="en-US">The entity Anheuser-Busch Inbev Services LLC.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PanamaHoldingMember" xlink:to="abev_PanamaHoldingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PanamaHoldingMember_doc" xml:lang="en-US">Refers to information regarding the Panam&amp;amp;#63; Holding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DividendsReceivablesRelatedPartyTransactions" xlink:to="abev_DividendsReceivablesRelatedPartyTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DividendsReceivablesRelatedPartyTransactions_doc" xml:lang="en-US">The amount of dividends receivables resulting from related party transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Bolivia1Member" xlink:to="abev_Bolivia1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Bolivia1Member_doc" xml:lang="en-US">Information related to Bolivia.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaBolivianaNacionalSaMember" xlink:to="abev_CerveceriaBolivianaNacionalSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CerveceriaBolivianaNacionalSaMember_doc" xml:lang="en-US">The subsidiary CERVECERIA BOLIVIANA NACIONAL S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_StatusOfOwnershipInterestInSubsidiary" xlink:to="abev_StatusOfOwnershipInterestInSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_StatusOfOwnershipInterestInSubsidiary_doc" xml:lang="en-US">The status of ownership interest in subsidiary.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Guatemala1Member" xlink:to="abev_Guatemala1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Guatemala1Member_doc" xml:lang="en-US">Information related to Guatemala.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_IndustriasDelAtlnticoSaMember" xlink:to="abev_IndustriasDelAtlnticoSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_IndustriasDelAtlnticoSaMember_doc" xml:lang="en-US">Related to INDUSTRIAS DEL ATL&amp;amp;#63;NTICO, S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Paraguay1Member" xlink:to="abev_Paraguay1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Paraguay1Member_doc" xml:lang="en-US">Information related to Paraguay.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaParaguayaSaMember" xlink:to="abev_CerveceriaParaguayaSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CerveceriaParaguayaSaMember_doc" xml:lang="en-US">The subsidiary CERVECERIA PARAGUAYA S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DominicanRepublic1Member" xlink:to="abev_DominicanRepublic1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DominicanRepublic1Member_doc" xml:lang="en-US">Information related to Dominican Republic.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Uruguay1Member" xlink:to="abev_Uruguay1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Uruguay1Member_doc" xml:lang="en-US">Information related to Uruguay.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LinthalSaMember" xlink:to="abev_LinthalSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LinthalSaMember_doc" xml:lang="en-US">The subsidiary LINTHAL S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaYMalteriaPayssandSaMember" xlink:to="abev_CerveceriaYMalteriaPayssandSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CerveceriaYMalteriaPayssandSaMember_doc" xml:lang="en-US">The subsidiary CERVECERIA Y MALTERIA PAYSSAND&amp;amp;#63; S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_MonthiersSaMember" xlink:to="abev_MonthiersSaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_MonthiersSaMember_doc" xml:lang="en-US">Related to MONTHIERS S.A.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Panama1Member" xlink:to="abev_Panama1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Panama1Member_doc" xml:lang="en-US">Information related to Panama.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CerveceriaNacionalSDeRlMember" xlink:to="abev_CerveceriaNacionalSDeRlMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_CerveceriaNacionalSDeRlMember_doc" xml:lang="en-US">Refers to information regarding the entity Cerveceria Nacional S. de R.L.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LabattBrewingCompanyLimitedMember" xlink:to="abev_LabattBrewingCompanyLimitedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LabattBrewingCompanyLimitedMember_doc" xml:lang="en-US">The subsidiary LABATT BREWING COMPANY LIMITED.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Spain1Member" xlink:to="abev_Spain1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Spain1Member_doc" xml:lang="en-US">Information related to Spain.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_JaluaSpainSlMember" xlink:to="abev_JaluaSpainSlMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_JaluaSpainSlMember_doc" xml:lang="en-US">The subsidiary JALUA SPAIN, S.L.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_Luxembourg1Member" xlink:to="abev_Luxembourg1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_Luxembourg1Member_doc" xml:lang="en-US">Information related to Luxembourg.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_AmbevLuxembourgMember" xlink:to="abev_AmbevLuxembourgMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_AmbevLuxembourgMember_doc" xml:lang="en-US">The subsidiary AMBEV LUXEMBOURG.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialAssetCashAndCashEquivalentsMember" xlink:to="abev_FinancialAssetCashAndCashEquivalentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinancialAssetCashAndCashEquivalentsMember_doc" xml:lang="en-US">The cash and cash equivalents portion of financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_FinancialAssetInvestmentSecuritiesMember" xlink:to="abev_FinancialAssetInvestmentSecuritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_FinancialAssetInvestmentSecuritiesMember_doc" xml:lang="en-US">The investment securities portion of financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DerivativeHedgeMember" xlink:to="abev_DerivativeHedgeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DerivativeHedgeMember_doc" xml:lang="en-US">This member stands for derivative hedge.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_PutOptionGrantedOnSubsidiaryMember" xlink:to="abev_PutOptionGrantedOnSubsidiaryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_PutOptionGrantedOnSubsidiaryMember_doc" xml:lang="en-US">Information related to put option granted on subsidiary.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_InterestbearingLoansAndBorrowingsMember" xlink:to="abev_InterestbearingLoansAndBorrowingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_InterestbearingLoansAndBorrowingsMember_doc" xml:lang="en-US">Refers to information regarding interest-bearing loans and borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges" xlink:to="abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges_doc" xml:lang="en-US">The amount of derivative financial assets held for hedging in operation hedges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge" xlink:to="abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_doc" xml:lang="en-US">The amount of derivative financial liabilities held for hedging in operational hedges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities" xlink:to="abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_doc" xml:lang="en-US">The gains (losses) recognised on the fair value measurement of liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities" xlink:to="abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities_doc" xml:lang="en-US">The gains (losses) recognised in equity on the fair value measurement of liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_NoncurrentTradePayablesRelatedParties" xlink:to="abev_NoncurrentTradePayablesRelatedParties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="abev_NoncurrentTradePayablesRelatedParties_doc" xml:lang="en-US">Noncurrent trade payables, related parties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CostOfSales_2_lbl" xml:lang="en-US">Cost of sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DistributionCosts" xlink:to="ifrs-full_DistributionCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DistributionCosts_2_lbl" xml:lang="en-US">Distribution costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesAndMarketingExpense" xlink:to="ifrs-full_SalesAndMarketingExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SalesAndMarketingExpense_2_lbl" xml:lang="en-US">Sales and marketing expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_2_lbl" xml:lang="en-US">General and administrative expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceCosts_2_lbl" xml:lang="en-US">Finance costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_4_lbl" xml:lang="en-US">Tax expense (income)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_2_lbl" xml:lang="en-US">Gains (losses) on exchange differences on translation of foreign operations, net of tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems" xlink:to="ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems_2_lbl" xml:lang="en-US">Amounts removed from equity and included in carrying amount of non-financial asset (liability) whose acquisition or incurrence was hedged highly probable forecast transaction, net of tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncome_2_lbl" xml:lang="en-US">Other comprehensive income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssets_2_lbl" xml:lang="en-US">Non-current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentInvestments" xlink:to="ifrs-full_CurrentInvestments_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentInvestments_3_lbl" xml:lang="en-US">Current investments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_2_lbl" xml:lang="en-US">Current derivative financial assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions" xlink:to="abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions_2_lbl" xml:lang="en-US">CurrentRecoverablesFromIncomeTaxAndSocialContributions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_2_lbl" xml:lang="en-US">Current receivables from taxes other than income tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentAssets" xlink:to="ifrs-full_OtherCurrentAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentAssets_2_lbl" xml:lang="en-US">Other current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssets_2_lbl" xml:lang="en-US">Current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_ReserveOfCarryingValueAdjustments" xlink:to="abev_ReserveOfCarryingValueAdjustments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_ReserveOfCarryingValueAdjustments_2_lbl" xml:lang="en-US">ReserveOfCarryingValueAdjustments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_2_lbl" xml:lang="en-US">Equity attributable to owners of parent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Equity_4_lbl" xml:lang="en-US">Equity [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_2_lbl" xml:lang="en-US">Non-current provisions for employee benefits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxLiabilities_2_lbl" xml:lang="en-US">Net deferred tax liabilities [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilities_2_lbl" xml:lang="en-US">Non-current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_2_lbl" xml:lang="en-US">Non-current derivative financial liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="abev_CurrentTaxAndContributionsLiabilitiesCurrent" xlink:to="abev_CurrentTaxAndContributionsLiabilitiesCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="abev_CurrentTaxAndContributionsLiabilitiesCurrent_2_lbl" xml:lang="en-US">CurrentTaxAndContributionsLiabilitiesCurrent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax" xlink:to="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax_2_lbl" xml:lang="en-US">Current payables on social security and taxes other than income tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_3_lbl" xml:lang="en-US">Trade and other current payables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentProvisions_2_lbl" xml:lang="en-US">Current provisions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialLiabilities" xlink:to="ifrs-full_CurrentFinancialLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialLiabilities_2_lbl" xml:lang="en-US">Current financial liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilities_2_lbl" xml:lang="en-US">Current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Liabilities_2_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaid" xlink:to="ifrs-full_DividendsPaid_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaid_2_lbl" xml:lang="en-US">Dividends recognised as distributions to owners</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceIncomeCost" xlink:to="ifrs-full_AdjustmentsForFinanceIncomeCost_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForFinanceIncomeCost_2_lbl" xml:lang="en-US">Adjustments for finance income (cost)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_2_lbl" xlink:type="arc" />
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<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>14
<FILENAME>abev-20221231_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448274784">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cover - shares<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Feb. 24, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressesLineItems', window );"><strong>Entity Addresses [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">20-F<span></span>
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<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentRegistrationStatement', window );">Document Registration Statement</a></td>
<td class="text">false<span></span>
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<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentAnnualReport', window );">Document Annual Report</a></td>
<td class="text">true<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentTransitionReport', window );">Document Transition Report</a></td>
<td class="text">false<span></span>
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<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentShellCompanyReport', window );">Document Shell Company Report</a></td>
<td class="text">false<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec. 31,  2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-36165<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">AMBEV S.A.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001565025<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">D5<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">Rua Dr. Renato Paes de Barros, 1017, 3rd floor<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">S&#227;o Paulo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">BR<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">04530-001<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">American Depositary Shares,<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">ABEV<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-known Seasoned Issuer</a></td>
<td class="text">Yes<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
<td class="text">No<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
<td class="text">Yes<span></span>
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<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityInteractiveDataCurrent', window );">Entity Interactive Data Current</a></td>
<td class="text">Yes<span></span>
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<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Large Accelerated Filer<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentAccountingStandard', window );">Document Accounting Standard</a></td>
<td class="text">International Financial Reporting Standards<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15,750,216,851<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_IcfrAuditorAttestationFlag', window );">ICFR Auditor Attestation Flag</a></td>
<td class="text">true<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorFirmId', window );">Auditor Firm Id</a></td>
<td class="text">1351<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorLocation', window );">Auditor Location</a></td>
<td class="text">S&#227;o Paulo<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AuditorName', window );">Auditor Name</a></td>
<td class="text">PricewaterhouseCoopers Auditores Independentes Ltda.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember', window );">Business Contact [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressesLineItems', window );"><strong>Entity Addresses [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">Rua Dr. Renato Paes de Barros<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">S&#227;o Paulo<span></span>
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<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCountry', window );">Entity Address, Country</a></td>
<td class="text">BR<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">04530-001<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">55<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">2122-1200<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_ContactPersonnelName', window );">Contact Personnel Name</a></td>
<td class="text">Lucas Machado Lira<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorFirmId">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>PCAOB issued Audit Firm Identifier</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorFirmId</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:nonemptySequenceNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorLocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorLocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AuditorName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AuditorName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:internationalNameItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_ContactPersonnelName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of contact personnel</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_ContactPersonnelName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAccountingStandard">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAccountingStandard</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:accountingStandardItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAnnualReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as an annual report.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAnnualReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentRegistrationStatement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a registration statement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentRegistrationStatement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentShellCompanyReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentShellCompanyReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentTransitionReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a transition report.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Forms 10-K, 10-Q, 20-F<br> -Number 240<br> -Section 13<br> -Subsection a-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentTransitionReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCountry">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>ISO 3166-1 alpha-2 country code.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCountry</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:countryCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInteractiveDataCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-T<br> -Number 232<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInteractiveDataCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityShellCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_IcfrAuditorAttestationFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_IcfrAuditorAttestationFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressesAddressTypeAxis=dei_BusinessContactMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449287808">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>CONSOLIDATED INCOME STATEMENTS - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeStatementAbstract', window );"><strong>Profit or loss [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 79,708.8<span></span>
</td>
<td class="nump">R$ 72,854.3<span></span>
</td>
<td class="nump">R$ 58,379.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(40,422.1)<span></span>
</td>
<td class="num">(35,659.7)<span></span>
</td>
<td class="num">(27,066.1)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">39,286.7<span></span>
</td>
<td class="nump">37,194.6<span></span>
</td>
<td class="nump">31,312.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,395.3)<span></span>
</td>
<td class="num">(9,932.7)<span></span>
</td>
<td class="num">(8,245.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,337.4)<span></span>
</td>
<td class="num">(7,035.5)<span></span>
</td>
<td class="num">(6,374.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,236.8)<span></span>
</td>
<td class="num">(4,877.4)<span></span>
</td>
<td class="num">(2,948.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses), net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,513.9<span></span>
</td>
<td class="nump">2,124.1<span></span>
</td>
<td class="nump">2,679.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(143.3)<span></span>
</td>
<td class="num">(392.8)<span></span>
</td>
<td class="num">(452.0)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17,687.8<span></span>
</td>
<td class="nump">17,080.3<span></span>
</td>
<td class="nump">15,972.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Finance expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,892.2)<span></span>
</td>
<td class="num">(5,427.8)<span></span>
</td>
<td class="num">(5,430.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Finance income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,469.1<span></span>
</td>
<td class="nump">2,222.4<span></span>
</td>
<td class="nump">2,996.0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance result</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,423.1)<span></span>
</td>
<td class="num">(3,205.4)<span></span>
</td>
<td class="num">(2,434.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(29.1)<span></span>
</td>
<td class="num">(115.7)<span></span>
</td>
<td class="num">(43.3)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,235.6<span></span>
</td>
<td class="nump">13,759.2<span></span>
</td>
<td class="nump">13,494.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">655.6<span></span>
</td>
<td class="num">(636.6)<span></span>
</td>
<td class="num">(1,762.5)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,891.2<span></span>
</td>
<td class="nump">13,122.6<span></span>
</td>
<td class="nump">11,731.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Equity holders of Ambev</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,457.9<span></span>
</td>
<td class="nump">12,671.0<span></span>
</td>
<td class="nump">11,379.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 433.3<span></span>
</td>
<td class="nump">R$ 451.6<span></span>
</td>
<td class="nump">R$ 352.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic earnings per share &#8211; common &#8211; R$</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 0.9184<span></span>
</td>
<td class="nump">R$ 0.8052<span></span>
</td>
<td class="nump">R$ 0.7233<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted earnings per share &#8211; common &#8211; R$</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 0.9123<span></span>
</td>
<td class="nump">R$ 0.7991<span></span>
</td>
<td class="nump">R$ 0.7171<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Expressed in Brazilian Reais.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ExceptionalItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ExceptionalItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DistributionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to the distribution of goods and services.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DistributionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 82<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeStatementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeStatementAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2022-03-24<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 18<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2022-03-24<br> -Paragraph 39L<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2022-03-24<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 12<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_12_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81B_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2022-03-24<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2022-03-24<br> -Paragraph IE33<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromContractsWithCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue from contracts with customers. A customer is a party that has contracted with an entity to obtain goods or services that are an output of the entity&#8217;s ordinary activities in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2022-03-24<br> -Paragraph 114<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_114&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2022-03-24<br> -Paragraph 113<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_113_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromContractsWithCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of joint ventures accounted for using the equity method. [Refer: Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448488976">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeStatementAbstract', window );"><strong>Profit or loss [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="nump">R$ 14,891.2<span></span>
</td>
<td class="nump">R$ 13,122.6<span></span>
</td>
<td class="nump">R$ 11,731.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExchangeDifferencesOnTranslationAbstract', window );"><strong>Exchange differences on the translation of foreign operations (gains/(losses))</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax', window );">Investment hedge on foreign operations</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(3.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax', window );">Investment hedge &#8211; put option granted on subsidiaries</a></td>
<td class="nump">203.8<span></span>
</td>
<td class="nump">193.6<span></span>
</td>
<td class="num">(371.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax', window );">Gains/losses on translation of other foreign operations&#160;</a></td>
<td class="num">(7,067.0)<span></span>
</td>
<td class="nump">2,364.4<span></span>
</td>
<td class="nump">8,061.0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Gains/losses on translation of foreign operations&#160;</a></td>
<td class="num">(6,863.2)<span></span>
</td>
<td class="nump">2,558.0<span></span>
</td>
<td class="nump">7,686.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowHedgesAbstract', window );"><strong>Cash flow hedge &#8211; gains/(losses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Recognized in Equity (Hedge reserve)</a></td>
<td class="nump">38.0<span></span>
</td>
<td class="nump">2,311.2<span></span>
</td>
<td class="nump">1,837.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems', window );">Reclassified from Equity (Hedge reserve) and included in profit or loss</a></td>
<td class="num">(356.7)<span></span>
</td>
<td class="num">(1,829.9)<span></span>
</td>
<td class="num">(1,736.5)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Total cash flow hedge</a></td>
<td class="num">(318.7)<span></span>
</td>
<td class="nump">481.3<span></span>
</td>
<td class="nump">101.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Items that will not be reclassified to profit or loss:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax', window );">Recognition of actuarial gains/(losses)</a></td>
<td class="nump">470.7<span></span>
</td>
<td class="nump">340.0<span></span>
</td>
<td class="num">(258.0)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive (loss)/income</a></td>
<td class="num">(6,711.2)<span></span>
</td>
<td class="nump">3,379.3<span></span>
</td>
<td class="nump">7,529.6<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="nump">8,180.0<span></span>
</td>
<td class="nump">16,501.9<span></span>
</td>
<td class="nump">19,261.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">&#160;&#160; Equity holders of Ambev</a></td>
<td class="nump">7,835.5<span></span>
</td>
<td class="nump">15,943.3<span></span>
</td>
<td class="nump">18,719.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">&#160;&#160; Non-controlling interest</a></td>
<td class="nump">R$ 344.5<span></span>
</td>
<td class="nump">R$ 558.6<span></span>
</td>
<td class="nump">R$ 541.9<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GainsLossesOnOtherExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amounts removed from equity and included in the initial cost or other carrying amount of a non-financial asset (liability) whose acquisition or incurrence was a hedged, highly probable forecast transaction, net of tax. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForAmountsTransferredToInitialCarryingAmountOfHedgedItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowHedgesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowHedgesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to non-controlling interests. [Refer: Comprehensive income; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81B_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81B_b_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExchangeDifferencesOnTranslationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExchangeDifferencesOnTranslationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on cash flow hedges, net of tax, before reclassification adjustments. [Refer: Cash flow hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 24E<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on change in value of time value of options, net of tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, net of tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on hedges of net investments in foreign operations, net of tax, before reclassification adjustments. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 24E<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 39<br> -IssueDate 2022-03-24<br> -Paragraph 102<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=39&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_102_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 9<br> -IssueDate 2022-03-24<br> -Paragraph 6.5.13<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=9&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_6.5.13_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeStatementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeStatementAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income that will not be reclassified to profit or loss, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph IG6<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 82A<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_82A&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 18<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2022-03-24<br> -Paragraph 39L<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2022-03-24<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<html>
<head>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448408144">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CONSOLIDATED BALANCE SHEETS - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfFinancialPositionAbstract', window );"><strong>Statement of financial position [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">R$ 30,055.7<span></span>
</td>
<td class="nump">R$ 29,224.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">40,594.0<span></span>
</td>
<td class="nump">42,411.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible</a></td>
<td class="nump">9,222.2<span></span>
</td>
<td class="nump">8,689.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Investments in joint ventures</a></td>
<td class="nump">331.9<span></span>
</td>
<td class="nump">305.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentHeldtomaturityInvestments', window );">Investment securities</a></td>
<td class="nump">219.1<span></span>
</td>
<td class="nump">192.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxAssets', window );">Deferred tax assets</a></td>
<td class="nump">6,438.8<span></span>
</td>
<td class="nump">4,727.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan', window );">Employee benefits</a></td>
<td class="nump">56.6<span></span>
</td>
<td class="nump">27.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Derivative financial instruments</a></td>
<td class="nump">1.5<span></span>
</td>
<td class="nump">1.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NoncurrentRecoverablesFromIncomeTaxAndSocialContributions', window );">Income tax and social contributions recoverable</a></td>
<td class="nump">4,607.5<span></span>
</td>
<td class="nump">6,326.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">6,708.8<span></span>
</td>
<td class="nump">6,005.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other assets</a></td>
<td class="nump">1,905.2<span></span>
</td>
<td class="nump">2,063.3<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current assets</a></td>
<td class="nump">100,141.3<span></span>
</td>
<td class="nump">99,975.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Investment securities</a></td>
<td class="nump">454.5<span></span>
</td>
<td class="nump">1,914.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="nump">12,923.0<span></span>
</td>
<td class="nump">11,000.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade receivables</a></td>
<td class="nump">5,349.1<span></span>
</td>
<td class="nump">4,791.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialAssets', window );">Derivative financial instruments</a></td>
<td class="nump">272.3<span></span>
</td>
<td class="nump">597.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions', window );">Income tax and social contributions recoverable</a></td>
<td class="nump">1,808.7<span></span>
</td>
<td class="nump">631.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">1,044.8<span></span>
</td>
<td class="nump">1,981.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other assets</a></td>
<td class="nump">1,037.9<span></span>
</td>
<td class="nump">1,082.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">14,926.4<span></span>
</td>
<td class="nump">16,627.7<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current assets</a></td>
<td class="nump">37,816.7<span></span>
</td>
<td class="nump">38,627.0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="nump">137,958.0<span></span>
</td>
<td class="nump">138,602.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Issued capital</a></td>
<td class="nump">58,130.5<span></span>
</td>
<td class="nump">58,042.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Reserves</a></td>
<td class="nump">92,246.6<span></span>
</td>
<td class="nump">86,378.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReserveOfCarryingValueAdjustments', window );">Carrying value adjustments</a></td>
<td class="num">(68,421.5)<span></span>
</td>
<td class="num">(61,778.3)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Equity attributable to the equity holders of Ambev</a></td>
<td class="nump">81,955.6<span></span>
</td>
<td class="nump">82,643.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="nump">1,372.2<span></span>
</td>
<td class="nump">1,374.6<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total Equity</a></td>
<td class="nump">83,327.8<span></span>
</td>
<td class="nump">84,017.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings</a></td>
<td class="nump">2,788.1<span></span>
</td>
<td class="nump">2,253.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Employee benefits</a></td>
<td class="nump">2,161.1<span></span>
</td>
<td class="nump">3,194.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxLiabilities', window );">Deferred tax assets</a></td>
<td class="nump">3,725.7<span></span>
</td>
<td class="nump">3,214.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation', window );">Income tax and social contribution payable</a></td>
<td class="nump">1,598.7<span></span>
</td>
<td class="nump">1,686.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTaxAndContributionsLiabilitiesNoncurrent', window );">Taxes and contributions payable</a></td>
<td class="nump">671.0<span></span>
</td>
<td class="nump">704.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Trade payables</a></td>
<td class="nump">509.4<span></span>
</td>
<td class="nump">617.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisions', window );">Provisions</a></td>
<td class="nump">739.0<span></span>
</td>
<td class="nump">603.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilities', window );">Put option granted on subsidiaries and other liabilities</a></td>
<td class="nump">1,896.8<span></span>
</td>
<td class="nump">3,445.2<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current liabilities</a></td>
<td class="nump">14,089.8<span></span>
</td>
<td class="nump">15,718.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdrafts</a></td>
<td class="nump">74.3<span></span>
</td>
<td class="nump">30.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Interest-bearing loans and borrowings</a></td>
<td class="nump">982.6<span></span>
</td>
<td class="nump">847.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsAccruals', window );">Wages and salaries</a></td>
<td class="nump">2,335.8<span></span>
</td>
<td class="nump">2,439.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentDividendAndInterestPayables', window );">Dividends and interest on shareholders&#8217; equity payable</a></td>
<td class="nump">1,464.8<span></span>
</td>
<td class="nump">1,425.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Derivative financial instruments</a></td>
<td class="nump">729.4<span></span>
</td>
<td class="nump">492.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTaxAndContributionsLiabilitiesCurrent', window );">Income tax and social contribution payable</a></td>
<td class="nump">1,118.6<span></span>
</td>
<td class="nump">1,491.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax', window );">Taxes and contributions payable</a></td>
<td class="nump">5,812.9<span></span>
</td>
<td class="nump">4,585.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade payables</a></td>
<td class="nump">24,328.5<span></span>
</td>
<td class="nump">25,077.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentProvisions', window );">Provisions</a></td>
<td class="nump">180.7<span></span>
</td>
<td class="nump">172.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Put option granted on subsidiaries and other liabilities</a></td>
<td class="nump">3,512.8<span></span>
</td>
<td class="nump">2,304.6<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current liabilities</a></td>
<td class="nump">40,540.4<span></span>
</td>
<td class="nump">38,866.2<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total liabilities</a></td>
<td class="nump">54,630.2<span></span>
</td>
<td class="nump">54,584.9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total equity and liabilities</a></td>
<td class="nump">R$ 137,958.0<span></span>
</td>
<td class="nump">R$ 138,602.5<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CurrentDividendAndInterestPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CurrentDividendAndInterestPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CurrentRecoverablesFromIncomeTaxAndSocialContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CurrentTaxAndContributionsLiabilitiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CurrentTaxAndContributionsLiabilitiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CurrentTaxAndContributionsLiabilitiesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CurrentTaxAndContributionsLiabilitiesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CurrentTaxAndContributionsLiabilitiesNoncurrentSpecialProgramForTaxRegulation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NoncurrentRecoverablesFromIncomeTaxAndSocialContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NoncurrentRecoverablesFromIncomeTaxAndSocialContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ReserveOfCarryingValueAdjustments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ReserveOfCarryingValueAdjustments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that has been withdrawn from an account in excess of existing cash balances. This is considered a short-term extension of credit by the bank. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BankOverdraftsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CapitalReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the capital reserves.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CapitalReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings and current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial liabilities. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current investments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.
Effective 2023-01-01: The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have the right at the end of the reporting period to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables on social security and taxes other than incomes tax. [Refer: Payables on social security and taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPayablesOnSocialSecurityAndTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions, including provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph r<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_r&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Goodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 134<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 135<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2022-03-24<br> -Paragraph B67<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 36<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 68<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in associates in an entity's separate financial statements. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of a present obligation of the entity to transfer an economic resource as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax assets net of deferred tax liabilities, when the absolute amount of deferred tax assets is greater than the absolute amount of deferred tax liabilities. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities net of deferred tax assets, when the absolute amount of deferred tax liabilities is greater than the absolute amount of deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 12<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2022-03-24<br> -Paragraph 22<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=10&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph q<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial liabilities. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentHeldtomaturityInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current held-to-maturity investments. [Refer: Held-to-maturity investments]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 8<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_8_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentHeldtomaturityInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 69<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade payables and non-current other payables. [Refer: Other non-current payables; Non-current trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions, including provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current net defined benefit asset. [Refer: Net defined benefit asset]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRecognisedAssetsDefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets that the entity does not separately disclose in the same statement or note. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets that the entity does not separately disclose in the same statement or note. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermEmployeeBenefitsAccruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of accruals for employee benefits (other than termination benefits) that are expected to be settled wholly within twelve months after the end of the annual reporting period in which the employees render the related services. [Refer: Accruals classified as current]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsAccruals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_StatementOfFinancialPositionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfFinancialPositionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446361888">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2"><div>Issued capital [member]</div></th>
<th class="th"><div>Capital reserve [member]</div></th>
<th class="th"><div>Net Income Reserves [Member]</div></th>
<th class="th"><div>Retained earnings [member]</div></th>
<th class="th"><div>Carrying Value Adjustments [Member]</div></th>
<th class="th"><div>Equity attributable to owners of parent [member]</div></th>
<th class="th"><div>Non-controlling interests [member]</div></th>
<th class="th"><div>Total</div></th>
</tr>
<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022 at Dec. 31, 2019</a></td>
<td class="nump">R$ 57,866.8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 54,811.5<span></span>
</td>
<td class="nump">R$ 20,874.2<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">R$ (72,274.5)<span></span>
</td>
<td class="nump">R$ 61,278.0<span></span>
</td>
<td class="nump">R$ 1,278.0<span></span>
</td>
<td class="nump">R$ 62,556.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">&#160;Net Income</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11,379.4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11,379.4<span></span>
</td>
<td class="nump">352.5<span></span>
</td>
<td class="nump">11,731.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">7,493.1<span></span>
</td>
<td class="nump">7,493.1<span></span>
</td>
<td class="nump">193.1<span></span>
</td>
<td class="nump">7,686.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">99.4<span></span>
</td>
<td class="nump">99.4<span></span>
</td>
<td class="nump">2.0<span></span>
</td>
<td class="nump">101.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(252.3)<span></span>
</td>
<td class="num">(252.3)<span></span>
</td>
<td class="num">(5.7)<span></span>
</td>
<td class="num">(258.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11,379.4<span></span>
</td>
<td class="nump">7,340.2<span></span>
</td>
<td class="nump">18,719.6<span></span>
</td>
<td class="nump">541.9<span></span>
</td>
<td class="nump">19,261.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Capital increase (Note 22)</a></td>
<td class="nump">32.3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(32.3)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,344.9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,344.9<span></span>
</td>
<td class="num">(2.5)<span></span>
</td>
<td class="nump">1,342.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary', window );">Options granted on subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(37.4)<span></span>
</td>
<td class="num">(37.4)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(37.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) of controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">0.4<span></span>
</td>
<td class="nump">0.4<span></span>
</td>
<td class="nump">0.5<span></span>
</td>
<td class="nump">0.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(5.9)<span></span>
</td>
<td class="num">(5.9)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(5.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends paid</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,206.9)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,206.9)<span></span>
</td>
<td class="num">(482.4)<span></span>
</td>
<td class="num">(1,689.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity', window );">Interest on shareholder&#180;s equity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6,509.5)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6,509.5)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6,509.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Purchases of shares, results from treasury shares and share-based payments</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">206.4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">206.4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">206.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent', window );">Prescribed/(complementary) dividends</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">26.1<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">26.1<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">26.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11.8<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,332.8<span></span>
</td>
<td class="num">(1,332.8)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="nump">3,713.0<span></span>
</td>
<td class="num">(3,713.0)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022 at Dec. 31, 2020</a></td>
<td class="nump">57,899.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">54,985.6<span></span>
</td>
<td class="nump">25,920.0<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(64,989.0)<span></span>
</td>
<td class="nump">73,815.7<span></span>
</td>
<td class="nump">1,335.5<span></span>
</td>
<td class="nump">75,151.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">&#160;Net Income</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">12,671.0<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">12,671.0<span></span>
</td>
<td class="nump">451.6<span></span>
</td>
<td class="nump">13,122.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,449.7<span></span>
</td>
<td class="nump">2,449.7<span></span>
</td>
<td class="nump">108.3<span></span>
</td>
<td class="nump">2,558.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">480.8<span></span>
</td>
<td class="nump">480.8<span></span>
</td>
<td class="nump">0.5<span></span>
</td>
<td class="nump">481.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">341.8<span></span>
</td>
<td class="nump">341.8<span></span>
</td>
<td class="num">(1.8)<span></span>
</td>
<td class="nump">340.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">12,671.0<span></span>
</td>
<td class="nump">3,272.3<span></span>
</td>
<td class="nump">15,943.3<span></span>
</td>
<td class="nump">558.6<span></span>
</td>
<td class="nump">16,501.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Capital increase (Note 22)</a></td>
<td class="nump">143.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(134.4)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">9.0<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">9.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,063.7<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,063.7<span></span>
</td>
<td class="nump">21.4<span></span>
</td>
<td class="nump">2,085.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary', window );">Options granted on subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1.9)<span></span>
</td>
<td class="num">(1.9)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) of controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(46.2)<span></span>
</td>
<td class="num">(46.2)<span></span>
</td>
<td class="nump">8.6<span></span>
</td>
<td class="num">(37.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1.7)<span></span>
</td>
<td class="num">(1.7)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends paid</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2,099.5)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2,099.5)<span></span>
</td>
<td class="num">(549.5)<span></span>
</td>
<td class="num">(2,649.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity', window );">Interest on shareholder&#180;s equity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(7,400.1)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(7,400.1)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(7,400.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Purchases of shares, results from treasury shares and share-based payments</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">336.0<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">336.0<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">336.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent', window );">Prescribed/(complementary) dividends</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">24.7<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">24.7<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">24.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11.8<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,423.5<span></span>
</td>
<td class="num">(1,423.5)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="nump">3,848.1<span></span>
</td>
<td class="num">(3,848.1)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022 at Dec. 31, 2021</a></td>
<td class="nump">58,042.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">55,187.2<span></span>
</td>
<td class="nump">31,191.6<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(61,778.3)<span></span>
</td>
<td class="nump">82,643.0<span></span>
</td>
<td class="nump">1,374.6<span></span>
</td>
<td class="nump">84,017.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">&#160;Net Income</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">14,457.9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">14,457.9<span></span>
</td>
<td class="nump">433.3<span></span>
</td>
<td class="nump">14,891.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6,772.2)<span></span>
</td>
<td class="num">(6,772.2)<span></span>
</td>
<td class="num">(91.0)<span></span>
</td>
<td class="num">(6,863.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(316.7)<span></span>
</td>
<td class="num">(316.7)<span></span>
</td>
<td class="num">(2.0)<span></span>
</td>
<td class="num">(318.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">466.5<span></span>
</td>
<td class="nump">466.5<span></span>
</td>
<td class="nump">4.2<span></span>
</td>
<td class="nump">470.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">14,457.9<span></span>
</td>
<td class="num">(6,622.4)<span></span>
</td>
<td class="nump">7,835.5<span></span>
</td>
<td class="nump">344.5<span></span>
</td>
<td class="nump">8,180.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Capital increase (Note 22)</a></td>
<td class="nump">88.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(64.3)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">23.7<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">23.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">3,224.5<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">3,224.5<span></span>
</td>
<td class="nump">9.2<span></span>
</td>
<td class="nump">3,233.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) of controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2.8)<span></span>
</td>
<td class="num">(2.8)<span></span>
</td>
<td class="num">(0.3)<span></span>
</td>
<td class="num">(3.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6.2)<span></span>
</td>
<td class="num">(6.2)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends paid</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(357.4)<span></span>
</td>
<td class="num">(357.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity', window );">Interest on shareholder&#180;s equity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(11,999.8)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(11,999.8)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(11,999.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions', window );">Purchases of shares, results from treasury shares and share-based payments</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">216.8<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">216.8<span></span>
</td>
<td class="nump">1.6<span></span>
</td>
<td class="nump">218.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent', window );">Prescribed/(complementary) dividends</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">20.9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">20.9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">20.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting (Note 22)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11.8<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="nump">2,018.6<span></span>
</td>
<td class="num">(2,018.6)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="nump">3,696.7<span></span>
</td>
<td class="num">(3,696.7)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rc">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022 at Dec. 31, 2022</a></td>
<td class="nump">R$ 58,130.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 55,339.7<span></span>
</td>
<td class="nump">R$ 36,906.9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">R$ (68,421.5)<span></span>
</td>
<td class="nump">R$ 81,955.6<span></span>
</td>
<td class="nump">R$ 1,372.2<span></span>
</td>
<td class="nump">R$ 83,327.8<span></span>
</td>
</tr>
<tr><td colspan="10"></td></tr>
<tr><td colspan="10"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Capital increase related to the issue of shares.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">The capital stock is fully subscribed and paid up.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of adjustments to equity from options granted on subsidiary.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdjustmentsToEquityOptionsGrantedOnSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents the amount attributable to cumulative effect of inflation accounting and financial reporting in hyperinflationary economies</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CumulativeEffectOfInflationAccountingAndFinancialReportingInHyperinflationaryEconomies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in equity resulting from tax on fictitious dividends.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseInFiscalIncentiveReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the fiscal incentive reserve.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseInFiscalIncentiveReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseInvestmentsReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investments reserve.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseInvestmentsReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the entity's equity resulting from the change in the shareholder's equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseThroughChangeInShareholdersEquityEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The reversal effect revaluation of fixed assets under the predecessor basis accounting.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 107<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_107&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to owners of the parent. [Refer: Parent [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from transactions with owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from treasury share transactions. [Refer: Equity; Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssueOfEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of equity instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssueOfEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to exchange differences when financial statements of foreign operations are translated. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) in relation to changes in the revaluation surplus of property, plant and equipment, right-of-use assets and intangible assets. [Refer: Other comprehensive income; Revaluation surplus]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 18<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2022-03-24<br> -Paragraph 39L<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2022-03-24<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446197584">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF CASH FLOWS - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_StatementOfCashFlowsAbstract', window );"><strong>Statement of cash flows [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="nump">R$ 14,891.2<span></span>
</td>
<td class="nump">R$ 13,122.6<span></span>
</td>
<td class="nump">R$ 11,731.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="nump">5,956.3<span></span>
</td>
<td class="nump">5,396.7<span></span>
</td>
<td class="nump">5,167.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories', window );">Impairment losses on receivables and inventory</a></td>
<td class="nump">351.8<span></span>
</td>
<td class="nump">200.8<span></span>
</td>
<td class="nump">296.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities', window );">Additions/(reversals) in provisions and employee benefits</a></td>
<td class="nump">232.7<span></span>
</td>
<td class="nump">244.6<span></span>
</td>
<td class="nump">239.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForFinanceIncomeCost', window );">Net finance costs</a></td>
<td class="nump">3,423.1<span></span>
</td>
<td class="nump">3,205.4<span></span>
</td>
<td class="nump">2,434.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment', window );">Losses/(gains) on sale of property, plant and equipment and intangible assets</a></td>
<td class="num">(88.8)<span></span>
</td>
<td class="num">(142.8)<span></span>
</td>
<td class="num">(78.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Equity-settled share-based payment expenses</a></td>
<td class="nump">313.9<span></span>
</td>
<td class="nump">387.6<span></span>
</td>
<td class="nump">208.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncomeTaxExpense', window );">Income tax expense</a></td>
<td class="num">(655.6)<span></span>
</td>
<td class="nump">636.6<span></span>
</td>
<td class="nump">1,762.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of result of joint ventures</a></td>
<td class="nump">29.1<span></span>
</td>
<td class="nump">115.7<span></span>
</td>
<td class="nump">43.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_HedgeOperationsResults', window );">Hedge operations results</a></td>
<td class="num">(466.6)<span></span>
</td>
<td class="num">(1,852.2)<span></span>
</td>
<td class="num">(1,769.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherAdjustmentsForNoncashItems', window );">Other non-cash items included in profit</a></td>
<td class="num">(17.4)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital', window );">Cash flow from operating activities before changes in working capital and use of provisions</a></td>
<td class="nump">23,969.7<span></span>
</td>
<td class="nump">21,315.0<span></span>
</td>
<td class="nump">20,035.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables', window );">(Increase)/decrease in trade and other receivables</a></td>
<td class="num">(322.5)<span></span>
</td>
<td class="nump">341.4<span></span>
</td>
<td class="num">(848.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories', window );">(Increase)/decrease in inventories</a></td>
<td class="num">(3,088.0)<span></span>
</td>
<td class="num">(3,499.5)<span></span>
</td>
<td class="num">(1,303.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables', window );">Increase/(decrease) in trade and other payables</a></td>
<td class="nump">726.6<span></span>
</td>
<td class="nump">6,157.5<span></span>
</td>
<td class="nump">3,049.8<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperations', window );">Cash generated from operations</a></td>
<td class="nump">21,285.8<span></span>
</td>
<td class="nump">24,314.4<span></span>
</td>
<td class="nump">20,933.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestPaidClassifiedAsOperatingActivities', window );">Interest paid</a></td>
<td class="num">(826.3)<span></span>
</td>
<td class="num">(498.2)<span></span>
</td>
<td class="num">(768.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestReceivedClassifiedAsOperatingActivities', window );">Interest received</a></td>
<td class="nump">1,095.0<span></span>
</td>
<td class="nump">377.1<span></span>
</td>
<td class="nump">320.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities', window );">Dividends received</a></td>
<td class="nump">6.6<span></span>
</td>
<td class="nump">13.1<span></span>
</td>
<td class="nump">13.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities', window );">Income tax paid</a></td>
<td class="num">(919.0)<span></span>
</td>
<td class="num">(1,305.1)<span></span>
</td>
<td class="num">(1,642.5)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash flow from operating activities</a></td>
<td class="nump">20,642.1<span></span>
</td>
<td class="nump">22,901.3<span></span>
</td>
<td class="nump">18,855.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets', window );">Proceeds from sales of property, plant and equipment and intangible assets</a></td>
<td class="nump">133.9<span></span>
</td>
<td class="nump">301.7<span></span>
</td>
<td class="nump">108.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOfInterestsInAssociates', window );">Proceeds from sales of subsidiaries&#8217; operations</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">0.5<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets', window );">Acquisitions of property, plant and equipment and intangible assets</a></td>
<td class="num">(6,533.1)<span></span>
</td>
<td class="num">(7,677.1)<span></span>
</td>
<td class="num">(4,692.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Acquisitions of subsidiaries, net of cash acquired</a></td>
<td class="num">(3.0)<span></span>
</td>
<td class="num">(133.8)<span></span>
</td>
<td class="num">(431.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities', window );">Acquisitions of other investments</a></td>
<td class="num">(30.0)<span></span>
</td>
<td class="num">(5.3)<span></span>
</td>
<td class="num">(19.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities', window );">Investments in short-term debt securities and net proceeds/(acquisitions) of debt securities</a></td>
<td class="nump">1,413.0<span></span>
</td>
<td class="num">(236.0)<span></span>
</td>
<td class="num">(1,764.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetProceedsAcquisitionOfOtherAssets', window );">Net proceeds/(acquisitions) of other assets</a></td>
<td class="nump">15.0<span></span>
</td>
<td class="nump">15.0<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash flow from investing activities</a></td>
<td class="num">(5,004.2)<span></span>
</td>
<td class="num">(7,735.0)<span></span>
</td>
<td class="num">(6,799.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromIssueOfOrdinaryShares', window );">Capital increase</a></td>
<td class="nump">23.8<span></span>
</td>
<td class="nump">9.1<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities', window );">Capital increase/(decrease) of non-controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">0.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProceedsFromRepurchasesOfTreasuryShares', window );">Proceeds/(repurchases) of treasury shares</a></td>
<td class="num">(54.1)<span></span>
</td>
<td class="num">(44.2)<span></span>
</td>
<td class="num">(7.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares', window );">Acquisitions of non-controlling interest</a></td>
<td class="num">(0.1)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Proceeds from borrowings</a></td>
<td class="nump">274.9<span></span>
</td>
<td class="nump">315.2<span></span>
</td>
<td class="nump">3,767.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment of borrowings</a></td>
<td class="num">(230.2)<span></span>
</td>
<td class="num">(2,454.0)<span></span>
</td>
<td class="num">(2,042.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PaymentsOnNetOfFinanceCostsOtherThanInterests', window );">Cash net of finance costs other than interests</a></td>
<td class="num">(3,255.1)<span></span>
</td>
<td class="num">(2,089.6)<span></span>
</td>
<td class="num">(2,971.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities', window );">Payment of lease liabilities</a></td>
<td class="num">(854.7)<span></span>
</td>
<td class="num">(663.2)<span></span>
</td>
<td class="num">(498.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsAndInterestPaidOnShareholdersEquity', window );">Dividends and interest on shareholders&#8217; equity paid</a></td>
<td class="num">(12,242.3)<span></span>
</td>
<td class="num">(11,115.3)<span></span>
</td>
<td class="num">(6,850.3)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash flow from financing activities</a></td>
<td class="num">(16,337.8)<span></span>
</td>
<td class="num">(16,042.0)<span></span>
</td>
<td class="num">(8,602.0)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net increase/(decrease) in cash and cash equivalents</a></td>
<td class="num">(699.9)<span></span>
</td>
<td class="num">(875.7)<span></span>
</td>
<td class="nump">3,454.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CashAndCashEquivalentsAfterBankOverdrafts', window );">Cash and cash equivalents less bank overdrafts at the beginning of the year</a></td>
<td class="nump">16,597.2<span></span>
</td>
<td class="nump">17,090.3<span></span>
</td>
<td class="nump">11,900.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Effect of exchange rate fluctuations on cash and cash equivalents</a></td>
<td class="num">(1,045.2)<span></span>
</td>
<td class="nump">382.6<span></span>
</td>
<td class="nump">1,735.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CashAndCashEquivalentsAfterBankOverdrafts', window );">Cash and cash equivalents less bank overdrafts at the end of the year</a></td>
<td class="nump">R$ 14,852.1<span></span>
</td>
<td class="nump">R$ 16,597.2<span></span>
</td>
<td class="nump">R$ 17,090.3<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossReceivablesAndInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdjustmentsForIncreaseDecreaseInProvisionsAndEmployeeBenefitLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CashAndCashEquivalentsAfterBankOverdrafts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CashAndCashEquivalentsAfterBankOverdrafts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DividendsAndInterestPaidOnShareholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DividendsAndInterestPaidOnShareholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_HedgeOperationsResults">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_HedgeOperationsResults</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NetProceedsAcquisitionOfOtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NetProceedsAcquisitionOfOtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PaymentsOnNetOfFinanceCostsOtherThanInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PaymentsOnNetOfFinanceCostsOtherThanInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProceedsFromRepurchasesOfTreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProceedsFromRepurchasesOfTreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Inventories; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in trade and other receivables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other receivables; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for depreciation and amortisation expense and impairment loss (reversal of impairment loss) to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Impairment loss; Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForFinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for net finance income or cost to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Finance income (cost); Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForFinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gain (loss) on disposals of property, plant and equipment to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss); Property, plant and equipment; Disposals, property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncomeTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for income tax expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 35<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncomeTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in trade and other payables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other payables; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForSharebasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for share-based payments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForSharebasedPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 50<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash from (used in) the entity's operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A__IAS07_IE_A_TI<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow (outflow) from the entity's operations before changes in working capital.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS07_IE_A__IAS07_IE_A_TI<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The aggregate cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 39<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_39&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceivedClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from dividends received, classified as operating activities. [Refer: Dividends received]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceivedClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash flows from income taxes paid or refunded, classified as operating activities. [Refer: Income taxes paid (refund)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 35<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 14<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_14_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents after the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestPaidClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid, classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestPaidClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestReceivedClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from interest received, classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestReceivedClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherAdjustmentsForNoncashItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for non-cash items to reconcile profit (loss) to net cash flow from (used in) operating activities that the entity does not separately disclose in the same statement or note. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherAdjustmentsForNoncashItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire equity or debt instruments of other entities (other than payments for those instruments considered to be cash equivalents or those held for dealing or trading purposes), classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 16<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_16_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire or redeem entity's shares.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsToAcquireOrRedeemEntitysShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from the disposal of property, plant and equipment, intangible assets other than goodwill, investment property and other non-current assets. [Refer: Intangible assets other than goodwill; Investment property; Other non-current assets; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 16<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromIssueOfOrdinaryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from the issuing of ordinary shares. [Refer: Ordinary shares [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromIssueOfOrdinaryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOfInterestsInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of interests in associates. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 16<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOfInterestsInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 18<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2022-03-24<br> -Paragraph 39L<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2022-03-24<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450397120">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CORPORATE INFORMATION<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureCorporateInformationAbstract', window );"><strong>Corporate Information</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DescriptionOfCorporateInformationTextBlock', window );">CORPORATE INFORMATION</a></td>
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  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>1.</b></span></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_006"/><span id="xdx_822_zgC984SiqBC9">CORPORATE INFORMATION</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(a)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Description of business</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev S.A. (referred to as the &#8220;Company&#8221;
or &#8220;Ambev&#8221;) together with its subsidiaries (the &#8220;Group&#8221; or &#8220;Consolidated&#8221;), headquartered in S&#227;o
Paulo - SP, Brazil, has as its purpose, either directly or through participation in other companies, the production and sale of beer,
draft beer, soft drinks, other non-alcoholic beverages, malt and food in general, as well as the advertising of its own and of third party
products, the sale of promotional and advertising materials and the direct or indirect exploitation of bars, restaurants, snack bars and
similar establishments, among others.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s shares and American Depositary Receipts
(&#8220;ADRs&#8221;) are listed on the Brasil, Bolsa, Balc&#227;o S.A. (&#8220;B3&#8221;) under the ticker &#8220;ABEV3&#8221; and on
the New York Stock Exchange (&#8220;NYSE&#8221;) under the ticker &#8220;ABEV&#8221;, respectively.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s direct controlling shareholders are
Interbrew International B.V. (&#8220;ITW International&#8221;), AmBrew S.&#224;.r.l (&#8220;Ambrew&#8221;), both of which are subsidiaries
of Anheuser-Busch InBev N.V. (&#8220;AB InBev&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The consolidated financial statements were authorized
for issue by the Board of Directors on March 15, 2023.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Major corporate events in 2022, 2021 and 2020 </b></span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Tax Credits - 2022</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">After the decision of the Federal Supreme Court (&#8220;STF&#8221;)
in the judgment of RE 574,706/PR, rendered in 2017 and ratified in May 2021, which declared the unconstitutionality of the inclusion of
the ICMS in the taxable base of PIS and COFINS, the General Attorney&#8217;s Office (&#8220;PGFN&#8221;), with binding effects, ruled
on the content and effects of this decision. The PGFN normative (PGFN Opinion 14,483/2021, which approved and complemented PGFN Opinion
No. 12,943/2021) presented its understanding of the limits of the judgment and equated the procedures that must be observed by the Tax
Administration in relation to the matter, especially with regard to issues related to the ICMS to be excluded from the taxable base of
PIS and COFINS, temporal aspects regarding the applicability of the STF understanding (modulation of effects) and the impacts of said
exclusion on the credits recorded by the purchasers upon acquisitions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Considering the consolidation of PGFN's understanding
on the subject with biding effects, with important clarifications regarding the content and effects of the decision rendered by the STF
in the context of RE 574,706/PR, the Company carried out a set of analyses, with the support of its legal advisors and external consultants,
with the purpose</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">of deepening and exhausting all legal issues related
to a specific portion of its transactions, which, as they involve transactions between subsidiaries, present greater complexity in terms
of quantification of recoverable credit, notably considering aspects related to the system of non-cumulative calculation of PIS and COFINS
within a Group structure.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Such analysis presented additional complexity when compared
to the scenarios for recognition of credits resulting from exclusion of ICMS in the tax base of social contributions on gross revenues
(&#8220;PIS and COFINS&#8221;) previously registered by the Company, since it involves transactions with subsidiaries, as mentioned above,
considering the necessity of combining the legal understandings referred to above with the specific taxation regime in which the Company
is inserted.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In the second quarter of 2022, all relevant and necessary
steps were concluded for the fulfillment of the requirements for the accounting recognition of the asset, including its measurement with
reasonable assurance, the gathering of supporting documents and the quantification of the credit, the Company had its 2022 results positively impacted by an additional tax credit of R$<span id="xdx_90B_ecustom--AdditionalTaxCredit_iI_pn8n9_c20221231_zysItaFkVrC1" title="Additional tax credit">1.2</span> billion.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">With respect to the amount referred to above, R$<span id="xdx_90C_ecustom--OtherOperatingIncomes_pn8n9_c20220101__20221231_z6kc9dkSJ9ye" title="Other operating income">0.9
</span>billion was recorded in Other Operating Income, as described in Financial Statement Note 7 &#8211; <i>Other Operating Income/(Expenses),
</i>and R$<span id="xdx_90E_eifrs-full--InsuranceFinanceIncomeExpenses_pn8n9_c20220101__20221231_zixEtifav8i6" title="Finance expenses and income">0.3</span> billion in
Financial Income, as described in Note 11 &#8211; <i>Financial Expenses and Income</i>.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>COVID-19 pandemic impacts</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0">The impact of
the pandemic on our operations and the restrictions imposed in response by national governments, especially since March 2020, have
generated significant changes in market dynamics both in the off-trade sales channel, mainly comprised of supermarkets, and in the
on-trade channel, which consists of bars and restaurants. In each case, the more severe the restrictions on the marketing and
consumption of our products, the greater the reduction in volume, which is why Bolivia and Panama were the most affected countries,
especially in the fiscal year 2021. On the other hand, we observed an increase in sales related to e-commerce in all countries,
although this channel represents a small portion of the Company&#8217;s total volume.</p>

<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0">In early 2022, our operations,
mainly in Brazil, were impacted by the spread of the Omicron variant of COVID-19, which, combined with factors such as unfavorable</p>




<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0">weather, negatively
impacted our sales. From the second quarter on, with the progress of the vaccination programs and the greater control over the advance
of the COVID-19 pandemic, there was a relaxation of the restrictions in the regions in which we operate, favoring the recovery of the
on-trade channel, despite the uncertainty about how the consumption recovery will evolve in each of these territories.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In Brazil, the consistent implementation of the Company's
strategy combined with the context of relaxed restrictions and the return of occasions for out-of-home consumption generated a positive
volume trend, with growth in both volume and net revenue compared to the same period of 2021. In the event that circumstances related to
the COVID-19 pandemic evolve, government authorities may implement emergency measures to mitigate the spread of the disease. The pandemic
and corresponding mitigation measures may have an adverse impact on global economic conditions as well as the Company's business. The
extent of the pandemic COVID-19 impact on the Company's business will depend on future developments, such as the duration of further outbreaks,
any possible trade shutdowns and restrictions, and the effectiveness of actions taken in the regions where we operate and in other countries
to contain and treat the disease. As such events are highly uncertain, the Company cannot determine their financial impact at this moment.
Any adverse impacts could result in a material adverse effect on our business, liquidity, financial condition and results of operations.
However, we continue to manage our cash and capital resources with discipline, and management concludes that there is no doubt about the
Company's ability to continue operations.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As required by IAS 1 - <i>Presentation of Financial Statements</i>,
the Company updated the analysis of the impact of COVID-19, as at December 31, 2022, which mainly involved, (i) a review of the assumptions
of the annual impairment test, as described in Note 14 - <i>Goodwill</i>, (ii) an analysis of possible credit losses and inventory obsolescence,
(iii) an analysis of the recoverability of deferred taxes, and (iv) the evaluation of the relevant estimates used for the preparation
of the financial statements, among other analyses.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Any impacts arising from these analyses are reflected
in the financial statements and disclosed in explanatory notes. In addition, due to the protective actions taken for its staff and the
donations made by its community, the Company incurred exceptional expenses of R$16.7, at December 31, 2022, as reported in Note 8 - <i>Exceptional
items</i>.</p>







<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>Share buyback program</b></p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">The Board of Directors, in a meeting held on March 18,
2021, approved, pursuant to article 30, 1<sup>st</sup> Paragraph, &#8220;b&#8221;, of Law 6,404/76 and CVM Instruction 567/15 (revoked
by CVM Resolution 77/22), a share buyback program of shares issued by the Company (&#8220;Program&#8221;) up to the limit of <span id="xdx_909_ecustom--StockRepurchaseProgramSharesAuthorized_iI_pip0_c20210318_zyWfWHO2lhAg">5,700,000
</span>common shares, with the primary purpose of covering any share delivery requirements contemplated in the Company's share-based
compensation plans or to be held in treasury, canceled and/or subsequently transferred. The program was closed in September 18, 2022,
according to the deadline previously disclosed by the Company at the Material Fact disclosed to market on March 18, 2021. At the same
date, the Company had <span id="xdx_902_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20210318_z4bh7Vzlkgp5">4,357,308,131</span> outstanding
shares as defined in CVM Instruction 567/15 (revoked by CVM Resolution 77/22). The acquisitions occurred in 2022 and 2021 fiscal years
as per a deduction of the capital reserve account recorded in the balance sheets dated as at December 31, 2022 and 2021, respectively.
The transaction was carried out through the following financial institutions: UBS Brasil Corretora de C&#226;mbio, T&#237;tulos e
Valores Mobili&#225;rios S.A. and Ita&#250; Corretora de Valores S.A.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>Renegotiation of Tenedora&#8217;s shareholders agreement</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">The Company and E. Le&#243;n Jimenes, S.A. (&#8220;ELJ&#8221;),
as the shareholders of Tenedora CND, S.A. (&#8220;Tenedora&#8221;), a holding company headquartered in the Dominican Republic, the owner
of almost the entire share capital of Cervecer&#237;a Nacional Dominicana, S.A., on July 2, 2020, signed the second amendment to Tenedora&#8217;s
Shareholders Agreement (the &#8220;Shareholders Agreement&#8221;), extending their partnership in the country and postponing the terms
of the put and call options defined in the original Agreement. ELJ is currently the owner of <span id="xdx_90C_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zlZ7LtOiOadi" title="Put options, exercisable number of shares, percent of outstanding stock">15</span>% of Tenedora&#8217;s shares, and its put
option is now divided into two tranches: (i) Tranche A, corresponding to <span id="xdx_900_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheAMember__dei--LegalEntityAxis__custom--ELJMember_zFIOkuTOt4Ld" title="Put options, exercisable number of shares, percent of outstanding stock">12.11</span>% of the shares, exercisable in 2022, 2023 and 2024; and
(ii) Tranche B, corresponding to <span id="xdx_900_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheBMember__dei--LegalEntityAxis__custom--ELJMember_zB9QQvEXG5Zf" title="Put options, exercisable number of shares, percent of outstanding stock">2.89</span>% of the shares, exercisable starting in 2026. The Company, on the other hand, has a call option
over the Tranche A shares exercisable starting in 2021 and over the Tranche B shares to be exercised starting in 2029.</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">At December 31, 2022, there were no exercises for these
options. The details of the assumptions used for these options are described in Note 28 (Item IV (d)).</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"><b>Distribution agreement Cervecer&#237;a Chile S.A.</b></p>

<p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/112% Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0">On August 16, 2020,
Cervecer&#237;a Chile S.A., a Chilean subsidiary of the Company, entered into a long-term distribution agreement with Embotelladora
Andina S.A., Coca-Cola Embonor S.A. and Embotelladora Iquique S.A. (the &#8220;Distributors&#8221;), by which the Distributors were granted
the right to sell and distribute certain products within the Company&#8217;s portfolio, with exclusivity in specific zones and sales
channels in Chile.</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Addendum to the agreement with PepsiCo Bolivia</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The long-term agreement with PepsiCo, under which the
Cervecer&#237;a Boliviana Nacional, a subsidiary of the Company in Bolivia, has the exclusive right to produce, sell and distribute
certain brands from PepsiCo&#8217;s portfolio in Bolivia, was amended on June 1, 2020, extending the agreement for a further ten years
and reflecting certain changes in the trade agreement between the parties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>New acquisitions </b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">On January 22, 2020, the company, through its subsidiary
Labatt Brewing Company Limited, acquired G&amp;W Distilling Inc., a company that produces a portfolio of ready-to-drink alcoholic beverages.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"><b>Exchange contracts for future financial
flows - Equity Swaps</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">On May 13, 2020 and on December 9, 2020, the Board of
Directors of Ambev approved equity-swap contracts, without impact on the liquidation, on the regulatory deadline, of the equity-swap contracts
which were still in force. The settlement of these equity-swap contracts is to take place over a maximum term of <span id="xdx_90D_ecustom--MaximumTermOfEquitySwapAgreement_dtM_c20201201__20201231_zKmUr4zzHrL3" title="Maximum term of equity swap agreement (Month)">18</span> months from the date
of approval, and such contracts may result to exposure of up to <span id="xdx_901_ecustom--MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_iI_pn6n6_c20200513_zg4u4KJHlO2i" title="Maximum exposure of common shares under a equity swap agreement (in shares)">65</span> million common shares (all or part of which may be in the form of ADRs),
up to a value limit of R$1.0 billion and <span id="xdx_904_ecustom--MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_iI_pn6n6_c20201209_zskRCN7lXFq3" title="Maximum exposure of common shares under a equity swap agreement (in shares)">80</span> million common shares (all or part of which may be in the form of ADRs), up to a value limit
of R$1.2 billion, respectively. These contracts were settled during the year 2021, and on December 31, 2021, there is no balance or pending
issue regarding these equity swap contracts.</p>

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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>STATEMENT OF COMPLIANCE<br></strong></div></th>
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<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The consolidated financial statements have been prepared
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(&#8220;IFRS&#8221;) issued by the International Accounting Standards Board (&#8220;IASB&#8221;), effective as at December 31, 2022 and
disclose all (and only) the applicable significant information related to the financial statements, which is consistent with the information
utilized by Management in the performance of its duties.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>An explicit and unreserved statement of compliance with all the requirements of IFRSs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 16<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449764368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<br></strong></div></th>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There were no significant changes in the accounting policies
and calculation methods used for the annual financial statements as at December 31, 2022 compared to those presented in the financial
statements for the years ended December 31, 2021 and 2020.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>






<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory_zzvbcMbEIpM3" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(a)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86E_zSZQVPWGa5t">Basis of preparation and measurement</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><span style="color: windowtext">The financial
statements are presented in </span>millions <span style="color: windowtext">of Brazilian Reais (&#8220;R$&#8221;), unless otherwise indicated,
rounded to the nearest million. The measurement basis used in preparing the financial statements is the historical cost, net realizable
value, fair value or recoverable amount.</span></p>

<p id="xdx_842_ecustom--DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock_z9JqTn8c9fD8" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86B_zDfkfABorj1g">Recently issued IFRS</span></b></span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The revised standards and new standards, which
became effective in 2022 are not applicable or did not have any material impact for the Company for the preparation of these
consolidated financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Other Standards, Interpretations and Amendments to
Standards </b></p>

<p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There are no other Standards, Interpretations and/or
Amendments to Standards that are not in force and that the Company expects to have a material impact resulting from their application
in the consolidated financial statements.</p>

<p id="xdx_843_ecustom--DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock_zsw32HMaaBc3" style="font: 12pt/115% Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(c)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_860_zsOf9V94oOvd">Consolidated financial statements</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The financial statements of subsidiaries, joint arrangements
and associates used in these consolidated financial statements are prepared for the same reporting period as Ambev, using a consistent
accounting policy.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">All intercompany transactions, balances and unrealized
gains or losses on transactions between group companies have been eliminated.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Subsidiaries</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company controls an entity when it is exposed to
or has rights to variable returns due to its involvement with the entity, and it is able to affect those returns through its power over
the entity. When assessing control, potential voting rights are considered. Control is presumed to exist where the Company owns, directly
or indirectly, more than half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated
that such ownership does not confer control.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Subsidiaries are consolidated from the date on which
control is obtained by the Company, except when the predecessor basis of accounting is applied to transactions of business combinations
under common control. Consolidation is discontinued from the date on which control ceases.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev uses the purchase method to account for its business
combinations. The consideration transferred for the acquisition of a subsidiary represents the fair value of the assets transferred, the
liabilities incurred, and the equity interest issued by Ambev.</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The consideration transferred includes the fair
value of any asset or liability resulting from a contingent consideration agreement, when applicable. Costs related to the
acquisition are recognized in income as they are incurred. Assets, liabilities and contingent liabilities acquired or assumed in a
business combination are recognized initially at their fair value as at the acquisition date. Ambev recognizes the non-controlling
interest in the acquiree, either at its fair value or at the non-controlling interest&#8217;s proportional share of the net assets
acquired. The measurement of the non-controlling interest to be recognized is determined for each acquisition.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The excess of: (i) the consideration paid; plus (ii)
the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any
previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired, at the date of acquisition, is
recorded as goodwill. When the consideration transferred is less than the fair value of the net assets acquired, the difference is recognized
directly in income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">All intercompany transactions, balances and unrealized gains
and losses on transactions between group companies have been eliminated. Unrealized losses are eliminated in the same way as unrealized
gains, but only to the extent that there is no evidence of impairment.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Associates</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Associates are companies which the Company has significant
influence over the financial and operational policies but does not control.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The list of main associates and subsidiaries are disclosed
in note 32 - <i>Group Companies</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Joint arrangements</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Joint arrangements are all entities over which the Company
shares control with one or more parties. Joint arrangements are classified either as joint operations or joint ventures depending on the
contractual rights and obligations of each investor.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Business combination between entities under common
control</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">Business combinations between entities
under common control have not been addressed under IFRS how they should be disclosed remains unclear. IFRS 3 - <i>Business Combinations
</i>is the standard applicable to business combinations, but its scope explicitly excludes business combinations between entities under
common control, thus, in evaluating transactions of this nature, Management&#8217;s judgment is required to adequately reflect the essence
and economic reality of each transaction.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"><b>i) Predecessor basis of accounting</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">In accordance with IAS 8, Management has
adopted the predecessor basis of accounting, which is consistent with United States Generally Accepted Accounting Principles (&#8220;USGAAP&#8221;)
and United Kingdom Generally Accepted Accounting Principles (&#8220;UKGAAP&#8221;), to record the carrying amount of the asset received,
as recorded by the parent company.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the predecessor basis of accounting, when accounting
for a transfer of assets between entities under common control, the entity that receives the net assets or the equity interests (the acquirer)
shall initially record the assets and liabilities transferred at their parent book value as at the transfer date. If the book value of
the assets and liabilities transferred by the parent is different from the historical cost recorded by the controlling entity of the entities
under common control (the ultimate parent), the financial statements of the acquirer shall reflect the assets and liabilities transferred
at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the carrying value adjustments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>ii) Assets Swap</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For transactions between entities under common control
that involve the disposal or transfer of assets from the subsidiary to its parent company (i.e. above the level of the consolidated financial
statements), the Company assesses the existence of: (i) any conflicts of interest; and (ii) the economic substance and purpose of the
transaction. Having fulfilled these assumptions, the Company adopted as a policy the concepts of IAS 16 in order to provide adequate visibility
and a fair impact on the amount of distributable results to its shareholders, specially the non-controlling interest. This policy also
includes assets acquired through the swapping of non-cash assets, or swaps with a combination of cash and non-cash assets. The assets
swapped may be of the same or a different nature. The cost of such assets is measured at fair value, unless: (i) the swap transaction
is not commercial in nature; or (ii) the fair value of the asset received (and the asset assigned) cannot be reliably measured. The acquired
asset is measured in this way even if the assignor entity cannot immediately remove the asset from its books. If the acquired asset is
not measurable at fair value, its cost is determined based on the book value of the assigned asset.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Whenever assets distributed are not recorded as cash, the
asset, before distribution, is recorded at its fair value in the income account. This procedure is applicable to distributions where the
assets are of the same nature and therefore can be treated equally. However, similarly to IFRIC 17, in the absence of a specific accounting
practice for transactions under common control, the Company applies these procedures as part of its accounting practices. We also apply
the same procedures to sales (products, supplies, etc.) to its controlling entity, where the positive result of the sale is recognized
in income.</p>

<p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_z1MIAztWOkkg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(d)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_863_zCLwIficXUd6">Foreign currency translation</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 46.75pt 0 76.55pt; text-align: justify; text-indent: -76.55pt">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Functional and presentation currency</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The items included in the financial statements of each
subsidiary of the Company are measured using the currency of the primary economic environment in which the entity operates (the &#8220;functional
currency&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The functional and presentation currency of the Company
financial statements is the Brazilian Real.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Transactions and balances</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Foreign currency transactions are accounted for at the
exchange rates prevailing as at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated
using the balance sheet date rate. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign
exchange rate prevailing as at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies stated
at fair value are translated at the exchange rate in force as at the date on which the fair value was determined. Gains and losses arising
from the settlement of transactions in foreign currencies and resulting from the conversion of assets and liabilities denominated in foreign
currencies are recognized in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Foreign exchange gains and losses related to loans and
cash and cash equivalents are presented in the statement of income as finance expenses or finance income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Conversion of the financial statements of subsidiaries located abroad</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Assets and liabilities of subsidiaries located abroad
are translated at the foreign exchange rates prevailing at the balance sheet date, while amounts from the income statement and cash flow
are translated at the average exchange rate for the year, and changes in equity are translated at the historical exchange rate of each
transaction. Translation adjustments arising from the difference between the average exchange rates and the historical rates are recorded
directly in carrying value adjustments.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Upon consolidation, exchange differences arising from
the translation of equity in foreign operations and borrowing and other currency instruments designated as net investment hedges are recognized
in carrying value adjustments, an equity reserve, and included in other comprehensive income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Even when recorded in the acquiring entity, the goodwill
and fair value adjustments arising from the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity
and are translated at the foreign exchange rate at the balance sheet date.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Net investments in foreign operations</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">An entity may have a monetary item receivable from or
payable to a foreign operation, the settlement of which is neither planned nor likely to occur in the foreseeable future, and which does
not include trade receivables or trade payables. Exchange differences arising shall be recognized initially in other comprehensive income
and reclassified from equity to profit or loss upon the disposal of the net investment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Financial reporting in hyperinflationary economies</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Under IAS 29, the non-monetary assets and liabilities,
the equity and the income statement of subsidiaries operating in hyperinflationary economies are restated to reflect changes in the general
purchasing power of the local currency by applying a general price index. The financial statements of an entity whose functional currency
is the currency of a hyperinflationary economy, whether using the historical costs approach or the current costs approach, shall be stated
in terms of the unit of measurement in force at the end of the reporting period, and translated into Reais at the closing rate for the
period.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Exchange rates</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The most significant exchange rates used for the preparation
of the Company&#8217;s financial statements are as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_pn5n6_zyBdoKLTICMl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Significant Exchange Rates (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B1_zEnxg99tLybk" style="display: none">Schedule of exchange rates</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Closing rate</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Currency</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Name</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Country</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">CAD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canada</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zi7BimUtWvO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.8540&#160;</span></td>
    <td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zBlA5Pmqwf22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.3914&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zrQItQhd565c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.0791&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zQH3bsWltl0d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.9807&#160;</span></td>
    <td id="xdx_989_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zFWFzuVjZe3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.2960&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zXtdXsR9Dbe9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.6414&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">DOP</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican republic</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_ztA7UeCXTbJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0925&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zwn5AodgMVH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0970&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zAJv5r4ko3h3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0891&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_z7ioMFwf5NJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0937&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zSZKMyiaw9Pd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0938&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zRGYwqkA0Hj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0885&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">USD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panam&#225; and Cuba</span></td>
    <td id="xdx_985_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_z0ZEbFSvUmEk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.2177&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zkeMH0RxS6Ji" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.5805&#160;</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zBtpSBOeKav7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.1967&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zx3wvrAppGGd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.1644&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zsCkatDgbO3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.3687&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zyVEC1OhJsCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.9348&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">GTQ</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Quetzal</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guatemala</span></td>
    <td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zCURG35pP0rk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6623&#160;</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zyoexf1LC4p5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7201&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zd2zkg83Eci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6700&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zFhS5EoVK9m3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6649&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zwyMY1qLFwH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6954&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_z3WPJxG65KT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6405&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ARS</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentinean Peso&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentina</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zylWLlVSXDa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0295&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zPEeciaXVoy3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0543&#160;</span></td>
    <td id="xdx_984_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zWeyJBSJ7e7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0618&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zHEYHtPTwtoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0403&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgkwh3UdJzCa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0568&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgN3g0DKvXr" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0750&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">BOB</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivian Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivia</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zBz4sXP8V9Df" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7497&#160;</span></td>
    <td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zbZlXVA3yDe6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.8018&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zsNzHQY9D5J6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7467&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zVN6OSBkl2ee" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7420&#160;</span></td>
    <td id="xdx_985_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zMtJ8LjYOOT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7714&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zke75CRqTBY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7090&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">PYG</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guarani</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Paraguay</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zMEbH61vsw1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zaXvytr4S1Sj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0008&#160;</span></td>
    <td id="xdx_983_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zsw1PNeveGzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_z0ll1VugHQmg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIF4OT8fEMR6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0008&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIUCmGn2IImi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">UYU</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguayan Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguay</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zPQRG0HOaLx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1302&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zQ4pnjnXvjMd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1249&#160;</span></td>
    <td id="xdx_98D_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zqmxHVXoFAyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1227&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zY8UeRCFeYw4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1253&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zbaaqDNfxiWj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1236&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zSSokHVpDael" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1218&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">CLP</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Chilean Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Chile</span></td>
    <td id="xdx_987_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zK6v1qxBeOwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0061&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zDv8Icr2Mqk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0066&#160;</span></td>
    <td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zrjoSAEN3fCh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0073&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zg0unEmLab8c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0059&#160;</span></td>
    <td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_z7gD6RaZmk44" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0071&#160;</span></td>
    <td id="xdx_982_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zOknUNBSP1r" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0062&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  </table>
<p id="xdx_8A6_zA1wuxfda8ug" style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zaUKyhizArj1" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(e)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86B_zGUHXU4GLhX1">Segment reporting</span></b></span></td></tr></table>

<p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Reportable segments are identified based on the internal
reporting regularly reviewed by the chief operating decision maker of the Company, the Chief Executive Officer, for the purpose of evaluating
the performance of each segment and allocating resources to those segments. Accordingly, segment information is presented by geographical
area, since the risks and rates of return are affected predominantly by the fact that the Company operates in different regions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Performance information by business unit (Beer and Non-alcoholic
beverages (&#8220;NAB&#8221;)), is also presented to the Company&#8217;s chief decision maker and is disclosed as additional information,
even though it does not qualify as a segment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company conducts its operations across four business
segments, as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Brazil, where the Company operates two business
subunits: (i) beer and (ii) non-alcoholic beverages (NAB);</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Central America and Caribbean (&#8220;CAC&#8221;),
which includes direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador,
Nicaragua and Honduras), Barbados and Panama;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Latin America South (LAS), which includes operations
in Argentina, Bolivia, Chile, Paraguay and Uruguay; and</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Canada, represented by the operations of Labatt
Brewing Company Ltd.</p>

<p id="xdx_84E_ecustom--RevenueRecognitionPolicyTextBlock_z8bfwIZtELQg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(f)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86E_zwlU8ZsdZwQh">Revenue recognition</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes revenue when the amount of revenue
can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the Company, as described
below.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue represents the fair value of the amount received
or receivable upon the sale of products or the rendering of services in the ordinary course of business. Revenue is presented net of taxes,
returns, rebates and discounts, as well as net of the elimination of sales between group companies.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Goods sold</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Revenue is measured based on the consideration which the
Company expects to have the right to receive in contracts with customers and excludes amounts collected on behalf of third parties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue recognition is based on the five-step approach
of IFRS 15 - &#8220;Revenue from Contracts with Customers&#8221;:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Identification of the contract with a customer;</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 21.3pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Identification of the performance obligations in the contract;</span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Determination of the transaction price;</span></td></tr></table>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 36pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Allocation of the transaction price to the performance obligations in the
contracts; and</span></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Revenue recognition when the performance obligations have been satisfied,
meaning when the company transfers control of a product to a customer.</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue from the sale of goods is measured at the amount
that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant
variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. These
trade incentives are treated as variable considerations. If the consideration includes a variable component, the company estimates the
amount of consideration to which it will be entitled for transferring the promised goods or services to the customer. A variable consideration
is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant
future reversals when the respective uncertainty is resolved.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Finance income</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Finance income consists of interest received or receivable
on funds invested, monetary updates arising from legal disputes, foreign exchange gains, gains on currency hedging instruments intended
for offsetting currency losses, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial
assets classified as at fair value through profit or loss, and as any gains due to hedge ineffectiveness.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Interest income is recognized on an accruals basis unless collectability is in
doubt.</p>

<p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForExpensesExplanatory_zOQuARZan3Kb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(g)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_860_z5ykyQJUCbF1">Expenses</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Finance expenses</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Finance expenses comprise interest payable on borrowing,
calculated using the effective interest rate method, present value adjustment for trade payables, foreign exchange losses, losses on
currency hedging instruments intended for the offsetting of currency gains, results on interest rate hedging instruments, losses on hedging
instruments that are not part of a hedge accounting relationship, losses on financial assets classified as held for trading, impairment
losses on financial assets classified as available for sale, and any losses due to hedge ineffectiveness.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">All interest costs incurred in connection with borrowing
or financial transactions are expensed as incurred as part of finance expenses, except when capitalized. Any difference between the initial
amount and the maturity amount of interest-bearing loans and borrowing, such as transaction costs and fair value adjustments, are recognized
in the income statement over the expected life of the instrument based on the effective interest rate method. The interest expenses component
of finance lease payments is also recognized in the income statement using the effective interest rate method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Royalty expenses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Royalties are classified as cost of goods sold.</p>

<p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForExceptionalItemsExplanatory_zIxm7qw063Tb" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(h)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_zQPlFtUaejC7">Exceptional items</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Exceptional items are those that, because of their peculiarities,
in Management&#8217;s judgment need to be disclosed separately. In determining whether an event or transaction is exceptional, Management
considers quantitative as well as qualitative factors such as the frequency or predictability of occurrence, and the potential impact
on the variations in profit or loss. These items are disclosed in the income statement or separately disclosed in the notes to the financial
statements. Transactions that may give rise to exceptional items are principally restructuring activities, amnesties,&#160;acquisitions
of subsidiaries, impairment losses, and gains or losses on disposal of assets and investments.</p>

<p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForIncomeTaxExplanatory_z57BH14X0LMe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(i)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86D_zycBokshiFql">Income tax and social contribution</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Income tax and social contribution for the year comprises
current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless they relate to items recognized
directly in comprehensive income or other equity accounts. In these cases, the tax effect is also recognized directly in comprehensive
income or equity account (except interest on shareholder&#8217;s equity. See Note 3 (q)).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The current tax expense is the expectation of payment
on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet date, and any adjustment to
tax payable in respect of previous years.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Deferred taxes are recognized using the balance sheet
liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible temporary differences
between the tax and accounting basis of assets and liabilities. Under this method, a provision for deferred taxes is also calculated
on the differences between the fair value of assets and liabilities acquired in a business combination and their tax basis. IAS 12 prescribes
that no deferred tax liability on goodwill recognition, and no deferred tax asset/liability is recorded: (1)&#8239;at the initial recognition
of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting
nor taxable profit or loss and (2) on differences related to investments in subsidiaries to the extent that they are not reversed in
the foreseeable future. The amount of deferred tax provided is based on the expectation of the realization or settlement of the temporary
difference, using currently or substantially enacted tax rates. Deferred tax assets and liabilities are offset if there is a legally
enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the
same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis,
or to realize the assets and settle the liabilities simultaneously.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The deferred tax asset is recognized only to the extent
that it is probable that future taxable profits will be available. The deferred income tax asset is reduced to the extent that it is no
longer probable that the future taxable benefit will occur.</p>




<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Furthermore, the Company applies the provisions of IFRIC 23
- Uncertainty on the Treatment of Income Taxes, in relation to the treatments that affected the calculation of income taxes (uncertain
tax treatments), as disclosed in note 30 &#8211; <i>Contingencies</i> &#8211; Uncertainties about treatment of IRPJ and CSLL.</p>

<p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zJxmcbHtQkm4" style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(j)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86C_zJmmmn8t5uZ7">Property, plant and equipment</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Property, plant and equipment are measured at cost less
accumulated depreciation and impairment losses. The cost includes the purchase price, borrowing costs incurred during the construction
period and any other costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of
operating in the manner intended by management (e.g. nonrefundable tax, transportation and the costs of dismantling, removal and site
restoration, if applicable). The cost of a self-constructed asset is determined using the same principles as an acquired asset. The depreciation
methods, residual value, and the useful lives are reassessed and adjusted if appropriate, on an annual basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Borrowing costs directly attributable to the acquisition,
construction or production of qualifying assets are capitalized as part of the cost of such assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Land is not depreciated since it is deemed to have an indefinite useful life.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">Property, plant and equipment, and depreciation include the effects of using
the predecessor basis of accounting (Note 3 (c)).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Subsequent expenditure</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes in the carrying amount of an item
of property, plant and equipment the cost of replacing a component of such an item if it is probable that the future economic benefits
of the component will flow to the Company and the cost of the component can be measured reliably. All other costs are expensed as incurred.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Depreciation</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The depreciable amount is the cost of an asset less its
residual value. The residual values, if significant, are reassessed annually. Depreciation is calculated from the date on which the asset
is available for use, using the straight-line method over the estimated useful lives of the assets. The right-of-use assets are depreciated
over the term of each contract.</p>






<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The estimated useful lives of the major classes of property,
plant and equipment are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_pn5n6_z9NgQXrjSfa2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Major Property, Plant and Equipment (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span id="xdx_8B0_zHVaNVQUfB7" style="display: none">Schedule
    of estimated useful lives</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; width: 73%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Buildings</span></td>
    <td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_908_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_z6E5TlAj443j" title="Property, plant and equipment, useful life">25</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Plant and equipment</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember_zaBVBd6rK1n8" title="Property, plant and equipment, useful life">15</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Fixtures </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_907_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FixturesMember_zFMwgKQdX3G1" title="Property, plant and equipment, useful life">10</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Fittings</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_906_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FittingsMember_zGniQiiQSZ44" title="Property, plant and equipment, useful life">10</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Assets for external use / commercial assets</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">&#160;<span id="xdx_90A_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zihAAxKoXy64" title="Property, plant and equipment, useful life">2</span> - <span id="xdx_909_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zd6wDoUbWehe" title="Property, plant and equipment, useful life">5</span> years</span></td></tr>
  </table>
<p id="xdx_8A3_z8QQiYX3waVh" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The assets&#8217; residual values and useful lives are
reviewed when necessary. Management uses its judgment to assess and ascertain the useful lives of these assets.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Gains and losses on sale</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Gains and losses on sales are determined by comparing
the results with the carrying amounts and are recognized in other operating income/(expenses) in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Leases</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">With the adoption of IFRS 16 &#8211; <i>Leasings</i>,
the Company began to recognize a right-of-use asset and a liability at the date of the beginning of the lease term.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes the right-of-use asset and a
corresponding lease liability related to all lease contracts which is the lessee, except for short-term leases (defined as leases
with terms of <span id="xdx_907_esrt--MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1_dtM_c20220101__20221231_zMf9sOkY1Km4" title="Lease term">12</span>-month
or less) and leases of low value assets, that comprehend goods with value equal or below US$<span id="xdx_901_eifrs-full--RightofuseAssets_iI_pn5n6_uUSD_c20221231_z9QfkWFNz672" title="Right of use asset">5,000.00</span>.
To these leases, the Company recognizes the lease payments as operating expense during the lease course.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Currently, the main leases by the Company are related
to trucks, forklifts, real estate, commercial vehicles and industrial equipment contracts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The lease liability is initially measured at lease
payments present value, discounted by using the rate implicit in the lease. If the rate cannot be promptly determined, the Company
uses its incremental loan rate specific for the country, deadline and currency of the contract or other local criteria.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Lease payments include fixed payments, less any lease
incentives, variable lease payments that depend on an index or known rate at the commencement date, and purchase options or extension
options payments if the Company is reasonably certain to exercise these options. All contracts establish an annual readjustment of payments
according to the rates established in the contract.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A lease liability is remeasured upon a change in the
lease term or on the future payments and the corresponding adjustment is also made in right-of-use assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies IAS 36 to determine if right-of-use
asset are subject to impairment and to record eventual losses by impairment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The lease liability is disclosed in the &#8220;Interest-bearing
loans and borrowing&#8221; line and the right-of-use assets are disclosed in the &#8220;Property, plant and equipment&#8221; line of the
balance sheet.</p>


<p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForGoodwillExplanatory_zdbIfko24jdb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(k)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_z0vwo8MjOBpa">Goodwill</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill arises on acquisitions of subsidiaries, associates,
and joint arrangement and it is determined as the excess between the sum of (i) the consideration paid in exchange for control of the
acquiree; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition
date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired and liabilities assumed,
measured in accordance with IFRS 3 - &#8220;Business Combinations&#8221; as at the date of acquisition. All business combinations are
accounted for using the purchase method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In compliance with IFRS 3 - &#8220;Business Combinations&#8221;,
goodwill is carried at cost and not amortized, but is tested for impairment at least annually, or whenever there are indications that
the cash generating unit (&#8220;CGU&#8221;) to which the goodwill has been allocated could be impaired. Impairment losses recognized
on goodwill are not reversed. Gains and losses on the disposal of an entity include the carrying amount of goodwill relating to the entity
sold.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill is expressed in the functional currency of the
CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">If the Company&#8217;s interest in the net fair value
of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business combination, such excess
is recognized immediately in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Expenditure on internally generated goodwill is expensed as it is incurred.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Goodwill includes the effects of applying the predecessor basis of accounting (Note
3 (c)).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For associates and joint ventures, goodwill is included
in the carrying amount of the investment in the associate/joint venture.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>








<p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_zZS1Cz5dvej1" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(l)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_866_zUYaUH8Zj2E5">Intangible assets</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Brands</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a portion of the consideration paid in a business
combination relates to brands, this is recognized in a specific intangible assets account, and measured at fair values as at the acquisition
date. Subsequently, the value of brands can be reduced in the case of impairment losses. Internally generated expenditure for brand development
is recognized within expenses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Software</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Purchased software is measured at cost less accumulated
amortization. Amortization related to software is included in the cost of sales, commercial expenses or administrative expenses, based
on the business activity which the software is intended to support.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The expenditures related to software maintenance
are recognized as expense, as incurred. The expenditures with development, as the expenditures with employees allocated in software
development, which are directly attributed to identifiable and exclusive software, controlled by the Company, are recognized as
intangible assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Commercial intangibles</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company records supply rights, which consists in
the Company's right to supply a customer and the customer's commitment to purchase the Company's products, and distribution rights which
are the rights to sell specific products in a certain territory.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Other intangible assets</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Other intangible assets, acquired by the Company, including
multi-year sponsorship rights, are measured at cost less accumulated amortization and impairment losses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Amortization</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Intangible assets with definite useful lives are amortized
on a straight-line basis over their estimated useful lives. Licenses, supply, and distribution rights are amortized over the period for
which the rights exist, based on the contract terms, which vary, in general, from 1 to 8 years. Brands are considered to have indefinite
lives, and therefore, are not amortized. Software and capitalized development costs related to technology are amortized over a period
of 3 to 5 years.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Items that are not amortized are tested for impairment on an annual basis.</p>






<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Gains and losses on sale</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Net gains on sale of intangible assets are presented
in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses
are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable,
the associated costs can be estimated reliably.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p id="xdx_845_ecustom--DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock_zeIawALtSWka" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><b>(m) <span id="xdx_866_zC0FGNkSlbw8">Recognition of assets
and liabilities relating to extemporaneous tax debits or credits</span></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The accounting policy applied by the Company considers
the extemporaneous tax credits and&#160;debits of any nature as determined by IAS 37 - <i>Provisions, Contingent Liabilities and Contingent
Assets</i>, except for income taxes, which the Company applies the policy disclosed in item (i) &#8211; <i>Income tax and social
contribution</i> of this note.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Credits are recognized only when Management has elements
that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient reliability to enable
it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be reliably measured, the
amounts are not recognized in the account, but presented in Note 30 - <i>Contingencies</i> related to contingent assets. Management understands
that, in cases of lawsuits involving contingent assets, a final and unappealable decision on the specific lawsuit of the Company is required
to confirm the existence of its rights, except where specific circumstances pertinent to the case allow the recognition of its rights
with sufficient objectivity and reliability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Debits are recognized only when (i) these are based on
a past event; (ii) there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will
be required; and (iv) the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot
be sufficiently reliably measured, the amounts are presented in Note 30 - Contingencies.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Contingent assets and liabilities are assessed periodically
to ensure that they are appropriately reflected and disclosed in the financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From October 1, 2020, the accounting policy for the recognition
of assets and liabilities of <span style="color: black">extemporaneous</span> tax credits and&#160;debits of any nature to record as
&#8220;Other operating income/(expenses)&#8221;, with an exception for amnesty payments, accounted for as exceptional items, given their
one-off nature.</p>

<p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zxKuPwhgLldl" style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(n)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_zsAT0ABc8nYi">Inventory</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Inventory is initially recorded at the acquisition cost
and subsequent valued at the lower of their cost and net realizable value. Cost includes expenditure incurred to acquire the</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">inventory and bring it to the location and condition required
for use. The weighted average method is used to determine the cost of inventory.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The cost of finished products and work in progress includes
raw materials, other production materials, direct labor, other direct costs, gains and losses on derivative financial instruments, and
an allocation of fixed and variable overheads based on the normal operating capacity. Fixed costs not allocated or idle costs not held
in inventory, are recognized directly in the income statement, as determined by IAS 2.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The amount of inventory is reduced on a case-by-case
basis if the anticipated net realizable value declines below the carrying amount. The net realizable value is the estimated selling price
in the ordinary course of business, less the costs of bringing the inventory to the condition required for sale, and the selling costs.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The calculation of the net realizable value takes into
consideration the specific characteristics of each category of inventory, such as the expiry date, the remaining shelf life, and any indicators
of slow-moving inventory, amongst others.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions for impairment losses are constituted, when
necessary, in compliance with write-offs, slow moving and obsolete inventory of the Company&#8217;s policies.</p>

<p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_zTjGkcfZjkUj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(o)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_862_zhBlHqALVr9l">Trade receivables</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Trade receivables are amounts due from customers for
goods sold or services performed in the ordinary course of business. Trade receivables are recognized initially at the amount of the unconditional
consideration, unless they contain significant financing components, in which case they are recognized at fair value. The Company holds
trade receivables with the objective of collecting the contractual cash flow, and therefore measures them subsequently at amortized cost
using the effective interest rate method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies the IFRS 9 simplified approach to
measuring expected credit losses whereby impairment allowances for trade receivables are measured upon initial recognition on the basis
of the expected 12-month credit losses. This is primarily based on past experience of credit losses, current data on overdue receivables
and credit score information. Prospective information (such as forecast economic performance indicators) is also taken into consideration
if, based on past experience, such indicators show a strong correlation with actual credit losses. Typically trade receivables which are
outstanding for more than 90 days are fully provisioned.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Other assets are mainly composed of loans to customers,
cash deposits on guarantees and tax receivables. These instruments are initially recognized at fair value and subsequently measured at
amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">If the receivable term is equivalent to one year or less,
the accounts receivable are classified as current assets. Otherwise, they are presented as non-current assets.</p>

<p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_z5iXIgkym9E5" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(p)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_864_zQ7t787mPmd7">Cash and cash equivalents</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cash and cash equivalents include all cash balances,
bank deposits, and short-term highly liquid investments with an insignificant risk of changes in value which are readily convertible into
cash. They are stated at their face value, which approximates the fair value.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For the purpose of the cash flow statement, cash and
cash equivalents are presented net of bank overdrafts, when applicable.</p>

<p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_zMBLf2A93x1" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(q)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_z2hWnPwuK7Fc">Equity</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Issued capital</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The Company's issued capital consists only of common shares.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Repurchase of shares</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When the Company repurchases its own shares, the amount
paid, including any directly attributable additional costs is recognized as deductions from equity attributable to shareholders, in the
line item &#8220;treasury shares&#8221;.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Share issuance costs</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Incremental costs directly attributable to the issuance
of new shares or options are presented in equity as a deduction, net of tax, from the proceeds.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Dividends and interest on shareholder&#8217;s equity</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Dividends and interest on shareholders&#8217; equity
are recognized in liabilities from the date on which they are approved by a Board of Directors&#8217; Meeting, except for the minimum
statutory dividends provided for under the Company&#8217;s bylaws, which are recognized as a liability, when applicable, at the end of
each fiscal year.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The interest expense attributable to capital to shareholders
is recognized in income for the purposes of the calculation of Brazilian income and social contribution tax, and is subsequently reclassified
from shareholders' equity for presentation purposes in the financial statements.</p>

<p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zfP1hbCRKZd9" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(r)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_866_zTvUiwBpEenj">Interest-bearing loans and borrowings</span> </b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Interest-bearing loans and borrowing are recognized initially
at fair value less attributable transaction costs. Subsequent to their initial recognition, interest-bearing loans and borrowing are stated
at amortized cost, with any differences between the initial and maturity amounts recognized in the income statement over the expected
life of the instrument on an effective interest rate basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Borrowing costs directly related to the acquisition,
construction or production of a qualifying asset which requires a substantial period of time to prepare for its intended use or sale,
are capitalized as part of the cost of that asset when it is probable that the future economic benefits associated with the item will
flow to the Company, and the costs can be measured reliably. Other borrowing costs are recognized as finance expenses in the period in
which they are incurred.</p>

<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_zi3bZZBZFsNj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(s)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_zKtXhCKrD5y9">Employee benefits</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Post-employment benefits</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Post-employment benefits include pensions managed in
Brazil by Instituto Ambev de Previd&#234;ncia Privada (&#8220;IAPP&#8221;), post-employment dental benefits and post-employment medical
benefits managed by Funda&#231;&#227;o Zerrenner. Usually, pension plans are funded by payments made by both the Company and its participants,
considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment medical benefit obligations
are funded using the returns on the assets of the Funda&#231;&#227;o Zerrenner plan. If necessary, the Company may contribute some
of its profits to Funda&#231;&#227;o Zerrenner.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company manages defined benefit and/or defined contribution
plans and/or medical and dental assistance plans for the employees of its companies located in Brazil and its subsidiaries located in
the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The Company maintains both funded and unfunded plans.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>s.1) Defined contribution plans</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A defined contribution plan is a pension plan under which
the Company pays fixed contributions into a fund. The Company has no legal or constructive obligations to pay further contributions if
the fund does not hold sufficient assets to pay all employees for the benefits relating to their service in the current and prior periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">The contributions to these plans are recognized as expenses in the period
during which they are incurred.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>s.2) Defined benefit plans</b></p>






<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Typically, defined benefit plans define an amount of
pension benefit that an employee will receive upon retirement, usually dependent on one or more factors such as age, years of service
and compensation level.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For defined benefit plans, expenses are assessed separately
for each plan using the projected credit unit method. The projected credit unit method takes into account that each period of service
gives rise to an additional unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions
is charged to the income statement over the period of service of the employee. The amounts charged to the income statement consist of
current service costs, interest costs, past service costs and the effect of any agreements and settlements. The obligations of the plan
recognized in the balance sheet are measured at the present value of the estimated future cash outflows using a discount rate equivalent
to the government&#180;s bond rates with maturity terms similar to those of the respective obligation and the fair values of the plan
assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Past service costs arise from the introduction of a new
plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier of: (i) when the settlement/curtailment
occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless those changes are conditional upon
the employee&#8217;s continued employment, for a specific period of time (the period in which the rights are acquired). In such cases,
past services costs are amortized using the straight-line method over the period during which the rights were acquired.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Actuarial gains and losses consist of the effects of
differences between the previous actuarial assumptions and the actual results, and the effects of changes in actuarial assumptions. Actuarial
gains and losses are fully recognized in carrying value adjustments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Remeasurements, representing actuarial gains and losses,
the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized in full in the period in which
they occur in the statement of comprehensive income. Remeasurements are not reclassified to profit or loss in subsequent periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When the amount of the defined benefit obligation is
negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic benefit available
to the Company either from refunds or reductions in future contributions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Other post-employment obligations</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and some of its subsidiaries provide post-employment
medical benefits, the reimbursement of medication expenses and other benefits to certain retirees. These benefits are not granted to new
retirees. The expected costs of these benefits are</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">recognized over the period of employment, using an accounting
methodology like that for defined benefit plans, including actuarial gains and losses.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Termination benefits</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Termination benefits are recognized as expenses at the
earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal, to a formal detailed plan to
terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related to restructuring.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Bonuses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Bonuses granted to employees and managers are
based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period
during which the bonus is earned.</p>

<p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zAokwfOh8ER7" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(t)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86D_zDWLNJqTcst3">Share-based payments</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Different share and share option programs allow management
and other members appointed by the Board of Directors and People Committee, as each case, to acquire shares in the Company as in Note
25 - <i>Share-based payments</i>.</p>

<p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_zSTF8RtFpTna" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(u)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_zhody9nffTbl">Trade payables</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Trade payables are recognized initially at their fair
values and subsequently at amortized cost using the effective interest method. When relevant, trade payables values are adjusted by their
present value, considering the following assumptions to calculation: (i) the amount to be discounted; (ii) the settlement dates; and (iii)
the discount rate, in accordance with IFRS 13.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zxABTiHcfOz7" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><span style="font-size: 12pt"><b>(v)</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;
</span><span style="font-size: 12pt"><span id="xdx_869_zCQkImPBKGhf">Provisions and contingent liabilities</span></span></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions are recognized when: (i) the Company has a
present obligation (legal or constructive) as a result of past events; (ii) it is likely that a future disbursement will be required to
settle the current obligation; and (iii) the amount of the obligation can be estimated reliably.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions, except for those mentioned in the line item
Disputes and litigation, are determined by discounting the expected future cash flow, to a pre-tax rate, which reflects the current market
assessments of the time value of money and, where appropriate, the risks specific to the liability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Restructuring</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A provision for restructuring is recognized when the
Company has approved a detailed restructuring plan, and the restructuring has either commenced or been announced. Costs relating to the
ongoing and future activities of the Company are not provided for but are recognized when expenses are incurred. The provision includes
the benefit commitments in connection with early retirement and redundancy schemes.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Disputes and Litigations</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A provision for disputes and litigation is recognized
when it is more likely than not that the Company will be required to make future payments as a result of past events. Such items may include
but are not limited to, claims, suits and actions filed by or against the Company relating to antitrust laws, violations of distribution
and license agreements, environmental matters, employment-related disputes, claims from the tax authorities, and other matters.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Contingent liabilities</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have tax, civil and
labor lawsuits defined as contingent liabilities, according to IAS 37, for which no provisions have been recorded, due to the judgment
by management for developing the estimate. Possible contingent liabilities are not recognized but are disclosed in note 30 - <i>Contingencies</i>.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The contingent liabilities with remote possibility of
outflow in settlement are not disclosed, as the possibility of any disbursement in the settlement is remote, in accordance with IAS 37.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From the fourth quarter of 2022 onwards, the nomenclature
of the accounting policy &#8220;provisions&#8221; was changed to &#8220;provisions and contingent liabilities&#8221;.</p>


<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_z6jt2d0ABoi" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><b>(w)</b></td><td style="text-align: justify"><b><span id="xdx_86D_zmMaNSk2sl56">Financial Instruments and hedge accounting</span></b></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Classification and Measurement</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company uses financial instruments to implement its
risk management strategy and policy. Derivatives are generally used to mitigate the impact on the Company&#8217;s performance due to changes
in foreign currencies, interest rates, equity prices and commodity prices. The Company&#8217;s financial risk management policy prohibits
the use of derivatives not related to the Company&#8217;s core business.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Financial assets (except for accounts receivable without
a significant financing component) or financial liabilities are initially measured at fair value, plus, for an item not measured at fair
value through profit or loss, transaction costs directly attributable to their acquisition or issue. Accounts receivable without a significant
financing component are initially measured at the transaction price.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Upon initial recognition, a financial asset is classified
either: (i) at amortized cost; (ii) at fair value through other comprehensive income - debt instruments; (iii) at fair value through other
comprehensive income - equity instruments; or (iv) at fair value through profit or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Financial assets are not reclassified subsequently to
initial recognition, unless the Group changes the business model for the management of financial assets, in which case all impacted financial
assets are reclassified on the first day of the post-change business model.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The classification of the Company&#8217;s financial assets
is as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Debt instruments at fair value through other
comprehensive income, with gains or losses recycled to profit or loss upon derecognition. Financial assets in this category quoted debt
instruments held by the Company in line with its business model either to collect cash flow or for sale.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Equity instruments designated as at fair value
through other comprehensive income, with no recycling of gains or losses to the profit or loss upon derecognition. This category only
includes equity instruments which the company intends to hold for the foreseeable future, and which it has irrevocably elected to classify
thus upon their initial recognition or transition. These instruments are not subject to impairment testing.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Financial assets and liabilities at FVPL: comprise
derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments with cash
flow characteristics which are not held within a business model with the objective either to collect contractual cash flow, or both to
collect contractual cash flow and for sale.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The measurement of the Company&#8217;s financial assets
is as follows:</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company designates certain derivatives as hedging
instruments to hedge the risk related to the variability of foreign exchange rates, interest rates and commodity prices. Derivative financial
instruments, that are contracted to protect against the exposure but that do not meet all of the hedge accounting requirements, will
be recognized at fair value through profit or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Derivative financial instruments are initially recognized
at fair value. The fair value is the value at which an asset can be realized, or a liability settled, between knowledgeable and willing
to negotiate parties of such financial instruments&#8217; characteristics under normal market conditions. The fair value of derivative financial
instruments can be obtained from market prices or from pricing models that reflect current market rates, as well as the credit quality
of the counterparty.</p>







<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Subsequent to initial recognition, derivative financial
instruments are remeasured to their fair value as at the date of the financial statements. Changes in the fair values of derivative financial
instruments are recognized in current income, except when these instruments are cash flow hedges or net investment hedges, where portions
of gains or losses on the hedge instrument defined as effective hedges are recognized in comprehensive income. The hedge designated instrument
is the effective element present in the term contract, of which only the present element value change is recognized in comprehensive income.
The term element, which can be separated and excluded from the financial instrument designation as hedge instrument is recognized in financial
result, in accordance with IFRS 9 - <i>Financial Instruments</i>.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company contracts commodities derivatives which have
similar terms to the hedged items. The Company applies component hedging to its commodities. The hedged component is contractually specified
and matches with what is defined in the derivative contract, and therefore the hedge ratio is always 1:1. Hedge effectiveness is assessed
on a qualitative basis. Whenever the terms do not match, the company uses the hypothetical derivatives method to assess the hedge effectiveness.
Therefore, usually causes of ineffectiveness include changes in the timing of forecast transactions, changes in the quantity of the commodity
to be hedged, or changes in the credit risk of either party to the derivative contract.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Cash flow hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cash flow hedges are used to protect the cash flow exposure
of a recorded asset or liability, or the foreign currency risk or commodity price variations associated with a highly probable transaction,
the effective portion of any (gain or loss) on the derivative financial instrument is recognized directly in the comprehensive income
statement (cash flow hedge reserve), and will be reclassified from the cash flow hedge reserve to the same line item within which and
the same period during which the cash flow futures were hedged. The ineffective portion of any gain or loss is recognized immediately
in the current income statement, in the financial result.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a hedging instrument or a hedging relationship is
terminated, but the hedged transaction is still expected to occur, the cumulative gains and losses (up to the date of termination) remain
within comprehensive income, being reclassified in accordance with the above practice, when the transaction being protected occurs. If
the hedged transaction is no longer probable, the accumulated gains and losses recognized in comprehensive income are reclassified immediately
to the current income statement.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Fair value hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a derivative is intended to hedge the variability
in the fair value of a recognized asset or liability, or of a firm commitment, any resulting (gain or loss) on the hedging</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">instrument is recognized in profit or loss. The carrying amount
of the hedged item is also adjusted for changes in the fair value related to the risk being hedged, with any gain or loss being recognized
in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Net investment hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a non-derivative foreign currency liability hedges
a net investment in a foreign operation, exchange differences arising on the translation of the liability into the functional currency
are recognized directly in other comprehensive income (translation reserves). Any ineffectiveness is recognized immediately in profit
or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a derivative financial instrument hedges a net investment
in a foreign operation, the portion of the gain or loss on the hedging instrument that is determined to be effective is recognized directly
in other comprehensive income (translation reserves), while the ineffective portion is reported in profit or loss.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Derivatives at fair value through profit or loss</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Certain derivative financial instruments do not qualify for
hedge accounting. Changes in the fair values of any of those derivative financial instruments are recognized immediately in profit or
loss.</p>

<p style="font: 12pt/107% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Impairment of financial assets </b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">On an annual basis, Management performs impairment testing
for financial assets or groups of financial assets. If a trigger event occurs, a financial asset or group of financial assets will be
deemed to be impaired. An asset or group of financial assets is deemed impaired, and impairment losses are recorded, only if there is
evidence of impairment as a result of one or more events occurring after the initial recognition of the assets (a "loss event")
and that event (or events) has an impact on the estimated future cash flow from the financial asset or group of financial assets, and
can be estimated reliably.</p>

<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_z72vNy3T4VZe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(x)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_868_z67WhR6ENAra">Impairment of non-financial assets</span></b></span></td></tr></table>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The carrying amounts of non-financial assets, such as
property, plant and equipment and intangible assets with defined useful lives are reviewed, at least, at each reporting date to determine
the existence of any indication of impairment. If there is any indication, the asset&#8217;s recoverable amount is estimated, and the
non-recoverable amount is recognized as an impairment in the income statement.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The goodwill and intangible assets with indefinite
useful life are tested for impairment on an annual basis, regardless of any indication, by comparing its accounting value with its
recoverable value.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill, intangible assets not yet available for use,
and intangibles with indefinite useful lives, are tested for impairment at the business unit level (one level below the reportable segment
level) at least annually, or whenever there is any indication of impairment.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">An impairment loss is recognized whenever the
carrying amount of an asset or the related cash-generating unit (&#8220;CGU&#8221;) exceeds its recoverable amount. Impairment
losses are recognized in the income statement. Intangible assets with an indefinite useful life are tested on a fair value approach
applying multiples that reflect current market transactions to indicators that drive the profitability of the asset or the royalty
stream that could be obtained from licensing the intangible asset to another party in an arm&#8217;s length transaction.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The recoverable amounts of other assets are determined
as the higher of their fair value less costs to sell and their value in use. For an asset that does not generate substantially independent
cash inflows, the recoverable amount is allocated to the CGU to which the asset belongs. The recoverable amounts of the CGU to which the
goodwill and the intangible assets with indefinite useful lives belong are based on the fair value net of selling expenses, using EBITDA
multiples observed in the market for previous business combinations involving comparable businesses in the brewing industry. For some
CGUs, these calculations are corroborated using the fair-value less costs of disposal approach, where the free cash flow of these CGUs
is discounted to fair value using a discount rate after tax that reflects current valuation models for the time value of money, and the
risks specific to the asset.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Non-financial assets, except for goodwill, are reviewed
for the possible reversal of the impairment at the reporting date. Impairment losses are reversed only to the extent that the asset&#8217;s
carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment
loss had been recognized.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForGovernmentGrants_zSFZJw10rgt2" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><span style="font-size: 12pt"><b>(y)</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;
</span><span style="font-size: 12pt"><span id="xdx_864_zUvtQafFosm6">Tax incentives and subsidized loans</span></span></b></p>

<p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company is entitled to state tax benefits in Brazil,
provided by government grants. Referred grants may be in the form of rate reduction, calculation basis reduction, financing or subsidized
loans, presumed credits, effective collection, payment deferral or partial reductions of state tax payable. The effective collection incentives
are recorded in the operating net revenue, due to its nature, as the others are recognized in other operating income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">As before mentioned, among the tax incentives granted
to the Company, there are state tax incentive programs to promote industrial development either by financing or by deferring payment of
taxes. These state programs are intended to promote, in the long-term, increases in employment rates, industrial decentralization, as
well as to complement and diversify states industrial matrix.</p>







<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In the case of these programs, the tax terms are set
in the respective state normative acts and state concessive acts, depending on their nature, when conditions for obtaining these grants
exist, they are under the Company's control. Such benefits comply with the systematic set by Complementary Federal Law 160/2017 and by
<i>Conv&#234;nio</i> CONFAZ 190/2017. The financial component of these incentives is recorded in the income statement, on an accrual
basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white"/></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">The financing or
payment deferral forms of benefits, as the interest rates and terms of these loans could be advantageous compared to market conditions,
are considered as subsidized loans as intended by IAS 20. The respective subsidies consist of the gains identified by comparing the value
of these operations under the market conditions to the value agreed in the contracts. Thereby, upon receipt of funding, the subsidy calculated
is recorded in Other operating income, following the treatment for the other ICMS subsidies of similar nature. Management reviews the
market conditions prevailing in the year to assess such subsidies on an annual basis.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Monthly, considering
of the value of the consideration, the period to maturity, the contract interest rate and the abovementioned discount rate, the reduction
in present value adjustment is allocated to financial income, to bring the balance to zero by the time of settlement of each consideration.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Such financing
is recognized as liability adjusted to its present value. When there is an intervening financial institution in the transaction, the financing
is recorded at &#8220;interest-bearing loans and borrowings&#8221;, otherwise, they are recorded at &#8220;trade payables&#8221;, due
to the underlying economic essence and nature of the transaction.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">From the fourth
quarter of 2022, the nomenclature of the accounting policy &#8220;government grants&#8221; was changed to &#8220;tax incentives and subsidized
loans&#8221;.</span></p>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white"/></p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

<span></span>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446144464">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>USE OF ESTIMATES AND JUDGMENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory', window );">USE OF ESTIMATES AND JUDGMENTS</a></td>
<td class="text"><p id="xdx_802_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zft4keL3N3Rb" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>4.</b></span></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_009"/><span id="xdx_82F_zU56nZM8oi4i">USE OF ESTIMATES AND JUDGMENTS</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The preparation of financial statements in compliance
with IFRS requires Management to make use of judgments, estimates and assumptions that affect the application of accounting practices
and the reported amounts of assets and liabilities, income and expenses. The estimates and assumptions are based on past experience and
various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for decision-making
regarding judgments regarding the carrying amounts of assets and liabilities that are not readily evident from other sources. The actual
results may differ from these estimates.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The estimates and assumptions are reviewed on
a regular basis. Changes in accounting estimates may affect the period during which they are realized, or future periods.</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Although each significant accounting policy reflects
judgments, assessments or estimates, the Company believes that the following accounting practices reflect the most critical judgments,
estimates and assumptions that are important to its business operations and the understanding of its results:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(i) predecessor basis of accounting (Note 3 (c));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(ii) business combinations (Note 3 (c) and (k);</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(iii) joint arrangements (Note 3 (c));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(iv) accounting and financial reporting in hyperinflationary
economies (Note 3 (d));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(v) current and deferred tax (Note 3 (i));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="color: windowtext">(vi) </span>leases (Note
3 (j));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(vii) assets and liabilities recognition related to extemporaneous
tax credits and&#160;debits (Note 3 (m));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(viii) employee benefits (Note 3 (s));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(ix) share-based payments (Note 3 (t));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(x) provisions and contingent liabilities, including
tax contingencies (Note 3 (v));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(xi) measurement of financial instruments, including
derivatives (Note 3 (w));</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(xii) impairment (Note 3 (w) and (x)) and</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">(xiii) Tax incentives and subsidized loans (Note 3 (y)).</p>

<p style="font: 10pt/110% Univers 45 Light,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The fair values of acquired identifiable intangibles
with indefinite useful lives are based on an assessment of future cash flow. Impairment analyses of goodwill and intangible assets with
indefinite useful lives are performed at least annually, or whenever a triggering event occurs, to determine whether the carrying value
exceeds the recoverable amount.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company uses its judgment to choose between a variety
of methods including the net fair value of expenses approach and option valuation models and makes assumptions about the fair value of
financial instruments mainly based on the market conditions at each balance sheet date.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Actuarial assumptions regarding future events are used
for the calculation of projected pension and other long-term employee benefit expenses and liabilities. These factors include assumptions
regarding interest rates, rates of increase in healthcare costs, rates of future compensation increases, turnover rates, and life expectancy.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company is subject to income tax&#160;in numerous
jurisdictions. Significant judgment is required to determine the Company&#8217;s worldwide provision for income tax. There are some transactions
and calculations for which the ultimate tax determination is uncertain. Some of the subsidiaries of the Company are involved in tax audits,
usually in relation to prior years. These audits are ongoing in various jurisdictions as at the balance sheet date, and by their nature,
can take a considerable time to complete.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">To measure the amounts of extemporaneous tax credits
arising from lawsuits, the Company evaluates the documents for the period covered by the lawsuit, and applies the guidelines for the final
decision, applicable legislation or other elements that enable the amount to be estimated with sufficient reliability.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>






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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of judgements that management has made in the process of applying the entity's accounting policies that have the most significant effect on amounts recognised in the financial statements along with information about the assumptions that the entity makes about the future, and other major sources of estimation uncertainty at the end of the reporting period, that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the next year. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SEGMENT REPORTING<br></strong></div></th>
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  <tr id="xdx_40E_eifrs-full--CostOfSales_iN_di_zqCGPqxXt296" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_402_eifrs-full--GrossProfit_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Gross profit</b></span></td>
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  <tr id="xdx_407_eifrs-full--DistributionCosts_iN_di_zgj5iy0NsVt6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Distribution expenses</span></td>
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  <tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zAN3EOWFJw74" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Sales and marketing expenses</span></td>
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  <tr id="xdx_400_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zjLGE3asLknd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Administrative expenses</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(722.2)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(611.5)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(439.0)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(5,236.8)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(4,877.4)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,948.5)</span></td></tr>
  <tr id="xdx_406_eifrs-full--OtherOperatingIncomeExpense_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Other operating income/(expenses)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;2,361.3&#160;</span></td>
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  <tr id="xdx_40C_ecustom--ExceptionalItems_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Exceptional items</span></td>
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  <tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Income from operations</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;7,593.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;9,481.4&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;1,944.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,420.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,087.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;17,687.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;17,080.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;15,972.2&#160;</b></span></td></tr>
  <tr id="xdx_401_eifrs-full--FinanceIncomeCost_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Net finance costs</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(1,110.3)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(80.1)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(329.6)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(89.4)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(49.0)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(3,423.1)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,434.5)</span></td></tr>
  <tr id="xdx_409_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_z8NJpjerTjol" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Share of results of joint ventures</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(7.2)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(79.7)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(4.9)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(24.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(31.2)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(29.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(115.7)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(43.3)</span></td></tr>
  <tr id="xdx_402_eifrs-full--ProfitLossBeforeTax_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Income before income tax</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;7,555.1&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;6,723.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;8,810.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,460.6&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;3,031.7&#160;</b></span></td>
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  <tr id="xdx_40A_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_zO0Sq4weWZV1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_409_eifrs-full--ProfitLoss_zzsiitYlBn7l" style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_409_ecustom--NormalizedEBITDA_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 6.5pt Times New Roman,serif"><b>EBITDA&#160;</b></span><b><span style="font: normal 8pt Times New Roman,serif"><sup id="xdx_F45_z7Spa56t1Jbg">(iii)</sup></span></b></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;12,388.7&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,995.0&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;5,725.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;5,071.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;3,182.6&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,545.2&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,936.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,529.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;23,615.0&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;22,361.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;21,096.1&#160;</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zDo6DSkXVYgd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Depreciation, amortization and impairment</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(3,363.4)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(677.4)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(681.0)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(540.0)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(473.6)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(5,956.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(5,396.7)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(5,167.4)</span></td></tr>
  <tr id="xdx_404_eifrs-full--FinanceIncomeCost_zVQ65hHIfyw8" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Net finance costs</span></td>
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  <tr id="xdx_402_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_z43NPwEU9k9c" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Income tax expense</span></td>
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  <tr id="xdx_40A_eifrs-full--ProfitLoss_zXxNhDP5DRCl" style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40F_ecustom--NormalizedEBITDAMarginInPercentage_pid_dp_znJIJo0zGoPl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; width: 25%"><span style="font: normal 6.5pt Times New Roman,serif"><b>EBITDA margin as a %</b></span><b><span style="font: normal 8pt Times New Roman,serif"><sup id="xdx_F43_zxlrhru1XgAe">&#160;(iii)</sup></span></b></td>
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    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>29.7</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>41.0</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>35.1</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>38.1</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>40.9</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>33.0</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>30.6</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>27.5</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>24.8</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>27.3</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>27.2</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>29.6</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>30.7</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>36.1</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_i_pn5n5" style="vertical-align: bottom; background-color: White">
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;4,062.9&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;3,114.9&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;463.7&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;6,533.1&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;7,677.1&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;4,692.7&#160;</span></td></tr>
  </table>
<p style="font: 12pt/115% Arial,sans-serif; margin: 0 0 10pt">&#160;</p>










<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 24%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Segment assets</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvCpI7CNo5m5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;57,353.8&#160;</span></td>
    <td id="xdx_98C_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zJGWkLielMj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;54,609.4&#160;</span></td>
    <td id="xdx_988_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zxhNarq8gOc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;48,970.2&#160;</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zRZgCugO9Z83" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;15,385.6&#160;</span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_z0IiG6sJndo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;15,351.9&#160;</span></td>
    <td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zFMM2FO9Igj6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;13,521.4&#160;</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zX9QMOKaaLh3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;22,044.5&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z1cqMxfnBka3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;21,583.0&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zuurQsbFoQn3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;17,211.2&#160;</span></td>
    <td id="xdx_989_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zbf0cH8DTYc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;16,093.3&#160;</span></td>
    <td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zJl2S5p7KEIi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;18,016.6&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zauV6zqlOT8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;16,487.9&#160;</span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zaKs33m8hBo" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;110,877.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zfhhh3mOBfA7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;109,560.9&#160;</span></td>
    <td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z7l94oGH8AYf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;96,190.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Intersegment elimination</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zzt4mrytLlV3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,533.0)</span></td>
    <td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zSWwOHqJ4azg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,868.5)</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zS1UFGmqpNC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,187.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Non-segmented assets</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zTUAHUqFjfl1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;29,613.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zrYjN98eUT83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;31,910.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zJImvh95bqSj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;31,193.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Total assets</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20221231_z2mBf5ixvUYj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;137,958.0&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--Assets_iI_c20211231_zJl95oSxPNsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;138,602.5&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20201231_zXv7gHXkNyJ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;125,196.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Segment liabilities</span></td>
    <td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z8A1xuEcMjek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;29,153.2&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zBywwBvAgnTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;27,611.2&#160;</span></td>
    <td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zEEnSD9xxzVf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;25,032.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zUk0sdi7ktp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;5,098.0&#160;</span></td>
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    <td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zfPp7V85nlKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;4,114.2&#160;</span></td>
    <td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z5hv325OHy7i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;6,843.6&#160;</span></td>
    <td id="xdx_983_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zQjF7ZQiWEJ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;7,843.6&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zb4EooY8cn6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;5,156.4&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zazFaWxcFC76" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;5,053.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zyfoLgHiZiXe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;6,156.5&#160;</span></td>
    <td id="xdx_989_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zj1U2eoFtDSg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;6,256.6&#160;</span></td>
    <td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zT8XxkiaVjEh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;46,148.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z3BNUjf6fsEd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;47,025.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zAkC3y9UzA14" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;40,559.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Intersegment elimination</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zmZIVRe38B9f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,534.2)</span></td>
    <td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zgKHbeZ2lcJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,869.1)</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Non-segmented liabilities</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zmZ3PEN7BMH9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;94,343.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zPHGk2R36a08" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;94,445.9&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Total liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--EquityAndLiabilities_iI_c20221231_zlqU4Ac4DlNh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;137,958.0&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231_zgPqLr1frCP1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;138,602.5&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20201231_zNAzVeVkrGSg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;125,196.3&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zPTlKRC8vQFj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1F_z4fqCSP7IKyc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">CAC: includes the Dominican Republic, Panama, Guatemala, Cuba, Barbados, Saint Vincent, Dominica, Nicaragua, Honduras and Antigua.</td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0A_zry4MRLkcDlc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F18_zMexP8XRZybf" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay.</td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F00_zMgdW48B3Iwi" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(iii)</td>
  <td id="xdx_F14_zllRyZ1vdZLk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.</td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>






<p style="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt 21.3pt; text-indent: -21.3pt"><span style="font-size: 12pt">(b)</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;
</span> <span style="font-size: 12pt">Additional information - by Business unit - Years ended:</span></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
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  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_400_eifrs-full--RevenueFromContractsWithCustomers_zRLIZbhrxHL4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_401_eifrs-full--CostOfSales_iN_di_zBDtyRuL1fjl" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_404_eifrs-full--GrossProfit_zZlHMhEhVl5i" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Gross profit</b></span></td>
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  <tr id="xdx_405_eifrs-full--DistributionCosts_iN_di_z93yHmeoJqE4" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zK7usrwp5kwj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Sales and marketing expenses</span></td>
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  <tr id="xdx_40D_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zXmxOyLvwgye" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_409_eifrs-full--OtherOperatingIncomeExpense_zLQFyqEYzVR7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40E_ecustom--ExceptionalItems_d0_zIWOmU290IDb" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_ze4YvDsGceTb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Income from operations</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;6,689.0&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,593.7&#160;</b></span></td>
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  <tr id="xdx_408_eifrs-full--FinanceIncomeCost_d0_zR1SPKCeJXr3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Net finance costs</span></td>
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  <tr id="xdx_403_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_zyMl4vvvOkye" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Share of results of joint ventures</span></td>
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  <tr id="xdx_40B_eifrs-full--ProfitLossBeforeTax_z6822RmBCqWd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Income before income tax</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;6,283.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;5,819.2&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,271.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;904.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,196.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,555.1&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;6,723.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,810.3&#160;</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zokWKjg6pVe3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Income tax expense</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;2,787.7&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;1,953.2&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(203.1)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;2,787.7&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;1,953.2&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(203.1)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--ProfitLoss_zoWiqMNOcWm4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Net income</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;9,071.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,772.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,410.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,271.4&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,196.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;10,342.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,677.1&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,607.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_ecustom--NormalizedEBITDA_zA5AOXzcxSXa" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 6.5pt Times New Roman,serif"><b>EBITDA&#160;</b></span><b><span style="font: normal 8pt Times New Roman,serif"><sup id="xdx_F44_z1utrpijUtJi">(i)</sup></span></b></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;10,332.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;9,302.4&#160;</b></span></td>
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    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td>
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    <td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>%</b></span></td>
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    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>41.0</b></span></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for operating segments.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>NET SALES<br></strong></div></th>
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<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In compliance with the Federal Law 6,404/76, Company discloses
the reconciliation between gross sales and net sales presented in the consolidated income statement. The values by each operational segment
are disclosed in note 5 &#8211; <i>Segment reporting</i>:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock_pn5n6_zpwKHIGfRnol" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - NET SALES - Reconciliation Between Gross Sales and Net Sales (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B0_zjvMbS1XWRFe" style="display: none">Schedule of net sales</span></td>
    <td id="xdx_49D_20220101__20221231_z2ka3T23WUyl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_490_20210101__20211231_zCbpcNDVlXK9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_495_20200101__20201231_zdRMiTD5Ujja" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 39%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
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  <tr id="xdx_40E_eifrs-full--RevenueFromSaleOfGoods_maRzPZ3_z1y45eMB3dW6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gross sales and/or services</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;125,907.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;110,162.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;85,221.2&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_iN_di_msRzPZ3_zLb6MOYxn2Y" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Excise duty</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(24,851.4)</span></td>
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  <tr id="xdx_40E_ecustom--SalesDiscounts_iN_di_msRzPZ3_zM4udCXjVxAd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Discounts</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(21,347.0)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(15,255.8)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(8,582.5)</span></td></tr>
  <tr id="xdx_401_eifrs-full--Revenue_iT_mtRzPZ3_zcfLl3PRSNIi" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">Total&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;79,708.8&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;72,854.3&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;58,379.0&#160;</b></span></td></tr>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">At gross sales and/or services line, the Company recognizes
the best estimate received or to be received regarding the products and services offered for its clients, according to note 3 (f) &#8211;
<i>Summary of significant accounting policies &#8211; Revenue recognition</i>. Gross sales are disclosed before taxes and discounts.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The gross sales obtained by the Company, in general,
are subject to the incidence of certain taxes and contributions, which are calculated and paid to fiscal authorities in accordance with
current federal, municipal and state legislation, and do not result in equity increase for the Group. These taxes and contributions are
deducted from gross</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">sales
and relate substantially to tax on transactions concerning the circulation of goods (&#8220;ICMS&#8221;), social integration program
(&#8220;PIS&#8221;), contribution to social security financing (&#8220;COFINS&#8221;), tax on manufactured products (&#8220;IPI&#8221;)
and tax on services of any nature (&#8220;ISSQN&#8221;) in Brazil. At December 31, 2022 the Company calculated R$<span id="xdx_907_ecustom--DeductionOfRevenue_pn5n6_c20220101__20221231_zEIAhfevCGUf">1,245.8</span> million of fiscal
incentives (R$<span id="xdx_90B_ecustom--DeductionOfRevenue_pn5n6_c20210101__20211231_zk0IjYTEJZ4l">1,048.3</span></span> <span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">million
at December 31, 2021 and R$<span id="xdx_906_ecustom--DeductionOfRevenue_pn5n6_c20200101__20201231_zpnvCX3p95X7">1,036.7</span></span>
<span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">million at December 31, 2020), which are registered
in the net revenue, in accordance with note 3 (y) &#8211; <i>Summary of significant accounting policies &#8211; Tax incentives and subsidized
loans</i>.&#160;</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"/></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The discounts and rebates are also deducted from
the Company&#8217;s gross sales, in the terms disclosed in note 3 (f) &#8211; <i>Summary of significant accounting policies &#8211; Revenue
recognition</i>.</p>


<span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for revenue.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OTHER OPERATING INCOME/(EXPENSES)<br></strong></div></th>
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<p style="font: 12pt/13pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock_pn5n6_zMhRTfrq6V72" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - OTHER OPERATING INCOME/(EXPENSES) (Details)">
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  <tr id="xdx_403_eifrs-full--RevenueFromGovernmentGrants_maOOIEz3DT_zhupvL6wEEZ1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40C_ecustom--ExtemporaneousCreditsDebits_maOOIEz3DT_zMz12WXYU0Si" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(70.1)</span></td></tr>
  <tr id="xdx_409_eifrs-full--GainsLossesOnDisposalsOfPropertyPlantAndEquipment_maOOIEz3DT_zvEIZdGqaBmh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;88.8&#160;</span></td>
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  <tr id="xdx_408_ecustom--OtherPortionsOfOtherOperatingIncomeExpense_maOOIEz3DT_zdAvrzmwqHZe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;199.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;57.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(134.9)</span></td></tr>
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<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
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  <td id="xdx_F06_zqVcttF8I1a8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F10_zD7obp1ZxJRg" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">As detailed in Note 30 &#8211; <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS
from its calculation basis, in the item Other operating income/(expenses).</td></tr>
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<p id="xdx_8AE_znDv8N5lGXs4" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">According to the account policy disclosed in note 3
(y), the Company recognizes, in other operating income/(expenses) line, tax incentives granted as rate reduction, calculation basis reduction,
financing or subsidized loans, presumed credit, deferred payment or partial reductions of due state tax payable.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Government grants are not recognized until there is reasonable
assurance that the Company will meet the respective conditions and obligations related to governmental terms.</p>







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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other operating income or expense. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449277744">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EXCEPTIONAL ITEMS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td style="width: 3%"><span style="font-size: 12pt"><b>8.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_013"/><span id="xdx_82A_zeVuk7AXTpT8">EXCEPTIONAL ITEMS</span></b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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    <td id="xdx_494_20220101__20221231_z1p20wybinWj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_492_20210101__20211231_zKxrJxiPDgw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zZPY38U6x5q" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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    <td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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  <tr id="xdx_404_ecustom--BusinessCombinationsCosts_iN_di0_msEIzMUm_zUWaOoFvhAzf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(165.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(146.5)</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Stella Recall&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(82.0)</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(16.6)</span></td>
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  <tr id="xdx_405_ecustom--ExceptionalItems_iT_mtEIzMUm_zema4KydKV03" style="vertical-align: bottom; background-color: White">
    <td style="color: White; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
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    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(392.8)</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(452.0)</b></span></td></tr>
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<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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<tr style="vertical-align: top">
  <td id="xdx_F0B_zZQ9f5ppWrFk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F15_z88iRQy4ENkk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The restructuring expenses primarily related to centralized projects and resizing in the Latin America CAC and Brazil.</td></tr>
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<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F05_zxZNV9gMrrhl" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F10_zFOFzGhULE88" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of the Company&#8217;s people (increased frequency
of cleaning at the Company&#8217;s facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives
providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.</td></tr>
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<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
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  <td id="xdx_F05_zdOMl4rWBW9e" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(iii)</td>
  <td id="xdx_F12_z1jgJu1YjWf4" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Refers to distribution agreement with our strategic partner in Guatemala.</td></tr>
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<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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  <td id="xdx_F03_zLnipSvLmDR7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(iv)</td>
  <td id="xdx_F17_zcK5ZHscN379" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Refers to an investment write-off of a business line in Canada.</td></tr>
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<p id="xdx_8AC_zyDS5wLpbYal" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446344880">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PAYROLL AND RELATED BENEFITS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>9.</b></span></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_014"/><span id="xdx_82B_zczXpozU69Q1">PAYROLL AND RELATED BENEFITS</span></b></span></td></tr>
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<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--DisclosureOfPayrollAndRelatedBenefitsTextBlock_pn5n6_zC7ZiV5pix6j" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Schedule of Payroll and Related Benefits (Details)">
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    <td id="xdx_493_20220101__20221231_zmwvr2LIjaE3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_491_20210101__20211231_z5B40IKfnc21" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49B_20200101__20201231_zG79GLp1bPa9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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    <td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_404_eifrs-full--WagesAndSalaries_maEBEzkEh_zzIlTae5XaE4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Wages and salaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;4,496.1&#160;</span></td>
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  <tr id="xdx_40A_eifrs-full--SocialSecurityContributions_maEBEzkEh_z9lkUkIlNJx2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Social security contributions</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,239.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,016.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;851.8&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--OtherEmployeeExpense_maEBEzkEh_zFAjqSjl2FU5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other personnel costs</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,075.9&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;836.9&#160;</span></td></tr>
  <tr id="xdx_407_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_maEBEzkEh_z0ySJBGQVDaa" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Increase in liabilities for defined benefit plans</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;157.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;178.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;131.2&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_maEBEzkEh_zL2jHg3kCZl5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Share-based payments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;311.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;391.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;223.1&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_maEBEzkEh_zetBUEW4eBQe" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions to defined contribution plans</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;82.0&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;74.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;61.1&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--EmployeeBenefitsExpense_iNT_di_mtEBEzkEh_z6dYYyj4ulk6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;7,363.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;6,898.5&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,840.6&#160;</b></span></td></tr>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The payroll expenses and related benefits are presented
in the income statement as shown below:</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_88F_ecustom--DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock_pn5n6_zj7wKDy7M4d9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Payroll and Related Benefits Income Statement Presentation (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B5_zzf46bx1bcae" style="display: none">Schedule of Income statement</span></td>
    <td id="xdx_494_20220101__20221231_zcQIXxsX4sFh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_495_20210101__20211231_z9L8FxkktM7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_496_20200101__20201231_zf1I4oFNtIG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_405_ecustom--EmployeeBenefitsExpenseCostOfSales_maEBEzCdK_zTVdFvYypqae" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cost&#160;of&#160;sales</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,510.4&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,247.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,175.1&#160;</span></td></tr>
  <tr id="xdx_409_ecustom--EmployeeBenefitsExpenseDistributionExpenses_maEBEzCdK_zYKvKUPpXG0c" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Distribution&#160;expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,396.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,286.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,130.4&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--EmployeeBenefitsExpenseSalesAndMarketingExpenses_maEBEzCdK_zHWPQ3nnqbP9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Sales&#160;and&#160;marketing&#160;expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,504.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,480.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,333.7&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--EmployeeBenefitsExpenseAdministrativeExpenses_maEBEzCdK_zlwieXkonS7d" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative&#160;expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,798.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,699.1&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,089.2&#160;</span></td></tr>
  <tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseNetFinanceCosts_maEBEzCdK_zYI4TWXFTxCj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Net&#160;finance&#160;costs</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;107.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;115.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;44.1&#160;</span></td></tr>
  <tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseOtherOperatingIncomeExpense_iN_di0_msEBEzCdK_zldIdTRaJGaa" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other&#160;operating&#160;(income)/expenses,&#160;net</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2.2&#160;</span></td></tr>
  <tr id="xdx_404_ecustom--EmployeeBenefitsExpenseExceptionalItems_maEBEzCdK_z7R22jgIR1ae" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131457523680">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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  <td style="width: 3%"><span style="font-size: 12pt"><b>10.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_015"/><span id="xdx_82F_z1GYYrcZ9W35">ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE</span></b></span></td></tr>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Depreciation, amortization and impairment expenses are
included in the following income statement accounts for the years ended in December 31, 2022, 2021 and 2020:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20220101__20221231_fKGkp_z9SeFTIAhMba" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, cost of sales"><span id="xdx_F26_zJVrb8drMTF8" style="font-family: Times New Roman,serif; font-size: 9pt">&#160;16.4&#160;</span></td>
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    <td id="xdx_98C_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20220101__20221231_zTov8gBUAdr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, distribution expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;893.5&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20220101__20221231_zUEYXfj6iFK4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20210101__20211231_zIbACDGufU9c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20200101__20201231_zTqVQxFKMo4a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
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    <td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zkuu4HPHrc84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;660.7&#160;</span></td>
    <td id="xdx_986_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zA8Zn9qYCx8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;700.3&#160;</span></td>
    <td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_ztNeVEXbhKl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;787.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zywDvLl7Mzpf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;113.2&#160;</span></td>
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    <td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_zCtIYPf2TlKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;219.9&#160;</span></td></tr>
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    <td id="xdx_98D_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zZq5r9ngfO95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;331.4&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_znhQae34BEm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;372.6&#160;</span></td>
    <td id="xdx_98D_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zjTMYL3CLmN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;304.2&#160;</span></td>
    <td id="xdx_984_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zot6cRL74bN5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;276.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DepreciationExpense_pn5n6_c20220101__20221231_zKR8lJsQwoJl" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,441.9&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--DepreciationExpense_pn5n6_c20210101__20211231_zEkxotnxh2U3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,012.4&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--DepreciationExpense_pn5n6_c20200101__20201231_z8uyEezYKp55" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,663.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20220101__20221231_z9hHNPmTUK1e" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;502.2&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--AmortisationExpense_pn5n6_c20210101__20211231_zVFtpMzpDyLk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;404.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20200101__20201231_zad0z4481vY2" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;511.7&#160;</b></span></td></tr>
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<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

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  <td id="xdx_F00_zET62k1NH2E6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1C_zeALERWT3hDa" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">These amounts added to R$<span id="xdx_904_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20220101__20221231_zCUsL0PYarpa" title="Employee benefits expense, cost of sales">2,510.4</span>
  (R$<span id="xdx_90D_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20210101__20211231_zw2Ip74Sq04a" title="Employee benefits expense, cost of sales">2,247.9</span>
  and R$<span id="xdx_90A_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20200101__20201231_z0ZyU5KhKet5" title="Employee benefits expense, cost of sales">2,175.1</span>
  as at December 31, 2021 and 2020, respectively) mentioned in Note 9 - <i>Payroll and related benefits</i>, total R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20221231_zaY3rCCItVKa" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,940.1</span>
  (R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn6n6_c20211231_z8XPRJAljUY8" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,591.0</span>
  and R$<span id="xdx_90E_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20201231_zrEO8lgLUsuc" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,171.2</span>
  as at December 31, 2021 and 2020, respectively). The remaining amount of R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20220101__20221231_zfmLS1hCSxJa" title="Cost of sales, production costs">34,482.0</span>
  (R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20210101__20211231_z4WAqcIq3Mca" title="Cost of sales, production costs">30,068.7</span>
  and R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20200101__20201231_z1uSCvjzKjs7" title="Cost of sales, production costs">21,894.9</span>
  as at December 31, 2021 and 2020, respectively), recorded in the cost of sales, refers to other production costs.</td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of additional information that is not presented elsewhere in the financial statements, but that is relevant to an understanding of them.</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449277744">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCE EXPENSES AND INCOME<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td style="width: 3%"><span style="font-size: 12pt"><b>11.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_016"/><span id="xdx_82E_zjsgWJUy69J8">FINANCE EXPENSES AND INCOME</span></b></span></td></tr></table>

<p style="font: 8pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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<td style="width: 0"/><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(a)</b></span></td><td><span style="font-size: 12pt"><b>Finance expenses</b></span></td></tr></table>

<p style="font: 10pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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    <td id="xdx_496_20220101__20221231_zmvWyGVBvue6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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<tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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  <tr id="xdx_40F_eifrs-full--InterestExpense_iN_di_maFCENFzTbH_zPRK5XbXu5w3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_401_ecustom--NetInterestOnPensionPlans_iN_di_maFCENFzTbH_zKzs6DE5rlP5" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(115.6)</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments at fair value through profit or loss</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(4.3)</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Tax on financial transactions</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(339.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(216.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(335.0)</span></td></tr>
  <tr id="xdx_406_eifrs-full--BankAndSimilarCharges_iN_di_maFCENFzTbH_z5ROceiO8gWl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bank guarantee expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(176.1)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(174.9)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(188.0)</span></td></tr>
  <tr id="xdx_404_eifrs-full--OtherFinanceCost_iN_di_maFCENFzTbH_zt9jJYlXuiTh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other financial results</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(574.2)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(204.8)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(164.9)</span></td></tr>
  <tr id="xdx_408_ecustom--FinanceCostsExcludingNonrecurringFinanceCosts_iNT_di_mtFCENFzTbH_zyf4GeKOuFwf" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(7,892.2)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(5,427.8)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(5,430.5)</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Interest expenses are presented net of the effects of
interest rate derivative financial instruments which mitigate Ambev&#8217;s interest rate risk (Note 28 - <i>Financial instruments and
risks</i>). The interest expenses are as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfInterestExpenseExplanatory_zKvZMzWIxoeg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Expense (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B8_zGntgpmXj65i" style="display: none">Schedule of Interest expenses</span></td>
    <td id="xdx_49B_20220101__20221231_zYJy4PI2yIgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_490_20210101__20211231_z7CrDvx7qAOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_493_20200101__20201231_zndZFQTPt2bl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_z8zqjiZ4pvVj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments measured at amortized cost</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(764.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(466.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(776.0)</span></td></tr>
  <tr id="xdx_406_ecustom--InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_zIK8pkzO1I33" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Financial instruments at fair value through profit or loss</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F45_z9P9dxykDp15">&#160;(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,564.3)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(965.8)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,010.6)</span></td></tr>
  <tr id="xdx_404_eifrs-full--InterestExpense_iNT_di_mtIEzJSo_zASn0R8u63a9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,328.3)</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,431.8)</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,786.6)</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0C_zFKsLXcLf4Qg" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_zJbmleMk8vTf" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Include R$1,231 million (R$656 million at December 31, 2021 and R$657 million at December 31, 2020) as accounts payable present value adjustment.</td></tr>
</table>

<p id="xdx_8A6_zTXxpIKP7cEk" style="margin-top: 0; margin-bottom: 0">&#160;</p>







<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td><span style="font-size: 12pt"><b>Finance income</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfFinanceIncomeExplanatory_pn5n6_zUcpxOxJQpJa" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Income (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BB_zGldVnanIAPb" style="display: none">Schedule of finance income</span></td>
    <td id="xdx_497_20220101__20221231_zw9flzHHIOPg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49A_20210101__20211231_znsx40NQvxQi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49E_20200101__20201231_zPmG6LQnlnX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40A_eifrs-full--RevenueFromInterest_maFIBAOzuCZ_zw1bvjLFaUm" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,167.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,101.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,245.5&#160;</span></td></tr>
  <tr id="xdx_40E_ecustom--IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties_maFIBAOzuCZ_zUN7AYUKzO28" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest and foreign exchange rate on loans to/from related parties</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;37.1&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;42.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;10.6&#160;</span></td></tr>
  <tr id="xdx_407_ecustom--RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss_maFIBAOzuCZ_zS91NnwK84hl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments at fair value through profit or loss</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;95.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;77.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;242.6&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--OtherFinanceIncome_maFIBAOzuCZ_z1WqS0EiidH3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other financial results</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;565.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;78.9&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;49.9&#160;</span></td></tr>
  <tr id="xdx_400_ecustom--FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems_iT_mtFIBAOzuCZ_maFIzz0V_zlhbFEGyhmRd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt">&#160;Finance income, before adoption of new accounting policies</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,865.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;1,300.0&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,548.6&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_ecustom--FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies_maFIzz0V_ztlnVZZ46p9g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,603.5&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;922.4&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;447.4&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--FinanceIncome_iT_mtFIzz0V_zA5xsfO8LJBa" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Finance income</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,469.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,222.4&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,996.0&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A5_z2WWBXynuOy6" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">Interest income arises from the following financial assets:</p>

<table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfInterestIncomeExplanatory_pn5n6_zkLYKR4kA4xb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Income (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B1_zSAeKU6CxWn3" style="display: none">Schedule of interest income</span></td>
    <td id="xdx_498_20220101__20221231_zRnkRLlaC3G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_493_20210101__20211231_z0vbNd6UjJy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49F_20200101__20201231_ziiSq4AILyB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--InterestIncomeOnCashAndCashEquivalents_maRFIzT61_ze0SZC0uzUYa" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash and cash equivalents</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;791.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;329.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;234.6&#160;</span></td></tr>
  <tr id="xdx_404_eifrs-full--InterestIncomeOnFinancialAssetsHeldForTrading_maRFIzT61_zyOKYqlFe1Lh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment securities held for trading</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;175.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;84.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;4.3&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--InterestIncomeOnOtherFinancialAssets_maRFIzT61_z0bVlUJ4Yij8" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Other receivables</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup id="xdx_F4A_z6CvrXNQo5ha">&#160;(i)</sup></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,200.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;687.4&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,006.6&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--RevenueFromInterest_iT_mtRFIzT61_zkoRz8Uxe9ok" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,167.7&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;1,101.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,245.5&#160;</b></span></td></tr>
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<p style="font: 8pt Arial,sans-serif; margin: 0">&#160;</p>

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  <td id="xdx_F02_zbjIVctWQZA1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_zHssuUlISgOb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Refers, mainly, to monetary adjustment of recoverable taxes.</td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of finance income (cost). [Refer: Finance income (cost)]</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455712672">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX AND SOCIAL CONTRIBUTION<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td style="width: 3%"><span style="font-size: 12pt"><b>12.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_017"/><span id="xdx_82D_zPMJaoWJaB34">INCOME TAX AND SOCIAL CONTRIBUTION</span></b></span></td></tr></table>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 9pt 0pt 12pt">Income taxes reported in the income statement are analyzed as follow:</p>

<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfIncomeTaxExplanatory_pn5n6_zsT1KE2UavNf" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Income Taxes Reported (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BE_zcvgMv12OQx8" style="display: none">Schedule of Income taxes</span></td>
    <td id="xdx_497_20220101__20221231_zp7aKMlCb3Uf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49A_20210101__20211231_zWrV02j1jCGl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49E_20200101__20201231_zXNLTyTF1fti" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentTaxExpenseIncome_iN_di_maDTEIzXSe_zEyOm1CA9kHe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Income tax expense &#8211; current</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,718.9)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,268.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,048.9)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_408_eifrs-full--DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_iN_di_maDTEIzXSe_zFKRbbDwEeAe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred tax expense on temporary differences</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,012.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,072.9&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,576.0)</span></td></tr>
  <tr id="xdx_409_eifrs-full--AdjustmentsForDeferredTaxExpense_iN_di_maDTEIzXSe_zJJvGWdhwRe9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred tax on tax loss carryforward movements in the current period</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,361.9&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(440.9)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;862.4&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--DeferredTaxExpenseIncome_iNT_di_mtDTEIzXSe_maITECOzyJ5_z2fLeYhTMs4l" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total deferred tax (expense)/income</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,374.5&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;632.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(713.6)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iNT_di_mtITECOzyJ5_zF2aMiRYGv6a" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total income tax expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;655.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(636.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,762.5)</b></span></td></tr>
  </table>
<p id="xdx_8AF_zTz4lb2U6Pve" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">The reconciliation between the weighted nominal tax rate and the effective
tax rate is summarized as follows:</p>

<table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock_zk4oHemIUd27" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_ztpQTvi2Znrc" style="display: none">Schedule of reconciliation between the weighted nominal tax rate and the effective
tax rate</span></td>
    <td id="xdx_49B_20220101__20221231_zZsfHW5qyekb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_494_20210101__20211231_z1y5iDabjvC2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zATkojEfOPva" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--AccountingProfit_maNAPzlZV_zshCLtNphmi1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Profit before tax</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;14,235.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;13,759.2&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;13,494.4&#160;</b></span></td></tr>
  <tr id="xdx_40F_ecustom--AdjustmentOnTaxableBasisAbstract_iB" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Adjustment on a taxable basis</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_406_ecustom--TaxEffectOfOthersNontaxableIncome_i01_maNAPzlZV_zqkQB4SMYqci" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Others non-taxable income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(883.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(611.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(6.2)</span></td></tr>
  <tr id="xdx_404_ecustom--TaxEffectOfGovernmentGrantsRelatedToSalesTaxes_i01_maNAPzlZV_zClrVwjCfSi3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Government grants related to sales taxes&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(2,535.1)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(1,883.1)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(1,597.8)</span></td></tr>
  <tr id="xdx_401_ecustom--TaxEffectFromSharingResultsOfJointVentures_i01_maNAPzlZV_ztKwHuT1a8Af" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Share of results of joint ventures</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;29.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;115.7&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;43.3&#160;</span></td></tr>
  <tr id="xdx_40B_ecustom--TaxEffectOfExpenseNotDeductible_i01_maNAPzlZV_zWnj0PCwNFi5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Non-deductible expenses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;192.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;99.2&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;119.6&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--TaxEffectOfForeignTaxRates_i01N_di_msNAPzlZV_z5kIp3UXzbu5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Worldwide taxation</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;679.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(360.0)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;48.2&#160;</span></td></tr>
  <tr id="xdx_40B_ecustom--NetAccountingProfit_i01T_mtNAPzlZV_zGlR7aVwCfM5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;11,718.4&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;11,120.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;12,101.5&#160;</b></span></td></tr>
  <tr id="xdx_40B_eifrs-full--ApplicableTaxRate_i01_pip0_dp_z5y93cHeqoL4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Aggregated weighted nominal tax rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">29.47%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">27.39%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">30.26%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Taxes payable &#8211; nominal rate&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20221231_zx14YiYqEaBa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(3,453.3)</b></span></td>
    <td id="xdx_989_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20211231_zUANkarZZDef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(3,045.3)</b></span></td>
    <td id="xdx_982_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20201231_zxYJ7F2LIFnd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(3,662.1)</b></span></td></tr>
  <tr id="xdx_409_ecustom--AdjustmentOnTaxExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Adjustment on tax expense</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_ecustom--TaxEffectOfRegionalIncentives_i01_z8SGDQuZ6he1" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Income tax Incentives</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;234.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;213.2&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;123.2&#160;</span></td></tr>
  <tr id="xdx_406_ecustom--TaxEffectOfDeductibleInterestOfShareholdersEquity_i01_zDUgGBTv5IVk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Deductible interest on shareholders&#8217; equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;4,079.9&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;2,516.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;2,213.2&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--TaxEffectOfImpairmentOfGoodwill_i01_zI83XDCXIYgg" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Tax savings from goodwill amortization</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;27.2&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;77.5&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;77.5&#160;</span></td></tr>
  <tr id="xdx_40F_ecustom--TaxEffectOfWithholdingTaxOverUndistributedProfits_i01_zHnNN9CQkLie" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Withholding income tax</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(164.5)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(876.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(628.2)</span></td></tr>
  <tr id="xdx_402_eifrs-full--TaxEffectOfTaxLosses_i01_zS0UsNqM4XZ4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Recognition/(write-off) of deferred charges on tax losses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(58.2)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(1.5)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;123.2&#160;</span></td></tr>
  <tr id="xdx_40E_ecustom--TaxEffectOfAdoptionOfNewAccountingPolicy_i01N_di_zHIeWmBlSVn6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(249.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(123.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(50.5)</span></td></tr>
  <tr id="xdx_405_eifrs-full--OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_i01_zucQtsfGPeM4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Others with reduced taxation</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;239.5&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;602.8&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;41.2&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--IncomeTaxExpenseContinuingOperations_i01N_di_zz18JQFwD6Bl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Income tax and social contribution expense</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;655.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(636.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(1,762.5)</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--AverageEffectiveTaxRate_i01_pip0_dp_zq8jxeTRjzvd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Effective tax rate</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>-4.61%</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>4.63%</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>13.06%</b></span></td></tr>
  </table>
<p id="xdx_8A3_zebyf2Zq7EDk" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The main events that impacted the effective tax rate
for the period were:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">On September 24, 2021, the Brazilian Supreme Court of Justice (&#8220;STF&#8221;)
issued a binding decision favorable to taxpayers on proceeding n&#186; 1.063.187/SC (<i>Recurso Extraordin&#225;rio n&#186; 1,063,187/SC
&#8211; Tema 962</i>), recognizing the unconstitutionality of Corporate Income Taxes (&#8220;IRPJ and CSLL&#8221;) calculated over SELIC
interest earned upon the recovery of taxes.</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">The Company and its subsidiaries
have judicial claims in process as per described above. Based on the binding decision issued by STF and on the analysis of the Company&#8217;s
external counsels, the Company evaluates as probable that such tax treatment will be accepted in its respective lawsuits, as they relate
to the recognition of its right to recover/offset the amount of IRPJ and CSLL calculated and paid over SELIC interest earned upon the
recovery of taxes accounted in the period between 2006 and 2022, as well as the exclusion of amounts of this nature in the calculation
of its taxable basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">The amount related to <i>Tema
962 </i>that impacted the income tax rate in 2022 was R$<span id="xdx_902_eifrs-full--TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_pn6n6_c20220101__20221231_z761GRJOq1N8" title="Tax benefit arising from previously unrecognised tax loss, tax credit or temporary difference of prior period used to reduce deferred tax expense">329</span> million.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Government subsidy for sales taxes:&#160;for regional incentives and economic
development policies, these are related primarily to local production, contributing to economic and social impact, and, when reinvested,
are not subject to income tax and social contribution purposes, which explains the impact on the effective tax rate. The amount above
is impacted by fluctuations in the volume, price and any eventual increases in state VAT (&#8220;ICMS&#8221;), reflected in other operating
income or net sales depending on its nature, according to note
3 (y) &#8211; <i>Summary of significant accounting policies &#8211; Tax incentives and
subsidized loans.</i></span></td></tr></table>





<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Complement of income tax on foreign subsidiaries due in Brazil: shows the
result of the calculation of universal taxation of profits, according to the regulations of Law 12,973/14.</span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

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<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Withholding income tax: The amount is mainly related to dividends already
distributed and to be distributed by subsidiaries located outside of Brazil, applicable according to local tax legislation. The recorded
values in 2022 are mainly related to the exchange rate variation of the deferred income tax.</span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

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<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Symbol; font-size: 12pt; color: black">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Deductible interest on shareholders&#8217; equity: under Brazilian law,
companies have an option to remunerate their shareholders through the payment of interest on capital (&#8220;IOC&#8221;), which amount
is impacted by the taxable result, net income reserves of the Company and by the long-term interest rate (&#8220;TJLP&#8221;). These remunerations
are deductible for income tax purposes.</span></td></tr></table>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455772512">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PROPERTY, PLANT AND EQUIPMENT<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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  <td style="width: 3%"><span style="font-size: 12pt"><b>13.</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;</span></b></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_018"/><span id="xdx_82E_z4JVS4knT7rd">PROPERTY, PLANT AND EQUIPMENT</span></b></span></td></tr>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_pn5n6_zCh4a8P1ltZc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Property, Plant and Equipment (Details)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B3_zaJlukf5wtId" style="display: none">Schedule of property, plant and equipment</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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    <td style="white-space: nowrap; width: 56%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td id="xdx_984_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIF3KvGgzguh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;26,961.3&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231_zkK2tBNRNbj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;30,055.8&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231_zUV6KTHvOXC8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;29,224.3&#160;</b></span></td></tr>
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<p id="xdx_8AE_zrawYD8ia1Ek" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>








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    of Reconciliation of changes in property, plant and equipment</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; vertical-align: top; width: 40%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Land and buildings</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Plant and equipment</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixtures and fittings</b></span></td>
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  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition cost</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPRlYFJU5Fd" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,385.1&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWEMMgcpYtUk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;34,037.4&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzc5ZRYhODqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,219.4&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9bHWaLy3vPj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,830.7&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zliDt5xv2hYh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;56,472.6&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgYpk7vq5Fef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;54.1&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zK3wl4J9FT5c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;129.0&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwLRn93n45Dc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.3&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zHNMxJnSHCP9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.0&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzRBoxIbu0Jd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;193.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zniuP4INng9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;544.2&#160;</span></td>
    <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNwhBnngkr7j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,170.1&#160;</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWuuFmWl5TKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;216.4&#160;</span></td>
    <td id="xdx_984_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zfnMoa5msfq5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;148.7&#160;</span></td>
    <td id="xdx_983_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zltXLdeAOCp5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,079.4&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisition through business combinations</span></td>
    <td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zlRZqPJpinMe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.9&#160;</span></td>
    <td id="xdx_989_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCTtZKESsvgf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;8.6&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_ztkJ38WKi36b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_986_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDygeZFctxZ3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.1&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zGqUTrX0UTg6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisitions&#160;</span></td>
    <td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFsnwSegmRvj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.3&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z2htpC2wolml" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;960.1&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwkgAhkDvKNf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;45.2&#160;</span></td>
    <td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZwC0Yun2n3i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6,294.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zM843HO4WAEj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,311.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zj0SVm7syQ0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(117.7)</span></td>
    <td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAZrX8kjxy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,238.4)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNBukdBGpAv2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(360.4)</span></td>
    <td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zORwUHlw1c53" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.4)</span></td>
    <td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuMgfa0lIdk9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,719.9)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSSvbHiYCR99" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;662.0&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxJ4pfzRufj9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,402.9&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zd6idcSs8FTe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;401.5&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0rzDYwJR4ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,872.9)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1QjkMlPKFy5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(406.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbM9krXgAHs6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;13,539.9&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoS2q96i4rag" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;37,469.7&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLNzcHmnxhi6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,526.9&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zCGGPVpLvYi8" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,404.7&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztoQ8n3D41P7" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;63,941.2&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKUOR3rI7Ap5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,075.9)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7wwVt1TUN15" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,378.4)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zN7HR3tj2vRk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(879.5)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zELQF0p9dul7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(360.7)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgF3ybgE4y94" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5,694.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG1MguOL0K11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;870.5&#160;</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc8nX6L7NaL2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,891.0&#160;</span></td>
    <td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z5eKQWIh5C4b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;744.4&#160;</span></td>
    <td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z91gATfNvYF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.7&#160;</span></td>
    <td id="xdx_986_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLU0xd4Td2Oj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,758.6&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisitions&#160;</span></td>
    <td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJ1fRQgzoAkj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.2&#160;</span></td>
    <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjdNdeLkU8Wh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,283.5&#160;</span></td>
    <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcaiA6wLnMQl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;87.3&#160;</span></td>
    <td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcrXDro7i7ec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,923.7&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zYXCBeR16l6b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6,305.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSJjKlPT2TK" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(24.6)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zW38vCj0Y1Ij" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,531.4)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhwAfiLNZWT5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(349.8)</span></td>
    <td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNOA0l2xmrs7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2528">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhFPbtA5GGLe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,905.8)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWCiv2IhJRrh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,173.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKG99yG72OVi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,083.9&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zmfTCnWNTogk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;553.4&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhNU4kYCrQjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5,870.4)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_znQ18cHgZmKb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,060.0)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxvDKLm7t2Ma" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,494.2&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAtrxzYZKb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;39,818.3&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z82o8pZu9AGc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,682.7&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9AgcuYfSpib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,350.0&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z4pOALLc5nq2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;66,345.2&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 40%">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Land and buildings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Plant and equipment</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixtures and fittings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Under construction</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Depreciation</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zARN6MXvM8Lh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,993.6)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPi8vPxnFnKk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(23,831.0)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQ7KZEREU4Ok" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5,795.1)</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgcPjKY4tPpg" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTUJPAKbqCu1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(33,619.7)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVFkPHeBo37i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(39.7)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc50gzXdySkl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(52.4)</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zl1nSsyh1GB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.6&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQikLSS0rQ87" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWnZKHVBupOg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(81.5)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_987_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFMtAKtsCWDf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(94.1)</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zimMf3B0S4c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(557.6)</span></td>
    <td id="xdx_980_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z33s8hsOixXf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(146.6)</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zC0flM4M8Uf7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWOdbAyfBYw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(798.3)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisition through business combinations</span></td>
    <td id="xdx_98A_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zya2qFkMtkKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.3)</span></td>
    <td id="xdx_980_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs0rSygyPwhb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.1)</span></td>
    <td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQY06xCUOhY9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.2)</span></td>
    <td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zY3PJBqftctk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0RqABCWjZC5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.6)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDfur8MWwq7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(398.1)</span></td>
    <td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zb7Jx4T9dCy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,098.5)</span></td>
    <td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zONbS28rlbJ5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(634.4)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlOsuPqiDc6j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zOY9116oTA9c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4,131.0)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSMeap2UZm6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;46.6&#160;</span></td>
    <td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVIGClUlY65k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,222.6&#160;</span></td>
    <td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zr0v8cREylg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;320.6&#160;</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZleOw2k896c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPibWIm4b9lc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,589.8&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTAoEMmeH1d7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;36.6&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU8bNy5CWZue" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.3&#160;</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zF0iEd1ndjsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.4&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zrc6kfMfXkT9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zy9aLaDTakpf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;43.3&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impairment losses</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztemukLEXB2k" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.1)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEOZKnqWlewe" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(269.0)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zGCYWyvUOIt8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.1)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWtUoTvNXfV4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRlJYWNZTtjk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(278.2)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKRPzXlSzJPe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4,449.7)</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPWe7FfMC0r9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(26,585.7)</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZcPuH1sjJOc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,241.8)</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zf8Kft78J6A2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG9ueTZJYx" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(37,277.2)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD92lJKkv96l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;243.8&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFuFg82yXChj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,311.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcQztDuCxC1d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;767.9&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDpIb69fKF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoR6t5abq0Wj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,322.8&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z20oIKC2kUO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(157.8)</span></td>
    <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlTP3JmvecXg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,938.4)</span></td>
    <td id="xdx_98A_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zx7vMIN3b1ge" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(647.7)</span></td>
    <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zu6p9fF89wue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zdk1WLNPdC98" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,743.9)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNMQjLx3XC3b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(436.4)</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgl9ULimaD7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,161.0)</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRDZ9J32MTsc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(579.7)</span></td>
    <td id="xdx_98A_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJpx7FAT5vNa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2668">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zw7v2bbxejJg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4,177.1)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_983_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQEGCob2Yoik" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.5&#160;</span></td>
    <td id="xdx_980_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU7MjWih83rb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,515.7&#160;</span></td>
    <td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7IkESVuVgS6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;335.2&#160;</span></td>
    <td id="xdx_984_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs1kUK7ZpXt1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zUMXZAGlb5o6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,855.4&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSfw4shtqGoc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.1&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz6hRVQNJVz" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.7&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjN15zuH7O4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.3&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRcQoXTN74O5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1mxM96ClBza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;40.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impairment losses</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbB7uKj7fCfc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.4)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVVi2sTeEwn6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(403.6)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zkObd932xXal" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2696">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zP4sHBE2Ivhb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEEjFcX6LBta" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(404.0)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIEy2FMWtTNj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4,795.9)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zpqqEoPwboT6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(28,229.2)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9qou4ZXMKlj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,358.8)</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbhDst8iWu4h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVXWVbBFVKLk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(39,383.9)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zsusdY60iVh7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,090.2&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zctkQyHJKxW6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;10,884.0&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAuSFSRRo52j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,285.1&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz7RDMGXK8Zi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,404.7&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcPOfhgUYVDj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;26,664.0&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7vztkbpoUW" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,698.3&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD2oW5sBu4pa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;11,589.1&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQUDciQ37hv9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,323.9&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zBOmAZIy8tgg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,350.0&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAD0OOeduWc6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;26,961.3&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The balances of fixed assets provided as security are
not material.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Right-of-use asset:</b></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: top; width: 52%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Buildings</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Machinery, equipment and vehicles</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition cost</b></span></td>
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z8AtucGlz2a2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,791.6&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zo487D8GAKT" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,905.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zJ4o072Ih8E1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;175.5&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUytO7L1snIj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,873.0&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zgVn7vGJm2Yg" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;51.8&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z60IvhUkZhJe" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.0&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zh4Axxo4Ipkl" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.3&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zK3P6cmKBMue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;62.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zxRAf5YlkPgd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;803.9&#160;</span></td>
    <td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zsTQ3qlQuZU2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,409.6&#160;</span></td>
    <td id="xdx_982_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zaWhARS6fdxe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;71.2&#160;</span></td>
    <td id="xdx_980_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zG6ysg0dFb75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,284.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zvLrkF7TKLm2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(312.4)</span></td>
    <td id="xdx_98C_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zWoh81CRWFN" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,327.8)</span></td>
    <td id="xdx_98F_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zKPPIOEs0t6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(122.7)</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzx0rS8EK5Bj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,762.9)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqraWIOe2z6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(27.7)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zlG3dSG6FGVb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(76.5)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKbMWyiqTbB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;90.3&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z2guAGMc5qAh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(13.9)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6Ul44Q65dk8" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,307.2&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMwOzkgOlN17" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,915.2&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zNrHf1X69n9b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;220.6&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zL9KLzztd49b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,443.0&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zwxWbkE0DhAk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(111.6)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv7HnTL1P5vd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.7)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z97Y7Tao6qnb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.4)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zr2zLfTZ7Efl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(128.7)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zIgvKR1xiWwa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;628.0&#160;</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zwRimQ3Rc34e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;915.0&#160;</span></td>
    <td id="xdx_98E_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zfHouh9NH2dl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;94.7&#160;</span></td>
    <td id="xdx_98B_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z9DvvQ5bHOt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,637.7&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zeGrFCrrwKN2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.2)</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zdEKs3YZoOm4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(252.5)</span></td>
    <td id="xdx_982_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zuvUbaS85JPk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zR0i1r0aLoU3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(263.7)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv67oAbNPDa5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(114.0)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z555wr3jmVR5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;21.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUoYHcxN01Ne" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.8)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzbkZaw9BOVa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(100.1)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBhkbTKz3n56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,698.4&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zszVUzN6dIbb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,587.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhljZNMfyQP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;302.1&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4N0Sy6Cpw2f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,588.2&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 52%">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Buildings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Machinery, equipment and vehicles</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Depreciation</b></span></td>
    <td colspan="4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqiiRH1sTuxg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(812.9)</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zse5YoE0anj4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,017.9)</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRzpTo2dfO2l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(126.7)</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z99l9UyenQJ2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,957.5)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zbv7gHZmjQKb" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.3)</span></td>
    <td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.5)</span></td>
    <td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.6)</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zYIFQVEjt1t5" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(24.4)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_983_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zGBhBh8xrkb4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(476.3)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zH5znmeEk8D5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(489.4)</span></td>
    <td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpFCx9u4znal" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(58.7)</span></td>
    <td id="xdx_986_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6DpozWiLCF5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,024.4)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zfqkli690KF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;205.8&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zlXAJs9GwoNi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;794.9&#160;</span></td>
    <td id="xdx_98D_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zWEPACjJphe4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;109.6&#160;</span></td>
    <td id="xdx_98B_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhEp5vPbIxza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,110.3&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers (from)/to other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ziowCmWNcR1e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;43.1&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(31.2)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl7dpKmvBjFk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.4&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zrRzPfUmr84f" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,101.2)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zXZgQ3BT9WTb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(670.8)</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMDiqpKVhAQg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(110.6)</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIRDf0s3siR" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,882.6)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRaFVp06YIi5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;47.3&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.0&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zFTgmLgjTDVh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;56.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98B_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBAgaAJlK4ce" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(391.6)</span></td>
    <td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDEsDugOPlNl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(415.3)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z5ZkOQzLIlo2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(38.6)</span></td>
    <td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4A55PKKxjA9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(845.5)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_984_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zWXv1N7vksL3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;20.9&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zc1viWyHtFch" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;58.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zBSXoacpuwQj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zULY1reLQmV9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.9&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers (from)/to other asset categories</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zi1b0B776Ii" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;77.1&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.5&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zV9D5SVAuBIl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;99.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKr66Y6ZKCo1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,347.5)</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zWss27nnSsPf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,010.3)</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDbi9HJehZY6" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(135.9)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUnl97ra5fja" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,493.7)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zmhH5vDKlTS7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,206.0&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl28Pl5w27Ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,244.4&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIhe0xlvmF5a" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;110.0&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZgKYAYF6Tqf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,560.4&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zkyKZVSsmCIj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,350.9&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzgvedy0ubFf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,577.4&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDnSwBhgeu0d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;166.2&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpb09uMHr9k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,094.5&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A4_zMkoexleZwIl" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The average discount rate applied for IFRS 16, using
the incremental rate was as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--AverageDiscountRateAppliedForIFRS16TextBlock_pn5n6_zyL3inYFNdil" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Average Discount Rate Applied for IFRS 16 for January 1st (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zyZjx1t1cIa8" style="display: none">Schedule of average discount rate applied for IFRS 16</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Lease Term</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 3%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zNp6Thr5LB2g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">9.46%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_ztaAO73erARc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">7.29%</span></td>
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    <td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zK9yI1WHh8I9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">10.54%</span></td></tr>
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    <td id="xdx_985_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zt8f2zVvZwY8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">10.27%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_ziLrIhrq2G1c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">9.78%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zWUTr0SdNsP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">8.19%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">2032 - 2036</span></td>
    <td id="xdx_98A_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_z0gTKo5HFzYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">15.16%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zUQcefq82x42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">14.47%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zgtRE6wKjEB3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">10.97%</span></td></tr>
  </table>
<p id="xdx_8AD_z6cXqZ3mnqca" style="font: 10pt/115% Arial,sans-serif; margin: 0 0 10pt">&#160;</p>








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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Section Disclosure<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;doctype=Standard&amp;dita_xref=IAS16_g73-79__IAS16_g73-79_TI<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450653984">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>GOODWILL<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GoodwillAbstract', window );"><strong>Goodwill - Changes In Period</strong></a></td>
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<td style="width: 3%"><span style="font-size: 12pt"><b>14.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_019"/><span id="xdx_826_zuxDCVaXWXEi">GOODWILL</span></b></span></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfReconciliationOfChangesInGoodwillExplanatory_pn5n6_z4nsw5GGYe03" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Changes in the Period (Details)">
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    <td id="xdx_497_20220101__20221231_zOMf6FmRrH7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_497_20210101__20211231_zHCIbgqxl0jb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 66%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_405_eifrs-full--Goodwill_iS_z8tD6HlyR3lf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Balance at the end of the previous year</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Balance at the end of the year</b></span></td>
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    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;42,411.3&#160;</b></span></td></tr>
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<p id="xdx_8AE_z25oYQ4TEMpj" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The carrying amount of goodwill was allocated to the
different CGU as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_pn5n6_zzdQfZ42iMK4" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Carrying Amount of Goodwill Allocated to the Different Cash-generating Units (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zHHCt2DvdMw" style="display: none">Schedule of carrying amount of goodwill</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Functional currency</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Brazil</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">BRL</span></td>
    <td id="xdx_989_eifrs-full--Goodwill_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zVDcfUUxkymi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;17,702.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_z32xiBA4Nb85" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;17,702.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Goodwill</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--GoodwillGrossAmount_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zgVZVDZDUScl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;102,945.0&#160;</span></td>
    <td id="xdx_985_ecustom--GoodwillGrossAmount_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zV9uq4vd43W7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;102,945.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">&#160;Non-controlling transactions&#160;</span><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></td>
    <td id="xdx_987_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zQi0e4tmL4R2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(85,242.6)</span></td>
    <td id="xdx_985_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zKfWHt3UvgU1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(85,242.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>CAC:</b></span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dominican Republic</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">DOP</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zhRdGA9GhFEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;4,231.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zamPLQ0OTncd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;4,439.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Panama</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PAB</span></td>
    <td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zwO3vBd4VaBj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,813.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zgKWUpJAFwh8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,939.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Latin America - South:</b></span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Argentina</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ARS</span></td>
    <td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zHZ2Ncs6gZHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3,463.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zo3iRmZ1rOZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3,232.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bolivia</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">BOB</span></td>
    <td id="xdx_98B_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zG49R1e8NFsf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,845.6&#160;</span></td>
    <td id="xdx_981_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zpmjbX0n5Umd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,973.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Chile</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">CLP</span></td>
    <td id="xdx_98A_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_z15TqvaAhI36" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;53.1&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zr1st4UtZBxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;57.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Paraguay</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PYG</span></td>
    <td id="xdx_984_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zIdnCzoMXbQ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;953.8&#160;</span></td>
    <td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zqYyXtRjDh2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,083.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Uruguay</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">UYU</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--UruguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zUn3QFiwcBBd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;193.1&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--UruguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zunGo0JLVHPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;185.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Canada</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">CAD</span></td>
    <td id="xdx_983_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--CanadaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Canada1Member_zl7bIme13yng" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;10,337.6&#160;</span></td>
    <td id="xdx_98C_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--CanadaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Canada1Member_z8uBN30hWRlg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;11,797.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--Goodwill_iI_pn5n6_c20221231_ziitezFHuhLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;40,594.0&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20211231_z4cEdzvKXaTd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;42,411.3&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zR2hGsQ0h9r7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_zTiQB5QAkhEa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">This refers to the shareholding exchange transaction in 2013 as a result of the adoption of the predecessor basis of accounting.</td></tr>
</table>


<p id="xdx_8A8_zZ8IJ0K2zIoj" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify">The impairment testing of assets with indefinite useful
lives requires the use of a number of critical judgments, estimates and assumptions. Goodwill, which accounted for approximately <span id="xdx_90A_ecustom--GoodwillPercentageOfTotalAssets_iI_pip0_dp_c20221231_zswIimsO22r8" title="Goodwill percentage of total assets">29</span>% of
total assets, as at December 31, 2022 (<span id="xdx_901_ecustom--GoodwillPercentageOfTotalAssets_iI_pip0_dp_c20211231_zQ1bLLRXTTCh" title="Goodwill percentage of total assets">31</span>% as at December 31, 2021) is tested for impairment at the cash-generating unit level at least
annually. The cash-generating unit level is the lowest level at which assets are monitored for internal management purposes. When a business
combination occurs, assets with indefinite useful lives are allocated, from the acquisition date, to each business unit that is expected
to benefit from the synergies arising from the combination.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Annual impairment testing</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The Company cannot predict whether an event that could
trigger impairment will occur, when it will occur or how it will affect the value of the asset reported. The Company believes that all
of its estimates are reasonable, are consistent with the Company&#8217;s internal reporting and reflect Management&#8217;s best estimates.
However, inherent uncertainty exists which Management is not able to control. While changes in estimates could have a material impact
on the calculation of fair values, and trigger impairment,</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">the Company, based on the sensitivity analysis performed,
is not aware of any reasonably possible changes in key assumptions that would cause a business unit&#8217;s carrying amount to exceed
its recoverable amount.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 2pt 0 0; text-align: justify">The Company completed its annual impairment testing
for goodwill based on the assumptions described below and concluded that no impairment charge was warranted.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The methodology used by the Company to determine
the recoverable value of all its CGUs is the net fair value of selling expenses, using multiples of the profit before financial result,
income tax and depreciation and amortization expenses (&#8220;EBITDA&#8221;), observed in the market for previous comparable business
transactions in the domestic and international brewing industry. The values &#8203;&#8203;used by the Company for this approach are based
on external sources of information. This measurement is classified at Level 2 of the fair value hierarchy, since the main source of information
used by the Company to determine the recoverable value was the EBITDA multiples of observable transactions involving comparable businesses.
As part of this multiples analysis, the Company has established that CGUs with invested capital that exceeds seven times their EBITDA
should have their recoverable value determined using the value-in-use approach, to determine whether the fair value less costs to sell
exceeds the carrying amount of the CGU. Based on the most recent analysis carried out by the Company, only Chile and Panama met this criterion.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Thus, for Brazil, Panama and Chile CGUs, the
Company also used discounted cash flow projections to determine the CGUs&#8217; recoverable amounts, in order to corroborate the conclusions
reached by applying the fair value less disposal costs approach that he carrying amount of these CGUs does not exceed their recognized
accounting values. The selection of these CGUs considered quantitative and qualitative aspects, since only the Brazil CGU, which is the
most representative of the Company as a whole, and for Chile and Panama CGUs, have reached a multiple above the pre-determined parameter
related to EBITDA.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>Sensitivity analysis </b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Based on the probable scenario, a sensitivity analysis
was carried out for a 0.5 percentage point increase or decrease in the discount rate and growth rate. In any combination, the value of
the cash flow is higher than its book value. As a result of this&#160;analysis, there is no need to record any provision to impairment
from these assets.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The key judgments, estimates and key assumptions used
for the discounted free cash flow calculations for these CGUs were as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td><span style="font-size: 12pt">The first year of the model is based on management's best estimate of the free cash flow outlook for
the current year;</span></td></tr></table>






<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td style="text-align: justify; padding-right: 1.85pt"><span style="font-size: 12pt">To the second year of the model, the free cash flow
is based on AB InBev's strategic plan, as approved by key management. AB&#160;InBev's strategic plan is prepared on a per country basis,
and is based on external sources of macroeconomic assumptions, industry trends, inflation and foreign exchange rates, past experience
and identified initiatives in terms of market share, revenue, variable and fixed costs, capital expenditure and working capital assumptions;</span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td style="text-align: justify; padding-right: 1.85pt"><span style="font-size: 12pt">From the third to the tenth year of the model,
                                                                                                                            the cash flow is extrapolated using the growth in volumes, price indexes, and expected market share for each CGU. For the Chile and
                                                                                                                            Panama CGU, the best estimates from local Management were considered; and</span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 14.2pt"><span style="font-family: Wingdings; font-size: 12pt">&#167;</span></td><td style="text-align: justify; padding-right: 1.85pt"><span style="font-size: 12pt">Projections are made in the functional currency of
the business unit and discounted at the unit's weighted average cost of capital (&#8220;WACC&#8221;), considering sensitivities of this
metric. </span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">Based on the cash flow analysis, the growth rates applied ranged from <span id="xdx_901_ecustom--GrowthRate_pip0_dp_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3rmYkQBjJW5" title="Growth rate">3.3</span>%
to <span id="xdx_907_ecustom--GrowthRate_pip0_dp_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zPWIf6AFmDw3" title="Growth rate">8.7</span>%.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The nominal WACC applied in the local currency for each
CGU was as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_zatjSSKXrtRg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Weighted Average Cost of Capital (Details)">
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    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span id="xdx_8B1_zFDuJmsFoHyk" style="display: none">Schedule
    of local currency</span></td>
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%">&#160;</td></tr>
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    <td style="border-bottom: Black 1pt solid; width: 79%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif"><b>CGU</b></span></td>
    <td style="border-bottom: Black 1pt solid; width: 21%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"><span style="font-family: Times New Roman,serif"><b>2022</b></span></td></tr>
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    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif">Chile</span></td>
    <td id="xdx_980_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zYEsq2sEQ3rj" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"><span style="font-family: Times New Roman,serif">11.4%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif">Panama</span></td>
    <td id="xdx_987_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_z0Gik6cIXlph" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"><span style="font-family: Times New Roman,serif">10.0%</span></td></tr>
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    <td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"><span style="font-family: Times New Roman,serif">Brazil</span></td>
    <td id="xdx_989_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--BrazilMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zgYjjpie4Sc6" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"><span style="font-family: Times New Roman,serif">12.7%</span></td></tr>
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<p id="xdx_8A2_z9dNznSAZMd2" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Although Ambev believes that its judgments,
assumptions and estimates are appropriate, actual results may differ from these estimates based on different assumptions or
conditions of market or macroeconomic.</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>






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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450374128">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INTANGIBLES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td class="text"><p id="xdx_801_eifrs-full--DisclosureOfIntangibleAssetsExplanatory_zHII8xNqi2Vj" style="margin-top: 0; margin-bottom: 0">&#160;</p>

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<p style="font: 9pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_pn5n6_zlKBemVArlgi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTANGIBLES - Reconciliation of Changes in Intangible Assets (Details)">
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    of intangible assets</span></td>
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<tr>
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  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition cost</b></span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zdUArWLYTkN8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,653.3&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zFgeOpGB7FO8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,284.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGXkOaAWEMfi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,238.2&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zPlYU1hNjxJe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,100.8&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zP9yBLMnViM1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,276.8&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zjGEvNRPiFXb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;123.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zxZu65HOw7B6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16.3&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGHlQAwfQnFj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(20.9)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ToLjqqUDNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zj9ntKDSfqe2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;114.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zWRtvkF0qIO3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;622.0&#160;</span></td>
    <td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zmrwJlmeQDN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;56.1&#160;</span></td>
    <td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zrRGiPObatF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;103.8&#160;</span></td>
    <td id="xdx_98C_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zkl9IOMRAawi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;149.1&#160;</span></td>
    <td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zwVdDjhkKRqg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;931.0&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zw7liDQJxl7d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zuBzwKb4v0A" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zdg7VsPXDmlb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.0&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z7PGqIxnRVk4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;340.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKyDJIYSINKi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;366.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal&#160;</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zNejsx3OPPu6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(31.0)</span></td>
    <td id="xdx_986_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI6HZF135Ru8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z4UEnl9w5ph9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(13.4)</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zqIj01NX2Jl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVTJRMna2Tzf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(44.4)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsuz8rlNaP0f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(39.0)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z0aTOUVR0uKj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.5)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zXqqSOb7tlR8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;625.3&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW1gZ7Ka0h4b" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(206.9)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zhLoceeL1thd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;370.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zCMvdIshiaM3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,329.0&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zsHJSgFEDAHc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,348.4&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZ8JQvbuHQi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,959.0&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW7RfREhw496" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,378.5&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z3GXyEqnMiu7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,014.9&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z8h5ehJTFgE3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,096.2)</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zbgIZa85Pk5b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(114.3)</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjZLGA94kc7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(351.3)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zjZlcMCHKKUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(308.4)</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zK68i0y6YQFd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,870.2)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zSGBivdM1dc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;930.3&#160;</span></td>
    <td id="xdx_98D_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zEHsjJD9EnVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;71.3&#160;</span></td>
    <td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z9GnRG8IUo5f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;338.7&#160;</span></td>
    <td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zuwceQCpG4Nb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;292.3&#160;</span></td>
    <td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znJY8O6rdEJl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,632.6&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zvNOZK44nBjc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zMjdulY2Wpe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zElPr3dL8dC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.9&#160;</span></td>
    <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zSUX1bOKVSZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;220.5&#160;</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVYrsJchb77k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;227.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal&#160;</span></td>
    <td id="xdx_989_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbA8rJkuYIXh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zOnQ0SarOXn2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zftGnTPzTY7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zfweYLy98bje" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zEPchHBfrqp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zW0cyXWQIFxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zG3ZkMQ7k31f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.2&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjX1xpwEnA4l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,400.7&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zE6NxfSv1A34" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(364.1)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z82nuXNtCLNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,039.8&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zhSM6K0TjKLj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,163.1&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zkB7qoiTcbg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,308.6&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zhLcMB2FwGY7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,353.9&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zGojVYeTsk7a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,218.8&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zl7C9ig7Hep9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,044.4&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 48%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 9%">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 13%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Commercial</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Brands</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>intangibles</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Software</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortization</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zQPEenF5GMyl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI84STufKmzf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,584.4)</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zR9TjKieXbv3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,458.3)</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zEdi6CFFnm0h" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(653.5)</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zvOndh4Js4tb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4,696.2)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zne95UIz7yrc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_ztDv0wBVpMse" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.1&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zqMgTxTyjgt5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15.1&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpXqgEHNsBsl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;20.7&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zZ4mw52ipYRd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;48.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zR9wKYvhC7Lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zcR72PJOOIb3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(56.0)</span></td>
    <td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zAoKrYUrEJ7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(83.8)</span></td>
    <td id="xdx_989_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z97Ir8hs1v04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(139.7)</span></td>
    <td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z1C1h9wnawcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(279.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Amortization</span></td>
    <td id="xdx_98B_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbWltTB3r0B5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z4KWQQLh84Mk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(58.4)</span></td>
    <td id="xdx_987_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zoXQiRuhogIf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(299.7)</span></td>
    <td id="xdx_981_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z1HVvVLRxh5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.8)</span></td>
    <td id="xdx_98D_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zaLpOnQ8RkEg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(404.9)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal</span></td>
    <td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zOMYbKHUJKFl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zf32L83Bpuf3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zPB5xZc2NrO7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.1&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zt7qu0fXaP19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zUxnljIITkOi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zHBoXTzbSNCj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLiKS15RxZ8g" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;8.5&#160;</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2Z64b9myjo2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(16.7)</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zcePMpKWfRc7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zyt6XM0e1d5k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.3)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_985_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zGWD376SGZ43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z5Pt3qqeAzBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,677.2)</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z1b9mW7Zi571" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,829.3)</b></span></td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpcf34k5ZFBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(819.4)</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zPF4UQpqLa4b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5,325.9)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zm246It4QkWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zCcv9K4K6x56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;69.6&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z55wVEbKPHjb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;220.7&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zX1pNKOChps7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;212.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za41Liljif1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;502.7&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zc56KvVzFd63" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUjvd13Wozh9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(71.2)</span></td>
    <td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkjxXyCD4Jpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(211.8)</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zvfj0FdFxUcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(215.5)</span></td>
    <td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zmWeRE8U40l6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(498.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Amortization</span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbfPWHEvpwjf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLR16ssren41" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(58.1)</span></td>
    <td id="xdx_980_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zUp20bFIv3W2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(401.1)</span></td>
    <td id="xdx_984_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z0oye8nOcM9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(43.0)</span></td>
    <td id="xdx_989_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zreIu3rDM1lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(502.2)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal</span></td>
    <td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z43HE6FOrNh1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUSlMRzI1jDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zQWznfZP7g2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.1&#160;</span></td>
    <td id="xdx_981_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zKKAtyEUefXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zfHZjNpUJlP" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsesMj5LCBV7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zSJsDJKJLJL7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zMGkHd82f0C2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.6&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zWOpXPRkqlz7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zsJCiZhXq8Ah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.6&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zBQbfshPFzCg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zBq0CLgNVvNe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,736.9)</b></span></td>
    <td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zf7VSKv7bwb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,219.8)</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zxGZOUJlynV" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(865.5)</b></span></td>
    <td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zIJCA7VqjBdc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5,822.2)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td colspan="5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_987_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_ziuoniY3WDD4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,329.0&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zT77Y7GUByB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;671.2&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkITPBl5VTja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,129.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zO1XQHNyI4Ci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;559.1&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231_zclvVGEBnTN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;8,689.0&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zuZMc7Yn8fr5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,163.1&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zZUMcXFzCOJ4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;571.7&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z618GaQluPHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,134.1&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ATUKXe9nFa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;353.3&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231_znC5uCoYbhe7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,222.2&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A2_zogxzTKmOqyj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The Company is the owner of some of the world&#8217;s
leading brands in the beer industry. As a result, brands are expected to generate positive cash flow for as long as the Company owns the
brands, and accordingly they have been assigned indefinite useful lives. The most representative brands that have been recorded as a result
of the fair value determination of past acquisitions are <i>Quilmes</i> in Argentina, <i>Pilsen</i> in Paraguay, <i>Pace&#241;a</i>
and <i>Huari</i> in Bolivia and <i>Presidente </i>and <i>Presidente Light</i> in the Dominican Republic.</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The carrying value of intangible assets with indefinite
useful lives classified as brands were allocated to the following CGUs:</p>

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory_pn5n6_zjl5xIan9ZUd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTANGIBLES - Intangible Assets by Location (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B2_zSHCgtSh59za" style="display: none">Schedule of carrying value of intangible assets with indefinite
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<p id="xdx_8A6_zkvmfxyVszS1" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Intangible assets with indefinite useful lives have been tested
for impairment on a CGU level basis, which is consistent with the approach described in Note 14 - <i>Goodwill</i>.</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INVESTMENT SECURITIES<br></strong></div></th>
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    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<p style="font: 8pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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  <td id="xdx_F13_zlesEqIJr5oh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The balance refers substantially to financial investments linked to tax incentives that do not have immediate&#160;convertibility into&#160;a
known amount&#160;of&#160;cash.</td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455712672">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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  <td style="width: 3%"><span style="font-size: 12pt"><b>17.</b></span></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_022"/><span id="xdx_82F_zRgYFPj72L5d">DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION</span></b></span></td></tr>
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<p style="font: 9pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Deferred taxes for income tax and social contribution
taxes are calculated on temporary differences between the tax bases of these taxes and the accounting calculations of the Company, which
include tax losses. The tax rates in Brazil, which are expected to be applicable upon the realization of the deferred taxes, are 25% for
income tax and 9% for social contribution. For other regions in which the Company operates, the expected nominal rates are as follows:</p>

<p style="font: 9pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock_pn5n6_zDNrAoW9J2cl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Applied Rates (Details)">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zZDouOoBSu1k" style="display: none">Schedule of expected nominal rates</span></td>
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<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 12pt">Central America and the Caribbean</span></td>
    <td style="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 12pt">from <span id="xdx_90E_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z93Mtymp6pWi" title="Applied rates">15</span>% to <span id="xdx_90C_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z2YpLDd3x5v3" title="Applied rates">27</span>%</span></td></tr>
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<p style="font: 8pt/115% Times New Roman,serif; margin: 0">&#160;</p>

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  <td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Amendments to Argentine tax legislation enacted in June 2021 and applicable from January 2021 increased the income tax rate from <span id="xdx_909_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210601__20210630__srt--StatementGeographicalAxis__custom--ArgentineMember_zxN5spX2ToVk" title="Applicable tax rate, first two years after legislation changes">30</span>%
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<p id="xdx_8A5_zNNjp3ZUovMh" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Deferred tax assets are recognized to the extent that
it is probable that future taxable profits are probable, which may be offset against recorded temporary differences at December 31, 2022.</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">The details of the amount of deferred income tax and social contribution
by type of temporary difference are as follows:</p>

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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BE_z8HljKrz1Y5j" style="display: none">Schedule of deferred income tax</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
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    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
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    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liabilities</b></span></td>
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    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zdK3RMtutW62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td>
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    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zudsWweEBIfi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zLqeUkmEufW8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12.5&#160;</span></td>
    <td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zoxFwSfRIUDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.5)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zuctewar5Hd7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Intangible</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zM94D7HCopfd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zqdkktdQpPPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,690.2)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zfPnNo7Z4gHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,690.2)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zN63AyDb6RLa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zLIh54UMjvi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,634.5)</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zvcdh5AEz591" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,634.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Employee benefits</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zK0QfrRuIO11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;951.2&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zZF5aYObz8G7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zJFGDUPJrRC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;951.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zQp8vyJzmEOf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,278.2&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zwXOOAWPqhMi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.0)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zsk15DjRIrze" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,276.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJ3LNGiT1gN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,232.8&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_ztfvPQhEDkUd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.9)</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z7Y3HoZoErl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,229.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zPsBJgc5mrD" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,113.3&#160;</span></td>
    <td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z6q40KsLBaz2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.1)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJdLyGmaphW3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,112.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zFrei5kh0Idg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;38.6&#160;</span></td>
    <td id="xdx_986_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zu7OWEro1yG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.8)</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zJ6QxwwXQtT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zvIUf88xwSV4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.6&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zeHnuZCoYg69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl3457">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zRpURLBVjsD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zaac8aC9fG1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;95.1&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zcuyS9r2w8Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(44.8)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zKfpZEdOirD2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zyJZLRybRKS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;232.2&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zWUc4QKrI0h1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(72.4)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zxlP3ltDviQ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;159.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-Bearing Loans and Borrowings</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zAVa1YNYA93h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zep7IhL8KE3j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.9)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zMzi5J1QR8q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zZVJ1hF11sab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z6oFSY18c8l8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.6)</span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1kwesiRdlli" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inventories</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zAReztFDmd5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;413.9&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zO0d7KZD5a28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(139.3)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zrAXxaFw0Z03" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;274.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z6jDmrn3GVSj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;328.2&#160;</span></td>
    <td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zJ07RXLPy0Nh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(49.1)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zRGc4WachSnc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;279.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Property, plant and equipment</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zwIHce3r3o95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;899.5&#160;</span></td>
    <td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zvUtzoLnSR6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,177.1)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zCymp9pxQyid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,277.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_z2gYIlOydxIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;645.4&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zR5m2SJeMT97" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,027.0)</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zOf45JKTP1da" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,381.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Withholding tax on undistributed profits and royalties</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpcM8pO8Aq92" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zcWYKnRLBrj1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,877.6)</span></td>
    <td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpzvqCP6J964" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,877.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zqnGdKCypcol" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zBtTDYVdnxNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,079.5)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zt4VWLoYGe4d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,079.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments in joint ventures</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zH49yzGu8v71" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zjkBGvRPDFu8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zOvX6eXsAUk7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zIYf7yD83JJf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zuClhM9sISc7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zVdeYVbOgh5k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Losses carried forward</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zn88BxXRuA4i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,660.7&#160;</span></td>
    <td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zZkhCUxWygh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zwAOjBIeS5vb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,660.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zLY5kr2NS905" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,298.8&#160;</span></td>
    <td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zsEPCdheEuwd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zb2ln2JD4Ew8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,298.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Provisions</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_z90pEIIbF3Hl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;819.3&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zdO392LZKkP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zlKmNoxqS6G9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;819.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zKf1phQsOYvb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;696.9&#160;</span></td>
    <td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zVGUsP5vQ6W8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.2)</span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zHtu9c1m7Bn" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;696.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impact of the adoption of IFRS 16 (Leases)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zhkS3nQi9V86" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;35.1&#160;</span></td>
    <td id="xdx_980_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwDtBWoEMHj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.4)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_z3ypYjKtJVsj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zZL7bmmp5wVc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.6&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zqc09q9yaLy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.3)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zfXBJFtYn8j3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ICMS on the assessment bases of PIS/COFINS</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zwh0oKCrObRf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zEnMIRt8RDsh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zZuiFIdDIvqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zaLqB6gGEaZ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
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    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_ztvQszTxop96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,019.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other items</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z95c6gn6DDtg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;260.8&#160;</span></td>
    <td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zIsEpaG7dtfg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(164.1)</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znBhqbJnUHb9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;96.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zNKMbG9bwB3l" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;110.3&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zWRUBDdcjfel" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.9)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zmrQjZPxaf48" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;90.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Gross deferred tax assets/(liabilities)</b></span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231_zIun48GAm7X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,415.0&#160;</b></span></td>
    <td id="xdx_982_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231_zqmmvdxqe2Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,701.9)</b></span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z0cjIoErjDX6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,713.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231_zRWnerxUko72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;8,845.0&#160;</b></span></td>
    <td id="xdx_985_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231_zrYkb3Rebj1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(7,331.3)</b></span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zuta56xCvUO5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,513.7&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Netting by taxable entity</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn5n6_c20220101__20221231_zUOxbqMT36he" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,976.2)</span></td>
    <td id="xdx_98B_ecustom--DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_pn5n6_c20220101__20221231_zr7hedNNr3Y5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,976.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn5n6_c20210101__20211231_z4yvHQNcVhA1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4,117.3)</span></td>
    <td id="xdx_981_ecustom--DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_pn5n6_c20210101__20211231_zGYOgY0hWHf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,117.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net deferred tax assets/(liabilities)</b></span></td>
    <td id="xdx_982_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20221231_zeXFSLt9Qc15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,438.8&#160;</b></span></td>
    <td id="xdx_984_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20221231_zrKy6S8hXW04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,725.7)</b></span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z7e1wwfDRtUl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,713.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20211231_zG38PZ2YC3rj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,727.7&#160;</b></span></td>
    <td id="xdx_98B_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20211231_zvUU8hiZxMr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,214.0)</b></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_z1nbUnZdQQRi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,513.7&#160;</b></span></td></tr>
  </table>
<p id="xdx_8AA_zRUREyvSCswd" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The Company only reclassifies the balances of
deferred income tax and social contribution assets against liabilities to a net presentation basis when the applicable compensation criteria
are met.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The critical estimates of Ambev&#8217;s Management, as well
the main contingent liabilities related to uncertainty about the tax treatment of income, are disclosed in Notes 3 (i) and 30, respectively.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As at December 31, 2022 the deferred tax assets and liabilities
related to combined tax losses which are expected to be utilized or settled using temporary differences, as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock_pn5n6_zhgCOiQAhUWi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Taxes Not Related to Tax Losses (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zRyB8thJZLb6" style="display: none">Schedule of deferred tax assets and liabilities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 50%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Deferred taxes not related to tax losses</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>to be realized within 12 months</b></span></td>
    <td style="width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>to be realized after 12 months</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zRF6bZrKBAT5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zQtYzjGEMuue" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_znvmPoNbVfxh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Intangible</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zHnXxI7aVynd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.3)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_ztyVYPTz3Cf6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,688.9)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zQw5YeA9EnW4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,690.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Employee benefits</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zAaLNhqEbspe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;230.8&#160;</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zLq68RoGe0il" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;720.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_z4IC1LbU5DP7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;951.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zh52Fypx0Lp1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(209.4)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zHAhnXXMODMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,439.3&#160;</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zRNWX4N7xofl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,229.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zEOlwMkdrUbd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;25.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zGFM2SF7ir2l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;9.0&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zdSvPdOGFsr3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zPFasiuGxy9f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(199.9)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zn7xs0R6EbA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;250.2&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zXrlP6Px7dYa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowings</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zBAq8nyCOumg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.6)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zkhFup4jV4u2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.2&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1Pm1duRzay4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inventories</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zXNfA6g37zz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;403.3&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zS5IJUBCYv8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(128.7)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z04clfJBjSBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;274.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Property, plant and equipment</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zrusJ4lyFMp8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;51.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zMNSjHhzYoZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,329.3)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zHX1nhnmuHC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,277.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Withholding tax on undistributed profits and royalties</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zSr1BNIHZFvg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(172.7)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_z3Ssz5bNy6H6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,704.9)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zhPlKwtN06o6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,877.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments in joint ventures</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zvJD8YK1R4Vd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zDQYbFzDX8P6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zO3DthDzvBw2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Provisions</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zJDbJP2Q6cab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;465.2&#160;</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zvUMjVZvSNKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;354.1&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zoIeSoMWtOHa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;819.3&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impact of the adoption of IFRS 16 (Leases)</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwUTeGZVG6eh" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zDmggwxqZaDa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zKrbsRdOTmbk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ICMS on the assessment bases of PIS/COFINS</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zrxoaTjsfQt3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_z6E0JaM1ZL02" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zy0VP8SsRUE4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other items</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z8GErL6lPh01" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;29.0&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zqJMsQabO1P" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;67.7&#160;</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znT7w1qQgQ3h" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;96.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zmhXkVHS1Xng" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;621.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zhHljUufO15c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(569.5)</b></span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zJlBUUAFb84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;52.4&#160;</b></span></td></tr>
  </table>

<p id="xdx_8A2_zS5RSEoR6rOg" style="margin-top: 0; margin-bottom: 0">&#160;</p>



<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The majority of tax losses and negative social contribution
bases on which deferred income tax and social contribution were calculated do not have a statute of limitations. The use of credits related
to tax losses is based on the projected future existence of taxable profits, limited to 30% of taxable income for the year, according
to the actual figures for prior years, and the projections of the Company's business in the economies in which they are located, and thus
is in compliance with the applicable fiscal and accounting rules.</p>

<p style="font: 7pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock_pn5n6_zOR5vppYtzk6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Tax Related to Tax Losses (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><p style="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><span id="xdx_8B2_z6eAI85JIogk" style="display: none">Schedule of deferred tax realization related to tax losses</span></p>
</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 75%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Deferred tax related to tax losses</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2023</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1mUtxgPJSBi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;256.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2024</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zuI8HpCTQEJj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;168.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2025</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1CKcDfPcG3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;102.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2026</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanThreeYearsAndNotLaterThanFoursYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zpoZcdyLju5g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;106.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2027</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zH6ChPDhUXoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,146.6&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2028 a 2030</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanFiveYearsAndNotLaterThanEightYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zXCoRtqngca7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;799.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif">2031 a 2032&#160;</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup>(i)</sup></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanEightYearsAndNotLaterThanTenYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_fKGkp_zmoqNPrDoQJg" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;79.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zUHLahlFMdVg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,660.7&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/150% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/150% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zwNdxxv7OrN2" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F18_ztFgl6Y0hAw1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">There is no expectation of realization beyond a term of ten years.</td></tr>
</table>


<p id="xdx_8A6_zIOmtpj3wiLc" style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">As at December 31, 2022, the tax credits related to
accumulated tax losses in the amount of R$<span id="xdx_90E_ecustom--TaxCreditRelatedToTaxLosses_iI_pn5n6_c20221231_zZTu0FPPbzXe" title="Tax credit related to tax losses">875.3</span>
(R$<span id="xdx_907_ecustom--TaxCreditRelatedToTaxLosses_iI_pn5n6_c20211231_zN07aJkEGYB6" title="Tax credit related to tax losses">1,055.6</span>
in 2021) were not recorded, as realization is not probable.</p>

<p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A significant portion of the deferred tax asset related
to tax losses amount does not have any limits on carrying forward or utilization, and the tax losses carried forward in relation to credit
are equivalent to R$<span id="xdx_904_ecustom--TaxLossesCarriedForwardInRelationToCredit_iI_pn5n6_c20221231_zaoXC8nuvsv8" title="Tax loses carried forward in relation to credit">3,359.5</span> in 2022 (R$<span id="xdx_90E_ecustom--TaxLossesCarriedForwardInRelationToCredit_iI_pn5n6_c20211231_z9xK0tuGPJvb" title="Tax loses carried forward in relation to credit">4,122.5</span> in 2021).</p>

<p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The net change in deferred income tax and social contribution
is as follows:</p>

<p style="font: 7pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock_pn5n6_zgWGzhNw0E6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Net Change in Deferred Income Tax and Social Contribution (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zdGxWvanxyl9" style="display: none">Schedule of net change in deferred income tax and social contribution</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 81%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20201231_z9yeaS2S7tw9" style="white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;1,517.4&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognition of actuarial gains/(losses)</span></td>
    <td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zhGKKP3KsLw5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(116.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment hedge &#8211; put option granted on subsidiaries</span></td>
    <td id="xdx_98A_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zHySQChFDVA4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investment hedge - put option of a subsidiary interest"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(99.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash flow hedge &#8211; gains/(losses)</span></td>
    <td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_z4A96SxPvrq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedge - gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(239.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gains/(losses) on translation of other foreign operations&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zqtugtlT9yb4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;398.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in other comprehensive income</b></span></td>
    <td id="xdx_986_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zcXkQS3UiUT9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(58.2)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in the income statement</b></span></td>
    <td id="xdx_98A_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20210101__20211231_zelwvuAr6KOg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;632.0&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Changes directly in the balance sheet</b></span></td>
    <td id="xdx_982_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20210101__20211231_zLYI3g5HOka8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(577.5)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognized in deferred tax</span></td>
    <td id="xdx_988_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20210101__20211231_zHMAYgBbiaS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(256.1)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98F_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20210101__20211231_zYl8CmWwz7N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(256.1)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognized in other balance sheet group</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zODTGSOACl5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(146.9)</span></td></tr>
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    <td id="xdx_983_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zyv0jcNYAjwf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(419.3)</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in other comprehensive income</b></span></td>
    <td id="xdx_983_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zICU3OjJqBb8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(629.9)</b></span></td></tr>
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    <td id="xdx_984_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20220101__20221231_ztlmd8rHMzLh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,374.5&#160;</b></span></td></tr>
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    <td id="xdx_983_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20220101__20221231_zzBmRne1s1Bc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(545.2)</b></span></td></tr>
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    <td id="xdx_98A_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20220101__20221231_zy3hNNiPIcm9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(595.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98A_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20220101__20221231_zzb8FWS3dO2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(595.5)</span></td></tr>
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    <td id="xdx_986_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20220101__20221231_zmjdd0K19b45" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other balance sheet group"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;50.3&#160;</span></td></tr>
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    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z1GKvltkbDIe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,713.1&#160;</b></span></td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455661472">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RECOVERABLE TAXES<br></strong></div></th>
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<table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ClassificationsOfRecoverableTaxesTextBlock_pn5n6_zDnMb20b0438" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RECOVERABLE TAXES - Recoverable Taxes (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td id="xdx_989_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zIpwDxa6CePl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5,992.8&#160;</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">PIS/COFINS exclusion of ICMS&#160;<sup>(i)</sup></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_z5N9jRnMwjC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;542.2&#160;</span></td>
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    <td id="xdx_98B_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20221231_zGjh3RufzCP7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;7,753.6&#160;</b></span></td>
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<p style="font: 8pt Arial,sans-serif; margin: 0">&#160;</p>

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  <td id="xdx_F01_zkdWdzfgDeQa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1A_ziwqKuv4qZVd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">As detailed in Note 30 - <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS from
the calculation basis. The corresponding entry for recognition is recorded in the item PIS/COFINS - exclusion of ICMS, according
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131486840304">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INVENTORY<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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<tr style="vertical-align: bottom">
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    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_406_eifrs-full--FinishedGoods_iI_maIzle7_z0qJszrCi4Q2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40C_eifrs-full--WorkInProgress_iI_maIzle7_zXQ0vJVhyZZh" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40D_eifrs-full--CurrentPrepayments_iI_maIzle7_zGj53u329t2a" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_400_ecustom--InventoriesImpairmentLosses_iNI_di_msIzle7_zmrUHIdfWrY4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Impairment losses</span></td>
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  <tr id="xdx_407_eifrs-full--Inventories_iTI_mtIzle7_zuAe8BdFh8Q4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<p id="xdx_8A8_zPWBhOn4CjAk" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The changes in impairment losses on inventory, are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_znhN1ggF9t53" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVENTORY - Changes in Impairment Losses on Inventory (Details)">
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<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zp4diperCFC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt">(2.0)</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2021</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_z42xYRiVjIEe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt">17.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
    <td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zjqBfh3LCXIb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"><span style="font-family: Times New Roman,serif; font-size: 9pt">285.6&#160;</span></td></tr>
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    <td id="xdx_987_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zTYsOJisz5Gf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2022"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(160.2)</b></span></td></tr>
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<p id="xdx_8A1_ztnSguOWrxs3" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Section Disclosure<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;doctype=Standard&amp;dita_xref=IAS02_g36-39__IAS02_g36-39_TI<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131486840304">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>TRADE RECEIVABLES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_025"/><span id="xdx_82C_zMdDsyPCHX1a">TRADE RECEIVABLES</span></b></span></td></tr>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfCurrentTradeReceivablesTextBlock_pn5n6_zBClkhfF5Etk" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE RECEIVABLES - Current Trade Receivables (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B2_zr9EaDOVcCDl" style="display: none">Schedule of current trade receivables</span></td>
    <td id="xdx_496_20221231_zhH1sS9JR8z1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_491_20211231_z9L6Tf6ZtPyd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 45%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5,737.5&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5,304.7&#160;</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,058.4&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,636.4&#160;</b></span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Related parties (Note 31)</span></td>
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    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;155.2&#160;</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total current trade receivables&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,349.1&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,791.6&#160;</b></span></td></tr>
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<p id="xdx_8A3_zOPl6684sd6e" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>






<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The details of the aging of the Company&#8217;s current trade receivables,
net of impairment losses, are as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock_pn5n6_zj5EilYeqKei" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE RECEIVABLES - Aging of Our Current Trade Receivables (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span id="xdx_8B2_zkF3jE8WtRp8" style="display: none">Schedule of current trade receivables,
net of impairment losses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net carrying amount as of December 31,</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>No past due</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; within 30 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 31 - 60 days&#160;</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 61 - 90 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 91 - 180 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 181 - 360 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due over 360 days</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Trade receivables</span></td>
    <td id="xdx_987_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231_ziQE0TF7CZul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">5,737.5</span></td>
    <td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zEUF0NP0lkYd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">4,573.0</span></td>
    <td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zJwkijMsCSJh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">343.8</span></td>
    <td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zRT7ma0SLdgl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">100.5</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zXVKBfMTR2R8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">49.4</span></td>
    <td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z2UFutdHG1U4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">19.3</span></td>
    <td id="xdx_98F_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zfll5nlIBz6d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">40.2</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z28MjvThjCx2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">611.3</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Bad debt provision</span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231_zBSGo5YmuRk4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(679.1)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zZ7dnlpLuPK1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zDc6sOULnerb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zDkhIkhZH25b" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(0.3)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zlpqjHwm6ye2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(10.8)</span></td>
    <td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zaTuIkKMXrK2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(16.5)</span></td>
    <td id="xdx_981_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zu01yJVsEcQ1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(40.2)</span></td>
    <td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zWLdPJjZeKD8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(611.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2022</b></span></td>
    <td id="xdx_98D_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231_zaUc6sPaOMxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>5,058.4</b></span></td>
    <td id="xdx_988_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zJSXIh4JdB1k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>4,573.0</b></span></td>
    <td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_ztDh2kHNLaye" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>343.8</b></span></td>
    <td id="xdx_98C_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ziT98B905rmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>100.2</b></span></td>
    <td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zWV16lC7Hzeb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>38.6</b></span></td>
    <td id="xdx_98A_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z3RqzG5kaHqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2.8</b></span></td>
    <td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zDic2TKa3hv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>-</b></span></td>
    <td id="xdx_989_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z6cPCZFUcXhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>-</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Trade receivables</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231_z6NAuClAz8aa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">5,304.7</span></td>
    <td id="xdx_983_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zlmORUqindYg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">4,201.9</span></td>
    <td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zmuTDVSWLS3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">358.2</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zLxxOwjBjzpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">52.1</span></td>
    <td id="xdx_98A_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_z2g1Ap632C1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">31.5</span></td>
    <td id="xdx_982_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zu6ILhPOhs8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">21.6</span></td>
    <td id="xdx_985_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zWYSaXmtbPt1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">33.8</span></td>
    <td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zzjptlLF2vFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">605.6</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Bad debt provision</span></td>
    <td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231_zcFYhSSgchQl" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(668.3)</span></td>
    <td id="xdx_980_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zLrVSSh76QSg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(10.4)</span></td>
    <td id="xdx_98D_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zhzi29XhFHC" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zfk9WTKjumE9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_98E_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zs6LTBGGhVP9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(2.3)</span></td>
    <td id="xdx_98F_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zboHPLE3g1De" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(16.2)</span></td>
    <td id="xdx_987_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zlNaKvJRTSee" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(33.8)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z0iAi6bqWRMe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(605.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2021</b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231_zkxOr2C1aMxb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>4,636.4</b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_z6l23eCRDyAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>4,191.5</b></span></td>
    <td id="xdx_982_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zGgPs2slIgCe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>358.2</b></span></td>
    <td id="xdx_980_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zg5r84IOBf4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>52.1</b></span></td>
    <td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zAtae5cCFs4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>29.2</b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zUjmWg3Y8Hv" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>5.4</b></span></td>
    <td id="xdx_983_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_z95wyvcWSoth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl4004">-</span></b></span></td>
    <td id="xdx_98F_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zZCwCCGhvnIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>-</b></span></td></tr>
  </table>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The changes in bad debt provision, are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zqDU2rcszZy3" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_z3YgMBP7dSak" style="display: none">Schedule of changes in bad debt provision</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_znrmx3jCypTk" style="border-bottom: black 1.5pt solid; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2020"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(676.5)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reversals</span></td>
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<p id="xdx_8A8_znJZv6PGlJtg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s exposure to credit risks, currency
and interest rate risks is disclosed in Note 28 - <i>Financial instruments and risks</i>.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CASH AND CASH EQUIVALENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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  <td style="width: 3%"><span style="font-size: 12pt"><b>21.</b></span><b/></td>
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<p style="font: 12pt/115% Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfComponentsInCashAndCashEquivalentsTextBlock_pn5n6_zMYeUhNIqWG5" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CASH AND CASH EQUIVALENTS - Components of Cash and Cash Equivalents (Details)">
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    <td id="xdx_49E_20221231_zlNJqoITFWo5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Cash and cash equivalents less bank overdraft</b></span></td>
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<p style="font: 8pt Arial,sans-serif; margin: 0"><b>&#160;</b></p>

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  <td id="xdx_F1D_zkbSSSGqunmb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The balance refers mostly to Bank Deposit Certificates (&#8220;CDB&#8221;), with high liquidity, which are readily convertible into known
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<p id="xdx_8AA_zDvzMPWBqDPf" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The cash and cash equivalents balance include the amount of
R$<span id="xdx_901_ecustom--ShorttermDepositsGuaranteeDeposits_c20221231_pn6n6" title="Short-term deposits, guarantee deposits">3,083</span> million in 2022 (R$<span id="xdx_90D_ecustom--ShorttermDepositsGuaranteeDeposits_iI_pn6n6_c20211231_z4aGSSBtBeP3" title="Short-term deposits, guarantee deposits">2,858</span> million in 2021) held in Cuba and Argentina, which is not freely transferable to the parent company due
to remittance restrictions.</p>








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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455783744">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureChangesInEquityAbstract', window );"><strong>Changes In Equity</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfChangesInEquityTextBlock', window );">CHANGES IN EQUITY</a></td>
<td class="text"><p id="xdx_801_ecustom--DisclosureOfChangesInEquityTextBlock_zYQcuvEaWO54" style="margin-top: 0; margin-bottom: 0">&#160;</p>

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  <td style="width: 3%"><span style="font-size: 12pt"><b>22.</b></span><b/></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_027"/><span id="xdx_822_z5b8i2TYNQP4">CHANGES IN EQUITY</span></b></span></td></tr>
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<p style="font: 10pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>(a) Capital stock </b></p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfIssuedCapitalExplanatory_pn5n6_zYCFQt0Qinv" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Stock (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_z6dlbPqtkEuk" style="display: none">Schedule of issued capital</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_98A_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_z0vutq0Fan2k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,744.4&#160;</span></td>
    <td id="xdx_984_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zLBKat17NQS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;58,042.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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    <td id="xdx_982_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zlt2B0btNMVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;57,899.1&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_985_ecustom--EquitySharesOutstanding_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zZyotXl9nm75" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,733.6&#160;</span></td>
    <td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zGLMSBoGx9y6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;57,866.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital&#160;increase</span><span style="font-family: Times New Roman,serif"><sup>&#160;(i)</sup><span style="font-size: 8pt">&#160;</span></span></td>
    <td id="xdx_984_ecustom--IssueOfEquityShares_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zeiq8ns1w9vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkpoA_____zYLpc8ZMW7Vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;88.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--IssueOfEquityShares_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXHjs6WEOfh9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;9.3&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_z3E74SfyZKz5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;143.4&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--IssueOfEquityShares_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXDlyzeb1o9c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zpZIdgeCIkXf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif"><b>Final balance&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(ii)</sup></span></b></td>
    <td id="xdx_986_ecustom--EquitySharesOutstanding_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zWA9n6YHWo28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,750.2&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____z0qSBF0ghFT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;58,130.5&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zpxXbkTm2OC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,744.4&#160;</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zCzPzLWl8Xlc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,735.1&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zwVRkkrPihAc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;57,899.1&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Arial,sans-serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F07_zfY57S7XqDEh" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_z8UnjhgIG3kd" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Capital increase related to the issue of shares.</td></tr>
</table>


<p style="font: 5pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F00_z3qMTKv2bORj" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F17_zNm5lEk3TmZ6" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">The capital stock is fully subscribed and paid up.</td></tr>
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<p id="xdx_8AB_zO1ziLLQeDdc" style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>(b) Capital reserves</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zNPcYxPAjw62" style="display: none">Schedule of capital reserves</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Treasury shares&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Share Premium&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Other capital reserves&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Share-based Payments&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxVq0VExyECk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>(955.2)</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zIeyh9FqE53i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>53,662.8&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zqbAhuPSAhj5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>700.9&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zikWrrFo1ir6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>1,403.0&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z05QiynRXl49" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>54,811.5&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxdn1MkDonVd" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zaB4vIeM1e63" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zknYCE6X2fpb" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztHKEafpBjE1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">(32.3)</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zmLl6m9Lmbs5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">(32.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zNA8cz7hDF9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">13.5&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90D_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z8LUFC9uKLmh" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_904_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zzOybVXCP9th" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zG7kiCBR8lyf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">192.9&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8916K7FKc0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">206.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zz9T3HxSPa2b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(941.7)</b></span></td>
    <td id="xdx_984_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zAMpEetjR3b1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;53,662.8&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zpZTmwlM9vC5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;700.9&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_z4mOtkaIZAY4" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,563.6&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zcBGoj74rfj1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;54,985.6&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td id="xdx_98B_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zFuaJkchCH7l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(60.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_904_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zdng4CVRtnCh" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_909_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_z0vW69Tfpwe4" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zMhO88o3ktR5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(74.4)</span></td>
    <td id="xdx_989_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8PykBXl2Cdd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(134.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zb4fGkXQQTjj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(36.1)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_90B_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zxYK26oRHZpl" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zNtZ6ZAZ65Sj" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zrVrVSW3KSJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;372.1&#160;</span></td>
    <td id="xdx_989_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zR7mZAgFPSGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;336.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_985_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zWUuaW20CX4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,037.8)</b></span></td>
    <td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zyQ2YMTBIf2c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;53,662.8&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zMIHByMkepc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;700.9&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zgIYG7vNS4Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,861.3&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zUZ3xnMAL5Ld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;55,187.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_905_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zYNgV79CVRK2" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_906_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zO3rBa0njrFl" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_90D_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zwMrlEEuKgy3" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zY83lbmtHdog" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(64.2)</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zxn34hjzePyk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(64.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zHazrlznTrvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(35.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_901_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z041uWJ2GTJk" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zugxcCjC3Eu2" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztJr6fT8vqn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.4&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIDgz90odum4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;216.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_983_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zTFLXiyqaoa7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,073.4)</b></span></td>
    <td id="xdx_986_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zgISDPZg3rcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;53,662.8&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zc46CDl3kqRj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;700.9&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zPM8A3FVxx17" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,049.5&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIp9NVkaWFN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;55,339.8&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A9_zplI6UqHR2id" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>(b.1) Purchase of shares and result of treasury shares</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Treasury shares represent the Company&#8217;s
own issued shares reacquired by the Company, and the results of treasury shares related to gains and losses on share-based payment transactions
and others.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The changes in treasury shares are as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_889_eifrs-full--DisclosureOfTreasurySharesExplanatory_pn5n6_z1oE2KPNeYkb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Treasury Shares (Details)">
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zid2WgDFbwAd" style="display: none">Schedule of treasury shares</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition /realization of shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Result of Treasury Shares</b></span></td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Treasury Shares</b></span></td></tr>
  <tr>
    <td style="vertical-align: top; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million shares</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Brazilian Reais</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million shares</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Brazilian Reais</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20200101__20201231_zEPjZQhVM9x3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3.6&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20200101__20201231_zOA0eCzEAeLk" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(68.2)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TreasurySharesHeld_iS_pn5n6_c20200101__20201231_zHruPEoeoUkd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(887.0)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--TreasuryShares_iS_pn5n6_c20200101__20201231_zGyYaCfwOsU9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(955.2)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_98D_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20200101__20201231_zFKTQiqjCFDc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.4)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20200101__20201231_zjfMFLsvo0A3" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;65.0&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20200101__20201231_zEsQCDXAqAS7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(51.5)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20200101__20201231_z1ZjUj9et4d6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98D_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20210101__20211231_zWfJEdDh2Mw" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.2&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20210101__20211231_zvn8ardWt5C5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.2)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--TreasurySharesHeld_iS_pn5n6_c20210101__20211231_zkniWz4y3oI6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(938.5)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--TreasuryShares_iS_pn5n6_c20210101__20211231_zba8YCHAvWLb" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(941.7)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_98C_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20210101__20211231_za9ZDd59jW7i" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.6&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20210101__20211231_zshm2lARtRAd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(95.1)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20210101__20211231_z5mN352JmoWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.0)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20210101__20211231_zIniguTpgpv5" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(96.1)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20220101__20221231_zWUcEYIDYmde" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5.8&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20220101__20221231_zlSUsNzoy5P3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(98.3)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--TreasurySharesHeld_iS_pn5n6_c20220101__20221231_zIT4VQ9MKDs4" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(939.5)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--TreasuryShares_iS_pn5n6_c20220101__20221231_zQBNQ1NmghOi" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,037.8)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_986_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20220101__20221231_zpklnh6Xp9Ta" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20220101__20221231_zkEtkLrDC3Ol" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(33.5)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20220101__20221231_zTqjtplhK1N7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.1)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20220101__20221231_zaMP0s3RVSgd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(35.6)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_982_ecustom--TreasurySharesAcquiredrealizedOutstanding_iE_pn5n6_c20220101__20221231_zuAflKDkrYnd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;8.5&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iE_pn5n6_c20220101__20221231_zbzPmKvsiI6g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(131.8)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TreasurySharesHeld_iE_pn5n6_c20220101__20221231_zFqUbVBnytS6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(941.6)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--TreasuryShares_iE_pn5n6_c20220101__20221231_zjeo73RShoO5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,073.4)</b></span></td></tr>
  </table>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>(b.2) Share premium</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The share premium refers to the difference between
the subscription price that the shareholders paid for the shares and their nominal value. Since this is a capital reserve, it can only
be used to increase capital, offset losses, or for the redemption, reimbursement or repurchase of shares.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>(b.3) Share-based payment</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Different share-based payment programs and stock purchase
option plans allow the senior management from Ambev&#8217;s economic group to acquire shares in the Company.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The share-based payment reserve recorded a charge of R$<span id="xdx_904_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20220101__20221231_zqT4lpdoG9kg" title="Adjustments for share-based payments">313.9</span>
in 2022 (R$<span id="xdx_906_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20210101__20211231_zGQhFgKr57uk" title="Adjustments for share-based payments">387.6</span> and R$<span id="xdx_902_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20200101__20201231_zua4Y1uqLxX7" title="Adjustments for share-based payments">208.7</span> in 2021 and 2020, respectively) (Note 25 - <i>Share-based payments</i>).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(c) Net income reserves</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfNetIncomeReservesTextBlock_pn5n6_zfe8LZeTF10e" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Net Income Reserves (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_zgq8EzOOiaB6" style="display: none">Schedule of net income reserves</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net income reserves</b></span></td></tr>
  <tr>
    <td style="vertical-align: top; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Investments reserve&#160;</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Legal reserve&#160;</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Fiscal incentive&#160;</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zX1ed8Q3zPla" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;10,798.1&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z9Mkd3mksWYk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zvj4Jej3Ekef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;10,071.6&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zGIFAhDdc3Ih" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,874.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal&#160;incentive&#160;reserve&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zLIRasOTC8F4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4260">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_znY1seYBuL71" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zBCYTVDCG6g9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,332.8&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzeRGI5aq4Kf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,332.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments&#160;reserve&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zo8ecsE1CcM8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,713.0&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zB51lJYNXgnj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zgeIwuMf8nT5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4272">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_z236uyzf5n3c" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,713.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2020&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zYWlcufvGKCl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,511.1&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zF5GDruBwyQa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zINqnim1tKRj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;11,404.4&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zFpK6OgbiBua" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;25,920.0&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal incentive reserve&#160;</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zT4NPmcnnAui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zs5Kr5OAr708" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zanm7X7N35ra" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,423.5&#160;</span></td>
    <td id="xdx_984_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzKANLsuDOmk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,423.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments reserve&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zgfGKMNSr621" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,848.1&#160;</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zcgN3yXJrQRk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zcRkH9YCXw04" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zOgy7CayDlGk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,848.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2021&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zVWCClV7PeD5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;18,359.2&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zZxgxKQkKgCd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zZqouQPbPcB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,827.9&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zEi9OLvYzzOk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;31,191.6&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal&#160;incentive&#160;reserve&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zXmOQv1zjgrl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z4m3Kt1os3S4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zegJXicJPSBj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,018.7&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zhJqphX7U9nf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,018.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments&#160;reserve&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zCMgqZonlXa3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,696.7&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zBZAs7XEAPU" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zbv85eBEgzp" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zBZvISAzsZO7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,696.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2022&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zUQDpaDgbQuk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;22,055.9&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zU2AbTQXqQZg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zLHTGcr6XdAe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,846.6&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zErxcZpf10k6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;36,907.0&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A7_zSYD8sFGGm6i" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"><b>(c.1) Investments reserve</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">From the net income after applicable deductions,
there will be a target allocating of no more than <span id="xdx_901_ecustom--InvestmentReserveLimitPercentageOfNetIncome_pip0_dp_c20210101__20211231_z9L2FPWvVevi" title="Investment reserve limit percentage of net income">60</span>% (sixty per cent) of the adjusted net profit to the investment reserve, to be used
to support future investments, as defined in the Company&#8217;s bylaws.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt"><b>(c.2) Legal reserve</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">From the net income, <span id="xdx_903_ecustom--StatutoryReserveLimitPercentageOfNetIncome_pip0_dp_c20210101__20211231_z4g1afjU0wHj" title="Statutory reserve limit percentage of net income">5</span>% will be applied before
any other allocation, to the legal reserve, which cannot exceed <span id="xdx_908_ecustom--StatutoryReserveLimitOfCapitalStock_pip0_dp_c20210101__20211231_ziUMekXIvVl5" title="Statutory reserve limit of capital stock">20</span>% of the capital stock. The Company is not required to supplement the
legal reserve for the year when the balance of this reserve, plus the amount of the capital reserves, exceeds <span id="xdx_901_ecustom--StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock_pip0_dp_c20210101__20211231_zEwt9wMoFwb8" title="Statutory reserve supplementation cutoff percentage related to capital stock">30</span>% of the capital stock.	</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt"><b>(c.3) Tax incentives</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes in its equity, in the net income
reserves line, the fiscal incentives regarding tax benefits at the respective fiscal year. All the tax incentives are under certain state
and federal industrial development programs in the form of rate reduction, reduction</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">of calculation basis, financing or subsidized loans,
assumed credit, effective collection, the deferred payment or partial reductions in the payable state tax amount.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">These programs aim to generate employment, promote regional
decentralization, and complement and diversify the industrial base of the states. In these states, the grace periods and use and reductions
are set out according to the legislation upon which those incentives are based on, depending on their nature, when conditions for obtaining
these grants exist, they are under Company&#8217;s control. Such benefits comply with the systematic set by Complementary Federal Law
160/2017 and by <i>Conv&#234;nio</i> CONFAZ 190/2017. Due to change in article 30 of Federal Law 12,973/14 by Complementary Federal
Law 160/2017, state fiscal incentives related to sales taxes are recognized as government subsidies for investments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>(c.4) Interest on shareholders&#8217; equity/dividends</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Brazilian companies are permitted to distribute
the interest attributed to shareholders&#8217; equity calculated based on the long-term interest rate (&#8220;TJLP&#8221;), with such
interest being tax-deductible, in accordance with the applicable law and, when distributed, may be considered part of the minimum mandatory
dividends.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">As determined by its by-laws, the Company is required
to distribute to its shareholders, as a minimum mandatory dividend in respect of each fiscal year ending December 31, an amount of not
less than <span id="xdx_905_ecustom--MinimumMandatoryDividend_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zaGiQEWi8oU8" title="Minimum mandatory dividend">40</span>% of its net income determined under Brazilian law, adjusted in accordance with the applicable law, unless the payment of
such amount would be incompatible with Ambev&#8217;s financial situation. The minimum mandatory dividend includes amounts paid as interest
on shareholders&#8217; equity.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2022:</i></p>

<table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock_pn5n6_zOfvMmUc8FFi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Interest on Shareholders' Equity Dividends (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zYz0sLm0FgP" style="display: none">Schedule of interest on shareholders' equity and dividends</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">6/12/2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/29/2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221206__20221229_zYM9wLO7mOBk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.7623</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20221206__20221229_zK6us2j9Sg8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;11,999.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20220101__20221231_zM4qTL4uATRh" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;11,999.8&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the Operations and Finance Committee recommendation at the meeting held on December 5, 2022, a distribution of interest
on shareholders&#8217; equity in the amount of R$<span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221201__20221205_zqyrwNA9s8Vh">0.7623
</span>per share was approved, based on available balances, in the Company&#8217;s extraordinary balance sheet dated as at October 31,
2022, and in the Company&#8217;s investment reserve, pursuant to the balance sheet dated as at December 31, 2021, which were attributed
to the minimum mandatory dividends of the same fiscal year. The interest on the shareholders&#8217; equity distribution was taxed pursuant
to the applicable law, which resulted in a net interest on shareholder&#8217;s equity distribution of R$<span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211201__20211231_zR8pKRH22dDh" title="Interest on shareholders equity distribution">0.6480
</span>per Company share in fiscal year 2022.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 29, 2022,
considering the shareholding position of December 19, 2022 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2022 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2021:</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Dividends</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_98C_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pid_c20211209__20211230_zrF9fVUZfPe5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.1334</span></td>
    <td id="xdx_985_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20211209__20211230_zDbl3RTxeqZk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;2,099.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_98E_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20211209__20211230_zCAyy8jSdWcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.4702</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20211209__20211230_zYKm3kh6W3jh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;7,400.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20210101__20211231_z2FmYL76GsLg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;9,499.6&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of Dividends</span>. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a distribution of dividends
of R$<span id="xdx_904_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20211201__20211207_zmbFxu7Ja6S1">0.1334</span>
per share was approved, based on available balance and the Company&#8217;s extraordinary balance sheet dated as at November 30, 2021
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2021 considering
the shareholding position of December 17, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;), and December
21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a
distribution of interest on shareholders&#8217; equity of R$<span id="xdx_902_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare1_pip0_c20211201__20211207_zdE0GezSExl7" title="Interest on shareholders equity dividends amount per share1">0.4702
</span>per share was approved, based on the available balance and the Company&#8217;s extraordinary balance sheet dated as at November
30, 2021 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#8217;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholder&#8217;s equity of R$<span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211101__20211130_zDFUz6SLvX58" title="Interest on shareholders equity distribution">0.3996
</span>per share.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2021,
considering the shareholding position of December 17, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2020:</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/21/2020</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Dividends</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">01/28/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2020</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_984_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20200101__20201231_zCx3AOQ1bzR7" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.0767</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20200101__20201231_z2Q7vSj1TXue" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;1,206.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20200101__20201231_zBBMMIZV3vod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.4137</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20200101__20201231_zLRmaSPDxMh4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;6,509.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20200101__20201231_zFY4lDuQQKDi" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;7,716.4&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A3_znPChYQlTJj6" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of Dividends</span>. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 21, 2020, a distribution of dividends
of R$<span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20201201__20201221_zSrtFR3GeaIk">0.0767</span>
per share was approved, based on available balance and the Company&#8217;s extraordinary balance sheet dated as at November 30, 2020
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on January 28, 2021 considering
the shareholding position of January 13, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;), and January
15, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 9, 2020, a
distribution of interest on shareholder&#8217;s equity of R$<span id="xdx_907_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20201201__20201209_zjTLHF2MAeI">0.4137
</span>per share was approved, based on available balance and the Company&#8217;s extraordinary balance sheet dated as at November 30,
2020 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#8217;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholders&#8217; equity of R$<span id="xdx_909_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20201101__20201130_z3bESzFPREYb" title="Interest on shareholders equity distribution">0.3517
</span>per share.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2020,
considering the shareholding position of December 17, 2020 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2020 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(d) Carrying value adjustments</b></p>

<p style="font: 6pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 6pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_88E_ecustom--DisclosureOfChangesInCarryingValueOfEquityTextBlock_pn5n6_zIEm9eFOUUNi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Carrying Value Adjustments (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zcr55hTCAs6" style="display: none">Schedule of Carrying value adjustments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying value adjustments</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 41%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Translation reserves</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><i>Cash flow hedge</i></b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Actuarial gains/ (losses)</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Put option granted on subsidiary</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gains/(losses) of non-controlling interest&#8217;s share</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Business combination</b></span></td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Accounting adjustments for transactions between shareholders</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z1xYIKOWjkyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,583.4&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zR2pl212ggvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;645.1&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPtTDRZwEZT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,221.0)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6ZQDCGnwF3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(50.2)</b></span></td>
    <td id="xdx_984_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDFvDozVOjC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy7t8cgyEmfb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;156.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjIk7nBHaQ1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(75,402.4)</b></span></td>
    <td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zaCHplzhP7ef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(72,274.5)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zMG8ihFdg9Md" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,493.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zcq1ABKg1jZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zkRxvYv53Jx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6u0JU0SlNB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zdLesvrzkld5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zojhi1Wxkpeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zxlfB76W0tKe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zagN3x2YeGcl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,493.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zxBPUOxkRoYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTcsBtlgInT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;99.4&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zJiiLbEVeQb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zEOOI6DIOGlf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zUbEUCAxk6zi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zFs9GXvcjaG2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zJeCxuEEHlT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zzPAmkjdeGT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;99.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zZqduoMv7Tme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zxv0d3IqNgZ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zRhbGZa4ziBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(252.3)</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zcqjvc2v68Vg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zLRLkkgJ4Lfj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zArP1eH09eY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSBjRXlotXE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zvkNq5ntsHda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(252.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zSOEnEFtkq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,493.1&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQUxwW5wMgZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;99.4&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znSHPeje8dfl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(252.3)</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQm73BuYgYr1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zinUdLGrQ8Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zT4QePRUTo2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjlzbpfGSvik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIVKNT7SCu8f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,340.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Options granted on subsidiaries</span></td>
    <td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z10Txo28ter1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zk1odwQDC2c6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z7XPi73MXSH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfA45vMQ5gy5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;45.2&#160;</span></td>
    <td id="xdx_980_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zmiDlf6xc7Y1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(82.6)</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGjoB7HebJDc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zbRPuOA78Jxh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zNMgmc1W4eX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(37.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zHhR5NUYq2Z4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z23pAXVlnF2d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPHO2aNdTJp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvdOvaxPjQ81" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zsiJXgHgjuHj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.4&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGHVBKDAwrjl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zXqUCAXXc0c1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zuT60jJT8B65" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zjGtOB4uQDSf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zHvdIOEyqh18" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z24bDoERUWDa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxGWIPQeQeoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zbgogwHwWd6a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.9)</span></td>
    <td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_z5Dm8FEaGEy1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zZ9w2VaB9jec" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zRcqJ1kpajKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_98B_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zRYdZDtL4Bdi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zp6kuwlLMQRj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zIwtRyrvjWIk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zidiVZECx8n8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z5egB06MfuQl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zORiwPYHjz91" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zCO3vRCJX7F6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zPZAZw6Rkike" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z4tlIzaijj4c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;11,076.5&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQCDxNvRuXe5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;744.5&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zbsIThwegKV7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,473.3)</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zLY3ddvVzY24" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5.0)</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zBCoFEhNfwEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(73.6)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zqcOpbauKkzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;156.1&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6z5zHz8C15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(75,414.2)</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zxJovy9iMt5l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(64,989.0)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAmNhjSyDi58" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,449.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zad9SHp1cITa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zYlj3yISlFwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zE6P12vwdIXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zb2SXc3Nczif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zR9Geu6hmDzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyNDERK1iEMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_ztYQou14I6Y3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,449.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zs770gQMB0F2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXi7r1Ltpv42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;480.8&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zU84TTTIzE04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQtjw3i45Xdk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zcHnGpfIL3A9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zB1Vx1qtP6sg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6NBznUI8o3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZOVRY1w1T9i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;480.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zJLpFLtiSaP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zOYa9bPKOZQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zqPqCb5BdoT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;341.8&#160;</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6OSnEgxKs8g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zrQ6e6SRGkEd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_znbiNXt2lGag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zpkGmdi0XuJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3JilzFMCGK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;341.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zkezN6aPliYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,449.7&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z9nRPDsoiit2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;480.8&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zhOUuz0OXD5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;341.8&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z1vO3o7Cj6H9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDvzrdRdCso1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zpV7piKTJhk8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zvGm5PXaCGae" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zMZFzi9EOQZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,272.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Options granted on subsidiaries</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zctug2cDFxWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zYsTYn4PIr7g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpRGhHjTFpM6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zUFtzU8DD1L7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.9)</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z2cT1ImrbMPa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zxlGd4CJGW23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zQCxjD18bKJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZBXmVhzR8Y" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zzwBNH69rtNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zBfvUQ7AjJxa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zMBTWNhjOUYi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zuOJz3K3IdJg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z4wcII8YcWF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.2)</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zQmZ2PqhTI43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zYQQQeb4uEm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zGWtjdOHBGw7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zg4dGlMQ6lwj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQ1lBVxiIVud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z28N11GMWAEf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_ztCGK9PywAda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zGS73BG5V2xe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.7)</span></td>
    <td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zDDwhTkxhRp7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zmLdM7RlxUE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zxnIsnYYb4oa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfwONUEYZ1o2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTBQJ31UuGr2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zchL3ZImafP2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_znUFjWdapUg6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z6sRT8W6Fa4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zvATIZ8RPDU6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zwZhNStFaFw6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zWGATPmWzdnk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zQiCUOIeb1ei" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;13,526.2&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zlJklndLopif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,225.3&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zQ4xngcQfi57" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,131.5)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zKkIHMdoPmK3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6.9)</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zQTdhr6iq1f9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(121.5)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy4PtW9jZlxg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;156.1&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zGeTvXgcvpK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(75,426.0)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_z7FqnAoyvILj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(61,778.3)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ziGftlPtGzVa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6,772.2)</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zC7yBRIQqpBb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znymMbzrH81f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zY9iJIL2a8Ic" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z87q2fotkDE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zZAIA0rkvjy7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zDMA5BpwFuOj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zJOkGGhKsmja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6,772.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zIL5anA4MITj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXhn4qGqRtX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(316.7)</span></td>
    <td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z6TSbDaRuuDk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxwyY9WSl2g3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zURGtejrnqx6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze0eNuqaQ8Bf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_z1ZUlOx69Cz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zrRfJkpdTBnl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(316.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAJt8jPIjW22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zD1Pp1sDBDLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zb5zWxQlbhL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;466.5&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfQZMTUuiwQ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zAEN7bJiqfj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zwmi2XDqdTWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyFSWJBWmsmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zHBCyBQlxh3f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;466.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ztJCfVLp0EL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,772.2)</b></span></td>
    <td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zbU3aaTmDfth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(316.7)</b></span></td>
    <td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z8P1WzUFWzsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;466.5&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zNIStxy3juO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zTE3No1uY9Th" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze6Ywa6nc34k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zW7v6ClZpqyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zEXgTTxsioAb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,622.4)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfvann5ppma8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zpVJOcLOXuQ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zfpKuems8XEe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQ9J8rqcatod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zE1ZOfLViO0a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.8)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zJO6l6qwcNF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_ztc6tdGq7DV2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3hBBzoQe4T8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zTeIZ63NxWYh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zB0UCRi8Phrb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z4Rtge3qQpVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjjtTLPzjEFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zuQdDwAFvnDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6.2)</span></td>
    <td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ziFogqsoRnx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zgPm9LRgg4P2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIkKPOMxa9Xi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zXgjbcB3Acw7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXHX9XOlvIp5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zohPy4FvNEnj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjt02Av4bES5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zJDXWyu21PL9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zSBaO0iPe5Vh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_pn5n7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zYQ6bCoP3yie" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfIhyVJBd8ik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,754.0&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zycnhRW5jFvi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;908.6&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpepFakFyDUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(665.0)</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvplvXDcOH35" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6.9)</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDkayjmysy3k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(130.5)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zc1aqN40QPe4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;156.1&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSZwoUbquDbc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(75,437.8)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zbqnUKP2Ryva" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(68,421.5)</b></span></td></tr>
  </table>



<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>(d.1) Translation reserves</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The translation reserves comprise all foreign
currency exchange differences arising from the translation of the financial statements with a functional currency different to the Real.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The translation reserves also comprise the portion
of the gain or loss on the foreign currency liabilities and on the derivative financial instruments determined to be effective net
of investment hedges.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"><b>(d.2) Cash flow hedge reserves</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The hedging reserves represent the effective portion
of the cumulative net change in the fair value of cash flow hedges to the extent that the hedged risk has not yet impacted profit or loss
(for additional information, see Note 28 - <i>Financial instruments and risks)</i>.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>(d.3) Actuarial gains and losses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Actuarial gains and losses include expectations regarding
future pension plan obligations. Consequently, the results of actuarial gains and losses are recognized on a timely basis considering
the best estimates available to Management. Accordingly, the Company recognizes the results of these estimated actuarial gains and losses,
on a monthly basis, based on the expectations presented in the independent actuarial report.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In March, 2021, an actuarial loss of R$<span id="xdx_908_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans_pn3n3_c20210301__20210331_zkTFVvYXgnVj" title="Actuarial loss">56,940</span> arising
from the deficit on the defined benefits plan was fully recorded under actuarial gains and losses as a counterpart to the balance receivable
originally recorded. There were no actuarial gains or losses arising from surplus or deficit in 2022.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"><b>(d.4) <span style="color: black">Accounting adjustments
for transactions between shareholders</span></b></p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As determined by IFRS 10, any difference between the
amount paid (fair value) for the acquisition of a non-controlling interest and the carrying amount of such non-controlling interest shall
be recognized directly in the controlling shareholders&#8217; equity. The acquisition of the non-controlling interest related to Former
Ambev and the abovementioned adjustment was recognized in Carrying value adjustments when applicable.</p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>(e) Earnings per share</b></p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Basic and diluted earnings per share of the stock option and deferred stock</b></p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The calculation of the basic earnings per share is based
on the net income attributable to the equity holders of Ambev and the proportional weighted average number of shares outstanding during
the year.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The diluted earnings per share of the stock option and
deferred stock is based on the net income attributable to the equity holders of Ambev, adjusted by the weighted average number of shares
outstanding during the year to assume the conversion of all potentially dilutive shares, as follows:</p>

<p style="font: 10pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfEarningsPerShareExplanatory_pn5n6_zkdtei42DpL9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Diluted Earnings (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zSJV7QLdPN4g" style="display: none">Schedule of earnings per share</span></td>
    <td id="xdx_492_20220101__20221231_zfpHQXzXPTuj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_490_20210101__20211231_zW8FrM1VJHP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49C_20200101__20201231_zFZYoBgXxvEl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 54%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Million shares</span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--WeightedAverageShares_i_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif">Weighted average number of shares at December 31&#160;</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup id="xdx_F43_z1lWY3J29Lac">(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,741.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,736.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,733.1&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_i_pdd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effect of shares options</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;106.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;120.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;134.5&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--AdjustedWeightedAverageShares_zQ6Rbf7qGbu1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Weighted average number of shares (diluted) at December 31</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,848.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,857.4&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,867.6&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F06_zW1wfXVDn4P6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F10_zT021yCfwhZb" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Not including treasury shares.</td></tr>
</table>


<p id="xdx_8A7_zqalkqRJLkCf" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The tables below present the calculation of earnings
per share (&#8220;EPS&#8221;):</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--EarningsPerShareExplanatory_pn5n6_zGilL3M7fo0l" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Calculation of Earnings Per Share (Details)">
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zB3TJyyKoXQ2" style="display: none">Schedule of calculation of earnings
per share</span></td>
    <td id="xdx_494_20220101__20221231_zCl5e7qhfYC8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_491_20210101__20211231_z7tslHVuO86k" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49D_20200101__20201231_z3YcnY5ogQSg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
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  <tr style="vertical-align: bottom">
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_406_eifrs-full--BasicEarningsLossPerShare_pip0_zSNaBW2ZpWx4" style="background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: top; background-color: White">
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  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12,671.0&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11,379.4&#160;</span></td></tr>
  <tr id="xdx_40C_ecustom--AdjustedWeightedAverageShares1_zlkRuQp9CLxh" style="background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,857.5&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,867.6&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--DilutedEarningsLossPerShare_pip0_zL3xnJawEiQ1" style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif"><b>&#160;Diluted EPS&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup id="xdx_F4D_ztQ3zBIf1X0j">(i)</sup><span style="font-size: 8pt">&#160;</span></span></b></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>0.9123&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>0.7991&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>0.7171&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0D_zm0S9fHVS4Fk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_zNaendMZi6g3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Expressed in Brazilian Reais.</td></tr>
</table>


<p id="xdx_8A8_zAUH2yl00zM4" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(f) Destinations</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">At December 31, 2022, the Company made
appropriations to retained earnings, in accordance with the Brazilian Corporate law and the Company&#8217;s bylaws. The dividends
payments made up to December 31, 2022 were approved at the Board of Directors&#8217; Meeting.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Regarding the basis for dividends, the Company
believes that the predecessor basis of accounting, as well as its presentation for comparative purposes, will not affect the
determination of the minimum mandatory dividend. Therefore, the Company intends to adjust the calculation basis of the minimum
mandatory dividend to cancel out any current and future impacts on net income arising from the adoption of this accounting practice,
related to the amortization or depreciation of surplus assets or even a possible impairment of goodwill, thus preserving the
mandatory minimum dividends.</p>






<table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureForTheBasisOfDividendsTextBlock_pn5n6_zQHvuefMhRm3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Basis for Dividends (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zMMDdtWZUN92" style="display: none">Schedule of basis of dividends</span></td>
    <td id="xdx_494_20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_z7MRNigRGIE4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_495_20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zH3y8ymFt3Uh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zk7SaPuvcie9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 63%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOwnersOfParent_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net income, attributable to equity holders of Ambev</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,671.0&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;11,379.4&#160;</b></span></td></tr>
  <tr id="xdx_407_ecustom--PrescribedDividends_i_pn6n6" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;20.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;24.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.1&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td></tr>
  <tr id="xdx_405_ecustom--IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_i_pn6n6" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,063.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,344.9&#160;</span></td></tr>
  <tr id="xdx_402_ecustom--RetainedEarningsBasisForDividendsAndDestinations_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Retained earnings basis for dividends and destinations</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,771.2&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,762.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131457566416">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INTEREST-BEARING LOANS AND BORROWING<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="text"><p id="xdx_806_eifrs-full--DisclosureOfBorrowingsExplanatory_zqssBE37Coc4" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>23.</b></span><b/></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_028"/><span id="xdx_825_zLdbddWKzyYl">INTEREST-BEARING LOANS AND BORROWING</span></b></span></td></tr>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfTotalLiabilitiesTextBlock_pn5n6_zowEzPhCDNlk" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Liabilities (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zbDypa1Ibunb" style="display: none">Schedule of total liabilities</span></td>
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<tr style="vertical-align: bottom">
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    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td id="xdx_98E_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;126.2&#160;</span></td>
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    <td id="xdx_988_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;328.1&#160;</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Lease liabilities</span></td>
    <td id="xdx_982_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_pn5n6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,333.8&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zaMXy1cMVPN7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,253.5&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Secured bank loans</span></td>
    <td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;54.5&#160;</span></td>
    <td id="xdx_98D_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zIRPh3AEKn4d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;72.8&#160;</span></td></tr>
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    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zsLVDDWbsJ61" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;144.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_zXtdbiAwWA31" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;37.2&#160;</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Lease liabilities</span></td>
    <td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zzvKX2ZFrbYd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;783.6&#160;</span></td>
    <td id="xdx_989_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zfo0Ay0WK45c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;653.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_983_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231_pn5n6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;982.6&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zvjEofLhVrO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;847.1&#160;</b></span></td></tr>
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<p id="xdx_8A4_zkfmbGnlOxac" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Additional information regarding the exposure of the
Company to interest rate, foreign currency risk and debt repayment schedule is disclosed in Note 28 - <i>Financial instruments and risks</i>.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><span style="background-color: white">At </span>December 31, 2022 <span style="background-color: white">and
</span>2021 <span style="background-color: white">the Company&#8217;s debts were exposed to the following interest rates:</span></p>

<table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfDetailedInformationAboutBorrowingsExplanatory_pn5n6_zSnFL3zIcUy9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Debt Interest Rates (Details)">
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_zPeRqOum5a1k" style="display: none">Schedule of debts</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Debt instruments</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate %</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate %</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Debt denominated in US Dollars fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zm9vmBzDgFx6" title="Average rate">14.00</span>%</span></td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zSJoztumjPta" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.2&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zB8jCku67th9" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4941">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDd1Mlu897Yg" title="Average rate">13.12</span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zJrTfZxQPf44" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.5&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zYBt4gssfyIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais denominated floating rate (CDI and DI)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zXJGHDEnlpl1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zOJ7HEyVD9Rj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxtAkpK3IWal" title="Average rate">11.56</span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zaVkxnXSYTA1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;83.0&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zspq5xiKeH16" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other Latin American currencies fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zrmmqAnsnP3" title="Average rate">10.39</span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zI6oAvgq19lk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;98.8&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXcWVEKHS2Al" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;322.5&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z8zriLESQbW6" title="Average rate">11.34</span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zZr5dV7cJaRe" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;48.7&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqmkzKRDpqQg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;177.3&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Debt denominated in CAD Dollars fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zuFsBoLXkzBi" title="Average rate">5.32</span>%</span></td>
    <td id="xdx_983_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zmBppWh8rbj5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;123.3&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqAMU4ABUa1e" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;387.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zMqLVGh5Ypxf" title="Average rate">2.49</span>%</span></td>
    <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zeqSs51o9B41" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;91.6&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_znJJ6DE3C6r6" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;339.2&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais denominated floating rate (TJLP and TR)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z0aBWKnZIZw2" title="Average rate">9.61</span>%</span></td>
    <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxikKnjVpGJ1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12.3&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zMydzoccFcla" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;125.1&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zamNEfwvMfek" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zfhVsfMo7ehl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - ICMS fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zo2dHoCDbVf" title="Average rate">2.95</span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXlw7IQHI0K7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;113.3&#160;</span></td>
    <td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqwsGBpjKHRl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;266.4&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDDtZ7u6Xgwa" title="Average rate">5.06</span>%</span></td>
    <td id="xdx_987_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z1x6kGbCISll" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;37.3&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zhcyCrtkyyIk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;92.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - ICMS floating rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_900_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zwyH2LlAneq8" title="Average rate">6.97</span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zz2eLuJfrHm5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;31.1&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z1pntOldN2P8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;61.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zzFs4cib1rA8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z4KjzDCfZsWk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_901_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zIoAiPrCdp6g" title="Average rate">9.43</span>%</span></td>
    <td id="xdx_989_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zPP4i6k8PW9a" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;597.6&#160;</span></td>
    <td id="xdx_981_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zt1HG0M6icp" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,624.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zRy2g3by7Awl" title="Average rate">7.33</span>%</span></td>
    <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqjO6ArUaDX8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;569.0&#160;</span></td>
    <td id="xdx_987_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z57UR91Z6vci" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,644.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231_zu8edMVMHqY3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;982.6&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcv22KsSqqSa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,788.1&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231_z3Udvk93DtUg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;847.1&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_z6hDUH0enH0a" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,253.5&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A8_zlI6dX7RlGzk" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>Reconciliation of liabilities arising from financing activities</b></p>

<p style="font: 6pt/115% Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The tables below detail the changes in the Company&#8217;s
liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities
are those for which cash flow was, or future cash flow will be classified in the company&#8217;s consolidated statement of cash flow from
financing activities.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_pn5n6_zcu6xaPdwAC2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Reconciliation of Liabilities (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zDgxg73bSs3k" style="display: none">Schedule of Reconciliation of liabilities arising from financing activities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current liabilities</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 24%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non - current liabilities</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zXqHu73wy6fc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;847.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zXtgt2ezxaq7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,253.5&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Proceeds</span></td>
    <td id="xdx_981_eifrs-full--ProceedsFromCurrentBorrowings_pn5n6_c20220101__20221231_zGGfspbYtKb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;7.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--ProceedsFromNoncurrentBorrowings_pn5n6_c20220101__20221231_zfpAI9W7LVNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;267.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Payments</span></td>
    <td id="xdx_987_eifrs-full--RepaymentsOfCurrentBorrowings_pn5n6_c20220101__20221231_zMAFnD0i5DE5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(230.2)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--RepaymentsOfNoncurrentBorrowings_pn5n6_d0_c20220101__20221231_zROu4vPxFDHd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Foreign exchange</span></td>
    <td id="xdx_98B_ecustom--ForeignExchangeEffectOnCurrentBorrowings_pn5n6_c20220101__20221231_zoly84cKq4Za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(17.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_ecustom--ForeignExchangeEffectOnNoncurrentBorrowings_pn5n6_c20220101__20221231_zWSfo5CuQLo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(56.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Transfers between current and non-current</span></td>
    <td id="xdx_988_ecustom--TransferBetweenCurrentAndNoncurrentCurrent_pn5n6_c20220101__20221231_zSYnA2IYkiW1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;761.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--TransferBetweenCurrentAndNoncurrentNoncurrent_pn5n6_c20220101__20221231_zdhG6fFtskAa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(761.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New lease agreements</span></td>
    <td id="xdx_98B_ecustom--AdditionsToLeaseLiabilityCurrent_pn5n6_c20220101__20221231_z92MOUisI2aa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New lease agreements, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;469.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--AdditionsToLeaseLiabilityNoncurrent_pn5n6_c20220101__20221231_zZePD6v7us94" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New lease agreements, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;905.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest on leases</span></td>
    <td id="xdx_98E_eifrs-full--InterestExpenseOnLeaseLiabilities_pn5n6_c20220101__20221231_zucyGmqkdX6e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest on leases"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;159.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
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    <td id="xdx_98F_eifrs-full--PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_pn5n6_c20220101__20221231_zZD6qHI1FZy8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payment of lease liabilities, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,014.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other movements</span></td>
    <td id="xdx_983_ecustom--OtherMovementsCurrent_pn5n6_c20220101__20221231_zAbJYYCDvGBa" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other movements, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.3)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--OtherMovementsNoncurrent_pn5n6_c20220101__20221231_zuA7K3AC8VU2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other movements, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;180.1&#160;</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>December 31, 2022</b></span></td>
    <td id="xdx_98A_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20221231_zKlM203CUdD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;982.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcVhzG1J0yOd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,788.1&#160;</b></span></td></tr>
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<p id="xdx_8A0_zjanyL5MFmf6" style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Contractual clauses (Covenants)</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">As at December 31, 2022, as well as at December
31, 2021 the Company's loans had equal rights to payment without subordination clauses. For the credit lines due to FINAME contracted
by the Company with Banco Nacional de Desenvolvimento Econ&#244;mico e Social (&#8220;BNDES&#8221;), the assets acquired using the credit
granted were placed as collateral. Other loans and financing contracted by the Company require various guarantees as collateral, such
as warranty or real estate, or are unsecured. Most loan contracts contain contractual covenants, including: financial covenants, including
actions that can reduce the ability to pay the loans; maintenance of the Company's assets, purposing to assure that all remain under usage
condition; restrictions on acquisitions, mergers, sales or disposals of its assets; disclosure of financial statements and the balance
sheet; no prohibitions related to new guarantees for loans contracted, except if: (i) expressly authorized under the agreement; (ii) new
loans contracted from financial institutions linked to the Brazilian government including BNDES or foreign governments; or foreign governments,
multilateral financial institutions (e.g. the World Bank) or in jurisdictions in which the Company operates.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Additionally, all agreements with BNDES are subject
to certain &#8220;provisions applicable to agreements entered into with BNDES&#8221; (&#8220;Provisions&#8221;). Such Provisions require
the borrower to obtain prior consent from BNDES if they, for instance, wish to: (i) raise new loans (except for the loans described in
the Provisions); (ii) give preference and/or priority to other debts; and/or (iii) dispose of or encumber any items of their fixed assets
(except as provided for within the Provisions).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">These clauses are applicable from the date of execution
and effectiveness of each contract to the extent that the events mentioned in the contract occur. Depending on the materiality of each
event and its potential adverse effects on the Company and /or its subsidiaries or the rights of its creditors, contractual penalties
may be applied, including the early maturity of the respective contract. In certain contracts, in the event of occurrence of any of the
events</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">set out in the restrictive clauses, the Company may be granted
a grace period to resolve any contractual defaults, in order to avoid any penalties resulting from the breach of its obligations.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Lastly, regarding the tax incentives on financing or
subsidized loans, these are subject to the fulfillment of several commitments according to the legislation or contracts upon which those
incentives are based on, such as (i) maintenance of jobs or job creation; (ii) realization of investments; (iii) increase in production
capacity; (iv) commitment to collect ICMS; (v) maintenance of fiscal good standing; among others, obligations that refer to facts under
the Company&#8217;s control. These commitments are applicable as from the signature date of the respective contracts related to fiscal
benefits.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">As at December 31, 2022, as well as at December 31, 2021
the Company was in compliance with all of its contractual obligations for its loans and financing.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455776816">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsAbstract', window );"><strong>Employee Benefits</strong></a></td>
<td class="text">&#160;<span></span>
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<td class="text"><p id="xdx_80F_eifrs-full--DisclosureOfEmployeeBenefitsExplanatory_z4wdJBob7Mnc" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>24.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_029"/><span id="xdx_827_zNTj8RQhoHxc">EMPLOYEE BENEFITS</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 12pt 0; text-align: justify">The Company sponsors post-employment benefits, such
as retirement plans, medical and dental care, among others for employees in Brazil and subsidiaries located in the Dominican Republic,
Barbados, Panama, Uruguay, Bolivia, Argentina and Canada based on employees' salaries and length of service. The entities are governed
by the local regulations and practices of each individual country as well as the relationship with the Company&#8217;s pension funds and
their composition.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Post-employment benefits of retirement are managed
through pension funds and are classified as either defined contribution or defined benefit plans.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Defined benefit plans and the other post-employment
benefits are not granted to new retirees.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Defined contribution plans</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">These plans are funded by the participants and
the sponsor and are managed by administered pension funds. During 2022, the Company contributed R$<span id="xdx_901_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20220101__20221231_zSYQctcEX8ja" title="Post-employment benefit expense, defined contribution plans">82.0</span> (R$<span id="xdx_901_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20210101__20211231_zagNe9HuRKZ5" title="Post-employment benefit expense, defined contribution plans">74.1</span> and R$<span id="xdx_906_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20200101__20201231_zvEqecPcTLse" title="Post-employment benefit expense, defined contribution plans">61.1</span> during 2021
and 2020) to these funds, which was recorded in expenses. Once the contributions have been paid, the Company has no further payment obligations.</p>





<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Defined benefit plans</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">At December 31, 2022, 2021 and 2020 the net liability
for defined benefit plans consisted of the following:</p>

<table cellpadding="0" cellspacing="0" id="xdx_89C_eifrs-full--DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_pn5n6_znaSGuhvfZ12" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Net Liability for Defined Benefit Plans (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BB_zHpzEaJcOUck" style="display: none">Schedule of net liability
for defined benefit plans</span></td>
    <td id="xdx_49B_20221231_zxXs2bP2QVbl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49D_20211231_zFuAqDVpaNC9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_493_20201231_zGCDBkIwWJt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40F_ecustom--DefinedBenefitObligationFundedPortionAtPresentValue_iNI_di_ztJm92ulJbQc" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Present value of funded obligations</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5,476.5)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(7,354.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(7,582.0)</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Fair value of plan assets</span></td>
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    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5,638.0&#160;</span></td>
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  <tr id="xdx_403_eifrs-full--SurplusDeficitInPlan_iI_zIwDG3TonKmi" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Present value of net obligations</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(933.2)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,716.3)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,048.7)</b></span></td></tr>
  <tr id="xdx_400_ecustom--DefinedBenefitObligationUnfundedPortionAtPresentValue_iNI_di_zWqC6LrsYdwk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Present value of unfunded obligations</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(921.0)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,165.4)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,195.6)</span></td></tr>
  <tr id="xdx_402_eifrs-full--DefinedBenefitObligationAtPresentValue_iNI_di_z8DugUmadRr1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Present value of net obligations&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,854.2)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,881.7)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,244.3)</b></span></td></tr>
  <tr id="xdx_40F_ecustom--AssetCeiling_iNI_di_zKgWaTR4wdGl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Asset ceiling</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(163.3)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(180.1)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(160.5)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--RecognisedLiabilitiesDefinedBenefitPlan_iNI_di_zs3aM62z0Nh9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net liabilities</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,017.5)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,061.8)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,404.8)</b></span></td></tr>
  <tr id="xdx_40F_ecustom--OtherLongTermEmployeeBenefitLiabilities_iNI_di_zz1lfgEpCRi7" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other long term employee benefits</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(87.1)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(104.3)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(105.5)</span></td></tr>
  <tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zia4wgNp9sqg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total employee benefits</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,104.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,166.1)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,510.3)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Employee benefits amount in the balance sheet</span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Liabilities&#160;</span></td>
    <td id="xdx_989_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_z5cnawx1BWnc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(2,161.2)</span></td>
    <td id="xdx_98A_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zho0ahTr834b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3,194.0)</span></td>
    <td id="xdx_986_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zdp5kjnb5DEd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3,543.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Assets&#160;</span></td>
    <td id="xdx_985_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zomUodvg00g8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;56.6&#160;</span></td>
    <td id="xdx_988_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zNbYIo4WcJI2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;27.9&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_z6G905JHm8hk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;33.6&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zrpa9tFdG5X7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net liabilities</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,104.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,166.1)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,510.3)</b></span></td></tr>
  </table>
<p id="xdx_8A6_zkANzIxy2FZd" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The changes in the present value of the defined benefit obligations were as
follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--DisclosureOfDefinedBenefitObligationTextBlock_pn5n6_zy4GP0LpXvfb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Obligation (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zu9Y6flaMG6g" style="display: none">Schedule of defined benefit obligations</span></td>
    <td id="xdx_491_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zXn12hsH37c2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zVpDabeOgYg7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zTIXhQ0SPBDa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zbJuwFAjtzTb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Defined benefit obligation at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,519.7)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,777.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(6,845.0)</b></span></td></tr>
  <tr id="xdx_401_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Service costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(47.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(58.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(51.4)</span></td></tr>
  <tr id="xdx_409_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(353.2)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(324.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(339.4)</span></td></tr>
  <tr id="xdx_40B_ecustom--GainsLossesOnSettlementAndCurtailment_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gains and (losses) on settlements or reductions in benefits</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;44.1&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by plan participants</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(6.9)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(6.1)</span></td></tr>
  <tr id="xdx_408_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_d0_zTmOGUmnB5ij" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Actuarial gains and (losses) - geographical assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;52.3&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;54.5&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Actuarial gains and (losses) - financial assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,333.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;726.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(443.6)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Experience adjustments</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(171.5)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(213.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(180.9)</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset_d0_z4Vg1xYCYrcl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reclassifications</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of exchange rate fluctuations</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;787.7&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(495.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,531.7)</span></td></tr>
  <tr id="xdx_40B_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Benefits paid</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;574.4&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;573.7&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;521.9&#160;</span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zfL8N5MEGIEh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Defined benefit obligation at December, 31</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(6,397.5)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,519.7)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,777.6)</b></span></td></tr>
  </table>
<p style="font: 12pt/107% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The present value of funded obligations includes R$<span id="xdx_90B_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20221231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zQd2al301SP6" title="Defined benefit obligation, at present value">665.4</span>
at December 31, 2022 (R$<span id="xdx_906_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20211231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zoGzJk48yuyg" title="Defined benefit obligation, at present value">603.9</span> at December 31, 2021 and R$<span id="xdx_90D_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20201231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zvPIZDZkolpi" title="Defined benefit obligation, at present value">705.0</span> at December 31, 2020) of two health care plans for which the benefits were
provided directly by Funda&#231;&#227;o Zerrenner. Funda&#231;&#227;o Zerrenner is a legally distinct entity whose main goal is
to provide the Company&#8217;s current and retired employees and managers with health care and dental assistance, technical and higher
education courses, and to maintain facilities for assisting and helping elderly people, among other matters, either through direct initiatives
or through financial assistance agreements with other entities.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The changes in the fair value of plan assets are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock_pn5n6_zBIp3nXyOU8a" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z4qzBun7Y4Ri" style="display: none">Schedule of changes in the fair value of plan assets</span></td>
    <td id="xdx_490_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zrwlNYcJ0SF2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zmYPB4C9eT35" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49E_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z77QLCkegPg2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zjn6vhMS2Sig" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Fair value of plan assets at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,638.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,533.3&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,582.4&#160;</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di_zlFFdZXMPuy4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;262.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;223.9&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;245.2&#160;</span></td></tr>
  <tr id="xdx_404_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_iN_di_zWXQvaQ5yncj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.8)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td></tr>
  <tr id="xdx_400_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected return, excluding interest income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(614.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(148.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;89.4&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_zR4mSspNNaJ3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by employer</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;316.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;342.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;306.8&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_zXZHfORVD054" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by plan participants</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;7.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;6.3&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zD1Cfim5Ac08" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exchange differences</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(482.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;263.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;812.1&#160;</span></td></tr>
  <tr id="xdx_401_ecustom--IncreaseDecreaseInPlanAssetsFromTransfers_d0_zM6IqBHCjkAd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Transfers</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;20.0&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_zyMexzq0zZvl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Curtailments, settlements and other</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.8)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.8)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_zPYGx84Zm8w4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Benefits paid, excluding administrative costs</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(574.4)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(573.7)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(521.9)</span></td></tr>
  <tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zahLxmJLLAEg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Fair value of plan assets at December, 31</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,543.3&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,638.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,533.3&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A4_zsYVYZWMXAOc" style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The real return on plan assets generated at December
31, 2022 was a gain/(loss) of R$<span id="xdx_901_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn5n6_c20220101__20221231_zbioVgy5vOd1">(352.5)
</span>(gain/(loss) of R$<span id="xdx_903_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn5n6_c20210101__20211231_zpITRfdgOyri">75.5
</span>at December 31, 2021).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">At December 31, 2022, the Company recorded R$<span id="xdx_903_ecustom--AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_iI_pn5n6_c20221231_zQXlHI9YVIki" title="Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan">56.6</span> (R$<span id="xdx_90D_ecustom--AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_iI_pn5n6_c20211231_zxhuDsSRM1Oi" title="Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan">27.9</span>
at December 31, 2021) up to the asset ceiling not exceeding the present value of future benefits.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The changes in the asset ceiling not exceeding the present
value of future benefits are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfAssetCeilingTextBlock_pn5n6_zLiXm0eEFvJd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Asset Ceiling (Details)">
  <tr style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z7h3kyhnk6p" style="display: none">Schedule of asset ceiling</span></td>
    <td id="xdx_49A_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zBZTvIKm10df" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zditqfU7A107" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_494_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zKq4o0rYRNC4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zHjvUqoVZLy9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Asset ceiling impact at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;27.9&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;33.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;56.2&#160;</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di0_ztY0rRN4LOB" style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income/(expenses)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.3&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;12.2&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_i_pn5n5" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Change in asset ceiling excluding amounts included in interest income/(expenses)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;30.2&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.0)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(48.9)</span></td></tr>
  <tr id="xdx_407_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zge2nJ7tLxDa" style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of exchange rate fluctuations&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.5)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2.0&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;14.1&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zPGE2tc5Mfe7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Asset ceiling impact at December 31&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;56.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;27.9&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;33.6&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A4_zuqG6iaWct4b" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The income/(expense) recognized in the income statement
with regard to defined benefit plans is detailed as follows:	</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock_pn5n6_zL6G68Li0EL3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Plans Recognized in the Income Statement (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zEQbKzxBbI6c" style="display: none">Schedule of defined benefit plans recognized in the income statement</span></td>
    <td id="xdx_498_20220101__20221231_zqzO2ZpiDRib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20210101__20211231_zPsS7OyWHvI7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zzdkyYPaX0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_iN_di_zsl7C75u93Si" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Current service costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(47.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(58.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(51.4)</span></td></tr>
  <tr id="xdx_409_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_i_pn6n6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.8)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td></tr>
  <tr id="xdx_406_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_iN_di_zL9Pww8bFQFd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">(Gains) losses on settlement and curtailment</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;42.6&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_iN_di_z2BenoQG7cG9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Income from operations</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(50.0)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(62.6)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(14.0)</b></span></td></tr>
  <tr id="xdx_407_ecustom--DefinedBenefitPlansRecognizedFinancialCosts_iN_di_zkdnxkwnxzta" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial costs</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(107.8)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(115.6)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(117.2)</span></td></tr>
  <tr id="xdx_409_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_iN_di_zOf1BSXbn3H2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total employee benefit expenses</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(157.8)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(178.2)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(131.2)</b></span></td></tr>
  </table>
<p id="xdx_8AD_zY1ZHVeCvOA2" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">&#160;</p>





<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The employee benefit revenue/(expenses) is included
in the following line items in the income statement:</p>

<table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock_pn5n6_zomvaHoWv6fl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Employee Benefit Revenue/(Expenses) Allocation (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_zAvqxLlgVxh1" style="display: none">Schedule of employee benefit revenue</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other operating income/(expenses), net</span></td>
    <td id="xdx_986_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zm0o0wOkRJqk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.1)</span></td>
    <td id="xdx_989_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zJjpW2ew4LX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.2)</span></td>
    <td id="xdx_980_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_d0_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zSXhFSz8IPp4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_z3dB3jfPZDVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(26.4)</span></td>
    <td id="xdx_987_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zaPRNQcVhIf5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(33.0)</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zStgTv5g5qz5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(28.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Sales and marketing expenses&#160;</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_z6M48n7AUg0j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.4)</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zh5E1sasmsUf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(11.7)</span></td>
    <td id="xdx_984_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zdzvR4tSD7W3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative income/(expenses)</span></td>
    <td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zaTz7QXOOq27" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(14.1)</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zS9a7OUfjGJ7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(17.7)</span></td>
    <td id="xdx_985_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zWFtNIIUvKdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;24.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial expense</span></td>
    <td id="xdx_98D_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z9zaqb7eNGB6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(107.8)</span></td>
    <td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_zJeBmJxE1Fej" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(115.6)</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z88Nc4V2zMk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(117.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231_zpLGGaKzhsa4" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(157.8)</b></span></td>
    <td id="xdx_98A_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231_zrgpP4sOWpwf" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(178.2)</b></span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231_zv7QYYgNurnc" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(131.2)</b></span></td></tr>
  </table>
<p id="xdx_8AD_zZemsEy2LPif" style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">The assumptions used in the calculation of the obligations are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfActuarialAssumptionsOfTheEntityTextBlock_pn5n6_z2WnvOm0FeL6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Actuarial Assumptions (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zkBIPNYFMuc4" style="display: none">Schedule of assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup/></span>&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup/></span>&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup/></span>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2022&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2021&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2020&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Discount
rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_znLsC10Ycvae" title="Discount rate">5.1</span>% to <span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYjkzA2STYJl" title="Discount rate">11.0</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zPttK2TB21d2" title="Discount rate">2.9</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zuKhA3NlWNj8" title="Discount rate">10.0</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zXZVmd2savNd" title="Discount rate">2.4</span>% to <span id="xdx_903_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJVoPvXrEY7b" title="Discount rate">10.0</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inflation</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_902_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zHVahw7I1vIf" title="Inflation">2.0</span>% to <span id="xdx_90A_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJXLQysOsWwb" title="Inflation">3.5</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90D_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfpBEdQL4naf" title="Inflation">2.0</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_z5UpDx4DWizd" title="Inflation">3.5</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZOkcOILdeN1" title="Inflation">2.0</span>% to <span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zrGXFtQ9AwX9" title="Inflation">3.5</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Future salary increases&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zj5PyFkhvpEj" title="Future salary increases">1.0</span>% to <span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zDLqFlMRTBuc" title="Future salary increases">7.1</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zYsLFOTXTGF1" title="Future salary increases">1.0</span>% to <span id="xdx_90B_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zZIOXTRstIGh" title="Future salary increases">7.1</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_ztQirYmdNkce" title="Future salary increases">1.0</span>% to <span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAVowhAD68z7" title="Future salary increases">7.1</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Future pension increases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFchon2H1SRj" title="Future pension increases">2.7</span>% to <span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zjAIFd5ZSjAc" title="Future pension increases">3.8</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZ8LC7pGXuuk" title="Future pension increases">2.5</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAdVvDA2FNHh" title="Future pension increases">3.8</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zsvR6pqmQ9Bl" title="Future pension increases">2.0</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zi4PwQeve5Ue" title="Future pension increases">3.8</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Medical cost trend rate&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zrR37njv7kh6" title="Medical cost trend rate">6.4</span>% to <span id="xdx_906_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zT6hm63S7TVe" title="Medical cost trend rate">7.1</span>% p.a. reducing to 7.1%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfmo3Xdg5RCj" title="Medical cost trend rate">4.2</span>% to <span id="xdx_907_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYKbkt6WGOJc" title="Medical cost trend rate">6.9</span>% p.a. reducing to 6.9%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_901_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFkl4KFdNNm5" title="Medical cost trend rate">4.5</span>% to <span id="xdx_905_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zaDN8M5V7i5l" title="Medical cost trend rate">6.9</span>% p.a. reducing to 6.9%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dental claims trend rate&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkz6MlRmysni" title="Dental claims trend rate">3.5</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90D_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zKZeBa2nTNpf" title="Dental claims trend rate">3.3</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkGXmtgN9U42" title="Dental claims trend rate">3.3</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Life expectancy for an over 65 years old male&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90A_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWThsUUJjFJ4" title="Life expectancy for an over 65 years old male">84</span> to <span id="xdx_906_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYSbfmBbt1V2" title="Life expectancy for an over 65 years old male">87</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zAcZR94nY6Oh" title="Life expectancy for an over 65 years old male">85</span> to <span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zxRIBxh76dIf" title="Life expectancy for an over 65 years old male">87</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zvPyiu3hl0e7" title="Life expectancy for an over 65 years old male">84</span> to <span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4GygqR16VN" title="Life expectancy for an over 65 years old male">87</span></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Life expectancy for an over 65 years old female</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zgD1J5i4aFF6" title="Life expectancy for an over 65 years old female">86</span> to <span id="xdx_904_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zWoZzBMTI7Rh" title="Life expectancy for an over 65 years old female">89</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zHrbSHAhJ0Tc" title="Life expectancy for an over 65 years old female">87</span> to <span id="xdx_902_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zZniZbeU4k6j" title="Life expectancy for an over 65 years old female">89</span></span></td>
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  </table>
<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zpaVyfqHPDRi" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F12_zlUXyBDDTtd8" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada.</td></tr>
</table>


<p id="xdx_8AA_z1uaU6e6T6Sf" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Through its defined benefit pension plans and post-employment
medical plans, the Company is exposed to a number of risks, the most significant of which are detailed below:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Asset volatility</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The plan liabilities are calculated using a discount
rate pegged to high-quality private securities; if plan assets underperform this yield, the Company&#8217;s net defined benefit obligation
may increase. Most of the Company&#8217;s funded plans hold a significant proportion of equities, which are expected to outperform corporate
bonds in the long-term while providing volatility and risk in the short-term. As the plans mature, the Company usually reduces the level
of investment risk by investing more in assets that better match the liabilities.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Changes in bond yields</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A decrease in corporate bond yields will increase plan
liabilities, although this will be partially offset by an increase in the value of the plans&#8217; bond holdings.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Inflation risk</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Some of the Company&#8217;s pension obligations are linked
to inflation, and higher inflation will lead to higher liabilities. The majority of the plan&#8217;s assets are either unaffected by or
only</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">loosely correlated with inflation, meaning that an increase
in inflation could potentially increase the Company&#8217;s net benefit obligation.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Life expectancy</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Most of the plans&#8217; obligations are to provide benefits
for the life of the member, so increases in life expectancy will result in an increase in the plans&#8217; liabilities.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Investment strategy</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In the case of funded plans, the Company ensures that
the investment positions are managed within an asset-liability matching (&#8220;ALM&#8221;) framework to ensure long-term investments
that are in line with the Company&#8217;s obligations under the pension schemes. Within this framework, the Company&#8217;s ALM objective
is to match the assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit
payments as they fall due and in the appropriate currency.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The sensitivity of the defined benefit obligation to
changes in the weighted principal assumptions is as follows:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn5n6_zcDB6wI8JAj6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Weighted Principal Assumptions (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zAsAbpf5vTm7" style="display: none">Schedule of weighted principal assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>In millions of Brazilian Reais</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2022</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2021</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Change in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Medical cost trend rate</span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">100 bases points&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zzLvZ0UUqHih" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(94.3)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z98ckDvycHCh" style="white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;81.8&#160;</span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_ztLmGQVhZcjc" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(114.7)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z8cYlpRVFR1f" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;98.6&#160;</span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zERdWaMG5hyk" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(139.4)</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z4IxkvxLFXTa" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;118.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Discount rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">50 bases points&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_z9GMj6v3n199" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;307.9&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zcp4oPlCBwG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(328.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zUJtAuOcZhoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;442.0&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zeFEtgkVWL6l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(470.3)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zrXoK0iA6YTc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;461.0&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zh951Sxzugxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(492.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Future salary increase</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">50 bases points&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_z6OZoeq6Vnke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.6)</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zSY2yClxaOvl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_ztLsg9ZHY1Jk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.8)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zgYhNPH9Nhy1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;18.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zJL4OPSQRRoj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(24.3)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zBsYUxUaXhGk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Longevity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--AmountOfReasonablyPossibleIncreaseInActuarialAssumption_iI_pip0_uPure_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zcnpKFPdRo9a" style="display: none" title="Change in assumption, year">1</span>
    One year</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zV0CufOII2mf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(221.5)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zdCpjEOfzMK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;213.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zBDqDA6TKXrd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(287.6)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zSTOkmmnMO2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;279.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_z36GcQLlWGwi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(295.6)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zeACq8sfLaT7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;287.1&#160;</span></td></tr>
  </table>
<p id="xdx_8A3_zenyBETUSjp6" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The data presented in these tables are purely hypothetical
and are based on changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein always
affect the other assumptions at the same time and their effects are not linear. Therefore, the above information is not necessarily a
reasonable representation of future results.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">The plans assets at December 31, 2022, 2021 and
2020 consisted of the following:</p>

<table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfPlanAssetsComponentsTextBlock_pn5n6_zr7Nb0ezELHi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets Components (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B9_zLWqwLi2ENBa" style="display: none">Schedule of plans assets</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 32%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Government bonds</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zCiPYGdEiQkk" title="Plan assets percentage, rated">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zovFIna72BZf" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90E_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z8CjwOCgX9ua" title="Plan assets percentage">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z6amjBDMK7W7" title="Plan assets percentage, rated">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zf0O1vY7Vrsi" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zzhFpaQ4qlj7" title="Plan assets percentage">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zuraWaVZVFQh" title="Plan assets percentage, rated">52</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90E_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zUsQNPo0vSQ5" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zZ16b1cREC6l" title="Plan assets percentage">52</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Corporate bonds</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zHAm2zUOcLU8" title="Plan assets percentage, rated">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zGj6PtRkoNa5" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zIDrNohR6V7b" title="Plan assets percentage">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zuNodzTBji9f" title="Plan assets percentage, rated">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90B_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zPWpcBKpHWX6" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zda8rvNxJeHj" title="Plan assets percentage">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zbNlZiivK3S1" title="Plan assets percentage, rated">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90F_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zYJy05b6k3ic" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zMXeOsM0u90f" title="Plan assets percentage">6</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Equity instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_900_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zAhd8NLN3wA" title="Plan assets percentage, rated">15</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zd8DlIifXDR" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zP7yISvwocM5" title="Plan assets percentage">15</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_ztdrHM2Lnn5b" title="Plan assets percentage">15</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z7AFtE7aWGm6" title="Plan assets percentage, rated">6</span>%</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_906_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zEfLd3b79Oo5" title="Plan assets percentage">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zORBJwOIvOK3" title="Plan assets percentage, rated">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zYeLzHOepEng" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zd7fAITRts97" title="Plan assets percentage, rated">26</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90A_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zApbal4C5HJg" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zkuagjo5SDO2" title="Plan assets percentage">26</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_906_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zpTSRhHYpj5f" title="Plan assets percentage, rated">35</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zHZq9dMhguNe" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_z9ku1LIO5kKf" title="Plan assets percentage">35</span>%</span></td></tr>
  </table>
<p id="xdx_8A1_zxzh8UL2hEq" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The overall expected rate of return is calculated by
weighting the individual rates in accordance with Ambev&#8217;s expected share of the total investment portfolio.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt Times New Roman,serif; margin: 0">Ambev expects to contribute approximately R$<span id="xdx_90A_eifrs-full--EstimateOfContributionsExpectedToBePaidToPlan_pn5n6_c20220101__20221231_zBAOZNLb8AU5" title="Estimate OfContributions Expected To Be Paid To Plan">309.7</span> to its defined benefit plans
in 2023.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<span></span>
</td>
</tr>
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<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Section Scope<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;doctype=Standard&amp;dita_xref=IAS19_g2-7__IAS19_g2-7_TI<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEmployeeBenefitsExplanatory</td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455772512">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SHARE-BASED PAYMENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ShareBasedPaymentsAbstract', window );"><strong>Share-based Payments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>25.</b></span><b/></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_030"/><span id="xdx_823_zHcLjbHV7yf">SHARE-BASED PAYMENTS</span></b></span></td></tr>
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<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Currently the Company has two plans for share-based
payment programs: (i) the Stock Option Plan, approved in Extraordinary General Meeting of July 30, 2013 (&#8220;Stock Option Plan&#8221;)
and (ii) the Share-based Payment Plan approved in Extraordinary General Meeting of April 29, 2016, as amended in Extraordinary General
Meeting of April 24, 2020 (&#8220;Share-Based Plan&#8221;). In each plan different restricted stock options and share-based payment programs
are issued periodically which allow the employees and senior management of the Company and its subsidiaries to acquire, through the exercise
of stock options, or receive shares of the Company.</p>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="color: black"/></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(i) Stock Option Plan</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There are three models of stock options that may be granted
under the Stock Option Plan.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the first model, beneficiaries, in accordance
with their internal category, could choose between allocating (a) <span id="xdx_905_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionOne_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zB8b8rN5OiE6" title="Profit allocation, share-based payments, allocation option one">30%</span>
or 100%, (b)&#160;<span id="xdx_900_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionTwo_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zR4PkqYTf4ug" title="Profit allocation, share-based payments, allocation option two">40%</span>
or 100%, and (c) <span id="xdx_90A_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionThree_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_z0IKb4erLo31" title="Profit allocation, share-based payments, allocation option three">60%</span>
or <span id="xdx_90B_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionFour_pp0d_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zHCLi4ebumr5" title="Profit allocation, share-based payments, allocation option four">100%</span>
of the amounts received by them as profit-sharing regarding the immediate year to the exercise of stock options, thereby allowing
them to acquire the corresponding amount of Ambev shares. Under this model, a substantial part of the shares acquired is to be
delivered only within five years from the corresponding stock option grant date. During such <span id="xdx_905_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zaW3hld7kt2l" style="display: none" title="Option life, share options granted">5</span> five-year period, the beneficiary
must remain employed at Ambev or in any other company of its group.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the second model, the beneficiary may
exercise the stock options granted only after a period of up to <span id="xdx_902_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantTwoMember_z4hYNC48jnQb" style="display: none" title="Option life, share options granted">5</span> five years from the corresponding grant date. Vesting of the stock
options granted under the second model is not subject to the company&#8217;s performance measures; however, the right to exercise
such options may be forfeited in certain circumstances, including the beneficiary&#8217;s resignation or dismissal prior to the
stock options&#8217; vesting.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the third model, the beneficiaries, in accordance
with their internal category, may choose between allocating (a) <span id="xdx_907_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionOne_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_zBELrCy1N5d3">20%
</span>or 100%, (b) <span id="xdx_90C_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionTwo_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_zjuKAB4x5yIk">30%
</span>or 100%, and (b) <span id="xdx_90B_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionThree_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_z3vXdJE1qKHe">50%
</span>or <span id="xdx_909_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionFour_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_zIDmvIIOceK4">100%</span>,
of the amounts received by them as profit-sharing regarding the immediate year, to the exercise of stock options, acquisition of the
corresponding amount of Ambev shares. The totality of the shares acquired is to be delivered to the beneficiary within forty-five days
from the corresponding stock option exercising date (which shall not be later than forty-five days from the stock option grant date).
The beneficiaries of this third model are under a five-year lock-up period.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For all stock option programs, the fair value of
the shares is estimated as at the option grant date, using the &#8220;Hull Binomial&#8221; pricing model, adjusted to reflect the
IFRS 2 - <i>Share-based Payment</i> requirement that assumptions regarding forfeiture before the end of the vesting period cannot
impact the fair value of the option. The fair value of the share options is estimated at the grant date, using an option pricing
model. Based on the expected number of options that will be</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">exercised, the fair value of the options granted is recognized
as an expense over the vesting period with a corresponding credit to equity. When the options are exercised, the equity is increased by
the amount of the proceeds received.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(ii) Share-Based Plan</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In this plan, certain employees and members of the Management
of the Company or its subsidiaries are eligible to receive shares in the Company including in the form of ADRs. The shares that are subject
to the Share-Based Plan are designated as "restricted shares" (RSUs) or &#8220;performance shares&#8221; (PSUs).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The delivery of restricted shares and performance shares
are made free, and the waiting period may vary between three and five years from the corresponding share-based plan stock grant date,
during which the beneficiary must remain employed at Ambev or any other company of its group.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The restricted shares and performance shares give to
participates the right to receive additional shares with the same conditions, such as compensation dividends and Interest on shareholder&#180;s
equity declared and paid by the Company during the waiting period. The right to receive restricted, performance and additional shares,
can be fully or partially lost depending on circumstances, including cases of resignation or resignation during the grace period.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the Share-Based Plan, the reference price per restricted
share is defined on the stock-grant date based on the share price of the trading session on B3 S.A. immediately prior to the granting
of the shares, except for the performance shares, which the fair value is defined at the grant date based on &#8220;Monte Carlo&#8221;
pricing method. After defining the reference price, based on number of grant shares, the calculated amount is recorded as expense against
equity. The shares are transferred to attendees according to the terms and periods by the respective programs.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The weighted average fair value of the options and assumptions
used to apply the Company&#8217;s option pricing model for 2022, 2021 and 2020 was as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory_pn5n6_zTdqHFhvauV9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Fair Value (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zMrRpyBbl5p6" style="display: none">Schedule of weighted average fair value of the options and assumptions</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>In R$</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9.5pt"><sup id="xdx_F5B_z4VhvPzgjkn4">(i)</sup></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Fair value of options granted</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare_pid_uBRLPerShare_c20200101__20201231_zOs6R6M6RL09" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of options granted"><span style="font-family: Times New Roman,serif; font-size: 9pt">4.04&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Share price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare_pid_uBRLPerShare_c20200101__20201231_zVgXpjGZ5tQ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Share price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.05&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exercise price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--ExercisePriceShareOptionsGrantedExercisePricePerShare_pid_uBRLPerShare_c20200101__20201231_zMigmZ6TsAg3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.05&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected volatility</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20200101__20201231_zBqlVF8ppMa4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected volatility"><span style="font-family: Times New Roman,serif; font-size: 9pt">22.3%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Vesting year</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pid_uPure_c20200101__20201231_zc57VpFvBef1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Vesting year"><span style="font-family: Times New Roman,serif; font-size: 9pt">5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected dividends</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_dp_uPure_c20200101__20201231_zTdy4SesgqH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected dividends"><span style="font-family: Times New Roman,serif; font-size: 9pt">5%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Risk-free interest rate&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--DescriptionOfRiskFreeInterestRateShareOptionsGranted_pid_dp_c20200101__20201231_zews7wu8Hehf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Risk-free interest rate"><span style="font-family: Times New Roman,serif; font-size: 9pt">6.8%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9.5pt"><sup id="xdx_F5D_zbW6td78Xar5">(ii)</sup></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zm98KWb0tLW8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_z7PhubPBPPfe" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate.</td></tr>
</table>


<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zSRh7sWEwVK3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F1D_zEAXR935in5i" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The percentages include the grants of stock options and ADRs during the period, with the risk-free interest rate of ADRs calculated in
U.S. Dollar.</td></tr>
</table>

<p id="xdx_8A6_zQuC1gox6e73" style="margin-top: 0; margin-bottom: 0">&#160;</p>






<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The total number of outstanding options developed
was as follows:</p>

<table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfTheNumberOfOutstandingOptionsTextBlock_pn3n3_zVMcENboaJY7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Outstanding Options (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zap69Oasfpka" style="display: none">Schedule of number of outstanding options developed</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand options</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Options outstanding at January</b></span></td>
    <td id="xdx_98D_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20220101__20221231_zMqa4GGSn16b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>113,760&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20210101__20211231_z0jvHNPtQK3i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>127,265&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20200101__20201231_zIQbkWCB02X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>141,736&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options issued during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zAoy48r8rrYe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">22&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercised during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_z6Flw6nTQAYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(5,247)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zNMkFp70ywVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(5,730)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options forfeited during the period</span></td>
    <td id="xdx_98C_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20220101__20221231_z91YaR2UAuGg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(14,043)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_zJQwsCKXHBQe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(8,258)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20200101__20201231_zbg1kK20QR3a" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(8,763)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Options outstanding at the end of the year</b></span></td>
    <td id="xdx_984_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20220101__20221231_zj4kfm6JSv5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>99,717&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20210101__20211231_zspc0Hx4x8ne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>113,760&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20200101__20201231_zoPe7FTJhcm8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>127,265&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A6_z6XhkUuNq9l3" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-indent: 20pt; text-align: justify">The range of exercise prices of the outstanding options
was from R$<span id="xdx_906_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3YiOLN0we32" title="Exercise prices of the outstanding options">15.95</span> (R$<span id="xdx_901_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zNkMH4I3QVC7" title="Exercise prices of the outstanding options">15.95</span> in 2021 and R$<span id="xdx_909_ecustom--ExercisePricesOfTheOutstandingOptions_i03I_pip0_uBRLPerShare_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zaoKxkE0Qhlj" title="Exercise prices of the outstanding options">11.972</span> in 2020) to R$<span id="xdx_909_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zVho6VCdBZs5" title="Exercise prices of the outstanding options">39.04</span> (R$<span id="xdx_905_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zTNi7hXX4Pyd" title="Exercise prices of the outstanding options">45.97</span> in 2021 and R$<span id="xdx_90F_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zkUa7OpVYhd4" title="Exercise prices of the outstanding options">43.95</span> in 2020) and the weighted average remaining
contractual life was approximately <span id="xdx_905_eifrs-full--WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_dtY_c20220101__20221231_z7we5OTfLiQ8" title="Weighted average remaining contractual life of outstanding share options (Year)">4.29</span> years (<span id="xdx_908_eifrs-full--WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_dtY_c20210101__20221231_zGxeYD3iIQf7" title="Weighted average remaining contractual life of outstanding share options (Year)">6.70</span> years in 2021 and <span id="xdx_902_eifrs-full--WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_dtY_c20200101__20221231_zhI62wIVSiT1" title="Weighted average remaining contractual life of outstanding share options (Year)">6.43</span> years in 2020).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Of the <span id="xdx_904_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20221231_zZsGbpUAcRTa" title="Number of share options outstanding in share-based payment arrangement at end of period">99,717</span> thousand outstanding options (<span id="xdx_904_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20211231_zaHfzXZ1DGKi" title="Number of share options outstanding in share-based payment arrangement at end of period">113,760</span> thousand
in 2021 and <span id="xdx_90F_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20201231_zakCPlD58zvg" title="Number of share options outstanding in share-based payment arrangement at end of period">127,265</span> thousand in 2020), <span id="xdx_904_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20220101__20221231_zDlq3vRsfRYk" title="Number of share options vested in share-based payment arrangement">63,850</span> thousand options were vested in 2022 (<span id="xdx_90E_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20210101__20211231_zUmQz0wIH58h" title="Number of share options vested in share-based payment arrangement">59,250</span> thousand in 2021 and <span id="xdx_908_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20200101__20201231_z50FIiFpm8v3" title="Number of share options vested in share-based payment arrangement">36,459</span> thousand in 2020).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt">The weighted average exercise price of the options was as follows:</p>

<table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock_pn5n6_ztMchxfYvuP2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Exercise Price of Options (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_z8pzB2fvnS61" style="display: none">Schedule of weighted average exercise price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>In R$ per share</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options outstanding at January 1</span></td>
    <td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20220101__20221231_z4ybJBQNmIk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.92&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pid_uBRLPerShare_c20210101__20211231_zaJQAGiNut9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.81&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20200101__20201231_z6Yn2pCyJtM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.53&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options issued during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zzYaZxVN2jak" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.05&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options forfeited during the period</span></td>
    <td id="xdx_98A_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20220101__20221231_zDkP7HeDt5q" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">22.60&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_z9hzaKC1fLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">25.27&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zEljCbt29W72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">22.96&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercised during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_ze8AXkwhCke1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">13.16&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zObP7AoLDd61" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">8.30&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options outstanding at the end of the period</span></td>
    <td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20220101__20221231_zM1H8QHOVffj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.39&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20210101__20211231_zxQMyal0TIUh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.92&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pid_uBRLPerShare_c20200101__20201231_znZoZ7DnMVC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.81&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercisable at the end of the period</span></td>
    <td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20221231_zyIsC27zbpB4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">20.12&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20211231_zYdVVxoshP9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">21.14&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20201231_zS1vczaNLugj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">23.70&#160;</span></td></tr>
  </table>
<p id="xdx_8A9_z8iS5zkc3qig" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There were no options exercised during the year ended December 31, 2022, (for options exercised in the year ended December
31, 2021, the weighted average share price on the exercise date was R<span id="xdx_902_eifrs-full--WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_pip0_c20210101__20211231_zFLFOa4GElT2">$17.87</span> and on December 31, 2020 was R<span id="xdx_907_eifrs-full--WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_pip0_c20200101__20201231_zleuntjRIAf7">$15.23</span>).</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">To settle the exercised stock options, the Company
may use treasury shares. The current limit on the authorized capital is considered sufficient to meet the Company&#8217;s obligations
under all stock option plans if the issue of new shares is required to meet the grants awarded under the Programs.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">During the period, the Company granted <span id="xdx_903_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zqMpLvtXflN2">44
</span>thousand deferred shares under the stock option plan which are valued based on the share market price prior to the grant, which
represents a fair value of R<span id="xdx_901_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zVvFT0tDC397">$0.6
</span>(at December 31, 2021, <span id="xdx_90C_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z329hOtT7E6h">110
</span>thousand deferred shares had been granted, which are valued based on the share market price prior to the grant, which represented
a fair value of R<span id="xdx_902_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zc0pmFNWxMa">$1.7
</span>and at December 31, 2020, <span id="xdx_90A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zSFu1bUXgo76">153
</span>thousand deferred shares had been granted, which are valued based on the share market price prior to the grant, which represented
a fair value of R<span id="xdx_90F_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zJ05Eajh1oI5">$2.4</span>.
Such deferred shares are subject to a vesting period of five years from the grant date.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">During the period, the Company granted <span id="xdx_908_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zST4YIQ4EpHh" title="Number of other new equity instruments introduced in share-based payment arrangement">49,328</span>
thousand (<span id="xdx_90E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zTGJqd2P6mP1" title="Number of other new equity instruments introduced in share-based payment arrangement">20,629</span> thousand in 2021 and <span id="xdx_90E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zNOkF80zjOD5" title="Number of other new equity instruments introduced in share-based payment arrangement">21,066</span> thousand in 2020) restricted shares and performance shares under the Share-Based Plan, which
are valued based on the parameters referenced above, representing a fair value of approximately R<span id="xdx_908_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zB0Ib4VJhy38" title="Fair value of other equity instruments granted in share-based payment arrangement">$766.6</span> in 2022 (R<span id="xdx_90A_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zPARgfwQeSJk" title="Fair value of other equity instruments granted in share-based payment arrangement">$325.7</span> in 2021 and
R<span id="xdx_905_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zM9slb4C1cSj" title="Fair value of other equity instruments granted in share-based payment arrangement">$315.4</span> in 2020).</p>






<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The total number of shares purchased by or granted to
employees, as the case may be, under the Stock Option Plan and&#160;Share-Based Plan, which will be delivered in the future based on
the fulfilment of certain conditions (deferred stock, restricted and performance shares), is as set out below:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>Deferred shares</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_pn3n3_zC11LqeDiun" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Deferred Shares (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_zh3n8FC4NNWa" style="display: none">Schedule of deferred shares</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand deferred shares</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Deferred shares outstanding at January</b></span></td>
    <td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z5oFaaGK8qQc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>1,168&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zH9YosXndxgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>6,065&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zhW8E1kqVygl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>7,926&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New deferred shares during the period</span></td>
    <td id="xdx_983_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zznmlTvHNUsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">44&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zUvmVuCb5u5g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">110&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zWAgzsAqPnB5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">153&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred shares granted during the period</span></td>
    <td id="xdx_988_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_ziVWQAd1jW96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(214)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z1i3KUbnvv95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(4,964)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zOCHHcZHI2e1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(1,901)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred shares forfeited during the period</span></td>
    <td id="xdx_988_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zIzMXB1aD1K2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(109)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zD43eSOrjlz9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(43)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zn4wFlrF4cB6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(113)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Deferred shares outstanding at the end of the year</b></span></td>
    <td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zHUyQT5pffE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>889&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z2C3x7fFLHAk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>1,168&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zXHNqQotxpxe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>6,065&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>Restricted and performance shares</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<tr style="vertical-align: bottom">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Restricted shares granted during the period</span></td>
    <td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zSETyIpqwbg1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(12)</span></td>
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    <td id="xdx_98F_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z6yPcmUDX1Yl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(22)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</b></span></td></tr>
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    <td id="xdx_98C_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zvfyvGamVOEh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(3,007)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zyAb5p2UmB4k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(1,520)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zGSx9tgPcVEf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(1,444)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Restricted shares outstanding at the end of the year</b></span></td>
    <td id="xdx_980_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zmo7sL4FLcY9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>108,854&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zS3JhO2gfTF5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>62,545&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zEMBQ4FdySef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>43,458&#160;</b></span></td></tr>
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<p id="xdx_8A8_znK2aG6RxPqe" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><span style="font-size: 12pt">Additionally, certain
employees and managers of the Company received options to acquire AB InBev shares, the compensation costs of which are recognized in the
income statement against equity</span><span style="font-size: 11pt">.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 12pt 0 0; text-align: justify">The transactions with share-based payments described
above generated an expense of R<span id="xdx_90E_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20220101__20221231_zeQTWe0nABtf" title="Expense from share-based payment transactions with employees">$311.6</span> in 2022 (R<span id="xdx_908_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20210101__20211231_zhOyQi6BPfdc" title="Expense from share-based payment transactions with employees">$391.5</span> and R<span id="xdx_90F_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20200101__20201231_zBQiR1kMW1j8" title="Expense from share-based payment transactions with employees">$223.1</span> in 2021 and 2020, respectively), recorded as administrative expenses.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<span></span>
</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for share-based payment arrangements.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 44<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_44&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450374128">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>TRADE PAYABLES<br></strong></div></th>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;23,867.2&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--NoncurrentPayablesToRelatedParties_iI_pn5n6_z3vbxxzgNYDf" style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Related parties (Note 31)</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,210.7&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--TradeAndOtherCurrentPayables_iTI_pn5n6_z5X4Ke6dfoYj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;24,328.5&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;25,077.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40E_eifrs-full--TradeAndOtherPayables_iTI_pn5n6_zpSti1dLQsUj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;24,837.9&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;25,695.0&#160;</b></span></td></tr>
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<p id="xdx_8A1_zuXcPTKRTAub" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes its third party and related party
vendor obligations in trade payables line. As mentioned in note 3 (u) &#8211; <i>Summary of significant accounting policies, Trade Payables</i>,
when relevant, vendor trade payables are adjusted at present value.</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Therefore, the present value adjustment recorded for trade
payables, at <span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%">December 31, 2022 is R<span id="xdx_908_ecustom--NominalContractualAmountsIncludingInterest_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradePayableMember_zxnAjf8kXpF7" title="Nominal contractual amounts, including interest">$367</span> million (R<span id="xdx_902_ecustom--NominalContractualAmountsIncludingInterest_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradePayableMember_zo9YXs8rsNc9" title="Nominal contractual amounts, including interest">$239</span>
million at December 31, 2021).</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The controlled companies in Argentina, Chile, Paraguay
and Panama have transactions with discounted trade bills with endorsement (trade payables securitization) with vendors in the amount of
R$<span id="xdx_904_ecustom--TradeAndOtherPayables1_iI_pn5n6_c20221231_zcneobM3u0Hd" title="Trade payable">219.3</span> million at December 31, 2022 (R$<span id="xdx_900_ecustom--TradeAndOtherPayables1_iI_pn5n6_c20211231_zVghA1ZOGOlh" title="Trade payable">370.0</span> million at December 31, 2021). In general, the abovementioned discounted trade bills transactions
occur by legal impositions existing in these jurisdictions. These transactions maintain commercial characteristics since there are no
changes in previously established conditions and its vendor&#8217;s choice to carry out the anticipation of its trade receivables with
the Company.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other payables. [Refer: Trade and other payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131507091392">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PROVISIONS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td style="width: 3%"><span style="font-size: 12pt"><b>27.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_032"/><span id="xdx_82B_z4TWYPENF7G2">PROVISIONS</span></b></span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 9pt 0pt 0pt"><b>(a) Provision changes </b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfOtherProvisionsExplanatory_pn5n6_zMfN0vjayeYg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Changes in Provisions (Details)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_z84DaxZRADf8"><span id="xdx_8B4_zL3tROFJ75gd" style="display: none">Schedule of provision changes</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2020</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Effect of changes in foreign exchange rates</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z1teOVTe343j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;184.1&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zJRLdHtQjOqj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5817">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zTcR2lABsIz3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;198.5&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_znBSzA4bWhFd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(57.3)</span></td>
    <td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zhuGtBDQxSU" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(106.7)</span></td>
    <td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zu5zcxUUr3Bh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;218.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z4vrWZlxhUa1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;129.9&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zBK08uys7P0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.8)</span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zyUe3wIkRXE2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zcODmZESftZa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(147.2)</span></td>
    <td id="xdx_981_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zTvCo5aSwGha" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(20.8)</span></td>
    <td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zzAbKH3DrY1k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;124.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ztb0sRp6n2Nl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;86.8&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ze7uUqdhLJ3l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.2)</span></td>
    <td id="xdx_986_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zoGIxnF9jYk1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.9&#160;</span></td>
    <td id="xdx_981_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zk9YONbReiK3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(71.8)</span></td>
    <td id="xdx_987_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zMQz1ocLvZW3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(33.8)</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zw44N8MIA5Ui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zKZygkqr8Lo1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbJ5KbZyYqte" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.6&#160;</span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbGdTQW5ZwHf" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.2)</span></td>
    <td id="xdx_980_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zgrnpYjYtwqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z5Gy1NXIGJc6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zVK8J30aoTf4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;557.5&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zXK2vJVoHQqe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1.0)</b></span></td>
    <td id="xdx_980_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z1XStjzPm494" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;650.1&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7SU9vZ4xr7i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(281.5)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqKEykFerTJ1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z4OrQA0S8ih4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCPS4Ql6Vrd9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zs4IVzHIrcJ4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zbwq74fGfv4l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zB8VUtQvpTUd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_984_ecustom--ProvisionReversedOtherProvisions_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zJscW6BeBUb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCIlamX1l57" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provisions</b></span></td>
    <td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20201231_zJj2XI74zCB3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;572.0&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231_zjea5B3BmZ2i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.2&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231_ziR0jbFW4xdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;656.9&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231_z3U7clWd13xg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(286.6)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231_zJvhDVbXB3fh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231_zOPYCkpbP3I4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;776.1&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Effect of changes in foreign exchange rates</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2022</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z2wg42H98KTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;218.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zk7BrcLHdmJa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5901">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zH2pRft9xMnk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;157.6&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zt8iNjUrPf23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(85.8)</span></td>
    <td id="xdx_98F_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zIK6Kc3xKLAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(43.3)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zERTcUTvgwN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;247.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
    <td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zLfsSWLHIL5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;124.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z1XJhBy5UJBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zm3nTF3gE7h8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;194.2&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zgBl7pMBnfQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(162.0)</span></td>
    <td id="xdx_986_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zOUTjLFDfbX3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.7)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zuKWldIFg9Gk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;132.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDji3vjPTCS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zt33aeYx9Qo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.5)</span></td>
    <td id="xdx_985_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDXq4kUTLdX4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;312.7&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zOZYYckCqgWi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z2DJV6yvpag6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.1)</span></td>
    <td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z6WDOH8f9SO" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;60.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z4IJ6vNAqgeg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.2)</span></td>
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    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zl92MXPro4ni" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7usezmWIRr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zfvI0tbFbtS4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(30.2)</b></span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqWQb2wXUDXk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;724.6&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zQJxGrai3Zs5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(451.6)</b></span></td>
    <td id="xdx_98B_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zAcM7I2ITth3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(93.6)</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zLbD5amy6Cg7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;907.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
    <td id="xdx_983_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z1gSGVk5BeDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.4&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrTHSIsUUPb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.0)</span></td>
    <td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z7KRyexYDLo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5963">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrEorFTmd0X9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.6)</span></td>
    <td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z3KGcFoTDLC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5967">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z8HiIo7ksWm" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provisions</b></span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231_zyCpc8Tuqy3a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;776.1&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231_zMtuGd9pNhga" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(32.2)</b></span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231_zp9aKeFBjLQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;724.6&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231_zok5AXTPJVti" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(455.2)</b></span></td>
    <td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231_zAe2GtRiUP2b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(93.6)</b></span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231_zKBOnsBw72kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;919.7&#160;</b></span></td></tr>
  </table>

<p id="xdx_8A7_zVNBSVZPuEwh" style="margin-top: 0; margin-bottom: 0">&#160;</p>




<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td><span style="font-size: 12pt"><b>Expected settlement</b></span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock_pn5n6_z3VKcKJ7Q1t7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Disbursement Expectative (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_z2mfOLGVyAxb" style="display: none">Schedule of expected settlement</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 41%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current</b></span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Provision for disputes and litigation</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Taxes on sales</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_z2PWFjk7vIKd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;193.8&#160;</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zFJSW7nZUQk2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;53.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zYTgxSFdjExl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;163.2&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRGnQanb2571" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;55.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Labor</span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zIHkG04SnWt3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;104.9&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<p id="xdx_8AE_zUMvzMQdw09e" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The expected settlement of provisions was based
on management&#8217;s best estimate at the balance sheet date.</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(c)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Main lawsuits with a probable likelihood of loss:</b></span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(c.1) Sales taxes</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In Brazil, the Company and its subsidiaries are parties
to various administrative and judicial proceedings related to ICMS, IPI, PIS and COFINS taxes, considered as probable likelihood of loss.
Such proceedings include, among others, tax offsetting, appropriation of tax credits and alleged insufficient payment of the respective
taxes.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>(c.2) Labor</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries are parties to labor
proceedings with former employees or former employees of service providers. The main issues involve overtime and related effects and respective
charges.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>(c.3) Civil</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries are involved in civil
lawsuits considered as representing a probable likelihood of loss. The most relevant portion of these lawsuits refers to former distributors,
mainly in Brazil, mostly claiming damages resulting from the termination of their contracts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The processes representing possible probabilities are disclosed
in Note 30 <i>- <span style="color: black">Contingencies</span></i>.</p>








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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450568256">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsAndRisksAbstract', window );"><strong>Financial Instruments And Risks</strong></a></td>
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  <td style="width: 3%"><span style="font-size: 12pt"><b>28.</b></span><b/></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_033"/><span id="xdx_82E_zu4uHX5PusUh">FINANCIAL INSTRUMENTS AND RISKS</span></b></span></td></tr>
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<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Risk factors</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The Company is exposed to foreign currency, interest
rate, commodity price, liquidity and credit risk in the ordinary course of its business. The Company analyzes each of these risks both
individually and on a consolidated basis, to define strategies to manage the economic impact on risk&#8217;s performance consistent with
its Financial Risk Management Policy (the &#8220;Policy&#8221;).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s use of derivatives strictly follows
the Financial Risk Management Policy approved by the Board of Directors. The policy is intended to provide guidelines for the management
of the financial risks inherent to the capital markets in which Ambev operates. The policy includes four main aspects: (i) capital structure;
financing and liquidity; (ii) transactional risks related to the business; (iii) financial statement translation risk; and (iv) credit
risks of financial counterparties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The policy establishes that all the financial assets
and liabilities in each country in which Ambev operates must be denominated in their respective local currencies. The policy also sets
out the procedures and controls required to identify, measure and minimize market risks, such as variations in foreign exchange rates,
interest rates and commodities (mainly aluminum, wheat, corn and sugar) that may affect Ambev&#8217;s revenue, costs and/or investment
amounts. The policy states that all of the known risks (e.g. foreign currency and interest) shall be hedged by contracting derivative
financial instruments. Existing risks which are not yet recorded (e.g. future contracts for the purchase of raw materials or property,
plant and equipment) shall be mitigated using projections for the period required for the Company to adapt to the new costs scenario,
which may vary from ten to fourteen months, also through the use of derivative financial instruments. Most translation risks are not hedged.
The exceptions to the policy must be approved by the Operations and Finance Committee (&#8220;COF&#8221; &#8211; previously addressed
by Operations, Finance and Compensation Committee, changed, and approved by the Board of Directors at a meeting on October 14, 2022).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Derivative financial instruments</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The derivative financial instruments authorized under
the Financial Risk Management Policy include futures contracts traded on exchanges, full deliverable forwards, non-deliverable forwards,
swaps and options. At December 31, 2022, the Company and its subsidiaries had no target forwards, swaps with currency verification, or
any other derivative transactions representing a risk level above the nominal value of the contracts. The derivative operations are managed
on a consolidated basis and classified based on the strategy according to their purposes, as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">i) Cash flow hedge derivative instruments - Highly probable
forecast transactions contracted to minimize the Company's exposure to fluctuations in exchange rates and the prices of raw materials,
investments, equipment and services to be procured, protected by cash flow hedges that shall occur at various different dates over the
next fourteen months. Gains and losses classified as hedging reserves in equity are recognized in the income statement in the period or
periods during which the forecast and hedged transaction affects the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">ii) Fair value hedge derivative instruments - operations contracted
for the purpose of mitigating the Company&#8217;s net indebtedness against foreign exchange and interest rate risk. Net cash positions
and foreign currency debts are continually assessed to identify new indications of exposure.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The results of these operations, measured according to their
fair value, are recognized in financial results.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">iii) Net investment hedge derivative instruments - transactions
entered into to minimize the exposure to exchange differences arising from the conversion of net investments in the Company's subsidiaries
located abroad for the purpose of translating the account balance. The effective portion of the hedge is allocated to equity, while the
ineffective portion is recorded directly in the financial income statement when identified.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In accordance with the hedge accounting, the effective hedge
amount is recorded in equity and, in the event of an ineffective portion this result is recorded immediately in finance result during
the period ineffectiveness was identified, for cash flow hedge and net investment hedge.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The following tables summarize the exposure identified and
protected in accordance with the Company's Risk Policy.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Non-derivative financial instruments</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Put options granted on subsidiaries: the Company constituted
a liability related to the acquisition of a non-controlling interest of the operations in the Dominican Republic. This financial instrument
is denominated in US Dollars (Tranche A) and Dominican Pesos (Tranche B) and is recorded by an entity, whose functional currency is the
Real. The</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Company assigned this financial instrument as a hedging instrument
for a portion of its net assets located in subsidiaries whose functional currency is the US Dollar and the Dominican Peso, in such a manner
that the hedge result can be recorded in other comprehensive income of the group, following the result of the hedged item.</p>




<p style="font: 9pt Times New Roman,serif; margin: 0"><b>Transactions protected by derivative financial instruments in accordance with
the Financial Risk Management Policy</b></p>

<p style="font: 9pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_pn5n6_zFWPhtyaaLZe" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Transactions Protected by Derivative Financial Instruments (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_z9nDk3fXWtJd" style="display: none">Schedule of financial risk management</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
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  <tr>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gain / (Losses)</b></span></td></tr>
  <tr>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liability</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Finance Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Operational Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Equity</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTNSAsZgSmQa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,853.3&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zGqDtANyhjpj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;271.8&#160;</b></span></td>
    <td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z4JvA08YdtZ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(719.4)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z0mHP9NEeR2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,075.2)</b></span></td>
    <td id="xdx_98B_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zbhTDq9UGsr8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;452.7&#160;</b></span></td>
    <td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z7bzMvTrIGGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;134.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities</i></span></td>
    <td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zDcWPpIwGuJc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,809.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z8JQukPEqAjh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;100.8&#160;</span></td>
    <td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zgUuxo2Z8xZg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(376.0)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwJF5Z8DwUrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;63.5&#160;</span></td>
    <td id="xdx_982_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zxWllh6K1aB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(32.3)</span></td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zmcb4TRe1lwf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(475.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWoyWQ52Ydo2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z9FPgCOemcsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;157.7&#160;</span></td>
    <td id="xdx_986_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zM5sgOCNQ9C4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(342.9)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zUAH07dpF6hd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,139.2)</span></td>
    <td id="xdx_981_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zhHGfQaxb6Tg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;477.1&#160;</span></td>
    <td id="xdx_989_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zrGRKk2F10jg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;596.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
    <td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zg8EMKfSdax6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOGjj2DpLD1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td>
    <td id="xdx_989_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zVpHOZQzPe1f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6086">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkrDzuMFQx96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmhgm59fctZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.4&#160;</span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zgdBXbhfHtid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.5)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zWqd0NiWW1B8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td>
    <td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zGLmhqNbfGgi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;8.2&#160;</span></td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zxkWsAGkgeii" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_z3GM9hfrUhfa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;226.8&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zONCWsN38yZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZ5CZ06oeCua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5.4)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zps65X4oZPS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5.9)</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWK5dVtFvJ8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.9&#160;</b></span></td>
    <td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zGhRfBWYwue9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(13.0)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_98C_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zWJMAK9yQ8O4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zjjBvLFi3WEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id="xdx_988_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZBYOZEEG2xc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zVbihOlny676" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.9)</span></td>
    <td id="xdx_980_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zgFaZOkLZYU6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.9&#160;</span></td>
    <td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZaXnsGh9Vx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(13.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zX0Lb8ODCXL1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zpGg9DwKd7xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.5&#160;</b></span></td>
    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1V3ROCci8x6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.6)&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98D_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoqmEaKPVEn4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(42.5)</b></span></td>
    <td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1IBhsJ0wR8b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9.1&#160;</b></span></td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zA9UoXzIup0j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(14.8)&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zyeFQE2q0EQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zhd2OnGsiJQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zEZciaYhfJN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQHb15Ltx5ua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(42.5)</span></td>
    <td id="xdx_983_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPe9z8gYeiMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;9.1&#160;</span></td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zA1nboIyxcW6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(14.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cash</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CashUMember_zDjdmfZCJoLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(17.1)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsCashMember_za20zPz3TNU4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.1)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>As at December 31, 2022</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td id="xdx_98E_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zUJzaunwqGi3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,285.0&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z0t72ZXv6vjd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;273.8&#160;</b></span></td>
    <td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zbkx19jPkCdc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(729.4)&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>- </b></span></td>
    <td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zRDyTTvzVyBd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,140.7)</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zljD8mCBa9wc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;466.7&#160;</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z3JWiPTAlkq9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;106.5&#160;</b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>







<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gain / (Losses)</b></span></td></tr>
  <tr>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liability</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Finance Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Operational Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Equity</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z3SjBbQpmCJe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;18,911.7&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zsHmeoIvkKhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;597.4&#160;</b></span></td>
    <td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zlbW3C2C97tl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(421.1)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zAfiNvS290dj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,113.5)</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z6Moz0GIWRVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,710.2&#160;</b></span></td>
    <td id="xdx_98D_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zx3C1dSUpiQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,277.4&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities</i></span></td>
    <td id="xdx_988_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zOcXzELfWOY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,179.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_znzb8CiUciy2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;455.3&#160;</span></td>
    <td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zojTE3C0NGA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(41.2)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zzItRoPaQtf4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(126.8)</span></td>
    <td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z3fhcyYHTt01" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,168.1&#160;</span></td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zc5Q86g0jU52" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;684.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOO7rZsqGff2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,516.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_znOYPTVyIC6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.2&#160;</span></td>
    <td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zS649DEPx0t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(378.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zMZ0dZsxwXG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,970.7)&#160;</span></td>
    <td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zPPFOnBm8eb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;541.8&#160;</span></td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zTe3AqA6r0K" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,792.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
    <td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOcgjDYkEL4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;31.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zhC3bWBg58Vl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6208">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zHLbobc7lSBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.8)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zqHT5uM9Xslf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td>
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    <td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTHIJviaObsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.9)&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
    <td id="xdx_989_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z48ssLMLnBM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;183.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zeak9OtzPqSl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.9&#160;</span></td>
    <td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z4BXJflsuSB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.7)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_985_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zskGRKBwq5Q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.9)</span></td>
    <td id="xdx_98A_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zkDPLoxQF36j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.2)</span></td>
    <td id="xdx_98B_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze3nZTmxwzSb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(198.1)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed Assets</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_ziMgSl3R1Ysj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,111.4&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zYgFndU1rzC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.1&#160;</b></span></td>
    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZIRZsFZewM1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(53.3)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zx8bOXkw3JM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(368.8)</b></span></td>
    <td id="xdx_985_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zcI5Of0qdQD1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;105.3&#160;</b></span></td>
    <td id="xdx_985_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zjkT8K9FCxS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;103.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zXqw3vvFWOea" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,111.4&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zsWdB6SbOKhe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.1&#160;</span></td>
    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zX1dxhJUAXk6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(53.3)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMl33Be1rFRk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(368.8)</span></td>
    <td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMzpGEoHkxG4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;105.3&#160;</span></td>
    <td id="xdx_98A_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_za52xBbtJ142" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;103.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zIlc50YrVYeh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;365.8&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98D_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYCXdNtyEaAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.5&#160;</b></span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8xdxwaSOOac" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(18.1)&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zxQOOmbhP48h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(124.5)</b></span></td>
    <td id="xdx_98E_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z026n1HTnO7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;36.9&#160;</b></span></td>
    <td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zG3MXB9jIcql" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;192.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zaMNnZCAszG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;365.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zldAr89unauj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zNQWDiJeSxgd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(18.1)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zdt577QmvTM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(124.5)</span></td>
    <td id="xdx_987_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z4XL9mXQ68N9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;36.9&#160;</span></td>
    <td id="xdx_98E_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zO9o5iunVaE7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Equity Instrument</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalEquityExposureMember_zYXlyA2Z070a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;78.0&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Stock exchange prices</span></td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98E_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--StockExchangePricesRiskPortionOfEquityExposureMember_zF5Nec2Rols1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.0&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>As at December 31, 2021</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zsu1OzcQHQHd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,388.9&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_985_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zkDuEe5ADRPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;599.0&#160;</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zcBZJq4lwWS3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,528.8)</b></span></td>
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    <td id="xdx_98E_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zZqif8itRoY1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,573.5&#160;</b></span></td></tr>
  </table>
<p id="xdx_8AD_zK5Fkj9Dg9mb" style="font: 9pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>





<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 7.1pt"/><td style="width: 14.2pt"><span style="font-size: 12pt"><b>I.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Market risk</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>a.1) Foreign currency risk</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company is exposed to foreign currency risk on borrowings,
investments, purchases, dividends and/or interest expenses/income where these are denominated in a currency other than the functional
currency of the subsidiary. The main derivative financial instruments used to manage foreign currency risk are futures contracts, swaps,
options, non-deliverable forwards and full deliverable forwards.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>a.2) Commodity Risk</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A significant portion of the Company&#8217;s inputs
is made up of commodities, which have historically experienced substantial price fluctuations. The Company therefore uses both fixed-price
purchasing contracts and derivative financial instruments to minimize its exposure to volatility in the commodity prices of aluminum,
sugar, wheat, corn and paraxylene. These derivative financial instruments have been designated as cash flow hedges.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>a.3) Interest rate risk</i></b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies a dynamic interest rate hedging approach,
whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of the Company&#8217;s policy is to
achieve an optimal balance between the cost of funding and the volatility of financial results, considering market conditions, as well
as the Company&#8217;s overall business strategy, which is reviewed periodically.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The table below demonstrates the Company and its subsidiaries
are exposure related to debts. In 2022, the Company and its subsidiaries do not hold hedge positions to the exposure described below:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_pn5n6_zWaL2QIvZK04" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Interest Rate Hedging (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zWxEX6Ykk3o8" style="display: none">Schedule of detailed information about hedging instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Interest rate</b></span></td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Amount&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_986_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zFszv0a8q1a6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">8.5%</span></td>
    <td id="xdx_983_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zqwgVRoSFz9b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;230.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Post fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zIuNNAsTzc41" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;230.1&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_987_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zksscSafiYBe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">8.5%</span></td>
    <td id="xdx_986_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z4imQUpwgmf7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,602.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Working Capital in Argentinean Peso&#160;</span></td>
    <td id="xdx_984_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zdtN3tZ26B2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">73.5%</span></td>
    <td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_z4XQpkT7xIK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;74.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other</span></td>
    <td id="xdx_98D_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zGJZGu9DUzZ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">10.4%</span></td>
    <td id="xdx_989_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_ze9tI0gXPB6i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;421.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zvI5HrFNB62a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">14.0%</span></td>
    <td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zulFw2g0Tdhd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollars</span></td>
    <td id="xdx_981_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_z7thYLiU5EWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.3%</span></td>
    <td id="xdx_98D_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zvlTBLZtFIDj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;511.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Pre-fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zZRqbJYgIFBi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,614.9&#160;</b></span></td></tr>
  </table>





<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Interest rate</b></span></td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Amount&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_98A_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zGhgm9vfBUEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">11.6%</span></td>
    <td id="xdx_984_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z1pqGiu5Uhx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;83.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Post fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zhiiAQ4mZHVf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;83.0&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_98A_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zWRiaSpgu5si" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">7.2%</span></td>
    <td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zxm7NFX3LTL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,343.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Working capital in Argentinean Peso&#160;</span></td>
    <td id="xdx_985_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zsOacJyfumU" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">34.7%</span></td>
    <td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zVuQ6mGCvoQ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;30.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other</span></td>
    <td id="xdx_982_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zIJtNATAjqe1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">11.3%</span></td>
    <td id="xdx_985_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_z7YB9U37X5G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zVW1rDQfXHN3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">13.1%</span></td>
    <td id="xdx_984_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zpULB6g95raj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollars</span></td>
    <td id="xdx_988_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zI25FGC907l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.5%</span></td>
    <td id="xdx_98C_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zcenJrZv39f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;430.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Pre-fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zHToAdBdptK8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,048.1&#160;</b></span></td></tr>
  </table>
<p id="xdx_8AA_z9MhqIpWhCVe" style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Sensitivity analysis</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company substantially mitigates the risks arising from
non-derivative financial assets and liabilities, through the use of derivative financial instruments. In this context, the Company has
identified the main risk factors that could generate losses from these derivative financial instruments, and has developed a sensitivity
analysis based on three scenarios, which may impact the Company&#8217;s future results and/or cash flow, as described below:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">1 - Probable scenario: Management&#8217;s expectations
regarding the deterioration of each transaction&#8217;s main risk factor. To measure the possible effects on the results of derivative
transactions, the Company uses the parametric Value at Risk (&#8220;VaR&#8221;), a statistical measure developed based on estimates of
standard deviation and correlation between the returns of several risk factors. This model gives the loss limit expected for an asset
over a certain time period and confidence interval. Under this methodology, the potential exposure of each financial instrument, a range
of <span id="xdx_90B_ecustom--ValueAtRiskExposureProbable_pip0_dp_c20220101__20221231_zbbtcI08g9c" title="Value at risk exposure, probable">95</span>% and a horizon of 21 days from December 31, 2022 were used for the calculation, which are presented in the model.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">2 - Adverse scenario: <span id="xdx_90C_ecustom--ValueAtRiskAdverseScenarioDeteriorationPercentage_pip0_dp_c20220101__20221231_ztJpCAJqO2ul" title="Value at risk, adverse scenario, deterioration percentage">25</span>% deterioration in each transaction&#8217;s main risk factor
compared to the level observed as at December 31, 2022.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">3 - Remote scenario: <span id="xdx_909_ecustom--ValueAtRiskRemoteScenarioDeteriorationPercentage_pip0_dp_c20220101__20221231_znsK3mO4m5Qe" title="Value at risk, remote scenario, deterioration percentage">50</span>% deterioration in each transaction&#8217;s
main risk factor compared to the level observed as at December 31, 2022.</p>





<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--SensitivityAnalysisForEachTypeOfMarketRisk_pn5n6_zph71ClX422c" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Sensitivity Analysis of Financial Instruments (Details)">
  <tr>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zrC02Dg0EXa2" style="display: none">Schedule of types of market risk</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr>
    <td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Transaction</b></span></td>
    <td style="width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Probable scenario</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Adverse scenario</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Remote<br/>
scenario</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Decrease in commodities price</span></td>
    <td id="xdx_98D_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(275.2)</span></td>
    <td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(466.3)</span></td>
    <td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,477.8)</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,680.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Input purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;275.2&#160;</span></td>
    <td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;466.3&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,477.8&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,680.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_98A_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(172.4)</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(425.5)</span></td>
    <td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,933.1)</span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7,694.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Input purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;172.4&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;425.5&#160;</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,933.1&#160;</span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,694.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zw8lfcAvmzX2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zimjy8paudX" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTmSDi8ZgTE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8lWUcx8ufbi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_985_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.2)</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(60.6)</span></td>
    <td id="xdx_98D_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(117.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capex Purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.9&#160;</span></td>
    <td id="xdx_98F_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.2&#160;</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;60.6&#160;</span></td>
    <td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;117.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed asset effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zD0P4HLcOlm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedges and transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6416">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zzfj2t5Mp15g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6418">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zJ2iecuMD7xa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6420">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zo4b252fzKCb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6422">-</span>&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(55.3)</span></td>
    <td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(106.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Expenses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.1&#160;</span></td>
    <td id="xdx_98A_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.1&#160;</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;55.3&#160;</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;106.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expense effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8Lk0ibciT69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6440">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8KeAo9w9Nxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6442">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zDdcNC2ZHI84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6444">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_pn6n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6446">-</span>&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">As at December 31, 2022 the Notional and Fair Value amounts per instrument
and maturity were as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock_pn5n6_z8kcvW8iaGcc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B2_zz0B17u5Kh8l" style="display: none">Schedule of Notional and fair value amounts per instrument
and maturity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zoUjWfmnTznd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,758.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zahlH2hygby5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;95.2&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zQzqTVZ9tV0k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6454">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zRppBvwwZnQ9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6456">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z5YnQ3j17wLg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6458">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zF7xAiOx8mb6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,853.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Commodities&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zCFykrVkJ84a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,714.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zaUI9wGC5NOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;95.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zyWDwhwGYF1a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6466">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z5SFk7cOGDR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6468">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zEUXR9sr0rDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6470">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuGOmLnW4Hk9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,809.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zFj000DbuaDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWbJRNOVUCu3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6476">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziApHL8rWbke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6478">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zeXk2JmChcG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6480">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zB1xTmdqvdKb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6482">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4PW1SdNJsC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Euros</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zZmsTb0LRRC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zvXvsnZr95ag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6488">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_z6yHibdHBGtc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6490">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zIrXqFISX6m1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6492">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zRIW6xDpLVc6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6494">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zEIxcmo8ooZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Mexican Pesos&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z2FF0c2Lr2R9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.5&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zVlKKntcRAb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6500">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zV3XMFqDg4Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6502">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zof9FbNE0OU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6504">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zP7q3s66dfL6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6506">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zaiqOM0yQ45l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed assets</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zK6pyjN4Ytne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;226.8&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zORqAaj7OtLb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6512">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zLgO2Q1ybDZc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6514">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhlxcbt6nTIk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6516">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWsyx9zAGvrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6518">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zqu5EaGUOeHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;226.8&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zcvXlJXmjuZ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_z1aWhC7fA576" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6524">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zC6vOXl4wNhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6526">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zB8Nw3M8zXp5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6528">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zhqWPrqCCJBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6530">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zHwefR5GwVd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYUKFQ0qiB1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zwSCTiNOILa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6536">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zyB9CJYQW0wh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6538">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zcPDaZFWt0Xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6540">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zqd2cQgfUcF3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6542">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z4ZqZybFL298" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zel6VzgsoKp" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPeSiFz80sr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6548">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQCrvOQvoDP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6550">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z03q2ewHZpS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6552">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zmRDBmxRzU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6554">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuoCc6pxjUlk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zHsc0GN9uGqb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,189.8&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zKfqLtZXgLr5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;95.2&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zAsoEtJuy9Ka" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6562">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zDKeESQAViT" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6564">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zy1Vf0FUTS71" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6566">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zb6cpFQupLAf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,285.0&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Costs</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDn1omh75Rc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(449.1)</b></span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDZlp09Okdu5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8ea7hqw9493" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6574">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zPqzoHA3Kz98" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6576">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zgAdugmLdDcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6578">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zOpI7YydsYxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(447.6)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Commodities</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_ziJD80f9Zpp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(276.7)</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVSP6MnBru26" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zD8pPCT9eyDe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6586">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwGRQ9D0XeP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6588">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVuU1w6e7TIh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6590">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuqwcjoVKdK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(275.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zQd0S1GVqTod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(185.2)</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zfxRdAE8kPgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6596">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOBsy8DpWAY1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6598">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziWw3lgTxC5j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6600">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4ao1Ktzr3ud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6602">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zKtFgYctEibd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(185.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTUUjhVIYMn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zG6ujqeqdy9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6608">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKONNbS0UKv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6610">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zBBmL05POU93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6612">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zL3792DDwsYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6614">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zWt2ibBFN9Kh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z9FTfzniAIc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.9&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze6Bj3lp1mU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6620">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zfwz20lTDnd2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6622">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmK5PRIaIEWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6624">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zd4LYVMjTV77" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6626">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zG8s6dZTXGd9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed assets</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zkh45Qm9MYP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.9)</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zsOMQ3iDaV2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6632">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zrctLzvSJTa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6634">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhbnOuN3wArg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6636">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zvk1CC67HDWi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6638">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zVwJi9sq7cAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.9)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlvJ2RQkSwd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zaMuhKUOVO7f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6644">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlzhdOvqmcRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6646">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zpkxIlopQdl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6648">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zxqMyZ4C8wde" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6650">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zFIFucuZPW84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoMLKtEJ4942" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.1)</b></span></td>
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    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zgAAYmso0EU7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6658">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYKTwcJoCIL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6660">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zFz7FwEStwK5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6662">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zR4f8zY1sOxl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.1)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zXLceOAvD9f2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td>
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    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zWXCzplnzl62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6670">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zELiGMiIB4fl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6672">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuniDPiV9jih" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6674">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zd8q4jioJ7qg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_ztq39ekB8FEf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(457.1)</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zNQylyRLMEol" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zSS0svek7aT5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6682">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zwJ20GxJq9yj" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6684">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zs2o28qlcO73" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6686">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zmKhnyqnX7C9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(455.6)</b></span></td></tr>
  </table>

<p id="xdx_8A0_zLnAg9eGgcl4" style="margin-top: 0; margin-bottom: 0">&#160;</p>




<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 14.2pt"/><td style="width: 7.1pt"><span style="font-size: 12pt"><b>II.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Credit Risk</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b><i>Concentration of counterparty credit risk</i></b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">A substantial portion of the Company&#8217;s sales
is made to distributors, supermarkets and retailers, through a broad distribution network. Credit risk is reduced due to the large number
of customers and control procedures used to monitor risk. Historically, the Company has not incurred significant losses on receivables
from customers.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b><i>Concentration of counterparty credit risk </i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In order to minimize the credit risk of its investments,
the Company has adopted procedures for the allocation of cash and investments, taking into consideration the credit limits and credit
analysis of financial institutions, avoiding credit concentration, i.e. the credit risk is monitored and minimized by restricting negotiations
to a select group of highly rated counterparties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The selection process for financial institutions authorized
to operate as counterparties of the Company is set forth in the Credit Risk Policy, which also establishes exposure limits for each counterparty
based on each counterparty's risk rating and capitalization.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Any deposits or cash available, must be kept in
accounts with top tier banks, or banks with a high credit rating in the respective country. Any position of a short-term nature (less
than six months) should be considered as a deposit or cash.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Counterparty risk must be managed by the Company
globally, with product limits established by the treasury area, considering: (i) the counterparty&#8217;s credit rating (ii) the transaction
term (iii) the amount; and (iv) the split between assets and liabilities, in the absence of a clearing clause in derivative contracts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The counterparty risk is reassessed on a quarterly
basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The carrying amounts of cash and cash equivalents, investment
securities, trade receivables excluding prepaid expenses, recoverable taxes and derivative financial instruments are disclosed net of
provisions for impairment, and represent the maximum exposure to credit risk as at December 31, 2022. As at December 31, 2022, there was
no concentration of credit risk on any counterparties in excess of the limits established by the Company's risk policy.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 14.2pt"/><td style="width: 7.1pt"><span style="font-size: 12pt"><b>III.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Liquidity Risk</b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Historically, the Company&#8217;s primary sources of
cash flow have been cash flow from operating activities, the issuance of debt, bank borrowings and equity securities. Ambev&#8217;s material
cash requirements have included the following:</p>

<p style="font: 6pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Debt servicing;</span></td></tr>
</table>





<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Capital expenditure;</span></td></tr>
</table>


<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Investments in companies;</span></td></tr>
</table>


<table cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-top: 0; margin-bottom: 6pt"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td><td style="text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 12pt">Increases in the ownership of Ambev&#8217;s
subsidiaries or companies in which it holds equity investments;</span></td></tr></table>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Share buyback programs; and</span></td></tr>
</table>


<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 3%"><span style="font-family: Symbol; font-size: 10pt">&#183;</span></td>
  <td style="text-align: justify; width: 97%"><span style="font-family: Times New Roman,serif; font-size: 12pt">Payments of dividends and interest on shareholders&#8217; equity.</span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company believes that cash flows from operating activities,
cash and cash equivalents and short-term investments, together with derivatives and access to loan facilities are sufficient to finance
capital expenditures, financial liabilities and dividend payments in the future.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfTermsAndDebtRepaymentsTextBlock_pn5n6_zWrvsWJfNMA8" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Terms and Debt Repayment Schedule (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BF_zDo4dLM9vlUc" style="display: none">Schedule of terms and debt repayments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Contractual cash flows</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Less than 1 year</b></span></td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>1-2 years</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2-3 years</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>3-5 years</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>More than 5 years</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade and other payables (i)</span></td>
    <td id="xdx_981_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zHi2LI128CZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;39,354.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_z6u81wpeneT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;40,656.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zXSY5xvvMwb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;36,818.5&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zh8Ep2fhzcy4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;86.8&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_zNuWB6zIWOpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,275.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zIeNVetbubRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,008.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zh8p10cjnXu9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,467.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Secured bank loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zHxaTnqKF2jj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;180.8&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zkFGjD60vIvf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;245.7&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z6dT64d0DaW4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;68.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zrrvEr2hTpN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.4&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z1hGy2pEPsVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;25.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zar2ah2BJPG6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zT6pMEp7mhyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;75.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other unsecured loans</span></td>
    <td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zYHjJDwaujAl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;472.5&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zVPrXnO3OMag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;759.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAhUYsWran19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;169.9&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zDyClbGcv7t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;156.7&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zHRKnhyRTnk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;151.6&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zE80EXEsvowe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;165.4&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zyKQRisdPBzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;115.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Lease liabilities&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_ziJK9Z5sKyZ2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,117.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zWPWHERh6rfh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,657.4&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRe96PFjya74" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;962.9&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zBY3VDBtXyah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,008.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zONBn5SfADq2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;621.0&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zK7pklR5Kcu" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;696.9&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z4MuaeS45Ioa" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;368.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20221231_z8IrAMxnblEb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;43,125.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231_ztUQ8ApoT8Kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;45,318.6&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRKTPhZHeaIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;38,019.5&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zLasnJBeNpGh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,278.3&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_ztVeJFixL5Jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,072.9&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zqOt1n0QfRca" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,921.1&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z72gfbjQ0N14" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,026.8&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zU7r1PC25mA8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F18_zMyTTxyZcBea" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Contractual cash flows</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Less than 1 year</b></span></td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>1-2 years</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2-3 years</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>3-5 years</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>More than 5 years</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade and other payables (i)</span></td>
    <td id="xdx_987_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zU3VhTAu9gLe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;38,976.2&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zur7M7WAavH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;40,186.2&#160;</span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zlFTS0lmI1n7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34,690.6&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zb4HT6LS95y9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,279.7&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_z1kxmoGLvOd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,248.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zgbico1h9IB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;327.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zbtdEdYYpzg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,639.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Secured bank loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_z1XVOW6FN1ek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;247.0&#160;</span></td>
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    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAuONYnX52H7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;88.9&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zuscfgvDTHz4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;61.7&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zQKDbQBtPR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zYLib6L7Cufi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.4&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zVYGhiit44t" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;100.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Unsecured bank loans</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zhWMQe20Soa6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;84.1&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zQhIenq2ST38" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;84.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNl04Yup9kPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;84.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zoBQvWWVKZ2i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6797">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z0kk9Xw27qx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6799">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zA1OWr81Anzk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6801">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z5eAwm3YBJw1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6803">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other unsecured loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zO8ndabgbDj2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;130.1&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zSucYiGNrhTk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;234.7&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z8g5gjIsTYsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;46.5&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zYZnhXqeOLw6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;48.2&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zMZSK4CO6Ggd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;29.1&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zGOBFJiCRNSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;20.7&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z8HKIb9OP23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;90.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Lease liabilities&#160;</span></td>
    <td id="xdx_989_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zQ4j5cbeBaJ5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,639.3&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zlCIiuPAUJf9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,070.9&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z8XUihiBtP1i" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;788.5&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zSQHScZzTP1d" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;756.1&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zBpO6suNKyYc" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;550.7&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zJteQh6h5b3f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;422.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zSTeqJRt92Ic" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;553.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--Borrowings_iI_pn5n6_c20211231_z4lY7bfOrMp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;42,076.7&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231_z3WWu0ZNwwj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;43,904.0&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zkkgbU4FXMIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;35,698.6&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zEBBvsMsOreb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,145.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zl4NVZDiXu13" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,855.0&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zaXWTfRWGtij" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;820.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zmRgnjhdka21" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,384.0&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F02_z5vvHKjPbiJ3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1A_zgWmDfoyXFvd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</td></tr>
</table>


<p id="xdx_8AC_zgv8cyfIMlu2" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Equity price risk</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Through the equity swap transactions approved on May
13, 2020 and December 9, 2020 by the Board of Directors of Ambev (see Note 1 - <i>Corporate information</i>), the Company, or its subsidiaries,
will receive price variations related to its shares traded on the stock exchange, or on its ADRs, thus neutralizing the possible effects
of stock price fluctuations on the share-based payments made by the Company. As these derivative instruments are not eligible for hedge
accounting, they were not therefore allocated to any hedging arrangements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">On December 31, 2022, the Company did not have any
equity swap positions (on December 31, 2021 equity swap operations resulted in a gain of R$<span id="xdx_90F_eifrs-full--GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_pn5n6_c20220101__20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--EquitySwapTransactionMember_zUW3OxT4e3ll" title="Total gains (losses) on financial assets at fair value through profit or loss">78.0</span>).</p>





<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 14.2pt"/><td style="width: 7.1pt"><span style="font-size: 12pt"><b>IV.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Capital management</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company is continuously optimizing its capital structure
in order to maximize shareholder value while maintaining the desired financial flexibility to execute its strategic projects. Besides
the statutory minimum equity funding requirements applicable to the Company&#8217;s subsidiaries in different countries, the Company is
not subject to any externally imposed capital requirements. When analyzing the capital structure, the Company uses the same debt ratings
and capital classifications applied to the financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Financial instruments</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>(a) Financial instruments categories</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 36pt; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The financial instruments held by the Company are managed
through operational strategies and internal controls to assure liquidity, profitability, and transaction security. Transactions involving
financial instruments are regularly reviewed to assess the effectiveness of the risk exposure that management intends to cover (foreign
exchange, and interest rate, among others).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The table below shows all of the consolidated financial
instruments recognized in the financial statements, segregated by category:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89A_eifrs-full--DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_pn5n6_zPSFmM9ffA6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Consolidated Financial Instrument (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_z6KJ30662FE" style="display: none">Schedule of consolidated financial
instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortized cost</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value through profit or loss</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial assets</b></span></td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash and cash equivalents less bank overdrafts</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zo2O5YhCPyqb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,852.1&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zzUcjTGST4S5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6854">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z0tPkQ1cnJua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,852.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables excluding prepaid expenses&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zAHmMG9KflA5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,791.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_znfI5rBtBFAi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6860">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zNWnN1rddAs7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,791.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z0c6efVuDvO" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;219.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z8Z3gMGXd8xk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;454.5&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zsP4N5Ct8nc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;673.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_pn6n5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6870">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zQs2G41Kec03" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.8&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zBrsx2vkdkif" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_z4zv3XUtsXJh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;22,862.6&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zOleVAbmFc8i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;728.3&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20221231_z4bczyr3B2Fb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;23,590.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_z1M07AQcB9m9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;24,837.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zoIrdPKwsgld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;24,837.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Put options granted on subsidiaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zhNiWJaextSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,060.3&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_ztQrvWCbHwzl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,060.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_z0nKmLUXJr4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;729.4&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zMzLjxw3lSb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;729.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowing</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zNosUjKSwGZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,770.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_z8ltolsppQBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,770.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other liabilities</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZqwtfVRKlx6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,015.6&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zvZGtik0KQF3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;333.7&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zFUfUak6RhI6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,349.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zbPKVO2wA1o7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;30,624.2&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_z2uJvLSJyyF4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,123.4&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231_zFfIYCnsv0X3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;34,747.6&#160;</b></span></td></tr>
  </table>





<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortized cost</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value through profit or loss</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial assets</b></span></td>
    <td colspan="3" style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash and cash equivalents less bank overdrafts</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zZhiFkX1eyN9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16,597.2&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zdeEl9ovcD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6912">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z4PvLJIHRJhb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16,597.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables excluding prepaid expenses&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zZG5y14e3ai2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,084.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z6vwGe3l8XPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6918">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z9qvexCcZ6M5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,084.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zovDtB9Zg5Z3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.9&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z9BawY2FJNm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,914.6&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zoBSvC2zoFel" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,107.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zk9CYxQ9EMg1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6928">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zIcEmGVGnb49" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;599.0&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_z406EQUQP3I3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;599.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_zKZYd3OtA3Zh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;23,874.8&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zuCyjVOpJ5Fa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,513.6&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231_zbcNJJpZvNO4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;26,388.4&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zf64vjYBbiCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">25,695.0</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zWQ5SYRGoLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">25,695.0</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Put options granted on subsidiaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zF4Ugf6EfZH3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,291.4</span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zQGoBQsXZEsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,291.4</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_988_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zTM6htSQ78Z9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">492.5</span></td>
    <td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zFm9BBosMo54" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">492.5</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowing</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zSEwRRFHzrJ4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,100.6</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zIJ1DjzqjGwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,100.6</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other liabilities</span></td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZ4AJ1VEIOSd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">2,263.7</span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zn6QkO9gIT8k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">194.7</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zGevWrgYVJ83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">2,458.4</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zNmSwaUDaBOg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>31,059.3</b></span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_zrXYxGi0Dw4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>3,978.6</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231_zytjIUftMKH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>35,037.9</b></span></td></tr>
  </table>
<p id="xdx_8A6_z2Osf69DZAJ5" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>(b) Classification of financial instruments by type of fair value measurement</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">IFRS 13 defines the fair value as the price that would
be received for the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement
date.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Pursuant to IFRS 13, financial instruments measured at
fair value shall be classified within the following categories<span style="background-color: white">:</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Level 1 - quoted
prices (unadjusted) in active markets available to the entity for identical assets or liabilities as at the valuation date;</span></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><span style="background-color: white">Level 2 - inputs other than quoted prices
included within Level 1 that are observable for the asset or liability, either directly or indirectly; and</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Level 3 - inputs
which are not observable for the asset or liability.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock_pn5n6_zLiruAg0dR45" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Fair Value Hierarchy (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_zmPnZQQARLbi" style="display: none">Schedule of fair value measurement</span></td>
    <td id="xdx_493_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zowJmDGyt9K5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zwrNyf9OVvjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49A_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkSfda33qYGd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20221231_zefytfbl5Pse" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zAEmGWNxa4b5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zmhJ721RS0H2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_492_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zFcIVeDzaXd5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_491_20211231_zp6vZZeL2u75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 1</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 2</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 3</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 1</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 2</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 3</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><span style="text-decoration: underline">Financial assets</span></b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--FinancialAssetsAtFairValueThroughProfitOrLoss_iI_pn5n6_maFAAFVzkse_zHQ3esIkpkN7" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Financial asset at fair value through profit and loss</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;454.5&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6971">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6972">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;454.5&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,914.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6975">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6976">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,914.6&#160;</span></td></tr>
  <tr id="xdx_406_ecustom--DerivativeFinancialAssetsHeldForHedgingOperationalHedges_iI_pn5n6_maFAAFVzkse_zNkPzqNl9hw" style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives - operational hedge</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;57.0&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;216.8&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6981">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.8&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;159.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;439.9&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6985">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;599.0&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--FinancialAssetsAtFairValue_iTI_pn5n6_mtFAAFVzkse_ztiXT7GrBZD7" style="background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;511.5&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;216.8&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6990">-</span>&#160;&#160;&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;728.3&#160;</b></span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,073.7&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;439.9&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6994">-</span>&#160;&#160;&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,513.6&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><span style="text-decoration: underline">Financial liabilities</span></b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLoss_iI_pn5n6_maFLAFVzw0K_z1I8y2cZ67P7" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Financial liabilities at fair value through profit and loss</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6997">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6998">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,393.9&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,393.9&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7001">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7002">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,486.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,486.0&#160;</span></td></tr>
  <tr id="xdx_402_ecustom--DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_iI_pn5n6_maFLAFVzw0K_zN7bclazl1Pj" style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives - operational hedge</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;76.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;653.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7008">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;729.4&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;193.4&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;299.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7012">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;492.5&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--FinancialLiabilitiesAtFairValue_iTI_pn5n6_mtFLAFVzw0K_z1Wk6JUDb5pf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,123.3&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;193.4&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;299.1&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,486.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,978.5&#160;</b></span></td></tr>
  </table>
<p id="xdx_8AB_zGru9FZzVYQf" style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>





<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Reconciliation of changes in the assets categorized at Level 3</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_pn5n6_zQ0Iiw5AIys7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Reconciliation of Changes In the Assets Categorized At Level 3 (Details)">
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zxfAJoULueFg" style="display: none">Schedule of Reconciliation of changes in the assets</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="background-color: rgb(204,238,255)">
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    <td id="xdx_988_eifrs-full--FinancialLiabilities_iS_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z4TCq9q59GX8" style="white-space: nowrap; vertical-align: bottom; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liabilities balance"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>3,486.0&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Acquisition of investments</span></td>
    <td id="xdx_98B_eifrs-full--PurchasesFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkk9o0DKgJR" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition of investments"><span style="font-family: Times New Roman,serif; font-size: 9pt">161.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Total gains and losses during the period</span></td>
    <td id="xdx_982_ecustom--LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z5tiLp8Sr8ed" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total gains and losses during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(253.5)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Losses/(gains) recognized in net income</span></td>
    <td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znaCtrTWKQyf" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Losses/(gains) recognized in net income"><span style="font-family: Times New Roman,serif; font-size: 9pt">(46.3)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Losses/(gains) recognized in equity</span></td>
    <td id="xdx_985_ecustom--GainsLossesRecognisedEquityFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7YoM56ivNfd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Losses/(gains) recognized in equity"><span style="font-family: Times New Roman,serif; font-size: 9pt">(207.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Financial liabilities at December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--FinancialLiabilities_iE_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z15laocHEQv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liabilities balance"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>3,393.9&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A2_zBJY4ojMHSu3" style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>(c) Fair value of financial liabilities measured at amortized cost</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s liabilities, interest-bearing loans
and borrowing, and trade payables excluding tax payables, are recorded at amortized cost based on the effective rate method, plus indexation
and foreign exchange gains/losses, based on the closing indices for each exercise.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The financial instruments recorded at amortized cost
are similar to the fair value and are not of sufficiently material to require disclosure.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>(d) Fair value of liabilities measured through profit or
loss</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">As part of the negotiations regarding the acquisition
of the shares of Tenedora, the Company signed the second amendment to the Shareholders' Agreement extending the partnership between the
Company and ELJ. ELJ is currently the owner of <span id="xdx_906_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zsbhXf2NIRw1" title="Put options, exercisable number of shares, percent of outstanding stock">15</span>% of the shares of Tenedora, and its put options are now divided into two tranches: (i)
Tranche A, corresponding to <span id="xdx_903_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheAMember__dei--LegalEntityAxis__custom--ELJMember_zPMugXkEgWa5" title="Put options, exercisable number of shares, percent of outstanding stock">12.11</span>% of the shares, exercisable in 2023 and 2024; and (ii) Tranche B, corresponding to <span id="xdx_908_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheBMember__dei--LegalEntityAxis__custom--ELJMember_zD0RR07Si7Of" title="Put options, exercisable number of shares, percent of outstanding stock">2.89</span>% of the shares,
exercisable from 2026. The Company, on the other hand, has a call option over Tranche A shares, exercisable from 2021, and Tranche B shares,
exercisable from 2029, whereas until December 31, 2022, no options were exercised. On December 31, 2022, the sum of the two ELJ tranches
is R$<span id="xdx_90A_ecustom--PutOptionsFairValue_iI_pn5n6_c20221231__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zcY766CqFAKa" title="Put options, fair value">3,053.7</span> (R$<span id="xdx_906_ecustom--PutOptionsFairValue_iI_pn5n6_c20211231__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_z0ReaRtH0YIg" title="Put options, fair value">3,284.8</span> on December 31, 2021).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The fair value of (i) Tranche A is calculated considering
the interest under the contract, plus foreign exchange variations, less the dividends paid between the date of signature of the amendment
and the exercise of the option.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The fair value of (ii) Tranche B is calculated based on the
EBITDA multiple defined in the contract, less the net debt, brought to its present value, calculated using standard valuation techniques
(the present value of the principal amount and future interest, discounted by the local currency&#8217;s WACC rate as at the date of the
calculation). The criteria used are based on market information from reliable sources and are categorized as &#8220;Level 3&#8221;.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Calculation of the fair value of derivatives</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company measures derivative financial instruments by calculating
their fair value, using market curves that impact the value of the instrument as at the computation date. In the case of swaps, the asset
and the liability positions are estimated independently and</p>




<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">brought to their fair value, equivalent to the difference between
the results of the asset and liability amounts, which generates the swap&#8217;s market value. For traded derivative financial instruments,
the fair value is calculated based on the exchange-listed price.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Margins pledged as guarantees</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In order to comply with the guarantee requirements regarding
derivative exchanges and/or counterparties to certain operations with derivative financial instruments, as at December 31, 2022 the Company
held R$<span id="xdx_900_ecustom--InstrumentsSharingCharacteristicHighlyLiquidInvestments_iI_pn5n6_c20221231_zcaDMh8viL6d" title="Instruments sharing characteristic, highly liquid investments">376.9</span> in highly liquid financial investments or in cash, classified as cash and cash equivalents and investment securities (R$<span id="xdx_90D_ecustom--InstrumentsSharingCharacteristicHighlyLiquidInvestments_iI_pn5n6_c20211231_zVsgCBnaNy6i" title="Instruments sharing characteristic, highly liquid investments">1,152.8</span>
as at December 31, 2021).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Offsetting of financial assets and liabilities</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">For financial assets and liabilities subject to settlement
agreements on a net basis or similar agreements, each agreement between the Company and the counterparty allows this type of settlement
when both parties opt for this. In the absence of such a decision, the assets and liabilities will be settled at their gross amounts,
but each party will have the option to settle on a net basis, in case of a default by the counterparty.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><span style="font-size: 12pt"><b>Risks of climate change and the sustainability strategy</b></span></p>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Considering the nature of the Company&#8217;s operations,
there is an inherent exposure to certain risks related to climate change, and relevant ESG (Environmental, Social and Governance) aspects.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In the period finished in December 31, 2022 the Management
considered as main risks the aspects below:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(i)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Commodities prices</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">There is a growing concern that the current level of carbon
dioxide and other greenhouse gases in the atmosphere will have adverse impacts on global temperatures, weather patterns and the frequency
and severity of extreme weather and natural disasters, such as droughts, floods, unseasonal rains, tropical cyclones, among others. In
the event that climate changes has a negative effect on agricultural productivity, the Company may be subject to decreased availability
or less favorable pricing for certain agricultural commodities that are necessary for our products, such as barley, hops, sugar and corn.
In addition, public expectations for reductions in greenhouse gas emissions could result in increased energy, transportation and raw
material costs and may require us to make additional investments in facilities and equipment due to increased regulatory pressures. As
a result, the effects of climate change could have a long-term, material adverse impact on our business and results of operations.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(ii)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Water crisis</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">We also face water scarcity and quality risks. The availability
of clean water is a limited resource in many parts of the world, facing unprecedented challenges from climate change and the resulting
change in precipitation patterns and frequency of extreme weather, overexploitation, increasing pollution, and poor water management.
We have implemented an internal strategy in order to considerably reduce the use of water in our operative plants. However, as demand
for water continues to increase around the world, and as water becomes scarcer and the quality of available water deteriorates, we may
be affected by increasing production costs or capacity constraints, which could adversely affect our business and results of operations.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Droughts can cause barley crop failures, especially in South
America, where most barley is rain-fed, the meteorological droughts (short-term, precipitation-impacted droughts) can significantly affect
barley crop performance.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">As a result, the effects of climate change could have a substantial
long-term detrimental impact on the Company's business and operating results.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(iii)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Environmental regulations</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Our operations are subject to a wide range of Brazilian federal,
state and municipal safety and environmental laws and regulations related to licenses or authorizations necessary to our business, as
well as use of water resources and management of solid waste and take-back scheme obligations.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company activities require the constant obtaining and
renewal of environmental licenses, in which the production units operation depends. Technical difficulties or failure to meet license
renewal terms and the requirements of environmental agencies may have adverse effects on our business, as we may be subject to (i) the
imposition of several administrative penalties (such as fines, interruption or shutdown of activities, license cancellation, among others),
(ii) payment of recovering costs to of degraded areas and (iii) accountability in the civil, administrative and criminal spheres, depending
on the case.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">While we have a budget for future capital and operating
expenditures to maintain compliance with environmental laws and regulations, there is no guarantee that the Company, even if it
adopts adequate practices and processes, will not incur environmental liability or that these applicable environmental laws and
regulations will not change or become more strict in the future. Accordingly, non-compliance with applicable laws and the technical
conditions established in licenses and permits may harm the Company's reputation, results of operations and financial health.</p>






<table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 21.3pt"><span style="font-size: 12pt"><b>(iv)</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b>Social</b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">The Company is subject to obligations regarding the
respect for human rights of all stakeholders, which may lead the Company to incur additional costs as well as significant contingencies
relating to social issues. In general, social risks arise from the potential and actual adverse impacts of its business activities on
the human rights of all stakeholders involved in its operation, including its own employees, consumers, suppliers, investors and the
local community where the Company operates, whether directly or indirectly connected to its activities.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">If the Company does not adopt well-structured and integrated
long-term planning initiatives to promote diversity, equality and inclusion, both in its workforce and in the composition of statutory
bodies and leadership, it may be challenged, including in court, about the absence of clear goals and effective actions in this area.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">There is no guarantee that the Company will be able
to adequately manage the social risks mentioned above in compliance with all national and international parameters and guidelines, which,
consequently, may eventually harm the Company's operating results and reputation and expose it to legal and regulatory risks, which may
materialize in different ways.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify">As the events mentioned in this section are highly uncertain,
the Company cannot determine their financial impact at this moment. Any mentioned impacts may result in a material adverse effect on our
business, liquidity, financial condition and results of operations. The Company continues to manage liquidity and capital resources with
discipline to meet the costs of the eventual materialization of such risks.</p>


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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for financial instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Section Scope<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;doctype=Standard&amp;dita_xref=IFRS07_g3-5A__IFRS07_g3-5A_TI<br> -URIDate 2022-03-24<br></p></div>
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<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131486840304">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract', window );"><strong>Collateral And Contractual Commitments With Suppliers Advances From Customers And Others</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOtherTextBlock', window );">COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS</a></td>
<td class="text"><p id="xdx_80C_ecustom--DisclosureOfCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOtherTextBlock_z8EGwFG1psWb" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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  <td style="text-align: justify; width: 3%"><span style="font-size: 12pt"><b>29.</b></span><b/></td>
  <td style="text-align: justify; width: 97%"><span style="font-size: 12pt"><b><span id="f_034"/><span id="xdx_828_z9Ug63fjgKwb">COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND
OTHERS</span></b></span></td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_pn5n6_zqRNEGMVZQA1" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Components of Collateral and Commitments (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zRmQ1VVpqGF6" style="display: none">Schedule of commitments and contingent liabilities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 48%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Collateral given for the Company&#8217;s own liabilities</span></td>
    <td id="xdx_98A_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20221231_zfUKokTkX4jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">764.5</span></td>
    <td id="xdx_988_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20211231_zWZrdlboILbk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">788.6</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other commitments</span></td>
    <td id="xdx_984_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20221231_z14Gb3MR1IW1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">1,368.1</span></td>
    <td id="xdx_982_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20211231_z4gb7HvkJBWf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">1,719.1</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20221231_znmq30ab7q1e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2,132.6</b></span></td>
    <td id="xdx_981_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zDYnSSp0GR42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2,507.7</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Commitments to suppliers</span></td>
    <td id="xdx_985_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20221231_zIX4Xtj3DeRg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Commitments to suppliers"><span style="font-family: Times New Roman,serif; font-size: 9pt">50,365.3</span></td>
    <td id="xdx_982_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20211231_zdPYHtjUB0N4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Commitments to suppliers"><span style="font-family: Times New Roman,serif; font-size: 9pt">51,562.0</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zemYR89ZxgX1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>50,365.3</b></span></td>
    <td id="xdx_98B_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_z1oYN06smiqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>51,562.0</b></span></td></tr>
  </table>
<p style="font: 5pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p id="xdx_8A6_zVmJa3px8Bdj" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">The collateral provided for liabilities totaled
approximately R$<span id="xdx_908_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20221231_zvBHQqvTMZW1" title="Collateral and other commitments">2,132.6</span> as at December 31, 2022 (R$<span id="xdx_900_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zBdYnjTfGN5i" title="Collateral and other commitments">2,507.7</span> as at December 31, 2021), including R$<span id="xdx_90D_ecustom--CashGuarantees_iI_pn5n6_c20221231_z3vH1j384pPc" title="Cash guarantees">744.0</span> (R$<span id="xdx_906_ecustom--CashGuarantees_iI_pn5n6_c20211231_zIhmqrDf9eA3" title="Cash guarantees">682.6</span> as at December 31, 2021)
of cash guarantees. The deposits in cash used as guarantees are presented as part of other assets. To provide the guarantees required
for derivatives exchanges and/or counterparties contracted in certain derivative financial instrument transactions, as at December 31,
2022, Ambev maintained R$<span id="xdx_90F_ecustom--GuaranteesHeldForDerivativeInstruments_iI_pn5n6_c20221231_zz63qIg2xMtl" title="Guarantees held for derivative instruments">376.9</span> (R$<span id="xdx_900_ecustom--GuaranteesHeldForDerivativeInstruments_iI_pn5n6_c20211231_zJSXR9IBFBkh" title="Guarantees held for derivative instruments">1,152.8</span> as at December 31, 2021) in highly liquid financial investments or in cash, classified as cash
and cash equivalents and investment securities (Note 28 - <i>Financial instruments and risks</i>).</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Most of the balance relates to commitments to
suppliers of packaging.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Future contractual
commitments as at </span>December 31, 2022 <span style="background-color: white">and </span>2021 <span style="background-color: white">are
as follow:</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfFutureContractualCommitmentsTextBlock_pn5n6_zMPuBxM4YPOb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Future Contractual Commitments (Details)">
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zKRhRu9h2N6k" style="display: none">Schedule
of future contractual commitments</span> </td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 47%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Less than 1 year</span></td>
    <td id="xdx_98F_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zxJkSpOTQVWi" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">12,491.0</span></td>
    <td id="xdx_989_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCT0AB8zHBG8" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">11,559.9</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Between 1 and 2 years</span></td>
    <td id="xdx_98C_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zXCK39VKSv11" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">10,315.3</span></td>
    <td id="xdx_988_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zHzYPbNthI4l" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">9,982.2</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">More than 2 years</span></td>
    <td id="xdx_987_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_zMOlYMoQgkyb" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">27,559.0</span></td>
    <td id="xdx_984_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_z6R6IIaLnwsj" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">30,019.9</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zhZKrJwDhphl" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>50,365.3</b></span></td>
    <td id="xdx_98A_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_zHuMWWpHBD1g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>51,562.0</b></span></td></tr>
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<p id="xdx_8AF_zEBnQJbZring" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131452952048">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONTINGENCIES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ContingenciesAbstract', window );"><strong>Contingencies</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfContingentLiabilitiesExplanatory', window );">CONTINGENCIES</a></td>
<td class="text"><p id="xdx_800_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zttaSlPYPuyi" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3%"><span style="font-size: 12pt"><b>30.</b></span></td><td style="text-align: justify"><span style="font-size: 12pt"><b><span id="f_035"/><span id="xdx_823_znjT7p2mwtak">CONTINGENCIES</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The Company has contingent liabilities related to lawsuits
arising in the normal course of its business. <span style="background-color: white">Due to their nature, such legal proceedings involve
certain uncertainties including, but not limited to, court and tribunal rulings, negotiations between affected parties and governmental
actions, and therefore the Company&#8217;s management cannot estimate the likely timing of the resolution of these matters at this stage.
</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Contingent liabilities with a probable outcome are fully recorded
as liabilities (Note 27 - <i>Provisions</i>).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have administrative
and judicial discussions with tax authorities in Brazil related to certain tax treatments adopted when calculating the income tax and
social contribution, for which, based on Management&#8217;s current evaluation, is probable that the tax authorities will accept the
uncertain tax treatment, in accordance with IFRIC 23. The Company also has lawsuits related to other taxes, which involve risk of a possible
loss. To these uncertain tax treatments and possible contingencies there are no provisions recorded, due to the assessment carried out
by Management, with the following composition and estimates:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfEstimatesOfPossibleLossesTextBlock_pn5n6_zEBLkvZf6O2b" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CONTINGENCIES - Estimates of Amounts of Possible Losses (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B9_zcYZgiaTMhYj" style="display: none">Schedule of estimates of possible losses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 28%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Income tax and social contribution</span></td>
    <td id="xdx_98D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--IncomeTaxAndSocialContributionMember_zuYz8zWEz8za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;60,453.5&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--IncomeTaxAndSocialContributionMember_z6jWTMe6vgn3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;54,258.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Value-added and excise taxes</span></td>
    <td id="xdx_98A_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--ValueAddedAndExciseTaxesMember_zOjORTA3B30j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;25,904.6&#160;</span></td>
    <td id="xdx_98B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--ValueAddedAndExciseTaxesMember_zHJLwQ3HOTIj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;23,912.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PIS and COFINS</span></td>
    <td id="xdx_984_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PISAndCOFINSTaxContingentLiabilityMember_z1iDhGfWHyn" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3,293.5&#160;</span></td>
    <td id="xdx_983_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PISAndCOFINSTaxContingentLiabilityMember_z4DmEx59rpx" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,667.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Others</span></td>
    <td id="xdx_982_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z38rhrFjkYKh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,909.1&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z1OINrNIvzQ6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,606.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231_zzbpA2QJPUpg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;91,560.7&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231_zVcw6ZdCrmx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;82,445.0&#160;</b></span></td></tr>
  </table>
<p id="xdx_8A9_zvU9Ptx3vuK" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have guarantee-insurance
policies and letters of guarantee for some legal actions, presented as guarantee for civil, labor and tax executions or to enable resources
of labor nature.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Principal lawsuits with a likelihood of possible loss</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>Brazilian Federal Taxes</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>Goodwill InBev Holding</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2011, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2005 to 2010 resulting from the InBev Holding Brasil S.A. merger with Ambev. At the administrative
level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings
to discuss the unfavorable portion of the decisions of the Lower and the Upper Administrative Court and requested injunctions to suspend
the enforceability of the remaining tax credit, which were granted.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In June 2016, Ambev received a new tax assessment charging
the remaining value of the goodwill amortization in calendar years 2011 to 2013 and filed a defense. Ambev received partially favorable
decisions at the first level administrative court and Lower Administrative Court. Ambev filed a Special Appeal which was partially admitted
and awaits judgment by the Upper Administrative Court. For the unfavorable portion of the decision, which became final at the administrative
level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining tax credit, which was
granted.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain tax position, as per
IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policie</i>s, as at December 31, 2022 was approximately
R$<span id="xdx_905_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zRs9sQh08EW7">11.1
</span>billion (R$<span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zEbWCf064PFa">10.4
</span>billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit. In the event Ambev is required to pay these amounts, AB-Inbev will reimburse Ambev the amount proportional (<span id="xdx_907_ecustom--EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement_iI_pip0_dp_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zuaROXkPdg7c">70</span>%)
to the benefit received by the company pursuant to the merger protocol, as well as the related costs.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>Goodwill Beverage Associate Holding (BAH)</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In October 2013, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2007 to 2012 resulting from the merger of Beverage Associates Holding Limited (&#8220;BAH&#8221;)
into Ambev. The decision from the first level administrative court was unfavorable to Ambev. Ambev filed an appeal with the Lower Administrative
Court against the decision, which was partially granted. Ambev and the tax authorities filed Special Appeals to the Upper Administrative
Court. In July 2022, the Upper Administrative Court rendered a partially favorable decision to Ambev. The decision did not recognize the
Special Appeal filed by the tax authorities, thereby preserving the portion of the decision rendered by the Lower Administrative Court
that was favorable to Ambev with respect to the qualified penalties applied and the statute of limitation for one of the calendar years
under discussion; this portion of the decision is final. Ambev will file a judicial proceeding to appeal the unfavorable
portion of the decision.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In April and August 2018, Ambev received new tax assessments
charging the remaining value of the goodwill amortization in calendar years 2013 to 2014 and filed defenses. In April 2019, the first
level administrative court rendered unfavorable decisions to Ambev. As a result, thereof, Ambev appealed to the Lower Administrative Court.
In November and</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">December 2019, Ambev received partially favorable decisions
at the Lower Administrative Court. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court. The Special
Appeals filed in both tax assessments are awaiting judgment by the Upper Administrative Court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BeverageAssociatesHoldingLimitedMember_zvn0Q1EKCSU1">2.2
</span>billion (R$<span id="xdx_903_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BeverageAssociatesHoldingLimitedMember_zwigQZpDkySb">2.3
</span>billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Goodwill CND Holdings</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In November 2017, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev. The decision from the
first level administrative court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court. In February 2020,
the Lower Administrative Court rendered a partially favorable decision. Ambev and the tax authorities filed Special Appeals to the Upper
Administrative Court. The Special Appeal filed by Ambev was partially admitted and is awaiting judgment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In October 2022, Ambev received a new tax assessment
charging the remaining value of the goodwill amortization in calendar year 2017. Ambev has filed a defense and awaits judgment by the
first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_90B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--CerveceraNacionalDominicanaSaMember_zrxH1iVVxCXe" title="Estimated financial effect of contingent liabilities">1.3</span> billion (R$<span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--CerveceraNacionalDominicanaSaMember_zgWE0W8Ai698" title="Estimated financial effect of contingent liabilities">0.9</span> billion as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>Goodwill MAG </i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2022, CRBS S.A (a subsidiary of Ambev) received
a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from the merger of RTD Barbados into CRBS.
Ambev filed a defense and awaits judgment by the first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$251 million. Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be applied by the Company impacting calendar
years following those assessed (2021- 2022). In a scenario CRBS is questioned on this matter for future periods, on the same basis and
under the same arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further
assessments would be consistent to the already assessed periods.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>Foreign earnings</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0"><span style="background-color: white">Since
2005, Ambev and certain of its subsidiaries have been receiving assessments from the Brazilian Federal Tax Authorities relating to the
profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels of the courts in Brazil.&#160;</span></p>

<p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0"><span style="background-color: white">The
administrative proceedings have resulted in partially favorable decisions, most of which are still subject to review by the Administrative
Court. In August 2022, the Upper Administrative Court rendered favorable decisions to Ambev on two cases related to the taxation of profits
of foreign subsidiaries, one of which recognized the application of the double tax treaty signed by Brazil to mitigate such taxation;
both decisions are final. In October 2022, the Lower Administrative Court rendered a favorable decision to Ambev on a third related case.
Ambev is awaiting formal notification of this decision to analyze its content and any applicable legal motions or appeals. In the judicial
proceedings, Ambev has received favorable injunctions that suspend the enforceability of the tax credit, as well as favorable first level
decisions, which remain subject to review by the second-level judicial court.</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">The updated
assessed amount related to this uncertain tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of
Significant Accounting Policies</i>, as at December 31, 2022 was approximately R$<span id="xdx_904_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zMLu9vhrvc4j" title="Estimated financial effect of contingent liabilities">7.3</span>
billion (R$<span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zvAZwfEvIKqh" title="Estimated financial effect of contingent liabilities">7.5</span>
billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit. For proceedings where it considers the chance of loss to be probable, Ambev recorded a provision in the total amount of
R$<span id="xdx_908_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zkDEZyR9rnY4" title="Total provisions">58</span>
million (R$<span id="xdx_908_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zp24UfoIOIZc" title="Total provisions">54.1</span>
million as at December 31, 2021)</span></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Disallowance of Expenses and Deductibility of Losses</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In 2015, 2016 and 2020, Ambev received tax assessments related
to the disallowance of alleged non-deductible expenses and the deduction of certain losses mainly associated to financial investments
and loans. Ambev presented defenses and, in November 2019, received a favorable decision at the first level administrative court regarding
the 2016 case, which is subject to mandatory review by the Lower Administrative Court. In June 2021, Ambev received a partially favorable
decision for the 2020 case at the first level administrative court and filed an appeal to the Lower Administrative Court. The favorable
portion of the decision is also subject to mandatory review by the Lower Administrative Court. In June 2022, Ambev received a partially
favorable decision at the first level administrative court regarding the 2015 case and filed an appeal to the Lower Administrative Court.
The favorable portion of the decision is also subject to mandatory review by the Lower Administrative Court.</p>





<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain tax
position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zz3X9nsXeLDe" title="Estimated financial effect of contingent liabilities">5.2</span> billion (R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zSw3PVvANeZh" title="Estimated financial effect of contingent liabilities">5</span> billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based
on the probability of loss of the lawsuit.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Disallowance of taxes paid abroad</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Since 2014, Ambev has been receiving tax assessments
from the Brazilian Federal Tax Authorities, for calendar years as of 2007, related to the disallowance of deductions associated with alleged
unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative
and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related
to the 2010 tax period), which became definitive.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In January 2020, the Lower Administrative Court rendered
unfavorable decisions regarding four of these assessments related to the periods of 2015 and 2016. In these cases, Ambev filed Special
Appeals to the Upper Administrative Court which are pending judgment. With respect to the cases related to the periods of 2015, 2016,
tax assessments were filed to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue
deductions of taxes paid abroad. In 2021, Ambev received unfavorable decisions from the first level administrative court in two of these
assessments with respect to the 2015 and 2016 isolated fine cases, and filed appeals in connection therewith, which are pending judgment
by the Lower Administrative Court. In 2022, Ambev received an unfavorable decision from the first level administrative court in the second
assessment related to the 2016 isolated fine case and filed an appeal in connection therewith which awaits judgment by the Lower Administrative
Court. In October 2022, Ambev received a new tax assessment charging such isolated fine related to calendar year 2017. Ambev has filed
a defense in this case and awaits judgment by the first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The other cases are still awaiting final decisions at
both administrative and judicial courts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this
uncertain tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>,
as at December 31, 2022 was approximately R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToTaxesPaidAbroadMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zeoBwKb23Ij7">12.6 </span>billion
(R$<span id="xdx_90B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToTaxesPaidAbroadMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zdBRNwrchzzj">11.3 </span>billion
as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be applied by the Company impacting calendar
years following those assessed (2018- 2022). In a scenario Ambev is questioned on this matter for future periods, on the same basis and
under the same arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further
assessments would be consistent to the already assessed periods.</p>





<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In addition, Ambev has been charged isolated fines due
to the non-recognition of tax offsets. Ambev has filed defenses in these cases and awaits judgment by the Administrative Level. The constitutionality
of this penalty is under review at the Supreme Court of Justice (RE 796,939 e ADI 4,905). The updated assessed amount as at 31 December
2022 was approximately R$1.2 billion (R$1.1 billion as at December 31, 2021). Ambev has not recorded any provisions for this matter as
it considers the chance of loss to be possible.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Presumed Profit</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In April 2016, Arosuco (a subsidiary of Ambev) received
a tax assessment regarding the use of the &#8220;presumed profit&#8221; method for the calculation of income tax and the social contribution
on net profits instead of the &#8220;real profit&#8221; method. In September 2017, Arosuco received an unfavorable first level administrative
decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In March 2019, Arosuco received a new tax assessment
regarding the same subject and filed a defense. In October 2019, Arosuco received an unfavorable first level administrative decision and
filed an appeal which is pending judgment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--ArosucoAromasESucosLtdaMember_zLaXnfhZuZv1" title="Estimated financial effect of contingent liabilities">581.5</span> million (R$<span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--ArosucoAromasESucosLtdaMember_zqwK8UK1gDmj" title="Estimated financial effect of contingent liabilities">534.5</span> million as at December 31, 2021). Arosuco has not recorded any provisions for this
matter based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Disallowance of Income Tax deduction</i></p>

<p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In January 2020, Arosuco (Ambev&#8217;s subsidiary),
received a tax assessment from the Federal Revenue Service of Brazil regarding the disallowance of the income tax reduction benefit provided
for in Provisional Measure No. 2199-14/2001, for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020,
the first level administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision
and awaits judgment by the Lower Administrative Court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount as at December 31, 2022
was approximately R$<span id="xdx_90F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_zHqsgBxSqc6k" title="Estimated financial effect of contingent liabilities">2.3</span>
billion (R$<span id="xdx_90F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_zVpnXz6exaFe" title="Estimated financial effect of contingent liabilities">2.1</span>
billion as at December 31, 2021). Arosuco has not recorded any provision for this matter based on the probability of loss of the
lawsuit.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be applied by the Company impacting calendar
years following those assessed (2019-2022) in which it benefited from</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">the income tax reduction provided for in Provisional Measure
No. 2199-14/2001. In a scenario Arosuco is questioned on this matter for future periods, on the same basis and arguments as the aforementioned
tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent to the already
assessed periods.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>Deductibility of IOC expenses</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2013, as approved in a Shareholders Meeting, Ambev
implemented a corporate restructuring with the purpose of simplifying its corporate structure and converting into a single class of shares
company, among other factors. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares
of its controlled entity, Companhia de Bebidas das Am&#233;ricas, into Ambev. As one of the results of such restructuring, the counterpart
register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#8217;s
share was accounted, as per IFRS 10, in an equity account of Ambev referred to as carrying value adjustment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In November 2019, Ambev received a tax assessment from
the Brazilian Federal Tax Authorities related to the interest on capital (&#8220;IOC&#8221;) deduction in 2014. The assessment refers
primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and the impact on the increase in
the deductibility of IOC expenses. In August 2020, Ambev received a partially favorable decision at the first level administrative court
and filed an Appeal to the Lower Administrative Court, which awaits judgment. The favorable portion of the decision is subject to mandatory
review by the Lower Administrative Court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2020, Ambev received a new tax assessment
related to the deduction of the IOC in 2015 and 2016. The defense against such new tax assessment was filed by Ambev in January 2021.
In June 2021, Ambev received a partially favorable decision and filed an appeal to the Lower Administrative Court, which also awaits judgment.
Similar to the first tax assessment, the favorable portion of the decision is also subject to mandatory review by the Lower Administrative
Court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In December 2022, Ambev received a new tax assessment
related to the deduction of the IOC in 2017. The defense against this new tax assessment was filed by Ambev in January 2023, which is
pending judgment by the first level administrative court.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 is approximately R$<span id="xdx_90E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToIocExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zMzyzRQTNnrj" title="Estimated financial effect of contingent liabilities">13.8</span> billion (R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToIocExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zH7aeXzL4wPg" title="Estimated financial effect of contingent liabilities">10.5</span> billion as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, continued to be adopted by the Company as it also distributed
IOC in the years following the assessed period (2018-2022) and deducted</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">such amounts from its Corporate Income Taxes taxable basis.
Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2017, on the same basis and arguments
as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent
to the already assessed periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><i>Tax Loss Offset</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Ambev and certain of its subsidiaries received
a number of assessments from the Brazilian Federal Tax Authorities relating to the offset of tax losses carried forward in the context
of business combinations.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">In February 2016, the Upper Administrative Court
ruled unfavorably to Ambev in two of these cases, following which Ambev filed judicial proceedings. In September 2016, Ambev received
a favorable first level decision in one of the judicial claims which was confirmed by the second-level judicial court in December 2022.
This decision is subject to appeal by the tax authorities. In March 2017, Ambev received an unfavorable first level decision with respect
to the second judicial case and filed an appeal, which is pending judgment by the second-level judicial court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">There is a third case being challenged at the
administrative level in which an unfavorable decision was rendered to Ambev by the Lower Administrative Court in June 2019. Ambev has
appealed this decision and awaits judgment by the Upper Administrative Court.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - <i>Summary of Significant Accounting Policies</i>, as at December
31, 2022 was approximately R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxLossOffsetMember_zDsFhI8vdt7d" title="Estimated financial effect of contingent liabilities">548</span> million (R$<span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxLossOffsetMember_zbp1RvSASOa7" title="Estimated financial effect of contingent liabilities">411.9</span> million as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>PIS and COFINS</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>PIS/COFINS over bonus products</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Since 2015, Ambev has received tax assessments issued
by the Brazilian Federal Tax Authorities relating to PIS/COFINS amounts allegedly due over bonus products granted to its customers. The
cases are being challenged at both the administrative and judicial levels of the courts. In 2019 and 2020, Ambev received final favorable
decisions at the administrative level in some of these cases and favorable decisions in other cases that are still subject to review.
At the judicial level, one case is pending decision by the second level judicial court after the first level judicial court rendered an
unfavorable decision to Ambev.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev management estimates the possible losses related
to these assessments at approximately R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zJqjW4Ztgy46" title="Estimated financial effect of contingent liabilities">1.6</span> billion as at December 31, 2022 (R$<span id="xdx_906_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zgXgNuCcCSgl" title="Estimated financial effect of contingent liabilities">1.8</span> billion as at December 31, 2021).</p>





<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><b>ICMS and IPI</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>ICMS tax war</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Ambev is currently challenging tax assessments issued by the
states of S&#227;o Paulo, Rio de Janeiro, Minas Gerais, among others, questioning the legality of ICMS tax credits arising from transactions
with companies that have had tax incentives granted by other states. The cases are being challenged at both the administrative and judicial
level of the courts.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In August 2020, the STF issued a binding decision (Extraordinary
Appeal No. 628.075) recognizing the constitutionality ruling that tax credits granted by the states in the context of the ICMS tax war
shall be consider unlawful. The decision also recognized that potential enforcement of tax assessments previously issued by the states
should abide by the tax incentives validation process provided for in Complementary Law No. 160/17.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">With respect to the assessments issued by the State of S&#227;o
Paulo regarding tax credits from the State of Amazonas, Ambev received unfavorable decisions at the second administrative level in April,
May and June 2022. In these cases, Ambev has filed a motion for reconsideration to the second administrative level. In turn, regarding
assessments received by the States of S&#227;o Paulo and Minas Gerais, among others, there were favorable decisions in 2022, which reduced
the reported contingency by approximately R$0.3 billion.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Ambev&#8217;s management estimates the possible losses related
to these assessments to be approximately R$<span id="xdx_90E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_zjdmL5285DDj" title="Estimated financial effect of contingent liabilities">1.7</span> billion as at December 31, 2022 (R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_zCkMuEO5R5f6" title="Estimated financial effect of contingent liabilities">2.0</span> billion as at December 31, 2021) and have not recorded
any provisions in connection therewith.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>ICMS-ST Trigger</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>


<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Over the year, Ambev has received tax assessments to charge
supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established
by the relevant States, cases in which the State tax authorities understand that the calculation basis should be based on a value-added
percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases
are being challenged at both the administrative and judicial levels of the courts. Ambev management estimates the amount related to this
issue to be approximately R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--RelevantStatesMember_zjgsjIqpheek" title="Estimated financial effect of contingent liabilities">9.3</span> billion as at December 31, 2022 (R$<span id="xdx_909_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--RelevantStatesMember_z2nbMaYqfzvh" title="Estimated financial effect of contingent liabilities">8.4</span> billion as at December 31, 2021), which is classified as a possible
loss and, therefore, for which Ambev has made no provision for the period.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>ICMS - PRODEPE</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In 2015, Ambev received a tax assessment issued by the State of Pernambuco to charge
ICMS differences due to an alleged non-compliance with the state tax incentive agreement (&#8220;PRODEPE&#8221;) as a result of the rectification
of its monthly reports. The state tax authorities understood that Ambev was not able to use the incentive due to this rectification. In
2017, Ambev had a final favorable decision in the sense that such</p>




<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">assessment was null due to formal mistakes of the tax auditor. However, in September
2018, Ambev received a new tax assessment to discuss the same matter. With regards to this new tax assessment, in June 2020 Ambev received
the First Level Administrative decision, which was partially favorable to the Company in the sense of recognizing the miscalculation of
the tax incentive credit by the tax auditor. The favorable portion of the aforementioned decision is final and unappealable. As to the
unfavorable portion, Ambev filed an administrative appeal which is awaiting judgment. Furthermore, there are other assessments related
to PRODEPE, some of which are already being discussed in the judicial level.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0pt; text-align: justify">Ambev management estimates the possible losses related to this issue to be approximately
R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StateOfPernambucoMember_zAY6C6PzLnhl" title="Estimated financial effect of contingent liabilities">663.9</span> million as at December 31, 2022 (R$<span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StateOfPernambucoMember_zqf1h3Knt2n2" title="Estimated financial effect of contingent liabilities">596.3</span> million as at December 31, 2021) and has made no provision for the period.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>Manaus Free Trade Zone - IPI and PIS/COFINS</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In Brazil, goods manufactured within the Manaus Free
Trade Zone intended for remittance elsewhere in Brazil are exempt and/or zero rated from IPI excise tax and social contributions (PIS/COFINS).
With respect to IPI, Ambev has been registering IPI excise tax presumed credits upon the acquisition of exempted goods manufactured therein.
Since 2009, Ambev has been receiving several tax assessments from the Brazilian Federal Tax Authorities relating to the disallowance of
such credits.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Ambev has also been receiving charges from the Brazilian
Federal Tax Authorities in relation to (i) federal taxes allegedly unduly offset with the disallowed presumed IPI excise tax credits that
are under discussion in these proceedings and (ii) amounts of PIS and COFINS allegedly due over Arosuco&#8217;s remittances to Ambev.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">In April 2019, the Federal Supreme Court (&#8220;STF&#8221;)
announced its judgment on Extraordinary Appeal No. 592,891/SP, with binding effects, deciding on the rights of taxpayers registering presumed
IPI excise tax credits on acquisitions of raw materials and exempted inputs originating from the Manaus Free Trade Zone. As a result of
this decision, Ambev reclassified part of the amounts related to the IPI cases as remote losses maintaining as possible losses only issues
related to other additional discussions that were not included in the analysis of the STF.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify">The cases are being challenged at both the administrative
and judicial levels. Ambev management estimates the possible losses in relation to these assessments to be R$<span id="xdx_906_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_z5iPE75ObWai" title="Estimated financial effect of contingent liabilities">5.8</span> billion as at December
31, 2022 (R$<span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_z1HpCziTIe16" title="Estimated financial effect of contingent liabilities">4.9</span> billion as at December 31, 2020). Ambev has not recorded any provision in connection with these assessments.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify">In addition, Ambev has been charged isolated fines due
to the non-recognition of tax offsets. Ambev has filed defenses in these cases and awaits judgment by the Administrative Level. The constitutionality
of this penalty is under review at the Supreme Court of Justice (RE</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">796,939 e ADI 4,905). The updated assessed amount as at 31 December
2022 was approximately R$271.6 million (R$224 million as at December 31, 2021). Ambev has not recorded any provisions for this matter as
it considers the chance of loss to be possible.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>IPI Suspension</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">In 2014 and 2015, Ambev received tax assessments from the
Brazilian federal tax authorities relating to IPI excise tax allegedly due over remittances of manufactured goods to other related factories.
The cases are being challenged at both administrative and judicial levels. We&#8217;ve received partially favorable decision at the administrative
level. In July 2022, Ambev received the first judicial decision on this matter; the decision was unfavorable to Ambev and Ambev have filed
an appeal.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">In October 2022, the Upper Administrative Court rendered a partially favorable
decision in one of the cases related to this matter. Ambev awaits the formal notification of this decision to assess whether any portion
of the tax assessment may be challenged at the judicial level.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Ambev management estimates the possible losses related to these assessments to
be approximately R$<span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToIpiExciseTaxesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_ziPIvkoztIC9" title="Estimated financial effect of contingent liabilities">1.7</span> billion as at December 31, 2022 (R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToIpiExciseTaxesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zmfe8YZSxTjj" title="Estimated financial effect of contingent liabilities">1.6</span> billion as at December 31, 2021). Ambev has not recorded any provision in
connection with these assessments.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><i>&#160;</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>ICMS &#8211; AM</i></p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2016, Arosuco (Ambev&#8217;s subsidiary) received
tax assessments issued by the State of Amazonas to charge alleged differences in ICMS due to questions about the calculation basis applied
in sales transactions by Ambev to its subsidiaries. The cases are being challenged at the administrative court. Arosuco management estimates
the possible losses related to these assessments to be approximately R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--TheStateOfAmazonasMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zjfer8AKIzHk" title="Estimated financial effect of contingent liabilities">561.5</span> million as at December 31, 2022 (R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--TheStateOfAmazonasMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_z4CdurftljI" title="Estimated financial effect of contingent liabilities">521.3</span> million as at December
31, 2021) and has not recorded any provisions in connection therewith.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>ICMS &#8211; ZFM</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2018 and 2021, Ambev received tax assessments from
the States of Rio Grande do Sul and S&#227;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from
transactions with suppliers located in the Manaus Free Trade Zone. With regard to the assessment issued by the State of Rio Grande do
Sul, Ambev received a favorable judgment at the second administrative level in February 2022, which is still subject to appeal by tax
authorities.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">With respect to the assessments issued by the State of
S&#227;o Paulo, Ambev received unfavorable judgments at the first administrative level in May and June 2022. In these cases, we have
filed appeals to the second administrative level.</p>





<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Our management estimates the possible losses related
to these assessments to be approximately R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--StatesOfRioGrandeDoSulAndSoPauloMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zI5QwCgymREg" title="Estimated financial effect of contingent liabilities">730.3</span> million as at December 31, 2022 (R$<span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--StatesOfRioGrandeDoSulAndSoPauloMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zliowJ1IP0r6" title="Estimated financial effect of contingent liabilities">663.3</span> million as at December 31, 2021). We have not
recorded any provisions in connection therewith.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>ICMS &#8211; FAIN</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Over the last years, Ambev received tax assessments issued
by the State of Para&#237;ba due to an alleged non-compliance with the State Tax Incentive Program (&#8220;FAIN&#8221;). The State tax
authorities&#8217; position was that Ambev could not enjoy the tax incentive granted to Companhia de Bebidas (incorporated company), among
other allegations related to the calculation method of the tax incentive itself.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev management estimates the possible losses related
to these assessments to be approximately R$<span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--StateOfParabaMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zFS6gjxej4l" title="Estimated financial effect of contingent liabilities">591.4</span> million as at December 31, 2022 (R$<span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--StateOfParabaMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zZf89MmLAkY4" title="Estimated financial effect of contingent liabilities">540.5</span> million as at December 31, 2021) and has not
recorded any provisions in connection therewith.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>Contingent assets</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>PIS and COFINS Recovery - exclusion of ICMS (VAT)
from the basis of calculation</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In 2017, the Brazilian Supreme Federal Court (&#8220;STF&#8221;)
decided for, in the judgment of RE No. 574,706/PR, with binding effects, the unconstitutionality of the inclusion of ICMS in the tax base
of social contributions on gross revenues (&#8220;PIS and COFINS&#8221;). The decision was reaffirmed by the STF in May 2021, in the
judgment of the request for clarification presented by the General Attorney's Office (PGFN), whereby the Court confirmed that the ICMS
to be excluded from the PIS and COFINS tax base is that declared in the invoice. The Court also determined that the decision should apply
retroactively as of March 15, 2017 (date on which the decision on RE 574,706/PR was rendered), except for taxpayers who had judicial and
administrative claims filed before said date (which is the case of the Company and its subsidiaries). As for ICMS under the tax substitution
modality, the Superior Court of Justice (&#8220;STJ&#8221;) began the judgment of Theme 1125 with a favorable vote for taxpayers, therefore
determining the exclusion of this ICMS modality in the tax bases of social contributions on gross revenues (&#8220;PIS and COFINS&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries filed several lawsuits
related to this matter, most with final and unappealable favorable decisions. As the federal tax regime applicable to the soft drinks
and beer sector has changed over time, the Company and its subsidiaries are parties to lawsuits related to three different periods: (i)
1990 to 2009, (ii) 2009 to 2015 (period in which the &#8220;REFRI Taxation Model&#8221; was in force - special soft drinks and beer regime,
provided for Article 58-J of Law No. 10,833, of 2003) and (iii) 2015 onwards (also known as &#8220;New Model Taxation&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From 2018 to 2022, the Company and its subsidiaries recognized,
in accordance with IAS 37, recoverable tax credits related to this matter in the total amount of R$<span id="xdx_908_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231_z1t5LabYgHDf" title="Recoverable tax credits">9.4</span> billion, of which (i) R$<span id="xdx_901_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom1990To2009Member_ztLO4kXn23Qf" title="Recoverable tax credits">0.7</span> billion
is related to periods from 1990 to 2009, (ii) R$<span id="xdx_906_ecustom--RecoverableTaxCredits_pn9n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom2015To2018Member_zxw2UYs43w0i" title="Recoverable tax credits">4</span> billion is related to the New Model Taxation, from March 2017, when the Company and
its subsidiaries implemented the judicial decisions authorizing the exclusion of the ICMS from the PIS and COFINS tax base in its regular
transactions and which right of recovery is assured by the decision rendered by the STF in the judgment of RE 574.706/PR, and (iii) R$<span id="xdx_902_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom2009To2015Member_zB5CjilLENpg" title="Recoverable tax credits">4.7</span>
billion is related to periods from 2009 to 2015, during which the REFRI Taxation Model was in force.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Part of this amount has already been used to offset other
tax debts according to the final and unappealable decisions rendered in certain judicial lawsuits involving the Company and its subsidiaries.
The outstanding amount of recoverable tax credits remain registered in the asset account (see Note 18 &#8211; <i>Recoverable Taxes</i>).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The accounting recognition of said amounts is due to
(i) the gain being virtually certain considering the decision provided by the STF in RE 574,706/PR and the specific circumstances of each
case; and (ii) the fact that the amount could be estimated with sufficient reliability, by collecting the respective documents and quantifying
the related amount. As to the tax credits related to the period in which the REFRI Taxation Model was in place, the amount could be estimated
with sufficient reliability after several analyses made with the assistance of our external consultants were made. These analyses allowed
us to (i) identify the total ICMS included per liter in the retail selling prices that were verified by the Federal Government at the
time and that had an impact on the reference prices used as a base for the determination of the PIS and COFINS; and (ii) calculate the
exclusion of such ICMS from the tax base of PIS and COFINS in the transactions carried out by the Company and its subsidiaries.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In addition, with respect to the transactions performed
after the implementation of the individual judicial decisions authorizing the exclusion of the ICMS from the PIS and COFINS tax base,
the Company and its subsidiaries had a positive impact of R$5.1 billion, net of the amounts mentioned above, which represented a reduction
in the PIS and COFINS expenses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For additional matters, the Company estimates that the
contingent asset corresponds to R$<span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentAssets_iI_pn8n9_c20221231_zjM6z0NNE8Og" title="Estimated financial effect of contingent assets">0.7</span> billion, which will be recognized once the realization of the gain is virtually certain given the
specific circumstances of the case and upon confirmation of the estimated values with sufficient reliability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><i>Cerbuco Brewing Inc. arbitration</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cerbuco Brewing Inc., (&#8220;Cerbuco&#8221;) a Canadian
subsidiary of Ambev, owns a 50% equity ownership in Cerveceria Bucanero S.A. (&#8220;Bucanero&#8221;), a joint venture in Cuba. In 2021,
Cerbuco initiated an arbitration proceeding at the International Chamber of Commerce (&#8220;ICC&#8221;), relating to a potential breach
of certain obligations relating to the joint venture, with the terms of reference being formally executed in 2022. Depending on the outcome
of the arbitration proceedings, there may be an impact on Cerbuco's ability to influence the management of Bucanero's operations. As a
result, Ambev&#8217;s ability to continue consolidating Bucanero into its financial statements may also be affected. Based on the opinion
of Cerbuco&#8217;s Lawyers, the management estimate the chance of loss as possible. The amount involved has not yet been ascertained,
as it depends on the outcome of the arbitration.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450424848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTIES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RelatedPartiesAbstract', window );"><strong>Related Parties</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfRelatedPartyExplanatory', window );">RELATED PARTIES</a></td>
<td class="text"><p id="xdx_809_eifrs-full--DisclosureOfRelatedPartyExplanatory_zH8W7AbOTUn6" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td style="width: 3%"><span style="font-size: 12pt"><b>31.</b></span><b/></td>
  <td style="width: 97%"><span style="font-size: 12pt"><b><span id="f_036"/><span id="xdx_829_zzNqic2wGURi">RELATED PARTIES</span></b></span></td></tr>
</table>


<p style="font: 12pt/115% Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Policy and practices regarding the realization of transactions with related
parties</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">The Company adopts the corporate governance practices
recommended and/or required by the applicable laws.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">Under the Company&#8217;s by-laws, the Board of Directors
is responsible for approving any transactions or agreements between the Company and/or any of its subsidiaries (except for full subsidiaries),
its directors and/or shareholders (including direct or indirect shareholders of the Company). The Governance Committee of the Company
(previously known as Antitrust Compliance and Related Parties Committee, as update approved by the Board of Directors at meeting attended
on October 14, 2022) is required to advise the Board of Directors on all transactions with related parties, among other subjects.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">Management is prohibited from interfering in any transaction
in which a conflict of interest exists, even in theory, with the Company&#8217;s interests. Management also are not permitted to interfere
in decisions of any other members of management, and the Minutes of Meeting of the Board are required to document any decision to abstain
from the respective deliberations.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">The Company&#8217;s guidelines on related parties require
it to follow reasonable or commutative terms, similar to those prevailing in the market, or under which the Company would contract similar
transactions with third parties. These related parties transactions are clearly disclosed in the financial statements as formalized in
the written contracts.</p>

<p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Transactions with management members</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify">In addition to short-term benefits (primarily salaries),
management members are entitled to participate in the Stock Option Plan and Share-Based Payments Plan (Note 25 - <i>Share-based payments</i>).</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0">Total expenses related to the Company&#8217;s management members are as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfKeyManagementPersonnelCompensationTextBlock_pn5n6_zFUAPUEfPmo1" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RELATED PARTIES - Expenses Related to Management Members (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B5_zub41738rVvb" style="display: none">Schedule of key management remuneration&#160;</span></td>
    <td id="xdx_49F_20220101__20221231_zrT4Ul3TXiCb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_496_20210101__20211231_zazBU0L3JGJj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_499_20200101__20201231_ztCX98DOi3Ck" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_405_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn5n6_z8qe2k4wqKYk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Short-term benefits</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F42_zMPTMnt5eWl5">&#160;(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;74.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;68.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;26.0&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--KeyManagementPersonnelCompensationSharebasedPayment_pn5n6_znbj5OgvERFk" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Share-based payments&#160;</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F4D_zZ7RaSqbwsR5">(ii)</sup></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;66.0&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;65.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;42.7&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--KeyManagementPersonnelCompensation_iT_pn5n6_zHszulutPXma" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total key management remuneration&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;140.2&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;133.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;68.7&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zgcLK69UDzA" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1B_zzygZ3SBMzn8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">These mainly correspond to management&#8217;s salaries and profit sharing (including performance bonuses).</td></tr>
</table>


<p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zy5VUsWF1Kt5" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F1E_zWpHyTcTNBpj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration
paid to members of the Fiscal Council.</td></tr>
</table>


<p id="xdx_8AC_z5fAiJidOqHh" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify">Excluding the above mentioned plan (Note 25 - <i>Share-based
payments</i>), the Company no longer has any types of transaction with the Management members or pending balances receivable or payable
in its balance sheet.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Transactions with the Company's shareholders:</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><i>a) Medical, dental and other benefits</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b><i>&#160;</i></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Funda&#231;&#227;o Zerrenner is one of Ambev&#8217;s
shareholders, and at December 31, 2022 held <span id="xdx_90F_ecustom--PercentageOfOwnershipHeldByARelatedParty_iI_pip0_dp_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zKPdI2Zh9l88" title="Percentage of ownership held by a related party">10.2</span>% of its total share capital. Funda&#231;&#227;o Zerrenner is also an independent
legal entity whose main goal is to provide Ambev&#8217;s employees, both active and retired, with health care and dental assistance, technical
and higher education courses, facilities for assisting elderly people, either directly or through financial assistance agreements with
other entities. As at December 31, 2022 and December 31, 2021, actuarial obligations related to the benefits provided directly by Funda&#231;&#227;o
Zerrenner were fully funded by plan assets, held for that purpose, which significantly exceeded the liabilities at these dates. Ambev
recognizes the assets (prepaid expenses) of this plan to the extent of the economic benefits available to the Company, arising from reimbursements
or from reductions in future contributions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The expenses incurred by Funda&#231;&#227;o Zerrenner
with third parties, for providing these benefits totaled R$<span id="xdx_902_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zddQuWFSDv9e" title="Expenses incurred by a related party">308.8</span> (R$<span id="xdx_90A_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zTm5jrNgG8t8" title="Expenses incurred by a related party">279.4</span> as at December 31, 2021), of which R$<span id="xdx_900_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--ActiveEmployeesMember_zXwvWk7OZM6h" title="Expenses incurred by a related party">270.7</span> and R$<span id="xdx_908_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--RetireesMember_zF5ogxv6ywsb" title="Expenses incurred by a related party">38.1</span> were related
to active employees and retirees respectively (R$<span id="xdx_90A_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--ActiveEmployeesMember_zuOmh83mG7Nf" title="Expenses incurred by a related party">247.2</span> and R$<span id="xdx_905_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--RetireesMember_zCJqbk0QbE07" title="Expenses incurred by a related party">32.2</span> as at December 31, 2021 related to active employees and retirees respectively).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><i>b) Licensing agreement</i></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company have a licensing agreement with Anheuser-Busch,
Inc. to produce, bottle, sell and distribute <i>Budweiser</i> products in Brazil, Canada and Argentina, and sales and distribution agreements
for Budweiser products in Guatemala, the Dominican Republic, Paraguay, El Salvador, Nicaragua, Uruguay, Chile, Panama, Costa Rica and
Puerto Rico. In addition, the Company produces and distributes <i>Stella Artois</i> products under a license to ABI in Brazil and Canada
and, through a license granted to ABI, also distributes <i>Brahma</i> products in the United States and several other countries such
as the United Kingdom, Spain, Sweden, Finland and Greece.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have licensing agreements
with the Group Modelo, subsidiaries of AB Inbev to import, produce, promote and sell Corona products (<i>Corona Extra</i>, <i>Corona
Light</i>, <i>Coronita</i>, <i>Pacifico</i> and <i>Modelo</i>) in Latin America and Canada and with Spaten-Franziskaner-Br&#228;u GmbH,
a subsidiary of ABI, to produce, promote, advertise and sell <i>Spaten</i> in Brazil.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In this context, the Company recorded R$<span id="xdx_909_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zcd9R4qjISU2" title="Transfers under licence agreements from entity, related party transactions">22.6</span> (R$<span id="xdx_900_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zLz6M4r2o46i" title="Transfers under licence agreements from entity, related party transactions">17.0</span>
as at December 31, 2021 and R$<span id="xdx_907_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zuFi12Js9XHa" title="Transfers under licence agreements from entity, related party transactions">2.1</span> as at December 31, 2020) and R$<span id="xdx_902_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zp57AxqNJmpj" title="Transfers under licence agreements to entity, related party transactions">736.7</span> (R$<span id="xdx_90B_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zxFzjzYkY8Ha" title="Transfers under licence agreements to entity, related party transactions">819.0</span> as at December 31, 2021 and R$<span id="xdx_90B_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_z0HfwIDecN2l" title="Transfers under licence agreements to entity, related party transactions">644.0</span> as at December 31,
2020) as licensing income and expenses, respectively.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Transactions with related parties</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_pn5n6_z1LmTUKEOa02" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RELATED PARTIES - Transactions With Related Parties (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_z7ALxkOQDHGi" style="display: none">Schedule of Transactions with related parties</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>Trade receivables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup></span></b></td>
    <td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>Other trade receivables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup></span></b></td>
    <td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>Trade payables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup></span></b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Africa</span></td>
    <td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zyKPdLJ5BTOh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.6&#160;</span></td>
    <td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zsLIpQ1WyS7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7261">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zf0dKWkmt5K4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7263">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB InBev</span></td>
    <td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zdfK8jedTG88" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;142.7&#160;</span></td>
    <td id="xdx_98A_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zYIA4dmpSyOh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7267">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z43FWmjmLNDa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(82.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Package</span></td>
    <td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zcChoFGnDtxb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7271">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zZz2pHjo7Lej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7273">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUWc2GaTf3Ve" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(79.3)&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Services</span></td>
    <td id="xdx_982_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zsFRyyIqqSTl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.7&#160;</span></td>
    <td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zCuQx2LgpcH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7279">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIudp1T8hZi8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB USA</span></td>
    <td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zH5PgtjYmTNk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;71.1&#160;</span></td>
    <td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zmPRm9TMu1H" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7285">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_ztA575N5X8te" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(237.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bavaria</span></td>
    <td id="xdx_988_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_ztboKv0lMHU9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.9&#160;</span></td>
    <td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zrJl7z1TLMyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7291">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zR5aBtctBLeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zAf4AT3QIPPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12.0&#160;</span></td>
    <td id="xdx_985_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1Wc9B03c0Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7297">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z9HZROIWld62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(345.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsp2yVCljH93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.9&#160;</span></td>
    <td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOBTyfezLGZ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7303">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zqmx2LZjbyaj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inbev</span></td>
    <td id="xdx_985_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zk9WhUOeTlxk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.0&#160;</span></td>
    <td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zVggyqtfBYqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.9&#160;</span></td>
    <td id="xdx_985_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zjTvGZCFDT23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(12.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panam&#225; Holding</span></td>
    <td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z2Cgfcn34wKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.9&#160;</span></td>
    <td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z7sYNtgU7wO8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7315">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zb34svYVgUJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7317">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Others</span></td>
    <td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2AZakYnyzWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;19.9&#160;</span></td>
    <td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zkw4m1XJVgxj" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.9&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zRfsLFMP0kt7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(14.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zgaN1GnMb2I7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;290.7&#160;</b></span></td>
    <td id="xdx_981_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zfd3pg1dpIid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;24.8&#160;</b></span></td>
    <td id="xdx_98D_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20221231_zZF1WC0fwFG8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(830.4)</b></span></td></tr>
  </table>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
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    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>&#160;Other trade receivables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup><span style="font-size: 8pt">&#160;</span></span></b></td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>&#160;Trade payables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup><span style="font-size: 8pt">&#160;</span></span></b></td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Dividends receivables&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Africa</span></td>
    <td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zFSVesK3A4Y5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.3&#160;</span></td>
    <td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zypg0GTAT2G6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7333">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zKUcTopRAuPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7335">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_ztAGeywFnhWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7337">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB InBev</span></td>
    <td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zmnfqfK0kUd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;45.4&#160;</span></td>
    <td id="xdx_989_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z1lS9sYFFKkf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7341">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_za4coUtosSwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(167.0)&#160;</span></td>
    <td id="xdx_980_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zu7MfAfTRky2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7345">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB&#160;Package&#160;</span></td>
    <td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zTQgx8uESu0f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7347">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z0ME81T41566" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7349">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zF7aTcSk10ej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(63.1)</span></td>
    <td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zYvsmq93yxI3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7353">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB&#160;Services&#160;</span></td>
    <td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zuLmiVebTlAf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.7&#160;</span></td>
    <td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIRgswmWbaf8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7357">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zDQkO4gDhmef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.0)&#160;</span></td>
    <td id="xdx_98B_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zMlpnzqPLag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7361">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB USA</span></td>
    <td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zOUqn8fgw0Tk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34.5&#160;</span></td>
    <td id="xdx_988_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zM4JIKWxdKf5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.5&#160;</span></td>
    <td id="xdx_987_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zgCZr4gv32N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(330.7)&#160;</span></td>
    <td id="xdx_98C_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zXYvhv6pzip8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7369">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bavaria</span></td>
    <td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zcpZV5J8Cfme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.6&#160;</span></td>
    <td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z4BTUthjO1Bi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7373">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zThf0RdP6bh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.0)</span></td>
    <td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zEDJvJDmfDhk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7377">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zlHZmaIKzXj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.1&#160;</span></td>
    <td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ztMySozLyRhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7381">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zXTUyfy4pfOb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(548.4)</span></td>
    <td id="xdx_984_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ziQbfpeywlck" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7385">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;as&#160;Peruanas&#160;</span></td>
    <td id="xdx_98B_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zax3QJWXdcd2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.4&#160;</span></td>
    <td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zY9LiUNvv6J7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7389">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zooTPyi851t2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(16.6)</span></td>
    <td id="xdx_986_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zFPFHsEdZRpl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7393">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inbev</span></td>
    <td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zqr8EArTJnR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.8&#160;</span></td>
    <td id="xdx_982_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zzicLc4sGAtb" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.4&#160;</span></td>
    <td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zuLSy26VxZR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(26.4)&#160;</span></td>
    <td id="xdx_98D_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZtl87BNrIhi" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7401">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panama&#160;Holding&#160;</span></td>
    <td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zXYn3QuaRHm6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.6&#160;</span></td>
    <td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zk3LDGB25R8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7405">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_ztdMeU6XzfWe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7407">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zNSHXdt8Io8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Others</span></td>
    <td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2W624LhnE82" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;18.7&#160;</span></td>
    <td id="xdx_986_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zDyxeIvoU9w1" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.1&#160;</span></td>
    <td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zb0M8I44wyii" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(44.5)&#160;</span></td>
    <td id="xdx_988_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_ztvk1Ny7O945" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7417">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zRT2RYKcdzhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;155.1&#160;</b></span></td>
    <td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zNXk5Ncj0jM7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;39.0&#160;</b></span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20211231_zNZlQYFVGXU5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,210.7)</b></span></td>
    <td id="xdx_989_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_ztULRiPC3i15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 8pt/115% Times New Roman,serif; margin: 0">(i) The amount represents trading operations (purchase and sale) and reimbursements
between the companies of the group.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 43%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Trade payables</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Trade payables</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ITW International</span></td>
    <td id="xdx_981_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zoYV7NiH1aY8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(343.6)</span></td>
    <td id="xdx_98B_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zTfozJ8YY7t8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(407.9)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231_zmcRtGhTCyUj" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(343.6)</b></span></td>
    <td id="xdx_984_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231_zAqZnrGShPIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(407.9)</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The tables below represent transactions with related
parties, recognized in the income statement:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Company</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Sales and other</b></span></td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other receivables</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Product purchases and other</b></span></td>
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other payables</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net finance cost</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB InBev</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zlhT6lnbX9r6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.1&#160;</span></td>
    <td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zzHVRUkhMzGf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5.2&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z0QGbaOHwJmk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(117.3)</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zRhIM2DXYqJ" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(8.5)</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zqXBYJdvNKF6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;208.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgxieD5fGIt1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7445">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zXjAct2QbYSc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7447">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zpcfawFRrmr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(356.8)</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7451">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7453">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zihJmmr1miuf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7455">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_ztfarhhfhspf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7457">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z0mqGbRUjGZa" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7459">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z3OMXhNInAhg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(18.1)</span></td>
    <td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7463">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzhD24w5gZn4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;25.5&#160;</span></td>
    <td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zPMOieYfpXP5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7467">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zyGAFVxKJVNl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,129.7)</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zuQgd96dxHad" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.2)</span></td>
    <td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_pn5n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7473">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Ambev Peru</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zo26dAgTo4gk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.6&#160;</span></td>
    <td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zoNTNp50ELal" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7477">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zNo8SQQB6lOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7479">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7481">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7483">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bavaria</span></td>
    <td id="xdx_98D_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zNCZQ27xtFc1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;32.0&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zn1G4iStC8Sl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7487">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zubmmT2HjJvc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(56.7)</span></td>
    <td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7491">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7493">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zcGkfW59VlAh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;124.4&#160;</span></td>
    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ze1XvrNDk1f2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7497">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zmK5SRVchILf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,323.6)</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7501">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7503">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zVkWauzHjWG5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.7&#160;</span></td>
    <td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zvregkFmrEXf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7507">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zlAGZCNfW5Gl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(49.6)</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7511">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7513">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">GCC India</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zBNVBBGzJkw" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7515">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zPEG83RehrY7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7517">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zSDh1VwOklta" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7519">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7Jvl14FQo17" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(7.1)</span></td>
    <td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7523">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inbev</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZyuZ9UfKaCg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7525">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_z3i8wc7p7o8g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7527">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zOAwZ7phpN95" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(129.8)</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7531">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7533">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ITW International</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zbQE6YyX70rk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7535">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zFotqsEAkQJ1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7537">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z1mLEoc91Hok" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7539">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7541">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z0kNCeNA0Sah" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;37.3&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other</span></td>
    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zZfcnv2N6wu7" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;84.8&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zTJbgU3PLOU7" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;9.6&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zWNzvVA1Xvag" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(87.2)</span></td>
    <td id="xdx_985_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_pn6n5" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7551">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zLBIXMSmdoq6" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231_znoHXCbDgHvc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;269.1&#160;</b></span></td>
    <td id="xdx_98F_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_zuUVh1ebrQfe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;14.8&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231_zSpKvRMmEWJl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,250.7)</b></span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_ztZKUZJONVsk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(36.9)</b></span></td>
    <td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231_zSWhA24Rfn9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;247.9&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Company</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Sales and other</b></span></td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other receivables</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Product purchases and other</b></span></td>
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other payable</b></span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB InBev</span></td>
    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zn8CO5gfWEz9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.7&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zaFP8XnXCYI" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7567">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zMXvKrr3iZxi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(180.3)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zN1QKwgthWFg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(10.7)</span></td>
    <td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zb4nSRPKnTda" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7573">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_ztIV4Rjtutge" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7575">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z5AD705Lgn2h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7577">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zc6LnSbTkMNc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(286.7)</span></td>
    <td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z39v90AkU5y9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7581">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zQkYo3rx4Qpj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7583">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDnxwinQONia" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7585">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zxuX03FfIaRl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7587">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zOsFKYkff3ie" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7589">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpqBDj9MkOoh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(16.1)</span></td>
    <td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zelIUiQqGwml" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7593">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkdSKqWsQAS4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;32.1&#160;</span></td>
    <td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zR6acmaxz8ca" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7597">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zBGkmGigMmH9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,209.9)</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUmV9PI3Tc98" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.9)</span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zNctGdZjX6f7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.3&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Ambev Peru</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zCSxu4dI53Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.2&#160;</span></td>
    <td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zjedWkOqZhF4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7607">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z9UtsuQfl8Bl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7609">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zBxUjZuYWzM3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7611">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z1RZhx3vu5Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7613">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bavaria</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zIohmnf4cR91" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;30.9&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zhJaLQvf4pR5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7617">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zu7yf9IQUnBj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(57.0)</span></td>
    <td id="xdx_98C_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z9qT0ps4uGe1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7621">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zmRezQ9Ou9wg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7623">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1NzGt3mCpqi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.8&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z7Pwv6PJP0Z" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7627">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z2GgAUmUGN2k" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,708.2)</span></td>
    <td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zwyfNj55DhIb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7631">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z8TbDsCJs2B9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7633">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_z7gqE85nzU1h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.2&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zyHOIHSTAx7h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7637">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zJGZYfNKCnI9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(32.9)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zRTCM18J9Dkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7641">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOhM2gZPBvYc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7643">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">GCC India</span></td>
    <td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zasXwgnoV6l7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7645">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zyRKTIrp4DH6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7647">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z0ArqXTh7Kld" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7649">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z1j2NO9TYud8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(8.2)</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_ziAhqjYVTOva" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7653">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inbev</span></td>
    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlLXBI7jHPxk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7655">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcx2fCkMgxKh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7657">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zbaHVdLjkbJ3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(107.9)</span></td>
    <td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcHZ4BXq50L1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7661">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsTFeStj5lzi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7663">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ITW International</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zR4wgsukAJI1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7665">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zfQpRuWCbC22" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7667">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zsjLnH3HfDAf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7669">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zOMKJVFrLXwc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7671">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zjP8FQ68PjN8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;42.2&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other</span></td>
    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zK2lxuqIHYBi" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;19.5&#160;</span></td>
    <td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zeLL6McLRxD9" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.6&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zYFHpL8Zyb8" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(143.0)</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z8nh6s28T0o" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7681">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zwUvZTINwN06" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7683">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zuBSboyQSdF3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;90.4&#160;</b></span></td>
    <td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zDayGqwRllVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;3.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zZl6JAu2P6yc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,725.9)</b></span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zmbOHqm6wDD1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(38.9)</b></span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231_zEUx1vI9Fbec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;42.5&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Company</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Sales and other</b></span></td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other receivables</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Product purchases and other</b></span></td>
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other payables</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net finance cost</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB InBev</span></td>
    <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zo8PsmuQIzW6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.3&#160;</span></td>
    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zVZjQgu9LoY3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7697">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zuRiQkTU5Ac7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(80.6)</span></td>
    <td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zAtwZLlBFf3d" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.9)</span></td>
    <td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zpfQf1KF0ac4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7703">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zulYTAcVuxrb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7705">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUmsJVC2i5M3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7707">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgqlOcvnWjOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(159.2)</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z2g3hWKsw9J2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7711">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zudwaMFWE5z5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7713">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zLY5Z8yhV4A6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.2&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpFqTAqx4myh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7717">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNiINHeO0rN" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.6)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDOkHmfrpwfk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(17.3)</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNC86kjEaPv" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7723">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzcZK7de4Q18" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;35.2&#160;</span></td>
    <td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUayry8i2Mkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7727">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkVXV9JX0PPk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(977.0)</span></td>
    <td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_z3zjkdv2J9wc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.2)</span></td>
    <td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zalELH3Lueud" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7733">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bavaria</span></td>
    <td id="xdx_98A_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zkpn1VrFgfQ2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;26.1&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zbNtqZO5xWw8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7737">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zOwRgaUqzdvh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(48.0)</span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zwM3VO5btdV4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7741">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zeWBoeKusdTi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7743">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zxInVMf3Bp01" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.1)</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zikbPzAwiHF9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7747">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zEkdvfL1g4og" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,269.6)</span></td>
    <td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zVvqiMUzt1W7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7751">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z6aO7rM0SEr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7753">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zGbFP3lYbyJ6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;13.3&#160;</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zNStBsIUiFE1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7757">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsZAticbtESf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(40.3)</span></td>
    <td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zBlmWVea7DU4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7761">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zn5qnV9OqAjj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7763">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">GCC India</span></td>
    <td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zOIaN3DmQl57" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7765">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7ULZczqzeZi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7767">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zmo3fEHf1zPg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7769">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="background-color: rgb(204,238,255)">
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsNnx531axm9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(102.3)</span></td>
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    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlpUfe6loR5g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7783">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
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    <td id="xdx_98A_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zshKhzVDEp56" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7787">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zun4cXDfso6j" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7789">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zyMcpqkoHnU7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7791">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zQkq54xIj9uc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;10.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Oriental Brewery</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zOhGkBiimih2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2.0&#160;</span></td>
    <td id="xdx_98A_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zr9uke9kpue8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7797">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zPAPwbbt7Jy9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7799">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_z224LHCIOgHa" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7801">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zdOFmrjtzYnc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7803">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
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    <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zm9IPh6ngJS9" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;22.1&#160;</span></td>
    <td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z81dZDb3Cqrd" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.2&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zoEcDUbFR43d" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(83.9)</span></td>
    <td id="xdx_982_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zpoFDksY17Aa" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7811">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zsXfinxQEDW4" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231_zW9Tw2ceIcn" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;98.2&#160;</b></span></td>
    <td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231_z3BDLPur5jl7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;0.2&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231_zznHEeLkIlSa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,761.5)</b></span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231_zCEmw5SZXBO9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(37.7)</b></span></td>
    <td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231_zsdPgPplZS32" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;12.0&#160;</b></span></td></tr>
  </table>
<p id="xdx_8AE_zgdpZ27BBPI7" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>






<p style="font: 12pt Times New Roman,serif; margin: 0"><span style="text-decoration: underline">List of companies included in the tables above</span>:</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 100%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">AB InBev Procurement GmbH (&#8220;AB Procurement&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Ambrew S.A.R.L. (&#8220;Ambrew&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Inbev Africa (Pty) Ltd. (&#8220;AB Africa&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch InBev N.V. (&#8220;AB InBev&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Inbev Services LLC (&#8220;AB Services&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Inbev USA LLC (&#8220;AB USA&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Anheuser-Busch Packaging Group Inc. (&#8220;AB Package&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Bavaria S.A. (&#8220;Bavaria&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Cervecer&#237;a Modelo de Mexico S. de R.L. de C.V. (&#8220;Cervecer&#237;a Modelo&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Cervecer&#237;a Nacional S de RL (&#8220;Panam&#225; Holding&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Compa&#241;ia Cervecera Ambev Peru S.A.C. (&#8220;Ambev Peru&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">GCC Services India Private Ltd. (&#8220;GCC India&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Inbev Belgium N.V. (&#8220;Inbev&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Interbrew International B.V. (&#8220;ITW International&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Oriental Brewery Co. Ltd. (&#8220;Oriental Brewery&#8221;)</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 11.5pt">Uni&#243;n de Cervecerias Peruanas Backus Y Johnston S.A.A. (&#8220;Cervecer&#237;as Peruanas&#8221;)</span></td></tr>
  </table>
<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450470752">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>GROUP COMPANIES<br></strong></div></th>
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<p style="font: 12pt Times New Roman,serif; margin: 0 0 0 22.95pt; text-align: justify; text-indent: -22.7pt">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">List of most significant fully consolidated companies:</p>

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    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A CHILE S.A.</p>
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    <p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">CERVECER&#205;A NACIONAL S. DE R.L.</p>
    <p style="font: 12pt/115% Times New Roman,serif; margin: 0">Avenida Ricardo J. Alfaro, Corregimiento de Betania, Distrito de Panam&#225;</p></td>
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<p id="xdx_8A9_zOvcmX4TJpLj" style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2022-03-24<br> -Paragraph 16<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B4<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B4_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450337984">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INSURANCE<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InsuranceAbstract', window );"><strong>Insurance</strong></a></td>
<td class="text">&#160;<span></span>
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<td style="width: 3%"><span style="font-size: 12pt"><b>33.</b></span></td><td><span style="font-size: 12pt"><b><span id="f_038"/><span id="xdx_820_z8bwm3nkdM52">INSURANCE</span></b></span></td></tr></table>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company has a program of risk management requiring
it to obtain insurance coverage compatible with its size and operations. Coverage was contracted at amounts considered sufficient by management
to cover possible losses, considering the nature of the Company&#8217;s activities, the risks involved in its operations and the guidance
of its insurance advisors.</p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2022-03-24<br> -Section Disclosure<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2022-en-b&amp;doctype=Standard&amp;book=b&amp;dita_xref=IFRS04_g36-39M__IFRS04_g36-39M_TI<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2022-03-24<br> -Section Disclosure<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2022-en-r&amp;doctype=Standard&amp;dita_xref=IFRS17_g93-132__IFRS17_g93-132_TI<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448103632">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(a)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86E_zSZQVPWGa5t">Basis of preparation and measurement</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"><span style="color: windowtext">The financial
statements are presented in </span>millions <span style="color: windowtext">of Brazilian Reais (&#8220;R$&#8221;), unless otherwise indicated,
rounded to the nearest million. The measurement basis used in preparing the financial statements is the historical cost, net realizable
value, fair value or recoverable amount.</span></p>

<span></span>
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<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(b)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86B_zDfkfABorj1g">Recently issued IFRS</span></b></span></td></tr></table>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The revised standards and new standards, which
became effective in 2022 are not applicable or did not have any material impact for the Company for the preparation of these
consolidated financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Other Standards, Interpretations and Amendments to
Standards </b></p>

<p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">There are no other Standards, Interpretations and/or
Amendments to Standards that are not in force and that the Company expects to have a material impact resulting from their application
in the consolidated financial statements.</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock', window );">Consolidated financial statements</a></td>
<td class="text"><p id="xdx_843_ecustom--DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock_zsw32HMaaBc3" style="font: 12pt/115% Arial,sans-serif; margin: 0"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(c)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_860_zsOf9V94oOvd">Consolidated financial statements</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The financial statements of subsidiaries, joint arrangements
and associates used in these consolidated financial statements are prepared for the same reporting period as Ambev, using a consistent
accounting policy.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">All intercompany transactions, balances and unrealized
gains or losses on transactions between group companies have been eliminated.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Subsidiaries</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company controls an entity when it is exposed to
or has rights to variable returns due to its involvement with the entity, and it is able to affect those returns through its power over
the entity. When assessing control, potential voting rights are considered. Control is presumed to exist where the Company owns, directly
or indirectly, more than half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated
that such ownership does not confer control.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Subsidiaries are consolidated from the date on which
control is obtained by the Company, except when the predecessor basis of accounting is applied to transactions of business combinations
under common control. Consolidation is discontinued from the date on which control ceases.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Ambev uses the purchase method to account for its business
combinations. The consideration transferred for the acquisition of a subsidiary represents the fair value of the assets transferred, the
liabilities incurred, and the equity interest issued by Ambev.</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The consideration transferred includes the fair
value of any asset or liability resulting from a contingent consideration agreement, when applicable. Costs related to the
acquisition are recognized in income as they are incurred. Assets, liabilities and contingent liabilities acquired or assumed in a
business combination are recognized initially at their fair value as at the acquisition date. Ambev recognizes the non-controlling
interest in the acquiree, either at its fair value or at the non-controlling interest&#8217;s proportional share of the net assets
acquired. The measurement of the non-controlling interest to be recognized is determined for each acquisition.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The excess of: (i) the consideration paid; plus (ii)
the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any
previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired, at the date of acquisition, is
recorded as goodwill. When the consideration transferred is less than the fair value of the net assets acquired, the difference is recognized
directly in income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">All intercompany transactions, balances and unrealized gains
and losses on transactions between group companies have been eliminated. Unrealized losses are eliminated in the same way as unrealized
gains, but only to the extent that there is no evidence of impairment.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Associates</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Associates are companies which the Company has significant
influence over the financial and operational policies but does not control.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The list of main associates and subsidiaries are disclosed
in note 32 - <i>Group Companies</i></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Joint arrangements</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Joint arrangements are all entities over which the Company
shares control with one or more parties. Joint arrangements are classified either as joint operations or joint ventures depending on the
contractual rights and obligations of each investor.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Business combination between entities under common
control</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">Business combinations between entities
under common control have not been addressed under IFRS how they should be disclosed remains unclear. IFRS 3 - <i>Business Combinations
</i>is the standard applicable to business combinations, but its scope explicitly excludes business combinations between entities under
common control, thus, in evaluating transactions of this nature, Management&#8217;s judgment is required to adequately reflect the essence
and economic reality of each transaction.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"><b>i) Predecessor basis of accounting</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">In accordance with IAS 8, Management has
adopted the predecessor basis of accounting, which is consistent with United States Generally Accepted Accounting Principles (&#8220;USGAAP&#8221;)
and United Kingdom Generally Accepted Accounting Principles (&#8220;UKGAAP&#8221;), to record the carrying amount of the asset received,
as recorded by the parent company.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Under the predecessor basis of accounting, when accounting
for a transfer of assets between entities under common control, the entity that receives the net assets or the equity interests (the acquirer)
shall initially record the assets and liabilities transferred at their parent book value as at the transfer date. If the book value of
the assets and liabilities transferred by the parent is different from the historical cost recorded by the controlling entity of the entities
under common control (the ultimate parent), the financial statements of the acquirer shall reflect the assets and liabilities transferred
at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the carrying value adjustments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>ii) Assets Swap</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For transactions between entities under common control
that involve the disposal or transfer of assets from the subsidiary to its parent company (i.e. above the level of the consolidated financial
statements), the Company assesses the existence of: (i) any conflicts of interest; and (ii) the economic substance and purpose of the
transaction. Having fulfilled these assumptions, the Company adopted as a policy the concepts of IAS 16 in order to provide adequate visibility
and a fair impact on the amount of distributable results to its shareholders, specially the non-controlling interest. This policy also
includes assets acquired through the swapping of non-cash assets, or swaps with a combination of cash and non-cash assets. The assets
swapped may be of the same or a different nature. The cost of such assets is measured at fair value, unless: (i) the swap transaction
is not commercial in nature; or (ii) the fair value of the asset received (and the asset assigned) cannot be reliably measured. The acquired
asset is measured in this way even if the assignor entity cannot immediately remove the asset from its books. If the acquired asset is
not measurable at fair value, its cost is determined based on the book value of the assigned asset.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Whenever assets distributed are not recorded as cash, the
asset, before distribution, is recorded at its fair value in the income account. This procedure is applicable to distributions where the
assets are of the same nature and therefore can be treated equally. However, similarly to IFRIC 17, in the absence of a specific accounting
practice for transactions under common control, the Company applies these procedures as part of its accounting practices. We also apply
the same procedures to sales (products, supplies, etc.) to its controlling entity, where the positive result of the sale is recognized
in income.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory', window );">Foreign currency translation</a></td>
<td class="text"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_z1MIAztWOkkg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(d)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_863_zCLwIficXUd6">Foreign currency translation</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 46.75pt 0 76.55pt; text-align: justify; text-indent: -76.55pt">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Functional and presentation currency</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The items included in the financial statements of each
subsidiary of the Company are measured using the currency of the primary economic environment in which the entity operates (the &#8220;functional
currency&#8221;).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The functional and presentation currency of the Company
financial statements is the Brazilian Real.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Transactions and balances</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Foreign currency transactions are accounted for at the
exchange rates prevailing as at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated
using the balance sheet date rate. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign
exchange rate prevailing as at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies stated
at fair value are translated at the exchange rate in force as at the date on which the fair value was determined. Gains and losses arising
from the settlement of transactions in foreign currencies and resulting from the conversion of assets and liabilities denominated in foreign
currencies are recognized in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Foreign exchange gains and losses related to loans and
cash and cash equivalents are presented in the statement of income as finance expenses or finance income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Conversion of the financial statements of subsidiaries located abroad</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Assets and liabilities of subsidiaries located abroad
are translated at the foreign exchange rates prevailing at the balance sheet date, while amounts from the income statement and cash flow
are translated at the average exchange rate for the year, and changes in equity are translated at the historical exchange rate of each
transaction. Translation adjustments arising from the difference between the average exchange rates and the historical rates are recorded
directly in carrying value adjustments.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Upon consolidation, exchange differences arising from
the translation of equity in foreign operations and borrowing and other currency instruments designated as net investment hedges are recognized
in carrying value adjustments, an equity reserve, and included in other comprehensive income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Even when recorded in the acquiring entity, the goodwill
and fair value adjustments arising from the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity
and are translated at the foreign exchange rate at the balance sheet date.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Net investments in foreign operations</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">An entity may have a monetary item receivable from or
payable to a foreign operation, the settlement of which is neither planned nor likely to occur in the foreseeable future, and which does
not include trade receivables or trade payables. Exchange differences arising shall be recognized initially in other comprehensive income
and reclassified from equity to profit or loss upon the disposal of the net investment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Financial reporting in hyperinflationary economies</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">Under IAS 29, the non-monetary assets and liabilities,
the equity and the income statement of subsidiaries operating in hyperinflationary economies are restated to reflect changes in the general
purchasing power of the local currency by applying a general price index. The financial statements of an entity whose functional currency
is the currency of a hyperinflationary economy, whether using the historical costs approach or the current costs approach, shall be stated
in terms of the unit of measurement in force at the end of the reporting period, and translated into Reais at the closing rate for the
period.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Exchange rates</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The most significant exchange rates used for the preparation
of the Company&#8217;s financial statements are as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_pn5n6_zyBdoKLTICMl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Significant Exchange Rates (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B1_zEnxg99tLybk" style="display: none">Schedule of exchange rates</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Closing rate</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Currency</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Name</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Country</b></span></td>
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    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
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    <td style="border-bottom: black 1.5pt solid; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
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  <tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">CAD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canada</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zi7BimUtWvO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.8540&#160;</span></td>
    <td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zBlA5Pmqwf22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.3914&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zrQItQhd565c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.0791&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zQH3bsWltl0d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.9807&#160;</span></td>
    <td id="xdx_989_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zFWFzuVjZe3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.2960&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zXtdXsR9Dbe9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.6414&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">DOP</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican republic</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_ztA7UeCXTbJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0925&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zwn5AodgMVH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0970&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zAJv5r4ko3h3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0891&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_z7ioMFwf5NJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0937&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zSZKMyiaw9Pd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0938&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zRGYwqkA0Hj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0885&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">USD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panam&#225; and Cuba</span></td>
    <td id="xdx_985_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_z0ZEbFSvUmEk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.2177&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zkeMH0RxS6Ji" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.5805&#160;</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zBtpSBOeKav7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.1967&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zx3wvrAppGGd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.1644&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zsCkatDgbO3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.3687&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zyVEC1OhJsCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.9348&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">GTQ</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Quetzal</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guatemala</span></td>
    <td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zCURG35pP0rk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6623&#160;</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zyoexf1LC4p5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7201&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zd2zkg83Eci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6700&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zFhS5EoVK9m3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6649&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zwyMY1qLFwH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6954&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_z3WPJxG65KT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6405&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ARS</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentinean Peso&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentina</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zylWLlVSXDa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0295&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zPEeciaXVoy3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0543&#160;</span></td>
    <td id="xdx_984_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zWeyJBSJ7e7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0618&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zHEYHtPTwtoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0403&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgkwh3UdJzCa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0568&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgN3g0DKvXr" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0750&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">BOB</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivian Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivia</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zBz4sXP8V9Df" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7497&#160;</span></td>
    <td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zbZlXVA3yDe6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.8018&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zsNzHQY9D5J6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7467&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zVN6OSBkl2ee" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7420&#160;</span></td>
    <td id="xdx_985_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zMtJ8LjYOOT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7714&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zke75CRqTBY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7090&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">PYG</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guarani</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Paraguay</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zMEbH61vsw1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zaXvytr4S1Sj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0008&#160;</span></td>
    <td id="xdx_983_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zsw1PNeveGzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_z0ll1VugHQmg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIF4OT8fEMR6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0008&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIUCmGn2IImi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">UYU</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguayan Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguay</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zPQRG0HOaLx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1302&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zQ4pnjnXvjMd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1249&#160;</span></td>
    <td id="xdx_98D_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zqmxHVXoFAyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1227&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zY8UeRCFeYw4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1253&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zbaaqDNfxiWj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1236&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zSSokHVpDael" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1218&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">CLP</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Chilean Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Chile</span></td>
    <td id="xdx_987_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zK6v1qxBeOwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0061&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zDv8Icr2Mqk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0066&#160;</span></td>
    <td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zrjoSAEN3fCh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0073&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zg0unEmLab8c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0059&#160;</span></td>
    <td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_z7gD6RaZmk44" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0071&#160;</span></td>
    <td id="xdx_982_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zOknUNBSP1r" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0062&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">BBD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Barbadian Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Barbados</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zD75x5BHcON5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.5721&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zlqMmT2AACc9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.7510&#160;</span></td>
    <td id="xdx_98B_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zBbDd8Ku2842" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.5618&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zOEQuIBd6Mp6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.5458&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zgDIhJOSualj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.6465&#160;</span></td>
    <td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_z4quXWOKXRn8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.4326&#160;</span></td></tr>
  </table>
<p id="xdx_8A6_zA1wuxfda8ug" style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue', window );">Segment reporting</a></td>
<td class="text"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zaUKyhizArj1" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(e)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86B_zGUHXU4GLhX1">Segment reporting</span></b></span></td></tr></table>

<p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Reportable segments are identified based on the internal
reporting regularly reviewed by the chief operating decision maker of the Company, the Chief Executive Officer, for the purpose of evaluating
the performance of each segment and allocating resources to those segments. Accordingly, segment information is presented by geographical
area, since the risks and rates of return are affected predominantly by the fact that the Company operates in different regions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Performance information by business unit (Beer and Non-alcoholic
beverages (&#8220;NAB&#8221;)), is also presented to the Company&#8217;s chief decision maker and is disclosed as additional information,
even though it does not qualify as a segment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company conducts its operations across four business
segments, as follow:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Brazil, where the Company operates two business
subunits: (i) beer and (ii) non-alcoholic beverages (NAB);</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Central America and Caribbean (&#8220;CAC&#8221;),
which includes direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador,
Nicaragua and Honduras), Barbados and Panama;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Latin America South (LAS), which includes operations
in Argentina, Bolivia, Chile, Paraguay and Uruguay; and</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Canada, represented by the operations of Labatt
Brewing Company Ltd.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RevenueRecognitionPolicyTextBlock', window );">Revenue recognition</a></td>
<td class="text"><p id="xdx_84E_ecustom--RevenueRecognitionPolicyTextBlock_z8bfwIZtELQg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(f)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86E_zwlU8ZsdZwQh">Revenue recognition</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes revenue when the amount of revenue
can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the Company, as described
below.</p>

<p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue represents the fair value of the amount received
or receivable upon the sale of products or the rendering of services in the ordinary course of business. Revenue is presented net of taxes,
returns, rebates and discounts, as well as net of the elimination of sales between group companies.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Goods sold</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Revenue is measured based on the consideration which the
Company expects to have the right to receive in contracts with customers and excludes amounts collected on behalf of third parties.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue recognition is based on the five-step approach
of IFRS 15 - &#8220;Revenue from Contracts with Customers&#8221;:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Identification of the contract with a customer;</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 21.3pt; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Identification of the performance obligations in the contract;</span></td></tr></table>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Determination of the transaction price;</span></td></tr></table>

<p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 36pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Allocation of the transaction price to the performance obligations in the
contracts; and</span></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 3.3pt"/><td style="width: 18pt"><span style="font-family: Symbol; font-size: 12pt">&#183;</span></td><td style="text-align: justify"><span style="font-size: 12pt">Revenue recognition when the performance obligations have been satisfied,
meaning when the company transfers control of a product to a customer.</span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Revenue from the sale of goods is measured at the amount
that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant
variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. These
trade incentives are treated as variable considerations. If the consideration includes a variable component, the company estimates the
amount of consideration to which it will be entitled for transferring the promised goods or services to the customer. A variable consideration
is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant
future reversals when the respective uncertainty is resolved.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Finance income</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Finance income consists of interest received or receivable
on funds invested, monetary updates arising from legal disputes, foreign exchange gains, gains on currency hedging instruments intended
for offsetting currency losses, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial
assets classified as at fair value through profit or loss, and as any gains due to hedge ineffectiveness.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Interest income is recognized on an accruals basis unless collectability is in
doubt.</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory', window );">Expenses</a></td>
<td class="text"><p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForExpensesExplanatory_zOQuARZan3Kb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(g)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_860_z5ykyQJUCbF1">Expenses</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Finance expenses</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Finance expenses comprise interest payable on borrowing,
calculated using the effective interest rate method, present value adjustment for trade payables, foreign exchange losses, losses on
currency hedging instruments intended for the offsetting of currency gains, results on interest rate hedging instruments, losses on hedging
instruments that are not part of a hedge accounting relationship, losses on financial assets classified as held for trading, impairment
losses on financial assets classified as available for sale, and any losses due to hedge ineffectiveness.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">All interest costs incurred in connection with borrowing
or financial transactions are expensed as incurred as part of finance expenses, except when capitalized. Any difference between the initial
amount and the maturity amount of interest-bearing loans and borrowing, such as transaction costs and fair value adjustments, are recognized
in the income statement over the expected life of the instrument based on the effective interest rate method. The interest expenses component
of finance lease payments is also recognized in the income statement using the effective interest rate method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Royalty expenses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Royalties are classified as cost of goods sold.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForExceptionalItemsExplanatory', window );">Exceptional items</a></td>
<td class="text"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForExceptionalItemsExplanatory_zIxm7qw063Tb" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(h)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_zQPlFtUaejC7">Exceptional items</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Exceptional items are those that, because of their peculiarities,
in Management&#8217;s judgment need to be disclosed separately. In determining whether an event or transaction is exceptional, Management
considers quantitative as well as qualitative factors such as the frequency or predictability of occurrence, and the potential impact
on the variations in profit or loss. These items are disclosed in the income statement or separately disclosed in the notes to the financial
statements. Transactions that may give rise to exceptional items are principally restructuring activities, amnesties,&#160;acquisitions
of subsidiaries, impairment losses, and gains or losses on disposal of assets and investments.</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory', window );">Income tax and social contribution</a></td>
<td class="text"><p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForIncomeTaxExplanatory_z57BH14X0LMe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(i)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86D_zycBokshiFql">Income tax and social contribution</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Income tax and social contribution for the year comprises
current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless they relate to items recognized
directly in comprehensive income or other equity accounts. In these cases, the tax effect is also recognized directly in comprehensive
income or equity account (except interest on shareholder&#8217;s equity. See Note 3 (q)).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The current tax expense is the expectation of payment
on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet date, and any adjustment to
tax payable in respect of previous years.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Deferred taxes are recognized using the balance sheet
liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible temporary differences
between the tax and accounting basis of assets and liabilities. Under this method, a provision for deferred taxes is also calculated
on the differences between the fair value of assets and liabilities acquired in a business combination and their tax basis. IAS 12 prescribes
that no deferred tax liability on goodwill recognition, and no deferred tax asset/liability is recorded: (1)&#8239;at the initial recognition
of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting
nor taxable profit or loss and (2) on differences related to investments in subsidiaries to the extent that they are not reversed in
the foreseeable future. The amount of deferred tax provided is based on the expectation of the realization or settlement of the temporary
difference, using currently or substantially enacted tax rates. Deferred tax assets and liabilities are offset if there is a legally
enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the
same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis,
or to realize the assets and settle the liabilities simultaneously.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The deferred tax asset is recognized only to the extent
that it is probable that future taxable profits will be available. The deferred income tax asset is reduced to the extent that it is no
longer probable that the future taxable benefit will occur.</p>




<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Furthermore, the Company applies the provisions of IFRIC 23
- Uncertainty on the Treatment of Income Taxes, in relation to the treatments that affected the calculation of income taxes (uncertain
tax treatments), as disclosed in note 30 &#8211; <i>Contingencies</i> &#8211; Uncertainties about treatment of IRPJ and CSLL.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory', window );">Property, plant and equipment</a></td>
<td class="text"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zJxmcbHtQkm4" style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(j)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86C_zJmmmn8t5uZ7">Property, plant and equipment</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Property, plant and equipment are measured at cost less
accumulated depreciation and impairment losses. The cost includes the purchase price, borrowing costs incurred during the construction
period and any other costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of
operating in the manner intended by management (e.g. nonrefundable tax, transportation and the costs of dismantling, removal and site
restoration, if applicable). The cost of a self-constructed asset is determined using the same principles as an acquired asset. The depreciation
methods, residual value, and the useful lives are reassessed and adjusted if appropriate, on an annual basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Borrowing costs directly attributable to the acquisition,
construction or production of qualifying assets are capitalized as part of the cost of such assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Land is not depreciated since it is deemed to have an indefinite useful life.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">Property, plant and equipment, and depreciation include the effects of using
the predecessor basis of accounting (Note 3 (c)).</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Subsequent expenditure</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes in the carrying amount of an item
of property, plant and equipment the cost of replacing a component of such an item if it is probable that the future economic benefits
of the component will flow to the Company and the cost of the component can be measured reliably. All other costs are expensed as incurred.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Depreciation</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The depreciable amount is the cost of an asset less its
residual value. The residual values, if significant, are reassessed annually. Depreciation is calculated from the date on which the asset
is available for use, using the straight-line method over the estimated useful lives of the assets. The right-of-use assets are depreciated
over the term of each contract.</p>






<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The estimated useful lives of the major classes of property,
plant and equipment are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_pn5n6_z9NgQXrjSfa2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Major Property, Plant and Equipment (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span id="xdx_8B0_zHVaNVQUfB7" style="display: none">Schedule
    of estimated useful lives</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; width: 73%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Buildings</span></td>
    <td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_908_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_z6E5TlAj443j" title="Property, plant and equipment, useful life">25</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Plant and equipment</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember_zaBVBd6rK1n8" title="Property, plant and equipment, useful life">15</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Fixtures </span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_907_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FixturesMember_zFMwgKQdX3G1" title="Property, plant and equipment, useful life">10</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Fittings</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"><span id="xdx_906_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FittingsMember_zGniQiiQSZ44" title="Property, plant and equipment, useful life">10</span> years</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">Assets for external use / commercial assets</span></td>
    <td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"><span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%">&#160;<span id="xdx_90A_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zihAAxKoXy64" title="Property, plant and equipment, useful life">2</span> - <span id="xdx_909_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zd6wDoUbWehe" title="Property, plant and equipment, useful life">5</span> years</span></td></tr>
  </table>
<p id="xdx_8A3_z8QQiYX3waVh" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The assets&#8217; residual values and useful lives are
reviewed when necessary. Management uses its judgment to assess and ascertain the useful lives of these assets.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Gains and losses on sale</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Gains and losses on sales are determined by comparing
the results with the carrying amounts and are recognized in other operating income/(expenses) in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Leases</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">With the adoption of IFRS 16 &#8211; <i>Leasings</i>,
the Company began to recognize a right-of-use asset and a liability at the date of the beginning of the lease term.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company recognizes the right-of-use asset and a
corresponding lease liability related to all lease contracts which is the lessee, except for short-term leases (defined as leases
with terms of <span id="xdx_907_esrt--MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1_dtM_c20220101__20221231_zMf9sOkY1Km4" title="Lease term">12</span>-month
or less) and leases of low value assets, that comprehend goods with value equal or below US$<span id="xdx_901_eifrs-full--RightofuseAssets_iI_pn5n6_uUSD_c20221231_z9QfkWFNz672" title="Right of use asset">5,000.00</span>.
To these leases, the Company recognizes the lease payments as operating expense during the lease course.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Currently, the main leases by the Company are related
to trucks, forklifts, real estate, commercial vehicles and industrial equipment contracts.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The lease liability is initially measured at lease
payments present value, discounted by using the rate implicit in the lease. If the rate cannot be promptly determined, the Company
uses its incremental loan rate specific for the country, deadline and currency of the contract or other local criteria.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Lease payments include fixed payments, less any lease
incentives, variable lease payments that depend on an index or known rate at the commencement date, and purchase options or extension
options payments if the Company is reasonably certain to exercise these options. All contracts establish an annual readjustment of payments
according to the rates established in the contract.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A lease liability is remeasured upon a change in the
lease term or on the future payments and the corresponding adjustment is also made in right-of-use assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies IAS 36 to determine if right-of-use
asset are subject to impairment and to record eventual losses by impairment.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The lease liability is disclosed in the &#8220;Interest-bearing
loans and borrowing&#8221; line and the right-of-use assets are disclosed in the &#8220;Property, plant and equipment&#8221; line of the
balance sheet.</p>


<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory', window );">Goodwill</a></td>
<td class="text"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForGoodwillExplanatory_zdbIfko24jdb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(k)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_z0vwo8MjOBpa">Goodwill</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill arises on acquisitions of subsidiaries, associates,
and joint arrangement and it is determined as the excess between the sum of (i) the consideration paid in exchange for control of the
acquiree; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition
date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired and liabilities assumed,
measured in accordance with IFRS 3 - &#8220;Business Combinations&#8221; as at the date of acquisition. All business combinations are
accounted for using the purchase method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In compliance with IFRS 3 - &#8220;Business Combinations&#8221;,
goodwill is carried at cost and not amortized, but is tested for impairment at least annually, or whenever there are indications that
the cash generating unit (&#8220;CGU&#8221;) to which the goodwill has been allocated could be impaired. Impairment losses recognized
on goodwill are not reversed. Gains and losses on the disposal of an entity include the carrying amount of goodwill relating to the entity
sold.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill is expressed in the functional currency of the
CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">If the Company&#8217;s interest in the net fair value
of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business combination, such excess
is recognized immediately in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Expenditure on internally generated goodwill is expensed as it is incurred.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Goodwill includes the effects of applying the predecessor basis of accounting (Note
3 (c)).</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For associates and joint ventures, goodwill is included
in the carrying amount of the investment in the associate/joint venture.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>








<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory', window );">Intangible assets</a></td>
<td class="text"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_zZS1Cz5dvej1" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(l)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_866_zUYaUH8Zj2E5">Intangible assets</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Brands</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a portion of the consideration paid in a business
combination relates to brands, this is recognized in a specific intangible assets account, and measured at fair values as at the acquisition
date. Subsequently, the value of brands can be reduced in the case of impairment losses. Internally generated expenditure for brand development
is recognized within expenses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Software</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Purchased software is measured at cost less accumulated
amortization. Amortization related to software is included in the cost of sales, commercial expenses or administrative expenses, based
on the business activity which the software is intended to support.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The expenditures related to software maintenance
are recognized as expense, as incurred. The expenditures with development, as the expenditures with employees allocated in software
development, which are directly attributed to identifiable and exclusive software, controlled by the Company, are recognized as
intangible assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Commercial intangibles</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company records supply rights, which consists in
the Company's right to supply a customer and the customer's commitment to purchase the Company's products, and distribution rights which
are the rights to sell specific products in a certain territory.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Other intangible assets</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Other intangible assets, acquired by the Company, including
multi-year sponsorship rights, are measured at cost less accumulated amortization and impairment losses.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Amortization</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Intangible assets with definite useful lives are amortized
on a straight-line basis over their estimated useful lives. Licenses, supply, and distribution rights are amortized over the period for
which the rights exist, based on the contract terms, which vary, in general, from 1 to 8 years. Brands are considered to have indefinite
lives, and therefore, are not amortized. Software and capitalized development costs related to technology are amortized over a period
of 3 to 5 years.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">Items that are not amortized are tested for impairment on an annual basis.</p>






<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Gains and losses on sale</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Net gains on sale of intangible assets are presented
in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses
are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable,
the associated costs can be estimated reliably.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock', window );">Recognition of assets and liabilities relating to extemporaneous tax debits or credits</a></td>
<td class="text"><p id="xdx_845_ecustom--DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock_zeIawALtSWka" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><b>(m) <span id="xdx_866_zC0FGNkSlbw8">Recognition of assets
and liabilities relating to extemporaneous tax debits or credits</span></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The accounting policy applied by the Company considers
the extemporaneous tax credits and&#160;debits of any nature as determined by IAS 37 - <i>Provisions, Contingent Liabilities and Contingent
Assets</i>, except for income taxes, which the Company applies the policy disclosed in item (i) &#8211; <i>Income tax and social
contribution</i> of this note.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Credits are recognized only when Management has elements
that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient reliability to enable
it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be reliably measured, the
amounts are not recognized in the account, but presented in Note 30 - <i>Contingencies</i> related to contingent assets. Management understands
that, in cases of lawsuits involving contingent assets, a final and unappealable decision on the specific lawsuit of the Company is required
to confirm the existence of its rights, except where specific circumstances pertinent to the case allow the recognition of its rights
with sufficient objectivity and reliability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Debits are recognized only when (i) these are based on
a past event; (ii) there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will
be required; and (iv) the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot
be sufficiently reliably measured, the amounts are presented in Note 30 - Contingencies.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Contingent assets and liabilities are assessed periodically
to ensure that they are appropriately reflected and disclosed in the financial statements.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From October 1, 2020, the accounting policy for the recognition
of assets and liabilities of <span style="color: black">extemporaneous</span> tax credits and&#160;debits of any nature to record as
&#8220;Other operating income/(expenses)&#8221;, with an exception for amnesty payments, accounted for as exceptional items, given their
one-off nature.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories', window );">Inventory</a></td>
<td class="text"><p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zxKuPwhgLldl" style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(n)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_zsAT0ABc8nYi">Inventory</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Inventory is initially recorded at the acquisition cost
and subsequent valued at the lower of their cost and net realizable value. Cost includes expenditure incurred to acquire the</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">inventory and bring it to the location and condition required
for use. The weighted average method is used to determine the cost of inventory.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The cost of finished products and work in progress includes
raw materials, other production materials, direct labor, other direct costs, gains and losses on derivative financial instruments, and
an allocation of fixed and variable overheads based on the normal operating capacity. Fixed costs not allocated or idle costs not held
in inventory, are recognized directly in the income statement, as determined by IAS 2.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The amount of inventory is reduced on a case-by-case
basis if the anticipated net realizable value declines below the carrying amount. The net realizable value is the estimated selling price
in the ordinary course of business, less the costs of bringing the inventory to the condition required for sale, and the selling costs.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The calculation of the net realizable value takes into
consideration the specific characteristics of each category of inventory, such as the expiry date, the remaining shelf life, and any indicators
of slow-moving inventory, amongst others.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions for impairment losses are constituted, when
necessary, in compliance with write-offs, slow moving and obsolete inventory of the Company&#8217;s policies.</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory', window );">Trade receivables</a></td>
<td class="text"><p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_zTjGkcfZjkUj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(o)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_862_zhBlHqALVr9l">Trade receivables</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Trade receivables are amounts due from customers for
goods sold or services performed in the ordinary course of business. Trade receivables are recognized initially at the amount of the unconditional
consideration, unless they contain significant financing components, in which case they are recognized at fair value. The Company holds
trade receivables with the objective of collecting the contractual cash flow, and therefore measures them subsequently at amortized cost
using the effective interest rate method.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company applies the IFRS 9 simplified approach to
measuring expected credit losses whereby impairment allowances for trade receivables are measured upon initial recognition on the basis
of the expected 12-month credit losses. This is primarily based on past experience of credit losses, current data on overdue receivables
and credit score information. Prospective information (such as forecast economic performance indicators) is also taken into consideration
if, based on past experience, such indicators show a strong correlation with actual credit losses. Typically trade receivables which are
outstanding for more than 90 days are fully provisioned.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Other assets are mainly composed of loans to customers,
cash deposits on guarantees and tax receivables. These instruments are initially recognized at fair value and subsequently measured at
amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">If the receivable term is equivalent to one year or less,
the accounts receivable are classified as current assets. Otherwise, they are presented as non-current assets.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="text"><p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_z5iXIgkym9E5" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(p)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_864_zQ7t787mPmd7">Cash and cash equivalents</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cash and cash equivalents include all cash balances,
bank deposits, and short-term highly liquid investments with an insignificant risk of changes in value which are readily convertible into
cash. They are stated at their face value, which approximates the fair value.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For the purpose of the cash flow statement, cash and
cash equivalents are presented net of bank overdrafts, when applicable.</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory', window );">Equity</a></td>
<td class="text"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_zMBLf2A93x1" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(q)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_z2hWnPwuK7Fc">Equity</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Issued capital</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The Company's issued capital consists only of common shares.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Repurchase of shares</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When the Company repurchases its own shares, the amount
paid, including any directly attributable additional costs is recognized as deductions from equity attributable to shareholders, in the
line item &#8220;treasury shares&#8221;.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Share issuance costs</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Incremental costs directly attributable to the issuance
of new shares or options are presented in equity as a deduction, net of tax, from the proceeds.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Dividends and interest on shareholder&#8217;s equity</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Dividends and interest on shareholders&#8217; equity
are recognized in liabilities from the date on which they are approved by a Board of Directors&#8217; Meeting, except for the minimum
statutory dividends provided for under the Company&#8217;s bylaws, which are recognized as a liability, when applicable, at the end of
each fiscal year.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The interest expense attributable to capital to shareholders
is recognized in income for the purposes of the calculation of Brazilian income and social contribution tax, and is subsequently reclassified
from shareholders' equity for presentation purposes in the financial statements.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory', window );">Interest-bearing loans and borrowings</a></td>
<td class="text"><p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zfP1hbCRKZd9" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(r)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_866_zTvUiwBpEenj">Interest-bearing loans and borrowings</span> </b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Interest-bearing loans and borrowing are recognized initially
at fair value less attributable transaction costs. Subsequent to their initial recognition, interest-bearing loans and borrowing are stated
at amortized cost, with any differences between the initial and maturity amounts recognized in the income statement over the expected
life of the instrument on an effective interest rate basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Borrowing costs directly related to the acquisition,
construction or production of a qualifying asset which requires a substantial period of time to prepare for its intended use or sale,
are capitalized as part of the cost of that asset when it is probable that the future economic benefits associated with the item will
flow to the Company, and the costs can be measured reliably. Other borrowing costs are recognized as finance expenses in the period in
which they are incurred.</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory', window );">Employee benefits</a></td>
<td class="text"><p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_zi3bZZBZFsNj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(s)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_867_zKtXhCKrD5y9">Employee benefits</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Post-employment benefits</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Post-employment benefits include pensions managed in
Brazil by Instituto Ambev de Previd&#234;ncia Privada (&#8220;IAPP&#8221;), post-employment dental benefits and post-employment medical
benefits managed by Funda&#231;&#227;o Zerrenner. Usually, pension plans are funded by payments made by both the Company and its participants,
considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment medical benefit obligations
are funded using the returns on the assets of the Funda&#231;&#227;o Zerrenner plan. If necessary, the Company may contribute some
of its profits to Funda&#231;&#227;o Zerrenner.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company manages defined benefit and/or defined contribution
plans and/or medical and dental assistance plans for the employees of its companies located in Brazil and its subsidiaries located in
the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">The Company maintains both funded and unfunded plans.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>s.1) Defined contribution plans</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A defined contribution plan is a pension plan under which
the Company pays fixed contributions into a fund. The Company has no legal or constructive obligations to pay further contributions if
the fund does not hold sufficient assets to pay all employees for the benefits relating to their service in the current and prior periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">The contributions to these plans are recognized as expenses in the period
during which they are incurred.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0"><b>s.2) Defined benefit plans</b></p>






<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Typically, defined benefit plans define an amount of
pension benefit that an employee will receive upon retirement, usually dependent on one or more factors such as age, years of service
and compensation level.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">For defined benefit plans, expenses are assessed separately
for each plan using the projected credit unit method. The projected credit unit method takes into account that each period of service
gives rise to an additional unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions
is charged to the income statement over the period of service of the employee. The amounts charged to the income statement consist of
current service costs, interest costs, past service costs and the effect of any agreements and settlements. The obligations of the plan
recognized in the balance sheet are measured at the present value of the estimated future cash outflows using a discount rate equivalent
to the government&#180;s bond rates with maturity terms similar to those of the respective obligation and the fair values of the plan
assets.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Past service costs arise from the introduction of a new
plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier of: (i) when the settlement/curtailment
occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless those changes are conditional upon
the employee&#8217;s continued employment, for a specific period of time (the period in which the rights are acquired). In such cases,
past services costs are amortized using the straight-line method over the period during which the rights were acquired.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Actuarial gains and losses consist of the effects of
differences between the previous actuarial assumptions and the actual results, and the effects of changes in actuarial assumptions. Actuarial
gains and losses are fully recognized in carrying value adjustments.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Remeasurements, representing actuarial gains and losses,
the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized in full in the period in which
they occur in the statement of comprehensive income. Remeasurements are not reclassified to profit or loss in subsequent periods.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When the amount of the defined benefit obligation is
negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic benefit available
to the Company either from refunds or reductions in future contributions.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Other post-employment obligations</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and some of its subsidiaries provide post-employment
medical benefits, the reimbursement of medication expenses and other benefits to certain retirees. These benefits are not granted to new
retirees. The expected costs of these benefits are</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">recognized over the period of employment, using an accounting
methodology like that for defined benefit plans, including actuarial gains and losses.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Termination benefits</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Termination benefits are recognized as expenses at the
earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal, to a formal detailed plan to
terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related to restructuring.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Bonuses</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify">Bonuses granted to employees and managers are
based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period
during which the bonus is earned.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory', window );">Share-based payments</a></td>
<td class="text"><p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zAokwfOh8ER7" style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(t)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86D_zDWLNJqTcst3">Share-based payments</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Different share and share option programs allow management
and other members appointed by the Board of Directors and People Committee, as each case, to acquire shares in the Company as in Note
25 - <i>Share-based payments</i>.</p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory', window );">Trade payables</a></td>
<td class="text"><p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_zSTF8RtFpTna" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(u)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_86A_zhody9nffTbl">Trade payables</span></b></span></td></tr></table>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Trade payables are recognized initially at their fair
values and subsequently at amortized cost using the effective interest method. When relevant, trade payables values are adjusted by their
present value, considering the following assumptions to calculation: (i) the amount to be discounted; (ii) the settlement dates; and (iii)
the discount rate, in accordance with IFRS 13.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory', window );">Provisions and contingent liabilities</a></td>
<td class="text"><p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zxABTiHcfOz7" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><span style="font-size: 12pt"><b>(v)</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;
</span><span style="font-size: 12pt"><span id="xdx_869_zCQkImPBKGhf">Provisions and contingent liabilities</span></span></b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions are recognized when: (i) the Company has a
present obligation (legal or constructive) as a result of past events; (ii) it is likely that a future disbursement will be required to
settle the current obligation; and (iii) the amount of the obligation can be estimated reliably.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Provisions, except for those mentioned in the line item
Disputes and litigation, are determined by discounting the expected future cash flow, to a pre-tax rate, which reflects the current market
assessments of the time value of money and, where appropriate, the risks specific to the liability.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Restructuring</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A provision for restructuring is recognized when the
Company has approved a detailed restructuring plan, and the restructuring has either commenced or been announced. Costs relating to the
ongoing and future activities of the Company are not provided for but are recognized when expenses are incurred. The provision includes
the benefit commitments in connection with early retirement and redundancy schemes.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Disputes and Litigations</b></p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">A provision for disputes and litigation is recognized
when it is more likely than not that the Company will be required to make future payments as a result of past events. Such items may include
but are not limited to, claims, suits and actions filed by or against the Company relating to antitrust laws, violations of distribution
and license agreements, environmental matters, employment-related disputes, claims from the tax authorities, and other matters.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>Contingent liabilities</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company and its subsidiaries have tax, civil and
labor lawsuits defined as contingent liabilities, according to IAS 37, for which no provisions have been recorded, due to the judgment
by management for developing the estimate. Possible contingent liabilities are not recognized but are disclosed in note 30 - <i>Contingencies</i>.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The contingent liabilities with remote possibility of
outflow in settlement are not disclosed, as the possibility of any disbursement in the settlement is remote, in accordance with IAS 37.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">From the fourth quarter of 2022 onwards, the nomenclature
of the accounting policy &#8220;provisions&#8221; was changed to &#8220;provisions and contingent liabilities&#8221;.</p>


<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory', window );">Financial Instruments and hedge accounting</a></td>
<td class="text"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_z6jt2d0ABoi" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 12pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><b>(w)</b></td><td style="text-align: justify"><b><span id="xdx_86D_zmMaNSk2sl56">Financial Instruments and hedge accounting</span></b></td></tr></table>

<p style="font: 12pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Classification and Measurement</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company uses financial instruments to implement its
risk management strategy and policy. Derivatives are generally used to mitigate the impact on the Company&#8217;s performance due to changes
in foreign currencies, interest rates, equity prices and commodity prices. The Company&#8217;s financial risk management policy prohibits
the use of derivatives not related to the Company&#8217;s core business.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Financial assets (except for accounts receivable without
a significant financing component) or financial liabilities are initially measured at fair value, plus, for an item not measured at fair
value through profit or loss, transaction costs directly attributable to their acquisition or issue. Accounts receivable without a significant
financing component are initially measured at the transaction price.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Upon initial recognition, a financial asset is classified
either: (i) at amortized cost; (ii) at fair value through other comprehensive income - debt instruments; (iii) at fair value through other
comprehensive income - equity instruments; or (iv) at fair value through profit or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Financial assets are not reclassified subsequently to
initial recognition, unless the Group changes the business model for the management of financial assets, in which case all impacted financial
assets are reclassified on the first day of the post-change business model.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The classification of the Company&#8217;s financial assets
is as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Debt instruments at fair value through other
comprehensive income, with gains or losses recycled to profit or loss upon derecognition. Financial assets in this category quoted debt
instruments held by the Company in line with its business model either to collect cash flow or for sale.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Equity instruments designated as at fair value
through other comprehensive income, with no recycling of gains or losses to the profit or loss upon derecognition. This category only
includes equity instruments which the company intends to hold for the foreseeable future, and which it has irrevocably elected to classify
thus upon their initial recognition or transition. These instruments are not subject to impairment testing.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#9642; Financial assets and liabilities at FVPL: comprise
derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments with cash
flow characteristics which are not held within a business model with the objective either to collect contractual cash flow, or both to
collect contractual cash flow and for sale.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The measurement of the Company&#8217;s financial assets
is as follows:</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The company designates certain derivatives as hedging
instruments to hedge the risk related to the variability of foreign exchange rates, interest rates and commodity prices. Derivative financial
instruments, that are contracted to protect against the exposure but that do not meet all of the hedge accounting requirements, will
be recognized at fair value through profit or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Derivative financial instruments are initially recognized
at fair value. The fair value is the value at which an asset can be realized, or a liability settled, between knowledgeable and willing
to negotiate parties of such financial instruments&#8217; characteristics under normal market conditions. The fair value of derivative financial
instruments can be obtained from market prices or from pricing models that reflect current market rates, as well as the credit quality
of the counterparty.</p>







<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Subsequent to initial recognition, derivative financial
instruments are remeasured to their fair value as at the date of the financial statements. Changes in the fair values of derivative financial
instruments are recognized in current income, except when these instruments are cash flow hedges or net investment hedges, where portions
of gains or losses on the hedge instrument defined as effective hedges are recognized in comprehensive income. The hedge designated instrument
is the effective element present in the term contract, of which only the present element value change is recognized in comprehensive income.
The term element, which can be separated and excluded from the financial instrument designation as hedge instrument is recognized in financial
result, in accordance with IFRS 9 - <i>Financial Instruments</i>.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company contracts commodities derivatives which have
similar terms to the hedged items. The Company applies component hedging to its commodities. The hedged component is contractually specified
and matches with what is defined in the derivative contract, and therefore the hedge ratio is always 1:1. Hedge effectiveness is assessed
on a qualitative basis. Whenever the terms do not match, the company uses the hypothetical derivatives method to assess the hedge effectiveness.
Therefore, usually causes of ineffectiveness include changes in the timing of forecast transactions, changes in the quantity of the commodity
to be hedged, or changes in the credit risk of either party to the derivative contract.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Cash flow hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Cash flow hedges are used to protect the cash flow exposure
of a recorded asset or liability, or the foreign currency risk or commodity price variations associated with a highly probable transaction,
the effective portion of any (gain or loss) on the derivative financial instrument is recognized directly in the comprehensive income
statement (cash flow hedge reserve), and will be reclassified from the cash flow hedge reserve to the same line item within which and
the same period during which the cash flow futures were hedged. The ineffective portion of any gain or loss is recognized immediately
in the current income statement, in the financial result.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a hedging instrument or a hedging relationship is
terminated, but the hedged transaction is still expected to occur, the cumulative gains and losses (up to the date of termination) remain
within comprehensive income, being reclassified in accordance with the above practice, when the transaction being protected occurs. If
the hedged transaction is no longer probable, the accumulated gains and losses recognized in comprehensive income are reclassified immediately
to the current income statement.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Fair value hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a derivative is intended to hedge the variability
in the fair value of a recognized asset or liability, or of a firm commitment, any resulting (gain or loss) on the hedging</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">instrument is recognized in profit or loss. The carrying amount
of the hedged item is also adjusted for changes in the fair value related to the risk being hedged, with any gain or loss being recognized
in the income statement.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Net investment hedge accounting</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a non-derivative foreign currency liability hedges
a net investment in a foreign operation, exchange differences arising on the translation of the liability into the functional currency
are recognized directly in other comprehensive income (translation reserves). Any ineffectiveness is recognized immediately in profit
or loss.</p>

<p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">When a derivative financial instrument hedges a net investment
in a foreign operation, the portion of the gain or loss on the hedging instrument that is determined to be effective is recognized directly
in other comprehensive income (translation reserves), while the ineffective portion is reported in profit or loss.</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Derivatives at fair value through profit or loss</b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">Certain derivative financial instruments do not qualify for
hedge accounting. Changes in the fair values of any of those derivative financial instruments are recognized immediately in profit or
loss.</p>

<p style="font: 12pt/107% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0"><b>Impairment of financial assets </b></p>

<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">On an annual basis, Management performs impairment testing
for financial assets or groups of financial assets. If a trigger event occurs, a financial asset or group of financial assets will be
deemed to be impaired. An asset or group of financial assets is deemed impaired, and impairment losses are recorded, only if there is
evidence of impairment as a result of one or more events occurring after the initial recognition of the assets (a "loss event")
and that event (or events) has an impact on the estimated future cash flow from the financial asset or group of financial assets, and
can be estimated reliably.</p>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory', window );">Impairment of non-financial assets</a></td>
<td class="text"><p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_z72vNy3T4VZe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"/><td style="width: 18pt"><span style="font-size: 12pt"><b>(x)</b></span></td><td><span style="font-size: 12pt"><b><span id="xdx_868_z67WhR6ENAra">Impairment of non-financial assets</span></b></span></td></tr></table>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The carrying amounts of non-financial assets, such as
property, plant and equipment and intangible assets with defined useful lives are reviewed, at least, at each reporting date to determine
the existence of any indication of impairment. If there is any indication, the asset&#8217;s recoverable amount is estimated, and the
non-recoverable amount is recognized as an impairment in the income statement.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The goodwill and intangible assets with indefinite
useful life are tested for impairment on an annual basis, regardless of any indication, by comparing its accounting value with its
recoverable value.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Goodwill, intangible assets not yet available for use,
and intangibles with indefinite useful lives, are tested for impairment at the business unit level (one level below the reportable segment
level) at least annually, or whenever there is any indication of impairment.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">An impairment loss is recognized whenever the
carrying amount of an asset or the related cash-generating unit (&#8220;CGU&#8221;) exceeds its recoverable amount. Impairment
losses are recognized in the income statement. Intangible assets with an indefinite useful life are tested on a fair value approach
applying multiples that reflect current market transactions to indicators that drive the profitability of the asset or the royalty
stream that could be obtained from licensing the intangible asset to another party in an arm&#8217;s length transaction.</p>

<p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The recoverable amounts of other assets are determined
as the higher of their fair value less costs to sell and their value in use. For an asset that does not generate substantially independent
cash inflows, the recoverable amount is allocated to the CGU to which the asset belongs. The recoverable amounts of the CGU to which the
goodwill and the intangible assets with indefinite useful lives belong are based on the fair value net of selling expenses, using EBITDA
multiples observed in the market for previous business combinations involving comparable businesses in the brewing industry. For some
CGUs, these calculations are corroborated using the fair-value less costs of disposal approach, where the free cash flow of these CGUs
is discounted to fair value using a discount rate after tax that reflects current valuation models for the time value of money, and the
risks specific to the asset.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">Non-financial assets, except for goodwill, are reviewed
for the possible reversal of the impairment at the reporting date. Impairment losses are reversed only to the extent that the asset&#8217;s
carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment
loss had been recognized.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"><b>&#160;</b></p>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants', window );">Tax incentives and subsidized loans</a></td>
<td class="text"><p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForGovernmentGrants_zSFZJw10rgt2" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"><span style="font-size: 12pt"><b>(y)</b></span><b><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;
</span><span style="font-size: 12pt"><span id="xdx_864_zUvtQafFosm6">Tax incentives and subsidized loans</span></span></b></p>

<p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">The Company is entitled to state tax benefits in Brazil,
provided by government grants. Referred grants may be in the form of rate reduction, calculation basis reduction, financing or subsidized
loans, presumed credits, effective collection, payment deferral or partial reductions of state tax payable. The effective collection incentives
are recorded in the operating net revenue, due to its nature, as the others are recognized in other operating income.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">As before mentioned, among the tax incentives granted
to the Company, there are state tax incentive programs to promote industrial development either by financing or by deferring payment of
taxes. These state programs are intended to promote, in the long-term, increases in employment rates, industrial decentralization, as
well as to complement and diversify states industrial matrix.</p>







<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">In the case of these programs, the tax terms are set
in the respective state normative acts and state concessive acts, depending on their nature, when conditions for obtaining these grants
exist, they are under the Company's control. Such benefits comply with the systematic set by Complementary Federal Law 160/2017 and by
<i>Conv&#234;nio</i> CONFAZ 190/2017. The financial component of these incentives is recorded in the income statement, on an accrual
basis.</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white"/></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">The financing or
payment deferral forms of benefits, as the interest rates and terms of these loans could be advantageous compared to market conditions,
are considered as subsidized loans as intended by IAS 20. The respective subsidies consist of the gains identified by comparing the value
of these operations under the market conditions to the value agreed in the contracts. Thereby, upon receipt of funding, the subsidy calculated
is recorded in Other operating income, following the treatment for the other ICMS subsidies of similar nature. Management reviews the
market conditions prevailing in the year to assess such subsidies on an annual basis.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Monthly, considering
of the value of the consideration, the period to maturity, the contract interest rate and the abovementioned discount rate, the reduction
in present value adjustment is allocated to financial income, to bring the balance to zero by the time of settlement of each consideration.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">Such financing
is recognized as liability adjusted to its present value. When there is an intervening financial institution in the transaction, the financing
is recorded at &#8220;interest-bearing loans and borrowings&#8221;, otherwise, they are recorded at &#8220;trade payables&#8221;, due
to the underlying economic essence and nature of the transaction.</span></p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white">From the fourth
quarter of 2022, the nomenclature of the accounting policy &#8220;government grants&#8221; was changed to &#8220;tax incentives and subsidized
loans&#8221;.</span></p>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><span style="background-color: white"/></p>

<p style="font: 6pt/8pt Arial,sans-serif; margin: 0">&#160;</p>

<p style="font: 10pt Arial,sans-serif; margin: 0">&#160;</p>

<span></span>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RevenueRecognitionPolicyTextBlock</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for borrowings. [Refer: Borrowings]
Effective 2023-01-01: The description of the entity's material accounting policy information for borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for employee benefits. Employee benefits are all forms of consideration given by an entity in exchange for services rendered by employees or for the termination of employment.
Effective 2023-01-01: The description of the entity's material accounting policy information for employee benefits. Employee benefits are all forms of consideration given by an entity in exchange for services rendered by employees or for the termination of employment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for exceptional items.
Effective 2023-01-01: The description of the entity's material accounting policy information for exceptional items.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForExceptionalItemsExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for expenses.
Effective 2023-01-01: The description of the entity's material accounting policy information for expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForExpensesExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for financial instruments. [Refer: Financial instruments, class [member]]
Effective 2023-01-01: The description of the entity's material accounting policy information for financial instruments. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for foreign currency translation.
Effective 2023-01-01: The description of the entity's material accounting policy information for foreign currency translation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for the currency of the primary economic environment in which the entity operates.
Effective 2023-01-01: The description of the entity's material accounting policy information for the currency of the primary economic environment in which the entity operates.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for goodwill. [Refer: Goodwill]
Effective 2023-01-01: The description of the entity's material accounting policy information for goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for government grants, including the methods of presentation adopted in the financial statements. [Refer: Government [member]; Government grants]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 20<br> -IssueDate 2022-03-24<br> -Paragraph 39<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=20&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_39_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForGovernmentGrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for the impairment of non-financial assets. [Refer: Financial assets]
Effective 2023-01-01: The description of the entity's material accounting policy information for the impairment of non-financial assets. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for income tax.
Effective 2023-01-01: The description of the entity's material accounting policy information for income tax.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for intangible assets other than goodwill. [Refer: Intangible assets other than goodwill]
Effective 2023-01-01: The description of the entity's material accounting policy information for intangible assets other than goodwill. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for issued capital. [Refer: Issued capital]
Effective 2023-01-01: The description of the entity's material accounting policy information for issued capital. [Refer: Issued capital]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIssuedCapitalExplanatory</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
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<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for measuring inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 36<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_36_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for property, plant and equipment. [Refer: Property, plant and equipment]
Effective 2023-01-01: The description of the entity's material accounting policy information for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for provisions. [Refer: Provisions]
Effective 2023-01-01: The description of the entity's material accounting policy information for provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</tr>
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<td><strong> Period Type:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for recognising revenue. [Refer: Revenue]
Effective 2023-01-01: The description of the entity's material accounting policy information for recognising revenue. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue</td>
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<td>na</td>
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<td>duration</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for transactions in which the entity: (a) receives goods or services from the supplier of those goods or services (including an employee) in a share-based payment arrangement; or (b) incurs an obligation to settle the transaction with the supplier in a share-based payment arrangement when another group entity receives those goods or services. [Refer: Share-based payment arrangements [member]]
Effective 2023-01-01: The description of the entity's material accounting policy information for transactions in which the entity: (a) receives goods or services from the supplier of those goods or services (including an employee) in a share-based payment arrangement; or (b) incurs an obligation to settle the transaction with the supplier in a share-based payment arrangement when another group entity receives those goods or services. [Refer: Share-based payment arrangements [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for trade and other payables. [Refer: Trade and other payables]
Effective 2023-01-01: The description of the entity's material accounting policy information for trade and other payables. [Refer: Trade and other payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2023-01-01: The description of the entity's accounting policy for trade and other receivables. [Refer: Trade and other receivables]
Effective 2023-01-01: The description of the entity's material accounting policy information for trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Effective 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2023-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 117<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_117_b&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2022-03-24<br></p></div>
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy used to determine the components of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 46<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_46&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)<br></strong></div></th>
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    <td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zQH3bsWltl0d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.9807&#160;</span></td>
    <td id="xdx_989_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zFWFzuVjZe3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.2960&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zXtdXsR9Dbe9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">3.6414&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">DOP</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dominican republic</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_ztA7UeCXTbJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0925&#160;</span></td>
    <td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zwn5AodgMVH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0970&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zAJv5r4ko3h3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0891&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_z7ioMFwf5NJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0937&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zSZKMyiaw9Pd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0938&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zRGYwqkA0Hj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0885&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">USD</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollar</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panam&#225; and Cuba</span></td>
    <td id="xdx_985_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_z0ZEbFSvUmEk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.2177&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zkeMH0RxS6Ji" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.5805&#160;</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zBtpSBOeKav7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.1967&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zx3wvrAppGGd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.1644&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zsCkatDgbO3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.3687&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zyVEC1OhJsCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">4.9348&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">GTQ</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Quetzal</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guatemala</span></td>
    <td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zCURG35pP0rk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6623&#160;</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zyoexf1LC4p5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7201&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zd2zkg83Eci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6700&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zFhS5EoVK9m3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6649&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zwyMY1qLFwH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6954&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_z3WPJxG65KT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.6405&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ARS</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentinean Peso&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Argentina</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zylWLlVSXDa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0295&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zPEeciaXVoy3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0543&#160;</span></td>
    <td id="xdx_984_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zWeyJBSJ7e7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0618&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zHEYHtPTwtoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0403&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgkwh3UdJzCa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0568&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgN3g0DKvXr" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0750&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">BOB</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivian Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bolivia</span></td>
    <td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zBz4sXP8V9Df" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7497&#160;</span></td>
    <td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zbZlXVA3yDe6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.8018&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zsNzHQY9D5J6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7467&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zVN6OSBkl2ee" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7420&#160;</span></td>
    <td id="xdx_985_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zMtJ8LjYOOT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7714&#160;</span></td>
    <td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zke75CRqTBY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.7090&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">PYG</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Guarani</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Paraguay</span></td>
    <td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zMEbH61vsw1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zaXvytr4S1Sj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0008&#160;</span></td>
    <td id="xdx_983_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zsw1PNeveGzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_z0ll1VugHQmg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td>
    <td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIF4OT8fEMR6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0008&#160;</span></td>
    <td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIUCmGn2IImi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.0007&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">UYU</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguayan Peso</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Uruguay</span></td>
    <td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zPQRG0HOaLx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">0.1302&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the effect of changes in foreign exchange rates.</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450470752">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SEGMENT REPORTING (Tables)<br></strong></div></th>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40B_eifrs-full--RevenueFromContractsWithCustomers_zuCsjEa6QT9g" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_40E_eifrs-full--CostOfSales_iN_di_zqCGPqxXt296" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_402_eifrs-full--GrossProfit_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Gross profit</b></span></td>
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  <tr id="xdx_407_eifrs-full--DistributionCosts_iN_di_zgj5iy0NsVt6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Distribution expenses</span></td>
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  <tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zAN3EOWFJw74" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Sales and marketing expenses</span></td>
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  <tr id="xdx_400_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zjLGE3asLknd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Administrative expenses</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(611.5)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(439.0)</span></td>
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  <tr id="xdx_406_eifrs-full--OtherOperatingIncomeExpense_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Other operating income/(expenses)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;192.7&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(159.9)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;2,124.1&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;2,679.4&#160;</span></td></tr>
  <tr id="xdx_40C_ecustom--ExceptionalItems_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Exceptional items</span></td>
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  <tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Income from operations</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;7,593.7&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;4,528.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;3,874.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,084.5&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;1,944.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,420.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,087.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;17,687.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;17,080.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;15,972.2&#160;</b></span></td></tr>
  <tr id="xdx_401_eifrs-full--FinanceIncomeCost_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Net finance costs</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(1,110.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(858.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(663.9)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(50.0)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(80.1)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(1,933.2)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,177.8)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(1,731.4)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(329.6)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(89.4)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(49.0)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(3,423.1)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,434.5)</span></td></tr>
  <tr id="xdx_409_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_z8NJpjerTjol" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Share of results of joint ventures</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(38.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(11.7)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(7.2)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(79.7)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(4.9)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;9.1&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(24.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(31.2)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(29.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(115.7)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(43.3)</span></td></tr>
  <tr id="xdx_402_eifrs-full--ProfitLossBeforeTax_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Income before income tax</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;7,555.1&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;6,723.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;8,810.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,460.6&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;3,031.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,323.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,595.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;1,696.6&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;353.1&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;1,624.2&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,307.0&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;2,007.2&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;14,235.6&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;13,759.2&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;13,494.4&#160;</b></span></td></tr>
  <tr id="xdx_40A_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_zO0Sq4weWZV1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Income tax expense</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;2,787.7&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;1,953.2&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(203.1)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(771.2)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(1,301.7)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(713.2)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(672.9)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(509.4)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(118.4)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(688.0)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(778.7)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(727.8)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;655.6&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(636.6)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(1,762.5)</span></td></tr>
  <tr id="xdx_409_eifrs-full--ProfitLoss_zzsiitYlBn7l" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Net income</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;10,342.8&#160;</b></span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr id="xdx_409_ecustom--NormalizedEBITDA_i_pn5n5" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zDo6DSkXVYgd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Depreciation, amortization and impairment</span></td>
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  <tr id="xdx_404_eifrs-full--FinanceIncomeCost_zVQ65hHIfyw8" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Net finance costs</span></td>
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  <tr id="xdx_402_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_z43NPwEU9k9c" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Income tax expense</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_40F_ecustom--NormalizedEBITDAMarginInPercentage_pid_dp_znJIJo0zGoPl" style="vertical-align: bottom; background-color: White">
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    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>29.7</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>41.0</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
    <td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>35.1</b></span></td>
    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
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    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
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    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
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    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
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    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td>
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    <td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>%</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Acquisition of property, plant and equipment</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;4,062.9&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;4,645.1&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;492.3&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;1,112.8&#160;</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;7,677.1&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;4,692.7&#160;</span></td></tr>
  </table>
<p style="font: 12pt/115% Arial,sans-serif; margin: 0 0 10pt">&#160;</p>










<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 24%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2022</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2021</b></span></td>
    <td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Segment assets</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvCpI7CNo5m5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;57,353.8&#160;</span></td>
    <td id="xdx_98C_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zJGWkLielMj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;54,609.4&#160;</span></td>
    <td id="xdx_988_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zxhNarq8gOc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;48,970.2&#160;</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zRZgCugO9Z83" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;15,385.6&#160;</span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_z0IiG6sJndo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;15,351.9&#160;</span></td>
    <td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zFMM2FO9Igj6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;13,521.4&#160;</span></td>
    <td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zX9QMOKaaLh3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;22,044.5&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z1cqMxfnBka3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;21,583.0&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zuurQsbFoQn3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;17,211.2&#160;</span></td>
    <td id="xdx_989_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zbf0cH8DTYc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;16,093.3&#160;</span></td>
    <td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zJl2S5p7KEIi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;18,016.6&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zauV6zqlOT8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;16,487.9&#160;</span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zaKs33m8hBo" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;110,877.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zfhhh3mOBfA7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;109,560.9&#160;</span></td>
    <td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z7l94oGH8AYf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;96,190.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Intersegment elimination</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zzt4mrytLlV3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,533.0)</span></td>
    <td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zSWwOHqJ4azg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,868.5)</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zS1UFGmqpNC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;(2,187.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Non-segmented assets</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zTUAHUqFjfl1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;29,613.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zrYjN98eUT83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;31,910.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zJImvh95bqSj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;31,193.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Total assets</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20221231_z2mBf5ixvUYj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;137,958.0&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--Assets_iI_c20211231_zJl95oSxPNsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;138,602.5&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--Assets_iI_c20201231_zXv7gHXkNyJ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;125,196.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">Segment liabilities</span></td>
    <td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z8A1xuEcMjek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;29,153.2&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zBywwBvAgnTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;27,611.2&#160;</span></td>
    <td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zEEnSD9xxzVf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;25,032.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zUk0sdi7ktp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;5,098.0&#160;</span></td>
    <td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zLPXLeFaMM64" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;5,414.4&#160;</span></td>
    <td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zfPp7V85nlKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;4,114.2&#160;</span></td>
    <td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z5hv325OHy7i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;6,843.6&#160;</span></td>
    <td id="xdx_983_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zQjF7ZQiWEJ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;7,843.6&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zb4EooY8cn6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;5,156.4&#160;</span></td>
    <td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zazFaWxcFC76" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt">&#160;5,053.7&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>Total liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--EquityAndLiabilities_iI_c20221231_zlqU4Ac4DlNh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;137,958.0&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231_zgPqLr1frCP1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;138,602.5&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20201231_zNAzVeVkrGSg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"><span style="font-family: Times New Roman,serif; font-size: 6.5pt"><b>&#160;125,196.3&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt Times New Roman,serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zPTlKRC8vQFj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1F_z4fqCSP7IKyc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">CAC: includes the Dominican Republic, Panama, Guatemala, Cuba, Barbados, Saint Vincent, Dominica, Nicaragua, Honduras and Antigua.</td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0A_zry4MRLkcDlc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F18_zMexP8XRZybf" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay.</td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F00_zMgdW48B3Iwi" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(iii)</td>
  <td id="xdx_F14_zllRyZ1vdZLk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.</td></tr>
</table>


<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>






<p style="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt 21.3pt; text-indent: -21.3pt"><span style="font-size: 12pt">(b)</span><span style="font-family: Times New Roman; font-size: 7pt">&#160;&#160;&#160;&#160;
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<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" id="xdx_49D_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z7JlyZZao5aj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" id="xdx_49D_20210101__20211231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zolfisd0XFTc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" id="xdx_49C_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zdXXLzBtwcGg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" id="xdx_496_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zZySqWPvbNn4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" id="xdx_491_20210101__20211231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z1VP6yZla5ti" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" id="xdx_49A_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvtZQ88JsJTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td colspan="2" id="xdx_49A_20200101__20201231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zOFIyqsrJhRk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="18" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Brazil</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Beer</b></span></td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>NAB</b></span></td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Total&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2022</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2021</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2020</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2022</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2021</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2020</b></span></td>
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    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2021</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_400_eifrs-full--RevenueFromContractsWithCustomers_zRLIZbhrxHL4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Net sales</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;35,857.9&#160;</span></td>
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  <tr id="xdx_401_eifrs-full--CostOfSales_iN_di_zBDtyRuL1fjl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Cost of sales</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(18,309.1)</span></td>
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  <tr id="xdx_404_eifrs-full--GrossProfit_zZlHMhEhVl5i" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Gross profit</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;17,092.6&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;14,011.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;2,806.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;2,122.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;2,072.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;19,899.0&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;17,277.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;16,083.6&#160;</b></span></td></tr>
  <tr id="xdx_405_eifrs-full--DistributionCosts_iN_di_z93yHmeoJqE4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Distribution expenses</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(4,988.6)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(860.0)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(6,111.1)</span></td>
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  <tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zK7usrwp5kwj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Sales and marketing expenses</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(4,065.0)</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(3,444.1)</span></td></tr>
  <tr id="xdx_40D_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zXmxOyLvwgye" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Administrative expenses</span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(390.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(234.5)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(3,346.0)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(3,006.2)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(1,629.6)</span></td></tr>
  <tr id="xdx_409_eifrs-full--OtherOperatingIncomeExpense_zLQFyqEYzVR7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Other operating income/(expenses)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;1,884.5&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;1,711.3&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;2,380.3&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;476.8&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;384.7&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;506.9&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;2,361.3&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;2,096.0&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;2,887.2&#160;</span></td></tr>
  <tr id="xdx_40E_ecustom--ExceptionalItems_d0_zIWOmU290IDb" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Exceptional items</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(30.6)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(202.0)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(173.8)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(3.9)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(8.1)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
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    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(210.1)</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(173.8)</span></td></tr>
  <tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_ze4YvDsGceTb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Income from operations</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,432.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;6,689.0&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,284.6&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,271.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;904.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,196.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,703.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,593.7&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;9,481.4&#160;</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--FinanceIncomeCost_d0_zR1SPKCeJXr3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Net finance costs</span></td>
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  <tr id="xdx_403_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_zyMl4vvvOkye" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Share of results of joint ventures</span></td>
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  <tr id="xdx_40B_eifrs-full--ProfitLossBeforeTax_z6822RmBCqWd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Income before income tax</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,271.4&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;6,723.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,810.3&#160;</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zokWKjg6pVe3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Income tax expense</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;2,787.7&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;1,953.2&#160;</span></td>
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    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
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  <tr id="xdx_40A_eifrs-full--ProfitLoss_zoWiqMNOcWm4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>Net income</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,772.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;7,410.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,271.4&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,196.8&#160;</b></span></td>
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    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,677.1&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;8,607.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_ecustom--NormalizedEBITDA_zA5AOXzcxSXa" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 6.5pt Times New Roman,serif"><b>EBITDA&#160;</b></span><b><span style="font: normal 8pt Times New Roman,serif"><sup id="xdx_F44_z1utrpijUtJi">(i)</sup></span></b></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;10,332.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;9,302.4&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;10,830.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,695.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,261.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;1,557.9&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;12,028.8&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;10,564.3&#160;</b></span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt"><b>&#160;12,388.7&#160;</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zLEcrPtbzll9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Depreciation, amortization and impairment</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(2,938.9)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(2,625.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(2,553.4)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(424.5)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(357.2)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(361.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(3,363.4)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(2,982.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(2,914.5)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--FinanceIncomeCost_d0_zHu3AeY754De" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7pt">Net finance costs</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(1,110.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(858.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(663.9)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;-&#160;&#160;&#160;</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(1,110.3)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(858.1)</span></td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7pt">&#160;(663.9)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zerkIXwYlS66" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450410064">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>NET SALES (Tables)<br></strong></div></th>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450485248">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OTHER OPERATING INCOME/(EXPENSES) (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherOperatingIncomeExpensesAbstract', window );"><strong>Other Operating Incomeexpenses</strong></a></td>
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    <td id="xdx_49F_20210101__20211231_zRbJl3LG3PB" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49C_20200101__20201231_zszjjEPC4uof" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Government grants/net present value of long-term fiscal incentives</span></td>
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    <td style="color: White; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">Total&#160;</td>
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<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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  <td id="xdx_F06_zqVcttF8I1a8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F10_zD7obp1ZxJRg" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">As detailed in Note 30 &#8211; <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS
from its calculation basis, in the item Other operating income/(expenses).</td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450588144">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EXCEPTIONAL ITEMS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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    <td id="xdx_492_20210101__20211231_zKxrJxiPDgw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zZPY38U6x5q" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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    <td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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<p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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  <td id="xdx_F0B_zZQ9f5ppWrFk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F15_z88iRQy4ENkk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The restructuring expenses primarily related to centralized projects and resizing in the Latin America CAC and Brazil.</td></tr>
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<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F05_zxZNV9gMrrhl" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F10_zFOFzGhULE88" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of the Company&#8217;s people (increased frequency
of cleaning at the Company&#8217;s facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives
providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.</td></tr>
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<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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  <td id="xdx_F12_z1jgJu1YjWf4" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Refers to distribution agreement with our strategic partner in Guatemala.</td></tr>
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<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449216672">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PAYROLL AND RELATED BENEFITS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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    <td id="xdx_491_20210101__20211231_z5B40IKfnc21" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
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  <tr id="xdx_404_eifrs-full--WagesAndSalaries_maEBEzkEh_zzIlTae5XaE4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,016.0&#160;</span></td>
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<tr style="vertical-align: bottom">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450613328">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE (Tables)<br></strong></div></th>
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    <td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zkuu4HPHrc84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;660.7&#160;</span></td>
    <td id="xdx_986_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zA8Zn9qYCx8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;700.3&#160;</span></td>
    <td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_ztNeVEXbhKl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;787.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zywDvLl7Mzpf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;113.2&#160;</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative expenses</span></td>
    <td id="xdx_989_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_z58jg7t1Edrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;474.4&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_znhQae34BEm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;372.6&#160;</span></td>
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    <td id="xdx_984_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zot6cRL74bN5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;276.1&#160;</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DepreciationExpense_pn5n6_c20220101__20221231_zKR8lJsQwoJl" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,441.9&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--DepreciationExpense_pn5n6_c20210101__20211231_zEkxotnxh2U3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,012.4&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--DepreciationExpense_pn5n6_c20200101__20201231_z8uyEezYKp55" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,663.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20220101__20221231_z9hHNPmTUK1e" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;502.2&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--AmortisationExpense_pn5n6_c20210101__20211231_zVFtpMzpDyLk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;404.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20200101__20201231_zad0z4481vY2" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;511.7&#160;</b></span></td></tr>
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<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

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  <td id="xdx_F00_zET62k1NH2E6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1C_zeALERWT3hDa" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">These amounts added to R$<span id="xdx_904_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20220101__20221231_zCUsL0PYarpa" title="Employee benefits expense, cost of sales">2,510.4</span>
  (R$<span id="xdx_90D_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20210101__20211231_zw2Ip74Sq04a" title="Employee benefits expense, cost of sales">2,247.9</span>
  and R$<span id="xdx_90A_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20200101__20201231_z0ZyU5KhKet5" title="Employee benefits expense, cost of sales">2,175.1</span>
  as at December 31, 2021 and 2020, respectively) mentioned in Note 9 - <i>Payroll and related benefits</i>, total R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20221231_zaY3rCCItVKa" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,940.1</span>
  (R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn6n6_c20211231_z8XPRJAljUY8" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,591.0</span>
  and R$<span id="xdx_90E_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20201231_zrEO8lgLUsuc" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,171.2</span>
  as at December 31, 2021 and 2020, respectively). The remaining amount of R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20220101__20221231_zfmLS1hCSxJa" title="Cost of sales, production costs">34,482.0</span>
  (R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20210101__20211231_z4WAqcIq3Mca" title="Cost of sales, production costs">30,068.7</span>
  and R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20200101__20201231_z1uSCvjzKjs7" title="Cost of sales, production costs">21,894.9</span>
  as at December 31, 2021 and 2020, respectively), recorded in the cost of sales, refers to other production costs.</td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of depreciation and amortisation expense. [Refer: Depreciation and amortisation expense]</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449742656">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCE EXPENSES AND INCOME (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,431.8)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,786.6)</span></td></tr>
  <tr id="xdx_401_ecustom--NetInterestOnPensionPlans_iN_di_maFCENFzTbH_zKzs6DE5rlP5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Net Interest on pension plans</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(107.9)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(115.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(117.2)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--GainsLossesOnHedgingInstrument_msFCENFzTbH_zmCmEySqz4E4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Losses on hedging instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3,158.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(2,540.2)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,919.3)</span></td></tr>
  <tr id="xdx_40C_ecustom--InterestOnProvisionForContingencies_iN_di_maFCENFzTbH_zSt7rtEupYX5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest on provision for disputes and litigation</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(456.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(290.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(208.8)</span></td></tr>
  <tr id="xdx_40E_eifrs-full--NetForeignExchangeLoss_iN_di_maFCENFzTbH_zo6WGVnYyh19" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exchange variations</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(751.1)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(453.9)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(706.4)</span></td></tr>
  <tr id="xdx_402_ecustom--AdjustmentInFairValueOfFinancialInstruments_iN_di0_maFCENFzTbH_z2HJ9vAzbsU1" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments at fair value through profit or loss</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(4.3)</span></td></tr>
  <tr id="xdx_400_eifrs-full--TaxExpenseIncomeAtApplicableTaxRate_iN_di_maFCENFzTbH_zYzrZR4bWPM4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Tax on financial transactions</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(339.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(216.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(335.0)</span></td></tr>
  <tr id="xdx_406_eifrs-full--BankAndSimilarCharges_iN_di_maFCENFzTbH_z5ROceiO8gWl" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bank guarantee expenses</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(176.1)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(174.9)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(188.0)</span></td></tr>
  <tr id="xdx_404_eifrs-full--OtherFinanceCost_iN_di_maFCENFzTbH_zt9jJYlXuiTh" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other financial results</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(574.2)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(204.8)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(164.9)</span></td></tr>
  <tr id="xdx_408_ecustom--FinanceCostsExcludingNonrecurringFinanceCosts_iNT_di_mtFCENFzTbH_zyf4GeKOuFwf" style="vertical-align: bottom; background-color: White">
    <td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(7,892.2)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(5,427.8)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(5,430.5)</b></span></td></tr>
  </table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInterestExpenseExplanatory', window );">Schedule of Interest expenses</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfInterestExpenseExplanatory_zKvZMzWIxoeg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Expense (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B8_zGntgpmXj65i" style="display: none">Schedule of Interest expenses</span></td>
    <td id="xdx_49B_20220101__20221231_zYJy4PI2yIgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_490_20210101__20211231_z7CrDvx7qAOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_493_20200101__20201231_zndZFQTPt2bl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_z8zqjiZ4pvVj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments measured at amortized cost</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(764.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(466.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(776.0)</span></td></tr>
  <tr id="xdx_406_ecustom--InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_zIK8pkzO1I33" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">Financial instruments at fair value through profit or loss</span><span style="font: normal 11.5pt Times New Roman,serif"><sup id="xdx_F45_z9P9dxykDp15">&#160;(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,564.3)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(965.8)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,010.6)</span></td></tr>
  <tr id="xdx_404_eifrs-full--InterestExpense_iNT_di_mtIEzJSo_zASn0R8u63a9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,328.3)</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,431.8)</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,786.6)</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0C_zFKsLXcLf4Qg" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_zJbmleMk8vTf" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Include R$1,231 million (R$656 million at December 31, 2021 and R$657 million at December 31, 2020) as accounts payable present value adjustment.</td></tr>
</table>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceIncomeExplanatory', window );">Schedule of finance income</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfFinanceIncomeExplanatory_pn5n6_zUcpxOxJQpJa" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Income (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BB_zGldVnanIAPb" style="display: none">Schedule of finance income</span></td>
    <td id="xdx_497_20220101__20221231_zw9flzHHIOPg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49A_20210101__20211231_znsx40NQvxQi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49E_20200101__20201231_zPmG6LQnlnX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40A_eifrs-full--RevenueFromInterest_maFIBAOzuCZ_zw1bvjLFaUm" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,167.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,101.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,245.5&#160;</span></td></tr>
  <tr id="xdx_40E_ecustom--IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties_maFIBAOzuCZ_zUN7AYUKzO28" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest and foreign exchange rate on loans to/from related parties</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;37.1&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;42.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;10.6&#160;</span></td></tr>
  <tr id="xdx_407_ecustom--RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss_maFIBAOzuCZ_zS91NnwK84hl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial instruments at fair value through profit or loss</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;95.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;77.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;242.6&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--OtherFinanceIncome_maFIBAOzuCZ_z1WqS0EiidH3" style="vertical-align: bottom; background-color: White">
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  <tr id="xdx_400_ecustom--FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems_iT_mtFIBAOzuCZ_maFIzz0V_zlhbFEGyhmRd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInterestIncomeExplanatory', window );">Schedule of interest income</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfInterestIncomeExplanatory_pn5n6_zkLYKR4kA4xb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Income (Details)">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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<p style="font: 8pt Arial,sans-serif; margin: 0">&#160;</p>

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  <td id="xdx_F02_zbjIVctWQZA1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_zHssuUlISgOb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Refers, mainly, to monetary adjustment of recoverable taxes.</td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of finance cost. [Refer: Finance costs]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of finance income. [Refer: Finance income]</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446344880">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX AND SOCIAL CONTRIBUTION (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIncomeTaxExplanatory', window );">Schedule of Income taxes</a></td>
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  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8BE_zcvgMv12OQx8" style="display: none">Schedule of Income taxes</span></td>
    <td id="xdx_497_20220101__20221231_zp7aKMlCb3Uf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49A_20210101__20211231_zWrV02j1jCGl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49E_20200101__20201231_zXNLTyTF1fti" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--CurrentTaxExpenseIncome_iN_di_maDTEIzXSe_zEyOm1CA9kHe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Income tax expense &#8211; current</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,718.9)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,268.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,048.9)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_408_eifrs-full--DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_iN_di_maDTEIzXSe_zFKRbbDwEeAe" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred tax expense on temporary differences</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,012.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,072.9&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,576.0)</span></td></tr>
  <tr id="xdx_409_eifrs-full--AdjustmentsForDeferredTaxExpense_iN_di_maDTEIzXSe_zJJvGWdhwRe9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred tax on tax loss carryforward movements in the current period</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,361.9&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(440.9)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;862.4&#160;</span></td></tr>
  <tr id="xdx_409_eifrs-full--DeferredTaxExpenseIncome_iNT_di_mtDTEIzXSe_maITECOzyJ5_z2fLeYhTMs4l" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total deferred tax (expense)/income</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,374.5&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;632.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(713.6)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iNT_di_mtITECOzyJ5_zF2aMiRYGv6a" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total income tax expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;655.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(636.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(1,762.5)</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock', window );">Schedule of reconciliation between the weighted nominal tax rate and the effective tax rate</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock_zk4oHemIUd27" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_ztpQTvi2Znrc" style="display: none">Schedule of reconciliation between the weighted nominal tax rate and the effective
tax rate</span></td>
    <td id="xdx_49B_20220101__20221231_zZsfHW5qyekb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_494_20210101__20211231_z1y5iDabjvC2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zATkojEfOPva" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>2020</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--AccountingProfit_maNAPzlZV_zshCLtNphmi1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Profit before tax</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;14,235.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;13,759.2&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;13,494.4&#160;</b></span></td></tr>
  <tr id="xdx_40F_ecustom--AdjustmentOnTaxableBasisAbstract_iB" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Adjustment on a taxable basis</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_406_ecustom--TaxEffectOfOthersNontaxableIncome_i01_maNAPzlZV_zqkQB4SMYqci" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Others non-taxable income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(883.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(611.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(6.2)</span></td></tr>
  <tr id="xdx_404_ecustom--TaxEffectOfGovernmentGrantsRelatedToSalesTaxes_i01_maNAPzlZV_zClrVwjCfSi3" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Government grants related to sales taxes&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(2,535.1)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(1,883.1)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(1,597.8)</span></td></tr>
  <tr id="xdx_401_ecustom--TaxEffectFromSharingResultsOfJointVentures_i01_maNAPzlZV_ztKwHuT1a8Af" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Share of results of joint ventures</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;29.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;115.7&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;43.3&#160;</span></td></tr>
  <tr id="xdx_40B_ecustom--TaxEffectOfExpenseNotDeductible_i01_maNAPzlZV_zWnj0PCwNFi5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Non-deductible expenses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;192.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;99.2&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;119.6&#160;</span></td></tr>
  <tr id="xdx_403_eifrs-full--TaxEffectOfForeignTaxRates_i01N_di_msNAPzlZV_z5kIp3UXzbu5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Worldwide taxation</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;679.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;(360.0)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;48.2&#160;</span></td></tr>
  <tr id="xdx_40B_ecustom--NetAccountingProfit_i01T_mtNAPzlZV_zGlR7aVwCfM5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;11,718.4&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;11,120.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;12,101.5&#160;</b></span></td></tr>
  <tr id="xdx_40B_eifrs-full--ApplicableTaxRate_i01_pip0_dp_z5y93cHeqoL4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Aggregated weighted nominal tax rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">29.47%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">27.39%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">30.26%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Taxes payable &#8211; nominal rate&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20221231_zx14YiYqEaBa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(3,453.3)</b></span></td>
    <td id="xdx_989_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20211231_zUANkarZZDef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(3,045.3)</b></span></td>
    <td id="xdx_982_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20201231_zxYJ7F2LIFnd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>&#160;(3,662.1)</b></span></td></tr>
  <tr id="xdx_409_ecustom--AdjustmentOnTaxExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt"><b>Adjustment on tax expense</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_ecustom--TaxEffectOfRegionalIncentives_i01_z8SGDQuZ6he1" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Income tax Incentives</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;234.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;213.2&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">&#160;123.2&#160;</span></td></tr>
  <tr id="xdx_406_ecustom--TaxEffectOfDeductibleInterestOfShareholdersEquity_i01_zDUgGBTv5IVk" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8.5pt">Deductible interest on shareholders&#8217; equity</span></td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450555616">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PROPERTY, PLANT AND EQUIPMENT (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory', window );">Schedule of property, plant and equipment</a></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock', window );">Schedule of Reconciliation of changes in property, plant and equipment</a></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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<tr>
    <td style="white-space: nowrap; vertical-align: top; width: 40%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom">
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  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPRlYFJU5Fd" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,385.1&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWEMMgcpYtUk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;34,037.4&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzc5ZRYhODqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,219.4&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9bHWaLy3vPj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,830.7&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zliDt5xv2hYh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;56,472.6&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgYpk7vq5Fef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;54.1&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zK3wl4J9FT5c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;129.0&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwLRn93n45Dc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.3&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zHNMxJnSHCP9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.0&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzRBoxIbu0Jd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;193.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zniuP4INng9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;544.2&#160;</span></td>
    <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNwhBnngkr7j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,170.1&#160;</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWuuFmWl5TKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;216.4&#160;</span></td>
    <td id="xdx_984_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zfnMoa5msfq5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;148.7&#160;</span></td>
    <td id="xdx_983_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zltXLdeAOCp5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,079.4&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisition through business combinations</span></td>
    <td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zlRZqPJpinMe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.9&#160;</span></td>
    <td id="xdx_989_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCTtZKESsvgf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;8.6&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_ztkJ38WKi36b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_986_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDygeZFctxZ3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.1&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zGqUTrX0UTg6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisitions&#160;</span></td>
    <td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFsnwSegmRvj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.3&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z2htpC2wolml" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;960.1&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwkgAhkDvKNf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;45.2&#160;</span></td>
    <td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZwC0Yun2n3i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6,294.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zM843HO4WAEj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,311.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zj0SVm7syQ0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(117.7)</span></td>
    <td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAZrX8kjxy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,238.4)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNBukdBGpAv2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(360.4)</span></td>
    <td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zORwUHlw1c53" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.4)</span></td>
    <td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuMgfa0lIdk9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,719.9)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSSvbHiYCR99" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;662.0&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxJ4pfzRufj9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,402.9&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zd6idcSs8FTe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;401.5&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0rzDYwJR4ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,872.9)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1QjkMlPKFy5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(406.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbM9krXgAHs6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;13,539.9&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoS2q96i4rag" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;37,469.7&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLNzcHmnxhi6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,526.9&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zCGGPVpLvYi8" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,404.7&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztoQ8n3D41P7" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;63,941.2&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKUOR3rI7Ap5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,075.9)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7wwVt1TUN15" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,378.4)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zN7HR3tj2vRk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(879.5)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zELQF0p9dul7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(360.7)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgF3ybgE4y94" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5,694.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG1MguOL0K11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;870.5&#160;</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc8nX6L7NaL2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,891.0&#160;</span></td>
    <td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z5eKQWIh5C4b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;744.4&#160;</span></td>
    <td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z91gATfNvYF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.7&#160;</span></td>
    <td id="xdx_986_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLU0xd4Td2Oj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,758.6&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisitions&#160;</span></td>
    <td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJ1fRQgzoAkj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.2&#160;</span></td>
    <td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjdNdeLkU8Wh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,283.5&#160;</span></td>
    <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcaiA6wLnMQl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;87.3&#160;</span></td>
    <td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcrXDro7i7ec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,923.7&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zYXCBeR16l6b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6,305.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSJjKlPT2TK" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(24.6)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zW38vCj0Y1Ij" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,531.4)</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhwAfiLNZWT5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(349.8)</span></td>
    <td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNOA0l2xmrs7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2528">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhFPbtA5GGLe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,905.8)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWCiv2IhJRrh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,173.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKG99yG72OVi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,083.9&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zmfTCnWNTogk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;553.4&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhNU4kYCrQjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5,870.4)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_znQ18cHgZmKb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,060.0)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxvDKLm7t2Ma" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,494.2&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAtrxzYZKb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;39,818.3&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z82o8pZu9AGc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,682.7&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9AgcuYfSpib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,350.0&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z4pOALLc5nq2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;66,345.2&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 40%">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Land and buildings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Plant and equipment</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixtures and fittings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Under construction</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Depreciation</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zARN6MXvM8Lh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,993.6)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPi8vPxnFnKk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(23,831.0)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQ7KZEREU4Ok" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5,795.1)</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgcPjKY4tPpg" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTUJPAKbqCu1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(33,619.7)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVFkPHeBo37i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(39.7)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc50gzXdySkl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(52.4)</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zl1nSsyh1GB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.6&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQikLSS0rQ87" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWnZKHVBupOg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(81.5)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_987_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFMtAKtsCWDf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(94.1)</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zimMf3B0S4c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(557.6)</span></td>
    <td id="xdx_980_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z33s8hsOixXf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(146.6)</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zC0flM4M8Uf7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWOdbAyfBYw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(798.3)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Acquisition through business combinations</span></td>
    <td id="xdx_98A_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zya2qFkMtkKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.3)</span></td>
    <td id="xdx_980_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs0rSygyPwhb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.1)</span></td>
    <td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQY06xCUOhY9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.2)</span></td>
    <td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zY3PJBqftctk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0RqABCWjZC5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.6)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDfur8MWwq7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(398.1)</span></td>
    <td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zb7Jx4T9dCy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,098.5)</span></td>
    <td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zONbS28rlbJ5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(634.4)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlOsuPqiDc6j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zOY9116oTA9c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4,131.0)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSMeap2UZm6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;46.6&#160;</span></td>
    <td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVIGClUlY65k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,222.6&#160;</span></td>
    <td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zr0v8cREylg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;320.6&#160;</span></td>
    <td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZleOw2k896c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPibWIm4b9lc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,589.8&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTAoEMmeH1d7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;36.6&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU8bNy5CWZue" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.3&#160;</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zF0iEd1ndjsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.4&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zrc6kfMfXkT9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zy9aLaDTakpf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;43.3&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impairment losses</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztemukLEXB2k" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.1)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEOZKnqWlewe" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(269.0)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zGCYWyvUOIt8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.1)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWtUoTvNXfV4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRlJYWNZTtjk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(278.2)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKRPzXlSzJPe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4,449.7)</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPWe7FfMC0r9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(26,585.7)</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZcPuH1sjJOc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,241.8)</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zf8Kft78J6A2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG9ueTZJYx" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(37,277.2)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD92lJKkv96l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;243.8&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFuFg82yXChj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,311.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcQztDuCxC1d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;767.9&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDpIb69fKF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoR6t5abq0Wj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,322.8&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z20oIKC2kUO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(157.8)</span></td>
    <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlTP3JmvecXg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,938.4)</span></td>
    <td id="xdx_98A_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zx7vMIN3b1ge" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(647.7)</span></td>
    <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zu6p9fF89wue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zdk1WLNPdC98" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,743.9)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNMQjLx3XC3b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(436.4)</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgl9ULimaD7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,161.0)</span></td>
    <td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRDZ9J32MTsc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(579.7)</span></td>
    <td id="xdx_98A_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJpx7FAT5vNa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2668">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zw7v2bbxejJg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4,177.1)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposals and write-offs</span></td>
    <td id="xdx_983_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQEGCob2Yoik" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.5&#160;</span></td>
    <td id="xdx_980_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU7MjWih83rb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,515.7&#160;</span></td>
    <td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7IkESVuVgS6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;335.2&#160;</span></td>
    <td id="xdx_984_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs1kUK7ZpXt1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zUMXZAGlb5o6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,855.4&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSfw4shtqGoc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.1&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz6hRVQNJVz" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.7&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjN15zuH7O4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.3&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRcQoXTN74O5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1mxM96ClBza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;40.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impairment losses</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbB7uKj7fCfc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.4)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVVi2sTeEwn6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(403.6)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zkObd932xXal" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl2696">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zP4sHBE2Ivhb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEEjFcX6LBta" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(404.0)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIEy2FMWtTNj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4,795.9)</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zpqqEoPwboT6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(28,229.2)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9qou4ZXMKlj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,358.8)</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbhDst8iWu4h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVXWVbBFVKLk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(39,383.9)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zsusdY60iVh7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,090.2&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zctkQyHJKxW6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;10,884.0&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAuSFSRRo52j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,285.1&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz7RDMGXK8Zi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,404.7&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcPOfhgUYVDj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;26,664.0&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7vztkbpoUW" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,698.3&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD2oW5sBu4pa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;11,589.1&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQUDciQ37hv9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,323.9&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zBOmAZIy8tgg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,350.0&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAD0OOeduWc6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;26,961.3&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The balances of fixed assets provided as security are
not material.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"><b>Right-of-use asset:</b></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: top; width: 52%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Buildings</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Machinery, equipment and vehicles</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition cost</b></span></td>
    <td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z8AtucGlz2a2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,791.6&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zo487D8GAKT" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,905.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zJ4o072Ih8E1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;175.5&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUytO7L1snIj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,873.0&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zgVn7vGJm2Yg" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;51.8&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z60IvhUkZhJe" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.0&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zh4Axxo4Ipkl" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.3&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zK3P6cmKBMue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;62.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zxRAf5YlkPgd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;803.9&#160;</span></td>
    <td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zsTQ3qlQuZU2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,409.6&#160;</span></td>
    <td id="xdx_982_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zaWhARS6fdxe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;71.2&#160;</span></td>
    <td id="xdx_980_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zG6ysg0dFb75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,284.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zvLrkF7TKLm2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(312.4)</span></td>
    <td id="xdx_98C_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zWoh81CRWFN" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,327.8)</span></td>
    <td id="xdx_98F_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zKPPIOEs0t6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(122.7)</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzx0rS8EK5Bj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,762.9)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqraWIOe2z6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(27.7)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zlG3dSG6FGVb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(76.5)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKbMWyiqTbB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;90.3&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z2guAGMc5qAh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(13.9)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6Ul44Q65dk8" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,307.2&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMwOzkgOlN17" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,915.2&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zNrHf1X69n9b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;220.6&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zL9KLzztd49b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,443.0&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zwxWbkE0DhAk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(111.6)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv7HnTL1P5vd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.7)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z97Y7Tao6qnb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.4)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zr2zLfTZ7Efl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(128.7)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zIgvKR1xiWwa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;628.0&#160;</span></td>
    <td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zwRimQ3Rc34e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;915.0&#160;</span></td>
    <td id="xdx_98E_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zfHouh9NH2dl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;94.7&#160;</span></td>
    <td id="xdx_98B_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z9DvvQ5bHOt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,637.7&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zeGrFCrrwKN2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.2)</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zdEKs3YZoOm4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(252.5)</span></td>
    <td id="xdx_982_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zuvUbaS85JPk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zR0i1r0aLoU3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(263.7)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv67oAbNPDa5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(114.0)</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z555wr3jmVR5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;21.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUoYHcxN01Ne" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.8)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzbkZaw9BOVa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(100.1)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBhkbTKz3n56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,698.4&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zszVUzN6dIbb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,587.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhljZNMfyQP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;302.1&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4N0Sy6Cpw2f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,588.2&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 52%">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Buildings</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Machinery, equipment and vehicles</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Depreciation</b></span></td>
    <td colspan="4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqiiRH1sTuxg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(812.9)</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zse5YoE0anj4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,017.9)</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRzpTo2dfO2l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(126.7)</b></span></td>
    <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z99l9UyenQJ2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,957.5)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zbv7gHZmjQKb" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.3)</span></td>
    <td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.5)</span></td>
    <td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.6)</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zYIFQVEjt1t5" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(24.4)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_983_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zGBhBh8xrkb4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(476.3)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zH5znmeEk8D5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(489.4)</span></td>
    <td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpFCx9u4znal" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(58.7)</span></td>
    <td id="xdx_986_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6DpozWiLCF5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,024.4)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zfqkli690KF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;205.8&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zlXAJs9GwoNi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;794.9&#160;</span></td>
    <td id="xdx_98D_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zWEPACjJphe4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;109.6&#160;</span></td>
    <td id="xdx_98B_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhEp5vPbIxza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,110.3&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers (from)/to other asset categories</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ziowCmWNcR1e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;43.1&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(31.2)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl7dpKmvBjFk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.4&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zrRzPfUmr84f" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,101.2)</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zXZgQ3BT9WTb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(670.8)</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMDiqpKVhAQg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(110.6)</b></span></td>
    <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIRDf0s3siR" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,882.6)</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRaFVp06YIi5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;47.3&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.0&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zFTgmLgjTDVh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;56.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</span></td>
    <td id="xdx_98B_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBAgaAJlK4ce" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(391.6)</span></td>
    <td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDEsDugOPlNl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(415.3)</span></td>
    <td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z5ZkOQzLIlo2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(38.6)</span></td>
    <td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4A55PKKxjA9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(845.5)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Write-offs</span></td>
    <td id="xdx_984_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zWXv1N7vksL3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;20.9&#160;</span></td>
    <td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zc1viWyHtFch" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;58.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zBSXoacpuwQj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zULY1reLQmV9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.9&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers (from)/to other asset categories</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zi1b0B776Ii" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;77.1&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td>
    <td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.5&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zV9D5SVAuBIl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;99.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKr66Y6ZKCo1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,347.5)</b></span></td>
    <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zWss27nnSsPf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,010.3)</b></span></td>
    <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDbi9HJehZY6" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(135.9)</b></span></td>
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  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zmhH5vDKlTS7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,206.0&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl28Pl5w27Ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,244.4&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIhe0xlvmF5a" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;110.0&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZgKYAYF6Tqf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,560.4&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zkyKZVSsmCIj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,350.9&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzgvedy0ubFf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,577.4&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDnSwBhgeu0d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;166.2&#160;</b></span></td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AverageDiscountRateAppliedForIFRS16TextBlock', window );">Schedule of average discount rate applied for IFRS 16</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--AverageDiscountRateAppliedForIFRS16TextBlock_pn5n6_zyL3inYFNdil" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Average Discount Rate Applied for IFRS 16 for January 1st (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zyZjx1t1cIa8" style="display: none">Schedule of average discount rate applied for IFRS 16</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Lease Term</b></span></td>
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    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 3%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
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    <td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zNp6Thr5LB2g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">9.46%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_ztaAO73erARc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">7.29%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zK9yI1WHh8I9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">10.54%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">2027 - 2031</span></td>
    <td id="xdx_985_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zt8f2zVvZwY8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">10.27%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_ziLrIhrq2G1c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">9.78%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zWUTr0SdNsP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">8.19%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">2032 - 2036</span></td>
    <td id="xdx_98A_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_z0gTKo5HFzYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">15.16%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zUQcefq82x42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">14.47%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zgtRE6wKjEB3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"><span style="font-family: Times New Roman,serif; font-size: 9pt">10.97%</span></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131452762432">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>GOODWILL (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GoodwillAbstract', window );"><strong>Goodwill - Changes In Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory', window );">Schedule of reconciliation of changes in goodwill</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfReconciliationOfChangesInGoodwillExplanatory_pn5n6_z4nsw5GGYe03" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Changes in the Period (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B0_znauQH3tHhRf" style="display: none">Schedule of reconciliation of changes in goodwill</span></td>
    <td id="xdx_497_20220101__20221231_zOMf6FmRrH7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_497_20210101__20211231_zHCIbgqxl0jb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 66%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_405_eifrs-full--Goodwill_iS_z8tD6HlyR3lf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Balance at the end of the previous year</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;42,411.3&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;40,023.5&#160;</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_zxrJtjwsGT84" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3,510.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,255.3&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,709.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,092.4&#160;</span></td></tr>
  <tr id="xdx_405_ecustom--IncreaseDecreaseThroughBusinessCombinationsGoodwill_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Acquisitions, (write-offs) and disposal through business combinations</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(16.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;40.1&#160;</span></td></tr>
  <tr id="xdx_404_eifrs-full--Goodwill_iE_zj2gm7gLKzh2" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Balance at the end of the year</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;40,594.0&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;42,411.3&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory', window );">Schedule of carrying amount of goodwill</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_pn5n6_zzdQfZ42iMK4" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Carrying Amount of Goodwill Allocated to the Different Cash-generating Units (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zHHCt2DvdMw" style="display: none">Schedule of carrying amount of goodwill</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Functional currency</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Brazil</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">BRL</span></td>
    <td id="xdx_989_eifrs-full--Goodwill_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zVDcfUUxkymi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;17,702.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_z32xiBA4Nb85" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;17,702.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Goodwill</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--GoodwillGrossAmount_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zgVZVDZDUScl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;102,945.0&#160;</span></td>
    <td id="xdx_985_ecustom--GoodwillGrossAmount_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zV9uq4vd43W7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;102,945.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">&#160;Non-controlling transactions&#160;</span><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></td>
    <td id="xdx_987_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zQi0e4tmL4R2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(85,242.6)</span></td>
    <td id="xdx_985_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zKfWHt3UvgU1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(85,242.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>CAC:</b></span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dominican Republic</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">DOP</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zhRdGA9GhFEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;4,231.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zamPLQ0OTncd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;4,439.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Panama</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PAB</span></td>
    <td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zwO3vBd4VaBj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,813.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zgKWUpJAFwh8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,939.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Latin America - South:</b></span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Argentina</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ARS</span></td>
    <td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zHZ2Ncs6gZHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3,463.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zo3iRmZ1rOZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3,232.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bolivia</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">BOB</span></td>
    <td id="xdx_98B_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zG49R1e8NFsf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,845.6&#160;</span></td>
    <td id="xdx_981_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zpmjbX0n5Umd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,973.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Chile</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">CLP</span></td>
    <td id="xdx_98A_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_z15TqvaAhI36" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;53.1&#160;</span></td>
    <td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zr1st4UtZBxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;57.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Paraguay</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PYG</span></td>
    <td id="xdx_984_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zIdnCzoMXbQ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;953.8&#160;</span></td>
    <td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zqYyXtRjDh2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,083.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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<p style="font: 8pt/115% Times New Roman,serif; margin: 0">&#160;</p>

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  <td id="xdx_F08_zR2hGsQ0h9r7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_zTiQB5QAkhEa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">This refers to the shareholding exchange transaction in 2013 as a result of the adoption of the predecessor basis of accounting.</td></tr>
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<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_zatjSSKXrtRg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Weighted Average Cost of Capital (Details)">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455714000">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INTANGIBLES (Tables)<br></strong></div></th>
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    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zdUArWLYTkN8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5,653.3&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zFgeOpGB7FO8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,284.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGXkOaAWEMfi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,238.2&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zPlYU1hNjxJe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,100.8&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zP9yBLMnViM1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,276.8&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zjGEvNRPiFXb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;123.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zxZu65HOw7B6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16.3&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGHlQAwfQnFj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(20.9)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ToLjqqUDNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zj9ntKDSfqe2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;114.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zWRtvkF0qIO3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;622.0&#160;</span></td>
    <td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zmrwJlmeQDN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;56.1&#160;</span></td>
    <td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zrRGiPObatF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;103.8&#160;</span></td>
    <td id="xdx_98C_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zkl9IOMRAawi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;149.1&#160;</span></td>
    <td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zwVdDjhkKRqg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;931.0&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zw7liDQJxl7d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zuBzwKb4v0A" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zdg7VsPXDmlb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.0&#160;</span></td>
    <td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z7PGqIxnRVk4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;340.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKyDJIYSINKi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;366.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal&#160;</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zNejsx3OPPu6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(31.0)</span></td>
    <td id="xdx_986_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI6HZF135Ru8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z4UEnl9w5ph9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(13.4)</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zqIj01NX2Jl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVTJRMna2Tzf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(44.4)</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsuz8rlNaP0f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(39.0)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z0aTOUVR0uKj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.5)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zXqqSOb7tlR8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;625.3&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW1gZ7Ka0h4b" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(206.9)</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zhLoceeL1thd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;370.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zCMvdIshiaM3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,329.0&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zsHJSgFEDAHc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,348.4&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZ8JQvbuHQi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,959.0&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW7RfREhw496" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,378.5&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z3GXyEqnMiu7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,014.9&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z8h5ehJTFgE3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,096.2)</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zbgIZa85Pk5b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(114.3)</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjZLGA94kc7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(351.3)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zjZlcMCHKKUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(308.4)</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zK68i0y6YQFd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,870.2)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zSGBivdM1dc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;930.3&#160;</span></td>
    <td id="xdx_98D_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zEHsjJD9EnVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;71.3&#160;</span></td>
    <td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z9GnRG8IUo5f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;338.7&#160;</span></td>
    <td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zuwceQCpG4Nb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;292.3&#160;</span></td>
    <td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znJY8O6rdEJl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,632.6&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Additions</span></td>
    <td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zvNOZK44nBjc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zMjdulY2Wpe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zElPr3dL8dC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.9&#160;</span></td>
    <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zSUX1bOKVSZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;220.5&#160;</span></td>
    <td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVYrsJchb77k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;227.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal&#160;</span></td>
    <td id="xdx_989_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbA8rJkuYIXh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zOnQ0SarOXn2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zftGnTPzTY7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zfweYLy98bje" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zEPchHBfrqp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zW0cyXWQIFxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zG3ZkMQ7k31f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.2&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjX1xpwEnA4l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,400.7&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zE6NxfSv1A34" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(364.1)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z82nuXNtCLNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,039.8&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zhSM6K0TjKLj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,163.1&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zkB7qoiTcbg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,308.6&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zhLcMB2FwGY7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,353.9&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zGojVYeTsk7a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,218.8&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zl7C9ig7Hep9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,044.4&#160;</b></span></td></tr>
</table>

<p style="margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 48%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 9%">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 13%"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Commercial</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%">&#160;</td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Brands</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>intangibles</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Software</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Others</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortization</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zQPEenF5GMyl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI84STufKmzf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,584.4)</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zR9TjKieXbv3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,458.3)</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zEdi6CFFnm0h" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(653.5)</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zvOndh4Js4tb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4,696.2)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zne95UIz7yrc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_ztDv0wBVpMse" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.1&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zqMgTxTyjgt5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15.1&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpXqgEHNsBsl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;20.7&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zZ4mw52ipYRd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;48.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zR9wKYvhC7Lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zcR72PJOOIb3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(56.0)</span></td>
    <td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zAoKrYUrEJ7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(83.8)</span></td>
    <td id="xdx_989_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z97Ir8hs1v04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(139.7)</span></td>
    <td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z1C1h9wnawcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(279.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Amortization</span></td>
    <td id="xdx_98B_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbWltTB3r0B5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z4KWQQLh84Mk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(58.4)</span></td>
    <td id="xdx_987_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zoXQiRuhogIf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(299.7)</span></td>
    <td id="xdx_981_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z1HVvVLRxh5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.8)</span></td>
    <td id="xdx_98D_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zaLpOnQ8RkEg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(404.9)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal</span></td>
    <td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zOMYbKHUJKFl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zf32L83Bpuf3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zPB5xZc2NrO7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.1&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zt7qu0fXaP19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zUxnljIITkOi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zHBoXTzbSNCj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLiKS15RxZ8g" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;8.5&#160;</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2Z64b9myjo2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(16.7)</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zcePMpKWfRc7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zyt6XM0e1d5k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.3)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_985_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zGWD376SGZ43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z5Pt3qqeAzBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,677.2)</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z1b9mW7Zi571" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,829.3)</b></span></td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpcf34k5ZFBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(819.4)</b></span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zPF4UQpqLa4b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5,325.9)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zm246It4QkWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zCcv9K4K6x56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;69.6&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z55wVEbKPHjb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;220.7&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zX1pNKOChps7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;212.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za41Liljif1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;502.7&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Effects of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zc56KvVzFd63" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUjvd13Wozh9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(71.2)</span></td>
    <td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkjxXyCD4Jpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(211.8)</span></td>
    <td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zvfj0FdFxUcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(215.5)</span></td>
    <td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zmWeRE8U40l6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(498.5)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Amortization</span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbfPWHEvpwjf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLR16ssren41" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(58.1)</span></td>
    <td id="xdx_980_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zUp20bFIv3W2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(401.1)</span></td>
    <td id="xdx_984_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z0oye8nOcM9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(43.0)</span></td>
    <td id="xdx_989_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zreIu3rDM1lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(502.2)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Disposal</span></td>
    <td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z43HE6FOrNh1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUSlMRzI1jDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zQWznfZP7g2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.1&#160;</span></td>
    <td id="xdx_981_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zKKAtyEUefXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zfHZjNpUJlP" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Transfers from/(to) other asset categories</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsesMj5LCBV7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zSJsDJKJLJL7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zMGkHd82f0C2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.6&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zWOpXPRkqlz7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zsJCiZhXq8Ah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.6&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zBQbfshPFzCg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zBq0CLgNVvNe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,736.9)</b></span></td>
    <td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zf7VSKv7bwb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,219.8)</b></span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zxGZOUJlynV" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(865.5)</b></span></td>
    <td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zIJCA7VqjBdc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5,822.2)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount:</b></span></td>
    <td colspan="5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_987_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_ziuoniY3WDD4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,329.0&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zT77Y7GUByB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;671.2&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkITPBl5VTja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,129.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zO1XQHNyI4Ci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;559.1&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231_zclvVGEBnTN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;8,689.0&#160;</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_987_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zuZMc7Yn8fr5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,163.1&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zZUMcXFzCOJ4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;571.7&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z618GaQluPHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,134.1&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ATUKXe9nFa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;353.3&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231_znC5uCoYbhe7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,222.2&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory', window );">Schedule of carrying value of intangible assets with indefinite useful lives</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory_pn5n6_zjl5xIan9ZUd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTANGIBLES - Intangible Assets by Location (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B2_zSHCgtSh59za" style="display: none">Schedule of carrying value of intangible assets with indefinite
useful lives</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Argentina</span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zb1Ly2ZATwx7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,019.2&#160;</span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zWq9lQKI6IP" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,917.1&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bolivia</span></td>
    <td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z7nt2T2dItmj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;894.5&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z98cEYswX627" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;956.7&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Canada</span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_zfbMQyjje89d" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;206.4&#160;</span></td>
    <td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_z9vjC34ujeCj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;235.2&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Chile</span></td>
    <td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zVRtanz6YC1i" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;78.5&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zKQyx5L8tMul" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;84.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Luxembourg</span></td>
    <td id="xdx_981_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zlmhehPPMkIl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;339.6&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zMP4OslGuRhd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;339.6&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Paraguay</span></td>
    <td id="xdx_983_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zPF2Ri3OTSoc" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;542.7&#160;</span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zbm6UKPmPTK9" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;616.3&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dominican Republic</span></td>
    <td id="xdx_981_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInTheDominicanRepublicMember_z72e95aLtgdk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,593.0&#160;</span></td>
    <td id="xdx_98D_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInTheDominicanRepublicMember_zv5V5xuAgbfk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,670.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Panama</span></td>
    <td id="xdx_98C_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInPanamaMember_znaxUZqrZGtd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;358.8&#160;</span></td>
    <td id="xdx_986_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInPanamaMember_zBLYeHqH1yl7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;383.8&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Uruguay</span></td>
    <td id="xdx_98B_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInUruaguayMember_zzVGWHahbFa6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;130.4&#160;</span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInUruaguayMember_z22XDGUqL0Ih" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;125.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231_zV7rzFcEjyX7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;6,163.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231_zuQYGrBG7zW" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;6,329.0&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IntangiblesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IntangiblesAbstract</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about intangible assets. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of intangible assets with an indefinite useful life. [Refer: Intangible assets with indefinite useful life]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 122<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_122_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455769584">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INVESTMENT SECURITIES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureInvestmentSecuritiesAbstract', window );"><strong>Investment Securities</strong></a></td>
<td class="text">&#160;<span></span>
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<tr class="ro">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<p style="font: 8pt/115% Times New Roman,serif; margin: 0"><b>&#160;</b></p>

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  <td id="xdx_F13_zlesEqIJr5oh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The balance refers substantially to financial investments linked to tax incentives that do not have immediate&#160;convertibility into&#160;a
known amount&#160;of&#160;cash.</td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447986112">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="text">&#160;<span></span>
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</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock', window );">Schedule of expected nominal rates</a></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 12pt">from <span id="xdx_902_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zIPOZkWqoLG9" title="Applied rates">10</span>% to <span id="xdx_90B_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmrH8yFqDmZb" title="Applied rates">35</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Amendments to Argentine tax legislation enacted in June 2021 and applicable from January 2021 increased the income tax rate from <span id="xdx_909_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210601__20210630__srt--StatementGeographicalAxis__custom--ArgentineMember_zxN5spX2ToVk" title="Applicable tax rate, first two years after legislation changes">30</span>%
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
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    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zdK3RMtutW62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td>
    <td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zeq3qNOPFps2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zudsWweEBIfi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zLqeUkmEufW8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12.5&#160;</span></td>
    <td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zoxFwSfRIUDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.5)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zuctewar5Hd7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Intangible</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zM94D7HCopfd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zqdkktdQpPPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,690.2)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zfPnNo7Z4gHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,690.2)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zN63AyDb6RLa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zLIh54UMjvi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,634.5)</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zvcdh5AEz591" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,634.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Employee benefits</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zK0QfrRuIO11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;951.2&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zZF5aYObz8G7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zJFGDUPJrRC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;951.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zQp8vyJzmEOf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,278.2&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zwXOOAWPqhMi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.0)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zsk15DjRIrze" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,276.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJ3LNGiT1gN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,232.8&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_ztfvPQhEDkUd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.9)</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z7Y3HoZoErl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,229.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zPsBJgc5mrD" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,113.3&#160;</span></td>
    <td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z6q40KsLBaz2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.1)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJdLyGmaphW3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,112.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zFrei5kh0Idg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;38.6&#160;</span></td>
    <td id="xdx_986_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zu7OWEro1yG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.8)</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zJ6QxwwXQtT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zvIUf88xwSV4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.6&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zeHnuZCoYg69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl3457">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zRpURLBVjsD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zaac8aC9fG1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;95.1&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zcuyS9r2w8Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(44.8)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zKfpZEdOirD2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zyJZLRybRKS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;232.2&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zWUc4QKrI0h1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(72.4)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zxlP3ltDviQ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;159.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-Bearing Loans and Borrowings</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zAVa1YNYA93h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zep7IhL8KE3j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.9)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zMzi5J1QR8q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zZVJ1hF11sab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z6oFSY18c8l8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.6)</span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1kwesiRdlli" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inventories</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zAReztFDmd5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;413.9&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zO0d7KZD5a28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(139.3)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zrAXxaFw0Z03" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;274.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z6jDmrn3GVSj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;328.2&#160;</span></td>
    <td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zJ07RXLPy0Nh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(49.1)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zRGc4WachSnc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;279.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Property, plant and equipment</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zwIHce3r3o95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;899.5&#160;</span></td>
    <td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zvUtzoLnSR6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,177.1)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zCymp9pxQyid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,277.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_z2gYIlOydxIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;645.4&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zR5m2SJeMT97" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,027.0)</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zOf45JKTP1da" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,381.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Withholding tax on undistributed profits and royalties</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpcM8pO8Aq92" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zcWYKnRLBrj1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,877.6)</span></td>
    <td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpzvqCP6J964" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,877.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zqnGdKCypcol" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zBtTDYVdnxNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,079.5)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zt4VWLoYGe4d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,079.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments in joint ventures</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zH49yzGu8v71" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zjkBGvRPDFu8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zOvX6eXsAUk7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zIYf7yD83JJf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zuClhM9sISc7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zVdeYVbOgh5k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Losses carried forward</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zn88BxXRuA4i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,660.7&#160;</span></td>
    <td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zZkhCUxWygh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zwAOjBIeS5vb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,660.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zLY5kr2NS905" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,298.8&#160;</span></td>
    <td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zsEPCdheEuwd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zb2ln2JD4Ew8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,298.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Provisions</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_z90pEIIbF3Hl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;819.3&#160;</span></td>
    <td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zdO392LZKkP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zlKmNoxqS6G9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;819.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zKf1phQsOYvb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;696.9&#160;</span></td>
    <td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zVGUsP5vQ6W8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.2)</span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zHtu9c1m7Bn" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;696.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impact of the adoption of IFRS 16 (Leases)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zhkS3nQi9V86" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;35.1&#160;</span></td>
    <td id="xdx_980_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwDtBWoEMHj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.4)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_z3ypYjKtJVsj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zZL7bmmp5wVc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.6&#160;</span></td>
    <td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zqc09q9yaLy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.3)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zfXBJFtYn8j3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ICMS on the assessment bases of PIS/COFINS</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zwh0oKCrObRf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zEnMIRt8RDsh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zZuiFIdDIvqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zaLqB6gGEaZ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zHpBtrl649l9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,019.6)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_ztvQszTxop96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,019.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other items</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z95c6gn6DDtg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;260.8&#160;</span></td>
    <td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zIsEpaG7dtfg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(164.1)</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znBhqbJnUHb9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;96.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zNKMbG9bwB3l" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;110.3&#160;</span></td>
    <td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zWRUBDdcjfel" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.9)</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zmrQjZPxaf48" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;90.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Gross deferred tax assets/(liabilities)</b></span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231_zIun48GAm7X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,415.0&#160;</b></span></td>
    <td id="xdx_982_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231_zqmmvdxqe2Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,701.9)</b></span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z0cjIoErjDX6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,713.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231_zRWnerxUko72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;8,845.0&#160;</b></span></td>
    <td id="xdx_985_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231_zrYkb3Rebj1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(7,331.3)</b></span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zuta56xCvUO5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,513.7&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Netting by taxable entity</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn5n6_c20220101__20221231_zUOxbqMT36he" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,976.2)</span></td>
    <td id="xdx_98B_ecustom--DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_pn5n6_c20220101__20221231_zr7hedNNr3Y5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,976.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn5n6_c20210101__20211231_z4yvHQNcVhA1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4,117.3)</span></td>
    <td id="xdx_981_ecustom--DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_pn5n6_c20210101__20211231_zGYOgY0hWHf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,117.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net deferred tax assets/(liabilities)</b></span></td>
    <td id="xdx_982_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20221231_zeXFSLt9Qc15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,438.8&#160;</b></span></td>
    <td id="xdx_984_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20221231_zrKy6S8hXW04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,725.7)</b></span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z7e1wwfDRtUl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,713.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20211231_zG38PZ2YC3rj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,727.7&#160;</b></span></td>
    <td id="xdx_98B_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20211231_zvUU8hiZxMr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,214.0)</b></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_z1nbUnZdQQRi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,513.7&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock', window );">Schedule of deferred tax assets and liabilities</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock_pn5n6_zhgCOiQAhUWi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Taxes Not Related to Tax Losses (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zRyB8thJZLb6" style="display: none">Schedule of deferred tax assets and liabilities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 50%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Deferred taxes not related to tax losses</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>to be realized within 12 months</b></span></td>
    <td style="width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>to be realized after 12 months</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zRF6bZrKBAT5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zQtYzjGEMuue" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_znvmPoNbVfxh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Intangible</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zHnXxI7aVynd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.3)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_ztyVYPTz3Cf6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,688.9)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zQw5YeA9EnW4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,690.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Employee benefits</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zAaLNhqEbspe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;230.8&#160;</span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zLq68RoGe0il" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;720.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_z4IC1LbU5DP7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;951.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zh52Fypx0Lp1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(209.4)</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zHAhnXXMODMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,439.3&#160;</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zRNWX4N7xofl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,229.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zEOlwMkdrUbd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;25.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zGFM2SF7ir2l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;9.0&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zdSvPdOGFsr3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zPFasiuGxy9f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(199.9)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zn7xs0R6EbA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;250.2&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zXrlP6Px7dYa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowings</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zBAq8nyCOumg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.6)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zkhFup4jV4u2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.2&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1Pm1duRzay4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inventories</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zXNfA6g37zz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;403.3&#160;</span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zS5IJUBCYv8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(128.7)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z04clfJBjSBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;274.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Property, plant and equipment</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zrusJ4lyFMp8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;51.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zMNSjHhzYoZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,329.3)</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zHX1nhnmuHC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,277.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Withholding tax on undistributed profits and royalties</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zSr1BNIHZFvg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(172.7)</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_z3Ssz5bNy6H6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,704.9)</span></td>
    <td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zhPlKwtN06o6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,877.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments in joint ventures</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zvJD8YK1R4Vd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zDQYbFzDX8P6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zO3DthDzvBw2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(421.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Provisions</span></td>
    <td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zJDbJP2Q6cab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;465.2&#160;</span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zvUMjVZvSNKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;354.1&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zoIeSoMWtOHa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;819.3&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Impact of the adoption of IFRS 16 (Leases)</span></td>
    <td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwUTeGZVG6eh" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zDmggwxqZaDa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zKrbsRdOTmbk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ICMS on the assessment bases of PIS/COFINS</span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zrxoaTjsfQt3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_z6E0JaM1ZL02" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td>
    <td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zy0VP8SsRUE4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(168.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other items</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z8GErL6lPh01" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;29.0&#160;</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zqJMsQabO1P" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;67.7&#160;</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znT7w1qQgQ3h" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;96.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zmhXkVHS1Xng" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;621.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zhHljUufO15c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(569.5)</b></span></td>
    <td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zJlBUUAFb84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;52.4&#160;</b></span></td></tr>
  </table>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock', window );">Schedule of deferred tax realization related to tax losses</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock_pn5n6_zOR5vppYtzk6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Tax Related to Tax Losses (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><p style="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><span id="xdx_8B2_z6eAI85JIogk" style="display: none">Schedule of deferred tax realization related to tax losses</span></p>
</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 75%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Deferred tax related to tax losses</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2023</span></td>
    <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1mUtxgPJSBi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;256.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2024</span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zuI8HpCTQEJj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;168.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2025</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1CKcDfPcG3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;102.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2026</span></td>
    <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanThreeYearsAndNotLaterThanFoursYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zpoZcdyLju5g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;106.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2027</span></td>
    <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zH6ChPDhUXoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,146.6&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">2028 a 2030</span></td>
    <td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanFiveYearsAndNotLaterThanEightYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zXCoRtqngca7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;799.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif">2031 a 2032&#160;</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup>(i)</sup></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanEightYearsAndNotLaterThanTenYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_fKGkp_zmoqNPrDoQJg" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;79.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zUHLahlFMdVg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,660.7&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/150% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/150% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zwNdxxv7OrN2" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F18_ztFgl6Y0hAw1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">There is no expectation of realization beyond a term of ten years.</td></tr>
</table>


<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock', window );">Schedule of net change in deferred income tax and social contribution</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock_pn5n6_zgWGzhNw0E6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Net Change in Deferred Income Tax and Social Contribution (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zdGxWvanxyl9" style="display: none">Schedule of net change in deferred income tax and social contribution</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 81%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20201231_z9yeaS2S7tw9" style="white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;1,517.4&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Recognition of actuarial gains/(losses)</span></td>
    <td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zhGKKP3KsLw5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(116.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Investment hedge &#8211; put option granted on subsidiaries</span></td>
    <td id="xdx_98A_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zHySQChFDVA4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investment hedge - put option of a subsidiary interest"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(99.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cash flow hedge &#8211; gains/(losses)</span></td>
    <td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_z4A96SxPvrq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedge - gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(239.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gains/(losses) on translation of other foreign operations&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zqtugtlT9yb4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;398.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in other comprehensive income</b></span></td>
    <td id="xdx_986_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zcXkQS3UiUT9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(58.2)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Recognized in the income statement</b></span></td>
    <td id="xdx_98A_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20210101__20211231_zelwvuAr6KOg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;632.0&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Changes directly in the balance sheet</b></span></td>
    <td id="xdx_982_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20210101__20211231_zLYI3g5HOka8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(577.5)</b></span></td></tr>
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    <td id="xdx_988_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20210101__20211231_zHMAYgBbiaS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(256.1)</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98F_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20210101__20211231_zYl8CmWwz7N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(256.1)</span></td></tr>
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    <td id="xdx_98F_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20210101__20211231_zwGvej4ygU23" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other balance sheet group"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(321.4)</span></td></tr>
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    <td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zmLk4oekWqCl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;1,513.7&#160;</b></span></td></tr>
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    <td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zODTGSOACl5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(146.9)</span></td></tr>
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    <td id="xdx_98E_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zV3GybfPWBNb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investment hedge - put option of a subsidiary interest"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(105.0)</span></td></tr>
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    <td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zNp7sPOO0n7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedge - gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;41.3&#160;</span></td></tr>
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    <td id="xdx_983_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zyv0jcNYAjwf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(419.3)</span></td></tr>
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    <td id="xdx_983_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zICU3OjJqBb8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(629.9)</b></span></td></tr>
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    <td id="xdx_984_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20220101__20221231_ztlmd8rHMzLh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,374.5&#160;</b></span></td></tr>
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    <td id="xdx_983_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20220101__20221231_zzBmRne1s1Bc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(545.2)</b></span></td></tr>
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    <td id="xdx_98A_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20220101__20221231_zy3hNNiPIcm9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(595.5)</span></td></tr>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of application of IAS 29 (hyperinflation)</span></td>
    <td id="xdx_98A_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20220101__20221231_zzb8FWS3dO2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(595.5)</span></td></tr>
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    <td id="xdx_986_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20220101__20221231_zmjdd0K19b45" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other balance sheet group"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;50.3&#160;</span></td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450608928">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RECOVERABLE TAXES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="text">&#160;<span></span>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
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    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">PIS/COFINS exclusion of ICMS&#160;<sup>(i)</sup></span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231_zDchNz1G25C1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;6,005.4&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 9pt Times New Roman,serif">PIS/COFINS exclusion of ICMS&#160;<sup>(i)</sup></span></td>
    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zTSr7BSHgvuj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;73.5&#160;</span></td>
    <td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zjUo8HvVBTS2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;517.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">PIS/COFINS</span></td>
    <td id="xdx_985_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zXKKHzyWsmz6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;242.7&#160;</span></td>
    <td id="xdx_98A_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zjbHyy8863P1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;648.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ICMS</span></td>
    <td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_z5N9jRnMwjC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;542.2&#160;</span></td>
    <td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zOAi46NJQ8R3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;565.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_980_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zGIP2o4BuPrl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;131.0&#160;</span></td>
    <td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zjUYH3nhvZrd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;168.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_987_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zOjdHQ4FTpse" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;81.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current</b></span></td>
    <td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231_zTdsUuSybF1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;1,044.8&#160;</b></span></td>
    <td id="xdx_98D_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231_zbhXIqZoEHxc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;1,981.1&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total</b></span></td>
    <td id="xdx_98B_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20221231_zGjh3RufzCP7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;7,753.6&#160;</b></span></td>
    <td id="xdx_98D_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20211231_zCKNCaEdtHL2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;7,986.5&#160;</b></span></td></tr>
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<p style="font: 8pt Arial,sans-serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zkdWdzfgDeQa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1A_ziwqKuv4qZVd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">As detailed in Note 30 - <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS from
the calculation basis. The corresponding entry for recognition is recorded in the item PIS/COFINS - exclusion of ICMS, according
to the table above.</td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449711904">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INVENTORY (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;906.8&#160;</span></td></tr>
  <tr id="xdx_40D_eifrs-full--CurrentPrepayments_iI_maIzle7_zGj53u329t2a" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Prepayments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;358.3&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;645.9&#160;</span></td></tr>
  <tr id="xdx_400_ecustom--InventoriesImpairmentLosses_iNI_di_msIzle7_zmrUHIdfWrY4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Impairment losses</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(160.2)</span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(157.8)</span></td></tr>
  <tr id="xdx_407_eifrs-full--Inventories_iTI_mtIzle7_zuAe8BdFh8Q4" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">Total&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;12,923.0&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;11,000.3&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsExplanatory', window );">Schedule of changes in impairment losses on inventory</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfOtherProvisionsExplanatory_pn5n6_zMfN0vjayeYg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Changes in Provisions (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_z84DaxZRADf8"><span id="xdx_8B4_zL3tROFJ75gd" style="display: none">Schedule of provision changes</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2020</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Effect of changes in foreign exchange rates</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z1teOVTe343j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;184.1&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zJRLdHtQjOqj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5817">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zTcR2lABsIz3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;198.5&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_znBSzA4bWhFd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(57.3)</span></td>
    <td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zhuGtBDQxSU" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(106.7)</span></td>
    <td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zu5zcxUUr3Bh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;218.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z4vrWZlxhUa1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;129.9&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zBK08uys7P0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.8)</span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zyUe3wIkRXE2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zcODmZESftZa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(147.2)</span></td>
    <td id="xdx_981_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zTvCo5aSwGha" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(20.8)</span></td>
    <td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zzAbKH3DrY1k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;124.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ztb0sRp6n2Nl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;86.8&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ze7uUqdhLJ3l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.2)</span></td>
    <td id="xdx_986_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zoGIxnF9jYk1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.9&#160;</span></td>
    <td id="xdx_981_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zk9YONbReiK3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(71.8)</span></td>
    <td id="xdx_987_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zMQz1ocLvZW3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(33.8)</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zw44N8MIA5Ui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z64MKRX9ijqc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;156.7&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zKZygkqr8Lo1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbJ5KbZyYqte" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.6&#160;</span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbGdTQW5ZwHf" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.2)</span></td>
    <td id="xdx_980_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zgrnpYjYtwqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z5Gy1NXIGJc6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zVK8J30aoTf4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;557.5&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zXK2vJVoHQqe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1.0)</b></span></td>
    <td id="xdx_980_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z1XStjzPm494" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;650.1&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7SU9vZ4xr7i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(281.5)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqKEykFerTJ1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z4OrQA0S8ih4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCPS4Ql6Vrd9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zs4IVzHIrcJ4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zbwq74fGfv4l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zB8VUtQvpTUd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_984_ecustom--ProvisionReversedOtherProvisions_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zJscW6BeBUb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCIlamX1l57" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provisions</b></span></td>
    <td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20201231_zJj2XI74zCB3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;572.0&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231_zjea5B3BmZ2i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.2&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231_ziR0jbFW4xdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;656.9&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231_z3U7clWd13xg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(286.6)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231_zJvhDVbXB3fh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231_zOPYCkpbP3I4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;776.1&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Effect of changes in foreign exchange rates</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2022</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z2wg42H98KTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;218.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zk7BrcLHdmJa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5901">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zH2pRft9xMnk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;157.6&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zt8iNjUrPf23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(85.8)</span></td>
    <td id="xdx_98F_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zIK6Kc3xKLAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(43.3)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zERTcUTvgwN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;247.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
    <td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zLfsSWLHIL5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;124.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z1XJhBy5UJBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zm3nTF3gE7h8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;194.2&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zgBl7pMBnfQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(162.0)</span></td>
    <td id="xdx_986_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zOUTjLFDfbX3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.7)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zuKWldIFg9Gk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;132.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDji3vjPTCS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zt33aeYx9Qo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.5)</span></td>
    <td id="xdx_985_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDXq4kUTLdX4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;312.7&#160;</span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zJmBHqajpkNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(196.6)</span></td>
    <td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zAReOJGsSB9h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.6)</span></td>
    <td id="xdx_98F_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zuKyrN0kQ45a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;335.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zOZYYckCqgWi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z2DJV6yvpag6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.1)</span></td>
    <td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z6WDOH8f9SO" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;60.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z4IJ6vNAqgeg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.2)</span></td>
    <td id="xdx_989_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zjwHzulrdWK3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.0)</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zl92MXPro4ni" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7usezmWIRr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zfvI0tbFbtS4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(30.2)</b></span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqWQb2wXUDXk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;724.6&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zQJxGrai3Zs5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(451.6)</b></span></td>
    <td id="xdx_98B_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zAcM7I2ITth3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(93.6)</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zLbD5amy6Cg7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;907.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_InventoryProvisionMember', window );">Inventory Provision [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsExplanatory', window );">Schedule of changes in impairment losses on inventory</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_znhN1ggF9t53" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVENTORY - Changes in Impairment Losses on Inventory (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B9_zMkjkEztqHf4" style="display: none">Schedule of changes in impairment losses on inventory</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zp4diperCFC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt">(2.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448152640">
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<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 45%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentTradeReceivables_iI_maCTRNOzDnx_zj7g4Qxj82jj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Trade receivables</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5,737.5&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5,304.7&#160;</span></td></tr>
  <tr id="xdx_400_ecustom--BadDebtProvisions_iNI_di_msCTRNOzDnx_zVDG1O9csVqj" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bad debt provision</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(679.1)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(668.3)</span></td></tr>
  <tr id="xdx_408_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iTI_mtCTRNOzDnx_maTAOCRz5zq_zj0xNSOHiEGl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net, trade receivables&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,058.4&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,636.4&#160;</b></span></td></tr>
  <tr id="xdx_403_eifrs-full--TradeAndOtherCurrentReceivablesDueFromRelatedParties_iI_maTAOCRz5zq_zvVnojOFu7q9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Related parties (Note 31)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;290.7&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;155.2&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--TradeAndOtherCurrentReceivables_iTI_mtTAOCRz5zq_zZLxG6nP3cB9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total current trade receivables&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,349.1&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,791.6&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock', window );">Schedule of changes in bad debt provision</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock_pn5n6_zj5EilYeqKei" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE RECEIVABLES - Aging of Our Current Trade Receivables (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span id="xdx_8B2_zkF3jE8WtRp8" style="display: none">Schedule of current trade receivables,
net of impairment losses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Net carrying amount as of December 31,</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>No past due</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; within 30 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 31 - 60 days&#160;</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 61 - 90 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 91 - 180 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due &#8211; between 181 - 360 days</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Past due over 360 days</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Trade receivables</span></td>
    <td id="xdx_987_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231_ziQE0TF7CZul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">5,737.5</span></td>
    <td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zEUF0NP0lkYd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">4,573.0</span></td>
    <td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zJwkijMsCSJh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">343.8</span></td>
    <td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zRT7ma0SLdgl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">100.5</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zXVKBfMTR2R8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">49.4</span></td>
    <td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z2UFutdHG1U4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">19.3</span></td>
    <td id="xdx_98F_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zfll5nlIBz6d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">40.2</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z28MjvThjCx2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">611.3</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Bad debt provision</span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231_zBSGo5YmuRk4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(679.1)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zZ7dnlpLuPK1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zDc6sOULnerb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zDkhIkhZH25b" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(0.3)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zlpqjHwm6ye2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(10.8)</span></td>
    <td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zaTuIkKMXrK2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(16.5)</span></td>
    <td id="xdx_981_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zu01yJVsEcQ1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(40.2)</span></td>
    <td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zWLdPJjZeKD8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(611.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2022</b></span></td>
    <td id="xdx_98D_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231_zaUc6sPaOMxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>5,058.4</b></span></td>
    <td id="xdx_988_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zJSXIh4JdB1k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>4,573.0</b></span></td>
    <td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_ztDh2kHNLaye" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>343.8</b></span></td>
    <td id="xdx_98C_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ziT98B905rmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>100.2</b></span></td>
    <td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zWV16lC7Hzeb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>38.6</b></span></td>
    <td id="xdx_98A_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z3RqzG5kaHqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2.8</b></span></td>
    <td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zDic2TKa3hv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>-</b></span></td>
    <td id="xdx_989_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z6cPCZFUcXhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>-</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Trade receivables</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231_z6NAuClAz8aa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">5,304.7</span></td>
    <td id="xdx_983_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zlmORUqindYg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">4,201.9</span></td>
    <td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zmuTDVSWLS3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">358.2</span></td>
    <td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zLxxOwjBjzpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">52.1</span></td>
    <td id="xdx_98A_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_z2g1Ap632C1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">31.5</span></td>
    <td id="xdx_982_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zu6ILhPOhs8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">21.6</span></td>
    <td id="xdx_985_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zWYSaXmtbPt1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">33.8</span></td>
    <td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zzjptlLF2vFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">605.6</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Bad debt provision</span></td>
    <td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231_zcFYhSSgchQl" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(668.3)</span></td>
    <td id="xdx_980_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zLrVSSh76QSg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(10.4)</span></td>
    <td id="xdx_98D_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zhzi29XhFHC" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zfk9WTKjumE9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">-</span></td>
    <td id="xdx_98E_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zs6LTBGGhVP9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(2.3)</span></td>
    <td id="xdx_98F_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zboHPLE3g1De" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(16.2)</span></td>
    <td id="xdx_987_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zlNaKvJRTSee" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(33.8)</span></td>
    <td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z0iAi6bqWRMe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">(605.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2021</b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231_zkxOr2C1aMxb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>4,636.4</b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_z6l23eCRDyAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>4,191.5</b></span></td>
    <td id="xdx_982_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zGgPs2slIgCe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>358.2</b></span></td>
    <td id="xdx_980_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zg5r84IOBf4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>52.1</b></span></td>
    <td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zAtae5cCFs4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>29.2</b></span></td>
    <td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zUjmWg3Y8Hv" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>5.4</b></span></td>
    <td id="xdx_983_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_z95wyvcWSoth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b><span style="-sec-ix-hidden: xdx2ixbrl4004">-</span></b></span></td>
    <td id="xdx_98F_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zZCwCCGhvnIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>-</b></span></td></tr>
  </table>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify">The changes in bad debt provision, are as follows:</p>

<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zqDU2rcszZy3" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_z3YgMBP7dSak" style="display: none">Schedule of changes in bad debt provision</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_znrmx3jCypTk" style="border-bottom: black 1.5pt solid; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2020"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(676.5)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z9iFCIN9STwl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
    <td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z8q3ziXz4RZd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(32.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reversals</span></td>
    <td id="xdx_988_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zZQ8dj4Gl4W5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;21.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
    <td id="xdx_987_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zppfVNrTVwaj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;24.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zosDjtPDHi7e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2021"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(668.3)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zl4Gb0Gty2R7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;14.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
    <td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zOPGAi03dIJa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(47.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reversals</span></td>
    <td id="xdx_98A_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zSrC6mf4vzH2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Write-off</span></td>
    <td id="xdx_98C_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zyNM4FIDHZ65" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;20.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_983_eifrs-full--OtherProvisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zmrcpG1iN2lf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2022"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(679.1)</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsExplanatory', window );">Schedule of changes in bad debt provision</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfOtherProvisionsExplanatory_pn5n6_zMfN0vjayeYg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Changes in Provisions (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_z84DaxZRADf8"><span id="xdx_8B4_zL3tROFJ75gd" style="display: none">Schedule of provision changes</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2020</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Effect of changes in foreign exchange rates</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z1teOVTe343j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;184.1&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zJRLdHtQjOqj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5817">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zTcR2lABsIz3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;198.5&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_znBSzA4bWhFd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(57.3)</span></td>
    <td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zhuGtBDQxSU" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(106.7)</span></td>
    <td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zu5zcxUUr3Bh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;218.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z4vrWZlxhUa1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;129.9&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zBK08uys7P0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.8)</span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zyUe3wIkRXE2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zcODmZESftZa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(147.2)</span></td>
    <td id="xdx_981_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zTvCo5aSwGha" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(20.8)</span></td>
    <td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zzAbKH3DrY1k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;124.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ztb0sRp6n2Nl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;86.8&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ze7uUqdhLJ3l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.2)</span></td>
    <td id="xdx_986_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zoGIxnF9jYk1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.9&#160;</span></td>
    <td id="xdx_981_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zk9YONbReiK3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(71.8)</span></td>
    <td id="xdx_987_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zMQz1ocLvZW3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(33.8)</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zw44N8MIA5Ui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z64MKRX9ijqc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;156.7&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zKZygkqr8Lo1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbJ5KbZyYqte" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.6&#160;</span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbGdTQW5ZwHf" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.2)</span></td>
    <td id="xdx_980_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zgrnpYjYtwqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z5Gy1NXIGJc6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zVK8J30aoTf4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;557.5&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zXK2vJVoHQqe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1.0)</b></span></td>
    <td id="xdx_980_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z1XStjzPm494" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;650.1&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7SU9vZ4xr7i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(281.5)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqKEykFerTJ1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z4OrQA0S8ih4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCPS4Ql6Vrd9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zs4IVzHIrcJ4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zbwq74fGfv4l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zB8VUtQvpTUd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_984_ecustom--ProvisionReversedOtherProvisions_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zJscW6BeBUb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCIlamX1l57" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provisions</b></span></td>
    <td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20201231_zJj2XI74zCB3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;572.0&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231_zjea5B3BmZ2i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.2&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231_ziR0jbFW4xdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;656.9&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231_z3U7clWd13xg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(286.6)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231_zJvhDVbXB3fh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231_zOPYCkpbP3I4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;776.1&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td>
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    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2022</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z2wg42H98KTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;218.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zk7BrcLHdmJa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5901">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zH2pRft9xMnk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;157.6&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zt8iNjUrPf23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(85.8)</span></td>
    <td id="xdx_98F_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zIK6Kc3xKLAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(43.3)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zERTcUTvgwN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;247.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
    <td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zLfsSWLHIL5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;124.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z1XJhBy5UJBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zm3nTF3gE7h8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;194.2&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zgBl7pMBnfQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(162.0)</span></td>
    <td id="xdx_986_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zOUTjLFDfbX3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.7)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zuKWldIFg9Gk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;132.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDji3vjPTCS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zt33aeYx9Qo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.5)</span></td>
    <td id="xdx_985_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDXq4kUTLdX4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;312.7&#160;</span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zJmBHqajpkNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(196.6)</span></td>
    <td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zAReOJGsSB9h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.6)</span></td>
    <td id="xdx_98F_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zuKyrN0kQ45a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;335.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zOZYYckCqgWi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z2DJV6yvpag6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.1)</span></td>
    <td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z6WDOH8f9SO" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;60.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z4IJ6vNAqgeg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.2)</span></td>
    <td id="xdx_989_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zjwHzulrdWK3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.0)</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zl92MXPro4ni" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7usezmWIRr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zfvI0tbFbtS4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(30.2)</b></span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqWQb2wXUDXk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;724.6&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zQJxGrai3Zs5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(451.6)</b></span></td>
    <td id="xdx_98B_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zAcM7I2ITth3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(93.6)</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zLbD5amy6Cg7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;907.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
    <td id="xdx_983_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z1gSGVk5BeDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.4&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrTHSIsUUPb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.0)</span></td>
    <td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z7KRyexYDLo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5963">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrEorFTmd0X9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.6)</span></td>
    <td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z3KGcFoTDLC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5967">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z8HiIo7ksWm" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provisions</b></span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231_zyCpc8Tuqy3a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;776.1&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231_zMtuGd9pNhga" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(32.2)</b></span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231_zp9aKeFBjLQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;724.6&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231_zok5AXTPJVti" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(455.2)</b></span></td>
    <td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231_zAe2GtRiUP2b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(93.6)</b></span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231_zKBOnsBw72kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;919.7&#160;</b></span></td></tr>
  </table>

<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_BadDebtProvisionMember', window );">Bad Debt Provision [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsExplanatory', window );">Schedule of changes in bad debt provision</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zqDU2rcszZy3" style="width: 100%; border-collapse: collapse; font-size: 10pt">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_z3YgMBP7dSak" style="display: none">Schedule of changes in bad debt provision</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2020</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z9iFCIN9STwl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td></tr>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Provisions</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2021</b></span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of movements in foreign exchange in the balance sheet</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zl4Gb0Gty2R7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;14.0&#160;</span></td></tr>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reversals</span></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>At December 31, 2022</b></span></td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CASH AND CASH EQUIVALENTS (Tables)<br></strong></div></th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<p style="font: 8pt Arial,sans-serif; margin: 0"><b>&#160;</b></p>

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  <td id="xdx_F08_zai6CBorgNE" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1D_zkbSSSGqunmb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The balance refers mostly to Bank Deposit Certificates (&#8220;CDB&#8221;), with high liquidity, which are readily convertible into known
amounts of cash and which are subject to an insignificant risk of change in value.</td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449726096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureChangesInEquityAbstract', window );"><strong>Changes In Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfIssuedCapitalExplanatory', window );">Schedule of issued capital</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfIssuedCapitalExplanatory_pn5n6_zYCFQt0Qinv" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Stock (Details)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million common shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Reais</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Beginning balance</span></td>
    <td id="xdx_98A_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_z0vutq0Fan2k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,744.4&#160;</span></td>
    <td id="xdx_984_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zLBKat17NQS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;58,042.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_987_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zU5QIAl3CgY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,735.1&#160;</span></td>
    <td id="xdx_982_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zlt2B0btNMVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;57,899.1&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_985_ecustom--EquitySharesOutstanding_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zZyotXl9nm75" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,733.6&#160;</span></td>
    <td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zGLMSBoGx9y6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;57,866.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital&#160;increase</span><span style="font-family: Times New Roman,serif"><sup>&#160;(i)</sup><span style="font-size: 8pt">&#160;</span></span></td>
    <td id="xdx_984_ecustom--IssueOfEquityShares_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zeiq8ns1w9vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkpoA_____zYLpc8ZMW7Vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;88.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--IssueOfEquityShares_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXHjs6WEOfh9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;9.3&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IssueOfEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_z3E74SfyZKz5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;143.4&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--IssueOfEquityShares_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXDlyzeb1o9c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zpZIdgeCIkXf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif"><b>Final balance&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(ii)</sup></span></b></td>
    <td id="xdx_986_ecustom--EquitySharesOutstanding_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zWA9n6YHWo28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,750.2&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____z0qSBF0ghFT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;58,130.5&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zpxXbkTm2OC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,744.4&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zjhThg9KePyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;58,042.5&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zCzPzLWl8Xlc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,735.1&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zwVRkkrPihAc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;57,899.1&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/115% Arial,sans-serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F07_zfY57S7XqDEh" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_z8UnjhgIG3kd" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Capital increase related to the issue of shares.</td></tr>
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<p style="font: 5pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F00_z3qMTKv2bORj" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F17_zNm5lEk3TmZ6" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">The capital stock is fully subscribed and paid up.</td></tr>
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<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfClassesOfCapitalReservesTextBlock', window );">Schedule of capital reserves</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfClassesOfCapitalReservesTextBlock_pn5n6_z7Z1nUoX1fUj" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Reserves (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_zNPcYxPAjw62" style="display: none">Schedule of capital reserves</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Capital Reserves&#160;</b></span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Treasury shares&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Share Premium&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Other capital reserves&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Share-based Payments&#160;</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxVq0VExyECk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>(955.2)</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zIeyh9FqE53i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>53,662.8&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zqbAhuPSAhj5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>700.9&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zikWrrFo1ir6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>1,403.0&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z05QiynRXl49" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>54,811.5&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxdn1MkDonVd" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zaB4vIeM1e63" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zknYCE6X2fpb" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztHKEafpBjE1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">(32.3)</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zmLl6m9Lmbs5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">(32.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zNA8cz7hDF9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">13.5&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90D_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z8LUFC9uKLmh" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_904_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zzOybVXCP9th" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zG7kiCBR8lyf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">192.9&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8916K7FKc0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">206.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zz9T3HxSPa2b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(941.7)</b></span></td>
    <td id="xdx_984_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zAMpEetjR3b1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;53,662.8&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zpZTmwlM9vC5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;700.9&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_z4mOtkaIZAY4" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,563.6&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zcBGoj74rfj1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;54,985.6&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td id="xdx_98B_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zFuaJkchCH7l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(60.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_904_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zdng4CVRtnCh" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_909_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_z0vW69Tfpwe4" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zMhO88o3ktR5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(74.4)</span></td>
    <td id="xdx_989_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8PykBXl2Cdd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(134.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zb4fGkXQQTjj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(36.1)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_90B_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zxYK26oRHZpl" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zNtZ6ZAZ65Sj" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zrVrVSW3KSJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;372.1&#160;</span></td>
    <td id="xdx_989_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zR7mZAgFPSGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;336.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_985_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zWUuaW20CX4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,037.8)</b></span></td>
    <td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zyQ2YMTBIf2c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;53,662.8&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zMIHByMkepc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;700.9&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zgIYG7vNS4Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,861.3&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zUZ3xnMAL5Ld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;55,187.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capital Increase</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_905_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zYNgV79CVRK2" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_906_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zO3rBa0njrFl" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_90D_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zwMrlEEuKgy3" title="Capital Increase">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zY83lbmtHdog" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(64.2)</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zxn34hjzePyk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(64.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Purchases of shares, results of treasury shares and share-based payments</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zHazrlznTrvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(35.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_901_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z041uWJ2GTJk" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zugxcCjC3Eu2" title="Purchases of shares and results from treasury shares">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztJr6fT8vqn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.4&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIDgz90odum4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;216.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_983_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zTFLXiyqaoa7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,073.4)</b></span></td>
    <td id="xdx_986_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zgISDPZg3rcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;53,662.8&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zc46CDl3kqRj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;700.9&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zPM8A3FVxx17" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,049.5&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIp9NVkaWFN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;55,339.8&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfTreasurySharesExplanatory', window );">Schedule of treasury shares</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_889_eifrs-full--DisclosureOfTreasurySharesExplanatory_pn5n6_z1oE2KPNeYkb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Treasury Shares (Details)">
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zid2WgDFbwAd" style="display: none">Schedule of treasury shares</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Acquisition /realization of shares</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Result of Treasury Shares</b></span></td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Treasury Shares</b></span></td></tr>
  <tr>
    <td style="vertical-align: top; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million shares</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Brazilian Reais</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million shares</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Million Brazilian Reais</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20200101__20201231_zEPjZQhVM9x3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3.6&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20200101__20201231_zOA0eCzEAeLk" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(68.2)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TreasurySharesHeld_iS_pn5n6_c20200101__20201231_zHruPEoeoUkd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(887.0)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--TreasuryShares_iS_pn5n6_c20200101__20201231_zGyYaCfwOsU9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(955.2)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_98D_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20200101__20201231_zFKTQiqjCFDc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.4)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20200101__20201231_zjfMFLsvo0A3" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;65.0&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20200101__20201231_zEsQCDXAqAS7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(51.5)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20200101__20201231_z1ZjUj9et4d6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_98D_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20210101__20211231_zWfJEdDh2Mw" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.2&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20210101__20211231_zvn8ardWt5C5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.2)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--TreasurySharesHeld_iS_pn5n6_c20210101__20211231_zkniWz4y3oI6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(938.5)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--TreasuryShares_iS_pn5n6_c20210101__20211231_zba8YCHAvWLb" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(941.7)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_98C_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20210101__20211231_za9ZDd59jW7i" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.6&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20210101__20211231_zshm2lARtRAd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(95.1)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20210101__20211231_z5mN352JmoWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.0)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20210101__20211231_zIniguTpgpv5" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(96.1)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20220101__20221231_zWUcEYIDYmde" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;5.8&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20220101__20221231_zlSUsNzoy5P3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(98.3)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--TreasurySharesHeld_iS_pn5n6_c20220101__20221231_zIT4VQ9MKDs4" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(939.5)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--TreasuryShares_iS_pn5n6_c20220101__20221231_zQBNQ1NmghOi" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,037.8)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Changes during the year</span></td>
    <td id="xdx_986_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20220101__20221231_zpklnh6Xp9Ta" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20220101__20221231_zkEtkLrDC3Ol" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(33.5)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20220101__20221231_zTqjtplhK1N7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.1)</span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20220101__20221231_zaMP0s3RVSgd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(35.6)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_982_ecustom--TreasurySharesAcquiredrealizedOutstanding_iE_pn5n6_c20220101__20221231_zuAflKDkrYnd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;8.5&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iE_pn5n6_c20220101__20221231_zbzPmKvsiI6g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(131.8)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TreasurySharesHeld_iE_pn5n6_c20220101__20221231_zFqUbVBnytS6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(941.6)</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--TreasuryShares_iE_pn5n6_c20220101__20221231_zjeo73RShoO5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,073.4)</b></span></td></tr>
  </table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfNetIncomeReservesTextBlock', window );">Schedule of net income reserves</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfNetIncomeReservesTextBlock_pn5n6_zfe8LZeTF10e" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Net Income Reserves (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_zgq8EzOOiaB6" style="display: none">Schedule of net income reserves</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Net income reserves</b></span></td></tr>
  <tr>
    <td style="vertical-align: top; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Investments reserve&#160;</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Legal reserve&#160;</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Fiscal incentive&#160;</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zX1ed8Q3zPla" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;10,798.1&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z9Mkd3mksWYk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zvj4Jej3Ekef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;10,071.6&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zGIFAhDdc3Ih" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,874.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal&#160;incentive&#160;reserve&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zLIRasOTC8F4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4260">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_znY1seYBuL71" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zBCYTVDCG6g9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,332.8&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzeRGI5aq4Kf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,332.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments&#160;reserve&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zo8ecsE1CcM8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,713.0&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zB51lJYNXgnj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zgeIwuMf8nT5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4272">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_z236uyzf5n3c" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,713.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2020&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zYWlcufvGKCl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,511.1&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zF5GDruBwyQa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zINqnim1tKRj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;11,404.4&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zFpK6OgbiBua" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;25,920.0&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal incentive reserve&#160;</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zT4NPmcnnAui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zs5Kr5OAr708" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zanm7X7N35ra" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,423.5&#160;</span></td>
    <td id="xdx_984_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzKANLsuDOmk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,423.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments reserve&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zgfGKMNSr621" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,848.1&#160;</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zcgN3yXJrQRk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zcRkH9YCXw04" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zOgy7CayDlGk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,848.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2021&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zVWCClV7PeD5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;18,359.2&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zZxgxKQkKgCd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zZqouQPbPcB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,827.9&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zEi9OLvYzzOk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;31,191.6&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Fiscal&#160;incentive&#160;reserve&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zXmOQv1zjgrl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z4m3Kt1os3S4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zegJXicJPSBj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,018.7&#160;</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zhJqphX7U9nf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,018.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investments&#160;reserve&#160;</span></td>
    <td id="xdx_98E_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zCMgqZonlXa3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,696.7&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zBZAs7XEAPU" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zbv85eBEgzp" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zBZvISAzsZO7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,696.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At&#160;December&#160;31,&#160;2022&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zUQDpaDgbQuk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;22,055.9&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zU2AbTQXqQZg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.5&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zLHTGcr6XdAe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,846.6&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zErxcZpf10k6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;36,907.0&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock', window );">Schedule of interest on shareholders' equity and dividends</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock_pn5n6_zOfvMmUc8FFi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Interest on Shareholders' Equity Dividends (Details)">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zYz0sLm0FgP" style="display: none">Schedule of interest on shareholders' equity and dividends</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">6/12/2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/29/2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2022</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221206__20221229_zYM9wLO7mOBk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.7623</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20221206__20221229_zK6us2j9Sg8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;11,999.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20220101__20221231_zM4qTL4uATRh" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;11,999.8&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the Operations and Finance Committee recommendation at the meeting held on December 5, 2022, a distribution of interest
on shareholders&#8217; equity in the amount of R$<span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221201__20221205_zqyrwNA9s8Vh">0.7623
</span>per share was approved, based on available balances, in the Company&#8217;s extraordinary balance sheet dated as at October 31,
2022, and in the Company&#8217;s investment reserve, pursuant to the balance sheet dated as at December 31, 2021, which were attributed
to the minimum mandatory dividends of the same fiscal year. The interest on the shareholders&#8217; equity distribution was taxed pursuant
to the applicable law, which resulted in a net interest on shareholder&#8217;s equity distribution of R$<span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211201__20211231_zR8pKRH22dDh" title="Interest on shareholders equity distribution">0.6480
</span>per Company share in fiscal year 2022.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>




<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 29, 2022,
considering the shareholding position of December 19, 2022 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2022 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2021:</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Dividends</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_98C_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pid_c20211209__20211230_zrF9fVUZfPe5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.1334</span></td>
    <td id="xdx_985_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20211209__20211230_zDbl3RTxeqZk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;2,099.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2021</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_98E_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20211209__20211230_zCAyy8jSdWcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.4702</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20211209__20211230_zYKm3kh6W3jh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;7,400.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20210101__20211231_z2FmYL76GsLg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;9,499.6&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of Dividends</span>. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a distribution of dividends
of R$<span id="xdx_904_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20211201__20211207_zmbFxu7Ja6S1">0.1334</span>
per share was approved, based on available balance and the Company&#8217;s extraordinary balance sheet dated as at November 30, 2021
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2021 considering
the shareholding position of December 17, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;), and December
21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><span style="text-decoration: underline">Distribution of interest on shareholders&#8217; equity</span>.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a
distribution of interest on shareholders&#8217; equity of R$<span id="xdx_902_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare1_pip0_c20211201__20211207_zdE0GezSExl7" title="Interest on shareholders equity dividends amount per share1">0.4702
</span>per share was approved, based on the available balance and the Company&#8217;s extraordinary balance sheet dated as at November
30, 2021 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#8217;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholder&#8217;s equity of R$<span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211101__20211130_zDFUz6SLvX58" title="Interest on shareholders equity distribution">0.3996
</span>per share.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The indicated payment was made on December 30, 2021,
considering the shareholding position of December 17, 2021 with respect to B3 S.A. &#8211; (&#8220;Brasil, Bolsa, Balc&#227;o&#8221;),
and December 21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>Events during the year ended 2020:</i></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><i>&#160;</i></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Event</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Approval</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Date of payment</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Year</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Type of share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Amount per share</b></span></td>
    <td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Total amount</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/21/2020</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Dividends</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">01/28/2021</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2020</span></td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_984_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20200101__20201231_zCx3AOQ1bzR7" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.0767</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20200101__20201231_z2Q7vSj1TXue" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;1,206.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Board of Directors Meeting</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/09/2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">Interest on shareholder&#180;s equity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">12/30/2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">2020</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">ON</span></td>
    <td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20200101__20201231_zBBMMIZV3vod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">0.4137</span></td>
    <td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20200101__20201231_zLRmaSPDxMh4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"><span style="font-family: Times New Roman,serif; font-size: 7.5pt">&#160;6,509.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20200101__20201231_zFY4lDuQQKDi" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>&#160;7,716.4&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfChangesInCarryingValueOfEquityTextBlock', window );">Schedule of Carrying value adjustments</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_88E_ecustom--DisclosureOfChangesInCarryingValueOfEquityTextBlock_pn5n6_zIEm9eFOUUNi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Carrying Value Adjustments (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zcr55hTCAs6" style="display: none">Schedule of Carrying value adjustments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying value adjustments</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 41%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Translation reserves</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><i>Cash flow hedge</i></b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Actuarial gains/ (losses)</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Put option granted on subsidiary</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gains/(losses) of non-controlling interest&#8217;s share</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Business combination</b></span></td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Accounting adjustments for transactions between shareholders</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At January 1, 2020</b></span></td>
    <td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z1xYIKOWjkyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,583.4&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zR2pl212ggvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;645.1&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPtTDRZwEZT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,221.0)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6ZQDCGnwF3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(50.2)</b></span></td>
    <td id="xdx_984_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDFvDozVOjC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy7t8cgyEmfb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;156.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjIk7nBHaQ1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(75,402.4)</b></span></td>
    <td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zaCHplzhP7ef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(72,274.5)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zMG8ihFdg9Md" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,493.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zcq1ABKg1jZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zkRxvYv53Jx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6u0JU0SlNB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zdLesvrzkld5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zojhi1Wxkpeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zxlfB76W0tKe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zagN3x2YeGcl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,493.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zxBPUOxkRoYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTcsBtlgInT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;99.4&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zJiiLbEVeQb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zEOOI6DIOGlf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zUbEUCAxk6zi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zFs9GXvcjaG2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zJeCxuEEHlT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zzPAmkjdeGT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;99.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zZqduoMv7Tme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zxv0d3IqNgZ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zRhbGZa4ziBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(252.3)</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zcqjvc2v68Vg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zLRLkkgJ4Lfj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zArP1eH09eY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSBjRXlotXE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zvkNq5ntsHda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(252.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zSOEnEFtkq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,493.1&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQUxwW5wMgZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;99.4&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znSHPeje8dfl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(252.3)</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQm73BuYgYr1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zinUdLGrQ8Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zT4QePRUTo2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjlzbpfGSvik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIVKNT7SCu8f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;7,340.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Options granted on subsidiaries</span></td>
    <td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z10Txo28ter1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zk1odwQDC2c6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z7XPi73MXSH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfA45vMQ5gy5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;45.2&#160;</span></td>
    <td id="xdx_980_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zmiDlf6xc7Y1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(82.6)</span></td>
    <td id="xdx_985_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGjoB7HebJDc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zbRPuOA78Jxh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zNMgmc1W4eX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(37.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zHhR5NUYq2Z4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z23pAXVlnF2d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPHO2aNdTJp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvdOvaxPjQ81" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zsiJXgHgjuHj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.4&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGHVBKDAwrjl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zXqUCAXXc0c1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zuT60jJT8B65" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zjGtOB4uQDSf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zHvdIOEyqh18" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z24bDoERUWDa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxGWIPQeQeoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zbgogwHwWd6a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.9)</span></td>
    <td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_z5Dm8FEaGEy1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zZ9w2VaB9jec" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zRcqJ1kpajKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_98B_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zRYdZDtL4Bdi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zp6kuwlLMQRj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zIwtRyrvjWIk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zidiVZECx8n8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z5egB06MfuQl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zORiwPYHjz91" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zCO3vRCJX7F6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zPZAZw6Rkike" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2020</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z4tlIzaijj4c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;11,076.5&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQCDxNvRuXe5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;744.5&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zbsIThwegKV7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,473.3)</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zLY3ddvVzY24" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5.0)</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zBCoFEhNfwEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(73.6)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zqcOpbauKkzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;156.1&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6z5zHz8C15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(75,414.2)</b></span></td>
    <td id="xdx_98B_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zxJovy9iMt5l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(64,989.0)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAmNhjSyDi58" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,449.7&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zad9SHp1cITa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zYlj3yISlFwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zE6P12vwdIXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zb2SXc3Nczif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zR9Geu6hmDzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyNDERK1iEMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_ztYQou14I6Y3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,449.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zs770gQMB0F2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXi7r1Ltpv42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;480.8&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zU84TTTIzE04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQtjw3i45Xdk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zcHnGpfIL3A9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zB1Vx1qtP6sg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6NBznUI8o3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZOVRY1w1T9i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;480.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zJLpFLtiSaP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zOYa9bPKOZQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zqPqCb5BdoT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;341.8&#160;</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6OSnEgxKs8g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zrQ6e6SRGkEd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_znbiNXt2lGag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zpkGmdi0XuJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3JilzFMCGK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;341.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zkezN6aPliYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,449.7&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z9nRPDsoiit2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;480.8&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zhOUuz0OXD5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;341.8&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z1vO3o7Cj6H9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDvzrdRdCso1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zpV7piKTJhk8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zvGm5PXaCGae" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zMZFzi9EOQZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,272.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Options granted on subsidiaries</span></td>
    <td id="xdx_983_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zctug2cDFxWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zYsTYn4PIr7g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpRGhHjTFpM6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zUFtzU8DD1L7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.9)</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z2cT1ImrbMPa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zxlGd4CJGW23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zQCxjD18bKJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZBXmVhzR8Y" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zzwBNH69rtNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zBfvUQ7AjJxa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zMBTWNhjOUYi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zuOJz3K3IdJg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z4wcII8YcWF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.2)</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zQmZ2PqhTI43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zYQQQeb4uEm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zGWtjdOHBGw7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zg4dGlMQ6lwj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQ1lBVxiIVud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z28N11GMWAEf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_ztCGK9PywAda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zGS73BG5V2xe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.7)</span></td>
    <td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zDDwhTkxhRp7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zmLdM7RlxUE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zxnIsnYYb4oa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfwONUEYZ1o2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTBQJ31UuGr2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zchL3ZImafP2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_znUFjWdapUg6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z6sRT8W6Fa4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zvATIZ8RPDU6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zwZhNStFaFw6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zWGATPmWzdnk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2021</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zQiCUOIeb1ei" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;13,526.2&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zlJklndLopif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,225.3&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zQ4xngcQfi57" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,131.5)</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zKkIHMdoPmK3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6.9)</b></span></td>
    <td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zQTdhr6iq1f9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(121.5)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy4PtW9jZlxg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;156.1&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zGeTvXgcvpK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(75,426.0)</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_z7FqnAoyvILj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(61,778.3)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Comprehensive income:</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) on the translation of foreign operations</span></td>
    <td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ziGftlPtGzVa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6,772.2)</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zC7yBRIQqpBb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znymMbzrH81f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zY9iJIL2a8Ic" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z87q2fotkDE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zZAIA0rkvjy7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zDMA5BpwFuOj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zJOkGGhKsmja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6,772.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedges</span></td>
    <td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zIL5anA4MITj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXhn4qGqRtX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(316.7)</span></td>
    <td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z6TSbDaRuuDk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxwyY9WSl2g3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zURGtejrnqx6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze0eNuqaQ8Bf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_z1ZUlOx69Cz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zrRfJkpdTBnl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(316.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Actuarial gains/(losses)</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAJt8jPIjW22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zD1Pp1sDBDLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zb5zWxQlbhL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;466.5&#160;</span></td>
    <td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfQZMTUuiwQ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zAEN7bJiqfj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zwmi2XDqdTWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyFSWJBWmsmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zHBCyBQlxh3f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;466.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total Comprehensive income&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ztJCfVLp0EL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,772.2)</b></span></td>
    <td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zbU3aaTmDfth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(316.7)</b></span></td>
    <td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z8P1WzUFWzsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;466.5&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zNIStxy3juO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zTE3No1uY9Th" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze6Ywa6nc34k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zW7v6ClZpqyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zEXgTTxsioAb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6,622.4)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Gains/(losses) of controlling interest</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfvann5ppma8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zpVJOcLOXuQ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zfpKuems8XEe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQ9J8rqcatod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zE1ZOfLViO0a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.8)</span></td>
    <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zJO6l6qwcNF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_ztc6tdGq7DV2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3hBBzoQe4T8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Tax on deemed dividends</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zTeIZ63NxWYh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zB0UCRi8Phrb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z4Rtge3qQpVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjjtTLPzjEFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zuQdDwAFvnDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6.2)</span></td>
    <td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ziFogqsoRnx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zgPm9LRgg4P2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIkKPOMxa9Xi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zXgjbcB3Acw7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXHX9XOlvIp5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zohPy4FvNEnj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjt02Av4bES5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zJDXWyu21PL9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zSBaO0iPe5Vh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_pn5n7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td>
    <td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zYQ6bCoP3yie" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>At December 31, 2022</b></span></td>
    <td id="xdx_98D_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfIhyVJBd8ik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;6,754.0&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zycnhRW5jFvi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;908.6&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpepFakFyDUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(665.0)</b></span></td>
    <td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvplvXDcOH35" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(6.9)</b></span></td>
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  </table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfEarningsPerShareExplanatory', window );">Schedule of earnings per share</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfEarningsPerShareExplanatory_pn5n6_zkdtei42DpL9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Diluted Earnings (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zSJV7QLdPN4g" style="display: none">Schedule of earnings per share</span></td>
    <td id="xdx_492_20220101__20221231_zfpHQXzXPTuj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_490_20210101__20211231_zW8FrM1VJHP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49C_20200101__20201231_zFZYoBgXxvEl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 54%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Million shares</span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_407_eifrs-full--WeightedAverageShares_i_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif">Weighted average number of shares at December 31&#160;</span><span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"><sup id="xdx_F43_z1lWY3J29Lac">(i)</sup></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,741.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,736.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,733.1&#160;</span></td></tr>
  <tr id="xdx_40C_eifrs-full--DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_i_pdd" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;106.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;120.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;134.5&#160;</span></td></tr>
  <tr id="xdx_40B_eifrs-full--AdjustedWeightedAverageShares_zQ6Rbf7qGbu1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Weighted average number of shares (diluted) at December 31</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,848.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,857.4&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;15,867.6&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F06_zW1wfXVDn4P6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F10_zT021yCfwhZb" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Not including treasury shares.</td></tr>
</table>


<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EarningsPerShareExplanatory', window );">Schedule of calculation of earnings per share</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--EarningsPerShareExplanatory_pn5n6_zGilL3M7fo0l" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Calculation of Earnings Per Share (Details)">
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_zB3TJyyKoXQ2" style="display: none">Schedule of calculation of earnings
per share</span></td>
    <td id="xdx_494_20220101__20221231_zCl5e7qhfYC8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_491_20210101__20211231_z7tslHVuO86k" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49D_20200101__20201231_z3YcnY5ogQSg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Common</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_409_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_zoiBKjZAdvoi" style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Income attributable to the equity holders of Ambev&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,457.9&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12,671.0&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11,379.4&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--WeightedAverageShares_zL8oMr2XNB82" style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Weighted average number of shares (non diluted)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,741.9&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,736.9&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,733.1&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--BasicEarningsLossPerShare_pip0_zSNaBW2ZpWx4" style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font: normal 8pt Times New Roman,serif"><b>&#160;Basic EPS&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup id="xdx_F45_zStYwfsXgP5c">(i)</sup><span style="font-size: 8pt">&#160;</span></span></b></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>0.9184&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>0.8052&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>0.7233&#160;</b></span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_406_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_i_pn6n6" style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Income attributable to the equity holders of Ambev&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,457.9&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12,671.0&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11,379.4&#160;</span></td></tr>
  <tr id="xdx_40C_ecustom--AdjustedWeightedAverageShares1_zlkRuQp9CLxh" style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Weighted average numbers of shares (diluted)&#160;</span></td>
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    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F0D_zm0S9fHVS4Fk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F14_zNaendMZi6g3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Expressed in Brazilian Reais.</td></tr>
</table>


<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureForTheBasisOfDividendsTextBlock', window );">Schedule of basis of dividends</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureForTheBasisOfDividendsTextBlock_pn5n6_zQHvuefMhRm3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Basis for Dividends (Details)">
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_494_20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_z7MRNigRGIE4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_495_20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zH3y8ymFt3Uh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zk7SaPuvcie9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 63%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOwnersOfParent_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,671.0&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr id="xdx_407_ecustom--PrescribedDividends_i_pn6n6" style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;24.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.1&#160;</span></td></tr>
  <tr id="xdx_403_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td></tr>
  <tr id="xdx_405_ecustom--IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_i_pn6n6" style="vertical-align: bottom; background-color: White">
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    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,224.4&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,063.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,344.9&#160;</span></td></tr>
  <tr id="xdx_402_ecustom--RetainedEarningsBasisForDividendsAndDestinations_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Retained earnings basis for dividends and destinations</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;17,715.0&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;14,771.2&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;12,762.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Dividends and interest on capital distributed and accrued for distribution based on the net income for the year</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40B_ecustom--DividendsAndInterestOnCapitalPaidBasedOnProfit_zRfpr8Wlk4o9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Dividends and interest on capital paid based on profit</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11,999.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;9,499.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,716.4&#160;</span></td></tr>
  <tr id="xdx_407_ecustom--TotalOfDividendsAndInterestOnCapital_iT_zEQa2gN8IQa1" style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9,499.6&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<span></span>
</td>
</tr>
</table>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448254032">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INTEREST-BEARING LOANS AND BORROWING (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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    <td id="xdx_988_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zvjEofLhVrO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;847.1&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory', window );">Schedule of debts</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfDetailedInformationAboutBorrowingsExplanatory_pn5n6_zSnFL3zIcUy9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Debt Interest Rates (Details)">
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_zPeRqOum5a1k" style="display: none">Schedule of debts</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Debt instruments</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate %</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Average rate %</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Debt denominated in US Dollars fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zm9vmBzDgFx6" title="Average rate">14.00</span>%</span></td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zSJoztumjPta" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.2&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zB8jCku67th9" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl4941">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDd1Mlu897Yg" title="Average rate">13.12</span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zJrTfZxQPf44" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.5&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zYBt4gssfyIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais denominated floating rate (CDI and DI)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zXJGHDEnlpl1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zOJ7HEyVD9Rj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxtAkpK3IWal" title="Average rate">11.56</span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zaVkxnXSYTA1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;83.0&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zspq5xiKeH16" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other Latin American currencies fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zrmmqAnsnP3" title="Average rate">10.39</span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zI6oAvgq19lk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;98.8&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXcWVEKHS2Al" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;322.5&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z8zriLESQbW6" title="Average rate">11.34</span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zZr5dV7cJaRe" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;48.7&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqmkzKRDpqQg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;177.3&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Debt denominated in CAD Dollars fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zuFsBoLXkzBi" title="Average rate">5.32</span>%</span></td>
    <td id="xdx_983_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zmBppWh8rbj5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;123.3&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqAMU4ABUa1e" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;387.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zMqLVGh5Ypxf" title="Average rate">2.49</span>%</span></td>
    <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zeqSs51o9B41" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;91.6&#160;</span></td>
    <td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_znJJ6DE3C6r6" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;339.2&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais denominated floating rate (TJLP and TR)</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z0aBWKnZIZw2" title="Average rate">9.61</span>%</span></td>
    <td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxikKnjVpGJ1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;12.3&#160;</span></td>
    <td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zMydzoccFcla" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;125.1&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">-&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zamNEfwvMfek" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zfhVsfMo7ehl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - ICMS fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zo2dHoCDbVf" title="Average rate">2.95</span>%</span></td>
    <td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXlw7IQHI0K7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;113.3&#160;</span></td>
    <td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqwsGBpjKHRl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;266.4&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDDtZ7u6Xgwa" title="Average rate">5.06</span>%</span></td>
    <td id="xdx_987_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z1x6kGbCISll" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;37.3&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zhcyCrtkyyIk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;92.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - ICMS floating rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_900_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zwyH2LlAneq8" title="Average rate">6.97</span>%</span></td>
    <td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zz2eLuJfrHm5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;31.1&#160;</span></td>
    <td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z1pntOldN2P8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;61.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">-&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zzFs4cib1rA8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z4KjzDCfZsWk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Reais debt - fixed rate</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_901_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zIoAiPrCdp6g" title="Average rate">9.43</span>%</span></td>
    <td id="xdx_989_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zPP4i6k8PW9a" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;597.6&#160;</span></td>
    <td id="xdx_981_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zt1HG0M6icp" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,624.7&#160;</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zRy2g3by7Awl" title="Average rate">7.33</span>%</span></td>
    <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqjO6ArUaDX8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;569.0&#160;</span></td>
    <td id="xdx_987_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z57UR91Z6vci" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,644.1&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231_zu8edMVMHqY3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;982.6&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcv22KsSqqSa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,788.1&#160;</b></span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231_z3Udvk93DtUg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;847.1&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_z6hDUH0enH0a" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,253.5&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock', window );">Schedule of Reconciliation of liabilities arising from financing activities</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_pn5n6_zcu6xaPdwAC2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Reconciliation of Liabilities (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zDgxg73bSs3k" style="display: none">Schedule of Reconciliation of liabilities arising from financing activities</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current liabilities</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 24%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non - current liabilities</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>December 31, 2021</b></span></td>
    <td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zXqHu73wy6fc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;847.1&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zXtgt2ezxaq7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;2,253.5&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Proceeds</span></td>
    <td id="xdx_981_eifrs-full--ProceedsFromCurrentBorrowings_pn5n6_c20220101__20221231_zGGfspbYtKb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;7.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--ProceedsFromNoncurrentBorrowings_pn5n6_c20220101__20221231_zfpAI9W7LVNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;267.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Payments</span></td>
    <td id="xdx_987_eifrs-full--RepaymentsOfCurrentBorrowings_pn5n6_c20220101__20221231_zMAFnD0i5DE5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(230.2)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--RepaymentsOfNoncurrentBorrowings_pn5n6_d0_c20220101__20221231_zROu4vPxFDHd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Foreign exchange</span></td>
    <td id="xdx_98B_ecustom--ForeignExchangeEffectOnCurrentBorrowings_pn5n6_c20220101__20221231_zoly84cKq4Za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(17.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_ecustom--ForeignExchangeEffectOnNoncurrentBorrowings_pn5n6_c20220101__20221231_zWSfo5CuQLo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(56.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Transfers between current and non-current</span></td>
    <td id="xdx_988_ecustom--TransferBetweenCurrentAndNoncurrentCurrent_pn5n6_c20220101__20221231_zSYnA2IYkiW1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current, current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;761.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--TransferBetweenCurrentAndNoncurrentNoncurrent_pn5n6_c20220101__20221231_zdhG6fFtskAa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(761.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New lease agreements</span></td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448752880">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(87.1)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(104.3)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(105.5)</span></td></tr>
  <tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zia4wgNp9sqg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total employee benefits</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,104.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,166.1)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,510.3)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Employee benefits amount in the balance sheet</span></td>
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Liabilities&#160;</span></td>
    <td id="xdx_989_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_z5cnawx1BWnc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(2,161.2)</span></td>
    <td id="xdx_98A_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zho0ahTr834b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3,194.0)</span></td>
    <td id="xdx_986_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zdp5kjnb5DEd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3,543.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Assets&#160;</span></td>
    <td id="xdx_985_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zomUodvg00g8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;56.6&#160;</span></td>
    <td id="xdx_988_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zNbYIo4WcJI2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;27.9&#160;</span></td>
    <td id="xdx_98D_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_z6G905JHm8hk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;33.6&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zrpa9tFdG5X7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net liabilities</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(2,104.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,166.1)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,510.3)</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfDefinedBenefitObligationTextBlock', window );">Schedule of defined benefit obligations</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--DisclosureOfDefinedBenefitObligationTextBlock_pn5n6_zy4GP0LpXvfb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Obligation (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B0_zu9Y6flaMG6g" style="display: none">Schedule of defined benefit obligations</span></td>
    <td id="xdx_491_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zXn12hsH37c2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zVpDabeOgYg7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zTIXhQ0SPBDa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zbJuwFAjtzTb" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Defined benefit obligation at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,519.7)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,777.6)</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(6,845.0)</b></span></td></tr>
  <tr id="xdx_401_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Service costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(47.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(58.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(51.4)</span></td></tr>
  <tr id="xdx_409_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(353.2)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(324.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(339.4)</span></td></tr>
  <tr id="xdx_40B_ecustom--GainsLossesOnSettlementAndCurtailment_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Gains and (losses) on settlements or reductions in benefits</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;44.1&#160;</span></td></tr>
  <tr id="xdx_401_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by plan participants</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(6.9)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(6.1)</span></td></tr>
  <tr id="xdx_408_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_d0_zTmOGUmnB5ij" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Actuarial gains and (losses) - geographical assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;52.3&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;54.5&#160;</span></td></tr>
  <tr id="xdx_40E_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Actuarial gains and (losses) - financial assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,333.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;726.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(443.6)</span></td></tr>
  <tr id="xdx_40A_eifrs-full--ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Experience adjustments</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(171.5)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(213.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(180.9)</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset_d0_z4Vg1xYCYrcl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Reclassifications</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effect of exchange rate fluctuations</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;787.7&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(495.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,531.7)</span></td></tr>
  <tr id="xdx_40B_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Benefits paid</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;574.4&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;573.7&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;521.9&#160;</span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zfL8N5MEGIEh" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Defined benefit obligation at December, 31</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(6,397.5)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,519.7)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(8,777.6)</b></span></td></tr>
  </table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock', window );">Schedule of changes in the fair value of plan assets</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock_pn5n6_zBIp3nXyOU8a" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z4qzBun7Y4Ri" style="display: none">Schedule of changes in the fair value of plan assets</span></td>
    <td id="xdx_490_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zrwlNYcJ0SF2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zmYPB4C9eT35" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49E_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z77QLCkegPg2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zjn6vhMS2Sig" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Fair value of plan assets at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,638.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,533.3&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,582.4&#160;</b></span></td></tr>
  <tr id="xdx_408_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di_zlFFdZXMPuy4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;262.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;223.9&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;245.2&#160;</span></td></tr>
  <tr id="xdx_404_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_iN_di_zWXQvaQ5yncj" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.8)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td></tr>
  <tr id="xdx_400_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected return, excluding interest income</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(614.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(148.3)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;89.4&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_zR4mSspNNaJ3" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by employer</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;316.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;342.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;306.8&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_zXZHfORVD054" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Contributions by plan participants</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5.8&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;7.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;6.3&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zD1Cfim5Ac08" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exchange differences</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(482.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;263.1&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;812.1&#160;</span></td></tr>
  <tr id="xdx_401_ecustom--IncreaseDecreaseInPlanAssetsFromTransfers_d0_zM6IqBHCjkAd" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Transfers</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;20.0&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_zyMexzq0zZvl" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Curtailments, settlements and other</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.8)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.6)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.8)</span></td></tr>
  <tr id="xdx_40F_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_zPYGx84Zm8w4" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Benefits paid, excluding administrative costs</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(574.4)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(573.7)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(521.9)</span></td></tr>
  <tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zahLxmJLLAEg" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Fair value of plan assets at December, 31</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;4,543.3&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,638.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;5,533.3&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfAssetCeilingTextBlock', window );">Schedule of asset ceiling</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfAssetCeilingTextBlock_pn5n6_zLiXm0eEFvJd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Asset Ceiling (Details)">
  <tr style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B4_z7h3kyhnk6p" style="display: none">Schedule of asset ceiling</span></td>
    <td id="xdx_49A_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zBZTvIKm10df" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zditqfU7A107" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_494_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zKq4o0rYRNC4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zHjvUqoVZLy9" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Asset ceiling impact at January 1</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;27.9&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;33.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;56.2&#160;</b></span></td></tr>
  <tr id="xdx_40F_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di0_ztY0rRN4LOB" style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Interest income/(expenses)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.3&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;12.2&#160;</span></td></tr>
  <tr id="xdx_40A_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_i_pn5n5" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Change in asset ceiling excluding amounts included in interest income/(expenses)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;30.2&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.0)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(48.9)</span></td></tr>
  <tr id="xdx_407_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zge2nJ7tLxDa" style="background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Effects of exchange rate fluctuations&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1.5)</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2.0&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;14.1&#160;</span></td></tr>
  <tr id="xdx_406_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zPGE2tc5Mfe7" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Asset ceiling impact at December 31&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;56.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;27.9&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;33.6&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock', window );">Schedule of defined benefit plans recognized in the income statement</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock_pn5n6_zL6G68Li0EL3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Plans Recognized in the Income Statement (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zEQbKzxBbI6c" style="display: none">Schedule of defined benefit plans recognized in the income statement</span></td>
    <td id="xdx_498_20220101__20221231_zqzO2ZpiDRib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20210101__20211231_zPsS7OyWHvI7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49D_20200101__20201231_zzdkyYPaX0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr id="xdx_400_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_iN_di_zsl7C75u93Si" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Current service costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(47.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(58.0)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(51.4)</span></td></tr>
  <tr id="xdx_409_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_i_pn6n6" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative costs</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.8)</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(5.2)</span></td></tr>
  <tr id="xdx_406_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_iN_di_zL9Pww8bFQFd" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">(Gains) losses on settlement and curtailment</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.2&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;42.6&#160;</span></td></tr>
  <tr id="xdx_400_eifrs-full--IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_iN_di_z2BenoQG7cG9" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Income from operations</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(50.0)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(62.6)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(14.0)</b></span></td></tr>
  <tr id="xdx_407_ecustom--DefinedBenefitPlansRecognizedFinancialCosts_iN_di_zkdnxkwnxzta" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial costs</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(107.8)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(115.6)</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(117.2)</span></td></tr>
  <tr id="xdx_409_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_iN_di_zOf1BSXbn3H2" style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Total employee benefit expenses</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(157.8)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(178.2)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(131.2)</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock', window );">Schedule of employee benefit revenue</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock_pn5n6_zomvaHoWv6fl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Employee Benefit Revenue/(Expenses) Allocation (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_zAvqxLlgVxh1" style="display: none">Schedule of employee benefit revenue</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other operating income/(expenses), net</span></td>
    <td id="xdx_986_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zm0o0wOkRJqk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.1)</span></td>
    <td id="xdx_989_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zJjpW2ew4LX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.2)</span></td>
    <td id="xdx_980_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_d0_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zSXhFSz8IPp4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_z3dB3jfPZDVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(26.4)</span></td>
    <td id="xdx_987_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zaPRNQcVhIf5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(33.0)</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zStgTv5g5qz5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(28.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Sales and marketing expenses&#160;</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_z6M48n7AUg0j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.4)</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zh5E1sasmsUf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(11.7)</span></td>
    <td id="xdx_984_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zdzvR4tSD7W3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Administrative income/(expenses)</span></td>
    <td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zaTz7QXOOq27" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(14.1)</span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zS9a7OUfjGJ7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(17.7)</span></td>
    <td id="xdx_985_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zWFtNIIUvKdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;24.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Financial expense</span></td>
    <td id="xdx_98D_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z9zaqb7eNGB6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(107.8)</span></td>
    <td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_zJeBmJxE1Fej" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(115.6)</span></td>
    <td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z88Nc4V2zMk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(117.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231_zpLGGaKzhsa4" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(157.8)</b></span></td>
    <td id="xdx_98A_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231_zrgpP4sOWpwf" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(178.2)</b></span></td>
    <td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231_zv7QYYgNurnc" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(131.2)</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfActuarialAssumptionsOfTheEntityTextBlock', window );">Schedule of assumptions</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfActuarialAssumptionsOfTheEntityTextBlock_pn5n6_z2WnvOm0FeL6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Actuarial Assumptions (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zkBIPNYFMuc4" style="display: none">Schedule of assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup/></span>&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup/></span>&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif; display: none"><sup/></span>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2022&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2021&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 9pt Times New Roman,serif"><b>2020&#160;</b></span><b><span style="font: normal 11.5pt Times New Roman,serif"><sup>(i)</sup></span></b></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Discount
rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_znLsC10Ycvae" title="Discount rate">5.1</span>% to <span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYjkzA2STYJl" title="Discount rate">11.0</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zPttK2TB21d2" title="Discount rate">2.9</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zuKhA3NlWNj8" title="Discount rate">10.0</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zXZVmd2savNd" title="Discount rate">2.4</span>% to <span id="xdx_903_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJVoPvXrEY7b" title="Discount rate">10.0</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inflation</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_902_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zHVahw7I1vIf" title="Inflation">2.0</span>% to <span id="xdx_90A_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJXLQysOsWwb" title="Inflation">3.5</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90D_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfpBEdQL4naf" title="Inflation">2.0</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_z5UpDx4DWizd" title="Inflation">3.5</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZOkcOILdeN1" title="Inflation">2.0</span>% to <span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zrGXFtQ9AwX9" title="Inflation">3.5</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Future salary increases&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zj5PyFkhvpEj" title="Future salary increases">1.0</span>% to <span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zDLqFlMRTBuc" title="Future salary increases">7.1</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zYsLFOTXTGF1" title="Future salary increases">1.0</span>% to <span id="xdx_90B_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zZIOXTRstIGh" title="Future salary increases">7.1</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_ztQirYmdNkce" title="Future salary increases">1.0</span>% to <span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAVowhAD68z7" title="Future salary increases">7.1</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Future pension increases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFchon2H1SRj" title="Future pension increases">2.7</span>% to <span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zjAIFd5ZSjAc" title="Future pension increases">3.8</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZ8LC7pGXuuk" title="Future pension increases">2.5</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAdVvDA2FNHh" title="Future pension increases">3.8</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zsvR6pqmQ9Bl" title="Future pension increases">2.0</span>% to <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zi4PwQeve5Ue" title="Future pension increases">3.8</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Medical cost trend rate&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zrR37njv7kh6" title="Medical cost trend rate">6.4</span>% to <span id="xdx_906_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zT6hm63S7TVe" title="Medical cost trend rate">7.1</span>% p.a. reducing to 7.1%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfmo3Xdg5RCj" title="Medical cost trend rate">4.2</span>% to <span id="xdx_907_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYKbkt6WGOJc" title="Medical cost trend rate">6.9</span>% p.a. reducing to 6.9%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_901_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFkl4KFdNNm5" title="Medical cost trend rate">4.5</span>% to <span id="xdx_905_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zaDN8M5V7i5l" title="Medical cost trend rate">6.9</span>% p.a. reducing to 6.9%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Dental claims trend rate&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkz6MlRmysni" title="Dental claims trend rate">3.5</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90D_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zKZeBa2nTNpf" title="Dental claims trend rate">3.3</span>%</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkGXmtgN9U42" title="Dental claims trend rate">3.3</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Life expectancy for an over 65 years old male&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90A_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWThsUUJjFJ4" title="Life expectancy for an over 65 years old male">84</span> to <span id="xdx_906_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYSbfmBbt1V2" title="Life expectancy for an over 65 years old male">87</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_900_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zAcZR94nY6Oh" title="Life expectancy for an over 65 years old male">85</span> to <span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zxRIBxh76dIf" title="Life expectancy for an over 65 years old male">87</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zvPyiu3hl0e7" title="Life expectancy for an over 65 years old male">84</span> to <span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4GygqR16VN" title="Life expectancy for an over 65 years old male">87</span></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Life expectancy for an over 65 years old female</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zgD1J5i4aFF6" title="Life expectancy for an over 65 years old female">86</span> to <span id="xdx_904_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zWoZzBMTI7Rh" title="Life expectancy for an over 65 years old female">89</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_908_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zHrbSHAhJ0Tc" title="Life expectancy for an over 65 years old female">87</span> to <span id="xdx_902_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zZniZbeU4k6j" title="Life expectancy for an over 65 years old female">89</span></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><span id="xdx_902_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3uXyGy4tFS1" title="Life expectancy for an over 65 years old female">86</span> to <span id="xdx_90D_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z25Zx0xZX3Oc" title="Life expectancy for an over 65 years old female">89</span></span></td></tr>
  </table>
<p style="font: 8pt Times New Roman,serif; margin: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zpaVyfqHPDRi" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F12_zlUXyBDDTtd8" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%">Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada.</td></tr>
</table>


<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory', window );">Schedule of weighted principal assumptions</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn5n6_zcDB6wI8JAj6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Weighted Principal Assumptions (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zAsAbpf5vTm7" style="display: none">Schedule of weighted principal assumptions</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>In millions of Brazilian Reais</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2022</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2021</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Change in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
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    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Increase in assumption</b></span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 7.5pt"><b>Decrease in assumption</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zzLvZ0UUqHih" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(94.3)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z98ckDvycHCh" style="white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;81.8&#160;</span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z8cYlpRVFR1f" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;98.6&#160;</span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zERdWaMG5hyk" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(139.4)</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z4IxkvxLFXTa" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;118.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Discount rate</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">50 bases points&#160;</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_z9GMj6v3n199" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;307.9&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zcp4oPlCBwG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(328.0)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zUJtAuOcZhoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;442.0&#160;</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zeFEtgkVWL6l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(470.3)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zrXoK0iA6YTc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;461.0&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zh951Sxzugxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(492.6)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Future salary increase</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt">50 bases points&#160;</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_z6OZoeq6Vnke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.6)</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zSY2yClxaOvl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_ztLsg9ZHY1Jk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.8)</span></td>
    <td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zgYhNPH9Nhy1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;18.6&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zJL4OPSQRRoj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(24.3)</span></td>
    <td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zBsYUxUaXhGk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Longevity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--AmountOfReasonablyPossibleIncreaseInActuarialAssumption_iI_pip0_uPure_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zcnpKFPdRo9a" style="display: none" title="Change in assumption, year">1</span>
    One year</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zV0CufOII2mf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(221.5)</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zdCpjEOfzMK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;213.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zBDqDA6TKXrd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(287.6)</span></td>
    <td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zSTOkmmnMO2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;279.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_z36GcQLlWGwi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(295.6)</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zeACq8sfLaT7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;287.1&#160;</span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfPlanAssetsComponentsTextBlock', window );">Schedule of plans assets</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfPlanAssetsComponentsTextBlock_pn5n6_zr7Nb0ezELHi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets Components (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B9_zLWqwLi2ENBa" style="display: none">Schedule of plans assets</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 32%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Rated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Unrated</b></span></td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Government bonds</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zCiPYGdEiQkk" title="Plan assets percentage, rated">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zovFIna72BZf" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90E_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z8CjwOCgX9ua" title="Plan assets percentage">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z6amjBDMK7W7" title="Plan assets percentage, rated">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zf0O1vY7Vrsi" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zzhFpaQ4qlj7" title="Plan assets percentage">43</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zuraWaVZVFQh" title="Plan assets percentage, rated">52</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90E_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zUsQNPo0vSQ5" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zZ16b1cREC6l" title="Plan assets percentage">52</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Corporate bonds</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zHAm2zUOcLU8" title="Plan assets percentage, rated">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zGj6PtRkoNa5" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zIDrNohR6V7b" title="Plan assets percentage">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_902_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zuNodzTBji9f" title="Plan assets percentage, rated">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90B_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zPWpcBKpHWX6" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zda8rvNxJeHj" title="Plan assets percentage">10</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zbNlZiivK3S1" title="Plan assets percentage, rated">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90F_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zYJy05b6k3ic" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zMXeOsM0u90f" title="Plan assets percentage">6</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Equity instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_900_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zAhd8NLN3wA" title="Plan assets percentage, rated">15</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zd8DlIifXDR" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zP7yISvwocM5" title="Plan assets percentage">15</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90F_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zOATeyFbfdnh" title="Plan assets percentage, rated">15</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_902_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zIcxRpb9G0hj" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_ztdrHM2Lnn5b" title="Plan assets percentage">15</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z7AFtE7aWGm6" title="Plan assets percentage, rated">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_90D_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z9eELEZHE2Z1" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_901_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z91PQB1Pi7Y7" title="Plan assets percentage">6</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zwzf3fhBuU93" title="Plan assets percentage, rated">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_907_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zJzakTRHJyek" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_906_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zEfLd3b79Oo5" title="Plan assets percentage">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zORBJwOIvOK3" title="Plan assets percentage, rated">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zYeLzHOepEng" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zlptkwe8MVak" title="Plan assets percentage">6</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_903_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zQlZELf3pULi" title="Plan assets percentage, rated">1</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_906_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_z6IzqMdrVmu2" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zsIn7Jy8YU65" title="Plan assets percentage">1</span>%</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Others</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_90E_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zpwYC99YVxig" title="Plan assets percentage, rated">26</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span id="xdx_908_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zy70qU2XfQy3" title="Plan assets percentage, unrated">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zZjSPEFtawt9" title="Plan assets percentage">26</span>%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [member]; Defined benefit obligation, at present value]</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450544960">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SHARE-BASED PAYMENTS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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    <td id="xdx_989_ecustom--WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare_pid_uBRLPerShare_c20200101__20201231_zOs6R6M6RL09" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of options granted"><span style="font-family: Times New Roman,serif; font-size: 9pt">4.04&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Share price</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare_pid_uBRLPerShare_c20200101__20201231_zVgXpjGZ5tQ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Share price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.05&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Exercise price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--ExercisePriceShareOptionsGrantedExercisePricePerShare_pid_uBRLPerShare_c20200101__20201231_zMigmZ6TsAg3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.05&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected volatility</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20200101__20201231_zBqlVF8ppMa4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected volatility"><span style="font-family: Times New Roman,serif; font-size: 9pt">22.3%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Vesting year</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pid_uPure_c20200101__20201231_zc57VpFvBef1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Vesting year"><span style="font-family: Times New Roman,serif; font-size: 9pt">5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Expected dividends</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_dp_uPure_c20200101__20201231_zTdy4SesgqH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected dividends"><span style="font-family: Times New Roman,serif; font-size: 9pt">5%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Risk-free interest rate&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--DescriptionOfRiskFreeInterestRateShareOptionsGranted_pid_dp_c20200101__20201231_zews7wu8Hehf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Risk-free interest rate"><span style="font-family: Times New Roman,serif; font-size: 9pt">6.8%</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9.5pt"><sup id="xdx_F5D_zbW6td78Xar5">(ii)</sup></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F09_zm98KWb0tLW8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F17_z7PhubPBPPfe" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate.</td></tr>
</table>


<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F08_zSRh7sWEwVK3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(ii)</td>
  <td id="xdx_F1D_zEAXR935in5i" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">The percentages include the grants of stock options and ADRs during the period, with the risk-free interest rate of ADRs calculated in
U.S. Dollar.</td></tr>
</table>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTheNumberOfOutstandingOptionsTextBlock', window );">Schedule of number of outstanding options developed</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfTheNumberOfOutstandingOptionsTextBlock_pn3n3_zVMcENboaJY7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Outstanding Options (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B6_zap69Oasfpka" style="display: none">Schedule of number of outstanding options developed</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand options</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Options outstanding at January</b></span></td>
    <td id="xdx_98D_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20220101__20221231_zMqa4GGSn16b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>113,760&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20210101__20211231_z0jvHNPtQK3i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>127,265&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20200101__20201231_zIQbkWCB02X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>141,736&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options issued during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zAoy48r8rrYe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">22&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercised during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_z6Flw6nTQAYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(5,247)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zNMkFp70ywVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(5,730)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options forfeited during the period</span></td>
    <td id="xdx_98C_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20220101__20221231_z91YaR2UAuGg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(14,043)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_zJQwsCKXHBQe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(8,258)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20200101__20201231_zbg1kK20QR3a" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(8,763)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Options outstanding at the end of the year</b></span></td>
    <td id="xdx_984_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20220101__20221231_zj4kfm6JSv5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>99,717&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20210101__20211231_zspc0Hx4x8ne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>113,760&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20200101__20201231_zoPe7FTJhcm8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>127,265&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock', window );">Schedule of weighted average exercise price</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock_pn5n6_ztMchxfYvuP2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Exercise Price of Options (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B8_z8pzB2fvnS61" style="display: none">Schedule of weighted average exercise price</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>In R$ per share</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options outstanding at January 1</span></td>
    <td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20220101__20221231_z4ybJBQNmIk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.92&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pid_uBRLPerShare_c20210101__20211231_zaJQAGiNut9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.81&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20200101__20201231_z6Yn2pCyJtM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.53&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options issued during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zzYaZxVN2jak" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">18.05&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options forfeited during the period</span></td>
    <td id="xdx_98A_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20220101__20221231_zDkP7HeDt5q" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">22.60&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_z9hzaKC1fLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">25.27&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zEljCbt29W72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">22.96&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercised during the period</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_ze8AXkwhCke1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">13.16&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zObP7AoLDd61" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">8.30&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options outstanding at the end of the period</span></td>
    <td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20220101__20221231_zM1H8QHOVffj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.39&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20210101__20211231_zxQMyal0TIUh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.92&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pid_uBRLPerShare_c20200101__20201231_znZoZ7DnMVC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">19.81&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Options exercisable at the end of the period</span></td>
    <td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20221231_zyIsC27zbpB4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">20.12&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20211231_zYdVVxoshP9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">21.14&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20201231_zS1vczaNLugj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"><span style="font-family: Times New Roman,serif; font-size: 9pt">23.70&#160;</span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory', window );">Schedule of deferred shares</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_pn3n3_zC11LqeDiun" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Deferred Shares (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BD_zh3n8FC4NNWa" style="display: none">Schedule of deferred shares</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand deferred shares</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Deferred shares outstanding at January</b></span></td>
    <td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z5oFaaGK8qQc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>1,168&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zH9YosXndxgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>6,065&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zhW8E1kqVygl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>7,926&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New deferred shares during the period</span></td>
    <td id="xdx_983_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zznmlTvHNUsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">44&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zUvmVuCb5u5g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">110&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zWAgzsAqPnB5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">153&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred shares granted during the period</span></td>
    <td id="xdx_988_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_ziVWQAd1jW96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(214)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z1i3KUbnvv95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(4,964)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zOCHHcZHI2e1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(1,901)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Deferred shares forfeited during the period</span></td>
    <td id="xdx_988_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zIzMXB1aD1K2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(109)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zD43eSOrjlz9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(43)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zn4wFlrF4cB6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(113)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zHUyQT5pffE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>889&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z2C3x7fFLHAk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>1,168&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zXHNqQotxpxe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>6,065&#160;</b></span></td></tr>
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<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"><b>Restricted and performance shares</b></p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><i>Thousand restricted shares</i></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td>
    <td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Restricted shares outstanding at January</b></span></td>
    <td id="xdx_985_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zaYdeQZPhzt6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>62,545&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zLYpKDzwsUog" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>43,458&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zXLOU41a0y78" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"><span style="font-family: Times New Roman,serif; font-size: 9pt">23,836&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">New restricted shares during the period</span></td>
    <td id="xdx_984_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zwExP5LOfkjk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">49,328&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z2fFBbMNRwL8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">20,629&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zv5BJ2K4V2w9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>21,066&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Restricted shares granted during the period</span></td>
    <td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zSETyIpqwbg1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(12)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z6yPcmUDX1Yl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(22)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Restricted shares forfeited during the period</span></td>
    <td id="xdx_98C_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zvfyvGamVOEh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(3,007)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zyAb5p2UmB4k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt">(1,520)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zGSx9tgPcVEf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(1,444)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Restricted shares outstanding at the end of the year</b></span></td>
    <td id="xdx_980_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zmo7sL4FLcY9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>108,854&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zS3JhO2gfTF5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>62,545&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zEMBQ4FdySef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>43,458&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 47<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_47_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options).</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131484089216">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>TRADE PAYABLES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesAbstract', window );"><strong>Trade Payables</strong></a></td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTheComponentsOfTradePayablesTextBlock', window );">Schedule of trade payable</a></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_zhsuPspcQNL7" style="display: none">Schedule of trade payable</span></td>
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    <td style="white-space: nowrap; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455776816">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PROVISIONS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionsAbstract', window );"><strong>Provisions [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsExplanatory', window );">Schedule of provision changes</a></td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
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    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zBK08uys7P0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.8)</span></td>
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    <td id="xdx_987_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zcODmZESftZa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(147.2)</span></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ztb0sRp6n2Nl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;86.8&#160;</span></td>
    <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ze7uUqdhLJ3l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.2)</span></td>
    <td id="xdx_986_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zoGIxnF9jYk1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.9&#160;</span></td>
    <td id="xdx_981_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zk9YONbReiK3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(71.8)</span></td>
    <td id="xdx_987_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zMQz1ocLvZW3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(33.8)</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zw44N8MIA5Ui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z64MKRX9ijqc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;156.7&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zKZygkqr8Lo1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2.0&#160;</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbJ5KbZyYqte" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.6&#160;</span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbGdTQW5ZwHf" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.2)</span></td>
    <td id="xdx_980_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zgrnpYjYtwqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z5Gy1NXIGJc6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zVK8J30aoTf4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;557.5&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zXK2vJVoHQqe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1.0)</b></span></td>
    <td id="xdx_980_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z1XStjzPm494" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;650.1&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7SU9vZ4xr7i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(281.5)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqKEykFerTJ1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z4OrQA0S8ih4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCPS4Ql6Vrd9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14.5&#160;</span></td>
    <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zs4IVzHIrcJ4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td>
    <td id="xdx_98E_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zbwq74fGfv4l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.8&#160;</span></td>
    <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zB8VUtQvpTUd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_984_ecustom--ProvisionReversedOtherProvisions_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zJscW6BeBUb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCIlamX1l57" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provisions</b></span></td>
    <td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20201231_zJj2XI74zCB3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;572.0&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231_zjea5B3BmZ2i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.2&#160;</b></span></td>
    <td id="xdx_987_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231_ziR0jbFW4xdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;656.9&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231_z3U7clWd13xg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(286.6)</b></span></td>
    <td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231_zJvhDVbXB3fh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(166.4)</b></span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231_zOPYCkpbP3I4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;776.1&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2021</b></span></td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Effect of changes in foreign exchange rates</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Additions</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions used&#160;</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provisions reversed</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Balance as of December 31, 2022</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Provision for disputes and litigation</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Taxes on sales</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z2wg42H98KTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;218.6&#160;</span></td>
    <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zk7BrcLHdmJa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5901">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zH2pRft9xMnk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;157.6&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zt8iNjUrPf23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(85.8)</span></td>
    <td id="xdx_98F_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zIK6Kc3xKLAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(43.3)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zERTcUTvgwN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;247.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Labor</span></td>
    <td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zLfsSWLHIL5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;124.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z1XJhBy5UJBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zm3nTF3gE7h8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;194.2&#160;</span></td>
    <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zgBl7pMBnfQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(162.0)</span></td>
    <td id="xdx_986_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zOUTjLFDfbX3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(19.7)</span></td>
    <td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zuKWldIFg9Gk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;132.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Civil</span></td>
    <td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDji3vjPTCS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;252.9&#160;</span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zt33aeYx9Qo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.5)</span></td>
    <td id="xdx_985_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDXq4kUTLdX4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;312.7&#160;</span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zJmBHqajpkNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(196.6)</span></td>
    <td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zAReOJGsSB9h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.6)</span></td>
    <td id="xdx_98F_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zuKyrN0kQ45a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;335.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other taxes</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zOZYYckCqgWi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;163.0&#160;</span></td>
    <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z2DJV6yvpag6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(8.1)</span></td>
    <td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z6WDOH8f9SO" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;60.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z4IJ6vNAqgeg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7.2)</span></td>
    <td id="xdx_989_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zjwHzulrdWK3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.0)</span></td>
    <td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zl92MXPro4ni" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provision for disputes and litigation</b></span></td>
    <td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7usezmWIRr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;758.7&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zfvI0tbFbtS4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(30.2)</b></span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqWQb2wXUDXk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;724.6&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zQJxGrai3Zs5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(451.6)</b></span></td>
    <td id="xdx_98B_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zAcM7I2ITth3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(93.6)</b></span></td>
    <td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zLbD5amy6Cg7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;907.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Restructuring</b></span></td>
    <td id="xdx_983_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z1gSGVk5BeDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.4&#160;</span></td>
    <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrTHSIsUUPb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2.0)</span></td>
    <td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z7KRyexYDLo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5963">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrEorFTmd0X9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.6)</span></td>
    <td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z3KGcFoTDLC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl5967">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z8HiIo7ksWm" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total provisions</b></span></td>
    <td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231_zyCpc8Tuqy3a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;776.1&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231_zMtuGd9pNhga" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(32.2)</b></span></td>
    <td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231_zp9aKeFBjLQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;724.6&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231_zok5AXTPJVti" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(455.2)</b></span></td>
    <td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231_zAe2GtRiUP2b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(93.6)</b></span></td>
    <td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231_zKBOnsBw72kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;919.7&#160;</b></span></td></tr>
  </table>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock', window );">Schedule of expected settlement</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock_pn5n6_z3VKcKJ7Q1t7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Disbursement Expectative (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B7_z2mfOLGVyAxb" style="display: none">Schedule of expected settlement</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="width: 41%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current</b></span></td>
    <td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Non-current</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Current</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Provision for disputes and litigation</b></span></td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131452949776">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS (Tables)<br></strong></div></th>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
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  <tr>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr>
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    <td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
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    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
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    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Finance Result</b></span></td>
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    <td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Equity</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTNSAsZgSmQa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,853.3&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zGqDtANyhjpj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;271.8&#160;</b></span></td>
    <td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z4JvA08YdtZ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(719.4)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z0mHP9NEeR2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,075.2)</b></span></td>
    <td id="xdx_98B_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zbhTDq9UGsr8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;452.7&#160;</b></span></td>
    <td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z7bzMvTrIGGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;134.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities</i></span></td>
    <td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zDcWPpIwGuJc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,809.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z8JQukPEqAjh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;100.8&#160;</span></td>
    <td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zgUuxo2Z8xZg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(376.0)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwJF5Z8DwUrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;63.5&#160;</span></td>
    <td id="xdx_982_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zxWllh6K1aB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(32.3)</span></td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zmcb4TRe1lwf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(475.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWoyWQ52Ydo2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z9FPgCOemcsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;157.7&#160;</span></td>
    <td id="xdx_986_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zM5sgOCNQ9C4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(342.9)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zUAH07dpF6hd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,139.2)</span></td>
    <td id="xdx_981_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zhHGfQaxb6Tg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;477.1&#160;</span></td>
    <td id="xdx_989_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zrGRKk2F10jg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;596.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
    <td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zg8EMKfSdax6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOGjj2DpLD1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td>
    <td id="xdx_989_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zVpHOZQzPe1f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6086">-</span>&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKyrWYBPOIKa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.7)</span></td>
    <td id="xdx_988_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zrbCRnyPCxq6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.3)&#160;</span></td>
    <td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkrDzuMFQx96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
    <td id="xdx_98C_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zl1dzZg9BzT9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.5&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmhgm59fctZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.4&#160;</span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zgdBXbhfHtid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.5)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zWqd0NiWW1B8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.2&#160;</span></td>
    <td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zGLmhqNbfGgi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;8.2&#160;</span></td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zxkWsAGkgeii" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_z3GM9hfrUhfa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;226.8&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zONCWsN38yZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZ5CZ06oeCua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5.4)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zps65X4oZPS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(5.9)</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWK5dVtFvJ8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4.9&#160;</b></span></td>
    <td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zGhRfBWYwue9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(13.0)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_98C_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zWJMAK9yQ8O4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zjjBvLFi3WEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id="xdx_988_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZBYOZEEG2xc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zVbihOlny676" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.9)</span></td>
    <td id="xdx_980_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zgFaZOkLZYU6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.9&#160;</span></td>
    <td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZaXnsGh9Vx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(13.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zX0Lb8ODCXL1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zpGg9DwKd7xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.5&#160;</b></span></td>
    <td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1V3ROCci8x6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.6)&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98D_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoqmEaKPVEn4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(42.5)</b></span></td>
    <td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1IBhsJ0wR8b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;9.1&#160;</b></span></td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zA9UoXzIup0j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(14.8)&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zyeFQE2q0EQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zhd2OnGsiJQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zEZciaYhfJN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.6)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQHb15Ltx5ua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(42.5)</span></td>
    <td id="xdx_983_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPe9z8gYeiMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;9.1&#160;</span></td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zA1nboIyxcW6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(14.8)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cash</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CashUMember_zDjdmfZCJoLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(17.1)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsCashMember_za20zPz3TNU4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(17.1)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>As at December 31, 2022</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td id="xdx_98E_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zUJzaunwqGi3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,285.0&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z0t72ZXv6vjd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;273.8&#160;</b></span></td>
    <td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zbkx19jPkCdc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(729.4)&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>- </b></span></td>
    <td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zRDyTTvzVyBd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3,140.7)</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zljD8mCBa9wc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;466.7&#160;</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z3JWiPTAlkq9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;106.5&#160;</b></span></td></tr>
  </table>
<p style="font: 9pt Times New Roman,serif; margin: 0"><b>&#160;</b></p>







<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="9" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Gain / (Losses)</b></span></td></tr>
  <tr>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Assets</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Liability</b></span></td>
    <td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Finance Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Operational Result</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Equity</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z3SjBbQpmCJe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;18,911.7&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zsHmeoIvkKhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;597.4&#160;</b></span></td>
    <td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zlbW3C2C97tl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(421.1)</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zAfiNvS290dj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,113.5)</b></span></td>
    <td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z6Moz0GIWRVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,710.2&#160;</b></span></td>
    <td id="xdx_98D_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zx3C1dSUpiQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,277.4&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities</i></span></td>
    <td id="xdx_988_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zOcXzELfWOY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,179.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_znzb8CiUciy2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;455.3&#160;</span></td>
    <td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zojTE3C0NGA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(41.2)&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zzItRoPaQtf4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(126.8)</span></td>
    <td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z3fhcyYHTt01" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,168.1&#160;</span></td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zc5Q86g0jU52" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;684.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOO7rZsqGff2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;15,516.2&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_znOYPTVyIC6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.2&#160;</span></td>
    <td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zS649DEPx0t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(378.4)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zMZ0dZsxwXG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,970.7)&#160;</span></td>
    <td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zPPFOnBm8eb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;541.8&#160;</span></td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zTe3AqA6r0K" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,792.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
    <td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOcgjDYkEL4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;31.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zhC3bWBg58Vl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6208">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zHLbobc7lSBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.8)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zqHT5uM9Xslf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.1)</span></td>
    <td id="xdx_98F_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zCpmwe5l7Otj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTHIJviaObsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1.9)&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
    <td id="xdx_989_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z48ssLMLnBM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;183.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zeak9OtzPqSl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.9&#160;</span></td>
    <td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z4BXJflsuSB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.7)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_985_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zskGRKBwq5Q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(15.9)</span></td>
    <td id="xdx_98A_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zkDPLoxQF36j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(0.2)</span></td>
    <td id="xdx_98B_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze3nZTmxwzSb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(198.1)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed Assets</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zYgFndU1rzC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.1&#160;</b></span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zx8bOXkw3JM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(368.8)</b></span></td>
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    <td id="xdx_985_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zjkT8K9FCxS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;103.2&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zsWdB6SbOKhe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.1&#160;</span></td>
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    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMl33Be1rFRk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(368.8)</span></td>
    <td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMzpGEoHkxG4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;105.3&#160;</span></td>
    <td id="xdx_98A_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_za52xBbtJ142" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;103.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_983_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zIlc50YrVYeh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;365.8&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98D_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYCXdNtyEaAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;0.5&#160;</b></span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8xdxwaSOOac" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(18.1)&#160;</b></span></td>
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    <td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zxQOOmbhP48h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(124.5)</b></span></td>
    <td id="xdx_98E_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z026n1HTnO7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;36.9&#160;</b></span></td>
    <td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zG3MXB9jIcql" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;192.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zaMNnZCAszG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;365.8&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zldAr89unauj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.5&#160;</span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zNQWDiJeSxgd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(18.1)</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zdt577QmvTM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(124.5)</span></td>
    <td id="xdx_987_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z4XL9mXQ68N9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;36.9&#160;</span></td>
    <td id="xdx_98E_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zO9o5iunVaE7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Equity Instrument</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalEquityExposureMember_zYXlyA2Z070a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;78.0&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Stock exchange prices</span></td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_98E_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--StockExchangePricesRiskPortionOfEquityExposureMember_zF5Nec2Rols1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;78.0&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>As at December 31, 2021</b></span></td>
    <td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zsu1OzcQHQHd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,388.9&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td id="xdx_985_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zkDuEe5ADRPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;599.0&#160;</b></span></td>
    <td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zxAWRlmkBIF4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(492.5)&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zcBZJq4lwWS3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(2,528.8)</b></span></td>
    <td id="xdx_985_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zhhT6KGC6I3b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,852.4&#160;</b></span></td>
    <td id="xdx_98E_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zZqif8itRoY1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,573.5&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory', window );">Schedule of detailed information about hedging instruments</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_pn5n6_zWaL2QIvZK04" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Interest Rate Hedging (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zWxEX6Ykk3o8" style="display: none">Schedule of detailed information about hedging instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr>
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Interest rate</b></span></td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Amount&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_986_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zFszv0a8q1a6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">8.5%</span></td>
    <td id="xdx_983_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zqwgVRoSFz9b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;230.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Post fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zIuNNAsTzc41" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;230.1&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_987_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zksscSafiYBe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">8.5%</span></td>
    <td id="xdx_986_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z4imQUpwgmf7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,602.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Working Capital in Argentinean Peso&#160;</span></td>
    <td id="xdx_984_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zdtN3tZ26B2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">73.5%</span></td>
    <td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_z4XQpkT7xIK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;74.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other</span></td>
    <td id="xdx_98D_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zGJZGu9DUzZ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">10.4%</span></td>
    <td id="xdx_989_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_ze9tI0gXPB6i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;421.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zvI5HrFNB62a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">14.0%</span></td>
    <td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zulFw2g0Tdhd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;6.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollars</span></td>
    <td id="xdx_981_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_z7thYLiU5EWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">5.3%</span></td>
    <td id="xdx_98D_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zvlTBLZtFIDj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;511.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Pre-fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zZRqbJYgIFBi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,614.9&#160;</b></span></td></tr>
  </table>





<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Interest rate</b></span></td>
    <td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Amount&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_98A_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zGhgm9vfBUEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">11.6%</span></td>
    <td id="xdx_984_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z1pqGiu5Uhx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;83.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Post fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zhiiAQ4mZHVf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;83.0&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Brazilian Reais</span></td>
    <td id="xdx_98A_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zWRiaSpgu5si" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">7.2%</span></td>
    <td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zxm7NFX3LTL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,343.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Working capital in Argentinean Peso&#160;</span></td>
    <td id="xdx_985_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zsOacJyfumU" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">34.7%</span></td>
    <td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zVuQ6mGCvoQ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;30.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other</span></td>
    <td id="xdx_982_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zIJtNATAjqe1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">11.3%</span></td>
    <td id="xdx_985_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_z7YB9U37X5G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zVW1rDQfXHN3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">13.1%</span></td>
    <td id="xdx_984_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zpULB6g95raj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;17.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Canadian Dollars</span></td>
    <td id="xdx_988_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zI25FGC907l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"><span style="font-family: Times New Roman,serif; font-size: 8pt">2.5%</span></td>
    <td id="xdx_98C_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zcenJrZv39f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;430.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Pre-fixed interest rate&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zHToAdBdptK8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,048.1&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk', window );">Schedule of Notional and fair value amounts per instrument and maturity</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--SensitivityAnalysisForEachTypeOfMarketRisk_pn5n6_zph71ClX422c" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Sensitivity Analysis of Financial Instruments (Details)">
  <tr>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BA_zrC02Dg0EXa2" style="display: none">Schedule of types of market risk</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
  <tr>
    <td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Transaction</b></span></td>
    <td style="width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value</b></span></td>
    <td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Probable scenario</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Adverse scenario</b></span></td>
    <td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Remote<br/>
scenario</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Commodities hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Decrease in commodities price</span></td>
    <td id="xdx_98D_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(275.2)</span></td>
    <td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(466.3)</span></td>
    <td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(1,477.8)</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(2,680.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Input purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;275.2&#160;</span></td>
    <td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;466.3&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,477.8&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,680.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_98A_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(172.4)</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(425.5)</span></td>
    <td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3,933.1)</span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(7,694.0)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Input purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;172.4&#160;</span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;425.5&#160;</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,933.1&#160;</span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,694.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zw8lfcAvmzX2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zimjy8paudX" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTmSDi8ZgTE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8lWUcx8ufbi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_985_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.2)</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(60.6)</span></td>
    <td id="xdx_98D_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(117.3)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Capex Purchases</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.9&#160;</span></td>
    <td id="xdx_98F_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.2&#160;</span></td>
    <td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;60.6&#160;</span></td>
    <td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;117.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed asset effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zD0P4HLcOlm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedges and transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6416">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zzfj2t5Mp15g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6418">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zJ2iecuMD7xa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6420">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zo4b252fzKCb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6422">-</span>&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><i>Foreign exchange hedge</i></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Foreign currency decrease</span></td>
    <td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(5.1)</span></td>
    <td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(55.3)</span></td>
    <td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(106.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Expenses</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.1&#160;</span></td>
    <td id="xdx_98A_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.1&#160;</span></td>
    <td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;55.3&#160;</span></td>
    <td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;106.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expense effects</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8Lk0ibciT69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6440">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8KeAo9w9Nxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6442">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zDdcNC2ZHI84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6444">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_pn6n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6446">-</span>&#160;&#160;&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td>
    <td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;-&#160;&#160;&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">As at December 31, 2022 the Notional and Fair Value amounts per instrument
and maturity were as follow:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock_pn5n6_z8kcvW8iaGcc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B2_zz0B17u5Kh8l" style="display: none">Schedule of Notional and fair value amounts per instrument
and maturity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zoUjWfmnTznd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,758.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zahlH2hygby5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;95.2&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zQzqTVZ9tV0k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6454">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zRppBvwwZnQ9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6456">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z5YnQ3j17wLg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6458">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zF7xAiOx8mb6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,853.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Commodities&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zCFykrVkJ84a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,714.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zaUI9wGC5NOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;95.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zyWDwhwGYF1a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6466">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z5SFk7cOGDR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6468">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zEUXR9sr0rDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6470">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuGOmLnW4Hk9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,809.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zFj000DbuaDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWbJRNOVUCu3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6476">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziApHL8rWbke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6478">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zeXk2JmChcG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6480">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zB1xTmdqvdKb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6482">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4PW1SdNJsC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Euros</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zZmsTb0LRRC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zvXvsnZr95ag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6488">-</span>&#160;&#160;&#160;</span></td>
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    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zIrXqFISX6m1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6492">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zRIW6xDpLVc6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6494">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zEIxcmo8ooZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Mexican Pesos&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z2FF0c2Lr2R9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.5&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zVlKKntcRAb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6500">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zV3XMFqDg4Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6502">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zof9FbNE0OU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6504">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zP7q3s66dfL6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6506">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zaiqOM0yQ45l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed assets</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zK6pyjN4Ytne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;226.8&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zORqAaj7OtLb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6512">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zLgO2Q1ybDZc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6514">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhlxcbt6nTIk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6516">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWsyx9zAGvrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6518">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zqu5EaGUOeHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;226.8&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zcvXlJXmjuZ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_z1aWhC7fA576" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6524">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zC6vOXl4wNhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6526">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zB8Nw3M8zXp5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6528">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zhqWPrqCCJBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6530">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zHwefR5GwVd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYUKFQ0qiB1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zwSCTiNOILa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6536">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zyB9CJYQW0wh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6538">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zcPDaZFWt0Xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6540">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zqd2cQgfUcF3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6542">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z4ZqZybFL298" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zel6VzgsoKp" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPeSiFz80sr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6548">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQCrvOQvoDP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6550">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z03q2ewHZpS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6552">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zmRDBmxRzU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6554">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuoCc6pxjUlk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zHsc0GN9uGqb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,189.8&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zKfqLtZXgLr5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;95.2&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zAsoEtJuy9Ka" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6562">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zDKeESQAViT" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6564">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zy1Vf0FUTS71" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6566">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zb6cpFQupLAf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,285.0&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Costs</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDn1omh75Rc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(449.1)</b></span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDZlp09Okdu5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8ea7hqw9493" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6574">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zPqzoHA3Kz98" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6576">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zgAdugmLdDcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6578">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zOpI7YydsYxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(447.6)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Commodities</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_ziJD80f9Zpp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(276.7)</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVSP6MnBru26" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zD8pPCT9eyDe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6586">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwGRQ9D0XeP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6588">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVuU1w6e7TIh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6590">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuqwcjoVKdK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(275.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zQd0S1GVqTod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(185.2)</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zfxRdAE8kPgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6596">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOBsy8DpWAY1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6598">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziWw3lgTxC5j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6600">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4ao1Ktzr3ud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6602">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zKtFgYctEibd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(185.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTUUjhVIYMn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zG6ujqeqdy9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6608">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKONNbS0UKv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6610">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zBBmL05POU93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6612">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zL3792DDwsYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6614">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zWt2ibBFN9Kh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z9FTfzniAIc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.9&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze6Bj3lp1mU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6620">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zfwz20lTDnd2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6622">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmK5PRIaIEWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6624">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zd4LYVMjTV77" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6626">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zG8s6dZTXGd9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed assets</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zkh45Qm9MYP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.9)</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zsOMQ3iDaV2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6632">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zrctLzvSJTa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6634">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhbnOuN3wArg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6636">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zvk1CC67HDWi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6638">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zVwJi9sq7cAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.9)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlvJ2RQkSwd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zaMuhKUOVO7f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6644">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlzhdOvqmcRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6646">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zpkxIlopQdl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6648">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zxqMyZ4C8wde" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6650">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zFIFucuZPW84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoMLKtEJ4942" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.1)</b></span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zJpQ5RgFkzt4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6656">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zgAAYmso0EU7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6658">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYKTwcJoCIL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6660">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zFz7FwEStwK5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6662">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zR4f8zY1sOxl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.1)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zXLceOAvD9f2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zT8dgNviJtja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6668">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zWXCzplnzl62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6670">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zELiGMiIB4fl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6672">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuniDPiV9jih" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6674">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zd8q4jioJ7qg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_ztq39ekB8FEf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(457.1)</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zNQylyRLMEol" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zSS0svek7aT5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6682">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zwJ20GxJq9yj" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6684">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zs2o28qlcO73" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6686">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zmKhnyqnX7C9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(455.6)</b></span></td></tr>
  </table>

<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock', window );">Schedule of Notional and fair value amounts per instrument and maturity</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock_pn5n6_z8kcvW8iaGcc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B2_zz0B17u5Kh8l" style="display: none">Schedule of Notional and fair value amounts per instrument
and maturity</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Notional Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Cost</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zoUjWfmnTznd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,758.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zahlH2hygby5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;95.2&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zQzqTVZ9tV0k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6454">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zRppBvwwZnQ9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6456">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z5YnQ3j17wLg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6458">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zF7xAiOx8mb6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;19,853.3&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Commodities&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zCFykrVkJ84a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,714.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zaUI9wGC5NOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;95.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zyWDwhwGYF1a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6466">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z5SFk7cOGDR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6468">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zEUXR9sr0rDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6470">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuGOmLnW4Hk9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4,809.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zFj000DbuaDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWbJRNOVUCu3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6476">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziApHL8rWbke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6478">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zeXk2JmChcG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6480">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zB1xTmdqvdKb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6482">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4PW1SdNJsC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,874.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Euros</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zZmsTb0LRRC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zvXvsnZr95ag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6488">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_z6yHibdHBGtc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6490">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zIrXqFISX6m1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6492">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zRIW6xDpLVc6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6494">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zEIxcmo8ooZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;Mexican Pesos&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z2FF0c2Lr2R9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;136.5&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zVlKKntcRAb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6500">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zV3XMFqDg4Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6502">-</span>&#160;&#160;&#160;</span></td>
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    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zP7q3s66dfL6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6506">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhlxcbt6nTIk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6516">-</span>&#160;&#160;&#160;</b></span></td>
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  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zcvXlJXmjuZ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_z1aWhC7fA576" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6524">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zC6vOXl4wNhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6526">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zB8Nw3M8zXp5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6528">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zhqWPrqCCJBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6530">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zHwefR5GwVd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;226.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYUKFQ0qiB1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zwSCTiNOILa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6536">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zyB9CJYQW0wh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6538">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zcPDaZFWt0Xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6540">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zqd2cQgfUcF3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6542">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z4ZqZybFL298" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;204.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;US Dollars&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zel6VzgsoKp" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPeSiFz80sr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6548">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQCrvOQvoDP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6550">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z03q2ewHZpS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6552">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zmRDBmxRzU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6554">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuoCc6pxjUlk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;204.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zHsc0GN9uGqb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,189.8&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zKfqLtZXgLr5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;95.2&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zAsoEtJuy9Ka" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6562">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zDKeESQAViT" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6564">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zy1Vf0FUTS71" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6566">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zb6cpFQupLAf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;20,285.0&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair Value</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Exposure</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Risk</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2023</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2024</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2025</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&gt;2026</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Costs</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDn1omh75Rc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(449.1)</b></span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDZlp09Okdu5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8ea7hqw9493" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6574">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zPqzoHA3Kz98" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6576">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zgAdugmLdDcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6578">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zOpI7YydsYxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(447.6)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Commodities</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_ziJD80f9Zpp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(276.7)</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVSP6MnBru26" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zD8pPCT9eyDe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6586">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwGRQ9D0XeP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6588">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVuU1w6e7TIh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6590">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuqwcjoVKdK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(275.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zQd0S1GVqTod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(185.2)</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zfxRdAE8kPgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6596">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOBsy8DpWAY1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6598">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziWw3lgTxC5j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6600">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4ao1Ktzr3ud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6602">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zKtFgYctEibd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(185.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Euros</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTUUjhVIYMn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zG6ujqeqdy9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6608">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKONNbS0UKv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6610">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zBBmL05POU93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6612">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zL3792DDwsYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6614">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zWt2ibBFN9Kh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Mexican Pesos</span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z9FTfzniAIc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.9&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze6Bj3lp1mU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6620">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zfwz20lTDnd2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6622">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmK5PRIaIEWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6624">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zd4LYVMjTV77" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6626">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zG8s6dZTXGd9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;10.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fixed assets</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zkh45Qm9MYP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.9)</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zsOMQ3iDaV2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6632">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zrctLzvSJTa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6634">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhbnOuN3wArg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6636">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zvk1CC67HDWi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6638">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zVwJi9sq7cAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(3.9)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlvJ2RQkSwd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zaMuhKUOVO7f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6644">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlzhdOvqmcRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6646">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zpkxIlopQdl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6648">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zxqMyZ4C8wde" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6650">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zFIFucuZPW84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Expenses</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoMLKtEJ4942" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.1)</b></span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zJpQ5RgFkzt4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6656">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zgAAYmso0EU7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6658">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYKTwcJoCIL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6660">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zFz7FwEStwK5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6662">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zR4f8zY1sOxl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(4.1)</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">US Dollars</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zXLceOAvD9f2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zT8dgNviJtja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6668">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zWXCzplnzl62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6670">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zELiGMiIB4fl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6672">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuniDPiV9jih" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6674">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zd8q4jioJ7qg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(4.1)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_ztq39ekB8FEf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(457.1)</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zNQylyRLMEol" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td>
    <td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zSS0svek7aT5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6682">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zwJ20GxJq9yj" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6684">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zs2o28qlcO73" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6686">-</span>&#160;&#160;&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zmKhnyqnX7C9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(455.6)</b></span></td></tr>
  </table>

<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfTermsAndDebtRepaymentsTextBlock', window );">Schedule of terms and debt repayments</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfTermsAndDebtRepaymentsTextBlock_pn5n6_zWrvsWJfNMA8" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Terms and Debt Repayment Schedule (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BF_zDo4dLM9vlUc" style="display: none">Schedule of terms and debt repayments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Contractual cash flows</b></span></td>
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    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>1-2 years</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2-3 years</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>3-5 years</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>More than 5 years</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade and other payables (i)</span></td>
    <td id="xdx_981_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zHi2LI128CZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;39,354.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_z6u81wpeneT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;40,656.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zXSY5xvvMwb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;36,818.5&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zh8Ep2fhzcy4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;86.8&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_zNuWB6zIWOpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,275.1&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zIeNVetbubRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,008.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zh8p10cjnXu9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,467.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Secured bank loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zHxaTnqKF2jj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;180.8&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zkFGjD60vIvf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;245.7&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z6dT64d0DaW4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;68.2&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zrrvEr2hTpN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.4&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z1hGy2pEPsVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;25.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zar2ah2BJPG6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.4&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zT6pMEp7mhyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;75.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other unsecured loans</span></td>
    <td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zYHjJDwaujAl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;472.5&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zVPrXnO3OMag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;759.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAhUYsWran19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;169.9&#160;</span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zDyClbGcv7t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;156.7&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zHRKnhyRTnk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;151.6&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zE80EXEsvowe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;165.4&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zyKQRisdPBzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;115.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Lease liabilities&#160;</span></td>
    <td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_ziJK9Z5sKyZ2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,117.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zWPWHERh6rfh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,657.4&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRe96PFjya74" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;962.9&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zBY3VDBtXyah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,008.4&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zONBn5SfADq2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;621.0&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zK7pklR5Kcu" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;696.9&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z4MuaeS45Ioa" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;368.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20221231_z8IrAMxnblEb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;43,125.1&#160;</b></span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231_ztUQ8ApoT8Kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;45,318.6&#160;</b></span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRKTPhZHeaIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;38,019.5&#160;</b></span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zLasnJBeNpGh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,278.3&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_ztVeJFixL5Jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,072.9&#160;</b></span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zqOt1n0QfRca" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1,921.1&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z72gfbjQ0N14" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,026.8&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F01_zU7r1PC25mA8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F18_zMyTTxyZcBea" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</td></tr>
</table>


<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Carrying amount</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Contractual cash flows</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Less than 1 year</b></span></td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>1-2 years</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2-3 years</b></span></td>
    <td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>3-5 years</b></span></td>
    <td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>More than 5 years</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade and other payables (i)</span></td>
    <td id="xdx_987_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zU3VhTAu9gLe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;38,976.2&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zur7M7WAavH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;40,186.2&#160;</span></td>
    <td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zlFTS0lmI1n7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34,690.6&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zb4HT6LS95y9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,279.7&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_z1kxmoGLvOd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,248.8&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zgbico1h9IB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;327.2&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zbtdEdYYpzg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,639.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Secured bank loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_z1XVOW6FN1ek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;247.0&#160;</span></td>
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    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAuONYnX52H7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;88.9&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zuscfgvDTHz4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;61.7&#160;</span></td>
    <td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zQKDbQBtPR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zYLib6L7Cufi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;50.4&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zVYGhiit44t" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;100.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Unsecured bank loans</span></td>
    <td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zhWMQe20Soa6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;84.1&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zQhIenq2ST38" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;84.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNl04Yup9kPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;84.1&#160;</span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zoBQvWWVKZ2i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6797">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z0kk9Xw27qx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6799">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zA1OWr81Anzk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6801">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z5eAwm3YBJw1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6803">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other unsecured loans</span></td>
    <td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zO8ndabgbDj2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;130.1&#160;</span></td>
    <td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zSucYiGNrhTk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;234.7&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z8g5gjIsTYsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;46.5&#160;</span></td>
    <td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zYZnhXqeOLw6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;48.2&#160;</span></td>
    <td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zMZSK4CO6Ggd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;29.1&#160;</span></td>
    <td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zGOBFJiCRNSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;20.7&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z8HKIb9OP23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;90.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Lease liabilities&#160;</span></td>
    <td id="xdx_989_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zQ4j5cbeBaJ5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,639.3&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zlCIiuPAUJf9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,070.9&#160;</span></td>
    <td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z8XUihiBtP1i" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;788.5&#160;</span></td>
    <td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zSQHScZzTP1d" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;756.1&#160;</span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zBpO6suNKyYc" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;550.7&#160;</span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zJteQh6h5b3f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;422.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zSTeqJRt92Ic" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;553.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--Borrowings_iI_pn5n6_c20211231_z4lY7bfOrMp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;42,076.7&#160;</b></span></td>
    <td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231_z3WWu0ZNwwj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;43,904.0&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zkkgbU4FXMIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;35,698.6&#160;</b></span></td>
    <td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zEBBvsMsOreb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,145.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zl4NVZDiXu13" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,855.0&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zaXWTfRWGtij" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;820.7&#160;</b></span></td>
    <td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zmRgnjhdka21" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,384.0&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%">
<tr style="vertical-align: top">
  <td id="xdx_F02_z5vvHKjPbiJ3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%">(i)</td>
  <td id="xdx_F1A_zgWmDfoyXFvd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</td></tr>
</table>


<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory', window );">Schedule of consolidated financial instruments</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89A_eifrs-full--DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_pn5n6_zPSFmM9ffA6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Consolidated Financial Instrument (Details)">
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8B3_z6KJ30662FE" style="display: none">Schedule of consolidated financial
instruments</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortized cost</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value through profit or loss</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial assets</b></span></td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash and cash equivalents less bank overdrafts</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zo2O5YhCPyqb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,852.1&#160;</span></td>
    <td id="xdx_980_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zzUcjTGST4S5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6854">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z0tPkQ1cnJua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;14,852.1&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables excluding prepaid expenses&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zAHmMG9KflA5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,791.4&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_znfI5rBtBFAi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6860">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zNWnN1rddAs7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,791.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z0c6efVuDvO" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;219.1&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z8Z3gMGXd8xk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;454.5&#160;</span></td>
    <td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zsP4N5Ct8nc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;673.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_pn6n5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6870">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zQs2G41Kec03" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.8&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zBrsx2vkdkif" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.8&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_z4zv3XUtsXJh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;22,862.6&#160;</b></span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zOleVAbmFc8i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;728.3&#160;</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20221231_z4bczyr3B2Fb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;23,590.9&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_z1M07AQcB9m9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;24,837.9&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zoIrdPKwsgld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;24,837.9&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Put options granted on subsidiaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zhNiWJaextSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,060.3&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_ztQrvWCbHwzl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,060.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_z0nKmLUXJr4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;729.4&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zMzLjxw3lSb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;729.4&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowing</span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zNosUjKSwGZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,770.7&#160;</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;-&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_z8ltolsppQBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,770.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other liabilities</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZqwtfVRKlx6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,015.6&#160;</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zvZGtik0KQF3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;333.7&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zFUfUak6RhI6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,349.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zbPKVO2wA1o7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;30,624.2&#160;</b></span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_z2uJvLSJyyF4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,123.4&#160;</b></span></td>
    <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231_zFfIYCnsv0X3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;34,747.6&#160;</b></span></td></tr>
  </table>





<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Amortized cost</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Fair value through profit or loss</b></span></td>
    <td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Total&#160;</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial assets</b></span></td>
    <td colspan="3" style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cash and cash equivalents less bank overdrafts</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zZhiFkX1eyN9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16,597.2&#160;</span></td>
    <td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zdeEl9ovcD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6912">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z4PvLJIHRJhb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;16,597.2&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade receivables excluding prepaid expenses&#160;</span></td>
    <td id="xdx_984_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zZG5y14e3ai2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,084.7&#160;</span></td>
    <td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z6vwGe3l8XPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6918">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z9qvexCcZ6M5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;7,084.7&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Investment securities</span></td>
    <td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zovDtB9Zg5Z3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;192.9&#160;</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z9BawY2FJNm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,914.6&#160;</span></td>
    <td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zoBSvC2zoFel" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;2,107.5&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td id="xdx_983_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zk9CYxQ9EMg1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6928">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zIcEmGVGnb49" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;599.0&#160;</span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_z406EQUQP3I3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;599.0&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_zKZYd3OtA3Zh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;23,874.8&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zuCyjVOpJ5Fa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,513.6&#160;</b></span></td>
    <td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231_zbcNJJpZvNO4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;26,388.4&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Financial liabilities</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Trade payables</span></td>
    <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zf64vjYBbiCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">25,695.0</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zWQ5SYRGoLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">25,695.0</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Put options granted on subsidiaries</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zF4Ugf6EfZH3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,291.4</span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zQGoBQsXZEsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,291.4</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives hedges</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_988_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zTM6htSQ78Z9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">492.5</span></td>
    <td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zFm9BBosMo54" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">492.5</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Interest-bearing loans and borrowing</span></td>
    <td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zSEwRRFHzrJ4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,100.6</span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">-</span></td>
    <td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zIJ1DjzqjGwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">3,100.6</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Other liabilities</span></td>
    <td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZ4AJ1VEIOSd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">2,263.7</span></td>
    <td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zn6QkO9gIT8k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">194.7</span></td>
    <td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zGevWrgYVJ83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt">2,458.4</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zNmSwaUDaBOg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>31,059.3</b></span></td>
    <td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_zrXYxGi0Dw4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>3,978.6</b></span></td>
    <td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231_zytjIUftMKH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>35,037.9</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock', window );">Schedule of fair value measurement</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock_pn5n6_zLiruAg0dR45" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Fair Value Hierarchy (Details)">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"><span id="xdx_8B7_zmPnZQQARLbi" style="display: none">Schedule of fair value measurement</span></td>
    <td id="xdx_493_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zowJmDGyt9K5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_497_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zwrNyf9OVvjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49A_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkSfda33qYGd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20221231_zefytfbl5Pse" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_49A_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zAEmGWNxa4b5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_49F_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zmhJ721RS0H2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_492_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zFcIVeDzaXd5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td>
    <td id="xdx_491_20211231_zp6vZZeL2u75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 31%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 1</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 2</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 3</b></span></td>
    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 1</b></span></td>
    <td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Level 2</b></span></td>
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    <td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Total</b></span></td></tr>
  <tr style="vertical-align: bottom">
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    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_404_eifrs-full--FinancialAssetsAtFairValueThroughProfitOrLoss_iI_pn5n6_maFAAFVzkse_zHQ3esIkpkN7" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Financial asset at fair value through profit and loss</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;454.5&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6971">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6972">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;454.5&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,914.6&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6975">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6976">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1,914.6&#160;</span></td></tr>
  <tr id="xdx_406_ecustom--DerivativeFinancialAssetsHeldForHedgingOperationalHedges_iI_pn5n6_maFAAFVzkse_zNkPzqNl9hw" style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives - operational hedge</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;57.0&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;216.8&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6981">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;273.8&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;159.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;439.9&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6985">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;599.0&#160;</span></td></tr>
  <tr id="xdx_40F_eifrs-full--FinancialAssetsAtFairValue_iTI_pn5n6_mtFAAFVzkse_ztiXT7GrBZD7" style="background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;511.5&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;216.8&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6990">-</span>&#160;&#160;&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;728.3&#160;</b></span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,073.7&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;439.9&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;<span style="-sec-ix-hidden: xdx2ixbrl6994">-</span>&#160;&#160;&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;2,513.6&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b><span style="text-decoration: underline">Financial liabilities</span></b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td></tr>
  <tr id="xdx_40F_eifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLoss_iI_pn5n6_maFLAFVzw0K_z1I8y2cZ67P7" style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Financial liabilities at fair value through profit and loss</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6997">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl6998">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,393.9&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,393.9&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7001">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7002">-</span>&#160;&#160;&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,486.0&#160;</span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3,486.0&#160;</span></td></tr>
  <tr id="xdx_402_ecustom--DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_iI_pn5n6_maFLAFVzw0K_zN7bclazl1Pj" style="background-color: White">
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Derivatives - operational hedge</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;76.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;653.3&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7008">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;729.4&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;193.4&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;299.1&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7012">-</span>&#160;&#160;&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;492.5&#160;</span></td></tr>
  <tr id="xdx_408_eifrs-full--FinancialLiabilitiesAtFairValue_iTI_pn5n6_mtFLAFVzw0K_z1Wk6JUDb5pf" style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;Total</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;76.1&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;653.3&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,393.9&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;4,123.3&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;193.4&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;299.1&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,486.0&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;3,978.5&#160;</b></span></td></tr>
  </table>
<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory', window );">Schedule of Reconciliation of changes in the assets</a></td>
<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_pn5n6_zQ0Iiw5AIys7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Reconciliation of Changes In the Assets Categorized At Level 3 (Details)">
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span id="xdx_8BB_zxfAJoULueFg" style="display: none">Schedule of Reconciliation of changes in the assets</span></td>
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right">&#160;</td></tr>
<tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; width: 78%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Financial liabilities at December 31, 2021</b></span></td>
    <td id="xdx_988_eifrs-full--FinancialLiabilities_iS_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z4TCq9q59GX8" style="white-space: nowrap; vertical-align: bottom; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liabilities balance"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>3,486.0&#160;</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Acquisition of investments</span></td>
    <td id="xdx_98B_eifrs-full--PurchasesFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkk9o0DKgJR" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition of investments"><span style="font-family: Times New Roman,serif; font-size: 9pt">161.4&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"><span style="font-family: Times New Roman,serif; font-size: 9pt">Total gains and losses during the period</span></td>
    <td id="xdx_982_ecustom--LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z5tiLp8Sr8ed" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total gains and losses during the period"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>(253.5)</b></span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Losses/(gains) recognized in net income</span></td>
    <td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znaCtrTWKQyf" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Losses/(gains) recognized in net income"><span style="font-family: Times New Roman,serif; font-size: 9pt">(46.3)</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;&#160; Losses/(gains) recognized in equity</span></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about financial instruments. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 35K<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35K&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 31<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about hedging instruments. [Refer: Hedging instruments [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 24A<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24A&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the fair value measurement of liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the entity's financial risk management practices and policies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 10<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss and equity would have been affected by changes in the relevant risk variable that were reasonably possible at that date. [Refer: Market risk [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 40<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_40_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455661472">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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  <tr style="vertical-align: bottom">
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_982_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20211231_z4gb7HvkJBWf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">1,719.1</span></td></tr>
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    <td id="xdx_981_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zDYnSSp0GR42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2,507.7</b></span></td></tr>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_982_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20211231_zdPYHtjUB0N4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Commitments to suppliers"><span style="font-family: Times New Roman,serif; font-size: 9pt">51,562.0</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_98D_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zemYR89ZxgX1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>50,365.3</b></span></td>
    <td id="xdx_98B_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_z1oYN06smiqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>51,562.0</b></span></td></tr>
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<p style="font: 5pt/110% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

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<td class="text"><table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfFutureContractualCommitmentsTextBlock_pn5n6_zMPuBxM4YPOb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Future Contractual Commitments (Details)">
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of future contractual commitments</span> </td>
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<tr style="vertical-align: bottom">
    <td style="white-space: nowrap; width: 47%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td>
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    <td id="xdx_989_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCT0AB8zHBG8" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt">11,559.9</span></td></tr>
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    <td id="xdx_985_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zhZKrJwDhphl" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>50,365.3</b></span></td>
    <td id="xdx_98A_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_zHuMWWpHBD1g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>51,562.0</b></span></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The disclosure of commitments and contingent liabilities. [Refer: Contingent liabilities [member]]</p></div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450621424">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONTINGENCIES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureOfEstimatesOfPossibleLossesTextBlock', window );">Schedule of estimates of possible losses</a></td>
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  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_983_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PISAndCOFINSTaxContingentLiabilityMember_z4DmEx59rpx" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;2,667.6&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_982_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z38rhrFjkYKh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,909.1&#160;</span></td>
    <td id="xdx_98E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z1OINrNIvzQ6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1,606.3&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
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    <td id="xdx_980_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231_zzbpA2QJPUpg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;91,560.7&#160;</b></span></td>
    <td id="xdx_986_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231_zVcw6ZdCrmx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;82,445.0&#160;</b></span></td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455776816">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTIES (Tables)<br></strong></div></th>
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  <td id="xdx_F1E_zWpHyTcTNBpj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%">These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration
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    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zf0dKWkmt5K4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7263">-</span>&#160;&#160;&#160;</span></td></tr>
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    <td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zZz2pHjo7Lej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7273">-</span>&#160;&#160;&#160;</span></td>
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  <tr style="vertical-align: bottom; background-color: White">
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    <td id="xdx_988_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_ztboKv0lMHU9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;13.9&#160;</span></td>
    <td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zrJl7z1TLMyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7291">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zR5aBtctBLeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(6.9)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;a Modelo</span></td>
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    <td id="xdx_985_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1Wc9B03c0Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7297">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z9HZROIWld62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(345.5)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsp2yVCljH93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.9&#160;</span></td>
    <td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOBTyfezLGZ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7303">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zqmx2LZjbyaj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(46.4)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inbev</span></td>
    <td id="xdx_985_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zk9WhUOeTlxk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.0&#160;</span></td>
    <td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zVggyqtfBYqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;23.9&#160;</span></td>
    <td id="xdx_985_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zjTvGZCFDT23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(12.2)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panam&#225; Holding</span></td>
    <td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z2Cgfcn34wKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.9&#160;</span></td>
    <td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z7sYNtgU7wO8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7315">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zb34svYVgUJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7317">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Others</span></td>
    <td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2AZakYnyzWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;19.9&#160;</span></td>
    <td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zkw4m1XJVgxj" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.9&#160;</span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zRfsLFMP0kt7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(14.7)</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zgaN1GnMb2I7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;290.7&#160;</b></span></td>
    <td id="xdx_981_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zfd3pg1dpIid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;24.8&#160;</b></span></td>
    <td id="xdx_98D_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20221231_zZF1WC0fwFG8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(830.4)</b></span></td></tr>
  </table>
<p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="vertical-align: bottom; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Current</b></span></td>
    <td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>&#160;Trade receivables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup><span style="font-size: 8pt">&#160;</span></span></b></td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>&#160;Other trade receivables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup><span style="font-size: 8pt">&#160;</span></span></b></td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font: normal 8pt Times New Roman,serif"><b>&#160;Trade payables&#160;</b></span><b><span style="font-family: Times New Roman,serif; font-style: normal"><sup>(i)</sup><span style="font-size: 8pt">&#160;</span></span></b></td>
    <td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Dividends receivables&#160;</b></span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB Africa</span></td>
    <td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zFSVesK3A4Y5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;5.3&#160;</span></td>
    <td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zypg0GTAT2G6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7333">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zKUcTopRAuPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7335">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_ztAGeywFnhWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7337">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB InBev</span></td>
    <td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zmnfqfK0kUd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;45.4&#160;</span></td>
    <td id="xdx_989_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z1lS9sYFFKkf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7341">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_za4coUtosSwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(167.0)&#160;</span></td>
    <td id="xdx_980_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zu7MfAfTRky2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7345">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB&#160;Package&#160;</span></td>
    <td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zTQgx8uESu0f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7347">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z0ME81T41566" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7349">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zF7aTcSk10ej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(63.1)</span></td>
    <td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zYvsmq93yxI3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7353">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB&#160;Services&#160;</span></td>
    <td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zuLmiVebTlAf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;32.7&#160;</span></td>
    <td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIRgswmWbaf8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7357">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zDQkO4gDhmef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(3.0)&#160;</span></td>
    <td id="xdx_98B_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zMlpnzqPLag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7361">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">AB USA</span></td>
    <td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zOUqn8fgw0Tk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;34.5&#160;</span></td>
    <td id="xdx_988_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zM4JIKWxdKf5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;11.5&#160;</span></td>
    <td id="xdx_987_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zgCZr4gv32N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(330.7)&#160;</span></td>
    <td id="xdx_98C_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zXYvhv6pzip8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7369">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Bavaria</span></td>
    <td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zcpZV5J8Cfme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.6&#160;</span></td>
    <td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z4BTUthjO1Bi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7373">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zThf0RdP6bh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(11.0)</span></td>
    <td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zEDJvJDmfDhk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7377">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;a Modelo</span></td>
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    <td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ztMySozLyRhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7381">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zXTUyfy4pfOb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(548.4)</span></td>
    <td id="xdx_984_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ziQbfpeywlck" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7385">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Cervecer&#237;as&#160;Peruanas&#160;</span></td>
    <td id="xdx_98B_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zax3QJWXdcd2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;3.4&#160;</span></td>
    <td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zY9LiUNvv6J7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7389">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zooTPyi851t2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(16.6)</span></td>
    <td id="xdx_986_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zFPFHsEdZRpl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7393">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Inbev</span></td>
    <td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zqr8EArTJnR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;0.8&#160;</span></td>
    <td id="xdx_982_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zzicLc4sGAtb" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;26.4&#160;</span></td>
    <td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zuLSy26VxZR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(26.4)&#160;</span></td>
    <td id="xdx_98D_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZtl87BNrIhi" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7401">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Panama&#160;Holding&#160;</span></td>
    <td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zXYn3QuaRHm6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;4.6&#160;</span></td>
    <td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zk3LDGB25R8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7405">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_ztdMeU6XzfWe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7407">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zNSHXdt8Io8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">Others</span></td>
    <td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2W624LhnE82" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;18.7&#160;</span></td>
    <td id="xdx_986_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zDyxeIvoU9w1" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;1.1&#160;</span></td>
    <td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zb0M8I44wyii" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(44.5)&#160;</span></td>
    <td id="xdx_988_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_ztvk1Ny7O945" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7417">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="vertical-align: bottom; background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zRT2RYKcdzhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;155.1&#160;</b></span></td>
    <td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zNXk5Ncj0jM7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;39.0&#160;</b></span></td>
    <td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20211231_zNZlQYFVGXU5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(1,210.7)</b></span></td>
    <td id="xdx_989_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_ztULRiPC3i15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;1.5&#160;</b></span></td></tr>
  </table>
<p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 8pt/115% Times New Roman,serif; margin: 0">(i) The amount represents trading operations (purchase and sale) and reimbursements
between the companies of the group.</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="white-space: nowrap; vertical-align: bottom; width: 43%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2022</b></span></td>
    <td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>Non-current&#160;</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Trade payables</b></span></td>
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;Trade payables</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 8pt">ITW International</span></td>
    <td id="xdx_981_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zoYV7NiH1aY8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(343.6)</span></td>
    <td id="xdx_98B_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zTfozJ8YY7t8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt">&#160;(407.9)</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231_zmcRtGhTCyUj" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(343.6)</b></span></td>
    <td id="xdx_984_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231_zAqZnrGShPIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"><span style="font-family: Times New Roman,serif; font-size: 8pt"><b>&#160;(407.9)</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>





<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">The tables below represent transactions with related
parties, recognized in the income statement:</p>

<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2022</b></span></td></tr>
  <tr>
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    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB InBev</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zlhT6lnbX9r6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.1&#160;</span></td>
    <td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zzHVRUkhMzGf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;5.2&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_983_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z0QGbaOHwJmk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(117.3)</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zRhIM2DXYqJ" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(8.5)</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zqXBYJdvNKF6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;208.7&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgxieD5fGIt1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7445">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zXjAct2QbYSc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7447">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zpcfawFRrmr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(356.8)</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7451">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7453">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zihJmmr1miuf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7455">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_ztfarhhfhspf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7457">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98A_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z0mqGbRUjGZa" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7459">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z3OMXhNInAhg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(18.1)</span></td>
    <td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7463">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzhD24w5gZn4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;25.5&#160;</span></td>
    <td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zPMOieYfpXP5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7467">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zyGAFVxKJVNl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,129.7)</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zuQgd96dxHad" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.2)</span></td>
    <td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_pn5n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7473">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Ambev Peru</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zo26dAgTo4gk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.6&#160;</span></td>
    <td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zoNTNp50ELal" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7477">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zNo8SQQB6lOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7479">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7481">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7483">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bavaria</span></td>
    <td id="xdx_98D_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zNCZQ27xtFc1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;32.0&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zn1G4iStC8Sl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7487">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zubmmT2HjJvc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(56.7)</span></td>
    <td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7491">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98F_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7493">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zcGkfW59VlAh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;124.4&#160;</span></td>
    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ze1XvrNDk1f2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7497">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zmK5SRVchILf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,323.6)</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7501">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7503">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zVkWauzHjWG5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.7&#160;</span></td>
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    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zlAGZCNfW5Gl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(49.6)</span></td>
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    <td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7513">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">GCC India</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zBNVBBGzJkw" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7515">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zPEG83RehrY7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7517">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zSDh1VwOklta" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7519">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7Jvl14FQo17" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(7.1)</span></td>
    <td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7523">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inbev</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZyuZ9UfKaCg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7525">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_z3i8wc7p7o8g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7527">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zOAwZ7phpN95" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(129.8)</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7531">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7533">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ITW International</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zbQE6YyX70rk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7535">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zFotqsEAkQJ1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7537">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z1mLEoc91Hok" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7539">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7541">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_981_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z0kNCeNA0Sah" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;37.3&#160;</span></td></tr>
  <tr style="background-color: White">
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    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zTJbgU3PLOU7" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;9.6&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zWNzvVA1Xvag" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(87.2)</span></td>
    <td id="xdx_985_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_pn6n5" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7551">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zLBIXMSmdoq6" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;1.9&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231_znoHXCbDgHvc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;269.1&#160;</b></span></td>
    <td id="xdx_98F_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_zuUVh1ebrQfe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;14.8&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231_zSpKvRMmEWJl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,250.7)</b></span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_ztZKUZJONVsk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(36.9)</b></span></td>
    <td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231_zSWhA24Rfn9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;247.9&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2021</b></span></td></tr>
  <tr>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Company</b></span></td>
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    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other receivables</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Product purchases and other</b></span></td>
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other payable</b></span></td>
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  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB InBev</span></td>
    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zn8CO5gfWEz9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.7&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zaFP8XnXCYI" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7567">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zMXvKrr3iZxi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(180.3)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zN1QKwgthWFg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(10.7)</span></td>
    <td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zb4nSRPKnTda" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7573">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_ztIV4Rjtutge" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7575">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z5AD705Lgn2h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7577">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zc6LnSbTkMNc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(286.7)</span></td>
    <td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z39v90AkU5y9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7581">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zQkYo3rx4Qpj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7583">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDnxwinQONia" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7585">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zxuX03FfIaRl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7587">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zOsFKYkff3ie" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7589">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpqBDj9MkOoh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(16.1)</span></td>
    <td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zelIUiQqGwml" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7593">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkdSKqWsQAS4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;32.1&#160;</span></td>
    <td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zR6acmaxz8ca" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7597">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zBGkmGigMmH9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,209.9)</span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUmV9PI3Tc98" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.9)</span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zNctGdZjX6f7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.3&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Ambev Peru</span></td>
    <td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zCSxu4dI53Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.2&#160;</span></td>
    <td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zjedWkOqZhF4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7607">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_986_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z9UtsuQfl8Bl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7609">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zBxUjZuYWzM3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7611">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z1RZhx3vu5Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7613">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bavaria</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zIohmnf4cR91" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;30.9&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zhJaLQvf4pR5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7617">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zu7yf9IQUnBj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(57.0)</span></td>
    <td id="xdx_98C_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z9qT0ps4uGe1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7621">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zmRezQ9Ou9wg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7623">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1NzGt3mCpqi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.8&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z7Pwv6PJP0Z" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7627">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z2GgAUmUGN2k" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,708.2)</span></td>
    <td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zwyfNj55DhIb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7631">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z8TbDsCJs2B9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7633">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_z7gqE85nzU1h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.2&#160;</span></td>
    <td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zyHOIHSTAx7h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7637">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zJGZYfNKCnI9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(32.9)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zRTCM18J9Dkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7641">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOhM2gZPBvYc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7643">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">GCC India</span></td>
    <td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zasXwgnoV6l7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7645">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zyRKTIrp4DH6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7647">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z0ArqXTh7Kld" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7649">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z1j2NO9TYud8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(8.2)</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_ziAhqjYVTOva" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7653">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
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    <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlLXBI7jHPxk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7655">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcx2fCkMgxKh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7657">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zbaHVdLjkbJ3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(107.9)</span></td>
    <td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcHZ4BXq50L1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7661">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsTFeStj5lzi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7663">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ITW International</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zR4wgsukAJI1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7665">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zfQpRuWCbC22" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7667">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98B_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zsjLnH3HfDAf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7669">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zOMKJVFrLXwc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7671">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98B_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zjP8FQ68PjN8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;42.2&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Other</span></td>
    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zK2lxuqIHYBi" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;19.5&#160;</span></td>
    <td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zeLL6McLRxD9" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;3.6&#160;</span></td>
    <td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zYFHpL8Zyb8" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(143.0)</span></td>
    <td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z8nh6s28T0o" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7681">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zwUvZTINwN06" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7683">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zuBSboyQSdF3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;90.4&#160;</b></span></td>
    <td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zDayGqwRllVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;3.6&#160;</b></span></td>
    <td style="padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zZl6JAu2P6yc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(3,725.9)</b></span></td>
    <td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zmbOHqm6wDD1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;(38.9)</b></span></td>
    <td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231_zEUx1vI9Fbec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>&#160;42.5&#160;</b></span></td></tr>
  </table>
<p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt">
  <tr style="vertical-align: bottom">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>2020</b></span></td></tr>
  <tr>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Company</b></span></td>
    <td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Sales and other</b></span></td>
    <td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other receivables</b></span></td>
    <td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Product purchases and other</b></span></td>
    <td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Service fees / reimbursement of expenses and other payables</b></span></td>
    <td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"><span style="font-family: Times New Roman,serif; font-size: 9pt"><b>Net finance cost</b></span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB InBev</span></td>
    <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zo8PsmuQIzW6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.3&#160;</span></td>
    <td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zVZjQgu9LoY3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7697">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zuRiQkTU5Ac7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(80.6)</span></td>
    <td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zAtwZLlBFf3d" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(9.9)</span></td>
    <td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zpfQf1KF0ac4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7703">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Package</span></td>
    <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zulYTAcVuxrb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7705">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUmsJVC2i5M3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7707">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgqlOcvnWjOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(159.2)</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z2g3hWKsw9J2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7711">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zudwaMFWE5z5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7713">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB Procurement&#160;</span></td>
    <td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zLY5Z8yhV4A6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;0.2&#160;</span></td>
    <td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpFqTAqx4myh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7717">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNiINHeO0rN" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.6)</span></td>
    <td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDOkHmfrpwfk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(17.3)</span></td>
    <td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNC86kjEaPv" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7723">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">AB USA</span></td>
    <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzcZK7de4Q18" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;35.2&#160;</span></td>
    <td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUayry8i2Mkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7727">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkVXV9JX0PPk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(977.0)</span></td>
    <td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_z3zjkdv2J9wc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(3.2)</span></td>
    <td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zalELH3Lueud" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7733">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Bavaria</span></td>
    <td id="xdx_98A_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zkpn1VrFgfQ2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;26.1&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zbNtqZO5xWw8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7737">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zOwRgaUqzdvh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(48.0)</span></td>
    <td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zwM3VO5btdV4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7741">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zeWBoeKusdTi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7743">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;a Modelo</span></td>
    <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zxInVMf3Bp01" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.1)</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zikbPzAwiHF9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7747">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zEkdvfL1g4og" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(1,269.6)</span></td>
    <td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zVvqiMUzt1W7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7751">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z6aO7rM0SEr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7753">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Cervecer&#237;as Peruanas</span></td>
    <td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zGbFP3lYbyJ6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;13.3&#160;</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zNStBsIUiFE1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7757">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsZAticbtESf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(40.3)</span></td>
    <td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zBlmWVea7DU4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7761">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zn5qnV9OqAjj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7763">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">GCC India</span></td>
    <td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zOIaN3DmQl57" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7765">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7ULZczqzeZi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7767">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zmo3fEHf1zPg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7769">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zY7XCK2oZPs6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(7.3)</span></td>
    <td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zATCzaOouzje" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7773">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">Inbev</span></td>
    <td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zUavIr2SuMrg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(0.9)</span></td>
    <td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZDO9jLCk5I1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7777">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsNnx531axm9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;(102.3)</span></td>
    <td id="xdx_985_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zUNmS1uL0dbg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7781">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlpUfe6loR5g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7783">-</span>&#160;&#160;&#160;</span></td></tr>
  <tr style="background-color: White">
    <td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"><span style="font-family: Times New Roman,serif; font-size: 9pt">ITW International</span></td>
    <td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zclAwNJUvEBh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7785">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98A_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zshKhzVDEp56" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7787">-</span>&#160;&#160;&#160;</span></td>
    <td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt">&#160;</td>
    <td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zun4cXDfso6j" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7789">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_984_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zyMcpqkoHnU7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;<span style="-sec-ix-hidden: xdx2ixbrl7791">-</span>&#160;&#160;&#160;</span></td>
    <td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zQkq54xIj9uc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"><span style="font-family: Times New Roman,serif; font-size: 9pt">&#160;10.5&#160;</span></td></tr>
  <tr style="background-color: rgb(204,238,255)">
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<th class="th"><div>Dec. 31, 2020</div></th>
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<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherOperatingIncomes', window );">Other operating income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InsuranceFinanceIncomeExpenses', window );">Finance expenses and income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_StockRepurchaseProgramSharesAuthorized', window );">abev_StockRepurchaseProgramSharesAuthorized</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,700,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,357,308,131<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumTermOfEquitySwapAgreement', window );">Maximum term of equity swap agreement (Month)</a></td>
<td class="text">18 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement', window );">Maximum exposure of common shares under a equity swap agreement (in shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">80,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">65,000,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_OwnershipAxis=abev_TenedoraMember', window );">Tenedora [Member] | ELJ [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock', window );">Put options, exercisable number of shares, percent of outstanding stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_OwnershipAxis=abev_TenedoraMember', window );">Tenedora [Member] | ELJ [Member] | Tranche A [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock', window );">Put options, exercisable number of shares, percent of outstanding stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12.11%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12.11%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_OwnershipAxis=abev_TenedoraMember', window );">Tenedora [Member] | ELJ [Member] | Tranche B [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock', window );">Put options, exercisable number of shares, percent of outstanding stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.89%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.89%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdditionalTaxCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdditionalTaxCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The maximum exposure of common shares under a equity swap agreement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_MaximumExposureOfCommonSharesUnderAEquitySwapAgreement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_MaximumTermOfEquitySwapAgreement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The maximum term of an equity swap agreement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_MaximumTermOfEquitySwapAgreement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherOperatingIncomes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherOperatingIncomes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percent of outstanding stock that number of exercisable shares from put options will give the holder upon exercise.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_StockRepurchaseProgramSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents shares authorized for stock purchase program.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_StockRepurchaseProgramSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InsuranceFinanceIncomeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that comprises the change in the carrying amount of the group of insurance contracts arising from: (a) the effect of the time value of money and changes in the time value of money; and (b) the effect of financial risk and changes in financial risk; but (c) excluding any such changes for groups of insurance contracts with direct participation features that would adjust the contractual service margin but do not do so when applying paragraphs 45(b)(ii), 45(b)(iii), 45(c)(ii) or 45(c)(iii) of IFRS 17.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2022-03-24<br> -Paragraph 110<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_110&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InsuranceFinanceIncomeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ReserveQuantitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ReserveQuantitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_OwnershipAxis=abev_TenedoraMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_OwnershipAxis=abev_TenedoraMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=abev_ELJMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=abev_ELJMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheBMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheBMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>85
<FILENAME>R71.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446426192">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Significant Exchange Rates (Details)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_CanadianDollarsSpentInCanadaAndCubaMember', window );">Canadian Dollars spent in Canada and Cuba [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">3.8540<span></span>
</td>
<td class="nump">4.3914<span></span>
</td>
<td class="nump">4.0791<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">3.9807<span></span>
</td>
<td class="nump">4.2960<span></span>
</td>
<td class="nump">3.6414<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_DominicanPesosSpentInTheDominicanRepublicMember', window );">Dominican Pesos spent in the Dominican Republic [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.0925<span></span>
</td>
<td class="nump">0.0970<span></span>
</td>
<td class="nump">0.0891<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.0937<span></span>
</td>
<td class="nump">0.0938<span></span>
</td>
<td class="nump">0.0885<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_USDollarsSpentInPanamaAndCubaMember', window );">US Dollars spent in Panama and Cuba [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">5.2177<span></span>
</td>
<td class="nump">5.5805<span></span>
</td>
<td class="nump">5.1967<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">5.1644<span></span>
</td>
<td class="nump">5.3687<span></span>
</td>
<td class="nump">4.9348<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_QuetzalSpentInGuatemalaMember', window );">Quetzal spent in Guatemala [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.6623<span></span>
</td>
<td class="nump">0.7201<span></span>
</td>
<td class="nump">0.6700<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.6649<span></span>
</td>
<td class="nump">0.6954<span></span>
</td>
<td class="nump">0.6405<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_ArgentineanPesoSpentInArgentinaMember', window );">Argentinean Peso spent in Argentina [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.0295<span></span>
</td>
<td class="nump">0.0543<span></span>
</td>
<td class="nump">0.0618<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.0403<span></span>
</td>
<td class="nump">0.0568<span></span>
</td>
<td class="nump">0.0750<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_BolivianPesoSpentInBoliviaMember', window );">Bolivian Peso spent in Bolivia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.7497<span></span>
</td>
<td class="nump">0.8018<span></span>
</td>
<td class="nump">0.7467<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.7420<span></span>
</td>
<td class="nump">0.7714<span></span>
</td>
<td class="nump">0.7090<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_GuaraniSpentInParaguaiMember', window );">Guarani spent in Paraguai [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.0007<span></span>
</td>
<td class="nump">0.0008<span></span>
</td>
<td class="nump">0.0007<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.0007<span></span>
</td>
<td class="nump">0.0008<span></span>
</td>
<td class="nump">0.0007<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_UruguayanPesoSpentInUruguayMember', window );">Uruguayan Peso spent in Uruguay [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.1302<span></span>
</td>
<td class="nump">0.1249<span></span>
</td>
<td class="nump">0.1227<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.1253<span></span>
</td>
<td class="nump">0.1236<span></span>
</td>
<td class="nump">0.1218<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_ChileanPesoSpentInChileMember', window );">Chilean Peso spent in Chile [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">0.0061<span></span>
</td>
<td class="nump">0.0066<span></span>
</td>
<td class="nump">0.0073<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">0.0059<span></span>
</td>
<td class="nump">0.0071<span></span>
</td>
<td class="nump">0.0062<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_BarbadianDollarSpentInBarbadosMember', window );">Barbadian Dollar spent in Barbados [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Closing rate</a></td>
<td class="nump">2.5721<span></span>
</td>
<td class="nump">2.7510<span></span>
</td>
<td class="nump">2.5618<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageForeignExchangeRate', window );">Average rate</a></td>
<td class="nump">2.5458<span></span>
</td>
<td class="nump">2.6465<span></span>
</td>
<td class="nump">2.4326<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The average exchange rate used by the entity. Exchange rate is the ratio of exchange for two currencies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClosingForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClosingForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_CanadianDollarsSpentInCanadaAndCubaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_CanadianDollarsSpentInCanadaAndCubaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_DominicanPesosSpentInTheDominicanRepublicMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_DominicanPesosSpentInTheDominicanRepublicMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_USDollarsSpentInPanamaAndCubaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_USDollarsSpentInPanamaAndCubaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_QuetzalSpentInGuatemalaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_QuetzalSpentInGuatemalaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_ArgentineanPesoSpentInArgentinaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_ArgentineanPesoSpentInArgentinaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_BolivianPesoSpentInBoliviaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_BolivianPesoSpentInBoliviaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_GuaraniSpentInParaguaiMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_GuaraniSpentInParaguaiMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_UruguayanPesoSpentInUruguayMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_UruguayanPesoSpentInUruguayMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_ChileanPesoSpentInChileMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_ChileanPesoSpentInChileMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_BarbadianDollarSpentInBarbadosMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_BarbadianDollarSpentInBarbadosMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>86
<FILENAME>R72.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447901904">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Major Property, Plant and Equipment (Details)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentUsefulLifes', window );">Property, plant and equipment, useful life</a></td>
<td class="text">25 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_PlantAndEquipmentMember', window );">Plant And Equipment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentUsefulLifes', window );">Property, plant and equipment, useful life</a></td>
<td class="text">15 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_FixturesMember', window );">Fixtures [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentUsefulLifes', window );">Property, plant and equipment, useful life</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_FittingsMember', window );">Fittings [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentUsefulLifes', window );">Property, plant and equipment, useful life</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_ExternalUseAssetsCommercialAssetsMember', window );">External Use Assets Commercial Assets [Member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentUsefulLifes', window );">Property, plant and equipment, useful life</a></td>
<td class="text">2 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_ExternalUseAssetsCommercialAssetsMember', window );">External Use Assets Commercial Assets [Member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentUsefulLifes', window );">Property, plant and equipment, useful life</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PropertyPlantAndEquipmentUsefulLifes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PropertyPlantAndEquipmentUsefulLifes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_PlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_PlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_FixturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_FixturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_FittingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_FittingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_ExternalUseAssetsCommercialAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_ExternalUseAssetsCommercialAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>87
<FILENAME>R73.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455772512">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2022 </div>
<div>USD ($)</div>
</th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SummaryOfSignificantAccountingPoliciesAbstract', window );"><strong>Summary Of Significant Accounting Policies</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1', window );">Lease term</a></td>
<td class="text">12 months<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Right of use asset</a></td>
<td class="nump">$ 5,000.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_SummaryOfSignificantAccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_SummaryOfSignificantAccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 53<br> -Subparagraph j<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Period remaining on lease and concession for oil and gas undeveloped acreage, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher SEC<br> -Name Regulation S-K (SK)<br> -Number 229<br> -Section 1208<br> -Paragraph (b)<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>88
<FILENAME>R74.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131423105968">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>SEGMENT REPORTING  - Reportable Segments (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 79,708.8<span></span>
</td>
<td class="nump">R$ 72,854.3<span></span>
</td>
<td class="nump">R$ 58,379.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(40,422.1)<span></span>
</td>
<td class="num">(35,659.7)<span></span>
</td>
<td class="num">(27,066.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">39,286.7<span></span>
</td>
<td class="nump">37,194.6<span></span>
</td>
<td class="nump">31,312.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,395.3)<span></span>
</td>
<td class="num">(9,932.7)<span></span>
</td>
<td class="num">(8,245.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,337.4)<span></span>
</td>
<td class="num">(7,035.5)<span></span>
</td>
<td class="num">(6,374.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,236.8)<span></span>
</td>
<td class="num">(4,877.4)<span></span>
</td>
<td class="num">(2,948.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,513.9<span></span>
</td>
<td class="nump">2,124.1<span></span>
</td>
<td class="nump">2,679.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(143.3)<span></span>
</td>
<td class="num">(392.8)<span></span>
</td>
<td class="num">(452.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17,687.8<span></span>
</td>
<td class="nump">17,080.3<span></span>
</td>
<td class="nump">15,972.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,423.1)<span></span>
</td>
<td class="num">(3,205.4)<span></span>
</td>
<td class="num">(2,434.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(29.1)<span></span>
</td>
<td class="num">(115.7)<span></span>
</td>
<td class="num">(43.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,235.6<span></span>
</td>
<td class="nump">13,759.2<span></span>
</td>
<td class="nump">13,494.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">655.6<span></span>
</td>
<td class="num">(636.6)<span></span>
</td>
<td class="num">(1,762.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,891.2<span></span>
</td>
<td class="nump">13,122.6<span></span>
</td>
<td class="nump">11,731.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDA', window );">EBITDA&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">23,615.0<span></span>
</td>
<td class="nump">22,361.3<span></span>
</td>
<td class="nump">21,096.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (5,956.3)<span></span>
</td>
<td class="num">R$ (5,396.7)<span></span>
</td>
<td class="num">R$ (5,167.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDAMarginInPercentage', window );">EBITDA margin as a %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">29.60%<span></span>
</td>
<td class="nump">30.70%<span></span>
</td>
<td class="nump">36.10%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 6,533.1<span></span>
</td>
<td class="nump">R$ 7,677.1<span></span>
</td>
<td class="nump">R$ 4,692.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">137,958.0<span></span>
</td>
<td class="nump">138,602.5<span></span>
</td>
<td class="nump">125,196.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">137,958.0<span></span>
</td>
<td class="nump">138,602.5<span></span>
</td>
<td class="nump">125,196.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operating segments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">110,877.2<span></span>
</td>
<td class="nump">109,560.9<span></span>
</td>
<td class="nump">96,190.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">46,148.5<span></span>
</td>
<td class="nump">47,025.7<span></span>
</td>
<td class="nump">40,559.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Elimination of intersegment amounts [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,533.0)<span></span>
</td>
<td class="num">(2,868.5)<span></span>
</td>
<td class="num">(2,187.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,534.2)<span></span>
</td>
<td class="num">(2,869.1)<span></span>
</td>
<td class="num">(2,187.4)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_UnallocatedAmountsMember', window );">Unallocated amounts [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">29,613.8<span></span>
</td>
<td class="nump">31,910.1<span></span>
</td>
<td class="nump">31,193.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">94,343.7<span></span>
</td>
<td class="nump">94,445.9<span></span>
</td>
<td class="nump">86,823.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_Brazil1Member', window );">Brazil 1 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">42,635.8<span></span>
</td>
<td class="nump">35,586.5<span></span>
</td>
<td class="nump">30,196.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(22,736.8)<span></span>
</td>
<td class="num">(18,309.1)<span></span>
</td>
<td class="num">(14,112.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,899.0<span></span>
</td>
<td class="nump">17,277.4<span></span>
</td>
<td class="nump">16,083.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,111.1)<span></span>
</td>
<td class="num">(5,123.1)<span></span>
</td>
<td class="num">(4,241.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,065.0)<span></span>
</td>
<td class="num">(3,440.3)<span></span>
</td>
<td class="num">(3,444.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,346.0)<span></span>
</td>
<td class="num">(3,006.2)<span></span>
</td>
<td class="num">(1,629.6)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,361.3<span></span>
</td>
<td class="nump">2,096.0<span></span>
</td>
<td class="nump">2,887.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(34.5)<span></span>
</td>
<td class="num">(210.1)<span></span>
</td>
<td class="num">(173.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,703.7<span></span>
</td>
<td class="nump">7,593.7<span></span>
</td>
<td class="nump">9,481.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,110.3)<span></span>
</td>
<td class="num">(858.1)<span></span>
</td>
<td class="num">(663.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(38.3)<span></span>
</td>
<td class="num">(11.7)<span></span>
</td>
<td class="num">(7.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,555.1<span></span>
</td>
<td class="nump">6,723.9<span></span>
</td>
<td class="nump">8,810.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,787.7<span></span>
</td>
<td class="nump">1,953.2<span></span>
</td>
<td class="num">(203.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,342.8<span></span>
</td>
<td class="nump">8,677.1<span></span>
</td>
<td class="nump">8,607.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDA', window );">EBITDA&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">12,028.8<span></span>
</td>
<td class="nump">10,564.3<span></span>
</td>
<td class="nump">12,388.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (3,363.4)<span></span>
</td>
<td class="num">R$ (2,982.3)<span></span>
</td>
<td class="num">R$ (2,914.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDAMarginInPercentage', window );">EBITDA margin as a %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">28.20%<span></span>
</td>
<td class="nump">29.70%<span></span>
</td>
<td class="nump">41.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 4,062.9<span></span>
</td>
<td class="nump">R$ 4,645.1<span></span>
</td>
<td class="nump">R$ 3,114.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_Brazil1Member', window );">Brazil 1 [Member] | Beer [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35,857.9<span></span>
</td>
<td class="nump">30,537.1<span></span>
</td>
<td class="nump">25,953.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(18,765.3)<span></span>
</td>
<td class="num">(15,382.0)<span></span>
</td>
<td class="num">(11,941.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17,092.6<span></span>
</td>
<td class="nump">15,155.1<span></span>
</td>
<td class="nump">14,011.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,988.6)<span></span>
</td>
<td class="num">(4,263.1)<span></span>
</td>
<td class="num">(3,529.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,596.8)<span></span>
</td>
<td class="num">(3,096.2)<span></span>
</td>
<td class="num">(3,008.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,928.8)<span></span>
</td>
<td class="num">(2,616.1)<span></span>
</td>
<td class="num">(1,395.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,884.5<span></span>
</td>
<td class="nump">1,711.3<span></span>
</td>
<td class="nump">2,380.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(30.6)<span></span>
</td>
<td class="num">(202.0)<span></span>
</td>
<td class="num">(173.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,432.3<span></span>
</td>
<td class="nump">6,689.0<span></span>
</td>
<td class="nump">8,284.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,110.3)<span></span>
</td>
<td class="num">(858.1)<span></span>
</td>
<td class="num">(663.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(38.3)<span></span>
</td>
<td class="num">(11.7)<span></span>
</td>
<td class="num">(7.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,283.7<span></span>
</td>
<td class="nump">5,819.2<span></span>
</td>
<td class="nump">7,613.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,787.7<span></span>
</td>
<td class="nump">1,953.2<span></span>
</td>
<td class="num">(203.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,071.4<span></span>
</td>
<td class="nump">7,772.4<span></span>
</td>
<td class="nump">7,410.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDA', window );">EBITDA&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">10,332.9<span></span>
</td>
<td class="nump">9,302.4<span></span>
</td>
<td class="nump">10,830.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (2,938.9)<span></span>
</td>
<td class="num">R$ (2,625.1)<span></span>
</td>
<td class="num">R$ (2,553.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDAMarginInPercentage', window );">EBITDA margin as a %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">28.80%<span></span>
</td>
<td class="nump">30.50%<span></span>
</td>
<td class="nump">41.70%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_Brazil1Member', window );">Brazil 1 [Member] | N A B [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 6,777.9<span></span>
</td>
<td class="nump">R$ 5,049.4<span></span>
</td>
<td class="nump">R$ 4,243.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,971.5)<span></span>
</td>
<td class="num">(2,927.1)<span></span>
</td>
<td class="num">(2,171.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,806.4<span></span>
</td>
<td class="nump">2,122.3<span></span>
</td>
<td class="nump">2,072.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,122.5)<span></span>
</td>
<td class="num">(860.0)<span></span>
</td>
<td class="num">(712.7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(468.2)<span></span>
</td>
<td class="num">(344.1)<span></span>
</td>
<td class="num">(435.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(417.2)<span></span>
</td>
<td class="num">(390.1)<span></span>
</td>
<td class="num">(234.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">476.8<span></span>
</td>
<td class="nump">384.7<span></span>
</td>
<td class="nump">506.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3.9)<span></span>
</td>
<td class="num">(8.1)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,271.4<span></span>
</td>
<td class="nump">904.7<span></span>
</td>
<td class="nump">1,196.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,271.4<span></span>
</td>
<td class="nump">904.7<span></span>
</td>
<td class="nump">1,196.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,271.4<span></span>
</td>
<td class="nump">904.7<span></span>
</td>
<td class="nump">1,196.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDA', window );">EBITDA&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,695.9<span></span>
</td>
<td class="nump">1,261.9<span></span>
</td>
<td class="nump">1,557.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (424.5)<span></span>
</td>
<td class="num">R$ (357.2)<span></span>
</td>
<td class="num">R$ (361.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDAMarginInPercentage', window );">EBITDA margin as a %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">25.00%<span></span>
</td>
<td class="nump">25.00%<span></span>
</td>
<td class="nump">36.70%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_Brazil1Member', window );">Brazil 1 [Member] | Operating segments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 57,353.8<span></span>
</td>
<td class="nump">R$ 54,609.4<span></span>
</td>
<td class="nump">R$ 48,970.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">29,153.2<span></span>
</td>
<td class="nump">27,611.2<span></span>
</td>
<td class="nump">25,032.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_CACMember', window );">C A C [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">9,440.1<span></span>
</td>
<td class="nump">9,947.4<span></span>
</td>
<td class="nump">7,319.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(4,860.8)<span></span>
</td>
<td class="num">(4,727.9)<span></span>
</td>
<td class="num">(3,307.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">4,579.3<span></span>
</td>
<td class="nump">5,219.5<span></span>
</td>
<td class="nump">4,011.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(1,020.7)<span></span>
</td>
<td class="num">(872.7)<span></span>
</td>
<td class="num">(751.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(645.5)<span></span>
</td>
<td class="num">(693.3)<span></span>
</td>
<td class="num">(542.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(333.6)<span></span>
</td>
<td class="num">(427.7)<span></span>
</td>
<td class="num">(305.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(52.9)<span></span>
</td>
<td class="nump">12.4<span></span>
</td>
<td class="num">(23.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(16.1)<span></span>
</td>
<td class="num">(46.7)<span></span>
</td>
<td class="num">(70.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,510.5<span></span>
</td>
<td class="nump">3,191.5<span></span>
</td>
<td class="nump">2,318.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(50.0)<span></span>
</td>
<td class="num">(80.1)<span></span>
</td>
<td class="nump">9.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0.1<span></span>
</td>
<td class="num">(79.7)<span></span>
</td>
<td class="num">(4.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,460.6<span></span>
</td>
<td class="nump">3,031.7<span></span>
</td>
<td class="nump">2,323.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(771.2)<span></span>
</td>
<td class="num">(1,301.7)<span></span>
</td>
<td class="num">(713.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,689.4<span></span>
</td>
<td class="nump">1,730.0<span></span>
</td>
<td class="nump">1,610.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDA', window );">EBITDA&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">3,315.6<span></span>
</td>
<td class="nump">3,789.2<span></span>
</td>
<td class="nump">2,995.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">R$ (805.0)<span></span>
</td>
<td class="num">R$ (677.4)<span></span>
</td>
<td class="num">R$ (681.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDAMarginInPercentage', window );">EBITDA margin as a %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">35.10%<span></span>
</td>
<td class="nump">38.10%<span></span>
</td>
<td class="nump">40.90%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">R$ 968.4<span></span>
</td>
<td class="nump">R$ 801.6<span></span>
</td>
<td class="nump">R$ 492.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_CACMember', window );">C A C [Member] | Operating segments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,385.6<span></span>
</td>
<td class="nump">15,351.9<span></span>
</td>
<td class="nump">13,521.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,098.0<span></span>
</td>
<td class="nump">5,414.4<span></span>
</td>
<td class="nump">4,114.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_SouthLatinAmericaSegmentMember', window );">South Latin America Segment [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">17,371.2<span></span>
</td>
<td class="nump">16,571.7<span></span>
</td>
<td class="nump">11,560.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(8,553.1)<span></span>
</td>
<td class="num">(8,235.7)<span></span>
</td>
<td class="num">(5,937.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">8,818.1<span></span>
</td>
<td class="nump">8,336.0<span></span>
</td>
<td class="nump">5,623.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(2,159.5)<span></span>
</td>
<td class="num">(2,010.1)<span></span>
</td>
<td class="num">(1,492.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(1,426.9)<span></span>
</td>
<td class="num">(1,542.9)<span></span>
</td>
<td class="num">(1,165.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(835.0)<span></span>
</td>
<td class="num">(832.0)<span></span>
</td>
<td class="num">(574.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">192.7<span></span>
</td>
<td class="nump">38.8<span></span>
</td>
<td class="num">(159.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(60.5)<span></span>
</td>
<td class="num">(115.4)<span></span>
</td>
<td class="num">(145.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">4,528.9<span></span>
</td>
<td class="nump">3,874.4<span></span>
</td>
<td class="nump">2,084.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(1,933.2)<span></span>
</td>
<td class="num">(2,177.8)<span></span>
</td>
<td class="num">(1,731.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">2,595.7<span></span>
</td>
<td class="nump">1,696.6<span></span>
</td>
<td class="nump">353.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(672.9)<span></span>
</td>
<td class="num">(509.4)<span></span>
</td>
<td class="num">(118.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">1,922.8<span></span>
</td>
<td class="nump">1,187.2<span></span>
</td>
<td class="nump">234.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDA', window );">EBITDA&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[4]</sup></td>
<td class="nump">5,725.4<span></span>
</td>
<td class="nump">5,071.4<span></span>
</td>
<td class="nump">3,182.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">R$ (1,196.5)<span></span>
</td>
<td class="num">R$ (1,197.0)<span></span>
</td>
<td class="num">R$ (1,098.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDAMarginInPercentage', window );">EBITDA margin as a %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[4]</sup></td>
<td class="nump">33.00%<span></span>
</td>
<td class="nump">30.60%<span></span>
</td>
<td class="nump">27.50%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">R$ 1,112.8<span></span>
</td>
<td class="nump">R$ 1,665.4<span></span>
</td>
<td class="nump">R$ 621.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_SouthLatinAmericaSegmentMember', window );">South Latin America Segment [Member] | Operating segments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,044.5<span></span>
</td>
<td class="nump">21,583.0<span></span>
</td>
<td class="nump">17,211.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,843.6<span></span>
</td>
<td class="nump">7,843.6<span></span>
</td>
<td class="nump">5,156.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_CanadaSegmentMember', window );">Canada Segment [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromContractsWithCustomers', window );">Net sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,261.7<span></span>
</td>
<td class="nump">10,748.7<span></span>
</td>
<td class="nump">9,302.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,271.4)<span></span>
</td>
<td class="num">(4,387.0)<span></span>
</td>
<td class="num">(3,708.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,990.3<span></span>
</td>
<td class="nump">6,361.7<span></span>
</td>
<td class="nump">5,594.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DistributionCosts', window );">Distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,104.0)<span></span>
</td>
<td class="num">(1,926.8)<span></span>
</td>
<td class="num">(1,758.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,200.0)<span></span>
</td>
<td class="num">(1,359.0)<span></span>
</td>
<td class="num">(1,222.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">Administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(722.2)<span></span>
</td>
<td class="num">(611.5)<span></span>
</td>
<td class="num">(439.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income/(expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12.8<span></span>
</td>
<td class="num">(23.1)<span></span>
</td>
<td class="num">(24.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">Exceptional items</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(32.2)<span></span>
</td>
<td class="num">(20.6)<span></span>
</td>
<td class="num">(62.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,944.7<span></span>
</td>
<td class="nump">2,420.7<span></span>
</td>
<td class="nump">2,087.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Net finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(329.6)<span></span>
</td>
<td class="num">(89.4)<span></span>
</td>
<td class="num">(49.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod', window );">Share of results of joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9.1<span></span>
</td>
<td class="num">(24.3)<span></span>
</td>
<td class="num">(31.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,624.2<span></span>
</td>
<td class="nump">2,307.0<span></span>
</td>
<td class="nump">2,007.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(688.0)<span></span>
</td>
<td class="num">(778.7)<span></span>
</td>
<td class="num">(727.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">936.2<span></span>
</td>
<td class="nump">1,528.3<span></span>
</td>
<td class="nump">1,279.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDA', window );">EBITDA&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2,545.2<span></span>
</td>
<td class="nump">2,936.4<span></span>
</td>
<td class="nump">2,529.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss', window );">Depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (591.4)<span></span>
</td>
<td class="num">R$ (540.0)<span></span>
</td>
<td class="num">R$ (473.6)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NormalizedEBITDAMarginInPercentage', window );">EBITDA margin as a %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">24.80%<span></span>
</td>
<td class="nump">27.30%<span></span>
</td>
<td class="nump">27.20%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisition of property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 389.0<span></span>
</td>
<td class="nump">R$ 565.0<span></span>
</td>
<td class="nump">R$ 463.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=abev_CanadaSegmentMember', window );">Canada Segment [Member] | Operating segments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,093.3<span></span>
</td>
<td class="nump">18,016.6<span></span>
</td>
<td class="nump">16,487.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 5,053.7<span></span>
</td>
<td class="nump">R$ 6,156.5<span></span>
</td>
<td class="nump">R$ 6,256.6<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">CAC: includes the Dominican Republic, Panama, Guatemala, Cuba, Barbados, Saint Vincent, Dominica, Nicaragua, Honduras and Antigua.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ExceptionalItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ExceptionalItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NormalizedEBITDA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recognized for normalized earnings before interest, taxes, depreciation and amortization.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NormalizedEBITDA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NormalizedEBITDAMarginInPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of the normalized earning before before interest, taxes, depreciation and amortization.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NormalizedEBITDAMarginInPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for depreciation and amortisation expense and impairment loss (reversal of impairment loss) to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Impairment loss; Depreciation and amortisation expense; Impairment loss (reversal of impairment loss) recognised in profit or loss; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DistributionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to the distribution of goods and services.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DistributionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2022-03-24<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 18<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2022-03-24<br> -Paragraph 39L<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2022-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2023-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2022-03-24<br> -Paragraph 113<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2022-03-24<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2022-03-24<br> -Paragraph IE33<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 16<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromContractsWithCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue from contracts with customers. A customer is a party that has contracted with an entity to obtain goods or services that are an output of the entity&#8217;s ordinary activities in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2022-03-24<br> -Paragraph 114<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_114&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2022-03-24<br> -Paragraph 113<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=15&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_113_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromContractsWithCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of joint ventures accounted for using the equity method. [Refer: Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_UnallocatedAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_UnallocatedAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=abev_Brazil1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=abev_Brazil1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProductsAndServicesAxis=abev_BeerMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProductsAndServicesAxis=abev_BeerMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProductsAndServicesAxis=abev_NABMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProductsAndServicesAxis=abev_NABMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=abev_CACMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=abev_CACMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=abev_SouthLatinAmericaSegmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=abev_SouthLatinAmericaSegmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=abev_CanadaSegmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=abev_CanadaSegmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>89
<FILENAME>R75.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448478320">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>NET SALES - Reconciliation Between Gross Sales and Net Sales (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetSalesAbstract', window );"><strong>Net Sales</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoods', window );">Gross sales and/or services</a></td>
<td class="nump">R$ 125,907.2<span></span>
</td>
<td class="nump">R$ 110,162.7<span></span>
</td>
<td class="nump">R$ 85,221.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense', window );">Excise duty</a></td>
<td class="num">(24,851.4)<span></span>
</td>
<td class="num">(22,052.6)<span></span>
</td>
<td class="num">(18,259.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesDiscounts', window );">Discounts</a></td>
<td class="num">(21,347.0)<span></span>
</td>
<td class="num">(15,255.8)<span></span>
</td>
<td class="num">(8,582.5)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Total&#160;</a></td>
<td class="nump">R$ 79,708.8<span></span>
</td>
<td class="nump">R$ 72,854.3<span></span>
</td>
<td class="nump">R$ 58,379.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NetSalesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NetSalesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_SalesDiscounts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of the sales discounts recorded during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_SalesDiscounts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 33<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2022-03-24<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 82<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 10: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 103<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromSaleOfGoods">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from the sale of goods. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromSaleOfGoods</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxExpenseOtherThanIncomeTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense exclusive of income tax expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxExpenseOtherThanIncomeTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>90
<FILENAME>R76.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446144592">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>NET SALES (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetSalesAbstract', window );"><strong>Net Sales</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeductionOfRevenue', window );">Fiscal incentives</a></td>
<td class="nump">R$ 1,245.8<span></span>
</td>
<td class="nump">R$ 1,048.3<span></span>
</td>
<td class="nump">R$ 1,036.7<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DeductionOfRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DeductionOfRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NetSalesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NetSalesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>91
<FILENAME>R77.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447866816">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>OTHER OPERATING INCOME/(EXPENSES) (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherOperatingIncomeExpensesAbstract', window );"><strong>Other Operating Incomeexpenses</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromGovernmentGrants', window );">Government grants/net present value of long-term fiscal incentives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,289.3<span></span>
</td>
<td class="nump">R$ 853.2<span></span>
</td>
<td class="nump">R$ 735.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExtemporaneousCreditsDebits', window );">Extemporaneous credits/(debits)&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,013.9<span></span>
</td>
<td class="nump">1,219.0<span></span>
</td>
<td class="nump">2,121.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForProvisions', window );">(Additions)/reversals of provisions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(77.2)<span></span>
</td>
<td class="num">(71.4)<span></span>
</td>
<td class="num">(70.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment', window );">Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">88.8<span></span>
</td>
<td class="nump">66.1<span></span>
</td>
<td class="nump">27.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherPortionsOfOtherOperatingIncomeExpense', window );">Other operating income/(expenses), net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">199.1<span></span>
</td>
<td class="nump">57.2<span></span>
</td>
<td class="num">(134.9)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Total&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,513.9<span></span>
</td>
<td class="nump">R$ 2,124.1<span></span>
</td>
<td class="nump">R$ 2,679.4<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">As detailed in Note 30 &#8211; <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS
from its calculation basis, in the item Other operating income/(expenses).</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ExtemporaneousCreditsDebits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of extemporaneous credits (debits).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ExtemporaneousCreditsDebits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherOperatingIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherOperatingIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherPortionsOfOtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherPortionsOfOtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provisions to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Provisions; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on disposals of property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 98<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_98_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnDisposalsOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromGovernmentGrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income recognised in relation to government grants. [Refer: Government grants]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 20<br> -IssueDate 2022-03-24<br> -Paragraph 39<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=20&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_39_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromGovernmentGrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>92
<FILENAME>R78.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449735728">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>EXCEPTIONAL ITEMS - Exceptional Items Included in the Income Statement (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureExceptionalItemsAbstract', window );"><strong>Exceptional Items</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BusinessCombinationsCosts', window );">Costs arising from business combinations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 0.0<span></span>
</td>
<td class="nump">R$ 0.0<span></span>
</td>
<td class="num">R$ (18.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_Covid19ImpactExpense', window );">COVID-19 impacts&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(16.7)<span></span>
</td>
<td class="num">(134.3)<span></span>
</td>
<td class="num">(263.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExpenseOfRestructuringActivities', window );">Restructuring&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(101.8)<span></span>
</td>
<td class="num">(165.4)<span></span>
</td>
<td class="num">(146.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnNetMonetaryPosition', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(8.2)<span></span>
</td>
<td class="num">(11.1)<span></span>
</td>
<td class="num">(9.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProductRecallExpense', window );">Stella Recall&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
<td class="num">(14.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DistributionAgreement', window );">Distribution agreement&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0.0<span></span>
</td>
<td class="num">(82.0)<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_WriteoffOfInvestmentsiv', window );">Write-off of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(16.6)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExceptionalItems', window );">&#160;Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (143.3)<span></span>
</td>
<td class="num">R$ (392.8)<span></span>
</td>
<td class="num">R$ (452.0)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of the Company&#8217;s people (increased frequency
of cleaning at the Company&#8217;s facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives
providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">The restructuring expenses primarily related to centralized projects and resizing in the Latin America CAC and Brazil.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Refers to distribution agreement with our strategic partner in Guatemala.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Refers to an investment write-off of a business line in Canada.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_BusinessCombinationsCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of business combination associated costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_BusinessCombinationsCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_Covid19ImpactExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense from the impact of COVID-19.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_Covid19ImpactExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureExceptionalItemsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureExceptionalItemsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DistributionAgreement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents distribution agreement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DistributionAgreement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ExceptionalItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ExceptionalItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProductRecallExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense from product recalls.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProductRecallExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_WriteoffOfInvestmentsiv">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_WriteoffOfInvestmentsiv</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseOfRestructuringActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to restructuring. Restructuring is a programme that is planned and controlled by management and materially changes either the scope of a business undertaken by an entity or the manner in which that business is conducted. Such programmes include: (a) the sale or termination of a line of business; (b) closure of business locations in a country or region or the relocation of activities from one country or region to another; (c) changes in management structure; and (d) fundamental reorganisations that have a material effect on the nature and focus of the entity's operations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 98<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_98_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseOfRestructuringActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnNetMonetaryPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) representing the difference resulting from the restatement of non-monetary assets, owners' equity and items in the statement of comprehensive income and the adjustment of index linked assets and liabilities in hyperinflationary reporting.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 29<br> -IssueDate 2022-03-24<br> -Paragraph 9<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=29&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_9&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnNetMonetaryPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>93
<FILENAME>R79.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131423097456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PAYROLL AND RELATED BENEFITS - Schedule of Payroll and Related Benefits (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosurePayrollAndRelatedBenefitsAbstract', window );"><strong>Payroll And Related Benefits</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WagesAndSalaries', window );">Wages and salaries</a></td>
<td class="nump">R$ 4,496.1<span></span>
</td>
<td class="nump">R$ 4,162.6<span></span>
</td>
<td class="nump">R$ 3,736.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SocialSecurityContributions', window );">Social security contributions</a></td>
<td class="nump">1,239.7<span></span>
</td>
<td class="nump">1,016.0<span></span>
</td>
<td class="nump">851.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherEmployeeExpense', window );">Other personnel costs</a></td>
<td class="nump">1,075.9<span></span>
</td>
<td class="nump">1,076.1<span></span>
</td>
<td class="nump">836.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Increase in liabilities for defined benefit plans</a></td>
<td class="nump">157.8<span></span>
</td>
<td class="nump">178.2<span></span>
</td>
<td class="nump">131.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees', window );">Share-based payments</a></td>
<td class="nump">311.6<span></span>
</td>
<td class="nump">391.5<span></span>
</td>
<td class="nump">223.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans', window );">Contributions to defined contribution plans</a></td>
<td class="nump">82.0<span></span>
</td>
<td class="nump">74.1<span></span>
</td>
<td class="nump">61.1<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">&#160;Total</a></td>
<td class="nump">R$ 7,363.1<span></span>
</td>
<td class="nump">R$ 6,898.5<span></span>
</td>
<td class="nump">R$ 5,840.6<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosurePayrollAndRelatedBenefitsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosurePayrollAndRelatedBenefitsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EmployeeBenefitsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expense of all forms of consideration given by an entity in exchange for a service rendered by employees or for the termination of employment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 104<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EmployeeBenefitsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense from share-based payment transactions with employees. [Refer: Expense from share-based payment transactions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherEmployeeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of employee expenses that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 5<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_5&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherEmployeeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit expense included in profit or loss relating to defined benefit plans. [Refer: Profit (loss); Defined benefit plans [member]] [Contrast: Increase (decrease) in net defined benefit liability (asset) resulting from expense (income) in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 5<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_5&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit expense relating to defined contribution plans. Defined contribution plans are post-employment benefit plans under which an entity pays fixed contributions into a separate entity (a fund) and will have no legal or constructive obligation to pay further contributions if the fund does not hold sufficient assets to pay all employee benefits relating to employee service in the current and prior periods.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 53<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_53&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SocialSecurityContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A class of employee benefits expense that represents social security contributions. [Refer: Employee benefits expense]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 9<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_9&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SocialSecurityContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WagesAndSalaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A class of employee benefits expense that represents wages and salaries. [Refer: Employee benefits expense]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 9<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_9&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WagesAndSalaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447923504">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PAYROLL AND RELATED BENEFITS - Payroll and Related Benefits Income Statement Presentation (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosurePayrollAndRelatedBenefitsAbstract', window );"><strong>Payroll And Related Benefits</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseCostOfSales', window );">Cost&#160;of&#160;sales</a></td>
<td class="nump">R$ 2,510.4<span></span>
</td>
<td class="nump">R$ 2,247.9<span></span>
</td>
<td class="nump">R$ 2,175.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseDistributionExpenses', window );">Distribution&#160;expenses</a></td>
<td class="nump">1,396.3<span></span>
</td>
<td class="nump">1,286.8<span></span>
</td>
<td class="nump">1,130.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses', window );">Sales&#160;and&#160;marketing&#160;expenses</a></td>
<td class="nump">1,504.8<span></span>
</td>
<td class="nump">1,480.9<span></span>
</td>
<td class="nump">1,333.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseAdministrativeExpenses', window );">Administrative&#160;expenses</a></td>
<td class="nump">1,798.7<span></span>
</td>
<td class="nump">1,699.1<span></span>
</td>
<td class="nump">1,089.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseNetFinanceCosts', window );">Net&#160;finance&#160;costs</a></td>
<td class="nump">107.8<span></span>
</td>
<td class="nump">115.6<span></span>
</td>
<td class="nump">44.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense', window );">Other&#160;operating&#160;(income)/expenses,&#160;net</a></td>
<td class="nump">1.5<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">2.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseExceptionalItems', window );">Exceptional&#160;items</a></td>
<td class="nump">43.6<span></span>
</td>
<td class="nump">68.2<span></span>
</td>
<td class="nump">65.9<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EmployeeBenefitsExpense', window );">&#160;Total</a></td>
<td class="nump">R$ 7,363.1<span></span>
</td>
<td class="nump">R$ 6,898.5<span></span>
</td>
<td class="nump">R$ 5,840.6<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosurePayrollAndRelatedBenefitsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosurePayrollAndRelatedBenefitsAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseAdministrativeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of employee benefits expense allocated to administrative expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseAdministrativeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseCostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of employee benefits expense allocated to cost of sales.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseCostOfSales</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseDistributionExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of employee benefits expense allocated to distribution expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseDistributionExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseExceptionalItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of employee benefits expense allocated to exceptional items.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseExceptionalItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseNetFinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of employee benefits expense allocated to net finance costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseNetFinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other income (expense) for employee benefits expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseOtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of employee benefits expense allocated to sales and marketing expenses.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseSalesAndMarketingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EmployeeBenefitsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expense of all forms of consideration given by an entity in exchange for a service rendered by employees or for the termination of employment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 102<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 99<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 104<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EmployeeBenefitsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>95
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447931216">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE - Depreciation, Amortization and Impairment Expenses (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract', window );"><strong>Additional Information On Cost Of Sales And Operating Expenses By Nature</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationExpenseCostOfSales', window );">Depreciation and impairment of property, plant and equipment, cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 3,413.3<span></span>
</td>
<td class="nump">R$ 3,326.6<span></span>
</td>
<td class="nump">R$ 2,980.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AmortisationExpenseCostOfSales', window );">Amortization of intangible assets, cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">16.4<span></span>
</td>
<td class="nump">16.4<span></span>
</td>
<td class="nump">15.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationExpenseDistributionExpenses', window );">Depreciation and impairment of property, plant and equipment, distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">893.5<span></span>
</td>
<td class="nump">654.1<span></span>
</td>
<td class="nump">441.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AmortisationExpenseDistributionExpenses', window );">Amortization of intangible assets, distribution expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationExpenseSalesAndMarketingExpenses', window );">Depreciation and impairment of property, plant and equipment, sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">660.7<span></span>
</td>
<td class="nump">700.3<span></span>
</td>
<td class="nump">787.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AmortisationExpenseSalesAndMarketingExpenses', window );">Amortization of intangible assets, sales and marketing expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">113.2<span></span>
</td>
<td class="nump">84.3<span></span>
</td>
<td class="nump">219.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationExpenseAdministrativeExpenses', window );">Depreciation and impairment of property, plant and equipment, administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">474.4<span></span>
</td>
<td class="nump">331.4<span></span>
</td>
<td class="nump">453.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AmortisationExpenseAdministrativeExpenses', window );">Amortization of intangible assets, administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">372.6<span></span>
</td>
<td class="nump">304.2<span></span>
</td>
<td class="nump">276.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DepreciationExpense', window );">Depreciation and impairment of property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,441.9<span></span>
</td>
<td class="nump">5,012.4<span></span>
</td>
<td class="nump">4,663.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationExpense', window );">Amortization of intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">502.2<span></span>
</td>
<td class="nump">404.9<span></span>
</td>
<td class="nump">511.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsExpenseCostOfSales', window );">Employee benefits expense, cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,510.4<span></span>
</td>
<td class="nump">2,247.9<span></span>
</td>
<td class="nump">2,175.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment', window );">Total cost of sales, employee benefit expenses, depreciation, amortization and impairment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,940.1<span></span>
</td>
<td class="nump">5,591.0<span></span>
</td>
<td class="nump">5,171.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CostOfSalesProductionCosts', window );">Cost of sales, production costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 34,482.0<span></span>
</td>
<td class="nump">R$ 30,068.7<span></span>
</td>
<td class="nump">R$ 21,894.9<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">These amounts added to R$<span id="xdx_904_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20220101__20221231_zCUsL0PYarpa" title="Employee benefits expense, cost of sales">2,510.4</span>
  (R$<span id="xdx_90D_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20210101__20211231_zw2Ip74Sq04a" title="Employee benefits expense, cost of sales">2,247.9</span>
  and R$<span id="xdx_90A_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20200101__20201231_z0ZyU5KhKet5" title="Employee benefits expense, cost of sales">2,175.1</span>
  as at December 31, 2021 and 2020, respectively) mentioned in Note 9 - <i>Payroll and related benefits</i>, total R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20221231_zaY3rCCItVKa" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,940.1</span>
  (R$<span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn6n6_c20211231_z8XPRJAljUY8" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,591.0</span>
  and R$<span id="xdx_90E_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20201231_zrEO8lgLUsuc" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,171.2</span>
  as at December 31, 2021 and 2020, respectively). The remaining amount of R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20220101__20221231_zfmLS1hCSxJa" title="Cost of sales, production costs">34,482.0</span>
  (R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20210101__20211231_z4WAqcIq3Mca" title="Cost of sales, production costs">30,068.7</span>
  and R$<span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20200101__20201231_z1uSCvjzKjs7" title="Cost of sales, production costs">21,894.9</span>
  as at December 31, 2021 and 2020, respectively), recorded in the cost of sales, refers to other production costs.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdditionalInformationOnCostOfSalesAndOperatingExpensesByNatureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AmortisationExpenseAdministrativeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation expense allocated to administrative expenses. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AmortisationExpenseAdministrativeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AmortisationExpenseCostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation expense allocated to cost of sales. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AmortisationExpenseCostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AmortisationExpenseDistributionExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation expense allocated to distribution expenses. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AmortisationExpenseDistributionExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AmortisationExpenseSalesAndMarketingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation expense allocated to sales and marketing expenses. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AmortisationExpenseSalesAndMarketingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CostOfSalesProductionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The production costs related to cost of sales.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CostOfSalesProductionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DepreciationExpenseAdministrativeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense allocated to administrative expenses. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DepreciationExpenseAdministrativeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DepreciationExpenseCostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense allocated to cost of sales. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DepreciationExpenseCostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DepreciationExpenseDistributionExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense allocated to distribution expenses. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DepreciationExpenseDistributionExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DepreciationExpenseSalesAndMarketingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense allocated to sales and marketing expenses. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DepreciationExpenseSalesAndMarketingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsExpenseCostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The portion of employee benefits expense allocated to cost of sales.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsExpenseCostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total amount of cost of sales, employee benefit expenses, depreciation, amortization and impairment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation expense. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation expense. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>96
<FILENAME>R82.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<head>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448116192">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCE EXPENSES AND INCOME - Finance Costs (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinanceExpensesAndIncomeAbstract', window );"><strong>Finance Expenses And Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpense', window );">Interest expense</a></td>
<td class="num">R$ (2,328.3)<span></span>
</td>
<td class="num">R$ (1,431.8)<span></span>
</td>
<td class="num">R$ (1,786.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetInterestOnPensionPlans', window );">Net Interest on pension plans</a></td>
<td class="num">(107.9)<span></span>
</td>
<td class="num">(115.6)<span></span>
</td>
<td class="num">(117.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Losses on hedging instruments</a></td>
<td class="num">(3,158.4)<span></span>
</td>
<td class="num">(2,540.2)<span></span>
</td>
<td class="num">(1,919.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnProvisionForContingencies', window );">Interest on provision for disputes and litigation</a></td>
<td class="num">(456.6)<span></span>
</td>
<td class="num">(290.0)<span></span>
</td>
<td class="num">(208.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetForeignExchangeLoss', window );">Exchange variations</a></td>
<td class="num">(751.1)<span></span>
</td>
<td class="num">(453.9)<span></span>
</td>
<td class="num">(706.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustmentInFairValueOfFinancialInstruments', window );">Financial instruments at fair value through profit or loss</a></td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
<td class="num">(4.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate', window );">Tax on financial transactions</a></td>
<td class="num">(339.6)<span></span>
</td>
<td class="num">(216.6)<span></span>
</td>
<td class="num">(335.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankAndSimilarCharges', window );">Bank guarantee expenses</a></td>
<td class="num">(176.1)<span></span>
</td>
<td class="num">(174.9)<span></span>
</td>
<td class="num">(188.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherFinanceCost', window );">Other financial results</a></td>
<td class="num">(574.2)<span></span>
</td>
<td class="num">(204.8)<span></span>
</td>
<td class="num">(164.9)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinanceCostsExcludingNonrecurringFinanceCosts', window );">&#160;Total</a></td>
<td class="num">R$ (7,892.2)<span></span>
</td>
<td class="num">R$ (5,427.8)<span></span>
</td>
<td class="num">R$ (5,430.5)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdjustmentInFairValueOfFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of adjustment in fair value of financial instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdjustmentInFairValueOfFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinanceCostsExcludingNonrecurringFinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity, excluding non-recurring finance costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinanceCostsExcludingNonrecurringFinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinanceExpensesAndIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinanceExpensesAndIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InterestOnProvisionForContingencies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The interest on provisions for contingencies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InterestOnProvisionForContingencies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NetInterestOnPensionPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The net interest on pension plans.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NetInterestOnPensionPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BankAndSimilarCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of bank and similar charges recognised by the entity as an expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BankAndSimilarCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on hedging instruments in fair value hedges. [Refer: Fair value hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_24_a_i&amp;doctype=Standard&amp;book=b<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetForeignExchangeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The net loss arising from exchange differences recognised in profit or loss, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: Foreign exchange gain (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2022-03-24<br> -Paragraph 52<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_52_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 35<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetForeignExchangeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherFinanceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance costs]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherFinanceCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The product of the accounting profit multiplied by the applicable tax rate(s). [Refer: Accounting profit; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxExpenseIncomeAtApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447942672">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>FINANCE EXPENSES AND INCOME - Interest Expense (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinanceExpensesAndIncomeAbstract', window );"><strong>Finance Expenses And Income</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss', window );">Financial instruments measured at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (764.0)<span></span>
</td>
<td class="num">R$ (466.0)<span></span>
</td>
<td class="num">R$ (776.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss', window );">Financial instruments at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,564.3)<span></span>
</td>
<td class="num">(965.8)<span></span>
</td>
<td class="num">(1,010.6)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpense', window );">&#160;Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (2,328.3)<span></span>
</td>
<td class="num">R$ (1,431.8)<span></span>
</td>
<td class="num">R$ (1,786.6)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Include R$1,231 million (R$656 million at December 31, 2021 and R$657 million at December 31, 2020) as accounts payable present value adjustment.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinanceExpensesAndIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinanceExpensesAndIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on instruments at fair value through profit or loss.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_f&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on financial liabilities designated at fair value through profit or loss. [Refer: Interest expense; Financial liabilities at fair value through profit or loss, designated upon initial recognition or subsequently]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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</body>
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</DOCUMENT>
<DOCUMENT>
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<FILENAME>R84.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456996208">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCE EXPENSES AND INCOME - Finance Income (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinanceExpensesAndIncomeAbstract', window );"><strong>Finance Expenses And Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromInterest', window );">Interest income</a></td>
<td class="nump">R$ 2,167.7<span></span>
</td>
<td class="nump">R$ 1,101.6<span></span>
</td>
<td class="nump">R$ 2,245.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties', window );">Interest and foreign exchange rate on loans to/from related parties</a></td>
<td class="nump">37.1<span></span>
</td>
<td class="nump">42.5<span></span>
</td>
<td class="nump">10.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss', window );">Financial instruments at fair value through profit or loss</a></td>
<td class="nump">95.5<span></span>
</td>
<td class="nump">77.0<span></span>
</td>
<td class="nump">242.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherFinanceIncome', window );">Other financial results</a></td>
<td class="nump">565.3<span></span>
</td>
<td class="nump">78.9<span></span>
</td>
<td class="nump">49.9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems', window );">&#160;Finance income, before adoption of new accounting policies</a></td>
<td class="nump">2,865.6<span></span>
</td>
<td class="nump">1,300.0<span></span>
</td>
<td class="nump">2,548.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">1,603.5<span></span>
</td>
<td class="nump">922.4<span></span>
</td>
<td class="nump">447.4<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">&#160;Finance income</a></td>
<td class="nump">R$ 4,469.1<span></span>
</td>
<td class="nump">R$ 2,222.4<span></span>
</td>
<td class="nump">R$ 2,996.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinanceExpensesAndIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinanceExpensesAndIncomeAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of finance income, before adoption of new accounting policies and non-recurring items</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The effect on financial income of the adoption of new accounting policies.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income from interest and foreign exchange rate on loans with related parties.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue from financial instruments at fair value through profit or loss.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 85<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherFinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of finance income that the entity does not separately disclose in the same statement or note. [Refer: Finance income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherFinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income arising from interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_e&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131451279632">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>FINANCE EXPENSES AND INCOME - Interest Income (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinanceExpensesAndIncomeAbstract', window );"><strong>Finance Expenses And Income</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestIncomeOnCashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 791.6<span></span>
</td>
<td class="nump">R$ 329.5<span></span>
</td>
<td class="nump">R$ 234.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestIncomeOnFinancialAssetsHeldForTrading', window );">Investment securities held for trading</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">175.9<span></span>
</td>
<td class="nump">84.7<span></span>
</td>
<td class="nump">4.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestIncomeOnOtherFinancialAssets', window );">Other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,200.2<span></span>
</td>
<td class="nump">687.4<span></span>
</td>
<td class="nump">2,006.6<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromInterest', window );">&#160;Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,167.7<span></span>
</td>
<td class="nump">R$ 1,101.6<span></span>
</td>
<td class="nump">R$ 2,245.5<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Refers, mainly, to monetary adjustment of recoverable taxes.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinanceExpensesAndIncomeAbstract</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest income on cash and cash equivalents. [Refer: Interest income; Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestIncomeOnCashAndCashEquivalents</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest income on financial assets held for trading. [Refer: Interest income; Financial assets at fair value through profit or loss, classified as held for trading]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestIncomeOnFinancialAssetsHeldForTrading</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest income on other financial assets. [Refer: Interest income; Other financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestIncomeOnOtherFinancialAssets</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income arising from interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 28<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_e&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446705840">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX AND SOCIAL CONTRIBUTION - Income Taxes Reported (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureIncomeTaxAndSocialContributionAbstract', window );"><strong>Income Tax And Social Contribution</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxExpenseIncome', window );">Income tax expense &#8211; current</a></td>
<td class="num">R$ (1,718.9)<span></span>
</td>
<td class="num">R$ (1,268.6)<span></span>
</td>
<td class="num">R$ (1,048.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences', window );">Deferred tax expense on temporary differences</a></td>
<td class="nump">1,012.6<span></span>
</td>
<td class="nump">1,072.9<span></span>
</td>
<td class="num">(1,576.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDeferredTaxExpense', window );">Deferred tax on tax loss carryforward movements in the current period</a></td>
<td class="nump">1,361.9<span></span>
</td>
<td class="num">(440.9)<span></span>
</td>
<td class="nump">862.4<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncome', window );">Total deferred tax (expense)/income</a></td>
<td class="nump">2,374.5<span></span>
</td>
<td class="nump">632.0<span></span>
</td>
<td class="num">(713.6)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Total income tax expenses</a></td>
<td class="nump">R$ 655.6<span></span>
</td>
<td class="num">R$ (636.6)<span></span>
</td>
<td class="num">R$ (1,762.5)<span></span>
</td>
</tr>
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<div style="display: none;">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for deferred tax expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deferred tax expense (income); Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDeferredTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 80<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_80_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense (income) relating to changes in deferred tax liabilities and deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax expense or income relating to the creation or reversal of temporary differences. [Refer: Temporary differences [member]; Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 80<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_80_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2022-03-24<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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</body>
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<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446600352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX AND SOCIAL CONTRIBUTION - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureIncomeTaxAndSocialContributionAbstract', window );"><strong>Income Tax And Social Contribution</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AccountingProfit', window );">Profit before tax</a></td>
<td class="nump">R$ 14,235.6<span></span>
</td>
<td class="nump">R$ 13,759.2<span></span>
</td>
<td class="nump">R$ 13,494.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustmentOnTaxableBasisAbstract', window );"><strong>Adjustment on a taxable basis</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectOfOthersNontaxableIncome', window );">Others non-taxable income</a></td>
<td class="num">(883.3)<span></span>
</td>
<td class="num">(611.0)<span></span>
</td>
<td class="num">(6.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectOfGovernmentGrantsRelatedToSalesTaxes', window );">Government grants related to sales taxes&#160;</a></td>
<td class="num">(2,535.1)<span></span>
</td>
<td class="num">(1,883.1)<span></span>
</td>
<td class="num">(1,597.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectFromSharingResultsOfJointVentures', window );">Share of results of joint ventures</a></td>
<td class="nump">29.1<span></span>
</td>
<td class="nump">115.7<span></span>
</td>
<td class="nump">43.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectOfExpenseNotDeductible', window );">Non-deductible expenses</a></td>
<td class="nump">192.8<span></span>
</td>
<td class="nump">99.2<span></span>
</td>
<td class="nump">119.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TaxEffectOfForeignTaxRates', window );">Worldwide taxation</a></td>
<td class="nump">679.3<span></span>
</td>
<td class="num">(360.0)<span></span>
</td>
<td class="nump">48.2<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetAccountingProfit', window );">&#160;</a></td>
<td class="nump">R$ 11,718.4<span></span>
</td>
<td class="nump">R$ 11,120.0<span></span>
</td>
<td class="nump">R$ 12,101.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Aggregated weighted nominal tax rate</a></td>
<td class="nump">29.47%<span></span>
</td>
<td class="nump">27.39%<span></span>
</td>
<td class="nump">30.26%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilities', window );">Taxes payable nominal rate</a></td>
<td class="num">R$ (3,453.3)<span></span>
</td>
<td class="num">R$ (3,045.3)<span></span>
</td>
<td class="num">R$ (3,662.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustmentOnTaxExpenseAbstract', window );"><strong>Adjustment on tax expense</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectOfRegionalIncentives', window );">Income tax Incentives</a></td>
<td class="nump">234.0<span></span>
</td>
<td class="nump">213.2<span></span>
</td>
<td class="nump">123.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectOfDeductibleInterestOfShareholdersEquity', window );">Deductible interest on shareholders&#8217; equity</a></td>
<td class="nump">4,079.9<span></span>
</td>
<td class="nump">2,516.0<span></span>
</td>
<td class="nump">2,213.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TaxEffectOfImpairmentOfGoodwill', window );">Tax savings from goodwill amortization</a></td>
<td class="nump">27.2<span></span>
</td>
<td class="nump">77.5<span></span>
</td>
<td class="nump">77.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectOfWithholdingTaxOverUndistributedProfits', window );">Withholding income tax</a></td>
<td class="num">(164.5)<span></span>
</td>
<td class="num">(876.0)<span></span>
</td>
<td class="num">(628.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TaxEffectOfTaxLosses', window );">Recognition/(write-off) of deferred charges on tax losses</a></td>
<td class="num">(58.2)<span></span>
</td>
<td class="num">(1.5)<span></span>
</td>
<td class="nump">123.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxEffectOfAdoptionOfNewAccountingPolicy', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(249.0)<span></span>
</td>
<td class="num">(123.3)<span></span>
</td>
<td class="num">(50.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Others with reduced taxation</a></td>
<td class="nump">239.5<span></span>
</td>
<td class="nump">602.8<span></span>
</td>
<td class="nump">41.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax and social contribution expense</a></td>
<td class="nump">R$ 655.6<span></span>
</td>
<td class="num">R$ (636.6)<span></span>
</td>
<td class="num">R$ (1,762.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AverageEffectiveTaxRate', window );">Effective tax rate</a></td>
<td class="num">(4.61%)<span></span>
</td>
<td class="nump">4.63%<span></span>
</td>
<td class="nump">13.06%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdjustmentOnTaxExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdjustmentOnTaxExpenseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdjustmentOnTaxableBasisAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdjustmentOnTaxableBasisAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureIncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureIncomeTaxAndSocialContributionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NetAccountingProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) for a period after deducting tax expense.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NetAccountingProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectFromSharingResultsOfJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to sharing results of joint ventures.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectFromSharingResultsOfJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectOfAdoptionOfNewAccountingPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The tax effect of the adoption of a new accounting policy.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectOfAdoptionOfNewAccountingPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectOfDeductibleInterestOfShareholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to the deductible interest of shareholders equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectOfDeductibleInterestOfShareholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectOfExpenseNotDeductible">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to expenses not deductible in determining taxable profit (tax loss).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectOfExpenseNotDeductible</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectOfGovernmentGrantsRelatedToSalesTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to the government grants related to sales taxes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectOfGovernmentGrantsRelatedToSalesTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectOfOthersNontaxableIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents tax effect of others non-taxable income.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectOfOthersNontaxableIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectOfRegionalIncentives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to regional incentives.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectOfRegionalIncentives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxEffectOfWithholdingTaxOverUndistributedProfits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to withholding tax over undistributed profits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxEffectOfWithholdingTaxOverUndistributedProfits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AccountingProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) for a period before deducting tax expense. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AccountingProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The applicable income tax rate.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AverageEffectiveTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The tax expense (income) divided by the accounting profit. [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AverageEffectiveTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current tax for current and prior periods to the extent unpaid. Current tax is the amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph n<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2022-03-24<br> -Paragraph 23<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2022-03-24<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 79<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 82<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that the entity does not separately disclose in the same statement or note. [Refer: Accounting profit; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxEffectOfForeignTaxRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to foreign tax rates. [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxEffectOfForeignTaxRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxEffectOfImpairmentOfGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount representing the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to impairment of goodwill. [Refer: Accounting profit; Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxEffectOfImpairmentOfGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxEffectOfTaxLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that relates to tax losses. [Refer: Accounting profit]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxEffectOfTaxLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450645328">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2022 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureIncomeTaxAndSocialContributionAbstract', window );"><strong>Income Tax And Social Contribution</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense', window );">Tax benefit arising from previously unrecognised tax loss, tax credit or temporary difference of prior period used to reduce deferred tax expense</a></td>
<td class="nump">R$ 329<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureIncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureIncomeTaxAndSocialContributionAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of benefit arising from a previously unrecognised tax loss, tax credit or temporary difference of a prior period that is used to reduce deferred tax expense. [Refer: Deferred tax expense (income); Temporary differences [member]; Unused tax losses [member]; Unused tax credits [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 80<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_80_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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</div>
</body>
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<html>
<head>
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<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448568048">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>PROPERTY, PLANT AND EQUIPMENT - Property, Plant and Equipment (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">R$ 30,055.8<span></span>
</td>
<td class="nump">R$ 29,224.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember', window );">Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">26,961.3<span></span>
</td>
<td class="nump">26,664.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember', window );">Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">R$ 3,094.5<span></span>
</td>
<td class="nump">R$ 2,560.3<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of property, plant and equipment that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember</td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember</td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444705936">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PROPERTY, PLANT AND EQUIPMENT - Reconciliation of Changes in Property, Plant and Equipment (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">R$ 30,055.7<span></span>
</td>
<td class="nump">R$ 29,224.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember', window );">Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">26,961.3<span></span>
</td>
<td class="nump">26,664.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">3,322.8<span></span>
</td>
<td class="num">(81.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(2,743.9)<span></span>
</td>
<td class="num">(798.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="nump">1,855.4<span></span>
</td>
<td class="nump">1,589.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">40.1<span></span>
</td>
<td class="nump">43.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(4,177.1)<span></span>
</td>
<td class="num">(4,131.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="num">(404.0)<span></span>
</td>
<td class="num">(278.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember', window );">Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">3,094.5<span></span>
</td>
<td class="nump">2,560.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember', window );">Land and buildings [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">9,698.3<span></span>
</td>
<td class="nump">9,090.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">243.8<span></span>
</td>
<td class="num">(39.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(157.8)<span></span>
</td>
<td class="num">(94.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(0.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="nump">4.5<span></span>
</td>
<td class="nump">46.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">0.1<span></span>
</td>
<td class="nump">36.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(436.4)<span></span>
</td>
<td class="num">(398.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="num">(0.4)<span></span>
</td>
<td class="num">(7.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_PlantAndEquipmentMember', window );">Plant And Equipment [Member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">11,589.1<span></span>
</td>
<td class="nump">10,884.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">2,311.1<span></span>
</td>
<td class="num">(52.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(1,938.4)<span></span>
</td>
<td class="num">(557.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="nump">1,515.7<span></span>
</td>
<td class="nump">1,222.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">32.7<span></span>
</td>
<td class="nump">1.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(3,161.0)<span></span>
</td>
<td class="num">(3,098.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="num">(403.6)<span></span>
</td>
<td class="num">(269.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Fixtures and fittings [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">1,323.9<span></span>
</td>
<td class="nump">1,285.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">767.9<span></span>
</td>
<td class="nump">10.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(647.7)<span></span>
</td>
<td class="num">(146.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(0.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="nump">335.2<span></span>
</td>
<td class="nump">320.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">7.3<span></span>
</td>
<td class="nump">5.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(579.7)<span></span>
</td>
<td class="num">(634.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(2.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Construction in progress [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">4,350.0<span></span>
</td>
<td class="nump">5,404.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment', window );">Impairment losses</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">1,350.9<span></span>
</td>
<td class="nump">1,206.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_MachineryEquipmentAndVehiclesMember', window );">Machinery Equipment And Vehicles [Member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">1,577.4<span></span>
</td>
<td class="nump">1,244.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other property, plant and equipment [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">166.2<span></span>
</td>
<td class="nump">110.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">66,345.2<span></span>
</td>
<td class="nump">63,941.2<span></span>
</td>
<td class="nump">R$ 56,472.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(5,694.5)<span></span>
</td>
<td class="nump">193.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">4,758.6<span></span>
</td>
<td class="nump">2,079.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="nump">6,305.7<span></span>
</td>
<td class="nump">7,311.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="num">(1,905.8)<span></span>
</td>
<td class="num">(1,719.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="num">(1,060.0)<span></span>
</td>
<td class="num">(406.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">5,588.2<span></span>
</td>
<td class="nump">4,443.0<span></span>
</td>
<td class="nump">3,873.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(128.7)<span></span>
</td>
<td class="nump">62.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="num">(100.1)<span></span>
</td>
<td class="num">(13.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdditionsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="nump">1,637.7<span></span>
</td>
<td class="nump">2,284.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="num">(263.7)<span></span>
</td>
<td class="num">(1,762.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Land and buildings [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">14,494.2<span></span>
</td>
<td class="nump">13,539.9<span></span>
</td>
<td class="nump">12,385.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(1,075.9)<span></span>
</td>
<td class="nump">54.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">870.5<span></span>
</td>
<td class="nump">544.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="nump">11.2<span></span>
</td>
<td class="nump">11.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="num">(24.6)<span></span>
</td>
<td class="num">(117.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">1,173.1<span></span>
</td>
<td class="nump">662.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Plant And Equipment [Member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">39,818.3<span></span>
</td>
<td class="nump">37,469.7<span></span>
</td>
<td class="nump">34,037.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(3,378.4)<span></span>
</td>
<td class="nump">129.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">2,891.0<span></span>
</td>
<td class="nump">1,170.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="nump">1,283.5<span></span>
</td>
<td class="nump">960.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="num">(1,531.4)<span></span>
</td>
<td class="num">(1,238.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">3,083.9<span></span>
</td>
<td class="nump">2,402.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Fixtures and fittings [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">7,682.7<span></span>
</td>
<td class="nump">7,526.9<span></span>
</td>
<td class="nump">7,219.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(879.5)<span></span>
</td>
<td class="nump">4.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">744.4<span></span>
</td>
<td class="nump">216.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="nump">87.3<span></span>
</td>
<td class="nump">45.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="num">(349.8)<span></span>
</td>
<td class="num">(360.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">553.4<span></span>
</td>
<td class="nump">401.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Construction in progress [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">4,350.0<span></span>
</td>
<td class="nump">5,404.7<span></span>
</td>
<td class="nump">2,830.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(360.7)<span></span>
</td>
<td class="nump">6.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy', window );">Effects of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">252.7<span></span>
</td>
<td class="nump">148.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisition through business combinations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="nump">4,923.7<span></span>
</td>
<td class="nump">6,294.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment', window );">Disposals and write-offs</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(3.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="num">(5,870.4)<span></span>
</td>
<td class="num">(3,872.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Buildings [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">2,698.4<span></span>
</td>
<td class="nump">2,307.2<span></span>
</td>
<td class="nump">1,791.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(111.6)<span></span>
</td>
<td class="nump">51.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="num">(114.0)<span></span>
</td>
<td class="num">(27.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdditionsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="nump">628.0<span></span>
</td>
<td class="nump">803.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="num">(11.2)<span></span>
</td>
<td class="num">(312.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Machinery Equipment And Vehicles [Member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">2,587.7<span></span>
</td>
<td class="nump">1,915.2<span></span>
</td>
<td class="nump">1,905.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(11.7)<span></span>
</td>
<td class="nump">4.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">21.7<span></span>
</td>
<td class="num">(76.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdditionsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="nump">915.0<span></span>
</td>
<td class="nump">1,409.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="num">(252.5)<span></span>
</td>
<td class="num">(1,327.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Other property, plant and equipment [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">302.1<span></span>
</td>
<td class="nump">220.6<span></span>
</td>
<td class="nump">175.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(5.4)<span></span>
</td>
<td class="nump">6.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="num">(7.8)<span></span>
</td>
<td class="nump">90.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdditionsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="nump">94.7<span></span>
</td>
<td class="nump">71.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(122.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(39,383.9)<span></span>
</td>
<td class="num">(37,277.2)<span></span>
</td>
<td class="num">(33,619.7)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(2,493.7)<span></span>
</td>
<td class="num">(1,882.6)<span></span>
</td>
<td class="num">(1,957.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">56.1<span></span>
</td>
<td class="num">(24.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">99.4<span></span>
</td>
<td class="nump">13.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(845.5)<span></span>
</td>
<td class="num">(1,024.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="nump">78.9<span></span>
</td>
<td class="nump">1,110.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Land and buildings [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(4,795.9)<span></span>
</td>
<td class="num">(4,449.7)<span></span>
</td>
<td class="num">(3,993.6)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Plant And Equipment [Member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(28,229.2)<span></span>
</td>
<td class="num">(26,585.7)<span></span>
</td>
<td class="num">(23,831.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Fixtures and fittings [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(6,358.8)<span></span>
</td>
<td class="num">(6,241.8)<span></span>
</td>
<td class="num">(5,795.1)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Construction in progress [member] | Property, plant and equipment not subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Buildings [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(1,347.5)<span></span>
</td>
<td class="num">(1,101.2)<span></span>
</td>
<td class="num">(812.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">47.3<span></span>
</td>
<td class="num">(19.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">77.1<span></span>
</td>
<td class="nump">1.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(391.6)<span></span>
</td>
<td class="num">(476.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="nump">20.9<span></span>
</td>
<td class="nump">205.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Machinery Equipment And Vehicles [Member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(1,010.3)<span></span>
</td>
<td class="num">(670.8)<span></span>
</td>
<td class="num">(1,017.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">6.0<span></span>
</td>
<td class="num">(1.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">11.8<span></span>
</td>
<td class="nump">43.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(415.3)<span></span>
</td>
<td class="num">(489.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="nump">58.0<span></span>
</td>
<td class="nump">794.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Other property, plant and equipment [member] | Property, plant and equipment subject to operating leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="num">(135.9)<span></span>
</td>
<td class="num">(110.6)<span></span>
</td>
<td class="num">R$ (126.7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">2.8<span></span>
</td>
<td class="num">(3.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">10.5<span></span>
</td>
<td class="num">(31.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DepreciationPropertyPlantAndEquipments', window );">Depreciation</a></td>
<td class="num">(38.6)<span></span>
</td>
<td class="num">(58.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment', window );">Write-offs</a></td>
<td class="nump">R$ (0.0)<span></span>
</td>
<td class="nump">R$ 109.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdditionsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdditionsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DepreciationPropertyPlantAndEquipments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DepreciationPropertyPlantAndEquipments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents disposals and write-offs of property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisposalsAndWriteoffsOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The effect of the adoption of a new accounting policy on property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PropertyPlantAndEquipmentEffectOfAccountingPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase in property, plant and equipment resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 73<br> -Subparagraph e<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_73_e_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 73<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_73_e_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 73<br> -Subparagraph e<br> -Clause viii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_73_e_viii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 73<br> -Subparagraph e<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_73_e_ix&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from transfers. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 73<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recognised resulting from the write-down of property, plant and equipment to its recoverable amount or reversals of those write-downs. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 98<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_98_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WritedownsReversalsOfPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentByOperatingLeaseStatusAxis=ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandAndBuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_PlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_PlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember</td>
</tr>
<tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=abev_MachineryEquipmentAndVehiclesMember</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember</td>
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<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
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<DOCUMENT>
<TYPE>XML
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446595600">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>PROPERTY, PLANT AND EQUIPMENT - Average Discount Rate Applied for IFRS 16 for January 1st (Details)<br></strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=abev_LeaseTerm2022.2026Member', window );">Lease Term 2022. 2026 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Rate %</a></td>
<td class="nump">9.46%<span></span>
</td>
<td class="nump">7.29%<span></span>
</td>
<td class="nump">10.54%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=abev_LeaseTerm2027.2031Member', window );">Lease Term 2027. 2031 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Rate %</a></td>
<td class="nump">10.27%<span></span>
</td>
<td class="nump">9.78%<span></span>
</td>
<td class="nump">8.19%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=abev_LeaseTerm2032.2036Member', window );">Lease Term 2032. 2036 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16', window );">Rate %</a></td>
<td class="nump">15.16%<span></span>
</td>
<td class="nump">14.47%<span></span>
</td>
<td class="nump">10.97%<span></span>
</td>
</tr>
</table>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<td><strong> Period Type:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average lessee's incremental borrowing rate applied to lease liabilities recognised in the statement of financial position at the date of initial application of IFRS 16. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph C12<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_C12_a&amp;doctype=Appendix&amp;subtype=C<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16</td>
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<td><strong> Name:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_MaturityAxis=abev_LeaseTerm2027.2031Member</td>
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<td style="white-space:nowrap;">ifrs-full_MaturityAxis=abev_LeaseTerm2032.2036Member</td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>106
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446288592">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>GOODWILL - Changes in the Period (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GoodwillAbstract', window );"><strong>Goodwill - Changes In Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Balance at the end of the previous year</a></td>
<td class="nump">R$ 42,411.3<span></span>
</td>
<td class="nump">R$ 40,023.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(3,510.6)<span></span>
</td>
<td class="nump">1,255.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">1,709.9<span></span>
</td>
<td class="nump">1,092.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill', window );">Acquisitions, (write-offs) and disposal through business combinations</a></td>
<td class="num">(16.6)<span></span>
</td>
<td class="nump">40.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Balance at the end of the year</a></td>
<td class="nump">R$ 40,594.0<span></span>
</td>
<td class="nump">R$ 42,411.3<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GoodwillAbstract">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of adjustment to goodwill due to a new accounting pronouncement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GoodwillAdjustmentAdoptionOfNewAccountingAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in goodwill resulting from business combinations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseThroughBusinessCombinationsGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Goodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 134<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 135<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2022-03-24<br> -Paragraph B67<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in goodwill resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2022-03-24<br> -Paragraph B67<br> -Subparagraph d<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B67_d_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131457005792">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>GOODWILL - Carrying Amount of Goodwill Allocated to the Different Cash-generating Units (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 40,594.0<span></span>
</td>
<td class="nump">R$ 42,411.3<span></span>
</td>
<td class="nump">R$ 40,023.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_Brazil1Member', window );">Brazil 1 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17,702.4<span></span>
</td>
<td class="nump">17,702.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GoodwillGrossAmount', window );">Goodwill, gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">102,945.0<span></span>
</td>
<td class="nump">102,945.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GoodwillNoncontrollingTransactions', window );">Goodwill, non-controlling transactions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(85,242.6)<span></span>
</td>
<td class="num">(85,242.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_CACMember', window );">C A C [Member] | Dominican Republic [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,231.6<span></span>
</td>
<td class="nump">4,439.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_CACMember', window );">C A C [Member] | Panama [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,813.8<span></span>
</td>
<td class="nump">1,939.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_LatinAmericaSouthMember', window );">Latin America, south [member] | Argentina [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,463.0<span></span>
</td>
<td class="nump">3,232.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_LatinAmericaSouthMember', window );">Latin America, south [member] | Bolivia [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,845.6<span></span>
</td>
<td class="nump">1,973.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_LatinAmericaSouthMember', window );">Latin America, south [member] | Chile [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">53.1<span></span>
</td>
<td class="nump">57.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_LatinAmericaSouthMember', window );">Latin America, south [member] | Paraguay [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">953.8<span></span>
</td>
<td class="nump">1,083.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_LatinAmericaSouthMember', window );">Latin America, south [member] | Uruguay [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">193.1<span></span>
</td>
<td class="nump">185.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_Canada1Member', window );">Canada 1 [member] | Canada [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 10,337.6<span></span>
</td>
<td class="nump">R$ 11,797.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">This refers to the shareholding exchange transaction in 2013 as a result of the adoption of the predecessor basis of accounting.</td>
</tr></table></td></tr>
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<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GoodwillGrossAmount</td>
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<tr>
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<tr>
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<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GoodwillNoncontrollingTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GoodwillNoncontrollingTransactions</td>
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<tr>
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<tr>
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<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Goodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 134<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 135<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2022-03-24<br> -Paragraph B67<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
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<tr>
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<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_Brazil1Member</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_CACMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_DominicanRepublicMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_DominicanRepublicMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_PanamaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_PanamaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_LatinAmericaSouthMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_LatinAmericaSouthMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_ArgentinaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_ArgentinaMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_BoliviaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_BoliviaMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_ChileMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_ChileMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
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<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_ParaguayMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_UruguayMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_UruguayMember</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_Canada1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=abev_Canada1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
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<td></td>
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<tr>
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<td></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_CanadaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_CanadaMember</td>
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<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131452959280">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>GOODWILL - Weighted Average Cost of Capital (Details) - Weighted average cost of capital, measurement input [member]<br></strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_ChileMember', window );">Chile [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
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</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantUnobservableInputAssets', window );">Weighted average cost of capital</a></td>
<td class="nump">0.114<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_PanamaMember', window );">Panama [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantUnobservableInputAssets', window );">Weighted average cost of capital</a></td>
<td class="nump">0.100<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_BrazilMember', window );">Brazil [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SignificantUnobservableInputAssets', window );">Weighted average cost of capital</a></td>
<td class="nump">0.127<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantUnobservableInputAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of significant unobservable input used in the measurement of the fair value of assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantUnobservableInputAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ReserveQuantitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ReserveQuantitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_ChileMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_ChileMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnobservableInputsAxis=ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnobservableInputsAxis=ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_PanamaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_PanamaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_BrazilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_BrazilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>109
<FILENAME>R95.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131453094368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>GOODWILL (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GoodwillPercentageOfTotalAssets', window );">Goodwill percentage of total assets</a></td>
<td class="nump">29.00%<span></span>
</td>
<td class="nump">31.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GrowthRate', window );">Growth rate</a></td>
<td class="nump">3.30%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GrowthRate', window );">Growth rate</a></td>
<td class="nump">8.70%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GoodwillPercentageOfTotalAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of total assets that make up goodwill.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GoodwillPercentageOfTotalAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GrowthRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage amount of the entity value for cost to sell.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GrowthRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>110
<FILENAME>R96.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444831712">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INTANGIBLES - Reconciliation of Changes in Intangible Assets (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">R$ 9,222.2<span></span>
</td>
<td class="nump">R$ 8,689.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_BrandNamesMember', window );">Brand names [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">6,163.1<span></span>
</td>
<td class="nump">6,329.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=abev_CommercialIntangiblesMember', window );">Commercial Intangibles [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">571.7<span></span>
</td>
<td class="nump">671.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Computer software [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">2,134.1<span></span>
</td>
<td class="nump">1,129.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=abev_OthersMember', window );">Others [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">353.3<span></span>
</td>
<td class="nump">559.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">15,044.4<span></span>
</td>
<td class="nump">14,014.9<span></span>
</td>
<td class="nump">R$ 12,276.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(1,870.2)<span></span>
</td>
<td class="nump">114.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">1,632.6<span></span>
</td>
<td class="nump">931.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="nump">227.4<span></span>
</td>
<td class="nump">366.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="num">(0.1)<span></span>
</td>
<td class="num">(44.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">1,039.8<span></span>
</td>
<td class="nump">370.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Brand names [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">6,163.1<span></span>
</td>
<td class="nump">6,329.0<span></span>
</td>
<td class="nump">5,653.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(1,096.2)<span></span>
</td>
<td class="nump">123.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">930.3<span></span>
</td>
<td class="nump">622.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(31.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(39.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Commercial Intangibles [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">3,308.6<span></span>
</td>
<td class="nump">3,348.4<span></span>
</td>
<td class="nump">3,284.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(114.3)<span></span>
</td>
<td class="nump">16.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">71.3<span></span>
</td>
<td class="nump">56.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">3.2<span></span>
</td>
<td class="num">(8.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Computer software [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">4,353.9<span></span>
</td>
<td class="nump">2,959.0<span></span>
</td>
<td class="nump">2,238.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(351.3)<span></span>
</td>
<td class="num">(20.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">338.7<span></span>
</td>
<td class="nump">103.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="nump">6.9<span></span>
</td>
<td class="nump">26.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="num">(0.1)<span></span>
</td>
<td class="num">(13.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">1,400.7<span></span>
</td>
<td class="nump">625.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Gross carrying amount [member] | Others [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">1,218.8<span></span>
</td>
<td class="nump">1,378.5<span></span>
</td>
<td class="nump">1,100.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">(308.4)<span></span>
</td>
<td class="num">(4.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">292.3<span></span>
</td>
<td class="nump">149.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="nump">220.5<span></span>
</td>
<td class="nump">340.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="num">(364.1)<span></span>
</td>
<td class="num">(206.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="num">(5,822.2)<span></span>
</td>
<td class="num">(5,325.9)<span></span>
</td>
<td class="num">(4,696.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">502.7<span></span>
</td>
<td class="nump">48.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(498.5)<span></span>
</td>
<td class="num">(279.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">0.1<span></span>
</td>
<td class="nump">14.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">1.6<span></span>
</td>
<td class="num">(8.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="num">(502.2)<span></span>
</td>
<td class="num">(404.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Brand names [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Commercial Intangibles [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="num">(2,736.9)<span></span>
</td>
<td class="num">(2,677.2)<span></span>
</td>
<td class="num">(2,584.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">69.6<span></span>
</td>
<td class="nump">13.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(71.2)<span></span>
</td>
<td class="num">(56.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">8.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="num">(58.1)<span></span>
</td>
<td class="num">(58.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Computer software [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="num">(2,219.8)<span></span>
</td>
<td class="num">(1,829.3)<span></span>
</td>
<td class="num">(1,458.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">220.7<span></span>
</td>
<td class="nump">15.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(211.8)<span></span>
</td>
<td class="num">(83.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">0.1<span></span>
</td>
<td class="nump">14.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">1.6<span></span>
</td>
<td class="num">(16.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="num">(401.1)<span></span>
</td>
<td class="num">(299.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated depreciation, amortisation and impairment [member] | Others [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets, final balance</a></td>
<td class="num">(865.5)<span></span>
</td>
<td class="num">(819.4)<span></span>
</td>
<td class="num">R$ (653.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">212.4<span></span>
</td>
<td class="nump">20.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(215.5)<span></span>
</td>
<td class="num">(139.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill', window );">Disposal</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfers from/(to) other asset categories</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(0.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization</a></td>
<td class="num">R$ (43.0)<span></span>
</td>
<td class="num">R$ (46.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of adjustment to intangible assets other than goodwill due to the adoption of a new accounting pronouncement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to intangible assets other than goodwill, other than those acquired through business combinations. [Refer: Business combinations [member]; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118_e_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation of intangible assets other than goodwill. [Refer: Depreciation and amortisation expense; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118_e_vi&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets other than goodwill resulting from disposals. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -Subparagraph e<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118_e_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets other than goodwill resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118_e_vii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets other than goodwill resulting from transfers. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 118<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_BrandNamesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_BrandNamesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=abev_CommercialIntangiblesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=abev_OthersMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember</td>
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<td></td>
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<td>na</td>
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<td></td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448707360">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>INTANGIBLES - Intangible Assets by Location (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">R$ 6,163.1<span></span>
</td>
<td class="nump">R$ 6,329.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInArgentinaMember', window );">Intangible assets in Argentina [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">2,019.2<span></span>
</td>
<td class="nump">1,917.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInBoliviaMember', window );">Intangible assets in Bolivia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">894.5<span></span>
</td>
<td class="nump">956.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInCanadaMember', window );">Intangible assets in Canada [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">206.4<span></span>
</td>
<td class="nump">235.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInChileMember', window );">Intangible assets in Chile [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">78.5<span></span>
</td>
<td class="nump">84.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInLuxembourgMember', window );">Intangible assets in Luxembourg [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">339.6<span></span>
</td>
<td class="nump">339.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInParaguayMember', window );">Intangible assets in Paraguay [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">542.7<span></span>
</td>
<td class="nump">616.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInTheDominicanRepublicMember', window );">Intangible assets in the Dominican Republic [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">1,593.0<span></span>
</td>
<td class="nump">1,670.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInPanamaMember', window );">Intangible assets in Panama [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">358.8<span></span>
</td>
<td class="nump">383.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInUruaguayMember', window );">Intangible assets in Uruaguay [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife', window );">Intangible assets with indefinite useful life</a></td>
<td class="nump">R$ 130.4<span></span>
</td>
<td class="nump">R$ 125.1<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets assessed as having an indefinite useful life. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2022-03-24<br> -Paragraph 122<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_122_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 134<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_134_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2022-03-24<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLife</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInArgentinaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInBoliviaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInCanadaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInChileMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInLuxembourgMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInParaguayMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInTheDominicanRepublicMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInPanamaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsWithIndefiniteUsefulLifeAxis=abev_IntangibleAssetsInUruaguayMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<TYPE>XML
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131452644656">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>INVESTMENT SECURITIES - Portions of Investment Securities (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureInvestmentSecuritiesAbstract', window );"><strong>Investment Securities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DebtInstrumentsHeld', window );">Investment on debt securities&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 219.1<span></span>
</td>
<td class="nump">R$ 192.9<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentHeldtomaturityInvestments', window );">Non-current investment securities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">219.1<span></span>
</td>
<td class="nump">192.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">454.5<span></span>
</td>
<td class="nump">1,914.6<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Current investment securities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">454.5<span></span>
</td>
<td class="nump">1,914.6<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InvestmentSecurities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 673.6<span></span>
</td>
<td class="nump">R$ 2,107.5<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The balance refers substantially to financial investments linked to tax incentives that do not have immediate&#160;convertibility into&#160;a
known amount&#160;of&#160;cash.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureInvestmentSecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureInvestmentSecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InvestmentSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total amount of investment securities outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InvestmentSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets measured at fair value through profit or loss classified as held for trading. [Refer: Financial assets at fair value through profit or loss, classified as held for trading]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 8<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_8_a&amp;doctype=Standard&amp;book=b<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current investments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DebtInstrumentsHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of instruments representing indebtedness held by the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DebtInstrumentsHeld</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentHeldtomaturityInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current held-to-maturity investments. [Refer: Held-to-maturity investments]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 8<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_8_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentHeldtomaturityInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446617120">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Applied Rates (Details)<br></strong></div></th>
<th class="th" colspan="2">1 Months Ended</th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2021</div></th>
<th class="th"><div>Jan. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_CentralAmericaAndTheCaribbeanMember', window );">Central America and the Caribbean [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxRateEffectOfTaxLossesAndSocialContributions', window );">Applied rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_CentralAmericaAndTheCaribbeanMember', window );">Central America and the Caribbean [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxRateEffectOfTaxLossesAndSocialContributions', window );">Applied rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">27.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_LatinAmericaSouthMember', window );">Latin America, south [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxRateEffectOfTaxLossesAndSocialContributions', window );">Applied rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_LatinAmericaSouthMember', window );">Latin America, south [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxRateEffectOfTaxLossesAndSocialContributions', window );">Applied rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_CanadaMember', window );">Canada [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxRateEffectOfTaxLossesAndSocialContributions', window );">Applied rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">26.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_LuxembourgMember', window );">Luxembourg [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxRateEffectOfTaxLossesAndSocialContributions', window );">Applied rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">24.94%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_StatementGeographicalAxis=abev_ArgentineMember', window );">Argentine [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_ReserveQuantitiesLineItems', window );"><strong>Reserve Quantities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges', window );">Applicable tax rate, first two years after legislation changes</a></td>
<td class="nump">30.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The applicable income tax rate for the first two years after legislation changes.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ApplicableTaxRateFirstTwoYearsAfterLegislationChanges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxRateEffectOfTaxLossesAndSocialContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The tax rate effect on the reconciliation between the average effective tax rate and the applicable tax rate resulting from tax losses and social contributions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxRateEffectOfTaxLossesAndSocialContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_ReserveQuantitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_ReserveQuantitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_CentralAmericaAndTheCaribbeanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_CentralAmericaAndTheCaribbeanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_LatinAmericaSouthMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_LatinAmericaSouthMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_CanadaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_CanadaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_LuxembourgMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_LuxembourgMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_StatementGeographicalAxis=abev_ArgentineMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_StatementGeographicalAxis=abev_ArgentineMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>114
<FILENAME>R100.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447522128">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Income Tax and Social Contribution by Type of Temporary Difference (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">R$ 9,415.0<span></span>
</td>
<td class="nump">R$ 8,845.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(6,701.9)<span></span>
</td>
<td class="num">(7,331.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">2,713.1<span></span>
</td>
<td class="nump">1,513.7<span></span>
</td>
<td class="nump">R$ 1,517.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Netting by taxable entity</a></td>
<td class="num">(2,976.2)<span></span>
</td>
<td class="num">(4,117.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss', window );">Netting by taxable entity</a></td>
<td class="nump">2,976.2<span></span>
</td>
<td class="nump">4,117.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxAssets', window );">Net deferred tax assets</a></td>
<td class="nump">6,438.8<span></span>
</td>
<td class="nump">4,727.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetDeferredTaxLiabilities1', window );">Net deferred tax liabilities</a></td>
<td class="num">(3,725.7)<span></span>
</td>
<td class="num">(3,214.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInSecuritiesMember', window );">Temporary differences, investments in securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">7.5<span></span>
</td>
<td class="nump">12.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(2.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">7.5<span></span>
</td>
<td class="nump">10.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesIntangiblesMember', window );">Temporary differences, intangibles [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(1,690.2)<span></span>
</td>
<td class="num">(1,634.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="num">(1,690.2)<span></span>
</td>
<td class="num">(1,634.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesEmployeeBenefitsMember', window );">Temporary differences, employee benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">951.2<span></span>
</td>
<td class="nump">1,278.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(2.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">951.2<span></span>
</td>
<td class="nump">1,276.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradePayablesMember', window );">Temporary differences, trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">3,232.8<span></span>
</td>
<td class="nump">4,113.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(2.9)<span></span>
</td>
<td class="num">(1.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">3,229.9<span></span>
</td>
<td class="nump">4,112.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradeReceivableMember', window );">Temporary differences, trade receivable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">38.6<span></span>
</td>
<td class="nump">50.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(3.8)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">34.8<span></span>
</td>
<td class="nump">50.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesDerivativesMember', window );">Temporary differences, derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">95.1<span></span>
</td>
<td class="nump">232.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(44.8)<span></span>
</td>
<td class="num">(72.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">50.3<span></span>
</td>
<td class="nump">159.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember', window );">Temporary differences, interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">0.5<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(0.9)<span></span>
</td>
<td class="num">(1.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="num">(0.4)<span></span>
</td>
<td class="num">(1.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInventoriesMember', window );">Temporary differences, inventories [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">413.9<span></span>
</td>
<td class="nump">328.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(139.3)<span></span>
</td>
<td class="num">(49.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">274.6<span></span>
</td>
<td class="nump">279.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesPropertyPlantAndEquipmentMember', window );">Temporary differences, property, plant and equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">899.5<span></span>
</td>
<td class="nump">645.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(2,177.1)<span></span>
</td>
<td class="num">(2,027.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="num">(1,277.6)<span></span>
</td>
<td class="num">(1,381.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember', window );">Temporary differences, withholding tax over undistributed profits and royalties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(1,877.6)<span></span>
</td>
<td class="num">(2,079.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="num">(1,877.6)<span></span>
</td>
<td class="num">(2,079.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInJointVenturesMember', window );">Temporary differences, investments in joint ventures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(421.6)<span></span>
</td>
<td class="num">(421.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="num">(421.6)<span></span>
</td>
<td class="num">(421.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_UnusedTaxLossesMember', window );">Unused tax losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">2,660.7<span></span>
</td>
<td class="nump">1,298.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">2,660.7<span></span>
</td>
<td class="nump">1,298.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesProvisionsMember', window );">Temporary differences, provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">819.3<span></span>
</td>
<td class="nump">696.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(0.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">819.3<span></span>
</td>
<td class="nump">696.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember', window );">Impact of adoption of IFRS accounting policy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">35.1<span></span>
</td>
<td class="nump">78.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(11.4)<span></span>
</td>
<td class="num">(0.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">23.7<span></span>
</td>
<td class="nump">78.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember', window );">ICMS from the assessment bases of PIS COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(168.2)<span></span>
</td>
<td class="num">(1,019.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="num">(168.2)<span></span>
</td>
<td class="num">(1,019.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesOtherItemsMember', window );">Temporary differences, other items [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Gross deferred tax assets</a></td>
<td class="nump">260.8<span></span>
</td>
<td class="nump">110.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxsLiabilities', window );">Gross deferred tax liabilities</a></td>
<td class="num">(164.1)<span></span>
</td>
<td class="num">(19.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">R$ 96.7<span></span>
</td>
<td class="nump">R$ 90.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DeferredTaxExpenseIncomesRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DeferredTaxsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DeferredTaxsLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NetDeferredTaxLiabilities1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NetDeferredTaxLiabilities1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph o<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 56<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense or income relating to changes in deferred tax liabilities and deferred tax assets, recognised in profit or loss. [Refer: Deferred tax assets; Deferred tax expense (income); Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax assets net of deferred tax liabilities, when the absolute amount of deferred tax assets is greater than the absolute amount of deferred tax liabilities. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesIntangiblesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesIntangiblesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesEmployeeBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesEmployeeBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradePayablesMember</td>
</tr>
<tr>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradeReceivableMember</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesDerivativesMember</td>
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<td><strong> Name:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInventoriesMember</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesPropertyPlantAndEquipmentMember</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember</td>
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<td><strong> Name:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_UnusedTaxLossesMember</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesProvisionsMember</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember</td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>115
<FILENAME>R101.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447264784">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Taxes Not Related to Tax Losses (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">R$ 2,713.1<span></span>
</td>
<td class="nump">R$ 1,513.7<span></span>
</td>
<td class="nump">R$ 1,517.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInSecuritiesMember', window );">Temporary differences, investments in securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">7.5<span></span>
</td>
<td class="nump">10.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesIntangiblesMember', window );">Temporary differences, intangibles [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(1,690.2)<span></span>
</td>
<td class="num">(1,634.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesEmployeeBenefitsMember', window );">Temporary differences, employee benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">951.2<span></span>
</td>
<td class="nump">1,276.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradePayablesMember', window );">Temporary differences, trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">3,229.9<span></span>
</td>
<td class="nump">4,112.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradeReceivableMember', window );">Temporary differences, trade receivable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">34.8<span></span>
</td>
<td class="nump">50.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesDerivativesMember', window );">Temporary differences, derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">50.3<span></span>
</td>
<td class="nump">159.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember', window );">Temporary differences, interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(0.4)<span></span>
</td>
<td class="num">(1.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInventoriesMember', window );">Temporary differences, inventories [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">274.6<span></span>
</td>
<td class="nump">279.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesPropertyPlantAndEquipmentMember', window );">Temporary differences, property, plant and equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(1,277.6)<span></span>
</td>
<td class="num">(1,381.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember', window );">Temporary differences, withholding tax over undistributed profits and royalties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(1,877.6)<span></span>
</td>
<td class="num">(2,079.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInJointVenturesMember', window );">Temporary differences, investments in joint ventures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(421.6)<span></span>
</td>
<td class="num">(421.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesProvisionsMember', window );">Temporary differences, provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">819.3<span></span>
</td>
<td class="nump">696.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember', window );">Impact of adoption of IFRS accounting policy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">23.7<span></span>
</td>
<td class="nump">78.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember', window );">ICMS from the assessment bases of PIS COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(168.2)<span></span>
</td>
<td class="num">(1,019.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesOtherItemsMember', window );">Temporary differences, other items [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">96.7<span></span>
</td>
<td class="nump">R$ 90.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_DeferredTaxesNotRelatedToTaxLossesMember', window );">Deferred taxes not related to tax losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">52.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, investments in securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, intangibles [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(1.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, employee benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">230.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(209.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, trade receivable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">25.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(199.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(0.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, inventories [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">403.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, property, plant and equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">51.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, withholding tax over undistributed profits and royalties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(172.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, investments in joint ventures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">465.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Impact of adoption of IFRS accounting policy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | ICMS from the assessment bases of PIS COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Temporary differences, other items [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">29.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Deferred taxes not related to tax losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">621.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, investments in securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">7.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, intangibles [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(1,688.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, employee benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">720.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">3,439.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, trade receivable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">9.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, derivatives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">250.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, inventories [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(128.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, property, plant and equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(1,329.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, withholding tax over undistributed profits and royalties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(1,704.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, investments in joint ventures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(421.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">354.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Impact of adoption of IFRS accounting policy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">23.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | ICMS from the assessment bases of PIS COFINS [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">(168.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Temporary differences, other items [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="nump">67.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member] | Deferred taxes not related to tax losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax assets / (liabilities)</a></td>
<td class="num">R$ (569.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesIntangiblesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesIntangiblesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesEmployeeBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesEmployeeBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradeReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesTradeReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInterestbearingLoansAndBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInventoriesMember</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesPropertyPlantAndEquipmentMember</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesInvestmentsInJointVenturesMember</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TemporaryDifferencesProvisionsMember</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember">
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ImpactOfAdoptionOfIFRSAccountingPolicyMember</td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ICMSFromTheAssessmentBasesOfPISCOFINSMember</td>
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<td></td>
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<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_DeferredTaxesNotRelatedToTaxLossesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>116
<FILENAME>R102.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131445960736">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Tax Related to Tax Losses (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,713.1<span></span>
</td>
<td class="nump">R$ 1,513.7<span></span>
</td>
<td class="nump">R$ 1,517.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_UnusedTaxLossesMember', window );">Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,660.7<span></span>
</td>
<td class="nump">R$ 1,298.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member] | Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">256.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">168.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">102.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember', window );">Later Than Three Years And Not Later Than Fours Years [Member] | Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">106.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,146.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember', window );">Later Than Five Years And Not Later Than Eight Years [Member] | Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">799.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=abev_LaterThanEightYearsAndNotLaterThanTenYearsMember', window );">Later Than Eight Years And Not Later Than Ten Years [Member] | Unused tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred Tax Related to Tax Losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 79.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">There is no expectation of realization beyond a term of ten years.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_UnusedTaxLossesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_UnusedTaxLossesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=abev_LaterThanThreeYearsAndNotLaterThanFoursYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=abev_LaterThanFiveYearsAndNotLaterThanEightYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=abev_LaterThanEightYearsAndNotLaterThanTenYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=abev_LaterThanEightYearsAndNotLaterThanTenYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>117
<FILENAME>R103.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444510208">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Net Change in Deferred Income Tax and Social Contribution (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract', window );"><strong>Deferred Income Tax And Social Contribution</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Net deferred tax liabilities</a></td>
<td class="nump">R$ 2,713.1<span></span>
</td>
<td class="nump">R$ 1,513.7<span></span>
</td>
<td class="nump">R$ 1,517.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome', window );">Recognition of actuarial gains/(losses)</a></td>
<td class="num">(146.9)<span></span>
</td>
<td class="num">(116.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome', window );">Investment hedge - put option of a subsidiary interest</a></td>
<td class="num">(105.0)<span></span>
</td>
<td class="num">(99.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome', window );">Cash flow hedge - gains/(losses)</a></td>
<td class="nump">41.3<span></span>
</td>
<td class="num">(239.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome', window );">Gains/(losses) on translation of other foreign operations</a></td>
<td class="num">(419.3)<span></span>
</td>
<td class="nump">398.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome', window );">Recognized in other comprehensive income</a></td>
<td class="num">(629.9)<span></span>
</td>
<td class="num">(58.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DeferredTaxExpenseIncomes', window );">Recognized in the income statement</a></td>
<td class="nump">2,374.5<span></span>
</td>
<td class="nump">632.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet', window );">Changes directly in the balance sheet</a></td>
<td class="num">(545.2)<span></span>
</td>
<td class="num">(577.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet', window );">Recognized in deferred tax</a></td>
<td class="num">(595.5)<span></span>
</td>
<td class="num">(256.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="num">(595.5)<span></span>
</td>
<td class="num">(256.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet', window );">Recognized in other balance sheet group</a></td>
<td class="nump">R$ 50.3<span></span>
</td>
<td class="num">R$ (321.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The changes to the amounts in the deferred tax and liabilities related to adoption of new accounting policy in the balance sheet.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The changes related to the deferred tax recognized in the other group in the balance sheet.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DeferredTaxExpenseIncomes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DeferredTaxExpenseIncomes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The direct changes to the amounts in the deferred tax and liabilities in the balance sheet.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to hedges of investments regarding put options of a subsidiary interest in equity instruments that the entity has designated at fair value through other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total changes related to deferred income tax and social contributions affecting the balance sheet.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph ab<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 90<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to changes in a revaluation surplus of property, plant and equipment, right-of-use assets and intangible assets. [Refer: Revaluation surplus; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph ab<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 90<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph ab<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 90<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax relating to amounts recognised in other comprehensive income in relation to exchange differences on the translation of financial statements of foreign operations. [Refer: Other comprehensive income; Reserve of exchange differences on translation]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 81<br> -Subparagraph ab<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81_ab&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 90<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_90&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131423035248">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract', window );"><strong>Deferred Income Tax And Social Contribution</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxCreditRelatedToTaxLosses', window );">Tax credit related to tax losses</a></td>
<td class="nump">R$ 875.3<span></span>
</td>
<td class="nump">R$ 1,055.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TaxLossesCarriedForwardInRelationToCredit', window );">Tax loses carried forward in relation to credit</a></td>
<td class="nump">R$ 3,359.5<span></span>
</td>
<td class="nump">R$ 4,122.5<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureDeferredIncomeTaxAndSocialContributionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxCreditRelatedToTaxLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of unused tax losses for which no deferred tax asset is recognised in the statement of financial position and the amount of deductible temporary differences for which no deferred tax asset is recognised in the statement of financial position..</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxCreditRelatedToTaxLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TaxLossesCarriedForwardInRelationToCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of unused tax losses for which no deferred tax asset is recognised and have no carryforward limit.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TaxLossesCarriedForwardInRelationToCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>119
<FILENAME>R105.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446296096">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>RECOVERABLE TAXES - Recoverable Taxes (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsNoncurrent', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 6,708.8<span></span>
</td>
<td class="nump">R$ 6,005.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,044.8<span></span>
</td>
<td class="nump">1,981.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,753.6<span></span>
</td>
<td class="nump">7,986.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_PISCOFINSExclusionOfICMSMember', window );">PIS COFINS exclusion of ICMS [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsNoncurrent', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5,992.8<span></span>
</td>
<td class="nump">5,360.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">73.5<span></span>
</td>
<td class="nump">517.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ICMSMember', window );">ICMS [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsNoncurrent', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">423.2<span></span>
</td>
<td class="nump">383.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">542.2<span></span>
</td>
<td class="nump">565.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_OtherTemporaryDifferencesMember', window );">Other temporary differences [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsNoncurrent', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">292.8<span></span>
</td>
<td class="nump">261.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">55.4<span></span>
</td>
<td class="nump">81.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_PiscofinsMember', window );">Piscofins [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">242.7<span></span>
</td>
<td class="nump">648.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_IPIMember', window );">IPI [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCreditAssetsCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 131.0<span></span>
</td>
<td class="nump">R$ 168.6<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">As detailed in Note 30 - <i>Contingencies</i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS from
the calculation basis. The corresponding entry for recognition is recorded in the item PIS/COFINS - exclusion of ICMS, according
to the table above.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RecoverableTaxCreditAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of recoverable tax credit assets.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RecoverableTaxCreditAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RecoverableTaxCreditAssetsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of recoverable tax credit assets, classified as current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RecoverableTaxCreditAssetsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RecoverableTaxCreditAssetsNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of recoverable tax credit assets, classified as non-current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RecoverableTaxCreditAssetsNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_PISCOFINSExclusionOfICMSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_PISCOFINSExclusionOfICMSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ICMSMember">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_ICMSMember</td>
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<tr>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_OtherTemporaryDifferencesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=ifrs-full_OtherTemporaryDifferencesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_PiscofinsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_IPIMember</td>
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<DOCUMENT>
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<FILENAME>R106.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131452895888">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>INVENTORY - Schedule of Inventory (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InventoryAbstract', window );"><strong>Inventory</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinishedGoods', window );">Finished goods&#160;</a></td>
<td class="nump">R$ 4,094.0<span></span>
</td>
<td class="nump">R$ 3,626.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WorkInProgress', window );">Work in progress</a></td>
<td class="nump">845.7<span></span>
</td>
<td class="nump">672.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RawMaterials', window );">Raw materials and consumables</a></td>
<td class="nump">6,798.3<span></span>
</td>
<td class="nump">5,306.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SpareParts', window );">Spare parts and others</a></td>
<td class="nump">986.9<span></span>
</td>
<td class="nump">906.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPrepayments', window );">Prepayments</a></td>
<td class="nump">358.3<span></span>
</td>
<td class="nump">645.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InventoriesImpairmentLosses', window );">Impairment losses</a></td>
<td class="num">(160.2)<span></span>
</td>
<td class="num">(157.8)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Total&#160;</a></td>
<td class="nump">R$ 12,923.0<span></span>
</td>
<td class="nump">R$ 11,000.3<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InventoriesImpairmentLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment losses related to inventories.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InventoriesImpairmentLosses</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InventoryAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPrepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current prepayments. [Refer: Prepayments]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPrepayments</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinishedGoods">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of current inventory representing the amount of goods that have completed the production process and are held for sale in the ordinary course of business. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinishedGoods</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 36<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 68<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RawMaterials">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of current inventory representing the amount of assets to be consumed in the production process or in the rendering of services. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RawMaterials</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SpareParts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of current inventory representing the amount of interchangeable parts that are kept in an inventory and are used for the repair or replacement of failed parts. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SpareParts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WorkInProgress">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of current inventory representing the amount of assets currently in production, which require further processes to be converted into finished goods or services. [Refer: Current finished goods; Inventories]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 37<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WorkInProgress</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>121
<FILENAME>R107.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131442873392">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INVENTORY - Changes in Impairment Losses on Inventory (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="num">R$ (32.2)<span></span>
</td>
<td class="nump">R$ 0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Write-off</a></td>
<td class="num">(455.2)<span></span>
</td>
<td class="num">(286.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_InventoryProvisionMember', window );">Inventory Provision [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">At December 31, 2022</a></td>
<td class="num">(160.2)<span></span>
</td>
<td class="num">(157.8)<span></span>
</td>
<td class="num">R$ (141.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">17.8<span></span>
</td>
<td class="num">(2.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NewProvisionsOtherProvisions', window );">Provisions</a></td>
<td class="num">(305.8)<span></span>
</td>
<td class="num">(191.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Write-off</a></td>
<td class="nump">R$ 285.6<span></span>
</td>
<td class="nump">R$ 176.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in other provisions resulting from foreign currency exchange rate changes on provisions measured in a currency different from the entity's presentation currency. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NewProvisionsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recognised for new other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NewProvisionsOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions other than provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionUsedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount used (ie incurred and charged against the provision) for other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionUsedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=abev_InventoryProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=abev_InventoryProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>122
<FILENAME>R108.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448473456">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>TRADE RECEIVABLES - Current Trade Receivables (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesAbstract', window );"><strong>Trade Receivables</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">R$ 5,737.5<span></span>
</td>
<td class="nump">R$ 5,304.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="num">(679.1)<span></span>
</td>
<td class="num">(668.3)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables&#160;</a></td>
<td class="nump">5,058.4<span></span>
</td>
<td class="nump">4,636.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties', window );">Related parties (Note 31)</a></td>
<td class="nump">290.7<span></span>
</td>
<td class="nump">155.2<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Total current trade receivables&#160;</a></td>
<td class="nump">R$ 5,349.1<span></span>
</td>
<td class="nump">R$ 4,791.6<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_BadDebtProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of bad debt provisions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_BadDebtProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables, net of bad debt provisions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CurrentTradeReceivablesNetOfBadDebtProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TradeReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TradeReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 68<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph h<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables due from related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
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<SEQUENCE>123
<FILENAME>R109.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446101232">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>TRADE RECEIVABLES - Aging of Our Current Trade Receivables (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">R$ 5,737.5<span></span>
</td>
<td class="nump">R$ 5,304.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="num">(679.1)<span></span>
</td>
<td class="num">(668.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">5,058.4<span></span>
</td>
<td class="nump">4,636.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">4,573.0<span></span>
</td>
<td class="nump">4,201.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="nump">0.0<span></span>
</td>
<td class="num">(10.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">4,573.0<span></span>
</td>
<td class="nump">4,191.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=abev_LessThanOneMonthMember', window );">Less than one month [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">343.8<span></span>
</td>
<td class="nump">358.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">343.8<span></span>
</td>
<td class="nump">358.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember', window );">Later than one month and not later than two months [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">100.5<span></span>
</td>
<td class="nump">52.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="num">(0.3)<span></span>
</td>
<td class="nump">0.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">100.2<span></span>
</td>
<td class="nump">52.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember', window );">Later than two months and not later than three months [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">49.4<span></span>
</td>
<td class="nump">31.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="num">(10.8)<span></span>
</td>
<td class="num">(2.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">38.6<span></span>
</td>
<td class="nump">29.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=abev_LaterThanThreeMonthsAndLessThanSixMonthsMember', window );">Later than three months and less than six months [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">19.3<span></span>
</td>
<td class="nump">21.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="num">(16.5)<span></span>
</td>
<td class="num">(16.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">2.8<span></span>
</td>
<td class="nump">5.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=abev_LaterThanSixMonthsAndLessThan12MonthsMember', window );">Later than six months and less than 12 months [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">40.2<span></span>
</td>
<td class="nump">33.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="num">(40.2)<span></span>
</td>
<td class="num">(33.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=abev_LaterThanAYearMember', window );">Later than a year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Trade receivables</a></td>
<td class="nump">611.3<span></span>
</td>
<td class="nump">605.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_BadDebtProvisions', window );">Bad debt provision</a></td>
<td class="num">(611.3)<span></span>
</td>
<td class="num">(605.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions', window );">Net, trade receivables</a></td>
<td class="nump">R$ (0.0)<span></span>
</td>
<td class="nump">R$ (0.0)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_BadDebtProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of bad debt provisions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_BadDebtProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CurrentTradeReceivablesNetOfBadDebtProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables, net of bad debt provisions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CurrentTradeReceivablesNetOfBadDebtProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 68<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=abev_LessThanOneMonthMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=abev_LessThanOneMonthMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=abev_LaterThanThreeMonthsAndLessThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=abev_LaterThanThreeMonthsAndLessThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=abev_LaterThanSixMonthsAndLessThan12MonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=abev_LaterThanSixMonthsAndLessThan12MonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=abev_LaterThanAYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=abev_LaterThanAYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>124
<FILENAME>R110.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446661968">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule of changes in bad debt provision (Details) - Bad Debt Provision [Member] - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">At December 31, 2022</a></td>
<td class="num">R$ (679.1)<span></span>
</td>
<td class="num">R$ (668.3)<span></span>
</td>
<td class="num">R$ (676.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1', window );">Effects of movements in foreign exchange in the balance sheet</a></td>
<td class="nump">14.0<span></span>
</td>
<td class="num">(5.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NewProvisionsOtherProvisions', window );">Provisions</a></td>
<td class="num">(47.0)<span></span>
</td>
<td class="num">(32.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_UnusedProvisionReversedOtherProvisions', window );">Reversals</a></td>
<td class="nump">1.7<span></span>
</td>
<td class="nump">21.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionUsedOtherProvisions1', window );">Write-off</a></td>
<td class="nump">R$ 20.5<span></span>
</td>
<td class="nump">R$ 24.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProvisionUsedOtherProvisions1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProvisionUsedOtherProvisions1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NewProvisionsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recognised for new other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NewProvisionsOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions other than provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnusedProvisionReversedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount reversed for unused other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnusedProvisionReversedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=abev_BadDebtProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=abev_BadDebtProvisionMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</DOCUMENT>
<DOCUMENT>
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<SEQUENCE>125
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131457046048">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>CASH AND CASH EQUIVALENTS - Components of Cash and Cash Equivalents (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsAbstract', window );"><strong>Cash and cash equivalents [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents', window );">Short-term bank deposits</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 8,655.2<span></span>
</td>
<td class="nump">R$ 11,393.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BalancesWithBanks', window );">Current bank accounts</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,990.3<span></span>
</td>
<td class="nump">4,582.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashOnHand', window );">Cash</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">280.9<span></span>
</td>
<td class="nump">651.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,926.4<span></span>
</td>
<td class="nump">16,627.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents', window );">Bank overdrafts</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(74.3)<span></span>
</td>
<td class="num">(30.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition', window );">Cash and cash equivalents less bank overdraft</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 14,852.1<span></span>
</td>
<td class="nump">R$ 16,597.2<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The balance refers mostly to Bank Deposit Certificates (&#8220;CDB&#8221;), with high liquidity, which are readily convertible into known
amounts of cash and which are subject to an insignificant risk of change in value.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BalancesWithBanks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash balances held at banks.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BalancesWithBanks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BankOverdraftsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount that has been withdrawn from an account in excess of existing cash balances. This is considered a short-term extension of credit by the bank. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BankOverdraftsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B13<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents in the statement of cash flows when different from the amount of cash and cash equivalents in the statement of financial position. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashOnHand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of cash held by the entity. This does not include demand deposits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashOnHand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A classification of cash equivalents representing short-term deposits. [Refer: Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450645328">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CASH AND CASH EQUIVALENTS (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsAbstract', window );"><strong>Cash and cash equivalents [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ShorttermDepositsGuaranteeDeposits', window );">Short-term deposits, guarantee deposits</a></td>
<td class="nump">R$ 3,083<span></span>
</td>
<td class="nump">R$ 2,858<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ShorttermDepositsGuaranteeDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Amount of guarantee deposits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ShorttermDepositsGuaranteeDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131457120368">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Capital Stock (Details) - BRL (R$)<br> shares in Millions, R$ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2022</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 83,327.8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 84,017.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 75,151.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">84,017.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">75,151.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">62,556.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Issue of equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 23.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 9.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_IssuedCapitalMember', window );">Issued capital [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EquitySharesOutstanding', window );">abev_EquitySharesOutstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">15,750.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,744.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,735.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 58,130.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 58,042.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 57,899.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EquitySharesOutstanding', window );">abev_EquitySharesOutstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,744.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">15,735.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">15,733.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 58,042.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 57,899.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 57,866.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IssueOfEquityShares', window );">abev_IssueOfEquityShares</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5.8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9.3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Issue of equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 88.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 143.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 32.3<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The capital stock is fully subscribed and paid up.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Capital increase related to the issue of shares.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EquitySharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of equity shares outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EquitySharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IssueOfEquityShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IssueOfEquityShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssueOfEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of equity instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssueOfEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_IssuedCapitalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_IssuedCapitalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>128
<FILENAME>R114.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131423054240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Capital Reserves (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Beginning balance, capital reserves</a></td>
<td class="nump">R$ 86,378.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Final balance, capital reserves</a></td>
<td class="nump">92,246.6<span></span>
</td>
<td class="nump">R$ 86,378.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember', window );">Treasury shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Beginning balance, capital reserves</a></td>
<td class="num">(1,037.8)<span></span>
</td>
<td class="num">(941.7)<span></span>
</td>
<td class="num">R$ (955.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughEquityIncrease', window );">Capital Increase</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(60.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve', window );">Purchases of shares and results from treasury shares</a></td>
<td class="num">(35.6)<span></span>
</td>
<td class="num">(36.1)<span></span>
</td>
<td class="nump">13.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Final balance, capital reserves</a></td>
<td class="num">(1,073.4)<span></span>
</td>
<td class="num">(1,037.8)<span></span>
</td>
<td class="num">(941.7)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_SharePremiumMember', window );">Share premium [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Beginning balance, capital reserves</a></td>
<td class="nump">53,662.8<span></span>
</td>
<td class="nump">53,662.8<span></span>
</td>
<td class="nump">53,662.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughEquityIncrease', window );">Capital Increase</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve', window );">Purchases of shares and results from treasury shares</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Final balance, capital reserves</a></td>
<td class="nump">53,662.8<span></span>
</td>
<td class="nump">53,662.8<span></span>
</td>
<td class="nump">53,662.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_OtherReservesMember', window );">Other reserves [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Beginning balance, capital reserves</a></td>
<td class="nump">700.9<span></span>
</td>
<td class="nump">700.9<span></span>
</td>
<td class="nump">700.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughEquityIncrease', window );">Capital Increase</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve', window );">Purchases of shares and results from treasury shares</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Final balance, capital reserves</a></td>
<td class="nump">700.9<span></span>
</td>
<td class="nump">700.9<span></span>
</td>
<td class="nump">700.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfSharebasedPaymentsMember', window );">Reserve of share-based payments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Beginning balance, capital reserves</a></td>
<td class="nump">1,861.3<span></span>
</td>
<td class="nump">1,563.6<span></span>
</td>
<td class="nump">1,403.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughEquityIncrease', window );">Capital Increase</a></td>
<td class="num">(64.2)<span></span>
</td>
<td class="num">(74.4)<span></span>
</td>
<td class="num">(32.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve', window );">Purchases of shares and results from treasury shares</a></td>
<td class="nump">252.4<span></span>
</td>
<td class="nump">372.1<span></span>
</td>
<td class="nump">192.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Final balance, capital reserves</a></td>
<td class="nump">2,049.5<span></span>
</td>
<td class="nump">1,861.3<span></span>
</td>
<td class="nump">1,563.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_CapitalReserveMember', window );">Capital reserve [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Beginning balance, capital reserves</a></td>
<td class="nump">55,187.2<span></span>
</td>
<td class="nump">54,985.6<span></span>
</td>
<td class="nump">54,811.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughEquityIncrease', window );">Capital Increase</a></td>
<td class="num">(64.2)<span></span>
</td>
<td class="num">(134.4)<span></span>
</td>
<td class="num">(32.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve', window );">Purchases of shares and results from treasury shares</a></td>
<td class="nump">216.8<span></span>
</td>
<td class="nump">336.0<span></span>
</td>
<td class="nump">206.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Final balance, capital reserves</a></td>
<td class="nump">R$ 55,339.8<span></span>
</td>
<td class="nump">R$ 55,187.2<span></span>
</td>
<td class="nump">R$ 54,985.6<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseThroughEquityIncrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of increase (decrease) through equity increase.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseThroughEquityIncrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in capital reserve resulting from treasury share transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CapitalReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the capital reserves.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CapitalReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_SharePremiumMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_OtherReservesMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_ReserveOfSharebasedPaymentsMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_CapitalReserveMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>129
<FILENAME>R115.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456824672">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Treasury Shares (Details) - BRL (R$)<br> shares in Millions, R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureChangesInEquityAbstract', window );"><strong>Changes In Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesAcquiredrealizedOutstanding', window );">Balance, treasury shares acquired/realized (in shares)</a></td>
<td class="nump">5.8<span></span>
</td>
<td class="nump">0.2<span></span>
</td>
<td class="nump">3.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesAcquiredrealizedOutstandingAmount', window );">Balance, treasury shares acquired/realized, amount</a></td>
<td class="num">R$ (98.3)<span></span>
</td>
<td class="num">R$ (3.2)<span></span>
</td>
<td class="num">R$ (68.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesHeld', window );">Balance, treasury shares (in shares)</a></td>
<td class="num">(939.5)<span></span>
</td>
<td class="num">(938.5)<span></span>
</td>
<td class="num">(887.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">Balance, treasury shares, amount</a></td>
<td class="num">R$ (1,037.8)<span></span>
</td>
<td class="num">R$ (941.7)<span></span>
</td>
<td class="num">R$ (955.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesAcquiredRealizedDuringThePeriod', window );">Changes during the year, treasury shares acquired/realized (in shares)</a></td>
<td class="nump">2.7<span></span>
</td>
<td class="nump">5.6<span></span>
</td>
<td class="num">(3.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount', window );">Changes during the year, treasury shares acquired/realized, amount</a></td>
<td class="num">R$ (33.5)<span></span>
</td>
<td class="num">R$ (95.1)<span></span>
</td>
<td class="nump">R$ 65.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesChangeDuringThePeriod', window );">Changes during the year, treasury shares (in shares)</a></td>
<td class="num">(2.1)<span></span>
</td>
<td class="num">(1.0)<span></span>
</td>
<td class="num">(51.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesChangeDuringThePeriodValue', window );">Changes during the year, treasury shares, amount</a></td>
<td class="num">R$ (35.6)<span></span>
</td>
<td class="num">R$ (96.1)<span></span>
</td>
<td class="nump">R$ 13.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesAcquiredrealizedOutstanding', window );">Balance, treasury shares acquired/realized (in shares)</a></td>
<td class="nump">8.5<span></span>
</td>
<td class="nump">5.8<span></span>
</td>
<td class="nump">0.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesAcquiredrealizedOutstandingAmount', window );">Balance, treasury shares acquired/realized, amount</a></td>
<td class="num">R$ (131.8)<span></span>
</td>
<td class="num">R$ (98.3)<span></span>
</td>
<td class="num">R$ (3.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TreasurySharesHeld', window );">Balance, treasury shares (in shares)</a></td>
<td class="num">(941.6)<span></span>
</td>
<td class="num">(939.5)<span></span>
</td>
<td class="num">(938.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">Balance, treasury shares, amount</a></td>
<td class="num">R$ (1,073.4)<span></span>
</td>
<td class="num">R$ (1,037.8)<span></span>
</td>
<td class="num">R$ (941.7)<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureChangesInEquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureChangesInEquityAbstract</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TreasurySharesAcquiredRealizedDuringThePeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of treasury shares acquired/realized during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TreasurySharesAcquiredRealizedDuringThePeriod</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of treasury shares acquired/realized during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TreasurySharesAcquiredrealizedDuringThePeriodAmount</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TreasurySharesAcquiredrealizedOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of treasury shares acquired/realized that are outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TreasurySharesAcquiredrealizedOutstanding</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TreasurySharesAcquiredrealizedOutstandingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of treasury shares acquired/realized that are outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TreasurySharesAcquiredrealizedOutstandingAmount</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TreasurySharesChangeDuringThePeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The change in treasury shares during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TreasurySharesChangeDuringThePeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TreasurySharesChangeDuringThePeriodValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of the changes to treasury shares during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TreasurySharesChangeDuringThePeriodValue</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TreasurySharesHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of treasury shares held by the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TreasurySharesHeld</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>An entity&#8217;s own equity instruments, held by the entity or other members of the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2022-03-24<br> -Paragraph 34<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>130
<FILENAME>R116.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446044928">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Net Income Reserves (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">R$ 84,017.6<span></span>
</td>
<td class="nump">R$ 75,151.2<span></span>
</td>
<td class="nump">R$ 62,556.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">83,327.8<span></span>
</td>
<td class="nump">84,017.6<span></span>
</td>
<td class="nump">75,151.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_NetIncomeReservesInvestmentReserveMember', window );">Net income reserves, investment reserve [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">18,359.2<span></span>
</td>
<td class="nump">14,511.1<span></span>
</td>
<td class="nump">10,798.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="nump">3,696.7<span></span>
</td>
<td class="nump">3,848.1<span></span>
</td>
<td class="nump">3,713.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">22,055.9<span></span>
</td>
<td class="nump">18,359.2<span></span>
</td>
<td class="nump">14,511.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_NetIncomeReservesLegalReserveMember', window );">Net Income Reserves Legal Reserve [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">4.5<span></span>
</td>
<td class="nump">4.5<span></span>
</td>
<td class="nump">4.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">4.5<span></span>
</td>
<td class="nump">4.5<span></span>
</td>
<td class="nump">4.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_NetIncomeReservesFiscalIncentiveMember', window );">Net income reserves, fiscal incentive [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">12,827.9<span></span>
</td>
<td class="nump">11,404.4<span></span>
</td>
<td class="nump">10,071.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="nump">2,018.7<span></span>
</td>
<td class="nump">1,423.5<span></span>
</td>
<td class="nump">1,332.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">14,846.6<span></span>
</td>
<td class="nump">12,827.9<span></span>
</td>
<td class="nump">11,404.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_NetIncomeReserveMember', window );">Net Income Reserve [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">31,191.6<span></span>
</td>
<td class="nump">25,920.0<span></span>
</td>
<td class="nump">20,874.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInFiscalIncentiveReserve', window );">Fiscal incentive reserve</a></td>
<td class="nump">2,018.7<span></span>
</td>
<td class="nump">1,423.5<span></span>
</td>
<td class="nump">1,332.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInvestmentsReserve', window );">Investments reserve</a></td>
<td class="nump">3,696.7<span></span>
</td>
<td class="nump">3,848.1<span></span>
</td>
<td class="nump">3,713.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">R$ 36,907.0<span></span>
</td>
<td class="nump">R$ 31,191.6<span></span>
</td>
<td class="nump">R$ 25,920.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseInFiscalIncentiveReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the fiscal incentive reserve.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseInFiscalIncentiveReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseInvestmentsReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investments reserve.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseInvestmentsReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_NetIncomeReservesInvestmentReserveMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_NetIncomeReservesLegalReserveMember</td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_NetIncomeReservesFiscalIncentiveMember</td>
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<DOCUMENT>
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<FILENAME>R117.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131445989920">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Interest on Shareholders' Equity Dividends (Details) - BRL (R$)<br> R$ / shares in Units, R$ in Millions</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 05, 2022</div></th>
<th class="th"><div>Dec. 07, 2021</div></th>
<th class="th"><div>Dec. 09, 2020</div></th>
<th class="th"><div>Dec. 29, 2022</div></th>
<th class="th"><div>Dec. 30, 2021</div></th>
<th class="th"><div>Dec. 21, 2020</div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureChangesInEquityAbstract', window );"><strong>Changes In Equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDividendsAmountPerShare', window );">Amount per share, dividends (in BRL per share)</a></td>
<td class="nump">R$ 0.7623<span></span>
</td>
<td class="nump">R$ 0.1334<span></span>
</td>
<td class="nump">R$ 0.4137<span></span>
</td>
<td class="nump">R$ 0.7623<span></span>
</td>
<td class="nump">R$ 0.1334<span></span>
</td>
<td class="nump">R$ 0.0767<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.0767<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDividendsAmount', window );">Amount, dividends</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 11,999.8<span></span>
</td>
<td class="nump">R$ 2,099.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,206.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDistributionAndDividendAmount', window );">Total amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 11,999.8<span></span>
</td>
<td class="nump">R$ 9,499.6<span></span>
</td>
<td class="nump">R$ 7,716.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDistributionAmountPerShare', window );">Amount per share, distribution (in BRL per share)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.4702<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.4137<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDistributionAmount', window );">Amount, distribution</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 7,400.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 6,509.5<span></span>
</td>
</tr>
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<div style="display: none;">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureChangesInEquityAbstract</td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of distribution for interest on shareholder's equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount per share of distribution for interest on shareholder's equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of distribution and dividend for interest on shareholder's equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends for interest on shareholder's equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The per share amount of dividends for interest on shareholder's equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InterestOnShareholdersEquityDividendsAmountPerShare</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>132
<FILENAME>R118.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444988976">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Carrying Value Adjustments (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">R$ 84,017.6<span></span>
</td>
<td class="nump">R$ 75,151.2<span></span>
</td>
<td class="nump">R$ 62,556.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="num">(6,863.2)<span></span>
</td>
<td class="nump">2,558.0<span></span>
</td>
<td class="nump">7,686.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="num">(318.7)<span></span>
</td>
<td class="nump">481.3<span></span>
</td>
<td class="nump">101.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">470.7<span></span>
</td>
<td class="nump">340.0<span></span>
</td>
<td class="num">(258.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="nump">8,180.0<span></span>
</td>
<td class="nump">16,501.9<span></span>
</td>
<td class="nump">19,261.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="num">(3.1)<span></span>
</td>
<td class="num">(37.6)<span></span>
</td>
<td class="nump">0.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">6.2<span></span>
</td>
<td class="nump">1.7<span></span>
</td>
<td class="nump">5.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">83,327.8<span></span>
</td>
<td class="nump">84,017.6<span></span>
</td>
<td class="nump">75,151.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsTranslationReservesMember', window );">Carrying value adjustments, translation reserves [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">13,526.2<span></span>
</td>
<td class="nump">11,076.5<span></span>
</td>
<td class="nump">3,583.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="num">(6,772.2)<span></span>
</td>
<td class="nump">2,449.7<span></span>
</td>
<td class="nump">7,493.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="num">(6,772.2)<span></span>
</td>
<td class="nump">2,449.7<span></span>
</td>
<td class="nump">7,493.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">6,754.0<span></span>
</td>
<td class="nump">13,526.2<span></span>
</td>
<td class="nump">11,076.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsCashFlowHedgeMember', window );">Carrying value adjustments, cash flow hedge [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">1,225.3<span></span>
</td>
<td class="nump">744.5<span></span>
</td>
<td class="nump">645.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="num">(316.7)<span></span>
</td>
<td class="nump">480.8<span></span>
</td>
<td class="nump">99.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="num">(316.7)<span></span>
</td>
<td class="nump">480.8<span></span>
</td>
<td class="nump">99.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">908.6<span></span>
</td>
<td class="nump">1,225.3<span></span>
</td>
<td class="nump">744.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsActuarialGainslossesMember', window );">Carrying value adjustments, actuarial gains/losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="num">(1,131.5)<span></span>
</td>
<td class="num">(1,473.3)<span></span>
</td>
<td class="num">(1,221.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">466.5<span></span>
</td>
<td class="nump">341.8<span></span>
</td>
<td class="num">(252.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="nump">466.5<span></span>
</td>
<td class="nump">341.8<span></span>
</td>
<td class="num">(252.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="num">(665.0)<span></span>
</td>
<td class="num">(1,131.5)<span></span>
</td>
<td class="num">(1,473.3)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember', window );">Carrying value adjustments, put option granted on subsidiary [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="num">(6.9)<span></span>
</td>
<td class="num">(5.0)<span></span>
</td>
<td class="num">(50.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1.9)<span></span>
</td>
<td class="nump">45.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="num">(6.9)<span></span>
</td>
<td class="num">(6.9)<span></span>
</td>
<td class="num">(5.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember', window );">Carrying value adjustments, gains (losses) of non-controlling interest's share [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="num">(121.5)<span></span>
</td>
<td class="num">(73.6)<span></span>
</td>
<td class="nump">14.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(82.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="num">(2.8)<span></span>
</td>
<td class="num">(46.2)<span></span>
</td>
<td class="nump">0.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="num">(6.2)<span></span>
</td>
<td class="num">(1.7)<span></span>
</td>
<td class="num">(5.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="num">(130.5)<span></span>
</td>
<td class="num">(121.5)<span></span>
</td>
<td class="num">(73.6)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsBusinessCombinationMember', window );">Carrying value adjustments, business combination [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="nump">156.1<span></span>
</td>
<td class="nump">156.1<span></span>
</td>
<td class="nump">156.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="nump">156.1<span></span>
</td>
<td class="nump">156.1<span></span>
</td>
<td class="nump">156.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember', window );">Carrying value adjustments, accounting adjustments for transactions between shareholders [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="num">(75,426.0)<span></span>
</td>
<td class="num">(75,414.2)<span></span>
</td>
<td class="num">(75,402.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="num">(118.0)<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="num">(75,437.8)<span></span>
</td>
<td class="num">(75,426.0)<span></span>
</td>
<td class="num">(75,414.2)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsMember', window );">Carrying Value Adjustments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At January 1, 2022</a></td>
<td class="num">(61,778.3)<span></span>
</td>
<td class="num">(64,989.0)<span></span>
</td>
<td class="num">(72,274.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="num">(6,772.2)<span></span>
</td>
<td class="nump">2,449.7<span></span>
</td>
<td class="nump">7,493.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="num">(316.7)<span></span>
</td>
<td class="nump">480.8<span></span>
</td>
<td class="nump">99.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">466.5<span></span>
</td>
<td class="nump">341.8<span></span>
</td>
<td class="num">(252.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="num">(6,622.4)<span></span>
</td>
<td class="nump">3,272.3<span></span>
</td>
<td class="nump">7,340.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="num">(2.8)<span></span>
</td>
<td class="num">(46.2)<span></span>
</td>
<td class="nump">0.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="nump">6.2<span></span>
</td>
<td class="nump">1.7<span></span>
</td>
<td class="nump">5.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="num">(11.8)<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
<td class="num">(11.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Equity', window );">At December 31, 2022</a></td>
<td class="num">(68,421.5)<span></span>
</td>
<td class="num">(61,778.3)<span></span>
</td>
<td class="num">(64,989.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentMember', window );">Carrying Value Adjustment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation', window );">Gains/(losses) on the translation of foreign operations</a></td>
<td class="num">(6,772.2)<span></span>
</td>
<td class="nump">2,449.7<span></span>
</td>
<td class="nump">7,493.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Cash flow hedges</a></td>
<td class="num">(316.7)<span></span>
</td>
<td class="nump">480.8<span></span>
</td>
<td class="nump">99.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation', window );">Actuarial gains/(losses)</a></td>
<td class="nump">466.5<span></span>
</td>
<td class="nump">341.8<span></span>
</td>
<td class="num">(252.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income</a></td>
<td class="num">(6,622.4)<span></span>
</td>
<td class="nump">3,272.3<span></span>
</td>
<td class="nump">7,340.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity', window );">Options granted on subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1.9)<span></span>
</td>
<td class="num">(37.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners', window );">Gains/(losses) on controlling interest</a></td>
<td class="num">(2.8)<span></span>
</td>
<td class="num">(46.2)<span></span>
</td>
<td class="nump">0.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity', window );">Tax on deemed dividends</a></td>
<td class="num">(6.2)<span></span>
</td>
<td class="num">(1.7)<span></span>
</td>
<td class="num">(5.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="num">R$ (11.8)<span></span>
</td>
<td class="num">R$ (11.8)<span></span>
</td>
<td class="num">R$ (11.8)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in equity resulting from tax on fictitious dividends.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount increase (decrease) in equity through the options granted on subsidiary.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The reversal effect revaluation of fixed assets under the predecessor basis accounting.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph B10<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81A<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 24<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from transactions with owners.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 106<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges</td>
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<tr>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, after reclassification adjustments, related to exchange differences when financial statements of foreign operations are translated. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) in relation to changes in the revaluation surplus of property, plant and equipment, right-of-use assets and intangible assets. [Refer: Other comprehensive income; Revaluation surplus]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 91<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation</td>
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<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsTranslationReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsTranslationReservesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsCashFlowHedgeMember</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsActuarialGainslossesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsActuarialGainslossesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
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<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsBusinessCombinationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsBusinessCombinationMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentsMember</td>
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<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=abev_CarryingValueAdjustmentMember</td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450363312">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Diluted Earnings (Details) - shares<br> shares in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureChangesInEquityAbstract', window );"><strong>Changes In Equity</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">Weighted average number of shares at December 31&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">15,741.9<span></span>
</td>
<td class="nump">15,736.9<span></span>
</td>
<td class="nump">15,733.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares', window );">Effect of shares options</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">106.7<span></span>
</td>
<td class="nump">120.5<span></span>
</td>
<td class="nump">134.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustedWeightedAverageShares', window );">Weighted average number of shares (diluted) at December 31</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,848.6<span></span>
</td>
<td class="nump">15,857.4<span></span>
</td>
<td class="nump">15,867.6<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Not including treasury shares.</td>
</tr></table></td></tr>
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<div style="display: none;">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 70<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustedWeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of dilutive potential ordinary shares that relate to the assumed exercise of the entity's share options.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 70<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 70<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>134
<FILENAME>R120.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131457459952">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Calculation of Earnings Per Share (Details) - BRL (R$)<br> R$ / shares in Units, shares in Millions, R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureChangesInEquityAbstract', window );"><strong>Changes In Equity</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Income attributable to the equity holders of Ambev&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 14,457.9<span></span>
</td>
<td class="nump">R$ 12,671.0<span></span>
</td>
<td class="nump">R$ 11,379.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">&#160;Weighted average number of shares (non diluted)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">15,741.9<span></span>
</td>
<td class="nump">15,736.9<span></span>
</td>
<td class="nump">15,733.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">&#160;Basic EPS&#160;&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 0.9184<span></span>
</td>
<td class="nump">R$ 0.8052<span></span>
</td>
<td class="nump">R$ 0.7233<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdjustedWeightedAverageShares1', window );">&#160;Weighted average numbers of shares (diluted)&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,848.6<span></span>
</td>
<td class="nump">15,857.5<span></span>
</td>
<td class="nump">15,867.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">&#160;Diluted EPS&#160;&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 0.9123<span></span>
</td>
<td class="nump">R$ 0.7991<span></span>
</td>
<td class="nump">R$ 0.7171<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Not including treasury shares.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Expressed in Brazilian Reais.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdjustedWeightedAverageShares1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdjustedWeightedAverageShares1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureChangesInEquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureChangesInEquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 66<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 67<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_67&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 70<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2022-03-24<br> -Paragraph 70<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>135
<FILENAME>R121.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446691200">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY - Basis for Dividends (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Net income, attributable to equity holders of Ambev</a></td>
<td class="nump">R$ 14,457.9<span></span>
</td>
<td class="nump">R$ 12,671.0<span></span>
</td>
<td class="nump">R$ 11,379.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_RetainedEarningsMember', window );">Retained earnings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Net income, attributable to equity holders of Ambev</a></td>
<td class="nump">14,457.9<span></span>
</td>
<td class="nump">12,671.0<span></span>
</td>
<td class="nump">11,379.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PrescribedDividends', window );">Prescribed/(complementary) dividends</a></td>
<td class="nump">20.9<span></span>
</td>
<td class="nump">24.7<span></span>
</td>
<td class="nump">26.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting', window );">Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting</a></td>
<td class="nump">11.8<span></span>
</td>
<td class="nump">11.8<span></span>
</td>
<td class="nump">11.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement', window );">Effect of application of IAS 29 (hyperinflation)</a></td>
<td class="nump">3,224.4<span></span>
</td>
<td class="nump">2,063.7<span></span>
</td>
<td class="nump">1,344.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RetainedEarningsBasisForDividendsAndDestinations', window );">Retained earnings basis for dividends and destinations</a></td>
<td class="nump">17,715.0<span></span>
</td>
<td class="nump">14,771.2<span></span>
</td>
<td class="nump">12,762.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsAndInterestOnCapitalPaidBasedOnProfit', window );">Dividends and interest on capital paid based on profit</a></td>
<td class="nump">11,999.8<span></span>
</td>
<td class="nump">9,499.6<span></span>
</td>
<td class="nump">7,716.4<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalOfDividendsAndInterestOnCapital', window );">Total of dividends and interest on capital&#160;</a></td>
<td class="nump">R$ 11,999.8<span></span>
</td>
<td class="nump">R$ 9,499.6<span></span>
</td>
<td class="nump">R$ 7,716.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendPercentageOfNetIncome', window );">Percentage of distributed profit</a></td>
<td class="nump">68.00%<span></span>
</td>
<td class="nump">64.00%<span></span>
</td>
<td class="nump">60.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DividendPercentageOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of net income that will be issued as dividends to shareholders.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DividendPercentageOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DividendsAndInterestOnCapitalPaidBasedOnProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The dividends and interest on capital paid based on profit.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DividendsAndInterestOnCapitalPaidBasedOnProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount increase (decrease) through adoption of new accounting pronouncements.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PrescribedDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of the dividends prescribed.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PrescribedDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RetainedEarningsBasisForDividendsAndDestinations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The retained earnings basis for dividends and destinations.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RetainedEarningsBasisForDividendsAndDestinations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The reversal effect revaluation of fixed assets under the predecessor basis accounting.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TotalOfDividendsAndInterestOnCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The total amount of dividends and interest on capital.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TotalOfDividendsAndInterestOnCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_RetainedEarningsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_RetainedEarningsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>136
<FILENAME>R122.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456980656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CHANGES IN EQUITY (Details Narrative) - BRL (R$)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="7">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 05, 2022</div></th>
<th class="th"><div>Dec. 07, 2021</div></th>
<th class="th"><div>Dec. 09, 2020</div></th>
<th class="th"><div>Dec. 29, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 30, 2021</div></th>
<th class="th"><div>Nov. 30, 2021</div></th>
<th class="th"><div>Mar. 31, 2021</div></th>
<th class="th"><div>Dec. 21, 2020</div></th>
<th class="th"><div>Nov. 30, 2020</div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Adjustments for share-based payments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 313,900<span></span>
</td>
<td class="nump">R$ 387,600<span></span>
</td>
<td class="nump">R$ 208,700<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InvestmentReserveLimitPercentageOfNetIncome', window );">Investment reserve limit percentage of net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_StatutoryReserveLimitPercentageOfNetIncome', window );">Statutory reserve limit percentage of net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_StatutoryReserveLimitOfCapitalStock', window );">Statutory reserve limit of capital stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock', window );">Statutory reserve supplementation cutoff percentage related to capital stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">30.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDividendsAmountPerShare', window );">Amount per share, dividends (in BRL per share)</a></td>
<td class="nump">R$ 0.7623<span></span>
</td>
<td class="nump">R$ 0.1334<span></span>
</td>
<td class="nump">R$ 0.4137<span></span>
</td>
<td class="nump">R$ 0.7623<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.1334<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.0767<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.0767<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDistribution', window );">Interest on shareholders equity distribution</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.6480<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.3996<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.3517<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestOnShareholdersEquityDividendsAmountPerShare1', window );">Interest on shareholders equity dividends amount per share1</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 0.4702<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans', window );">Actuarial loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 56,940<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=ifrs-full_CountryOfDomicileMember', window );">Country of domicile [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MinimumMandatoryDividend', window );">Minimum mandatory dividend</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InterestOnShareholdersEquityDistribution">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InterestOnShareholdersEquityDistribution</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InterestOnShareholdersEquityDividendsAmountPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The per share amount of dividends for interest on shareholder's equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InterestOnShareholdersEquityDividendsAmountPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InterestOnShareholdersEquityDividendsAmountPerShare1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InterestOnShareholdersEquityDividendsAmountPerShare1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InvestmentReserveLimitPercentageOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of net income the entity is willing to place in the investment reserve.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InvestmentReserveLimitPercentageOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_MinimumMandatoryDividend">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The minimum mandatory dividend.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_MinimumMandatoryDividend</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_StatutoryReserveLimitOfCapitalStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of limitation on statutory reserve allocation allowed related to the capital stock.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_StatutoryReserveLimitOfCapitalStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_StatutoryReserveLimitPercentageOfNetIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of net income the entity is willing to place in the statutory reserve.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_StatutoryReserveLimitPercentageOfNetIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The statutory reserve supplementation cutoff percentage related to capital stock.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, before tax, resulting from actuarial gains (losses) arising from changes in demographic assumptions that result in remeasurements of the net defined benefit liability (asset). Demographic assumptions deal with matters such as: (a) mortality; (b) rates of employee turnover, disability and early retirement; (c) the proportion of plan members with dependants who will be eligible for benefits; (d) the proportion of plan members who will select each form of payment option available under the plan terms; and (e) claim rates under medical plans. [Refer: Other comprehensive income, before tax, gains (losses) on remeasurements of defined benefit plans] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForSharebasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Adjustments for share-based payments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForSharebasedPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=ifrs-full_CountryOfDomicileMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=ifrs-full_CountryOfDomicileMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>137
<FILENAME>R123.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131443403392">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>INTEREST-BEARING LOANS AND BORROWING - Liabilities (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">R$ 2,788.1<span></span>
</td>
<td class="nump">R$ 2,253.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">982.6<span></span>
</td>
<td class="nump">847.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember', window );">Secured bank loans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">126.2<span></span>
</td>
<td class="nump">174.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">54.5<span></span>
</td>
<td class="nump">72.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredLoansMember', window );">Other unsecured loans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">328.1<span></span>
</td>
<td class="nump">92.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">144.5<span></span>
</td>
<td class="nump">37.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">2,333.8<span></span>
</td>
<td class="nump">1,986.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">783.6<span></span>
</td>
<td class="nump">653.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember', window );">Unsecured bank loans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">R$ (0.0)<span></span>
</td>
<td class="nump">R$ 84.1<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings and current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>138
<FILENAME>R124.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444910880">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>INTEREST-BEARING LOANS AND BORROWING - Debt Interest Rates (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">R$ 982.6<span></span>
</td>
<td class="nump">R$ 847.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">2,788.1<span></span>
</td>
<td class="nump">2,253.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInUSDollarsMember', window );">Debt denominated in US Dollars [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">6.2<span></span>
</td>
<td class="nump">17.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ (0.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInUSDollarsMember', window );">Debt denominated in US Dollars [member] | Weighted Average [Member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="nump">14.00%<span></span>
</td>
<td class="nump">13.12%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebenturesRelatedToCDIMember', window );">Reais debentures related to CDI [member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">R$ (0.0)<span></span>
</td>
<td class="nump">R$ 83.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">R$ (0.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebenturesRelatedToCDIMember', window );">Reais debentures related to CDI [member] | Weighted Average [Member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11.56%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember', window );">Debt denominated in other Latin American currencies [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">98.8<span></span>
</td>
<td class="nump">R$ 48.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">R$ 322.5<span></span>
</td>
<td class="nump">R$ 177.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember', window );">Debt denominated in other Latin American currencies [member] | Weighted Average [Member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="nump">10.39%<span></span>
</td>
<td class="nump">11.34%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInCADDollarsMember', window );">Debt denominated in CAD Dollars [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">R$ 123.3<span></span>
</td>
<td class="nump">R$ 91.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">R$ 387.7<span></span>
</td>
<td class="nump">R$ 339.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInCADDollarsMember', window );">Debt denominated in CAD Dollars [member] | Weighted Average [Member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="nump">5.32%<span></span>
</td>
<td class="nump">2.49%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtMember', window );">Reais debt [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">R$ 597.6<span></span>
</td>
<td class="nump">R$ 569.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">1,624.7<span></span>
</td>
<td class="nump">1,644.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtMember', window );">Reais debt [member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">12.3<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">R$ 125.1<span></span>
</td>
<td class="nump">R$ (0.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtMember', window );">Reais debt [member] | Weighted Average [Member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="nump">9.43%<span></span>
</td>
<td class="nump">7.33%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtMember', window );">Reais debt [member] | Weighted Average [Member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="nump">9.61%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtRelatedToICMSMember', window );">Reais debt related to ICMS [member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">R$ 113.3<span></span>
</td>
<td class="nump">R$ 37.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">266.4<span></span>
</td>
<td class="nump">92.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtRelatedToICMSMember', window );">Reais debt related to ICMS [member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentPortionOfLongtermBorrowings', window );">Interest-bearing loans and borrowings, current</a></td>
<td class="nump">31.1<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Interest-bearing loans and borrowings, noncurrent</a></td>
<td class="nump">R$ 61.7<span></span>
</td>
<td class="nump">R$ (0.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtRelatedToICMSMember', window );">Reais debt related to ICMS [member] | Weighted Average [Member] | Fixed interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="nump">2.95%<span></span>
</td>
<td class="nump">5.06%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtRelatedToICMSMember', window );">Reais debt related to ICMS [member] | Weighted Average [Member] | Floating interest rate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average rate</a></td>
<td class="nump">6.97%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 7<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentPortionOfLongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentPortionOfLongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInUSDollarsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInUSDollarsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=srt_WeightedAverageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=srt_WeightedAverageMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebenturesRelatedToCDIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=abev_ReaisDebenturesRelatedToCDIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FloatingInterestRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FloatingInterestRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInOtherLatinAmericanCurrenciesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInCADDollarsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=abev_DebtDenominatedInCADDollarsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtRelatedToICMSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=abev_ReaisDebtRelatedToICMSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>139
<FILENAME>R125.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446620896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INTEREST-BEARING LOANS AND BORROWING - Reconciliation of Liabilities (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InterestBearingLoansAndBorrowingAbstract', window );"><strong>Interest-bearing Loans And Borrowing</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings', window );">Balance, current</a></td>
<td class="nump">R$ 982.6<span></span>
</td>
<td class="nump">R$ 847.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Balance, non-current</a></td>
<td class="nump">2,788.1<span></span>
</td>
<td class="nump">R$ 2,253.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromCurrentBorrowings', window );">Proceeds, current</a></td>
<td class="nump">7.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProceedsFromNoncurrentBorrowings', window );">Proceeds, non-current</a></td>
<td class="nump">267.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RepaymentsOfCurrentBorrowings', window );">Payments, current</a></td>
<td class="num">(230.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RepaymentsOfNoncurrentBorrowings', window );">Payments, non-current</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ForeignExchangeEffectOnCurrentBorrowings', window );">Foreign exchange, current</a></td>
<td class="num">(17.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ForeignExchangeEffectOnNoncurrentBorrowings', window );">Foreign exchange, non-current</a></td>
<td class="num">(56.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransferBetweenCurrentAndNoncurrentCurrent', window );">Transfers between current and non-current, current</a></td>
<td class="nump">761.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransferBetweenCurrentAndNoncurrentNoncurrent', window );">Transfers between current and non-current</a></td>
<td class="num">(761.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdditionsToLeaseLiabilityCurrent', window );">New lease agreements, current</a></td>
<td class="nump">469.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdditionsToLeaseLiabilityNoncurrent', window );">New lease agreements, non-current</a></td>
<td class="nump">905.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Interest on leases</a></td>
<td class="nump">159.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities', window );">Payment of lease liabilities, current</a></td>
<td class="num">(1,014.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherMovementsCurrent', window );">Other movements, current</a></td>
<td class="num">(0.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherMovementsNoncurrent', window );">Other movements, non-current</a></td>
<td class="nump">R$ 180.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdditionsToLeaseLiabilityCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to lease liability, current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdditionsToLeaseLiabilityCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdditionsToLeaseLiabilityNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to lease liability, noncurrent.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdditionsToLeaseLiabilityNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ForeignExchangeEffectOnCurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The foreign exchange effect on borrowings classified as current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ForeignExchangeEffectOnCurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ForeignExchangeEffectOnNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The foreign exchange effect on borrowings classified as non-current.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ForeignExchangeEffectOnNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InterestBearingLoansAndBorrowingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InterestBearingLoansAndBorrowingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherMovementsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of other movements in borrowing, current portion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherMovementsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherMovementsNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of other movements in borrowing, non-current portion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherMovementsNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TransferBetweenCurrentAndNoncurrentCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of transfer between current and non-current, current portion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TransferBetweenCurrentAndNoncurrentCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TransferBetweenCurrentAndNoncurrentNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of transfer between current and non-current, non-current ortion.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TransferBetweenCurrentAndNoncurrentNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings and current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2022-03-24<br> -Paragraph 53<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_53_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for payment of lease liabilities, classified as financing activities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromCurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from current borrowings obtained. [Refer: Current borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromCurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from non-current borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfCurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for repayments of current borrowings. [Refer: Current borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfCurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfNoncurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for repayments of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfNoncurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>140
<FILENAME>R126.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448704352">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Net Liability for Defined Benefit Plans (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DefinedBenefitObligationFundedPortionAtPresentValue', window );">Present value of funded obligations</a></td>
<td class="num">R$ (5,476.5)<span></span>
</td>
<td class="num">R$ (7,354.3)<span></span>
</td>
<td class="num">R$ (7,582.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Fair value of plan assets</a></td>
<td class="nump">4,543.3<span></span>
</td>
<td class="nump">5,638.0<span></span>
</td>
<td class="nump">5,533.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_SurplusDeficitInPlan', window );">Present value of net obligations</a></td>
<td class="num">(933.2)<span></span>
</td>
<td class="num">(1,716.3)<span></span>
</td>
<td class="num">(2,048.7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DefinedBenefitObligationUnfundedPortionAtPresentValue', window );">Present value of unfunded obligations</a></td>
<td class="num">(921.0)<span></span>
</td>
<td class="num">(1,165.4)<span></span>
</td>
<td class="num">(1,195.6)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of net obligations&#160;</a></td>
<td class="num">(1,854.2)<span></span>
</td>
<td class="num">(2,881.7)<span></span>
</td>
<td class="num">(3,244.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AssetCeiling', window );">Asset ceiling</a></td>
<td class="num">(163.3)<span></span>
</td>
<td class="num">(180.1)<span></span>
</td>
<td class="num">(160.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan', window );">Net liabilities</a></td>
<td class="num">(2,017.5)<span></span>
</td>
<td class="num">(3,061.8)<span></span>
</td>
<td class="num">(3,404.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherLongTermEmployeeBenefitLiabilities', window );">Other long term employee benefits</a></td>
<td class="num">(87.1)<span></span>
</td>
<td class="num">(104.3)<span></span>
</td>
<td class="num">(105.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net liabilities</a></td>
<td class="num">(2,104.6)<span></span>
</td>
<td class="num">(3,166.1)<span></span>
</td>
<td class="num">(3,510.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Total employee benefit</a></td>
<td class="nump">2,104.6<span></span>
</td>
<td class="nump">3,166.1<span></span>
</td>
<td class="nump">3,510.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=abev_EmployeeBenefitsAssetsMember', window );">Employee benefits assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net liabilities</a></td>
<td class="num">(56.6)<span></span>
</td>
<td class="num">(27.9)<span></span>
</td>
<td class="num">(33.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Total employee benefit</a></td>
<td class="nump">56.6<span></span>
</td>
<td class="nump">27.9<span></span>
</td>
<td class="nump">33.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_EmployeeBenefitLiabilitiesMember', window );">Employee benefit liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net liabilities</a></td>
<td class="nump">2,161.2<span></span>
</td>
<td class="nump">3,194.0<span></span>
</td>
<td class="nump">3,543.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Total employee benefit</a></td>
<td class="num">R$ (2,161.2)<span></span>
</td>
<td class="num">R$ (3,194.0)<span></span>
</td>
<td class="num">R$ (3,543.9)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AssetCeiling">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The present value of benefits available from refunds in the defined benefit plan or reductions in future contributions to the defined benefit plan.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AssetCeiling</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DefinedBenefitObligationFundedPortionAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The present value of the funded portion, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DefinedBenefitObligationFundedPortionAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DefinedBenefitObligationUnfundedPortionAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The present value unfunded portion, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DefinedBenefitObligationUnfundedPortionAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherLongTermEmployeeBenefitLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The other long term employee benefit liabilities of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherLongTermEmployeeBenefitLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PlanAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of defined benefit plan assets. Plan assets comprise assets held by a long-term employee benefit fund and qualifying insurance policies. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PlanAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit in a defined benefit plan. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RecognisedLiabilitiesDefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SurplusDeficitInPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of any plan assets, less the present value of the defined benefit obligation. [Refer: Plan assets [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SurplusDeficitInPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=abev_EmployeeBenefitsAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=abev_EmployeeBenefitsAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_EmployeeBenefitLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_EmployeeBenefitLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>141
<FILENAME>R127.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447940432">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Defined Benefit Obligation (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at January 1</a></td>
<td class="nump">R$ 3,166.1<span></span>
</td>
<td class="nump">R$ 3,510.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset', window );">Service costs</a></td>
<td class="nump">47.0<span></span>
</td>
<td class="nump">58.0<span></span>
</td>
<td class="nump">R$ 51.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at December, 31</a></td>
<td class="nump">2,104.6<span></span>
</td>
<td class="nump">3,166.1<span></span>
</td>
<td class="nump">3,510.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PresentValueOfDefinedBenefitObligationMember', window );">Present value of defined benefit obligation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at January 1</a></td>
<td class="num">(8,519.7)<span></span>
</td>
<td class="num">(8,777.6)<span></span>
</td>
<td class="num">(6,845.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset', window );">Service costs</a></td>
<td class="num">(47.0)<span></span>
</td>
<td class="num">(58.0)<span></span>
</td>
<td class="num">(51.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset', window );">Interest costs</a></td>
<td class="num">(353.2)<span></span>
</td>
<td class="num">(324.3)<span></span>
</td>
<td class="num">(339.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesOnSettlementAndCurtailment', window );">Gains and (losses) on settlements or reductions in benefits</a></td>
<td class="nump">3.8<span></span>
</td>
<td class="nump">3.6<span></span>
</td>
<td class="nump">44.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset', window );">Contributions by plan participants</a></td>
<td class="num">(5.6)<span></span>
</td>
<td class="num">(6.9)<span></span>
</td>
<td class="num">(6.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset', window );">Actuarial gains and (losses) - geographical assumptions</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">52.3<span></span>
</td>
<td class="nump">54.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset', window );">Actuarial gains and (losses) - financial assumptions</a></td>
<td class="nump">1,333.6<span></span>
</td>
<td class="nump">726.8<span></span>
</td>
<td class="num">(443.6)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset', window );">Experience adjustments</a></td>
<td class="num">(171.5)<span></span>
</td>
<td class="num">(213.0)<span></span>
</td>
<td class="num">(180.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset', window );">Reclassifications</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="num">(1.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset', window );">Effect of exchange rate fluctuations</a></td>
<td class="nump">787.7<span></span>
</td>
<td class="num">(495.3)<span></span>
</td>
<td class="num">(1,531.7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset', window );">Benefits paid</a></td>
<td class="nump">574.4<span></span>
</td>
<td class="nump">573.7<span></span>
</td>
<td class="nump">521.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at December, 31</a></td>
<td class="num">R$ (6,397.5)<span></span>
</td>
<td class="num">R$ (8,519.7)<span></span>
</td>
<td class="num">R$ (8,777.6)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GainsLossesOnSettlementAndCurtailment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of (gains) losses on settlement and curtailment.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GainsLossesOnSettlementAndCurtailment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions that result in remeasurements of the net defined benefit liability (asset). Demographic assumptions deal with matters such as: (a) mortality; (b) rates of employee turnover, disability and early retirement; (c) the proportion of plan members with dependants who will be eligible for benefits; (d) the proportion of plan members who will select each form of payment option available under the plan terms; and (e) claim rates under medical plans. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph c<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_c_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions that result in remeasurements of the net defined benefit liability (asset). Financial assumptions deal with items such as: (a) the discount rate; (b) benefit levels, excluding any cost of the benefits to be met by employees, and future salary; (c) in the case of medical benefits, future medical costs, including claim handling costs (ie the costs that will be incurred in processing and resolving claims, including legal and adjuster's fees); and (d) taxes payable by the plan on contributions relating to service before the reporting date or on benefits resulting from that service. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph c<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_c_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from experience adjustments that result in remeasurements of the net defined benefit liability (asset). Experience adjustments deal with the effects of differences between the previous actuarial assumptions and what has actually occurred. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan by plan participants. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from employee service in the current period. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from changes in foreign exchange rates. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from the passage of time. [Refer: Interest expense; Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from payments from the plan. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_g&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PresentValueOfDefinedBenefitObligationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PresentValueOfDefinedBenefitObligationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<SEQUENCE>142
<FILENAME>R128.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456508256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Plan Assets (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at January 1</a></td>
<td class="nump">R$ 3,166.1<span></span>
</td>
<td class="nump">R$ 3,510.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset', window );">Administrative costs</a></td>
<td class="nump">5.2<span></span>
</td>
<td class="nump">5.8<span></span>
</td>
<td class="nump">R$ 5.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Expected return, excluding interest income</a></td>
<td class="num">(352.5)<span></span>
</td>
<td class="nump">75.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset', window );">Curtailments, settlements and other</a></td>
<td class="num">(2.2)<span></span>
</td>
<td class="num">(1.2)<span></span>
</td>
<td class="num">(42.6)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at December, 31</a></td>
<td class="nump">2,104.6<span></span>
</td>
<td class="nump">3,166.1<span></span>
</td>
<td class="nump">3,510.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PlanAssetsMember', window );">Plan assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at January 1</a></td>
<td class="nump">5,638.0<span></span>
</td>
<td class="nump">5,533.3<span></span>
</td>
<td class="nump">4,582.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset', window );">Interest income</a></td>
<td class="nump">262.1<span></span>
</td>
<td class="nump">223.9<span></span>
</td>
<td class="nump">245.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset', window );">Administrative costs</a></td>
<td class="num">(5.2)<span></span>
</td>
<td class="num">(5.8)<span></span>
</td>
<td class="num">(5.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Expected return, excluding interest income</a></td>
<td class="num">(614.6)<span></span>
</td>
<td class="num">(148.3)<span></span>
</td>
<td class="nump">89.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset', window );">Contributions by employer</a></td>
<td class="nump">316.0<span></span>
</td>
<td class="nump">342.0<span></span>
</td>
<td class="nump">306.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset', window );">Contributions by plan participants</a></td>
<td class="nump">5.8<span></span>
</td>
<td class="nump">7.1<span></span>
</td>
<td class="nump">6.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset', window );">Exchange differences</a></td>
<td class="num">(482.6)<span></span>
</td>
<td class="nump">263.1<span></span>
</td>
<td class="nump">812.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IncreaseDecreaseInPlanAssetsFromTransfers', window );">Transfers</a></td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
<td class="nump">20.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset', window );">Curtailments, settlements and other</a></td>
<td class="num">(1.8)<span></span>
</td>
<td class="num">(3.6)<span></span>
</td>
<td class="num">(1.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset', window );">Benefits paid, excluding administrative costs</a></td>
<td class="num">(574.4)<span></span>
</td>
<td class="num">(573.7)<span></span>
</td>
<td class="num">(521.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at December, 31</a></td>
<td class="nump">R$ 4,543.3<span></span>
</td>
<td class="nump">R$ 5,638.0<span></span>
</td>
<td class="nump">R$ 5,533.3<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from administrative costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IncreaseDecreaseInPlanAssetsFromTransfers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of increase (decrease) in plan assets from transfers.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IncreaseDecreaseInPlanAssetsFromTransfers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in net defined benefit liability (asset) resulting from contributions to a defined benefit plan by the employer. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan by plan participants. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from settlements. Settlements are transactions that eliminate all further legal or constructive obligations for part or all of the benefits provided under a defined benefit plan, other than a payment of benefits to, or on behalf of, employees that is set out in the terms of the plan and included in the actuarial assumptions. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from changes in foreign exchange rates. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from the passage of time. [Refer: Interest expense; Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from payments from the plan. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph g<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_g&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PaymentsFromPlanNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the return on plan assets, excluding amounts included in interest income or expense. The return on plan assets is interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of managing plan assets and less any tax payable by the plan itself, other than tax included in the actuarial assumptions used to measure the present value of the defined benefit obligation. [Refer: Plan assets [member]; Net defined benefit liability (asset); Actuarial assumptions [member]; Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PlanAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_PlanAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>143
<FILENAME>R129.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446292848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Asset Ceiling (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at January 1</a></td>
<td class="nump">R$ 3,166.1<span></span>
</td>
<td class="nump">R$ 3,510.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at December, 31</a></td>
<td class="nump">2,104.6<span></span>
</td>
<td class="nump">3,166.1<span></span>
</td>
<td class="nump">R$ 3,510.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_EffectOfAssetCeilingMember', window );">Effect of asset ceiling [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at January 1</a></td>
<td class="nump">27.9<span></span>
</td>
<td class="nump">33.6<span></span>
</td>
<td class="nump">56.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset', window );">Interest income/(expenses)</a></td>
<td class="nump">0.0<span></span>
</td>
<td class="nump">1.3<span></span>
</td>
<td class="nump">12.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling', window );">Change in asset ceiling excluding amounts included in interest income/(expenses)</a></td>
<td class="nump">30.2<span></span>
</td>
<td class="num">(9.0)<span></span>
</td>
<td class="num">(48.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset', window );">Effects of exchange rate fluctuations&#160;&#160;</a></td>
<td class="num">(1.5)<span></span>
</td>
<td class="nump">2.0<span></span>
</td>
<td class="nump">14.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Defined benefit obligation at December, 31</a></td>
<td class="nump">R$ 56.6<span></span>
</td>
<td class="nump">R$ 27.9<span></span>
</td>
<td class="nump">R$ 33.6<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the gain (loss) on changes in the effect of limiting a net defined benefit asset to the asset ceiling, excluding amounts included in interest income or expense. [Refer: Interest income (expense); Net defined benefit liability (asset); Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph c<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_c_iv&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from changes in foreign exchange rates. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from the passage of time. [Refer: Interest expense; Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 140<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_EffectOfAssetCeilingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=ifrs-full_EffectOfAssetCeilingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>144
<FILENAME>R130.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131451222064">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Defined Benefit Plans Recognized in the Income Statement (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EmployeeBenefitsAbstract', window );"><strong>Employee Benefits</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset', window );">Current service costs</a></td>
<td class="num">R$ (47.0)<span></span>
</td>
<td class="num">R$ (58.0)<span></span>
</td>
<td class="num">R$ (51.4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset', window );">Administrative costs</a></td>
<td class="num">(5.2)<span></span>
</td>
<td class="num">(5.8)<span></span>
</td>
<td class="num">(5.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset', window );">(Gains) losses on settlement and curtailment</a></td>
<td class="nump">2.2<span></span>
</td>
<td class="nump">1.2<span></span>
</td>
<td class="nump">42.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset', window );">Income from operations</a></td>
<td class="num">(50.0)<span></span>
</td>
<td class="num">(62.6)<span></span>
</td>
<td class="num">(14.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DefinedBenefitPlansRecognizedFinancialCosts', window );">Financial costs</a></td>
<td class="num">(107.8)<span></span>
</td>
<td class="num">(115.6)<span></span>
</td>
<td class="num">(117.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans', window );">Total employee benefit expenses</a></td>
<td class="num">R$ (157.8)<span></span>
</td>
<td class="num">R$ (178.2)<span></span>
</td>
<td class="num">R$ (131.2)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from administrative costs.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AdiministrativeCostsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DefinedBenefitPlansRecognizedFinancialCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Financial costs of the net interest on pension plans.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DefinedBenefitPlansRecognizedFinancialCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EmployeeBenefitsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EmployeeBenefitsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from employee service in the current period. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from settlements. Settlements are transactions that eliminate all further legal or constructive obligations for part or all of the benefits provided under a defined benefit plan, other than a payment of benefits to, or on behalf of, employees that is set out in the terms of the plan and included in the actuarial assumptions. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit expense included in profit or loss relating to defined benefit plans. [Refer: Profit (loss); Defined benefit plans [member]] [Contrast: Increase (decrease) in net defined benefit liability (asset) resulting from expense (income) in profit or loss]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 5<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_5&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 135<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_135_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
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<FILENAME>R131.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131449246576">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Employee Benefit Revenue/(Expenses) Allocation (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans', window );">employee benefit revenue/(expenses)</a></td>
<td class="num">R$ (157.8)<span></span>
</td>
<td class="num">R$ (178.2)<span></span>
</td>
<td class="num">R$ (131.2)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember', window );">Employee benefit revenue (expenses) allocated to other operating income/(expenses), net [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans', window );">employee benefit revenue/(expenses)</a></td>
<td class="num">(0.1)<span></span>
</td>
<td class="num">(0.2)<span></span>
</td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember', window );">Employee benefit revenue (expenses) allocated to cost of sales [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans', window );">employee benefit revenue/(expenses)</a></td>
<td class="num">(26.4)<span></span>
</td>
<td class="num">(33.0)<span></span>
</td>
<td class="num">(28.9)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember', window );">Employee benefit revenue (expenses) allocated to sales and marketing expenses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans', window );">employee benefit revenue/(expenses)</a></td>
<td class="num">(9.4)<span></span>
</td>
<td class="num">(11.7)<span></span>
</td>
<td class="num">(9.9)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember', window );">Employee benefit revenue (expenses) allocated to administrative expenses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans', window );">employee benefit revenue/(expenses)</a></td>
<td class="num">(14.1)<span></span>
</td>
<td class="num">(17.7)<span></span>
</td>
<td class="nump">24.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember', window );">Employee benefit revenue (expenses) allocated to financial expenses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans', window );">employee benefit revenue/(expenses)</a></td>
<td class="num">R$ (107.8)<span></span>
</td>
<td class="num">R$ (115.6)<span></span>
</td>
<td class="num">R$ (117.2)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit income (expense) relating to defined benefit plans.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PostemploymentBenefitIncomeExpenseDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
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</body>
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<DOCUMENT>
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<FILENAME>R132.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456507696">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Actuarial Assumptions (Details)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5.10%<span></span>
</td>
<td class="nump">2.90%<span></span>
</td>
<td class="nump">2.40%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Inflation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2.00%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Future pension increases</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">2.50%<span></span>
</td>
<td class="nump">2.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">6.40%<span></span>
</td>
<td class="nump">4.20%<span></span>
</td>
<td class="nump">4.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge', window );">Life expectancy for an over 65 years old male</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">84 years<span></span>
</td>
<td class="text">85 years<span></span>
</td>
<td class="text">84 years<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge', window );">Life expectancy for an over 65 years old female</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">86 years<span></span>
</td>
<td class="text">87 years<span></span>
</td>
<td class="text">86 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">11.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Inflation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">3.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Future salary increases</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">7.10%<span></span>
</td>
<td class="nump">7.10%<span></span>
</td>
<td class="nump">7.10%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Future pension increases</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3.80%<span></span>
</td>
<td class="nump">3.80%<span></span>
</td>
<td class="nump">3.80%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Medical cost trend rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">7.10%<span></span>
</td>
<td class="nump">6.90%<span></span>
</td>
<td class="nump">6.90%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge', window );">Life expectancy for an over 65 years old male</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">87 years<span></span>
</td>
<td class="text">87 years<span></span>
</td>
<td class="text">87 years<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge', window );">Life expectancy for an over 65 years old female</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">89 years<span></span>
</td>
<td class="text">89 years<span></span>
</td>
<td class="text">89 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=srt_WeightedAverageMember', window );">Weighted Average [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ActuarialAssumptionOfDentalClaimsCostTrendRates', window );">Dental claims trend rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3.50%<span></span>
</td>
<td class="nump">3.30%<span></span>
</td>
<td class="nump">3.30%<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ActuarialAssumptionOfDentalClaimsCostTrendRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Dental cost trend rate used as significant actuarial assumption to determine the present value of a defined benefit obligation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ActuarialAssumptionOfDentalClaimsCostTrendRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The life expectancy after 65 years of age of a female used as a significant actuarial assumption to determine the present value of a defined benefit obligation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The life expectancy after 65 years of age of a male used as a significant actuarial assumption to determine the present value of a defined benefit obligation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td>xbrli:durationItemType</td>
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<td>na</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:stringItemType</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfDiscountRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The discount rate used as the significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfDiscountRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expected rate of inflation that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expected rate of increases in pension that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expected rate of salary increases used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Medical cost trend rate used as significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 144<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td>dtr-types:percentItemType</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
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<td></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456946320">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Weighted Principal Assumptions (Details)<br> R$ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2022 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="num">R$ (94.3)<span></span>
</td>
<td class="num">R$ (114.7)<span></span>
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<td class="num">R$ (139.4)<span></span>
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<td class="nump">81.8<span></span>
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<td class="nump">98.6<span></span>
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<td class="nump">118.6<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember', window );">Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="nump">307.9<span></span>
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<td class="nump">442.0<span></span>
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<td class="nump">461.0<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="num">(328.0)<span></span>
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<td class="num">(470.3)<span></span>
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<td class="num">(492.6)<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember', window );">Actuarial assumption of expected rates of salary increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in assumption</a></td>
<td class="num">(17.6)<span></span>
</td>
<td class="num">(19.8)<span></span>
</td>
<td class="num">(24.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="nump">16.5<span></span>
</td>
<td class="nump">18.6<span></span>
</td>
<td class="nump">23.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember', window );">Actuarial assumption of life expectancy after retirement [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption', window );">Increase in assumption</a></td>
<td class="num">(221.5)<span></span>
</td>
<td class="num">(287.6)<span></span>
</td>
<td class="num">(295.6)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption', window );">Decrease in assumption</a></td>
<td class="nump">R$ 213.5<span></span>
</td>
<td class="nump">R$ 279.5<span></span>
</td>
<td class="nump">R$ 287.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption', window );">Change in assumption, year</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of reasonably possible increase in actuarial assumption.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AmountOfReasonablyPossibleIncreaseInActuarialAssumption</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a defined benefit obligation that would have been caused by a decrease in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 145<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a defined benefit obligation that would have been caused by an increase in a significant actuarial assumption that was reasonably possible at the end of the reporting period. [Refer: Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 145<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_145_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfLifeExpectancyAfterRetirementMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131457028336">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS - Plan Assets Components (Details)<br></strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsGovernmentBondsMember', window );">Plan assets, government bonds [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, rated</a></td>
<td class="nump">43.00%<span></span>
</td>
<td class="nump">43.00%<span></span>
</td>
<td class="nump">52.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, unrated</a></td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage</a></td>
<td class="nump">43.00%<span></span>
</td>
<td class="nump">43.00%<span></span>
</td>
<td class="nump">52.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsCorporateBondsMember', window );">Plan assets, corporate bonds [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, rated</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, unrated</a></td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsEquityInstrumentsMember', window );">Plan assets, equity instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, rated</a></td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, unrated</a></td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage</a></td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsCashMember', window );">Plan assets, cash [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, rated</a></td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, unrated</a></td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage</a></td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsOthersMember', window );">Plan assets, others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, rated</a></td>
<td class="nump">26.00%<span></span>
</td>
<td class="nump">26.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage, unrated</a></td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
<td class="nump">(0.00%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage', window );">Plan assets percentage</a></td>
<td class="nump">26.00%<span></span>
</td>
<td class="nump">26.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The component percentage of the plan assets of a defined benefit plan.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PlanAssetsOfDefinedBenefitPlanComponentPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The component percentage of the rated plan assets of a defined benefit plan.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The component percentage of the unrated plan assets of a defined benefit plan.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsGovernmentBondsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsGovernmentBondsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsCorporateBondsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsCorporateBondsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsEquityInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsEquityInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsCashMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsCashMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsOthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDefinedBenefitLiabilityAssetAxis=abev_PlanAssetsOthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>149
<FILENAME>R135.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446089808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEE BENEFITS (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans', window );">Post-employment benefit expense, defined contribution plans</a></td>
<td class="nump">R$ 82.0<span></span>
</td>
<td class="nump">R$ 74.1<span></span>
</td>
<td class="nump">R$ 61.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Defined benefit obligation, at present value</a></td>
<td class="nump">1,854.2<span></span>
</td>
<td class="nump">2,881.7<span></span>
</td>
<td class="nump">3,244.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets excluding interest income or expense</a></td>
<td class="num">(352.5)<span></span>
</td>
<td class="nump">75.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan', window );">Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan</a></td>
<td class="nump">56.6<span></span>
</td>
<td class="nump">27.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan', window );">Estimate OfContributions Expected To Be Paid To Plan</a></td>
<td class="nump">309.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=abev_TwoHealthCarePlansFromFundacaoZerrennerMember', window );">Two health care plans from Fundacao Zerrenner [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Defined benefit obligation, at present value</a></td>
<td class="nump">R$ 665.4<span></span>
</td>
<td class="nump">R$ 603.9<span></span>
</td>
<td class="nump">R$ 705.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 57<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The estimate of the expected contributions to be made to a defined benefit plan for the next annual reporting period. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 147<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_147_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 148<br> -Subparagraph d<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_148_d_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of post-employment benefit expense relating to defined contribution plans. Defined contribution plans are post-employment benefit plans under which an entity pays fixed contributions into a separate entity (a fund) and will have no legal or constructive obligation to pay further contributions if the fund does not hold sufficient assets to pay all employee benefits relating to employee service in the current and prior periods.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 53<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_53&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PostemploymentBenefitExpenseDefinedContributionPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the return on plan assets, excluding amounts included in interest income or expense. The return on plan assets is interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of managing plan assets and less any tax payable by the plan itself, other than tax included in the actuarial assumptions used to measure the present value of the defined benefit obligation. [Refer: Plan assets [member]; Net defined benefit liability (asset); Actuarial assumptions [member]; Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2022-03-24<br> -Paragraph 141<br> -Subparagraph c<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_141_c_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=abev_TwoHealthCarePlansFromFundacaoZerrennerMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=abev_TwoHealthCarePlansFromFundacaoZerrennerMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>150
<FILENAME>R136.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131453565552">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SHARE-BASED PAYMENTS - Weighted Average Fair Value (Details)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>R$ / shares</div>
</th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ShareBasedPaymentsAbstract', window );"><strong>Share-based Payments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare', window );">Fair value of options granted</a></td>
<td class="nump">R$ 4.04<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare', window );">Share price (in BRL per share)</a></td>
<td class="nump">18.05<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExercisePriceShareOptionsGrantedExercisePricePerShare', window );">Exercise price (in BRL per share)</a></td>
<td class="nump">R$ 18.05<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted', window );">Expected volatility</a></td>
<td class="nump">22.30%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted', window );">Vesting year</a></td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted', window );">Expected dividends</a></td>
<td class="nump">5.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted', window );">Risk-free interest rate</a></td>
<td class="nump">6.80%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ExercisePriceShareOptionsGrantedExercisePricePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ExercisePriceShareOptionsGrantedExercisePricePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ShareBasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ShareBasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The expected volatility of the share price used to calculate the fair value of the share options granted. Expected volatility is a measure of the amount by which a price is expected to fluctuate during a period. The measure of volatility used in option pricing models is the annualised standard deviation of the continuously compounded rates of return on the share over a period of time.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 47<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_47_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfExpectedVolatilityShareOptionsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The option life of share options granted.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 47<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_47_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfOptionLifeShareOptionsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The implied yield currently available on zero-coupon government issues of the country in whose currency the exercise price for share options granted is expressed, with a remaining term equal to the expected term of the option being valued (based on the option's remaining contractual life and taking into account the effects of expected early exercise). [Refer: Government [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 47<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_47_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfRiskFreeInterestRateShareOptionsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of an expected dividend used to calculate the fair value of share options granted.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 47<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_47_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpectedDividendAsPercentageShareOptionsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>151
<FILENAME>R137.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446571552">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SHARE-BASED PAYMENTS - Outstanding Options (Details) - shares<br> shares in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ShareBasedPaymentsAbstract', window );"><strong>Share-based Payments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOutstandingShareOptions1', window );">Options outstanding at January 1</a></td>
<td class="nump">113,760<span></span>
</td>
<td class="nump">127,265<span></span>
</td>
<td class="nump">141,736<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1', window );">Options issued during the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1', window );">Options exercised during the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(5,247)<span></span>
</td>
<td class="num">(5,730)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1', window );">Options forfeited during the period</a></td>
<td class="num">(14,043)<span></span>
</td>
<td class="num">(8,258)<span></span>
</td>
<td class="num">(8,763)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOutstandingShareOptions1', window );">Options outstanding at the end of the year</a></td>
<td class="nump">99,717<span></span>
</td>
<td class="nump">113,760<span></span>
</td>
<td class="nump">127,265<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NumberOfOutstandingShareOptions1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfOutstandingShareOptions1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ShareBasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ShareBasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>152
<FILENAME>R138.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446589472">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SHARE-BASED PAYMENTS - Weighted Average Exercise Price of Options (Details) - R$ / shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ShareBasedPaymentsAbstract', window );"><strong>Share-based Payments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019', window );">Options outstanding at January 1, weighted average exercise price (in BRL per share)</a></td>
<td class="nump">R$ 19.92<span></span>
</td>
<td class="nump">R$ 19.81<span></span>
</td>
<td class="nump">R$ 18.53<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019', window );">Options issued during the period, weighted average exercise price (in BRL per share)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18.05<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019', window );">Options forfeited during the period, weighted average exercise price (in BRL per share)</a></td>
<td class="nump">22.60<span></span>
</td>
<td class="nump">25.27<span></span>
</td>
<td class="nump">22.96<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019', window );">Options exercised during the period, weighted average exercise price (in BRL per share)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">13.16<span></span>
</td>
<td class="nump">8.30<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019', window );">Options outstanding at ended period, weighted average exercise price (in BRL per share)</a></td>
<td class="nump">19.39<span></span>
</td>
<td class="nump">19.92<span></span>
</td>
<td class="nump">19.81<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019', window );">Options exercisable at ended period, weighted average exercise price (in BRL per share)</a></td>
<td class="nump">R$ 20.12<span></span>
</td>
<td class="nump">R$ 21.14<span></span>
</td>
<td class="nump">R$ 23.70<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ShareBasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ShareBasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options exercisable in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause vii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_vii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options exercised in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause iv<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_iv&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options forfeited in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options granted in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause ii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_ii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average exercise price of share options outstanding in a share-based payment arrangement. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_vi&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131445216432">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SHARE-BASED PAYMENTS - Deferred Shares (Details)<br> shares in Thousands, Pure in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2022 </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>shares</div>
</th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_DeferredStockUnitsOfGrantOneMember', window );">Deferred stock units of Grant One [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1', window );">Deferred shares outstanding at January</a></td>
<td class="nump">1,168<span></span>
</td>
<td class="nump">6,065<span></span>
</td>
<td class="nump">7,926<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement', window );">New shares during the period</a></td>
<td class="nump">44<span></span>
</td>
<td class="nump">110<span></span>
</td>
<td class="nump">153<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Shares granted during the period</a></td>
<td class="num">(214)<span></span>
</td>
<td class="num">(4,964)<span></span>
</td>
<td class="num">(1,901)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement', window );">Shares forfeited during the period</a></td>
<td class="num">(109)<span></span>
</td>
<td class="num">(43)<span></span>
</td>
<td class="num">(113)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1', window );">Deferred shares outstanding at the end of the year</a></td>
<td class="nump">889<span></span>
</td>
<td class="nump">1,168<span></span>
</td>
<td class="nump">6,065<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesMember', window );">Restricted shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1', window );">Deferred shares outstanding at January</a></td>
<td class="nump">62,545<span></span>
</td>
<td class="nump">43,458<span></span>
</td>
<td class="nump">23,836<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement', window );">New shares during the period</a></td>
<td class="nump">49,328<span></span>
</td>
<td class="nump">20,629<span></span>
</td>
<td class="nump">21,066<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted', window );">Shares granted during the period</a></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(22)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement', window );">Shares forfeited during the period</a></td>
<td class="num">(3,007)<span></span>
</td>
<td class="num">(1,520)<span></span>
</td>
<td class="num">(1,444)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1', window );">Deferred shares outstanding at the end of the year</a></td>
<td class="nump">108,854<span></span>
</td>
<td class="nump">62,545<span></span>
</td>
<td class="nump">43,458<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) introduced in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 47<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) forfeited in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_DeferredStockUnitsOfGrantOneMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td></td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>154
<FILENAME>R140.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444710112">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SHARE-BASED PAYMENTS (Details Narrative)<br> R$ / shares in Units, shares in Thousands, R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1">24 Months Ended</th>
<th class="th" colspan="1">36 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2022 </div>
<div>BRL (R$) </div>
<div>shares </div>
<div>R$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2021 </div>
<div>BRL (R$) </div>
<div>shares </div>
<div>R$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>shares </div>
<div>R$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2022 </div>
<div>shares </div>
<div>R$ / shares</div>
</th>
<th class="th">
<div>Dec. 31, 2022 </div>
<div>shares </div>
<div>R$ / shares</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted', window );">Option life, share options granted</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019', window );">Weighted average remaining contractual life of outstanding share options (Year)</a></td>
<td class="text">4 years 3 months 14 days<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">6 years 8 months 12 days<span></span>
</td>
<td class="text">6 years 5 months 4 days<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NumberOfOutstandingShareOptions', window );">Number of share options outstanding in share-based payment arrangement at end of period | shares</a></td>
<td class="nump">99,717<span></span>
</td>
<td class="nump">113,760<span></span>
</td>
<td class="nump">127,265<span></span>
</td>
<td class="nump">99,717<span></span>
</td>
<td class="nump">99,717<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement', window );">Number of share options vested in share-based payment arrangement | shares</a></td>
<td class="nump">63,850<span></span>
</td>
<td class="nump">59,250<span></span>
</td>
<td class="nump">36,459<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019', window );">Weighted average share price for share options in share-based payment arrangement exercised during period at date of exercise | R$ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 17.87<span></span>
</td>
<td class="nump">R$ 15.23<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees', window );">Expense from share-based payment transactions with employees | R$</a></td>
<td class="nump">R$ 311.6<span></span>
</td>
<td class="nump">R$ 391.5<span></span>
</td>
<td class="nump">R$ 223.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExercisePricesOfTheOutstandingOptions', window );">Exercise prices of the outstanding options | R$ / shares</a></td>
<td class="nump">R$ 15.95<span></span>
</td>
<td class="nump">R$ 15.95<span></span>
</td>
<td class="nump">R$ 11.972<span></span>
</td>
<td class="nump">R$ 15.95<span></span>
</td>
<td class="nump">R$ 15.95<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExercisePricesOfTheOutstandingOptions', window );">Exercise prices of the outstanding options | R$ / shares</a></td>
<td class="nump">R$ 39.04<span></span>
</td>
<td class="nump">R$ 45.97<span></span>
</td>
<td class="nump">R$ 43.95<span></span>
</td>
<td class="nump">R$ 39.04<span></span>
</td>
<td class="nump">R$ 39.04<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantOneMember', window );">Grant one [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne', window );">Profit allocation, share-based payments, allocation option one</a></td>
<td class="nump">30.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo', window );">Profit allocation, share-based payments, allocation option two</a></td>
<td class="nump">40.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree', window );">Profit allocation, share-based payments, allocation option three</a></td>
<td class="nump">60.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour', window );">Profit allocation, share-based payments, allocation option four</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted', window );">Option life, share options granted</a></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantTwoMember', window );">Grant two [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted', window );">Option life, share options granted</a></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantThreeMember', window );">Grant three [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne', window );">Profit allocation, share-based payments, allocation option one</a></td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo', window );">Profit allocation, share-based payments, allocation option two</a></td>
<td class="nump">30.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree', window );">Profit allocation, share-based payments, allocation option three</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour', window );">Profit allocation, share-based payments, allocation option four</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_DeferredStockUnitsOfGrantOneMember', window );">Deferred stock units of Grant One [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement', window );">Number of other new equity instruments introduced in share-based payment arrangement</a></td>
<td class="nump">44,000<span></span>
</td>
<td class="nump">110,000<span></span>
</td>
<td class="nump">153,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement', window );">Fair value of other equity instruments granted in share-based payment arrangement | R$</a></td>
<td class="nump">R$ 0.6<span></span>
</td>
<td class="nump">R$ 1.7<span></span>
</td>
<td class="nump">R$ 2.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesMember', window );">Restricted shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement', window );">Number of other new equity instruments introduced in share-based payment arrangement</a></td>
<td class="nump">49,328,000<span></span>
</td>
<td class="nump">20,629,000<span></span>
</td>
<td class="nump">21,066,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesUnderTheSharebasedPlanMember', window );">Restricted shares under the share-based plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement', window );">Fair value of other equity instruments granted in share-based payment arrangement | R$</a></td>
<td class="nump">R$ 766.6<span></span>
</td>
<td class="nump">R$ 325.7<span></span>
</td>
<td class="nump">R$ 315.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ExercisePricesOfTheOutstandingOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents the exercise prices of the options outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ExercisePricesOfTheOutstandingOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of other equity instruments (ie other than share options) granted in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of other equity instruments (ie other than share options) introduced in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of share options vested in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NumberOfShareOptionsVestedInSharebasedPaymentArrangement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fourth allocation option for profit sharing in share-based payments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProfitAllocationSharebasedPaymentsAllocationOptionFour</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The first allocation option for profit sharing in share-based payments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProfitAllocationSharebasedPaymentsAllocationOptionOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The third allocation option for profit sharing in share-based payments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProfitAllocationSharebasedPaymentsAllocationOptionThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The second allocation option for profit sharing in share-based payments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProfitAllocationSharebasedPaymentsAllocationOptionTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfOptionLifeShareOptionsGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The option life of share options granted.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 47<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_47_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfOptionLifeShareOptionsGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expense from share-based payment transactions with employees. [Refer: Expense from share-based payment transactions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfOutstandingShareOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The number of share options outstanding in a share-based payment arrangement.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph b<br> -Clause vi<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_b_vi&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfOutstandingShareOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average share price at the date of exercise for share options that are exercised in a share-based payment arrangement. [Refer: Share-based payment arrangements [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 2<br> -IssueDate 2022-03-24<br> -Paragraph 45<br> -Subparagraph d<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=2&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_45_d&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_GrantThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_DeferredStockUnitsOfGrantOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_DeferredStockUnitsOfGrantOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesUnderTheSharebasedPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=abev_RestrictedSharesUnderTheSharebasedPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>155
<FILENAME>R141.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448209296">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>TRADE PAYABLES - Components of Trade Payables (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesAbstract', window );"><strong>Trade Payables</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">R$ 165.8<span></span>
</td>
<td class="nump">R$ 209.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties', window );">Related parties (Note 31)</a></td>
<td class="nump">343.6<span></span>
</td>
<td class="nump">407.9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Non-current</a></td>
<td class="nump">509.4<span></span>
</td>
<td class="nump">617.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">23,498.1<span></span>
</td>
<td class="nump">23,867.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NoncurrentPayablesToRelatedParties', window );">Related parties (Note 31)</a></td>
<td class="nump">830.4<span></span>
</td>
<td class="nump">1,210.7<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Current</a></td>
<td class="nump">24,328.5<span></span>
</td>
<td class="nump">25,077.9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Total</a></td>
<td class="nump">R$ 24,837.9<span></span>
</td>
<td class="nump">R$ 25,695.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TradePayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TradePayablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade payables and non-current other payables. [Refer: Other non-current payables; Non-current trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayablesToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current payables due to related parties. [Refer: Related parties [member]; Payables to related parties]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayablesToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The non-current amount of payment due to suppliers for goods and services used in the entity's business. [Refer: Trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables due to related parties. [Refer: Related parties [member]; Payables to related parties]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The current amount of payment due to suppliers for goods and services used in entity's business. [Refer: Current liabilities; Trade payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 78<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 70<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of trade payables and other payables. [Refer: Trade payables; Other payables]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph k<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>156
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131455463312">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>TRADE PAYABLES (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeAndOtherPayables1', window );">Trade payable</a></td>
<td class="nump">R$ 219.3<span></span>
</td>
<td class="nump">R$ 370.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradePayableMember', window );">Trade payable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NominalContractualAmountsIncludingInterest', window );">Nominal contractual amounts, including interest</a></td>
<td class="nump">R$ 367.0<span></span>
</td>
<td class="nump">R$ 239.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NominalContractualAmountsIncludingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of nominal contractual amounts, including interest.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NominalContractualAmountsIncludingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TradeAndOtherPayables1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TradeAndOtherPayables1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradePayableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_TradePayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>157
<FILENAME>R143.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131446539344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>PROVISIONS - Changes in Provisions (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Balance</a></td>
<td class="nump">R$ 919.7<span></span>
</td>
<td class="nump">R$ 776.1<span></span>
</td>
<td class="nump">R$ 572.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of changes in foreign</a></td>
<td class="num">(32.2)<span></span>
</td>
<td class="nump">0.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="nump">724.6<span></span>
</td>
<td class="nump">656.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(455.2)<span></span>
</td>
<td class="num">(286.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionReversedOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(93.6)<span></span>
</td>
<td class="num">(166.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember', window );">Provision for taxes other than income tax [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Balance</a></td>
<td class="nump">247.1<span></span>
</td>
<td class="nump">218.6<span></span>
</td>
<td class="nump">184.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of changes in foreign</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="nump">157.6<span></span>
</td>
<td class="nump">198.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(85.8)<span></span>
</td>
<td class="num">(57.3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionReversedOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(43.3)<span></span>
</td>
<td class="num">(106.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember', window );">Provisions for labor [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Balance</a></td>
<td class="nump">132.1<span></span>
</td>
<td class="nump">124.2<span></span>
</td>
<td class="nump">129.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of changes in foreign</a></td>
<td class="num">(4.6)<span></span>
</td>
<td class="num">(0.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="nump">194.2<span></span>
</td>
<td class="nump">163.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(162.0)<span></span>
</td>
<td class="num">(147.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionReversedOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(19.7)<span></span>
</td>
<td class="num">(20.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember', window );">Legal proceedings provision [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Balance</a></td>
<td class="nump">335.9<span></span>
</td>
<td class="nump">252.9<span></span>
</td>
<td class="nump">86.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of changes in foreign</a></td>
<td class="num">(17.5)<span></span>
</td>
<td class="num">(2.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="nump">312.7<span></span>
</td>
<td class="nump">273.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(196.6)<span></span>
</td>
<td class="num">(71.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionReversedOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(15.6)<span></span>
</td>
<td class="num">(33.8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Miscellaneous other provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Balance</a></td>
<td class="nump">192.8<span></span>
</td>
<td class="nump">163.0<span></span>
</td>
<td class="nump">156.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of changes in foreign</a></td>
<td class="num">(8.1)<span></span>
</td>
<td class="nump">2.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="nump">60.1<span></span>
</td>
<td class="nump">14.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(7.2)<span></span>
</td>
<td class="num">(5.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionReversedOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(15.0)<span></span>
</td>
<td class="num">(5.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_TotalContingentProvisionsMember', window );">Total contingent provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Balance</a></td>
<td class="nump">907.9<span></span>
</td>
<td class="nump">758.7<span></span>
</td>
<td class="nump">557.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of changes in foreign</a></td>
<td class="num">(30.2)<span></span>
</td>
<td class="num">(1.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="nump">724.6<span></span>
</td>
<td class="nump">650.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(451.6)<span></span>
</td>
<td class="num">(281.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionReversedOtherProvisions', window );">Provisions reversed</a></td>
<td class="num">(93.6)<span></span>
</td>
<td class="num">(166.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember', window );">Restructuring provision [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Balance</a></td>
<td class="nump">11.8<span></span>
</td>
<td class="nump">17.4<span></span>
</td>
<td class="nump">R$ 14.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Effect of changes in foreign</a></td>
<td class="num">(2.0)<span></span>
</td>
<td class="nump">1.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">6.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Provisions used</a></td>
<td class="num">(3.6)<span></span>
</td>
<td class="num">(5.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ProvisionReversedOtherProvisions', window );">Provisions reversed</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">R$ (0.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ProvisionReversedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other provisions reversed.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ProvisionReversedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalProvisionsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of additional other provisions made. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalProvisionsOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in other provisions resulting from foreign currency exchange rate changes on provisions measured in a currency different from the entity's presentation currency. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionUsedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount used (ie incurred and charged against the provision) for other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 84<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_84_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionUsedOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Provisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities of uncertain timing or amount, including provisions for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Provisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=abev_TotalContingentProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=abev_TotalContingentProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>158
<FILENAME>R144.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444405440">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>PROVISIONS - Disbursement Expectative (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">R$ 919.7<span></span>
</td>
<td class="nump">R$ 776.1<span></span>
</td>
<td class="nump">R$ 572.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">739.0<span></span>
</td>
<td class="nump">603.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">180.7<span></span>
</td>
<td class="nump">172.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember', window );">Provision for taxes other than income tax [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">247.1<span></span>
</td>
<td class="nump">218.6<span></span>
</td>
<td class="nump">184.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember', window );">Provision for taxes other than income tax [member] | Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">193.8<span></span>
</td>
<td class="nump">163.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember', window );">Provision for taxes other than income tax [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">53.3<span></span>
</td>
<td class="nump">55.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember', window );">Provisions for labor [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">132.1<span></span>
</td>
<td class="nump">124.2<span></span>
</td>
<td class="nump">129.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember', window );">Provisions for labor [member] | Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">104.9<span></span>
</td>
<td class="nump">96.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember', window );">Provisions for labor [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">27.2<span></span>
</td>
<td class="nump">28.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember', window );">Legal proceedings provision [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">335.9<span></span>
</td>
<td class="nump">252.9<span></span>
</td>
<td class="nump">86.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember', window );">Legal proceedings provision [member] | Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">263.0<span></span>
</td>
<td class="nump">194.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember', window );">Legal proceedings provision [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">72.9<span></span>
</td>
<td class="nump">58.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Miscellaneous other provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">192.8<span></span>
</td>
<td class="nump">163.0<span></span>
</td>
<td class="nump">156.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Miscellaneous other provisions [member] | Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">170.1<span></span>
</td>
<td class="nump">142.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Miscellaneous other provisions [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">22.7<span></span>
</td>
<td class="nump">20.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_TotalContingentProvisionsMember', window );">Total contingent provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">907.9<span></span>
</td>
<td class="nump">758.7<span></span>
</td>
<td class="nump">557.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_TotalContingentProvisionsMember', window );">Total contingent provisions [member] | Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">731.8<span></span>
</td>
<td class="nump">595.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=abev_TotalContingentProvisionsMember', window );">Total contingent provisions [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">176.1<span></span>
</td>
<td class="nump">163.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember', window );">Restructuring provision [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">11.8<span></span>
</td>
<td class="nump">17.4<span></span>
</td>
<td class="nump">R$ 14.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember', window );">Restructuring provision [member] | Later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">7.2<span></span>
</td>
<td class="nump">8.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember', window );">Restructuring provision [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provisions</a></td>
<td class="nump">R$ 4.6<span></span>
</td>
<td class="nump">R$ 9.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Provisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities of uncertain timing or amount, including provisions for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Provisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
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<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=abev_ProvisionsForLaborMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_LegalProceedingsProvisionMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=abev_TotalContingentProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=ifrs-full_RestructuringProvisionMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131447314832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Transactions Protected by Derivative Financial Instruments (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember', window );">Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">R$ 19,853.3<span></span>
</td>
<td class="nump">R$ 18,911.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">271.8<span></span>
</td>
<td class="nump">597.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(719.4)<span></span>
</td>
<td class="num">(421.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(3,075.2)<span></span>
</td>
<td class="num">(2,113.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">452.7<span></span>
</td>
<td class="nump">1,710.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="nump">134.3<span></span>
</td>
<td class="nump">2,277.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_CommoditiesRiskPortionOfCostExposureMember', window );">Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">4,809.9<span></span>
</td>
<td class="nump">3,179.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">100.8<span></span>
</td>
<td class="nump">455.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(376.0)<span></span>
</td>
<td class="num">(41.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="nump">63.5<span></span>
</td>
<td class="num">(126.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="num">(32.3)<span></span>
</td>
<td class="nump">1,168.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="num">(475.0)<span></span>
</td>
<td class="nump">684.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfCostExposureMember', window );">US Dollars risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">14,874.7<span></span>
</td>
<td class="nump">15,516.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">157.7<span></span>
</td>
<td class="nump">136.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(342.9)<span></span>
</td>
<td class="num">(378.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(3,139.2)<span></span>
</td>
<td class="num">(1,970.7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">477.1<span></span>
</td>
<td class="nump">541.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="nump">596.6<span></span>
</td>
<td class="nump">1,792.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_EurosRiskPortionOfCostExposureMember', window );">Euros risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">32.2<span></span>
</td>
<td class="nump">31.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">1.9<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(0.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(0.7)<span></span>
</td>
<td class="num">(0.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="num">(0.3)<span></span>
</td>
<td class="nump">0.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="nump">1.2<span></span>
</td>
<td class="num">(1.9)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_MexicanPesosRiskPortionOfCostExposureMember', window );">Mexican Pesos risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">136.5<span></span>
</td>
<td class="nump">183.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">11.4<span></span>
</td>
<td class="nump">5.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(0.5)<span></span>
</td>
<td class="num">(0.7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="nump">1.2<span></span>
</td>
<td class="num">(15.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">8.2<span></span>
</td>
<td class="num">(0.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="nump">11.5<span></span>
</td>
<td class="num">(198.1)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalFixedAssetExposureMember', window );">Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">226.8<span></span>
</td>
<td class="nump">1,111.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">1.5<span></span>
</td>
<td class="nump">1.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(5.4)<span></span>
</td>
<td class="num">(53.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(5.9)<span></span>
</td>
<td class="num">(368.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">4.9<span></span>
</td>
<td class="nump">105.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="num">(13.0)<span></span>
</td>
<td class="nump">103.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfFixedAssetsExposureMember', window );">US Dollars risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">226.8<span></span>
</td>
<td class="nump">1,111.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">1.5<span></span>
</td>
<td class="nump">1.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(5.4)<span></span>
</td>
<td class="num">(53.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(5.9)<span></span>
</td>
<td class="num">(368.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">4.9<span></span>
</td>
<td class="nump">105.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="num">(13.0)<span></span>
</td>
<td class="nump">103.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalExpensesExposureMember', window );">Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">204.9<span></span>
</td>
<td class="nump">365.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">0.5<span></span>
</td>
<td class="nump">0.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(4.6)<span></span>
</td>
<td class="num">(18.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(42.5)<span></span>
</td>
<td class="num">(124.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">9.1<span></span>
</td>
<td class="nump">36.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="num">(14.8)<span></span>
</td>
<td class="nump">192.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfTheExpensesExposureMember', window );">US Dollars risk portion of the expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">204.9<span></span>
</td>
<td class="nump">365.8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">0.5<span></span>
</td>
<td class="nump">0.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(4.6)<span></span>
</td>
<td class="num">(18.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(42.5)<span></span>
</td>
<td class="num">(124.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">9.1<span></span>
</td>
<td class="nump">36.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="num">(14.8)<span></span>
</td>
<td class="nump">192.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_CashUMember', window );">Cash U [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(17.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsCashMember', window );">U S Dollars Cash [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(17.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalFinancialRiskExposureMember', window );">Total financial risk exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NotionalAmount1', window );">Notional</a></td>
<td class="nump">20,285.0<span></span>
</td>
<td class="nump">20,388.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets', window );">Fair Value Assets</a></td>
<td class="nump">273.8<span></span>
</td>
<td class="nump">599.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities', window );">Fair Value Liability</a></td>
<td class="num">(729.4)<span></span>
</td>
<td class="num">(492.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="num">(3,140.7)<span></span>
</td>
<td class="num">(2,528.8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesFromOperationalResults', window );">Gain (loss) Operational Result</a></td>
<td class="nump">466.7<span></span>
</td>
<td class="nump">1,852.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInEquity', window );">Gain (loss) Equity</a></td>
<td class="nump">R$ 106.5<span></span>
</td>
<td class="nump">2,573.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalEquityExposureMember', window );">Total equity exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">78.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_StockExchangePricesRiskPortionOfEquityExposureMember', window );">Stock exchange prices risk portion of equity exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecordedInFinancialResults', window );">Gain (loss) Finance Result</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 78.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GainsLossesFromOperationalResults">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains or losses recorded in operational results.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GainsLossesFromOperationalResults</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GainsLossesRecordedInEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains or losses recorded in equity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GainsLossesRecordedInEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GainsLossesRecordedInFinancialResults">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains or losses recorded in financial results.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GainsLossesRecordedInFinancialResults</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_MaximumExposureToCreditRiskOfFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The maximum exposure to the credit risk of financial liabilities designated as measured at fair value through profit or loss.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_MaximumExposureToCreditRiskOfFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NotionalAmount1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NotionalAmount1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The maximum exposure to the credit risk of financial assets designated as measured at fair value through profit or loss. [Refer: Credit risk [member]; Maximum exposure to credit risk]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 9<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_9_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>160
<FILENAME>R146.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131451199184">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Interest Rate Hedging (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskBrazilianReaisMember', window );">Interest rate risk, Brazilian Reais [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostfixedInterestRatePrehedged', window );">Pre-hedge, post-fixed interest rate</a></td>
<td class="nump">8.50%<span></span>
</td>
<td class="nump">11.60%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostfixedInterestPrehedgedValue', window );">Pre-hedge, post-fixed interest rate, amount</a></td>
<td class="nump">R$ 230.1<span></span>
</td>
<td class="nump">R$ 83.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestRatePrehedged', window );">Pre-hedge, pre-fixed interest rate</a></td>
<td class="nump">8.50%<span></span>
</td>
<td class="nump">7.20%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestPrehedgedValue', window );">Pre-hedge, pre-fixed interest rate, amount</a></td>
<td class="nump">R$ 2,602.1<span></span>
</td>
<td class="nump">R$ 2,343.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PostfixedInterestPrehedgedValue', window );">Pre-hedge, post-fixed interest rate, amount</a></td>
<td class="nump">230.1<span></span>
</td>
<td class="nump">83.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestPrehedgedValue', window );">Pre-hedge, pre-fixed interest rate, amount</a></td>
<td class="nump">R$ 3,614.9<span></span>
</td>
<td class="nump">R$ 3,048.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember', window );">Interest rate risk, working capital in Argentinean Peso [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestRatePrehedged', window );">Pre-hedge, pre-fixed interest rate</a></td>
<td class="nump">73.50%<span></span>
</td>
<td class="nump">34.70%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestPrehedgedValue', window );">Pre-hedge, pre-fixed interest rate, amount</a></td>
<td class="nump">R$ 74.3<span></span>
</td>
<td class="nump">R$ 30.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_OtherCurrenciesMember', window );">Other currencies [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestRatePrehedged', window );">Pre-hedge, pre-fixed interest rate</a></td>
<td class="nump">10.40%<span></span>
</td>
<td class="nump">11.30%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestPrehedgedValue', window );">Pre-hedge, pre-fixed interest rate, amount</a></td>
<td class="nump">R$ 421.3<span></span>
</td>
<td class="nump">R$ 226.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskUSDollarsMember', window );">Interest rate risk, US Dollars [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestRatePrehedged', window );">Pre-hedge, pre-fixed interest rate</a></td>
<td class="nump">14.00%<span></span>
</td>
<td class="nump">13.10%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestPrehedgedValue', window );">Pre-hedge, pre-fixed interest rate, amount</a></td>
<td class="nump">R$ 6.2<span></span>
</td>
<td class="nump">R$ 17.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskCanadianDollarsMember', window );">Interest rate risk, Canadian Dollars [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestRatePrehedged', window );">Pre-hedge, pre-fixed interest rate</a></td>
<td class="nump">5.30%<span></span>
</td>
<td class="nump">2.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PresetInterestPrehedgedValue', window );">Pre-hedge, pre-fixed interest rate, amount</a></td>
<td class="nump">R$ 511.0<span></span>
</td>
<td class="nump">R$ 430.8<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PostfixedInterestPrehedgedValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of postfixed interest before it is hedged.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PostfixedInterestPrehedgedValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PostfixedInterestRatePrehedged">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of postfixed interest rate before it is hedged.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PostfixedInterestRatePrehedged</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PresetInterestPrehedgedValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value of pre-set interest before it is hedged.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PresetInterestPrehedgedValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PresetInterestRatePrehedged">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of pre-set interest rate before it is hedged.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PresetInterestRatePrehedged</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskBrazilianReaisMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskBrazilianReaisMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskWorkingCapitalinArgentineanPesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_OtherCurrenciesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_OtherCurrenciesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskUSDollarsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskUSDollarsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskCanadianDollarsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_InterestRateRiskCanadianDollarsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>161
<FILENAME>R147.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131423209472">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Sensitivity Analysis of Financial Instruments (Details)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2022 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_CommoditiesHedgeMember', window );">Commodities hedge [member] | Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value of hedging instruments</a></td>
<td class="num">R$ (275.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="num">(466.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="num">(1,477.8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="num">(2,680.3)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_CommoditiesHedgeMember', window );">Commodities hedge [member] | Input purchases affecting the commodity risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="nump">466.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="nump">1,477.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="nump">2,680.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis', window );">Fair value of hedging instrument transactions</a></td>
<td class="nump">275.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Input purchases affecting the commodity risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="nump">425.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="nump">3,933.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="nump">7,694.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis', window );">Fair value of hedging instrument transactions</a></td>
<td class="nump">172.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Foreign exchange risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value of hedging instruments</a></td>
<td class="num">(172.4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="num">(425.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="num">(3,933.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="num">(7,694.0)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Foreign currency risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="num">(5.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="num">(60.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="num">(117.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis', window );">Fair value of hedging instrument transactions</a></td>
<td class="num">(3.9)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Capex Purchases affecting the foreign currency exchange risk portion of the fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value of hedging instruments</a></td>
<td class="nump">3.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="nump">5.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="nump">60.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="nump">117.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis', window );">Fair value of hedges and transactions</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Expenses that affect the foreign currency exchange risk portion of expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="num">(5.1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="num">(55.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="num">(106.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis', window );">Fair value of hedging instrument transactions</a></td>
<td class="num">(4.1)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Foreign currency exchange risk portion of expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value of hedging instruments</a></td>
<td class="nump">4.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="nump">5.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="nump">55.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="nump">106.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember', window );">Foreign currency exchange hedge [member] | Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis', window );">Fair value of hedging instrument transactions</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfHedgesAxis=abev_CommoditiesAndForeignExchangeHedgesMember', window );">Commodities and foreign exchange hedges [member] | Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis', window );">Sensitivity value level, probable scenario</a></td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis', window );">Sensitivity value level, adverse scenario</a></td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis', window );">Sensitivity value level, remote scenario</a></td>
<td class="nump">(0.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis', window );">Fair value of hedging instrument transactions</a></td>
<td class="nump">R$ (0.0)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) effects at the adverse level of a sensitivity analysis for hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) effects at the probable level of a sensitivity analysis for hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) effects at the remote level of a sensitivity analysis for hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of transactions on financial instruments designated as hedging instruments, which increase (decrease) the value. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: At fair value [member]; Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2023-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 22<br> -Subparagraph b<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=abev_CommoditiesHedgeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=abev_CommoditiesHedgeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_CommoditiesRiskPortionOfCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_CommoditiesRiskPortionOfCostExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=abev_ForeignCurrencyExchangeHedgeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_ForeignExchangeRiskPortionOfCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_ForeignExchangeRiskPortionOfCostExposureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_ForeignCurrencyRiskPortionOfFixedAssetsExposureMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalFixedAssetExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalFixedAssetExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalExpensesExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalExpensesExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=abev_CommoditiesAndForeignExchangeHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=abev_CommoditiesAndForeignExchangeHedgesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>162
<FILENAME>R148.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131422186048">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">R$ 45,318.6<span></span>
</td>
<td class="nump">R$ 43,904.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">728.3<span></span>
</td>
<td class="nump">2,513.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember', window );">Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">19,853.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(447.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_CommoditiesRiskPortionOfCostExposureMember', window );">Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">4,809.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(275.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfCostExposureMember', window );">US Dollars risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">14,874.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(185.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_EurosRiskPortionOfCostExposureMember', window );">Euros risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">32.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">1.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_MexicanPesosRiskPortionOfCostExposureMember', window );">Mexican Pesos risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">136.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">10.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalFixedAssetExposureMember', window );">Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">226.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(3.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfFixedAssetsExposureMember', window );">US Dollars risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">226.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(3.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalExpensesExposureMember', window );">Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">204.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(4.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfTheExpensesExposureMember', window );">US Dollars risk portion of the expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">204.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(4.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=abev_TotalFinancialRiskExposureMember', window );">Total financial risk exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">20,285.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(455.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">1,278.3<span></span>
</td>
<td class="nump">2,145.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">19,758.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(449.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">4,714.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(276.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | US Dollars risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">14,874.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(185.2)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Euros risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">32.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">1.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Mexican Pesos risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">136.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">10.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">226.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(3.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | US Dollars risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">226.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(3.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">204.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(4.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | US Dollars risk portion of the expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">204.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(4.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member] | Total financial risk exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">20,189.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="num">(457.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">2,072.9<span></span>
</td>
<td class="nump">2,855.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">95.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">1.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">95.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">1.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | US Dollars risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Euros risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Mexican Pesos risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | US Dollars risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | US Dollars risk portion of the expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member] | Total financial risk exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">95.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="nump">1.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | US Dollars risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | Euros risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | Mexican Pesos risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | US Dollars risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | US Dollars risk portion of the expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Later than three years and not later than four years [member] | Total financial risk exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | US Dollars risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Euros risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Mexican Pesos risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | US Dollars risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | US Dollars risk portion of the expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Later than four years and not later than five years [member] | Total financial risk exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="nump">2,026.8<span></span>
</td>
<td class="nump">R$ 2,384.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | Total cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | Commodities risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | US Dollars risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | Euros risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | Mexican Pesos risk portion of cost exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | Total fixed asset exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | US Dollars risk portion of fixed assets exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | Total expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | US Dollars risk portion of the expenses exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member] | Total financial risk exposure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Fair Value</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial assets. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValue</td>
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<tr>
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</table></div>
</div></td></tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalCostExposureMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
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<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_CommoditiesRiskPortionOfCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_CommoditiesRiskPortionOfCostExposureMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfCostExposureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_EurosRiskPortionOfCostExposureMember</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_MexicanPesosRiskPortionOfCostExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_MexicanPesosRiskPortionOfCostExposureMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalFixedAssetExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalFixedAssetExposureMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfFixedAssetsExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfFixedAssetsExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalExpensesExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalExpensesExposureMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
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<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_USDollarsRiskPortionOfTheExpensesExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=abev_TotalFinancialRiskExposureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=abev_TotalFinancialRiskExposureMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td></td>
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<tr>
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<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131422036704">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Terms and Debt Repayment Schedule (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="2"><div>Dec. 31, 2022</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Carrying amount</a></td>
<td class="nump">R$ 43,125.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 42,076.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">45,318.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">43,904.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">38,019.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">35,698.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">1,278.3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,145.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Later than two years and not later than three years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">2,072.9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,855.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember', window );">Later than three years and not later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">1,921.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">820.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">2,026.8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,384.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Carrying amount</a></td>
<td class="nump">39,354.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">38,976.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">40,656.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">40,186.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">36,818.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">34,690.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">86.8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,279.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Later than two years and not later than three years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">1,275.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2,248.8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Later than three years and not later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">1,008.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">327.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">1,467.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,639.9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember', window );">Secured bank loans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Carrying amount</a></td>
<td class="nump">180.8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">247.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">245.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">328.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember', window );">Secured bank loans [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">68.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">88.9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember', window );">Secured bank loans [member] | Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">26.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">61.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember', window );">Secured bank loans [member] | Later than two years and not later than three years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">25.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember', window );">Secured bank loans [member] | Later than three years and not later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">50.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">50.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember', window );">Secured bank loans [member] | Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">75.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">100.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember', window );">Other Unsecured Bank Loans [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Carrying amount</a></td>
<td class="nump">472.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">130.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">759.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">234.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember', window );">Other Unsecured Bank Loans [Member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">169.9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">46.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember', window );">Other Unsecured Bank Loans [Member] | Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">156.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">48.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember', window );">Other Unsecured Bank Loans [Member] | Later than two years and not later than three years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">151.6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">29.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember', window );">Other Unsecured Bank Loans [Member] | Later than three years and not later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">165.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember', window );">Other Unsecured Bank Loans [Member] | Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">115.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">90.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Carrying amount</a></td>
<td class="nump">3,117.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,639.3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">3,657.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,070.9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">962.9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">788.5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member] | Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">1,008.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">756.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member] | Later than two years and not later than three years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">621.0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">550.7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member] | Later than three years and not later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">696.9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">422.4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease liabilities [member] | Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="nump">R$ 368.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">553.2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember', window );">Unsecured bank loans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Carrying amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember', window );">Unsecured bank loans [member] | Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84.1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember', window );">Unsecured bank loans [member] | Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember', window );">Unsecured bank loans [member] | Later than two years and not later than three years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember', window );">Unsecured bank loans [member] | Later than three years and not later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember', window );">Unsecured bank loans [member] | Later than five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Contractual cash flows</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#8217;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 55<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 112<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_SecuredBankLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_OtherUnsecuredBankLoansMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=abev_UnsecuredBankLoansMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>164
<FILENAME>R150.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444744464">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Consolidated Financial Instrument (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">R$ 23,590.9<span></span>
</td>
<td class="nump">R$ 26,388.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">34,747.6<span></span>
</td>
<td class="nump">35,037.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_TradePayableMember', window );">Trade payable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">24,837.9<span></span>
</td>
<td class="nump">25,695.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_PutOptionGrantedOnSubsidiaryMember', window );">Put option granted on subsidiary [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">3,060.3<span></span>
</td>
<td class="nump">3,291.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_DerivativeHedgeMember', window );">Derivative hedge [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">729.4<span></span>
</td>
<td class="nump">492.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_InterestbearingLoansAndBorrowingsMember', window );">Interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">3,770.7<span></span>
</td>
<td class="nump">3,100.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_OtherLiabilities1Member', window );">Other Liabilities 1 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">2,349.3<span></span>
</td>
<td class="nump">2,458.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember', window );">Financial liabilities at amortised cost, category [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">30,624.2<span></span>
</td>
<td class="nump">31,059.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember', window );">Financial liabilities at amortised cost, category [member] | Trade payable [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">24,837.9<span></span>
</td>
<td class="nump">25,695.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember', window );">Financial liabilities at amortised cost, category [member] | Interest-bearing loans and borrowings [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">3,770.7<span></span>
</td>
<td class="nump">3,100.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember', window );">Financial liabilities at amortised cost, category [member] | Other Liabilities 1 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">2,015.6<span></span>
</td>
<td class="nump">2,263.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember', window );">Financial liabilities at fair value through profit or loss, category [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">4,123.4<span></span>
</td>
<td class="nump">3,978.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember', window );">Financial liabilities at fair value through profit or loss, category [member] | Put option granted on subsidiary [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">3,060.3<span></span>
</td>
<td class="nump">3,291.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember', window );">Financial liabilities at fair value through profit or loss, category [member] | Derivative hedge [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">729.4<span></span>
</td>
<td class="nump">492.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember', window );">Financial liabilities at fair value through profit or loss, category [member] | Other Liabilities 1 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liability</a></td>
<td class="nump">333.7<span></span>
</td>
<td class="nump">194.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_FinancialAssetCashAndCashEquivalentsMember', window );">Financial asset, cash and cash equivalents [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">14,852.1<span></span>
</td>
<td class="nump">16,597.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">7,791.4<span></span>
</td>
<td class="nump">7,084.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_FinancialAssetInvestmentSecuritiesMember', window );">Financial asset, investment securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">673.6<span></span>
</td>
<td class="nump">2,107.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_DerivativeHedgeMember', window );">Derivative hedge [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">273.8<span></span>
</td>
<td class="nump">599.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember', window );">Financial assets at amortised cost, category [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">22,862.6<span></span>
</td>
<td class="nump">23,874.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember', window );">Financial assets at amortised cost, category [member] | Financial asset, cash and cash equivalents [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">14,852.1<span></span>
</td>
<td class="nump">16,597.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember', window );">Financial assets at amortised cost, category [member] | Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">7,791.4<span></span>
</td>
<td class="nump">7,084.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember', window );">Financial assets at amortised cost, category [member] | Financial asset, investment securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">219.1<span></span>
</td>
<td class="nump">192.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember', window );">Financial assets at amortised cost, category [member] | Derivative hedge [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember', window );">Financial assets at fair value through profit or loss, category [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">728.3<span></span>
</td>
<td class="nump">2,513.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember', window );">Financial assets at fair value through profit or loss, category [member] | Financial asset, cash and cash equivalents [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember', window );">Financial assets at fair value through profit or loss, category [member] | Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember', window );">Financial assets at fair value through profit or loss, category [member] | Financial asset, investment securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">454.5<span></span>
</td>
<td class="nump">1,914.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember', window );">Financial assets at fair value through profit or loss, category [member] | Derivative hedge [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Financial asset</a></td>
<td class="nump">R$ 273.8<span></span>
</td>
<td class="nump">R$ 599.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:stringItemType</td>
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<tr>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 35H<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 35M<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 35N<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 35I<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssets</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
</div></td></tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_TradePayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_PutOptionGrantedOnSubsidiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_PutOptionGrantedOnSubsidiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_DerivativeHedgeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_DerivativeHedgeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_InterestbearingLoansAndBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_InterestbearingLoansAndBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_OtherLiabilities1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=abev_OtherLiabilities1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_FinancialAssetCashAndCashEquivalentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=abev_FinancialAssetCashAndCashEquivalentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_FinancialAssetInvestmentSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=abev_FinancialAssetInvestmentSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_DerivativeHedgeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=abev_DerivativeHedgeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember">
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<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>165
<FILENAME>R151.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456877376">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Fair Value Hierarchy (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial asset at fair value through profit and loss</a></td>
<td class="nump">R$ 454.5<span></span>
</td>
<td class="nump">R$ 1,914.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges', window );">Derivatives - operational hedge</a></td>
<td class="nump">273.8<span></span>
</td>
<td class="nump">599.0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">&#160;Total</a></td>
<td class="nump">728.3<span></span>
</td>
<td class="nump">2,513.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit and loss</a></td>
<td class="nump">3,393.9<span></span>
</td>
<td class="nump">3,486.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge', window );">Derivatives - operational hedge</a></td>
<td class="nump">729.4<span></span>
</td>
<td class="nump">492.5<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">&#160;Total</a></td>
<td class="nump">4,123.3<span></span>
</td>
<td class="nump">3,978.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 of fair value hierarchy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial asset at fair value through profit and loss</a></td>
<td class="nump">454.5<span></span>
</td>
<td class="nump">1,914.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges', window );">Derivatives - operational hedge</a></td>
<td class="nump">57.0<span></span>
</td>
<td class="nump">159.1<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">&#160;Total</a></td>
<td class="nump">511.5<span></span>
</td>
<td class="nump">2,073.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit and loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge', window );">Derivatives - operational hedge</a></td>
<td class="nump">76.1<span></span>
</td>
<td class="nump">193.4<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">&#160;Total</a></td>
<td class="nump">76.1<span></span>
</td>
<td class="nump">193.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 of fair value hierarchy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial asset at fair value through profit and loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges', window );">Derivatives - operational hedge</a></td>
<td class="nump">216.8<span></span>
</td>
<td class="nump">439.9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">&#160;Total</a></td>
<td class="nump">216.8<span></span>
</td>
<td class="nump">439.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit and loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge', window );">Derivatives - operational hedge</a></td>
<td class="nump">653.3<span></span>
</td>
<td class="nump">299.1<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">&#160;Total</a></td>
<td class="nump">653.3<span></span>
</td>
<td class="nump">299.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 of fair value hierarchy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial asset at fair value through profit and loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges', window );">Derivatives - operational hedge</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">&#160;Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit and loss</a></td>
<td class="nump">3,393.9<span></span>
</td>
<td class="nump">3,486.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge', window );">Derivatives - operational hedge</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">&#160;Total</a></td>
<td class="nump">R$ 3,393.9<span></span>
</td>
<td class="nump">R$ 3,486.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of derivative financial assets held for hedging in operation hedges.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DerivativeFinancialAssetsHeldForHedgingOperationalHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of derivative financial liabilities held for hedging in operational hedges.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial assets. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 8<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial liabilities. [Refer: At fair value [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as &#8216;an accounting mismatch&#8217;) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity&#8217;s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 8<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131456726976">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS - Reconciliation of Changes In the Assets Categorized At Level 3 (Details)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2022 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities balance</a></td>
<td class="nump">R$ 35,037.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities balance</a></td>
<td class="nump">34,747.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 of fair value hierarchy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities balance</a></td>
<td class="nump">3,486.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesFairValueMeasurementLiabilities', window );">Acquisition of investments</a></td>
<td class="nump">161.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities', window );">Total gains and losses during the period</a></td>
<td class="num">(253.5)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities', window );">Losses/(gains) recognized in net income</a></td>
<td class="num">(46.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities', window );">Losses/(gains) recognized in equity</a></td>
<td class="num">(207.2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Financial liabilities balance</a></td>
<td class="nump">R$ 3,393.9<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in equity on the fair value measurement of liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GainsLossesRecognisedEquityFairValueMeasurementLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised on the fair value measurement of liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 25<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) including exchange differences recognised in profit or loss on the fair value measurement of liabilities. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchasesFairValueMeasurementLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The increase in the fair value measurement of liabilities resulting from purchases of those liabilities. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2022-03-24<br> -Paragraph 93<br> -Subparagraph e<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_93_e_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchasesFairValueMeasurementLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>167
<FILENAME>R153.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131445225824">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND RISKS (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Jul. 02, 2021</div></th>
<th class="th"><div>Jul. 02, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ValueAtRiskExposureProbable', window );">Value at risk exposure, probable</a></td>
<td class="nump">95.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ValueAtRiskAdverseScenarioDeteriorationPercentage', window );">Value at risk, adverse scenario, deterioration percentage</a></td>
<td class="nump">25.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ValueAtRiskRemoteScenarioDeteriorationPercentage', window );">Value at risk, remote scenario, deterioration percentage</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments', window );">Instruments sharing characteristic, highly liquid investments</a></td>
<td class="nump">R$ 376.9<span></span>
</td>
<td class="nump">R$ 1,152.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_OwnershipAxis=abev_TenedoraMember', window );">Tenedora [Member] | ELJ [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock', window );">Put options, exercisable number of shares, percent of outstanding stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PutOptionsFairValue', window );">Put options, fair value</a></td>
<td class="nump">3,053.7<span></span>
</td>
<td class="nump">R$ 3,284.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_OwnershipAxis=abev_TenedoraMember', window );">Tenedora [Member] | ELJ [Member] | Tranche A [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock', window );">Put options, exercisable number of shares, percent of outstanding stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">12.11%<span></span>
</td>
<td class="nump">12.11%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_srt_OwnershipAxis=abev_TenedoraMember', window );">Tenedora [Member] | ELJ [Member] | Tranche B [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock', window );">Put options, exercisable number of shares, percent of outstanding stock</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.89%<span></span>
</td>
<td class="nump">2.89%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_EquitySwapTransactionMember', window );">Equity swap transaction [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total gains (losses) on financial assets at fair value through profit or loss</a></td>
<td class="nump">R$ 78.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of highly liquid investments of instruments sharing characteristics.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_InstrumentsSharingCharacteristicHighlyLiquidInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percent of outstanding stock that number of exercisable shares from put options will give the holder upon exercise.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PutOptionsFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of put options held.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PutOptionsFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ValueAtRiskAdverseScenarioDeteriorationPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value at risk under an adverse scenario relating to the deterioration percentage.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ValueAtRiskAdverseScenarioDeteriorationPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ValueAtRiskExposureProbable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage range for potential exposure under a probable scenario using Value at Risk.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ValueAtRiskExposureProbable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ValueAtRiskRemoteScenarioDeteriorationPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The value at risk under a remote scenario relating to the deterioration percentage.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ValueAtRiskRemoteScenarioDeteriorationPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on financial assets at fair value through profit or loss. [Refer: Financial assets at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 20<br> -Subparagraph a<br> -Clause i<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_20_a_i&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_OwnershipAxis=abev_TenedoraMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_OwnershipAxis=abev_TenedoraMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=abev_ELJMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=abev_ELJMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheBMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfOrdinarySharesAxis=abev_TrancheBMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=abev_EquitySwapTransactionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=abev_EquitySwapTransactionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>168
<FILENAME>R154.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448516928">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Components of Collateral and Commitments (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract', window );"><strong>Collateral And Contractual Commitments With Suppliers Advances From Customers And Others</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue', window );">Collateral held permitted to be sold or repledged in absence of default by owner of collateral, at fair value</a></td>
<td class="nump">R$ 764.5<span></span>
</td>
<td class="nump">R$ 788.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherCommitmentsHeld', window );">Other commitments</a></td>
<td class="nump">1,368.1<span></span>
</td>
<td class="nump">1,719.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CollateralAndOtherCommitments', window );">Total</a></td>
<td class="nump">2,132.6<span></span>
</td>
<td class="nump">2,507.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CommitmentsWithSuppliers', window );">Commitments to suppliers</a></td>
<td class="nump">50,365.3<span></span>
</td>
<td class="nump">51,562.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalExposureLiabilities', window );">Total</a></td>
<td class="nump">R$ 50,365.3<span></span>
</td>
<td class="nump">R$ 51,562.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CollateralAndOtherCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recorded for collateral and other commitments outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CollateralAndOtherCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CommitmentsWithSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount committed to suppliers.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CommitmentsWithSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherCommitmentsHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Other commitments held for a purpose restricting the use of cash.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherCommitmentsHeld</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TotalExposureLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that the entity may have to pay due to exposure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TotalExposureLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The fair value of collateral held that is permitted to be sold or repledged in the absence of default by the owner of the collateral. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2022-03-24<br> -Paragraph 15<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_15_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>169
<FILENAME>R155.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131453047456">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Future Contractual Commitments (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalExposureLiabilities', window );">Future contractual commitments</a></td>
<td class="nump">R$ 50,365.3<span></span>
</td>
<td class="nump">R$ 51,562.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Not later than one year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalExposureLiabilities', window );">Future contractual commitments</a></td>
<td class="nump">12,491.0<span></span>
</td>
<td class="nump">11,559.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Later than one year and not later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalExposureLiabilities', window );">Future contractual commitments</a></td>
<td class="nump">10,315.3<span></span>
</td>
<td class="nump">9,982.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_MaturityAxis=abev_LaterThanTwoYearsMember', window );">Later than two years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TotalExposureLiabilities', window );">Future contractual commitments</a></td>
<td class="nump">R$ 27,559.0<span></span>
</td>
<td class="nump">R$ 30,019.9<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TotalExposureLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that the entity may have to pay due to exposure.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TotalExposureLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=abev_LaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=abev_LaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>170
<FILENAME>R156.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131453006560">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract', window );"><strong>Collateral And Contractual Commitments With Suppliers Advances From Customers And Others</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CollateralAndOtherCommitments', window );">Collateral and other commitments</a></td>
<td class="nump">R$ 2,132.6<span></span>
</td>
<td class="nump">R$ 2,507.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_CashGuarantees', window );">Cash guarantees</a></td>
<td class="nump">744.0<span></span>
</td>
<td class="nump">682.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_GuaranteesHeldForDerivativeInstruments', window );">Guarantees held for derivative instruments</a></td>
<td class="nump">R$ 376.9<span></span>
</td>
<td class="nump">R$ 1,152.8<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CashGuarantees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recorded for cash guarantees.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CashGuarantees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_CollateralAndOtherCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount recorded for collateral and other commitments outstanding.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_CollateralAndOtherCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DisclosureCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOthersAbstract</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_GuaranteesHeldForDerivativeInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of guarantees held for derivative instrument requirements.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_GuaranteesHeldForDerivativeInstruments</td>
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<td>abev_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>171
<FILENAME>R157.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131452677376">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CONTINGENCIES - Estimates of Amounts of Possible Losses (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimates of amounts of possible losses</a></td>
<td class="nump">R$ 91,560.7<span></span>
</td>
<td class="nump">R$ 82,445.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_IncomeTaxAndSocialContributionMember', window );">Income tax and social contribution [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimates of amounts of possible losses</a></td>
<td class="nump">60,453.5<span></span>
</td>
<td class="nump">54,258.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_ValueAddedAndExciseTaxesMember', window );">Value added and excise taxes [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimates of amounts of possible losses</a></td>
<td class="nump">25,904.6<span></span>
</td>
<td class="nump">23,912.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_PISAndCOFINSTaxContingentLiabilityMember', window );">PIS and COFINS tax contingent liability [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimates of amounts of possible losses</a></td>
<td class="nump">3,293.5<span></span>
</td>
<td class="nump">2,667.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_OtherContingentLiabilitiesMember', window );">Other contingent liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimates of amounts of possible losses</a></td>
<td class="nump">R$ 1,909.1<span></span>
</td>
<td class="nump">R$ 1,606.3<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of the estimated financial effect of contingent liabilities. [Refer: Contingent liabilities [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 86<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_86_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EstimatedFinancialEffectOfContingentLiabilities</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_IncomeTaxAndSocialContributionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_IncomeTaxAndSocialContributionMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_ValueAddedAndExciseTaxesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_ValueAddedAndExciseTaxesMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_PISAndCOFINSTaxContingentLiabilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_PISAndCOFINSTaxContingentLiabilityMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_OtherContingentLiabilitiesMember</td>
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<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>172
<FILENAME>R158.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131422173472">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONTINGENCIES (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">R$ 91,560.7<span></span>
</td>
<td class="nump">R$ 82,445.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">919.7<span></span>
</td>
<td class="nump">776.1<span></span>
</td>
<td class="nump">R$ 572.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCredits', window );">Recoverable tax credits</a></td>
<td class="nump">9,400.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentAssets', window );">Estimated financial effect of contingent assets</a></td>
<td class="nump">700.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom1990To2009Member', window );">Tax Credit Periods From 1990 to 2009 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCredits', window );">Recoverable tax credits</a></td>
<td class="nump">700.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom2015To2018Member', window );">Tax Credit Periods From 2015 to 2018 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCredits', window );">Recoverable tax credits</a></td>
<td class="nump">4,000.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom2009To2015Member', window );">Tax Credit Periods From 2009 to 2015 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_RecoverableTaxCredits', window );">Recoverable tax credits</a></td>
<td class="nump">4,700.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember', window );">Tax contingent liability related to disallowance on income tax deduction [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">2,300.0<span></span>
</td>
<td class="nump">2,100.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TaxLossOffsetMember', window );">Tax Loss Offset [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">548.0<span></span>
</td>
<td class="nump">411.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=abev_TheStateOfAmazonasMember', window );">The State of Amazonas [member] | The tax contingent liability [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">561.5<span></span>
</td>
<td class="nump">521.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=abev_StatesOfRioGrandeDoSulAndSoPauloMember', window );">States of Rio Grande do Sul and S&amp;amp;#63;o Paulo [member] | The tax contingent liability [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">730.3<span></span>
</td>
<td class="nump">663.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CounterpartiesAxis=abev_StateOfParabaMember', window );">State of Para&amp;amp;#63;ba [member] | The tax contingent liability [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">591.4<span></span>
</td>
<td class="nump">540.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember', window );">Tax contingent liability [member] | InBev holding brasil S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">R$ 11,100.0<span></span>
</td>
<td class="nump">10,400.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement', window );">abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement</a></td>
<td class="nump">70.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember', window );">Tax contingent liability [member] | Beverage Associates Holding Limited [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">R$ 2,200.0<span></span>
</td>
<td class="nump">2,300.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember', window );">Tax contingent liability [member] | Cervecer&amp;amp;#63;a Nacional Dominicana S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">1,300.0<span></span>
</td>
<td class="nump">900.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember', window );">Tax contingent liability [member] | AROSUCO AROMAS E SUCOS LTDA. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">581.5<span></span>
</td>
<td class="nump">534.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_TaxContingentLiabilityMember', window );">Tax contingent liability [member] | Relevant states [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">9,300.0<span></span>
</td>
<td class="nump">8,400.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_LegalProceedingsContingentLiabilityMember', window );">Legal proceedings contingent liability [member] | Department of Federal Revenue of Brazil [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">7,300.0<span></span>
</td>
<td class="nump">7,500.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Total provisions</a></td>
<td class="nump">58.0<span></span>
</td>
<td class="nump">54.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_LegalProceedingsContingentLiabilityMember', window );">Legal proceedings contingent liability [member] | Brazilian federal tax authorities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">1,600.0<span></span>
</td>
<td class="nump">1,800.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_LegalProceedingsContingentLiabilityMember', window );">Legal proceedings contingent liability [member] | States of S&amp;amp;#63;o Paulo, Rio de Janeiro, Minas Gerais and other States [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">1,700.0<span></span>
</td>
<td class="nump">2,000.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=ifrs-full_LegalProceedingsContingentLiabilityMember', window );">Legal proceedings contingent liability [member] | State of Pernambuco [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">663.9<span></span>
</td>
<td class="nump">596.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatedToExpensesMember', window );">Tax contingent liability related to expenses [member] | Brazilian Tax authorities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">5,200.0<span></span>
</td>
<td class="nump">5,000.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatedToTaxesPaidAbroadMember', window );">Tax contingent liability related to taxes paid abroad [member] | Brazilian Tax authorities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">12,600.0<span></span>
</td>
<td class="nump">11,300.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatedToIocExpensesMember', window );">Tax contingent liability related to IOC expenses [member] | Brazilian federal tax authorities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">13,800.0<span></span>
</td>
<td class="nump">10,500.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember', window );">Tax contingent liability relating to Manaus Free Trade Zone - ZFM [member] | Brazilian federal tax authorities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">5,800.0<span></span>
</td>
<td class="nump">4,900.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ClassesOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatingToIpiExciseTaxesMember', window );">Tax contingent liability relating to IPI excise taxes [member] | Brazilian federal tax authorities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities', window );">Estimated financial effect of contingent liabilities</a></td>
<td class="nump">R$ 1,700.0<span></span>
</td>
<td class="nump">R$ 1,600.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage reimbursement possible due to the financial effect of contingent liabilities.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RecoverableTaxCredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of recoverable tax credits during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RecoverableTaxCredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EstimatedFinancialEffectOfContingentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of the estimated financial effect of possible assets that arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within control of the entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 89<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_89&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EstimatedFinancialEffectOfContingentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EstimatedFinancialEffectOfContingentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of the estimated financial effect of contingent liabilities. [Refer: Contingent liabilities [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2022-03-24<br> -Paragraph 86<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_86_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EstimatedFinancialEffectOfContingentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Provisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities of uncertain timing or amount, including provisions for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2022-03-24<br> -Paragraph 54<br> -Subparagraph l<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Provisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom1990To2009Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom1990To2009Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom2015To2018Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom2015To2018Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom2009To2015Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=abev_TaxCreditPeriodsFrom2009To2015Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TaxLossOffsetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TaxLossOffsetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=abev_TheStateOfAmazonasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=abev_TheStateOfAmazonasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TheTaxContingentLiabilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ItemsOfContingentLiabilitiesAxis=abev_TheTaxContingentLiabilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=abev_StatesOfRioGrandeDoSulAndSoPauloMember">
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<td><strong> Name:</strong></td>
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<td><strong> Name:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>173
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131450427072">
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<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTIES - Expenses Related to Management Members (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
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<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits', window );">Short-term benefits</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 74.2<span></span>
</td>
<td class="nump">R$ 68.3<span></span>
</td>
<td class="nump">R$ 26.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment', window );">Share-based payments&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">66.0<span></span>
</td>
<td class="nump">65.3<span></span>
</td>
<td class="nump">42.7<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensation', window );">Total key management remuneration&#160;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 140.2<span></span>
</td>
<td class="nump">R$ 133.6<span></span>
</td>
<td class="nump">R$ 68.7<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">These mainly correspond to management&#8217;s salaries and profit sharing (including performance bonuses).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration
paid to members of the Fiscal Council.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_RelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_RelatedPartiesAbstract</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensation</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of share-based payments. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -Subparagraph e<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17_e&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of short-term employee benefits. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div>
</body>
</html>
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<DOCUMENT>
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<FILENAME>R160.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131445428976">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTIES - Transactions With Related Parties (Details) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">R$ 290.7<span></span>
</td>
<td class="nump">R$ 155.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="nump">24.8<span></span>
</td>
<td class="nump">39.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions1', window );">Trade payables, related parties</a></td>
<td class="num">(830.4)<span></span>
</td>
<td class="num">(1,210.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NoncurrentTradePayablesRelatedParties', window );">Noncurrent trade payables, related parties</a></td>
<td class="num">(343.6)<span></span>
</td>
<td class="num">(407.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">269.1<span></span>
</td>
<td class="nump">90.4<span></span>
</td>
<td class="nump">R$ 98.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="nump">14.8<span></span>
</td>
<td class="nump">3.6<span></span>
</td>
<td class="nump">0.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(3,250.7)<span></span>
</td>
<td class="num">(3,725.9)<span></span>
</td>
<td class="num">(2,761.5)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="num">(36.9)<span></span>
</td>
<td class="num">(38.9)<span></span>
</td>
<td class="num">(37.7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="nump">247.9<span></span>
</td>
<td class="nump">42.5<span></span>
</td>
<td class="nump">12.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschAfricaMember', window );">Anheuser-Busch Africa [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">1.6<span></span>
</td>
<td class="nump">5.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInBevNvMember', window );">Anheuser-Busch InBev N.V. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">142.7<span></span>
</td>
<td class="nump">45.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(82.0)<span></span>
</td>
<td class="num">(167.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">0.1<span></span>
</td>
<td class="nump">0.7<span></span>
</td>
<td class="nump">0.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="nump">5.2<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(117.3)<span></span>
</td>
<td class="num">(180.3)<span></span>
</td>
<td class="num">(80.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="num">(8.5)<span></span>
</td>
<td class="num">(10.7)<span></span>
</td>
<td class="num">(9.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="nump">208.7<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschPackageMember', window );">Anheuser-Busch Package [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(79.3)<span></span>
</td>
<td class="num">(63.1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(356.8)<span></span>
</td>
<td class="num">(286.7)<span></span>
</td>
<td class="num">(159.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInbevServicesLlcMember', window );">Anheuser-Busch Inbev Services LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">23.7<span></span>
</td>
<td class="nump">32.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(5.7)<span></span>
</td>
<td class="num">(3.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInbevUsaLlcMember', window );">Anheuser-Busch Inbev USA LLC [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">71.1<span></span>
</td>
<td class="nump">34.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">11.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(237.7)<span></span>
</td>
<td class="num">(330.7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">25.5<span></span>
</td>
<td class="nump">32.1<span></span>
</td>
<td class="nump">35.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(1,129.7)<span></span>
</td>
<td class="num">(1,209.9)<span></span>
</td>
<td class="num">(977.0)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="num">(3.2)<span></span>
</td>
<td class="num">(3.9)<span></span>
</td>
<td class="num">(3.2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">0.3<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_BavariaSaMember', window );">Bavaria S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">13.9<span></span>
</td>
<td class="nump">3.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(6.9)<span></span>
</td>
<td class="num">(11.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">32.0<span></span>
</td>
<td class="nump">30.9<span></span>
</td>
<td class="nump">26.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(56.7)<span></span>
</td>
<td class="num">(57.0)<span></span>
</td>
<td class="num">(48.0)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_CerveceriaModeloDeMexicoSDeRlDeCvMember', window );">Cervecer&amp;amp;#63;a Modelo de Mexico S. de R.L. de C.V. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">12.0<span></span>
</td>
<td class="nump">6.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(345.5)<span></span>
</td>
<td class="num">(548.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">124.4<span></span>
</td>
<td class="nump">0.8<span></span>
</td>
<td class="num">(0.1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(1,323.6)<span></span>
</td>
<td class="num">(1,708.2)<span></span>
</td>
<td class="num">(1,269.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_CerveceriaPeruanasMember', window );">Cervecer&amp;amp;#63;a Peruanas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">0.9<span></span>
</td>
<td class="nump">3.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(46.4)<span></span>
</td>
<td class="num">(16.6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">1.7<span></span>
</td>
<td class="nump">3.2<span></span>
</td>
<td class="nump">13.3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(49.6)<span></span>
</td>
<td class="num">(32.9)<span></span>
</td>
<td class="num">(40.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_InbevBelgiumNvMember', window );">Inbev Belgium N.V. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">1.0<span></span>
</td>
<td class="nump">0.8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="nump">23.9<span></span>
</td>
<td class="nump">26.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(12.2)<span></span>
</td>
<td class="num">(26.4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(0.9)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(129.8)<span></span>
</td>
<td class="num">(107.9)<span></span>
</td>
<td class="num">(102.3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_PanamaHoldingMember', window );">Panam&amp;amp;#63; Holding [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">3.9<span></span>
</td>
<td class="nump">4.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember', window );">Other related parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradeReceivablesRelatedPartyTransactions', window );">Trade receivables, related parties</a></td>
<td class="nump">19.9<span></span>
</td>
<td class="nump">18.7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_OtherTradeReceivablesRelatedPartyTransactions', window );">Other trade receivables, related parties</a></td>
<td class="nump">0.9<span></span>
</td>
<td class="nump">1.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_TradePayablesRelatedPartyTransactions', window );">Trade payables, related parties</a></td>
<td class="num">(14.7)<span></span>
</td>
<td class="num">(44.5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_DividendsReceivablesRelatedPartyTransactions', window );">Dividends receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">84.8<span></span>
</td>
<td class="nump">19.5<span></span>
</td>
<td class="nump">22.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="nump">9.6<span></span>
</td>
<td class="nump">3.6<span></span>
</td>
<td class="nump">0.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="num">(87.2)<span></span>
</td>
<td class="num">(143.0)<span></span>
</td>
<td class="num">(83.9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="nump">1.9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_InterbrewInternationalBvMember', window );">Interbrew International B.V. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NoncurrentTradePayablesRelatedParties', window );">Noncurrent trade payables, related parties</a></td>
<td class="num">(343.6)<span></span>
</td>
<td class="num">(407.9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="nump">37.3<span></span>
</td>
<td class="nump">42.2<span></span>
</td>
<td class="nump">10.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschProcurementMember', window );">Anheuser-Busch Procurement [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">0.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(0.6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="num">(18.1)<span></span>
</td>
<td class="num">(16.1)<span></span>
</td>
<td class="num">(17.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AmbevPeruMember', window );">Ambev Peru [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="nump">0.6<span></span>
</td>
<td class="nump">3.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_GCCIndiaMember', window );">GCC India [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="num">(7.1)<span></span>
</td>
<td class="num">(8.2)<span></span>
</td>
<td class="num">(7.3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_OrientalBreweryMember', window );">Oriental Brewery [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions', window );">Sales and others, related parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Sales/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions', window );">Buying and others, related parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions', window );">Buying/service fees/reimbursement of expenses and others, related parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_NetFinanceCostRelatedPartyTransactions', window );">Net finance cost, related parties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_DividendsReceivablesRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends receivables resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_DividendsReceivablesRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NetFinanceCostRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of net finance cost resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NetFinanceCostRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_NoncurrentTradePayablesRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Noncurrent trade payables, related parties</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_NoncurrentTradePayablesRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_OtherTradeReceivablesRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of other trade receivables resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_OtherTradeReceivablesRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of sales, service fees, reimbursements of expenses and others resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of service fees, reimbursement of expenses and others resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TradePayablesRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of trade payables resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TradePayablesRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TradePayablesRelatedPartyTransactions1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TradePayablesRelatedPartyTransactions1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_TradeReceivablesRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables resulting from related party transactions.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_TradeReceivablesRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of goods purchased by the entity in related party transactions. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2022-03-24<br> -Paragraph 21<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_21_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchasesOfGoodsRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
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<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from the sale of goods in related party transactions. [Refer: Revenue; Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2022-03-24<br> -Paragraph 21<br> -Subparagraph a<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_21_a&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromSaleOfGoodsRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschAfricaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschAfricaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInBevNvMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInBevNvMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschPackageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschPackageMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInbevServicesLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInbevServicesLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInbevUsaLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschInbevUsaLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_BavariaSaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_BavariaSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_CerveceriaModeloDeMexicoSDeRlDeCvMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_CerveceriaModeloDeMexicoSDeRlDeCvMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_CerveceriaPeruanasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_CerveceriaPeruanasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_InbevBelgiumNvMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_InbevBelgiumNvMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_PanamaHoldingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_PanamaHoldingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_InterbrewInternationalBvMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_InterbrewInternationalBvMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschProcurementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschProcurementMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AmbevPeruMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AmbevPeruMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_GCCIndiaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_GCCIndiaMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_OrientalBreweryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_OrientalBreweryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>175
<FILENAME>R161.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131448447872">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTIES (Details Narrative) - BRL (R$)<br> R$ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2022</div></th>
<th class="th"><div>Dec. 31, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
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<tr class="rh">
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_PercentageOfOwnershipHeldByARelatedParty', window );">Percentage of ownership held by a related party</a></td>
<td class="nump">10.20%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExpensesIncurredByARelatedParty', window );">Expenses incurred by a related party</a></td>
<td class="nump">R$ 308.8<span></span>
</td>
<td class="nump">R$ 279.4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_FundacaoZerrennerMember', window );">Fundacao Zerrenner [member] | Active employees [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExpensesIncurredByARelatedParty', window );">Expenses incurred by a related party</a></td>
<td class="nump">270.7<span></span>
</td>
<td class="nump">247.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_FundacaoZerrennerMember', window );">Fundacao Zerrenner [member] | Retirees [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_ExpensesIncurredByARelatedParty', window );">Expenses incurred by a related party</a></td>
<td class="nump">38.1<span></span>
</td>
<td class="nump">32.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschIncMember', window );">Anheuser-Busch, Inc [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions', window );">Transfers under licence agreements from entity, related party transactions</a></td>
<td class="nump">22.6<span></span>
</td>
<td class="nump">17.0<span></span>
</td>
<td class="nump">R$ 2.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions', window );">Transfers under licence agreements to entity, related party transactions</a></td>
<td class="nump">R$ 736.7<span></span>
</td>
<td class="nump">R$ 819.0<span></span>
</td>
<td class="nump">R$ 644.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_ExpensesIncurredByARelatedParty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses incurred by a related party during the period.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_ExpensesIncurredByARelatedParty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_PercentageOfOwnershipHeldByARelatedParty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The percentage of ownership of the company that is held by a related party.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_PercentageOfOwnershipHeldByARelatedParty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of transfers under licence agreements from the entity in related party transactions. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2022-03-24<br> -Paragraph 21<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_21_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The amount of transfers under licence agreements to the entity in related party transactions. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2022-03-24<br> -Paragraph 21<br> -Subparagraph f<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_21_f&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_FundacaoZerrennerMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_FundacaoZerrennerMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=abev_ActiveEmployeesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=abev_ActiveEmployeesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CounterpartiesAxis=abev_RetireesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CounterpartiesAxis=abev_RetireesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=abev_AnheuserBuschIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<html>
<head>
<title></title>
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140131444971232">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>GROUP COMPANIES - Consolidated Companies (Details)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2022</div></th></tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_ArgentinaMember', window );">Argentina [Member] | Cerveceria Y Malteria Quilmes Saica Y G [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">99.75%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Bolivia1Member', window );">Bolivia 1 [member] | CERVECERIA BOLIVIANA NACIONAL S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">85.34%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Brazil1Member', window );">Brazil 1 [Member] | Ambev Sa [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_StatusOfOwnershipInterestInSubsidiary', window );">Status of ownership interest in subsidiary</a></td>
<td class="text">Consolidating<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Brazil1Member', window );">Brazil 1 [Member] | AROSUCO AROMAS E SUCOS LTDA. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Brazil1Member', window );">Brazil 1 [Member] | Crbs Sa [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Brazil1Member', window );">Brazil 1 [Member] | Cervejaria Zx [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Canada1Member', window );">Canada 1 [member] | LABATT BREWING COMPANY LIMITED [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_ChilaMember', window );">Chila [Member] | Cervecria Chile S A [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Spain1Member', window );">Spain 1 [member] | JALUA SPAIN, S.L. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Luxembourg1Member', window );">Luxembourg 1 [member] | AMBEV LUXEMBOURG [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Guatemala1Member', window );">Guatemala 1 [member] | INDUSTRIAS DEL ATL&amp;amp;#63;NTICO, S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">50.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Paraguay1Member', window );">Paraguay 1 [member] | CERVECERIA PARAGUAYA S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">87.35%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_DominicanRepublic1Member', window );">Dominican Republic 1 [member] | Cervecer&amp;amp;#63;a Nacional Dominicana S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">85.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Uruguay1Member', window );">Uruguay 1 [member] | LINTHAL S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Uruguay1Member', window );">Uruguay 1 [member] | CERVECERIA Y MALTERIA PAYSSAND&amp;amp;#63; S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Uruguay1Member', window );">Uruguay 1 [member] | MONTHIERS S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=abev_Panama1Member', window );">Panama 1 [member] | Cerveceria Nacional S. de R.L. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_abev_IfrsStatementLineItems', window );"><strong>IfrsStatementLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Proportion of ownership interest in subsidiary</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_IfrsStatementLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_IfrsStatementLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_abev_StatusOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The status of ownership interest in subsidiary.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">abev_StatusOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>abev_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2022-03-24<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2022-03-24<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2022-03-24<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2022-03-24<br> -Paragraph 19B<br> -Subparagraph c<br> -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2022-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2022-03-24<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_ArgentinaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_ArgentinaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceriaYMalteriaQuilmesSaicaYGMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceriaYMalteriaQuilmesSaicaYGMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_Bolivia1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Bolivia1Member</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
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<td></td>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceriaBolivianaNacionalSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Brazil1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_AmbevSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_ArosucoAromasESucosLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_ArosucoAromasESucosLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CrbsSaMember">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CrbsSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CervejariaZxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CervejariaZxMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_Canada1Member">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Canada1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_LabattBrewingCompanyLimitedMember">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_LabattBrewingCompanyLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_ChilaMember">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_ChilaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CervecriaChileSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CervecriaChileSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_Spain1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Spain1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_JaluaSpainSlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_JaluaSpainSlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_Luxembourg1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Luxembourg1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_AmbevLuxembourgMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_AmbevLuxembourgMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_Guatemala1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Guatemala1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_IndustriasDelAtlnticoSaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_IndustriasDelAtlnticoSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_Paraguay1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Paraguay1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceriaParaguayaSaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceriaParaguayaSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_DominicanRepublic1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_DominicanRepublic1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceraNacionalDominicanaSaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceraNacionalDominicanaSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=abev_Uruguay1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=abev_Uruguay1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_LinthalSaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_LinthalSaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=abev_CerveceriaYMalteriaPayssandSaMember">
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                <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">abev:LatinAmericaSouthMember</xbrldi:explicitMember>
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        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
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        <period>
            <instant>2021-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="srt:StatementGeographicalAxis">abev:BoliviaMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">abev:LatinAmericaSouthMember</xbrldi:explicitMember>
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        <period>
            <instant>2022-12-31</instant>
        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
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        <period>
            <instant>2021-12-31</instant>
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    <context id="AsOf2022-12-31_custom_ChileMember_custom_LatinAmericaSouthMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
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        <entity>
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            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
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        <period>
            <instant>2022-12-31</instant>
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        <entity>
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        <period>
            <instant>2021-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
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            <startDate>2022-01-01</startDate>
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        </period>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
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            <endDate>2022-12-31</endDate>
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        <entity>
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                <xbrldi:explicitMember dimension="ifrs-full:UnobservableInputsAxis">ifrs-full:WeightedAverageCostOfCapitalMeasurementInputMember</xbrldi:explicitMember>
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            <instant>2022-12-31</instant>
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        <entity>
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            <instant>2022-12-31</instant>
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        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
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            <instant>2022-12-31</instant>
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        <entity>
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        <entity>
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        <period>
            <instant>2022-12-31</instant>
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            <instant>2022-12-31</instant>
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    <context id="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_TotalFinancialRiskExposureMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">abev:TotalFinancialRiskExposureMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_TotalFinancialRiskExposureMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">abev:TotalFinancialRiskExposureMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_TotalFinancialRiskExposureMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">abev:TotalFinancialRiskExposureMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LaterThanFiveYearsMember_custom_TotalFinancialRiskExposureMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">abev:TotalFinancialRiskExposureMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_TradeAndOtherPayablesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
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    <context id="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:OtherUnsecuredBankLoansMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:OtherUnsecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:OtherUnsecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:OtherUnsecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:OtherUnsecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:OtherUnsecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">ifrs-full:LeaseLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">ifrs-full:LeaseLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">ifrs-full:LeaseLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">ifrs-full:LeaseLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">ifrs-full:LeaseLiabilitiesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2022-12-31_ifrs-full_LaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2022-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_TradeAndOtherPayablesMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
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        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
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            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
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                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
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        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
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    <context id="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_TradeAndOtherPayablesMember_ifrs-full_LaterThanFiveYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:TradeAndOtherPayablesMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001565025</identifier>
            <segment>
                <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">abev:SecuredBankLoansMember</xbrldi:explicitMember>
                <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <instant>2021-12-31</instant>
        </period>
    </context>
    <context id="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">
        <entity>
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    <ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">919000000.0</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
    <ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1305100000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
    <ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1642500000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">20642100000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">22901300000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">18855800000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">133900000</ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">301700000</ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">108000000.0</ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:ProceedsFromSalesOfInterestsInAssociates
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">500000</ifrs-full:ProceedsFromSalesOfInterestsInAssociates>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">6533100000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">7677100000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">4692700000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">3000000.0</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">133800000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">431500000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
    <ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">30000000.0</ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
    <ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">5300000</ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
    <ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">19100000</ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
    <abev:InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1413000000.0</abev:InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities>
    <abev:InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-236000000.0</abev:InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities>
    <abev:InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-1764300000</abev:InvestmentsInShorttermDebtSecuritiesAndNetProceedsacquisitionsOfDebtSecurities>
    <abev:NetProceedsAcquisitionOfOtherAssets
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">15000000.0</abev:NetProceedsAcquisitionOfOtherAssets>
    <abev:NetProceedsAcquisitionOfOtherAssets
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">15000000.0</abev:NetProceedsAcquisitionOfOtherAssets>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-5004200000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-7735000000.0</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-6799600000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:ProceedsFromIssueOfOrdinaryShares
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">23800000</ifrs-full:ProceedsFromIssueOfOrdinaryShares>
    <ifrs-full:ProceedsFromIssueOfOrdinaryShares
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">9100000</ifrs-full:ProceedsFromIssueOfOrdinaryShares>
    <abev:ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">700000</abev:ProceedsPaymentsFromNoncontrollingInterestsFinancingActivities>
    <abev:ProceedsFromRepurchasesOfTreasuryShares
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-54100000</abev:ProceedsFromRepurchasesOfTreasuryShares>
    <abev:ProceedsFromRepurchasesOfTreasuryShares
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-44200000</abev:ProceedsFromRepurchasesOfTreasuryShares>
    <abev:ProceedsFromRepurchasesOfTreasuryShares
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-7400000</abev:ProceedsFromRepurchasesOfTreasuryShares>
    <ifrs-full:PaymentsToAcquireOrRedeemEntitysShares
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">100000</ifrs-full:PaymentsToAcquireOrRedeemEntitysShares>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">274900000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">315200000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">3767900000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">230200000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">2454000000.0</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2042900000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <abev:PaymentsOnNetOfFinanceCostsOtherThanInterests
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">3255100000</abev:PaymentsOnNetOfFinanceCostsOtherThanInterests>
    <abev:PaymentsOnNetOfFinanceCostsOtherThanInterests
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">2089600000</abev:PaymentsOnNetOfFinanceCostsOtherThanInterests>
    <abev:PaymentsOnNetOfFinanceCostsOtherThanInterests
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2971500000</abev:PaymentsOnNetOfFinanceCostsOtherThanInterests>
    <abev:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">854700000</abev:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities>
    <abev:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">663200000</abev:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities>
    <abev:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities
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      decimals="-5"
      unitRef="BRL">498500000</abev:PaymentsOfFinanceLeaseLiabilitiesClassifiedAsFinancingActivities>
    <abev:DividendsAndInterestPaidOnShareholdersEquity
      contextRef="From2022-01-01to2022-12-31"
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    <abev:DividendsAndInterestPaidOnShareholdersEquity
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
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    <abev:DividendsAndInterestPaidOnShareholdersEquity
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">6850300000</abev:DividendsAndInterestPaidOnShareholdersEquity>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-16337800000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
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      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-16042000000.0</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-8602000000.0</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalents
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-699900000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalents
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-875700000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalents
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">3454200000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
    <abev:CashAndCashEquivalentsAfterBankOverdrafts contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">16597200000</abev:CashAndCashEquivalentsAfterBankOverdrafts>
    <abev:CashAndCashEquivalentsAfterBankOverdrafts contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">17090300000</abev:CashAndCashEquivalentsAfterBankOverdrafts>
    <abev:CashAndCashEquivalentsAfterBankOverdrafts contextRef="AsOf2019-12-31" decimals="-5" unitRef="BRL">11900700000</abev:CashAndCashEquivalentsAfterBankOverdrafts>
    <ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-1045200000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
    <ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">382600000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
    <ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1735400000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
    <abev:CashAndCashEquivalentsAfterBankOverdrafts contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">14852100000</abev:CashAndCashEquivalentsAfterBankOverdrafts>
    <abev:CashAndCashEquivalentsAfterBankOverdrafts contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">16597200000</abev:CashAndCashEquivalentsAfterBankOverdrafts>
    <abev:CashAndCashEquivalentsAfterBankOverdrafts contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">17090300000</abev:CashAndCashEquivalentsAfterBankOverdrafts>
    <abev:DescriptionOfCorporateInformationTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_803_ecustom--DescriptionOfCorporateInformationTextBlock_zcKlv0X0HVb2" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;1.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_006"/&gt;&lt;span id="xdx_822_zgC984SiqBC9"&gt;CORPORATE INFORMATION&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Description of business&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev S.A. (referred to as the &#x201c;Company&#x201d;
or &#x201c;Ambev&#x201d;) together with its subsidiaries (the &#x201c;Group&#x201d; or &#x201c;Consolidated&#x201d;), headquartered in S&#xe3;o
Paulo - SP, Brazil, has as its purpose, either directly or through participation in other companies, the production and sale of beer,
draft beer, soft drinks, other non-alcoholic beverages, malt and food in general, as well as the advertising of its own and of third party
products, the sale of promotional and advertising materials and the direct or indirect exploitation of bars, restaurants, snack bars and
similar establishments, among others.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company&#x2019;s shares and American Depositary Receipts
(&#x201c;ADRs&#x201d;) are listed on the Brasil, Bolsa, Balc&#xe3;o S.A. (&#x201c;B3&#x201d;) under the ticker &#x201c;ABEV3&#x201d; and on
the New York Stock Exchange (&#x201c;NYSE&#x201d;) under the ticker &#x201c;ABEV&#x201d;, respectively.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company&#x2019;s direct controlling shareholders are
Interbrew International B.V. (&#x201c;ITW International&#x201d;), AmBrew S.&#xe0;.r.l (&#x201c;Ambrew&#x201d;), both of which are subsidiaries
of Anheuser-Busch InBev N.V. (&#x201c;AB InBev&#x201d;).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The consolidated financial statements were authorized
for issue by the Board of Directors on March 15, 2023.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Major corporate events in 2022, 2021 and 2020 &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Tax Credits - 2022&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;After the decision of the Federal Supreme Court (&#x201c;STF&#x201d;)
in the judgment of RE 574,706/PR, rendered in 2017 and ratified in May 2021, which declared the unconstitutionality of the inclusion of
the ICMS in the taxable base of PIS and COFINS, the General Attorney&#x2019;s Office (&#x201c;PGFN&#x201d;), with binding effects, ruled
on the content and effects of this decision. The PGFN normative (PGFN Opinion 14,483/2021, which approved and complemented PGFN Opinion
No. 12,943/2021) presented its understanding of the limits of the judgment and equated the procedures that must be observed by the Tax
Administration in relation to the matter, especially with regard to issues related to the ICMS to be excluded from the taxable base of
PIS and COFINS, temporal aspects regarding the applicability of the STF understanding (modulation of effects) and the impacts of said
exclusion on the credits recorded by the purchasers upon acquisitions.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Considering the consolidation of PGFN's understanding
on the subject with biding effects, with important clarifications regarding the content and effects of the decision rendered by the STF
in the context of RE 574,706/PR, the Company carried out a set of analyses, with the support of its legal advisors and external consultants,
with the purpose&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;of deepening and exhausting all legal issues related
to a specific portion of its transactions, which, as they involve transactions between subsidiaries, present greater complexity in terms
of quantification of recoverable credit, notably considering aspects related to the system of non-cumulative calculation of PIS and COFINS
within a Group structure.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Such analysis presented additional complexity when compared
to the scenarios for recognition of credits resulting from exclusion of ICMS in the tax base of social contributions on gross revenues
(&#x201c;PIS and COFINS&#x201d;) previously registered by the Company, since it involves transactions with subsidiaries, as mentioned above,
considering the necessity of combining the legal understandings referred to above with the specific taxation regime in which the Company
is inserted.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In the second quarter of 2022, all relevant and necessary
steps were concluded for the fulfillment of the requirements for the accounting recognition of the asset, including its measurement with
reasonable assurance, the gathering of supporting documents and the quantification of the credit, the Company had its 2022 results positively impacted by an additional tax credit of R$&lt;span id="xdx_90B_ecustom--AdditionalTaxCredit_iI_pn8n9_c20221231_zysItaFkVrC1" title="Additional tax credit"&gt;1.2&lt;/span&gt; billion.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;With respect to the amount referred to above, R$&lt;span id="xdx_90C_ecustom--OtherOperatingIncomes_pn8n9_c20220101__20221231_z6kc9dkSJ9ye" title="Other operating income"&gt;0.9
&lt;/span&gt;billion was recorded in Other Operating Income, as described in Financial Statement Note 7 &#x2013; &lt;i&gt;Other Operating Income/(Expenses),
&lt;/i&gt;and R$&lt;span id="xdx_90E_eifrs-full--InsuranceFinanceIncomeExpenses_pn8n9_c20220101__20221231_zixEtifav8i6" title="Finance expenses and income"&gt;0.3&lt;/span&gt; billion in
Financial Income, as described in Note 11 &#x2013; &lt;i&gt;Financial Expenses and Income&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;COVID-19 pandemic impacts&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0"&gt;The impact of
the pandemic on our operations and the restrictions imposed in response by national governments, especially since March 2020, have
generated significant changes in market dynamics both in the off-trade sales channel, mainly comprised of supermarkets, and in the
on-trade channel, which consists of bars and restaurants. In each case, the more severe the restrictions on the marketing and
consumption of our products, the greater the reduction in volume, which is why Bolivia and Panama were the most affected countries,
especially in the fiscal year 2021. On the other hand, we observed an increase in sales related to e-commerce in all countries,
although this channel represents a small portion of the Company&#x2019;s total volume.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0"&gt;In early 2022, our operations,
mainly in Brazil, were impacted by the spread of the Omicron variant of COVID-19, which, combined with factors such as unfavorable&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0"&gt;weather, negatively
impacted our sales. From the second quarter on, with the progress of the vaccination programs and the greater control over the advance
of the COVID-19 pandemic, there was a relaxation of the restrictions in the regions in which we operate, favoring the recovery of the
on-trade channel, despite the uncertainty about how the consumption recovery will evolve in each of these territories.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In Brazil, the consistent implementation of the Company's
strategy combined with the context of relaxed restrictions and the return of occasions for out-of-home consumption generated a positive
volume trend, with growth in both volume and net revenue compared to the same period of 2021. In the event that circumstances related to
the COVID-19 pandemic evolve, government authorities may implement emergency measures to mitigate the spread of the disease. The pandemic
and corresponding mitigation measures may have an adverse impact on global economic conditions as well as the Company's business. The
extent of the pandemic COVID-19 impact on the Company's business will depend on future developments, such as the duration of further outbreaks,
any possible trade shutdowns and restrictions, and the effectiveness of actions taken in the regions where we operate and in other countries
to contain and treat the disease. As such events are highly uncertain, the Company cannot determine their financial impact at this moment.
Any adverse impacts could result in a material adverse effect on our business, liquidity, financial condition and results of operations.
However, we continue to manage our cash and capital resources with discipline, and management concludes that there is no doubt about the
Company's ability to continue operations.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;As required by IAS 1 - &lt;i&gt;Presentation of Financial Statements&lt;/i&gt;,
the Company updated the analysis of the impact of COVID-19, as at December 31, 2022, which mainly involved, (i) a review of the assumptions
of the annual impairment test, as described in Note 14 - &lt;i&gt;Goodwill&lt;/i&gt;, (ii) an analysis of possible credit losses and inventory obsolescence,
(iii) an analysis of the recoverability of deferred taxes, and (iv) the evaluation of the relevant estimates used for the preparation
of the financial statements, among other analyses.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Any impacts arising from these analyses are reflected
in the financial statements and disclosed in explanatory notes. In addition, due to the protective actions taken for its staff and the
donations made by its community, the Company incurred exceptional expenses of R$16.7, at December 31, 2022, as reported in Note 8 - &lt;i&gt;Exceptional
items&lt;/i&gt;.&lt;/p&gt;







&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Share buyback program&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Board of Directors, in a meeting held on March 18,
2021, approved, pursuant to article 30, 1&lt;sup&gt;st&lt;/sup&gt; Paragraph, &#x201c;b&#x201d;, of Law 6,404/76 and CVM Instruction 567/15 (revoked
by CVM Resolution 77/22), a share buyback program of shares issued by the Company (&#x201c;Program&#x201d;) up to the limit of &lt;span id="xdx_909_ecustom--StockRepurchaseProgramSharesAuthorized_iI_pip0_c20210318_zyWfWHO2lhAg"&gt;5,700,000
&lt;/span&gt;common shares, with the primary purpose of covering any share delivery requirements contemplated in the Company's share-based
compensation plans or to be held in treasury, canceled and/or subsequently transferred. The program was closed in September 18, 2022,
according to the deadline previously disclosed by the Company at the Material Fact disclosed to market on March 18, 2021. At the same
date, the Company had &lt;span id="xdx_902_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20210318_z4bh7Vzlkgp5"&gt;4,357,308,131&lt;/span&gt; outstanding
shares as defined in CVM Instruction 567/15 (revoked by CVM Resolution 77/22). The acquisitions occurred in 2022 and 2021 fiscal years
as per a deduction of the capital reserve account recorded in the balance sheets dated as at December 31, 2022 and 2021, respectively.
The transaction was carried out through the following financial institutions: UBS Brasil Corretora de C&#xe2;mbio, T&#xed;tulos e
Valores Mobili&#xe1;rios S.A. and Ita&#xfa; Corretora de Valores S.A.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Renegotiation of Tenedora&#x2019;s shareholders agreement&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and E. Le&#xf3;n Jimenes, S.A. (&#x201c;ELJ&#x201d;),
as the shareholders of Tenedora CND, S.A. (&#x201c;Tenedora&#x201d;), a holding company headquartered in the Dominican Republic, the owner
of almost the entire share capital of Cervecer&#xed;a Nacional Dominicana, S.A., on July 2, 2020, signed the second amendment to Tenedora&#x2019;s
Shareholders Agreement (the &#x201c;Shareholders Agreement&#x201d;), extending their partnership in the country and postponing the terms
of the put and call options defined in the original Agreement. ELJ is currently the owner of &lt;span id="xdx_90C_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zlZ7LtOiOadi" title="Put options, exercisable number of shares, percent of outstanding stock"&gt;15&lt;/span&gt;% of Tenedora&#x2019;s shares, and its put
option is now divided into two tranches: (i) Tranche A, corresponding to &lt;span id="xdx_900_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheAMember__dei--LegalEntityAxis__custom--ELJMember_zFIOkuTOt4Ld" title="Put options, exercisable number of shares, percent of outstanding stock"&gt;12.11&lt;/span&gt;% of the shares, exercisable in 2022, 2023 and 2024; and
(ii) Tranche B, corresponding to &lt;span id="xdx_900_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pip0_dp_c20200702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheBMember__dei--LegalEntityAxis__custom--ELJMember_zB9QQvEXG5Zf" title="Put options, exercisable number of shares, percent of outstanding stock"&gt;2.89&lt;/span&gt;% of the shares, exercisable starting in 2026. The Company, on the other hand, has a call option
over the Tranche A shares exercisable starting in 2021 and over the Tranche B shares to be exercised starting in 2029.&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"&gt;At December 31, 2022, there were no exercises for these
options. The details of the assumptions used for these options are described in Note 28 (Item IV (d)).&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Distribution agreement Cervecer&#xed;a Chile S.A.&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/112% Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0"&gt;On August 16, 2020,
Cervecer&#xed;a Chile S.A., a Chilean subsidiary of the Company, entered into a long-term distribution agreement with Embotelladora
Andina S.A., Coca-Cola Embonor S.A. and Embotelladora Iquique S.A. (the &#x201c;Distributors&#x201d;), by which the Distributors were granted
the right to sell and distribute certain products within the Company&#x2019;s portfolio, with exclusivity in specific zones and sales
channels in Chile.&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Addendum to the agreement with PepsiCo Bolivia&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The long-term agreement with PepsiCo, under which the
Cervecer&#xed;a Boliviana Nacional, a subsidiary of the Company in Bolivia, has the exclusive right to produce, sell and distribute
certain brands from PepsiCo&#x2019;s portfolio in Bolivia, was amended on June 1, 2020, extending the agreement for a further ten years
and reflecting certain changes in the trade agreement between the parties.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;b&gt;New acquisitions &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;On January 22, 2020, the company, through its subsidiary
Labatt Brewing Company Limited, acquired G&amp;amp;W Distilling Inc., a company that produces a portfolio of ready-to-drink alcoholic beverages.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;Exchange contracts for future financial
flows - Equity Swaps&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;On May 13, 2020 and on December 9, 2020, the Board of
Directors of Ambev approved equity-swap contracts, without impact on the liquidation, on the regulatory deadline, of the equity-swap contracts
which were still in force. The settlement of these equity-swap contracts is to take place over a maximum term of &lt;span id="xdx_90D_ecustom--MaximumTermOfEquitySwapAgreement_dtM_c20201201__20201231_zKmUr4zzHrL3" title="Maximum term of equity swap agreement (Month)"&gt;18&lt;/span&gt; months from the date
of approval, and such contracts may result to exposure of up to &lt;span id="xdx_901_ecustom--MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_iI_pn6n6_c20200513_zg4u4KJHlO2i" title="Maximum exposure of common shares under a equity swap agreement (in shares)"&gt;65&lt;/span&gt; million common shares (all or part of which may be in the form of ADRs),
up to a value limit of R$1.0 billion and &lt;span id="xdx_904_ecustom--MaximumExposureOfCommonSharesUnderAEquitySwapAgreement_iI_pn6n6_c20201209_zskRCN7lXFq3" title="Maximum exposure of common shares under a equity swap agreement (in shares)"&gt;80&lt;/span&gt; million common shares (all or part of which may be in the form of ADRs), up to a value limit
of R$1.2 billion, respectively. These contracts were settled during the year 2021, and on December 31, 2021, there is no balance or pending
issue regarding these equity swap contracts.&lt;/p&gt;

</abev:DescriptionOfCorporateInformationTextBlock>
    <abev:AdditionalTaxCredit contextRef="AsOf2022-12-31" decimals="-8" unitRef="BRL">1200000000</abev:AdditionalTaxCredit>
    <abev:OtherOperatingIncomes
      contextRef="From2022-01-01to2022-12-31"
      decimals="-8"
      unitRef="BRL">900000000</abev:OtherOperatingIncomes>
    <ifrs-full:InsuranceFinanceIncomeExpenses
      contextRef="From2022-01-01to2022-12-31"
      decimals="-8"
      unitRef="BRL">300000000</ifrs-full:InsuranceFinanceIncomeExpenses>
    <abev:StockRepurchaseProgramSharesAuthorized contextRef="AsOf2021-03-18" decimals="INF" unitRef="Shares">5700000</abev:StockRepurchaseProgramSharesAuthorized>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2021-03-18" decimals="INF" unitRef="Shares">4357308131</ifrs-full:NumberOfSharesOutstanding>
    <abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock
      contextRef="AsOf2020-07-02_custom_TenedoraMember_custom_ELJMember"
      decimals="INF"
      unitRef="Pure">0.15</abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock>
    <abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock
      contextRef="AsOf2020-07-02_custom_TenedoraMember_custom_TrancheAMember_custom_ELJMember"
      decimals="INF"
      unitRef="Pure">0.1211</abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock>
    <abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock
      contextRef="AsOf2020-07-02_custom_TenedoraMember_custom_TrancheBMember_custom_ELJMember"
      decimals="INF"
      unitRef="Pure">0.0289</abev:PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock>
    <abev:MaximumTermOfEquitySwapAgreement contextRef="From2020-12-012020-12-31">P18M</abev:MaximumTermOfEquitySwapAgreement>
    <abev:MaximumExposureOfCommonSharesUnderAEquitySwapAgreement contextRef="AsOf2020-05-13" decimals="-6" unitRef="Shares">65000000</abev:MaximumExposureOfCommonSharesUnderAEquitySwapAgreement>
    <abev:MaximumExposureOfCommonSharesUnderAEquitySwapAgreement contextRef="AsOf2020-12-09" decimals="-6" unitRef="Shares">80000000</abev:MaximumExposureOfCommonSharesUnderAEquitySwapAgreement>
    <ifrs-full:StatementOfIFRSCompliance contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_803_eifrs-full--StatementOfIFRSCompliance_zuckEoAicpR9" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;2.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_007"/&gt;&lt;span id="xdx_824_z8gG3ScWs308"&gt;STATEMENT OF COMPLIANCE&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The consolidated financial statements have been prepared
using the going concern basis of accounting and are being presented in accordance with the International Financial Reporting Standards
(&#x201c;IFRS&#x201d;) issued by the International Accounting Standards Board (&#x201c;IASB&#x201d;), effective as at December 31, 2022 and
disclose all (and only) the applicable significant information related to the financial statements, which is consistent with the information
utilized by Management in the performance of its duties.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:StatementOfIFRSCompliance>
    <ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80A_eifrs-full--DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_zntEDAZnyBw8" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;3.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_008"/&gt;&lt;span id="xdx_827_zZhhtDTbKwPj"&gt;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;There were no significant changes in the accounting policies
and calculation methods used for the annual financial statements as at December 31, 2022 compared to those presented in the financial
statements for the years ended December 31, 2021 and 2020.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;






&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory_zzvbcMbEIpM3" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86E_zSZQVPWGa5t"&gt;Basis of preparation and measurement&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;span style="color: windowtext"&gt;The financial
statements are presented in &lt;/span&gt;millions &lt;span style="color: windowtext"&gt;of Brazilian Reais (&#x201c;R$&#x201d;), unless otherwise indicated,
rounded to the nearest million. The measurement basis used in preparing the financial statements is the historical cost, net realizable
value, fair value or recoverable amount.&lt;/span&gt;&lt;/p&gt;

&lt;p id="xdx_842_ecustom--DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock_z9JqTn8c9fD8" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86B_zDfkfABorj1g"&gt;Recently issued IFRS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The revised standards and new standards, which
became effective in 2022 are not applicable or did not have any material impact for the Company for the preparation of these
consolidated financial statements.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Other Standards, Interpretations and Amendments to
Standards &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;There are no other Standards, Interpretations and/or
Amendments to Standards that are not in force and that the Company expects to have a material impact resulting from their application
in the consolidated financial statements.&lt;/p&gt;

&lt;p id="xdx_843_ecustom--DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock_zsw32HMaaBc3" style="font: 12pt/115% Arial,sans-serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_860_zsOf9V94oOvd"&gt;Consolidated financial statements&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The financial statements of subsidiaries, joint arrangements
and associates used in these consolidated financial statements are prepared for the same reporting period as Ambev, using a consistent
accounting policy.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;All intercompany transactions, balances and unrealized
gains or losses on transactions between group companies have been eliminated.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Subsidiaries&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company controls an entity when it is exposed to
or has rights to variable returns due to its involvement with the entity, and it is able to affect those returns through its power over
the entity. When assessing control, potential voting rights are considered. Control is presumed to exist where the Company owns, directly
or indirectly, more than half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated
that such ownership does not confer control.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Subsidiaries are consolidated from the date on which
control is obtained by the Company, except when the predecessor basis of accounting is applied to transactions of business combinations
under common control. Consolidation is discontinued from the date on which control ceases.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev uses the purchase method to account for its business
combinations. The consideration transferred for the acquisition of a subsidiary represents the fair value of the assets transferred, the
liabilities incurred, and the equity interest issued by Ambev.&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The consideration transferred includes the fair
value of any asset or liability resulting from a contingent consideration agreement, when applicable. Costs related to the
acquisition are recognized in income as they are incurred. Assets, liabilities and contingent liabilities acquired or assumed in a
business combination are recognized initially at their fair value as at the acquisition date. Ambev recognizes the non-controlling
interest in the acquiree, either at its fair value or at the non-controlling interest&#x2019;s proportional share of the net assets
acquired. The measurement of the non-controlling interest to be recognized is determined for each acquisition.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The excess of: (i) the consideration paid; plus (ii)
the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any
previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired, at the date of acquisition, is
recorded as goodwill. When the consideration transferred is less than the fair value of the net assets acquired, the difference is recognized
directly in income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;All intercompany transactions, balances and unrealized gains
and losses on transactions between group companies have been eliminated. Unrealized losses are eliminated in the same way as unrealized
gains, but only to the extent that there is no evidence of impairment.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Associates&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Associates are companies which the Company has significant
influence over the financial and operational policies but does not control.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The list of main associates and subsidiaries are disclosed
in note 32 - &lt;i&gt;Group Companies&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Joint arrangements&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Joint arrangements are all entities over which the Company
shares control with one or more parties. Joint arrangements are classified either as joint operations or joint ventures depending on the
contractual rights and obligations of each investor.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Business combination between entities under common
control&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;Business combinations between entities
under common control have not been addressed under IFRS how they should be disclosed remains unclear. IFRS 3 - &lt;i&gt;Business Combinations
&lt;/i&gt;is the standard applicable to business combinations, but its scope explicitly excludes business combinations between entities under
common control, thus, in evaluating transactions of this nature, Management&#x2019;s judgment is required to adequately reflect the essence
and economic reality of each transaction.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;i) Predecessor basis of accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;In accordance with IAS 8, Management has
adopted the predecessor basis of accounting, which is consistent with United States Generally Accepted Accounting Principles (&#x201c;USGAAP&#x201d;)
and United Kingdom Generally Accepted Accounting Principles (&#x201c;UKGAAP&#x201d;), to record the carrying amount of the asset received,
as recorded by the parent company.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under the predecessor basis of accounting, when accounting
for a transfer of assets between entities under common control, the entity that receives the net assets or the equity interests (the acquirer)
shall initially record the assets and liabilities transferred at their parent book value as at the transfer date. If the book value of
the assets and liabilities transferred by the parent is different from the historical cost recorded by the controlling entity of the entities
under common control (the ultimate parent), the financial statements of the acquirer shall reflect the assets and liabilities transferred
at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the carrying value adjustments.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;ii) Assets Swap&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For transactions between entities under common control
that involve the disposal or transfer of assets from the subsidiary to its parent company (i.e. above the level of the consolidated financial
statements), the Company assesses the existence of: (i) any conflicts of interest; and (ii) the economic substance and purpose of the
transaction. Having fulfilled these assumptions, the Company adopted as a policy the concepts of IAS 16 in order to provide adequate visibility
and a fair impact on the amount of distributable results to its shareholders, specially the non-controlling interest. This policy also
includes assets acquired through the swapping of non-cash assets, or swaps with a combination of cash and non-cash assets. The assets
swapped may be of the same or a different nature. The cost of such assets is measured at fair value, unless: (i) the swap transaction
is not commercial in nature; or (ii) the fair value of the asset received (and the asset assigned) cannot be reliably measured. The acquired
asset is measured in this way even if the assignor entity cannot immediately remove the asset from its books. If the acquired asset is
not measurable at fair value, its cost is determined based on the book value of the assigned asset.&lt;/p&gt;

&lt;p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Whenever assets distributed are not recorded as cash, the
asset, before distribution, is recorded at its fair value in the income account. This procedure is applicable to distributions where the
assets are of the same nature and therefore can be treated equally. However, similarly to IFRIC 17, in the absence of a specific accounting
practice for transactions under common control, the Company applies these procedures as part of its accounting practices. We also apply
the same procedures to sales (products, supplies, etc.) to its controlling entity, where the positive result of the sale is recognized
in income.&lt;/p&gt;

&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_z1MIAztWOkkg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_863_zCLwIficXUd6"&gt;Foreign currency translation&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 46.75pt 0 76.55pt; text-align: justify; text-indent: -76.55pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Functional and presentation currency&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The items included in the financial statements of each
subsidiary of the Company are measured using the currency of the primary economic environment in which the entity operates (the &#x201c;functional
currency&#x201d;).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The functional and presentation currency of the Company
financial statements is the Brazilian Real.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;Transactions and balances&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Foreign currency transactions are accounted for at the
exchange rates prevailing as at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated
using the balance sheet date rate. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign
exchange rate prevailing as at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies stated
at fair value are translated at the exchange rate in force as at the date on which the fair value was determined. Gains and losses arising
from the settlement of transactions in foreign currencies and resulting from the conversion of assets and liabilities denominated in foreign
currencies are recognized in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Foreign exchange gains and losses related to loans and
cash and cash equivalents are presented in the statement of income as finance expenses or finance income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Conversion of the financial statements of subsidiaries located abroad&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Assets and liabilities of subsidiaries located abroad
are translated at the foreign exchange rates prevailing at the balance sheet date, while amounts from the income statement and cash flow
are translated at the average exchange rate for the year, and changes in equity are translated at the historical exchange rate of each
transaction. Translation adjustments arising from the difference between the average exchange rates and the historical rates are recorded
directly in carrying value adjustments.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Upon consolidation, exchange differences arising from
the translation of equity in foreign operations and borrowing and other currency instruments designated as net investment hedges are recognized
in carrying value adjustments, an equity reserve, and included in other comprehensive income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Even when recorded in the acquiring entity, the goodwill
and fair value adjustments arising from the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity
and are translated at the foreign exchange rate at the balance sheet date.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Net investments in foreign operations&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;An entity may have a monetary item receivable from or
payable to a foreign operation, the settlement of which is neither planned nor likely to occur in the foreseeable future, and which does
not include trade receivables or trade payables. Exchange differences arising shall be recognized initially in other comprehensive income
and reclassified from equity to profit or loss upon the disposal of the net investment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Financial reporting in hyperinflationary economies&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under IAS 29, the non-monetary assets and liabilities,
the equity and the income statement of subsidiaries operating in hyperinflationary economies are restated to reflect changes in the general
purchasing power of the local currency by applying a general price index. The financial statements of an entity whose functional currency
is the currency of a hyperinflationary economy, whether using the historical costs approach or the current costs approach, shall be stated
in terms of the unit of measurement in force at the end of the reporting period, and translated into Reais at the closing rate for the
period.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Exchange rates&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The most significant exchange rates used for the preparation
of the Company&#x2019;s financial statements are as follow:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_pn5n6_zyBdoKLTICMl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Significant Exchange Rates (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B1_zEnxg99tLybk" style="display: none"&gt;Schedule of exchange rates&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Closing rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Average rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Currency&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Name&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Country&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;CAD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canadian Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zi7BimUtWvO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.8540&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zBlA5Pmqwf22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.3914&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zrQItQhd565c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.0791&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zQH3bsWltl0d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.9807&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zFWFzuVjZe3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.2960&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zXtdXsR9Dbe9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.6414&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;DOP&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dominican Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dominican republic&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_ztA7UeCXTbJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0925&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zwn5AodgMVH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0970&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zAJv5r4ko3h3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0891&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_z7ioMFwf5NJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0937&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zSZKMyiaw9Pd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0938&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zRGYwqkA0Hj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0885&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;USD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Panam&#xe1; and Cuba&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_z0ZEbFSvUmEk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.2177&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zkeMH0RxS6Ji" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.5805&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zBtpSBOeKav7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.1967&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zx3wvrAppGGd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.1644&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zsCkatDgbO3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.3687&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zyVEC1OhJsCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.9348&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;GTQ&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Quetzal&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Guatemala&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zCURG35pP0rk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6623&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zyoexf1LC4p5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7201&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zd2zkg83Eci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6700&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zFhS5EoVK9m3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6649&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zwyMY1qLFwH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6954&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_z3WPJxG65KT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6405&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ARS&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Argentinean Peso&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Argentina&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zylWLlVSXDa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0295&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zPEeciaXVoy3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0543&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zWeyJBSJ7e7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0618&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zHEYHtPTwtoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0403&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgkwh3UdJzCa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0568&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgN3g0DKvXr" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0750&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;BOB&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bolivian Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bolivia&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zBz4sXP8V9Df" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7497&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zbZlXVA3yDe6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.8018&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zsNzHQY9D5J6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7467&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zVN6OSBkl2ee" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7420&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zMtJ8LjYOOT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7714&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zke75CRqTBY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7090&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;PYG&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Guarani&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Paraguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zMEbH61vsw1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zaXvytr4S1Sj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0008&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zsw1PNeveGzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_z0ll1VugHQmg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIF4OT8fEMR6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0008&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIUCmGn2IImi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;UYU&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Uruguayan Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Uruguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zPQRG0HOaLx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1302&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zQ4pnjnXvjMd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1249&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zqmxHVXoFAyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1227&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zY8UeRCFeYw4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1253&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zbaaqDNfxiWj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1236&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zSSokHVpDael" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1218&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;CLP&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Chilean Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zK6v1qxBeOwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0061&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zDv8Icr2Mqk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0066&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zrjoSAEN3fCh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0073&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zg0unEmLab8c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0059&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_z7gD6RaZmk44" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0071&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zOknUNBSP1r" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0062&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;BBD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Barbadian Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Barbados&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zD75x5BHcON5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5721&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zlqMmT2AACc9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.7510&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zBbDd8Ku2842" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5618&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zOEQuIBd6Mp6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5458&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zgDIhJOSualj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.6465&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_z4quXWOKXRn8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.4326&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_zA1wuxfda8ug" style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zaUKyhizArj1" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86B_zGUHXU4GLhX1"&gt;Segment reporting&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Reportable segments are identified based on the internal
reporting regularly reviewed by the chief operating decision maker of the Company, the Chief Executive Officer, for the purpose of evaluating
the performance of each segment and allocating resources to those segments. Accordingly, segment information is presented by geographical
area, since the risks and rates of return are affected predominantly by the fact that the Company operates in different regions.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Performance information by business unit (Beer and Non-alcoholic
beverages (&#x201c;NAB&#x201d;)), is also presented to the Company&#x2019;s chief decision maker and is disclosed as additional information,
even though it does not qualify as a segment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company conducts its operations across four business
segments, as follow:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Brazil, where the Company operates two business
subunits: (i) beer and (ii) non-alcoholic beverages (NAB);&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Central America and Caribbean (&#x201c;CAC&#x201d;),
which includes direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador,
Nicaragua and Honduras), Barbados and Panama;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Latin America South (LAS), which includes operations
in Argentina, Bolivia, Chile, Paraguay and Uruguay; and&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Canada, represented by the operations of Labatt
Brewing Company Ltd.&lt;/p&gt;

&lt;p id="xdx_84E_ecustom--RevenueRecognitionPolicyTextBlock_z8bfwIZtELQg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(f)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86E_zwlU8ZsdZwQh"&gt;Revenue recognition&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes revenue when the amount of revenue
can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the Company, as described
below.&lt;/p&gt;

&lt;p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue represents the fair value of the amount received
or receivable upon the sale of products or the rendering of services in the ordinary course of business. Revenue is presented net of taxes,
returns, rebates and discounts, as well as net of the elimination of sales between group companies.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Goods sold&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue is measured based on the consideration which the
Company expects to have the right to receive in contracts with customers and excludes amounts collected on behalf of third parties.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue recognition is based on the five-step approach
of IFRS 15 - &#x201c;Revenue from Contracts with Customers&#x201d;:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Identification of the contract with a customer;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Identification of the performance obligations in the contract;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Determination of the transaction price;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 36pt"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Allocation of the transaction price to the performance obligations in the
contracts; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Revenue recognition when the performance obligations have been satisfied,
meaning when the company transfers control of a product to a customer.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue from the sale of goods is measured at the amount
that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant
variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. These
trade incentives are treated as variable considerations. If the consideration includes a variable component, the company estimates the
amount of consideration to which it will be entitled for transferring the promised goods or services to the customer. A variable consideration
is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant
future reversals when the respective uncertainty is resolved.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Finance income&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Finance income consists of interest received or receivable
on funds invested, monetary updates arising from legal disputes, foreign exchange gains, gains on currency hedging instruments intended
for offsetting currency losses, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial
assets classified as at fair value through profit or loss, and as any gains due to hedge ineffectiveness.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Interest income is recognized on an accruals basis unless collectability is in
doubt.&lt;/p&gt;

&lt;p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForExpensesExplanatory_zOQuARZan3Kb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(g)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_860_z5ykyQJUCbF1"&gt;Expenses&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Finance expenses&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Finance expenses comprise interest payable on borrowing,
calculated using the effective interest rate method, present value adjustment for trade payables, foreign exchange losses, losses on
currency hedging instruments intended for the offsetting of currency gains, results on interest rate hedging instruments, losses on hedging
instruments that are not part of a hedge accounting relationship, losses on financial assets classified as held for trading, impairment
losses on financial assets classified as available for sale, and any losses due to hedge ineffectiveness.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;All interest costs incurred in connection with borrowing
or financial transactions are expensed as incurred as part of finance expenses, except when capitalized. Any difference between the initial
amount and the maturity amount of interest-bearing loans and borrowing, such as transaction costs and fair value adjustments, are recognized
in the income statement over the expected life of the instrument based on the effective interest rate method. The interest expenses component
of finance lease payments is also recognized in the income statement using the effective interest rate method.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Royalty expenses&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Royalties are classified as cost of goods sold.&lt;/p&gt;

&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForExceptionalItemsExplanatory_zIxm7qw063Tb" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(h)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86A_zQPlFtUaejC7"&gt;Exceptional items&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Exceptional items are those that, because of their peculiarities,
in Management&#x2019;s judgment need to be disclosed separately. In determining whether an event or transaction is exceptional, Management
considers quantitative as well as qualitative factors such as the frequency or predictability of occurrence, and the potential impact
on the variations in profit or loss. These items are disclosed in the income statement or separately disclosed in the notes to the financial
statements. Transactions that may give rise to exceptional items are principally restructuring activities, amnesties,&#160;acquisitions
of subsidiaries, impairment losses, and gains or losses on disposal of assets and investments.&lt;/p&gt;

&lt;p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForIncomeTaxExplanatory_z57BH14X0LMe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(i)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86D_zycBokshiFql"&gt;Income tax and social contribution&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Income tax and social contribution for the year comprises
current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless they relate to items recognized
directly in comprehensive income or other equity accounts. In these cases, the tax effect is also recognized directly in comprehensive
income or equity account (except interest on shareholder&#x2019;s equity. See Note 3 (q)).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The current tax expense is the expectation of payment
on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet date, and any adjustment to
tax payable in respect of previous years.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Deferred taxes are recognized using the balance sheet
liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible temporary differences
between the tax and accounting basis of assets and liabilities. Under this method, a provision for deferred taxes is also calculated
on the differences between the fair value of assets and liabilities acquired in a business combination and their tax basis. IAS 12 prescribes
that no deferred tax liability on goodwill recognition, and no deferred tax asset/liability is recorded: (1)&#x202f;at the initial recognition
of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting
nor taxable profit or loss and (2) on differences related to investments in subsidiaries to the extent that they are not reversed in
the foreseeable future. The amount of deferred tax provided is based on the expectation of the realization or settlement of the temporary
difference, using currently or substantially enacted tax rates. Deferred tax assets and liabilities are offset if there is a legally
enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the
same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis,
or to realize the assets and settle the liabilities simultaneously.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The deferred tax asset is recognized only to the extent
that it is probable that future taxable profits will be available. The deferred income tax asset is reduced to the extent that it is no
longer probable that the future taxable benefit will occur.&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Furthermore, the Company applies the provisions of IFRIC 23
- Uncertainty on the Treatment of Income Taxes, in relation to the treatments that affected the calculation of income taxes (uncertain
tax treatments), as disclosed in note 30 &#x2013; &lt;i&gt;Contingencies&lt;/i&gt; &#x2013; Uncertainties about treatment of IRPJ and CSLL.&lt;/p&gt;

&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zJxmcbHtQkm4" style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(j)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86C_zJmmmn8t5uZ7"&gt;Property, plant and equipment&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Property, plant and equipment are measured at cost less
accumulated depreciation and impairment losses. The cost includes the purchase price, borrowing costs incurred during the construction
period and any other costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of
operating in the manner intended by management (e.g. nonrefundable tax, transportation and the costs of dismantling, removal and site
restoration, if applicable). The cost of a self-constructed asset is determined using the same principles as an acquired asset. The depreciation
methods, residual value, and the useful lives are reassessed and adjusted if appropriate, on an annual basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Borrowing costs directly attributable to the acquisition,
construction or production of qualifying assets are capitalized as part of the cost of such assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Land is not depreciated since it is deemed to have an indefinite useful life.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;Property, plant and equipment, and depreciation include the effects of using
the predecessor basis of accounting (Note 3 (c)).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Subsequent expenditure&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes in the carrying amount of an item
of property, plant and equipment the cost of replacing a component of such an item if it is probable that the future economic benefits
of the component will flow to the Company and the cost of the component can be measured reliably. All other costs are expensed as incurred.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Depreciation&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The depreciable amount is the cost of an asset less its
residual value. The residual values, if significant, are reassessed annually. Depreciation is calculated from the date on which the asset
is available for use, using the straight-line method over the estimated useful lives of the assets. The right-of-use assets are depreciated
over the term of each contract.&lt;/p&gt;






&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The estimated useful lives of the major classes of property,
plant and equipment are as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_pn5n6_z9NgQXrjSfa2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Major Property, Plant and Equipment (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span id="xdx_8B0_zHVaNVQUfB7" style="display: none"&gt;Schedule
    of estimated useful lives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; width: 73%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Buildings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_908_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_z6E5TlAj443j" title="Property, plant and equipment, useful life"&gt;25&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember_zaBVBd6rK1n8" title="Property, plant and equipment, useful life"&gt;15&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Fixtures &lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_907_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FixturesMember_zFMwgKQdX3G1" title="Property, plant and equipment, useful life"&gt;10&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Fittings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_906_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FittingsMember_zGniQiiQSZ44" title="Property, plant and equipment, useful life"&gt;10&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Assets for external use / commercial assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&#160;&lt;span id="xdx_90A_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zihAAxKoXy64" title="Property, plant and equipment, useful life"&gt;2&lt;/span&gt; - &lt;span id="xdx_909_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zd6wDoUbWehe" title="Property, plant and equipment, useful life"&gt;5&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A3_z8QQiYX3waVh" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The assets&#x2019; residual values and useful lives are
reviewed when necessary. Management uses its judgment to assess and ascertain the useful lives of these assets.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Gains and losses on sale&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Gains and losses on sales are determined by comparing
the results with the carrying amounts and are recognized in other operating income/(expenses) in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Leases&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;With the adoption of IFRS 16 &#x2013; &lt;i&gt;Leasings&lt;/i&gt;,
the Company began to recognize a right-of-use asset and a liability at the date of the beginning of the lease term.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes the right-of-use asset and a
corresponding lease liability related to all lease contracts which is the lessee, except for short-term leases (defined as leases
with terms of &lt;span id="xdx_907_esrt--MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1_dtM_c20220101__20221231_zMf9sOkY1Km4" title="Lease term"&gt;12&lt;/span&gt;-month
or less) and leases of low value assets, that comprehend goods with value equal or below US$&lt;span id="xdx_901_eifrs-full--RightofuseAssets_iI_pn5n6_uUSD_c20221231_z9QfkWFNz672" title="Right of use asset"&gt;5,000.00&lt;/span&gt;.
To these leases, the Company recognizes the lease payments as operating expense during the lease course.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Currently, the main leases by the Company are related
to trucks, forklifts, real estate, commercial vehicles and industrial equipment contracts.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The lease liability is initially measured at lease
payments present value, discounted by using the rate implicit in the lease. If the rate cannot be promptly determined, the Company
uses its incremental loan rate specific for the country, deadline and currency of the contract or other local criteria.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Lease payments include fixed payments, less any lease
incentives, variable lease payments that depend on an index or known rate at the commencement date, and purchase options or extension
options payments if the Company is reasonably certain to exercise these options. All contracts establish an annual readjustment of payments
according to the rates established in the contract.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A lease liability is remeasured upon a change in the
lease term or on the future payments and the corresponding adjustment is also made in right-of-use assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company applies IAS 36 to determine if right-of-use
asset are subject to impairment and to record eventual losses by impairment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The lease liability is disclosed in the &#x201c;Interest-bearing
loans and borrowing&#x201d; line and the right-of-use assets are disclosed in the &#x201c;Property, plant and equipment&#x201d; line of the
balance sheet.&lt;/p&gt;


&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForGoodwillExplanatory_zdbIfko24jdb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(k)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_867_z0vwo8MjOBpa"&gt;Goodwill&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Goodwill arises on acquisitions of subsidiaries, associates,
and joint arrangement and it is determined as the excess between the sum of (i) the consideration paid in exchange for control of the
acquiree; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition
date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired and liabilities assumed,
measured in accordance with IFRS 3 - &#x201c;Business Combinations&#x201d; as at the date of acquisition. All business combinations are
accounted for using the purchase method.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In compliance with IFRS 3 - &#x201c;Business Combinations&#x201d;,
goodwill is carried at cost and not amortized, but is tested for impairment at least annually, or whenever there are indications that
the cash generating unit (&#x201c;CGU&#x201d;) to which the goodwill has been allocated could be impaired. Impairment losses recognized
on goodwill are not reversed. Gains and losses on the disposal of an entity include the carrying amount of goodwill relating to the entity
sold.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Goodwill is expressed in the functional currency of the
CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;If the Company&#x2019;s interest in the net fair value
of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business combination, such excess
is recognized immediately in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Expenditure on internally generated goodwill is expensed as it is incurred.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Goodwill includes the effects of applying the predecessor basis of accounting (Note
3 (c)).&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For associates and joint ventures, goodwill is included
in the carrying amount of the investment in the associate/joint venture.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;








&lt;p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_zZS1Cz5dvej1" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(l)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_866_zUYaUH8Zj2E5"&gt;Intangible assets&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Brands&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a portion of the consideration paid in a business
combination relates to brands, this is recognized in a specific intangible assets account, and measured at fair values as at the acquisition
date. Subsequently, the value of brands can be reduced in the case of impairment losses. Internally generated expenditure for brand development
is recognized within expenses.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Purchased software is measured at cost less accumulated
amortization. Amortization related to software is included in the cost of sales, commercial expenses or administrative expenses, based
on the business activity which the software is intended to support.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The expenditures related to software maintenance
are recognized as expense, as incurred. The expenditures with development, as the expenditures with employees allocated in software
development, which are directly attributed to identifiable and exclusive software, controlled by the Company, are recognized as
intangible assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Commercial intangibles&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company records supply rights, which consists in
the Company's right to supply a customer and the customer's commitment to purchase the Company's products, and distribution rights which
are the rights to sell specific products in a certain territory.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Other intangible assets&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Other intangible assets, acquired by the Company, including
multi-year sponsorship rights, are measured at cost less accumulated amortization and impairment losses.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Intangible assets with definite useful lives are amortized
on a straight-line basis over their estimated useful lives. Licenses, supply, and distribution rights are amortized over the period for
which the rights exist, based on the contract terms, which vary, in general, from 1 to 8 years. Brands are considered to have indefinite
lives, and therefore, are not amortized. Software and capitalized development costs related to technology are amortized over a period
of 3 to 5 years.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Items that are not amortized are tested for impairment on an annual basis.&lt;/p&gt;






&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Gains and losses on sale&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Net gains on sale of intangible assets are presented
in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses
are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable,
the associated costs can be estimated reliably.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_845_ecustom--DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock_zeIawALtSWka" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&lt;b&gt;(m) &lt;span id="xdx_866_zC0FGNkSlbw8"&gt;Recognition of assets
and liabilities relating to extemporaneous tax debits or credits&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The accounting policy applied by the Company considers
the extemporaneous tax credits and&#160;debits of any nature as determined by IAS 37 - &lt;i&gt;Provisions, Contingent Liabilities and Contingent
Assets&lt;/i&gt;, except for income taxes, which the Company applies the policy disclosed in item (i) &#x2013; &lt;i&gt;Income tax and social
contribution&lt;/i&gt; of this note.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Credits are recognized only when Management has elements
that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient reliability to enable
it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be reliably measured, the
amounts are not recognized in the account, but presented in Note 30 - &lt;i&gt;Contingencies&lt;/i&gt; related to contingent assets. Management understands
that, in cases of lawsuits involving contingent assets, a final and unappealable decision on the specific lawsuit of the Company is required
to confirm the existence of its rights, except where specific circumstances pertinent to the case allow the recognition of its rights
with sufficient objectivity and reliability.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Debits are recognized only when (i) these are based on
a past event; (ii) there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will
be required; and (iv) the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot
be sufficiently reliably measured, the amounts are presented in Note 30 - Contingencies.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Contingent assets and liabilities are assessed periodically
to ensure that they are appropriately reflected and disclosed in the financial statements.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;From October 1, 2020, the accounting policy for the recognition
of assets and liabilities of &lt;span style="color: black"&gt;extemporaneous&lt;/span&gt; tax credits and&#160;debits of any nature to record as
&#x201c;Other operating income/(expenses)&#x201d;, with an exception for amnesty payments, accounted for as exceptional items, given their
one-off nature.&lt;/p&gt;

&lt;p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zxKuPwhgLldl" style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(n)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_867_zsAT0ABc8nYi"&gt;Inventory&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Inventory is initially recorded at the acquisition cost
and subsequent valued at the lower of their cost and net realizable value. Cost includes expenditure incurred to acquire the&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;inventory and bring it to the location and condition required
for use. The weighted average method is used to determine the cost of inventory.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The cost of finished products and work in progress includes
raw materials, other production materials, direct labor, other direct costs, gains and losses on derivative financial instruments, and
an allocation of fixed and variable overheads based on the normal operating capacity. Fixed costs not allocated or idle costs not held
in inventory, are recognized directly in the income statement, as determined by IAS 2.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The amount of inventory is reduced on a case-by-case
basis if the anticipated net realizable value declines below the carrying amount. The net realizable value is the estimated selling price
in the ordinary course of business, less the costs of bringing the inventory to the condition required for sale, and the selling costs.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The calculation of the net realizable value takes into
consideration the specific characteristics of each category of inventory, such as the expiry date, the remaining shelf life, and any indicators
of slow-moving inventory, amongst others.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Provisions for impairment losses are constituted, when
necessary, in compliance with write-offs, slow moving and obsolete inventory of the Company&#x2019;s policies.&lt;/p&gt;

&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_zTjGkcfZjkUj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(o)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_862_zhBlHqALVr9l"&gt;Trade receivables&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Trade receivables are amounts due from customers for
goods sold or services performed in the ordinary course of business. Trade receivables are recognized initially at the amount of the unconditional
consideration, unless they contain significant financing components, in which case they are recognized at fair value. The Company holds
trade receivables with the objective of collecting the contractual cash flow, and therefore measures them subsequently at amortized cost
using the effective interest rate method.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company applies the IFRS 9 simplified approach to
measuring expected credit losses whereby impairment allowances for trade receivables are measured upon initial recognition on the basis
of the expected 12-month credit losses. This is primarily based on past experience of credit losses, current data on overdue receivables
and credit score information. Prospective information (such as forecast economic performance indicators) is also taken into consideration
if, based on past experience, such indicators show a strong correlation with actual credit losses. Typically trade receivables which are
outstanding for more than 90 days are fully provisioned.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Other assets are mainly composed of loans to customers,
cash deposits on guarantees and tax receivables. These instruments are initially recognized at fair value and subsequently measured at
amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;If the receivable term is equivalent to one year or less,
the accounts receivable are classified as current assets. Otherwise, they are presented as non-current assets.&lt;/p&gt;

&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_z5iXIgkym9E5" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(p)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_864_zQ7t787mPmd7"&gt;Cash and cash equivalents&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Cash and cash equivalents include all cash balances,
bank deposits, and short-term highly liquid investments with an insignificant risk of changes in value which are readily convertible into
cash. They are stated at their face value, which approximates the fair value.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For the purpose of the cash flow statement, cash and
cash equivalents are presented net of bank overdrafts, when applicable.&lt;/p&gt;

&lt;p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_zMBLf2A93x1" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(q)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86A_z2hWnPwuK7Fc"&gt;Equity&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Issued capital&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;The Company's issued capital consists only of common shares.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Repurchase of shares&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When the Company repurchases its own shares, the amount
paid, including any directly attributable additional costs is recognized as deductions from equity attributable to shareholders, in the
line item &#x201c;treasury shares&#x201d;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Share issuance costs&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Incremental costs directly attributable to the issuance
of new shares or options are presented in equity as a deduction, net of tax, from the proceeds.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Dividends and interest on shareholder&#x2019;s equity&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Dividends and interest on shareholders&#x2019; equity
are recognized in liabilities from the date on which they are approved by a Board of Directors&#x2019; Meeting, except for the minimum
statutory dividends provided for under the Company&#x2019;s bylaws, which are recognized as a liability, when applicable, at the end of
each fiscal year.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The interest expense attributable to capital to shareholders
is recognized in income for the purposes of the calculation of Brazilian income and social contribution tax, and is subsequently reclassified
from shareholders' equity for presentation purposes in the financial statements.&lt;/p&gt;

&lt;p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zfP1hbCRKZd9" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(r)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_866_zTvUiwBpEenj"&gt;Interest-bearing loans and borrowings&lt;/span&gt; &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Interest-bearing loans and borrowing are recognized initially
at fair value less attributable transaction costs. Subsequent to their initial recognition, interest-bearing loans and borrowing are stated
at amortized cost, with any differences between the initial and maturity amounts recognized in the income statement over the expected
life of the instrument on an effective interest rate basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Borrowing costs directly related to the acquisition,
construction or production of a qualifying asset which requires a substantial period of time to prepare for its intended use or sale,
are capitalized as part of the cost of that asset when it is probable that the future economic benefits associated with the item will
flow to the Company, and the costs can be measured reliably. Other borrowing costs are recognized as finance expenses in the period in
which they are incurred.&lt;/p&gt;

&lt;p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_zi3bZZBZFsNj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(s)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_867_zKtXhCKrD5y9"&gt;Employee benefits&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Post-employment benefits&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Post-employment benefits include pensions managed in
Brazil by Instituto Ambev de Previd&#xea;ncia Privada (&#x201c;IAPP&#x201d;), post-employment dental benefits and post-employment medical
benefits managed by Funda&#xe7;&#xe3;o Zerrenner. Usually, pension plans are funded by payments made by both the Company and its participants,
considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment medical benefit obligations
are funded using the returns on the assets of the Funda&#xe7;&#xe3;o Zerrenner plan. If necessary, the Company may contribute some
of its profits to Funda&#xe7;&#xe3;o Zerrenner.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company manages defined benefit and/or defined contribution
plans and/or medical and dental assistance plans for the employees of its companies located in Brazil and its subsidiaries located in
the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;The Company maintains both funded and unfunded plans.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;s.1) Defined contribution plans&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A defined contribution plan is a pension plan under which
the Company pays fixed contributions into a fund. The Company has no legal or constructive obligations to pay further contributions if
the fund does not hold sufficient assets to pay all employees for the benefits relating to their service in the current and prior periods.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;The contributions to these plans are recognized as expenses in the period
during which they are incurred.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;s.2) Defined benefit plans&lt;/b&gt;&lt;/p&gt;






&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Typically, defined benefit plans define an amount of
pension benefit that an employee will receive upon retirement, usually dependent on one or more factors such as age, years of service
and compensation level.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For defined benefit plans, expenses are assessed separately
for each plan using the projected credit unit method. The projected credit unit method takes into account that each period of service
gives rise to an additional unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions
is charged to the income statement over the period of service of the employee. The amounts charged to the income statement consist of
current service costs, interest costs, past service costs and the effect of any agreements and settlements. The obligations of the plan
recognized in the balance sheet are measured at the present value of the estimated future cash outflows using a discount rate equivalent
to the government&#xb4;s bond rates with maturity terms similar to those of the respective obligation and the fair values of the plan
assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Past service costs arise from the introduction of a new
plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier of: (i) when the settlement/curtailment
occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless those changes are conditional upon
the employee&#x2019;s continued employment, for a specific period of time (the period in which the rights are acquired). In such cases,
past services costs are amortized using the straight-line method over the period during which the rights were acquired.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Actuarial gains and losses consist of the effects of
differences between the previous actuarial assumptions and the actual results, and the effects of changes in actuarial assumptions. Actuarial
gains and losses are fully recognized in carrying value adjustments.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Remeasurements, representing actuarial gains and losses,
the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized in full in the period in which
they occur in the statement of comprehensive income. Remeasurements are not reclassified to profit or loss in subsequent periods.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When the amount of the defined benefit obligation is
negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic benefit available
to the Company either from refunds or reductions in future contributions.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Other post-employment obligations&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and some of its subsidiaries provide post-employment
medical benefits, the reimbursement of medication expenses and other benefits to certain retirees. These benefits are not granted to new
retirees. The expected costs of these benefits are&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;recognized over the period of employment, using an accounting
methodology like that for defined benefit plans, including actuarial gains and losses.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Termination benefits&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Termination benefits are recognized as expenses at the
earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal, to a formal detailed plan to
terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related to restructuring.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Bonuses&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;Bonuses granted to employees and managers are
based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period
during which the bonus is earned.&lt;/p&gt;

&lt;p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zAokwfOh8ER7" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(t)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86D_zDWLNJqTcst3"&gt;Share-based payments&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Different share and share option programs allow management
and other members appointed by the Board of Directors and People Committee, as each case, to acquire shares in the Company as in Note
25 - &lt;i&gt;Share-based payments&lt;/i&gt;.&lt;/p&gt;

&lt;p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_zSTF8RtFpTna" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(u)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86A_zhody9nffTbl"&gt;Trade payables&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Trade payables are recognized initially at their fair
values and subsequently at amortized cost using the effective interest method. When relevant, trade payables values are adjusted by their
present value, considering the following assumptions to calculation: (i) the amount to be discounted; (ii) the settlement dates; and (iii)
the discount rate, in accordance with IFRS 13.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zxABTiHcfOz7" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(v)&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;
&lt;/span&gt;&lt;span style="font-size: 12pt"&gt;&lt;span id="xdx_869_zCQkImPBKGhf"&gt;Provisions and contingent liabilities&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Provisions are recognized when: (i) the Company has a
present obligation (legal or constructive) as a result of past events; (ii) it is likely that a future disbursement will be required to
settle the current obligation; and (iii) the amount of the obligation can be estimated reliably.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Provisions, except for those mentioned in the line item
Disputes and litigation, are determined by discounting the expected future cash flow, to a pre-tax rate, which reflects the current market
assessments of the time value of money and, where appropriate, the risks specific to the liability.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A provision for restructuring is recognized when the
Company has approved a detailed restructuring plan, and the restructuring has either commenced or been announced. Costs relating to the
ongoing and future activities of the Company are not provided for but are recognized when expenses are incurred. The provision includes
the benefit commitments in connection with early retirement and redundancy schemes.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Disputes and Litigations&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A provision for disputes and litigation is recognized
when it is more likely than not that the Company will be required to make future payments as a result of past events. Such items may include
but are not limited to, claims, suits and actions filed by or against the Company relating to antitrust laws, violations of distribution
and license agreements, environmental matters, employment-related disputes, claims from the tax authorities, and other matters.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Contingent liabilities&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries have tax, civil and
labor lawsuits defined as contingent liabilities, according to IAS 37, for which no provisions have been recorded, due to the judgment
by management for developing the estimate. Possible contingent liabilities are not recognized but are disclosed in note 30 - &lt;i&gt;Contingencies&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The contingent liabilities with remote possibility of
outflow in settlement are not disclosed, as the possibility of any disbursement in the settlement is remote, in accordance with IAS 37.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;From the fourth quarter of 2022 onwards, the nomenclature
of the accounting policy &#x201c;provisions&#x201d; was changed to &#x201c;provisions and contingent liabilities&#x201d;.&lt;/p&gt;


&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_z6jt2d0ABoi" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;b&gt;(w)&lt;/b&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;b&gt;&lt;span id="xdx_86D_zmMaNSk2sl56"&gt;Financial Instruments and hedge accounting&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Classification and Measurement&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The company uses financial instruments to implement its
risk management strategy and policy. Derivatives are generally used to mitigate the impact on the Company&#x2019;s performance due to changes
in foreign currencies, interest rates, equity prices and commodity prices. The Company&#x2019;s financial risk management policy prohibits
the use of derivatives not related to the Company&#x2019;s core business.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Financial assets (except for accounts receivable without
a significant financing component) or financial liabilities are initially measured at fair value, plus, for an item not measured at fair
value through profit or loss, transaction costs directly attributable to their acquisition or issue. Accounts receivable without a significant
financing component are initially measured at the transaction price.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Upon initial recognition, a financial asset is classified
either: (i) at amortized cost; (ii) at fair value through other comprehensive income - debt instruments; (iii) at fair value through other
comprehensive income - equity instruments; or (iv) at fair value through profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Financial assets are not reclassified subsequently to
initial recognition, unless the Group changes the business model for the management of financial assets, in which case all impacted financial
assets are reclassified on the first day of the post-change business model.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The classification of the Company&#x2019;s financial assets
is as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Debt instruments at fair value through other
comprehensive income, with gains or losses recycled to profit or loss upon derecognition. Financial assets in this category quoted debt
instruments held by the Company in line with its business model either to collect cash flow or for sale.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Equity instruments designated as at fair value
through other comprehensive income, with no recycling of gains or losses to the profit or loss upon derecognition. This category only
includes equity instruments which the company intends to hold for the foreseeable future, and which it has irrevocably elected to classify
thus upon their initial recognition or transition. These instruments are not subject to impairment testing.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Financial assets and liabilities at FVPL: comprise
derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments with cash
flow characteristics which are not held within a business model with the objective either to collect contractual cash flow, or both to
collect contractual cash flow and for sale.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The measurement of the Company&#x2019;s financial assets
is as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The company designates certain derivatives as hedging
instruments to hedge the risk related to the variability of foreign exchange rates, interest rates and commodity prices. Derivative financial
instruments, that are contracted to protect against the exposure but that do not meet all of the hedge accounting requirements, will
be recognized at fair value through profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Derivative financial instruments are initially recognized
at fair value. The fair value is the value at which an asset can be realized, or a liability settled, between knowledgeable and willing
to negotiate parties of such financial instruments&#x2019; characteristics under normal market conditions. The fair value of derivative financial
instruments can be obtained from market prices or from pricing models that reflect current market rates, as well as the credit quality
of the counterparty.&lt;/p&gt;







&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Subsequent to initial recognition, derivative financial
instruments are remeasured to their fair value as at the date of the financial statements. Changes in the fair values of derivative financial
instruments are recognized in current income, except when these instruments are cash flow hedges or net investment hedges, where portions
of gains or losses on the hedge instrument defined as effective hedges are recognized in comprehensive income. The hedge designated instrument
is the effective element present in the term contract, of which only the present element value change is recognized in comprehensive income.
The term element, which can be separated and excluded from the financial instrument designation as hedge instrument is recognized in financial
result, in accordance with IFRS 9 - &lt;i&gt;Financial Instruments&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company contracts commodities derivatives which have
similar terms to the hedged items. The Company applies component hedging to its commodities. The hedged component is contractually specified
and matches with what is defined in the derivative contract, and therefore the hedge ratio is always 1:1. Hedge effectiveness is assessed
on a qualitative basis. Whenever the terms do not match, the company uses the hypothetical derivatives method to assess the hedge effectiveness.
Therefore, usually causes of ineffectiveness include changes in the timing of forecast transactions, changes in the quantity of the commodity
to be hedged, or changes in the credit risk of either party to the derivative contract.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Cash flow hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Cash flow hedges are used to protect the cash flow exposure
of a recorded asset or liability, or the foreign currency risk or commodity price variations associated with a highly probable transaction,
the effective portion of any (gain or loss) on the derivative financial instrument is recognized directly in the comprehensive income
statement (cash flow hedge reserve), and will be reclassified from the cash flow hedge reserve to the same line item within which and
the same period during which the cash flow futures were hedged. The ineffective portion of any gain or loss is recognized immediately
in the current income statement, in the financial result.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a hedging instrument or a hedging relationship is
terminated, but the hedged transaction is still expected to occur, the cumulative gains and losses (up to the date of termination) remain
within comprehensive income, being reclassified in accordance with the above practice, when the transaction being protected occurs. If
the hedged transaction is no longer probable, the accumulated gains and losses recognized in comprehensive income are reclassified immediately
to the current income statement.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Fair value hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a derivative is intended to hedge the variability
in the fair value of a recognized asset or liability, or of a firm commitment, any resulting (gain or loss) on the hedging&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;instrument is recognized in profit or loss. The carrying amount
of the hedged item is also adjusted for changes in the fair value related to the risk being hedged, with any gain or loss being recognized
in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Net investment hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a non-derivative foreign currency liability hedges
a net investment in a foreign operation, exchange differences arising on the translation of the liability into the functional currency
are recognized directly in other comprehensive income (translation reserves). Any ineffectiveness is recognized immediately in profit
or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a derivative financial instrument hedges a net investment
in a foreign operation, the portion of the gain or loss on the hedging instrument that is determined to be effective is recognized directly
in other comprehensive income (translation reserves), while the ineffective portion is reported in profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;Derivatives at fair value through profit or loss&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Certain derivative financial instruments do not qualify for
hedge accounting. Changes in the fair values of any of those derivative financial instruments are recognized immediately in profit or
loss.&lt;/p&gt;

&lt;p style="font: 12pt/107% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Impairment of financial assets &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;On an annual basis, Management performs impairment testing
for financial assets or groups of financial assets. If a trigger event occurs, a financial asset or group of financial assets will be
deemed to be impaired. An asset or group of financial assets is deemed impaired, and impairment losses are recorded, only if there is
evidence of impairment as a result of one or more events occurring after the initial recognition of the assets (a "loss event")
and that event (or events) has an impact on the estimated future cash flow from the financial asset or group of financial assets, and
can be estimated reliably.&lt;/p&gt;

&lt;p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_z72vNy3T4VZe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(x)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_868_z67WhR6ENAra"&gt;Impairment of non-financial assets&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The carrying amounts of non-financial assets, such as
property, plant and equipment and intangible assets with defined useful lives are reviewed, at least, at each reporting date to determine
the existence of any indication of impairment. If there is any indication, the asset&#x2019;s recoverable amount is estimated, and the
non-recoverable amount is recognized as an impairment in the income statement.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The goodwill and intangible assets with indefinite
useful life are tested for impairment on an annual basis, regardless of any indication, by comparing its accounting value with its
recoverable value.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Goodwill, intangible assets not yet available for use,
and intangibles with indefinite useful lives, are tested for impairment at the business unit level (one level below the reportable segment
level) at least annually, or whenever there is any indication of impairment.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;An impairment loss is recognized whenever the
carrying amount of an asset or the related cash-generating unit (&#x201c;CGU&#x201d;) exceeds its recoverable amount. Impairment
losses are recognized in the income statement. Intangible assets with an indefinite useful life are tested on a fair value approach
applying multiples that reflect current market transactions to indicators that drive the profitability of the asset or the royalty
stream that could be obtained from licensing the intangible asset to another party in an arm&#x2019;s length transaction.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The recoverable amounts of other assets are determined
as the higher of their fair value less costs to sell and their value in use. For an asset that does not generate substantially independent
cash inflows, the recoverable amount is allocated to the CGU to which the asset belongs. The recoverable amounts of the CGU to which the
goodwill and the intangible assets with indefinite useful lives belong are based on the fair value net of selling expenses, using EBITDA
multiples observed in the market for previous business combinations involving comparable businesses in the brewing industry. For some
CGUs, these calculations are corroborated using the fair-value less costs of disposal approach, where the free cash flow of these CGUs
is discounted to fair value using a discount rate after tax that reflects current valuation models for the time value of money, and the
risks specific to the asset.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Non-financial assets, except for goodwill, are reviewed
for the possible reversal of the impairment at the reporting date. Impairment losses are reversed only to the extent that the asset&#x2019;s
carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment
loss had been recognized.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForGovernmentGrants_zSFZJw10rgt2" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(y)&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;
&lt;/span&gt;&lt;span style="font-size: 12pt"&gt;&lt;span id="xdx_864_zUvtQafFosm6"&gt;Tax incentives and subsidized loans&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company is entitled to state tax benefits in Brazil,
provided by government grants. Referred grants may be in the form of rate reduction, calculation basis reduction, financing or subsidized
loans, presumed credits, effective collection, payment deferral or partial reductions of state tax payable. The effective collection incentives
are recorded in the operating net revenue, due to its nature, as the others are recognized in other operating income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;As before mentioned, among the tax incentives granted
to the Company, there are state tax incentive programs to promote industrial development either by financing or by deferring payment of
taxes. These state programs are intended to promote, in the long-term, increases in employment rates, industrial decentralization, as
well as to complement and diversify states industrial matrix.&lt;/p&gt;







&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In the case of these programs, the tax terms are set
in the respective state normative acts and state concessive acts, depending on their nature, when conditions for obtaining these grants
exist, they are under the Company's control. Such benefits comply with the systematic set by Complementary Federal Law 160/2017 and by
&lt;i&gt;Conv&#xea;nio&lt;/i&gt; CONFAZ 190/2017. The financial component of these incentives is recorded in the income statement, on an accrual
basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"/&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;The financing or
payment deferral forms of benefits, as the interest rates and terms of these loans could be advantageous compared to market conditions,
are considered as subsidized loans as intended by IAS 20. The respective subsidies consist of the gains identified by comparing the value
of these operations under the market conditions to the value agreed in the contracts. Thereby, upon receipt of funding, the subsidy calculated
is recorded in Other operating income, following the treatment for the other ICMS subsidies of similar nature. Management reviews the
market conditions prevailing in the year to assess such subsidies on an annual basis.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;Monthly, considering
of the value of the consideration, the period to maturity, the contract interest rate and the abovementioned discount rate, the reduction
in present value adjustment is allocated to financial income, to bring the balance to zero by the time of settlement of each consideration.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;Such financing
is recognized as liability adjusted to its present value. When there is an intervening financial institution in the transaction, the financing
is recorded at &#x201c;interest-bearing loans and borrowings&#x201d;, otherwise, they are recorded at &#x201c;trade payables&#x201d;, due
to the underlying economic essence and nature of the transaction.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;From the fourth
quarter of 2022, the nomenclature of the accounting policy &#x201c;government grants&#x201d; was changed to &#x201c;tax incentives and subsidized
loans&#x201d;.&lt;/span&gt;&lt;/p&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"/&gt;&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory_zzvbcMbEIpM3" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86E_zSZQVPWGa5t"&gt;Basis of preparation and measurement&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;span style="color: windowtext"&gt;The financial
statements are presented in &lt;/span&gt;millions &lt;span style="color: windowtext"&gt;of Brazilian Reais (&#x201c;R$&#x201d;), unless otherwise indicated,
rounded to the nearest million. The measurement basis used in preparing the financial statements is the historical cost, net realizable
value, fair value or recoverable amount.&lt;/span&gt;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory>
    <abev:DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_842_ecustom--DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock_z9JqTn8c9fD8" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86B_zDfkfABorj1g"&gt;Recently issued IFRS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The revised standards and new standards, which
became effective in 2022 are not applicable or did not have any material impact for the Company for the preparation of these
consolidated financial statements.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Other Standards, Interpretations and Amendments to
Standards &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;There are no other Standards, Interpretations and/or
Amendments to Standards that are not in force and that the Company expects to have a material impact resulting from their application
in the consolidated financial statements.&lt;/p&gt;

</abev:DescriptionOfAccountingPolicyForNewIFRSRelasesTextBlock>
    <abev:DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_843_ecustom--DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock_zsw32HMaaBc3" style="font: 12pt/115% Arial,sans-serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_860_zsOf9V94oOvd"&gt;Consolidated financial statements&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The financial statements of subsidiaries, joint arrangements
and associates used in these consolidated financial statements are prepared for the same reporting period as Ambev, using a consistent
accounting policy.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;All intercompany transactions, balances and unrealized
gains or losses on transactions between group companies have been eliminated.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Subsidiaries&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company controls an entity when it is exposed to
or has rights to variable returns due to its involvement with the entity, and it is able to affect those returns through its power over
the entity. When assessing control, potential voting rights are considered. Control is presumed to exist where the Company owns, directly
or indirectly, more than half of the voting rights (which does not always equate to economic ownership), unless it can be demonstrated
that such ownership does not confer control.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Subsidiaries are consolidated from the date on which
control is obtained by the Company, except when the predecessor basis of accounting is applied to transactions of business combinations
under common control. Consolidation is discontinued from the date on which control ceases.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev uses the purchase method to account for its business
combinations. The consideration transferred for the acquisition of a subsidiary represents the fair value of the assets transferred, the
liabilities incurred, and the equity interest issued by Ambev.&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The consideration transferred includes the fair
value of any asset or liability resulting from a contingent consideration agreement, when applicable. Costs related to the
acquisition are recognized in income as they are incurred. Assets, liabilities and contingent liabilities acquired or assumed in a
business combination are recognized initially at their fair value as at the acquisition date. Ambev recognizes the non-controlling
interest in the acquiree, either at its fair value or at the non-controlling interest&#x2019;s proportional share of the net assets
acquired. The measurement of the non-controlling interest to be recognized is determined for each acquisition.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The excess of: (i) the consideration paid; plus (ii)
the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition date, of any
previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired, at the date of acquisition, is
recorded as goodwill. When the consideration transferred is less than the fair value of the net assets acquired, the difference is recognized
directly in income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;All intercompany transactions, balances and unrealized gains
and losses on transactions between group companies have been eliminated. Unrealized losses are eliminated in the same way as unrealized
gains, but only to the extent that there is no evidence of impairment.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Associates&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Associates are companies which the Company has significant
influence over the financial and operational policies but does not control.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The list of main associates and subsidiaries are disclosed
in note 32 - &lt;i&gt;Group Companies&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Joint arrangements&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Joint arrangements are all entities over which the Company
shares control with one or more parties. Joint arrangements are classified either as joint operations or joint ventures depending on the
contractual rights and obligations of each investor.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Business combination between entities under common
control&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;Business combinations between entities
under common control have not been addressed under IFRS how they should be disclosed remains unclear. IFRS 3 - &lt;i&gt;Business Combinations
&lt;/i&gt;is the standard applicable to business combinations, but its scope explicitly excludes business combinations between entities under
common control, thus, in evaluating transactions of this nature, Management&#x2019;s judgment is required to adequately reflect the essence
and economic reality of each transaction.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&lt;b&gt;i) Predecessor basis of accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;In accordance with IAS 8, Management has
adopted the predecessor basis of accounting, which is consistent with United States Generally Accepted Accounting Principles (&#x201c;USGAAP&#x201d;)
and United Kingdom Generally Accepted Accounting Principles (&#x201c;UKGAAP&#x201d;), to record the carrying amount of the asset received,
as recorded by the parent company.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under the predecessor basis of accounting, when accounting
for a transfer of assets between entities under common control, the entity that receives the net assets or the equity interests (the acquirer)
shall initially record the assets and liabilities transferred at their parent book value as at the transfer date. If the book value of
the assets and liabilities transferred by the parent is different from the historical cost recorded by the controlling entity of the entities
under common control (the ultimate parent), the financial statements of the acquirer shall reflect the assets and liabilities transferred
at the same cost of the ultimate parent, as a counter-entry to shareholders' equity against the carrying value adjustments.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;ii) Assets Swap&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For transactions between entities under common control
that involve the disposal or transfer of assets from the subsidiary to its parent company (i.e. above the level of the consolidated financial
statements), the Company assesses the existence of: (i) any conflicts of interest; and (ii) the economic substance and purpose of the
transaction. Having fulfilled these assumptions, the Company adopted as a policy the concepts of IAS 16 in order to provide adequate visibility
and a fair impact on the amount of distributable results to its shareholders, specially the non-controlling interest. This policy also
includes assets acquired through the swapping of non-cash assets, or swaps with a combination of cash and non-cash assets. The assets
swapped may be of the same or a different nature. The cost of such assets is measured at fair value, unless: (i) the swap transaction
is not commercial in nature; or (ii) the fair value of the asset received (and the asset assigned) cannot be reliably measured. The acquired
asset is measured in this way even if the assignor entity cannot immediately remove the asset from its books. If the acquired asset is
not measurable at fair value, its cost is determined based on the book value of the assigned asset.&lt;/p&gt;

&lt;p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Whenever assets distributed are not recorded as cash, the
asset, before distribution, is recorded at its fair value in the income account. This procedure is applicable to distributions where the
assets are of the same nature and therefore can be treated equally. However, similarly to IFRIC 17, in the absence of a specific accounting
practice for transactions under common control, the Company applies these procedures as part of its accounting practices. We also apply
the same procedures to sales (products, supplies, etc.) to its controlling entity, where the positive result of the sale is recognized
in income.&lt;/p&gt;

</abev:DescriptionOfAccountingPolicyForTheBasisOfConsolidationTextBlock>
    <ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_z1MIAztWOkkg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_863_zCLwIficXUd6"&gt;Foreign currency translation&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 46.75pt 0 76.55pt; text-align: justify; text-indent: -76.55pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Functional and presentation currency&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The items included in the financial statements of each
subsidiary of the Company are measured using the currency of the primary economic environment in which the entity operates (the &#x201c;functional
currency&#x201d;).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The functional and presentation currency of the Company
financial statements is the Brazilian Real.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;Transactions and balances&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Foreign currency transactions are accounted for at the
exchange rates prevailing as at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated
using the balance sheet date rate. Non-monetary assets and liabilities denominated in foreign currencies are translated at the foreign
exchange rate prevailing as at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies stated
at fair value are translated at the exchange rate in force as at the date on which the fair value was determined. Gains and losses arising
from the settlement of transactions in foreign currencies and resulting from the conversion of assets and liabilities denominated in foreign
currencies are recognized in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Foreign exchange gains and losses related to loans and
cash and cash equivalents are presented in the statement of income as finance expenses or finance income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Conversion of the financial statements of subsidiaries located abroad&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Assets and liabilities of subsidiaries located abroad
are translated at the foreign exchange rates prevailing at the balance sheet date, while amounts from the income statement and cash flow
are translated at the average exchange rate for the year, and changes in equity are translated at the historical exchange rate of each
transaction. Translation adjustments arising from the difference between the average exchange rates and the historical rates are recorded
directly in carrying value adjustments.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Upon consolidation, exchange differences arising from
the translation of equity in foreign operations and borrowing and other currency instruments designated as net investment hedges are recognized
in carrying value adjustments, an equity reserve, and included in other comprehensive income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Even when recorded in the acquiring entity, the goodwill
and fair value adjustments arising from the acquisition of a foreign entity are treated as assets and liabilities of the foreign entity
and are translated at the foreign exchange rate at the balance sheet date.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Net investments in foreign operations&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;An entity may have a monetary item receivable from or
payable to a foreign operation, the settlement of which is neither planned nor likely to occur in the foreseeable future, and which does
not include trade receivables or trade payables. Exchange differences arising shall be recognized initially in other comprehensive income
and reclassified from equity to profit or loss upon the disposal of the net investment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Financial reporting in hyperinflationary economies&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under IAS 29, the non-monetary assets and liabilities,
the equity and the income statement of subsidiaries operating in hyperinflationary economies are restated to reflect changes in the general
purchasing power of the local currency by applying a general price index. The financial statements of an entity whose functional currency
is the currency of a hyperinflationary economy, whether using the historical costs approach or the current costs approach, shall be stated
in terms of the unit of measurement in force at the end of the reporting period, and translated into Reais at the closing rate for the
period.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Exchange rates&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The most significant exchange rates used for the preparation
of the Company&#x2019;s financial statements are as follow:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_pn5n6_zyBdoKLTICMl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Significant Exchange Rates (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B1_zEnxg99tLybk" style="display: none"&gt;Schedule of exchange rates&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Closing rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Average rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Currency&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Name&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Country&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;CAD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canadian Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zi7BimUtWvO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.8540&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zBlA5Pmqwf22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.3914&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zrQItQhd565c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.0791&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zQH3bsWltl0d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.9807&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zFWFzuVjZe3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.2960&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zXtdXsR9Dbe9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.6414&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;DOP&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dominican Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dominican republic&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_ztA7UeCXTbJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0925&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zwn5AodgMVH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0970&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zAJv5r4ko3h3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0891&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_z7ioMFwf5NJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0937&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zSZKMyiaw9Pd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0938&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zRGYwqkA0Hj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0885&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;USD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Panam&#xe1; and Cuba&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_z0ZEbFSvUmEk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.2177&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zkeMH0RxS6Ji" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.5805&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zBtpSBOeKav7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.1967&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zx3wvrAppGGd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.1644&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zsCkatDgbO3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.3687&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zyVEC1OhJsCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.9348&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;GTQ&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Quetzal&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Guatemala&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zCURG35pP0rk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6623&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zyoexf1LC4p5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7201&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zd2zkg83Eci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6700&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zFhS5EoVK9m3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6649&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zwyMY1qLFwH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6954&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_z3WPJxG65KT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6405&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ARS&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Argentinean Peso&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Argentina&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zylWLlVSXDa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0295&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zPEeciaXVoy3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0543&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zWeyJBSJ7e7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0618&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zHEYHtPTwtoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0403&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgkwh3UdJzCa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0568&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgN3g0DKvXr" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0750&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;BOB&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bolivian Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bolivia&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zBz4sXP8V9Df" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7497&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zbZlXVA3yDe6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.8018&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zsNzHQY9D5J6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7467&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zVN6OSBkl2ee" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7420&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zMtJ8LjYOOT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7714&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zke75CRqTBY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7090&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;PYG&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Guarani&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Paraguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zMEbH61vsw1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zaXvytr4S1Sj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0008&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zsw1PNeveGzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_z0ll1VugHQmg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIF4OT8fEMR6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0008&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIUCmGn2IImi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;UYU&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Uruguayan Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Uruguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zPQRG0HOaLx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1302&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zQ4pnjnXvjMd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1249&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zqmxHVXoFAyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1227&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zY8UeRCFeYw4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1253&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zbaaqDNfxiWj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1236&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zSSokHVpDael" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1218&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;CLP&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Chilean Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zK6v1qxBeOwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0061&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zDv8Icr2Mqk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0066&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zrjoSAEN3fCh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0073&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zg0unEmLab8c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0059&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_z7gD6RaZmk44" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0071&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zOknUNBSP1r" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0062&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;BBD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Barbadian Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Barbados&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zD75x5BHcON5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5721&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zlqMmT2AACc9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.7510&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zBbDd8Ku2842" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5618&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zOEQuIBd6Mp6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5458&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zgDIhJOSualj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.6465&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_z4quXWOKXRn8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.4326&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_zA1wuxfda8ug" style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory>
    <ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_pn5n6_zyBdoKLTICMl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Significant Exchange Rates (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B1_zEnxg99tLybk" style="display: none"&gt;Schedule of exchange rates&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Closing rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Average rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Currency&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Name&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Country&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;CAD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canadian Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zi7BimUtWvO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.8540&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zBlA5Pmqwf22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.3914&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zrQItQhd565c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.0791&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zQH3bsWltl0d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.9807&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zFWFzuVjZe3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.2960&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--CanadianDollarsSpentInCanadaAndCubaMember_zXtdXsR9Dbe9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3.6414&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;DOP&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dominican Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dominican republic&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_ztA7UeCXTbJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0925&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zwn5AodgMVH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0970&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zAJv5r4ko3h3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0891&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_z7ioMFwf5NJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0937&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zSZKMyiaw9Pd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0938&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--DominicanPesosSpentInTheDominicanRepublicMember_zRGYwqkA0Hj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0885&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;USD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Panam&#xe1; and Cuba&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_z0ZEbFSvUmEk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.2177&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zkeMH0RxS6Ji" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.5805&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zBtpSBOeKav7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.1967&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zx3wvrAppGGd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.1644&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zsCkatDgbO3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.3687&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--USDollarsSpentInPanamaAndCubaMember_zyVEC1OhJsCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;4.9348&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;GTQ&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Quetzal&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Guatemala&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zCURG35pP0rk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6623&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zyoexf1LC4p5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7201&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zd2zkg83Eci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6700&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zFhS5EoVK9m3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6649&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_zwyMY1qLFwH6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6954&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--QuetzalSpentInGuatemalaMember_z3WPJxG65KT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.6405&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ARS&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Argentinean Peso&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Argentina&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zylWLlVSXDa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0295&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zPEeciaXVoy3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0543&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zWeyJBSJ7e7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0618&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zHEYHtPTwtoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0403&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgkwh3UdJzCa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0568&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ArgentineanPesoSpentInArgentinaMember_zgN3g0DKvXr" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0750&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;BOB&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bolivian Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bolivia&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zBz4sXP8V9Df" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7497&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zbZlXVA3yDe6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.8018&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zsNzHQY9D5J6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7467&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zVN6OSBkl2ee" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7420&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zMtJ8LjYOOT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7714&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--BolivianPesoSpentInBoliviaMember_zke75CRqTBY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.7090&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;PYG&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Guarani&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Paraguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zMEbH61vsw1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zaXvytr4S1Sj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0008&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zsw1PNeveGzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_z0ll1VugHQmg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIF4OT8fEMR6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0008&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--GuaraniSpentInParaguaiMember_zIUCmGn2IImi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0007&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;UYU&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Uruguayan Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Uruguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zPQRG0HOaLx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1302&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zQ4pnjnXvjMd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1249&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zqmxHVXoFAyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1227&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zY8UeRCFeYw4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1253&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zbaaqDNfxiWj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1236&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--UruguayanPesoSpentInUruguayMember_zSSokHVpDael" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.1218&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;CLP&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Chilean Peso&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zK6v1qxBeOwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0061&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zDv8Icr2Mqk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0066&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zrjoSAEN3fCh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0073&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zg0unEmLab8c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0059&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20210101__20211231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_z7gD6RaZmk44" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0071&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AverageForeignExchangeRate_pip0_uPure_c20200101__20201231__ifrs-full--GeographicalAreasAxis__custom--ChileanPesoSpentInChileMember_zOknUNBSP1r" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Average rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;0.0062&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;BBD&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Barbadian Dollar&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Barbados&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20221231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zD75x5BHcON5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5721&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20211231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zlqMmT2AACc9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.7510&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ClosingForeignExchangeRate_iI_pip0_uPure_c20201231__ifrs-full--GeographicalAreasAxis__custom--BarbadianDollarSpentInBarbadosMember_zBbDd8Ku2842" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Closing rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5618&#160;&lt;/span&gt;&lt;/td&gt;
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      decimals="INF"
      unitRef="Pure">3.8540</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember"
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      unitRef="Pure">4.3914</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember"
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      unitRef="Pure">4.0791</ifrs-full:ClosingForeignExchangeRate>
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      unitRef="Pure">3.9807</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2021-01-012021-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember"
      decimals="INF"
      unitRef="Pure">4.2960</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2020-01-012020-12-31_custom_CanadianDollarsSpentInCanadaAndCubaMember"
      decimals="INF"
      unitRef="Pure">3.6414</ifrs-full:AverageForeignExchangeRate>
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      contextRef="AsOf2022-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember"
      decimals="INF"
      unitRef="Pure">0.0925</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember"
      decimals="INF"
      unitRef="Pure">0.0970</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember"
      decimals="INF"
      unitRef="Pure">0.0891</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="From2022-01-012022-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember"
      decimals="INF"
      unitRef="Pure">0.0937</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2021-01-012021-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember"
      decimals="INF"
      unitRef="Pure">0.0938</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="From2020-01-012020-12-31_custom_DominicanPesosSpentInTheDominicanRepublicMember"
      decimals="INF"
      unitRef="Pure">0.0885</ifrs-full:AverageForeignExchangeRate>
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      contextRef="AsOf2022-12-31_custom_USDollarsSpentInPanamaAndCubaMember"
      decimals="INF"
      unitRef="Pure">5.2177</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_USDollarsSpentInPanamaAndCubaMember"
      decimals="INF"
      unitRef="Pure">5.5805</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_USDollarsSpentInPanamaAndCubaMember"
      decimals="INF"
      unitRef="Pure">5.1967</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="From2022-01-012022-12-31_custom_USDollarsSpentInPanamaAndCubaMember"
      decimals="INF"
      unitRef="Pure">5.1644</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2021-01-012021-12-31_custom_USDollarsSpentInPanamaAndCubaMember"
      decimals="INF"
      unitRef="Pure">5.3687</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2020-01-012020-12-31_custom_USDollarsSpentInPanamaAndCubaMember"
      decimals="INF"
      unitRef="Pure">4.9348</ifrs-full:AverageForeignExchangeRate>
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      contextRef="AsOf2022-12-31_custom_QuetzalSpentInGuatemalaMember"
      decimals="INF"
      unitRef="Pure">0.6623</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_QuetzalSpentInGuatemalaMember"
      decimals="INF"
      unitRef="Pure">0.7201</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_QuetzalSpentInGuatemalaMember"
      decimals="INF"
      unitRef="Pure">0.6700</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="From2022-01-012022-12-31_custom_QuetzalSpentInGuatemalaMember"
      decimals="INF"
      unitRef="Pure">0.6649</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2021-01-012021-12-31_custom_QuetzalSpentInGuatemalaMember"
      decimals="INF"
      unitRef="Pure">0.6954</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2020-01-012020-12-31_custom_QuetzalSpentInGuatemalaMember"
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      unitRef="Pure">0.6405</ifrs-full:AverageForeignExchangeRate>
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      contextRef="AsOf2022-12-31_custom_ArgentineanPesoSpentInArgentinaMember"
      decimals="INF"
      unitRef="Pure">0.0295</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_ArgentineanPesoSpentInArgentinaMember"
      decimals="INF"
      unitRef="Pure">0.0543</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_ArgentineanPesoSpentInArgentinaMember"
      decimals="INF"
      unitRef="Pure">0.0618</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="From2022-01-012022-12-31_custom_ArgentineanPesoSpentInArgentinaMember"
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      unitRef="Pure">0.0403</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2021-01-012021-12-31_custom_ArgentineanPesoSpentInArgentinaMember"
      decimals="INF"
      unitRef="Pure">0.0568</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2020-01-012020-12-31_custom_ArgentineanPesoSpentInArgentinaMember"
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      unitRef="Pure">0.0750</ifrs-full:AverageForeignExchangeRate>
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      contextRef="AsOf2022-12-31_custom_BolivianPesoSpentInBoliviaMember"
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      unitRef="Pure">0.7497</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_BolivianPesoSpentInBoliviaMember"
      decimals="INF"
      unitRef="Pure">0.8018</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_BolivianPesoSpentInBoliviaMember"
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      unitRef="Pure">0.7467</ifrs-full:ClosingForeignExchangeRate>
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      unitRef="Pure">0.7714</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2020-01-012020-12-31_custom_BolivianPesoSpentInBoliviaMember"
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      unitRef="Pure">0.7090</ifrs-full:AverageForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_GuaraniSpentInParaguaiMember"
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      decimals="INF"
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      contextRef="From2022-01-012022-12-31_custom_GuaraniSpentInParaguaiMember"
      decimals="INF"
      unitRef="Pure">0.0007</ifrs-full:AverageForeignExchangeRate>
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      decimals="INF"
      unitRef="Pure">0.0061</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_ChileanPesoSpentInChileMember"
      decimals="INF"
      unitRef="Pure">0.0066</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_ChileanPesoSpentInChileMember"
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      unitRef="Pure">0.0073</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="From2022-01-012022-12-31_custom_ChileanPesoSpentInChileMember"
      decimals="INF"
      unitRef="Pure">0.0059</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2021-01-012021-12-31_custom_ChileanPesoSpentInChileMember"
      decimals="INF"
      unitRef="Pure">0.0071</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2020-01-012020-12-31_custom_ChileanPesoSpentInChileMember"
      decimals="INF"
      unitRef="Pure">0.0062</ifrs-full:AverageForeignExchangeRate>
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      contextRef="AsOf2022-12-31_custom_BarbadianDollarSpentInBarbadosMember"
      decimals="INF"
      unitRef="Pure">2.5721</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2021-12-31_custom_BarbadianDollarSpentInBarbadosMember"
      decimals="INF"
      unitRef="Pure">2.7510</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="AsOf2020-12-31_custom_BarbadianDollarSpentInBarbadosMember"
      decimals="INF"
      unitRef="Pure">2.5618</ifrs-full:ClosingForeignExchangeRate>
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      contextRef="From2022-01-012022-12-31_custom_BarbadianDollarSpentInBarbadosMember"
      decimals="INF"
      unitRef="Pure">2.5458</ifrs-full:AverageForeignExchangeRate>
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      contextRef="From2021-01-012021-12-31_custom_BarbadianDollarSpentInBarbadosMember"
      decimals="INF"
      unitRef="Pure">2.6465</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:AverageForeignExchangeRate
      contextRef="From2020-01-012020-12-31_custom_BarbadianDollarSpentInBarbadosMember"
      decimals="INF"
      unitRef="Pure">2.4326</ifrs-full:AverageForeignExchangeRate>
    <ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForRecognitionOfRevenue_zaUKyhizArj1" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86B_zGUHXU4GLhX1"&gt;Segment reporting&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Reportable segments are identified based on the internal
reporting regularly reviewed by the chief operating decision maker of the Company, the Chief Executive Officer, for the purpose of evaluating
the performance of each segment and allocating resources to those segments. Accordingly, segment information is presented by geographical
area, since the risks and rates of return are affected predominantly by the fact that the Company operates in different regions.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Performance information by business unit (Beer and Non-alcoholic
beverages (&#x201c;NAB&#x201d;)), is also presented to the Company&#x2019;s chief decision maker and is disclosed as additional information,
even though it does not qualify as a segment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company conducts its operations across four business
segments, as follow:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Brazil, where the Company operates two business
subunits: (i) beer and (ii) non-alcoholic beverages (NAB);&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Central America and Caribbean (&#x201c;CAC&#x201d;),
which includes direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala (which also serves El Salvador,
Nicaragua and Honduras), Barbados and Panama;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Latin America South (LAS), which includes operations
in Argentina, Bolivia, Chile, Paraguay and Uruguay; and&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Canada, represented by the operations of Labatt
Brewing Company Ltd.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue>
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&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(f)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86E_zwlU8ZsdZwQh"&gt;Revenue recognition&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes revenue when the amount of revenue
can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the Company, as described
below.&lt;/p&gt;

&lt;p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue represents the fair value of the amount received
or receivable upon the sale of products or the rendering of services in the ordinary course of business. Revenue is presented net of taxes,
returns, rebates and discounts, as well as net of the elimination of sales between group companies.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Goods sold&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue is measured based on the consideration which the
Company expects to have the right to receive in contracts with customers and excludes amounts collected on behalf of third parties.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue recognition is based on the five-step approach
of IFRS 15 - &#x201c;Revenue from Contracts with Customers&#x201d;:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Identification of the contract with a customer;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Identification of the performance obligations in the contract;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Determination of the transaction price;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 36pt"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Allocation of the transaction price to the performance obligations in the
contracts; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3.3pt"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Revenue recognition when the performance obligations have been satisfied,
meaning when the company transfers control of a product to a customer.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Revenue from the sale of goods is measured at the amount
that reflects the best estimate of the consideration expected to be received in exchange for those goods. Contracts can include significant
variable elements, such as discounts, rebates, refunds, credits, price concessions, incentives, performance bonuses and penalties. These
trade incentives are treated as variable considerations. If the consideration includes a variable component, the company estimates the
amount of consideration to which it will be entitled for transferring the promised goods or services to the customer. A variable consideration
is only included in the transaction price if it is highly probable that the amount of revenue recognized would not be subject to significant
future reversals when the respective uncertainty is resolved.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Finance income&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Finance income consists of interest received or receivable
on funds invested, monetary updates arising from legal disputes, foreign exchange gains, gains on currency hedging instruments intended
for offsetting currency losses, gains on hedging instruments that are not part of a hedge accounting relationship, gains on financial
assets classified as at fair value through profit or loss, and as any gains due to hedge ineffectiveness.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Interest income is recognized on an accruals basis unless collectability is in
doubt.&lt;/p&gt;

</abev:RevenueRecognitionPolicyTextBlock>
    <ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84D_eifrs-full--DescriptionOfAccountingPolicyForExpensesExplanatory_zOQuARZan3Kb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(g)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_860_z5ykyQJUCbF1"&gt;Expenses&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Finance expenses&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Finance expenses comprise interest payable on borrowing,
calculated using the effective interest rate method, present value adjustment for trade payables, foreign exchange losses, losses on
currency hedging instruments intended for the offsetting of currency gains, results on interest rate hedging instruments, losses on hedging
instruments that are not part of a hedge accounting relationship, losses on financial assets classified as held for trading, impairment
losses on financial assets classified as available for sale, and any losses due to hedge ineffectiveness.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;All interest costs incurred in connection with borrowing
or financial transactions are expensed as incurred as part of finance expenses, except when capitalized. Any difference between the initial
amount and the maturity amount of interest-bearing loans and borrowing, such as transaction costs and fair value adjustments, are recognized
in the income statement over the expected life of the instrument based on the effective interest rate method. The interest expenses component
of finance lease payments is also recognized in the income statement using the effective interest rate method.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Royalty expenses&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Royalties are classified as cost of goods sold.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForExceptionalItemsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForExceptionalItemsExplanatory_zIxm7qw063Tb" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(h)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86A_zQPlFtUaejC7"&gt;Exceptional items&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Exceptional items are those that, because of their peculiarities,
in Management&#x2019;s judgment need to be disclosed separately. In determining whether an event or transaction is exceptional, Management
considers quantitative as well as qualitative factors such as the frequency or predictability of occurrence, and the potential impact
on the variations in profit or loss. These items are disclosed in the income statement or separately disclosed in the notes to the financial
statements. Transactions that may give rise to exceptional items are principally restructuring activities, amnesties,&#160;acquisitions
of subsidiaries, impairment losses, and gains or losses on disposal of assets and investments.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForExceptionalItemsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_841_eifrs-full--DescriptionOfAccountingPolicyForIncomeTaxExplanatory_z57BH14X0LMe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(i)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86D_zycBokshiFql"&gt;Income tax and social contribution&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Income tax and social contribution for the year comprises
current tax and deferred tax. Income tax and social contribution are recognized in the income statement, unless they relate to items recognized
directly in comprehensive income or other equity accounts. In these cases, the tax effect is also recognized directly in comprehensive
income or equity account (except interest on shareholder&#x2019;s equity. See Note 3 (q)).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The current tax expense is the expectation of payment
on the taxable income for the year, using tax rates enacted, or substantially enacted, at the balance sheet date, and any adjustment to
tax payable in respect of previous years.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Deferred taxes are recognized using the balance sheet
liability approach. This means that a deferred tax liability or asset is recognized for all taxable and tax-deductible temporary differences
between the tax and accounting basis of assets and liabilities. Under this method, a provision for deferred taxes is also calculated
on the differences between the fair value of assets and liabilities acquired in a business combination and their tax basis. IAS 12 prescribes
that no deferred tax liability on goodwill recognition, and no deferred tax asset/liability is recorded: (1)&#x202f;at the initial recognition
of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting
nor taxable profit or loss and (2) on differences related to investments in subsidiaries to the extent that they are not reversed in
the foreseeable future. The amount of deferred tax provided is based on the expectation of the realization or settlement of the temporary
difference, using currently or substantially enacted tax rates. Deferred tax assets and liabilities are offset if there is a legally
enforceable right to offset current tax liabilities and assets, and they relate to income taxes levied by the same tax authority on the
same taxable entity, or on different taxable entities which intend either to settle current tax liabilities and assets on a net basis,
or to realize the assets and settle the liabilities simultaneously.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The deferred tax asset is recognized only to the extent
that it is probable that future taxable profits will be available. The deferred income tax asset is reduced to the extent that it is no
longer probable that the future taxable benefit will occur.&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Furthermore, the Company applies the provisions of IFRIC 23
- Uncertainty on the Treatment of Income Taxes, in relation to the treatments that affected the calculation of income taxes (uncertain
tax treatments), as disclosed in note 30 &#x2013; &lt;i&gt;Contingencies&lt;/i&gt; &#x2013; Uncertainties about treatment of IRPJ and CSLL.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_zJxmcbHtQkm4" style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(j)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86C_zJmmmn8t5uZ7"&gt;Property, plant and equipment&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Property, plant and equipment are measured at cost less
accumulated depreciation and impairment losses. The cost includes the purchase price, borrowing costs incurred during the construction
period and any other costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of
operating in the manner intended by management (e.g. nonrefundable tax, transportation and the costs of dismantling, removal and site
restoration, if applicable). The cost of a self-constructed asset is determined using the same principles as an acquired asset. The depreciation
methods, residual value, and the useful lives are reassessed and adjusted if appropriate, on an annual basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Borrowing costs directly attributable to the acquisition,
construction or production of qualifying assets are capitalized as part of the cost of such assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Land is not depreciated since it is deemed to have an indefinite useful life.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;Property, plant and equipment, and depreciation include the effects of using
the predecessor basis of accounting (Note 3 (c)).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Subsequent expenditure&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes in the carrying amount of an item
of property, plant and equipment the cost of replacing a component of such an item if it is probable that the future economic benefits
of the component will flow to the Company and the cost of the component can be measured reliably. All other costs are expensed as incurred.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Depreciation&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The depreciable amount is the cost of an asset less its
residual value. The residual values, if significant, are reassessed annually. Depreciation is calculated from the date on which the asset
is available for use, using the straight-line method over the estimated useful lives of the assets. The right-of-use assets are depreciated
over the term of each contract.&lt;/p&gt;






&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The estimated useful lives of the major classes of property,
plant and equipment are as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_pn5n6_z9NgQXrjSfa2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Major Property, Plant and Equipment (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span id="xdx_8B0_zHVaNVQUfB7" style="display: none"&gt;Schedule
    of estimated useful lives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; width: 73%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Buildings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_908_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_z6E5TlAj443j" title="Property, plant and equipment, useful life"&gt;25&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember_zaBVBd6rK1n8" title="Property, plant and equipment, useful life"&gt;15&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Fixtures &lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_907_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FixturesMember_zFMwgKQdX3G1" title="Property, plant and equipment, useful life"&gt;10&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Fittings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_906_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FittingsMember_zGniQiiQSZ44" title="Property, plant and equipment, useful life"&gt;10&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Assets for external use / commercial assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&#160;&lt;span id="xdx_90A_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zihAAxKoXy64" title="Property, plant and equipment, useful life"&gt;2&lt;/span&gt; - &lt;span id="xdx_909_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zd6wDoUbWehe" title="Property, plant and equipment, useful life"&gt;5&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A3_z8QQiYX3waVh" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The assets&#x2019; residual values and useful lives are
reviewed when necessary. Management uses its judgment to assess and ascertain the useful lives of these assets.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Gains and losses on sale&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Gains and losses on sales are determined by comparing
the results with the carrying amounts and are recognized in other operating income/(expenses) in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Leases&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;With the adoption of IFRS 16 &#x2013; &lt;i&gt;Leasings&lt;/i&gt;,
the Company began to recognize a right-of-use asset and a liability at the date of the beginning of the lease term.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes the right-of-use asset and a
corresponding lease liability related to all lease contracts which is the lessee, except for short-term leases (defined as leases
with terms of &lt;span id="xdx_907_esrt--MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1_dtM_c20220101__20221231_zMf9sOkY1Km4" title="Lease term"&gt;12&lt;/span&gt;-month
or less) and leases of low value assets, that comprehend goods with value equal or below US$&lt;span id="xdx_901_eifrs-full--RightofuseAssets_iI_pn5n6_uUSD_c20221231_z9QfkWFNz672" title="Right of use asset"&gt;5,000.00&lt;/span&gt;.
To these leases, the Company recognizes the lease payments as operating expense during the lease course.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Currently, the main leases by the Company are related
to trucks, forklifts, real estate, commercial vehicles and industrial equipment contracts.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The lease liability is initially measured at lease
payments present value, discounted by using the rate implicit in the lease. If the rate cannot be promptly determined, the Company
uses its incremental loan rate specific for the country, deadline and currency of the contract or other local criteria.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Lease payments include fixed payments, less any lease
incentives, variable lease payments that depend on an index or known rate at the commencement date, and purchase options or extension
options payments if the Company is reasonably certain to exercise these options. All contracts establish an annual readjustment of payments
according to the rates established in the contract.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A lease liability is remeasured upon a change in the
lease term or on the future payments and the corresponding adjustment is also made in right-of-use assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company applies IAS 36 to determine if right-of-use
asset are subject to impairment and to record eventual losses by impairment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The lease liability is disclosed in the &#x201c;Interest-bearing
loans and borrowing&#x201d; line and the right-of-use assets are disclosed in the &#x201c;Property, plant and equipment&#x201d; line of the
balance sheet.&lt;/p&gt;


</ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory>
    <abev:DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock_pn5n6_z9NgQXrjSfa2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Useful Lives of Major Property, Plant and Equipment (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span id="xdx_8B0_zHVaNVQUfB7" style="display: none"&gt;Schedule
    of estimated useful lives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; width: 73%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Buildings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_908_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_z6E5TlAj443j" title="Property, plant and equipment, useful life"&gt;25&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_90D_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember_zaBVBd6rK1n8" title="Property, plant and equipment, useful life"&gt;15&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Fixtures &lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_907_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FixturesMember_zFMwgKQdX3G1" title="Property, plant and equipment, useful life"&gt;10&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Fittings&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&lt;span id="xdx_906_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FittingsMember_zGniQiiQSZ44" title="Property, plant and equipment, useful life"&gt;10&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;Assets for external use / commercial assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 110%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 110%"&gt;&#160;&lt;span id="xdx_90A_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zihAAxKoXy64" title="Property, plant and equipment, useful life"&gt;2&lt;/span&gt; - &lt;span id="xdx_909_ecustom--PropertyPlantAndEquipmentUsefulLifes_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--ExternalUseAssetsCommercialAssetsMember_zd6wDoUbWehe" title="Property, plant and equipment, useful life"&gt;5&lt;/span&gt; years&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfEstimatedUsefulLivesOfMajorPropertyPlantAndEquipmentClassesTextBlock>
    <abev:PropertyPlantAndEquipmentUsefulLifes contextRef="From2022-01-012022-12-31_ifrs-full_BuildingsMember">P25Y</abev:PropertyPlantAndEquipmentUsefulLifes>
    <abev:PropertyPlantAndEquipmentUsefulLifes contextRef="From2022-01-012022-12-31_custom_PlantAndEquipmentMember">P15Y</abev:PropertyPlantAndEquipmentUsefulLifes>
    <abev:PropertyPlantAndEquipmentUsefulLifes contextRef="From2022-01-012022-12-31_custom_FixturesMember">P10Y</abev:PropertyPlantAndEquipmentUsefulLifes>
    <abev:PropertyPlantAndEquipmentUsefulLifes contextRef="From2022-01-012022-12-31_custom_FittingsMember">P10Y</abev:PropertyPlantAndEquipmentUsefulLifes>
    <abev:PropertyPlantAndEquipmentUsefulLifes contextRef="From2022-01-012022-12-31_ifrs-full_BottomOfRangeMember_custom_ExternalUseAssetsCommercialAssetsMember">P2Y</abev:PropertyPlantAndEquipmentUsefulLifes>
    <abev:PropertyPlantAndEquipmentUsefulLifes contextRef="From2022-01-012022-12-31_ifrs-full_TopOfRangeMember_custom_ExternalUseAssetsCommercialAssetsMember">P5Y</abev:PropertyPlantAndEquipmentUsefulLifes>
    <srt:MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1 contextRef="From2022-01-01to2022-12-31">P12M</srt:MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1>
    <ifrs-full:RightofuseAssets contextRef="AsOf2022-12-31" decimals="-5" unitRef="USD">5000000000.00</ifrs-full:RightofuseAssets>
    <ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyForGoodwillExplanatory_zdbIfko24jdb" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(k)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_867_z0vwo8MjOBpa"&gt;Goodwill&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Goodwill arises on acquisitions of subsidiaries, associates,
and joint arrangement and it is determined as the excess between the sum of (i) the consideration paid in exchange for control of the
acquiree; plus (ii) the amount of any non-controlling interests in the acquiree (when applicable); and (iii) the fair value, at the acquisition
date, of any previous equity interest in the acquiree, over the fair value of the net identifiable assets acquired and liabilities assumed,
measured in accordance with IFRS 3 - &#x201c;Business Combinations&#x201d; as at the date of acquisition. All business combinations are
accounted for using the purchase method.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In compliance with IFRS 3 - &#x201c;Business Combinations&#x201d;,
goodwill is carried at cost and not amortized, but is tested for impairment at least annually, or whenever there are indications that
the cash generating unit (&#x201c;CGU&#x201d;) to which the goodwill has been allocated could be impaired. Impairment losses recognized
on goodwill are not reversed. Gains and losses on the disposal of an entity include the carrying amount of goodwill relating to the entity
sold.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Goodwill is expressed in the functional currency of the
CGU or joint operation to which it relates and translated into Reais using the year-end exchange rate.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;If the Company&#x2019;s interest in the net fair value
of the identifiable assets, liabilities and contingent liabilities recognized exceeds the costs of the business combination, such excess
is recognized immediately in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Expenditure on internally generated goodwill is expensed as it is incurred.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Goodwill includes the effects of applying the predecessor basis of accounting (Note
3 (c)).&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For associates and joint ventures, goodwill is included
in the carrying amount of the investment in the associate/joint venture.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;








</ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_zZS1Cz5dvej1" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(l)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_866_zUYaUH8Zj2E5"&gt;Intangible assets&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Brands&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a portion of the consideration paid in a business
combination relates to brands, this is recognized in a specific intangible assets account, and measured at fair values as at the acquisition
date. Subsequently, the value of brands can be reduced in the case of impairment losses. Internally generated expenditure for brand development
is recognized within expenses.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Purchased software is measured at cost less accumulated
amortization. Amortization related to software is included in the cost of sales, commercial expenses or administrative expenses, based
on the business activity which the software is intended to support.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The expenditures related to software maintenance
are recognized as expense, as incurred. The expenditures with development, as the expenditures with employees allocated in software
development, which are directly attributed to identifiable and exclusive software, controlled by the Company, are recognized as
intangible assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Commercial intangibles&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company records supply rights, which consists in
the Company's right to supply a customer and the customer's commitment to purchase the Company's products, and distribution rights which
are the rights to sell specific products in a certain territory.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Other intangible assets&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Other intangible assets, acquired by the Company, including
multi-year sponsorship rights, are measured at cost less accumulated amortization and impairment losses.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Intangible assets with definite useful lives are amortized
on a straight-line basis over their estimated useful lives. Licenses, supply, and distribution rights are amortized over the period for
which the rights exist, based on the contract terms, which vary, in general, from 1 to 8 years. Brands are considered to have indefinite
lives, and therefore, are not amortized. Software and capitalized development costs related to technology are amortized over a period
of 3 to 5 years.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Items that are not amortized are tested for impairment on an annual basis.&lt;/p&gt;






&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Gains and losses on sale&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Net gains on sale of intangible assets are presented
in the income statement as other operating income. Net losses on sale are included as other operating expenses. Net gains and losses
are recognized in the income statement when the control has been transferred to the buyer, recovery of the consideration is probable,
the associated costs can be estimated reliably.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory>
    <abev:DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_845_ecustom--DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock_zeIawALtSWka" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&lt;b&gt;(m) &lt;span id="xdx_866_zC0FGNkSlbw8"&gt;Recognition of assets
and liabilities relating to extemporaneous tax debits or credits&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The accounting policy applied by the Company considers
the extemporaneous tax credits and&#160;debits of any nature as determined by IAS 37 - &lt;i&gt;Provisions, Contingent Liabilities and Contingent
Assets&lt;/i&gt;, except for income taxes, which the Company applies the policy disclosed in item (i) &#x2013; &lt;i&gt;Income tax and social
contribution&lt;/i&gt; of this note.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Credits are recognized only when Management has elements
that guarantee (i) that the credit is virtually certain; and (ii) the amount could be estimated with sufficient reliability to enable
it to be compensated or refunded. In cases where the recovery of the asset is probable, or the amount cannot be reliably measured, the
amounts are not recognized in the account, but presented in Note 30 - &lt;i&gt;Contingencies&lt;/i&gt; related to contingent assets. Management understands
that, in cases of lawsuits involving contingent assets, a final and unappealable decision on the specific lawsuit of the Company is required
to confirm the existence of its rights, except where specific circumstances pertinent to the case allow the recognition of its rights
with sufficient objectivity and reliability.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Debits are recognized only when (i) these are based on
a past event; (ii) there is a present obligation arising from this past event; (iii) it is probable that an outflow of resources will
be required; and (iv) the amount can be estimated sufficiently reliably. If the expected disbursement is possible, or the amount cannot
be sufficiently reliably measured, the amounts are presented in Note 30 - Contingencies.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Contingent assets and liabilities are assessed periodically
to ensure that they are appropriately reflected and disclosed in the financial statements.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;From October 1, 2020, the accounting policy for the recognition
of assets and liabilities of &lt;span style="color: black"&gt;extemporaneous&lt;/span&gt; tax credits and&#160;debits of any nature to record as
&#x201c;Other operating income/(expenses)&#x201d;, with an exception for amnesty payments, accounted for as exceptional items, given their
one-off nature.&lt;/p&gt;

</abev:DecriptionOfRecognitionOfAssetsAndLiabilitiesRelatingToExtemporaneousTaxDebitsOrCreditTextBlock>
    <ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForMeasuringInventories_zxKuPwhgLldl" style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(n)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_867_zsAT0ABc8nYi"&gt;Inventory&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Inventory is initially recorded at the acquisition cost
and subsequent valued at the lower of their cost and net realizable value. Cost includes expenditure incurred to acquire the&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;inventory and bring it to the location and condition required
for use. The weighted average method is used to determine the cost of inventory.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The cost of finished products and work in progress includes
raw materials, other production materials, direct labor, other direct costs, gains and losses on derivative financial instruments, and
an allocation of fixed and variable overheads based on the normal operating capacity. Fixed costs not allocated or idle costs not held
in inventory, are recognized directly in the income statement, as determined by IAS 2.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The amount of inventory is reduced on a case-by-case
basis if the anticipated net realizable value declines below the carrying amount. The net realizable value is the estimated selling price
in the ordinary course of business, less the costs of bringing the inventory to the condition required for sale, and the selling costs.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The calculation of the net realizable value takes into
consideration the specific characteristics of each category of inventory, such as the expiry date, the remaining shelf life, and any indicators
of slow-moving inventory, amongst others.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Provisions for impairment losses are constituted, when
necessary, in compliance with write-offs, slow moving and obsolete inventory of the Company&#x2019;s policies.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84C_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory_zTjGkcfZjkUj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(o)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_862_zhBlHqALVr9l"&gt;Trade receivables&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Trade receivables are amounts due from customers for
goods sold or services performed in the ordinary course of business. Trade receivables are recognized initially at the amount of the unconditional
consideration, unless they contain significant financing components, in which case they are recognized at fair value. The Company holds
trade receivables with the objective of collecting the contractual cash flow, and therefore measures them subsequently at amortized cost
using the effective interest rate method.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company applies the IFRS 9 simplified approach to
measuring expected credit losses whereby impairment allowances for trade receivables are measured upon initial recognition on the basis
of the expected 12-month credit losses. This is primarily based on past experience of credit losses, current data on overdue receivables
and credit score information. Prospective information (such as forecast economic performance indicators) is also taken into consideration
if, based on past experience, such indicators show a strong correlation with actual credit losses. Typically trade receivables which are
outstanding for more than 90 days are fully provisioned.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Other assets are mainly composed of loans to customers,
cash deposits on guarantees and tax receivables. These instruments are initially recognized at fair value and subsequently measured at
amortized cost. Any impairment losses and foreign exchange results are directly recognized in profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;If the receivable term is equivalent to one year or less,
the accounts receivable are classified as current assets. Otherwise, they are presented as non-current assets.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84E_eifrs-full--DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_z5iXIgkym9E5" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(p)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_864_zQ7t787mPmd7"&gt;Cash and cash equivalents&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Cash and cash equivalents include all cash balances,
bank deposits, and short-term highly liquid investments with an insignificant risk of changes in value which are readily convertible into
cash. They are stated at their face value, which approximates the fair value.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For the purpose of the cash flow statement, cash and
cash equivalents are presented net of bank overdrafts, when applicable.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents>
    <ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForIssuedCapitalExplanatory_zMBLf2A93x1" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(q)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86A_z2hWnPwuK7Fc"&gt;Equity&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Issued capital&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;The Company's issued capital consists only of common shares.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Repurchase of shares&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When the Company repurchases its own shares, the amount
paid, including any directly attributable additional costs is recognized as deductions from equity attributable to shareholders, in the
line item &#x201c;treasury shares&#x201d;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Share issuance costs&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Incremental costs directly attributable to the issuance
of new shares or options are presented in equity as a deduction, net of tax, from the proceeds.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Dividends and interest on shareholder&#x2019;s equity&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Dividends and interest on shareholders&#x2019; equity
are recognized in liabilities from the date on which they are approved by a Board of Directors&#x2019; Meeting, except for the minimum
statutory dividends provided for under the Company&#x2019;s bylaws, which are recognized as a liability, when applicable, at the end of
each fiscal year.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The interest expense attributable to capital to shareholders
is recognized in income for the purposes of the calculation of Brazilian income and social contribution tax, and is subsequently reclassified
from shareholders' equity for presentation purposes in the financial statements.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForIssuedCapitalExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_849_eifrs-full--DescriptionOfAccountingPolicyForBorrowingsExplanatory_zfP1hbCRKZd9" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(r)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_866_zTvUiwBpEenj"&gt;Interest-bearing loans and borrowings&lt;/span&gt; &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Interest-bearing loans and borrowing are recognized initially
at fair value less attributable transaction costs. Subsequent to their initial recognition, interest-bearing loans and borrowing are stated
at amortized cost, with any differences between the initial and maturity amounts recognized in the income statement over the expected
life of the instrument on an effective interest rate basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Borrowing costs directly related to the acquisition,
construction or production of a qualifying asset which requires a substantial period of time to prepare for its intended use or sale,
are capitalized as part of the cost of that asset when it is probable that the future economic benefits associated with the item will
flow to the Company, and the costs can be measured reliably. Other borrowing costs are recognized as finance expenses in the period in
which they are incurred.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_zi3bZZBZFsNj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(s)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_867_zKtXhCKrD5y9"&gt;Employee benefits&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Post-employment benefits&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Post-employment benefits include pensions managed in
Brazil by Instituto Ambev de Previd&#xea;ncia Privada (&#x201c;IAPP&#x201d;), post-employment dental benefits and post-employment medical
benefits managed by Funda&#xe7;&#xe3;o Zerrenner. Usually, pension plans are funded by payments made by both the Company and its participants,
considering the recommendations of independent actuaries. Post-employment dental benefits and post-employment medical benefit obligations
are funded using the returns on the assets of the Funda&#xe7;&#xe3;o Zerrenner plan. If necessary, the Company may contribute some
of its profits to Funda&#xe7;&#xe3;o Zerrenner.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company manages defined benefit and/or defined contribution
plans and/or medical and dental assistance plans for the employees of its companies located in Brazil and its subsidiaries located in
the Dominican Republic, Barbados, Panama, Uruguay, Bolivia, Argentina and Canada.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;The Company maintains both funded and unfunded plans.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;s.1) Defined contribution plans&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A defined contribution plan is a pension plan under which
the Company pays fixed contributions into a fund. The Company has no legal or constructive obligations to pay further contributions if
the fund does not hold sufficient assets to pay all employees for the benefits relating to their service in the current and prior periods.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;The contributions to these plans are recognized as expenses in the period
during which they are incurred.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;s.2) Defined benefit plans&lt;/b&gt;&lt;/p&gt;






&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Typically, defined benefit plans define an amount of
pension benefit that an employee will receive upon retirement, usually dependent on one or more factors such as age, years of service
and compensation level.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For defined benefit plans, expenses are assessed separately
for each plan using the projected credit unit method. The projected credit unit method takes into account that each period of service
gives rise to an additional unit of benefit and measures each such unit separately. Based on this method, the cost of providing pensions
is charged to the income statement over the period of service of the employee. The amounts charged to the income statement consist of
current service costs, interest costs, past service costs and the effect of any agreements and settlements. The obligations of the plan
recognized in the balance sheet are measured at the present value of the estimated future cash outflows using a discount rate equivalent
to the government&#xb4;s bond rates with maturity terms similar to those of the respective obligation and the fair values of the plan
assets.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Past service costs arise from the introduction of a new
plan or changes to an existing plan. They are recognized immediately in the income statement, at the earlier of: (i) when the settlement/curtailment
occurs; or (ii) when the Company recognizes the related restructuring or termination costs, unless those changes are conditional upon
the employee&#x2019;s continued employment, for a specific period of time (the period in which the rights are acquired). In such cases,
past services costs are amortized using the straight-line method over the period during which the rights were acquired.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Actuarial gains and losses consist of the effects of
differences between the previous actuarial assumptions and the actual results, and the effects of changes in actuarial assumptions. Actuarial
gains and losses are fully recognized in carrying value adjustments.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Remeasurements, representing actuarial gains and losses,
the effect of the asset ceiling and the return on plan assets, both excluding net interest, are recognized in full in the period in which
they occur in the statement of comprehensive income. Remeasurements are not reclassified to profit or loss in subsequent periods.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When the amount of the defined benefit obligation is
negative (an asset), the Company recognizes those assets (prepaid expenses), to the extent of the value of the economic benefit available
to the Company either from refunds or reductions in future contributions.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Other post-employment obligations&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and some of its subsidiaries provide post-employment
medical benefits, the reimbursement of medication expenses and other benefits to certain retirees. These benefits are not granted to new
retirees. The expected costs of these benefits are&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;recognized over the period of employment, using an accounting
methodology like that for defined benefit plans, including actuarial gains and losses.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Termination benefits&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Termination benefits are recognized as expenses at the
earlier of: (i) when the Company is demonstrably committed, without a realistic possibility of withdrawal, to a formal detailed plan to
terminate employment before the normal retirement date; and (ii) when the Company recognizes costs related to restructuring.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Bonuses&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;Bonuses granted to employees and managers are
based on pre-defined company and individual target achievement. The estimated amount of the bonus is recognized as an expense in the period
during which the bonus is earned.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_zAokwfOh8ER7" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(t)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86D_zDWLNJqTcst3"&gt;Share-based payments&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Different share and share option programs allow management
and other members appointed by the Board of Directors and People Committee, as each case, to acquire shares in the Company as in Note
25 - &lt;i&gt;Share-based payments&lt;/i&gt;.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_84A_eifrs-full--DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory_zSTF8RtFpTna" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(u)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_86A_zhody9nffTbl"&gt;Trade payables&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Trade payables are recognized initially at their fair
values and subsequently at amortized cost using the effective interest method. When relevant, trade payables values are adjusted by their
present value, considering the following assumptions to calculation: (i) the amount to be discounted; (ii) the settlement dates; and (iii)
the discount rate, in accordance with IFRS 13.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForProvisionsExplanatory_zxABTiHcfOz7" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(v)&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;
&lt;/span&gt;&lt;span style="font-size: 12pt"&gt;&lt;span id="xdx_869_zCQkImPBKGhf"&gt;Provisions and contingent liabilities&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Provisions are recognized when: (i) the Company has a
present obligation (legal or constructive) as a result of past events; (ii) it is likely that a future disbursement will be required to
settle the current obligation; and (iii) the amount of the obligation can be estimated reliably.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Provisions, except for those mentioned in the line item
Disputes and litigation, are determined by discounting the expected future cash flow, to a pre-tax rate, which reflects the current market
assessments of the time value of money and, where appropriate, the risks specific to the liability.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A provision for restructuring is recognized when the
Company has approved a detailed restructuring plan, and the restructuring has either commenced or been announced. Costs relating to the
ongoing and future activities of the Company are not provided for but are recognized when expenses are incurred. The provision includes
the benefit commitments in connection with early retirement and redundancy schemes.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Disputes and Litigations&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A provision for disputes and litigation is recognized
when it is more likely than not that the Company will be required to make future payments as a result of past events. Such items may include
but are not limited to, claims, suits and actions filed by or against the Company relating to antitrust laws, violations of distribution
and license agreements, environmental matters, employment-related disputes, claims from the tax authorities, and other matters.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Contingent liabilities&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries have tax, civil and
labor lawsuits defined as contingent liabilities, according to IAS 37, for which no provisions have been recorded, due to the judgment
by management for developing the estimate. Possible contingent liabilities are not recognized but are disclosed in note 30 - &lt;i&gt;Contingencies&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The contingent liabilities with remote possibility of
outflow in settlement are not disclosed, as the possibility of any disbursement in the settlement is remote, in accordance with IAS 37.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;From the fourth quarter of 2022 onwards, the nomenclature
of the accounting policy &#x201c;provisions&#x201d; was changed to &#x201c;provisions and contingent liabilities&#x201d;.&lt;/p&gt;


</ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory_z6jt2d0ABoi" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 12pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;b&gt;(w)&lt;/b&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;b&gt;&lt;span id="xdx_86D_zmMaNSk2sl56"&gt;Financial Instruments and hedge accounting&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Classification and Measurement&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The company uses financial instruments to implement its
risk management strategy and policy. Derivatives are generally used to mitigate the impact on the Company&#x2019;s performance due to changes
in foreign currencies, interest rates, equity prices and commodity prices. The Company&#x2019;s financial risk management policy prohibits
the use of derivatives not related to the Company&#x2019;s core business.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Financial assets (except for accounts receivable without
a significant financing component) or financial liabilities are initially measured at fair value, plus, for an item not measured at fair
value through profit or loss, transaction costs directly attributable to their acquisition or issue. Accounts receivable without a significant
financing component are initially measured at the transaction price.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Upon initial recognition, a financial asset is classified
either: (i) at amortized cost; (ii) at fair value through other comprehensive income - debt instruments; (iii) at fair value through other
comprehensive income - equity instruments; or (iv) at fair value through profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Financial assets are not reclassified subsequently to
initial recognition, unless the Group changes the business model for the management of financial assets, in which case all impacted financial
assets are reclassified on the first day of the post-change business model.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The classification of the Company&#x2019;s financial assets
is as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Debt instruments at fair value through other
comprehensive income, with gains or losses recycled to profit or loss upon derecognition. Financial assets in this category quoted debt
instruments held by the Company in line with its business model either to collect cash flow or for sale.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Equity instruments designated as at fair value
through other comprehensive income, with no recycling of gains or losses to the profit or loss upon derecognition. This category only
includes equity instruments which the company intends to hold for the foreseeable future, and which it has irrevocably elected to classify
thus upon their initial recognition or transition. These instruments are not subject to impairment testing.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#x25aa; Financial assets and liabilities at FVPL: comprise
derivative instruments and equity instruments which were not designated as FVOCI. This category also includes debt instruments with cash
flow characteristics which are not held within a business model with the objective either to collect contractual cash flow, or both to
collect contractual cash flow and for sale.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The measurement of the Company&#x2019;s financial assets
is as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The company designates certain derivatives as hedging
instruments to hedge the risk related to the variability of foreign exchange rates, interest rates and commodity prices. Derivative financial
instruments, that are contracted to protect against the exposure but that do not meet all of the hedge accounting requirements, will
be recognized at fair value through profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Derivative financial instruments are initially recognized
at fair value. The fair value is the value at which an asset can be realized, or a liability settled, between knowledgeable and willing
to negotiate parties of such financial instruments&#x2019; characteristics under normal market conditions. The fair value of derivative financial
instruments can be obtained from market prices or from pricing models that reflect current market rates, as well as the credit quality
of the counterparty.&lt;/p&gt;







&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Subsequent to initial recognition, derivative financial
instruments are remeasured to their fair value as at the date of the financial statements. Changes in the fair values of derivative financial
instruments are recognized in current income, except when these instruments are cash flow hedges or net investment hedges, where portions
of gains or losses on the hedge instrument defined as effective hedges are recognized in comprehensive income. The hedge designated instrument
is the effective element present in the term contract, of which only the present element value change is recognized in comprehensive income.
The term element, which can be separated and excluded from the financial instrument designation as hedge instrument is recognized in financial
result, in accordance with IFRS 9 - &lt;i&gt;Financial Instruments&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company contracts commodities derivatives which have
similar terms to the hedged items. The Company applies component hedging to its commodities. The hedged component is contractually specified
and matches with what is defined in the derivative contract, and therefore the hedge ratio is always 1:1. Hedge effectiveness is assessed
on a qualitative basis. Whenever the terms do not match, the company uses the hypothetical derivatives method to assess the hedge effectiveness.
Therefore, usually causes of ineffectiveness include changes in the timing of forecast transactions, changes in the quantity of the commodity
to be hedged, or changes in the credit risk of either party to the derivative contract.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Cash flow hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Cash flow hedges are used to protect the cash flow exposure
of a recorded asset or liability, or the foreign currency risk or commodity price variations associated with a highly probable transaction,
the effective portion of any (gain or loss) on the derivative financial instrument is recognized directly in the comprehensive income
statement (cash flow hedge reserve), and will be reclassified from the cash flow hedge reserve to the same line item within which and
the same period during which the cash flow futures were hedged. The ineffective portion of any gain or loss is recognized immediately
in the current income statement, in the financial result.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a hedging instrument or a hedging relationship is
terminated, but the hedged transaction is still expected to occur, the cumulative gains and losses (up to the date of termination) remain
within comprehensive income, being reclassified in accordance with the above practice, when the transaction being protected occurs. If
the hedged transaction is no longer probable, the accumulated gains and losses recognized in comprehensive income are reclassified immediately
to the current income statement.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Fair value hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a derivative is intended to hedge the variability
in the fair value of a recognized asset or liability, or of a firm commitment, any resulting (gain or loss) on the hedging&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;instrument is recognized in profit or loss. The carrying amount
of the hedged item is also adjusted for changes in the fair value related to the risk being hedged, with any gain or loss being recognized
in the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Net investment hedge accounting&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a non-derivative foreign currency liability hedges
a net investment in a foreign operation, exchange differences arising on the translation of the liability into the functional currency
are recognized directly in other comprehensive income (translation reserves). Any ineffectiveness is recognized immediately in profit
or loss.&lt;/p&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;When a derivative financial instrument hedges a net investment
in a foreign operation, the portion of the gain or loss on the hedging instrument that is determined to be effective is recognized directly
in other comprehensive income (translation reserves), while the ineffective portion is reported in profit or loss.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;Derivatives at fair value through profit or loss&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Certain derivative financial instruments do not qualify for
hedge accounting. Changes in the fair values of any of those derivative financial instruments are recognized immediately in profit or
loss.&lt;/p&gt;

&lt;p style="font: 12pt/107% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Impairment of financial assets &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;On an annual basis, Management performs impairment testing
for financial assets or groups of financial assets. If a trigger event occurs, a financial asset or group of financial assets will be
deemed to be impaired. An asset or group of financial assets is deemed impaired, and impairment losses are recorded, only if there is
evidence of impairment as a result of one or more events occurring after the initial recognition of the assets (a "loss event")
and that event (or events) has an impact on the estimated future cash flow from the financial asset or group of financial assets, and
can be estimated reliably.&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_z72vNy3T4VZe" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(x)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="xdx_868_z67WhR6ENAra"&gt;Impairment of non-financial assets&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The carrying amounts of non-financial assets, such as
property, plant and equipment and intangible assets with defined useful lives are reviewed, at least, at each reporting date to determine
the existence of any indication of impairment. If there is any indication, the asset&#x2019;s recoverable amount is estimated, and the
non-recoverable amount is recognized as an impairment in the income statement.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The goodwill and intangible assets with indefinite
useful life are tested for impairment on an annual basis, regardless of any indication, by comparing its accounting value with its
recoverable value.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Goodwill, intangible assets not yet available for use,
and intangibles with indefinite useful lives, are tested for impairment at the business unit level (one level below the reportable segment
level) at least annually, or whenever there is any indication of impairment.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;An impairment loss is recognized whenever the
carrying amount of an asset or the related cash-generating unit (&#x201c;CGU&#x201d;) exceeds its recoverable amount. Impairment
losses are recognized in the income statement. Intangible assets with an indefinite useful life are tested on a fair value approach
applying multiples that reflect current market transactions to indicators that drive the profitability of the asset or the royalty
stream that could be obtained from licensing the intangible asset to another party in an arm&#x2019;s length transaction.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The recoverable amounts of other assets are determined
as the higher of their fair value less costs to sell and their value in use. For an asset that does not generate substantially independent
cash inflows, the recoverable amount is allocated to the CGU to which the asset belongs. The recoverable amounts of the CGU to which the
goodwill and the intangible assets with indefinite useful lives belong are based on the fair value net of selling expenses, using EBITDA
multiples observed in the market for previous business combinations involving comparable businesses in the brewing industry. For some
CGUs, these calculations are corroborated using the fair-value less costs of disposal approach, where the free cash flow of these CGUs
is discounted to fair value using a discount rate after tax that reflects current valuation models for the time value of money, and the
risks specific to the asset.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Non-financial assets, except for goodwill, are reviewed
for the possible reversal of the impairment at the reporting date. Impairment losses are reversed only to the extent that the asset&#x2019;s
carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment
loss had been recognized.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 18pt"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_847_eifrs-full--DescriptionOfAccountingPolicyForGovernmentGrants_zSFZJw10rgt2" style="font: 11pt/110% Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify; text-indent: -18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(y)&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;
&lt;/span&gt;&lt;span style="font-size: 12pt"&gt;&lt;span id="xdx_864_zUvtQafFosm6"&gt;Tax incentives and subsidized loans&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 6pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company is entitled to state tax benefits in Brazil,
provided by government grants. Referred grants may be in the form of rate reduction, calculation basis reduction, financing or subsidized
loans, presumed credits, effective collection, payment deferral or partial reductions of state tax payable. The effective collection incentives
are recorded in the operating net revenue, due to its nature, as the others are recognized in other operating income.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;As before mentioned, among the tax incentives granted
to the Company, there are state tax incentive programs to promote industrial development either by financing or by deferring payment of
taxes. These state programs are intended to promote, in the long-term, increases in employment rates, industrial decentralization, as
well as to complement and diversify states industrial matrix.&lt;/p&gt;







&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In the case of these programs, the tax terms are set
in the respective state normative acts and state concessive acts, depending on their nature, when conditions for obtaining these grants
exist, they are under the Company's control. Such benefits comply with the systematic set by Complementary Federal Law 160/2017 and by
&lt;i&gt;Conv&#xea;nio&lt;/i&gt; CONFAZ 190/2017. The financial component of these incentives is recorded in the income statement, on an accrual
basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"/&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;The financing or
payment deferral forms of benefits, as the interest rates and terms of these loans could be advantageous compared to market conditions,
are considered as subsidized loans as intended by IAS 20. The respective subsidies consist of the gains identified by comparing the value
of these operations under the market conditions to the value agreed in the contracts. Thereby, upon receipt of funding, the subsidy calculated
is recorded in Other operating income, following the treatment for the other ICMS subsidies of similar nature. Management reviews the
market conditions prevailing in the year to assess such subsidies on an annual basis.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;Monthly, considering
of the value of the consideration, the period to maturity, the contract interest rate and the abovementioned discount rate, the reduction
in present value adjustment is allocated to financial income, to bring the balance to zero by the time of settlement of each consideration.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;Such financing
is recognized as liability adjusted to its present value. When there is an intervening financial institution in the transaction, the financing
is recorded at &#x201c;interest-bearing loans and borrowings&#x201d;, otherwise, they are recorded at &#x201c;trade payables&#x201d;, due
to the underlying economic essence and nature of the transaction.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;From the fourth
quarter of 2022, the nomenclature of the accounting policy &#x201c;government grants&#x201d; was changed to &#x201c;tax incentives and subsidized
loans&#x201d;.&lt;/span&gt;&lt;/p&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"/&gt;&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants>
    <ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_802_eifrs-full--DisclosureOfAccountingJudgementsAndEstimatesExplanatory_zft4keL3N3Rb" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;4.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_009"/&gt;&lt;span id="xdx_82F_zU56nZM8oi4i"&gt;USE OF ESTIMATES AND JUDGMENTS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The preparation of financial statements in compliance
with IFRS requires Management to make use of judgments, estimates and assumptions that affect the application of accounting practices
and the reported amounts of assets and liabilities, income and expenses. The estimates and assumptions are based on past experience and
various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for decision-making
regarding judgments regarding the carrying amounts of assets and liabilities that are not readily evident from other sources. The actual
results may differ from these estimates.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The estimates and assumptions are reviewed on
a regular basis. Changes in accounting estimates may affect the period during which they are realized, or future periods.&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Although each significant accounting policy reflects
judgments, assessments or estimates, the Company believes that the following accounting practices reflect the most critical judgments,
estimates and assumptions that are important to its business operations and the understanding of its results:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(i) predecessor basis of accounting (Note 3 (c));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(ii) business combinations (Note 3 (c) and (k);&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(iii) joint arrangements (Note 3 (c));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(iv) accounting and financial reporting in hyperinflationary
economies (Note 3 (d));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(v) current and deferred tax (Note 3 (i));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="color: windowtext"&gt;(vi) &lt;/span&gt;leases (Note
3 (j));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(vii) assets and liabilities recognition related to extemporaneous
tax credits and&#160;debits (Note 3 (m));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(viii) employee benefits (Note 3 (s));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(ix) share-based payments (Note 3 (t));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(x) provisions and contingent liabilities, including
tax contingencies (Note 3 (v));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(xi) measurement of financial instruments, including
derivatives (Note 3 (w));&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(xii) impairment (Note 3 (w) and (x)) and&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;(xiii) Tax incentives and subsidized loans (Note 3 (y)).&lt;/p&gt;

&lt;p style="font: 10pt/110% Univers 45 Light,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The fair values of acquired identifiable intangibles
with indefinite useful lives are based on an assessment of future cash flow. Impairment analyses of goodwill and intangible assets with
indefinite useful lives are performed at least annually, or whenever a triggering event occurs, to determine whether the carrying value
exceeds the recoverable amount.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company uses its judgment to choose between a variety
of methods including the net fair value of expenses approach and option valuation models and makes assumptions about the fair value of
financial instruments mainly based on the market conditions at each balance sheet date.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Actuarial assumptions regarding future events are used
for the calculation of projected pension and other long-term employee benefit expenses and liabilities. These factors include assumptions
regarding interest rates, rates of increase in healthcare costs, rates of future compensation increases, turnover rates, and life expectancy.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The company is subject to income tax&#160;in numerous
jurisdictions. Significant judgment is required to determine the Company&#x2019;s worldwide provision for income tax. There are some transactions
and calculations for which the ultimate tax determination is uncertain. Some of the subsidiaries of the Company are involved in tax audits,
usually in relation to prior years. These audits are ongoing in various jurisdictions as at the balance sheet date, and by their nature,
can take a considerable time to complete.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;To measure the amounts of extemporaneous tax credits
arising from lawsuits, the Company evaluates the documents for the period covered by the lawsuit, and applies the guidelines for the final
decision, applicable legislation or other elements that enable the amount to be estimated with sufficient reliability.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;






</ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory>
    <ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_801_eifrs-full--DisclosureOfEntitysReportableSegmentsExplanatory_zfoRaMQNW4Q7" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;5.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_010"/&gt;&lt;span id="xdx_82B_zdVj5Qvdd5Jd"&gt;SEGMENT REPORTING&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 1pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt; text-indent: -21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;(a)&lt;/span&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;&#160;&#160;
&lt;/span&gt;&lt;span style="font-size: 12pt"&gt;Reportable segments - Years ended:&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfReportableSegmentsTextBlock_pn5n6_zQ16HA3NyuHf" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SEGMENT REPORTING  - Reportable Segments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_z3BRIKchvNca" style="display: none"&gt;Schedule of segment reporting&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_497_20220101__20221231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zUtq5aUB1iyf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49A_20210101__20211231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zzkvxl33OGxg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20200101__20201231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zEw6itFV1Nd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49D_20220101__20221231__ifrs-full--SegmentsAxis__custom--CACMember_zsFPoQ2qDcTb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F57_z1h3zdxcfIId"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_499_20210101__20211231__ifrs-full--SegmentsAxis__custom--CACMember_z5uuc6snJUJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F5E_zYpFKYTQ8J5c"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_491_20200101__20201231__ifrs-full--SegmentsAxis__custom--CACMember_zfT51PZ1lqwc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F56_zrNPqoAZIpm1"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49F_20220101__20221231__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zhYgcn74NsQb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F5E_zCMtJxAOnTvk"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49B_20210101__20211231__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zc0mqi4Xbgcf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F54_z6TbsID9JmT7"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20200101__20201231__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zGAPkvAjHYPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F5F_zZ8nMWBV3ITe"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_498_20220101__20221231__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zEnxHLylsmah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49E_20210101__20211231__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zVOd2o2RwlMj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20200101__20201231__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zhrqLr4Ze3Kj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49C_20220101__20221231_zRTF3BQpC6Ng" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49C_20210101__20211231_zY8YYgLaUsr8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_494_20200101__20201231_zXP7EPefXfe5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Brazil&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;CAC&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;Latin America - south&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup&gt;&#160;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Canada&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--RevenueFromContractsWithCustomers_zuCsjEa6QT9g" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Net sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;42,635.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;35,586.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;30,196.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9,440.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9,947.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;7,319.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;17,371.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;16,571.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;11,560.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;10,261.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;10,748.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9,302.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;79,708.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;72,854.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;58,379.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--CostOfSales_iN_di_zqCGPqxXt296" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Cost of sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(22,736.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(18,309.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(14,112.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,860.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,727.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,307.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(8,553.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(8,235.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,937.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,271.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,387.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,708.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(40,422.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(35,659.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(27,066.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--GrossProfit_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;19,899.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;17,277.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;16,083.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;4,579.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,219.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;4,011.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,818.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,336.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,623.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,990.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;6,361.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,594.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;39,286.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;37,194.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;31,312.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--DistributionCosts_iN_di_zgj5iy0NsVt6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Distribution expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(6,111.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,123.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,241.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,020.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(872.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(751.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,159.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,010.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,492.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,104.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,926.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,758.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(11,395.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(9,932.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(8,245.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zAN3EOWFJw74" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Sales and marketing expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,065.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,440.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,444.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(645.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(693.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(542.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,426.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,542.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,165.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,200.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,359.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,222.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(7,337.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(7,035.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(6,374.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zjLGE3asLknd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Administrative expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,346.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,006.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,629.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(333.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(427.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(305.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(835.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(832.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(574.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(722.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(611.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(439.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,236.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,877.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,948.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--OtherOperatingIncomeExpense_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Other operating income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,361.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,096.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,887.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(52.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;12.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(23.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;192.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;38.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(159.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;12.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(23.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(24.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,513.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,124.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,679.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--ExceptionalItems_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Exceptional items&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(34.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(210.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(173.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(16.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(46.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(70.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(60.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(115.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(145.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(32.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(20.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(62.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(143.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(392.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(452.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Income from operations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,703.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;7,593.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;9,481.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,510.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,191.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,318.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;4,528.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,874.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,084.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,944.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,420.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,087.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;17,687.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;17,080.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;15,972.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--FinanceIncomeCost_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(50.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(80.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,933.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,177.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,731.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(329.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(89.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(49.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,423.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,205.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,434.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_z8NJpjerTjol" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Share of results of joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(38.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(79.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(24.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(31.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(29.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(115.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(43.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--ProfitLossBeforeTax_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Income before income tax&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;7,555.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;6,723.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,810.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,460.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,031.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,323.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,595.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,696.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;353.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,624.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,307.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,007.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;14,235.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,759.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,494.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_zO0Sq4weWZV1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(771.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,301.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(713.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(672.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(509.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(118.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(688.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(778.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(727.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;655.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(636.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,762.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--ProfitLoss_zzsiitYlBn7l" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,689.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,730.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,610.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,922.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,187.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;234.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;936.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,528.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,279.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;14,891.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,122.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;11,731.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--NormalizedEBITDA_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F45_z7Spa56t1Jbg"&gt;(iii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;12,028.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;10,564.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;12,388.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,315.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,789.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,995.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,725.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,071.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,182.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,545.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,936.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,529.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;23,615.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;22,361.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;21,096.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zDo6DSkXVYgd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Depreciation, amortization and impairment&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,363.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,982.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,914.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(805.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(677.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(681.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,196.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,197.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,098.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(591.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(540.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(473.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,956.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,396.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,167.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--FinanceIncomeCost_zVQ65hHIfyw8" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(50.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(80.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,933.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,177.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,731.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(329.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(89.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(49.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,423.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,205.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,434.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_z43NPwEU9k9c" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(771.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,301.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(713.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(672.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(509.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(118.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(688.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(778.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(727.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;655.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(636.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,762.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--ProfitLoss_zXxNhDP5DRCl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,689.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,730.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,610.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,922.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,187.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;234.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;936.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,528.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,279.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;14,891.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,122.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;11,731.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--NormalizedEBITDAMarginInPercentage_pid_dp_znJIJo0zGoPl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; width: 25%"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA margin as a %&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F43_zxlrhru1XgAe"&gt;&#160;(iii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;28.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;29.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;41.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;35.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;38.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;40.9&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;33.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;30.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;27.5&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;24.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;27.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;27.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;29.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;30.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;36.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Acquisition of property, plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,062.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,645.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;3,114.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;968.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;801.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;492.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,112.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,665.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;621.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;389.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;565.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;463.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,533.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;7,677.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,692.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Arial,sans-serif; margin: 0 0 10pt"&gt;&#160;&lt;/p&gt;










&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 24%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Segment assets&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvCpI7CNo5m5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;57,353.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zJGWkLielMj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;54,609.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zxhNarq8gOc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;48,970.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zRZgCugO9Z83" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;15,385.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_z0IiG6sJndo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;15,351.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zFMM2FO9Igj6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;13,521.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zX9QMOKaaLh3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;22,044.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z1cqMxfnBka3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;21,583.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zuurQsbFoQn3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;17,211.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zbf0cH8DTYc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;16,093.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zJl2S5p7KEIi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;18,016.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zauV6zqlOT8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;16,487.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zaKs33m8hBo" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;110,877.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zfhhh3mOBfA7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;109,560.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z7l94oGH8AYf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;96,190.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Intersegment elimination&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zzt4mrytLlV3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,533.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zSWwOHqJ4azg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,868.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zS1UFGmqpNC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,187.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Non-segmented assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zTUAHUqFjfl1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;29,613.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zrYjN98eUT83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;31,910.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zJImvh95bqSj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;31,193.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Total assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20221231_z2mBf5ixvUYj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;137,958.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Assets_iI_c20211231_zJl95oSxPNsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;138,602.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20201231_zXv7gHXkNyJ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;125,196.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Segment liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z8A1xuEcMjek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;29,153.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zBywwBvAgnTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;27,611.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zEEnSD9xxzVf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;25,032.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zUk0sdi7ktp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,098.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zLPXLeFaMM64" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,414.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zfPp7V85nlKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,114.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z5hv325OHy7i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,843.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zQjF7ZQiWEJ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;7,843.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zb4EooY8cn6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,156.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zazFaWxcFC76" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,053.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zyfoLgHiZiXe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,156.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zj1U2eoFtDSg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,256.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zT8XxkiaVjEh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;46,148.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z3BNUjf6fsEd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;47,025.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zAkC3y9UzA14" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;40,559.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Intersegment elimination&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zmZIVRe38B9f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,534.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zgKHbeZ2lcJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,869.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_z1KP6jIHQvX7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,187.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Non-segmented liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zmZ3PEN7BMH9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;94,343.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zPHGk2R36a08" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;94,445.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zYViYbDp2Ap" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;86,823.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Total liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--EquityAndLiabilities_iI_c20221231_zlqU4Ac4DlNh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;137,958.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231_zgPqLr1frCP1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;138,602.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20201231_zNAzVeVkrGSg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;125,196.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F09_zPTlKRC8vQFj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1F_z4fqCSP7IKyc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;CAC: includes the Dominican Republic, Panama, Guatemala, Cuba, Barbados, Saint Vincent, Dominica, Nicaragua, Honduras and Antigua.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F0A_zry4MRLkcDlc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F18_zMexP8XRZybf" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F00_zMgdW48B3Iwi" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(iii)&lt;/td&gt;
  &lt;td id="xdx_F14_zllRyZ1vdZLk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;






&lt;p style="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt 21.3pt; text-indent: -21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;(b)&lt;/span&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;&#160;&#160;
&lt;/span&gt; &lt;span style="font-size: 12pt"&gt;Additional information - by Business unit - Years ended:&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49D_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z7JlyZZao5aj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49D_20210101__20211231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zolfisd0XFTc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49C_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zdXXLzBtwcGg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zZySqWPvbNn4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_491_20210101__20211231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z1VP6yZla5ti" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49A_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvtZQ88JsJTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_495_20220101__20221231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zB7RJBm1txZd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_498_20210101__20211231__ifrs-full--SegmentsAxis__custom--Brazil1Member_z0yGpOGEeAl6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49A_20200101__20201231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zOFIyqsrJhRk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="18" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Brazil&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Beer&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;NAB&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--RevenueFromContractsWithCustomers_zRLIZbhrxHL4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Net sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;35,857.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;30,537.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;25,953.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;6,777.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;5,049.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;4,243.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;42,635.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;35,586.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;30,196.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--CostOfSales_iN_di_zBDtyRuL1fjl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Cost of sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(18,765.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(15,382.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(11,941.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,971.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,927.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,171.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(22,736.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(18,309.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(14,112.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--GrossProfit_zZlHMhEhVl5i" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;17,092.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;15,155.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;14,011.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;2,806.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;2,122.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;2,072.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;19,899.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;17,277.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;16,083.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--DistributionCosts_iN_di_z93yHmeoJqE4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Distribution expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,988.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,263.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,529.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,122.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(860.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(712.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(6,111.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(5,123.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,241.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zK7usrwp5kwj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Sales and marketing expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,596.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,096.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,008.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(468.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(344.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(435.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,065.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,440.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,444.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zXmxOyLvwgye" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Administrative expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,928.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,616.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,395.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(417.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(390.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(234.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,346.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,006.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,629.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--OtherOperatingIncomeExpense_zLQFyqEYzVR7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Other operating income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,884.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,711.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,380.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;476.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;384.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;506.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,361.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,096.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,887.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_ecustom--ExceptionalItems_d0_zIWOmU290IDb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Exceptional items&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(30.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(202.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(173.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(8.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(34.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(210.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(173.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_ze4YvDsGceTb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Income from operations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,432.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;6,689.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,284.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,703.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,593.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,481.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--FinanceIncomeCost_d0_zR1SPKCeJXr3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_zyMl4vvvOkye" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Share of results of joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(38.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(38.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--ProfitLossBeforeTax_z6822RmBCqWd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Income before income tax&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;6,283.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;5,819.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,613.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,555.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;6,723.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,810.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zokWKjg6pVe3" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--ProfitLoss_zoWiqMNOcWm4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,071.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,772.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,410.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--NormalizedEBITDA_zA5AOXzcxSXa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F44_z1utrpijUtJi"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,332.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,302.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,830.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,695.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,261.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,557.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;12,028.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,564.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;12,388.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zLEcrPtbzll9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Depreciation, amortization and impairment&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,938.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,625.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,553.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(424.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(357.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(361.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,363.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,982.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,914.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--FinanceIncomeCost_d0_zHu3AeY754De" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zerkIXwYlS66" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--ProfitLoss_z2saYBQDfUc3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,071.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,772.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,410.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="19" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_ecustom--NormalizedEBITDAMarginInPercentage_pid_dp_zETB0z7enEjb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; width: 28%"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA margin as a %&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F43_zmO0Y4ebxRqc"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;28.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;30.5&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;41.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;25.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;25.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;36.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;28.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;29.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;41.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F02_zGiZIrzNX9b6" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F15_znmKnrF40igc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8A4_zIKxgHYvG0D5" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory>
    <abev:DisclosureOfReportableSegmentsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfReportableSegmentsTextBlock_pn5n6_zQ16HA3NyuHf" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SEGMENT REPORTING  - Reportable Segments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_z3BRIKchvNca" style="display: none"&gt;Schedule of segment reporting&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_497_20220101__20221231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zUtq5aUB1iyf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49A_20210101__20211231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zzkvxl33OGxg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20200101__20201231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zEw6itFV1Nd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49D_20220101__20221231__ifrs-full--SegmentsAxis__custom--CACMember_zsFPoQ2qDcTb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F57_z1h3zdxcfIId"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_499_20210101__20211231__ifrs-full--SegmentsAxis__custom--CACMember_z5uuc6snJUJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F5E_zYpFKYTQ8J5c"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_491_20200101__20201231__ifrs-full--SegmentsAxis__custom--CACMember_zfT51PZ1lqwc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F56_zrNPqoAZIpm1"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49F_20220101__20221231__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zhYgcn74NsQb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F5E_zCMtJxAOnTvk"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49B_20210101__20211231__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zc0mqi4Xbgcf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F54_z6TbsID9JmT7"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20200101__20201231__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zGAPkvAjHYPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup id="xdx_F5F_zZ8nMWBV3ITe"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_498_20220101__20221231__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zEnxHLylsmah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49E_20210101__20211231__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zVOd2o2RwlMj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20200101__20201231__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zhrqLr4Ze3Kj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49C_20220101__20221231_zRTF3BQpC6Ng" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49C_20210101__20211231_zY8YYgLaUsr8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_494_20200101__20201231_zXP7EPefXfe5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Brazil&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;CAC&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;Latin America - south&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup&gt;&#160;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Canada&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--RevenueFromContractsWithCustomers_zuCsjEa6QT9g" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Net sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;42,635.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;35,586.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;30,196.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9,440.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9,947.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;7,319.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;17,371.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;16,571.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;11,560.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;10,261.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;10,748.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9,302.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;79,708.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;72,854.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;58,379.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--CostOfSales_iN_di_zqCGPqxXt296" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Cost of sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(22,736.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(18,309.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(14,112.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,860.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,727.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,307.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(8,553.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(8,235.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,937.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,271.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,387.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,708.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(40,422.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(35,659.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(27,066.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--GrossProfit_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;19,899.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;17,277.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;16,083.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;4,579.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,219.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;4,011.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,818.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,336.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,623.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,990.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;6,361.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,594.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;39,286.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;37,194.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;31,312.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--DistributionCosts_iN_di_zgj5iy0NsVt6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Distribution expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(6,111.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,123.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,241.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,020.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(872.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(751.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,159.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,010.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,492.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,104.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,926.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,758.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(11,395.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(9,932.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(8,245.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zAN3EOWFJw74" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Sales and marketing expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,065.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,440.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,444.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(645.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(693.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(542.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,426.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,542.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,165.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,200.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,359.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,222.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(7,337.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(7,035.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(6,374.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zjLGE3asLknd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Administrative expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,346.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,006.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,629.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(333.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(427.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(305.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(835.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(832.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(574.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(722.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(611.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(439.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,236.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4,877.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,948.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--OtherOperatingIncomeExpense_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Other operating income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,361.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,096.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,887.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(52.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;12.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(23.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;192.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;38.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(159.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;12.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(23.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(24.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,513.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,124.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,679.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--ExceptionalItems_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Exceptional items&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(34.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(210.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(173.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(16.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(46.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(70.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(60.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(115.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(145.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(32.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(20.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(62.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(143.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(392.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(452.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Income from operations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,703.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;7,593.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;9,481.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,510.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,191.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,318.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;4,528.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,874.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,084.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,944.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,420.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,087.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;17,687.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;17,080.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;15,972.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--FinanceIncomeCost_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(50.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(80.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,933.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,177.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,731.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(329.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(89.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(49.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,423.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,205.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,434.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_z8NJpjerTjol" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Share of results of joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(38.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(79.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(4.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(24.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(31.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(29.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(115.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(43.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--ProfitLossBeforeTax_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Income before income tax&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;7,555.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;6,723.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,810.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,460.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,031.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,323.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,595.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,696.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;353.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,624.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,307.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,007.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;14,235.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,759.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,494.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_zO0Sq4weWZV1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(771.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,301.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(713.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(672.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(509.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(118.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(688.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(778.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(727.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;655.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(636.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,762.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--ProfitLoss_zzsiitYlBn7l" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,689.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,730.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,610.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,922.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,187.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;234.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;936.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,528.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,279.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;14,891.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,122.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;11,731.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--NormalizedEBITDA_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F45_z7Spa56t1Jbg"&gt;(iii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;12,028.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;10,564.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;12,388.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,315.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,789.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,995.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,725.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;5,071.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;3,182.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,545.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,936.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;2,529.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;23,615.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;22,361.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;21,096.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zDo6DSkXVYgd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Depreciation, amortization and impairment&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,363.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,982.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,914.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(805.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(677.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(681.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,196.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,197.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,098.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(591.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(540.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(473.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,956.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,396.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(5,167.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--FinanceIncomeCost_zVQ65hHIfyw8" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(50.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(80.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;9.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,933.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,177.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,731.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(329.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(89.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(49.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,423.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(3,205.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,434.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_z43NPwEU9k9c" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(771.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,301.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(713.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(672.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(509.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(118.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(688.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(778.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(727.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;655.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(636.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(1,762.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--ProfitLoss_zXxNhDP5DRCl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,689.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,730.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,610.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,922.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,187.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;234.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;936.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,528.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;1,279.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;14,891.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;13,122.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;11,731.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--NormalizedEBITDAMarginInPercentage_pid_dp_znJIJo0zGoPl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; width: 25%"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA margin as a %&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F43_zxlrhru1XgAe"&gt;&#160;(iii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;28.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;29.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;41.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;35.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;38.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;40.9&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;33.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;30.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;27.5&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;24.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;27.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;27.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;29.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;30.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 4%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;36.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: middle; white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Acquisition of property, plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,062.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,645.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;3,114.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;968.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;801.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;492.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,112.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;1,665.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;621.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;389.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;565.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;463.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,533.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;7,677.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,692.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Arial,sans-serif; margin: 0 0 10pt"&gt;&#160;&lt;/p&gt;










&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 24%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 5%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Segment assets&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvCpI7CNo5m5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;57,353.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zJGWkLielMj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;54,609.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zxhNarq8gOc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;48,970.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zRZgCugO9Z83" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;15,385.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_z0IiG6sJndo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;15,351.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zFMM2FO9Igj6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;13,521.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zX9QMOKaaLh3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;22,044.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z1cqMxfnBka3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;21,583.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zuurQsbFoQn3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;17,211.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zbf0cH8DTYc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;16,093.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zJl2S5p7KEIi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;18,016.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zauV6zqlOT8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;16,487.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zaKs33m8hBo" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;110,877.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zfhhh3mOBfA7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;109,560.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z7l94oGH8AYf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;96,190.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Intersegment elimination&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zzt4mrytLlV3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,533.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zSWwOHqJ4azg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,868.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zS1UFGmqpNC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,187.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Non-segmented assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Assets_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zTUAHUqFjfl1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;29,613.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Assets_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zrYjN98eUT83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;31,910.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Assets_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zJImvh95bqSj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;31,193.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Total assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20221231_z2mBf5ixvUYj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;137,958.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Assets_iI_c20211231_zJl95oSxPNsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;138,602.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Assets_iI_c20201231_zXv7gHXkNyJ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;125,196.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="16" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Segment liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z8A1xuEcMjek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;29,153.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zBywwBvAgnTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;27,611.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zEEnSD9xxzVf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;25,032.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zUk0sdi7ktp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,098.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zLPXLeFaMM64" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,414.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CACMember_zfPp7V85nlKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;4,114.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_z5hv325OHy7i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,843.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zQjF7ZQiWEJ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;7,843.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--SouthLatinAmericaSegmentMember_zb4EooY8cn6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,156.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zazFaWxcFC76" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;5,053.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zyfoLgHiZiXe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,156.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember__ifrs-full--SegmentsAxis__custom--CanadaSegmentMember_zj1U2eoFtDSg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;6,256.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zT8XxkiaVjEh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;46,148.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_z3BNUjf6fsEd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;47,025.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--OperatingSegmentsMember_zAkC3y9UzA14" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;40,559.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Intersegment elimination&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zmZIVRe38B9f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,534.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_zgKHbeZ2lcJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,869.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--EliminationOfIntersegmentAmountsMember_z1KP6jIHQvX7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;(2,187.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;Non-segmented liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--EquityAndLiabilities_iI_c20221231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zmZ3PEN7BMH9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;94,343.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20211231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zPHGk2R36a08" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;94,445.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--EquityAndLiabilities_iI_c20201231__ifrs-full--SegmentConsolidationItemsAxis__ifrs-full--UnallocatedAmountsMember_zYViYbDp2Ap" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&#160;86,823.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;Total liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--EquityAndLiabilities_iI_c20221231_zlqU4Ac4DlNh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;137,958.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--EquityAndLiabilities_iI_c20211231_zgPqLr1frCP1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;138,602.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--EquityAndLiabilities_iI_c20201231_zNAzVeVkrGSg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 6.5pt"&gt;&lt;b&gt;&#160;125,196.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F09_zPTlKRC8vQFj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1F_z4fqCSP7IKyc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;CAC: includes the Dominican Republic, Panama, Guatemala, Cuba, Barbados, Saint Vincent, Dominica, Nicaragua, Honduras and Antigua.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F0A_zry4MRLkcDlc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F18_zMexP8XRZybf" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Latin America - South: includes operations in Argentina, Bolivia, Chile, Paraguay and Uruguay.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F00_zMgdW48B3Iwi" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(iii)&lt;/td&gt;
  &lt;td id="xdx_F14_zllRyZ1vdZLk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;






&lt;p style="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt 21.3pt; text-indent: -21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;(b)&lt;/span&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;&#160;&#160;
&lt;/span&gt; &lt;span style="font-size: 12pt"&gt;Additional information - by Business unit - Years ended:&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49D_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z7JlyZZao5aj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49D_20210101__20211231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zolfisd0XFTc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49C_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--BeerMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zdXXLzBtwcGg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_496_20220101__20221231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zZySqWPvbNn4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_491_20210101__20211231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_z1VP6yZla5ti" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49A_20200101__20201231__ifrs-full--ProductsAndServicesAxis__custom--NABMember__ifrs-full--SegmentsAxis__custom--Brazil1Member_zvtZQ88JsJTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_495_20220101__20221231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zB7RJBm1txZd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_498_20210101__20211231__ifrs-full--SegmentsAxis__custom--Brazil1Member_z0yGpOGEeAl6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" id="xdx_49A_20200101__20201231__ifrs-full--SegmentsAxis__custom--Brazil1Member_zOFIyqsrJhRk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="18" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Brazil&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Beer&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;NAB&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--RevenueFromContractsWithCustomers_zRLIZbhrxHL4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Net sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;35,857.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;30,537.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;25,953.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;6,777.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;5,049.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;4,243.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;42,635.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;35,586.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;30,196.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--CostOfSales_iN_di_zBDtyRuL1fjl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Cost of sales&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(18,765.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(15,382.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(11,941.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,971.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,927.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,171.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(22,736.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(18,309.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(14,112.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--GrossProfit_zZlHMhEhVl5i" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;17,092.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;15,155.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;14,011.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;2,806.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;2,122.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;2,072.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;19,899.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;17,277.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;16,083.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--DistributionCosts_iN_di_z93yHmeoJqE4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Distribution expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,988.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,263.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,529.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,122.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(860.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(712.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(6,111.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(5,123.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,241.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--SalesAndMarketingExpense_iN_di_zK7usrwp5kwj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Sales and marketing expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,596.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,096.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,008.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(468.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(344.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(435.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(4,065.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,440.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,444.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--GeneralAndAdministrativeExpense_iN_di_zXmxOyLvwgye" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Administrative expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,928.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,616.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,395.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(417.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(390.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(234.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,346.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,006.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,629.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--OtherOperatingIncomeExpense_zLQFyqEYzVR7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Other operating income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,884.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,711.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,380.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;476.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;384.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;506.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,361.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,096.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,887.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_ecustom--ExceptionalItems_d0_zIWOmU290IDb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Exceptional items&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(30.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(202.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(173.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(8.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(34.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(210.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(173.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--ProfitLossFromOperatingActivities_ze4YvDsGceTb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Income from operations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,432.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;6,689.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,284.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,703.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,593.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,481.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--FinanceIncomeCost_d0_zR1SPKCeJXr3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_d0_zyMl4vvvOkye" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Share of results of joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(38.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(38.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--ProfitLossBeforeTax_z6822RmBCqWd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Income before income tax&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;6,283.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;5,819.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,613.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,555.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;6,723.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,810.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zokWKjg6pVe3" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--ProfitLoss_zoWiqMNOcWm4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,071.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,772.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,410.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--NormalizedEBITDA_zA5AOXzcxSXa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F44_z1utrpijUtJi"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,332.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,302.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,830.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,695.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,261.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,557.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;12,028.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,564.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;12,388.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_di_zLEcrPtbzll9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Depreciation, amortization and impairment&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,938.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,625.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,553.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(424.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(357.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(361.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(3,363.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,982.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(2,914.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--FinanceIncomeCost_d0_zHu3AeY754De" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Net finance costs&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(1,110.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(858.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(663.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di0_zerkIXwYlS66" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;Income tax expense&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;2,787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;1,953.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&#160;(203.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--ProfitLoss_z2saYBQDfUc3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;Net income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;9,071.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,772.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;7,410.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,271.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;904.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;1,196.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;10,342.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,677.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;&#160;8,607.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="19" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_ecustom--NormalizedEBITDAMarginInPercentage_pid_dp_zETB0z7enEjb" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; width: 28%"&gt;&lt;span style="font: normal 6.5pt Times New Roman,serif"&gt;&lt;b&gt;EBITDA margin as a %&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;sup id="xdx_F43_zmO0Y4ebxRqc"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;28.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;30.5&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;41.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;25.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;25.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;36.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;28.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;29.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right; width: 7%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;41.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; font-family: Arial,sans-serif; text-align: left; width: 1%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7pt"&gt;&lt;b&gt;%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F02_zGiZIrzNX9b6" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F15_znmKnrF40igc" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;From 2021 onwards, the Adjusted EBITDA metric was changed to EBITDA, for presentation purposes, including for comparative purposes.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


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    <ifrs-full:DisclosureOfRevenueExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80B_eifrs-full--DisclosureOfRevenueExplanatory_zdPwuun9hl49" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;6.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_011"/&gt;&lt;span id="xdx_820_zJSKC1Kvk0b"&gt;NET SALES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In compliance with the Federal Law 6,404/76, Company discloses
the reconciliation between gross sales and net sales presented in the consolidated income statement. The values by each operational segment
are disclosed in note 5 &#x2013; &lt;i&gt;Segment reporting&lt;/i&gt;:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock_pn5n6_zpwKHIGfRnol" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - NET SALES - Reconciliation Between Gross Sales and Net Sales (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B0_zjvMbS1XWRFe" style="display: none"&gt;Schedule of net sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49D_20220101__20221231_z2ka3T23WUyl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_490_20210101__20211231_zCbpcNDVlXK9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20200101__20201231_zdRMiTD5Ujja" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 39%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--RevenueFromSaleOfGoods_maRzPZ3_z1y45eMB3dW6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gross sales and/or services&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;125,907.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;110,162.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;85,221.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_iN_di_msRzPZ3_zLb6MOYxn2Y" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Excise duty&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(24,851.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(22,052.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(18,259.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_ecustom--SalesDiscounts_iN_di_msRzPZ3_zM4udCXjVxAd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Discounts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(21,347.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(15,255.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8,582.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--Revenue_iT_mtRzPZ3_zcfLl3PRSNIi" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;79,708.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;72,854.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;58,379.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;At gross sales and/or services line, the Company recognizes
the best estimate received or to be received regarding the products and services offered for its clients, according to note 3 (f) &#x2013;
&lt;i&gt;Summary of significant accounting policies &#x2013; Revenue recognition&lt;/i&gt;. Gross sales are disclosed before taxes and discounts.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The gross sales obtained by the Company, in general,
are subject to the incidence of certain taxes and contributions, which are calculated and paid to fiscal authorities in accordance with
current federal, municipal and state legislation, and do not result in equity increase for the Group. These taxes and contributions are
deducted from gross&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;sales
and relate substantially to tax on transactions concerning the circulation of goods (&#x201c;ICMS&#x201d;), social integration program
(&#x201c;PIS&#x201d;), contribution to social security financing (&#x201c;COFINS&#x201d;), tax on manufactured products (&#x201c;IPI&#x201d;)
and tax on services of any nature (&#x201c;ISSQN&#x201d;) in Brazil. At December 31, 2022 the Company calculated R$&lt;span id="xdx_907_ecustom--DeductionOfRevenue_pn5n6_c20220101__20221231_zEIAhfevCGUf"&gt;1,245.8&lt;/span&gt; million of fiscal
incentives (R$&lt;span id="xdx_90B_ecustom--DeductionOfRevenue_pn5n6_c20210101__20211231_zk0IjYTEJZ4l"&gt;1,048.3&lt;/span&gt;&lt;/span&gt; &lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;million
at December 31, 2021 and R$&lt;span id="xdx_906_ecustom--DeductionOfRevenue_pn5n6_c20200101__20201231_zpnvCX3p95X7"&gt;1,036.7&lt;/span&gt;&lt;/span&gt;
&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;million at December 31, 2020), which are registered
in the net revenue, in accordance with note 3 (y) &#x2013; &lt;i&gt;Summary of significant accounting policies &#x2013; Tax incentives and subsidized
loans&lt;/i&gt;.&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"/&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;The discounts and rebates are also deducted from
the Company&#x2019;s gross sales, in the terms disclosed in note 3 (f) &#x2013; &lt;i&gt;Summary of significant accounting policies &#x2013; Revenue
recognition&lt;/i&gt;.&lt;/p&gt;


</ifrs-full:DisclosureOfRevenueExplanatory>
    <abev:DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock_pn5n6_zpwKHIGfRnol" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - NET SALES - Reconciliation Between Gross Sales and Net Sales (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B0_zjvMbS1XWRFe" style="display: none"&gt;Schedule of net sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49D_20220101__20221231_z2ka3T23WUyl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_490_20210101__20211231_zCbpcNDVlXK9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20200101__20201231_zdRMiTD5Ujja" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 39%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--RevenueFromSaleOfGoods_maRzPZ3_z1y45eMB3dW6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gross sales and/or services&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;125,907.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;110,162.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;85,221.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--TaxExpenseOtherThanIncomeTaxExpense_iN_di_msRzPZ3_zLb6MOYxn2Y" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Excise duty&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(24,851.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(22,052.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(18,259.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_ecustom--SalesDiscounts_iN_di_msRzPZ3_zM4udCXjVxAd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Discounts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(21,347.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(15,255.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8,582.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--Revenue_iT_mtRzPZ3_zcfLl3PRSNIi" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;79,708.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;72,854.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;58,379.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;</abev:DisclosureOfTheReconciliationBetweenGrossSalesAndNetSalesTextBlock>
    <ifrs-full:RevenueFromSaleOfGoods
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">125907200000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">110162700000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">85221200000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">24851400000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">22052600000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <ifrs-full:TaxExpenseOtherThanIncomeTaxExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">18259700000</ifrs-full:TaxExpenseOtherThanIncomeTaxExpense>
    <abev:SalesDiscounts
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">21347000000.0</abev:SalesDiscounts>
    <abev:SalesDiscounts
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">15255800000</abev:SalesDiscounts>
    <abev:SalesDiscounts
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">8582500000</abev:SalesDiscounts>
    <ifrs-full:Revenue
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">79708800000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">72854300000</ifrs-full:Revenue>
    <ifrs-full:Revenue
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">58379000000.0</ifrs-full:Revenue>
    <abev:DeductionOfRevenue
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1245800000</abev:DeductionOfRevenue>
    <abev:DeductionOfRevenue
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1048300000</abev:DeductionOfRevenue>
    <abev:DeductionOfRevenue
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1036700000</abev:DeductionOfRevenue>
    <ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_809_eifrs-full--DisclosureOfOtherOperatingIncomeExpenseExplanatory_zh1aTt85L8X7" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;7.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_012"/&gt;&lt;span id="xdx_82B_zEl6xqpURux3"&gt;OTHER OPERATING INCOME/(EXPENSES)&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock_pn5n6_zMhRTfrq6V72" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - OTHER OPERATING INCOME/(EXPENSES) (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B8_zkoisKvhtQmk" style="display: none"&gt;Schedule of other operating income&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_zB533POaJIR9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20210101__20211231_zRbJl3LG3PB" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49C_20200101__20201231_zszjjEPC4uof" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 58%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--RevenueFromGovernmentGrants_maOOIEz3DT_zhupvL6wEEZ1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Government grants/net present value of long-term fiscal incentives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,289.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;853.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;735.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--ExtemporaneousCreditsDebits_maOOIEz3DT_zMz12WXYU0Si" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Extemporaneous credits/(debits)&#160;&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup id="xdx_F48_zwUKa71i4DFf"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,013.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,219.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,121.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--AdjustmentsForProvisions_iN_di_msOOIEz3DT_z7X2yz8lLnu9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(Additions)/reversals of provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(77.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(71.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(70.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--GainsLossesOnDisposalsOfPropertyPlantAndEquipment_maOOIEz3DT_zvEIZdGqaBmh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;88.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;66.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;27.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_ecustom--OtherPortionsOfOtherOperatingIncomeExpense_maOOIEz3DT_zdAvrzmwqHZe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other operating income/(expenses), net&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;199.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;57.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(134.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--OtherOperatingIncomeExpense_iT_mtOOIEz3DT_zj3shl3jJyC1" style="background-color: White"&gt;
    &lt;td style="color: White; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,513.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,124.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,679.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F06_zqVcttF8I1a8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F10_zD7obp1ZxJRg" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;As detailed in Note 30 &#x2013; &lt;i&gt;Contingencies&lt;/i&gt;, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS
from its calculation basis, in the item Other operating income/(expenses).&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AE_znDv8N5lGXs4" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;According to the account policy disclosed in note 3
(y), the Company recognizes, in other operating income/(expenses) line, tax incentives granted as rate reduction, calculation basis reduction,
financing or subsidized loans, presumed credit, deferred payment or partial reductions of due state tax payable.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Government grants are not recognized until there is reasonable
assurance that the Company will meet the respective conditions and obligations related to governmental terms.&lt;/p&gt;







</ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory>
    <abev:DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfOtherOperatingIncomeExpensePortionsTextBlock_pn5n6_zMhRTfrq6V72" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - OTHER OPERATING INCOME/(EXPENSES) (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B8_zkoisKvhtQmk" style="display: none"&gt;Schedule of other operating income&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_zB533POaJIR9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20210101__20211231_zRbJl3LG3PB" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49C_20200101__20201231_zszjjEPC4uof" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 58%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--RevenueFromGovernmentGrants_maOOIEz3DT_zhupvL6wEEZ1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Government grants/net present value of long-term fiscal incentives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,289.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;853.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;735.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--ExtemporaneousCreditsDebits_maOOIEz3DT_zMz12WXYU0Si" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Extemporaneous credits/(debits)&#160;&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup id="xdx_F48_zwUKa71i4DFf"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,013.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,219.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,121.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--AdjustmentsForProvisions_iN_di_msOOIEz3DT_z7X2yz8lLnu9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(Additions)/reversals of provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(77.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(71.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(70.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--GainsLossesOnDisposalsOfPropertyPlantAndEquipment_maOOIEz3DT_zvEIZdGqaBmh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains/(losses) on disposals of property, plant and equipment, intangible assets and the operations of associates&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;88.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;66.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;27.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_ecustom--OtherPortionsOfOtherOperatingIncomeExpense_maOOIEz3DT_zdAvrzmwqHZe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other operating income/(expenses), net&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;199.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;57.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(134.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--OtherOperatingIncomeExpense_iT_mtOOIEz3DT_zj3shl3jJyC1" style="background-color: White"&gt;
    &lt;td style="color: White; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,513.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,124.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,679.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F06_zqVcttF8I1a8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F10_zD7obp1ZxJRg" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;As detailed in Note 30 &#x2013; &lt;i&gt;Contingencies&lt;/i&gt;, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS
from its calculation basis, in the item Other operating income/(expenses).&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


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      unitRef="BRL">853200000</ifrs-full:RevenueFromGovernmentGrants>
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      contextRef="From2020-01-012020-12-31"
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      unitRef="BRL">735900000</ifrs-full:RevenueFromGovernmentGrants>
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      id="Fact001961"
      unitRef="BRL">1013900000</abev:ExtemporaneousCreditsDebits>
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      id="Fact001962"
      unitRef="BRL">1219000000.0</abev:ExtemporaneousCreditsDebits>
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      contextRef="From2020-01-012020-12-31"
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      id="Fact001963"
      unitRef="BRL">2121300000</abev:ExtemporaneousCreditsDebits>
    <ifrs-full:AdjustmentsForProvisions
      contextRef="From2022-01-01to2022-12-31"
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      unitRef="BRL">77200000</ifrs-full:AdjustmentsForProvisions>
    <ifrs-full:AdjustmentsForProvisions
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">71400000</ifrs-full:AdjustmentsForProvisions>
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      contextRef="From2020-01-012020-12-31"
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      unitRef="BRL">70100000</ifrs-full:AdjustmentsForProvisions>
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      unitRef="BRL">88800000</ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment>
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      unitRef="BRL">66100000</ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment>
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      unitRef="BRL">27200000</ifrs-full:GainsLossesOnDisposalsOfPropertyPlantAndEquipment>
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      contextRef="From2022-01-01to2022-12-31"
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      unitRef="BRL">199100000</abev:OtherPortionsOfOtherOperatingIncomeExpense>
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      unitRef="BRL">57200000</abev:OtherPortionsOfOtherOperatingIncomeExpense>
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      unitRef="BRL">-134900000</abev:OtherPortionsOfOtherOperatingIncomeExpense>
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      contextRef="From2020-01-012020-12-31"
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      unitRef="BRL">2679400000</ifrs-full:OtherOperatingIncomeExpense>
    <abev:DisclosureOfExceptionalItemsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_805_ecustom--DisclosureOfExceptionalItemsTextBlock_zWCu5kTHBWjh" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;8.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_013"/&gt;&lt;span id="xdx_82A_zeVuk7AXTpT8"&gt;EXCEPTIONAL ITEMS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock_pn5n6_z5QDwyK4SDk9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EXCEPTIONAL ITEMS - Exceptional Items Included in the Income Statement (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B9_zQYONSRzvWZh" style="display: none"&gt;Schedule of exceptional items&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_z1p20wybinWj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20210101__20211231_zKxrJxiPDgw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_zZPY38U6x5q" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--BusinessCombinationsCosts_iN_di0_msEIzMUm_zUWaOoFvhAzf" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Costs arising from business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(18.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--Covid19ImpactExpense_iN_di_msEIzMUm_zHiuJVQ7dyK" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;COVID-19 impacts&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F49_zIRtUi85XkBi"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(134.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(263.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--ExpenseOfRestructuringActivities_iN_di_msEIzMUm_zqsDTy9Xzdge" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Restructuring&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F43_zwsdBN0lDC33"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(101.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(165.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(146.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--GainsLossesOnNetMonetaryPosition_maEIzMUm_zSxf6VCqmY46" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(11.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--ProductRecallExpense_iN_di0_msEIzMUm_z6A03Q73GvXe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Stella Recall&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(14.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--DistributionAgreement_iN_di0_msEIzMUm_zsFKGD8CNYg9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Distribution agreement&#160;&lt;/span&gt;&lt;span style="font: normal 9.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F47_z8wybGXyu6O5"&gt;(iii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(82.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_ecustom--WriteoffOfInvestmentsiv_d0_msEIzMUm_zgqy1gxoOund" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Write-off of investments&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F45_zapgceycIFA4"&gt;&#160;(iv)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--ExceptionalItems_iT_mtEIzMUm_zema4KydKV03" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(143.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(392.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(452.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F0B_zZQ9f5ppWrFk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F15_z88iRQy4ENkk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The restructuring expenses primarily related to centralized projects and resizing in the Latin America CAC and Brazil.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F05_zxZNV9gMrrhl" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F10_zFOFzGhULE88" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of the Company&#x2019;s people (increased frequency
of cleaning at the Company&#x2019;s facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives
providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F05_zdOMl4rWBW9e" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(iii)&lt;/td&gt;
  &lt;td id="xdx_F12_z1jgJu1YjWf4" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Refers to distribution agreement with our strategic partner in Guatemala.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F03_zLnipSvLmDR7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(iv)&lt;/td&gt;
  &lt;td id="xdx_F17_zcK5ZHscN379" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Refers to an investment write-off of a business line in Canada.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AC_zyDS5wLpbYal" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</abev:DisclosureOfExceptionalItemsTextBlock>
    <abev:DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfExceptionalItemsIncludedInTheIncomeStatementTextBlock_pn5n6_z5QDwyK4SDk9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EXCEPTIONAL ITEMS - Exceptional Items Included in the Income Statement (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B9_zQYONSRzvWZh" style="display: none"&gt;Schedule of exceptional items&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_z1p20wybinWj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20210101__20211231_zKxrJxiPDgw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_zZPY38U6x5q" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--BusinessCombinationsCosts_iN_di0_msEIzMUm_zUWaOoFvhAzf" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Costs arising from business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(18.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--Covid19ImpactExpense_iN_di_msEIzMUm_zHiuJVQ7dyK" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;COVID-19 impacts&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F49_zIRtUi85XkBi"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(134.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(263.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--ExpenseOfRestructuringActivities_iN_di_msEIzMUm_zqsDTy9Xzdge" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Restructuring&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F43_zwsdBN0lDC33"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(101.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(165.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(146.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--GainsLossesOnNetMonetaryPosition_maEIzMUm_zSxf6VCqmY46" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(11.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--ProductRecallExpense_iN_di0_msEIzMUm_z6A03Q73GvXe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Stella Recall&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(14.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--DistributionAgreement_iN_di0_msEIzMUm_zsFKGD8CNYg9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Distribution agreement&#160;&lt;/span&gt;&lt;span style="font: normal 9.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F47_z8wybGXyu6O5"&gt;(iii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(82.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_ecustom--WriteoffOfInvestmentsiv_d0_msEIzMUm_zgqy1gxoOund" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Write-off of investments&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F45_zapgceycIFA4"&gt;&#160;(iv)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--ExceptionalItems_iT_mtEIzMUm_zema4KydKV03" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
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    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(392.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(452.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

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  &lt;td id="xdx_F0B_zZQ9f5ppWrFk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F15_z88iRQy4ENkk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The restructuring expenses primarily related to centralized projects and resizing in the Latin America CAC and Brazil.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

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&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F05_zxZNV9gMrrhl" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F10_zFOFzGhULE88" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of the Company&#x2019;s people (increased frequency
of cleaning at the Company&#x2019;s facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives
providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

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  &lt;td id="xdx_F05_zdOMl4rWBW9e" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(iii)&lt;/td&gt;
  &lt;td id="xdx_F12_z1jgJu1YjWf4" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Refers to distribution agreement with our strategic partner in Guatemala.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F03_zLnipSvLmDR7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(iv)&lt;/td&gt;
  &lt;td id="xdx_F17_zcK5ZHscN379" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Refers to an investment write-off of a business line in Canada.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


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&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;9.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_014"/&gt;&lt;span id="xdx_82B_zczXpozU69Q1"&gt;PAYROLL AND RELATED BENEFITS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--DisclosureOfPayrollAndRelatedBenefitsTextBlock_pn5n6_zC7ZiV5pix6j" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Schedule of Payroll and Related Benefits (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B0_zJJfxMjB3pMd" style="display: none"&gt;Schedule of Payroll and related benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20220101__20221231_zmwvr2LIjaE3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20210101__20211231_z5B40IKfnc21" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zG79GLp1bPa9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--WagesAndSalaries_maEBEzkEh_zzIlTae5XaE4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Wages and salaries&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,496.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,162.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,736.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--SocialSecurityContributions_maEBEzkEh_z9lkUkIlNJx2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Social security contributions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,239.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,016.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;851.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--OtherEmployeeExpense_maEBEzkEh_zFAjqSjl2FU5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other personnel costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,075.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,076.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;836.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_maEBEzkEh_z0ySJBGQVDaa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Increase in liabilities for defined benefit plans&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;157.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;178.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;131.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_maEBEzkEh_zL2jHg3kCZl5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;311.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;391.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;223.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_maEBEzkEh_zetBUEW4eBQe" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions to defined contribution plans&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;82.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;74.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;61.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--EmployeeBenefitsExpense_iNT_di_mtEBEzkEh_z6dYYyj4ulk6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,363.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,898.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,840.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The payroll expenses and related benefits are presented
in the income statement as shown below:&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_88F_ecustom--DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock_pn5n6_zj7wKDy7M4d9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Payroll and Related Benefits Income Statement Presentation (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B5_zzf46bx1bcae" style="display: none"&gt;Schedule of Income statement&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_zcQIXxsX4sFh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231_z9L8FxkktM7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_496_20200101__20201231_zf1I4oFNtIG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--EmployeeBenefitsExpenseCostOfSales_maEBEzCdK_zTVdFvYypqae" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cost&#160;of&#160;sales&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,510.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,247.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,175.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--EmployeeBenefitsExpenseDistributionExpenses_maEBEzCdK_zYKvKUPpXG0c" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Distribution&#160;expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,396.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,286.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,130.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--EmployeeBenefitsExpenseSalesAndMarketingExpenses_maEBEzCdK_zHWPQ3nnqbP9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Sales&#160;and&#160;marketing&#160;expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,504.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,480.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,333.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--EmployeeBenefitsExpenseAdministrativeExpenses_maEBEzCdK_zlwieXkonS7d" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative&#160;expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,798.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,699.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,089.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseNetFinanceCosts_maEBEzCdK_zYI4TWXFTxCj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Net&#160;finance&#160;costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;107.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;115.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;44.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseOtherOperatingIncomeExpense_iN_di0_msEBEzCdK_zldIdTRaJGaa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&#160;operating&#160;(income)/expenses,&#160;net&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--EmployeeBenefitsExpenseExceptionalItems_maEBEzCdK_z7R22jgIR1ae" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exceptional&#160;items&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;43.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;68.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;65.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--EmployeeBenefitsExpense_iNT_di_mtEBEzCdK_zfBKplvtN5Z2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,363.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,898.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,840.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;







</abev:DisclosureOfPayrollAndRelatedBenefitsOfTheEntityTextBlock>
    <abev:DisclosureOfPayrollAndRelatedBenefitsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_881_ecustom--DisclosureOfPayrollAndRelatedBenefitsTextBlock_pn5n6_zC7ZiV5pix6j" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Schedule of Payroll and Related Benefits (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B0_zJJfxMjB3pMd" style="display: none"&gt;Schedule of Payroll and related benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20220101__20221231_zmwvr2LIjaE3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20210101__20211231_z5B40IKfnc21" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zG79GLp1bPa9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--WagesAndSalaries_maEBEzkEh_zzIlTae5XaE4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Wages and salaries&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,496.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,162.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,736.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--SocialSecurityContributions_maEBEzkEh_z9lkUkIlNJx2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Social security contributions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,239.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,016.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;851.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--OtherEmployeeExpense_maEBEzkEh_zFAjqSjl2FU5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other personnel costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,075.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,076.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;836.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_maEBEzkEh_z0ySJBGQVDaa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Increase in liabilities for defined benefit plans&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;157.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;178.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;131.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_maEBEzkEh_zL2jHg3kCZl5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;311.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;391.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;223.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_maEBEzkEh_zetBUEW4eBQe" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions to defined contribution plans&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;82.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;74.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;61.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--EmployeeBenefitsExpense_iNT_di_mtEBEzkEh_z6dYYyj4ulk6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,363.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,898.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,840.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;</abev:DisclosureOfPayrollAndRelatedBenefitsTextBlock>
    <ifrs-full:WagesAndSalaries
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">4496100000</ifrs-full:WagesAndSalaries>
    <ifrs-full:WagesAndSalaries
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">4162600000</ifrs-full:WagesAndSalaries>
    <ifrs-full:WagesAndSalaries
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">3736500000</ifrs-full:WagesAndSalaries>
    <ifrs-full:SocialSecurityContributions
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1239700000</ifrs-full:SocialSecurityContributions>
    <ifrs-full:SocialSecurityContributions
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1016000000.0</ifrs-full:SocialSecurityContributions>
    <ifrs-full:SocialSecurityContributions
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">851800000</ifrs-full:SocialSecurityContributions>
    <ifrs-full:OtherEmployeeExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1075900000</ifrs-full:OtherEmployeeExpense>
    <ifrs-full:OtherEmployeeExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1076100000</ifrs-full:OtherEmployeeExpense>
    <ifrs-full:OtherEmployeeExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">836900000</ifrs-full:OtherEmployeeExpense>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">157800000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">178200000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">131200000</ifrs-full:PostemploymentBenefitExpenseDefinedBenefitPlans>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">311600000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">391500000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
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      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">223100000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">82000000.0</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">74100000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">61100000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-7363100000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-6898500000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-5840600000</ifrs-full:EmployeeBenefitsExpense>
    <abev:DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_88F_ecustom--DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock_pn5n6_zj7wKDy7M4d9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PAYROLL AND RELATED BENEFITS - Payroll and Related Benefits Income Statement Presentation (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B5_zzf46bx1bcae" style="display: none"&gt;Schedule of Income statement&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_zcQIXxsX4sFh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231_z9L8FxkktM7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_496_20200101__20201231_zf1I4oFNtIG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 59%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--EmployeeBenefitsExpenseCostOfSales_maEBEzCdK_zTVdFvYypqae" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cost&#160;of&#160;sales&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,510.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,247.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,175.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--EmployeeBenefitsExpenseDistributionExpenses_maEBEzCdK_zYKvKUPpXG0c" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Distribution&#160;expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,396.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,286.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,130.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--EmployeeBenefitsExpenseSalesAndMarketingExpenses_maEBEzCdK_zHWPQ3nnqbP9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Sales&#160;and&#160;marketing&#160;expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,504.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,480.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,333.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--EmployeeBenefitsExpenseAdministrativeExpenses_maEBEzCdK_zlwieXkonS7d" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative&#160;expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,798.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,699.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,089.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseNetFinanceCosts_maEBEzCdK_zYI4TWXFTxCj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Net&#160;finance&#160;costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;107.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;115.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;44.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_ecustom--EmployeeBenefitsExpenseOtherOperatingIncomeExpense_iN_di0_msEBEzCdK_zldIdTRaJGaa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&#160;operating&#160;(income)/expenses,&#160;net&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--EmployeeBenefitsExpenseExceptionalItems_maEBEzCdK_z7R22jgIR1ae" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exceptional&#160;items&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;43.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;68.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;65.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--EmployeeBenefitsExpense_iNT_di_mtEBEzCdK_zfBKplvtN5Z2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,363.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,898.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,840.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;</abev:DisclosureOfPayrollAndRelatedBenefitsAffectingTheIncomeStatementTextBlock>
    <abev:EmployeeBenefitsExpenseCostOfSales
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      decimals="-5"
      unitRef="BRL">2510400000</abev:EmployeeBenefitsExpenseCostOfSales>
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      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">2247900000</abev:EmployeeBenefitsExpenseCostOfSales>
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      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2175100000</abev:EmployeeBenefitsExpenseCostOfSales>
    <abev:EmployeeBenefitsExpenseDistributionExpenses
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1396300000</abev:EmployeeBenefitsExpenseDistributionExpenses>
    <abev:EmployeeBenefitsExpenseDistributionExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1286800000</abev:EmployeeBenefitsExpenseDistributionExpenses>
    <abev:EmployeeBenefitsExpenseDistributionExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1130400000</abev:EmployeeBenefitsExpenseDistributionExpenses>
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      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1504800000</abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses>
    <abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1480900000</abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses>
    <abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1333700000</abev:EmployeeBenefitsExpenseSalesAndMarketingExpenses>
    <abev:EmployeeBenefitsExpenseAdministrativeExpenses
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1798700000</abev:EmployeeBenefitsExpenseAdministrativeExpenses>
    <abev:EmployeeBenefitsExpenseAdministrativeExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1699100000</abev:EmployeeBenefitsExpenseAdministrativeExpenses>
    <abev:EmployeeBenefitsExpenseAdministrativeExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1089200000</abev:EmployeeBenefitsExpenseAdministrativeExpenses>
    <abev:EmployeeBenefitsExpenseNetFinanceCosts
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">107800000</abev:EmployeeBenefitsExpenseNetFinanceCosts>
    <abev:EmployeeBenefitsExpenseNetFinanceCosts
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">115600000</abev:EmployeeBenefitsExpenseNetFinanceCosts>
    <abev:EmployeeBenefitsExpenseNetFinanceCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">44100000</abev:EmployeeBenefitsExpenseNetFinanceCosts>
    <abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-1500000</abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense>
    <abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">0</abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense>
    <abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-2200000</abev:EmployeeBenefitsExpenseOtherOperatingIncomeExpense>
    <abev:EmployeeBenefitsExpenseExceptionalItems
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">43600000</abev:EmployeeBenefitsExpenseExceptionalItems>
    <abev:EmployeeBenefitsExpenseExceptionalItems
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">68200000</abev:EmployeeBenefitsExpenseExceptionalItems>
    <abev:EmployeeBenefitsExpenseExceptionalItems
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">65900000</abev:EmployeeBenefitsExpenseExceptionalItems>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-7363100000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-6898500000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:EmployeeBenefitsExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-5840600000</ifrs-full:EmployeeBenefitsExpense>
    <ifrs-full:DisclosureOfAdditionalInformationExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80C_eifrs-full--DisclosureOfAdditionalInformationExplanatory_zIT8gIMYy6Ij" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;10.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_015"/&gt;&lt;span id="xdx_82F_z1GYYrcZ9W35"&gt;ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Depreciation, amortization and impairment expenses are
included in the following income statement accounts for the years ended in December 31, 2022, 2021 and 2020:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDepreciationAndAmortisationExpenseExplanatory_pp5n6_z5ckkpwgzFH3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE - Depreciation, Amortization and Impairment Expenses (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;span id="xdx_8BB_z9rPa5Fn3zp7" style="display: none"&gt;Schedule of Depreciation, amortization and impairment expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Depreciation and impairment of property, plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Amortization of intangible assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Cost of sales&#160;&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup/&gt;(i)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DepreciationExpenseCostOfSales_pn5n6_c20220101__20221231_fKGkp_zQqDbmCjGig9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, cost of sales"&gt;&lt;span id="xdx_F25_zD4CgtDQJsLj" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,413.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DepreciationExpenseCostOfSales_pn5n6_c20210101__20211231_fKGkp_zC5STVxnd7Za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, cost of sales"&gt;&lt;span id="xdx_F2D_zWaHrXRSCVx7" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,326.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DepreciationExpenseCostOfSales_pn5n6_c20200101__20201231_fKGkp_zkljT24JcC2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, cost of sales"&gt;&lt;span id="xdx_F2C_zmaDxilkp8ne" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,980.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20220101__20221231_fKGkp_z9SeFTIAhMba" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, cost of sales"&gt;&lt;span id="xdx_F26_zJVrb8drMTF8" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;16.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20210101__20211231_fKGkp_zU2bsfSiVBi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, cost of sales"&gt;&lt;span id="xdx_F22_zrf4YOCX5jZ1" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;16.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20200101__20201231_fKGkp_z6pRezhLWiE2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, cost of sales"&gt;&lt;span id="xdx_F21_zhxhstLsxgTf" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;15.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Distribution expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20220101__20221231_zTov8gBUAdr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;893.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20210101__20211231_zIb9E65esxd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;654.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20200101__20201231_zKMvUSyNJKz9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;441.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20220101__20221231_zUEYXfj6iFK4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20210101__20211231_zIbACDGufU9c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20200101__20201231_zTqVQxFKMo4a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Sales and marketing expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zkuu4HPHrc84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;660.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zA8Zn9qYCx8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;700.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_ztNeVEXbhKl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;787.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zywDvLl7Mzpf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;113.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zGIr2zWWWt27" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_zCtIYPf2TlKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;219.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_z58jg7t1Edrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;474.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zZq5r9ngfO95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;331.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zxm1oThYmJQj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;453.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_znhQae34BEm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;372.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zjTMYL3CLmN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;304.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zot6cRL74bN5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;276.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DepreciationExpense_pn5n6_c20220101__20221231_zKR8lJsQwoJl" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,441.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DepreciationExpense_pn5n6_c20210101__20211231_zEkxotnxh2U3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,012.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DepreciationExpense_pn5n6_c20200101__20201231_z8uyEezYKp55" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,663.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20220101__20221231_z9hHNPmTUK1e" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;502.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AmortisationExpense_pn5n6_c20210101__20211231_zVFtpMzpDyLk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;404.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20200101__20201231_zad0z4481vY2" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;511.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F00_zET62k1NH2E6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1C_zeALERWT3hDa" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;These amounts added to R$&lt;span id="xdx_904_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20220101__20221231_zCUsL0PYarpa" title="Employee benefits expense, cost of sales"&gt;2,510.4&lt;/span&gt;
  (R$&lt;span id="xdx_90D_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20210101__20211231_zw2Ip74Sq04a" title="Employee benefits expense, cost of sales"&gt;2,247.9&lt;/span&gt;
  and R$&lt;span id="xdx_90A_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20200101__20201231_z0ZyU5KhKet5" title="Employee benefits expense, cost of sales"&gt;2,175.1&lt;/span&gt;
  as at December 31, 2021 and 2020, respectively) mentioned in Note 9 - &lt;i&gt;Payroll and related benefits&lt;/i&gt;, total R$&lt;span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20221231_zaY3rCCItVKa" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"&gt;5,940.1&lt;/span&gt;
  (R$&lt;span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn6n6_c20211231_z8XPRJAljUY8" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"&gt;5,591.0&lt;/span&gt;
  and R$&lt;span id="xdx_90E_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20201231_zrEO8lgLUsuc" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"&gt;5,171.2&lt;/span&gt;
  as at December 31, 2021 and 2020, respectively). The remaining amount of R$&lt;span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20220101__20221231_zfmLS1hCSxJa" title="Cost of sales, production costs"&gt;34,482.0&lt;/span&gt;
  (R$&lt;span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20210101__20211231_z4WAqcIq3Mca" title="Cost of sales, production costs"&gt;30,068.7&lt;/span&gt;
  and R$&lt;span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20200101__20201231_z1uSCvjzKjs7" title="Cost of sales, production costs"&gt;21,894.9&lt;/span&gt;
  as at December 31, 2021 and 2020, respectively), recorded in the cost of sales, refers to other production costs.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AF_z2YZFDRcMVna" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfAdditionalInformationExplanatory>
    <ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDepreciationAndAmortisationExpenseExplanatory_pp5n6_z5ckkpwgzFH3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - ADDITIONAL INFORMATION ON COST OF SALES AND OPERATING EXPENSES BY NATURE - Depreciation, Amortization and Impairment Expenses (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;span id="xdx_8BB_z9rPa5Fn3zp7" style="display: none"&gt;Schedule of Depreciation, amortization and impairment expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Depreciation and impairment of property, plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Amortization of intangible assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Cost of sales&#160;&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup/&gt;(i)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DepreciationExpenseCostOfSales_pn5n6_c20220101__20221231_fKGkp_zQqDbmCjGig9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, cost of sales"&gt;&lt;span id="xdx_F25_zD4CgtDQJsLj" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,413.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DepreciationExpenseCostOfSales_pn5n6_c20210101__20211231_fKGkp_zC5STVxnd7Za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, cost of sales"&gt;&lt;span id="xdx_F2D_zWaHrXRSCVx7" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,326.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DepreciationExpenseCostOfSales_pn5n6_c20200101__20201231_fKGkp_zkljT24JcC2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, cost of sales"&gt;&lt;span id="xdx_F2C_zmaDxilkp8ne" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,980.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20220101__20221231_fKGkp_z9SeFTIAhMba" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, cost of sales"&gt;&lt;span id="xdx_F26_zJVrb8drMTF8" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;16.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20210101__20211231_fKGkp_zU2bsfSiVBi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, cost of sales"&gt;&lt;span id="xdx_F22_zrf4YOCX5jZ1" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;16.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--AmortisationExpenseCostOfSales_pn5n6_c20200101__20201231_fKGkp_z6pRezhLWiE2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, cost of sales"&gt;&lt;span id="xdx_F21_zhxhstLsxgTf" style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;15.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Distribution expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20220101__20221231_zTov8gBUAdr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;893.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20210101__20211231_zIb9E65esxd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;654.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DepreciationExpenseDistributionExpenses_pn5n6_c20200101__20201231_zKMvUSyNJKz9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;441.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20220101__20221231_zUEYXfj6iFK4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20210101__20211231_zIbACDGufU9c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--AmortisationExpenseDistributionExpenses_pn5n6_d0_c20200101__20201231_zTqVQxFKMo4a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, distribution expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Sales and marketing expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zkuu4HPHrc84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;660.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zA8Zn9qYCx8j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;700.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_ztNeVEXbhKl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;787.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20220101__20221231_zywDvLl7Mzpf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;113.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20210101__20211231_zGIr2zWWWt27" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--AmortisationExpenseSalesAndMarketingExpenses_pn5n6_c20200101__20201231_zCtIYPf2TlKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, sales and marketing expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;219.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_z58jg7t1Edrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;474.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zZq5r9ngfO95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;331.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DepreciationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zxm1oThYmJQj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;453.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20220101__20221231_znhQae34BEm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;372.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20210101__20211231_zjTMYL3CLmN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;304.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--AmortisationExpenseAdministrativeExpenses_pn5n6_c20200101__20201231_zot6cRL74bN5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets, administrative expenses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;276.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DepreciationExpense_pn5n6_c20220101__20221231_zKR8lJsQwoJl" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,441.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DepreciationExpense_pn5n6_c20210101__20211231_zEkxotnxh2U3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,012.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DepreciationExpense_pn5n6_c20200101__20201231_z8uyEezYKp55" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation and impairment of property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,663.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20220101__20221231_z9hHNPmTUK1e" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;502.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AmortisationExpense_pn5n6_c20210101__20211231_zVFtpMzpDyLk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;404.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AmortisationExpense_pn5n6_c20200101__20201231_zad0z4481vY2" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization of intangible assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;511.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F00_zET62k1NH2E6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1C_zeALERWT3hDa" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;These amounts added to R$&lt;span id="xdx_904_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20220101__20221231_zCUsL0PYarpa" title="Employee benefits expense, cost of sales"&gt;2,510.4&lt;/span&gt;
  (R$&lt;span id="xdx_90D_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20210101__20211231_zw2Ip74Sq04a" title="Employee benefits expense, cost of sales"&gt;2,247.9&lt;/span&gt;
  and R$&lt;span id="xdx_90A_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20200101__20201231_z0ZyU5KhKet5" title="Employee benefits expense, cost of sales"&gt;2,175.1&lt;/span&gt;
  as at December 31, 2021 and 2020, respectively) mentioned in Note 9 - &lt;i&gt;Payroll and related benefits&lt;/i&gt;, total R$&lt;span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20221231_zaY3rCCItVKa" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"&gt;5,940.1&lt;/span&gt;
  (R$&lt;span id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn6n6_c20211231_z8XPRJAljUY8" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"&gt;5,591.0&lt;/span&gt;
  and R$&lt;span id="xdx_90E_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20201231_zrEO8lgLUsuc" title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment"&gt;5,171.2&lt;/span&gt;
  as at December 31, 2021 and 2020, respectively). The remaining amount of R$&lt;span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20220101__20221231_zfmLS1hCSxJa" title="Cost of sales, production costs"&gt;34,482.0&lt;/span&gt;
  (R$&lt;span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20210101__20211231_z4WAqcIq3Mca" title="Cost of sales, production costs"&gt;30,068.7&lt;/span&gt;
  and R$&lt;span id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20200101__20201231_z1uSCvjzKjs7" title="Cost of sales, production costs"&gt;21,894.9&lt;/span&gt;
  as at December 31, 2021 and 2020, respectively), recorded in the cost of sales, refers to other production costs.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory>
    <abev:DepreciationExpenseCostOfSales
      contextRef="From2022-01-01to2022-12-31"
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      unitRef="BRL">3413300000</abev:DepreciationExpenseCostOfSales>
    <abev:DepreciationExpenseCostOfSales
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      id="Fact002096"
      unitRef="BRL">3326600000</abev:DepreciationExpenseCostOfSales>
    <abev:DepreciationExpenseCostOfSales
      contextRef="From2020-01-012020-12-31"
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      id="Fact002098"
      unitRef="BRL">2980400000</abev:DepreciationExpenseCostOfSales>
    <abev:AmortisationExpenseCostOfSales
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      id="Fact002100"
      unitRef="BRL">16400000</abev:AmortisationExpenseCostOfSales>
    <abev:AmortisationExpenseCostOfSales
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      id="Fact002102"
      unitRef="BRL">16400000</abev:AmortisationExpenseCostOfSales>
    <abev:AmortisationExpenseCostOfSales
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      id="Fact002104"
      unitRef="BRL">15700000</abev:AmortisationExpenseCostOfSales>
    <abev:DepreciationExpenseDistributionExpenses
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">893500000</abev:DepreciationExpenseDistributionExpenses>
    <abev:DepreciationExpenseDistributionExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">654100000</abev:DepreciationExpenseDistributionExpenses>
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      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">441700000</abev:DepreciationExpenseDistributionExpenses>
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      contextRef="From2022-01-01to2022-12-31"
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      unitRef="BRL">-0</abev:AmortisationExpenseDistributionExpenses>
    <abev:AmortisationExpenseDistributionExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-0</abev:AmortisationExpenseDistributionExpenses>
    <abev:AmortisationExpenseDistributionExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-0</abev:AmortisationExpenseDistributionExpenses>
    <abev:DepreciationExpenseSalesAndMarketingExpenses
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">660700000</abev:DepreciationExpenseSalesAndMarketingExpenses>
    <abev:DepreciationExpenseSalesAndMarketingExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">700300000</abev:DepreciationExpenseSalesAndMarketingExpenses>
    <abev:DepreciationExpenseSalesAndMarketingExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">787900000</abev:DepreciationExpenseSalesAndMarketingExpenses>
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      contextRef="From2022-01-01to2022-12-31"
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      unitRef="BRL">113200000</abev:AmortisationExpenseSalesAndMarketingExpenses>
    <abev:AmortisationExpenseSalesAndMarketingExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">84300000</abev:AmortisationExpenseSalesAndMarketingExpenses>
    <abev:AmortisationExpenseSalesAndMarketingExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">219900000</abev:AmortisationExpenseSalesAndMarketingExpenses>
    <abev:DepreciationExpenseAdministrativeExpenses
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">474400000</abev:DepreciationExpenseAdministrativeExpenses>
    <abev:DepreciationExpenseAdministrativeExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">331400000</abev:DepreciationExpenseAdministrativeExpenses>
    <abev:DepreciationExpenseAdministrativeExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">453600000</abev:DepreciationExpenseAdministrativeExpenses>
    <abev:AmortisationExpenseAdministrativeExpenses
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">372600000</abev:AmortisationExpenseAdministrativeExpenses>
    <abev:AmortisationExpenseAdministrativeExpenses
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">304200000</abev:AmortisationExpenseAdministrativeExpenses>
    <abev:AmortisationExpenseAdministrativeExpenses
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">276100000</abev:AmortisationExpenseAdministrativeExpenses>
    <ifrs-full:DepreciationExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">5441900000</ifrs-full:DepreciationExpense>
    <ifrs-full:DepreciationExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">5012400000</ifrs-full:DepreciationExpense>
    <ifrs-full:DepreciationExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">4663600000</ifrs-full:DepreciationExpense>
    <ifrs-full:AmortisationExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">502200000</ifrs-full:AmortisationExpense>
    <ifrs-full:AmortisationExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">404900000</ifrs-full:AmortisationExpense>
    <ifrs-full:AmortisationExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">511700000</ifrs-full:AmortisationExpense>
    <abev:EmployeeBenefitsExpenseCostOfSales
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">2510400000</abev:EmployeeBenefitsExpenseCostOfSales>
    <abev:EmployeeBenefitsExpenseCostOfSales
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">2247900000</abev:EmployeeBenefitsExpenseCostOfSales>
    <abev:EmployeeBenefitsExpenseCostOfSales
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2175100000</abev:EmployeeBenefitsExpenseCostOfSales>
    <abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">5940100000</abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment>
    <abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment contextRef="AsOf2021-12-31" decimals="-6" unitRef="BRL">5591000000.0</abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment>
    <abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">5171200000</abev:TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment>
    <abev:CostOfSalesProductionCosts
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">34482000000.0</abev:CostOfSalesProductionCosts>
    <abev:CostOfSalesProductionCosts
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">30068700000</abev:CostOfSalesProductionCosts>
    <abev:CostOfSalesProductionCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">21894900000</abev:CostOfSalesProductionCosts>
    <ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80B_eifrs-full--DisclosureOfFinanceIncomeExpenseExplanatory_zAARuLhlS0F5" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;11.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_016"/&gt;&lt;span id="xdx_82E_zjsgWJUy69J8"&gt;FINANCE EXPENSES AND INCOME&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Finance expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_882_eifrs-full--DisclosureOfFinanceCostExplanatory_pn5n6_zWzFL3DkJfbd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Costs (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zUQPmSDuHe31" style="display: none"&gt;Schedule of finance expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20220101__20221231_zmvWyGVBvue6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231_zzyES7eIMZw3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zbRu5xOnuN7g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--InterestExpense_iN_di_maFCENFzTbH_zPRK5XbXu5w3" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(2,328.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,431.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,786.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_ecustom--NetInterestOnPensionPlans_iN_di_maFCENFzTbH_zKzs6DE5rlP5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Net Interest on pension plans&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(107.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(115.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(117.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--GainsLossesOnHedgingInstrument_msFCENFzTbH_zmCmEySqz4E4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Losses on hedging instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,158.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(2,540.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,919.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--InterestOnProvisionForContingencies_iN_di_maFCENFzTbH_zSt7rtEupYX5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest on provision for disputes and litigation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(456.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(290.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(208.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--NetForeignExchangeLoss_iN_di_maFCENFzTbH_zo6WGVnYyh19" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exchange variations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(751.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(453.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(706.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--AdjustmentInFairValueOfFinancialInstruments_iN_di0_maFCENFzTbH_z2HJ9vAzbsU1" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial instruments at fair value through profit or loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(4.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--TaxExpenseIncomeAtApplicableTaxRate_iN_di_maFCENFzTbH_zYzrZR4bWPM4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Tax on financial transactions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(339.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(216.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(335.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--BankAndSimilarCharges_iN_di_maFCENFzTbH_z5ROceiO8gWl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bank guarantee expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(176.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(174.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(188.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--OtherFinanceCost_iN_di_maFCENFzTbH_zt9jJYlXuiTh" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other financial results&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(574.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(204.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(164.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_ecustom--FinanceCostsExcludingNonrecurringFinanceCosts_iNT_di_mtFCENFzTbH_zyf4GeKOuFwf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(7,892.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(5,427.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(5,430.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Interest expenses are presented net of the effects of
interest rate derivative financial instruments which mitigate Ambev&#x2019;s interest rate risk (Note 28 - &lt;i&gt;Financial instruments and
risks&lt;/i&gt;). The interest expenses are as follows:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfInterestExpenseExplanatory_zKvZMzWIxoeg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Expense (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B8_zGntgpmXj65i" style="display: none"&gt;Schedule of Interest expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20220101__20221231_zYJy4PI2yIgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_490_20210101__20211231_z7CrDvx7qAOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_493_20200101__20201231_zndZFQTPt2bl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_z8zqjiZ4pvVj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial instruments measured at amortized cost&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(764.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(466.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(776.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_zIK8pkzO1I33" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Financial instruments at fair value through profit or loss&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F45_z9P9dxykDp15"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,564.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(965.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,010.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--InterestExpense_iNT_di_mtIEzJSo_zASn0R8u63a9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,328.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,431.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,786.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F0C_zFKsLXcLf4Qg" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F14_zJbmleMk8vTf" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Include R$1,231 million (R$656 million at December 31, 2021 and R$657 million at December 31, 2020) as accounts payable present value adjustment.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p id="xdx_8A6_zTXxpIKP7cEk" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;







&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Finance income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfFinanceIncomeExplanatory_pn5n6_zUcpxOxJQpJa" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Income (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BB_zGldVnanIAPb" style="display: none"&gt;Schedule of finance income&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20220101__20221231_zw9flzHHIOPg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20210101__20211231_znsx40NQvxQi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20200101__20201231_zPmG6LQnlnX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--RevenueFromInterest_maFIBAOzuCZ_zw1bvjLFaUm" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest income&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,167.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,101.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,245.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_ecustom--IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties_maFIBAOzuCZ_zUN7AYUKzO28" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest and foreign exchange rate on loans to/from related parties&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;37.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;42.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;10.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss_maFIBAOzuCZ_zS91NnwK84hl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial instruments at fair value through profit or loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;95.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;77.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;242.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--OtherFinanceIncome_maFIBAOzuCZ_z1WqS0EiidH3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other financial results&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;565.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;78.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;49.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems_iT_mtFIBAOzuCZ_maFIzz0V_zlhbFEGyhmRd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Finance income, before adoption of new accounting policies&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,865.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,300.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,548.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies_maFIzz0V_ztlnVZZ46p9g" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,603.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;922.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;447.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--FinanceIncome_iT_mtFIzz0V_zA5xsfO8LJBa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Finance income&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,469.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,222.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,996.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A5_z2WWBXynuOy6" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;Interest income arises from the following financial assets:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfInterestIncomeExplanatory_pn5n6_zkLYKR4kA4xb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Income (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B1_zSAeKU6CxWn3" style="display: none"&gt;Schedule of interest income&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20220101__20221231_zRnkRLlaC3G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_493_20210101__20211231_z0vbNd6UjJy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20200101__20201231_ziiSq4AILyB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--InterestIncomeOnCashAndCashEquivalents_maRFIzT61_ze0SZC0uzUYa" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash and cash equivalents&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;791.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;329.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;234.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--InterestIncomeOnFinancialAssetsHeldForTrading_maRFIzT61_zyOKYqlFe1Lh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Investment securities held for trading&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;175.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--InterestIncomeOnOtherFinancialAssets_maRFIzT61_z0bVlUJ4Yij8" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Other receivables&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup id="xdx_F4A_z6CvrXNQo5ha"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,200.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;687.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,006.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--RevenueFromInterest_iT_mtRFIzT61_zkoRz8Uxe9ok" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,167.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,101.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,245.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%; margin-bottom: 12pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F02_zbjIVctWQZA1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F17_zHssuUlISgOb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Refers, mainly, to monetary adjustment of recoverable taxes.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p id="xdx_8AB_zdC2GpKDErC4" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;


</ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory>
    <ifrs-full:DisclosureOfFinanceCostExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_882_eifrs-full--DisclosureOfFinanceCostExplanatory_pn5n6_zWzFL3DkJfbd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Costs (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zUQPmSDuHe31" style="display: none"&gt;Schedule of finance expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20220101__20221231_zmvWyGVBvue6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231_zzyES7eIMZw3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49B_20200101__20201231_zbRu5xOnuN7g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--InterestExpense_iN_di_maFCENFzTbH_zPRK5XbXu5w3" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest expense&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(2,328.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,431.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,786.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_ecustom--NetInterestOnPensionPlans_iN_di_maFCENFzTbH_zKzs6DE5rlP5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Net Interest on pension plans&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(107.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(115.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(117.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--GainsLossesOnHedgingInstrument_msFCENFzTbH_zmCmEySqz4E4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Losses on hedging instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,158.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(2,540.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,919.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--InterestOnProvisionForContingencies_iN_di_maFCENFzTbH_zSt7rtEupYX5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest on provision for disputes and litigation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(456.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(290.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(208.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--NetForeignExchangeLoss_iN_di_maFCENFzTbH_zo6WGVnYyh19" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exchange variations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(751.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(453.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(706.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--AdjustmentInFairValueOfFinancialInstruments_iN_di0_maFCENFzTbH_z2HJ9vAzbsU1" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial instruments at fair value through profit or loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(4.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--TaxExpenseIncomeAtApplicableTaxRate_iN_di_maFCENFzTbH_zYzrZR4bWPM4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Tax on financial transactions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(339.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(216.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(335.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--BankAndSimilarCharges_iN_di_maFCENFzTbH_z5ROceiO8gWl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bank guarantee expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(176.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(174.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(188.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--OtherFinanceCost_iN_di_maFCENFzTbH_zt9jJYlXuiTh" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other financial results&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(574.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(204.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(164.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_ecustom--FinanceCostsExcludingNonrecurringFinanceCosts_iNT_di_mtFCENFzTbH_zyf4GeKOuFwf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(7,892.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(5,427.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(5,430.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;</ifrs-full:DisclosureOfFinanceCostExplanatory>
    <ifrs-full:InterestExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">2328300000</ifrs-full:InterestExpense>
    <ifrs-full:InterestExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1431800000</ifrs-full:InterestExpense>
    <ifrs-full:InterestExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1786600000</ifrs-full:InterestExpense>
    <abev:NetInterestOnPensionPlans
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">107900000</abev:NetInterestOnPensionPlans>
    <abev:NetInterestOnPensionPlans
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">115600000</abev:NetInterestOnPensionPlans>
    <abev:NetInterestOnPensionPlans
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">117200000</abev:NetInterestOnPensionPlans>
    <ifrs-full:GainsLossesOnHedgingInstrument
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-3158400000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-2540200000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">-1919300000</ifrs-full:GainsLossesOnHedgingInstrument>
    <abev:InterestOnProvisionForContingencies
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">456600000</abev:InterestOnProvisionForContingencies>
    <abev:InterestOnProvisionForContingencies
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">290000000.0</abev:InterestOnProvisionForContingencies>
    <abev:InterestOnProvisionForContingencies
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">208800000</abev:InterestOnProvisionForContingencies>
    <ifrs-full:NetForeignExchangeLoss
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">751100000</ifrs-full:NetForeignExchangeLoss>
    <ifrs-full:NetForeignExchangeLoss
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">453900000</ifrs-full:NetForeignExchangeLoss>
    <ifrs-full:NetForeignExchangeLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">706400000</ifrs-full:NetForeignExchangeLoss>
    <abev:AdjustmentInFairValueOfFinancialInstruments
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">0</abev:AdjustmentInFairValueOfFinancialInstruments>
    <abev:AdjustmentInFairValueOfFinancialInstruments
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">0</abev:AdjustmentInFairValueOfFinancialInstruments>
    <abev:AdjustmentInFairValueOfFinancialInstruments
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">4300000</abev:AdjustmentInFairValueOfFinancialInstruments>
    <ifrs-full:TaxExpenseIncomeAtApplicableTaxRate
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">339600000</ifrs-full:TaxExpenseIncomeAtApplicableTaxRate>
    <ifrs-full:TaxExpenseIncomeAtApplicableTaxRate
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">216600000</ifrs-full:TaxExpenseIncomeAtApplicableTaxRate>
    <ifrs-full:TaxExpenseIncomeAtApplicableTaxRate
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">335000000.0</ifrs-full:TaxExpenseIncomeAtApplicableTaxRate>
    <ifrs-full:BankAndSimilarCharges
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">176100000</ifrs-full:BankAndSimilarCharges>
    <ifrs-full:BankAndSimilarCharges
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">174900000</ifrs-full:BankAndSimilarCharges>
    <ifrs-full:BankAndSimilarCharges
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">188000000.0</ifrs-full:BankAndSimilarCharges>
    <ifrs-full:OtherFinanceCost
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">574200000</ifrs-full:OtherFinanceCost>
    <ifrs-full:OtherFinanceCost
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">204800000</ifrs-full:OtherFinanceCost>
    <ifrs-full:OtherFinanceCost
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">164900000</ifrs-full:OtherFinanceCost>
    <abev:FinanceCostsExcludingNonrecurringFinanceCosts
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">7892200000</abev:FinanceCostsExcludingNonrecurringFinanceCosts>
    <abev:FinanceCostsExcludingNonrecurringFinanceCosts
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">5427800000</abev:FinanceCostsExcludingNonrecurringFinanceCosts>
    <abev:FinanceCostsExcludingNonrecurringFinanceCosts
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">5430500000</abev:FinanceCostsExcludingNonrecurringFinanceCosts>
    <ifrs-full:DisclosureOfInterestExpenseExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfInterestExpenseExplanatory_zKvZMzWIxoeg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Expense (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B8_zGntgpmXj65i" style="display: none"&gt;Schedule of Interest expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20220101__20221231_zYJy4PI2yIgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_490_20210101__20211231_z7CrDvx7qAOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_493_20200101__20201231_zndZFQTPt2bl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_z8zqjiZ4pvVj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial instruments measured at amortized cost&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(764.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(466.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(776.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss_iN_di_maIEzJSo_zIK8pkzO1I33" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Financial instruments at fair value through profit or loss&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F45_z9P9dxykDp15"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,564.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(965.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,010.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--InterestExpense_iNT_di_mtIEzJSo_zASn0R8u63a9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,328.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,431.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,786.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F0C_zFKsLXcLf4Qg" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F14_zJbmleMk8vTf" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Include R$1,231 million (R$656 million at December 31, 2021 and R$657 million at December 31, 2020) as accounts payable present value adjustment.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

</ifrs-full:DisclosureOfInterestExpenseExplanatory>
    <ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">764000000.0</ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss>
    <ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">466000000.0</ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss>
    <ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">776000000.0</ifrs-full:InterestExpenseOnFinancialLiabilitiesDesignatedAtFairValueThroughProfitOrLoss>
    <abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      id="Fact002223"
      unitRef="BRL">1564300000</abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss>
    <abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      id="Fact002224"
      unitRef="BRL">965800000</abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss>
    <abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      id="Fact002225"
      unitRef="BRL">1010600000</abev:InterestExpenseOnInstrumentsAtFairValueThroughProfitOrLoss>
    <ifrs-full:InterestExpense
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">2328300000</ifrs-full:InterestExpense>
    <ifrs-full:InterestExpense
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1431800000</ifrs-full:InterestExpense>
    <ifrs-full:InterestExpense
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1786600000</ifrs-full:InterestExpense>
    <ifrs-full:DisclosureOfFinanceIncomeExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfFinanceIncomeExplanatory_pn5n6_zUcpxOxJQpJa" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Finance Income (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BB_zGldVnanIAPb" style="display: none"&gt;Schedule of finance income&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20220101__20221231_zw9flzHHIOPg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20210101__20211231_znsx40NQvxQi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20200101__20201231_zPmG6LQnlnX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--RevenueFromInterest_maFIBAOzuCZ_zw1bvjLFaUm" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest income&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,167.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,101.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,245.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_ecustom--IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties_maFIBAOzuCZ_zUN7AYUKzO28" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest and foreign exchange rate on loans to/from related parties&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;37.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;42.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;10.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss_maFIBAOzuCZ_zS91NnwK84hl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial instruments at fair value through profit or loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;95.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;77.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;242.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--OtherFinanceIncome_maFIBAOzuCZ_z1WqS0EiidH3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other financial results&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;565.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;78.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;49.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems_iT_mtFIBAOzuCZ_maFIzz0V_zlhbFEGyhmRd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Finance income, before adoption of new accounting policies&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,865.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,300.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,548.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies_maFIzz0V_ztlnVZZ46p9g" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,603.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;922.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;447.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--FinanceIncome_iT_mtFIzz0V_zA5xsfO8LJBa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Finance income&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,469.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,222.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,996.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfFinanceIncomeExplanatory>
    <ifrs-full:RevenueFromInterest
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">2167700000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1101600000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2245500000</ifrs-full:RevenueFromInterest>
    <abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">37100000</abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties>
    <abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">42500000</abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties>
    <abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">10600000</abev:IncomeFromInterestAndForeignExchangeRateOnLoansWithRelatedParties>
    <abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">95500000</abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss>
    <abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">77000000.0</abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss>
    <abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">242600000</abev:RevenueFromFinancialInstrumentsAtFairValueThroughProfitOrLoss>
    <ifrs-full:OtherFinanceIncome
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">565300000</ifrs-full:OtherFinanceIncome>
    <ifrs-full:OtherFinanceIncome
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">78900000</ifrs-full:OtherFinanceIncome>
    <ifrs-full:OtherFinanceIncome
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">49900000</ifrs-full:OtherFinanceIncome>
    <abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">2865600000</abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems>
    <abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1300000000.0</abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems>
    <abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2548600000</abev:FinanceIncomeBeforeAdoptionOfNewAccountingPoliciesAndNonrecurringItems>
    <abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1603500000</abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies>
    <abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">922400000</abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies>
    <abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">447400000</abev:FinancialIncomeEffectOfAdoptionOfNewAccountingPolicies>
    <ifrs-full:FinanceIncome
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">4469100000</ifrs-full:FinanceIncome>
    <ifrs-full:FinanceIncome
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">2222400000</ifrs-full:FinanceIncome>
    <ifrs-full:FinanceIncome
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2996000000.0</ifrs-full:FinanceIncome>
    <ifrs-full:DisclosureOfInterestIncomeExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfInterestIncomeExplanatory_pn5n6_zkLYKR4kA4xb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCE EXPENSES AND INCOME - Interest Income (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B1_zSAeKU6CxWn3" style="display: none"&gt;Schedule of interest income&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20220101__20221231_zRnkRLlaC3G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_493_20210101__20211231_z0vbNd6UjJy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20200101__20201231_ziiSq4AILyB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--InterestIncomeOnCashAndCashEquivalents_maRFIzT61_ze0SZC0uzUYa" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash and cash equivalents&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;791.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;329.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;234.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--InterestIncomeOnFinancialAssetsHeldForTrading_maRFIzT61_zyOKYqlFe1Lh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Investment securities held for trading&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;175.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--InterestIncomeOnOtherFinancialAssets_maRFIzT61_z0bVlUJ4Yij8" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Other receivables&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup id="xdx_F4A_z6CvrXNQo5ha"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,200.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;687.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,006.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--RevenueFromInterest_iT_mtRFIzT61_zkoRz8Uxe9ok" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="color: White; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,167.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,101.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,245.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%; margin-bottom: 12pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F02_zbjIVctWQZA1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F17_zHssuUlISgOb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Refers, mainly, to monetary adjustment of recoverable taxes.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

</ifrs-full:DisclosureOfInterestIncomeExplanatory>
    <ifrs-full:InterestIncomeOnCashAndCashEquivalents
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">791600000</ifrs-full:InterestIncomeOnCashAndCashEquivalents>
    <ifrs-full:InterestIncomeOnCashAndCashEquivalents
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">329500000</ifrs-full:InterestIncomeOnCashAndCashEquivalents>
    <ifrs-full:InterestIncomeOnCashAndCashEquivalents
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">234600000</ifrs-full:InterestIncomeOnCashAndCashEquivalents>
    <ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">175900000</ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading>
    <ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">84700000</ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading>
    <ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">4300000</ifrs-full:InterestIncomeOnFinancialAssetsHeldForTrading>
    <ifrs-full:InterestIncomeOnOtherFinancialAssets
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      id="Fact002273"
      unitRef="BRL">1200200000</ifrs-full:InterestIncomeOnOtherFinancialAssets>
    <ifrs-full:InterestIncomeOnOtherFinancialAssets
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      id="Fact002274"
      unitRef="BRL">687400000</ifrs-full:InterestIncomeOnOtherFinancialAssets>
    <ifrs-full:InterestIncomeOnOtherFinancialAssets
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      id="Fact002275"
      unitRef="BRL">2006600000</ifrs-full:InterestIncomeOnOtherFinancialAssets>
    <ifrs-full:RevenueFromInterest
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">2167700000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1101600000</ifrs-full:RevenueFromInterest>
    <ifrs-full:RevenueFromInterest
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">2245500000</ifrs-full:RevenueFromInterest>
    <abev:DisclosureOfIncomeTaxAndSocialContributionTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_808_ecustom--DisclosureOfIncomeTaxAndSocialContributionTextBlock_zc98DfMmBfNf" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;12.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_017"/&gt;&lt;span id="xdx_82D_zPMJaoWJaB34"&gt;INCOME TAX AND SOCIAL CONTRIBUTION&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 9pt 0pt 12pt"&gt;Income taxes reported in the income statement are analyzed as follow:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfIncomeTaxExplanatory_pn5n6_zsT1KE2UavNf" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Income Taxes Reported (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BE_zcvgMv12OQx8" style="display: none"&gt;Schedule of Income taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20220101__20221231_zp7aKMlCb3Uf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20210101__20211231_zWrV02j1jCGl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20200101__20201231_zXNLTyTF1fti" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--CurrentTaxExpenseIncome_iN_di_maDTEIzXSe_zEyOm1CA9kHe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Income tax expense &#x2013; current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,718.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,268.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,048.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_iN_di_maDTEIzXSe_zFKRbbDwEeAe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred tax expense on temporary differences&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,012.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,072.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,576.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--AdjustmentsForDeferredTaxExpense_iN_di_maDTEIzXSe_zJJvGWdhwRe9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred tax on tax loss carryforward movements in the current period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,361.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(440.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;862.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--DeferredTaxExpenseIncome_iNT_di_mtDTEIzXSe_maITECOzyJ5_z2fLeYhTMs4l" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total deferred tax (expense)/income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,374.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;632.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(713.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iNT_di_mtITECOzyJ5_zF2aMiRYGv6a" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total income tax expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;655.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(636.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,762.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AF_zTz4lb2U6Pve" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;The reconciliation between the weighted nominal tax rate and the effective
tax rate is summarized as follows:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock_zk4oHemIUd27" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B7_ztpQTvi2Znrc" style="display: none"&gt;Schedule of reconciliation between the weighted nominal tax rate and the effective
tax rate&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20220101__20221231_zZsfHW5qyekb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_494_20210101__20211231_z1y5iDabjvC2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_zATkojEfOPva" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AccountingProfit_maNAPzlZV_zshCLtNphmi1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Profit before tax&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;14,235.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;13,759.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;13,494.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--AdjustmentOnTaxableBasisAbstract_iB" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Adjustment on a taxable basis&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--TaxEffectOfOthersNontaxableIncome_i01_maNAPzlZV_zqkQB4SMYqci" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Others non-taxable income&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(883.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(611.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(6.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--TaxEffectOfGovernmentGrantsRelatedToSalesTaxes_i01_maNAPzlZV_zClrVwjCfSi3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Government grants related to sales taxes&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(2,535.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(1,883.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(1,597.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_ecustom--TaxEffectFromSharingResultsOfJointVentures_i01_maNAPzlZV_ztKwHuT1a8Af" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Share of results of joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;29.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;115.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;43.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--TaxEffectOfExpenseNotDeductible_i01_maNAPzlZV_zWnj0PCwNFi5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Non-deductible expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;192.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;99.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;119.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--TaxEffectOfForeignTaxRates_i01N_di_msNAPzlZV_z5kIp3UXzbu5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Worldwide taxation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;679.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(360.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;48.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--NetAccountingProfit_i01T_mtNAPzlZV_zGlR7aVwCfM5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;11,718.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;11,120.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;12,101.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--ApplicableTaxRate_i01_pip0_dp_z5y93cHeqoL4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Aggregated weighted nominal tax rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;29.47%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;27.39%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;30.26%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Taxes payable &#x2013; nominal rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20221231_zx14YiYqEaBa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(3,453.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20211231_zUANkarZZDef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(3,045.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20201231_zxYJ7F2LIFnd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(3,662.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--AdjustmentOnTaxExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Adjustment on tax expense&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--TaxEffectOfRegionalIncentives_i01_z8SGDQuZ6he1" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Income tax Incentives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;234.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;213.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;123.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--TaxEffectOfDeductibleInterestOfShareholdersEquity_i01_zDUgGBTv5IVk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Deductible interest on shareholders&#x2019; equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;4,079.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;2,516.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;2,213.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--TaxEffectOfImpairmentOfGoodwill_i01_zI83XDCXIYgg" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Tax savings from goodwill amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;27.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;77.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;77.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--TaxEffectOfWithholdingTaxOverUndistributedProfits_i01_zHnNN9CQkLie" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Withholding income tax&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(164.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(876.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(628.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--TaxEffectOfTaxLosses_i01_zS0UsNqM4XZ4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Recognition/(write-off) of deferred charges on tax losses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(58.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(1.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;123.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_ecustom--TaxEffectOfAdoptionOfNewAccountingPolicy_i01N_di_zHIeWmBlSVn6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(249.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(123.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(50.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_i01_zucQtsfGPeM4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Others with reduced taxation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;239.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;602.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;41.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--IncomeTaxExpenseContinuingOperations_i01N_di_zz18JQFwD6Bl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Income tax and social contribution expense&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;655.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(636.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(1,762.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AverageEffectiveTaxRate_i01_pip0_dp_zq8jxeTRjzvd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Effective tax rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;-4.61%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;4.63%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;13.06%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A3_zebyf2Zq7EDk" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The main events that impacted the effective tax rate
for the period were:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;On September 24, 2021, the Brazilian Supreme Court of Justice (&#x201c;STF&#x201d;)
issued a binding decision favorable to taxpayers on proceeding n&#xba; 1.063.187/SC (&lt;i&gt;Recurso Extraordin&#xe1;rio n&#xba; 1,063,187/SC
&#x2013; Tema 962&lt;/i&gt;), recognizing the unconstitutionality of Corporate Income Taxes (&#x201c;IRPJ and CSLL&#x201d;) calculated over SELIC
interest earned upon the recovery of taxes.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"&gt;The Company and its subsidiaries
have judicial claims in process as per described above. Based on the binding decision issued by STF and on the analysis of the Company&#x2019;s
external counsels, the Company evaluates as probable that such tax treatment will be accepted in its respective lawsuits, as they relate
to the recognition of its right to recover/offset the amount of IRPJ and CSLL calculated and paid over SELIC interest earned upon the
recovery of taxes accounted in the period between 2006 and 2022, as well as the exclusion of amounts of this nature in the calculation
of its taxable basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"&gt;The amount related to &lt;i&gt;Tema
962 &lt;/i&gt;that impacted the income tax rate in 2022 was R$&lt;span id="xdx_902_eifrs-full--TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense_pn6n6_c20220101__20221231_z761GRJOq1N8" title="Tax benefit arising from previously unrecognised tax loss, tax credit or temporary difference of prior period used to reduce deferred tax expense"&gt;329&lt;/span&gt; million.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: 0cm"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Government subsidy for sales taxes:&#160;for regional incentives and economic
development policies, these are related primarily to local production, contributing to economic and social impact, and, when reinvested,
are not subject to income tax and social contribution purposes, which explains the impact on the effective tax rate. The amount above
is impacted by fluctuations in the volume, price and any eventual increases in state VAT (&#x201c;ICMS&#x201d;), reflected in other operating
income or net sales depending on its nature, according to note
3 (y) &#x2013; &lt;i&gt;Summary of significant accounting policies &#x2013; Tax incentives and
subsidized loans.&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;





&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Complement of income tax on foreign subsidiaries due in Brazil: shows the
result of the calculation of universal taxation of profits, according to the regulations of Law 12,973/14.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Withholding income tax: The amount is mainly related to dividends already
distributed and to be distributed by subsidiaries located outside of Brazil, applicable according to local tax legislation. The recorded
values in 2022 are mainly related to the exchange rate variation of the deferred income tax.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Symbol; font-size: 12pt; color: black"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Deductible interest on shareholders&#x2019; equity: under Brazilian law,
companies have an option to remunerate their shareholders through the payment of interest on capital (&#x201c;IOC&#x201d;), which amount
is impacted by the taxable result, net income reserves of the Company and by the long-term interest rate (&#x201c;TJLP&#x201d;). These remunerations
are deductible for income tax purposes.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 10pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</abev:DisclosureOfIncomeTaxAndSocialContributionTextBlock>
    <ifrs-full:DisclosureOfIncomeTaxExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfIncomeTaxExplanatory_pn5n6_zsT1KE2UavNf" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Income Taxes Reported (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BE_zcvgMv12OQx8" style="display: none"&gt;Schedule of Income taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20220101__20221231_zp7aKMlCb3Uf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20210101__20211231_zWrV02j1jCGl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20200101__20201231_zXNLTyTF1fti" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--CurrentTaxExpenseIncome_iN_di_maDTEIzXSe_zEyOm1CA9kHe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Income tax expense &#x2013; current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,718.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,268.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,048.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_iN_di_maDTEIzXSe_zFKRbbDwEeAe" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred tax expense on temporary differences&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,012.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,072.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,576.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--AdjustmentsForDeferredTaxExpense_iN_di_maDTEIzXSe_zJJvGWdhwRe9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred tax on tax loss carryforward movements in the current period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,361.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(440.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;862.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--DeferredTaxExpenseIncome_iNT_di_mtDTEIzXSe_maITECOzyJ5_z2fLeYhTMs4l" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total deferred tax (expense)/income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,374.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;632.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(713.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--IncomeTaxExpenseContinuingOperations_iNT_di_mtITECOzyJ5_zF2aMiRYGv6a" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total income tax expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;655.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(636.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,762.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfIncomeTaxExplanatory>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1718900000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1268600000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
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    <ifrs-full:DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences
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    <abev:DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock_zk4oHemIUd27" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INCOME TAX AND SOCIAL CONTRIBUTION - Reconciliation From the Weighted Nominal to the Effective Tax Rate (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B7_ztpQTvi2Znrc" style="display: none"&gt;Schedule of reconciliation between the weighted nominal tax rate and the effective
tax rate&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20220101__20221231_zZsfHW5qyekb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_494_20210101__20211231_z1y5iDabjvC2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_zATkojEfOPva" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 61%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AccountingProfit_maNAPzlZV_zshCLtNphmi1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Profit before tax&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;14,235.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;13,759.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;13,494.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--AdjustmentOnTaxableBasisAbstract_iB" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Adjustment on a taxable basis&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--TaxEffectOfOthersNontaxableIncome_i01_maNAPzlZV_zqkQB4SMYqci" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Others non-taxable income&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(883.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(611.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(6.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--TaxEffectOfGovernmentGrantsRelatedToSalesTaxes_i01_maNAPzlZV_zClrVwjCfSi3" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Government grants related to sales taxes&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(2,535.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(1,883.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(1,597.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_ecustom--TaxEffectFromSharingResultsOfJointVentures_i01_maNAPzlZV_ztKwHuT1a8Af" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Share of results of joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;29.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;115.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;43.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--TaxEffectOfExpenseNotDeductible_i01_maNAPzlZV_zWnj0PCwNFi5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Non-deductible expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;192.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;99.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;119.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--TaxEffectOfForeignTaxRates_i01N_di_msNAPzlZV_z5kIp3UXzbu5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Worldwide taxation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;679.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;(360.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;48.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--NetAccountingProfit_i01T_mtNAPzlZV_zGlR7aVwCfM5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;11,718.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;11,120.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;12,101.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--ApplicableTaxRate_i01_pip0_dp_z5y93cHeqoL4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Aggregated weighted nominal tax rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;29.47%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;27.39%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;30.26%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Taxes payable &#x2013; nominal rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20221231_zx14YiYqEaBa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(3,453.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20211231_zUANkarZZDef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(3,045.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentTaxLiabilities_iI_pn5n6_c20201231_zxYJ7F2LIFnd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Taxes payable  nominal rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(3,662.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--AdjustmentOnTaxExpenseAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Adjustment on tax expense&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--TaxEffectOfRegionalIncentives_i01_z8SGDQuZ6he1" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Income tax Incentives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;234.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;213.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;123.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--TaxEffectOfDeductibleInterestOfShareholdersEquity_i01_zDUgGBTv5IVk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Deductible interest on shareholders&#x2019; equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;4,079.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;2,516.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;2,213.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--TaxEffectOfImpairmentOfGoodwill_i01_zI83XDCXIYgg" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;Tax savings from goodwill amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;27.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;77.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;77.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--TaxEffectOfWithholdingTaxOverUndistributedProfits_i01_zHnNN9CQkLie" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
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  &lt;tr id="xdx_40E_ecustom--TaxEffectOfAdoptionOfNewAccountingPolicy_i01N_di_zHIeWmBlSVn6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
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  &lt;tr id="xdx_405_eifrs-full--OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_i01_zucQtsfGPeM4" style="vertical-align: bottom; background-color: White"&gt;
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    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&#160;602.8&#160;&lt;/span&gt;&lt;/td&gt;
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  &lt;tr id="xdx_409_eifrs-full--IncomeTaxExpenseContinuingOperations_i01N_di_zz18JQFwD6Bl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Income tax and social contribution expense&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;655.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(636.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;&#160;(1,762.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--AverageEffectiveTaxRate_i01_pip0_dp_zq8jxeTRjzvd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;Effective tax rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;-4.61%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;4.63%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8.5pt"&gt;&lt;b&gt;13.06%&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfReconciliationFromTheWeightedNominalToTheEffectiveTaxRateTextBlock>
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&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;13.&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman; font-size: 7pt"&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_018"/&gt;&lt;span id="xdx_82E_z4JVS4knT7rd"&gt;PROPERTY, PLANT AND EQUIPMENT&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_pn5n6_zCh4a8P1ltZc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Property, Plant and Equipment (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B3_zaJlukf5wtId" style="display: none"&gt;Schedule of property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 56%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIF3KvGgzguh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26,961.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhUM6IfcmU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26,664.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Right of use assets&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ztvXyhxTcy26" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,094.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZVhtGEhnPW2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,560.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231_zkK2tBNRNbj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;30,055.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231_zUV6KTHvOXC8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;29,224.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AE_zrawYD8ia1Ek" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;








&lt;table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock_pn5n6_zjOWgxRVTpae" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Reconciliation of Changes in Property, Plant and Equipment (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_z5uKTUtmBb9g" style="display: none"&gt;Schedule
    of Reconciliation of changes in property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 40%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Land and buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixtures and fittings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Under construction&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPRlYFJU5Fd" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,385.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWEMMgcpYtUk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;34,037.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzc5ZRYhODqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,219.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9bHWaLy3vPj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,830.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zliDt5xv2hYh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;56,472.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgYpk7vq5Fef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;54.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zK3wl4J9FT5c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;129.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwLRn93n45Dc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zHNMxJnSHCP9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzRBoxIbu0Jd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;193.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zniuP4INng9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;544.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNwhBnngkr7j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,170.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWuuFmWl5TKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;216.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zfnMoa5msfq5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;148.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zltXLdeAOCp5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,079.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisition through business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zlRZqPJpinMe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCTtZKESsvgf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;8.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_ztkJ38WKi36b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDygeZFctxZ3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zGqUTrX0UTg6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisitions&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFsnwSegmRvj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z2htpC2wolml" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;960.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwkgAhkDvKNf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;45.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZwC0Yun2n3i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6,294.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zM843HO4WAEj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,311.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zj0SVm7syQ0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(117.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAZrX8kjxy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,238.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNBukdBGpAv2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(360.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zORwUHlw1c53" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuMgfa0lIdk9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,719.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSSvbHiYCR99" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;662.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxJ4pfzRufj9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,402.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zd6idcSs8FTe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;401.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0rzDYwJR4ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,872.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1QjkMlPKFy5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(406.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbM9krXgAHs6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;13,539.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoS2q96i4rag" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;37,469.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLNzcHmnxhi6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,526.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zCGGPVpLvYi8" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,404.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztoQ8n3D41P7" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;63,941.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKUOR3rI7Ap5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,075.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7wwVt1TUN15" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,378.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zN7HR3tj2vRk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(879.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zELQF0p9dul7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(360.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgF3ybgE4y94" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5,694.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG1MguOL0K11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;870.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc8nX6L7NaL2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,891.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z5eKQWIh5C4b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;744.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z91gATfNvYF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLU0xd4Td2Oj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,758.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisitions&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJ1fRQgzoAkj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjdNdeLkU8Wh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,283.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcaiA6wLnMQl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;87.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcrXDro7i7ec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,923.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zYXCBeR16l6b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6,305.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSJjKlPT2TK" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(24.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zW38vCj0Y1Ij" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,531.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhwAfiLNZWT5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(349.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNOA0l2xmrs7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl2528"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhFPbtA5GGLe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,905.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWCiv2IhJRrh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,173.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKG99yG72OVi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,083.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zmfTCnWNTogk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;553.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhNU4kYCrQjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5,870.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_znQ18cHgZmKb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,060.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxvDKLm7t2Ma" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,494.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAtrxzYZKb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;39,818.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z82o8pZu9AGc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,682.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9AgcuYfSpib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,350.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z4pOALLc5nq2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;66,345.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 40%"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Land and buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixtures and fittings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Under construction&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Depreciation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zARN6MXvM8Lh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,993.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPi8vPxnFnKk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(23,831.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQ7KZEREU4Ok" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5,795.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgcPjKY4tPpg" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTUJPAKbqCu1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(33,619.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVFkPHeBo37i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(39.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc50gzXdySkl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(52.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zl1nSsyh1GB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQikLSS0rQ87" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWnZKHVBupOg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(81.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFMtAKtsCWDf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(94.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zimMf3B0S4c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(557.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z33s8hsOixXf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(146.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zC0flM4M8Uf7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWOdbAyfBYw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(798.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisition through business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zya2qFkMtkKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs0rSygyPwhb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQY06xCUOhY9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zY3PJBqftctk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0RqABCWjZC5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDfur8MWwq7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(398.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zb7Jx4T9dCy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,098.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zONbS28rlbJ5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(634.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlOsuPqiDc6j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zOY9116oTA9c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4,131.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSMeap2UZm6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;46.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVIGClUlY65k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,222.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zr0v8cREylg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;320.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZleOw2k896c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPibWIm4b9lc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,589.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTAoEMmeH1d7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;36.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU8bNy5CWZue" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zF0iEd1ndjsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zrc6kfMfXkT9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zy9aLaDTakpf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;43.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztemukLEXB2k" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEOZKnqWlewe" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(269.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zGCYWyvUOIt8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWtUoTvNXfV4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRlJYWNZTtjk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(278.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKRPzXlSzJPe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4,449.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPWe7FfMC0r9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(26,585.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZcPuH1sjJOc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,241.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zf8Kft78J6A2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG9ueTZJYx" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(37,277.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD92lJKkv96l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;243.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFuFg82yXChj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,311.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcQztDuCxC1d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;767.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDpIb69fKF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoR6t5abq0Wj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,322.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z20oIKC2kUO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(157.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlTP3JmvecXg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,938.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zx7vMIN3b1ge" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(647.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zu6p9fF89wue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zdk1WLNPdC98" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,743.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNMQjLx3XC3b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(436.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgl9ULimaD7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,161.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRDZ9J32MTsc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(579.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJpx7FAT5vNa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl2668"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zw7v2bbxejJg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4,177.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQEGCob2Yoik" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU7MjWih83rb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,515.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7IkESVuVgS6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;335.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs1kUK7ZpXt1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zUMXZAGlb5o6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,855.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSfw4shtqGoc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz6hRVQNJVz" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjN15zuH7O4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRcQoXTN74O5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1mxM96ClBza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;40.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbB7uKj7fCfc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVVi2sTeEwn6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(403.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zkObd932xXal" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl2696"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zP4sHBE2Ivhb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEEjFcX6LBta" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(404.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIEy2FMWtTNj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4,795.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zpqqEoPwboT6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(28,229.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9qou4ZXMKlj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,358.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbhDst8iWu4h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVXWVbBFVKLk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(39,383.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zsusdY60iVh7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,090.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zctkQyHJKxW6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;10,884.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAuSFSRRo52j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,285.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz7RDMGXK8Zi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,404.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcPOfhgUYVDj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;26,664.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7vztkbpoUW" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,698.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD2oW5sBu4pa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,589.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQUDciQ37hv9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,323.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zBOmAZIy8tgg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,350.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAD0OOeduWc6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;26,961.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The balances of fixed assets provided as security are
not material.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;Right-of-use asset:&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 52%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Machinery, equipment and vehicles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z8AtucGlz2a2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,791.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zo487D8GAKT" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,905.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zJ4o072Ih8E1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;175.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUytO7L1snIj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,873.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zgVn7vGJm2Yg" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;51.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z60IvhUkZhJe" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zh4Axxo4Ipkl" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zK3P6cmKBMue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;62.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zxRAf5YlkPgd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;803.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zsTQ3qlQuZU2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,409.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zaWhARS6fdxe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;71.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zG6ysg0dFb75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,284.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zvLrkF7TKLm2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(312.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zWoh81CRWFN" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,327.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zKPPIOEs0t6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(122.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzx0rS8EK5Bj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,762.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqraWIOe2z6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(27.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zlG3dSG6FGVb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(76.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKbMWyiqTbB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;90.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z2guAGMc5qAh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(13.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6Ul44Q65dk8" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,307.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMwOzkgOlN17" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,915.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zNrHf1X69n9b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;220.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zL9KLzztd49b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,443.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zwxWbkE0DhAk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(111.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv7HnTL1P5vd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z97Y7Tao6qnb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zr2zLfTZ7Efl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(128.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zIgvKR1xiWwa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;628.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zwRimQ3Rc34e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;915.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zfHouh9NH2dl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;94.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z9DvvQ5bHOt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,637.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zeGrFCrrwKN2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zdEKs3YZoOm4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(252.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zuvUbaS85JPk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zR0i1r0aLoU3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(263.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv67oAbNPDa5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(114.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z555wr3jmVR5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;21.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUoYHcxN01Ne" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzbkZaw9BOVa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(100.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBhkbTKz3n56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,698.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zszVUzN6dIbb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,587.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhljZNMfyQP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;302.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4N0Sy6Cpw2f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,588.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 52%"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Machinery, equipment and vehicles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Depreciation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqiiRH1sTuxg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(812.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zse5YoE0anj4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,017.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRzpTo2dfO2l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(126.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z99l9UyenQJ2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,957.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zbv7gHZmjQKb" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(19.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zYIFQVEjt1t5" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(24.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zGBhBh8xrkb4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(476.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zH5znmeEk8D5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(489.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpFCx9u4znal" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(58.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6DpozWiLCF5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,024.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zfqkli690KF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;205.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zlXAJs9GwoNi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;794.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zWEPACjJphe4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;109.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhEp5vPbIxza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,110.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers (from)/to other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ziowCmWNcR1e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;43.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(31.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl7dpKmvBjFk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zrRzPfUmr84f" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,101.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zXZgQ3BT9WTb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(670.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMDiqpKVhAQg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(110.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIRDf0s3siR" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,882.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRaFVp06YIi5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;47.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zFTgmLgjTDVh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;56.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBAgaAJlK4ce" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(391.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDEsDugOPlNl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(415.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z5ZkOQzLIlo2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(38.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4A55PKKxjA9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(845.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zWXv1N7vksL3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zc1viWyHtFch" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;58.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zBSXoacpuwQj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zULY1reLQmV9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers (from)/to other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zi1b0B776Ii" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;77.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zV9D5SVAuBIl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;99.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKr66Y6ZKCo1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,347.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zWss27nnSsPf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,010.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDbi9HJehZY6" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(135.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUnl97ra5fja" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,493.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zmhH5vDKlTS7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,206.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl28Pl5w27Ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,244.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIhe0xlvmF5a" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;110.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZgKYAYF6Tqf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,560.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zkyKZVSsmCIj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,350.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzgvedy0ubFf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,577.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDnSwBhgeu0d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;166.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpb09uMHr9k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,094.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A4_zMkoexleZwIl" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The average discount rate applied for IFRS 16, using
the incremental rate was as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--AverageDiscountRateAppliedForIFRS16TextBlock_pn5n6_zyL3inYFNdil" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Average Discount Rate Applied for IFRS 16 for January 1st (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_zyZjx1t1cIa8" style="display: none"&gt;Schedule of average discount rate applied for IFRS 16&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Rate %&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Lease Term&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 3%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;2022 - 2026&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zNp6Thr5LB2g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;9.46%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_ztaAO73erARc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;7.29%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zK9yI1WHh8I9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10.54%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;2027 - 2031&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zt8f2zVvZwY8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10.27%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_ziLrIhrq2G1c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;9.78%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zWUTr0SdNsP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;8.19%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;2032 - 2036&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_z0gTKo5HFzYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;15.16%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zUQcefq82x42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;14.47%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zgtRE6wKjEB3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10.97%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AD_z6cXqZ3mnqca" style="font: 10pt/115% Arial,sans-serif; margin: 0 0 10pt"&gt;&#160;&lt;/p&gt;








</ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_pn5n6_zCh4a8P1ltZc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Property, Plant and Equipment (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B3_zaJlukf5wtId" style="display: none"&gt;Schedule of property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 56%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIF3KvGgzguh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26,961.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhUM6IfcmU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26,664.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Right of use assets&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ztvXyhxTcy26" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,094.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZVhtGEhnPW2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,560.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20221231_zkK2tBNRNbj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;30,055.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherPropertyPlantAndEquipment_iI_pn5n6_c20211231_zUV6KTHvOXC8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;29,224.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:OtherPropertyPlantAndEquipment
      contextRef="AsOf2022-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember"
      decimals="-5"
      unitRef="BRL">26961300000</ifrs-full:OtherPropertyPlantAndEquipment>
    <ifrs-full:OtherPropertyPlantAndEquipment
      contextRef="AsOf2021-12-31_ifrs-full_PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember"
      decimals="-5"
      unitRef="BRL">26664000000.0</ifrs-full:OtherPropertyPlantAndEquipment>
    <ifrs-full:OtherPropertyPlantAndEquipment
      contextRef="AsOf2022-12-31_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember"
      decimals="-5"
      unitRef="BRL">3094500000</ifrs-full:OtherPropertyPlantAndEquipment>
    <ifrs-full:OtherPropertyPlantAndEquipment
      contextRef="AsOf2021-12-31_ifrs-full_PropertyPlantAndEquipmentSubjectToOperatingLeasesMember"
      decimals="-5"
      unitRef="BRL">2560300000</ifrs-full:OtherPropertyPlantAndEquipment>
    <ifrs-full:OtherPropertyPlantAndEquipment contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">30055800000</ifrs-full:OtherPropertyPlantAndEquipment>
    <ifrs-full:OtherPropertyPlantAndEquipment contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">29224300000</ifrs-full:OtherPropertyPlantAndEquipment>
    <abev:ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ReconciliationOfChangesInPropertyPlantAndEquipmentTextBlock_pn5n6_zjOWgxRVTpae" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROPERTY, PLANT AND EQUIPMENT - Reconciliation of Changes in Property, Plant and Equipment (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_z5uKTUtmBb9g" style="display: none"&gt;Schedule
    of Reconciliation of changes in property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 40%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Land and buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixtures and fittings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Under construction&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPRlYFJU5Fd" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,385.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWEMMgcpYtUk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;34,037.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzc5ZRYhODqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,219.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9bHWaLy3vPj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,830.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zliDt5xv2hYh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;56,472.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgYpk7vq5Fef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;54.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zK3wl4J9FT5c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;129.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwLRn93n45Dc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zHNMxJnSHCP9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zzRBoxIbu0Jd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;193.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zniuP4INng9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;544.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNwhBnngkr7j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,170.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWuuFmWl5TKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;216.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zfnMoa5msfq5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;148.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zltXLdeAOCp5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,079.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisition through business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zlRZqPJpinMe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zCTtZKESsvgf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;8.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_ztkJ38WKi36b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zDygeZFctxZ3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zGqUTrX0UTg6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisitions&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFsnwSegmRvj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z2htpC2wolml" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;960.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zwkgAhkDvKNf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;45.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZwC0Yun2n3i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6,294.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zM843HO4WAEj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,311.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zj0SVm7syQ0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(117.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAZrX8kjxy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,238.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNBukdBGpAv2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(360.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zORwUHlw1c53" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuMgfa0lIdk9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,719.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSSvbHiYCR99" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;662.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxJ4pfzRufj9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,402.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zd6idcSs8FTe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;401.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0rzDYwJR4ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,872.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1QjkMlPKFy5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(406.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbM9krXgAHs6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;13,539.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoS2q96i4rag" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;37,469.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLNzcHmnxhi6" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,526.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zCGGPVpLvYi8" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,404.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztoQ8n3D41P7" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;63,941.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKUOR3rI7Ap5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,075.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7wwVt1TUN15" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,378.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zN7HR3tj2vRk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(879.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zELQF0p9dul7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(360.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgF3ybgE4y94" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5,694.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG1MguOL0K11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;870.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc8nX6L7NaL2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,891.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z5eKQWIh5C4b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;744.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z91gATfNvYF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zLU0xd4Td2Oj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,758.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisitions&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJ1fRQgzoAkj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjdNdeLkU8Wh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,283.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcaiA6wLnMQl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;87.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcrXDro7i7ec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,923.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zYXCBeR16l6b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisitions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6,305.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSJjKlPT2TK" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(24.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zW38vCj0Y1Ij" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,531.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhwAfiLNZWT5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(349.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNOA0l2xmrs7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl2528"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhFPbtA5GGLe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,905.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWCiv2IhJRrh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,173.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKG99yG72OVi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,083.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zmfTCnWNTogk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;553.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zhNU4kYCrQjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5,870.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_znQ18cHgZmKb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,060.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zxvDKLm7t2Ma" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,494.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZAtrxzYZKb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;39,818.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z82o8pZu9AGc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,682.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9AgcuYfSpib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,350.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z4pOALLc5nq2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;66,345.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 40%"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Land and buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Plant and equipment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixtures and fittings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Under construction&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Depreciation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zARN6MXvM8Lh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,993.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPi8vPxnFnKk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(23,831.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQ7KZEREU4Ok" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5,795.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgcPjKY4tPpg" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTUJPAKbqCu1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(33,619.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVFkPHeBo37i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(39.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zc50gzXdySkl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(52.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zl1nSsyh1GB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQikLSS0rQ87" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWnZKHVBupOg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(81.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFMtAKtsCWDf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(94.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zimMf3B0S4c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(557.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z33s8hsOixXf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(146.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zC0flM4M8Uf7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWOdbAyfBYw9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(798.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Acquisition through business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zya2qFkMtkKg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs0rSygyPwhb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQY06xCUOhY9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zY3PJBqftctk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z0RqABCWjZC5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition through business combinations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDfur8MWwq7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(398.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zb7Jx4T9dCy8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,098.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zONbS28rlbJ5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(634.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlOsuPqiDc6j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zOY9116oTA9c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4,131.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSMeap2UZm6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;46.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVIGClUlY65k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,222.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zr0v8cREylg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;320.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZleOw2k896c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPibWIm4b9lc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,589.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zTAoEMmeH1d7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;36.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU8bNy5CWZue" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zF0iEd1ndjsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zrc6kfMfXkT9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zy9aLaDTakpf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;43.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_ztemukLEXB2k" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEOZKnqWlewe" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(269.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zGCYWyvUOIt8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zWtUoTvNXfV4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRlJYWNZTtjk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(278.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zKRPzXlSzJPe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4,449.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zPWe7FfMC0r9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(26,585.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zZcPuH1sjJOc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,241.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zf8Kft78J6A2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zG9ueTZJYx" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(37,277.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD92lJKkv96l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;243.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zFuFg82yXChj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,311.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcQztDuCxC1d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;767.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zuDpIb69fKF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zoR6t5abq0Wj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,322.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z20oIKC2kUO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(157.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zlTP3JmvecXg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,938.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zx7vMIN3b1ge" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(647.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zu6p9fF89wue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PropertyPlantAndEquipmentEffectOfAccountingPolicy_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zdk1WLNPdC98" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,743.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zNMQjLx3XC3b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(436.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zgl9ULimaD7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,161.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRDZ9J32MTsc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(579.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zJpx7FAT5vNa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl2668"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zw7v2bbxejJg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4,177.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposals and write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQEGCob2Yoik" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zU7MjWih83rb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,515.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7IkESVuVgS6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;335.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zs1kUK7ZpXt1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DisposalsAndWriteoffsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zUMXZAGlb5o6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposals and write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,855.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zSfw4shtqGoc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz6hRVQNJVz" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zjN15zuH7O4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zRcQoXTN74O5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z1mxM96ClBza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;40.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbB7uKj7fCfc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVVi2sTeEwn6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(403.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zkObd932xXal" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl2696"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zP4sHBE2Ivhb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zEEjFcX6LBta" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Impairment losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(404.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zIEy2FMWtTNj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4,795.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zpqqEoPwboT6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(28,229.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z9qou4ZXMKlj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,358.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zbhDst8iWu4h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zVXWVbBFVKLk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(39,383.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zsusdY60iVh7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,090.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zctkQyHJKxW6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;10,884.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAuSFSRRo52j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,285.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zz7RDMGXK8Zi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,404.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zcPOfhgUYVDj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;26,664.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_z7vztkbpoUW" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,698.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--PlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zD2oW5sBu4pa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,589.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--FixturesAndFittingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zQUDciQ37hv9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,323.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zBOmAZIy8tgg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,350.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember_zAD0OOeduWc6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;26,961.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The balances of fixed assets provided as security are
not material.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;Right-of-use asset:&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 52%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Machinery, equipment and vehicles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z8AtucGlz2a2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,791.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zo487D8GAKT" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,905.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zJ4o072Ih8E1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;175.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUytO7L1snIj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,873.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zgVn7vGJm2Yg" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;51.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z60IvhUkZhJe" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zh4Axxo4Ipkl" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zK3P6cmKBMue" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;62.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zxRAf5YlkPgd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;803.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zsTQ3qlQuZU2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,409.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zaWhARS6fdxe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;71.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zG6ysg0dFb75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,284.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zvLrkF7TKLm2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(312.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zWoh81CRWFN" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,327.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zKPPIOEs0t6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(122.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzx0rS8EK5Bj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,762.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqraWIOe2z6f" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(27.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zlG3dSG6FGVb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(76.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKbMWyiqTbB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;90.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z2guAGMc5qAh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(13.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6Ul44Q65dk8" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,307.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMwOzkgOlN17" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,915.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zNrHf1X69n9b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;220.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zL9KLzztd49b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,443.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zwxWbkE0DhAk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(111.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv7HnTL1P5vd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z97Y7Tao6qnb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zr2zLfTZ7Efl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(128.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zIgvKR1xiWwa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;628.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zwRimQ3Rc34e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;915.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zfHouh9NH2dl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;94.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AdditionsPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z9DvvQ5bHOt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,637.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zeGrFCrrwKN2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zdEKs3YZoOm4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(252.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zuvUbaS85JPk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zR0i1r0aLoU3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(263.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zv67oAbNPDa5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(114.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z555wr3jmVR5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;21.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUoYHcxN01Ne" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzbkZaw9BOVa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(100.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBhkbTKz3n56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,698.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zszVUzN6dIbb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,587.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhljZNMfyQP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;302.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4N0Sy6Cpw2f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,588.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 52%"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Buildings&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Machinery, equipment and vehicles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 12%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Depreciation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zqiiRH1sTuxg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(812.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zse5YoE0anj4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,017.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRzpTo2dfO2l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(126.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z99l9UyenQJ2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,957.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zbv7gHZmjQKb" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(19.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zYIFQVEjt1t5" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(24.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zGBhBh8xrkb4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(476.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zH5znmeEk8D5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(489.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpFCx9u4znal" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(58.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z6DpozWiLCF5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,024.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zfqkli690KF8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;205.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zlXAJs9GwoNi" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;794.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zWEPACjJphe4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;109.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zhEp5vPbIxza" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,110.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers (from)/to other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_ziowCmWNcR1e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;43.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(31.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl7dpKmvBjFk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zrRzPfUmr84f" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,101.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zXZgQ3BT9WTb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(670.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zMDiqpKVhAQg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(110.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIRDf0s3siR" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,882.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zRaFVp06YIi5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;47.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zFTgmLgjTDVh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;56.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Depreciation&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zBAgaAJlK4ce" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(391.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDEsDugOPlNl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(415.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z5ZkOQzLIlo2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(38.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DepreciationPropertyPlantAndEquipments_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_z4A55PKKxjA9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Depreciation"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(845.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Write-offs&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember_zWXv1N7vksL3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember_zc1viWyHtFch" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;58.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zBSXoacpuwQj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zULY1reLQmV9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-offs"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers (from)/to other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zi1b0B776Ii" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;77.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id=" " style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zV9D5SVAuBIl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;99.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zKr66Y6ZKCo1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,347.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zWss27nnSsPf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,010.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zDbi9HJehZY6" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(135.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zUnl97ra5fja" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,493.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zmhH5vDKlTS7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,206.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zl28Pl5w27Ul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,244.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zIhe0xlvmF5a" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;110.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20211231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zZgKYAYF6Tqf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,560.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zkyKZVSsmCIj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,350.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MachineryEquipmentAndVehiclesMember__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zzgvedy0ubFf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,577.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iI_pn5n6_c20221231__ifrs-full--PropertyPlantAndEquipmentByOperatingLeaseStatusAxis__ifrs-full--PropertyPlantAndEquipmentSubjectToOperatingLeasesMember_zpb09uMHr9k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Property, plant and equipment"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,094.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
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    &lt;td id="xdx_98D_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_ztaAO73erARc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;7.29%&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2022.2026Member_zK9yI1WHh8I9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10.54%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
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    &lt;td id="xdx_985_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zt8f2zVvZwY8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10.27%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_ziLrIhrq2G1c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;9.78%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2027.2031Member_zWUTr0SdNsP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;8.19%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;2032 - 2036&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20221231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_z0gTKo5HFzYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;15.16%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20211231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zUQcefq82x42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;14.47%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_iI_pip0_dp_c20201231__ifrs-full--MaturityAxis__custom--LeaseTerm2032.2036Member_zgtRE6wKjEB3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Rate %"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10.97%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:AverageDiscountRateAppliedForIFRS16TextBlock>
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      contextRef="AsOf2021-12-31_custom_LeaseTerm2022.2026Member"
      decimals="INF"
      unitRef="Pure">0.0729</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
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      contextRef="AsOf2020-12-31_custom_LeaseTerm2022.2026Member"
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      unitRef="Pure">0.1054</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
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      unitRef="Pure">0.0819</ifrs-full:WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16>
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    <ifrs-full:DisclosureOfGoodwillExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_801_eifrs-full--DisclosureOfGoodwillExplanatory_zawrusgwejKd" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;14.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_019"/&gt;&lt;span id="xdx_826_zuxDCVaXWXEi"&gt;GOODWILL&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfReconciliationOfChangesInGoodwillExplanatory_pn5n6_z4nsw5GGYe03" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Changes in the Period (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B0_znauQH3tHhRf" style="display: none"&gt;Schedule of reconciliation of changes in goodwill&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20220101__20221231_zOMf6FmRrH7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20210101__20211231_zHCIbgqxl0jb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 66%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--Goodwill_iS_z8tD6HlyR3lf" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Balance at the end of the previous year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42,411.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;40,023.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_zxrJtjwsGT84" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,510.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,255.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,709.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,092.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--IncreaseDecreaseThroughBusinessCombinationsGoodwill_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Acquisitions, (write-offs) and disposal through business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;40.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--Goodwill_iE_zj2gm7gLKzh2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Balance at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;40,594.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42,411.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AE_z25oYQ4TEMpj" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The carrying amount of goodwill was allocated to the
different CGU as follows:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_pn5n6_zzdQfZ42iMK4" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Carrying Amount of Goodwill Allocated to the Different Cash-generating Units (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_zHHCt2DvdMw" style="display: none"&gt;Schedule of carrying amount of goodwill&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Functional currency&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Brazil&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;BRL&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Goodwill_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zVDcfUUxkymi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;17,702.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_z32xiBA4Nb85" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;17,702.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Goodwill&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--GoodwillGrossAmount_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zgVZVDZDUScl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;102,945.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GoodwillGrossAmount_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zV9uq4vd43W7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;102,945.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&#160;Non-controlling transactions&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zQi0e4tmL4R2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(85,242.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zKfWHt3UvgU1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(85,242.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;CAC:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Dominican Republic&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;DOP&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zhRdGA9GhFEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,231.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zamPLQ0OTncd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,439.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Panama&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;PAB&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zwO3vBd4VaBj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,813.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zgKWUpJAFwh8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,939.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Latin America - South:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Argentina&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ARS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zHZ2Ncs6gZHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,463.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zo3iRmZ1rOZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,232.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bolivia&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;BOB&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zG49R1e8NFsf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,845.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zpmjbX0n5Umd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,973.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;CLP&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_z15TqvaAhI36" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;53.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zr1st4UtZBxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;57.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Paraguay&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;PYG&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zIdnCzoMXbQ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;953.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zqYyXtRjDh2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,083.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Uruguay&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;UYU&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--UruguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zUn3QFiwcBBd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;193.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--UruguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zunGo0JLVHPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;185.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;CAD&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--CanadaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Canada1Member_zl7bIme13yng" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;10,337.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--CanadaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Canada1Member_z8uBN30hWRlg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;11,797.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Goodwill_iI_pn5n6_c20221231_ziitezFHuhLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;40,594.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20211231_z4cEdzvKXaTd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42,411.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zR2hGsQ0h9r7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F17_zTiQB5QAkhEa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;This refers to the shareholding exchange transaction in 2013 as a result of the adoption of the predecessor basis of accounting.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8A8_zZ8IJ0K2zIoj" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify"&gt;The impairment testing of assets with indefinite useful
lives requires the use of a number of critical judgments, estimates and assumptions. Goodwill, which accounted for approximately &lt;span id="xdx_90A_ecustom--GoodwillPercentageOfTotalAssets_iI_pip0_dp_c20221231_zswIimsO22r8" title="Goodwill percentage of total assets"&gt;29&lt;/span&gt;% of
total assets, as at December 31, 2022 (&lt;span id="xdx_901_ecustom--GoodwillPercentageOfTotalAssets_iI_pip0_dp_c20211231_zQ1bLLRXTTCh" title="Goodwill percentage of total assets"&gt;31&lt;/span&gt;% as at December 31, 2021) is tested for impairment at the cash-generating unit level at least
annually. The cash-generating unit level is the lowest level at which assets are monitored for internal management purposes. When a business
combination occurs, assets with indefinite useful lives are allocated, from the acquisition date, to each business unit that is expected
to benefit from the synergies arising from the combination.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Annual impairment testing&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company cannot predict whether an event that could
trigger impairment will occur, when it will occur or how it will affect the value of the asset reported. The Company believes that all
of its estimates are reasonable, are consistent with the Company&#x2019;s internal reporting and reflect Management&#x2019;s best estimates.
However, inherent uncertainty exists which Management is not able to control. While changes in estimates could have a material impact
on the calculation of fair values, and trigger impairment,&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;the Company, based on the sensitivity analysis performed,
is not aware of any reasonably possible changes in key assumptions that would cause a business unit&#x2019;s carrying amount to exceed
its recoverable amount.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 2pt 0 0; text-align: justify"&gt;The Company completed its annual impairment testing
for goodwill based on the assumptions described below and concluded that no impairment charge was warranted.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The methodology used by the Company to determine
the recoverable value of all its CGUs is the net fair value of selling expenses, using multiples of the profit before financial result,
income tax and depreciation and amortization expenses (&#x201c;EBITDA&#x201d;), observed in the market for previous comparable business
transactions in the domestic and international brewing industry. The values &#x200b;&#x200b;used by the Company for this approach are based
on external sources of information. This measurement is classified at Level 2 of the fair value hierarchy, since the main source of information
used by the Company to determine the recoverable value was the EBITDA multiples of observable transactions involving comparable businesses.
As part of this multiples analysis, the Company has established that CGUs with invested capital that exceeds seven times their EBITDA
should have their recoverable value determined using the value-in-use approach, to determine whether the fair value less costs to sell
exceeds the carrying amount of the CGU. Based on the most recent analysis carried out by the Company, only Chile and Panama met this criterion.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Thus, for Brazil, Panama and Chile CGUs, the
Company also used discounted cash flow projections to determine the CGUs&#x2019; recoverable amounts, in order to corroborate the conclusions
reached by applying the fair value less disposal costs approach that he carrying amount of these CGUs does not exceed their recognized
accounting values. The selection of these CGUs considered quantitative and qualitative aspects, since only the Brazil CGU, which is the
most representative of the Company as a whole, and for Chile and Panama CGUs, have reached a multiple above the pre-determined parameter
related to EBITDA.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;b&gt;Sensitivity analysis &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Based on the probable scenario, a sensitivity analysis
was carried out for a 0.5 percentage point increase or decrease in the discount rate and growth rate. In any combination, the value of
the cash flow is higher than its book value. As a result of this&#160;analysis, there is no need to record any provision to impairment
from these assets.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The key judgments, estimates and key assumptions used
for the discounted free cash flow calculations for these CGUs were as follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Wingdings; font-size: 12pt"&gt;&#xa7;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;The first year of the model is based on management's best estimate of the free cash flow outlook for
the current year;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;






&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Wingdings; font-size: 12pt"&gt;&#xa7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; padding-right: 1.85pt"&gt;&lt;span style="font-size: 12pt"&gt;To the second year of the model, the free cash flow
is based on AB InBev's strategic plan, as approved by key management. AB&#160;InBev's strategic plan is prepared on a per country basis,
and is based on external sources of macroeconomic assumptions, industry trends, inflation and foreign exchange rates, past experience
and identified initiatives in terms of market share, revenue, variable and fixed costs, capital expenditure and working capital assumptions;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Wingdings; font-size: 12pt"&gt;&#xa7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; padding-right: 1.85pt"&gt;&lt;span style="font-size: 12pt"&gt;From the third to the tenth year of the model,
                                                                                                                            the cash flow is extrapolated using the growth in volumes, price indexes, and expected market share for each CGU. For the Chile and
                                                                                                                            Panama CGU, the best estimates from local Management were considered; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-family: Wingdings; font-size: 12pt"&gt;&#xa7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify; padding-right: 1.85pt"&gt;&lt;span style="font-size: 12pt"&gt;Projections are made in the functional currency of
the business unit and discounted at the unit's weighted average cost of capital (&#x201c;WACC&#x201d;), considering sensitivities of this
metric. &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 1.85pt 0 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;Based on the cash flow analysis, the growth rates applied ranged from &lt;span id="xdx_901_ecustom--GrowthRate_pip0_dp_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3rmYkQBjJW5" title="Growth rate"&gt;3.3&lt;/span&gt;%
to &lt;span id="xdx_907_ecustom--GrowthRate_pip0_dp_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zPWIf6AFmDw3" title="Growth rate"&gt;8.7&lt;/span&gt;%.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The nominal WACC applied in the local currency for each
CGU was as follows:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_zatjSSKXrtRg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Weighted Average Cost of Capital (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span id="xdx_8B1_zFDuJmsFoHyk" style="display: none"&gt;Schedule
    of local currency&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 79%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;&lt;b&gt;CGU&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 21%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zYEsq2sEQ3rj" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;11.4%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;Panama&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_z0Gik6cIXlph" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;10.0%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;Brazil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--BrazilMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zgYjjpie4Sc6" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;12.7%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A2_z9dNznSAZMd2" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Although Ambev believes that its judgments,
assumptions and estimates are appropriate, actual results may differ from these estimates based on different assumptions or
conditions of market or macroeconomic.&lt;/p&gt;

&lt;p style="font: 10pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;






</ifrs-full:DisclosureOfGoodwillExplanatory>
    <ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfReconciliationOfChangesInGoodwillExplanatory_pn5n6_z4nsw5GGYe03" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Changes in the Period (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B0_znauQH3tHhRf" style="display: none"&gt;Schedule of reconciliation of changes in goodwill&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_497_20220101__20221231_zOMf6FmRrH7h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20210101__20211231_zHCIbgqxl0jb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 66%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--Goodwill_iS_z8tD6HlyR3lf" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Balance at the end of the previous year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42,411.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;40,023.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesGoodwill_zxrJtjwsGT84" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,510.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,255.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--GoodwillAdjustmentAdoptionOfNewAccountingAdjustment_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,709.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,092.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--IncreaseDecreaseThroughBusinessCombinationsGoodwill_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Acquisitions, (write-offs) and disposal through business combinations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;40.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--Goodwill_iE_zj2gm7gLKzh2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Balance at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;40,594.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42,411.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfReconciliationOfChangesInGoodwillExplanatory>
    <ifrs-full:Goodwill contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">42411300000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">40023500000</ifrs-full:Goodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-3510600000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1255300000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesGoodwill>
    <abev:GoodwillAdjustmentAdoptionOfNewAccountingAdjustment
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">1709900000</abev:GoodwillAdjustmentAdoptionOfNewAccountingAdjustment>
    <abev:GoodwillAdjustmentAdoptionOfNewAccountingAdjustment
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">1092400000</abev:GoodwillAdjustmentAdoptionOfNewAccountingAdjustment>
    <abev:IncreaseDecreaseThroughBusinessCombinationsGoodwill
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-16600000</abev:IncreaseDecreaseThroughBusinessCombinationsGoodwill>
    <abev:IncreaseDecreaseThroughBusinessCombinationsGoodwill
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">40100000</abev:IncreaseDecreaseThroughBusinessCombinationsGoodwill>
    <ifrs-full:Goodwill contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">40594000000.0</ifrs-full:Goodwill>
    <ifrs-full:Goodwill contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">42411300000</ifrs-full:Goodwill>
    <ifrs-full:DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_pn5n6_zzdQfZ42iMK4" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Carrying Amount of Goodwill Allocated to the Different Cash-generating Units (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_zHHCt2DvdMw" style="display: none"&gt;Schedule of carrying amount of goodwill&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Functional currency&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Brazil&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;BRL&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Goodwill_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zVDcfUUxkymi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;17,702.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_z32xiBA4Nb85" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;17,702.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Goodwill&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--GoodwillGrossAmount_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zgVZVDZDUScl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;102,945.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GoodwillGrossAmount_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_zV9uq4vd43W7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, gross"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;102,945.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&#160;Non-controlling transactions&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20221231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zQi0e4tmL4R2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(85,242.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GoodwillNoncontrollingTransactions_iI_pn5n6_c20211231__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Brazil1Member_fKGkp_zKfWHt3UvgU1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill, non-controlling transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(85,242.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;CAC:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Dominican Republic&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;DOP&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zhRdGA9GhFEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,231.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--DominicanRepublicMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zamPLQ0OTncd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,439.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Panama&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;PAB&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zwO3vBd4VaBj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,813.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--CACMember_zgKWUpJAFwh8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,939.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Latin America - South:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Argentina&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ARS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zHZ2Ncs6gZHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,463.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ArgentinaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zo3iRmZ1rOZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,232.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bolivia&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;BOB&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zG49R1e8NFsf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,845.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--BoliviaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zpmjbX0n5Umd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,973.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;CLP&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_z15TqvaAhI36" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;53.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zr1st4UtZBxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;57.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Paraguay&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;PYG&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zIdnCzoMXbQ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;953.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--ParaguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zqYyXtRjDh2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,083.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Uruguay&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;UYU&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--UruguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zUn3QFiwcBBd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;193.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--UruguayMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--LatinAmericaSouthMember_zunGo0JLVHPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;185.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;CAD&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Goodwill_iI_pn5n6_c20221231__srt--StatementGeographicalAxis__custom--CanadaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Canada1Member_zl7bIme13yng" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;10,337.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Goodwill_iI_pn5n6_c20211231__srt--StatementGeographicalAxis__custom--CanadaMember__ifrs-full--IndividualAssetsOrCashgeneratingUnitsAxis__custom--Canada1Member_z8uBN30hWRlg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;11,797.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Goodwill_iI_pn5n6_c20221231_ziitezFHuhLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;40,594.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Goodwill_iI_pn5n6_c20211231_z4cEdzvKXaTd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Goodwill"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42,411.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zR2hGsQ0h9r7" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F17_zTiQB5QAkhEa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;This refers to the shareholding exchange transaction in 2013 as a result of the adoption of the predecessor basis of accounting.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</ifrs-full:DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_Brazil1Member"
      decimals="-5"
      unitRef="BRL">17702400000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_Brazil1Member"
      decimals="-5"
      unitRef="BRL">17702400000</ifrs-full:Goodwill>
    <abev:GoodwillGrossAmount
      contextRef="AsOf2022-12-31_custom_Brazil1Member"
      decimals="-5"
      unitRef="BRL">102945000000.0</abev:GoodwillGrossAmount>
    <abev:GoodwillGrossAmount
      contextRef="AsOf2021-12-31_custom_Brazil1Member"
      decimals="-5"
      unitRef="BRL">102945000000.0</abev:GoodwillGrossAmount>
    <abev:GoodwillNoncontrollingTransactions
      contextRef="AsOf2022-12-31_custom_Brazil1Member"
      decimals="-5"
      id="Fact002974"
      unitRef="BRL">-85242600000</abev:GoodwillNoncontrollingTransactions>
    <abev:GoodwillNoncontrollingTransactions
      contextRef="AsOf2021-12-31_custom_Brazil1Member"
      decimals="-5"
      id="Fact002976"
      unitRef="BRL">-85242600000</abev:GoodwillNoncontrollingTransactions>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_DominicanRepublicMember_custom_CACMember"
      decimals="-5"
      unitRef="BRL">4231600000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_DominicanRepublicMember_custom_CACMember"
      decimals="-5"
      unitRef="BRL">4439300000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_PanamaMember_custom_CACMember"
      decimals="-5"
      unitRef="BRL">1813800000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_PanamaMember_custom_CACMember"
      decimals="-5"
      unitRef="BRL">1939900000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_ArgentinaMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">3463000000.0</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_ArgentinaMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">3232600000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_BoliviaMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">1845600000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_BoliviaMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">1973900000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_ChileMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">53100000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_ChileMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">57400000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_ParaguayMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">953800000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_ParaguayMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">1083200000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_UruguayMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">193100000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_UruguayMember_custom_LatinAmericaSouthMember"
      decimals="-5"
      unitRef="BRL">185200000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2022-12-31_custom_CanadaMember_custom_Canada1Member"
      decimals="-5"
      unitRef="BRL">10337600000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill
      contextRef="AsOf2021-12-31_custom_CanadaMember_custom_Canada1Member"
      decimals="-5"
      unitRef="BRL">11797400000</ifrs-full:Goodwill>
    <ifrs-full:Goodwill contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">40594000000.0</ifrs-full:Goodwill>
    <ifrs-full:Goodwill contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">42411300000</ifrs-full:Goodwill>
    <abev:GoodwillPercentageOfTotalAssets contextRef="AsOf2022-12-31" decimals="INF" unitRef="Pure">0.29</abev:GoodwillPercentageOfTotalAssets>
    <abev:GoodwillPercentageOfTotalAssets contextRef="AsOf2021-12-31" decimals="INF" unitRef="Pure">0.31</abev:GoodwillPercentageOfTotalAssets>
    <abev:GrowthRate
      contextRef="From2022-01-012022-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      unitRef="Pure">0.033</abev:GrowthRate>
    <abev:GrowthRate
      contextRef="From2022-01-012022-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      unitRef="Pure">0.087</abev:GrowthRate>
    <ifrs-full:DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_zatjSSKXrtRg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GOODWILL - Weighted Average Cost of Capital (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span id="xdx_8B1_zFDuJmsFoHyk" style="display: none"&gt;Schedule
    of local currency&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 79%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;&lt;b&gt;CGU&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; width: 21%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--ChileMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zYEsq2sEQ3rj" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;11.4%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;Panama&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--PanamaMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_z0Gik6cIXlph" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;10.0%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;Brazil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--SignificantUnobservableInputAssets_iI_pip0_dp_uPure_c20221231__srt--StatementGeographicalAxis__custom--BrazilMember__ifrs-full--UnobservableInputsAxis__ifrs-full--WeightedAverageCostOfCapitalMeasurementInputMember_zgYjjpie4Sc6" style="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Weighted average cost of capital"&gt;&lt;span style="font-family: Times New Roman,serif"&gt;12.7%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory>
    <ifrs-full:SignificantUnobservableInputAssets
      contextRef="AsOf2022-12-31_custom_ChileMember_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember"
      decimals="INF"
      unitRef="Pure">0.114</ifrs-full:SignificantUnobservableInputAssets>
    <ifrs-full:SignificantUnobservableInputAssets
      contextRef="AsOf2022-12-31_custom_PanamaMember_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember"
      decimals="INF"
      unitRef="Pure">0.100</ifrs-full:SignificantUnobservableInputAssets>
    <ifrs-full:SignificantUnobservableInputAssets
      contextRef="AsOf2022-12-31_custom_BrazilMember_ifrs-full_WeightedAverageCostOfCapitalMeasurementInputMember"
      decimals="INF"
      unitRef="Pure">0.127</ifrs-full:SignificantUnobservableInputAssets>
    <ifrs-full:DisclosureOfIntangibleAssetsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_801_eifrs-full--DisclosureOfIntangibleAssetsExplanatory_zHII8xNqi2Vj" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;15.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_020"/&gt;&lt;span id="xdx_829_z416VT46Zhna"&gt;INTANGIBLES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 9pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_pn5n6_zlKBemVArlgi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTANGIBLES - Reconciliation of Changes in Intangible Assets (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BC_zi00CZXy5V47" style="display: none"&gt;Schedule
    of intangible assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Commercial&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 48%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Brands&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;intangibles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zdUArWLYTkN8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,653.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zFgeOpGB7FO8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,284.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGXkOaAWEMfi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,238.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zPlYU1hNjxJe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,100.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zP9yBLMnViM1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,276.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zjGEvNRPiFXb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;123.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zxZu65HOw7B6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;16.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGHlQAwfQnFj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(20.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ToLjqqUDNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zj9ntKDSfqe2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;114.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zWRtvkF0qIO3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;622.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zmrwJlmeQDN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;56.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zrRGiPObatF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;103.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zkl9IOMRAawi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;149.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zwVdDjhkKRqg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;931.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zw7liDQJxl7d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zuBzwKb4v0A" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zdg7VsPXDmlb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z7PGqIxnRVk4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;340.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKyDJIYSINKi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;366.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zNejsx3OPPu6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(31.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI6HZF135Ru8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z4UEnl9w5ph9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(13.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zqIj01NX2Jl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVTJRMna2Tzf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(44.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsuz8rlNaP0f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(39.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z0aTOUVR0uKj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(8.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zXqqSOb7tlR8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;625.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW1gZ7Ka0h4b" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(206.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zhLoceeL1thd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;370.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zCMvdIshiaM3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,329.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zsHJSgFEDAHc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,348.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZ8JQvbuHQi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,959.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW7RfREhw496" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,378.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z3GXyEqnMiu7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,014.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z8h5ehJTFgE3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,096.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zbgIZa85Pk5b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(114.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjZLGA94kc7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(351.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zjZlcMCHKKUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(308.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zK68i0y6YQFd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,870.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zSGBivdM1dc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;930.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zEHsjJD9EnVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;71.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z9GnRG8IUo5f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;338.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zuwceQCpG4Nb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;292.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znJY8O6rdEJl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,632.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zvNOZK44nBjc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zMjdulY2Wpe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zElPr3dL8dC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zSUX1bOKVSZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;220.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVYrsJchb77k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;227.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbA8rJkuYIXh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zOnQ0SarOXn2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zftGnTPzTY7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zfweYLy98bje" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zEPchHBfrqp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zW0cyXWQIFxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zG3ZkMQ7k31f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjX1xpwEnA4l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,400.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zE6NxfSv1A34" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(364.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z82nuXNtCLNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,039.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zhSM6K0TjKLj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,163.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zkB7qoiTcbg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,308.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zhLcMB2FwGY7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,353.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zGojVYeTsk7a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,218.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zl7C9ig7Hep9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,044.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 48%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 9%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 13%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Commercial&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Brands&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;intangibles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zQPEenF5GMyl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI84STufKmzf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,584.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zR9TjKieXbv3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,458.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zEdi6CFFnm0h" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(653.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zvOndh4Js4tb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4,696.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zne95UIz7yrc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_ztDv0wBVpMse" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zqMgTxTyjgt5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpXqgEHNsBsl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zZ4mw52ipYRd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;48.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zR9wKYvhC7Lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zcR72PJOOIb3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(56.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zAoKrYUrEJ7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(83.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z97Ir8hs1v04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(139.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z1C1h9wnawcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(279.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbWltTB3r0B5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z4KWQQLh84Mk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(58.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zoXQiRuhogIf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(299.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z1HVvVLRxh5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zaLpOnQ8RkEg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(404.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zOMYbKHUJKFl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zf32L83Bpuf3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zPB5xZc2NrO7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zt7qu0fXaP19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zUxnljIITkOi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zHBoXTzbSNCj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLiKS15RxZ8g" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;8.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2Z64b9myjo2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(16.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zcePMpKWfRc7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zyt6XM0e1d5k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(8.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zGWD376SGZ43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z5Pt3qqeAzBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,677.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z1b9mW7Zi571" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,829.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpcf34k5ZFBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(819.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zPF4UQpqLa4b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5,325.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zm246It4QkWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zCcv9K4K6x56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;69.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z55wVEbKPHjb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;220.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zX1pNKOChps7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;212.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za41Liljif1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;502.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zc56KvVzFd63" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUjvd13Wozh9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(71.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkjxXyCD4Jpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(211.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zvfj0FdFxUcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(215.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zmWeRE8U40l6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(498.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbfPWHEvpwjf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLR16ssren41" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(58.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zUp20bFIv3W2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(401.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z0oye8nOcM9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(43.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zreIu3rDM1lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(502.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z43HE6FOrNh1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUSlMRzI1jDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zQWznfZP7g2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zKKAtyEUefXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zfHZjNpUJlP" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsesMj5LCBV7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zSJsDJKJLJL7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zMGkHd82f0C2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zWOpXPRkqlz7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zsJCiZhXq8Ah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zBQbfshPFzCg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zBq0CLgNVvNe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,736.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zf7VSKv7bwb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,219.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zxGZOUJlynV" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(865.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zIJCA7VqjBdc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5,822.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_ziuoniY3WDD4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,329.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zT77Y7GUByB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;671.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkITPBl5VTja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,129.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zO1XQHNyI4Ci" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;559.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231_zclvVGEBnTN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;8,689.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zuZMc7Yn8fr5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,163.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zZUMcXFzCOJ4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;571.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z618GaQluPHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,134.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ATUKXe9nFa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;353.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231_znC5uCoYbhe7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,222.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A2_zogxzTKmOqyj" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The Company is the owner of some of the world&#x2019;s
leading brands in the beer industry. As a result, brands are expected to generate positive cash flow for as long as the Company owns the
brands, and accordingly they have been assigned indefinite useful lives. The most representative brands that have been recorded as a result
of the fair value determination of past acquisitions are &lt;i&gt;Quilmes&lt;/i&gt; in Argentina, &lt;i&gt;Pilsen&lt;/i&gt; in Paraguay, &lt;i&gt;Pace&#xf1;a&lt;/i&gt;
and &lt;i&gt;Huari&lt;/i&gt; in Bolivia and &lt;i&gt;Presidente &lt;/i&gt;and &lt;i&gt;Presidente Light&lt;/i&gt; in the Dominican Republic.&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;The carrying value of intangible assets with indefinite
useful lives classified as brands were allocated to the following CGUs:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory_pn5n6_zjl5xIan9ZUd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTANGIBLES - Intangible Assets by Location (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B2_zSHCgtSh59za" style="display: none"&gt;Schedule of carrying value of intangible assets with indefinite
useful lives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Argentina&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zb1Ly2ZATwx7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,019.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zWq9lQKI6IP" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,917.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bolivia&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z7nt2T2dItmj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;894.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z98cEYswX627" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;956.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_zfbMQyjje89d" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;206.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_z9vjC34ujeCj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;235.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zVRtanz6YC1i" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;78.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zKQyx5L8tMul" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Luxembourg&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zlmhehPPMkIl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;339.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zMP4OslGuRhd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;339.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Paraguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zPF2Ri3OTSoc" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;542.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zbm6UKPmPTK9" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;616.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Dominican Republic&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInTheDominicanRepublicMember_z72e95aLtgdk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,593.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInTheDominicanRepublicMember_zv5V5xuAgbfk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,670.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Panama&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInPanamaMember_znaxUZqrZGtd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;358.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInPanamaMember_zBLYeHqH1yl7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;383.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Uruguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInUruaguayMember_zzVGWHahbFa6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;130.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInUruaguayMember_z22XDGUqL0Ih" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;125.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231_zV7rzFcEjyX7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,163.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231_zuQYGrBG7zW" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,329.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_zkvmfxyVszS1" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Intangible assets with indefinite useful lives have been tested
for impairment on a CGU level basis, which is consistent with the approach described in Note 14 - &lt;i&gt;Goodwill&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 10pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfIntangibleAssetsExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_pn5n6_zlKBemVArlgi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTANGIBLES - Reconciliation of Changes in Intangible Assets (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BC_zi00CZXy5V47" style="display: none"&gt;Schedule
    of intangible assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Commercial&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 48%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Brands&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;intangibles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zdUArWLYTkN8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5,653.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zFgeOpGB7FO8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,284.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGXkOaAWEMfi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,238.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zPlYU1hNjxJe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,100.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zP9yBLMnViM1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,276.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zjGEvNRPiFXb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;123.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zxZu65HOw7B6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;16.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zGHlQAwfQnFj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(20.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ToLjqqUDNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zj9ntKDSfqe2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;114.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zWRtvkF0qIO3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;622.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zmrwJlmeQDN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;56.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zrRGiPObatF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;103.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zkl9IOMRAawi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;149.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zwVdDjhkKRqg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;931.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zw7liDQJxl7d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zuBzwKb4v0A" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zdg7VsPXDmlb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z7PGqIxnRVk4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;340.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zKyDJIYSINKi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;366.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zNejsx3OPPu6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(31.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI6HZF135Ru8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z4UEnl9w5ph9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(13.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zqIj01NX2Jl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVTJRMna2Tzf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(44.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsuz8rlNaP0f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(39.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z0aTOUVR0uKj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(8.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zXqqSOb7tlR8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;625.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW1gZ7Ka0h4b" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(206.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zhLoceeL1thd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;370.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zCMvdIshiaM3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,329.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zsHJSgFEDAHc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,348.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZ8JQvbuHQi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,959.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zW7RfREhw496" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,378.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z3GXyEqnMiu7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,014.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z8h5ehJTFgE3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,096.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zbgIZa85Pk5b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(114.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjZLGA94kc7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(351.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zjZlcMCHKKUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(308.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zK68i0y6YQFd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,870.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zSGBivdM1dc2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;930.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zEHsjJD9EnVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;71.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z9GnRG8IUo5f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;338.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zuwceQCpG4Nb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;292.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_znJY8O6rdEJl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,632.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Additions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zvNOZK44nBjc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zMjdulY2Wpe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zElPr3dL8dC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zSUX1bOKVSZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;220.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zVYrsJchb77k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;227.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbA8rJkuYIXh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zOnQ0SarOXn2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zftGnTPzTY7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zfweYLy98bje" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zEPchHBfrqp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zW0cyXWQIFxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zG3ZkMQ7k31f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zjX1xpwEnA4l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,400.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zE6NxfSv1A34" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(364.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z82nuXNtCLNc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,039.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zhSM6K0TjKLj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,163.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zkB7qoiTcbg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,308.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zhLcMB2FwGY7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,353.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zGojVYeTsk7a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,218.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zl7C9ig7Hep9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,044.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 48%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 9%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center; width: 13%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Commercial&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; width: 10%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Brands&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;intangibles&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zQPEenF5GMyl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zI84STufKmzf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,584.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zR9TjKieXbv3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,458.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zEdi6CFFnm0h" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(653.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20201231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zvOndh4Js4tb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4,696.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zne95UIz7yrc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_ztDv0wBVpMse" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zqMgTxTyjgt5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpXqgEHNsBsl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zZ4mw52ipYRd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;48.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zR9wKYvhC7Lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zcR72PJOOIb3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(56.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zAoKrYUrEJ7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(83.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z97Ir8hs1v04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(139.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_z1C1h9wnawcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(279.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbWltTB3r0B5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z4KWQQLh84Mk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(58.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zoXQiRuhogIf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(299.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z1HVvVLRxh5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zaLpOnQ8RkEg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(404.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zOMYbKHUJKFl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zf32L83Bpuf3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zPB5xZc2NrO7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zt7qu0fXaP19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zUxnljIITkOi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zHBoXTzbSNCj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLiKS15RxZ8g" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;8.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2Z64b9myjo2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(16.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zcePMpKWfRc7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20210101__20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zyt6XM0e1d5k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(8.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zGWD376SGZ43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_z5Pt3qqeAzBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,677.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z1b9mW7Zi571" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,829.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zpcf34k5ZFBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(819.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zPF4UQpqLa4b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, beginning balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5,325.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zm246It4QkWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zCcv9K4K6x56" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;69.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z55wVEbKPHjb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;220.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zX1pNKOChps7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;212.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_za41Liljif1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;502.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effects of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zc56KvVzFd63" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUjvd13Wozh9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(71.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkjxXyCD4Jpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(211.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zvfj0FdFxUcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(215.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IntangibleAssetsOtherThanGoodwillAdjustmentDueToAdoptionOfAccountingPronouncement_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zmWeRE8U40l6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(498.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Amortization&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zbfPWHEvpwjf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zLR16ssren41" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(58.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zUp20bFIv3W2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(401.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z0oye8nOcM9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(43.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zreIu3rDM1lf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amortization"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(502.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Disposal&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_z43HE6FOrNh1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zUSlMRzI1jDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zQWznfZP7g2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zKKAtyEUefXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zfHZjNpUJlP" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Disposal"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Transfers from/(to) other asset categories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zsesMj5LCBV7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zSJsDJKJLJL7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zMGkHd82f0C2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_d0_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zWOpXPRkqlz7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_pn5n6_c20220101__20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zsJCiZhXq8Ah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers from/(to) other asset categories"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_d0_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--BrandNamesMember_zBQbfshPFzCg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--CommercialIntangiblesMember_zBq0CLgNVvNe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,736.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zf7VSKv7bwb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,219.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_zxGZOUJlynV" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(865.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zIJCA7VqjBdc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5,822.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
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    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zkITPBl5VTja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,129.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20211231_zclvVGEBnTN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;8,689.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
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    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z618GaQluPHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,134.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--OthersMember_z9ATUKXe9nFa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;353.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IntangibleAssetsOtherThanGoodwill_iI_pn5n6_c20221231_znC5uCoYbhe7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets, final balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,222.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
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      unitRef="BRL">671200000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="AsOf2021-12-31_ifrs-full_ComputerSoftwareMember"
      decimals="-5"
      unitRef="BRL">1129700000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="AsOf2021-12-31_custom_OthersMember"
      decimals="-5"
      unitRef="BRL">559100000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">8689000000.0</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="AsOf2022-12-31_ifrs-full_BrandNamesMember"
      decimals="-5"
      unitRef="BRL">6163100000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="AsOf2022-12-31_custom_CommercialIntangiblesMember"
      decimals="-5"
      unitRef="BRL">571700000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="AsOf2022-12-31_ifrs-full_ComputerSoftwareMember"
      decimals="-5"
      unitRef="BRL">2134100000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill
      contextRef="AsOf2022-12-31_custom_OthersMember"
      decimals="-5"
      unitRef="BRL">353300000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IntangibleAssetsOtherThanGoodwill contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">9222200000</ifrs-full:IntangibleAssetsOtherThanGoodwill>
    <ifrs-full:DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory_pn5n6_zjl5xIan9ZUd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTANGIBLES - Intangible Assets by Location (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B2_zSHCgtSh59za" style="display: none"&gt;Schedule of carrying value of intangible assets with indefinite
useful lives&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 29%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Argentina&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zb1Ly2ZATwx7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,019.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInArgentinaMember_zWq9lQKI6IP" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,917.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bolivia&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z7nt2T2dItmj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;894.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInBoliviaMember_z98cEYswX627" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;956.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_zfbMQyjje89d" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;206.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInCanadaMember_z9vjC34ujeCj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;235.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Chile&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zVRtanz6YC1i" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;78.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInChileMember_zKQyx5L8tMul" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Luxembourg&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zlmhehPPMkIl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;339.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInLuxembourgMember_zMP4OslGuRhd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;339.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Paraguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zPF2Ri3OTSoc" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;542.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInParaguayMember_zbm6UKPmPTK9" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;616.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Dominican Republic&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInTheDominicanRepublicMember_z72e95aLtgdk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,593.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInTheDominicanRepublicMember_zv5V5xuAgbfk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,670.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Panama&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInPanamaMember_znaxUZqrZGtd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;358.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInPanamaMember_zBLYeHqH1yl7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;383.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Uruguay&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInUruaguayMember_zzVGWHahbFa6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;130.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231__ifrs-full--IntangibleAssetsWithIndefiniteUsefulLifeAxis__custom--IntangibleAssetsInUruaguayMember_z22XDGUqL0Ih" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;125.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20221231_zV7rzFcEjyX7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,163.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IntangibleAssetsWithIndefiniteUsefulLife_iI_pn5n6_c20211231_zuQYGrBG7zW" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Intangible assets with indefinite useful life"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,329.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfIntangibleAssetsWithIndefiniteUsefulLifeExplanatory>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInArgentinaMember"
      decimals="-5"
      unitRef="BRL">2019200000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInArgentinaMember"
      decimals="-5"
      unitRef="BRL">1917100000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInBoliviaMember"
      decimals="-5"
      unitRef="BRL">894500000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInBoliviaMember"
      decimals="-5"
      unitRef="BRL">956700000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInCanadaMember"
      decimals="-5"
      unitRef="BRL">206400000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInCanadaMember"
      decimals="-5"
      unitRef="BRL">235200000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInChileMember"
      decimals="-5"
      unitRef="BRL">78500000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInChileMember"
      decimals="-5"
      unitRef="BRL">84800000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInLuxembourgMember"
      decimals="-5"
      unitRef="BRL">339600000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInLuxembourgMember"
      decimals="-5"
      unitRef="BRL">339600000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInParaguayMember"
      decimals="-5"
      unitRef="BRL">542700000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInParaguayMember"
      decimals="-5"
      unitRef="BRL">616300000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInTheDominicanRepublicMember"
      decimals="-5"
      unitRef="BRL">1593000000.0</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInTheDominicanRepublicMember"
      decimals="-5"
      unitRef="BRL">1670400000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInPanamaMember"
      decimals="-5"
      unitRef="BRL">358800000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInPanamaMember"
      decimals="-5"
      unitRef="BRL">383800000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2022-12-31_custom_IntangibleAssetsInUruaguayMember"
      decimals="-5"
      unitRef="BRL">130400000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife
      contextRef="AsOf2021-12-31_custom_IntangibleAssetsInUruaguayMember"
      decimals="-5"
      unitRef="BRL">125100000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">6163100000</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">6329000000.0</ifrs-full:IntangibleAssetsWithIndefiniteUsefulLife>
    <abev:DisclosureOfInvestmentSecuritiesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_804_ecustom--DisclosureOfInvestmentSecuritiesTextBlock_zKlKiHrfOTt9" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;16.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_021"/&gt;&lt;span id="xdx_826_zHMEkhxHmfng"&gt;INVESTMENT SECURITIES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfInvestmentSecuritiesPortionsTextBlock_pn5n6_zSwzBvXezUS" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVESTMENT SECURITIES - Portions of Investment Securities (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_z3XPPKtBmiU7" style="display: none"&gt;Schedule
    of investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20221231_zP56ImQIBSN2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20211231_zzcjkShCTrE2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 62%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--DebtInstrumentsHeld_iI_maNHIzS5U_zW6g8HFcoIP3" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Investment on debt securities&#160;&lt;sup id="xdx_F4E_zAornXYuIuM9"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;219.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;192.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--NoncurrentHeldtomaturityInvestments_iTI_mtNHIzS5U_maISzLym_zePN5ByXyLe9" style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current investment securities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;219.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;192.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_iI_maCIzPMc_ziRQ3r36WL96" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial assets at fair value through profit or loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--CurrentInvestments_iTI_mtCIzPMc_maISzLym_zqNQOvS2U2c7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current investment securities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;454.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,914.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--InvestmentSecurities_iTI_mtISzLym_zm1ZDDiCHmv4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;673.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,107.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F07_zI6AhYyQuoOh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F13_zlesEqIJr5oh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The balance refers substantially to financial investments linked to tax incentives that do not have immediate&#160;convertibility into&#160;a
known amount&#160;of&#160;cash.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8A8_zRzqJ61DMq67" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</abev:DisclosureOfInvestmentSecuritiesTextBlock>
    <abev:DisclosureOfInvestmentSecuritiesPortionsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfInvestmentSecuritiesPortionsTextBlock_pn5n6_zSwzBvXezUS" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVESTMENT SECURITIES - Portions of Investment Securities (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_z3XPPKtBmiU7" style="display: none"&gt;Schedule
    of investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20221231_zP56ImQIBSN2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20211231_zzcjkShCTrE2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 62%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--DebtInstrumentsHeld_iI_maNHIzS5U_zW6g8HFcoIP3" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Investment on debt securities&#160;&lt;sup id="xdx_F4E_zAornXYuIuM9"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;219.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;192.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--NoncurrentHeldtomaturityInvestments_iTI_mtNHIzS5U_maISzLym_zePN5ByXyLe9" style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current investment securities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;219.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;192.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading_iI_maCIzPMc_ziRQ3r36WL96" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial assets at fair value through profit or loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--CurrentInvestments_iTI_mtCIzPMc_maISzLym_zqNQOvS2U2c7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current investment securities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;454.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,914.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--InvestmentSecurities_iTI_mtISzLym_zm1ZDDiCHmv4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;673.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,107.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F07_zI6AhYyQuoOh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F13_zlesEqIJr5oh" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The balance refers substantially to financial investments linked to tax incentives that do not have immediate&#160;convertibility into&#160;a
known amount&#160;of&#160;cash.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</abev:DisclosureOfInvestmentSecuritiesPortionsTextBlock>
    <ifrs-full:DebtInstrumentsHeld
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      decimals="-5"
      id="Fact003363"
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    <ifrs-full:DebtInstrumentsHeld
      contextRef="AsOf2021-12-31"
      decimals="-5"
      id="Fact003364"
      unitRef="BRL">192900000</ifrs-full:DebtInstrumentsHeld>
    <ifrs-full:NoncurrentHeldtomaturityInvestments contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">219100000</ifrs-full:NoncurrentHeldtomaturityInvestments>
    <ifrs-full:NoncurrentHeldtomaturityInvestments contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">192900000</ifrs-full:NoncurrentHeldtomaturityInvestments>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">454500000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1914600000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTrading>
    <ifrs-full:CurrentInvestments contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">454500000</ifrs-full:CurrentInvestments>
    <ifrs-full:CurrentInvestments contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1914600000</ifrs-full:CurrentInvestments>
    <abev:InvestmentSecurities contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">673600000</abev:InvestmentSecurities>
    <abev:InvestmentSecurities contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">2107500000</abev:InvestmentSecurities>
    <abev:DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_807_ecustom--DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock_zUcZfJufINzj" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;17.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_022"/&gt;&lt;span id="xdx_82F_zRgYFPj72L5d"&gt;DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 9pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Deferred taxes for income tax and social contribution
taxes are calculated on temporary differences between the tax bases of these taxes and the accounting calculations of the Company, which
include tax losses. The tax rates in Brazil, which are expected to be applicable upon the realization of the deferred taxes, are 25% for
income tax and 9% for social contribution. For other regions in which the Company operates, the expected nominal rates are as follows:&lt;/p&gt;

&lt;p style="font: 9pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock_pn5n6_zDNrAoW9J2cl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Applied Rates (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zZDouOoBSu1k" style="display: none"&gt;Schedule of expected nominal rates&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Central America and the Caribbean&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;from &lt;span id="xdx_90E_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z93Mtymp6pWi" title="Applied rates"&gt;15&lt;/span&gt;% to &lt;span id="xdx_90C_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z2YpLDd3x5v3" title="Applied rates"&gt;27&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Latin America - South &lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;from &lt;span id="xdx_902_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zIPOZkWqoLG9" title="Applied rates"&gt;10&lt;/span&gt;% to &lt;span id="xdx_90B_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmrH8yFqDmZb" title="Applied rates"&gt;35&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;&lt;span id="xdx_90F_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CanadaMember_z5RohoV7fima" title="Applied rates"&gt;26.5&lt;/span&gt;% &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Luxembourg&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;&lt;span id="xdx_906_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LuxembourgMember_zD8v7vMcfLA7" title="Applied rates"&gt;24.94&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Amendments to Argentine tax legislation enacted in June 2021 and applicable from January 2021 increased the income tax rate from &lt;span id="xdx_909_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210601__20210630__srt--StatementGeographicalAxis__custom--ArgentineMember_zxN5spX2ToVk" title="Applicable tax rate, first two years after legislation changes"&gt;30&lt;/span&gt;%
to &lt;span id="xdx_908_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210101__20210131__srt--StatementGeographicalAxis__custom--ArgentineMember_zCq58oUZUBKj" title="Applicable tax rate, first two years after legislation changes"&gt;35&lt;/span&gt;%.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8A5_zNNjp3ZUovMh" style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Deferred tax assets are recognized to the extent that
it is probable that future taxable profits are probable, which may be offset against recorded temporary differences at December 31, 2022.&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;The details of the amount of deferred income tax and social contribution
by type of temporary difference are as follows:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_eifrs-full--DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_pn5n6_zALQzU7vkEe8" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Income Tax and Social Contribution by Type of Temporary Difference (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BE_z8HljKrz1Y5j" style="display: none"&gt;Schedule of deferred income tax&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zdK3RMtutW62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zeq3qNOPFps2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zudsWweEBIfi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zLqeUkmEufW8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zoxFwSfRIUDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zuctewar5Hd7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Intangible&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zM94D7HCopfd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zqdkktdQpPPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,690.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zfPnNo7Z4gHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,690.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zN63AyDb6RLa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zLIh54UMjvi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,634.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zvcdh5AEz591" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,634.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Employee benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zK0QfrRuIO11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;951.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zZF5aYObz8G7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zJFGDUPJrRC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;951.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zQp8vyJzmEOf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,278.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zwXOOAWPqhMi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zsk15DjRIrze" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,276.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJ3LNGiT1gN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,232.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_ztfvPQhEDkUd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z7Y3HoZoErl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,229.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zPsBJgc5mrD" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,113.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z6q40KsLBaz2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJdLyGmaphW3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,112.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zFrei5kh0Idg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;38.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zu7OWEro1yG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zJ6QxwwXQtT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zvIUf88xwSV4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zeHnuZCoYg69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl3457"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zRpURLBVjsD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zaac8aC9fG1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;95.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zcuyS9r2w8Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(44.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zKfpZEdOirD2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zyJZLRybRKS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;232.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zWUc4QKrI0h1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(72.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zxlP3ltDviQ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;159.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-Bearing Loans and Borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zAVa1YNYA93h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zep7IhL8KE3j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zMzi5J1QR8q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zZVJ1hF11sab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z6oFSY18c8l8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1kwesiRdlli" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inventories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zAReztFDmd5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;413.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zO0d7KZD5a28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(139.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zrAXxaFw0Z03" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;274.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z6jDmrn3GVSj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;328.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zJ07RXLPy0Nh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(49.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zRGc4WachSnc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;279.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zwIHce3r3o95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;899.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zvUtzoLnSR6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,177.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zCymp9pxQyid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,277.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_z2gYIlOydxIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;645.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zR5m2SJeMT97" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,027.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zOf45JKTP1da" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,381.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Withholding tax on undistributed profits and royalties&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpcM8pO8Aq92" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zcWYKnRLBrj1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,877.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpzvqCP6J964" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,877.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zqnGdKCypcol" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zBtTDYVdnxNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,079.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zt4VWLoYGe4d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,079.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments in joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zH49yzGu8v71" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zjkBGvRPDFu8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zOvX6eXsAUk7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zIYf7yD83JJf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zuClhM9sISc7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zVdeYVbOgh5k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Losses carried forward&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zn88BxXRuA4i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,660.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zZkhCUxWygh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zwAOjBIeS5vb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,660.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zLY5kr2NS905" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,298.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zsEPCdheEuwd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zb2ln2JD4Ew8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,298.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_z90pEIIbF3Hl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;819.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zdO392LZKkP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zlKmNoxqS6G9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;819.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zKf1phQsOYvb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;696.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zVGUsP5vQ6W8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zHtu9c1m7Bn" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;696.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impact of the adoption of IFRS 16 (Leases)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zhkS3nQi9V86" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;35.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwDtBWoEMHj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_z3ypYjKtJVsj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zZL7bmmp5wVc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zqc09q9yaLy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zfXBJFtYn8j3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ICMS on the assessment bases of PIS/COFINS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zwh0oKCrObRf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zEnMIRt8RDsh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zZuiFIdDIvqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zaLqB6gGEaZ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zHpBtrl649l9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,019.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_ztvQszTxop96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,019.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other items&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z95c6gn6DDtg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;260.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zIsEpaG7dtfg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(164.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znBhqbJnUHb9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;96.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zNKMbG9bwB3l" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;110.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zWRUBDdcjfel" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(19.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zmrQjZPxaf48" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;90.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Gross deferred tax assets/(liabilities)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231_zIun48GAm7X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,415.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231_zqmmvdxqe2Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,701.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z0cjIoErjDX6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,713.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231_zRWnerxUko72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;8,845.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231_zrYkb3Rebj1b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(7,331.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zuta56xCvUO5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,513.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Netting by taxable entity&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn5n6_c20220101__20221231_zUOxbqMT36he" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,976.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_pn5n6_c20220101__20221231_zr7hedNNr3Y5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,976.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn5n6_c20210101__20211231_z4yvHQNcVhA1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4,117.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxExpenseIncomesRecognisedInProfitOrLoss_pn5n6_c20210101__20211231_zGYOgY0hWHf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Netting by taxable entity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,117.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Net deferred tax assets/(liabilities)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20221231_zeXFSLt9Qc15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,438.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20221231_zrKy6S8hXW04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,725.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z7e1wwfDRtUl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,713.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20211231_zG38PZ2YC3rj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,727.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20211231_zvUU8hiZxMr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,214.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_z1nbUnZdQQRi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,513.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AA_zRUREyvSCswd" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;The Company only reclassifies the balances of
deferred income tax and social contribution assets against liabilities to a net presentation basis when the applicable compensation criteria
are met.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The critical estimates of Ambev&#x2019;s Management, as well
the main contingent liabilities related to uncertainty about the tax treatment of income, are disclosed in Notes 3 (i) and 30, respectively.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;As at December 31, 2022 the deferred tax assets and liabilities
related to combined tax losses which are expected to be utilized or settled using temporary differences, as follows:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfTheRealizationOfDeferredTaxAssetsAndLiabilitiesTextBlock_pn5n6_zhgCOiQAhUWi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Taxes Not Related to Tax Losses (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_zRyB8thJZLb6" style="display: none"&gt;Schedule of deferred tax assets and liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 50%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Deferred taxes not related to tax losses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;to be realized within 12 months&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;to be realized after 12 months&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zRF6bZrKBAT5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zQtYzjGEMuue" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_znvmPoNbVfxh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Intangible&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zHnXxI7aVynd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_ztyVYPTz3Cf6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,688.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zQw5YeA9EnW4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,690.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Employee benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zAaLNhqEbspe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;230.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zLq68RoGe0il" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;720.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_z4IC1LbU5DP7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;951.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zh52Fypx0Lp1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(209.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zHAhnXXMODMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,439.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zRNWX4N7xofl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,229.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zEOlwMkdrUbd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;25.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zGFM2SF7ir2l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zdSvPdOGFsr3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zPFasiuGxy9f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(199.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zn7xs0R6EbA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;250.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zXrlP6Px7dYa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-bearing loans and borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zBAq8nyCOumg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zkhFup4jV4u2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1Pm1duRzay4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inventories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zXNfA6g37zz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;403.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zS5IJUBCYv8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(128.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z04clfJBjSBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;274.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zrusJ4lyFMp8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;51.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zMNSjHhzYoZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,329.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zHX1nhnmuHC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,277.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Withholding tax on undistributed profits and royalties&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zSr1BNIHZFvg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(172.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_z3Ssz5bNy6H6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,704.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zhPlKwtN06o6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,877.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments in joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zvJD8YK1R4Vd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zDQYbFzDX8P6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zO3DthDzvBw2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zJDbJP2Q6cab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;465.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zvUMjVZvSNKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;354.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zoIeSoMWtOHa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;819.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impact of the adoption of IFRS 16 (Leases)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwUTeGZVG6eh" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zDmggwxqZaDa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zKrbsRdOTmbk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ICMS on the assessment bases of PIS/COFINS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zrxoaTjsfQt3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_z6E0JaM1ZL02" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zy0VP8SsRUE4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other items&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z8GErL6lPh01" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;29.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zqJMsQabO1P" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;67.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znT7w1qQgQ3h" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;96.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zmhXkVHS1Xng" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;621.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zhHljUufO15c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(569.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zJlBUUAFb84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;52.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A2_zS5RSEoR6rOg" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;



&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The majority of tax losses and negative social contribution
bases on which deferred income tax and social contribution were calculated do not have a statute of limitations. The use of credits related
to tax losses is based on the projected future existence of taxable profits, limited to 30% of taxable income for the year, according
to the actual figures for prior years, and the projections of the Company's business in the economies in which they are located, and thus
is in compliance with the applicable fiscal and accounting rules.&lt;/p&gt;

&lt;p style="font: 7pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock_pn5n6_zOR5vppYtzk6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Tax Related to Tax Losses (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;p style="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"&gt;&lt;span id="xdx_8B2_z6eAI85JIogk" style="display: none"&gt;Schedule of deferred tax realization related to tax losses&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 75%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Deferred tax related to tax losses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2023&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1mUtxgPJSBi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;256.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2024&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zuI8HpCTQEJj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;168.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2025&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1CKcDfPcG3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;102.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2026&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanThreeYearsAndNotLaterThanFoursYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zpoZcdyLju5g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;106.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2027&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zH6ChPDhUXoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,146.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2028 a 2030&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanFiveYearsAndNotLaterThanEightYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zXCoRtqngca7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;799.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;2031 a 2032&#160;&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanEightYearsAndNotLaterThanTenYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_fKGkp_zmoqNPrDoQJg" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;79.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zUHLahlFMdVg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,660.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/150% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/150% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zwNdxxv7OrN2" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F18_ztFgl6Y0hAw1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;There is no expectation of realization beyond a term of ten years.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8A6_zIOmtpj3wiLc" style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;As at December 31, 2022, the tax credits related to
accumulated tax losses in the amount of R$&lt;span id="xdx_90E_ecustom--TaxCreditRelatedToTaxLosses_iI_pn5n6_c20221231_zZTu0FPPbzXe" title="Tax credit related to tax losses"&gt;875.3&lt;/span&gt;
(R$&lt;span id="xdx_907_ecustom--TaxCreditRelatedToTaxLosses_iI_pn5n6_c20211231_zN07aJkEGYB6" title="Tax credit related to tax losses"&gt;1,055.6&lt;/span&gt;
in 2021) were not recorded, as realization is not probable.&lt;/p&gt;

&lt;p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A significant portion of the deferred tax asset related
to tax losses amount does not have any limits on carrying forward or utilization, and the tax losses carried forward in relation to credit
are equivalent to R$&lt;span id="xdx_904_ecustom--TaxLossesCarriedForwardInRelationToCredit_iI_pn5n6_c20221231_zaoXC8nuvsv8" title="Tax loses carried forward in relation to credit"&gt;3,359.5&lt;/span&gt; in 2022 (R$&lt;span id="xdx_90E_ecustom--TaxLossesCarriedForwardInRelationToCredit_iI_pn5n6_c20211231_z9xK0tuGPJvb" title="Tax loses carried forward in relation to credit"&gt;4,122.5&lt;/span&gt; in 2021).&lt;/p&gt;

&lt;p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The net change in deferred income tax and social contribution
is as follows:&lt;/p&gt;

&lt;p style="font: 7pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock_pn5n6_zgWGzhNw0E6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Net Change in Deferred Income Tax and Social Contribution (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zdGxWvanxyl9" style="display: none"&gt;Schedule of net change in deferred income tax and social contribution&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 81%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20201231_z9yeaS2S7tw9" style="white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,517.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognition of actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zhGKKP3KsLw5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(116.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Investment hedge &#x2013; put option granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zHySQChFDVA4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investment hedge - put option of a subsidiary interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(99.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash flow hedge &#x2013; gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_z4A96SxPvrq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedge - gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(239.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains/(losses) on translation of other foreign operations&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zqtugtlT9yb4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;398.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in other comprehensive income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zcXkQS3UiUT9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(58.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in the income statement&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20210101__20211231_zelwvuAr6KOg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;632.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Changes directly in the balance sheet&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20210101__20211231_zLYI3g5HOka8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(577.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in deferred tax&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20210101__20211231_zHMAYgBbiaS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(256.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20210101__20211231_zYl8CmWwz7N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(256.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in other balance sheet group&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20210101__20211231_zwGvej4ygU23" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other balance sheet group"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(321.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zmLk4oekWqCl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,513.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognition of actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zODTGSOACl5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(146.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Investment hedge &#x2013; put option granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zV3GybfPWBNb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investment hedge - put option of a subsidiary interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(105.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash flow hedge &#x2013; gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zNp7sPOO0n7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedge - gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;41.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains/(losses) on translation of other foreign operations&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zyv0jcNYAjwf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(419.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in other comprehensive income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zICU3OjJqBb8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(629.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in the income statement&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20220101__20221231_ztlmd8rHMzLh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,374.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Changes directly in the balance sheet&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20220101__20221231_zzBmRne1s1Bc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(545.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in deferred tax&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20220101__20221231_zy3hNNiPIcm9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(595.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20220101__20221231_zzb8FWS3dO2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(595.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in other balance sheet group&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20220101__20221231_zmjdd0K19b45" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other balance sheet group"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;50.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z1GKvltkbDIe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,713.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_z6sXK5SUsF0j" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;








</abev:DisclosureOfDeferredIncomeTaxAndSocialContributionTextBlock>
    <abev:DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock_pn5n6_zDNrAoW9J2cl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Applied Rates (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zZDouOoBSu1k" style="display: none"&gt;Schedule of expected nominal rates&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Central America and the Caribbean&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;from &lt;span id="xdx_90E_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z93Mtymp6pWi" title="Applied rates"&gt;15&lt;/span&gt;% to &lt;span id="xdx_90C_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CentralAmericaAndTheCaribbeanMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z2YpLDd3x5v3" title="Applied rates"&gt;27&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Latin America - South &lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;from &lt;span id="xdx_902_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zIPOZkWqoLG9" title="Applied rates"&gt;10&lt;/span&gt;% to &lt;span id="xdx_90B_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LatinAmericaSouthMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmrH8yFqDmZb" title="Applied rates"&gt;35&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Canada&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;&lt;span id="xdx_90F_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--CanadaMember_z5RohoV7fima" title="Applied rates"&gt;26.5&lt;/span&gt;% &lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Luxembourg&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;&lt;span id="xdx_906_ecustom--TaxRateEffectOfTaxLossesAndSocialContributions_pip0_dp_c20220101__20221231__srt--StatementGeographicalAxis__custom--LuxembourgMember_zD8v7vMcfLA7" title="Applied rates"&gt;24.94&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Amendments to Argentine tax legislation enacted in June 2021 and applicable from January 2021 increased the income tax rate from &lt;span id="xdx_909_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210601__20210630__srt--StatementGeographicalAxis__custom--ArgentineMember_zxN5spX2ToVk" title="Applicable tax rate, first two years after legislation changes"&gt;30&lt;/span&gt;%
to &lt;span id="xdx_908_ecustom--ApplicableTaxRateFirstTwoYearsAfterLegislationChanges_pip0_dp_c20210101__20210131__srt--StatementGeographicalAxis__custom--ArgentineMember_zCq58oUZUBKj" title="Applicable tax rate, first two years after legislation changes"&gt;35&lt;/span&gt;%.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</abev:DisclosureOfTheAppliedRatesForDeferredIncomeAndSocialContributionTextBlock>
    <abev:TaxRateEffectOfTaxLossesAndSocialContributions
      contextRef="From2022-01-012022-12-31_custom_CentralAmericaAndTheCaribbeanMember_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      unitRef="Pure">0.15</abev:TaxRateEffectOfTaxLossesAndSocialContributions>
    <abev:TaxRateEffectOfTaxLossesAndSocialContributions
      contextRef="From2022-01-012022-12-31_custom_CentralAmericaAndTheCaribbeanMember_ifrs-full_TopOfRangeMember"
      decimals="INF"
      unitRef="Pure">0.27</abev:TaxRateEffectOfTaxLossesAndSocialContributions>
    <abev:TaxRateEffectOfTaxLossesAndSocialContributions
      contextRef="From2022-01-012022-12-31_custom_LatinAmericaSouthMember_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      unitRef="Pure">0.10</abev:TaxRateEffectOfTaxLossesAndSocialContributions>
    <abev:TaxRateEffectOfTaxLossesAndSocialContributions
      contextRef="From2022-01-012022-12-31_custom_LatinAmericaSouthMember_ifrs-full_TopOfRangeMember"
      decimals="INF"
      unitRef="Pure">0.35</abev:TaxRateEffectOfTaxLossesAndSocialContributions>
    <abev:TaxRateEffectOfTaxLossesAndSocialContributions
      contextRef="From2022-01-012022-12-31_custom_CanadaMember"
      decimals="INF"
      unitRef="Pure">0.265</abev:TaxRateEffectOfTaxLossesAndSocialContributions>
    <abev:TaxRateEffectOfTaxLossesAndSocialContributions
      contextRef="From2022-01-012022-12-31_custom_LuxembourgMember"
      decimals="INF"
      unitRef="Pure">0.2494</abev:TaxRateEffectOfTaxLossesAndSocialContributions>
    <abev:ApplicableTaxRateFirstTwoYearsAfterLegislationChanges
      contextRef="From2021-06-012021-06-30_custom_ArgentineMember"
      decimals="INF"
      unitRef="Pure">0.30</abev:ApplicableTaxRateFirstTwoYearsAfterLegislationChanges>
    <abev:ApplicableTaxRateFirstTwoYearsAfterLegislationChanges
      contextRef="From2021-01-012021-01-31_custom_ArgentineMember"
      decimals="INF"
      unitRef="Pure">0.35</abev:ApplicableTaxRateFirstTwoYearsAfterLegislationChanges>
    <ifrs-full:DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_eifrs-full--DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_pn5n6_zALQzU7vkEe8" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Income Tax and Social Contribution by Type of Temporary Difference (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BE_z8HljKrz1Y5j" style="display: none"&gt;Schedule of deferred income tax&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 42%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zdK3RMtutW62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zeq3qNOPFps2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zudsWweEBIfi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zLqeUkmEufW8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zoxFwSfRIUDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInSecuritiesMember_zuctewar5Hd7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Intangible&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zM94D7HCopfd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zqdkktdQpPPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,690.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zfPnNo7Z4gHi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,690.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zN63AyDb6RLa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zLIh54UMjvi7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,634.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesIntangiblesMember_zvcdh5AEz591" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,634.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Employee benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zK0QfrRuIO11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;951.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zZF5aYObz8G7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zJFGDUPJrRC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;951.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zQp8vyJzmEOf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,278.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zwXOOAWPqhMi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesEmployeeBenefitsMember_zsk15DjRIrze" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,276.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJ3LNGiT1gN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,232.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_ztfvPQhEDkUd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z7Y3HoZoErl9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,229.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zPsBJgc5mrD" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,113.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_z6q40KsLBaz2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zJdLyGmaphW3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,112.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zFrei5kh0Idg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;38.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zu7OWEro1yG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zJ6QxwwXQtT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zvIUf88xwSV4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zeHnuZCoYg69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl3457"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zRpURLBVjsD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zaac8aC9fG1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;95.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zcuyS9r2w8Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(44.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zKfpZEdOirD2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zyJZLRybRKS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;232.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zWUc4QKrI0h1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(72.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zxlP3ltDviQ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;159.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-Bearing Loans and Borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zAVa1YNYA93h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zep7IhL8KE3j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zMzi5J1QR8q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zZVJ1hF11sab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z6oFSY18c8l8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1kwesiRdlli" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inventories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zAReztFDmd5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;413.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zO0d7KZD5a28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(139.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zrAXxaFw0Z03" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;274.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z6jDmrn3GVSj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;328.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zJ07RXLPy0Nh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(49.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zRGc4WachSnc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;279.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zwIHce3r3o95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;899.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zvUtzoLnSR6b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,177.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zCymp9pxQyid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,277.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_z2gYIlOydxIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;645.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zR5m2SJeMT97" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,027.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zOf45JKTP1da" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,381.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Withholding tax on undistributed profits and royalties&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpcM8pO8Aq92" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zcWYKnRLBrj1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,877.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zpzvqCP6J964" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,877.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zqnGdKCypcol" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zBtTDYVdnxNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,079.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zt4VWLoYGe4d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,079.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments in joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zH49yzGu8v71" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zjkBGvRPDFu8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zOvX6eXsAUk7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zIYf7yD83JJf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zuClhM9sISc7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zVdeYVbOgh5k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Losses carried forward&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zn88BxXRuA4i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,660.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zZkhCUxWygh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zwAOjBIeS5vb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,660.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zLY5kr2NS905" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,298.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zsEPCdheEuwd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zb2ln2JD4Ew8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,298.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_z90pEIIbF3Hl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;819.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DeferredTaxsLiabilities_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zdO392LZKkP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zlKmNoxqS6G9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;819.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zKf1phQsOYvb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;696.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zVGUsP5vQ6W8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zHtu9c1m7Bn" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;696.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impact of the adoption of IFRS 16 (Leases)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zhkS3nQi9V86" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;35.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwDtBWoEMHj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_z3ypYjKtJVsj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zZL7bmmp5wVc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zqc09q9yaLy" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zfXBJFtYn8j3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ICMS on the assessment bases of PIS/COFINS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zwh0oKCrObRf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zEnMIRt8RDsh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zZuiFIdDIvqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxAssets_iI_pn5n6_d0_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zaLqB6gGEaZ5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zHpBtrl649l9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,019.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_ztvQszTxop96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,019.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other items&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_z95c6gn6DDtg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;260.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zIsEpaG7dtfg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(164.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_znBhqbJnUHb9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;96.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zNKMbG9bwB3l" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;110.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zWRUBDdcjfel" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(19.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesOtherItemsMember_zmrQjZPxaf48" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;90.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
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    &lt;td id="xdx_989_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20221231_zIun48GAm7X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,415.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DeferredTaxsLiabilities_iI_pn5n6_c20221231_zqmmvdxqe2Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,701.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z0cjIoErjDX6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,713.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_98E_eifrs-full--DeferredTaxAssets_iI_pn5n6_c20211231_zRWnerxUko72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gross deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;8,845.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zuta56xCvUO5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,513.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
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    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z7e1wwfDRtUl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,713.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_986_eifrs-full--NetDeferredTaxAssets_iI_pn5n6_c20211231_zG38PZ2YC3rj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,727.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NetDeferredTaxLiabilities1_iI_pn5n6_c20211231_zvUU8hiZxMr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,214.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_z1nbUnZdQQRi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax liabilities"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,513.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
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  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zh52Fypx0Lp1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(209.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zHAhnXXMODMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,439.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradePayablesMember_zRNWX4N7xofl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,229.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zEOlwMkdrUbd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;25.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zGFM2SF7ir2l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesTradeReceivableMember_zdSvPdOGFsr3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zPFasiuGxy9f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(199.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zn7xs0R6EbA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;250.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesDerivativesMember_zXrlP6Px7dYa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-bearing loans and borrowings&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zBAq8nyCOumg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_zkhFup4jV4u2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInterestbearingLoansAndBorrowingsMember_z1Pm1duRzay4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inventories&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zXNfA6g37zz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;403.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_zS5IJUBCYv8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(128.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInventoriesMember_z04clfJBjSBh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;274.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Property, plant and equipment&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zrusJ4lyFMp8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;51.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zMNSjHhzYoZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,329.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesPropertyPlantAndEquipmentMember_zHX1nhnmuHC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,277.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Withholding tax on undistributed profits and royalties&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zSr1BNIHZFvg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(172.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_z3Ssz5bNy6H6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,704.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesWithholdingTaxOverUndistributedProfitsAndRoyaltiesMember_zhPlKwtN06o6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,877.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments in joint ventures&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zvJD8YK1R4Vd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zDQYbFzDX8P6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesInvestmentsInJointVenturesMember_zO3DthDzvBw2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(421.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zJDbJP2Q6cab" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;465.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zvUMjVZvSNKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;354.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TemporaryDifferencesProvisionsMember_zoIeSoMWtOHa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;819.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Impact of the adoption of IFRS 16 (Leases)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zwUTeGZVG6eh" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zDmggwxqZaDa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ImpactOfAdoptionOfIFRSAccountingPolicyMember_zKrbsRdOTmbk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ICMS on the assessment bases of PIS/COFINS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_d0_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zrxoaTjsfQt3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_z6E0JaM1ZL02" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSFromTheAssessmentBasesOfPISCOFINSMember_zy0VP8SsRUE4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(168.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zhHljUufO15c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(569.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--DeferredTaxesNotRelatedToTaxLossesMember_zJlBUUAFb84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net deferred tax assets / (liabilities)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;52.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

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    <abev:DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--DisclosureOfDeferredTaxRealizationRelatedToTaxLossesTextBlock_pn5n6_zOR5vppYtzk6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Deferred Tax Related to Tax Losses (Details)"&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;p style="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"&gt;&lt;span id="xdx_8B2_z6eAI85JIogk" style="display: none"&gt;Schedule of deferred tax realization related to tax losses&lt;/span&gt;&lt;/p&gt;
&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 75%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Deferred tax related to tax losses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
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  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2024&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zuI8HpCTQEJj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;168.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2025&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_z1CKcDfPcG3h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;102.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2026&lt;/span&gt;&lt;/td&gt;
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  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2027&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zH6ChPDhUXoa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,146.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2028 a 2030&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanFiveYearsAndNotLaterThanEightYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zXCoRtqngca7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;799.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;2031 a 2032&#160;&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanEightYearsAndNotLaterThanTenYearsMember__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_fKGkp_zmoqNPrDoQJg" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;79.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--UnusedTaxLossesMember_zUHLahlFMdVg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred Tax Related to Tax Losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,660.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/150% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/150% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zwNdxxv7OrN2" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F18_ztFgl6Y0hAw1" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;There is no expectation of realization beyond a term of ten years.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


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      contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_ifrs-full_UnusedTaxLossesMember"
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      contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_ifrs-full_UnusedTaxLossesMember"
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      unitRef="BRL">102900000</ifrs-full:DeferredTaxLiabilityAsset>
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      contextRef="AsOf2022-12-31_custom_LaterThanThreeYearsAndNotLaterThanFoursYearsMember_ifrs-full_UnusedTaxLossesMember"
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      unitRef="BRL">106600000</ifrs-full:DeferredTaxLiabilityAsset>
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      unitRef="BRL">1146600000</ifrs-full:DeferredTaxLiabilityAsset>
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      contextRef="AsOf2022-12-31_custom_LaterThanFiveYearsAndNotLaterThanEightYearsMember_ifrs-full_UnusedTaxLossesMember"
      decimals="-5"
      unitRef="BRL">799500000</ifrs-full:DeferredTaxLiabilityAsset>
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      contextRef="AsOf2022-12-31_custom_LaterThanEightYearsAndNotLaterThanTenYearsMember_ifrs-full_UnusedTaxLossesMember"
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      decimals="-5"
      unitRef="BRL">2660700000</ifrs-full:DeferredTaxLiabilityAsset>
    <abev:TaxCreditRelatedToTaxLosses contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">875300000</abev:TaxCreditRelatedToTaxLosses>
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    <abev:DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock_pn5n6_zgWGzhNw0E6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - DEFERRED INCOME TAX AND SOCIAL CONTRIBUTION - Net Change in Deferred Income Tax and Social Contribution (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zdGxWvanxyl9" style="display: none"&gt;Schedule of net change in deferred income tax and social contribution&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 81%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20201231_z9yeaS2S7tw9" style="white-space: nowrap; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,517.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognition of actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zhGKKP3KsLw5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(116.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Investment hedge &#x2013; put option granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zHySQChFDVA4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investment hedge - put option of a subsidiary interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(99.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash flow hedge &#x2013; gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_z4A96SxPvrq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedge - gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(239.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains/(losses) on translation of other foreign operations&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zqtugtlT9yb4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;398.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in other comprehensive income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20210101__20211231_zcXkQS3UiUT9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(58.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in the income statement&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20210101__20211231_zelwvuAr6KOg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;632.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Changes directly in the balance sheet&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20210101__20211231_zLYI3g5HOka8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(577.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in deferred tax&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20210101__20211231_zHMAYgBbiaS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(256.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20210101__20211231_zYl8CmWwz7N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(256.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in other balance sheet group&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20210101__20211231_zwGvej4ygU23" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other balance sheet group"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(321.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20211231_zmLk4oekWqCl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,513.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognition of actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zODTGSOACl5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognition of actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(146.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Investment hedge &#x2013; put option granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncomeTaxRelatingToHedgesOfInvestmentsRegardingPutOptionsOfASubsidiaryInterestInEquityInstrumentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zV3GybfPWBNb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investment hedge - put option of a subsidiary interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(105.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash flow hedge &#x2013; gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zNp7sPOO0n7c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedge - gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;41.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains/(losses) on translation of other foreign operations&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zyv0jcNYAjwf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on translation of other foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(419.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in other comprehensive income&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn5n6_c20220101__20221231_zICU3OjJqBb8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(629.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Recognized in the income statement&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DeferredTaxExpenseIncomes_pn5n6_c20220101__20221231_ztlmd8rHMzLh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in the income statement"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,374.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Changes directly in the balance sheet&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--TotalChangesRelatedToDeferredIncomeTaxAndSocialContributionsAffectingTheBalanceSheet_pn5n6_c20220101__20221231_zzBmRne1s1Bc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes directly in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(545.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in deferred tax&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DirectChangesToDeferredTaxAndLiabilitiesInTheBalanceSheet_pn5n6_c20220101__20221231_zy3hNNiPIcm9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in deferred tax"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(595.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--ChangesInDeferredTaxRelatedToAdoptionOfNewAccountingPolicyRecognisedInTheBalanceSheet_pn5n6_c20220101__20221231_zzb8FWS3dO2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of application of IAS 29 (hyperinflation)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(595.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Recognized in other balance sheet group&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet_pn5n6_c20220101__20221231_zmjdd0K19b45" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Recognized in other balance sheet group"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;50.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--DeferredTaxLiabilityAsset_iI_pn5n6_c20221231_z1GKvltkbDIe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,713.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfTheReconciliationOfChangesInDeferredTaxLiabilityAssetTextBlock>
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      unitRef="BRL">-146900000</ifrs-full:IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome>
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      unitRef="BRL">41300000</ifrs-full:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome>
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      contextRef="From2022-01-01to2022-12-31"
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      decimals="-5"
      unitRef="BRL">50300000</abev:ChangesRelatedToDeferredTaxRecognizedInOtherInTheBalanceSheet>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2713100000</ifrs-full:DeferredTaxLiabilityAsset>
    <abev:RecoverableTaxesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_807_ecustom--RecoverableTaxesTextBlock_zMJJ2PKpAO9d" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;18.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_023"/&gt;&lt;span id="xdx_82E_zff9pJSKHQx6"&gt;RECOVERABLE TAXES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ClassificationsOfRecoverableTaxesTextBlock_pn5n6_zDnMb20b0438" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RECOVERABLE TAXES - Recoverable Taxes (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BA_z5z3GJzCTJp1" style="display: none"&gt;Schedule of Classifications of recoverable taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;PIS/COFINS exclusion of ICMS&#160;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zIpwDxa6CePl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,992.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zvZ7vl3oP9ui" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,360.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ICMS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zLvdnNQbM2o5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;423.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zaQhWklrPDw6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;383.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zFNvDeP3k1d1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;292.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zUEDZCzbVtW3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;261.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231_zA57BvihBRnj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,708.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231_zDchNz1G25C1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,005.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;PIS/COFINS exclusion of ICMS&#160;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zTSr7BSHgvuj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;73.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zjUo8HvVBTS2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;517.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;PIS/COFINS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zXKKHzyWsmz6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;242.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zjbHyy8863P1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;648.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ICMS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_z5N9jRnMwjC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;542.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zOAi46NJQ8R3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;565.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;IPI&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zGIP2o4BuPrl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;131.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zjUYH3nhvZrd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;168.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_ztiqTTBoPKrg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;55.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zOjdHQ4FTpse" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;81.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231_zTdsUuSybF1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,044.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231_zbhXIqZoEHxc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,981.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20221231_zGjh3RufzCP7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,753.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20211231_zCKNCaEdtHL2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,986.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F01_zkdWdzfgDeQa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1A_ziwqKuv4qZVd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;As detailed in Note 30 - &lt;i&gt;Contingencies&lt;/i&gt;, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS from
the calculation basis. The corresponding entry for recognition is recorded in the item PIS/COFINS - exclusion of ICMS, according
to the table above.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AD_zCEYAzRTZljj" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</abev:RecoverableTaxesTextBlock>
    <abev:ClassificationsOfRecoverableTaxesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ClassificationsOfRecoverableTaxesTextBlock_pn5n6_zDnMb20b0438" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RECOVERABLE TAXES - Recoverable Taxes (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BA_z5z3GJzCTJp1" style="display: none"&gt;Schedule of Classifications of recoverable taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;PIS/COFINS exclusion of ICMS&#160;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zIpwDxa6CePl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,992.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zvZ7vl3oP9ui" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,360.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ICMS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zLvdnNQbM2o5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;423.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zaQhWklrPDw6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;383.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zFNvDeP3k1d1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;292.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zUEDZCzbVtW3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;261.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20221231_zA57BvihBRnj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,708.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsNoncurrent_iI_pn5n6_c20211231_zDchNz1G25C1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;6,005.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;PIS/COFINS exclusion of ICMS&#160;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zTSr7BSHgvuj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;73.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PISCOFINSExclusionOfICMSMember_fKGkp_zjUo8HvVBTS2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;517.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;PIS/COFINS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zXKKHzyWsmz6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;242.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--PiscofinsMember_zjbHyy8863P1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;648.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ICMS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_z5N9jRnMwjC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;542.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ICMSMember_zOAi46NJQ8R3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;565.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;IPI&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zGIP2o4BuPrl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;131.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--IPIMember_zjUYH3nhvZrd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;168.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_ztiqTTBoPKrg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;55.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zOjdHQ4FTpse" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;81.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20221231_zTdsUuSybF1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,044.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--RecoverableTaxCreditAssetsCurrent_iI_pn5n6_c20211231_zbhXIqZoEHxc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;1,981.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20221231_zGjh3RufzCP7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,753.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--RecoverableTaxCreditAssets_iI_pn5n6_c20211231_zCKNCaEdtHL2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;7,986.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F01_zkdWdzfgDeQa" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1A_ziwqKuv4qZVd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;As detailed in Note 30 - &lt;i&gt;Contingencies&lt;/i&gt;, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS from
the calculation basis. The corresponding entry for recognition is recorded in the item PIS/COFINS - exclusion of ICMS, according
to the table above.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</abev:ClassificationsOfRecoverableTaxesTextBlock>
    <abev:RecoverableTaxCreditAssetsNoncurrent
      contextRef="AsOf2022-12-31_custom_PISCOFINSExclusionOfICMSMember"
      decimals="-5"
      id="Fact003800"
      unitRef="BRL">5992800000</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsNoncurrent
      contextRef="AsOf2021-12-31_custom_PISCOFINSExclusionOfICMSMember"
      decimals="-5"
      id="Fact003802"
      unitRef="BRL">5360000000.0</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsNoncurrent
      contextRef="AsOf2022-12-31_custom_ICMSMember"
      decimals="-5"
      unitRef="BRL">423200000</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsNoncurrent
      contextRef="AsOf2021-12-31_custom_ICMSMember"
      decimals="-5"
      unitRef="BRL">383600000</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsNoncurrent
      contextRef="AsOf2022-12-31_ifrs-full_OtherTemporaryDifferencesMember"
      decimals="-5"
      unitRef="BRL">292800000</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsNoncurrent
      contextRef="AsOf2021-12-31_ifrs-full_OtherTemporaryDifferencesMember"
      decimals="-5"
      unitRef="BRL">261800000</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsNoncurrent contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">6708800000</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsNoncurrent contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">6005400000</abev:RecoverableTaxCreditAssetsNoncurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2022-12-31_custom_PISCOFINSExclusionOfICMSMember"
      decimals="-5"
      id="Fact003816"
      unitRef="BRL">73500000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2021-12-31_custom_PISCOFINSExclusionOfICMSMember"
      decimals="-5"
      id="Fact003818"
      unitRef="BRL">517000000.0</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2022-12-31_custom_PiscofinsMember"
      decimals="-5"
      unitRef="BRL">242700000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2021-12-31_custom_PiscofinsMember"
      decimals="-5"
      unitRef="BRL">648500000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2022-12-31_custom_ICMSMember"
      decimals="-5"
      unitRef="BRL">542200000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2021-12-31_custom_ICMSMember"
      decimals="-5"
      unitRef="BRL">565600000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2022-12-31_custom_IPIMember"
      decimals="-5"
      unitRef="BRL">131000000.0</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2021-12-31_custom_IPIMember"
      decimals="-5"
      unitRef="BRL">168600000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2022-12-31_ifrs-full_OtherTemporaryDifferencesMember"
      decimals="-5"
      unitRef="BRL">55400000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent
      contextRef="AsOf2021-12-31_ifrs-full_OtherTemporaryDifferencesMember"
      decimals="-5"
      unitRef="BRL">81400000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">1044800000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssetsCurrent contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1981100000</abev:RecoverableTaxCreditAssetsCurrent>
    <abev:RecoverableTaxCreditAssets contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">7753600000</abev:RecoverableTaxCreditAssets>
    <abev:RecoverableTaxCreditAssets contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">7986500000</abev:RecoverableTaxCreditAssets>
    <ifrs-full:DisclosureOfInventoriesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_804_eifrs-full--DisclosureOfInventoriesExplanatory_zdlsyyRSEJvg" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;19.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_024"/&gt;&lt;span id="xdx_828_zuej1J6Uk2g"&gt;INVENTORY&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfInventoryComponentsTextBlock_pn5n6_z6aZibZOq5Th" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVENTORY - Schedule of Inventory (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B2_zXmbsUQxxuYi" style="display: none"&gt;Schedule of inventory components&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49D_20221231_zaIWFMeGhw36" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20211231_ziHhcEYnAvoc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 65%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--FinishedGoods_iI_maIzle7_z0qJszrCi4Q2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Finished goods&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,094.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,626.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--WorkInProgress_iI_maIzle7_zXQ0vJVhyZZh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Work in progress&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;845.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;672.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--RawMaterials_iI_maIzle7_z0xMgUuOU2l9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Raw materials and consumables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;6,798.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,306.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--SpareParts_iI_maIzle7_zqxu2Wjx5Ag2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Spare parts and others&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;986.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;906.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--CurrentPrepayments_iI_maIzle7_zGj53u329t2a" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Prepayments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;358.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;645.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--InventoriesImpairmentLosses_iNI_di_msIzle7_zmrUHIdfWrY4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(160.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(157.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--Inventories_iTI_mtIzle7_zuAe8BdFh8Q4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;12,923.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;11,000.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A8_zPWBhOn4CjAk" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The changes in impairment losses on inventory, are as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_znhN1ggF9t53" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVENTORY - Changes in Impairment Losses on Inventory (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B9_zMkjkEztqHf4" style="display: none"&gt;Schedule of changes in impairment losses on inventory&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zHNtKqw97Qvg" style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2020"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(141.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zp4diperCFC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(2.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NewProvisionsOtherProvisions_iN_pn5n6_di_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zVa1h4mGnjYj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(191.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zy5Fk2Y5D8Sk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;176.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zxZ5SvNHMFTi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2021"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(157.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_z42xYRiVjIEe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;17.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NewProvisionsOtherProvisions_iN_pn5n6_di_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zVCPfIAZful4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(305.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zjqBfh3LCXIb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;285.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zTYsOJisz5Gf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2022"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(160.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A1_ztnSguOWrxs3" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfInventoriesExplanatory>
    <abev:DisclosureOfInventoryComponentsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfInventoryComponentsTextBlock_pn5n6_z6aZibZOq5Th" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVENTORY - Schedule of Inventory (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B2_zXmbsUQxxuYi" style="display: none"&gt;Schedule of inventory components&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49D_20221231_zaIWFMeGhw36" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20211231_ziHhcEYnAvoc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 65%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--FinishedGoods_iI_maIzle7_z0qJszrCi4Q2" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Finished goods&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,094.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,626.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--WorkInProgress_iI_maIzle7_zXQ0vJVhyZZh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Work in progress&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;845.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;672.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--RawMaterials_iI_maIzle7_z0xMgUuOU2l9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Raw materials and consumables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;6,798.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,306.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--SpareParts_iI_maIzle7_zqxu2Wjx5Ag2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Spare parts and others&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;986.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;906.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40D_eifrs-full--CurrentPrepayments_iI_maIzle7_zGj53u329t2a" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Prepayments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;358.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;645.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--InventoriesImpairmentLosses_iNI_di_msIzle7_zmrUHIdfWrY4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(160.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(157.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--Inventories_iTI_mtIzle7_zuAe8BdFh8Q4" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;Total&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;12,923.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;11,000.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfInventoryComponentsTextBlock>
    <ifrs-full:FinishedGoods contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">4094000000.0</ifrs-full:FinishedGoods>
    <ifrs-full:FinishedGoods contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">3626700000</ifrs-full:FinishedGoods>
    <ifrs-full:WorkInProgress contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">845700000</ifrs-full:WorkInProgress>
    <ifrs-full:WorkInProgress contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">672500000</ifrs-full:WorkInProgress>
    <ifrs-full:RawMaterials contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">6798300000</ifrs-full:RawMaterials>
    <ifrs-full:RawMaterials contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">5306200000</ifrs-full:RawMaterials>
    <ifrs-full:SpareParts contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">986900000</ifrs-full:SpareParts>
    <ifrs-full:SpareParts contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">906800000</ifrs-full:SpareParts>
    <ifrs-full:CurrentPrepayments contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">358300000</ifrs-full:CurrentPrepayments>
    <ifrs-full:CurrentPrepayments contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">645900000</ifrs-full:CurrentPrepayments>
    <abev:InventoriesImpairmentLosses contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">160200000</abev:InventoriesImpairmentLosses>
    <abev:InventoriesImpairmentLosses contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">157800000</abev:InventoriesImpairmentLosses>
    <ifrs-full:Inventories contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">12923000000.0</ifrs-full:Inventories>
    <ifrs-full:Inventories contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">11000300000</ifrs-full:Inventories>
    <ifrs-full:DisclosureOfOtherProvisionsExplanatory contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember">&lt;table cellpadding="0" cellspacing="0" id="xdx_897_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_znhN1ggF9t53" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INVENTORY - Changes in Impairment Losses on Inventory (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B9_zMkjkEztqHf4" style="display: none"&gt;Schedule of changes in impairment losses on inventory&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zHNtKqw97Qvg" style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2020"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(141.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zp4diperCFC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(2.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NewProvisionsOtherProvisions_iN_pn5n6_di_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zVa1h4mGnjYj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(191.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zy5Fk2Y5D8Sk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;176.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zxZ5SvNHMFTi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2021"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(157.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_z42xYRiVjIEe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;17.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NewProvisionsOtherProvisions_iN_pn5n6_di_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zVCPfIAZful4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(305.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zjqBfh3LCXIb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;285.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherProvisions_iNI_pn5n6_di_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--InventoryProvisionMember_zTYsOJisz5Gf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2022"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(160.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfOtherProvisionsExplanatory>
    <ifrs-full:OtherProvisions
      contextRef="AsOf2020-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">141100000</ifrs-full:OtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="From2021-01-012021-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">-2000000.0</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="From2021-01-012021-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">191600000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="From2021-01-012021-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">176900000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:OtherProvisions
      contextRef="AsOf2021-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">157800000</ifrs-full:OtherProvisions>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions
      contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">17800000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">305800000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:ProvisionUsedOtherProvisions
      contextRef="From2022-01-012022-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">285600000</ifrs-full:ProvisionUsedOtherProvisions>
    <ifrs-full:OtherProvisions
      contextRef="AsOf2022-12-31_custom_InventoryProvisionMember"
      decimals="-5"
      unitRef="BRL">160200000</ifrs-full:OtherProvisions>
    <ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80A_eifrs-full--DisclosureOfTradeAndOtherReceivablesExplanatory_z6zwZovplYb2" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;20.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_025"/&gt;&lt;span id="xdx_82C_zMdDsyPCHX1a"&gt;TRADE RECEIVABLES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfCurrentTradeReceivablesTextBlock_pn5n6_zBClkhfF5Etk" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE RECEIVABLES - Current Trade Receivables (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B2_zr9EaDOVcCDl" style="display: none"&gt;Schedule of current trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20221231_zhH1sS9JR8z1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20211231_z9L6Tf6ZtPyd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 45%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--CurrentTradeReceivables_iI_maCTRNOzDnx_zj7g4Qxj82jj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,737.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,304.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--BadDebtProvisions_iNI_di_msCTRNOzDnx_zVDG1O9csVqj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(679.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(668.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iTI_mtCTRNOzDnx_maTAOCRz5zq_zj0xNSOHiEGl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net, trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,058.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,636.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--TradeAndOtherCurrentReceivablesDueFromRelatedParties_iI_maTAOCRz5zq_zvVnojOFu7q9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Related parties (Note 31)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;290.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;155.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--TradeAndOtherCurrentReceivables_iTI_mtTAOCRz5zq_zZLxG6nP3cB9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total current trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,349.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,791.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A3_zOPl6684sd6e" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;






&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;The details of the aging of the Company&#x2019;s current trade receivables,
net of impairment losses, are as follows:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock_pn5n6_zj5EilYeqKei" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE RECEIVABLES - Aging of Our Current Trade Receivables (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span id="xdx_8B2_zkF3jE8WtRp8" style="display: none"&gt;Schedule of current trade receivables,
net of impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Net carrying amount as of December 31,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;No past due&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; within 30 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 31 - 60 days&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 61 - 90 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 91 - 180 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 181 - 360 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due over 360 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231_ziQE0TF7CZul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;5,737.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zEUF0NP0lkYd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;4,573.0&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zJwkijMsCSJh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;343.8&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zRT7ma0SLdgl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;100.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zXVKBfMTR2R8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;49.4&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z2UFutdHG1U4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;19.3&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zfll5nlIBz6d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;40.2&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z28MjvThjCx2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;611.3&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231_zBSGo5YmuRk4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(679.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zZ7dnlpLuPK1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zDc6sOULnerb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zDkhIkhZH25b" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zlpqjHwm6ye2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(10.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zaTuIkKMXrK2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(16.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zu01yJVsEcQ1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(40.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zWLdPJjZeKD8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(611.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231_zaUc6sPaOMxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;5,058.4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zJSXIh4JdB1k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;4,573.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_ztDh2kHNLaye" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;343.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ziT98B905rmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;100.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zWV16lC7Hzeb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;38.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z3RqzG5kaHqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zDic2TKa3hv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;-&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z6cPCZFUcXhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;-&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231_z6NAuClAz8aa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;5,304.7&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zlmORUqindYg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;4,201.9&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zmuTDVSWLS3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;358.2&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zLxxOwjBjzpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;52.1&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_z2g1Ap632C1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;31.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zu6ILhPOhs8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;21.6&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zWYSaXmtbPt1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;33.8&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zzjptlLF2vFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;605.6&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231_zcFYhSSgchQl" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(668.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zLrVSSh76QSg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(10.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zhzi29XhFHC" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zfk9WTKjumE9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zs6LTBGGhVP9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(2.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zboHPLE3g1De" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(16.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zlNaKvJRTSee" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(33.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z0iAi6bqWRMe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(605.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231_zkxOr2C1aMxb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;4,636.4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_z6l23eCRDyAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;4,191.5&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zGgPs2slIgCe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;358.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zg5r84IOBf4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;52.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zAtae5cCFs4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;29.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zUjmWg3Y8Hv" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;5.4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_z95wyvcWSoth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl4004"&gt;-&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zZCwCCGhvnIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;-&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The changes in bad debt provision, are as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zqDU2rcszZy3" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_z3YgMBP7dSak" style="display: none"&gt;Schedule of changes in bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_znrmx3jCypTk" style="border-bottom: black 1.5pt solid; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2020"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(676.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z9iFCIN9STwl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z8q3ziXz4RZd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(32.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reversals&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zZQ8dj4Gl4W5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;21.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zppfVNrTVwaj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;24.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zosDjtPDHi7e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2021"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(668.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zl4Gb0Gty2R7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;14.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zOPGAi03dIJa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(47.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reversals&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zSrC6mf4vzH2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zyNM4FIDHZ65" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;20.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherProvisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zmrcpG1iN2lf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2022"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(679.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A8_znJZv6PGlJtg" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company&#x2019;s exposure to credit risks, currency
and interest rate risks is disclosed in Note 28 - &lt;i&gt;Financial instruments and risks&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory>
    <abev:DisclosureOfCurrentTradeReceivablesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosureOfCurrentTradeReceivablesTextBlock_pn5n6_zBClkhfF5Etk" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE RECEIVABLES - Current Trade Receivables (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B2_zr9EaDOVcCDl" style="display: none"&gt;Schedule of current trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_496_20221231_zhH1sS9JR8z1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20211231_z9L6Tf6ZtPyd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 45%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--CurrentTradeReceivables_iI_maCTRNOzDnx_zj7g4Qxj82jj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,737.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,304.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--BadDebtProvisions_iNI_di_msCTRNOzDnx_zVDG1O9csVqj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(679.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(668.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iTI_mtCTRNOzDnx_maTAOCRz5zq_zj0xNSOHiEGl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net, trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,058.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,636.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--TradeAndOtherCurrentReceivablesDueFromRelatedParties_iI_maTAOCRz5zq_zvVnojOFu7q9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Related parties (Note 31)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;290.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;155.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--TradeAndOtherCurrentReceivables_iTI_mtTAOCRz5zq_zZLxG6nP3cB9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total current trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,349.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,791.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfCurrentTradeReceivablesTextBlock>
    <ifrs-full:CurrentTradeReceivables contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">5737500000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">5304700000</ifrs-full:CurrentTradeReceivables>
    <abev:BadDebtProvisions contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">679100000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">668300000</abev:BadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">5058400000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">4636400000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <ifrs-full:TradeAndOtherCurrentReceivablesDueFromRelatedParties contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">290700000</ifrs-full:TradeAndOtherCurrentReceivablesDueFromRelatedParties>
    <ifrs-full:TradeAndOtherCurrentReceivablesDueFromRelatedParties contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">155200000</ifrs-full:TradeAndOtherCurrentReceivablesDueFromRelatedParties>
    <ifrs-full:TradeAndOtherCurrentReceivables contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">5349100000</ifrs-full:TradeAndOtherCurrentReceivables>
    <ifrs-full:TradeAndOtherCurrentReceivables contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">4791600000</ifrs-full:TradeAndOtherCurrentReceivables>
    <abev:DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock_pn5n6_zj5EilYeqKei" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE RECEIVABLES - Aging of Our Current Trade Receivables (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span id="xdx_8B2_zkF3jE8WtRp8" style="display: none"&gt;Schedule of current trade receivables,
net of impairment losses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Net carrying amount as of December 31,&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;No past due&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; within 30 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 31 - 60 days&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 61 - 90 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 91 - 180 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due &#x2013; between 181 - 360 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Past due over 360 days&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231_ziQE0TF7CZul" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;5,737.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zEUF0NP0lkYd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;4,573.0&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zJwkijMsCSJh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;343.8&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zRT7ma0SLdgl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;100.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zXVKBfMTR2R8" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;49.4&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z2UFutdHG1U4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;19.3&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zfll5nlIBz6d" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;40.2&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z28MjvThjCx2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;611.3&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231_zBSGo5YmuRk4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(679.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zZ7dnlpLuPK1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zDc6sOULnerb" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zDkhIkhZH25b" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zlpqjHwm6ye2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(10.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zaTuIkKMXrK2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(16.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zu01yJVsEcQ1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(40.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zWLdPJjZeKD8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(611.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231_zaUc6sPaOMxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;5,058.4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zJSXIh4JdB1k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;4,573.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_ztDh2kHNLaye" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;343.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_ziT98B905rmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;100.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zWV16lC7Hzeb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;38.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_z3RqzG5kaHqi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2.8&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zDic2TKa3hv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;-&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20221231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z6cPCZFUcXhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;-&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Trade receivables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231_z6NAuClAz8aa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;5,304.7&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zlmORUqindYg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;4,201.9&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zmuTDVSWLS3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;358.2&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zLxxOwjBjzpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;52.1&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_z2g1Ap632C1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;31.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zu6ILhPOhs8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;21.6&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zWYSaXmtbPt1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;33.8&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentTradeReceivables_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zzjptlLF2vFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;605.6&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231_zcFYhSSgchQl" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(668.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_zLrVSSh76QSg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(10.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zhzi29XhFHC" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--BadDebtProvisions_iNI_pn5n6_di0_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zfk9WTKjumE9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zs6LTBGGhVP9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(2.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zboHPLE3g1De" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(16.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_zlNaKvJRTSee" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(33.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--BadDebtProvisions_iNI_pn5n6_di_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_z0iAi6bqWRMe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Bad debt provision"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;(605.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231_zkxOr2C1aMxb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;4,636.4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--CurrentMember_z6l23eCRDyAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;4,191.5&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LessThanOneMonthMember_zGgPs2slIgCe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;358.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanOneMonthAndNotLaterThanTwoMonthsMember_zg5r84IOBf4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;52.1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__ifrs-full--LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_zAtae5cCFs4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;29.2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanThreeMonthsAndLessThanSixMonthsMember_zUjmWg3Y8Hv" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;5.4&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanSixMonthsAndLessThan12MonthsMember_z95wyvcWSoth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&lt;span style="-sec-ix-hidden: xdx2ixbrl4004"&gt;-&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--CurrentTradeReceivablesNetOfBadDebtProvisions_iI_pn5n6_d0_c20211231__ifrs-full--PastDueStatusAxis__custom--LaterThanAYearMember_zZCwCCGhvnIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net, trade receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;-&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The changes in bad debt provision, are as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zqDU2rcszZy3" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_z3YgMBP7dSak" style="display: none"&gt;Schedule of changes in bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_znrmx3jCypTk" style="border-bottom: black 1.5pt solid; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2020"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(676.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z9iFCIN9STwl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z8q3ziXz4RZd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(32.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reversals&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zZQ8dj4Gl4W5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;21.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zppfVNrTVwaj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;24.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zosDjtPDHi7e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2021"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(668.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zl4Gb0Gty2R7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;14.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zOPGAi03dIJa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(47.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reversals&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zSrC6mf4vzH2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zyNM4FIDHZ65" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;20.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherProvisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zmrcpG1iN2lf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2022"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(679.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfMaturityOfTheCurrentTradeReceivablesTextBlock>
    <ifrs-full:CurrentTradeReceivables contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">5737500000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2022-12-31_ifrs-full_CurrentMember"
      decimals="-5"
      unitRef="BRL">4573000000.0</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2022-12-31_custom_LessThanOneMonthMember"
      decimals="-5"
      unitRef="BRL">343800000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-5"
      unitRef="BRL">100500000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-5"
      unitRef="BRL">49400000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2022-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember"
      decimals="-5"
      unitRef="BRL">19300000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2022-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember"
      decimals="-5"
      unitRef="BRL">40200000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2022-12-31_custom_LaterThanAYearMember"
      decimals="-5"
      unitRef="BRL">611300000</ifrs-full:CurrentTradeReceivables>
    <abev:BadDebtProvisions contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">679100000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2022-12-31_ifrs-full_CurrentMember"
      decimals="-5"
      unitRef="BRL">0</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LessThanOneMonthMember"
      decimals="-5"
      unitRef="BRL">0</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-5"
      unitRef="BRL">300000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-5"
      unitRef="BRL">10800000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember"
      decimals="-5"
      unitRef="BRL">16500000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember"
      decimals="-5"
      unitRef="BRL">40200000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LaterThanAYearMember"
      decimals="-5"
      unitRef="BRL">611300000</abev:BadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">5058400000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions
      contextRef="AsOf2022-12-31_ifrs-full_CurrentMember"
      decimals="-5"
      unitRef="BRL">4573000000.0</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LessThanOneMonthMember"
      decimals="-5"
      unitRef="BRL">343800000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions
      contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-5"
      unitRef="BRL">100200000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions
      contextRef="AsOf2022-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-5"
      unitRef="BRL">38600000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember"
      decimals="-5"
      unitRef="BRL">2800000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LaterThanSixMonthsAndLessThan12MonthsMember"
      decimals="-5"
      unitRef="BRL">-0</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions
      contextRef="AsOf2022-12-31_custom_LaterThanAYearMember"
      decimals="-5"
      unitRef="BRL">-0</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <ifrs-full:CurrentTradeReceivables contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">5304700000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2021-12-31_ifrs-full_CurrentMember"
      decimals="-5"
      unitRef="BRL">4201900000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2021-12-31_custom_LessThanOneMonthMember"
      decimals="-5"
      unitRef="BRL">358200000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-5"
      unitRef="BRL">52100000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
      decimals="-5"
      unitRef="BRL">31500000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
      contextRef="AsOf2021-12-31_custom_LaterThanThreeMonthsAndLessThanSixMonthsMember"
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      unitRef="BRL">21600000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
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      decimals="-5"
      unitRef="BRL">33800000</ifrs-full:CurrentTradeReceivables>
    <ifrs-full:CurrentTradeReceivables
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      unitRef="BRL">605600000</ifrs-full:CurrentTradeReceivables>
    <abev:BadDebtProvisions contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">668300000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
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      unitRef="BRL">10400000</abev:BadDebtProvisions>
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      decimals="-5"
      unitRef="BRL">0</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"
      decimals="-5"
      unitRef="BRL">0</abev:BadDebtProvisions>
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      contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"
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      unitRef="BRL">2300000</abev:BadDebtProvisions>
    <abev:BadDebtProvisions
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    <abev:BadDebtProvisions
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      unitRef="BRL">33800000</abev:BadDebtProvisions>
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      contextRef="AsOf2021-12-31_custom_LaterThanAYearMember"
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      unitRef="BRL">605600000</abev:BadDebtProvisions>
    <abev:CurrentTradeReceivablesNetOfBadDebtProvisions contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">4636400000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
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      unitRef="BRL">4191500000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
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      unitRef="BRL">358200000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
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      decimals="-5"
      unitRef="BRL">52100000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
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      unitRef="BRL">29200000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
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      unitRef="BRL">5400000</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
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      decimals="-5"
      unitRef="BRL">-0</abev:CurrentTradeReceivablesNetOfBadDebtProvisions>
    <ifrs-full:DisclosureOfOtherProvisionsExplanatory contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember">&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfOtherProvisionsExplanatory_hifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zqDU2rcszZy3" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_z3YgMBP7dSak" style="display: none"&gt;Schedule of changes in bad debt provision&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 77%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_znrmx3jCypTk" style="border-bottom: black 1.5pt solid; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2020"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(676.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z9iFCIN9STwl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_z8q3ziXz4RZd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(32.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reversals&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zZQ8dj4Gl4W5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;21.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zppfVNrTVwaj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;24.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zosDjtPDHi7e" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2021"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(668.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of movements in foreign exchange in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zl4Gb0Gty2R7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effects of movements in foreign exchange in the balance sheet"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;14.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Provisions&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NewProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zOPGAi03dIJa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(47.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reversals&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--UnusedProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zSrC6mf4vzH2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversals"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Write-off&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--ProvisionUsedOtherProvisions1_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zyNM4FIDHZ65" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Write-off"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;20.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherProvisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--BadDebtProvisionMember_zmrcpG1iN2lf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="At December 31, 2022"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(679.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfOtherProvisionsExplanatory>
    <ifrs-full:OtherProvisions
      contextRef="AsOf2020-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">-676500000</ifrs-full:OtherProvisions>
    <abev:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1
      contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">-5200000</abev:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">-32400000</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:UnusedProvisionReversedOtherProvisions
      contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">21700000</ifrs-full:UnusedProvisionReversedOtherProvisions>
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      contextRef="From2021-01-012021-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">24100000</abev:ProvisionUsedOtherProvisions1>
    <ifrs-full:OtherProvisions
      contextRef="AsOf2021-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">-668300000</ifrs-full:OtherProvisions>
    <abev:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1
      contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">14000000.0</abev:IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions1>
    <ifrs-full:NewProvisionsOtherProvisions
      contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">-47000000.0</ifrs-full:NewProvisionsOtherProvisions>
    <ifrs-full:UnusedProvisionReversedOtherProvisions
      contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">1700000</ifrs-full:UnusedProvisionReversedOtherProvisions>
    <abev:ProvisionUsedOtherProvisions1
      contextRef="From2022-01-012022-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">20500000</abev:ProvisionUsedOtherProvisions1>
    <ifrs-full:OtherProvisions
      contextRef="AsOf2022-12-31_custom_BadDebtProvisionMember"
      decimals="-5"
      unitRef="BRL">-679100000</ifrs-full:OtherProvisions>
    <ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_805_eifrs-full--DisclosureOfCashAndCashEquivalentsExplanatory_zk5oOTqBiXM2" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;21.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_026"/&gt;&lt;span id="xdx_820_zi0Ul4iMphr2"&gt;CASH AND CASH EQUIVALENTS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/115% Arial,sans-serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfComponentsInCashAndCashEquivalentsTextBlock_pn5n6_zMYeUhNIqWG5" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CASH AND CASH EQUIVALENTS - Components of Cash and Cash Equivalents (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zxDJbiFsJ3hf" style="display: none"&gt;Schedule of components in cash and cash equivalents&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49E_20221231_zlNJqoITFWo5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20211231_zMpqmjw4wZO3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 60%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--ShorttermDepositsClassifiedAsCashEquivalents_iI_zzK9Tc8DoTGk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Short-term bank deposits&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F4D_z5753aSEfkMg"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;8,655.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;11,393.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--BalancesWithBanks_iI_zJaWAc4v5EFj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Current bank accounts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,990.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,582.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--CashOnHand_iI_zmL9DNxOKxWh" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;280.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;651.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--CashAndCashEquivalents_iI_zv8PFrNCpDhf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Cash and cash equivalents&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;14,926.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;16,627.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--BankOverdraftsClassifiedAsCashEquivalents_iNI_di_zoSOax0WyOfk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bank overdrafts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(74.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(30.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_iI_zVwmv345xonl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Cash and cash equivalents less bank overdraft&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;14,852.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;16,597.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Arial,sans-serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zai6CBorgNE" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1D_zkbSSSGqunmb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The balance refers mostly to Bank Deposit Certificates (&#x201c;CDB&#x201d;), with high liquidity, which are readily convertible into known
amounts of cash and which are subject to an insignificant risk of change in value.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AA_zDvzMPWBqDPf" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The cash and cash equivalents balance include the amount of
R$&lt;span id="xdx_901_ecustom--ShorttermDepositsGuaranteeDeposits_c20221231_pn6n6" title="Short-term deposits, guarantee deposits"&gt;3,083&lt;/span&gt; million in 2022 (R$&lt;span id="xdx_90D_ecustom--ShorttermDepositsGuaranteeDeposits_iI_pn6n6_c20211231_z4aGSSBtBeP3" title="Short-term deposits, guarantee deposits"&gt;2,858&lt;/span&gt; million in 2021) held in Cuba and Argentina, which is not freely transferable to the parent company due
to remittance restrictions.&lt;/p&gt;








</ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory>
    <abev:DisclosureOfComponentsInCashAndCashEquivalentsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfComponentsInCashAndCashEquivalentsTextBlock_pn5n6_zMYeUhNIqWG5" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CASH AND CASH EQUIVALENTS - Components of Cash and Cash Equivalents (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zxDJbiFsJ3hf" style="display: none"&gt;Schedule of components in cash and cash equivalents&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49E_20221231_zlNJqoITFWo5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20211231_zMpqmjw4wZO3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 60%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--ShorttermDepositsClassifiedAsCashEquivalents_iI_zzK9Tc8DoTGk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Short-term bank deposits&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F4D_z5753aSEfkMg"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;8,655.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;11,393.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--BalancesWithBanks_iI_zJaWAc4v5EFj" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Current bank accounts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,990.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,582.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--CashOnHand_iI_zmL9DNxOKxWh" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cash&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;280.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;651.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--CashAndCashEquivalents_iI_zv8PFrNCpDhf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Cash and cash equivalents&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;14,926.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;16,627.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--BankOverdraftsClassifiedAsCashEquivalents_iNI_di_zoSOax0WyOfk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bank overdrafts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(74.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(30.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_iI_zVwmv345xonl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Cash and cash equivalents less bank overdraft&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;14,852.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;16,597.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Arial,sans-serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zai6CBorgNE" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1D_zkbSSSGqunmb" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The balance refers mostly to Bank Deposit Certificates (&#x201c;CDB&#x201d;), with high liquidity, which are readily convertible into known
amounts of cash and which are subject to an insignificant risk of change in value.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</abev:DisclosureOfComponentsInCashAndCashEquivalentsTextBlock>
    <ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents
      contextRef="AsOf2022-12-31"
      decimals="-5"
      id="Fact004036"
      unitRef="BRL">8655200000</ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents>
    <ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents
      contextRef="AsOf2021-12-31"
      decimals="-5"
      id="Fact004037"
      unitRef="BRL">11393600000</ifrs-full:ShorttermDepositsClassifiedAsCashEquivalents>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">5990300000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">4582900000</ifrs-full:BalancesWithBanks>
    <ifrs-full:CashOnHand contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">280900000</ifrs-full:CashOnHand>
    <ifrs-full:CashOnHand contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">651200000</ifrs-full:CashOnHand>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">14926400000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">16627700000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:BankOverdraftsClassifiedAsCashEquivalents contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">74300000</ifrs-full:BankOverdraftsClassifiedAsCashEquivalents>
    <ifrs-full:BankOverdraftsClassifiedAsCashEquivalents contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">30500000</ifrs-full:BankOverdraftsClassifiedAsCashEquivalents>
    <ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">14852100000</ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition>
    <ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">16597200000</ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition>
    <abev:ShorttermDepositsGuaranteeDeposits contextRef="AsOf2022-12-31" decimals="-6" unitRef="BRL">3083000000</abev:ShorttermDepositsGuaranteeDeposits>
    <abev:ShorttermDepositsGuaranteeDeposits contextRef="AsOf2021-12-31" decimals="-6" unitRef="BRL">2858000000</abev:ShorttermDepositsGuaranteeDeposits>
    <abev:DisclosureOfChangesInEquityTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_801_ecustom--DisclosureOfChangesInEquityTextBlock_zYQcuvEaWO54" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;22.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_027"/&gt;&lt;span id="xdx_822_z5b8i2TYNQP4"&gt;CHANGES IN EQUITY&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 10pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;(a) Capital stock &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfIssuedCapitalExplanatory_pn5n6_zYCFQt0Qinv" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Stock (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BD_z6dlbPqtkEuk" style="display: none"&gt;Schedule of issued capital&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Beginning balance&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_z0vutq0Fan2k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,744.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zLBKat17NQS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;58,042.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zU5QIAl3CgY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,735.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zlt2B0btNMVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;57,899.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--EquitySharesOutstanding_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zZyotXl9nm75" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,733.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zGLMSBoGx9y6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;57,866.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital&#160;increase&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif"&gt;&lt;sup&gt;&#160;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IssueOfEquityShares_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zeiq8ns1w9vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkpoA_____zYLpc8ZMW7Vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;88.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IssueOfEquityShares_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXHjs6WEOfh9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IssueOfEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_z3E74SfyZKz5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;143.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IssueOfEquityShares_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXDlyzeb1o9c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zpZIdgeCIkXf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Final balance&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--EquitySharesOutstanding_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zWA9n6YHWo28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,750.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____z0qSBF0ghFT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;58,130.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zpxXbkTm2OC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,744.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zjhThg9KePyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;58,042.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zCzPzLWl8Xlc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,735.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zwVRkkrPihAc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;57,899.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F07_zfY57S7XqDEh" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F14_z8UnjhgIG3kd" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Capital increase related to the issue of shares.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 5pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F00_z3qMTKv2bORj" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F17_zNm5lEk3TmZ6" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The capital stock is fully subscribed and paid up.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AB_zO1ziLLQeDdc" style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;(b) Capital reserves&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfClassesOfCapitalReservesTextBlock_pn5n6_z7Z1nUoX1fUj" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Reserves (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_zNPcYxPAjw62" style="display: none"&gt;Schedule of capital reserves&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Capital Reserves&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Treasury shares&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Share Premium&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Other capital reserves&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Share-based Payments&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxVq0VExyECk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;(955.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zIeyh9FqE53i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zqbAhuPSAhj5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zikWrrFo1ir6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;1,403.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z05QiynRXl49" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;54,811.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital Increase&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxdn1MkDonVd" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zaB4vIeM1e63" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_907_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zknYCE6X2fpb" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztHKEafpBjE1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;(32.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zmLl6m9Lmbs5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;(32.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Purchases of shares, results of treasury shares and share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zNA8cz7hDF9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;13.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90D_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z8LUFC9uKLmh" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_904_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zzOybVXCP9th" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zG7kiCBR8lyf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;192.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8916K7FKc0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;206.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zz9T3HxSPa2b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(941.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zAMpEetjR3b1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zpZTmwlM9vC5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_z4mOtkaIZAY4" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,563.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zcBGoj74rfj1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;54,985.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital Increase&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zFuaJkchCH7l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(60.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_904_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zdng4CVRtnCh" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_909_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_z0vW69Tfpwe4" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zMhO88o3ktR5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(74.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8PykBXl2Cdd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(134.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Purchases of shares, results of treasury shares and share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zb4fGkXQQTjj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(36.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_90B_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zxYK26oRHZpl" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zNtZ6ZAZ65Sj" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zrVrVSW3KSJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;372.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zR7mZAgFPSGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;336.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zWUuaW20CX4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,037.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zyQ2YMTBIf2c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zMIHByMkepc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zgIYG7vNS4Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,861.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zUZ3xnMAL5Ld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;55,187.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital Increase&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_905_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zYNgV79CVRK2" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_906_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zO3rBa0njrFl" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_90D_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zwMrlEEuKgy3" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zY83lbmtHdog" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(64.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zxn34hjzePyk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(64.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Purchases of shares, results of treasury shares and share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zHazrlznTrvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(35.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_901_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z041uWJ2GTJk" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zugxcCjC3Eu2" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztJr6fT8vqn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIDgz90odum4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;216.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zTFLXiyqaoa7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,073.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zgISDPZg3rcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zc46CDl3kqRj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zPM8A3FVxx17" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,049.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIp9NVkaWFN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;55,339.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A9_zplI6UqHR2id" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;(b.1) Purchase of shares and result of treasury shares&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;Treasury shares represent the Company&#x2019;s
own issued shares reacquired by the Company, and the results of treasury shares related to gains and losses on share-based payment transactions
and others.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The changes in treasury shares are as follow:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_889_eifrs-full--DisclosureOfTreasurySharesExplanatory_pn5n6_z1oE2KPNeYkb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Treasury Shares (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zid2WgDFbwAd" style="display: none"&gt;Schedule of treasury shares&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition /realization of shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Result of Treasury Shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Treasury Shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: top; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Brazilian Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Brazilian Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20200101__20201231_zEPjZQhVM9x3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20200101__20201231_zOA0eCzEAeLk" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(68.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TreasurySharesHeld_iS_pn5n6_c20200101__20201231_zHruPEoeoUkd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(887.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--TreasuryShares_iS_pn5n6_c20200101__20201231_zGyYaCfwOsU9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(955.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Changes during the year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20200101__20201231_zFKTQiqjCFDc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20200101__20201231_zjfMFLsvo0A3" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;65.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20200101__20201231_zEsQCDXAqAS7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(51.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20200101__20201231_z1ZjUj9et4d6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20210101__20211231_zWfJEdDh2Mw" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20210101__20211231_zvn8ardWt5C5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TreasurySharesHeld_iS_pn5n6_c20210101__20211231_zkniWz4y3oI6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(938.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--TreasuryShares_iS_pn5n6_c20210101__20211231_zba8YCHAvWLb" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(941.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Changes during the year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20210101__20211231_za9ZDd59jW7i" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20210101__20211231_zshm2lARtRAd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(95.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20210101__20211231_z5mN352JmoWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20210101__20211231_zIniguTpgpv5" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(96.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20220101__20221231_zWUcEYIDYmde" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20220101__20221231_zlSUsNzoy5P3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(98.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TreasurySharesHeld_iS_pn5n6_c20220101__20221231_zIT4VQ9MKDs4" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(939.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--TreasuryShares_iS_pn5n6_c20220101__20221231_zQBNQ1NmghOi" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,037.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Changes during the year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20220101__20221231_zpklnh6Xp9Ta" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20220101__20221231_zkEtkLrDC3Ol" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(33.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20220101__20221231_zTqjtplhK1N7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20220101__20221231_zaMP0s3RVSgd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(35.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TreasurySharesAcquiredrealizedOutstanding_iE_pn5n6_c20220101__20221231_zuAflKDkrYnd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;8.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iE_pn5n6_c20220101__20221231_zbzPmKvsiI6g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(131.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TreasurySharesHeld_iE_pn5n6_c20220101__20221231_zFqUbVBnytS6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(941.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--TreasuryShares_iE_pn5n6_c20220101__20221231_zjeo73RShoO5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,073.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;(b.2) Share premium&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;The share premium refers to the difference between
the subscription price that the shareholders paid for the shares and their nominal value. Since this is a capital reserve, it can only
be used to increase capital, offset losses, or for the redemption, reimbursement or repurchase of shares.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;(b.3) Share-based payment&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Different share-based payment programs and stock purchase
option plans allow the senior management from Ambev&#x2019;s economic group to acquire shares in the Company.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The share-based payment reserve recorded a charge of R$&lt;span id="xdx_904_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20220101__20221231_zqT4lpdoG9kg" title="Adjustments for share-based payments"&gt;313.9&lt;/span&gt;
in 2022 (R$&lt;span id="xdx_906_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20210101__20211231_zGQhFgKr57uk" title="Adjustments for share-based payments"&gt;387.6&lt;/span&gt; and R$&lt;span id="xdx_902_eifrs-full--AdjustmentsForSharebasedPayments_pn5n6_c20200101__20201231_zua4Y1uqLxX7" title="Adjustments for share-based payments"&gt;208.7&lt;/span&gt; in 2021 and 2020, respectively) (Note 25 - &lt;i&gt;Share-based payments&lt;/i&gt;).&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(c) Net income reserves&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfNetIncomeReservesTextBlock_pn5n6_zfe8LZeTF10e" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Net Income Reserves (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_zgq8EzOOiaB6" style="display: none"&gt;Schedule of net income reserves&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net income reserves&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: top; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Investments reserve&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Legal reserve&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Fiscal incentive&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zX1ed8Q3zPla" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;10,798.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z9Mkd3mksWYk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zvj4Jej3Ekef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;10,071.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zGIFAhDdc3Ih" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,874.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Fiscal&#160;incentive&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zLIRasOTC8F4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl4260"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_znY1seYBuL71" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zBCYTVDCG6g9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,332.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzeRGI5aq4Kf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,332.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zo8ecsE1CcM8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,713.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zB51lJYNXgnj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zgeIwuMf8nT5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl4272"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_z236uyzf5n3c" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,713.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At&#160;December&#160;31,&#160;2020&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zYWlcufvGKCl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,511.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zF5GDruBwyQa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zINqnim1tKRj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,404.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zFpK6OgbiBua" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;25,920.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Fiscal incentive reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zT4NPmcnnAui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zs5Kr5OAr708" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zanm7X7N35ra" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,423.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzKANLsuDOmk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,423.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zgfGKMNSr621" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,848.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zcgN3yXJrQRk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zcRkH9YCXw04" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zOgy7CayDlGk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,848.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At&#160;December&#160;31,&#160;2021&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zVWCClV7PeD5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;18,359.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zZxgxKQkKgCd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zZqouQPbPcB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,827.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zEi9OLvYzzOk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;31,191.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Fiscal&#160;incentive&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zXmOQv1zjgrl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z4m3Kt1os3S4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zegJXicJPSBj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,018.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zhJqphX7U9nf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,018.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zCMgqZonlXa3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,696.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zBZAs7XEAPU" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zbv85eBEgzp" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zBZvISAzsZO7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,696.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At&#160;December&#160;31,&#160;2022&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zUQDpaDgbQuk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;22,055.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zU2AbTQXqQZg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zLHTGcr6XdAe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,846.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zErxcZpf10k6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;36,907.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A7_zSYD8sFGGm6i" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;&lt;b&gt;(c.1) Investments reserve&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;From the net income after applicable deductions,
there will be a target allocating of no more than &lt;span id="xdx_901_ecustom--InvestmentReserveLimitPercentageOfNetIncome_pip0_dp_c20210101__20211231_z9L2FPWvVevi" title="Investment reserve limit percentage of net income"&gt;60&lt;/span&gt;% (sixty per cent) of the adjusted net profit to the investment reserve, to be used
to support future investments, as defined in the Company&#x2019;s bylaws.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;(c.2) Legal reserve&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;From the net income, &lt;span id="xdx_903_ecustom--StatutoryReserveLimitPercentageOfNetIncome_pip0_dp_c20210101__20211231_z4g1afjU0wHj" title="Statutory reserve limit percentage of net income"&gt;5&lt;/span&gt;% will be applied before
any other allocation, to the legal reserve, which cannot exceed &lt;span id="xdx_908_ecustom--StatutoryReserveLimitOfCapitalStock_pip0_dp_c20210101__20211231_ziUMekXIvVl5" title="Statutory reserve limit of capital stock"&gt;20&lt;/span&gt;% of the capital stock. The Company is not required to supplement the
legal reserve for the year when the balance of this reserve, plus the amount of the capital reserves, exceeds &lt;span id="xdx_901_ecustom--StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock_pip0_dp_c20210101__20211231_zEwt9wMoFwb8" title="Statutory reserve supplementation cutoff percentage related to capital stock"&gt;30&lt;/span&gt;% of the capital stock.	&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;b&gt;(c.3) Tax incentives&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes in its equity, in the net income
reserves line, the fiscal incentives regarding tax benefits at the respective fiscal year. All the tax incentives are under certain state
and federal industrial development programs in the form of rate reduction, reduction&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;of calculation basis, financing or subsidized loans,
assumed credit, effective collection, the deferred payment or partial reductions in the payable state tax amount.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;These programs aim to generate employment, promote regional
decentralization, and complement and diversify the industrial base of the states. In these states, the grace periods and use and reductions
are set out according to the legislation upon which those incentives are based on, depending on their nature, when conditions for obtaining
these grants exist, they are under Company&#x2019;s control. Such benefits comply with the systematic set by Complementary Federal Law
160/2017 and by &lt;i&gt;Conv&#xea;nio&lt;/i&gt; CONFAZ 190/2017. Due to change in article 30 of Federal Law 12,973/14 by Complementary Federal
Law 160/2017, state fiscal incentives related to sales taxes are recognized as government subsidies for investments.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;b&gt;(c.4) Interest on shareholders&#x2019; equity/dividends&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;Brazilian companies are permitted to distribute
the interest attributed to shareholders&#x2019; equity calculated based on the long-term interest rate (&#x201c;TJLP&#x201d;), with such
interest being tax-deductible, in accordance with the applicable law and, when distributed, may be considered part of the minimum mandatory
dividends.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;As determined by its by-laws, the Company is required
to distribute to its shareholders, as a minimum mandatory dividend in respect of each fiscal year ending December 31, an amount of not
less than &lt;span id="xdx_905_ecustom--MinimumMandatoryDividend_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zaGiQEWi8oU8" title="Minimum mandatory dividend"&gt;40&lt;/span&gt;% of its net income determined under Brazilian law, adjusted in accordance with the applicable law, unless the payment of
such amount would be incompatible with Ambev&#x2019;s financial situation. The minimum mandatory dividend includes amounts paid as interest
on shareholders&#x2019; equity.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Events during the year ended 2022:&lt;/i&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock_pn5n6_zOfvMmUc8FFi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Interest on Shareholders' Equity Dividends (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_zYz0sLm0FgP" style="display: none"&gt;Schedule of interest on shareholders' equity and dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Event&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Approval&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Date of payment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type of share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Amount per share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Total amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;6/12/2022&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Interest on shareholder&#xb4;s equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/29/2022&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2022&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221206__20221229_zYM9wLO7mOBk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.7623&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20221206__20221229_zK6us2j9Sg8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;11,999.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20220101__20221231_zM4qTL4uATRh" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&#160;11,999.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of interest on shareholders&#x2019; equity&lt;/span&gt;.
In accordance with the Operations and Finance Committee recommendation at the meeting held on December 5, 2022, a distribution of interest
on shareholders&#x2019; equity in the amount of R$&lt;span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221201__20221205_zqyrwNA9s8Vh"&gt;0.7623
&lt;/span&gt;per share was approved, based on available balances, in the Company&#x2019;s extraordinary balance sheet dated as at October 31,
2022, and in the Company&#x2019;s investment reserve, pursuant to the balance sheet dated as at December 31, 2021, which were attributed
to the minimum mandatory dividends of the same fiscal year. The interest on the shareholders&#x2019; equity distribution was taxed pursuant
to the applicable law, which resulted in a net interest on shareholder&#x2019;s equity distribution of R$&lt;span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211201__20211231_zR8pKRH22dDh" title="Interest on shareholders equity distribution"&gt;0.6480
&lt;/span&gt;per Company share in fiscal year 2022.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on December 29, 2022,
considering the shareholding position of December 19, 2022 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;),
and December 21, 2022 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Events during the year ended 2021:&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Event&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Approval&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Date of payment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type of share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Amount per share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Total amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/09/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/30/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pid_c20211209__20211230_zrF9fVUZfPe5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.1334&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20211209__20211230_zDbl3RTxeqZk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;2,099.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/09/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Interest on shareholder&#xb4;s equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/30/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20211209__20211230_zCAyy8jSdWcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.4702&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20211209__20211230_zYKm3kh6W3jh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;7,400.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20210101__20211231_z2FmYL76GsLg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&#160;9,499.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of Dividends&lt;/span&gt;. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a distribution of dividends
of R$&lt;span id="xdx_904_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20211201__20211207_zmbFxu7Ja6S1"&gt;0.1334&lt;/span&gt;
per share was approved, based on available balance and the Company&#x2019;s extraordinary balance sheet dated as at November 30, 2021
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on December 30, 2021 considering
the shareholding position of December 17, 2021 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;), and December
21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of interest on shareholders&#x2019; equity&lt;/span&gt;.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a
distribution of interest on shareholders&#x2019; equity of R$&lt;span id="xdx_902_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare1_pip0_c20211201__20211207_zdE0GezSExl7" title="Interest on shareholders equity dividends amount per share1"&gt;0.4702
&lt;/span&gt;per share was approved, based on the available balance and the Company&#x2019;s extraordinary balance sheet dated as at November
30, 2021 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#x2019;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholder&#x2019;s equity of R$&lt;span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211101__20211130_zDFUz6SLvX58" title="Interest on shareholders equity distribution"&gt;0.3996
&lt;/span&gt;per share.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on December 30, 2021,
considering the shareholding position of December 17, 2021 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;),
and December 21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Events during the year ended 2020:&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Event&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Approval&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Date of payment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type of share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Amount per share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Total amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/21/2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;01/28/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20200101__20201231_zCx3AOQ1bzR7" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.0767&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20200101__20201231_z2Q7vSj1TXue" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;1,206.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/09/2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Interest on shareholder&#xb4;s equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/30/2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20200101__20201231_zBBMMIZV3vod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.4137&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20200101__20201231_zLRmaSPDxMh4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;6,509.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20200101__20201231_zFY4lDuQQKDi" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&#160;7,716.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A3_znPChYQlTJj6" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of Dividends&lt;/span&gt;. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 21, 2020, a distribution of dividends
of R$&lt;span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20201201__20201221_zSrtFR3GeaIk"&gt;0.0767&lt;/span&gt;
per share was approved, based on available balance and the Company&#x2019;s extraordinary balance sheet dated as at November 30, 2020
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on January 28, 2021 considering
the shareholding position of January 13, 2021 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;), and January
15, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of interest on shareholders&#x2019; equity&lt;/span&gt;.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 9, 2020, a
distribution of interest on shareholder&#x2019;s equity of R$&lt;span id="xdx_907_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20201201__20201209_zjTLHF2MAeI"&gt;0.4137
&lt;/span&gt;per share was approved, based on available balance and the Company&#x2019;s extraordinary balance sheet dated as at November 30,
2020 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#x2019;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholders&#x2019; equity of R$&lt;span id="xdx_909_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20201101__20201130_z3bESzFPREYb" title="Interest on shareholders equity distribution"&gt;0.3517
&lt;/span&gt;per share.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on December 30, 2020,
considering the shareholding position of December 17, 2020 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;),
and December 21, 2020 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(d) Carrying value adjustments&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 6pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 6pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_88E_ecustom--DisclosureOfChangesInCarryingValueOfEquityTextBlock_pn5n6_zIEm9eFOUUNi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Carrying Value Adjustments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_zcr55hTCAs6" style="display: none"&gt;Schedule of Carrying value adjustments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying value adjustments&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 41%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Translation reserves&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&lt;i&gt;Cash flow hedge&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Actuarial gains/ (losses)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Put option granted on subsidiary&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Gains/(losses) of non-controlling interest&#x2019;s share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Business combination&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Accounting adjustments for transactions between shareholders&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z1xYIKOWjkyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,583.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zR2pl212ggvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;645.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPtTDRZwEZT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,221.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6ZQDCGnwF3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(50.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDFvDozVOjC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy7t8cgyEmfb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjIk7nBHaQ1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(75,402.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zaCHplzhP7ef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(72,274.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Comprehensive income:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) on the translation of foreign operations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zMG8ihFdg9Md" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,493.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zcq1ABKg1jZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zkRxvYv53Jx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6u0JU0SlNB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zdLesvrzkld5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zojhi1Wxkpeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zxlfB76W0tKe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zagN3x2YeGcl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,493.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash flow hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zxBPUOxkRoYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTcsBtlgInT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;99.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zJiiLbEVeQb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zEOOI6DIOGlf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zUbEUCAxk6zi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zFs9GXvcjaG2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zJeCxuEEHlT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zzPAmkjdeGT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;99.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zZqduoMv7Tme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zxv0d3IqNgZ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zRhbGZa4ziBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(252.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zcqjvc2v68Vg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zLRLkkgJ4Lfj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zArP1eH09eY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSBjRXlotXE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zvkNq5ntsHda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(252.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Comprehensive income&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zSOEnEFtkq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,493.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQUxwW5wMgZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;99.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znSHPeje8dfl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(252.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQm73BuYgYr1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zinUdLGrQ8Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zT4QePRUTo2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjlzbpfGSvik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIVKNT7SCu8f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,340.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z10Txo28ter1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zk1odwQDC2c6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z7XPi73MXSH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfA45vMQ5gy5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;45.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zmiDlf6xc7Y1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(82.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGjoB7HebJDc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zbRPuOA78Jxh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zNMgmc1W4eX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(37.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) of controlling interest&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zHhR5NUYq2Z4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z23pAXVlnF2d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPHO2aNdTJp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvdOvaxPjQ81" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zsiJXgHgjuHj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGHVBKDAwrjl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zXqUCAXXc0c1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zuT60jJT8B65" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Tax on deemed dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zjGtOB4uQDSf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zHvdIOEyqh18" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z24bDoERUWDa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxGWIPQeQeoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zbgogwHwWd6a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_z5Dm8FEaGEy1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zZ9w2VaB9jec" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zRcqJ1kpajKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zRYdZDtL4Bdi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zp6kuwlLMQRj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zIwtRyrvjWIk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zidiVZECx8n8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z5egB06MfuQl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zORiwPYHjz91" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zCO3vRCJX7F6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zPZAZw6Rkike" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z4tlIzaijj4c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,076.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQCDxNvRuXe5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;744.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zbsIThwegKV7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,473.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zLY3ddvVzY24" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zBCoFEhNfwEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(73.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zqcOpbauKkzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6z5zHz8C15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(75,414.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zxJovy9iMt5l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(64,989.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Comprehensive income:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) on the translation of foreign operations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAmNhjSyDi58" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,449.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zad9SHp1cITa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zYlj3yISlFwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zE6P12vwdIXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zb2SXc3Nczif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zR9Geu6hmDzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyNDERK1iEMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_ztYQou14I6Y3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,449.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash flow hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zs770gQMB0F2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXi7r1Ltpv42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;480.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zU84TTTIzE04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQtjw3i45Xdk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zcHnGpfIL3A9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zB1Vx1qtP6sg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6NBznUI8o3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZOVRY1w1T9i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;480.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zJLpFLtiSaP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zOYa9bPKOZQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zqPqCb5BdoT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;341.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6OSnEgxKs8g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zrQ6e6SRGkEd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_znbiNXt2lGag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zpkGmdi0XuJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3JilzFMCGK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;341.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Comprehensive income&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zkezN6aPliYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,449.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z9nRPDsoiit2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;480.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zhOUuz0OXD5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;341.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z1vO3o7Cj6H9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDvzrdRdCso1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zpV7piKTJhk8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zvGm5PXaCGae" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zMZFzi9EOQZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,272.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zctug2cDFxWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zYsTYn4PIr7g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpRGhHjTFpM6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zUFtzU8DD1L7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z2cT1ImrbMPa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zxlGd4CJGW23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zQCxjD18bKJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZBXmVhzR8Y" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) of controlling interest&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zzwBNH69rtNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zBfvUQ7AjJxa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zMBTWNhjOUYi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zuOJz3K3IdJg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z4wcII8YcWF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zQmZ2PqhTI43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zYQQQeb4uEm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zGWtjdOHBGw7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Tax on deemed dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zg4dGlMQ6lwj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQ1lBVxiIVud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z28N11GMWAEf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_ztCGK9PywAda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zGS73BG5V2xe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zDDwhTkxhRp7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zmLdM7RlxUE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zxnIsnYYb4oa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfwONUEYZ1o2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTBQJ31UuGr2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zchL3ZImafP2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_znUFjWdapUg6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z6sRT8W6Fa4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zvATIZ8RPDU6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zwZhNStFaFw6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zWGATPmWzdnk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zQiCUOIeb1ei" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;13,526.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zlJklndLopif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,225.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zQ4xngcQfi57" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,131.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zKkIHMdoPmK3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zQTdhr6iq1f9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(121.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy4PtW9jZlxg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zGeTvXgcvpK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(75,426.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_z7FqnAoyvILj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(61,778.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Comprehensive income:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) on the translation of foreign operations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ziGftlPtGzVa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6,772.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zC7yBRIQqpBb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znymMbzrH81f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zY9iJIL2a8Ic" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z87q2fotkDE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zZAIA0rkvjy7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zDMA5BpwFuOj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zJOkGGhKsmja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6,772.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash flow hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zIL5anA4MITj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXhn4qGqRtX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(316.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z6TSbDaRuuDk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxwyY9WSl2g3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zURGtejrnqx6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze0eNuqaQ8Bf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_z1ZUlOx69Cz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zrRfJkpdTBnl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(316.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAJt8jPIjW22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zD1Pp1sDBDLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zb5zWxQlbhL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;466.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfQZMTUuiwQ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zAEN7bJiqfj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zwmi2XDqdTWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyFSWJBWmsmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zHBCyBQlxh3f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;466.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Comprehensive income&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ztJCfVLp0EL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,772.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zbU3aaTmDfth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(316.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z8P1WzUFWzsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;466.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zNIStxy3juO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zTE3No1uY9Th" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze6Ywa6nc34k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zW7v6ClZpqyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zEXgTTxsioAb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,622.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) of controlling interest&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfvann5ppma8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zpVJOcLOXuQ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zfpKuems8XEe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQ9J8rqcatod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zE1ZOfLViO0a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zJO6l6qwcNF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_ztc6tdGq7DV2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3hBBzoQe4T8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Tax on deemed dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zTeIZ63NxWYh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zB0UCRi8Phrb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z4Rtge3qQpVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjjtTLPzjEFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zuQdDwAFvnDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ziFogqsoRnx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zgPm9LRgg4P2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIkKPOMxa9Xi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zXgjbcB3Acw7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXHX9XOlvIp5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zohPy4FvNEnj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjt02Av4bES5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zJDXWyu21PL9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zSBaO0iPe5Vh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_pn5n7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zYQ6bCoP3yie" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfIhyVJBd8ik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,754.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zycnhRW5jFvi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;908.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpepFakFyDUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(665.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvplvXDcOH35" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDkayjmysy3k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(130.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zc1aqN40QPe4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSZwoUbquDbc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(75,437.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zbqnUKP2Ryva" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(68,421.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;



&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;b&gt;(d.1) Translation reserves&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The translation reserves comprise all foreign
currency exchange differences arising from the translation of the financial statements with a functional currency different to the Real.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The translation reserves also comprise the portion
of the gain or loss on the foreign currency liabilities and on the derivative financial instruments determined to be effective net
of investment hedges.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(d.2) Cash flow hedge reserves&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The hedging reserves represent the effective portion
of the cumulative net change in the fair value of cash flow hedges to the extent that the hedged risk has not yet impacted profit or loss
(for additional information, see Note 28 - &lt;i&gt;Financial instruments and risks)&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;b&gt;(d.3) Actuarial gains and losses&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Actuarial gains and losses include expectations regarding
future pension plan obligations. Consequently, the results of actuarial gains and losses are recognized on a timely basis considering
the best estimates available to Management. Accordingly, the Company recognizes the results of these estimated actuarial gains and losses,
on a monthly basis, based on the expectations presented in the independent actuarial report.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In March, 2021, an actuarial loss of R$&lt;span id="xdx_908_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsBeforeTaxDefinedBenefitPlans_pn3n3_c20210301__20210331_zkTFVvYXgnVj" title="Actuarial loss"&gt;56,940&lt;/span&gt; arising
from the deficit on the defined benefits plan was fully recorded under actuarial gains and losses as a counterpart to the balance receivable
originally recorded. There were no actuarial gains or losses arising from surplus or deficit in 2022.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(d.4) &lt;span style="color: black"&gt;Accounting adjustments
for transactions between shareholders&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;As determined by IFRS 10, any difference between the
amount paid (fair value) for the acquisition of a non-controlling interest and the carrying amount of such non-controlling interest shall
be recognized directly in the controlling shareholders&#x2019; equity. The acquisition of the non-controlling interest related to Former
Ambev and the abovementioned adjustment was recognized in Carrying value adjustments when applicable.&lt;/p&gt;

&lt;p style="font: 10pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(e) Earnings per share&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Basic and diluted earnings per share of the stock option and deferred stock&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 10pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The calculation of the basic earnings per share is based
on the net income attributable to the equity holders of Ambev and the proportional weighted average number of shares outstanding during
the year.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The diluted earnings per share of the stock option and
deferred stock is based on the net income attributable to the equity holders of Ambev, adjusted by the weighted average number of shares
outstanding during the year to assume the conversion of all potentially dilutive shares, as follows:&lt;/p&gt;

&lt;p style="font: 10pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfEarningsPerShareExplanatory_pn5n6_zkdtei42DpL9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Diluted Earnings (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_zSJV7QLdPN4g" style="display: none"&gt;Schedule of earnings per share&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_492_20220101__20221231_zfpHQXzXPTuj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_490_20210101__20211231_zW8FrM1VJHP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49C_20200101__20201231_zFZYoBgXxvEl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 54%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Million shares&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--WeightedAverageShares_i_pdd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;Weighted average number of shares at December 31&#160;&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal; font-weight: normal"&gt;&lt;sup id="xdx_F43_z1lWY3J29Lac"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,741.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,736.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,733.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_i_pdd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effect of shares options&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;106.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;120.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;134.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--AdjustedWeightedAverageShares_zQ6Rbf7qGbu1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Weighted average number of shares (diluted) at December 31&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,848.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,857.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,867.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F06_zW1wfXVDn4P6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F10_zT021yCfwhZb" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Not including treasury shares.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8A7_zqalkqRJLkCf" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The tables below present the calculation of earnings
per share (&#x201c;EPS&#x201d;):&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--EarningsPerShareExplanatory_pn5n6_zGilL3M7fo0l" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Calculation of Earnings Per Share (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_zB3TJyyKoXQ2" style="display: none"&gt;Schedule of calculation of earnings
per share&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_zCl5e7qhfYC8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20210101__20211231_z7tslHVuO86k" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_z3YcnY5ogQSg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_zoiBKjZAdvoi" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Income attributable to the equity holders of Ambev&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,457.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12,671.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11,379.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--WeightedAverageShares_zL8oMr2XNB82" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Weighted average number of shares (non diluted)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,741.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,736.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,733.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--BasicEarningsLossPerShare_pip0_zSNaBW2ZpWx4" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Basic EPS&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup id="xdx_F45_zStYwfsXgP5c"&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.9184&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.8052&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.7233&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_i_pn6n6" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Income attributable to the equity holders of Ambev&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,457.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12,671.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11,379.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--AdjustedWeightedAverageShares1_zlkRuQp9CLxh" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Weighted average numbers of shares (diluted)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,848.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,857.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,867.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--DilutedEarningsLossPerShare_pip0_zL3xnJawEiQ1" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Diluted EPS&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup id="xdx_F4D_ztQ3zBIf1X0j"&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.9123&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.7991&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.7171&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F0D_zm0S9fHVS4Fk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F14_zNaendMZi6g3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Expressed in Brazilian Reais.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8A8_zAUH2yl00zM4" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(f) Destinations&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;At December 31, 2022, the Company made
appropriations to retained earnings, in accordance with the Brazilian Corporate law and the Company&#x2019;s bylaws. The dividends
payments made up to December 31, 2022 were approved at the Board of Directors&#x2019; Meeting.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Regarding the basis for dividends, the Company
believes that the predecessor basis of accounting, as well as its presentation for comparative purposes, will not affect the
determination of the minimum mandatory dividend. Therefore, the Company intends to adjust the calculation basis of the minimum
mandatory dividend to cancel out any current and future impacts on net income arising from the adoption of this accounting practice,
related to the amortization or depreciation of surplus assets or even a possible impairment of goodwill, thus preserving the
mandatory minimum dividends.&lt;/p&gt;






&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureForTheBasisOfDividendsTextBlock_pn5n6_zQHvuefMhRm3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Basis for Dividends (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_zMMDdtWZUN92" style="display: none"&gt;Schedule of basis of dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_z7MRNigRGIE4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zH3y8ymFt3Uh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zk7SaPuvcie9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 63%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ProfitLossAttributableToOwnersOfParent_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net income, attributable to equity holders of Ambev&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,457.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,671.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,379.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--PrescribedDividends_i_pn6n6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Prescribed/(complementary) dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;24.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_i_pn6n6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,224.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,063.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,344.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--RetainedEarningsBasisForDividendsAndDestinations_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Retained earnings basis for dividends and destinations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;17,715.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,771.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,762.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Dividends and interest on capital distributed and accrued for distribution based on the net income for the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--DividendsAndInterestOnCapitalPaidBasedOnProfit_zRfpr8Wlk4o9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dividends and interest on capital paid based on profit&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11,999.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9,499.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,716.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--TotalOfDividendsAndInterestOnCapital_iT_zEQa2gN8IQa1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total of dividends and interest on capital&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,999.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,499.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,716.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--DividendPercentageOfNetIncome_pip0_dp_zxyowIcfHNh6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Percentage of distributed profit&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;68%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;64%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;60%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_z5S8QCUfiIV2" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</abev:DisclosureOfChangesInEquityTextBlock>
    <ifrs-full:DisclosureOfIssuedCapitalExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfIssuedCapitalExplanatory_pn5n6_zYCFQt0Qinv" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Stock (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BD_z6dlbPqtkEuk" style="display: none"&gt;Schedule of issued capital&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million common shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Beginning balance&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_z0vutq0Fan2k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,744.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zLBKat17NQS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;58,042.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zU5QIAl3CgY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,735.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zlt2B0btNMVh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;57,899.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--EquitySharesOutstanding_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zZyotXl9nm75" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,733.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_zGLMSBoGx9y6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;57,866.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital&#160;increase&lt;/span&gt;&lt;span style="font-family: Times New Roman,serif"&gt;&lt;sup&gt;&#160;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IssueOfEquityShares_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zeiq8ns1w9vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkpoA_____zYLpc8ZMW7Vj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;88.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IssueOfEquityShares_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXHjs6WEOfh9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IssueOfEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_z3E74SfyZKz5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;143.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IssueOfEquityShares_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zXDlyzeb1o9c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IssueOfEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGkp_zpZIdgeCIkXf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Final balance&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--EquitySharesOutstanding_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zWA9n6YHWo28" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,750.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____z0qSBF0ghFT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;58,130.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--EquitySharesOutstanding_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zpxXbkTm2OC" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,744.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Equity_iE_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zjhThg9KePyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;58,042.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--EquitySharesOutstanding_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zCzPzLWl8Xlc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;15,735.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--IssuedCapitalMember_fKGlpKQ_____zwVRkkrPihAc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;57,899.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/115% Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F07_zfY57S7XqDEh" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F14_z8UnjhgIG3kd" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Capital increase related to the issue of shares.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 5pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F00_z3qMTKv2bORj" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F17_zNm5lEk3TmZ6" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The capital stock is fully subscribed and paid up.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</ifrs-full:DisclosureOfIssuedCapitalExplanatory>
    <abev:EquitySharesOutstanding
      contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      unitRef="Shares">15744400000</abev:EquitySharesOutstanding>
    <ifrs-full:Equity
      contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      unitRef="BRL">58042500000</ifrs-full:Equity>
    <abev:EquitySharesOutstanding
      contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      unitRef="Shares">15735100000</abev:EquitySharesOutstanding>
    <ifrs-full:Equity
      contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      unitRef="BRL">57899100000</ifrs-full:Equity>
    <abev:EquitySharesOutstanding
      contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      unitRef="Shares">15733600000</abev:EquitySharesOutstanding>
    <ifrs-full:Equity
      contextRef="AsOf2019-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      unitRef="BRL">57866800000</ifrs-full:Equity>
    <abev:IssueOfEquityShares
      contextRef="From2022-01-012022-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004069"
      unitRef="Shares">5800000</abev:IssueOfEquityShares>
    <ifrs-full:IssueOfEquity
      contextRef="From2022-01-012022-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004070"
      unitRef="BRL">88000000.0</ifrs-full:IssueOfEquity>
    <abev:IssueOfEquityShares
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004071"
      unitRef="Shares">9300000</abev:IssueOfEquityShares>
    <ifrs-full:IssueOfEquity
      contextRef="From2021-01-012021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004072"
      unitRef="BRL">143400000</ifrs-full:IssueOfEquity>
    <abev:IssueOfEquityShares
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004073"
      unitRef="Shares">1500000</abev:IssueOfEquityShares>
    <ifrs-full:IssueOfEquity
      contextRef="From2020-01-012020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004074"
      unitRef="BRL">32300000</ifrs-full:IssueOfEquity>
    <abev:EquitySharesOutstanding
      contextRef="AsOf2022-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004075"
      unitRef="Shares">15750200000</abev:EquitySharesOutstanding>
    <ifrs-full:Equity
      contextRef="AsOf2022-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004076"
      unitRef="BRL">58130500000</ifrs-full:Equity>
    <abev:EquitySharesOutstanding
      contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004077"
      unitRef="Shares">15744400000</abev:EquitySharesOutstanding>
    <ifrs-full:Equity
      contextRef="AsOf2021-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004078"
      unitRef="BRL">58042500000</ifrs-full:Equity>
    <abev:EquitySharesOutstanding
      contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004079"
      unitRef="Shares">15735100000</abev:EquitySharesOutstanding>
    <ifrs-full:Equity
      contextRef="AsOf2020-12-31_ifrs-full_IssuedCapitalMember"
      decimals="-5"
      id="Fact004080"
      unitRef="BRL">57899100000</ifrs-full:Equity>
    <abev:DisclosureOfClassesOfCapitalReservesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfClassesOfCapitalReservesTextBlock_pn5n6_z7Z1nUoX1fUj" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Capital Reserves (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_zNPcYxPAjw62" style="display: none"&gt;Schedule of capital reserves&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Capital Reserves&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Treasury shares&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Share Premium&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Other capital reserves&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Share-based Payments&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxVq0VExyECk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;(955.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zIeyh9FqE53i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zqbAhuPSAhj5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zikWrrFo1ir6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;1,403.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CapitalReserve_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z05QiynRXl49" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;54,811.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital Increase&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zxdn1MkDonVd" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zaB4vIeM1e63" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_907_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zknYCE6X2fpb" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztHKEafpBjE1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;(32.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zmLl6m9Lmbs5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;(32.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Purchases of shares, results of treasury shares and share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zNA8cz7hDF9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;13.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90D_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z8LUFC9uKLmh" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_904_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zzOybVXCP9th" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zG7kiCBR8lyf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;192.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8916K7FKc0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;206.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zz9T3HxSPa2b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(941.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zAMpEetjR3b1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zpZTmwlM9vC5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_z4mOtkaIZAY4" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,563.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CapitalReserve_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zcBGoj74rfj1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;54,985.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital Increase&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zFuaJkchCH7l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(60.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_904_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zdng4CVRtnCh" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_909_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_z0vW69Tfpwe4" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zMhO88o3ktR5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(74.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_z8PykBXl2Cdd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(134.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Purchases of shares, results of treasury shares and share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zb4fGkXQQTjj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(36.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_90B_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zxYK26oRHZpl" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zNtZ6ZAZ65Sj" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zrVrVSW3KSJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;372.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zR7mZAgFPSGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;336.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zWUuaW20CX4f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,037.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zyQ2YMTBIf2c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zMIHByMkepc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zgIYG7vNS4Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,861.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CapitalReserve_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zUZ3xnMAL5Ld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Beginning balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;55,187.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capital Increase&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_905_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zYNgV79CVRK2" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_906_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zO3rBa0njrFl" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_90D_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zwMrlEEuKgy3" title="Capital Increase"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zY83lbmtHdog" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(64.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughEquityIncrease_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zxn34hjzePyk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Capital Increase"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(64.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Purchases of shares, results of treasury shares and share-based payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zHazrlznTrvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(35.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_901_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_z041uWJ2GTJk" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span id="xdx_907_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zugxcCjC3Eu2" title="Purchases of shares and results from treasury shares"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_ztJr6fT8vqn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIDgz90odum4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Purchases of shares and results from treasury shares"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;216.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--TreasurySharesMember_zTFLXiyqaoa7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,073.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--SharePremiumMember_zgISDPZg3rcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;53,662.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--OtherReservesMember_zc46CDl3kqRj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;700.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--ReserveOfSharebasedPaymentsMember_zPM8A3FVxx17" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,049.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CapitalReserve_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--CapitalReserveMember_zIp9NVkaWFN4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Final balance, capital reserves"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;55,339.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfClassesOfCapitalReservesTextBlock>
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    <ifrs-full:CapitalReserve
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      unitRef="BRL">53662800000</ifrs-full:CapitalReserve>
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      unitRef="BRL">54811500000</ifrs-full:CapitalReserve>
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      unitRef="BRL">-0</abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve>
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      unitRef="BRL">-0</abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve>
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      unitRef="BRL">192900000</abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve>
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      decimals="-5"
      unitRef="BRL">206400000</abev:IncreaseDecreaseThroughTreasuryShareTransactionsCapitalReserve>
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      unitRef="BRL">53662800000</ifrs-full:CapitalReserve>
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      unitRef="BRL">54985600000</ifrs-full:CapitalReserve>
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    <ifrs-full:DisclosureOfTreasurySharesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_889_eifrs-full--DisclosureOfTreasurySharesExplanatory_pn5n6_z1oE2KPNeYkb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Treasury Shares (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zid2WgDFbwAd" style="display: none"&gt;Schedule of treasury shares&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Acquisition /realization of shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Result of Treasury Shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Treasury Shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: top; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Brazilian Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million shares&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Million Brazilian Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20200101__20201231_zEPjZQhVM9x3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20200101__20201231_zOA0eCzEAeLk" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(68.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TreasurySharesHeld_iS_pn5n6_c20200101__20201231_zHruPEoeoUkd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(887.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--TreasuryShares_iS_pn5n6_c20200101__20201231_zGyYaCfwOsU9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(955.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Changes during the year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20200101__20201231_zFKTQiqjCFDc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20200101__20201231_zjfMFLsvo0A3" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;65.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20200101__20201231_zEsQCDXAqAS7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(51.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20200101__20201231_z1ZjUj9et4d6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20210101__20211231_zWfJEdDh2Mw" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20210101__20211231_zvn8ardWt5C5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TreasurySharesHeld_iS_pn5n6_c20210101__20211231_zkniWz4y3oI6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(938.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--TreasuryShares_iS_pn5n6_c20210101__20211231_zba8YCHAvWLb" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(941.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Changes during the year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20210101__20211231_za9ZDd59jW7i" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20210101__20211231_zshm2lARtRAd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(95.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20210101__20211231_z5mN352JmoWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20210101__20211231_zIniguTpgpv5" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(96.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TreasurySharesAcquiredrealizedOutstanding_iS_pn5n6_c20220101__20221231_zWUcEYIDYmde" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;5.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iS_pn5n6_c20220101__20221231_zlSUsNzoy5P3" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(98.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TreasurySharesHeld_iS_pn5n6_c20220101__20221231_zIT4VQ9MKDs4" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(939.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--TreasuryShares_iS_pn5n6_c20220101__20221231_zQBNQ1NmghOi" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,037.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Changes during the year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TreasurySharesAcquiredRealizedDuringThePeriod_pn5n6_c20220101__20221231_zpklnh6Xp9Ta" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TreasurySharesAcquiredrealizedDuringThePeriodAmount_pn5n6_c20220101__20221231_zkEtkLrDC3Ol" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(33.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TreasurySharesChangeDuringThePeriod_pn5n6_c20220101__20221231_zTqjtplhK1N7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TreasurySharesChangeDuringThePeriodValue_pn5n6_c20220101__20221231_zaMP0s3RVSgd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Changes during the year, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(35.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TreasurySharesAcquiredrealizedOutstanding_iE_pn5n6_c20220101__20221231_zuAflKDkrYnd" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;8.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TreasurySharesAcquiredrealizedOutstandingAmount_iE_pn5n6_c20220101__20221231_zbzPmKvsiI6g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares acquired/realized, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(131.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TreasurySharesHeld_iE_pn5n6_c20220101__20221231_zFqUbVBnytS6" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares (in shares)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(941.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--TreasuryShares_iE_pn5n6_c20220101__20221231_zjeo73RShoO5" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, treasury shares, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,073.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;</ifrs-full:DisclosureOfTreasurySharesExplanatory>
    <abev:TreasurySharesAcquiredrealizedOutstanding contextRef="AsOf2019-12-31" decimals="-5" unitRef="Shares">3600000</abev:TreasurySharesAcquiredrealizedOutstanding>
    <abev:TreasurySharesAcquiredrealizedOutstandingAmount contextRef="AsOf2019-12-31" decimals="-5" unitRef="BRL">-68200000</abev:TreasurySharesAcquiredrealizedOutstandingAmount>
    <abev:TreasurySharesHeld contextRef="AsOf2019-12-31" decimals="-5" unitRef="Shares">-887000000.0</abev:TreasurySharesHeld>
    <ifrs-full:TreasuryShares contextRef="AsOf2019-12-31" decimals="-5" unitRef="BRL">-955200000</ifrs-full:TreasuryShares>
    <abev:TreasurySharesAcquiredRealizedDuringThePeriod
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="Shares">-3400000</abev:TreasurySharesAcquiredRealizedDuringThePeriod>
    <abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">65000000.0</abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount>
    <abev:TreasurySharesChangeDuringThePeriod
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="Shares">-51500000</abev:TreasurySharesChangeDuringThePeriod>
    <abev:TreasurySharesChangeDuringThePeriodValue
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">13500000</abev:TreasurySharesChangeDuringThePeriodValue>
    <abev:TreasurySharesAcquiredrealizedOutstanding contextRef="AsOf2020-12-31" decimals="-5" unitRef="Shares">200000</abev:TreasurySharesAcquiredrealizedOutstanding>
    <abev:TreasurySharesAcquiredrealizedOutstandingAmount contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">-3200000</abev:TreasurySharesAcquiredrealizedOutstandingAmount>
    <abev:TreasurySharesHeld contextRef="AsOf2020-12-31" decimals="-5" unitRef="Shares">-938500000</abev:TreasurySharesHeld>
    <ifrs-full:TreasuryShares contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">-941700000</ifrs-full:TreasuryShares>
    <abev:TreasurySharesAcquiredRealizedDuringThePeriod
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="Shares">5600000</abev:TreasurySharesAcquiredRealizedDuringThePeriod>
    <abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-95100000</abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount>
    <abev:TreasurySharesChangeDuringThePeriod
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="Shares">-1000000.0</abev:TreasurySharesChangeDuringThePeriod>
    <abev:TreasurySharesChangeDuringThePeriodValue
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">-96100000</abev:TreasurySharesChangeDuringThePeriodValue>
    <abev:TreasurySharesAcquiredrealizedOutstanding contextRef="AsOf2021-12-31" decimals="-5" unitRef="Shares">5800000</abev:TreasurySharesAcquiredrealizedOutstanding>
    <abev:TreasurySharesAcquiredrealizedOutstandingAmount contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">-98300000</abev:TreasurySharesAcquiredrealizedOutstandingAmount>
    <abev:TreasurySharesHeld contextRef="AsOf2021-12-31" decimals="-5" unitRef="Shares">-939500000</abev:TreasurySharesHeld>
    <ifrs-full:TreasuryShares contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">-1037800000</ifrs-full:TreasuryShares>
    <abev:TreasurySharesAcquiredRealizedDuringThePeriod
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="Shares">2700000</abev:TreasurySharesAcquiredRealizedDuringThePeriod>
    <abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-33500000</abev:TreasurySharesAcquiredrealizedDuringThePeriodAmount>
    <abev:TreasurySharesChangeDuringThePeriod
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="Shares">-2100000</abev:TreasurySharesChangeDuringThePeriod>
    <abev:TreasurySharesChangeDuringThePeriodValue
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-35600000</abev:TreasurySharesChangeDuringThePeriodValue>
    <abev:TreasurySharesAcquiredrealizedOutstanding contextRef="AsOf2022-12-31" decimals="-5" unitRef="Shares">8500000</abev:TreasurySharesAcquiredrealizedOutstanding>
    <abev:TreasurySharesAcquiredrealizedOutstandingAmount contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">-131800000</abev:TreasurySharesAcquiredrealizedOutstandingAmount>
    <abev:TreasurySharesHeld contextRef="AsOf2022-12-31" decimals="-5" unitRef="Shares">-941600000</abev:TreasurySharesHeld>
    <ifrs-full:TreasuryShares contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">-1073400000</ifrs-full:TreasuryShares>
    <ifrs-full:AdjustmentsForSharebasedPayments
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">313900000</ifrs-full:AdjustmentsForSharebasedPayments>
    <ifrs-full:AdjustmentsForSharebasedPayments
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">387600000</ifrs-full:AdjustmentsForSharebasedPayments>
    <ifrs-full:AdjustmentsForSharebasedPayments
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">208700000</ifrs-full:AdjustmentsForSharebasedPayments>
    <abev:DisclosureOfNetIncomeReservesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfNetIncomeReservesTextBlock_pn5n6_zfe8LZeTF10e" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Net Income Reserves (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_zgq8EzOOiaB6" style="display: none"&gt;Schedule of net income reserves&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net income reserves&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: top; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Investments reserve&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Legal reserve&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Fiscal incentive&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zX1ed8Q3zPla" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;10,798.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z9Mkd3mksWYk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zvj4Jej3Ekef" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;10,071.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zGIFAhDdc3Ih" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,874.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Fiscal&#160;incentive&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zLIRasOTC8F4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl4260"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_znY1seYBuL71" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zBCYTVDCG6g9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,332.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzeRGI5aq4Kf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,332.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zo8ecsE1CcM8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,713.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zB51lJYNXgnj" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zgeIwuMf8nT5" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl4272"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_z236uyzf5n3c" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,713.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At&#160;December&#160;31,&#160;2020&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zYWlcufvGKCl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,511.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zF5GDruBwyQa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zINqnim1tKRj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,404.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zFpK6OgbiBua" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;25,920.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Fiscal incentive reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zT4NPmcnnAui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zs5Kr5OAr708" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zanm7X7N35ra" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,423.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zzKANLsuDOmk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,423.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zgfGKMNSr621" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,848.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zcgN3yXJrQRk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zcRkH9YCXw04" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zOgy7CayDlGk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,848.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At&#160;December&#160;31,&#160;2021&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zVWCClV7PeD5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;18,359.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zZxgxKQkKgCd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zZqouQPbPcB9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,827.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zEi9OLvYzzOk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;31,191.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Fiscal&#160;incentive&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zXmOQv1zjgrl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_z4m3Kt1os3S4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zegJXicJPSBj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,018.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseInFiscalIncentiveReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zhJqphX7U9nf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fiscal incentive reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,018.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investments&#160;reserve&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zCMgqZonlXa3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,696.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zBZAs7XEAPU" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zbv85eBEgzp" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseInvestmentsReserve_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zBZvISAzsZO7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Investments reserve"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,696.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At&#160;December&#160;31,&#160;2022&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesInvestmentReserveMember_zUQDpaDgbQuk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;22,055.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesLegalReserveMember_zU2AbTQXqQZg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReservesFiscalIncentiveMember_zLHTGcr6XdAe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,846.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--NetIncomeReserveMember_zErxcZpf10k6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;36,907.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfNetIncomeReservesTextBlock>
    <ifrs-full:Equity
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      unitRef="BRL">11404400000</ifrs-full:Equity>
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      unitRef="BRL">25920000000.0</ifrs-full:Equity>
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      unitRef="BRL">4500000</ifrs-full:Equity>
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      contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesInvestmentReserveMember"
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      contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesLegalReserveMember"
      decimals="-5"
      unitRef="BRL">-0</abev:IncreaseDecreaseInFiscalIncentiveReserve>
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      contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesFiscalIncentiveMember"
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      unitRef="BRL">2018700000</abev:IncreaseDecreaseInFiscalIncentiveReserve>
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      unitRef="BRL">3696700000</abev:IncreaseDecreaseInvestmentsReserve>
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      decimals="-5"
      unitRef="BRL">-0</abev:IncreaseDecreaseInvestmentsReserve>
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      contextRef="From2022-01-012022-12-31_custom_NetIncomeReservesFiscalIncentiveMember"
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      unitRef="BRL">-0</abev:IncreaseDecreaseInvestmentsReserve>
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      contextRef="From2022-01-012022-12-31_custom_NetIncomeReserveMember"
      decimals="-5"
      unitRef="BRL">3696700000</abev:IncreaseDecreaseInvestmentsReserve>
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      unitRef="BRL">22055900000</ifrs-full:Equity>
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      unitRef="Pure">0.60</abev:InvestmentReserveLimitPercentageOfNetIncome>
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      unitRef="Pure">0.05</abev:StatutoryReserveLimitPercentageOfNetIncome>
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      decimals="INF"
      unitRef="Pure">0.30</abev:StatutoryReserveSupplementationCutoffPercentageRelatedToCapitalStock>
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      decimals="INF"
      unitRef="Pure">0.40</abev:MinimumMandatoryDividend>
    <abev:DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock_pn5n6_zOfvMmUc8FFi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Interest on Shareholders' Equity Dividends (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_zYz0sLm0FgP" style="display: none"&gt;Schedule of interest on shareholders' equity and dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Event&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Approval&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Date of payment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type of share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Amount per share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Total amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;6/12/2022&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Interest on shareholder&#xb4;s equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/29/2022&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2022&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221206__20221229_zYM9wLO7mOBk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.7623&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20221206__20221229_zK6us2j9Sg8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;11,999.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20220101__20221231_zM4qTL4uATRh" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&#160;11,999.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of interest on shareholders&#x2019; equity&lt;/span&gt;.
In accordance with the Operations and Finance Committee recommendation at the meeting held on December 5, 2022, a distribution of interest
on shareholders&#x2019; equity in the amount of R$&lt;span id="xdx_903_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20221201__20221205_zqyrwNA9s8Vh"&gt;0.7623
&lt;/span&gt;per share was approved, based on available balances, in the Company&#x2019;s extraordinary balance sheet dated as at October 31,
2022, and in the Company&#x2019;s investment reserve, pursuant to the balance sheet dated as at December 31, 2021, which were attributed
to the minimum mandatory dividends of the same fiscal year. The interest on the shareholders&#x2019; equity distribution was taxed pursuant
to the applicable law, which resulted in a net interest on shareholder&#x2019;s equity distribution of R$&lt;span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211201__20211231_zR8pKRH22dDh" title="Interest on shareholders equity distribution"&gt;0.6480
&lt;/span&gt;per Company share in fiscal year 2022.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on December 29, 2022,
considering the shareholding position of December 19, 2022 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;),
and December 21, 2022 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Events during the year ended 2021:&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Event&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Approval&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Date of payment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type of share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Amount per share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Total amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/09/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/30/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pid_c20211209__20211230_zrF9fVUZfPe5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.1334&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20211209__20211230_zDbl3RTxeqZk" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;2,099.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/09/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Interest on shareholder&#xb4;s equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/30/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20211209__20211230_zCAyy8jSdWcc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.4702&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20211209__20211230_zYKm3kh6W3jh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;7,400.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20210101__20211231_z2FmYL76GsLg" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&#160;9,499.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of Dividends&lt;/span&gt;. In accordance with
the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a distribution of dividends
of R$&lt;span id="xdx_904_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20211201__20211207_zmbFxu7Ja6S1"&gt;0.1334&lt;/span&gt;
per share was approved, based on available balance and the Company&#x2019;s extraordinary balance sheet dated as at November 30, 2021
and attributed to the minimum mandatory dividends for the same fiscal year, without income tax withholding in accordance with current
legislation.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on December 30, 2021 considering
the shareholding position of December 17, 2021 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;), and December
21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="text-decoration: underline"&gt;Distribution of interest on shareholders&#x2019; equity&lt;/span&gt;.
In accordance with the recommendation of the Operations, Finance and Compensation Committee at a meeting held on December 7, 2021, a
distribution of interest on shareholders&#x2019; equity of R$&lt;span id="xdx_902_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare1_pip0_c20211201__20211207_zdE0GezSExl7" title="Interest on shareholders equity dividends amount per share1"&gt;0.4702
&lt;/span&gt;per share was approved, based on the available balance and the Company&#x2019;s extraordinary balance sheet dated as at November
30, 2021 and attributed to the minimum mandatory dividends for the same fiscal year. The distribution of interest on shareholder&#x2019;s
equity was taxed pursuant to applicable law, which resulted in a net distribution of interest on shareholder&#x2019;s equity of R$&lt;span id="xdx_90A_ecustom--InterestOnShareholdersEquityDistribution_pip0_c20211101__20211130_zDFUz6SLvX58" title="Interest on shareholders equity distribution"&gt;0.3996
&lt;/span&gt;per share.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The indicated payment was made on December 30, 2021,
considering the shareholding position of December 17, 2021 with respect to B3 S.A. &#x2013; (&#x201c;Brasil, Bolsa, Balc&#xe3;o&#x201d;),
and December 21, 2021 with respect to the New York Stock Exchange - NYSE, without any monetary adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Events during the year ended 2020:&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Event&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Approval&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Date of payment&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Type of share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Amount per share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-right: white 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Total amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/21/2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;01/28/2021&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--InterestOnShareholdersEquityDividendsAmountPerShare_pip0_c20200101__20201231_zCx3AOQ1bzR7" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, dividends (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.0767&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDividendsAmount_pn5n6_c20200101__20201231_z2Q7vSj1TXue" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;1,206.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Board of Directors Meeting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/09/2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;Interest on shareholder&#xb4;s equity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;12/30/2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;2020&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;ON&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAmountPerShare_pip0_c20200101__20201231_zBBMMIZV3vod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount per share, distribution (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;0.4137&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--InterestOnShareholdersEquityDistributionAmount_pn5n6_c20200101__20201231_zLRmaSPDxMh4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Amount, distribution"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&#160;6,509.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--InterestOnShareholdersEquityDistributionAndDividendAmount_pn5n6_c20200101__20201231_zFY4lDuQQKDi" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;&#160;7,716.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfInterestOnShareholdersEquityAndDividendsTextBlock>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare
      contextRef="From2022-12-062022-12-29"
      decimals="INF"
      unitRef="BRLPerShare">0.7623</abev:InterestOnShareholdersEquityDividendsAmountPerShare>
    <abev:InterestOnShareholdersEquityDividendsAmount
      contextRef="From2022-12-062022-12-29"
      decimals="-5"
      unitRef="BRL">11999800000</abev:InterestOnShareholdersEquityDividendsAmount>
    <abev:InterestOnShareholdersEquityDistributionAndDividendAmount
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">11999800000</abev:InterestOnShareholdersEquityDistributionAndDividendAmount>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare
      contextRef="From2022-12-012022-12-05"
      decimals="INF"
      unitRef="BRLPerShare">0.7623</abev:InterestOnShareholdersEquityDividendsAmountPerShare>
    <abev:InterestOnShareholdersEquityDistribution
      contextRef="From2021-12-012021-12-31"
      decimals="INF"
      unitRef="BRLPerShare">0.6480</abev:InterestOnShareholdersEquityDistribution>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare
      contextRef="From2021-12-092021-12-30"
      decimals="INF"
      unitRef="BRLPerShare">0.1334</abev:InterestOnShareholdersEquityDividendsAmountPerShare>
    <abev:InterestOnShareholdersEquityDividendsAmount
      contextRef="From2021-12-092021-12-30"
      decimals="-5"
      unitRef="BRL">2099500000</abev:InterestOnShareholdersEquityDividendsAmount>
    <abev:InterestOnShareholdersEquityDistributionAmountPerShare
      contextRef="From2021-12-092021-12-30"
      decimals="INF"
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    <abev:InterestOnShareholdersEquityDistributionAmount
      contextRef="From2021-12-092021-12-30"
      decimals="-5"
      unitRef="BRL">7400100000</abev:InterestOnShareholdersEquityDistributionAmount>
    <abev:InterestOnShareholdersEquityDistributionAndDividendAmount
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">9499600000</abev:InterestOnShareholdersEquityDistributionAndDividendAmount>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare
      contextRef="From2021-12-012021-12-07"
      decimals="INF"
      unitRef="BRLPerShare">0.1334</abev:InterestOnShareholdersEquityDividendsAmountPerShare>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare1
      contextRef="From2021-12-012021-12-07"
      decimals="INF"
      unitRef="BRLPerShare">0.4702</abev:InterestOnShareholdersEquityDividendsAmountPerShare1>
    <abev:InterestOnShareholdersEquityDistribution
      contextRef="From2021-11-012021-11-30"
      decimals="INF"
      unitRef="BRLPerShare">0.3996</abev:InterestOnShareholdersEquityDistribution>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">0.0767</abev:InterestOnShareholdersEquityDividendsAmountPerShare>
    <abev:InterestOnShareholdersEquityDividendsAmount
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">1206900000</abev:InterestOnShareholdersEquityDividendsAmount>
    <abev:InterestOnShareholdersEquityDistributionAmountPerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">0.4137</abev:InterestOnShareholdersEquityDistributionAmountPerShare>
    <abev:InterestOnShareholdersEquityDistributionAmount
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">6509500000</abev:InterestOnShareholdersEquityDistributionAmount>
    <abev:InterestOnShareholdersEquityDistributionAndDividendAmount
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">7716400000</abev:InterestOnShareholdersEquityDistributionAndDividendAmount>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare
      contextRef="From2020-12-012020-12-21"
      decimals="INF"
      unitRef="BRLPerShare">0.0767</abev:InterestOnShareholdersEquityDividendsAmountPerShare>
    <abev:InterestOnShareholdersEquityDividendsAmountPerShare
      contextRef="From2020-12-012020-12-09"
      decimals="INF"
      unitRef="BRLPerShare">0.4137</abev:InterestOnShareholdersEquityDividendsAmountPerShare>
    <abev:InterestOnShareholdersEquityDistribution
      contextRef="From2020-11-012020-11-30"
      decimals="INF"
      unitRef="BRLPerShare">0.3517</abev:InterestOnShareholdersEquityDistribution>
    <abev:DisclosureOfChangesInCarryingValueOfEquityTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_88E_ecustom--DisclosureOfChangesInCarryingValueOfEquityTextBlock_pn5n6_zIEm9eFOUUNi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Carrying Value Adjustments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_zcr55hTCAs6" style="display: none"&gt;Schedule of Carrying value adjustments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying value adjustments&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 41%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Translation reserves&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&lt;i&gt;Cash flow hedge&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Actuarial gains/ (losses)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Put option granted on subsidiary&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Gains/(losses) of non-controlling interest&#x2019;s share&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Business combination&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Accounting adjustments for transactions between shareholders&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At January 1, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z1xYIKOWjkyg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,583.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zR2pl212ggvh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;645.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPtTDRZwEZT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,221.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6ZQDCGnwF3b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(50.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDFvDozVOjC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy7t8cgyEmfb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjIk7nBHaQ1i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(75,402.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Equity_iS_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zaCHplzhP7ef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(72,274.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Comprehensive income:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) on the translation of foreign operations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zMG8ihFdg9Md" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,493.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zcq1ABKg1jZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zkRxvYv53Jx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6u0JU0SlNB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zdLesvrzkld5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zojhi1Wxkpeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zxlfB76W0tKe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zagN3x2YeGcl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,493.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash flow hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zxBPUOxkRoYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTcsBtlgInT1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;99.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zJiiLbEVeQb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zEOOI6DIOGlf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zUbEUCAxk6zi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zFs9GXvcjaG2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zJeCxuEEHlT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zzPAmkjdeGT6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;99.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zZqduoMv7Tme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zxv0d3IqNgZ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zRhbGZa4ziBl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(252.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zcqjvc2v68Vg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zLRLkkgJ4Lfj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zArP1eH09eY" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zSBjRXlotXE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zvkNq5ntsHda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(252.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Comprehensive income&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zSOEnEFtkq8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,493.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQUxwW5wMgZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;99.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znSHPeje8dfl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(252.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQm73BuYgYr1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zinUdLGrQ8Vi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zT4QePRUTo2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zjlzbpfGSvik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIVKNT7SCu8f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,340.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z10Txo28ter1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zk1odwQDC2c6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z7XPi73MXSH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfA45vMQ5gy5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;45.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zmiDlf6xc7Y1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(82.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGjoB7HebJDc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zbRPuOA78Jxh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zNMgmc1W4eX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(37.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) of controlling interest&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zHhR5NUYq2Z4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z23pAXVlnF2d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zPHO2aNdTJp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvdOvaxPjQ81" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zsiJXgHgjuHj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zGHVBKDAwrjl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zXqUCAXXc0c1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zuT60jJT8B65" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Tax on deemed dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zjGtOB4uQDSf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zHvdIOEyqh18" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z24bDoERUWDa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxGWIPQeQeoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zbgogwHwWd6a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_z5Dm8FEaGEy1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zZ9w2VaB9jec" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zRcqJ1kpajKl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zRYdZDtL4Bdi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zp6kuwlLMQRj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zIwtRyrvjWIk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zidiVZECx8n8" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z5egB06MfuQl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zORiwPYHjz91" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zCO3vRCJX7F6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20200101__20201231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zPZAZw6Rkike" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_z4tlIzaijj4c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,076.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQCDxNvRuXe5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;744.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zbsIThwegKV7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,473.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zLY3ddvVzY24" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zBCoFEhNfwEa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(73.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zqcOpbauKkzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6z5zHz8C15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(75,414.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Equity_iS_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_zxJovy9iMt5l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(64,989.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Comprehensive income:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) on the translation of foreign operations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAmNhjSyDi58" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,449.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zad9SHp1cITa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zYlj3yISlFwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zE6P12vwdIXj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zb2SXc3Nczif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zR9Geu6hmDzc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyNDERK1iEMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_ztYQou14I6Y3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,449.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash flow hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zs770gQMB0F2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXi7r1Ltpv42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;480.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zU84TTTIzE04" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQtjw3i45Xdk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zcHnGpfIL3A9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zB1Vx1qtP6sg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zm6NBznUI8o3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZOVRY1w1T9i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;480.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zJLpFLtiSaP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zOYa9bPKOZQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zqPqCb5BdoT" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;341.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z6OSnEgxKs8g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zrQ6e6SRGkEd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_znbiNXt2lGag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zpkGmdi0XuJd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3JilzFMCGK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;341.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Comprehensive income&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zkezN6aPliYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,449.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_z9nRPDsoiit2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;480.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zhOUuz0OXD5e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;341.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_z1vO3o7Cj6H9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDvzrdRdCso1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zpV7piKTJhk8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zvGm5PXaCGae" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zMZFzi9EOQZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,272.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zctug2cDFxWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zYsTYn4PIr7g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpRGhHjTFpM6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zUFtzU8DD1L7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z2cT1ImrbMPa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zxlGd4CJGW23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zQCxjD18bKJi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--IncreaseDecreaseThroughOptionsGrantedOnSubsidiaryEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zZBXmVhzR8Y" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options granted on subsidiaries"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) of controlling interest&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zzwBNH69rtNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zBfvUQ7AjJxa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zMBTWNhjOUYi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zuOJz3K3IdJg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z4wcII8YcWF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zQmZ2PqhTI43" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zYQQQeb4uEm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zGWtjdOHBGw7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Tax on deemed dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zg4dGlMQ6lwj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zQ1lBVxiIVud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z28N11GMWAEf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_ztCGK9PywAda" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zGS73BG5V2xe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zDDwhTkxhRp7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zmLdM7RlxUE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zxnIsnYYb4oa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfwONUEYZ1o2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zTBQJ31UuGr2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zchL3ZImafP2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_znUFjWdapUg6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z6sRT8W6Fa4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zvATIZ8RPDU6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zwZhNStFaFw6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20210101__20211231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zWGATPmWzdnk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zQiCUOIeb1ei" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;13,526.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zlJklndLopif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,225.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zQ4xngcQfi57" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,131.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zKkIHMdoPmK3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zQTdhr6iq1f9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(121.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zy4PtW9jZlxg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zGeTvXgcvpK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(75,426.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iS_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsMember_z7FqnAoyvILj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(61,778.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Comprehensive income:&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) on the translation of foreign operations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ziGftlPtGzVa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6,772.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zC7yBRIQqpBb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_znymMbzrH81f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zY9iJIL2a8Ic" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_z87q2fotkDE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zZAIA0rkvjy7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zDMA5BpwFuOj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zJOkGGhKsmja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on the translation of foreign operations"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6,772.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash flow hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zIL5anA4MITj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXhn4qGqRtX8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(316.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z6TSbDaRuuDk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zxwyY9WSl2g3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zURGtejrnqx6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze0eNuqaQ8Bf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_z1ZUlOx69Cz8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--OtherComprehensiveIncomeNetOfTaxCashFlowHedges_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zrRfJkpdTBnl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Cash flow hedges"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(316.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Actuarial gains/(losses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zAJt8jPIjW22" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zD1Pp1sDBDLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zb5zWxQlbhL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;466.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zfQZMTUuiwQ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zAEN7bJiqfj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zwmi2XDqdTWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zyFSWJBWmsmj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluation_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zHBCyBQlxh3f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Actuarial gains/(losses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;466.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total Comprehensive income&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_ztJCfVLp0EL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,772.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zbU3aaTmDfth" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(316.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z8P1WzUFWzsi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;466.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zNIStxy3juO9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zTE3No1uY9Th" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ze6Ywa6nc34k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ComprehensiveIncome_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zW7v6ClZpqyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ComprehensiveIncome_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zEXgTTxsioAb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total comprehensive income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6,622.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Gains/(losses) of controlling interest&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfvann5ppma8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zpVJOcLOXuQ8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zfpKuems8XEe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zQ9J8rqcatod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zE1ZOfLViO0a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zJO6l6qwcNF9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_ztc6tdGq7DV2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransactionsWithOwners_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_z3hBBzoQe4T8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gains/(losses) on controlling interest"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Tax on deemed dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zTeIZ63NxWYh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zB0UCRi8Phrb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_z4Rtge3qQpVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjjtTLPzjEFi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zuQdDwAFvnDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_ziFogqsoRnx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_zgPm9LRgg4P2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DecreaseIncreaseThroughTaxOnFictitiousDividendsEquity_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zIkKPOMxa9Xi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Tax on deemed dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zXgjbcB3Acw7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zXHX9XOlvIp5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zohPy4FvNEnj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zjt02Av4bES5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zJDXWyu21PL9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_d0_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zSBaO0iPe5Vh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsAccountingAdjustmentsForTransactionsBetweenShareholdersMember_pn5n7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentMember_zYQ6bCoP3yie" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;At December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsTranslationReservesMember_zfIhyVJBd8ik" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;6,754.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsCashFlowHedgeMember_zycnhRW5jFvi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;908.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsActuarialGainslossesMember_zpepFakFyDUc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(665.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsPutOptionGrantedOnSubsidiaryMember_zvplvXDcOH35" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(6.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsGainsLossesOfNoncontrollingInterestsShareMember_zDkayjmysy3k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(130.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Equity_iE_pn5n6_c20220101__20221231__ifrs-full--ComponentsOfEquityAxis__custom--CarryingValueAdjustmentsBusinessCombinationMember_zc1aqN40QPe4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;156.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F06_zW1wfXVDn4P6" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F10_zT021yCfwhZb" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Not including treasury shares.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</ifrs-full:DisclosureOfEarningsPerShareExplanatory>
    <ifrs-full:WeightedAverageShares
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      id="Fact004820"
      unitRef="Shares">15741900000</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      id="Fact004821"
      unitRef="Shares">15736900000</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      id="Fact004822"
      unitRef="Shares">15733100000</ifrs-full:WeightedAverageShares>
    <ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="Shares">106700000</ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares>
    <ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="Shares">120500000</ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares>
    <ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="Shares">134500000</ifrs-full:DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares>
    <ifrs-full:AdjustedWeightedAverageShares
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="Shares">15848600000</ifrs-full:AdjustedWeightedAverageShares>
    <ifrs-full:AdjustedWeightedAverageShares
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="Shares">15857400000</ifrs-full:AdjustedWeightedAverageShares>
    <ifrs-full:AdjustedWeightedAverageShares
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="Shares">15867600000</ifrs-full:AdjustedWeightedAverageShares>
    <ifrs-full:EarningsPerShareExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--EarningsPerShareExplanatory_pn5n6_zGilL3M7fo0l" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Calculation of Earnings Per Share (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_zB3TJyyKoXQ2" style="display: none"&gt;Schedule of calculation of earnings
per share&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231_zCl5e7qhfYC8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20210101__20211231_z7tslHVuO86k" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_z3YcnY5ogQSg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Common&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_zoiBKjZAdvoi" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Income attributable to the equity holders of Ambev&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,457.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12,671.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11,379.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--WeightedAverageShares_zL8oMr2XNB82" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Weighted average number of shares (non diluted)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,741.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,736.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,733.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--BasicEarningsLossPerShare_pip0_zSNaBW2ZpWx4" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Basic EPS&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup id="xdx_F45_zStYwfsXgP5c"&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.9184&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.8052&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.7233&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: top; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_i_pn6n6" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Income attributable to the equity holders of Ambev&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,457.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12,671.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11,379.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_ecustom--AdjustedWeightedAverageShares1_zlkRuQp9CLxh" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Weighted average numbers of shares (diluted)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,848.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,857.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,867.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--DilutedEarningsLossPerShare_pip0_zL3xnJawEiQ1" style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Diluted EPS&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup id="xdx_F4D_ztQ3zBIf1X0j"&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.9123&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.7991&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;0.7171&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F0D_zm0S9fHVS4Fk" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F14_zNaendMZi6g3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Expressed in Brazilian Reais.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</ifrs-full:EarningsPerShareExplanatory>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">14457900000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">12671000000.0</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">11379400000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:WeightedAverageShares
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="Shares">15741900000</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="Shares">15736900000</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="Shares">15733100000</ifrs-full:WeightedAverageShares>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="From2022-01-01to2022-12-31"
      decimals="INF"
      id="Fact004843"
      unitRef="BRLPerShare">0.9184</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="From2021-01-012021-12-31"
      decimals="INF"
      id="Fact004844"
      unitRef="BRLPerShare">0.8052</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      id="Fact004845"
      unitRef="BRLPerShare">0.7233</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">14457900000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">12671000000.0</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">11379400000</ifrs-full:ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity>
    <abev:AdjustedWeightedAverageShares1
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="Shares">15848600000</abev:AdjustedWeightedAverageShares1>
    <abev:AdjustedWeightedAverageShares1
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="Shares">15857500000</abev:AdjustedWeightedAverageShares1>
    <abev:AdjustedWeightedAverageShares1
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="Shares">15867600000</abev:AdjustedWeightedAverageShares1>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="From2022-01-01to2022-12-31"
      decimals="INF"
      id="Fact004855"
      unitRef="BRLPerShare">0.9123</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="From2021-01-012021-12-31"
      decimals="INF"
      id="Fact004856"
      unitRef="BRLPerShare">0.7991</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      id="Fact004857"
      unitRef="BRLPerShare">0.7171</ifrs-full:DilutedEarningsLossPerShare>
    <abev:DisclosureForTheBasisOfDividendsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureForTheBasisOfDividendsTextBlock_pn5n6_zQHvuefMhRm3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CHANGES IN EQUITY - Basis for Dividends (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_zMMDdtWZUN92" style="display: none"&gt;Schedule of basis of dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_494_20220101__20221231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_z7MRNigRGIE4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_495_20210101__20211231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zH3y8ymFt3Uh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20200101__20201231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--RetainedEarningsMember_zk7SaPuvcie9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 63%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ProfitLossAttributableToOwnersOfParent_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Net income, attributable to equity holders of Ambev&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,457.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,671.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,379.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--PrescribedDividends_i_pn6n6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Prescribed/(complementary) dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;24.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_ecustom--ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reversal of effects of the revaluation of property, plant and equipment based on the predecessor basis of accounting&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_ecustom--IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement_i_pn6n6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Effect of application of IAS 29 (hyperinflation)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,224.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,063.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,344.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--RetainedEarningsBasisForDividendsAndDestinations_i_pn6n6" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Retained earnings basis for dividends and destinations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;17,715.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;14,771.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;12,762.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Dividends and interest on capital distributed and accrued for distribution based on the net income for the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--DividendsAndInterestOnCapitalPaidBasedOnProfit_zRfpr8Wlk4o9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Dividends and interest on capital paid based on profit&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11,999.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9,499.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,716.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--TotalOfDividendsAndInterestOnCapital_iT_zEQa2gN8IQa1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total of dividends and interest on capital&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;11,999.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9,499.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;7,716.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--DividendPercentageOfNetIncome_pip0_dp_zxyowIcfHNh6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Percentage of distributed profit&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;68%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;64%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;60%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureForTheBasisOfDividendsTextBlock>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">14457900000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent
      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">12671000000.0</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent
      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">11379400000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <abev:PrescribedDividends
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">20900000</abev:PrescribedDividends>
    <abev:PrescribedDividends
      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">24700000</abev:PrescribedDividends>
    <abev:PrescribedDividends
      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">26100000</abev:PrescribedDividends>
    <abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">11800000</abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting>
    <abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting
      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">11800000</abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting>
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      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">11800000</abev:ReversalEffectRevaluationOfFixedAssetsUnderThePredecessorBasisAccounting>
    <abev:IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">3224400000</abev:IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement>
    <abev:IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement
      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">2063700000</abev:IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement>
    <abev:IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement
      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">1344900000</abev:IncreaseDecreaseThroughAdoptionOfNewAccountingPronouncement>
    <abev:RetainedEarningsBasisForDividendsAndDestinations
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">17715000000.0</abev:RetainedEarningsBasisForDividendsAndDestinations>
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      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">14771200000</abev:RetainedEarningsBasisForDividendsAndDestinations>
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      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">12762200000</abev:RetainedEarningsBasisForDividendsAndDestinations>
    <abev:DividendsAndInterestOnCapitalPaidBasedOnProfit
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">11999800000</abev:DividendsAndInterestOnCapitalPaidBasedOnProfit>
    <abev:DividendsAndInterestOnCapitalPaidBasedOnProfit
      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">9499600000</abev:DividendsAndInterestOnCapitalPaidBasedOnProfit>
    <abev:DividendsAndInterestOnCapitalPaidBasedOnProfit
      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">7716400000</abev:DividendsAndInterestOnCapitalPaidBasedOnProfit>
    <abev:TotalOfDividendsAndInterestOnCapital
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">11999800000</abev:TotalOfDividendsAndInterestOnCapital>
    <abev:TotalOfDividendsAndInterestOnCapital
      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">9499600000</abev:TotalOfDividendsAndInterestOnCapital>
    <abev:TotalOfDividendsAndInterestOnCapital
      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="-5"
      unitRef="BRL">7716400000</abev:TotalOfDividendsAndInterestOnCapital>
    <abev:DividendPercentageOfNetIncome
      contextRef="From2022-01-012022-12-31_ifrs-full_RetainedEarningsMember"
      decimals="INF"
      unitRef="Pure">0.68</abev:DividendPercentageOfNetIncome>
    <abev:DividendPercentageOfNetIncome
      contextRef="From2021-01-012021-12-31_ifrs-full_RetainedEarningsMember"
      decimals="INF"
      unitRef="Pure">0.64</abev:DividendPercentageOfNetIncome>
    <abev:DividendPercentageOfNetIncome
      contextRef="From2020-01-012020-12-31_ifrs-full_RetainedEarningsMember"
      decimals="INF"
      unitRef="Pure">0.60</abev:DividendPercentageOfNetIncome>
    <ifrs-full:DisclosureOfBorrowingsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_806_eifrs-full--DisclosureOfBorrowingsExplanatory_zqssBE37Coc4" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;23.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_028"/&gt;&lt;span id="xdx_825_zLdbddWKzyYl"&gt;INTEREST-BEARING LOANS AND BORROWING&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfTotalLiabilitiesTextBlock_pn5n6_zowEzPhCDNlk" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Liabilities (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zbDypa1Ibunb" style="display: none"&gt;Schedule of total liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 54%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;126.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zw4qI37Q3Tfk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;174.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;328.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_zcVrt2hEFUIc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;92.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_pn5n6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,333.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zz3EskXTuqlk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,986.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_c20221231_pn5n6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,788.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zaMXy1cMVPN7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,253.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;54.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zIRPh3AEKn4d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;72.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Unsecured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zsLVDDWbsJ61" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zNMxv2smvXWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;144.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_zXtdbiAwWA31" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;37.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zzvKX2ZFrbYd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;783.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zfo0Ay0WK45c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;653.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231_pn5n6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;982.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zvjEofLhVrO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;847.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A4_zkfmbGnlOxac" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Additional information regarding the exposure of the
Company to interest rate, foreign currency risk and debt repayment schedule is disclosed in Note 28 - &lt;i&gt;Financial instruments and risks&lt;/i&gt;.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;&lt;span style="background-color: white"&gt;At &lt;/span&gt;December 31, 2022 &lt;span style="background-color: white"&gt;and
&lt;/span&gt;2021 &lt;span style="background-color: white"&gt;the Company&#x2019;s debts were exposed to the following interest rates:&lt;/span&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfDetailedInformationAboutBorrowingsExplanatory_pn5n6_zSnFL3zIcUy9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Debt Interest Rates (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BD_zPeRqOum5a1k" style="display: none"&gt;Schedule of debts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Debt instruments&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Average rate %&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Average rate %&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Debt denominated in US Dollars fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zm9vmBzDgFx6" title="Average rate"&gt;14.00&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zSJoztumjPta" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zB8jCku67th9" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl4941"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDd1Mlu897Yg" title="Average rate"&gt;13.12&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zJrTfZxQPf44" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zYBt4gssfyIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais denominated floating rate (CDI and DI)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zXJGHDEnlpl1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zOJ7HEyVD9Rj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxtAkpK3IWal" title="Average rate"&gt;11.56&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zaVkxnXSYTA1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;83.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zspq5xiKeH16" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other Latin American currencies fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zrmmqAnsnP3" title="Average rate"&gt;10.39&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zI6oAvgq19lk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;98.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXcWVEKHS2Al" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;322.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z8zriLESQbW6" title="Average rate"&gt;11.34&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zZr5dV7cJaRe" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;48.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqmkzKRDpqQg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;177.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Debt denominated in CAD Dollars fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zuFsBoLXkzBi" title="Average rate"&gt;5.32&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zmBppWh8rbj5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;123.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqAMU4ABUa1e" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;387.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zMqLVGh5Ypxf" title="Average rate"&gt;2.49&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zeqSs51o9B41" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;91.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_znJJ6DE3C6r6" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;339.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais denominated floating rate (TJLP and TR)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z0aBWKnZIZw2" title="Average rate"&gt;9.61&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxikKnjVpGJ1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zMydzoccFcla" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;125.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zamNEfwvMfek" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zfhVsfMo7ehl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais debt - ICMS fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zo2dHoCDbVf" title="Average rate"&gt;2.95&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXlw7IQHI0K7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;113.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqwsGBpjKHRl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;266.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDDtZ7u6Xgwa" title="Average rate"&gt;5.06&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z1x6kGbCISll" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;37.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zhcyCrtkyyIk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;92.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais debt - ICMS floating rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_900_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zwyH2LlAneq8" title="Average rate"&gt;6.97&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zz2eLuJfrHm5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;31.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z1pntOldN2P8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;61.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zzFs4cib1rA8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z4KjzDCfZsWk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais debt - fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_901_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zIoAiPrCdp6g" title="Average rate"&gt;9.43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zPP4i6k8PW9a" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;597.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zt1HG0M6icp" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,624.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zRy2g3by7Awl" title="Average rate"&gt;7.33&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqjO6ArUaDX8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;569.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z57UR91Z6vci" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,644.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231_zu8edMVMHqY3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;982.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcv22KsSqqSa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,788.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231_z3Udvk93DtUg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;847.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_z6hDUH0enH0a" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,253.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A8_zlI6dX7RlGzk" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Reconciliation of liabilities arising from financing activities&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 6pt/115% Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The tables below detail the changes in the Company&#x2019;s
liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities
are those for which cash flow was, or future cash flow will be classified in the company&#x2019;s consolidated statement of cash flow from
financing activities.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_pn5n6_zcu6xaPdwAC2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Reconciliation of Liabilities (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zDgxg73bSs3k" style="display: none"&gt;Schedule of Reconciliation of liabilities arising from financing activities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 24%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non - current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zXqHu73wy6fc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;847.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zXtgt2ezxaq7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,253.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Proceeds&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ProceedsFromCurrentBorrowings_pn5n6_c20220101__20221231_zGGfspbYtKb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;7.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ProceedsFromNoncurrentBorrowings_pn5n6_c20220101__20221231_zfpAI9W7LVNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;267.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RepaymentsOfCurrentBorrowings_pn5n6_c20220101__20221231_zMAFnD0i5DE5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(230.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RepaymentsOfNoncurrentBorrowings_pn5n6_d0_c20220101__20221231_zROu4vPxFDHd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Foreign exchange&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ForeignExchangeEffectOnCurrentBorrowings_pn5n6_c20220101__20221231_zoly84cKq4Za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(17.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ForeignExchangeEffectOnNoncurrentBorrowings_pn5n6_c20220101__20221231_zWSfo5CuQLo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(56.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Transfers between current and non-current&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TransferBetweenCurrentAndNoncurrentCurrent_pn5n6_c20220101__20221231_zSYnA2IYkiW1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;761.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TransferBetweenCurrentAndNoncurrentNoncurrent_pn5n6_c20220101__20221231_zdhG6fFtskAa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(761.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;New lease agreements&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AdditionsToLeaseLiabilityCurrent_pn5n6_c20220101__20221231_z92MOUisI2aa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New lease agreements, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;469.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsToLeaseLiabilityNoncurrent_pn5n6_c20220101__20221231_zZePD6v7us94" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New lease agreements, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;905.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest on leases&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--InterestExpenseOnLeaseLiabilities_pn5n6_c20220101__20221231_zucyGmqkdX6e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest on leases"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;159.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Payment of lease liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_pn5n6_c20220101__20221231_zZD6qHI1FZy8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payment of lease liabilities, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,014.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other movements&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--OtherMovementsCurrent_pn5n6_c20220101__20221231_zAbJYYCDvGBa" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other movements, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherMovementsNoncurrent_pn5n6_c20220101__20221231_zuA7K3AC8VU2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other movements, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;180.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20221231_zKlM203CUdD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;982.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcVhzG1J0yOd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,788.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A0_zjanyL5MFmf6" style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Contractual clauses (Covenants)&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;As at December 31, 2022, as well as at December
31, 2021 the Company's loans had equal rights to payment without subordination clauses. For the credit lines due to FINAME contracted
by the Company with Banco Nacional de Desenvolvimento Econ&#xf4;mico e Social (&#x201c;BNDES&#x201d;), the assets acquired using the credit
granted were placed as collateral. Other loans and financing contracted by the Company require various guarantees as collateral, such
as warranty or real estate, or are unsecured. Most loan contracts contain contractual covenants, including: financial covenants, including
actions that can reduce the ability to pay the loans; maintenance of the Company's assets, purposing to assure that all remain under usage
condition; restrictions on acquisitions, mergers, sales or disposals of its assets; disclosure of financial statements and the balance
sheet; no prohibitions related to new guarantees for loans contracted, except if: (i) expressly authorized under the agreement; (ii) new
loans contracted from financial institutions linked to the Brazilian government including BNDES or foreign governments; or foreign governments,
multilateral financial institutions (e.g. the World Bank) or in jurisdictions in which the Company operates.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;Additionally, all agreements with BNDES are subject
to certain &#x201c;provisions applicable to agreements entered into with BNDES&#x201d; (&#x201c;Provisions&#x201d;). Such Provisions require
the borrower to obtain prior consent from BNDES if they, for instance, wish to: (i) raise new loans (except for the loans described in
the Provisions); (ii) give preference and/or priority to other debts; and/or (iii) dispose of or encumber any items of their fixed assets
(except as provided for within the Provisions).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;These clauses are applicable from the date of execution
and effectiveness of each contract to the extent that the events mentioned in the contract occur. Depending on the materiality of each
event and its potential adverse effects on the Company and /or its subsidiaries or the rights of its creditors, contractual penalties
may be applied, including the early maturity of the respective contract. In certain contracts, in the event of occurrence of any of the
events&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;set out in the restrictive clauses, the Company may be granted
a grace period to resolve any contractual defaults, in order to avoid any penalties resulting from the breach of its obligations.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Lastly, regarding the tax incentives on financing or
subsidized loans, these are subject to the fulfillment of several commitments according to the legislation or contracts upon which those
incentives are based on, such as (i) maintenance of jobs or job creation; (ii) realization of investments; (iii) increase in production
capacity; (iv) commitment to collect ICMS; (v) maintenance of fiscal good standing; among others, obligations that refer to facts under
the Company&#x2019;s control. These commitments are applicable as from the signature date of the respective contracts related to fiscal
benefits.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;As at December 31, 2022, as well as at December 31, 2021
the Company was in compliance with all of its contractual obligations for its loans and financing.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfBorrowingsExplanatory>
    <abev:DisclosureOfTotalLiabilitiesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfTotalLiabilitiesTextBlock_pn5n6_zowEzPhCDNlk" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Liabilities (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zbDypa1Ibunb" style="display: none"&gt;Schedule of total liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 54%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;126.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zw4qI37Q3Tfk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;174.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;328.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_zcVrt2hEFUIc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;92.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LongtermBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_pn5n6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,333.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zz3EskXTuqlk" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,986.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_c20221231_pn5n6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,788.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zaMXy1cMVPN7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,253.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;54.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zIRPh3AEKn4d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;72.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Unsecured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zsLVDDWbsJ61" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zNMxv2smvXWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;144.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredLoansMember_zXtdbiAwWA31" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;37.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Lease liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zzvKX2ZFrbYd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;783.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zfo0Ay0WK45c" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;653.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_c20221231_pn5n6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;982.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zvjEofLhVrO5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;847.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfTotalLiabilitiesTextBlock>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">126200000</ifrs-full:LongtermBorrowings>
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      contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">174300000</ifrs-full:LongtermBorrowings>
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      contextRef="AsOf2022-12-31_custom_OtherUnsecuredLoansMember"
      decimals="-5"
      unitRef="BRL">328100000</ifrs-full:LongtermBorrowings>
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      contextRef="AsOf2021-12-31_custom_OtherUnsecuredLoansMember"
      decimals="-5"
      unitRef="BRL">92900000</ifrs-full:LongtermBorrowings>
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      contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember"
      decimals="-5"
      unitRef="BRL">2333800000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember"
      decimals="-5"
      unitRef="BRL">1986300000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2788100000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">2253500000</ifrs-full:LongtermBorrowings>
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      contextRef="AsOf2022-12-31_custom_SecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">54500000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
      contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">72800000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_UnsecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_UnsecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">84100000</ifrs-full:LongtermBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
      contextRef="AsOf2022-12-31_custom_OtherUnsecuredLoansMember"
      decimals="-5"
      unitRef="BRL">144500000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredLoansMember"
      decimals="-5"
      unitRef="BRL">37200000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
      contextRef="AsOf2022-12-31_ifrs-full_LeaseLiabilitiesMember"
      decimals="-5"
      unitRef="BRL">783600000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember"
      decimals="-5"
      unitRef="BRL">653000000.0</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">982600000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">847100000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89D_eifrs-full--DisclosureOfDetailedInformationAboutBorrowingsExplanatory_pn5n6_zSnFL3zIcUy9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Debt Interest Rates (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BD_zPeRqOum5a1k" style="display: none"&gt;Schedule of debts&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 33%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Debt instruments&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Average rate %&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Average rate %&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Debt denominated in US Dollars fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90B_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zm9vmBzDgFx6" title="Average rate"&gt;14.00&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zSJoztumjPta" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zB8jCku67th9" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl4941"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDd1Mlu897Yg" title="Average rate"&gt;13.12&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zJrTfZxQPf44" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInUSDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zYBt4gssfyIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais denominated floating rate (CDI and DI)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zXJGHDEnlpl1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zOJ7HEyVD9Rj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxtAkpK3IWal" title="Average rate"&gt;11.56&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zaVkxnXSYTA1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;83.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebenturesRelatedToCDIMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zspq5xiKeH16" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other Latin American currencies fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zrmmqAnsnP3" title="Average rate"&gt;10.39&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zI6oAvgq19lk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;98.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXcWVEKHS2Al" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;322.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z8zriLESQbW6" title="Average rate"&gt;11.34&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zZr5dV7cJaRe" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;48.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInOtherLatinAmericanCurrenciesMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqmkzKRDpqQg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;177.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Debt denominated in CAD Dollars fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zuFsBoLXkzBi" title="Average rate"&gt;5.32&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zmBppWh8rbj5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;123.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqAMU4ABUa1e" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;387.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_902_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zMqLVGh5Ypxf" title="Average rate"&gt;2.49&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zeqSs51o9B41" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;91.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--DebtDenominatedInCADDollarsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_znJJ6DE3C6r6" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;339.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais denominated floating rate (TJLP and TR)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z0aBWKnZIZw2" title="Average rate"&gt;9.61&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zxikKnjVpGJ1" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zMydzoccFcla" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;125.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zamNEfwvMfek" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zfhVsfMo7ehl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais debt - ICMS fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zo2dHoCDbVf" title="Average rate"&gt;2.95&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zXlw7IQHI0K7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;113.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqwsGBpjKHRl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;266.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zDDtZ7u6Xgwa" title="Average rate"&gt;5.06&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z1x6kGbCISll" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;37.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zhcyCrtkyyIk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;92.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais debt - ICMS floating rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_900_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zwyH2LlAneq8" title="Average rate"&gt;6.97&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zz2eLuJfrHm5" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;31.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z1pntOldN2P8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;61.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_zzFs4cib1rA8" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--LongtermBorrowings_iI_pn5n6_d0_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtRelatedToICMSMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FloatingInterestRateMember_z4KjzDCfZsWk" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Reais debt - fixed rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_901_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zIoAiPrCdp6g" title="Average rate"&gt;9.43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zPP4i6k8PW9a" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;597.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zt1HG0M6icp" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,624.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_eifrs-full--BorrowingsInterestRate_iI_pip0_dp_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--RangeAxis__srt--WeightedAverageMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zRy2g3by7Awl" title="Average rate"&gt;7.33&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zqjO6ArUaDX8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;569.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231__ifrs-full--BorrowingsByNameAxis__custom--ReaisDebtMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_z57UR91Z6vci" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,644.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20221231_zu8edMVMHqY3" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;982.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcv22KsSqqSa" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,788.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--CurrentPortionOfLongtermBorrowings_iI_pn5n6_c20211231_z3Udvk93DtUg" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;847.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_z6hDUH0enH0a" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest-bearing loans and borrowings, noncurrent"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,253.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory>
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      decimals="INF"
      unitRef="Pure">0.1400</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_DebtDenominatedInUSDollarsMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">6200000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInUSDollarsMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.1312</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInUSDollarsMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">17500000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInUSDollarsMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:LongtermBorrowings>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_ReaisDebenturesRelatedToCDIMember_srt_WeightedAverageMember_ifrs-full_FloatingInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.1156</ifrs-full:BorrowingsInterestRate>
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      contextRef="AsOf2021-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">83000000.0</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebenturesRelatedToCDIMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2022-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.1039</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">98800000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">322500000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.1134</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">48700000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInOtherLatinAmericanCurrenciesMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">177300000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2022-12-31_custom_DebtDenominatedInCADDollarsMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0532</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">123300000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">387700000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInCADDollarsMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0249</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">91600000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_DebtDenominatedInCADDollarsMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">339200000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2022-12-31_custom_ReaisDebtMember_srt_WeightedAverageMember_ifrs-full_FloatingInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0961</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">12300000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">125100000</ifrs-full:LongtermBorrowings>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0295</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">113300000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">266400000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0506</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">37300000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">92900000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_srt_WeightedAverageMember_ifrs-full_FloatingInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0697</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">31100000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">61700000</ifrs-full:LongtermBorrowings>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtRelatedToICMSMember_ifrs-full_FloatingInterestRateMember"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2022-12-31_custom_ReaisDebtMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0943</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">597600000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2022-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">1624700000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate
      contextRef="AsOf2021-12-31_custom_ReaisDebtMember_srt_WeightedAverageMember_ifrs-full_FixedInterestRateMember"
      decimals="INF"
      unitRef="Pure">0.0733</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:CurrentPortionOfLongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">569000000.0</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings
      contextRef="AsOf2021-12-31_custom_ReaisDebtMember_ifrs-full_FixedInterestRateMember"
      decimals="-5"
      unitRef="BRL">1644100000</ifrs-full:LongtermBorrowings>
    <ifrs-full:CurrentPortionOfLongtermBorrowings contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">982600000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2788100000</ifrs-full:LongtermBorrowings>
    <ifrs-full:CurrentPortionOfLongtermBorrowings contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">847100000</ifrs-full:CurrentPortionOfLongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">2253500000</ifrs-full:LongtermBorrowings>
    <abev:ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock_pn5n6_zcu6xaPdwAC2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - INTEREST-BEARING LOANS AND BORROWING - Reconciliation of Liabilities (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zDgxg73bSs3k" style="display: none"&gt;Schedule of Reconciliation of liabilities arising from financing activities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 54%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 20%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 24%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non - current liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20211231_zXqHu73wy6fc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;847.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--LongtermBorrowings_iI_pn5n6_c20211231_zXtgt2ezxaq7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,253.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Proceeds&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ProceedsFromCurrentBorrowings_pn5n6_c20220101__20221231_zGGfspbYtKb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;7.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ProceedsFromNoncurrentBorrowings_pn5n6_c20220101__20221231_zfpAI9W7LVNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Proceeds, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;267.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Payments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RepaymentsOfCurrentBorrowings_pn5n6_c20220101__20221231_zMAFnD0i5DE5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(230.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RepaymentsOfNoncurrentBorrowings_pn5n6_d0_c20220101__20221231_zROu4vPxFDHd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payments, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Foreign exchange&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ForeignExchangeEffectOnCurrentBorrowings_pn5n6_c20220101__20221231_zoly84cKq4Za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(17.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ForeignExchangeEffectOnNoncurrentBorrowings_pn5n6_c20220101__20221231_zWSfo5CuQLo1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Foreign exchange, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(56.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Transfers between current and non-current&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TransferBetweenCurrentAndNoncurrentCurrent_pn5n6_c20220101__20221231_zSYnA2IYkiW1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;761.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TransferBetweenCurrentAndNoncurrentNoncurrent_pn5n6_c20220101__20221231_zdhG6fFtskAa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Transfers between current and non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(761.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;New lease agreements&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--AdditionsToLeaseLiabilityCurrent_pn5n6_c20220101__20221231_z92MOUisI2aa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New lease agreements, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;469.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--AdditionsToLeaseLiabilityNoncurrent_pn5n6_c20220101__20221231_zZePD6v7us94" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New lease agreements, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;905.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest on leases&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--InterestExpenseOnLeaseLiabilities_pn5n6_c20220101__20221231_zucyGmqkdX6e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Interest on leases"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;159.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Payment of lease liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_pn5n6_c20220101__20221231_zZD6qHI1FZy8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Payment of lease liabilities, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,014.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other movements&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--OtherMovementsCurrent_pn5n6_c20220101__20221231_zAbJYYCDvGBa" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other movements, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherMovementsNoncurrent_pn5n6_c20220101__20221231_zuA7K3AC8VU2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other movements, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;180.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_iI_pn5n6_c20221231_zKlM203CUdD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;982.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--LongtermBorrowings_iI_pn5n6_c20221231_zcVhzG1J0yOd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance, non-current"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;2,788.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:ReconciliationOfLiabilitiesArisingFromFinancingActivitiesTextBlock>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">847100000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">2253500000</ifrs-full:LongtermBorrowings>
    <ifrs-full:ProceedsFromCurrentBorrowings
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">7900000</ifrs-full:ProceedsFromCurrentBorrowings>
    <ifrs-full:ProceedsFromNoncurrentBorrowings
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">267000000.0</ifrs-full:ProceedsFromNoncurrentBorrowings>
    <ifrs-full:RepaymentsOfCurrentBorrowings
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-230200000</ifrs-full:RepaymentsOfCurrentBorrowings>
    <ifrs-full:RepaymentsOfNoncurrentBorrowings
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-0</ifrs-full:RepaymentsOfNoncurrentBorrowings>
    <abev:ForeignExchangeEffectOnCurrentBorrowings
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-17400000</abev:ForeignExchangeEffectOnCurrentBorrowings>
    <abev:ForeignExchangeEffectOnNoncurrentBorrowings
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-56800000</abev:ForeignExchangeEffectOnNoncurrentBorrowings>
    <abev:TransferBetweenCurrentAndNoncurrentCurrent
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">761000000.0</abev:TransferBetweenCurrentAndNoncurrentCurrent>
    <abev:TransferBetweenCurrentAndNoncurrentNoncurrent
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-761000000.0</abev:TransferBetweenCurrentAndNoncurrentNoncurrent>
    <abev:AdditionsToLeaseLiabilityCurrent
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">469200000</abev:AdditionsToLeaseLiabilityCurrent>
    <abev:AdditionsToLeaseLiabilityNoncurrent
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">905300000</abev:AdditionsToLeaseLiabilityNoncurrent>
    <ifrs-full:InterestExpenseOnLeaseLiabilities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">159300000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-1014000000.0</ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities>
    <abev:OtherMovementsCurrent
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">-300000</abev:OtherMovementsCurrent>
    <abev:OtherMovementsNoncurrent
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">180100000</abev:OtherMovementsNoncurrent>
    <ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">982600000</ifrs-full:CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2788100000</ifrs-full:LongtermBorrowings>
    <ifrs-full:DisclosureOfEmployeeBenefitsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80F_eifrs-full--DisclosureOfEmployeeBenefitsExplanatory_z4wdJBob7Mnc" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;24.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_029"/&gt;&lt;span id="xdx_827_zNTj8RQhoHxc"&gt;EMPLOYEE BENEFITS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 12pt 0; text-align: justify"&gt;The Company sponsors post-employment benefits, such
as retirement plans, medical and dental care, among others for employees in Brazil and subsidiaries located in the Dominican Republic,
Barbados, Panama, Uruguay, Bolivia, Argentina and Canada based on employees' salaries and length of service. The entities are governed
by the local regulations and practices of each individual country as well as the relationship with the Company&#x2019;s pension funds and
their composition.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Post-employment benefits of retirement are managed
through pension funds and are classified as either defined contribution or defined benefit plans.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Defined benefit plans and the other post-employment
benefits are not granted to new retirees.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Defined contribution plans&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;These plans are funded by the participants and
the sponsor and are managed by administered pension funds. During 2022, the Company contributed R$&lt;span id="xdx_901_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20220101__20221231_zSYQctcEX8ja" title="Post-employment benefit expense, defined contribution plans"&gt;82.0&lt;/span&gt; (R$&lt;span id="xdx_901_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20210101__20211231_zagNe9HuRKZ5" title="Post-employment benefit expense, defined contribution plans"&gt;74.1&lt;/span&gt; and R$&lt;span id="xdx_906_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn5n6_c20200101__20201231_zvEqecPcTLse" title="Post-employment benefit expense, defined contribution plans"&gt;61.1&lt;/span&gt; during 2021
and 2020) to these funds, which was recorded in expenses. Once the contributions have been paid, the Company has no further payment obligations.&lt;/p&gt;





&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Defined benefit plans&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;At December 31, 2022, 2021 and 2020 the net liability
for defined benefit plans consisted of the following:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_eifrs-full--DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_pn5n6_znaSGuhvfZ12" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Net Liability for Defined Benefit Plans (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BB_zHpzEaJcOUck" style="display: none"&gt;Schedule of net liability
for defined benefit plans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20221231_zxXs2bP2QVbl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20211231_zFuAqDVpaNC9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_493_20201231_zGCDBkIwWJt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--DefinedBenefitObligationFundedPortionAtPresentValue_iNI_di_ztJm92ulJbQc" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Present value of funded obligations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5,476.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7,354.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7,582.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--PlanAssetsAtFairValue_iI_zhRo6qUAEaCc" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Fair value of plan assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,543.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,638.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,533.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--SurplusDeficitInPlan_iI_zIwDG3TonKmi" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Present value of net obligations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(933.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,716.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,048.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--DefinedBenefitObligationUnfundedPortionAtPresentValue_iNI_di_zWqC6LrsYdwk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Present value of unfunded obligations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(921.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,165.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,195.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--DefinedBenefitObligationAtPresentValue_iNI_di_z8DugUmadRr1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Present value of net obligations&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,854.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,881.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,244.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--AssetCeiling_iNI_di_zKgWaTR4wdGl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Asset ceiling&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(163.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(180.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(160.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--RecognisedLiabilitiesDefinedBenefitPlan_iNI_di_zs3aM62z0Nh9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,017.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,061.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,404.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--OtherLongTermEmployeeBenefitLiabilities_iNI_di_zz1lfgEpCRi7" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other long term employee benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(87.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(104.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(105.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zia4wgNp9sqg" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total employee benefits&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,104.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,166.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,510.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Employee benefits amount in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Liabilities&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_z5cnawx1BWnc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(2,161.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zho0ahTr834b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,194.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zdp5kjnb5DEd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,543.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Assets&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zomUodvg00g8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;56.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zNbYIo4WcJI2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;27.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_z6G905JHm8hk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;33.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zrpa9tFdG5X7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,104.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,166.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,510.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_zkANzIxy2FZd" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;The changes in the present value of the defined benefit obligations were as
follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--DisclosureOfDefinedBenefitObligationTextBlock_pn5n6_zy4GP0LpXvfb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Obligation (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_zu9Y6flaMG6g" style="display: none"&gt;Schedule of defined benefit obligations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_491_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zXn12hsH37c2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zVpDabeOgYg7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zTIXhQ0SPBDa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zbJuwFAjtzTb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Defined benefit obligation at January 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,519.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,777.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(6,845.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Service costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(47.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(58.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(51.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(353.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(324.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(339.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--GainsLossesOnSettlementAndCurtailment_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains and (losses) on settlements or reductions in benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;44.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions by plan participants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(6.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(6.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_d0_zTmOGUmnB5ij" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Actuarial gains and (losses) - geographical assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;52.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;54.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Actuarial gains and (losses) - financial assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,333.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;726.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(443.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Experience adjustments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(171.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(213.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(180.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset_d0_z4Vg1xYCYrcl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reclassifications&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of exchange rate fluctuations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(495.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,531.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Benefits paid&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;574.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;573.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;521.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zfL8N5MEGIEh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Defined benefit obligation at December, 31&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(6,397.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,519.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,777.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/107% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The present value of funded obligations includes R$&lt;span id="xdx_90B_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20221231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zQd2al301SP6" title="Defined benefit obligation, at present value"&gt;665.4&lt;/span&gt;
at December 31, 2022 (R$&lt;span id="xdx_906_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20211231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zoGzJk48yuyg" title="Defined benefit obligation, at present value"&gt;603.9&lt;/span&gt; at December 31, 2021 and R$&lt;span id="xdx_90D_eifrs-full--DefinedBenefitObligationAtPresentValue_iI_pn5n6_c20201231__ifrs-full--DefinedBenefitPlansAxis__custom--TwoHealthCarePlansFromFundacaoZerrennerMember_zvPIZDZkolpi" title="Defined benefit obligation, at present value"&gt;705.0&lt;/span&gt; at December 31, 2020) of two health care plans for which the benefits were
provided directly by Funda&#xe7;&#xe3;o Zerrenner. Funda&#xe7;&#xe3;o Zerrenner is a legally distinct entity whose main goal is
to provide the Company&#x2019;s current and retired employees and managers with health care and dental assistance, technical and higher
education courses, and to maintain facilities for assisting and helping elderly people, among other matters, either through direct initiatives
or through financial assistance agreements with other entities.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;The changes in the fair value of plan assets are as follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfTheChangeInFairValueOfThePlanAssetsTextBlock_pn5n6_zBIp3nXyOU8a" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_z4qzBun7Y4Ri" style="display: none"&gt;Schedule of changes in the fair value of plan assets&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_490_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zrwlNYcJ0SF2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zmYPB4C9eT35" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z77QLCkegPg2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zjn6vhMS2Sig" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Fair value of plan assets at January 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,638.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,533.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,582.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di_zlFFdZXMPuy4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest income&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;262.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;223.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;245.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_iN_di_zWXQvaQ5yncj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Expected return, excluding interest income&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(614.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(148.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;89.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_zR4mSspNNaJ3" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions by employer&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;316.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;342.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;306.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_zXZHfORVD054" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions by plan participants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;7.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;6.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zD1Cfim5Ac08" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exchange differences&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(482.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;263.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;812.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_ecustom--IncreaseDecreaseInPlanAssetsFromTransfers_d0_zM6IqBHCjkAd" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Transfers&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;20.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_zyMexzq0zZvl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Curtailments, settlements and other&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_zPYGx84Zm8w4" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Benefits paid, excluding administrative costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(574.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(573.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(521.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zahLxmJLLAEg" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Fair value of plan assets at December, 31&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;4,543.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,638.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;5,533.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A4_zsYVYZWMXAOc" style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The real return on plan assets generated at December
31, 2022 was a gain/(loss) of R$&lt;span id="xdx_901_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn5n6_c20220101__20221231_zbioVgy5vOd1"&gt;(352.5)
&lt;/span&gt;(gain/(loss) of R$&lt;span id="xdx_903_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn5n6_c20210101__20211231_zpITRfdgOyri"&gt;75.5
&lt;/span&gt;at December 31, 2021).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;At December 31, 2022, the Company recorded R$&lt;span id="xdx_903_ecustom--AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_iI_pn5n6_c20221231_zQXlHI9YVIki" title="Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan"&gt;56.6&lt;/span&gt; (R$&lt;span id="xdx_90D_ecustom--AmountUpToTheAssetCeilingNotExceedingThePresentValueOfFutureBenefitsInADefinedBenefitPlan_iI_pn5n6_c20211231_zxhuDsSRM1Oi" title="Amount up to the asset ceiling not exceeding the present value of future benefits in a defined benefit plan"&gt;27.9&lt;/span&gt;
at December 31, 2021) up to the asset ceiling not exceeding the present value of future benefits.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The changes in the asset ceiling not exceeding the present
value of future benefits are as follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfAssetCeilingTextBlock_pn5n6_zLiXm0eEFvJd" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Asset Ceiling (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_z7h3kyhnk6p" style="display: none"&gt;Schedule of asset ceiling&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49A_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zBZTvIKm10df" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zditqfU7A107" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_494_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zKq4o0rYRNC4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zHjvUqoVZLy9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Asset ceiling impact at January 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;27.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;33.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;56.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_iN_di0_ztY0rRN4LOB" style="background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;12.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_i_pn5n5" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Change in asset ceiling excluding amounts included in interest income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;30.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(48.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zge2nJ7tLxDa" style="background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effects of exchange rate fluctuations&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;14.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zPGE2tc5Mfe7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Asset ceiling impact at December 31&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;56.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;27.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;33.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A4_zuqG6iaWct4b" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The income/(expense) recognized in the income statement
with regard to defined benefit plans is detailed as follows:	&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--DisclosureOfDefinedBenefitPlansRecognizedInTheIncomeStatementTextBlock_pn5n6_zL6G68Li0EL3" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Plans Recognized in the Income Statement (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zEQbKzxBbI6c" style="display: none"&gt;Schedule of defined benefit plans recognized in the income statement&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_498_20220101__20221231_zqzO2ZpiDRib" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20210101__20211231_zPsS7OyWHvI7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_zzdkyYPaX0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_iN_di_zsl7C75u93Si" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Current service costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(47.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(58.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(51.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_ecustom--AdiministrativeCostsNetDefinedBenefitLiabilityAsset_i_pn6n6" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_iN_di_zL9Pww8bFQFd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(Gains) losses on settlement and curtailment&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;42.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_iN_di_z2BenoQG7cG9" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Income from operations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(50.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(62.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(14.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_407_ecustom--DefinedBenefitPlansRecognizedFinancialCosts_iN_di_zkdnxkwnxzta" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(107.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(115.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(117.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_iN_di_zOf1BSXbn3H2" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total employee benefit expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(157.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(178.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(131.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AD_zY1ZHVeCvOA2" style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The employee benefit revenue/(expenses) is included
in the following line items in the income statement:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfEmployeeBenefitRevenueExpensesAllocationInIncomeStatementTextBlock_pn5n6_zomvaHoWv6fl" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Employee Benefit Revenue/(Expenses) Allocation (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_zAvqxLlgVxh1" style="display: none"&gt;Schedule of employee benefit revenue&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other operating income/(expenses), net&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zm0o0wOkRJqk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zJjpW2ew4LX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_d0_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zSXhFSz8IPp4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cost of sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_z3dB3jfPZDVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(26.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zaPRNQcVhIf5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(33.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zStgTv5g5qz5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(28.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Sales and marketing expenses&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_z6M48n7AUg0j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zh5E1sasmsUf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zdzvR4tSD7W3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zaTz7QXOOq27" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(14.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zS9a7OUfjGJ7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(17.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zWFtNIIUvKdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;24.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial expense&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z9zaqb7eNGB6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(107.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_zJeBmJxE1Fej" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(115.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z88Nc4V2zMk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(117.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231_zpLGGaKzhsa4" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(157.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231_zrgpP4sOWpwf" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(178.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231_zv7QYYgNurnc" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(131.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AD_zZemsEy2LPif" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;The assumptions used in the calculation of the obligations are as follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfActuarialAssumptionsOfTheEntityTextBlock_pn5n6_z2WnvOm0FeL6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Actuarial Assumptions (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_zkBIPNYFMuc4" style="display: none"&gt;Schedule of assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup/&gt;&lt;/span&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup/&gt;&lt;/span&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup/&gt;&lt;/span&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&lt;b&gt;2022&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&lt;b&gt;2021&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&lt;b&gt;2020&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Discount
rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_906_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_znLsC10Ycvae" title="Discount rate"&gt;5.1&lt;/span&gt;% to &lt;span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYjkzA2STYJl" title="Discount rate"&gt;11.0&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zPttK2TB21d2" title="Discount rate"&gt;2.9&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zuKhA3NlWNj8" title="Discount rate"&gt;10.0&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90E_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zXZVmd2savNd" title="Discount rate"&gt;2.4&lt;/span&gt;% to &lt;span id="xdx_903_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJVoPvXrEY7b" title="Discount rate"&gt;10.0&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inflation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_902_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zHVahw7I1vIf" title="Inflation"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_90A_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJXLQysOsWwb" title="Inflation"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90D_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfpBEdQL4naf" title="Inflation"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_z5UpDx4DWizd" title="Inflation"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZOkcOILdeN1" title="Inflation"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zrGXFtQ9AwX9" title="Inflation"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Future salary increases&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zj5PyFkhvpEj" title="Future salary increases"&gt;1.0&lt;/span&gt;% to &lt;span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zDLqFlMRTBuc" title="Future salary increases"&gt;7.1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zYsLFOTXTGF1" title="Future salary increases"&gt;1.0&lt;/span&gt;% to &lt;span id="xdx_90B_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zZIOXTRstIGh" title="Future salary increases"&gt;7.1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_ztQirYmdNkce" title="Future salary increases"&gt;1.0&lt;/span&gt;% to &lt;span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAVowhAD68z7" title="Future salary increases"&gt;7.1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Future pension increases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFchon2H1SRj" title="Future pension increases"&gt;2.7&lt;/span&gt;% to &lt;span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zjAIFd5ZSjAc" title="Future pension increases"&gt;3.8&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZ8LC7pGXuuk" title="Future pension increases"&gt;2.5&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAdVvDA2FNHh" title="Future pension increases"&gt;3.8&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zsvR6pqmQ9Bl" title="Future pension increases"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zi4PwQeve5Ue" title="Future pension increases"&gt;3.8&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Medical cost trend rate&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zrR37njv7kh6" title="Medical cost trend rate"&gt;6.4&lt;/span&gt;% to &lt;span id="xdx_906_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zT6hm63S7TVe" title="Medical cost trend rate"&gt;7.1&lt;/span&gt;% p.a. reducing to 7.1%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfmo3Xdg5RCj" title="Medical cost trend rate"&gt;4.2&lt;/span&gt;% to &lt;span id="xdx_907_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYKbkt6WGOJc" title="Medical cost trend rate"&gt;6.9&lt;/span&gt;% p.a. reducing to 6.9%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_901_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFkl4KFdNNm5" title="Medical cost trend rate"&gt;4.5&lt;/span&gt;% to &lt;span id="xdx_905_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zaDN8M5V7i5l" title="Medical cost trend rate"&gt;6.9&lt;/span&gt;% p.a. reducing to 6.9%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Dental claims trend rate&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_900_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkz6MlRmysni" title="Dental claims trend rate"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90D_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zKZeBa2nTNpf" title="Dental claims trend rate"&gt;3.3&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkGXmtgN9U42" title="Dental claims trend rate"&gt;3.3&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Life expectancy for an over 65 years old male&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90A_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWThsUUJjFJ4" title="Life expectancy for an over 65 years old male"&gt;84&lt;/span&gt; to &lt;span id="xdx_906_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYSbfmBbt1V2" title="Life expectancy for an over 65 years old male"&gt;87&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_900_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zAcZR94nY6Oh" title="Life expectancy for an over 65 years old male"&gt;85&lt;/span&gt; to &lt;span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zxRIBxh76dIf" title="Life expectancy for an over 65 years old male"&gt;87&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zvPyiu3hl0e7" title="Life expectancy for an over 65 years old male"&gt;84&lt;/span&gt; to &lt;span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4GygqR16VN" title="Life expectancy for an over 65 years old male"&gt;87&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Life expectancy for an over 65 years old female&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zgD1J5i4aFF6" title="Life expectancy for an over 65 years old female"&gt;86&lt;/span&gt; to &lt;span id="xdx_904_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zWoZzBMTI7Rh" title="Life expectancy for an over 65 years old female"&gt;89&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zHrbSHAhJ0Tc" title="Life expectancy for an over 65 years old female"&gt;87&lt;/span&gt; to &lt;span id="xdx_902_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zZniZbeU4k6j" title="Life expectancy for an over 65 years old female"&gt;89&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_902_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3uXyGy4tFS1" title="Life expectancy for an over 65 years old female"&gt;86&lt;/span&gt; to &lt;span id="xdx_90D_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z25Zx0xZX3Oc" title="Life expectancy for an over 65 years old female"&gt;89&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F01_zpaVyfqHPDRi" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F12_zlUXyBDDTtd8" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AA_z1uaU6e6T6Sf" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Through its defined benefit pension plans and post-employment
medical plans, the Company is exposed to a number of risks, the most significant of which are detailed below:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Asset volatility&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The plan liabilities are calculated using a discount
rate pegged to high-quality private securities; if plan assets underperform this yield, the Company&#x2019;s net defined benefit obligation
may increase. Most of the Company&#x2019;s funded plans hold a significant proportion of equities, which are expected to outperform corporate
bonds in the long-term while providing volatility and risk in the short-term. As the plans mature, the Company usually reduces the level
of investment risk by investing more in assets that better match the liabilities.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Changes in bond yields&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A decrease in corporate bond yields will increase plan
liabilities, although this will be partially offset by an increase in the value of the plans&#x2019; bond holdings.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Inflation risk&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Some of the Company&#x2019;s pension obligations are linked
to inflation, and higher inflation will lead to higher liabilities. The majority of the plan&#x2019;s assets are either unaffected by or
only&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;loosely correlated with inflation, meaning that an increase
in inflation could potentially increase the Company&#x2019;s net benefit obligation.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Life expectancy&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Most of the plans&#x2019; obligations are to provide benefits
for the life of the member, so increases in life expectancy will result in an increase in the plans&#x2019; liabilities.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Investment strategy&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In the case of funded plans, the Company ensures that
the investment positions are managed within an asset-liability matching (&#x201c;ALM&#x201d;) framework to ensure long-term investments
that are in line with the Company&#x2019;s obligations under the pension schemes. Within this framework, the Company&#x2019;s ALM objective
is to match the assets to the pension obligations by investing in long-term fixed interest securities with maturities that match the benefit
payments as they fall due and in the appropriate currency.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The sensitivity of the defined benefit obligation to
changes in the weighted principal assumptions is as follows:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn5n6_zcDB6wI8JAj6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Weighted Principal Assumptions (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_zAsAbpf5vTm7" style="display: none"&gt;Schedule of weighted principal assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;In millions of Brazilian Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Change in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Increase in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Decrease in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Increase in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Decrease in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Increase in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Decrease in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Medical cost trend rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;100 bases points&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zzLvZ0UUqHih" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(94.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z98ckDvycHCh" style="white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;81.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_ztLmGQVhZcjc" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(114.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z8cYlpRVFR1f" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;98.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zERdWaMG5hyk" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(139.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z4IxkvxLFXTa" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;118.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Discount rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;50 bases points&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_z9GMj6v3n199" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;307.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zcp4oPlCBwG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(328.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zUJtAuOcZhoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;442.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zeFEtgkVWL6l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(470.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zrXoK0iA6YTc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;461.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zh951Sxzugxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(492.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Future salary increase&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;50 bases points&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_z6OZoeq6Vnke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(17.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zSY2yClxaOvl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;16.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_ztLsg9ZHY1Jk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(19.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zgYhNPH9Nhy1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;18.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zJL4OPSQRRoj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(24.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_zBsYUxUaXhGk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Longevity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_ecustom--AmountOfReasonablyPossibleIncreaseInActuarialAssumption_iI_pip0_uPure_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zcnpKFPdRo9a" style="display: none" title="Change in assumption, year"&gt;1&lt;/span&gt;
    One year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zV0CufOII2mf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(221.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zdCpjEOfzMK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;213.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zBDqDA6TKXrd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(287.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zSTOkmmnMO2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;279.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_z36GcQLlWGwi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(295.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zeACq8sfLaT7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;287.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A3_zenyBETUSjp6" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The data presented in these tables are purely hypothetical
and are based on changes in individual assumptions holding all other assumptions constant: economic conditions and changes therein always
affect the other assumptions at the same time and their effects are not linear. Therefore, the above information is not necessarily a
reasonable representation of future results.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;The plans assets at December 31, 2022, 2021 and
2020 consisted of the following:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfPlanAssetsComponentsTextBlock_pn5n6_zr7Nb0ezELHi" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Plan Assets Components (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B9_zLWqwLi2ENBa" style="display: none"&gt;Schedule of plans assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 32%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Rated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Unrated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Rated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Unrated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Rated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Unrated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Government bonds&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zCiPYGdEiQkk" title="Plan assets percentage, rated"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zovFIna72BZf" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90E_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z8CjwOCgX9ua" title="Plan assets percentage"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z6amjBDMK7W7" title="Plan assets percentage, rated"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zf0O1vY7Vrsi" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zzhFpaQ4qlj7" title="Plan assets percentage"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zuraWaVZVFQh" title="Plan assets percentage, rated"&gt;52&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90E_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zUsQNPo0vSQ5" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zZ16b1cREC6l" title="Plan assets percentage"&gt;52&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Corporate bonds&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zHAm2zUOcLU8" title="Plan assets percentage, rated"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zGj6PtRkoNa5" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zIDrNohR6V7b" title="Plan assets percentage"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_902_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zuNodzTBji9f" title="Plan assets percentage, rated"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90B_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zPWpcBKpHWX6" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zda8rvNxJeHj" title="Plan assets percentage"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zbNlZiivK3S1" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90F_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zYJy05b6k3ic" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zMXeOsM0u90f" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Equity instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_900_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zAhd8NLN3wA" title="Plan assets percentage, rated"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zd8DlIifXDR" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zP7yISvwocM5" title="Plan assets percentage"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90F_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zOATeyFbfdnh" title="Plan assets percentage, rated"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_902_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zIcxRpb9G0hj" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_ztdrHM2Lnn5b" title="Plan assets percentage"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z7AFtE7aWGm6" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90D_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z9eELEZHE2Z1" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_901_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z91PQB1Pi7Y7" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zwzf3fhBuU93" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_907_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zJzakTRHJyek" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_906_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zEfLd3b79Oo5" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zORBJwOIvOK3" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zYeLzHOepEng" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zlptkwe8MVak" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zQlZELf3pULi" title="Plan assets percentage, rated"&gt;1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_906_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_z6IzqMdrVmu2" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zsIn7Jy8YU65" title="Plan assets percentage"&gt;1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Others&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90E_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zpwYC99YVxig" title="Plan assets percentage, rated"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_908_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zy70qU2XfQy3" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zZjSPEFtawt9" title="Plan assets percentage"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zd7fAITRts97" title="Plan assets percentage, rated"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90A_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zApbal4C5HJg" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zkuagjo5SDO2" title="Plan assets percentage"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_906_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zpTSRhHYpj5f" title="Plan assets percentage, rated"&gt;35&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zHZq9dMhguNe" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_z9ku1LIO5kKf" title="Plan assets percentage"&gt;35&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A1_zxzh8UL2hEq" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The overall expected rate of return is calculated by
weighting the individual rates in accordance with Ambev&#x2019;s expected share of the total investment portfolio.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Ambev expects to contribute approximately R$&lt;span id="xdx_90A_eifrs-full--EstimateOfContributionsExpectedToBePaidToPlan_pn5n6_c20220101__20221231_zBAOZNLb8AU5" title="Estimate OfContributions Expected To Be Paid To Plan"&gt;309.7&lt;/span&gt; to its defined benefit plans
in 2023.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfEmployeeBenefitsExplanatory>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">82000000.0</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">74100000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">61100000</ifrs-full:PostemploymentBenefitExpenseDefinedContributionPlans>
    <ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_eifrs-full--DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_pn5n6_znaSGuhvfZ12" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Net Liability for Defined Benefit Plans (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8BB_zHpzEaJcOUck" style="display: none"&gt;Schedule of net liability
for defined benefit plans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49B_20221231_zxXs2bP2QVbl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20211231_zFuAqDVpaNC9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_493_20201231_zGCDBkIwWJt4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--DefinedBenefitObligationFundedPortionAtPresentValue_iNI_di_ztJm92ulJbQc" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Present value of funded obligations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5,476.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7,354.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7,582.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--PlanAssetsAtFairValue_iI_zhRo6qUAEaCc" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Fair value of plan assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4,543.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,638.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5,533.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_403_eifrs-full--SurplusDeficitInPlan_iI_zIwDG3TonKmi" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Present value of net obligations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(933.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,716.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,048.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_ecustom--DefinedBenefitObligationUnfundedPortionAtPresentValue_iNI_di_zWqC6LrsYdwk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Present value of unfunded obligations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(921.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,165.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,195.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--DefinedBenefitObligationAtPresentValue_iNI_di_z8DugUmadRr1" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Present value of net obligations&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(1,854.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,881.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,244.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--AssetCeiling_iNI_di_zKgWaTR4wdGl" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Asset ceiling&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(163.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(180.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(160.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--RecognisedLiabilitiesDefinedBenefitPlan_iNI_di_zs3aM62z0Nh9" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,017.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,061.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,404.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_ecustom--OtherLongTermEmployeeBenefitLiabilities_iNI_di_zz1lfgEpCRi7" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other long term employee benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(87.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(104.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(105.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zia4wgNp9sqg" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total employee benefits&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,104.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,166.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,510.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Employee benefits amount in the balance sheet&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Liabilities&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_z5cnawx1BWnc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(2,161.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zho0ahTr834b" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,194.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfLiabilitiesAxis__custom--EmployeeBenefitLiabilitiesMember_zdp5kjnb5DEd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3,543.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Assets&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20221231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zomUodvg00g8" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;56.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20211231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_zNbYIo4WcJI2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;27.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iI_pn5n6_c20201231__ifrs-full--ClassesOfAssetsAxis__custom--EmployeeBenefitsAssetsMember_z6G905JHm8hk" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total employee benefit"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;33.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iNI_di_zrpa9tFdG5X7" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,104.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,166.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,510.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory>
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    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">5638000000.0</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">5533300000</ifrs-full:PlanAssetsAtFairValue>
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    <abev:DefinedBenefitObligationUnfundedPortionAtPresentValue contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1165400000</abev:DefinedBenefitObligationUnfundedPortionAtPresentValue>
    <abev:DefinedBenefitObligationUnfundedPortionAtPresentValue contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">1195600000</abev:DefinedBenefitObligationUnfundedPortionAtPresentValue>
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    <ifrs-full:DefinedBenefitObligationAtPresentValue contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">3244300000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <abev:AssetCeiling contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">163300000</abev:AssetCeiling>
    <abev:AssetCeiling contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">180100000</abev:AssetCeiling>
    <abev:AssetCeiling contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">160500000</abev:AssetCeiling>
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    <ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">3061800000</ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan>
    <ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">3404800000</ifrs-full:RecognisedLiabilitiesDefinedBenefitPlan>
    <abev:OtherLongTermEmployeeBenefitLiabilities contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">87100000</abev:OtherLongTermEmployeeBenefitLiabilities>
    <abev:OtherLongTermEmployeeBenefitLiabilities contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">104300000</abev:OtherLongTermEmployeeBenefitLiabilities>
    <abev:OtherLongTermEmployeeBenefitLiabilities contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">105500000</abev:OtherLongTermEmployeeBenefitLiabilities>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2104600000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">3166100000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">3510300000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
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      contextRef="AsOf2022-12-31_custom_EmployeeBenefitLiabilitiesMember"
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      unitRef="BRL">-2161200000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
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      contextRef="AsOf2021-12-31_custom_EmployeeBenefitLiabilitiesMember"
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      unitRef="BRL">-3194000000.0</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
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      contextRef="AsOf2020-12-31_custom_EmployeeBenefitLiabilitiesMember"
      decimals="-5"
      unitRef="BRL">-3543900000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
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      contextRef="AsOf2022-12-31_custom_EmployeeBenefitsAssetsMember"
      decimals="-5"
      unitRef="BRL">56600000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
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      contextRef="AsOf2021-12-31_custom_EmployeeBenefitsAssetsMember"
      decimals="-5"
      unitRef="BRL">27900000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
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      contextRef="AsOf2020-12-31_custom_EmployeeBenefitsAssetsMember"
      decimals="-5"
      unitRef="BRL">33600000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2104600000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">3166100000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2020-12-31" decimals="-5" unitRef="BRL">3510300000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <abev:DisclosureOfDefinedBenefitObligationTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--DisclosureOfDefinedBenefitObligationTextBlock_pn5n6_zy4GP0LpXvfb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Defined Benefit Obligation (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_zu9Y6flaMG6g" style="display: none"&gt;Schedule of defined benefit obligations&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_491_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zXn12hsH37c2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zVpDabeOgYg7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zTIXhQ0SPBDa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_zbJuwFAjtzTb" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Defined benefit obligation at January 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,519.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,777.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(6,845.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Service costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(47.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(58.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(51.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Interest costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(353.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(324.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(339.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_ecustom--GainsLossesOnSettlementAndCurtailment_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Gains and (losses) on settlements or reductions in benefits&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;44.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions by plan participants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(6.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(6.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_d0_zTmOGUmnB5ij" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Actuarial gains and (losses) - geographical assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;52.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;54.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Actuarial gains and (losses) - financial assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,333.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;726.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(443.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40A_eifrs-full--ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Experience adjustments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(171.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(213.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(180.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset_d0_z4Vg1xYCYrcl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Reclassifications&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Effect of exchange rate fluctuations&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;787.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(495.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,531.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40B_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_i_pn5n5" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Benefits paid&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;574.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;573.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;521.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_zfL8N5MEGIEh" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Defined benefit obligation at December, 31&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(6,397.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,519.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(8,777.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;</abev:DisclosureOfDefinedBenefitObligationTextBlock>
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  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_z4qzBun7Y4Ri" style="display: none"&gt;Schedule of changes in the fair value of plan assets&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_490_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zrwlNYcJ0SF2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zmYPB4C9eT35" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49E_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z77QLCkegPg2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;245.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative costs&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(614.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(148.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;89.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions by employer&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;316.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;342.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;306.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_zXZHfORVD054" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Contributions by plan participants&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;7.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;6.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_400_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_zD1Cfim5Ac08" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exchange differences&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(482.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;263.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;812.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Transfers&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;20.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_zyMexzq0zZvl" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Curtailments, settlements and other&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_49A_20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zBZTvIKm10df" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zditqfU7A107" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_494_20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zKq4o0rYRNC4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="white-space: nowrap; width: 55%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;56.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_49F_20210101__20211231_zPsS7OyWHvI7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49D_20200101__20201231_zzdkyYPaX0g" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Current service costs&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(178.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_zAvqxLlgVxh1" style="display: none"&gt;Schedule of employee benefit revenue&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other operating income/(expenses), net&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zm0o0wOkRJqk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zJjpW2ew4LX4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_d0_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToOtherOperatingIncomeexpensesNetMember_zSXhFSz8IPp4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cost of sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_z3dB3jfPZDVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(26.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zaPRNQcVhIf5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(33.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueexpensesAllocatedToCostOfSalesMember_zStgTv5g5qz5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(28.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Sales and marketing expenses&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_z6M48n7AUg0j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zh5E1sasmsUf" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(11.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToSalesAndMarketingExpensesMember_zdzvR4tSD7W3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Administrative income/(expenses)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zaTz7QXOOq27" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(14.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zS9a7OUfjGJ7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(17.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToAdministrativeExpensesMember_zWFtNIIUvKdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;24.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Financial expense&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z9zaqb7eNGB6" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(107.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_zJeBmJxE1Fej" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(115.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--EmployeeBenefitRevenueExpensesAllocatedToFinancialExpensesMember_z88Nc4V2zMk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(117.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20220101__20221231_zpLGGaKzhsa4" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(157.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20210101__20211231_zrgpP4sOWpwf" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(178.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostemploymentBenefitIncomeExpenseDefinedBenefitPlans_pn5n6_c20200101__20201231_zv7QYYgNurnc" style="border-top: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="employee benefit revenue/(expenses)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(131.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
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    <abev:DisclosureOfActuarialAssumptionsOfTheEntityTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfActuarialAssumptionsOfTheEntityTextBlock_pn5n6_z2WnvOm0FeL6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Actuarial Assumptions (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_zkBIPNYFMuc4" style="display: none"&gt;Schedule of assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup/&gt;&lt;/span&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup/&gt;&lt;/span&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif; display: none"&gt;&lt;sup/&gt;&lt;/span&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 34%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&lt;b&gt;2022&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&lt;b&gt;2021&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;&lt;b&gt;2020&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Discount
rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_906_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_znLsC10Ycvae" title="Discount rate"&gt;5.1&lt;/span&gt;% to &lt;span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYjkzA2STYJl" title="Discount rate"&gt;11.0&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_900_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zPttK2TB21d2" title="Discount rate"&gt;2.9&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zuKhA3NlWNj8" title="Discount rate"&gt;10.0&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90E_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zXZVmd2savNd" title="Discount rate"&gt;2.4&lt;/span&gt;% to &lt;span id="xdx_903_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJVoPvXrEY7b" title="Discount rate"&gt;10.0&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inflation&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_902_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zHVahw7I1vIf" title="Inflation"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_90A_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zJXLQysOsWwb" title="Inflation"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90D_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfpBEdQL4naf" title="Inflation"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_z5UpDx4DWizd" title="Inflation"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZOkcOILdeN1" title="Inflation"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zrGXFtQ9AwX9" title="Inflation"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Future salary increases&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zj5PyFkhvpEj" title="Future salary increases"&gt;1.0&lt;/span&gt;% to &lt;span id="xdx_901_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zDLqFlMRTBuc" title="Future salary increases"&gt;7.1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zYsLFOTXTGF1" title="Future salary increases"&gt;1.0&lt;/span&gt;% to &lt;span id="xdx_90B_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zZIOXTRstIGh" title="Future salary increases"&gt;7.1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_903_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_ztQirYmdNkce" title="Future salary increases"&gt;1.0&lt;/span&gt;% to &lt;span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAVowhAD68z7" title="Future salary increases"&gt;7.1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Future pension increases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFchon2H1SRj" title="Future pension increases"&gt;2.7&lt;/span&gt;% to &lt;span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zjAIFd5ZSjAc" title="Future pension increases"&gt;3.8&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zZ8LC7pGXuuk" title="Future pension increases"&gt;2.5&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zAdVvDA2FNHh" title="Future pension increases"&gt;3.8&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zsvR6pqmQ9Bl" title="Future pension increases"&gt;2.0&lt;/span&gt;% to &lt;span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zi4PwQeve5Ue" title="Future pension increases"&gt;3.8&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Medical cost trend rate&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zrR37njv7kh6" title="Medical cost trend rate"&gt;6.4&lt;/span&gt;% to &lt;span id="xdx_906_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zT6hm63S7TVe" title="Medical cost trend rate"&gt;7.1&lt;/span&gt;% p.a. reducing to 7.1%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zfmo3Xdg5RCj" title="Medical cost trend rate"&gt;4.2&lt;/span&gt;% to &lt;span id="xdx_907_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zYKbkt6WGOJc" title="Medical cost trend rate"&gt;6.9&lt;/span&gt;% p.a. reducing to 6.9%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_901_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_fKGkp_zFkl4KFdNNm5" title="Medical cost trend rate"&gt;4.5&lt;/span&gt;% to &lt;span id="xdx_905_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_fKGkp_zaDN8M5V7i5l" title="Medical cost trend rate"&gt;6.9&lt;/span&gt;% p.a. reducing to 6.9%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Dental claims trend rate&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_900_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20221231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkz6MlRmysni" title="Dental claims trend rate"&gt;3.5&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90D_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20211231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zKZeBa2nTNpf" title="Dental claims trend rate"&gt;3.3&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ActuarialAssumptionOfDentalClaimsCostTrendRates_iI_pip0_dp_c20201231__ifrs-full--RangeAxis__srt--WeightedAverageMember_fKGkp_zkGXmtgN9U42" title="Dental claims trend rate"&gt;3.3&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Life expectancy for an over 65 years old male&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90A_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWThsUUJjFJ4" title="Life expectancy for an over 65 years old male"&gt;84&lt;/span&gt; to &lt;span id="xdx_906_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYSbfmBbt1V2" title="Life expectancy for an over 65 years old male"&gt;87&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_900_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zAcZR94nY6Oh" title="Life expectancy for an over 65 years old male"&gt;85&lt;/span&gt; to &lt;span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zxRIBxh76dIf" title="Life expectancy for an over 65 years old male"&gt;87&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zvPyiu3hl0e7" title="Life expectancy for an over 65 years old male"&gt;84&lt;/span&gt; to &lt;span id="xdx_90C_ecustom--ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4GygqR16VN" title="Life expectancy for an over 65 years old male"&gt;87&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Life expectancy for an over 65 years old female&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_907_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zgD1J5i4aFF6" title="Life expectancy for an over 65 years old female"&gt;86&lt;/span&gt; to &lt;span id="xdx_904_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20220101__20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zWoZzBMTI7Rh" title="Life expectancy for an over 65 years old female"&gt;89&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_908_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zHrbSHAhJ0Tc" title="Life expectancy for an over 65 years old female"&gt;87&lt;/span&gt; to &lt;span id="xdx_902_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20210101__20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zZniZbeU4k6j" title="Life expectancy for an over 65 years old female"&gt;89&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;span id="xdx_902_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3uXyGy4tFS1" title="Life expectancy for an over 65 years old female"&gt;86&lt;/span&gt; to &lt;span id="xdx_90D_ecustom--ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge_dtY_c20200101__20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z25Zx0xZX3Oc" title="Life expectancy for an over 65 years old female"&gt;89&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F01_zpaVyfqHPDRi" style="padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F12_zlUXyBDDTtd8" style="padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Includes assumptions in Brazil, Central America and Caribbean, Latin America - South and Canada.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</abev:DisclosureOfActuarialAssumptionsOfTheEntityTextBlock>
    <ifrs-full:ActuarialAssumptionOfDiscountRates
      contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember"
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      contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember"
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      contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember"
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      id="Fact005337"
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      contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005339"
      unitRef="Pure">0.024</ifrs-full:ActuarialAssumptionOfDiscountRates>
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      contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005341"
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      contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005343"
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      contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005345"
      unitRef="Pure">0.035</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
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      contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005347"
      unitRef="Pure">0.020</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
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      contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005349"
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      contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005351"
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    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation
      contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005353"
      unitRef="Pure">0.035</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005355"
      unitRef="Pure">0.010</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005357"
      unitRef="Pure">0.071</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005359"
      unitRef="Pure">0.010</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005361"
      unitRef="Pure">0.071</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005363"
      unitRef="Pure">0.010</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases
      contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005365"
      unitRef="Pure">0.071</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005367"
      unitRef="Pure">0.027</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005369"
      unitRef="Pure">0.038</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005371"
      unitRef="Pure">0.025</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005373"
      unitRef="Pure">0.038</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005375"
      unitRef="Pure">0.020</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases
      contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005377"
      unitRef="Pure">0.038</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005379"
      unitRef="Pure">0.064</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005381"
      unitRef="Pure">0.071</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005383"
      unitRef="Pure">0.042</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
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      contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005385"
      unitRef="Pure">0.069</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
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      contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      id="Fact005387"
      unitRef="Pure">0.045</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates
      contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      id="Fact005389"
      unitRef="Pure">0.069</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
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      contextRef="AsOf2022-12-31_srt_WeightedAverageMember"
      decimals="INF"
      id="Fact005391"
      unitRef="Pure">0.035</abev:ActuarialAssumptionOfDentalClaimsCostTrendRates>
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      contextRef="AsOf2021-12-31_srt_WeightedAverageMember"
      decimals="INF"
      id="Fact005393"
      unitRef="Pure">0.033</abev:ActuarialAssumptionOfDentalClaimsCostTrendRates>
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      contextRef="AsOf2020-12-31_srt_WeightedAverageMember"
      decimals="INF"
      id="Fact005395"
      unitRef="Pure">0.033</abev:ActuarialAssumptionOfDentalClaimsCostTrendRates>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge contextRef="From2022-01-012022-12-31_ifrs-full_BottomOfRangeMember">P84Y</abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge contextRef="From2022-01-012022-12-31_ifrs-full_TopOfRangeMember">P87Y</abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge contextRef="From2021-01-012021-12-31_ifrs-full_BottomOfRangeMember">P85Y</abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge contextRef="From2021-01-012021-12-31_ifrs-full_TopOfRangeMember">P87Y</abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge contextRef="From2020-01-012020-12-31_ifrs-full_BottomOfRangeMember">P84Y</abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge contextRef="From2020-01-012020-12-31_ifrs-full_TopOfRangeMember">P87Y</abev:ActuarialAssumptionOfLifeExpectancyOfAMaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge contextRef="From2022-01-012022-12-31_ifrs-full_BottomOfRangeMember">P86Y</abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge contextRef="From2022-01-012022-12-31_ifrs-full_TopOfRangeMember">P89Y</abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge contextRef="From2021-01-012021-12-31_ifrs-full_BottomOfRangeMember">P87Y</abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge contextRef="From2021-01-012021-12-31_ifrs-full_TopOfRangeMember">P89Y</abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge contextRef="From2020-01-012020-12-31_ifrs-full_BottomOfRangeMember">P86Y</abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge>
    <abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge contextRef="From2020-01-012020-12-31_ifrs-full_TopOfRangeMember">P89Y</abev:ActuarialAssumptionOfLifeExpectancyOfAFemaleAfter65YearsOfAge>
    <ifrs-full:DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn5n6_zcDB6wI8JAj6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - EMPLOYEE BENEFITS - Weighted Principal Assumptions (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_zAsAbpf5vTm7" style="display: none"&gt;Schedule of weighted principal assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;In millions of Brazilian Reais&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Change in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Increase in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Decrease in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Increase in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Decrease in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Increase in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 7.5pt"&gt;&lt;b&gt;Decrease in assumption&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Medical cost trend rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;100 bases points&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zzLvZ0UUqHih" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(94.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z98ckDvycHCh" style="white-space: nowrap; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;81.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_ztLmGQVhZcjc" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(114.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z8cYlpRVFR1f" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;98.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_zERdWaMG5hyk" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(139.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfMedicalCostTrendRatesMember_z4IxkvxLFXTa" style="white-space: nowrap; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;118.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Discount rate&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;50 bases points&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_z9GMj6v3n199" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;307.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zcp4oPlCBwG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(328.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zUJtAuOcZhoe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;442.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zeFEtgkVWL6l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(470.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zrXoK0iA6YTc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;461.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember_zh951Sxzugxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(492.6)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Future salary increase&lt;/span&gt;&lt;/td&gt;
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    One year&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20221231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zdCpjEOfzMK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;213.5&#160;&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_985_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zBDqDA6TKXrd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(287.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20211231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zSTOkmmnMO2j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;279.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_z36GcQLlWGwi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Increase in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(295.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn5n6_c20201231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfLifeExpectancyAfterRetirementMember_zeACq8sfLaT7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Decrease in assumption"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;287.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
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    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Unrated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Rated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Unrated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Rated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Unrated&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Government bonds&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zCiPYGdEiQkk" title="Plan assets percentage, rated"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zovFIna72BZf" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90E_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z8CjwOCgX9ua" title="Plan assets percentage"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_z6amjBDMK7W7" title="Plan assets percentage, rated"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zf0O1vY7Vrsi" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zzhFpaQ4qlj7" title="Plan assets percentage"&gt;43&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zuraWaVZVFQh" title="Plan assets percentage, rated"&gt;52&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90E_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zUsQNPo0vSQ5" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsGovernmentBondsMember_zZ16b1cREC6l" title="Plan assets percentage"&gt;52&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Corporate bonds&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zHAm2zUOcLU8" title="Plan assets percentage, rated"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zGj6PtRkoNa5" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zIDrNohR6V7b" title="Plan assets percentage"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_902_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zuNodzTBji9f" title="Plan assets percentage, rated"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90B_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zPWpcBKpHWX6" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zda8rvNxJeHj" title="Plan assets percentage"&gt;10&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zbNlZiivK3S1" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90F_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zYJy05b6k3ic" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCorporateBondsMember_zMXeOsM0u90f" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Equity instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_900_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zAhd8NLN3wA" title="Plan assets percentage, rated"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_905_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zd8DlIifXDR" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_907_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zP7yISvwocM5" title="Plan assets percentage"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90F_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zOATeyFbfdnh" title="Plan assets percentage, rated"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_902_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_zIcxRpb9G0hj" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_ztdrHM2Lnn5b" title="Plan assets percentage"&gt;15&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90D_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z7AFtE7aWGm6" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90D_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z9eELEZHE2Z1" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_901_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsEquityInstrumentsMember_z91PQB1Pi7Y7" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zwzf3fhBuU93" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_907_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zJzakTRHJyek" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_906_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zEfLd3b79Oo5" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zORBJwOIvOK3" title="Plan assets percentage, rated"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zYeLzHOepEng" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90B_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zlptkwe8MVak" title="Plan assets percentage"&gt;6&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_903_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zQlZELf3pULi" title="Plan assets percentage, rated"&gt;1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_906_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_z6IzqMdrVmu2" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_904_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsCashMember_zsIn7Jy8YU65" title="Plan assets percentage"&gt;1&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Others&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90E_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zpwYC99YVxig" title="Plan assets percentage, rated"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_908_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zy70qU2XfQy3" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20221231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zZjSPEFtawt9" title="Plan assets percentage"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_90A_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zd7fAITRts97" title="Plan assets percentage, rated"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_90A_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zApbal4C5HJg" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_908_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20211231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zkuagjo5SDO2" title="Plan assets percentage"&gt;26&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_906_ecustom--RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zpTSRhHYpj5f" title="Plan assets percentage, rated"&gt;35&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&lt;span id="xdx_903_ecustom--UnratedPlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp0_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_zHZq9dMhguNe" title="Plan assets percentage, unrated"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;span id="xdx_905_ecustom--PlanAssetsOfDefinedBenefitPlanComponentPercentage_iI_pip0_dp_c20201231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PlanAssetsOthersMember_z9ku1LIO5kKf" title="Plan assets percentage"&gt;35&lt;/span&gt;%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfPlanAssetsComponentsTextBlock>
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      contextRef="AsOf2020-12-31_custom_PlanAssetsGovernmentBondsMember"
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      contextRef="AsOf2020-12-31_custom_PlanAssetsGovernmentBondsMember"
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      contextRef="AsOf2022-12-31_custom_PlanAssetsCorporateBondsMember"
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      contextRef="AsOf2022-12-31_custom_PlanAssetsCorporateBondsMember"
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      contextRef="AsOf2021-12-31_custom_PlanAssetsCorporateBondsMember"
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      contextRef="AsOf2021-12-31_custom_PlanAssetsCorporateBondsMember"
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      contextRef="AsOf2020-12-31_custom_PlanAssetsCorporateBondsMember"
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      contextRef="AsOf2020-12-31_custom_PlanAssetsCorporateBondsMember"
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      contextRef="AsOf2020-12-31_custom_PlanAssetsCorporateBondsMember"
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      contextRef="AsOf2022-12-31_custom_PlanAssetsEquityInstrumentsMember"
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      contextRef="AsOf2022-12-31_custom_PlanAssetsEquityInstrumentsMember"
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      contextRef="AsOf2020-12-31_custom_PlanAssetsEquityInstrumentsMember"
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    <abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage
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    <abev:RatedPlanAssetsOfDefinedBenefitPlanComponentPercentage
      contextRef="AsOf2020-12-31_custom_PlanAssetsOthersMember"
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    <abev:PlanAssetsOfDefinedBenefitPlanComponentPercentage
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    <ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan
      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      unitRef="BRL">309700000</ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan>
    <ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_804_eifrs-full--DisclosureOfSharebasedPaymentArrangementsExplanatory_zVKkovV54mDb" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;25.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_030"/&gt;&lt;span id="xdx_823_zHcLjbHV7yf"&gt;SHARE-BASED PAYMENTS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Currently the Company has two plans for share-based
payment programs: (i) the Stock Option Plan, approved in Extraordinary General Meeting of July 30, 2013 (&#x201c;Stock Option Plan&#x201d;)
and (ii) the Share-based Payment Plan approved in Extraordinary General Meeting of April 29, 2016, as amended in Extraordinary General
Meeting of April 24, 2020 (&#x201c;Share-Based Plan&#x201d;). In each plan different restricted stock options and share-based payment programs
are issued periodically which allow the employees and senior management of the Company and its subsidiaries to acquire, through the exercise
of stock options, or receive shares of the Company.&lt;/p&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="color: black"/&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(i) Stock Option Plan&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;There are three models of stock options that may be granted
under the Stock Option Plan.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under the first model, beneficiaries, in accordance
with their internal category, could choose between allocating (a) &lt;span id="xdx_905_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionOne_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zB8b8rN5OiE6" title="Profit allocation, share-based payments, allocation option one"&gt;30%&lt;/span&gt;
or 100%, (b)&#160;&lt;span id="xdx_900_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionTwo_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zR4PkqYTf4ug" title="Profit allocation, share-based payments, allocation option two"&gt;40%&lt;/span&gt;
or 100%, and (c) &lt;span id="xdx_90A_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionThree_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_z0IKb4erLo31" title="Profit allocation, share-based payments, allocation option three"&gt;60%&lt;/span&gt;
or &lt;span id="xdx_90B_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionFour_pp0d_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zHCLi4ebumr5" title="Profit allocation, share-based payments, allocation option four"&gt;100%&lt;/span&gt;
of the amounts received by them as profit-sharing regarding the immediate year to the exercise of stock options, thereby allowing
them to acquire the corresponding amount of Ambev shares. Under this model, a substantial part of the shares acquired is to be
delivered only within five years from the corresponding stock option grant date. During such &lt;span id="xdx_905_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantOneMember_zaW3hld7kt2l" style="display: none" title="Option life, share options granted"&gt;5&lt;/span&gt; five-year period, the beneficiary
must remain employed at Ambev or in any other company of its group.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under the second model, the beneficiary may
exercise the stock options granted only after a period of up to &lt;span id="xdx_902_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pip0_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantTwoMember_z4hYNC48jnQb" style="display: none" title="Option life, share options granted"&gt;5&lt;/span&gt; five years from the corresponding grant date. Vesting of the stock
options granted under the second model is not subject to the company&#x2019;s performance measures; however, the right to exercise
such options may be forfeited in certain circumstances, including the beneficiary&#x2019;s resignation or dismissal prior to the
stock options&#x2019; vesting.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under the third model, the beneficiaries, in accordance
with their internal category, may choose between allocating (a) &lt;span id="xdx_907_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionOne_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_zBELrCy1N5d3"&gt;20%
&lt;/span&gt;or 100%, (b) &lt;span id="xdx_90C_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionTwo_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_zjuKAB4x5yIk"&gt;30%
&lt;/span&gt;or 100%, and (b) &lt;span id="xdx_90B_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionThree_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_z3vXdJE1qKHe"&gt;50%
&lt;/span&gt;or &lt;span id="xdx_909_ecustom--ProfitAllocationSharebasedPaymentsAllocationOptionFour_pip0_dp_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--GrantThreeMember_zIDmvIIOceK4"&gt;100%&lt;/span&gt;,
of the amounts received by them as profit-sharing regarding the immediate year, to the exercise of stock options, acquisition of the
corresponding amount of Ambev shares. The totality of the shares acquired is to be delivered to the beneficiary within forty-five days
from the corresponding stock option exercising date (which shall not be later than forty-five days from the stock option grant date).
The beneficiaries of this third model are under a five-year lock-up period.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For all stock option programs, the fair value of
the shares is estimated as at the option grant date, using the &#x201c;Hull Binomial&#x201d; pricing model, adjusted to reflect the
IFRS 2 - &lt;i&gt;Share-based Payment&lt;/i&gt; requirement that assumptions regarding forfeiture before the end of the vesting period cannot
impact the fair value of the option. The fair value of the share options is estimated at the grant date, using an option pricing
model. Based on the expected number of options that will be&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;exercised, the fair value of the options granted is recognized
as an expense over the vesting period with a corresponding credit to equity. When the options are exercised, the equity is increased by
the amount of the proceeds received.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(ii) Share-Based Plan&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In this plan, certain employees and members of the Management
of the Company or its subsidiaries are eligible to receive shares in the Company including in the form of ADRs. The shares that are subject
to the Share-Based Plan are designated as "restricted shares" (RSUs) or &#x201c;performance shares&#x201d; (PSUs).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The delivery of restricted shares and performance shares
are made free, and the waiting period may vary between three and five years from the corresponding share-based plan stock grant date,
during which the beneficiary must remain employed at Ambev or any other company of its group.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The restricted shares and performance shares give to
participates the right to receive additional shares with the same conditions, such as compensation dividends and Interest on shareholder&#xb4;s
equity declared and paid by the Company during the waiting period. The right to receive restricted, performance and additional shares,
can be fully or partially lost depending on circumstances, including cases of resignation or resignation during the grace period.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under the Share-Based Plan, the reference price per restricted
share is defined on the stock-grant date based on the share price of the trading session on B3 S.A. immediately prior to the granting
of the shares, except for the performance shares, which the fair value is defined at the grant date based on &#x201c;Monte Carlo&#x201d;
pricing method. After defining the reference price, based on number of grant shares, the calculated amount is recorded as expense against
equity. The shares are transferred to attendees according to the terms and periods by the respective programs.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The weighted average fair value of the options and assumptions
used to apply the Company&#x2019;s option pricing model for 2022, 2021 and 2020 was as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory_pn5n6_zTdqHFhvauV9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Fair Value (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_zMrRpyBbl5p6" style="display: none"&gt;Schedule of weighted average fair value of the options and assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;In R$&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9.5pt"&gt;&lt;sup id="xdx_F5B_z4VhvPzgjkn4"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Fair value of options granted&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare_pid_uBRLPerShare_c20200101__20201231_zOs6R6M6RL09" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of options granted"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;4.04&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Share price&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare_pid_uBRLPerShare_c20200101__20201231_zVgXpjGZ5tQ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Share price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.05&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exercise price&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ExercisePriceShareOptionsGrantedExercisePricePerShare_pid_uBRLPerShare_c20200101__20201231_zMigmZ6TsAg3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.05&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Expected volatility&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20200101__20201231_zBqlVF8ppMa4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected volatility"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22.3%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Vesting year&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pid_uPure_c20200101__20201231_zc57VpFvBef1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Vesting year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Expected dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_dp_uPure_c20200101__20201231_zTdy4SesgqH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;5%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Risk-free interest rate&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DescriptionOfRiskFreeInterestRateShareOptionsGranted_pid_dp_c20200101__20201231_zews7wu8Hehf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Risk-free interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;6.8%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9.5pt"&gt;&lt;sup id="xdx_F5D_zbW6td78Xar5"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F09_zm98KWb0tLW8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F17_z7PhubPBPPfe" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zSRh7sWEwVK3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F1D_zEAXR935in5i" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The percentages include the grants of stock options and ADRs during the period, with the risk-free interest rate of ADRs calculated in
U.S. Dollar.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p id="xdx_8A6_zQuC1gox6e73" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;






&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The total number of outstanding options developed
was as follows:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfTheNumberOfOutstandingOptionsTextBlock_pn3n3_zVMcENboaJY7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Outstanding Options (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_zap69Oasfpka" style="display: none"&gt;Schedule of number of outstanding options developed&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;Thousand options&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Options outstanding at January&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20220101__20221231_zMqa4GGSn16b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;113,760&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20210101__20211231_z0jvHNPtQK3i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;127,265&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20200101__20201231_zIQbkWCB02X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;141,736&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options issued during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zAoy48r8rrYe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options exercised during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_z6Flw6nTQAYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(5,247)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zNMkFp70ywVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(5,730)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20220101__20221231_z91YaR2UAuGg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(14,043)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_zJQwsCKXHBQe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(8,258)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20200101__20201231_zbg1kK20QR3a" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(8,763)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Options outstanding at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20220101__20221231_zj4kfm6JSv5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;99,717&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20210101__20211231_zspc0Hx4x8ne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;113,760&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20200101__20201231_zoPe7FTJhcm8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;127,265&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_z6XhkUuNq9l3" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-indent: 20pt; text-align: justify"&gt;The range of exercise prices of the outstanding options
was from R$&lt;span id="xdx_906_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20221231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3YiOLN0we32" title="Exercise prices of the outstanding options"&gt;15.95&lt;/span&gt; (R$&lt;span id="xdx_901_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20211231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zNkMH4I3QVC7" title="Exercise prices of the outstanding options"&gt;15.95&lt;/span&gt; in 2021 and R$&lt;span id="xdx_909_ecustom--ExercisePricesOfTheOutstandingOptions_i03I_pip0_uBRLPerShare_c20201231__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zaoKxkE0Qhlj" title="Exercise prices of the outstanding options"&gt;11.972&lt;/span&gt; in 2020) to R$&lt;span id="xdx_909_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20221231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zVho6VCdBZs5" title="Exercise prices of the outstanding options"&gt;39.04&lt;/span&gt; (R$&lt;span id="xdx_905_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20211231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zTNi7hXX4Pyd" title="Exercise prices of the outstanding options"&gt;45.97&lt;/span&gt; in 2021 and R$&lt;span id="xdx_90F_ecustom--ExercisePricesOfTheOutstandingOptions_i02I_pip0_uBRLPerShare_c20201231__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zkUa7OpVYhd4" title="Exercise prices of the outstanding options"&gt;43.95&lt;/span&gt; in 2020) and the weighted average remaining
contractual life was approximately &lt;span id="xdx_905_eifrs-full--WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_dtY_c20220101__20221231_z7we5OTfLiQ8" title="Weighted average remaining contractual life of outstanding share options (Year)"&gt;4.29&lt;/span&gt; years (&lt;span id="xdx_908_eifrs-full--WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_dtY_c20210101__20221231_zGxeYD3iIQf7" title="Weighted average remaining contractual life of outstanding share options (Year)"&gt;6.70&lt;/span&gt; years in 2021 and &lt;span id="xdx_902_eifrs-full--WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019_dtY_c20200101__20221231_zhI62wIVSiT1" title="Weighted average remaining contractual life of outstanding share options (Year)"&gt;6.43&lt;/span&gt; years in 2020).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Of the &lt;span id="xdx_904_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20221231_zZsGbpUAcRTa" title="Number of share options outstanding in share-based payment arrangement at end of period"&gt;99,717&lt;/span&gt; thousand outstanding options (&lt;span id="xdx_904_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20211231_zaHfzXZ1DGKi" title="Number of share options outstanding in share-based payment arrangement at end of period"&gt;113,760&lt;/span&gt; thousand
in 2021 and &lt;span id="xdx_90F_eifrs-full--NumberOfOutstandingShareOptions_iI_pn3n3_uShares_c20201231_zakCPlD58zvg" title="Number of share options outstanding in share-based payment arrangement at end of period"&gt;127,265&lt;/span&gt; thousand in 2020), &lt;span id="xdx_904_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20220101__20221231_zDlq3vRsfRYk" title="Number of share options vested in share-based payment arrangement"&gt;63,850&lt;/span&gt; thousand options were vested in 2022 (&lt;span id="xdx_90E_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20210101__20211231_zUmQz0wIH58h" title="Number of share options vested in share-based payment arrangement"&gt;59,250&lt;/span&gt; thousand in 2021 and &lt;span id="xdx_908_ecustom--NumberOfShareOptionsVestedInSharebasedPaymentArrangement_pn3n3_uShares_c20200101__20201231_z50FIiFpm8v3" title="Number of share options vested in share-based payment arrangement"&gt;36,459&lt;/span&gt; thousand in 2020).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt"&gt;The weighted average exercise price of the options was as follows:&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock_pn5n6_ztMchxfYvuP2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Exercise Price of Options (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_z8pzB2fvnS61" style="display: none"&gt;Schedule of weighted average exercise price&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;In R$ per share&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options outstanding at January 1&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20220101__20221231_z4ybJBQNmIk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.92&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pid_uBRLPerShare_c20210101__20211231_zaJQAGiNut9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.81&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20200101__20201231_z6Yn2pCyJtM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.53&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options issued during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zzYaZxVN2jak" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.05&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20220101__20221231_zDkP7HeDt5q" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22.60&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_z9hzaKC1fLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;25.27&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zEljCbt29W72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22.96&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options exercised during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_ze8AXkwhCke1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;13.16&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zObP7AoLDd61" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;8.30&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options outstanding at the end of the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20220101__20221231_zM1H8QHOVffj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.39&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20210101__20211231_zxQMyal0TIUh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.92&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pid_uBRLPerShare_c20200101__20201231_znZoZ7DnMVC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.81&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options exercisable at the end of the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20221231_zyIsC27zbpB4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;20.12&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20211231_zYdVVxoshP9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;21.14&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20201231_zS1vczaNLugj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;23.70&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A9_z8iS5zkc3qig" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;There were no options exercised during the year ended December 31, 2022, (for options exercised in the year ended December
31, 2021, the weighted average share price on the exercise date was R&lt;span id="xdx_902_eifrs-full--WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_pip0_c20210101__20211231_zFLFOa4GElT2"&gt;$17.87&lt;/span&gt; and on December 31, 2020 was R&lt;span id="xdx_907_eifrs-full--WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019_pip0_c20200101__20201231_zleuntjRIAf7"&gt;$15.23&lt;/span&gt;).&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;To settle the exercised stock options, the Company
may use treasury shares. The current limit on the authorized capital is considered sufficient to meet the Company&#x2019;s obligations
under all stock option plans if the issue of new shares is required to meet the grants awarded under the Programs.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;During the period, the Company granted &lt;span id="xdx_903_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zqMpLvtXflN2"&gt;44
&lt;/span&gt;thousand deferred shares under the stock option plan which are valued based on the share market price prior to the grant, which
represents a fair value of R&lt;span id="xdx_901_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zVvFT0tDC397"&gt;$0.6
&lt;/span&gt;(at December 31, 2021, &lt;span id="xdx_90C_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z329hOtT7E6h"&gt;110
&lt;/span&gt;thousand deferred shares had been granted, which are valued based on the share market price prior to the grant, which represented
a fair value of R&lt;span id="xdx_902_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zc0pmFNWxMa"&gt;$1.7
&lt;/span&gt;and at December 31, 2020, &lt;span id="xdx_90A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zSFu1bUXgo76"&gt;153
&lt;/span&gt;thousand deferred shares had been granted, which are valued based on the share market price prior to the grant, which represented
a fair value of R&lt;span id="xdx_90F_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zJ05Eajh1oI5"&gt;$2.4&lt;/span&gt;.
Such deferred shares are subject to a vesting period of five years from the grant date.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;During the period, the Company granted &lt;span id="xdx_908_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zST4YIQ4EpHh" title="Number of other new equity instruments introduced in share-based payment arrangement"&gt;49,328&lt;/span&gt;
thousand (&lt;span id="xdx_90E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zTGJqd2P6mP1" title="Number of other new equity instruments introduced in share-based payment arrangement"&gt;20,629&lt;/span&gt; thousand in 2021 and &lt;span id="xdx_90E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zNOkF80zjOD5" title="Number of other new equity instruments introduced in share-based payment arrangement"&gt;21,066&lt;/span&gt; thousand in 2020) restricted shares and performance shares under the Share-Based Plan, which
are valued based on the parameters referenced above, representing a fair value of approximately R&lt;span id="xdx_908_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zB0Ib4VJhy38" title="Fair value of other equity instruments granted in share-based payment arrangement"&gt;$766.6&lt;/span&gt; in 2022 (R&lt;span id="xdx_90A_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zPARgfwQeSJk" title="Fair value of other equity instruments granted in share-based payment arrangement"&gt;$325.7&lt;/span&gt; in 2021 and
R&lt;span id="xdx_905_ecustom--FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement_pn5n6_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesUnderTheSharebasedPlanMember_zM9slb4C1cSj" title="Fair value of other equity instruments granted in share-based payment arrangement"&gt;$315.4&lt;/span&gt; in 2020).&lt;/p&gt;






&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The total number of shares purchased by or granted to
employees, as the case may be, under the Stock Option Plan and&#160;Share-Based Plan, which will be delivered in the future based on
the fulfilment of certain conditions (deferred stock, restricted and performance shares), is as set out below:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Deferred shares&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_pn3n3_zC11LqeDiun" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Deferred Shares (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BD_zh3n8FC4NNWa" style="display: none"&gt;Schedule of deferred shares&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;Thousand deferred shares&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Deferred shares outstanding at January&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z5oFaaGK8qQc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;1,168&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zH9YosXndxgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;6,065&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zhW8E1kqVygl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;7,926&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;New deferred shares during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zznmlTvHNUsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;44&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zUvmVuCb5u5g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;110&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zWAgzsAqPnB5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;153&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred shares granted during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_ziVWQAd1jW96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(214)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z1i3KUbnvv95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(4,964)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zOCHHcZHI2e1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(1,901)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred shares forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zIzMXB1aD1K2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(109)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zD43eSOrjlz9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(43)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zn4wFlrF4cB6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(113)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Deferred shares outstanding at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zHUyQT5pffE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;889&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z2C3x7fFLHAk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;1,168&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zXHNqQotxpxe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;6,065&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Restricted and performance shares&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;Thousand restricted shares&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Restricted shares outstanding at January&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zaYdeQZPhzt6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;62,545&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zLYpKDzwsUog" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;43,458&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zXLOU41a0y78" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;23,836&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;New restricted shares during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zwExP5LOfkjk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;49,328&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z2fFBbMNRwL8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;20,629&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zv5BJ2K4V2w9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;21,066&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Restricted shares granted during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zSETyIpqwbg1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(12)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z6yPcmUDX1Yl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(22)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Restricted shares forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zvfyvGamVOEh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(3,007)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zyAb5p2UmB4k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(1,520)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zGSx9tgPcVEf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(1,444)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Restricted shares outstanding at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zmo7sL4FLcY9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;108,854&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zS3JhO2gfTF5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;62,545&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zEMBQ4FdySef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;43,458&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A8_znK2aG6RxPqe" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;Additionally, certain
employees and managers of the Company received options to acquire AB InBev shares, the compensation costs of which are recognized in the
income statement against equity&lt;/span&gt;&lt;span style="font-size: 11pt"&gt;.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 12pt 0 0; text-align: justify"&gt;The transactions with share-based payments described
above generated an expense of R&lt;span id="xdx_90E_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20220101__20221231_zeQTWe0nABtf" title="Expense from share-based payment transactions with employees"&gt;$311.6&lt;/span&gt; in 2022 (R&lt;span id="xdx_908_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20210101__20211231_zhOyQi6BPfdc" title="Expense from share-based payment transactions with employees"&gt;$391.5&lt;/span&gt; and R&lt;span id="xdx_90F_eifrs-full--ExpenseFromSharebasedPaymentTransactionsWithEmployees_pn5n6_c20200101__20201231_zBQiR1kMW1j8" title="Expense from share-based payment transactions with employees"&gt;$223.1&lt;/span&gt; in 2021 and 2020, respectively), recorded as administrative expenses.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionOne
      contextRef="From2022-01-012022-12-31_custom_GrantOneMember"
      decimals="INF"
      unitRef="Pure">0.30</abev:ProfitAllocationSharebasedPaymentsAllocationOptionOne>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionTwo
      contextRef="From2022-01-012022-12-31_custom_GrantOneMember"
      decimals="INF"
      unitRef="Pure">0.40</abev:ProfitAllocationSharebasedPaymentsAllocationOptionTwo>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionThree
      contextRef="From2022-01-012022-12-31_custom_GrantOneMember"
      decimals="INF"
      unitRef="Pure">0.60</abev:ProfitAllocationSharebasedPaymentsAllocationOptionThree>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionFour
      contextRef="From2022-01-012022-12-31_custom_GrantOneMember"
      decimals="0"
      unitRef="Pure">1</abev:ProfitAllocationSharebasedPaymentsAllocationOptionFour>
    <ifrs-full:DescriptionOfOptionLifeShareOptionsGranted
      contextRef="From2022-01-012022-12-31_custom_GrantOneMember"
      decimals="INF"
      unitRef="Pure">5</ifrs-full:DescriptionOfOptionLifeShareOptionsGranted>
    <ifrs-full:DescriptionOfOptionLifeShareOptionsGranted
      contextRef="From2022-01-012022-12-31_custom_GrantTwoMember"
      decimals="INF"
      unitRef="Pure">5</ifrs-full:DescriptionOfOptionLifeShareOptionsGranted>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionOne
      contextRef="From2022-01-012022-12-31_custom_GrantThreeMember"
      decimals="INF"
      unitRef="Pure">0.20</abev:ProfitAllocationSharebasedPaymentsAllocationOptionOne>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionTwo
      contextRef="From2022-01-012022-12-31_custom_GrantThreeMember"
      decimals="INF"
      unitRef="Pure">0.30</abev:ProfitAllocationSharebasedPaymentsAllocationOptionTwo>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionThree
      contextRef="From2022-01-012022-12-31_custom_GrantThreeMember"
      decimals="INF"
      unitRef="Pure">0.50</abev:ProfitAllocationSharebasedPaymentsAllocationOptionThree>
    <abev:ProfitAllocationSharebasedPaymentsAllocationOptionFour
      contextRef="From2022-01-012022-12-31_custom_GrantThreeMember"
      decimals="INF"
      unitRef="Pure">1</abev:ProfitAllocationSharebasedPaymentsAllocationOptionFour>
    <ifrs-full:DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory_pn5n6_zTdqHFhvauV9" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Fair Value (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_zMrRpyBbl5p6" style="display: none"&gt;Schedule of weighted average fair value of the options and assumptions&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 52%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;In R$&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9.5pt"&gt;&lt;sup id="xdx_F5B_z4VhvPzgjkn4"&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Fair value of options granted&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare_pid_uBRLPerShare_c20200101__20201231_zOs6R6M6RL09" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of options granted"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;4.04&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Share price&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare_pid_uBRLPerShare_c20200101__20201231_zVgXpjGZ5tQ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Share price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.05&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Exercise price&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ExercisePriceShareOptionsGrantedExercisePricePerShare_pid_uBRLPerShare_c20200101__20201231_zMigmZ6TsAg3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.05&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Expected volatility&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pid_dp_c20200101__20201231_zBqlVF8ppMa4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected volatility"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22.3%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Vesting year&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--DescriptionOfOptionLifeShareOptionsGranted_pid_uPure_c20200101__20201231_zc57VpFvBef1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Vesting year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Expected dividends&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pid_dp_uPure_c20200101__20201231_zTdy4SesgqH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Expected dividends"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;5%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Risk-free interest rate&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--DescriptionOfRiskFreeInterestRateShareOptionsGranted_pid_dp_c20200101__20201231_zews7wu8Hehf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Risk-free interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;6.8%&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9.5pt"&gt;&lt;sup id="xdx_F5D_zbW6td78Xar5"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F09_zm98KWb0tLW8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F17_z7PhubPBPPfe" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Information based on weighted average plans granted, except for the expected dividends and risk-free interest rate.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zSRh7sWEwVK3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F1D_zEAXR935in5i" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;The percentages include the grants of stock options and ADRs during the period, with the risk-free interest rate of ADRs calculated in
U.S. Dollar.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

</ifrs-full:DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory>
    <abev:WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">4.04</abev:WeightedAverageFairValueAtMeasurementDateShareOptionsGrantedPerShare>
    <abev:WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">18.05</abev:WeightedAverageFairValueAtMeasurementDateShareSharePricePerShare>
    <abev:ExercisePriceShareOptionsGrantedExercisePricePerShare
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">18.05</abev:ExercisePriceShareOptionsGrantedExercisePricePerShare>
    <ifrs-full:DescriptionOfExpectedVolatilityShareOptionsGranted
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="Pure">0.223</ifrs-full:DescriptionOfExpectedVolatilityShareOptionsGranted>
    <ifrs-full:DescriptionOfOptionLifeShareOptionsGranted
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="Pure">5</ifrs-full:DescriptionOfOptionLifeShareOptionsGranted>
    <ifrs-full:ExpectedDividendAsPercentageShareOptionsGranted
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="Pure">0.05</ifrs-full:ExpectedDividendAsPercentageShareOptionsGranted>
    <ifrs-full:DescriptionOfRiskFreeInterestRateShareOptionsGranted
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="Pure">0.068</ifrs-full:DescriptionOfRiskFreeInterestRateShareOptionsGranted>
    <abev:DisclosureOfTheNumberOfOutstandingOptionsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfTheNumberOfOutstandingOptionsTextBlock_pn3n3_zVMcENboaJY7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Outstanding Options (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B6_zap69Oasfpka" style="display: none"&gt;Schedule of number of outstanding options developed&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;Thousand options&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Options outstanding at January&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20220101__20221231_zMqa4GGSn16b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;113,760&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20210101__20211231_z0jvHNPtQK3i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;127,265&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NumberOfOutstandingShareOptions1_iS_pn3n3_uShares_c20200101__20201231_zIQbkWCB02X4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;141,736&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options issued during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zAoy48r8rrYe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options exercised during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_z6Flw6nTQAYl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(5,247)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1_pn3n3_uShares_c20200101__20201231_zNMkFp70ywVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(5,730)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20220101__20221231_z91YaR2UAuGg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(14,043)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_uShares_c20210101__20211231_zJQwsCKXHBQe" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(8,258)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1_pn3n3_c20200101__20201231_zbg1kK20QR3a" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(8,763)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Options outstanding at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20220101__20221231_zj4kfm6JSv5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;99,717&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20210101__20211231_zspc0Hx4x8ne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;113,760&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfOutstandingShareOptions1_iE_pn3n3_uShares_c20200101__20201231_zoPe7FTJhcm8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;127,265&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfTheNumberOfOutstandingOptionsTextBlock>
    <abev:NumberOfOutstandingShareOptions1 contextRef="AsOf2021-12-31" decimals="-3" unitRef="Shares">113760000</abev:NumberOfOutstandingShareOptions1>
    <abev:NumberOfOutstandingShareOptions1 contextRef="AsOf2020-12-31" decimals="-3" unitRef="Shares">127265000</abev:NumberOfOutstandingShareOptions1>
    <abev:NumberOfOutstandingShareOptions1 contextRef="AsOf2019-12-31" decimals="-3" unitRef="Shares">141736000</abev:NumberOfOutstandingShareOptions1>
    <abev:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="Shares">22000</abev:NumberOfShareOptionsGrantedInSharebasedPaymentArrangement1>
    <abev:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1
      contextRef="From2021-01-012021-12-31"
      decimals="-3"
      unitRef="Shares">-5247000</abev:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1>
    <abev:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="Shares">-5730000</abev:NumberOfShareOptionsExercisedInSharebasedPaymentArrangement1>
    <abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1
      contextRef="From2022-01-01to2022-12-31"
      decimals="-3"
      unitRef="Shares">-14043000</abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1>
    <abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1
      contextRef="From2021-01-012021-12-31"
      decimals="-3"
      unitRef="Shares">-8258000</abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1>
    <abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="Shares">-8763000</abev:NumberOfShareOptionsExpiredInSharebasedPaymentArrangement1>
    <abev:NumberOfOutstandingShareOptions1 contextRef="AsOf2022-12-31" decimals="-3" unitRef="Shares">99717000</abev:NumberOfOutstandingShareOptions1>
    <abev:NumberOfOutstandingShareOptions1 contextRef="AsOf2021-12-31" decimals="-3" unitRef="Shares">113760000</abev:NumberOfOutstandingShareOptions1>
    <abev:NumberOfOutstandingShareOptions1 contextRef="AsOf2020-12-31" decimals="-3" unitRef="Shares">127265000</abev:NumberOfOutstandingShareOptions1>
    <abev:ExercisePricesOfTheOutstandingOptions
      contextRef="AsOf2022-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      unitRef="BRLPerShare">15.95</abev:ExercisePricesOfTheOutstandingOptions>
    <abev:ExercisePricesOfTheOutstandingOptions
      contextRef="AsOf2021-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      unitRef="BRLPerShare">15.95</abev:ExercisePricesOfTheOutstandingOptions>
    <abev:ExercisePricesOfTheOutstandingOptions
      contextRef="AsOf2020-12-31_ifrs-full_BottomOfRangeMember"
      decimals="INF"
      unitRef="BRLPerShare">11.972</abev:ExercisePricesOfTheOutstandingOptions>
    <abev:ExercisePricesOfTheOutstandingOptions
      contextRef="AsOf2022-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      unitRef="BRLPerShare">39.04</abev:ExercisePricesOfTheOutstandingOptions>
    <abev:ExercisePricesOfTheOutstandingOptions
      contextRef="AsOf2021-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      unitRef="BRLPerShare">45.97</abev:ExercisePricesOfTheOutstandingOptions>
    <abev:ExercisePricesOfTheOutstandingOptions
      contextRef="AsOf2020-12-31_ifrs-full_TopOfRangeMember"
      decimals="INF"
      unitRef="BRLPerShare">43.95</abev:ExercisePricesOfTheOutstandingOptions>
    <ifrs-full:WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019 contextRef="From2022-01-01to2022-12-31">P4Y3M14D</ifrs-full:WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019>
    <ifrs-full:WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019 contextRef="From2021-01-012022-12-31">P6Y8M12D</ifrs-full:WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019>
    <ifrs-full:WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019 contextRef="From2020-01-012022-12-31">P6Y5M4D</ifrs-full:WeightedAverageRemainingContractualLifeOfOutstandingShareOptions2019>
    <ifrs-full:NumberOfOutstandingShareOptions contextRef="AsOf2022-12-31" decimals="-3" unitRef="Shares">99717000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions contextRef="AsOf2021-12-31" decimals="-3" unitRef="Shares">113760000</ifrs-full:NumberOfOutstandingShareOptions>
    <ifrs-full:NumberOfOutstandingShareOptions contextRef="AsOf2020-12-31" decimals="-3" unitRef="Shares">127265000</ifrs-full:NumberOfOutstandingShareOptions>
    <abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement
      contextRef="From2022-01-01to2022-12-31"
      decimals="-3"
      unitRef="Shares">63850000</abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement>
    <abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31"
      decimals="-3"
      unitRef="Shares">59250000</abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement>
    <abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31"
      decimals="-3"
      unitRef="Shares">36459000</abev:NumberOfShareOptionsVestedInSharebasedPaymentArrangement>
    <abev:DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock_pn5n6_ztMchxfYvuP2" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Weighted Average Exercise Price of Options (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B8_z8pzB2fvnS61" style="display: none"&gt;Schedule of weighted average exercise price&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;In R$ per share&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options outstanding at January 1&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20220101__20221231_z4ybJBQNmIk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.92&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pid_uBRLPerShare_c20210101__20211231_zaJQAGiNut9k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.81&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iS_pip0_c20200101__20201231_z6Yn2pCyJtM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at January 1, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.53&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options issued during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zzYaZxVN2jak" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options issued during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;18.05&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20220101__20221231_zDkP7HeDt5q" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22.60&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_z9hzaKC1fLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;25.27&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zEljCbt29W72" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options forfeited during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;22.96&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options exercised during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20210101__20211231_ze8AXkwhCke1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;13.16&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019_pip0_c20200101__20201231_zObP7AoLDd61" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercised during the period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;8.30&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options outstanding at the end of the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20220101__20221231_zM1H8QHOVffj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.39&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pip0_c20210101__20211231_zxQMyal0TIUh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.92&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_iE_pid_uBRLPerShare_c20200101__20201231_znZoZ7DnMVC1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options outstanding at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;19.81&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Options exercisable at the end of the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20221231_zyIsC27zbpB4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;20.12&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20211231_zYdVVxoshP9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;21.14&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019_iI_pip0_c20201231_zS1vczaNLugj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Options exercisable at ended period, weighted average exercise price (in BRL per share)"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;23.70&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfWeightedAverageExercisePricesOfShareOptionsTextBlock>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="AsOf2021-12-31"
      decimals="INF"
      unitRef="BRLPerShare">19.92</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="AsOf2020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">19.81</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="AsOf2019-12-31"
      decimals="INF"
      unitRef="BRLPerShare">18.53</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">18.05</ifrs-full:WeightedAverageExercisePriceOfShareOptionsGrantedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019
      contextRef="From2022-01-01to2022-12-31"
      decimals="INF"
      unitRef="BRLPerShare">22.60</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019
      contextRef="From2021-01-012021-12-31"
      decimals="INF"
      unitRef="BRLPerShare">25.27</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">22.96</ifrs-full:WeightedAverageExercisePriceOfShareOptionsForfeitedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019
      contextRef="From2021-01-012021-12-31"
      decimals="INF"
      unitRef="BRLPerShare">13.16</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">8.30</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisedInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="AsOf2022-12-31"
      decimals="INF"
      unitRef="BRLPerShare">19.39</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="AsOf2021-12-31"
      decimals="INF"
      unitRef="BRLPerShare">19.92</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019
      contextRef="AsOf2020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">19.81</ifrs-full:WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="AsOf2022-12-31"
      decimals="INF"
      unitRef="BRLPerShare">20.12</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="AsOf2021-12-31"
      decimals="INF"
      unitRef="BRLPerShare">21.14</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019
      contextRef="AsOf2020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">23.70</ifrs-full:WeightedAverageExercisePriceOfShareOptionsExercisableInSharebasedPaymentArrangement2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019
      contextRef="From2021-01-012021-12-31"
      decimals="INF"
      unitRef="BRLPerShare">17.87</ifrs-full:WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019>
    <ifrs-full:WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019
      contextRef="From2020-01-012020-12-31"
      decimals="INF"
      unitRef="BRLPerShare">15.23</ifrs-full:WeightedAverageExercisePriceOfShareOptionsInSharebasedPaymentArrangementExercisedDuringPeriodAtDateOfExercise2019>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">44000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement
      contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-5"
      unitRef="BRL">600000</abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">110000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-5"
      unitRef="BRL">1700000</abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">153000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-5"
      unitRef="BRL">2400000</abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">49328000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">20629000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">21066000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement
      contextRef="From2022-01-012022-12-31_custom_RestrictedSharesUnderTheSharebasedPlanMember"
      decimals="-5"
      unitRef="BRL">766600000</abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement>
    <abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31_custom_RestrictedSharesUnderTheSharebasedPlanMember"
      decimals="-5"
      unitRef="BRL">325700000</abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement>
    <abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31_custom_RestrictedSharesUnderTheSharebasedPlanMember"
      decimals="-5"
      unitRef="BRL">315400000</abev:FairValueOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement>
    <ifrs-full:DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_pn3n3_zC11LqeDiun" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - SHARE-BASED PAYMENTS - Deferred Shares (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BD_zh3n8FC4NNWa" style="display: none"&gt;Schedule of deferred shares&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;Thousand deferred shares&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Deferred shares outstanding at January&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z5oFaaGK8qQc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;1,168&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zH9YosXndxgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;6,065&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zhW8E1kqVygl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;7,926&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;New deferred shares during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zznmlTvHNUsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;44&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zUvmVuCb5u5g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;110&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zWAgzsAqPnB5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;153&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred shares granted during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_ziVWQAd1jW96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(214)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z1i3KUbnvv95" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(4,964)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zOCHHcZHI2e1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(1,901)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Deferred shares forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zIzMXB1aD1K2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(109)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zD43eSOrjlz9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(43)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zn4wFlrF4cB6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(113)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Deferred shares outstanding at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zHUyQT5pffE6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;889&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_z2C3x7fFLHAk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;1,168&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--DeferredStockUnitsOfGrantOneMember_zXHNqQotxpxe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;6,065&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Restricted and performance shares&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 56%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;i&gt;Thousand restricted shares&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 4%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Restricted shares outstanding at January&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zaYdeQZPhzt6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;62,545&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zLYpKDzwsUog" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;43,458&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iS_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zXLOU41a0y78" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at January"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;23,836&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;New restricted shares during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zwExP5LOfkjk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;49,328&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z2fFBbMNRwL8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;20,629&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zv5BJ2K4V2w9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="New shares during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;21,066&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Restricted shares granted during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zSETyIpqwbg1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(12)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NumberOfInstrumentsOtherEquityInstrumentsGranted_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_z6yPcmUDX1Yl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares granted during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(22)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Restricted shares forfeited during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zvfyvGamVOEh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(3,007)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zyAb5p2UmB4k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(1,520)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_pn3n3_uPure_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zGSx9tgPcVEf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Shares forfeited during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(1,444)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Restricted shares outstanding at the end of the year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20220101__20221231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zmo7sL4FLcY9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;108,854&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20210101__20211231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zS3JhO2gfTF5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;62,545&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1_iE_pn3n3_c20200101__20201231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--RestrictedSharesMember_zEMBQ4FdySef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Deferred shares outstanding at the end of the year"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;43,458&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2021-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Shares">1168000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2020-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Shares">6065000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2019-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Shares">7926000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">44000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">110000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">153000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">-214000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">-4964000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">-1901000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
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      contextRef="From2022-01-012022-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">-109000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">-43000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
    <ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Pure">-113000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2022-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Shares">889000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2021-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Shares">1168000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2020-12-31_custom_DeferredStockUnitsOfGrantOneMember"
      decimals="-3"
      unitRef="Shares">6065000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2021-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Shares">62545000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2020-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Shares">43458000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2019-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Shares">23836000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
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      contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">49328000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">20629000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement
      contextRef="From2020-01-012020-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">21066000</abev:NumberOfOtherNewEquityInstrumentsIntroducedInSharebasedPaymentArrangement>
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      contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">-12000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
    <ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted
      contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">-22000</ifrs-full:NumberOfInstrumentsOtherEquityInstrumentsGranted>
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      contextRef="From2022-01-012022-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">-3007000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
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      contextRef="From2021-01-012021-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">-1520000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
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      contextRef="From2020-01-012020-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Pure">-1444000</ifrs-full:NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2022-12-31_custom_RestrictedSharesMember"
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      unitRef="Shares">108854000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2021-12-31_custom_RestrictedSharesMember"
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      unitRef="Shares">62545000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1
      contextRef="AsOf2020-12-31_custom_RestrictedSharesMember"
      decimals="-3"
      unitRef="Shares">43458000</abev:NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement1>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="From2022-01-01to2022-12-31"
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      unitRef="BRL">311600000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="From2021-01-012021-12-31"
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      unitRef="BRL">391500000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">223100000</ifrs-full:ExpenseFromSharebasedPaymentTransactionsWithEmployees>
    <ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80C_eifrs-full--DisclosureOfTradeAndOtherPayablesExplanatory_zBgrcaxMblma" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;26.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_031"/&gt;&lt;span id="xdx_828_zdy0f7ip1Im1"&gt;TRADE PAYABLES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--DisclosureOfTheComponentsOfTradePayablesTextBlock_pn5n6_z6eAm0sa2e84" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE PAYABLES - Components of Trade Payables (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zhsuPspcQNL7" style="display: none"&gt;Schedule of trade payable&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20221231_zN4z5l3rNhs2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20211231_zwB1iAT8fOZ5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--NoncurrentPayablesToTradeSuppliers_iI_pn5n6_zdwHK1FVTVij" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;165.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;209.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--TradeAndOtherCurrentPayablesToRelatedParties_iI_pn5n6_zPWQmbNdwBsa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Related parties (Note 31)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;343.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;407.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--NoncurrentPayables_iTI_pn5n6_zyQ6orPGfQGd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;509.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;617.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--TradeAndOtherCurrentPayablesToTradeSuppliers_iI_pn5n6_zx3mZJ0mkz59" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;23,498.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;23,867.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--NoncurrentPayablesToRelatedParties_iI_pn5n6_z3vbxxzgNYDf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Related parties (Note 31)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;830.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,210.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--TradeAndOtherCurrentPayables_iTI_pn5n6_z5X4Ke6dfoYj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;24,328.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;25,077.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--TradeAndOtherPayables_iTI_pn5n6_zpSti1dLQsUj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;24,837.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;25,695.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A1_zuXcPTKRTAub" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company recognizes its third party and related party
vendor obligations in trade payables line. As mentioned in note 3 (u) &#x2013; &lt;i&gt;Summary of significant accounting policies, Trade Payables&lt;/i&gt;,
when relevant, vendor trade payables are adjusted at present value.&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Therefore, the present value adjustment recorded for trade
payables, at &lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;December 31, 2022 is R&lt;span id="xdx_908_ecustom--NominalContractualAmountsIncludingInterest_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradePayableMember_zxnAjf8kXpF7" title="Nominal contractual amounts, including interest"&gt;$367&lt;/span&gt; million (R&lt;span id="xdx_902_ecustom--NominalContractualAmountsIncludingInterest_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradePayableMember_zo9YXs8rsNc9" title="Nominal contractual amounts, including interest"&gt;$239&lt;/span&gt;
million at December 31, 2021).&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The controlled companies in Argentina, Chile, Paraguay
and Panama have transactions with discounted trade bills with endorsement (trade payables securitization) with vendors in the amount of
R$&lt;span id="xdx_904_ecustom--TradeAndOtherPayables1_iI_pn5n6_c20221231_zcneobM3u0Hd" title="Trade payable"&gt;219.3&lt;/span&gt; million at December 31, 2022 (R$&lt;span id="xdx_900_ecustom--TradeAndOtherPayables1_iI_pn5n6_c20211231_zVghA1ZOGOlh" title="Trade payable"&gt;370.0&lt;/span&gt; million at December 31, 2021). In general, the abovementioned discounted trade bills transactions
occur by legal impositions existing in these jurisdictions. These transactions maintain commercial characteristics since there are no
changes in previously established conditions and its vendor&#x2019;s choice to carry out the anticipation of its trade receivables with
the Company.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 10pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory>
    <abev:DisclosureOfTheComponentsOfTradePayablesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--DisclosureOfTheComponentsOfTradePayablesTextBlock_pn5n6_z6eAm0sa2e84" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - TRADE PAYABLES - Components of Trade Payables (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zhsuPspcQNL7" style="display: none"&gt;Schedule of trade payable&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_499_20221231_zN4z5l3rNhs2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20211231_zwB1iAT8fOZ5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 38%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--NoncurrentPayablesToTradeSuppliers_iI_pn5n6_zdwHK1FVTVij" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;165.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;209.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--TradeAndOtherCurrentPayablesToRelatedParties_iI_pn5n6_zPWQmbNdwBsa" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Related parties (Note 31)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;343.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;407.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--NoncurrentPayables_iTI_pn5n6_zyQ6orPGfQGd" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;509.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;617.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40C_eifrs-full--TradeAndOtherCurrentPayablesToTradeSuppliers_iI_pn5n6_zx3mZJ0mkz59" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;23,498.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;23,867.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_401_eifrs-full--NoncurrentPayablesToRelatedParties_iI_pn5n6_z3vbxxzgNYDf" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Related parties (Note 31)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;830.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,210.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_409_eifrs-full--TradeAndOtherCurrentPayables_iTI_pn5n6_z5X4Ke6dfoYj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;24,328.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;25,077.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--TradeAndOtherPayables_iTI_pn5n6_zpSti1dLQsUj" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;24,837.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;25,695.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfTheComponentsOfTradePayablesTextBlock>
    <ifrs-full:NoncurrentPayablesToTradeSuppliers contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">165800000</ifrs-full:NoncurrentPayablesToTradeSuppliers>
    <ifrs-full:NoncurrentPayablesToTradeSuppliers contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">209200000</ifrs-full:NoncurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">343600000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">407900000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
    <ifrs-full:NoncurrentPayables contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">509400000</ifrs-full:NoncurrentPayables>
    <ifrs-full:NoncurrentPayables contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">617100000</ifrs-full:NoncurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">23498100000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">23867200000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:NoncurrentPayablesToRelatedParties contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">830400000</ifrs-full:NoncurrentPayablesToRelatedParties>
    <ifrs-full:NoncurrentPayablesToRelatedParties contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1210700000</ifrs-full:NoncurrentPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">24328500000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherCurrentPayables contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">25077900000</ifrs-full:TradeAndOtherCurrentPayables>
    <ifrs-full:TradeAndOtherPayables contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">24837900000</ifrs-full:TradeAndOtherPayables>
    <ifrs-full:TradeAndOtherPayables contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">25695000000.0</ifrs-full:TradeAndOtherPayables>
    <abev:NominalContractualAmountsIncludingInterest
      contextRef="AsOf2022-12-31_custom_TradePayableMember"
      decimals="-5"
      unitRef="BRL">367000000</abev:NominalContractualAmountsIncludingInterest>
    <abev:NominalContractualAmountsIncludingInterest
      contextRef="AsOf2021-12-31_custom_TradePayableMember"
      decimals="-5"
      unitRef="BRL">239000000</abev:NominalContractualAmountsIncludingInterest>
    <abev:TradeAndOtherPayables1 contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">219300000</abev:TradeAndOtherPayables1>
    <abev:TradeAndOtherPayables1 contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">370000000.0</abev:TradeAndOtherPayables1>
    <ifrs-full:DisclosureOfProvisionsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_805_eifrs-full--DisclosureOfProvisionsExplanatory_zsenLJFHZwj9" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;27.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_032"/&gt;&lt;span id="xdx_82B_z4TWYPENF7G2"&gt;PROVISIONS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 9pt 0pt 0pt"&gt;&lt;b&gt;(a) Provision changes &lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfOtherProvisionsExplanatory_pn5n6_zMfN0vjayeYg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Changes in Provisions (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_z84DaxZRADf8"&gt;&lt;span id="xdx_8B4_zL3tROFJ75gd" style="display: none"&gt;Schedule of provision changes&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Effect of changes in foreign exchange rates&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Additions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions used&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions reversed&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Taxes on sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z1teOVTe343j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;184.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zJRLdHtQjOqj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl5817"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zTcR2lABsIz3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;198.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_znBSzA4bWhFd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(57.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zhuGtBDQxSU" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(106.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zu5zcxUUr3Bh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;218.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Labor&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z4vrWZlxhUa1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;129.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zBK08uys7P0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zyUe3wIkRXE2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;163.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zcODmZESftZa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(147.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zTvCo5aSwGha" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(20.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zzAbKH3DrY1k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;124.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Civil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ztb0sRp6n2Nl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;86.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ze7uUqdhLJ3l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zoGIxnF9jYk1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zk9YONbReiK3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(71.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zMQz1ocLvZW3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(33.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zw44N8MIA5Ui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z64MKRX9ijqc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;156.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zKZygkqr8Lo1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbJ5KbZyYqte" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbGdTQW5ZwHf" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zgrnpYjYtwqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z5Gy1NXIGJc6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;163.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zVK8J30aoTf4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;557.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zXK2vJVoHQqe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z1XStjzPm494" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;650.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7SU9vZ4xr7i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(281.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqKEykFerTJ1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(166.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z4OrQA0S8ih4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;758.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCPS4Ql6Vrd9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zs4IVzHIrcJ4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zbwq74fGfv4l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zB8VUtQvpTUd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ProvisionReversedOtherProvisions_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zJscW6BeBUb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCIlamX1l57" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total provisions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20201231_zJj2XI74zCB3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;572.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231_zjea5B3BmZ2i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231_ziR0jbFW4xdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;656.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231_z3U7clWd13xg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(286.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231_zJvhDVbXB3fh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(166.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231_zOPYCkpbP3I4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;776.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Effect of changes in foreign exchange rates&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Additions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions used&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions reversed&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Taxes on sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z2wg42H98KTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;218.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zk7BrcLHdmJa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl5901"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zH2pRft9xMnk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;157.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zt8iNjUrPf23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(85.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zIK6Kc3xKLAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(43.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zERTcUTvgwN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;247.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Labor&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zLfsSWLHIL5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;124.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z1XJhBy5UJBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zm3nTF3gE7h8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;194.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zgBl7pMBnfQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(162.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zOUTjLFDfbX3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(19.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zuKWldIFg9Gk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;132.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Civil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDji3vjPTCS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zt33aeYx9Qo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(17.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDXq4kUTLdX4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;312.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zJmBHqajpkNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(196.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zAReOJGsSB9h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(15.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zuKyrN0kQ45a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;335.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zOZYYckCqgWi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;163.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z2DJV6yvpag6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(8.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z6WDOH8f9SO" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;60.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z4IJ6vNAqgeg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zjwHzulrdWK3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(15.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zl92MXPro4ni" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;192.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7usezmWIRr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;758.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zfvI0tbFbtS4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(30.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqWQb2wXUDXk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;724.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zQJxGrai3Zs5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(451.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zAcM7I2ITth3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(93.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zLbD5amy6Cg7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;907.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z1gSGVk5BeDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrTHSIsUUPb4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z7KRyexYDLo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl5963"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zrEorFTmd0X9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z3KGcFoTDLC3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl5967"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z8HiIo7ksWm" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total provisions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231_zyCpc8Tuqy3a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;776.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231_zMtuGd9pNhga" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(32.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231_zp9aKeFBjLQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;724.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231_zok5AXTPJVti" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(455.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231_zAe2GtRiUP2b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(93.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231_zKBOnsBw72kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;919.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A7_zVNBSVZPuEwh" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;




&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Expected settlement&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock_pn5n6_z3VKcKJ7Q1t7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Disbursement Expectative (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_z2mfOLGVyAxb" style="display: none"&gt;Schedule of expected settlement&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 41%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Taxes on sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_z2PWFjk7vIKd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;193.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zFJSW7nZUQk2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;53.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zYTgxSFdjExl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;163.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRGnQanb2571" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;55.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Labor&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zIHkG04SnWt3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;104.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_ziGgrdyY9Hs2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;27.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zQEuno6I9Urd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;96.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zrYUhO3dN9ui" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;28.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Civil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zz95OkhP7qif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;263.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAI2SZacWLp6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;72.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zSG5SuuM9sI8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;194.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zLz9iYwu0bz7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;58.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_z6RQAyHD3wQh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;170.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zKkUgs8Byyl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;22.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zGNPc21Jzyud" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;142.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zQIC4I6qNlrb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;20.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_z3eY3WE4C7q8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;731.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zfCECtI8wKx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;176.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zF6y3M2gDIV4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;595.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zSVQounXZxsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;163.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zs5Vd2ahi9Z7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;7.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zd8eWzZ1KCak" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zaTqIFMYa3w1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;8.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zfjo3EzZdAIh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;9.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total provisions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zzSrIH8BEORj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;739.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z1Cz5BDcWRr2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;180.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zScm6D7bdof1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;603.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z9jviCqcrG3a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;172.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AE_zUMvzMQdw09e" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The expected settlement of provisions was based
on management&#x2019;s best estimate at the balance sheet date.&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 18pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Main lawsuits with a probable likelihood of loss:&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(c.1) Sales taxes&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In Brazil, the Company and its subsidiaries are parties
to various administrative and judicial proceedings related to ICMS, IPI, PIS and COFINS taxes, considered as probable likelihood of loss.
Such proceedings include, among others, tax offsetting, appropriation of tax credits and alleged insufficient payment of the respective
taxes.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(c.2) Labor&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries are parties to labor
proceedings with former employees or former employees of service providers. The main issues involve overtime and related effects and respective
charges.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(c.3) Civil&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries are involved in civil
lawsuits considered as representing a probable likelihood of loss. The most relevant portion of these lawsuits refers to former distributors,
mainly in Brazil, mostly claiming damages resulting from the termination of their contracts.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The processes representing possible probabilities are disclosed
in Note 30 &lt;i&gt;- &lt;span style="color: black"&gt;Contingencies&lt;/span&gt;&lt;/i&gt;.&lt;/p&gt;








</ifrs-full:DisclosureOfProvisionsExplanatory>
    <ifrs-full:DisclosureOfOtherProvisionsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfOtherProvisionsExplanatory_pn5n6_zMfN0vjayeYg" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - PROVISIONS - Changes in Provisions (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_z84DaxZRADf8"&gt;&lt;span id="xdx_8B4_zL3tROFJ75gd" style="display: none"&gt;Schedule of provision changes&lt;/span&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Effect of changes in foreign exchange rates&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Additions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions used&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions reversed&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Taxes on sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z1teOVTe343j" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;184.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zJRLdHtQjOqj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl5817"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zTcR2lABsIz3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;198.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_znBSzA4bWhFd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(57.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zhuGtBDQxSU" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(106.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zu5zcxUUr3Bh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;218.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Labor&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z4vrWZlxhUa1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;129.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zBK08uys7P0c" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zyUe3wIkRXE2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;163.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zcODmZESftZa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(147.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zTvCo5aSwGha" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(20.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zzAbKH3DrY1k" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;124.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Civil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ztb0sRp6n2Nl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;86.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_ze7uUqdhLJ3l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zoGIxnF9jYk1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zk9YONbReiK3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(71.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zMQz1ocLvZW3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(33.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zw44N8MIA5Ui" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z64MKRX9ijqc" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;156.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zKZygkqr8Lo1" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbJ5KbZyYqte" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zbGdTQW5ZwHf" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zgrnpYjYtwqh" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z5Gy1NXIGJc6" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;163.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zVK8J30aoTf4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;557.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zXK2vJVoHQqe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z1XStjzPm494" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;650.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7SU9vZ4xr7i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(281.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqKEykFerTJ1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(166.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z4OrQA0S8ih4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;758.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20201231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCPS4Ql6Vrd9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zs4IVzHIrcJ4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zbwq74fGfv4l" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zB8VUtQvpTUd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ProvisionReversedOtherProvisions_pn5n6_d0_c20210101__20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zJscW6BeBUb2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_zCIlamX1l57" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total provisions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20201231_zJj2XI74zCB3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;572.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20210101__20211231_zjea5B3BmZ2i" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20210101__20211231_ziR0jbFW4xdh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;656.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20210101__20211231_z3U7clWd13xg" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(286.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20210101__20211231_zJvhDVbXB3fh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(166.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231_zOPYCkpbP3I4" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;776.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Effect of changes in foreign exchange rates&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Additions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions used&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provisions reversed&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Balance as of December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Taxes on sales&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_z2wg42H98KTj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;218.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zk7BrcLHdmJa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl5901"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zH2pRft9xMnk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;157.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zt8iNjUrPf23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(85.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zIK6Kc3xKLAd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(43.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember_zERTcUTvgwN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;247.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Labor&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zLfsSWLHIL5d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;124.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_z1XJhBy5UJBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zm3nTF3gE7h8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;194.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zgBl7pMBnfQl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(162.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zOUTjLFDfbX3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(19.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember_zuKWldIFg9Gk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;132.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Civil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDji3vjPTCS7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;252.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zt33aeYx9Qo8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(17.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zDXq4kUTLdX4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;312.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zJmBHqajpkNf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(196.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zAReOJGsSB9h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(15.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zuKyrN0kQ45a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;335.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zOZYYckCqgWi" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;163.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z2DJV6yvpag6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(8.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z6WDOH8f9SO" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;60.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_z4IJ6vNAqgeg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zjwHzulrdWK3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(15.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember_zl92MXPro4ni" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;192.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_z7usezmWIRr7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;758.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zfvI0tbFbtS4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Effect of changes in foreign"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(30.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--AdditionalProvisionsOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zqWQb2wXUDXk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Additions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;724.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ProvisionUsedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zQJxGrai3Zs5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions used"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(451.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ProvisionReversedOtherProvisions_pn5n6_c20220101__20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zAcM7I2ITth3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions reversed"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(93.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember_zLbD5amy6Cg7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;907.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="7" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember_z1gSGVk5BeDj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.4&#160;&lt;/span&gt;&lt;/td&gt;
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  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B7_z2mfOLGVyAxb" style="display: none"&gt;Schedule of expected settlement&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 41%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Taxes on sales&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zFJSW7nZUQk2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;53.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zYTgxSFdjExl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;163.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForTaxesOtherThanIncomeTaxMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRGnQanb2571" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;55.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Labor&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zIHkG04SnWt3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;104.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_ziGgrdyY9Hs2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;27.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zQEuno6I9Urd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;96.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionsForLaborMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zrYUhO3dN9ui" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;28.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Civil&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zz95OkhP7qif" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;263.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAI2SZacWLp6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;72.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zSG5SuuM9sI8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;194.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zLz9iYwu0bz7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;58.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_z6RQAyHD3wQh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;170.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zKkUgs8Byyl" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;22.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zGNPc21Jzyud" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;142.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--MiscellaneousOtherProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zQIC4I6qNlrb" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;20.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total provision for disputes and litigation&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_z3eY3WE4C7q8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;731.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zfCECtI8wKx3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;176.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zF6y3M2gDIV4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;595.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__custom--TotalContingentProvisionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zSVQounXZxsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;163.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Restructuring&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zs5Vd2ahi9Z7" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;7.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zd8eWzZ1KCak" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;4.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zaTqIFMYa3w1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;8.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--RestructuringProvisionMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zfjo3EzZdAIh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;9.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total provisions&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zzSrIH8BEORj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;739.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zScm6D7bdof1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;603.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z9jviCqcrG3a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Provisions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;172.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfTheDisbursementExpectativeOfTheProvisionsTextBlock>
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      contextRef="AsOf2022-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_ifrs-full_LaterThanOneYearMember"
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      unitRef="BRL">193800000</ifrs-full:Provisions>
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      unitRef="BRL">53300000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_ifrs-full_LaterThanOneYearMember"
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      unitRef="BRL">163200000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_ifrs-full_NotLaterThanOneYearMember"
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      contextRef="AsOf2022-12-31_custom_ProvisionsForLaborMember_ifrs-full_LaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">104900000</ifrs-full:Provisions>
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      decimals="-5"
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      contextRef="AsOf2021-12-31_custom_ProvisionsForLaborMember_ifrs-full_LaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">96200000</ifrs-full:Provisions>
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      decimals="-5"
      unitRef="BRL">28000000.0</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_LegalProceedingsProvisionMember_ifrs-full_LaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">263000000.0</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_LegalProceedingsProvisionMember_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">72900000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsProvisionMember_ifrs-full_LaterThanOneYearMember"
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      unitRef="BRL">194100000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_LegalProceedingsProvisionMember_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">58800000</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_MiscellaneousOtherProvisionsMember_ifrs-full_LaterThanOneYearMember"
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      unitRef="BRL">170100000</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_MiscellaneousOtherProvisionsMember_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">22700000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_MiscellaneousOtherProvisionsMember_ifrs-full_LaterThanOneYearMember"
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      unitRef="BRL">142100000</ifrs-full:Provisions>
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      unitRef="BRL">20900000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_custom_TotalContingentProvisionsMember_ifrs-full_LaterThanOneYearMember"
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      unitRef="BRL">163100000</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_RestructuringProvisionMember_ifrs-full_LaterThanOneYearMember"
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      unitRef="BRL">7200000</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_RestructuringProvisionMember_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">4600000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_RestructuringProvisionMember_ifrs-full_LaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">8200000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_RestructuringProvisionMember_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">9200000</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">739000000.0</ifrs-full:Provisions>
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      contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">180700000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">603800000</ifrs-full:Provisions>
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      contextRef="AsOf2021-12-31_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">172300000</ifrs-full:Provisions>
    <ifrs-full:DisclosureOfFinancialInstrumentsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_807_eifrs-full--DisclosureOfFinancialInstrumentsExplanatory_zY22KWNWtxh9" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/115% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;28.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_033"/&gt;&lt;span id="xdx_82E_zu4uHX5PusUh"&gt;FINANCIAL INSTRUMENTS AND RISKS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Risk factors&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company is exposed to foreign currency, interest
rate, commodity price, liquidity and credit risk in the ordinary course of its business. The Company analyzes each of these risks both
individually and on a consolidated basis, to define strategies to manage the economic impact on risk&#x2019;s performance consistent with
its Financial Risk Management Policy (the &#x201c;Policy&#x201d;).&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company&#x2019;s use of derivatives strictly follows
the Financial Risk Management Policy approved by the Board of Directors. The policy is intended to provide guidelines for the management
of the financial risks inherent to the capital markets in which Ambev operates. The policy includes four main aspects: (i) capital structure;
financing and liquidity; (ii) transactional risks related to the business; (iii) financial statement translation risk; and (iv) credit
risks of financial counterparties.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The policy establishes that all the financial assets
and liabilities in each country in which Ambev operates must be denominated in their respective local currencies. The policy also sets
out the procedures and controls required to identify, measure and minimize market risks, such as variations in foreign exchange rates,
interest rates and commodities (mainly aluminum, wheat, corn and sugar) that may affect Ambev&#x2019;s revenue, costs and/or investment
amounts. The policy states that all of the known risks (e.g. foreign currency and interest) shall be hedged by contracting derivative
financial instruments. Existing risks which are not yet recorded (e.g. future contracts for the purchase of raw materials or property,
plant and equipment) shall be mitigated using projections for the period required for the Company to adapt to the new costs scenario,
which may vary from ten to fourteen months, also through the use of derivative financial instruments. Most translation risks are not hedged.
The exceptions to the policy must be approved by the Operations and Finance Committee (&#x201c;COF&#x201d; &#x2013; previously addressed
by Operations, Finance and Compensation Committee, changed, and approved by the Board of Directors at a meeting on October 14, 2022).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Derivative financial instruments&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The derivative financial instruments authorized under
the Financial Risk Management Policy include futures contracts traded on exchanges, full deliverable forwards, non-deliverable forwards,
swaps and options. At December 31, 2022, the Company and its subsidiaries had no target forwards, swaps with currency verification, or
any other derivative transactions representing a risk level above the nominal value of the contracts. The derivative operations are managed
on a consolidated basis and classified based on the strategy according to their purposes, as follows:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;i) Cash flow hedge derivative instruments - Highly probable
forecast transactions contracted to minimize the Company's exposure to fluctuations in exchange rates and the prices of raw materials,
investments, equipment and services to be procured, protected by cash flow hedges that shall occur at various different dates over the
next fourteen months. Gains and losses classified as hedging reserves in equity are recognized in the income statement in the period or
periods during which the forecast and hedged transaction affects the income statement.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;ii) Fair value hedge derivative instruments - operations contracted
for the purpose of mitigating the Company&#x2019;s net indebtedness against foreign exchange and interest rate risk. Net cash positions
and foreign currency debts are continually assessed to identify new indications of exposure.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The results of these operations, measured according to their
fair value, are recognized in financial results.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;iii) Net investment hedge derivative instruments - transactions
entered into to minimize the exposure to exchange differences arising from the conversion of net investments in the Company's subsidiaries
located abroad for the purpose of translating the account balance. The effective portion of the hedge is allocated to equity, while the
ineffective portion is recorded directly in the financial income statement when identified.&lt;/p&gt;

&lt;p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In accordance with the hedge accounting, the effective hedge
amount is recorded in equity and, in the event of an ineffective portion this result is recorded immediately in finance result during
the period ineffectiveness was identified, for cash flow hedge and net investment hedge.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The following tables summarize the exposure identified and
protected in accordance with the Company's Risk Policy.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Non-derivative financial instruments&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Put options granted on subsidiaries: the Company constituted
a liability related to the acquisition of a non-controlling interest of the operations in the Dominican Republic. This financial instrument
is denominated in US Dollars (Tranche A) and Dominican Pesos (Tranche B) and is recorded by an entity, whose functional currency is the
Real. The&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Company assigned this financial instrument as a hedging instrument
for a portion of its net assets located in subsidiaries whose functional currency is the US Dollar and the Dominican Peso, in such a manner
that the hedge result can be recorded in other comprehensive income of the group, following the result of the hedged item.&lt;/p&gt;




&lt;p style="font: 9pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Transactions protected by derivative financial instruments in accordance with
the Financial Risk Management Policy&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 9pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_pn5n6_zFWPhtyaaLZe" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Transactions Protected by Derivative Financial Instruments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B7_z9nDk3fXWtJd" style="display: none"&gt;Schedule of financial risk management&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="11" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Gain / (Losses)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Notional&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liability&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Finance Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Operational Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Equity&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTNSAsZgSmQa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;19,853.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zGqDtANyhjpj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;271.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z4JvA08YdtZ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(719.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z0mHP9NEeR2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,075.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zbhTDq9UGsr8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;452.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z7bzMvTrIGGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;134.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Commodities&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zDcWPpIwGuJc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,809.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z8JQukPEqAjh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;100.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zgUuxo2Z8xZg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(376.0)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwJF5Z8DwUrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;63.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zxWllh6K1aB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(32.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zmcb4TRe1lwf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(475.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWoyWQ52Ydo2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z9FPgCOemcsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;157.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zM5sgOCNQ9C4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(342.9)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zUAH07dpF6hd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,139.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zhHGfQaxb6Tg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;477.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zrGRKk2F10jg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;596.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zg8EMKfSdax6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOGjj2DpLD1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zVpHOZQzPe1f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6086"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKyrWYBPOIKa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zrbCRnyPCxq6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.3)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkrDzuMFQx96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Mexican Pesos&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zl1dzZg9BzT9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmhgm59fctZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zgdBXbhfHtid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zWqd0NiWW1B8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zGLmhqNbfGgi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;8.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zxkWsAGkgeii" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_z3GM9hfrUhfa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zONCWsN38yZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZ5CZ06oeCua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zps65X4oZPS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWK5dVtFvJ8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zGhRfBWYwue9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(13.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zWJMAK9yQ8O4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zjjBvLFi3WEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZBYOZEEG2xc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zVbihOlny676" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zgFaZOkLZYU6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZaXnsGh9Vx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(13.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zX0Lb8ODCXL1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zpGg9DwKd7xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1V3ROCci8x6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.6)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoqmEaKPVEn4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(42.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1IBhsJ0wR8b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zA9UoXzIup0j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(14.8)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zyeFQE2q0EQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zhd2OnGsiJQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zEZciaYhfJN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQHb15Ltx5ua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(42.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPe9z8gYeiMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zA1nboIyxcW6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(14.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cash&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CashUMember_zDjdmfZCJoLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(17.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsCashMember_za20zPz3TNU4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(17.1)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;As at December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zUJzaunwqGi3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,285.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z0t72ZXv6vjd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;273.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zbkx19jPkCdc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(729.4)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;- &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zRDyTTvzVyBd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,140.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zljD8mCBa9wc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;466.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z3JWiPTAlkq9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;106.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;







&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Gain / (Losses)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Notional&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liability&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Finance Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Operational Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Equity&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z3SjBbQpmCJe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;18,911.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zsHmeoIvkKhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;597.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zlbW3C2C97tl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(421.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zAfiNvS290dj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,113.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z6Moz0GIWRVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,710.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zx3C1dSUpiQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,277.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Commodities&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zOcXzELfWOY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,179.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_znzb8CiUciy2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;455.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zojTE3C0NGA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(41.2)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zzItRoPaQtf4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(126.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z3fhcyYHTt01" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,168.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zc5Q86g0jU52" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;684.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOO7rZsqGff2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,516.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_znOYPTVyIC6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zS649DEPx0t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(378.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zMZ0dZsxwXG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,970.7)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zPPFOnBm8eb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;541.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zTe3AqA6r0K" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,792.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOcgjDYkEL4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;31.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zhC3bWBg58Vl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6208"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zHLbobc7lSBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zqHT5uM9Xslf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zCpmwe5l7Otj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTHIJviaObsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.9)&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Mexican Pesos&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z48ssLMLnBM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;183.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zeak9OtzPqSl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z4BXJflsuSB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zskGRKBwq5Q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(15.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zkDPLoxQF36j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze3nZTmxwzSb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(198.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_ziMgSl3R1Ysj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,111.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zYgFndU1rzC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZIRZsFZewM1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(53.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zx8bOXkw3JM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(368.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zcI5Of0qdQD1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;105.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zjkT8K9FCxS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;103.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zXqw3vvFWOea" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,111.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zsWdB6SbOKhe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zX1dxhJUAXk6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(53.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMl33Be1rFRk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(368.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMzpGEoHkxG4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;105.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_za52xBbtJ142" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;103.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zIlc50YrVYeh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;365.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYCXdNtyEaAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8xdxwaSOOac" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(18.1)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zxQOOmbhP48h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(124.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z026n1HTnO7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;36.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zG3MXB9jIcql" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;192.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zaMNnZCAszG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;365.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zldAr89unauj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zNQWDiJeSxgd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(18.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zdt577QmvTM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(124.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z4XL9mXQ68N9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;36.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zO9o5iunVaE7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;192.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Equity Instrument&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalEquityExposureMember_zYXlyA2Z070a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;78.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Stock exchange prices&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--StockExchangePricesRiskPortionOfEquityExposureMember_zF5Nec2Rols1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;As at December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zsu1OzcQHQHd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,388.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zkDuEe5ADRPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;599.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zxAWRlmkBIF4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(492.5)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zcBZJq4lwWS3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,528.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zhhT6KGC6I3b" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,852.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zZqif8itRoY1" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,573.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AD_zK5Fkj9Dg9mb" style="font: 9pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;





&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 7.1pt"/&gt;&lt;td style="width: 14.2pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;I.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Market risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;a.1) Foreign currency risk&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company is exposed to foreign currency risk on borrowings,
investments, purchases, dividends and/or interest expenses/income where these are denominated in a currency other than the functional
currency of the subsidiary. The main derivative financial instruments used to manage foreign currency risk are futures contracts, swaps,
options, non-deliverable forwards and full deliverable forwards.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;a.2) Commodity Risk&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;A significant portion of the Company&#x2019;s inputs
is made up of commodities, which have historically experienced substantial price fluctuations. The Company therefore uses both fixed-price
purchasing contracts and derivative financial instruments to minimize its exposure to volatility in the commodity prices of aluminum,
sugar, wheat, corn and paraxylene. These derivative financial instruments have been designated as cash flow hedges.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;a.3) Interest rate risk&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company applies a dynamic interest rate hedging approach,
whereby the target mix between fixed and floating rate debt is reviewed periodically. The purpose of the Company&#x2019;s policy is to
achieve an optimal balance between the cost of funding and the volatility of financial results, considering market conditions, as well
as the Company&#x2019;s overall business strategy, which is reviewed periodically.&lt;/p&gt;

&lt;p style="font: 10pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The table below demonstrates the Company and its subsidiaries
are exposure related to debts. In 2022, the Company and its subsidiaries do not hold hedge positions to the exposure described below:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_pn5n6_zWaL2QIvZK04" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Interest Rate Hedging (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zWxEX6Ykk3o8" style="display: none"&gt;Schedule of detailed information about hedging instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Interest rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Amount&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zFszv0a8q1a6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;8.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zqwgVRoSFz9b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;230.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Post fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zIuNNAsTzc41" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;230.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zksscSafiYBe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;8.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z4imQUpwgmf7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,602.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Working Capital in Argentinean Peso&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zdtN3tZ26B2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;73.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_z4XQpkT7xIK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;74.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zGJZGu9DUzZ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;10.4%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_ze9tI0gXPB6i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;421.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zvI5HrFNB62a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;14.0%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zulFw2g0Tdhd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canadian Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_z7thYLiU5EWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.3%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zvlTBLZtFIDj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;511.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Pre-fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zZRqbJYgIFBi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,614.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;





&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Interest rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Amount&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zGhgm9vfBUEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;11.6%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z1pqGiu5Uhx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;83.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Post fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zhiiAQ4mZHVf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;83.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zWRiaSpgu5si" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;7.2%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zxm7NFX3LTL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,343.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Working capital in Argentinean Peso&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zsOacJyfumU" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;34.7%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zVuQ6mGCvoQ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;30.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zIJtNATAjqe1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;11.3%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_z7YB9U37X5G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zVW1rDQfXHN3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;13.1%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zpULB6g95raj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canadian Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zI25FGC907l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zcenJrZv39f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;430.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Pre-fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zHToAdBdptK8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,048.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AA_z9MhqIpWhCVe" style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Sensitivity analysis&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company substantially mitigates the risks arising from
non-derivative financial assets and liabilities, through the use of derivative financial instruments. In this context, the Company has
identified the main risk factors that could generate losses from these derivative financial instruments, and has developed a sensitivity
analysis based on three scenarios, which may impact the Company&#x2019;s future results and/or cash flow, as described below:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;1 - Probable scenario: Management&#x2019;s expectations
regarding the deterioration of each transaction&#x2019;s main risk factor. To measure the possible effects on the results of derivative
transactions, the Company uses the parametric Value at Risk (&#x201c;VaR&#x201d;), a statistical measure developed based on estimates of
standard deviation and correlation between the returns of several risk factors. This model gives the loss limit expected for an asset
over a certain time period and confidence interval. Under this methodology, the potential exposure of each financial instrument, a range
of &lt;span id="xdx_90B_ecustom--ValueAtRiskExposureProbable_pip0_dp_c20220101__20221231_zbbtcI08g9c" title="Value at risk exposure, probable"&gt;95&lt;/span&gt;% and a horizon of 21 days from December 31, 2022 were used for the calculation, which are presented in the model.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;2 - Adverse scenario: &lt;span id="xdx_90C_ecustom--ValueAtRiskAdverseScenarioDeteriorationPercentage_pip0_dp_c20220101__20221231_ztJpCAJqO2ul" title="Value at risk, adverse scenario, deterioration percentage"&gt;25&lt;/span&gt;% deterioration in each transaction&#x2019;s main risk factor
compared to the level observed as at December 31, 2022.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;3 - Remote scenario: &lt;span id="xdx_909_ecustom--ValueAtRiskRemoteScenarioDeteriorationPercentage_pip0_dp_c20220101__20221231_znsK3mO4m5Qe" title="Value at risk, remote scenario, deterioration percentage"&gt;50&lt;/span&gt;% deterioration in each transaction&#x2019;s
main risk factor compared to the level observed as at December 31, 2022.&lt;/p&gt;





&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--SensitivityAnalysisForEachTypeOfMarketRisk_pn5n6_zph71ClX422c" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Sensitivity Analysis of Financial Instruments (Details)"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zrC02Dg0EXa2" style="display: none"&gt;Schedule of types of market risk&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Transaction&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Probable scenario&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Adverse scenario&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Remote&lt;br/&gt;
scenario&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Commodities hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Decrease in commodities price&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(275.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(466.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,477.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,680.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Input purchases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;275.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;466.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,477.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,680.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Foreign exchange hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Foreign currency decrease&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(172.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(425.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,933.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7,694.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Input purchases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;172.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;425.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,933.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,694.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost effects&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zw8lfcAvmzX2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zimjy8paudX" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTmSDi8ZgTE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8lWUcx8ufbi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Foreign exchange hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Foreign currency decrease&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(60.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(117.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capex Purchases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;60.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;117.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed asset effects&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zD0P4HLcOlm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedges and transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6416"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zzfj2t5Mp15g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6418"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zJ2iecuMD7xa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6420"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zo4b252fzKCb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6422"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Foreign exchange hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Foreign currency decrease&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(55.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(106.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;55.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;106.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expense effects&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8Lk0ibciT69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6440"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8KeAo9w9Nxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6442"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zDdcNC2ZHI84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6444"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_pn6n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6446"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;As at December 31, 2022 the Notional and Fair Value amounts per instrument
and maturity were as follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock_pn5n6_z8kcvW8iaGcc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B2_zz0B17u5Kh8l" style="display: none"&gt;Schedule of Notional and fair value amounts per instrument
and maturity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Notional Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2024&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2025&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&amp;gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zoUjWfmnTznd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;19,758.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zahlH2hygby5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;95.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zQzqTVZ9tV0k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6454"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zRppBvwwZnQ9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6456"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z5YnQ3j17wLg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6458"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zF7xAiOx8mb6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;19,853.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Commodities&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zCFykrVkJ84a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,714.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zaUI9wGC5NOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;95.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zyWDwhwGYF1a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6466"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z5SFk7cOGDR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6468"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zEUXR9sr0rDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6470"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuGOmLnW4Hk9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,809.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zFj000DbuaDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWbJRNOVUCu3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6476"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziApHL8rWbke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6478"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zeXk2JmChcG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6480"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zB1xTmdqvdKb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6482"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4PW1SdNJsC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zZmsTb0LRRC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zvXvsnZr95ag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6488"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_z6yHibdHBGtc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6490"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zIrXqFISX6m1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6492"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zRIW6xDpLVc6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6494"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zEIxcmo8ooZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Mexican Pesos&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z2FF0c2Lr2R9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zVlKKntcRAb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6500"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zV3XMFqDg4Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6502"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zof9FbNE0OU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6504"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zP7q3s66dfL6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6506"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zaiqOM0yQ45l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zK6pyjN4Ytne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zORqAaj7OtLb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6512"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zLgO2Q1ybDZc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6514"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhlxcbt6nTIk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6516"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWsyx9zAGvrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6518"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zqu5EaGUOeHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zcvXlJXmjuZ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_z1aWhC7fA576" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6524"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zC6vOXl4wNhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6526"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zB8Nw3M8zXp5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6528"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zhqWPrqCCJBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6530"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zHwefR5GwVd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYUKFQ0qiB1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zwSCTiNOILa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6536"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zyB9CJYQW0wh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6538"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zcPDaZFWt0Xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6540"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zqd2cQgfUcF3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6542"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z4ZqZybFL298" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zel6VzgsoKp" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPeSiFz80sr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6548"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQCrvOQvoDP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6550"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z03q2ewHZpS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6552"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zmRDBmxRzU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6554"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuoCc6pxjUlk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zHsc0GN9uGqb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,189.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zKfqLtZXgLr5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;95.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zAsoEtJuy9Ka" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6562"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zDKeESQAViT" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6564"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zy1Vf0FUTS71" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6566"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zb6cpFQupLAf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,285.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2024&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2025&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&amp;gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Costs&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDn1omh75Rc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(449.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDZlp09Okdu5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8ea7hqw9493" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6574"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zPqzoHA3Kz98" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6576"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zgAdugmLdDcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6578"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zOpI7YydsYxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(447.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Commodities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_ziJD80f9Zpp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(276.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVSP6MnBru26" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zD8pPCT9eyDe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6586"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwGRQ9D0XeP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6588"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVuU1w6e7TIh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6590"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuqwcjoVKdK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(275.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zQd0S1GVqTod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(185.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zfxRdAE8kPgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6596"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOBsy8DpWAY1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6598"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziWw3lgTxC5j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6600"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4ao1Ktzr3ud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6602"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zKtFgYctEibd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(185.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTUUjhVIYMn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zG6ujqeqdy9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6608"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKONNbS0UKv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6610"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zBBmL05POU93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6612"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zL3792DDwsYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6614"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zWt2ibBFN9Kh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Mexican Pesos&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z9FTfzniAIc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze6Bj3lp1mU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6620"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zfwz20lTDnd2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6622"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmK5PRIaIEWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6624"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zd4LYVMjTV77" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6626"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zG8s6dZTXGd9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zkh45Qm9MYP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zsOMQ3iDaV2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6632"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zrctLzvSJTa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6634"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhbnOuN3wArg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6636"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zvk1CC67HDWi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6638"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zVwJi9sq7cAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlvJ2RQkSwd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zaMuhKUOVO7f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6644"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlzhdOvqmcRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6646"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zpkxIlopQdl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6648"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zxqMyZ4C8wde" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6650"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zFIFucuZPW84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoMLKtEJ4942" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zJpQ5RgFkzt4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6656"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zgAAYmso0EU7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6658"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYKTwcJoCIL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6660"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zFz7FwEStwK5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6662"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zR4f8zY1sOxl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zXLceOAvD9f2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zT8dgNviJtja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6668"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zWXCzplnzl62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6670"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zELiGMiIB4fl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6672"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuniDPiV9jih" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6674"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zd8q4jioJ7qg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_ztq39ekB8FEf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(457.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zNQylyRLMEol" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zSS0svek7aT5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6682"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zwJ20GxJq9yj" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6684"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zs2o28qlcO73" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6686"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zmKhnyqnX7C9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(455.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

&lt;p id="xdx_8A0_zLnAg9eGgcl4" style="margin-top: 0; margin-bottom: 0"&gt;&#160;&lt;/p&gt;




&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 14.2pt"/&gt;&lt;td style="width: 7.1pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;II.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Credit Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;Concentration of counterparty credit risk&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;A substantial portion of the Company&#x2019;s sales
is made to distributors, supermarkets and retailers, through a broad distribution network. Credit risk is reduced due to the large number
of customers and control procedures used to monitor risk. Historically, the Company has not incurred significant losses on receivables
from customers.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&lt;i&gt;Concentration of counterparty credit risk &lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In order to minimize the credit risk of its investments,
the Company has adopted procedures for the allocation of cash and investments, taking into consideration the credit limits and credit
analysis of financial institutions, avoiding credit concentration, i.e. the credit risk is monitored and minimized by restricting negotiations
to a select group of highly rated counterparties.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The selection process for financial institutions authorized
to operate as counterparties of the Company is set forth in the Credit Risk Policy, which also establishes exposure limits for each counterparty
based on each counterparty's risk rating and capitalization.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Any deposits or cash available, must be kept in
accounts with top tier banks, or banks with a high credit rating in the respective country. Any position of a short-term nature (less
than six months) should be considered as a deposit or cash.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Counterparty risk must be managed by the Company
globally, with product limits established by the treasury area, considering: (i) the counterparty&#x2019;s credit rating (ii) the transaction
term (iii) the amount; and (iv) the split between assets and liabilities, in the absence of a clearing clause in derivative contracts.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The counterparty risk is reassessed on a quarterly
basis.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The carrying amounts of cash and cash equivalents, investment
securities, trade receivables excluding prepaid expenses, recoverable taxes and derivative financial instruments are disclosed net of
provisions for impairment, and represent the maximum exposure to credit risk as at December 31, 2022. As at December 31, 2022, there was
no concentration of credit risk on any counterparties in excess of the limits established by the Company's risk policy.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 14.2pt"/&gt;&lt;td style="width: 7.1pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;III.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Liquidity Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Historically, the Company&#x2019;s primary sources of
cash flow have been cash flow from operating activities, the issuance of debt, bank borrowings and equity securities. Ambev&#x2019;s material
cash requirements have included the following:&lt;/p&gt;

&lt;p style="font: 6pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-family: Symbol; font-size: 10pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Debt servicing;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;





&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-family: Symbol; font-size: 10pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Capital expenditure;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-family: Symbol; font-size: 10pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Investments in companies;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;table cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-top: 0; margin-bottom: 6pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-family: Symbol; font-size: 10pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Increases in the ownership of Ambev&#x2019;s
subsidiaries or companies in which it holds equity investments;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-family: Symbol; font-size: 10pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Share buyback programs; and&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt Arial,sans-serif; width: 100%; margin-bottom: 6pt"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-family: Symbol; font-size: 10pt"&gt;&#xb7;&lt;/span&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt"&gt;Payments of dividends and interest on shareholders&#x2019; equity.&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company believes that cash flows from operating activities,
cash and cash equivalents and short-term investments, together with derivatives and access to loan facilities are sufficient to finance
capital expenditures, financial liabilities and dividend payments in the future.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfTermsAndDebtRepaymentsTextBlock_pn5n6_zWrvsWJfNMA8" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Terms and Debt Repayment Schedule (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BF_zDo4dLM9vlUc" style="display: none"&gt;Schedule of terms and debt repayments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Contractual cash flows&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Less than 1 year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;1-2 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2-3 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;3-5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;More than 5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade and other payables (i)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zHi2LI128CZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;39,354.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_z6u81wpeneT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;40,656.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zXSY5xvvMwb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;36,818.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zh8Ep2fhzcy4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;86.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_zNuWB6zIWOpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,275.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zIeNVetbubRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,008.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zh8p10cjnXu9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,467.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zHxaTnqKF2jj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;180.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zkFGjD60vIvf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;245.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z6dT64d0DaW4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;68.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zrrvEr2hTpN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z1hGy2pEPsVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;25.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zar2ah2BJPG6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zT6pMEp7mhyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;75.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zYHjJDwaujAl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;472.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zVPrXnO3OMag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;759.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAhUYsWran19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;169.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zDyClbGcv7t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;156.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zHRKnhyRTnk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;151.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zE80EXEsvowe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;165.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zyKQRisdPBzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;115.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Lease liabilities&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_ziJK9Z5sKyZ2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,117.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zWPWHERh6rfh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,657.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRe96PFjya74" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;962.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zBY3VDBtXyah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,008.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zONBn5SfADq2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;621.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zK7pklR5Kcu" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;696.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z4MuaeS45Ioa" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;368.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20221231_z8IrAMxnblEb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;43,125.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231_ztUQ8ApoT8Kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;45,318.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRKTPhZHeaIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;38,019.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zLasnJBeNpGh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,278.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_ztVeJFixL5Jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,072.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zqOt1n0QfRca" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,921.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z72gfbjQ0N14" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,026.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F01_zU7r1PC25mA8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F18_zMyTTxyZcBea" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#x2019;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Contractual cash flows&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Less than 1 year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;1-2 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2-3 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;3-5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;More than 5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade and other payables (i)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zU3VhTAu9gLe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;38,976.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zur7M7WAavH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;40,186.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zlFTS0lmI1n7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34,690.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zb4HT6LS95y9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,279.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_z1kxmoGLvOd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,248.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zgbico1h9IB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;327.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zbtdEdYYpzg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,639.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_z1XVOW6FN1ek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;247.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zilOtz4PXqK2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;328.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAuONYnX52H7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;88.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zuscfgvDTHz4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;61.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zQKDbQBtPR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zYLib6L7Cufi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zVYGhiit44t" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;100.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Unsecured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zhWMQe20Soa6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zQhIenq2ST38" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNl04Yup9kPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zoBQvWWVKZ2i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6797"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z0kk9Xw27qx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6799"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zA1OWr81Anzk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6801"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z5eAwm3YBJw1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6803"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zO8ndabgbDj2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;130.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zSucYiGNrhTk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;234.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z8g5gjIsTYsg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;46.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zYZnhXqeOLw6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;48.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zMZSK4CO6Ggd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;29.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zGOBFJiCRNSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z8HKIb9OP23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;90.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Lease liabilities&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zQ4j5cbeBaJ5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,639.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zlCIiuPAUJf9" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,070.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z8XUihiBtP1i" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;788.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zSQHScZzTP1d" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;756.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zBpO6suNKyYc" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;550.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zJteQh6h5b3f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;422.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zSTeqJRt92Ic" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;553.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--Borrowings_iI_pn5n6_c20211231_z4lY7bfOrMp3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;42,076.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231_z3WWu0ZNwwj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;43,904.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zkkgbU4FXMIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;35,698.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zEBBvsMsOreb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,145.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zl4NVZDiXu13" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,855.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zaXWTfRWGtij" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;820.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zmRgnjhdka21" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,384.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F02_z5vvHKjPbiJ3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1A_zgWmDfoyXFvd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#x2019;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AC_zgv8cyfIMlu2" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Equity price risk&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Through the equity swap transactions approved on May
13, 2020 and December 9, 2020 by the Board of Directors of Ambev (see Note 1 - &lt;i&gt;Corporate information&lt;/i&gt;), the Company, or its subsidiaries,
will receive price variations related to its shares traded on the stock exchange, or on its ADRs, thus neutralizing the possible effects
of stock price fluctuations on the share-based payments made by the Company. As these derivative instruments are not eligible for hedge
accounting, they were not therefore allocated to any hedging arrangements.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;On December 31, 2022, the Company did not have any
equity swap positions (on December 31, 2021 equity swap operations resulted in a gain of R$&lt;span id="xdx_90F_eifrs-full--GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_pn5n6_c20220101__20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--EquitySwapTransactionMember_zUW3OxT4e3ll" title="Total gains (losses) on financial assets at fair value through profit or loss"&gt;78.0&lt;/span&gt;).&lt;/p&gt;





&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 14.2pt"/&gt;&lt;td style="width: 7.1pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;IV.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Capital management&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company is continuously optimizing its capital structure
in order to maximize shareholder value while maintaining the desired financial flexibility to execute its strategic projects. Besides
the statutory minimum equity funding requirements applicable to the Company&#x2019;s subsidiaries in different countries, the Company is
not subject to any externally imposed capital requirements. When analyzing the capital structure, the Company uses the same debt ratings
and capital classifications applied to the financial statements.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Financial instruments&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;(a) Financial instruments categories&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 0 36pt; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The financial instruments held by the Company are managed
through operational strategies and internal controls to assure liquidity, profitability, and transaction security. Transactions involving
financial instruments are regularly reviewed to assess the effectiveness of the risk exposure that management intends to cover (foreign
exchange, and interest rate, among others).&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The table below shows all of the consolidated financial
instruments recognized in the financial statements, segregated by category:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_eifrs-full--DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_pn5n6_zPSFmM9ffA6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Consolidated Financial Instrument (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_z6KJ30662FE" style="display: none"&gt;Schedule of consolidated financial
instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Amortized cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair value through profit or loss&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash and cash equivalents less bank overdrafts&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zo2O5YhCPyqb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,852.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zzUcjTGST4S5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6854"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z0tPkQ1cnJua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,852.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables excluding prepaid expenses&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zAHmMG9KflA5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,791.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_znfI5rBtBFAi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6860"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zNWnN1rddAs7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,791.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z0c6efVuDvO" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;219.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z8Z3gMGXd8xk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zsP4N5Ct8nc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;673.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_pn6n5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6870"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zQs2G41Kec03" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zBrsx2vkdkif" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_z4zv3XUtsXJh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;22,862.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zOleVAbmFc8i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;728.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20221231_z4bczyr3B2Fb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;23,590.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_z1M07AQcB9m9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;24,837.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zoIrdPKwsgld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;24,837.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Put options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zhNiWJaextSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,060.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_ztQrvWCbHwzl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,060.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_z0nKmLUXJr4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;729.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zMzLjxw3lSb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;729.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-bearing loans and borrowing&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zNosUjKSwGZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,770.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_z8ltolsppQBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,770.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZqwtfVRKlx6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,015.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zvZGtik0KQF3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;333.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zFUfUak6RhI6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,349.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zbPKVO2wA1o7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;30,624.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_z2uJvLSJyyF4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,123.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231_zFfIYCnsv0X3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;34,747.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;





&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Amortized cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair value through profit or loss&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash and cash equivalents less bank overdrafts&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zZhiFkX1eyN9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;16,597.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zdeEl9ovcD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6912"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z4PvLJIHRJhb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;16,597.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables excluding prepaid expenses&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zZG5y14e3ai2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,084.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z6vwGe3l8XPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6918"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z9qvexCcZ6M5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,084.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zovDtB9Zg5Z3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;192.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z9BawY2FJNm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zoBSvC2zoFel" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,107.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zk9CYxQ9EMg1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6928"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zIcEmGVGnb49" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;599.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_z406EQUQP3I3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;599.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_zKZYd3OtA3Zh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;23,874.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zuCyjVOpJ5Fa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,513.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231_zbcNJJpZvNO4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;26,388.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zf64vjYBbiCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;25,695.0&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zWQ5SYRGoLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;25,695.0&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Put options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zF4Ugf6EfZH3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,291.4&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zQGoBQsXZEsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,291.4&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zTM6htSQ78Z9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;492.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zFm9BBosMo54" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;492.5&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-bearing loans and borrowing&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zSEwRRFHzrJ4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,100.6&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zIJ1DjzqjGwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,100.6&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZ4AJ1VEIOSd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2,263.7&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zn6QkO9gIT8k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;194.7&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zGevWrgYVJ83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2,458.4&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zNmSwaUDaBOg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;31,059.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_zrXYxGi0Dw4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;3,978.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231_zytjIUftMKH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;35,037.9&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A6_z2Osf69DZAJ5" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;(b) Classification of financial instruments by type of fair value measurement&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;IFRS 13 defines the fair value as the price that would
be received for the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement
date.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Pursuant to IFRS 13, financial instruments measured at
fair value shall be classified within the following categories&lt;span style="background-color: white"&gt;:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;Level 1 - quoted
prices (unadjusted) in active markets available to the entity for identical assets or liabilities as at the valuation date;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;span style="background-color: white"&gt;Level 2 - inputs other than quoted prices
included within Level 1 that are observable for the asset or liability, either directly or indirectly; and&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;Level 3 - inputs
which are not observable for the asset or liability.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfFinancialInstrumentsFairValueHierarchyTextBlock_pn5n6_zLiruAg0dR45" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Fair Value Hierarchy (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B7_zmPnZQQARLbi" style="display: none"&gt;Schedule of fair value measurement&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zowJmDGyt9K5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zwrNyf9OVvjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkSfda33qYGd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20221231_zefytfbl5Pse" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zAEmGWNxa4b5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zmhJ721RS0H2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zFcIVeDzaXd5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20211231_zp6vZZeL2u75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 31%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial assets&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--FinancialAssetsAtFairValueThroughProfitOrLoss_iI_pn5n6_maFAAFVzkse_zHQ3esIkpkN7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Financial asset at fair value through profit and loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6971"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6972"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6975"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6976"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--DerivativeFinancialAssetsHeldForHedgingOperationalHedges_iI_pn5n6_maFAAFVzkse_zNkPzqNl9hw" style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives - operational hedge&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;57.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;216.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6981"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;159.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;439.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6985"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;599.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--FinancialAssetsAtFairValue_iTI_pn5n6_mtFAAFVzkse_ztiXT7GrBZD7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;511.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;216.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6990"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;728.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,073.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;439.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6994"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,513.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial liabilities&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLoss_iI_pn5n6_maFLAFVzw0K_z1I8y2cZ67P7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Financial liabilities at fair value through profit and loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6997"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6998"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,393.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,393.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7001"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7002"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,486.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,486.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_iI_pn5n6_maFLAFVzw0K_zN7bclazl1Pj" style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives - operational hedge&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;76.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;653.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7008"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;729.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;193.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;299.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7012"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;492.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--FinancialLiabilitiesAtFairValue_iTI_pn5n6_mtFLAFVzw0K_z1Wk6JUDb5pf" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;76.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;653.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,393.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,123.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;193.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;299.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,486.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,978.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AB_zGru9FZzVYQf" style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;





&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Reconciliation of changes in the assets categorized at Level 3&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory_pn5n6_zQ0Iiw5AIys7" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Reconciliation of Changes In the Assets Categorized At Level 3 (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zxfAJoULueFg" style="display: none"&gt;Schedule of Reconciliation of changes in the assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; width: 78%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Financial liabilities at December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialLiabilities_iS_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z4TCq9q59GX8" style="white-space: nowrap; vertical-align: bottom; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liabilities balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;3,486.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160; Acquisition of investments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PurchasesFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkk9o0DKgJR" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition of investments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;161.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Total gains and losses during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z5tiLp8Sr8ed" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total gains and losses during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(253.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160; Losses/(gains) recognized in net income&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znaCtrTWKQyf" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Losses/(gains) recognized in net income"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(46.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160; Losses/(gains) recognized in equity&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesRecognisedEquityFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7YoM56ivNfd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Losses/(gains) recognized in equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(207.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Financial liabilities at December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialLiabilities_iE_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z15laocHEQv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liabilities balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;3,393.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A2_zBJY4ojMHSu3" style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;(c) Fair value of financial liabilities measured at amortized cost&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company&#x2019;s liabilities, interest-bearing loans
and borrowing, and trade payables excluding tax payables, are recorded at amortized cost based on the effective rate method, plus indexation
and foreign exchange gains/losses, based on the closing indices for each exercise.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The financial instruments recorded at amortized cost
are similar to the fair value and are not of sufficiently material to require disclosure.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;(d) Fair value of liabilities measured through profit or
loss&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;As part of the negotiations regarding the acquisition
of the shares of Tenedora, the Company signed the second amendment to the Shareholders' Agreement extending the partnership between the
Company and ELJ. ELJ is currently the owner of &lt;span id="xdx_906_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zsbhXf2NIRw1" title="Put options, exercisable number of shares, percent of outstanding stock"&gt;15&lt;/span&gt;% of the shares of Tenedora, and its put options are now divided into two tranches: (i)
Tranche A, corresponding to &lt;span id="xdx_903_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheAMember__dei--LegalEntityAxis__custom--ELJMember_zPMugXkEgWa5" title="Put options, exercisable number of shares, percent of outstanding stock"&gt;12.11&lt;/span&gt;% of the shares, exercisable in 2023 and 2024; and (ii) Tranche B, corresponding to &lt;span id="xdx_908_ecustom--PutOptionsExercisableNumberOfSharesPercentOfOutstandingStock_iI_pid_dp_c20210702__srt--OwnershipAxis__custom--TenedoraMember__ifrs-full--ClassesOfOrdinarySharesAxis__custom--TrancheBMember__dei--LegalEntityAxis__custom--ELJMember_zD0RR07Si7Of" title="Put options, exercisable number of shares, percent of outstanding stock"&gt;2.89&lt;/span&gt;% of the shares,
exercisable from 2026. The Company, on the other hand, has a call option over Tranche A shares, exercisable from 2021, and Tranche B shares,
exercisable from 2029, whereas until December 31, 2022, no options were exercised. On December 31, 2022, the sum of the two ELJ tranches
is R$&lt;span id="xdx_90A_ecustom--PutOptionsFairValue_iI_pn5n6_c20221231__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_zcY766CqFAKa" title="Put options, fair value"&gt;3,053.7&lt;/span&gt; (R$&lt;span id="xdx_906_ecustom--PutOptionsFairValue_iI_pn5n6_c20211231__srt--OwnershipAxis__custom--TenedoraMember__dei--LegalEntityAxis__custom--ELJMember_z0ReaRtH0YIg" title="Put options, fair value"&gt;3,284.8&lt;/span&gt; on December 31, 2021).&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The fair value of (i) Tranche A is calculated considering
the interest under the contract, plus foreign exchange variations, less the dividends paid between the date of signature of the amendment
and the exercise of the option.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The fair value of (ii) Tranche B is calculated based on the
EBITDA multiple defined in the contract, less the net debt, brought to its present value, calculated using standard valuation techniques
(the present value of the principal amount and future interest, discounted by the local currency&#x2019;s WACC rate as at the date of the
calculation). The criteria used are based on market information from reliable sources and are categorized as &#x201c;Level 3&#x201d;.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Calculation of the fair value of derivatives&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company measures derivative financial instruments by calculating
their fair value, using market curves that impact the value of the instrument as at the computation date. In the case of swaps, the asset
and the liability positions are estimated independently and&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;brought to their fair value, equivalent to the difference between
the results of the asset and liability amounts, which generates the swap&#x2019;s market value. For traded derivative financial instruments,
the fair value is calculated based on the exchange-listed price.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Margins pledged as guarantees&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In order to comply with the guarantee requirements regarding
derivative exchanges and/or counterparties to certain operations with derivative financial instruments, as at December 31, 2022 the Company
held R$&lt;span id="xdx_900_ecustom--InstrumentsSharingCharacteristicHighlyLiquidInvestments_iI_pn5n6_c20221231_zcaDMh8viL6d" title="Instruments sharing characteristic, highly liquid investments"&gt;376.9&lt;/span&gt; in highly liquid financial investments or in cash, classified as cash and cash equivalents and investment securities (R$&lt;span id="xdx_90D_ecustom--InstrumentsSharingCharacteristicHighlyLiquidInvestments_iI_pn5n6_c20211231_zVsgCBnaNy6i" title="Instruments sharing characteristic, highly liquid investments"&gt;1,152.8&lt;/span&gt;
as at December 31, 2021).&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Offsetting of financial assets and liabilities&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;For financial assets and liabilities subject to settlement
agreements on a net basis or similar agreements, each agreement between the Company and the counterparty allows this type of settlement
when both parties opt for this. In the absence of such a decision, the assets and liabilities will be settled at their gross amounts,
but each party will have the option to settle on a net basis, in case of a default by the counterparty.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Risks of climate change and the sustainability strategy&lt;/b&gt;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/13pt Times New Roman,serif; margin: 0 0 0 18pt; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Considering the nature of the Company&#x2019;s operations,
there is an inherent exposure to certain risks related to climate change, and relevant ESG (Environmental, Social and Governance) aspects.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In the period finished in December 31, 2022 the Management
considered as main risks the aspects below:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(i)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Commodities prices&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;There is a growing concern that the current level of carbon
dioxide and other greenhouse gases in the atmosphere will have adverse impacts on global temperatures, weather patterns and the frequency
and severity of extreme weather and natural disasters, such as droughts, floods, unseasonal rains, tropical cyclones, among others. In
the event that climate changes has a negative effect on agricultural productivity, the Company may be subject to decreased availability
or less favorable pricing for certain agricultural commodities that are necessary for our products, such as barley, hops, sugar and corn.
In addition, public expectations for reductions in greenhouse gas emissions could result in increased energy, transportation and raw
material costs and may require us to make additional investments in facilities and equipment due to increased regulatory pressures. As
a result, the effects of climate change could have a long-term, material adverse impact on our business and results of operations.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(ii)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Water crisis&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;We also face water scarcity and quality risks. The availability
of clean water is a limited resource in many parts of the world, facing unprecedented challenges from climate change and the resulting
change in precipitation patterns and frequency of extreme weather, overexploitation, increasing pollution, and poor water management.
We have implemented an internal strategy in order to considerably reduce the use of water in our operative plants. However, as demand
for water continues to increase around the world, and as water becomes scarcer and the quality of available water deteriorates, we may
be affected by increasing production costs or capacity constraints, which could adversely affect our business and results of operations.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Droughts can cause barley crop failures, especially in South
America, where most barley is rain-fed, the meteorological droughts (short-term, precipitation-impacted droughts) can significantly affect
barley crop performance.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;As a result, the effects of climate change could have a substantial
long-term detrimental impact on the Company's business and operating results.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(iii)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Environmental regulations&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Our operations are subject to a wide range of Brazilian federal,
state and municipal safety and environmental laws and regulations related to licenses or authorizations necessary to our business, as
well as use of water resources and management of solid waste and take-back scheme obligations.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company activities require the constant obtaining and
renewal of environmental licenses, in which the production units operation depends. Technical difficulties or failure to meet license
renewal terms and the requirements of environmental agencies may have adverse effects on our business, as we may be subject to (i) the
imposition of several administrative penalties (such as fines, interruption or shutdown of activities, license cancellation, among others),
(ii) payment of recovering costs to of degraded areas and (iii) accountability in the civil, administrative and criminal spheres, depending
on the case.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;While we have a budget for future capital and operating
expenditures to maintain compliance with environmental laws and regulations, there is no guarantee that the Company, even if it
adopts adequate practices and processes, will not incur environmental liability or that these applicable environmental laws and
regulations will not change or become more strict in the future. Accordingly, non-compliance with applicable laws and the technical
conditions established in licenses and permits may harm the Company's reputation, results of operations and financial health.&lt;/p&gt;






&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 8pt"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 0"/&gt;&lt;td style="width: 21.3pt"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;(iv)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;Social&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify"&gt;The Company is subject to obligations regarding the
respect for human rights of all stakeholders, which may lead the Company to incur additional costs as well as significant contingencies
relating to social issues. In general, social risks arise from the potential and actual adverse impacts of its business activities on
the human rights of all stakeholders involved in its operation, including its own employees, consumers, suppliers, investors and the
local community where the Company operates, whether directly or indirectly connected to its activities.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify"&gt;If the Company does not adopt well-structured and integrated
long-term planning initiatives to promote diversity, equality and inclusion, both in its workforce and in the composition of statutory
bodies and leadership, it may be challenged, including in court, about the absence of clear goals and effective actions in this area.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify"&gt;There is no guarantee that the Company will be able
to adequately manage the social risks mentioned above in compliance with all national and international parameters and guidelines, which,
consequently, may eventually harm the Company's operating results and reputation and expose it to legal and regulatory risks, which may
materialize in different ways.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: justify"&gt;As the events mentioned in this section are highly uncertain,
the Company cannot determine their financial impact at this moment. Any mentioned impacts may result in a material adverse effect on our
business, liquidity, financial condition and results of operations. The Company continues to manage liquidity and capital resources with
discipline to meet the costs of the eventual materialization of such risks.&lt;/p&gt;


</ifrs-full:DisclosureOfFinancialInstrumentsExplanatory>
    <ifrs-full:DisclosureOfFinancialRiskManagementExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfFinancialRiskManagementExplanatory_pn5n6_zFWPhtyaaLZe" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Transactions Protected by Derivative Financial Instruments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B7_z9nDk3fXWtJd" style="display: none"&gt;Schedule of financial risk management&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="11" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Gain / (Losses)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Notional&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liability&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Finance Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Operational Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Equity&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTNSAsZgSmQa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;19,853.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zGqDtANyhjpj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;271.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z4JvA08YdtZ6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(719.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z0mHP9NEeR2h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,075.2)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zbhTDq9UGsr8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;452.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z7bzMvTrIGGf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;134.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Commodities&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zDcWPpIwGuJc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,809.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z8JQukPEqAjh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;100.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zgUuxo2Z8xZg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(376.0)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwJF5Z8DwUrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;63.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zxWllh6K1aB6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(32.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zmcb4TRe1lwf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(475.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWoyWQ52Ydo2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z9FPgCOemcsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;157.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zM5sgOCNQ9C4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(342.9)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zUAH07dpF6hd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,139.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zhHGfQaxb6Tg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;477.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zrGRKk2F10jg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;596.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zg8EMKfSdax6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOGjj2DpLD1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zVpHOZQzPe1f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6086"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKyrWYBPOIKa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zrbCRnyPCxq6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.3)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkrDzuMFQx96" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Mexican Pesos&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zl1dzZg9BzT9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmhgm59fctZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zgdBXbhfHtid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zWqd0NiWW1B8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zGLmhqNbfGgi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;8.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zxkWsAGkgeii" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_z3GM9hfrUhfa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zONCWsN38yZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZ5CZ06oeCua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zps65X4oZPS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(5.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWK5dVtFvJ8h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zGhRfBWYwue9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(13.0)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zWJMAK9yQ8O4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zjjBvLFi3WEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZBYOZEEG2xc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zVbihOlny676" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zgFaZOkLZYU6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zZaXnsGh9Vx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(13.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zX0Lb8ODCXL1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zpGg9DwKd7xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1V3ROCci8x6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.6)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoqmEaKPVEn4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(42.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z1IBhsJ0wR8b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;9.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zA9UoXzIup0j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(14.8)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zyeFQE2q0EQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zhd2OnGsiJQi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zEZciaYhfJN7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQHb15Ltx5ua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(42.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPe9z8gYeiMg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;9.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zA1nboIyxcW6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(14.8)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cash&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--CashUMember_zDjdmfZCJoLf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(17.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsCashMember_za20zPz3TNU4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(17.1)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;As at December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NotionalAmount1_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zUJzaunwqGi3" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,285.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z0t72ZXv6vjd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;273.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zbkx19jPkCdc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(729.4)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;- &lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zRDyTTvzVyBd" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3,140.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zljD8mCBa9wc" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;466.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInEquity_pn5n6_c20220101__20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_z3JWiPTAlkq9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;106.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 9pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;







&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="9" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Gain / (Losses)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: top; width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Notional&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Liability&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 1%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Finance Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Operational Result&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Equity&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="11" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z3SjBbQpmCJe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;18,911.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zsHmeoIvkKhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;597.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zlbW3C2C97tl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(421.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zAfiNvS290dj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(2,113.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z6Moz0GIWRVk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,710.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zx3C1dSUpiQ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,277.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Commodities&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zOcXzELfWOY5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,179.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_znzb8CiUciy2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;455.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zojTE3C0NGA" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(41.2)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zzItRoPaQtf4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(126.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z3fhcyYHTt01" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,168.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zc5Q86g0jU52" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;684.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOO7rZsqGff2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;15,516.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_znOYPTVyIC6c" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zS649DEPx0t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(378.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zMZ0dZsxwXG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,970.7)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zPPFOnBm8eb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;541.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zTe3AqA6r0K" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,792.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zkOcgjDYkEL4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;31.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zhC3bWBg58Vl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6208"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zHLbobc7lSBc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zqHT5uM9Xslf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zCpmwe5l7Otj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTHIJviaObsa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1.9)&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Mexican Pesos&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z48ssLMLnBM9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;183.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zeak9OtzPqSl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z4BXJflsuSB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zskGRKBwq5Q9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(15.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zkDPLoxQF36j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(0.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze3nZTmxwzSb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(198.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed Assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_ziMgSl3R1Ysj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,111.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zYgFndU1rzC2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zZIRZsFZewM1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(53.3)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zx8bOXkw3JM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(368.8)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zcI5Of0qdQD1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;105.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zjkT8K9FCxS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;103.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zXqw3vvFWOea" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,111.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zsWdB6SbOKhe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zX1dxhJUAXk6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(53.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMl33Be1rFRk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(368.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zMzpGEoHkxG4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;105.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_za52xBbtJ142" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;103.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zIlc50YrVYeh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;365.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYCXdNtyEaAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;0.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8xdxwaSOOac" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(18.1)&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zxQOOmbhP48h" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(124.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z026n1HTnO7b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;36.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zG3MXB9jIcql" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;192.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NotionalAmount1_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zaMNnZCAszG3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;365.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--MaximumExposureToCreditRiskOfFinancialAssets_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zldAr89unauj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Assets"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--MaximumExposureToCreditRiskOfFinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zNQWDiJeSxgd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value Liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(18.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zdt577QmvTM8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(124.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--GainsLossesFromOperationalResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z4XL9mXQ68N9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Operational Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;36.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--GainsLossesRecordedInEquity_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zO9o5iunVaE7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;192.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="11" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Equity Instrument&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--TotalEquityExposureMember_zYXlyA2Z070a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;78.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Stock exchange prices&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--GainsLossesRecordedInFinancialResults_pn5n6_c20210101__20211231__ifrs-full--TypesOfRisksAxis__custom--StockExchangePricesRiskPortionOfEquityExposureMember_zF5Nec2Rols1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Gain (loss) Finance Result"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;78.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
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      unitRef="BRL">-1900000</abev:GainsLossesRecordedInEquity>
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      contextRef="AsOf2021-12-31_custom_MexicanPesosRiskPortionOfCostExposureMember"
      decimals="-5"
      unitRef="BRL">5900000</ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets>
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      unitRef="BRL">-700000</abev:MaximumExposureToCreditRiskOfFinancialLiabilities>
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      contextRef="From2021-01-012021-12-31_custom_MexicanPesosRiskPortionOfCostExposureMember"
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      unitRef="BRL">-15900000</abev:GainsLossesRecordedInFinancialResults>
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      contextRef="From2021-01-012021-12-31_custom_MexicanPesosRiskPortionOfCostExposureMember"
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      unitRef="BRL">-200000</abev:GainsLossesFromOperationalResults>
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      unitRef="BRL">-198100000</abev:GainsLossesRecordedInEquity>
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      contextRef="AsOf2021-12-31_custom_TotalFixedAssetExposureMember"
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      unitRef="BRL">1111400000</abev:NotionalAmount1>
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      contextRef="AsOf2021-12-31_custom_TotalFixedAssetExposureMember"
      decimals="-5"
      unitRef="BRL">1100000</ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets>
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      contextRef="AsOf2021-12-31_custom_TotalFixedAssetExposureMember"
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      unitRef="BRL">-53300000</abev:MaximumExposureToCreditRiskOfFinancialLiabilities>
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      contextRef="From2021-01-012021-12-31_custom_TotalFixedAssetExposureMember"
      decimals="-5"
      unitRef="BRL">-368800000</abev:GainsLossesRecordedInFinancialResults>
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      contextRef="From2021-01-012021-12-31_custom_TotalFixedAssetExposureMember"
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      unitRef="BRL">105300000</abev:GainsLossesFromOperationalResults>
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      contextRef="From2021-01-012021-12-31_custom_TotalFixedAssetExposureMember"
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      unitRef="BRL">103200000</abev:GainsLossesRecordedInEquity>
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      contextRef="AsOf2021-12-31_custom_USDollarsRiskPortionOfFixedAssetsExposureMember"
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      unitRef="BRL">1100000</ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets>
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      contextRef="AsOf2021-12-31_custom_USDollarsRiskPortionOfFixedAssetsExposureMember"
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      unitRef="BRL">-53300000</abev:MaximumExposureToCreditRiskOfFinancialLiabilities>
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      contextRef="From2021-01-012021-12-31_custom_USDollarsRiskPortionOfFixedAssetsExposureMember"
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      unitRef="BRL">-368800000</abev:GainsLossesRecordedInFinancialResults>
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      contextRef="From2021-01-012021-12-31_custom_USDollarsRiskPortionOfFixedAssetsExposureMember"
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      unitRef="BRL">105300000</abev:GainsLossesFromOperationalResults>
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      contextRef="From2021-01-012021-12-31_custom_USDollarsRiskPortionOfFixedAssetsExposureMember"
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      unitRef="BRL">103200000</abev:GainsLossesRecordedInEquity>
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      contextRef="From2021-01-012021-12-31_custom_TotalExpensesExposureMember"
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      unitRef="BRL">192900000</abev:GainsLossesRecordedInEquity>
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      unitRef="BRL">192900000</abev:GainsLossesRecordedInEquity>
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      unitRef="BRL">78000000.0</abev:GainsLossesRecordedInFinancialResults>
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      unitRef="BRL">599000000.0</ifrs-full:MaximumExposureToCreditRiskOfFinancialAssets>
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      unitRef="BRL">1852400000</abev:GainsLossesFromOperationalResults>
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    <ifrs-full:DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_pn5n6_zWaL2QIvZK04" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Interest Rate Hedging (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zWxEX6Ykk3o8" style="display: none"&gt;Schedule of detailed information about hedging instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Interest rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Amount&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zFszv0a8q1a6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;8.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zqwgVRoSFz9b" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;230.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Post fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zIuNNAsTzc41" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;230.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zksscSafiYBe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;8.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z4imQUpwgmf7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,602.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Working Capital in Argentinean Peso&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zdtN3tZ26B2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;73.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_z4XQpkT7xIK6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;74.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zGJZGu9DUzZ7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;10.4%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_ze9tI0gXPB6i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;421.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zvI5HrFNB62a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;14.0%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zulFw2g0Tdhd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canadian Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_z7thYLiU5EWb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;5.3%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zvlTBLZtFIDj" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;511.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Pre-fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zZRqbJYgIFBi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,614.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;





&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Interest rate&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 31%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Amount&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PostfixedInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zGhgm9vfBUEi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;11.6%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_z1pqGiu5Uhx7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;83.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Post fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PostfixedInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zhiiAQ4mZHVf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, post-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;83.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Brazilian Reais&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zWRiaSpgu5si" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;7.2%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskBrazilianReaisMember_zxm7NFX3LTL7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,343.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Working capital in Argentinean Peso&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zsOacJyfumU" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;34.7%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskWorkingCapitalinArgentineanPesoMember_zVuQ6mGCvoQ" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;30.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_zIJtNATAjqe1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;11.3%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--OtherCurrenciesMember_z7YB9U37X5G4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zVW1rDQfXHN3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;13.1%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskUSDollarsMember_zpULB6g95raj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;17.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Canadian Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--PresetInterestRatePrehedged_iI_pip0_dp_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zI25FGC907l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2.5%&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__custom--InterestRateRiskCanadianDollarsMember_zcenJrZv39f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;430.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Pre-fixed interest rate&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--PresetInterestPrehedgedValue_iI_pn5n6_c20211231__ifrs-full--TypesOfRisksAxis__ifrs-full--InterestRateRiskMember_zHToAdBdptK8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Pre-hedge, pre-fixed interest rate, amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,048.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory>
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      decimals="INF"
      unitRef="Pure">0.085</abev:PostfixedInterestRatePrehedged>
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      unitRef="BRL">230100000</abev:PostfixedInterestPrehedgedValue>
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      decimals="-5"
      unitRef="BRL">230100000</abev:PostfixedInterestPrehedgedValue>
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      contextRef="AsOf2022-12-31_custom_InterestRateRiskBrazilianReaisMember"
      decimals="INF"
      unitRef="Pure">0.085</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2022-12-31_custom_InterestRateRiskBrazilianReaisMember"
      decimals="-5"
      unitRef="BRL">2602100000</abev:PresetInterestPrehedgedValue>
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      contextRef="AsOf2022-12-31_custom_InterestRateRiskWorkingCapitalinArgentineanPesoMember"
      decimals="INF"
      unitRef="Pure">0.735</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2022-12-31_custom_InterestRateRiskWorkingCapitalinArgentineanPesoMember"
      decimals="-5"
      unitRef="BRL">74300000</abev:PresetInterestPrehedgedValue>
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      contextRef="AsOf2022-12-31_custom_OtherCurrenciesMember"
      decimals="INF"
      unitRef="Pure">0.104</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2022-12-31_custom_OtherCurrenciesMember"
      decimals="-5"
      unitRef="BRL">421300000</abev:PresetInterestPrehedgedValue>
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      contextRef="AsOf2022-12-31_custom_InterestRateRiskUSDollarsMember"
      decimals="INF"
      unitRef="Pure">0.140</abev:PresetInterestRatePrehedged>
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      decimals="-5"
      unitRef="BRL">6200000</abev:PresetInterestPrehedgedValue>
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      contextRef="AsOf2022-12-31_custom_InterestRateRiskCanadianDollarsMember"
      decimals="INF"
      unitRef="Pure">0.053</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2022-12-31_custom_InterestRateRiskCanadianDollarsMember"
      decimals="-5"
      unitRef="BRL">511000000.0</abev:PresetInterestPrehedgedValue>
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      contextRef="AsOf2022-12-31_ifrs-full_InterestRateRiskMember"
      decimals="-5"
      unitRef="BRL">3614900000</abev:PresetInterestPrehedgedValue>
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      contextRef="AsOf2021-12-31_custom_InterestRateRiskBrazilianReaisMember"
      decimals="INF"
      unitRef="Pure">0.116</abev:PostfixedInterestRatePrehedged>
    <abev:PostfixedInterestPrehedgedValue
      contextRef="AsOf2021-12-31_custom_InterestRateRiskBrazilianReaisMember"
      decimals="-5"
      unitRef="BRL">83000000.0</abev:PostfixedInterestPrehedgedValue>
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      decimals="-5"
      unitRef="BRL">83000000.0</abev:PostfixedInterestPrehedgedValue>
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      decimals="INF"
      unitRef="Pure">0.072</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2021-12-31_custom_InterestRateRiskBrazilianReaisMember"
      decimals="-5"
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      decimals="INF"
      unitRef="Pure">0.347</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2021-12-31_custom_InterestRateRiskWorkingCapitalinArgentineanPesoMember"
      decimals="-5"
      unitRef="BRL">30500000</abev:PresetInterestPrehedgedValue>
    <abev:PresetInterestRatePrehedged
      contextRef="AsOf2021-12-31_custom_OtherCurrenciesMember"
      decimals="INF"
      unitRef="Pure">0.113</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2021-12-31_custom_OtherCurrenciesMember"
      decimals="-5"
      unitRef="BRL">226000000.0</abev:PresetInterestPrehedgedValue>
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      decimals="INF"
      unitRef="Pure">0.131</abev:PresetInterestRatePrehedged>
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      decimals="-5"
      unitRef="BRL">17500000</abev:PresetInterestPrehedgedValue>
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      contextRef="AsOf2021-12-31_custom_InterestRateRiskCanadianDollarsMember"
      decimals="INF"
      unitRef="Pure">0.025</abev:PresetInterestRatePrehedged>
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      contextRef="AsOf2021-12-31_custom_InterestRateRiskCanadianDollarsMember"
      decimals="-5"
      unitRef="BRL">430800000</abev:PresetInterestPrehedgedValue>
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      decimals="-5"
      unitRef="BRL">3048100000</abev:PresetInterestPrehedgedValue>
    <abev:ValueAtRiskExposureProbable
      contextRef="From2022-01-01to2022-12-31"
      decimals="INF"
      unitRef="Pure">0.95</abev:ValueAtRiskExposureProbable>
    <abev:ValueAtRiskAdverseScenarioDeteriorationPercentage
      contextRef="From2022-01-01to2022-12-31"
      decimals="INF"
      unitRef="Pure">0.25</abev:ValueAtRiskAdverseScenarioDeteriorationPercentage>
    <abev:ValueAtRiskRemoteScenarioDeteriorationPercentage
      contextRef="From2022-01-01to2022-12-31"
      decimals="INF"
      unitRef="Pure">0.50</abev:ValueAtRiskRemoteScenarioDeteriorationPercentage>
    <ifrs-full:SensitivityAnalysisForEachTypeOfMarketRisk contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--SensitivityAnalysisForEachTypeOfMarketRisk_pn5n6_zph71ClX422c" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Sensitivity Analysis of Financial Instruments (Details)"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BA_zrC02Dg0EXa2" style="display: none"&gt;Schedule of types of market risk&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Transaction&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 14%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Probable scenario&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Adverse scenario&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 13%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Remote&lt;br/&gt;
scenario&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Commodities hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Decrease in commodities price&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(275.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(466.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(1,477.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(2,680.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Input purchases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;275.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;466.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,477.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,680.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Foreign exchange hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Foreign currency decrease&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(172.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(425.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3,933.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(7,694.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Input purchases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;172.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;425.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,933.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--InputPurchasesAffectingTheCommodityRiskPortionOfCostExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,694.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost effects&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zw8lfcAvmzX2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zimjy8paudX" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zTmSDi8ZgTE8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_d0_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--CommoditiesAndForeignExchangeHedgesMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8lWUcx8ufbi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Foreign exchange hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Foreign currency decrease&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(60.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyRiskPortionOfFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(117.3)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Capex Purchases&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;60.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--CapexPurchasesAffectingTheForeignCurrencyExchangeRiskPortionOfTheFixedAssetsExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;117.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed asset effects&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueNetProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zD0P4HLcOlm5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedges and transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6416"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zzfj2t5Mp15g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6418"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zJ2iecuMD7xa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6420"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zo4b252fzKCb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6422"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="6" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;i&gt;Foreign exchange hedge&lt;/i&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Foreign currency decrease&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(55.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ExpensesThatAffectTheForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(106.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Expenses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_c20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instruments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;55.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--ForeignCurrencyExchangeRiskPortionOfExpensesExposureMember_pn5n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;106.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expense effects&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TransactionsAffectingFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8Lk0ibciT69" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value of hedging instrument transactions"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6440"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtProbableScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z8KeAo9w9Nxd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, probable scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6442"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtAdverseScenarioProFormaBasis_pn5n6_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zDdcNC2ZHI84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, adverse scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6444"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--FinancialInstrumentsDesignatedAsHedgingInstrumentsEffectsAtRemoteScenarioProFormaBasis_c20220101__20221231__ifrs-full--TypesOfHedgesAxis__custom--ForeignCurrencyExchangeHedgeMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_pn6n6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sensitivity value level, remote scenario"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6446"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;-&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;As at December 31, 2022 the Notional and Fair Value amounts per instrument
and maturity were as follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock_pn5n6_z8kcvW8iaGcc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B2_zz0B17u5Kh8l" style="display: none"&gt;Schedule of Notional and fair value amounts per instrument
and maturity&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Notional Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2024&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2025&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&amp;gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zoUjWfmnTznd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;19,758.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zahlH2hygby5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;95.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zQzqTVZ9tV0k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6454"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zRppBvwwZnQ9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6456"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z5YnQ3j17wLg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6458"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zF7xAiOx8mb6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;19,853.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Commodities&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zCFykrVkJ84a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,714.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zaUI9wGC5NOa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;95.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zyWDwhwGYF1a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6466"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_z5SFk7cOGDR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6468"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zEUXR9sr0rDg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6470"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuGOmLnW4Hk9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,809.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zFj000DbuaDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWbJRNOVUCu3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6476"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziApHL8rWbke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6478"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zeXk2JmChcG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6480"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zB1xTmdqvdKb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6482"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4PW1SdNJsC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zZmsTb0LRRC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zvXvsnZr95ag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6488"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_z6yHibdHBGtc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6490"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zIrXqFISX6m1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6492"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zRIW6xDpLVc6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6494"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zEIxcmo8ooZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Mexican Pesos&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z2FF0c2Lr2R9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zVlKKntcRAb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6500"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zV3XMFqDg4Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6502"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zof9FbNE0OU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6504"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zP7q3s66dfL6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6506"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zaiqOM0yQ45l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zK6pyjN4Ytne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zORqAaj7OtLb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6512"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zLgO2Q1ybDZc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6514"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhlxcbt6nTIk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6516"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWsyx9zAGvrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6518"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zqu5EaGUOeHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zcvXlJXmjuZ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_z1aWhC7fA576" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6524"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zC6vOXl4wNhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6526"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zB8Nw3M8zXp5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6528"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zhqWPrqCCJBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6530"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zHwefR5GwVd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYUKFQ0qiB1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zwSCTiNOILa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6536"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zyB9CJYQW0wh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6538"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zcPDaZFWt0Xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6540"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zqd2cQgfUcF3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6542"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z4ZqZybFL298" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zel6VzgsoKp" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPeSiFz80sr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6548"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQCrvOQvoDP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6550"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z03q2ewHZpS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6552"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zmRDBmxRzU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6554"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuoCc6pxjUlk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zHsc0GN9uGqb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,189.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zKfqLtZXgLr5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;95.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zAsoEtJuy9Ka" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6562"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zDKeESQAViT" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6564"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zy1Vf0FUTS71" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6566"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zb6cpFQupLAf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,285.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2024&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2025&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&amp;gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Costs&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDn1omh75Rc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(449.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDZlp09Okdu5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8ea7hqw9493" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6574"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zPqzoHA3Kz98" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6576"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zgAdugmLdDcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6578"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zOpI7YydsYxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(447.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Commodities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_ziJD80f9Zpp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(276.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVSP6MnBru26" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zD8pPCT9eyDe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6586"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwGRQ9D0XeP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6588"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVuU1w6e7TIh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6590"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuqwcjoVKdK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(275.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zQd0S1GVqTod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(185.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zfxRdAE8kPgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6596"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOBsy8DpWAY1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6598"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziWw3lgTxC5j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6600"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4ao1Ktzr3ud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6602"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zKtFgYctEibd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(185.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTUUjhVIYMn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zG6ujqeqdy9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6608"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKONNbS0UKv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6610"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zBBmL05POU93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6612"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zL3792DDwsYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6614"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zWt2ibBFN9Kh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Mexican Pesos&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z9FTfzniAIc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze6Bj3lp1mU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6620"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zfwz20lTDnd2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6622"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmK5PRIaIEWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6624"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zd4LYVMjTV77" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6626"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zG8s6dZTXGd9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zkh45Qm9MYP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zsOMQ3iDaV2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6632"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zrctLzvSJTa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6634"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhbnOuN3wArg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6636"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zvk1CC67HDWi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6638"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zVwJi9sq7cAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
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    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlvJ2RQkSwd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zaMuhKUOVO7f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6644"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlzhdOvqmcRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6646"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zpkxIlopQdl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6648"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zxqMyZ4C8wde" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6650"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zFIFucuZPW84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoMLKtEJ4942" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zJpQ5RgFkzt4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6656"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zgAAYmso0EU7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6658"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYKTwcJoCIL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6660"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zFz7FwEStwK5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6662"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zR4f8zY1sOxl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zXLceOAvD9f2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zT8dgNviJtja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6668"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zWXCzplnzl62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6670"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zELiGMiIB4fl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6672"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuniDPiV9jih" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6674"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zd8q4jioJ7qg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_ztq39ekB8FEf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(457.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zNQylyRLMEol" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zSS0svek7aT5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6682"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zwJ20GxJq9yj" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6684"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zs2o28qlcO73" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6686"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zmKhnyqnX7C9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(455.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

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    <abev:DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock_pn5n6_z8kcvW8iaGcc" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Notional and Fair Value Amounts per Instrument and Maturity (Details)"&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B2_zz0B17u5Kh8l" style="display: none"&gt;Schedule of Notional and fair value amounts per instrument
and maturity&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Notional Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2025&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&amp;gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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  &lt;tr style="vertical-align: bottom"&gt;
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    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuGOmLnW4Hk9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4,809.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zFj000DbuaDb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zWbJRNOVUCu3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6476"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziApHL8rWbke" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6478"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zeXk2JmChcG7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6480"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zB1xTmdqvdKb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6482"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4PW1SdNJsC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,874.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zZmsTb0LRRC6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zvXvsnZr95ag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6488"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_z6yHibdHBGtc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6490"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zIrXqFISX6m1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6492"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zRIW6xDpLVc6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6494"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zEIxcmo8ooZe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;Mexican Pesos&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z2FF0c2Lr2R9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zVlKKntcRAb5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6500"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zV3XMFqDg4Ah" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6502"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zof9FbNE0OU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6504"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zP7q3s66dfL6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6506"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zaiqOM0yQ45l" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;136.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zK6pyjN4Ytne" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zORqAaj7OtLb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6512"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zLgO2Q1ybDZc" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6514"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhlxcbt6nTIk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6516"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zWsyx9zAGvrh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6518"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zqu5EaGUOeHk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;226.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zcvXlJXmjuZ1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_z1aWhC7fA576" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6524"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zC6vOXl4wNhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6526"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zB8Nw3M8zXp5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6528"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zhqWPrqCCJBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6530"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zHwefR5GwVd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;226.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYUKFQ0qiB1d" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zwSCTiNOILa1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6536"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zyB9CJYQW0wh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6538"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zcPDaZFWt0Xd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6540"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zqd2cQgfUcF3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6542"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_z4ZqZybFL298" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;204.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;US Dollars&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zel6VzgsoKp" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zPeSiFz80sr6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6548"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zQCrvOQvoDP5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6550"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_z03q2ewHZpS6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6552"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zmRDBmxRzU7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6554"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuoCc6pxjUlk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;204.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zHsc0GN9uGqb" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,189.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zKfqLtZXgLr5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;95.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zAsoEtJuy9Ka" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6562"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zDKeESQAViT" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6564"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zy1Vf0FUTS71" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6566"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zb6cpFQupLAf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Notional value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;20,285.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair Value&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Exposure&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2024&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2025&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&amp;gt;2026&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Costs&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDn1omh75Rc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(449.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zDZlp09Okdu5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_z8ea7hqw9493" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6574"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zPqzoHA3Kz98" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6576"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zgAdugmLdDcj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6578"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalCostExposureMember_zOpI7YydsYxj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(447.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Commodities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_ziJD80f9Zpp4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(276.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVSP6MnBru26" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zD8pPCT9eyDe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6586"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zwGRQ9D0XeP2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6588"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zVuU1w6e7TIh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6590"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--CommoditiesRiskPortionOfCostExposureMember_zuqwcjoVKdK9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(275.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zQd0S1GVqTod" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(185.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zfxRdAE8kPgh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6596"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zOBsy8DpWAY1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6598"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_ziWw3lgTxC5j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6600"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_z4ao1Ktzr3ud" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6602"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfCostExposureMember_zKtFgYctEibd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(185.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Euros&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zTUUjhVIYMn7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zG6ujqeqdy9a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6608"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zKONNbS0UKv7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6610"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zBBmL05POU93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6612"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zL3792DDwsYd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6614"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--EurosRiskPortionOfCostExposureMember_zWt2ibBFN9Kh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Mexican Pesos&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_z9FTfzniAIc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_ze6Bj3lp1mU8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6620"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zfwz20lTDnd2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6622"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zmK5PRIaIEWf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6624"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zd4LYVMjTV77" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6626"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--MexicanPesosRiskPortionOfCostExposureMember_zG8s6dZTXGd9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;10.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fixed assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zkh45Qm9MYP3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zsOMQ3iDaV2a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6632"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zrctLzvSJTa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6634"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zhbnOuN3wArg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6636"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zvk1CC67HDWi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6638"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFixedAssetExposureMember_zVwJi9sq7cAg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(3.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlvJ2RQkSwd5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zaMuhKUOVO7f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6644"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zlzhdOvqmcRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6646"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zpkxIlopQdl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6648"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zxqMyZ4C8wde" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6650"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfFixedAssetsExposureMember_zFIFucuZPW84" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td colspan="8" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Expenses&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zoMLKtEJ4942" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zJpQ5RgFkzt4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6656"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zgAAYmso0EU7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6658"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zYKTwcJoCIL3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6660"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zFz7FwEStwK5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6662"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalExpensesExposureMember_zR4f8zY1sOxl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(4.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;US Dollars&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zXLceOAvD9f2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zT8dgNviJtja" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6668"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zWXCzplnzl62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6670"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zELiGMiIB4fl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6672"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zuniDPiV9jih" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6674"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--USDollarsRiskPortionOfTheExpensesExposureMember_zd8q4jioJ7qg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(4.1)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_ztq39ekB8FEf" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(457.1)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zNQylyRLMEol" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zSS0svek7aT5" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6682"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zwJ20GxJq9yj" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6684"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zs2o28qlcO73" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6686"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn5n6_c20221231__ifrs-full--TypesOfRisksAxis__custom--TotalFinancialRiskExposureMember_zmKhnyqnX7C9" style="border-top: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Fair Value"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(455.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;

</abev:DisclosureOfNotionalAndFairValueAmountsPerFinancialInstrumentAndMaturityTextBlock>
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    <abev:DisclosureOfTermsAndDebtRepaymentsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfTermsAndDebtRepaymentsTextBlock_pn5n6_zWrvsWJfNMA8" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Terms and Debt Repayment Schedule (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BF_zDo4dLM9vlUc" style="display: none"&gt;Schedule of terms and debt repayments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Contractual cash flows&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Less than 1 year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;1-2 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2-3 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;3-5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;More than 5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade and other payables (i)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zHi2LI128CZ3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;39,354.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_z6u81wpeneT2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;40,656.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zXSY5xvvMwb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;36,818.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zh8Ep2fhzcy4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;86.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_zNuWB6zIWOpd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,275.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zIeNVetbubRb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,008.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zh8p10cjnXu9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,467.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zHxaTnqKF2jj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;180.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zkFGjD60vIvf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;245.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z6dT64d0DaW4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;68.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zrrvEr2hTpN1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z1hGy2pEPsVe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;25.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zar2ah2BJPG6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zT6pMEp7mhyb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;75.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zYHjJDwaujAl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;472.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember_zVPrXnO3OMag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;759.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAhUYsWran19" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;169.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zDyClbGcv7t4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;156.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zHRKnhyRTnk3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;151.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zE80EXEsvowe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;165.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zyKQRisdPBzb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;115.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Lease liabilities&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--Borrowings_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_ziJK9Z5sKyZ2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,117.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember_zWPWHERh6rfh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,657.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRe96PFjya74" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;962.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zBY3VDBtXyah" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,008.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zONBn5SfADq2" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;621.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zK7pklR5Kcu" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;696.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z4MuaeS45Ioa" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;368.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20221231_z8IrAMxnblEb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;43,125.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20221231_ztUQ8ApoT8Kk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;45,318.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zRKTPhZHeaIg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;38,019.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zLasnJBeNpGh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,278.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_ztVeJFixL5Jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,072.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zqOt1n0QfRca" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1,921.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z72gfbjQ0N14" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,026.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F01_zU7r1PC25mA8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F18_zMyTTxyZcBea" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#x2019;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 23%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Carrying amount&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Contractual cash flows&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Less than 1 year&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;1-2 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2-3 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 6%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;3-5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 10%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;More than 5 years&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade and other payables (i)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zU3VhTAu9gLe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;38,976.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember_fKGkp_zur7M7WAavH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;40,186.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_fKGkp_zlFTS0lmI1n7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34,690.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_fKGkp_zb4HT6LS95y9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,279.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_fKGkp_z1kxmoGLvOd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,248.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_fKGkp_zgbico1h9IB7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;327.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--TradeAndOtherPayablesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_fKGkp_zbtdEdYYpzg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,639.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Secured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_z1XVOW6FN1ek" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;247.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember_zilOtz4PXqK2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;328.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zAuONYnX52H7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;88.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zuscfgvDTHz4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;61.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zQKDbQBtPR1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zYLib6L7Cufi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;50.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--SecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zVYGhiit44t" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;100.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Unsecured bank loans&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--Borrowings_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zhWMQe20Soa6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Carrying amount"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember_zQhIenq2ST38" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNl04Yup9kPl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;84.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zoBQvWWVKZ2i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6797"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z0kk9Xw27qx1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6799"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zA1OWr81Anzk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6801"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--UnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_z5eAwm3YBJw1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6803"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other unsecured loans&lt;/span&gt;&lt;/td&gt;
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    &lt;td id="xdx_983_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zYZnhXqeOLw6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;48.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zMZSK4CO6Ggd" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;29.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__custom--OtherUnsecuredBankLoansMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zGOBFJiCRNSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;20.7&#160;&lt;/span&gt;&lt;/td&gt;
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  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
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    &lt;td id="xdx_988_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_z8XUihiBtP1i" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;788.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zSQHScZzTP1d" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;756.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zBpO6suNKyYc" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;550.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zJteQh6h5b3f" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;422.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--ClassesOfLiabilitiesAxis__ifrs-full--LeaseLiabilitiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zSTeqJRt92Ic" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;553.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
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    &lt;td id="xdx_98E_eifrs-full--NotionalAmount_iI_pn5n6_c20211231_z3WWu0ZNwwj9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;43,904.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zkkgbU4FXMIa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;35,698.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zEBBvsMsOreb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,145.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zl4NVZDiXu13" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,855.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFiveYearsMember_zaXWTfRWGtij" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;820.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--NotionalAmount_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zmRgnjhdka21" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Contractual cash flows"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,384.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F02_z5vvHKjPbiJ3" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1A_zgWmDfoyXFvd" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;Mainly includes amounts related to suppliers, taxes, fees and contributions payables, dividends and interest on equity payable, salaries
and charges, put options related to the Company&#x2019;s participation in subsidiaries and other liabilities, except for related parties,
with payment term of less than one year.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


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      unitRef="BRL">88900000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      decimals="-5"
      unitRef="BRL">61700000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-5"
      unitRef="BRL">26400000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember"
      decimals="-5"
      unitRef="BRL">50400000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_SecuredBankLoansMember_ifrs-full_LaterThanFiveYearsMember"
      decimals="-5"
      unitRef="BRL">100700000</ifrs-full:NotionalAmount>
    <ifrs-full:Borrowings
      contextRef="AsOf2021-12-31_custom_UnsecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">84100000</ifrs-full:Borrowings>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_UnsecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">84100000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_UnsecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">84100000</ifrs-full:NotionalAmount>
    <ifrs-full:Borrowings
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">130100000</ifrs-full:Borrowings>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredBankLoansMember"
      decimals="-5"
      unitRef="BRL">234700000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">46500000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      decimals="-5"
      unitRef="BRL">48200000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-5"
      unitRef="BRL">29100000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember"
      decimals="-5"
      unitRef="BRL">20700000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_custom_OtherUnsecuredBankLoansMember_ifrs-full_LaterThanFiveYearsMember"
      decimals="-5"
      unitRef="BRL">90200000</ifrs-full:NotionalAmount>
    <ifrs-full:Borrowings
      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember"
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      unitRef="BRL">2639300000</ifrs-full:Borrowings>
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      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember"
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      unitRef="BRL">3070900000</ifrs-full:NotionalAmount>
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      unitRef="BRL">788500000</ifrs-full:NotionalAmount>
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      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"
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      unitRef="BRL">756100000</ifrs-full:NotionalAmount>
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      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-5"
      unitRef="BRL">550700000</ifrs-full:NotionalAmount>
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      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember"
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      unitRef="BRL">422400000</ifrs-full:NotionalAmount>
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      contextRef="AsOf2021-12-31_ifrs-full_LeaseLiabilitiesMember_ifrs-full_LaterThanFiveYearsMember"
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      unitRef="BRL">553200000</ifrs-full:NotionalAmount>
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    <ifrs-full:NotionalAmount contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">43904000000.0</ifrs-full:NotionalAmount>
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      unitRef="BRL">35698600000</ifrs-full:NotionalAmount>
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      unitRef="BRL">2145700000</ifrs-full:NotionalAmount>
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      contextRef="AsOf2021-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"
      decimals="-5"
      unitRef="BRL">2855000000.0</ifrs-full:NotionalAmount>
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      contextRef="AsOf2021-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember"
      decimals="-5"
      unitRef="BRL">820700000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanFiveYearsMember"
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      unitRef="BRL">2384000000.0</ifrs-full:NotionalAmount>
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      contextRef="From2022-01-012022-12-31_custom_EquitySwapTransactionMember"
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      unitRef="BRL">78000000.0</ifrs-full:GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89A_eifrs-full--DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_pn5n6_zPSFmM9ffA6" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - FINANCIAL INSTRUMENTS AND RISKS - Consolidated Financial Instrument (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_z6KJ30662FE" style="display: none"&gt;Schedule of consolidated financial
instruments&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Amortized cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair value through profit or loss&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 15%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash and cash equivalents less bank overdrafts&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zo2O5YhCPyqb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,852.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zzUcjTGST4S5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6854"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z0tPkQ1cnJua" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;14,852.1&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables excluding prepaid expenses&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zAHmMG9KflA5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,791.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_znfI5rBtBFAi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6860"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zNWnN1rddAs7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,791.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z0c6efVuDvO" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;219.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z8Z3gMGXd8xk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zsP4N5Ct8nc3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;673.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_pn6n5" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6870"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zQs2G41Kec03" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zBrsx2vkdkif" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.8&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_z4zv3XUtsXJh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;22,862.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zOleVAbmFc8i" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;728.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20221231_z4bczyr3B2Fb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;23,590.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_z1M07AQcB9m9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;24,837.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zoIrdPKwsgld" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;24,837.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Put options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zhNiWJaextSi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,060.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_ztQrvWCbHwzl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,060.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_z0nKmLUXJr4k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;729.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zMzLjxw3lSb1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;729.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-bearing loans and borrowing&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zNosUjKSwGZi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,770.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;-&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_z8ltolsppQBa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,770.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZqwtfVRKlx6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,015.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zvZGtik0KQF3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;333.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zFUfUak6RhI6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,349.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zbPKVO2wA1o7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;30,624.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_z2uJvLSJyyF4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,123.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn5n6_c20221231_zFfIYCnsv0X3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;34,747.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;





&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 46%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Amortized cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Fair value through profit or loss&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Total&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial assets&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td colspan="3" style="vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cash and cash equivalents less bank overdrafts&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zZhiFkX1eyN9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;16,597.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_zdeEl9ovcD9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6912"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetCashAndCashEquivalentsMember_z4PvLJIHRJhb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;16,597.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade receivables excluding prepaid expenses&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_zZG5y14e3ai2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,084.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z6vwGe3l8XPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6918"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--TradeReceivablesMember_z9qvexCcZ6M5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;7,084.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Investment securities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zovDtB9Zg5Z3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;192.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_z9BawY2FJNm3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--FinancialAssetInvestmentSecuritiesMember_zoBSvC2zoFel" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;2,107.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialAssets_iI_pn6n5_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zk9CYxQ9EMg1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6928"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_zIcEmGVGnb49" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;599.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeHedgeMember_z406EQUQP3I3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;599.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtAmortisedCostCategoryMember_zKZYd3OtA3Zh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;23,874.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zuCyjVOpJ5Fa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,513.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialAssets_iI_pn5n6_c20211231_zbcNJJpZvNO4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial asset"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;26,388.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="4" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Financial liabilities&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Trade payables&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zf64vjYBbiCi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;25,695.0&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--TradePayableMember_zWQ5SYRGoLF" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;25,695.0&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Put options granted on subsidiaries&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zF4Ugf6EfZH3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,291.4&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--PutOptionGrantedOnSubsidiaryMember_zQGoBQsXZEsk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,291.4&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives hedges&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zTM6htSQ78Z9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;492.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--DerivativeHedgeMember_zFm9BBosMo54" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;492.5&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Interest-bearing loans and borrowing&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zSEwRRFHzrJ4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,100.6&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;-&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--InterestbearingLoansAndBorrowingsMember_zIJ1DjzqjGwl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;3,100.6&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Other liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zZ4AJ1VEIOSd" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2,263.7&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zn6QkO9gIT8k" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;194.7&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--OtherLiabilities1Member_zGevWrgYVJ83" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;2,458.4&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtAmortisedCostCategoryMember_zNmSwaUDaBOg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;31,059.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231__ifrs-full--CategoriesOfFinancialLiabilitiesAxis__ifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_zrXYxGi0Dw4g" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;3,978.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--FinancialLiabilities_iI_pn5n6_c20211231_zytjIUftMKH5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liability"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;35,037.9&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory>
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      unitRef="BRL">728300000</ifrs-full:FinancialAssets>
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      unitRef="BRL">3060300000</ifrs-full:FinancialLiabilities>
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      unitRef="BRL">3060300000</ifrs-full:FinancialLiabilities>
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  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B7_zmPnZQQARLbi" style="display: none"&gt;Schedule of fair value measurement&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_493_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zowJmDGyt9K5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_497_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zwrNyf9OVvjh" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkSfda33qYGd" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20221231_zefytfbl5Pse" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49A_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zAEmGWNxa4b5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_49F_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zmhJ721RS0H2" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_492_20211231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zFcIVeDzaXd5" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_491_20211231_zp6vZZeL2u75" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: center"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 31%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 7%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 1&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 8%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 2&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Level 3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 9%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial assets&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_404_eifrs-full--FinancialAssetsAtFairValueThroughProfitOrLoss_iI_pn5n6_maFAAFVzkse_zHQ3esIkpkN7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Financial asset at fair value through profit and loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6971"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6972"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;454.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6975"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6976"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1,914.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_ecustom--DerivativeFinancialAssetsHeldForHedgingOperationalHedges_iI_pn5n6_maFAAFVzkse_zNkPzqNl9hw" style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives - operational hedge&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;57.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;216.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6981"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;273.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;159.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;439.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6985"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;599.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--FinancialAssetsAtFairValue_iTI_pn5n6_mtFAAFVzkse_ztiXT7GrBZD7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;511.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;216.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6990"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;728.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,073.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;439.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6994"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;2,513.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&lt;span style="text-decoration: underline"&gt;Financial liabilities&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40F_eifrs-full--FinancialLiabilitiesAtFairValueThroughProfitOrLoss_iI_pn5n6_maFLAFVzw0K_z1I8y2cZ67P7" style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Financial liabilities at fair value through profit and loss&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6997"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl6998"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,393.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,393.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7001"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7002"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,486.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3,486.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_402_ecustom--DerivativeFinancialLiabilitiesHeldForHedgingOperationalHedge_iI_pn5n6_maFLAFVzw0K_zN7bclazl1Pj" style="background-color: White"&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Derivatives - operational hedge&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;76.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;653.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7008"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;729.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;193.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;299.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7012"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;492.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_408_eifrs-full--FinancialLiabilitiesAtFairValue_iTI_pn5n6_mtFLAFVzw0K_z1Wk6JUDb5pf" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="color: rgb(204,238,255); white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;Total&lt;/td&gt;
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    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;653.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,393.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;4,123.3&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;193.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;299.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,486.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;3,978.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
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  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8BB_zxfAJoULueFg" style="display: none"&gt;Schedule of Reconciliation of changes in the assets&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; width: 78%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Financial liabilities at December 31, 2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--FinancialLiabilities_iS_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z4TCq9q59GX8" style="white-space: nowrap; vertical-align: bottom; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Financial liabilities balance"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;3,486.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160; Acquisition of investments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PurchasesFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zkk9o0DKgJR" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Acquisition of investments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;161.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: justify"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Total gains and losses during the period&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--LossesGainsRecognizedInTheYearFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z5tiLp8Sr8ed" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total gains and losses during the period"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;(253.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160; Losses/(gains) recognized in net income&lt;/span&gt;&lt;/td&gt;
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  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&#160; Losses/(gains) recognized in equity&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--GainsLossesRecognisedEquityFairValueMeasurementLiabilities_pn5n6_c20220101__20221231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7YoM56ivNfd" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Losses/(gains) recognized in equity"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;(207.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Financial liabilities at December 31, 2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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  &lt;/table&gt;
</ifrs-full:DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory>
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      unitRef="BRL">3284800000</abev:PutOptionsFairValue>
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    <abev:InstrumentsSharingCharacteristicHighlyLiquidInvestments contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1152800000</abev:InstrumentsSharingCharacteristicHighlyLiquidInvestments>
    <abev:DisclosureOfCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOtherTextBlock contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80C_ecustom--DisclosureOfCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOtherTextBlock_z8EGwFG1psWb" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td style="text-align: justify; width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;29.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="text-align: justify; width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_034"/&gt;&lt;span id="xdx_828_z9Ug63fjgKwb"&gt;COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND
OTHERS&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_pn5n6_zqRNEGMVZQA1" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Components of Collateral and Commitments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zRmQ1VVpqGF6" style="display: none"&gt;Schedule of commitments and contingent liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 48%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Collateral given for the Company&#x2019;s own liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20221231_zfUKokTkX4jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;764.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20211231_zWZrdlboILbk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;788.6&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other commitments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20221231_z14Gb3MR1IW1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;1,368.1&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20211231_z4gb7HvkJBWf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;1,719.1&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20221231_znmq30ab7q1e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2,132.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zDYnSSp0GR42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2,507.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Commitments to suppliers&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20221231_zIX4Xtj3DeRg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Commitments to suppliers"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;50,365.3&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20211231_zdPYHtjUB0N4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Commitments to suppliers"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;51,562.0&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zemYR89ZxgX1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;50,365.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_z1oYN06smiqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;51,562.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 5pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p id="xdx_8A6_zVmJa3px8Bdj" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;The collateral provided for liabilities totaled
approximately R$&lt;span id="xdx_908_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20221231_zvBHQqvTMZW1" title="Collateral and other commitments"&gt;2,132.6&lt;/span&gt; as at December 31, 2022 (R$&lt;span id="xdx_900_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zBdYnjTfGN5i" title="Collateral and other commitments"&gt;2,507.7&lt;/span&gt; as at December 31, 2021), including R$&lt;span id="xdx_90D_ecustom--CashGuarantees_iI_pn5n6_c20221231_z3vH1j384pPc" title="Cash guarantees"&gt;744.0&lt;/span&gt; (R$&lt;span id="xdx_906_ecustom--CashGuarantees_iI_pn5n6_c20211231_zIhmqrDf9eA3" title="Cash guarantees"&gt;682.6&lt;/span&gt; as at December 31, 2021)
of cash guarantees. The deposits in cash used as guarantees are presented as part of other assets. To provide the guarantees required
for derivatives exchanges and/or counterparties contracted in certain derivative financial instrument transactions, as at December 31,
2022, Ambev maintained R$&lt;span id="xdx_90F_ecustom--GuaranteesHeldForDerivativeInstruments_iI_pn5n6_c20221231_zz63qIg2xMtl" title="Guarantees held for derivative instruments"&gt;376.9&lt;/span&gt; (R$&lt;span id="xdx_900_ecustom--GuaranteesHeldForDerivativeInstruments_iI_pn5n6_c20211231_zJSXR9IBFBkh" title="Guarantees held for derivative instruments"&gt;1,152.8&lt;/span&gt; as at December 31, 2021) in highly liquid financial investments or in cash, classified as cash
and cash equivalents and investment securities (Note 28 - &lt;i&gt;Financial instruments and risks&lt;/i&gt;).&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Most of the balance relates to commitments to
suppliers of packaging.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;Future contractual
commitments as at &lt;/span&gt;December 31, 2022 &lt;span style="background-color: white"&gt;and &lt;/span&gt;2021 &lt;span style="background-color: white"&gt;are
as follow:&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfFutureContractualCommitmentsTextBlock_pn5n6_zMPuBxM4YPOb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Future Contractual Commitments (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_zKRhRu9h2N6k" style="display: none"&gt;Schedule
of future contractual commitments&lt;/span&gt; &lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 47%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Less than 1 year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zxJkSpOTQVWi" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;12,491.0&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCT0AB8zHBG8" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;11,559.9&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Between 1 and 2 years&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zXCK39VKSv11" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10,315.3&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zHzYPbNthI4l" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;9,982.2&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;More than 2 years&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_zMOlYMoQgkyb" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;27,559.0&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_z6R6IIaLnwsj" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;30,019.9&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zhZKrJwDhphl" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;50,365.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_zHuMWWpHBD1g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;51,562.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AF_zEBnQJbZring" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</abev:DisclosureOfCollateralAndContractualCommitmentsWithSuppliersAdvancesFromCustomersAndOtherTextBlock>
    <ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_pn5n6_zqRNEGMVZQA1" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Components of Collateral and Commitments (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B3_zRmQ1VVpqGF6" style="display: none"&gt;Schedule of commitments and contingent liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 48%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Collateral given for the Company&#x2019;s own liabilities&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20221231_zfUKokTkX4jl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;764.5&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue_iI_pn5n6_c20211231_zWZrdlboILbk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;788.6&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other commitments&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20221231_z14Gb3MR1IW1" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;1,368.1&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--OtherCommitmentsHeld_iI_pn5n6_c20211231_z4gb7HvkJBWf" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;1,719.1&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20221231_znmq30ab7q1e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2,132.6&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--CollateralAndOtherCommitments_iI_pn5n6_c20211231_zDYnSSp0GR42" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2,507.7&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Commitments to suppliers&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20221231_zIX4Xtj3DeRg" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Commitments to suppliers"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;50,365.3&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--CommitmentsWithSuppliers_iI_pn5n6_c20211231_zdPYHtjUB0N4" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Commitments to suppliers"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;51,562.0&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zemYR89ZxgX1" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;50,365.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_z1oYN06smiqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Total"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;51,562.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 5pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory>
    <ifrs-full:AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">764500000</ifrs-full:AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue>
    <ifrs-full:AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">788600000</ifrs-full:AssetsHeldAsCollateralPermittedToBeSoldOrRepledgedAtFairValue>
    <abev:OtherCommitmentsHeld contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">1368100000</abev:OtherCommitmentsHeld>
    <abev:OtherCommitmentsHeld contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1719100000</abev:OtherCommitmentsHeld>
    <abev:CollateralAndOtherCommitments contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2132600000</abev:CollateralAndOtherCommitments>
    <abev:CollateralAndOtherCommitments contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">2507700000</abev:CollateralAndOtherCommitments>
    <abev:CommitmentsWithSuppliers contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">50365300000</abev:CommitmentsWithSuppliers>
    <abev:CommitmentsWithSuppliers contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">51562000000.0</abev:CommitmentsWithSuppliers>
    <abev:TotalExposureLiabilities contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">50365300000</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">51562000000.0</abev:TotalExposureLiabilities>
    <abev:CollateralAndOtherCommitments contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">2132600000</abev:CollateralAndOtherCommitments>
    <abev:CollateralAndOtherCommitments contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">2507700000</abev:CollateralAndOtherCommitments>
    <abev:CashGuarantees contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">744000000.0</abev:CashGuarantees>
    <abev:CashGuarantees contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">682600000</abev:CashGuarantees>
    <abev:GuaranteesHeldForDerivativeInstruments contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">376900000</abev:GuaranteesHeldForDerivativeInstruments>
    <abev:GuaranteesHeldForDerivativeInstruments contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">1152800000</abev:GuaranteesHeldForDerivativeInstruments>
    <abev:DisclosureOfFutureContractualCommitmentsTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfFutureContractualCommitmentsTextBlock_pn5n6_zMPuBxM4YPOb" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS - Future Contractual Commitments (Details)"&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B4_zKRhRu9h2N6k" style="display: none"&gt;Schedule
of future contractual commitments&lt;/span&gt; &lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 47%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 26%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Less than 1 year&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zxJkSpOTQVWi" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;12,491.0&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCT0AB8zHBG8" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;11,559.9&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Between 1 and 2 years&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zXCK39VKSv11" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;10,315.3&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zHzYPbNthI4l" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;9,982.2&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;More than 2 years&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_zMOlYMoQgkyb" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;27,559.0&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231__ifrs-full--MaturityAxis__custom--LaterThanTwoYearsMember_z6R6IIaLnwsj" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;30,019.9&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TotalExposureLiabilities_iI_pn5n6_c20221231_zhZKrJwDhphl" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;50,365.3&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TotalExposureLiabilities_iI_pn5n6_c20211231_zHuMWWpHBD1g" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Future contractual commitments"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;51,562.0&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</abev:DisclosureOfFutureContractualCommitmentsTextBlock>
    <abev:TotalExposureLiabilities
      contextRef="AsOf2022-12-31_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">12491000000.0</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities
      contextRef="AsOf2021-12-31_ifrs-full_NotLaterThanOneYearMember"
      decimals="-5"
      unitRef="BRL">11559900000</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities
      contextRef="AsOf2022-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      decimals="-5"
      unitRef="BRL">10315300000</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities
      contextRef="AsOf2021-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"
      decimals="-5"
      unitRef="BRL">9982200000</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities
      contextRef="AsOf2022-12-31_custom_LaterThanTwoYearsMember"
      decimals="-5"
      unitRef="BRL">27559000000.0</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities
      contextRef="AsOf2021-12-31_custom_LaterThanTwoYearsMember"
      decimals="-5"
      unitRef="BRL">30019900000</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities contextRef="AsOf2022-12-31" decimals="-5" unitRef="BRL">50365300000</abev:TotalExposureLiabilities>
    <abev:TotalExposureLiabilities contextRef="AsOf2021-12-31" decimals="-5" unitRef="BRL">51562000000.0</abev:TotalExposureLiabilities>
    <ifrs-full:DisclosureOfContingentLiabilitiesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_800_eifrs-full--DisclosureOfContingentLiabilitiesExplanatory_zttaSlPYPuyi" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/110% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;30.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_035"/&gt;&lt;span id="xdx_823_znjT7p2mwtak"&gt;CONTINGENCIES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company has contingent liabilities related to lawsuits
arising in the normal course of its business. &lt;span style="background-color: white"&gt;Due to their nature, such legal proceedings involve
certain uncertainties including, but not limited to, court and tribunal rulings, negotiations between affected parties and governmental
actions, and therefore the Company&#x2019;s management cannot estimate the likely timing of the resolution of these matters at this stage.
&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Contingent liabilities with a probable outcome are fully recorded
as liabilities (Note 27 - &lt;i&gt;Provisions&lt;/i&gt;).&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries have administrative
and judicial discussions with tax authorities in Brazil related to certain tax treatments adopted when calculating the income tax and
social contribution, for which, based on Management&#x2019;s current evaluation, is probable that the tax authorities will accept the
uncertain tax treatment, in accordance with IFRIC 23. The Company also has lawsuits related to other taxes, which involve risk of a possible
loss. To these uncertain tax treatments and possible contingencies there are no provisions recorded, due to the assessment carried out
by Management, with the following composition and estimates:&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfEstimatesOfPossibleLossesTextBlock_pn5n6_zEBLkvZf6O2b" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CONTINGENCIES - Estimates of Amounts of Possible Losses (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B9_zcYZgiaTMhYj" style="display: none"&gt;Schedule of estimates of possible losses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 28%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Income tax and social contribution&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--IncomeTaxAndSocialContributionMember_zuYz8zWEz8za" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;60,453.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--IncomeTaxAndSocialContributionMember_z6jWTMe6vgn3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;54,258.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Value-added and excise taxes&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--ValueAddedAndExciseTaxesMember_zOjORTA3B30j" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;25,904.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--ValueAddedAndExciseTaxesMember_zHJLwQ3HOTIj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;23,912.4&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;PIS and COFINS&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PISAndCOFINSTaxContingentLiabilityMember_z1iDhGfWHyn" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3,293.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PISAndCOFINSTaxContingentLiabilityMember_z4DmEx59rpx" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2,667.6&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Others&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z38rhrFjkYKh" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,909.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--OtherContingentLiabilitiesMember_z1OINrNIvzQ6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1,606.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231_zzbpA2QJPUpg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;91,560.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231_zVcw6ZdCrmx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;82,445.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A9_zvU9Ptx3vuK" style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries have guarantee-insurance
policies and letters of guarantee for some legal actions, presented as guarantee for civil, labor and tax executions or to enable resources
of labor nature.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Principal lawsuits with a likelihood of possible loss&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;b&gt;Brazilian Federal Taxes&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Goodwill InBev Holding&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In December 2011, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2005 to 2010 resulting from the InBev Holding Brasil S.A. merger with Ambev. At the administrative
level, Ambev received partially favorable decisions at both the Lower and Upper Administrative Court. Ambev filed judicial proceedings
to discuss the unfavorable portion of the decisions of the Lower and the Upper Administrative Court and requested injunctions to suspend
the enforceability of the remaining tax credit, which were granted.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In June 2016, Ambev received a new tax assessment charging
the remaining value of the goodwill amortization in calendar years 2011 to 2013 and filed a defense. Ambev received partially favorable
decisions at the first level administrative court and Lower Administrative Court. Ambev filed a Special Appeal which was partially admitted
and awaits judgment by the Upper Administrative Court. For the unfavorable portion of the decision, which became final at the administrative
level, Ambev filed a judicial proceeding requesting an injunction to suspend the enforceability of the remaining tax credit, which was
granted.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain tax position, as per
IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policie&lt;/i&gt;s, as at December 31, 2022 was approximately
R$&lt;span id="xdx_905_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zRs9sQh08EW7"&gt;11.1
&lt;/span&gt;billion (R$&lt;span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zEbWCf064PFa"&gt;10.4
&lt;/span&gt;billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit. In the event Ambev is required to pay these amounts, AB-Inbev will reimburse Ambev the amount proportional (&lt;span id="xdx_907_ecustom--EstimatedFinancialEffectOfContingentLiabilitiesPercentageReimbursement_iI_pip0_dp_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--InbevHoldingBrasilSaMember_zuaROXkPdg7c"&gt;70&lt;/span&gt;%)
to the benefit received by the company pursuant to the merger protocol, as well as the related costs.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Goodwill Beverage Associate Holding (BAH)&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In October 2013, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2007 to 2012 resulting from the merger of Beverage Associates Holding Limited (&#x201c;BAH&#x201d;)
into Ambev. The decision from the first level administrative court was unfavorable to Ambev. Ambev filed an appeal with the Lower Administrative
Court against the decision, which was partially granted. Ambev and the tax authorities filed Special Appeals to the Upper Administrative
Court. In July 2022, the Upper Administrative Court rendered a partially favorable decision to Ambev. The decision did not recognize the
Special Appeal filed by the tax authorities, thereby preserving the portion of the decision rendered by the Lower Administrative Court
that was favorable to Ambev with respect to the qualified penalties applied and the statute of limitation for one of the calendar years
under discussion; this portion of the decision is final. Ambev will file a judicial proceeding to appeal the unfavorable
portion of the decision.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In April and August 2018, Ambev received new tax assessments
charging the remaining value of the goodwill amortization in calendar years 2013 to 2014 and filed defenses. In April 2019, the first
level administrative court rendered unfavorable decisions to Ambev. As a result, thereof, Ambev appealed to the Lower Administrative Court.
In November and&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;December 2019, Ambev received partially favorable decisions
at the Lower Administrative Court. Ambev and the tax authorities filed Special Appeals to the Upper Administrative Court. The Special
Appeals filed in both tax assessments are awaiting judgment by the Upper Administrative Court.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, as at December
31, 2022 was approximately R$&lt;span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BeverageAssociatesHoldingLimitedMember_zvn0Q1EKCSU1"&gt;2.2
&lt;/span&gt;billion (R$&lt;span id="xdx_903_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BeverageAssociatesHoldingLimitedMember_zwigQZpDkySb"&gt;2.3
&lt;/span&gt;billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Goodwill CND Holdings&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In November 2017, Ambev received a tax assessment related
to the goodwill amortization in calendar years 2012 to 2016 resulting from the merger of CND Holdings into Ambev. The decision from the
first level administrative court was unfavorable to Ambev. Ambev filed an appeal to the Lower Administrative Court. In February 2020,
the Lower Administrative Court rendered a partially favorable decision. Ambev and the tax authorities filed Special Appeals to the Upper
Administrative Court. The Special Appeal filed by Ambev was partially admitted and is awaiting judgment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In October 2022, Ambev received a new tax assessment
charging the remaining value of the goodwill amortization in calendar year 2017. Ambev has filed a defense and awaits judgment by the
first level administrative court.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, as at December
31, 2022 was approximately R$&lt;span id="xdx_90B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--CerveceraNacionalDominicanaSaMember_zrxH1iVVxCXe" title="Estimated financial effect of contingent liabilities"&gt;1.3&lt;/span&gt; billion (R$&lt;span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--CerveceraNacionalDominicanaSaMember_zgWE0W8Ai698" title="Estimated financial effect of contingent liabilities"&gt;0.9&lt;/span&gt; billion as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Goodwill MAG &lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In December 2022, CRBS S.A (a subsidiary of Ambev) received
a tax assessment related to the goodwill amortization in calendar years 2017 to 2020, resulting from the merger of RTD Barbados into CRBS.
Ambev filed a defense and awaits judgment by the first level administrative court.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, as at December
31, 2022 was approximately R$251 million. Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, continued to be applied by the Company impacting calendar
years following those assessed (2021- 2022). In a scenario CRBS is questioned on this matter for future periods, on the same basis and
under the same arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further
assessments would be consistent to the already assessed periods.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Foreign earnings&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; text-align: justify; margin-top: 0; margin-right: 0; margin-left: 0"&gt;&lt;span style="background-color: white"&gt;Since
2005, Ambev and certain of its subsidiaries have been receiving assessments from the Brazilian Federal Tax Authorities relating to the
profits of its foreign subsidiaries. The cases are being challenged at both the administrative and judicial levels of the courts in Brazil.&#160;&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; text-align: justify; margin-right: 0; margin-left: 0"&gt;&lt;span style="background-color: white"&gt;The
administrative proceedings have resulted in partially favorable decisions, most of which are still subject to review by the Administrative
Court. In August 2022, the Upper Administrative Court rendered favorable decisions to Ambev on two cases related to the taxation of profits
of foreign subsidiaries, one of which recognized the application of the double tax treaty signed by Brazil to mitigate such taxation;
both decisions are final. In October 2022, the Lower Administrative Court rendered a favorable decision to Ambev on a third related case.
Ambev is awaiting formal notification of this decision to analyze its content and any applicable legal motions or appeals. In the judicial
proceedings, Ambev has received favorable injunctions that suspend the enforceability of the tax credit, as well as favorable first level
decisions, which remain subject to review by the second-level judicial court.&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;span style="background-color: white"&gt;The updated
assessed amount related to this uncertain tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of
Significant Accounting Policies&lt;/i&gt;, as at December 31, 2022 was approximately R$&lt;span id="xdx_904_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zMLu9vhrvc4j" title="Estimated financial effect of contingent liabilities"&gt;7.3&lt;/span&gt;
billion (R$&lt;span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zvAZwfEvIKqh" title="Estimated financial effect of contingent liabilities"&gt;7.5&lt;/span&gt;
billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the
lawsuit. For proceedings where it considers the chance of loss to be probable, Ambev recorded a provision in the total amount of
R$&lt;span id="xdx_908_eifrs-full--Provisions_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zkDEZyR9rnY4" title="Total provisions"&gt;58&lt;/span&gt;
million (R$&lt;span id="xdx_908_eifrs-full--Provisions_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--DepartmentOfFederalRevenueOfBrazilMember_zp24UfoIOIZc" title="Total provisions"&gt;54.1&lt;/span&gt;
million as at December 31, 2021)&lt;/span&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Disallowance of Expenses and Deductibility of Losses&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In 2015, 2016 and 2020, Ambev received tax assessments related
to the disallowance of alleged non-deductible expenses and the deduction of certain losses mainly associated to financial investments
and loans. Ambev presented defenses and, in November 2019, received a favorable decision at the first level administrative court regarding
the 2016 case, which is subject to mandatory review by the Lower Administrative Court. In June 2021, Ambev received a partially favorable
decision for the 2020 case at the first level administrative court and filed an appeal to the Lower Administrative Court. The favorable
portion of the decision is also subject to mandatory review by the Lower Administrative Court. In June 2022, Ambev received a partially
favorable decision at the first level administrative court regarding the 2015 case and filed an appeal to the Lower Administrative Court.
The favorable portion of the decision is also subject to mandatory review by the Lower Administrative Court.&lt;/p&gt;





&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain tax
position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, as at December
31, 2022 was approximately R$&lt;span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zz3X9nsXeLDe" title="Estimated financial effect of contingent liabilities"&gt;5.2&lt;/span&gt; billion (R$&lt;span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zSw3PVvANeZh" title="Estimated financial effect of contingent liabilities"&gt;5&lt;/span&gt; billion as at December 31, 2021). Ambev has not recorded any provisions for this matter based
on the probability of loss of the lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Disallowance of taxes paid abroad&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Since 2014, Ambev has been receiving tax assessments
from the Brazilian Federal Tax Authorities, for calendar years as of 2007, related to the disallowance of deductions associated with alleged
unproven taxes paid abroad by its subsidiaries and has been filing defenses. The cases are being challenged at both the administrative
and judicial levels. In November 2019, the Lower Administrative Court rendered a favorable decision to Ambev in one of the cases (related
to the 2010 tax period), which became definitive.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In January 2020, the Lower Administrative Court rendered
unfavorable decisions regarding four of these assessments related to the periods of 2015 and 2016. In these cases, Ambev filed Special
Appeals to the Upper Administrative Court which are pending judgment. With respect to the cases related to the periods of 2015, 2016,
tax assessments were filed to charge isolated fines due to the lack of monthly prepayments of income tax as a result of allegedly undue
deductions of taxes paid abroad. In 2021, Ambev received unfavorable decisions from the first level administrative court in two of these
assessments with respect to the 2015 and 2016 isolated fine cases, and filed appeals in connection therewith, which are pending judgment
by the Lower Administrative Court. In 2022, Ambev received an unfavorable decision from the first level administrative court in the second
assessment related to the 2016 isolated fine case and filed an appeal in connection therewith which awaits judgment by the Lower Administrative
Court. In October 2022, Ambev received a new tax assessment charging such isolated fine related to calendar year 2017. Ambev has filed
a defense in this case and awaits judgment by the first level administrative court.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The other cases are still awaiting final decisions at
both administrative and judicial courts.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this
uncertain tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;,
as at December 31, 2022 was approximately R$&lt;span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToTaxesPaidAbroadMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zeoBwKb23Ij7"&gt;12.6 &lt;/span&gt;billion
(R$&lt;span id="xdx_90B_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToTaxesPaidAbroadMember__ifrs-full--CounterpartiesAxis__custom--BrazilianTaxAuthoritiesMember_zdBRNwrchzzj"&gt;11.3 &lt;/span&gt;billion
as at December 31, 2021). Ambev has not recorded any provisions for this matter based on the probability of loss of the lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, continued to be applied by the Company impacting calendar
years following those assessed (2018- 2022). In a scenario Ambev is questioned on this matter for future periods, on the same basis and
under the same arguments as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further
assessments would be consistent to the already assessed periods.&lt;/p&gt;





&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In addition, Ambev has been charged isolated fines due
to the non-recognition of tax offsets. Ambev has filed defenses in these cases and awaits judgment by the Administrative Level. The constitutionality
of this penalty is under review at the Supreme Court of Justice (RE 796,939 e ADI 4,905). The updated assessed amount as at 31 December
2022 was approximately R$1.2 billion (R$1.1 billion as at December 31, 2021). Ambev has not recorded any provisions for this matter as
it considers the chance of loss to be possible.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Presumed Profit&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In April 2016, Arosuco (a subsidiary of Ambev) received
a tax assessment regarding the use of the &#x201c;presumed profit&#x201d; method for the calculation of income tax and the social contribution
on net profits instead of the &#x201c;real profit&#x201d; method. In September 2017, Arosuco received an unfavorable first level administrative
decision and filed an appeal. In January 2019, the Lower Administrative Court rendered a favorable decision to Arosuco, which became definitive.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In March 2019, Arosuco received a new tax assessment
regarding the same subject and filed a defense. In October 2019, Arosuco received an unfavorable first level administrative decision and
filed an appeal which is pending judgment.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, as at December
31, 2022 was approximately R$&lt;span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--ArosucoAromasESucosLtdaMember_zLaXnfhZuZv1" title="Estimated financial effect of contingent liabilities"&gt;581.5&lt;/span&gt; million (R$&lt;span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--ArosucoAromasESucosLtdaMember_zqwK8UK1gDmj" title="Estimated financial effect of contingent liabilities"&gt;534.5&lt;/span&gt; million as at December 31, 2021). Arosuco has not recorded any provisions for this
matter based on the probability of loss of the lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Disallowance of Income Tax deduction&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In January 2020, Arosuco (Ambev&#x2019;s subsidiary),
received a tax assessment from the Federal Revenue Service of Brazil regarding the disallowance of the income tax reduction benefit provided
for in Provisional Measure No. 2199-14/2001, for calendar years 2015 to 2018, and an administrative defense was filed. In October 2020,
the first level administrative Court rendered an unfavorable decision to Arosuco. Arosuco filed an appeal against the aforementioned decision
and awaits judgment by the Lower Administrative Court.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount as at December 31, 2022
was approximately R$&lt;span id="xdx_90F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_zHqsgBxSqc6k" title="Estimated financial effect of contingent liabilities"&gt;2.3&lt;/span&gt;
billion (R$&lt;span id="xdx_90F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToDisallowanceOnIncomeTaxDeductionMember_zVpnXz6exaFe" title="Estimated financial effect of contingent liabilities"&gt;2.1&lt;/span&gt;
billion as at December 31, 2021). Arosuco has not recorded any provision for this matter based on the probability of loss of the
lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;This uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, continued to be applied by the Company impacting calendar
years following those assessed (2019-2022) in which it benefited from&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;the income tax reduction provided for in Provisional Measure
No. 2199-14/2001. In a scenario Arosuco is questioned on this matter for future periods, on the same basis and arguments as the aforementioned
tax assessment, Arosuco management estimates that the outcome of such potential further assessments would be consistent to the already
assessed periods.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;Deductibility of IOC expenses&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In 2013, as approved in a Shareholders Meeting, Ambev
implemented a corporate restructuring with the purpose of simplifying its corporate structure and converting into a single class of shares
company, among other factors. One of the steps of such restructuring involved a contribution of shares followed by the merger of shares
of its controlled entity, Companhia de Bebidas das Am&#xe9;ricas, into Ambev. As one of the results of such restructuring, the counterpart
register of the positive difference between the value of shares issued for the merger and the net equity value of its controlled entity&#x2019;s
share was accounted, as per IFRS 10, in an equity account of Ambev referred to as carrying value adjustment.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In November 2019, Ambev received a tax assessment from
the Brazilian Federal Tax Authorities related to the interest on capital (&#x201c;IOC&#x201d;) deduction in 2014. The assessment refers
primarily to the accounting and corporate effects of the restructuring carried out by Ambev in 2013 and the impact on the increase in
the deductibility of IOC expenses. In August 2020, Ambev received a partially favorable decision at the first level administrative court
and filed an Appeal to the Lower Administrative Court, which awaits judgment. The favorable portion of the decision is subject to mandatory
review by the Lower Administrative Court.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In December 2020, Ambev received a new tax assessment
related to the deduction of the IOC in 2015 and 2016. The defense against such new tax assessment was filed by Ambev in January 2021.
In June 2021, Ambev received a partially favorable decision and filed an appeal to the Lower Administrative Court, which also awaits judgment.
Similar to the first tax assessment, the favorable portion of the decision is also subject to mandatory review by the Lower Administrative
Court.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In December 2022, Ambev received a new tax assessment
related to the deduction of the IOC in 2017. The defense against this new tax assessment was filed by Ambev in January 2023, which is
pending judgment by the first level administrative court.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, as at December
31, 2022 is approximately R$&lt;span id="xdx_90E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToIocExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zMzyzRQTNnrj" title="Estimated financial effect of contingent liabilities"&gt;13.8&lt;/span&gt; billion (R$&lt;span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatedToIocExpensesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zH7aeXzL4wPg" title="Estimated financial effect of contingent liabilities"&gt;10.5&lt;/span&gt; billion as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The uncertain tax position, as per IFRIC 23 and according
to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, continued to be adopted by the Company as it also distributed
IOC in the years following the assessed period (2018-2022) and deducted&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;such amounts from its Corporate Income Taxes taxable basis.
Therefore, in a scenario where the IOC deductibility would also be questioned for the period after 2017, on the same basis and arguments
as the aforementioned tax assessments, Ambev management estimates that the outcome of such potential further assessments would be consistent
to the already assessed periods.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Tax Loss Offset&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;Ambev and certain of its subsidiaries received
a number of assessments from the Brazilian Federal Tax Authorities relating to the offset of tax losses carried forward in the context
of business combinations.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;In February 2016, the Upper Administrative Court
ruled unfavorably to Ambev in two of these cases, following which Ambev filed judicial proceedings. In September 2016, Ambev received
a favorable first level decision in one of the judicial claims which was confirmed by the second-level judicial court in December 2022.
This decision is subject to appeal by the tax authorities. In March 2017, Ambev received an unfavorable first level decision with respect
to the second judicial case and filed an appeal, which is pending judgment by the second-level judicial court.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0 0 10pt; text-align: justify"&gt;There is a third case being challenged at the
administrative level in which an unfavorable decision was rendered to Ambev by the Lower Administrative Court in June 2019. Ambev has
appealed this decision and awaits judgment by the Upper Administrative Court.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The updated assessed amount related to this uncertain
tax position, as per IFRIC 23 and according to explanatory note 3 (q) - &lt;i&gt;Summary of Significant Accounting Policies&lt;/i&gt;, as at December
31, 2022 was approximately R$&lt;span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxLossOffsetMember_zDsFhI8vdt7d" title="Estimated financial effect of contingent liabilities"&gt;548&lt;/span&gt; million (R$&lt;span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TaxLossOffsetMember_zbp1RvSASOa7" title="Estimated financial effect of contingent liabilities"&gt;411.9&lt;/span&gt; million as at December 31, 2021). Ambev has not recorded any provisions for this matter
based on the probability of loss of the lawsuit.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;PIS and COFINS&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;PIS/COFINS over bonus products&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Since 2015, Ambev has received tax assessments issued
by the Brazilian Federal Tax Authorities relating to PIS/COFINS amounts allegedly due over bonus products granted to its customers. The
cases are being challenged at both the administrative and judicial levels of the courts. In 2019 and 2020, Ambev received final favorable
decisions at the administrative level in some of these cases and favorable decisions in other cases that are still subject to review.
At the judicial level, one case is pending decision by the second level judicial court after the first level judicial court rendered an
unfavorable decision to Ambev.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev management estimates the possible losses related
to these assessments at approximately R$&lt;span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zJqjW4Ztgy46" title="Estimated financial effect of contingent liabilities"&gt;1.6&lt;/span&gt; billion as at December 31, 2022 (R$&lt;span id="xdx_906_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zgXgNuCcCSgl" title="Estimated financial effect of contingent liabilities"&gt;1.8&lt;/span&gt; billion as at December 31, 2021).&lt;/p&gt;





&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;&lt;b&gt;ICMS and IPI&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;ICMS tax war&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev is currently challenging tax assessments issued by the
states of S&#xe3;o Paulo, Rio de Janeiro, Minas Gerais, among others, questioning the legality of ICMS tax credits arising from transactions
with companies that have had tax incentives granted by other states. The cases are being challenged at both the administrative and judicial
level of the courts.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In August 2020, the STF issued a binding decision (Extraordinary
Appeal No. 628.075) recognizing the constitutionality ruling that tax credits granted by the states in the context of the ICMS tax war
shall be consider unlawful. The decision also recognized that potential enforcement of tax assessments previously issued by the states
should abide by the tax incentives validation process provided for in Complementary Law No. 160/17.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;With respect to the assessments issued by the State of S&#xe3;o
Paulo regarding tax credits from the State of Amazonas, Ambev received unfavorable decisions at the second administrative level in April,
May and June 2022. In these cases, Ambev has filed a motion for reconsideration to the second administrative level. In turn, regarding
assessments received by the States of S&#xe3;o Paulo and Minas Gerais, among others, there were favorable decisions in 2022, which reduced
the reported contingency by approximately R$0.3 billion.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev&#x2019;s management estimates the possible losses related
to these assessments to be approximately R$&lt;span id="xdx_90E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_zjdmL5285DDj" title="Estimated financial effect of contingent liabilities"&gt;1.7&lt;/span&gt; billion as at December 31, 2022 (R$&lt;span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StatesOfSoPauloRioDeJaneiroMinasGeraisAndOtherStatesMember_zCkMuEO5R5f6" title="Estimated financial effect of contingent liabilities"&gt;2.0&lt;/span&gt; billion as at December 31, 2021) and have not recorded
any provisions in connection therewith.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;ICMS-ST Trigger&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;


&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;Over the year, Ambev has received tax assessments to charge
supposed ICMS differences considered due when the price of the products sold by Ambev is above the fixed price table basis established
by the relevant States, cases in which the State tax authorities understand that the calculation basis should be based on a value-added
percentage over the actual prices and not the fixed table price. Ambev is currently challenging those charges before the courts. The cases
are being challenged at both the administrative and judicial levels of the courts. Ambev management estimates the amount related to this
issue to be approximately R$&lt;span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--RelevantStatesMember_zjgsjIqpheek" title="Estimated financial effect of contingent liabilities"&gt;9.3&lt;/span&gt; billion as at December 31, 2022 (R$&lt;span id="xdx_909_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--TaxContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--RelevantStatesMember_z2nbMaYqfzvh" title="Estimated financial effect of contingent liabilities"&gt;8.4&lt;/span&gt; billion as at December 31, 2021), which is classified as a possible
loss and, therefore, for which Ambev has made no provision for the period.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;ICMS - PRODEPE&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In 2015, Ambev received a tax assessment issued by the State of Pernambuco to charge
ICMS differences due to an alleged non-compliance with the state tax incentive agreement (&#x201c;PRODEPE&#x201d;) as a result of the rectification
of its monthly reports. The state tax authorities understood that Ambev was not able to use the incentive due to this rectification. In
2017, Ambev had a final favorable decision in the sense that such&lt;/p&gt;




&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;assessment was null due to formal mistakes of the tax auditor. However, in September
2018, Ambev received a new tax assessment to discuss the same matter. With regards to this new tax assessment, in June 2020 Ambev received
the First Level Administrative decision, which was partially favorable to the Company in the sense of recognizing the miscalculation of
the tax incentive credit by the tax auditor. The favorable portion of the aforementioned decision is final and unappealable. As to the
unfavorable portion, Ambev filed an administrative appeal which is awaiting judgment. Furthermore, there are other assessments related
to PRODEPE, some of which are already being discussed in the judicial level.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0pt; text-align: justify"&gt;Ambev management estimates the possible losses related to this issue to be approximately
R$&lt;span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StateOfPernambucoMember_zAY6C6PzLnhl" title="Estimated financial effect of contingent liabilities"&gt;663.9&lt;/span&gt; million as at December 31, 2022 (R$&lt;span id="xdx_90D_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__ifrs-full--LegalProceedingsContingentLiabilityMember__ifrs-full--CounterpartiesAxis__custom--StateOfPernambucoMember_zqf1h3Knt2n2" title="Estimated financial effect of contingent liabilities"&gt;596.3&lt;/span&gt; million as at December 31, 2021) and has made no provision for the period.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Manaus Free Trade Zone - IPI and PIS/COFINS&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In Brazil, goods manufactured within the Manaus Free
Trade Zone intended for remittance elsewhere in Brazil are exempt and/or zero rated from IPI excise tax and social contributions (PIS/COFINS).
With respect to IPI, Ambev has been registering IPI excise tax presumed credits upon the acquisition of exempted goods manufactured therein.
Since 2009, Ambev has been receiving several tax assessments from the Brazilian Federal Tax Authorities relating to the disallowance of
such credits.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev has also been receiving charges from the Brazilian
Federal Tax Authorities in relation to (i) federal taxes allegedly unduly offset with the disallowed presumed IPI excise tax credits that
are under discussion in these proceedings and (ii) amounts of PIS and COFINS allegedly due over Arosuco&#x2019;s remittances to Ambev.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;In April 2019, the Federal Supreme Court (&#x201c;STF&#x201d;)
announced its judgment on Extraordinary Appeal No. 592,891/SP, with binding effects, deciding on the rights of taxpayers registering presumed
IPI excise tax credits on acquisitions of raw materials and exempted inputs originating from the Manaus Free Trade Zone. As a result of
this decision, Ambev reclassified part of the amounts related to the IPI cases as remote losses maintaining as possible losses only issues
related to other additional discussions that were not included in the analysis of the STF.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify"&gt;The cases are being challenged at both the administrative
and judicial levels. Ambev management estimates the possible losses in relation to these assessments to be R$&lt;span id="xdx_906_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_z5iPE75ObWai" title="Estimated financial effect of contingent liabilities"&gt;5.8&lt;/span&gt; billion as at December
31, 2022 (R$&lt;span id="xdx_90C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToManausFreeTradeZoneZfmMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_z1HpCziTIe16" title="Estimated financial effect of contingent liabilities"&gt;4.9&lt;/span&gt; billion as at December 31, 2020). Ambev has not recorded any provision in connection with these assessments.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0pt; text-align: justify"&gt;In addition, Ambev has been charged isolated fines due
to the non-recognition of tax offsets. Ambev has filed defenses in these cases and awaits judgment by the Administrative Level. The constitutionality
of this penalty is under review at the Supreme Court of Justice (RE&lt;/p&gt;




&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;796,939 e ADI 4,905). The updated assessed amount as at 31 December
2022 was approximately R$271.6 million (R$224 million as at December 31, 2021). Ambev has not recorded any provisions for this matter as
it considers the chance of loss to be possible.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;IPI Suspension&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;In 2014 and 2015, Ambev received tax assessments from the
Brazilian federal tax authorities relating to IPI excise tax allegedly due over remittances of manufactured goods to other related factories.
The cases are being challenged at both administrative and judicial levels. We&#x2019;ve received partially favorable decision at the administrative
level. In July 2022, Ambev received the first judicial decision on this matter; the decision was unfavorable to Ambev and Ambev have filed
an appeal.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;In October 2022, the Upper Administrative Court rendered a partially favorable
decision in one of the cases related to this matter. Ambev awaits the formal notification of this decision to assess whether any portion
of the tax assessment may be challenged at the judicial level.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;Ambev management estimates the possible losses related to these assessments to
be approximately R$&lt;span id="xdx_907_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20221231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToIpiExciseTaxesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_ziPIvkoztIC9" title="Estimated financial effect of contingent liabilities"&gt;1.7&lt;/span&gt; billion as at December 31, 2022 (R$&lt;span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn8n9_c20211231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--TaxContingentLiabilityRelatingToIpiExciseTaxesMember__ifrs-full--CounterpartiesAxis__custom--BrazilianFederalTaxAuthoritiesMember_zmfe8YZSxTjj" title="Estimated financial effect of contingent liabilities"&gt;1.6&lt;/span&gt; billion as at December 31, 2021). Ambev has not recorded any provision in
connection with these assessments.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;ICMS &#x2013; AM&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 10pt/110% Arial,sans-serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In 2016, Arosuco (Ambev&#x2019;s subsidiary) received
tax assessments issued by the State of Amazonas to charge alleged differences in ICMS due to questions about the calculation basis applied
in sales transactions by Ambev to its subsidiaries. The cases are being challenged at the administrative court. Arosuco management estimates
the possible losses related to these assessments to be approximately R$&lt;span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--TheStateOfAmazonasMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zjfer8AKIzHk" title="Estimated financial effect of contingent liabilities"&gt;561.5&lt;/span&gt; million as at December 31, 2022 (R$&lt;span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--TheStateOfAmazonasMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_z4CdurftljI" title="Estimated financial effect of contingent liabilities"&gt;521.3&lt;/span&gt; million as at December
31, 2021) and has not recorded any provisions in connection therewith.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;ICMS &#x2013; ZFM&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In 2018 and 2021, Ambev received tax assessments from
the States of Rio Grande do Sul and S&#xe3;o Paulo charging alleged differences in ICMS due to the disallowance of credits arising from
transactions with suppliers located in the Manaus Free Trade Zone. With regard to the assessment issued by the State of Rio Grande do
Sul, Ambev received a favorable judgment at the second administrative level in February 2022, which is still subject to appeal by tax
authorities.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;With respect to the assessments issued by the State of
S&#xe3;o Paulo, Ambev received unfavorable judgments at the first administrative level in May and June 2022. In these cases, we have
filed appeals to the second administrative level.&lt;/p&gt;





&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Our management estimates the possible losses related
to these assessments to be approximately R$&lt;span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--StatesOfRioGrandeDoSulAndSoPauloMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zI5QwCgymREg" title="Estimated financial effect of contingent liabilities"&gt;730.3&lt;/span&gt; million as at December 31, 2022 (R$&lt;span id="xdx_900_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--StatesOfRioGrandeDoSulAndSoPauloMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zliowJ1IP0r6" title="Estimated financial effect of contingent liabilities"&gt;663.3&lt;/span&gt; million as at December 31, 2021). We have not
recorded any provisions in connection therewith.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;ICMS &#x2013; FAIN&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Over the last years, Ambev received tax assessments issued
by the State of Para&#xed;ba due to an alleged non-compliance with the State Tax Incentive Program (&#x201c;FAIN&#x201d;). The State tax
authorities&#x2019; position was that Ambev could not enjoy the tax incentive granted to Companhia de Bebidas (incorporated company), among
other allegations related to the calculation method of the tax incentive itself.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ambev management estimates the possible losses related
to these assessments to be approximately R$&lt;span id="xdx_901_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20221231__ifrs-full--CounterpartiesAxis__custom--StateOfParabaMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zFS6gjxej4l" title="Estimated financial effect of contingent liabilities"&gt;591.4&lt;/span&gt; million as at December 31, 2022 (R$&lt;span id="xdx_908_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231__ifrs-full--CounterpartiesAxis__custom--StateOfParabaMember__ifrs-full--ItemsOfContingentLiabilitiesAxis__custom--TheTaxContingentLiabilityMember_zZf89MmLAkY4" title="Estimated financial effect of contingent liabilities"&gt;540.5&lt;/span&gt; million as at December 31, 2021) and has not
recorded any provisions in connection therewith.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Contingent assets&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;PIS and COFINS Recovery - exclusion of ICMS (VAT)
from the basis of calculation&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In 2017, the Brazilian Supreme Federal Court (&#x201c;STF&#x201d;)
decided for, in the judgment of RE No. 574,706/PR, with binding effects, the unconstitutionality of the inclusion of ICMS in the tax base
of social contributions on gross revenues (&#x201c;PIS and COFINS&#x201d;). The decision was reaffirmed by the STF in May 2021, in the
judgment of the request for clarification presented by the General Attorney's Office (PGFN), whereby the Court confirmed that the ICMS
to be excluded from the PIS and COFINS tax base is that declared in the invoice. The Court also determined that the decision should apply
retroactively as of March 15, 2017 (date on which the decision on RE 574,706/PR was rendered), except for taxpayers who had judicial and
administrative claims filed before said date (which is the case of the Company and its subsidiaries). As for ICMS under the tax substitution
modality, the Superior Court of Justice (&#x201c;STJ&#x201d;) began the judgment of Theme 1125 with a favorable vote for taxpayers, therefore
determining the exclusion of this ICMS modality in the tax bases of social contributions on gross revenues (&#x201c;PIS and COFINS&#x201d;).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries filed several lawsuits
related to this matter, most with final and unappealable favorable decisions. As the federal tax regime applicable to the soft drinks
and beer sector has changed over time, the Company and its subsidiaries are parties to lawsuits related to three different periods: (i)
1990 to 2009, (ii) 2009 to 2015 (period in which the &#x201c;REFRI Taxation Model&#x201d; was in force - special soft drinks and beer regime,
provided for Article 58-J of Law No. 10,833, of 2003) and (iii) 2015 onwards (also known as &#x201c;New Model Taxation&#x201d;).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;From 2018 to 2022, the Company and its subsidiaries recognized,
in accordance with IAS 37, recoverable tax credits related to this matter in the total amount of R$&lt;span id="xdx_908_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231_z1t5LabYgHDf" title="Recoverable tax credits"&gt;9.4&lt;/span&gt; billion, of which (i) R$&lt;span id="xdx_901_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom1990To2009Member_ztLO4kXn23Qf" title="Recoverable tax credits"&gt;0.7&lt;/span&gt; billion
is related to periods from 1990 to 2009, (ii) R$&lt;span id="xdx_906_ecustom--RecoverableTaxCredits_pn9n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom2015To2018Member_zxw2UYs43w0i" title="Recoverable tax credits"&gt;4&lt;/span&gt; billion is related to the New Model Taxation, from March 2017, when the Company and
its subsidiaries implemented the judicial decisions authorizing the exclusion of the ICMS from the PIS and COFINS tax base in its regular
transactions and which right of recovery is assured by the decision rendered by the STF in the judgment of RE 574.706/PR, and (iii) R$&lt;span id="xdx_902_ecustom--RecoverableTaxCredits_pn8n9_c20220101__20221231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--TaxCreditPeriodsFrom2009To2015Member_zB5CjilLENpg" title="Recoverable tax credits"&gt;4.7&lt;/span&gt;
billion is related to periods from 2009 to 2015, during which the REFRI Taxation Model was in force.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Part of this amount has already been used to offset other
tax debts according to the final and unappealable decisions rendered in certain judicial lawsuits involving the Company and its subsidiaries.
The outstanding amount of recoverable tax credits remain registered in the asset account (see Note 18 &#x2013; &lt;i&gt;Recoverable Taxes&lt;/i&gt;).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The accounting recognition of said amounts is due to
(i) the gain being virtually certain considering the decision provided by the STF in RE 574,706/PR and the specific circumstances of each
case; and (ii) the fact that the amount could be estimated with sufficient reliability, by collecting the respective documents and quantifying
the related amount. As to the tax credits related to the period in which the REFRI Taxation Model was in place, the amount could be estimated
with sufficient reliability after several analyses made with the assistance of our external consultants were made. These analyses allowed
us to (i) identify the total ICMS included per liter in the retail selling prices that were verified by the Federal Government at the
time and that had an impact on the reference prices used as a base for the determination of the PIS and COFINS; and (ii) calculate the
exclusion of such ICMS from the tax base of PIS and COFINS in the transactions carried out by the Company and its subsidiaries.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In addition, with respect to the transactions performed
after the implementation of the individual judicial decisions authorizing the exclusion of the ICMS from the PIS and COFINS tax base,
the Company and its subsidiaries had a positive impact of R$5.1 billion, net of the amounts mentioned above, which represented a reduction
in the PIS and COFINS expenses.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;For additional matters, the Company estimates that the
contingent asset corresponds to R$&lt;span id="xdx_902_eifrs-full--EstimatedFinancialEffectOfContingentAssets_iI_pn8n9_c20221231_zjM6z0NNE8Og" title="Estimated financial effect of contingent assets"&gt;0.7&lt;/span&gt; billion, which will be recognized once the realization of the gain is virtually certain given the
specific circumstances of the case and upon confirmation of the estimated values with sufficient reliability.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&lt;i&gt;Cerbuco Brewing Inc. arbitration&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;


&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Cerbuco Brewing Inc., (&#x201c;Cerbuco&#x201d;) a Canadian
subsidiary of Ambev, owns a 50% equity ownership in Cerveceria Bucanero S.A. (&#x201c;Bucanero&#x201d;), a joint venture in Cuba. In 2021,
Cerbuco initiated an arbitration proceeding at the International Chamber of Commerce (&#x201c;ICC&#x201d;), relating to a potential breach
of certain obligations relating to the joint venture, with the terms of reference being formally executed in 2022. Depending on the outcome
of the arbitration proceedings, there may be an impact on Cerbuco's ability to influence the management of Bucanero's operations. As a
result, Ambev&#x2019;s ability to continue consolidating Bucanero into its financial statements may also be affected. Based on the opinion
of Cerbuco&#x2019;s Lawyers, the management estimate the chance of loss as possible. The amount involved has not yet been ascertained,
as it depends on the outcome of the arbitration.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfContingentLiabilitiesExplanatory>
    <abev:DisclosureOfEstimatesOfPossibleLossesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--DisclosureOfEstimatesOfPossibleLossesTextBlock_pn5n6_zEBLkvZf6O2b" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - CONTINGENCIES - Estimates of Amounts of Possible Losses (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B9_zcYZgiaTMhYj" style="display: none"&gt;Schedule of estimates of possible losses&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 50%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 22%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 28%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td id="xdx_986_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn5n6_c20211231_zVcw6ZdCrmx9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Estimates of amounts of possible losses"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;82,445.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
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&lt;tr style="vertical-align: top"&gt;
  &lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;31.&lt;/b&gt;&lt;/span&gt;&lt;b/&gt;&lt;/td&gt;
  &lt;td style="width: 97%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_036"/&gt;&lt;span id="xdx_829_zzNqic2wGURi"&gt;RELATED PARTIES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 12pt/115% Arial,sans-serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Policy and practices regarding the realization of transactions with related
parties&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company adopts the corporate governance practices
recommended and/or required by the applicable laws.&lt;/p&gt;

&lt;p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;Under the Company&#x2019;s by-laws, the Board of Directors
is responsible for approving any transactions or agreements between the Company and/or any of its subsidiaries (except for full subsidiaries),
its directors and/or shareholders (including direct or indirect shareholders of the Company). The Governance Committee of the Company
(previously known as Antitrust Compliance and Related Parties Committee, as update approved by the Board of Directors at meeting attended
on October 14, 2022) is required to advise the Board of Directors on all transactions with related parties, among other subjects.&lt;/p&gt;

&lt;p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;Management is prohibited from interfering in any transaction
in which a conflict of interest exists, even in theory, with the Company&#x2019;s interests. Management also are not permitted to interfere
in decisions of any other members of management, and the Minutes of Meeting of the Board are required to document any decision to abstain
from the respective deliberations.&lt;/p&gt;

&lt;p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company&#x2019;s guidelines on related parties require
it to follow reasonable or commutative terms, similar to those prevailing in the market, or under which the Company would contract similar
transactions with third parties. These related parties transactions are clearly disclosed in the financial statements as formalized in
the written contracts.&lt;/p&gt;

&lt;p style="font: 8pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Transactions with management members&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/108% Times New Roman,serif; margin: 0; text-align: justify"&gt;In addition to short-term benefits (primarily salaries),
management members are entitled to participate in the Stock Option Plan and Share-Based Payments Plan (Note 25 - &lt;i&gt;Share-based payments&lt;/i&gt;).&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;Total expenses related to the Company&#x2019;s management members are as follow:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfKeyManagementPersonnelCompensationTextBlock_pn5n6_zFUAPUEfPmo1" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RELATED PARTIES - Expenses Related to Management Members (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B5_zub41738rVvb" style="display: none"&gt;Schedule of key management remuneration&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20220101__20221231_zrT4Ul3TXiCb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_496_20210101__20211231_zazBU0L3JGJj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_499_20200101__20201231_ztCX98DOi3Ck" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn5n6_z8qe2k4wqKYk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Short-term benefits&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F42_zMPTMnt5eWl5"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;74.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;68.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--KeyManagementPersonnelCompensationSharebasedPayment_pn5n6_znbj5OgvERFk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Share-based payments&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F4D_zZ7RaSqbwsR5"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;66.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;65.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;42.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--KeyManagementPersonnelCompensation_iT_pn5n6_zHszulutPXma" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total key management remuneration&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;140.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;133.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;68.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zgcLK69UDzA" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1B_zzygZ3SBMzn8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;These mainly correspond to management&#x2019;s salaries and profit sharing (including performance bonuses).&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F09_zy5VUsWF1Kt5" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F1E_zWpHyTcTNBpj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration
paid to members of the Fiscal Council.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p id="xdx_8AC_z5fAiJidOqHh" style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0 0 12pt; text-align: justify"&gt;Excluding the above mentioned plan (Note 25 - &lt;i&gt;Share-based
payments&lt;/i&gt;), the Company no longer has any types of transaction with the Management members or pending balances receivable or payable
in its balance sheet.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Transactions with the Company's shareholders:&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;a) Medical, dental and other benefits&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&lt;i&gt;&#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;Funda&#xe7;&#xe3;o Zerrenner is one of Ambev&#x2019;s
shareholders, and at December 31, 2022 held &lt;span id="xdx_90F_ecustom--PercentageOfOwnershipHeldByARelatedParty_iI_pip0_dp_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zKPdI2Zh9l88" title="Percentage of ownership held by a related party"&gt;10.2&lt;/span&gt;% of its total share capital. Funda&#xe7;&#xe3;o Zerrenner is also an independent
legal entity whose main goal is to provide Ambev&#x2019;s employees, both active and retired, with health care and dental assistance, technical
and higher education courses, facilities for assisting elderly people, either directly or through financial assistance agreements with
other entities. As at December 31, 2022 and December 31, 2021, actuarial obligations related to the benefits provided directly by Funda&#xe7;&#xe3;o
Zerrenner were fully funded by plan assets, held for that purpose, which significantly exceeded the liabilities at these dates. Ambev
recognizes the assets (prepaid expenses) of this plan to the extent of the economic benefits available to the Company, arising from reimbursements
or from reductions in future contributions.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The expenses incurred by Funda&#xe7;&#xe3;o Zerrenner
with third parties, for providing these benefits totaled R$&lt;span id="xdx_902_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zddQuWFSDv9e" title="Expenses incurred by a related party"&gt;308.8&lt;/span&gt; (R$&lt;span id="xdx_90A_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember_zTm5jrNgG8t8" title="Expenses incurred by a related party"&gt;279.4&lt;/span&gt; as at December 31, 2021), of which R$&lt;span id="xdx_900_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--ActiveEmployeesMember_zXwvWk7OZM6h" title="Expenses incurred by a related party"&gt;270.7&lt;/span&gt; and R$&lt;span id="xdx_908_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--RetireesMember_zF5ogxv6ywsb" title="Expenses incurred by a related party"&gt;38.1&lt;/span&gt; were related
to active employees and retirees respectively (R$&lt;span id="xdx_90A_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--ActiveEmployeesMember_zuOmh83mG7Nf" title="Expenses incurred by a related party"&gt;247.2&lt;/span&gt; and R$&lt;span id="xdx_905_ecustom--ExpensesIncurredByARelatedParty_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--FundacaoZerrennerMember__ifrs-full--CounterpartiesAxis__custom--RetireesMember_zCJqbk0QbE07" title="Expenses incurred by a related party"&gt;32.2&lt;/span&gt; as at December 31, 2021 related to active employees and retirees respectively).&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;i&gt;b) Licensing agreement&lt;/i&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company have a licensing agreement with Anheuser-Busch,
Inc. to produce, bottle, sell and distribute &lt;i&gt;Budweiser&lt;/i&gt; products in Brazil, Canada and Argentina, and sales and distribution agreements
for Budweiser products in Guatemala, the Dominican Republic, Paraguay, El Salvador, Nicaragua, Uruguay, Chile, Panama, Costa Rica and
Puerto Rico. In addition, the Company produces and distributes &lt;i&gt;Stella Artois&lt;/i&gt; products under a license to ABI in Brazil and Canada
and, through a license granted to ABI, also distributes &lt;i&gt;Brahma&lt;/i&gt; products in the United States and several other countries such
as the United Kingdom, Spain, Sweden, Finland and Greece.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;




&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company and its subsidiaries have licensing agreements
with the Group Modelo, subsidiaries of AB Inbev to import, produce, promote and sell Corona products (&lt;i&gt;Corona Extra&lt;/i&gt;, &lt;i&gt;Corona
Light&lt;/i&gt;, &lt;i&gt;Coronita&lt;/i&gt;, &lt;i&gt;Pacifico&lt;/i&gt; and &lt;i&gt;Modelo&lt;/i&gt;) in Latin America and Canada and with Spaten-Franziskaner-Br&#xe4;u GmbH,
a subsidiary of ABI, to produce, promote, advertise and sell &lt;i&gt;Spaten&lt;/i&gt; in Brazil.&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;In this context, the Company recorded R$&lt;span id="xdx_909_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zcd9R4qjISU2" title="Transfers under licence agreements from entity, related party transactions"&gt;22.6&lt;/span&gt; (R$&lt;span id="xdx_900_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zLz6M4r2o46i" title="Transfers under licence agreements from entity, related party transactions"&gt;17.0&lt;/span&gt;
as at December 31, 2021 and R$&lt;span id="xdx_907_eifrs-full--TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zuFi12Js9XHa" title="Transfers under licence agreements from entity, related party transactions"&gt;2.1&lt;/span&gt; as at December 31, 2020) and R$&lt;span id="xdx_902_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zp57AxqNJmpj" title="Transfers under licence agreements to entity, related party transactions"&gt;736.7&lt;/span&gt; (R$&lt;span id="xdx_90B_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_zxFzjzYkY8Ha" title="Transfers under licence agreements to entity, related party transactions"&gt;819.0&lt;/span&gt; as at December 31, 2021 and R$&lt;span id="xdx_90B_eifrs-full--TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschIncMember_z0HfwIDecN2l" title="Transfers under licence agreements to entity, related party transactions"&gt;644.0&lt;/span&gt; as at December 31,
2020) as licensing income and expenses, respectively.&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;Transactions with related parties&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_pn5n6_z1LmTUKEOa02" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RELATED PARTIES - Transactions With Related Parties (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_z7ALxkOQDHGi" style="display: none"&gt;Schedule of Transactions with related parties&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Other trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Trade payables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Africa&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zyKPdLJ5BTOh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zsLIpQ1WyS7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7261"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zf0dKWkmt5K4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7263"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zdfK8jedTG88" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;142.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zYIA4dmpSyOh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7267"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z43FWmjmLNDa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(82.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zcChoFGnDtxb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7271"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zZz2pHjo7Lej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7273"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUWc2GaTf3Ve" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(79.3)&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Services&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zsFRyyIqqSTl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zCuQx2LgpcH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7279"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIudp1T8hZi8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zH5PgtjYmTNk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;71.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zmPRm9TMu1H" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7285"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_ztA575N5X8te" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(237.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_ztboKv0lMHU9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zrJl7z1TLMyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7291"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zR5aBtctBLeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zAf4AT3QIPPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1Wc9B03c0Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7297"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z9HZROIWld62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(345.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsp2yVCljH93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOBTyfezLGZ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7303"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zqmx2LZjbyaj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zk9WhUOeTlxk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zVggyqtfBYqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zjTvGZCFDT23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(12.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Panam&#xe1; Holding&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z2Cgfcn34wKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z7sYNtgU7wO8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7315"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zb34svYVgUJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7317"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Others&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2AZakYnyzWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;19.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zkw4m1XJVgxj" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zRfsLFMP0kt7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(14.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zgaN1GnMb2I7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;290.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zfd3pg1dpIid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;24.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20221231_zZF1WC0fwFG8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(830.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Other trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Trade payables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Dividends receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Africa&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zFSVesK3A4Y5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zypg0GTAT2G6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7333"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zKUcTopRAuPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7335"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_ztAGeywFnhWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7337"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zmnfqfK0kUd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;45.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z1lS9sYFFKkf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7341"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_za4coUtosSwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(167.0)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zu7MfAfTRky2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7345"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB&#160;Package&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zTQgx8uESu0f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7347"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z0ME81T41566" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7349"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zF7aTcSk10ej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(63.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zYvsmq93yxI3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7353"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB&#160;Services&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zuLmiVebTlAf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIRgswmWbaf8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7357"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zDQkO4gDhmef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.0)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zMlpnzqPLag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7361"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zOUqn8fgw0Tk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zM4JIKWxdKf5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zgCZr4gv32N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(330.7)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zXYvhv6pzip8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7369"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zcpZV5J8Cfme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z4BTUthjO1Bi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7373"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zThf0RdP6bh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zEDJvJDmfDhk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7377"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zlHZmaIKzXj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ztMySozLyRhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7381"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zXTUyfy4pfOb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(548.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ziQbfpeywlck" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7385"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;as&#160;Peruanas&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zax3QJWXdcd2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zY9LiUNvv6J7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7389"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zooTPyi851t2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(16.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zFPFHsEdZRpl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7393"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zqr8EArTJnR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zzicLc4sGAtb" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zuLSy26VxZR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(26.4)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZtl87BNrIhi" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7401"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Panama&#160;Holding&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zXYn3QuaRHm6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zk3LDGB25R8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7405"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_ztdMeU6XzfWe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7407"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zNSHXdt8Io8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Others&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2W624LhnE82" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;18.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zDyxeIvoU9w1" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zb0M8I44wyii" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(44.5)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_ztvk1Ny7O945" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7417"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zRT2RYKcdzhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;155.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zNXk5Ncj0jM7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;39.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20211231_zNZlQYFVGXU5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,210.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_ztULRiPC3i15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;(i) The amount represents trading operations (purchase and sale) and reimbursements
between the companies of the group.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 43%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Non-current&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Trade payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Trade payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zoYV7NiH1aY8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(343.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zTfozJ8YY7t8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(407.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231_zmcRtGhTCyUj" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(343.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231_zAqZnrGShPIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(407.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The tables below represent transactions with related
parties, recognized in the income statement:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Sales and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other receivables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Product purchases and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net finance cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zlhT6lnbX9r6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zzHVRUkhMzGf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z0QGbaOHwJmk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(117.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zRhIM2DXYqJ" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zqXBYJdvNKF6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;208.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgxieD5fGIt1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7445"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zXjAct2QbYSc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7447"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zpcfawFRrmr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(356.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7451"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7453"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Procurement&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zihJmmr1miuf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7455"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_ztfarhhfhspf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7457"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z0mqGbRUjGZa" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7459"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z3OMXhNInAhg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(18.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7463"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzhD24w5gZn4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;25.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zPMOieYfpXP5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7467"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zyGAFVxKJVNl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,129.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zuQgd96dxHad" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_pn5n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7473"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Ambev Peru&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zo26dAgTo4gk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zoNTNp50ELal" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7477"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zNo8SQQB6lOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7479"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7481"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7483"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zNCZQ27xtFc1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;32.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zn1G4iStC8Sl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7487"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zubmmT2HjJvc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(56.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7491"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7493"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zcGkfW59VlAh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;124.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ze1XvrNDk1f2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7497"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zmK5SRVchILf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,323.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7501"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7503"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zVkWauzHjWG5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zvregkFmrEXf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7507"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zlAGZCNfW5Gl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(49.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7511"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7513"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;GCC India&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zBNVBBGzJkw" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7515"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zPEG83RehrY7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7517"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zSDh1VwOklta" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7519"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7Jvl14FQo17" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7523"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZyuZ9UfKaCg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7525"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_z3i8wc7p7o8g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7527"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zOAwZ7phpN95" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(129.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7531"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7533"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zbQE6YyX70rk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7535"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zFotqsEAkQJ1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7537"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z1mLEoc91Hok" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7539"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7541"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z0kNCeNA0Sah" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;37.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zZfcnv2N6wu7" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zTJbgU3PLOU7" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;9.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zWNzvVA1Xvag" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(87.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_pn6n5" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7551"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zLBIXMSmdoq6" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231_znoHXCbDgHvc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;269.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_zuUVh1ebrQfe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;14.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231_zSpKvRMmEWJl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,250.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_ztZKUZJONVsk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(36.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231_zSWhA24Rfn9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;247.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Sales and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other receivables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Product purchases and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other payable&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net finance cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zn8CO5gfWEz9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zaFP8XnXCYI" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7567"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zMXvKrr3iZxi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(180.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zN1QKwgthWFg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(10.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zb4nSRPKnTda" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7573"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_ztIV4Rjtutge" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7575"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z5AD705Lgn2h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7577"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zc6LnSbTkMNc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(286.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z39v90AkU5y9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7581"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zQkYo3rx4Qpj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7583"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Procurement&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDnxwinQONia" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7585"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zxuX03FfIaRl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7587"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zOsFKYkff3ie" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7589"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpqBDj9MkOoh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zelIUiQqGwml" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7593"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkdSKqWsQAS4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;32.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zR6acmaxz8ca" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7597"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zBGkmGigMmH9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,209.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUmV9PI3Tc98" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zNctGdZjX6f7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Ambev Peru&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zCSxu4dI53Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zjedWkOqZhF4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7607"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z9UtsuQfl8Bl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7609"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zBxUjZuYWzM3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7611"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z1RZhx3vu5Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7613"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zIohmnf4cR91" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;30.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zhJaLQvf4pR5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7617"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zu7yf9IQUnBj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(57.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z9qT0ps4uGe1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7621"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zmRezQ9Ou9wg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7623"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1NzGt3mCpqi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z7Pwv6PJP0Z" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7627"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z2GgAUmUGN2k" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,708.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zwyfNj55DhIb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7631"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z8TbDsCJs2B9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7633"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_z7gqE85nzU1h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zyHOIHSTAx7h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7637"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zJGZYfNKCnI9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(32.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zRTCM18J9Dkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7641"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOhM2gZPBvYc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7643"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;GCC India&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zasXwgnoV6l7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7645"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zyRKTIrp4DH6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7647"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z0ArqXTh7Kld" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7649"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z1j2NO9TYud8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_ziAhqjYVTOva" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7653"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlLXBI7jHPxk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7655"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcx2fCkMgxKh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7657"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zbaHVdLjkbJ3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(107.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcHZ4BXq50L1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7661"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsTFeStj5lzi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7663"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zR4wgsukAJI1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7665"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zfQpRuWCbC22" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7667"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zsjLnH3HfDAf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7669"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zOMKJVFrLXwc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7671"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zjP8FQ68PjN8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;42.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zK2lxuqIHYBi" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;19.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zeLL6McLRxD9" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zYFHpL8Zyb8" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(143.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z8nh6s28T0o" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7681"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zwUvZTINwN06" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7683"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zuBSboyQSdF3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;90.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zDayGqwRllVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;3.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zZl6JAu2P6yc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,725.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zmbOHqm6wDD1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(38.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231_zEUx1vI9Fbec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Sales and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other receivables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Product purchases and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net finance cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zo8PsmuQIzW6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zVZjQgu9LoY3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7697"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zuRiQkTU5Ac7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(80.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zAtwZLlBFf3d" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zpfQf1KF0ac4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7703"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zulYTAcVuxrb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7705"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUmsJVC2i5M3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7707"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgqlOcvnWjOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(159.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z2g3hWKsw9J2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7711"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zudwaMFWE5z5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7713"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Procurement&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zLY5Z8yhV4A6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpFqTAqx4myh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7717"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNiINHeO0rN" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDOkHmfrpwfk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(17.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNC86kjEaPv" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7723"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzcZK7de4Q18" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;35.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUayry8i2Mkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7727"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkVXV9JX0PPk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(977.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_z3zjkdv2J9wc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zalELH3Lueud" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7733"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zkpn1VrFgfQ2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zbNtqZO5xWw8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7737"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zOwRgaUqzdvh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(48.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zwM3VO5btdV4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7741"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zeWBoeKusdTi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7743"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zxInVMf3Bp01" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zikbPzAwiHF9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7747"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zEkdvfL1g4og" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,269.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zVvqiMUzt1W7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7751"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z6aO7rM0SEr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7753"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zGbFP3lYbyJ6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;13.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zNStBsIUiFE1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7757"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsZAticbtESf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(40.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zBlmWVea7DU4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7761"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zn5qnV9OqAjj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7763"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;GCC India&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zOIaN3DmQl57" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7765"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7ULZczqzeZi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7767"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zmo3fEHf1zPg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7769"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zY7XCK2oZPs6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zATCzaOouzje" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7773"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zUavIr2SuMrg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZDO9jLCk5I1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7777"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsNnx531axm9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(102.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zUNmS1uL0dbg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7781"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlpUfe6loR5g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7783"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zclAwNJUvEBh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7785"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zshKhzVDEp56" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7787"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zun4cXDfso6j" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7789"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zyMcpqkoHnU7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7791"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zQkq54xIj9uc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;10.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Oriental Brewery&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zOhGkBiimih2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zr9uke9kpue8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7797"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zPAPwbbt7Jy9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7799"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_z224LHCIOgHa" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7801"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zdOFmrjtzYnc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7803"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zm9IPh6ngJS9" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;22.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z81dZDb3Cqrd" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zoEcDUbFR43d" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(83.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zpoFDksY17Aa" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7811"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zsXfinxQEDW4" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231_zW9Tw2ceIcn" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;98.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231_z3BDLPur5jl7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;0.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231_zznHEeLkIlSa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,761.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231_zCEmw5SZXBO9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(37.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231_zsdPgPplZS32" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;12.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8AE_zgdpZ27BBPI7" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;






&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;span style="text-decoration: underline"&gt;List of companies included in the tables above&lt;/span&gt;:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 100%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;AB InBev Procurement GmbH (&#x201c;AB Procurement&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Ambrew S.A.R.L. (&#x201c;Ambrew&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Anheuser-Busch Inbev Africa (Pty) Ltd. (&#x201c;AB Africa&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Anheuser-Busch InBev N.V. (&#x201c;AB InBev&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Anheuser-Busch Inbev Services LLC (&#x201c;AB Services&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Anheuser-Busch Inbev USA LLC (&#x201c;AB USA&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Anheuser-Busch Packaging Group Inc. (&#x201c;AB Package&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Bavaria S.A. (&#x201c;Bavaria&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Cervecer&#xed;a Modelo de Mexico S. de R.L. de C.V. (&#x201c;Cervecer&#xed;a Modelo&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Cervecer&#xed;a Nacional S de RL (&#x201c;Panam&#xe1; Holding&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Compa&#xf1;ia Cervecera Ambev Peru S.A.C. (&#x201c;Ambev Peru&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;GCC Services India Private Ltd. (&#x201c;GCC India&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Inbev Belgium N.V. (&#x201c;Inbev&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Interbrew International B.V. (&#x201c;ITW International&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Oriental Brewery Co. Ltd. (&#x201c;Oriental Brewery&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 11.5pt"&gt;Uni&#xf3;n de Cervecerias Peruanas Backus Y Johnston S.A.A. (&#x201c;Cervecer&#xed;as Peruanas&#x201d;)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfRelatedPartyExplanatory>
    <abev:DisclosureOfKeyManagementPersonnelCompensationTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfKeyManagementPersonnelCompensationTextBlock_pn5n6_zFUAPUEfPmo1" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RELATED PARTIES - Expenses Related to Management Members (Details)"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&lt;span id="xdx_8B5_zub41738rVvb" style="display: none"&gt;Schedule of key management remuneration&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_49F_20220101__20221231_zrT4Ul3TXiCb" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_496_20210101__20211231_zazBU0L3JGJj" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_499_20200101__20201231_ztCX98DOi3Ck" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; width: 49%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_405_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_pn5n6_z8qe2k4wqKYk" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Short-term benefits&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F42_zMPTMnt5eWl5"&gt;&#160;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;74.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;68.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26.0&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_40E_eifrs-full--KeyManagementPersonnelCompensationSharebasedPayment_pn5n6_znbj5OgvERFk" style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font: normal 9pt Times New Roman,serif"&gt;Share-based payments&#160;&lt;/span&gt;&lt;span style="font: normal 11.5pt Times New Roman,serif"&gt;&lt;sup id="xdx_F4D_zZ7RaSqbwsR5"&gt;(ii)&lt;/sup&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;66.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;65.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;42.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr id="xdx_406_eifrs-full--KeyManagementPersonnelCompensation_iT_pn5n6_zHszulutPXma" style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Total key management remuneration&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;140.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;133.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;68.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F08_zgcLK69UDzA" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(i)&lt;/td&gt;
  &lt;td id="xdx_F1B_zzygZ3SBMzn8" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;These mainly correspond to management&#x2019;s salaries and profit sharing (including performance bonuses).&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


&lt;p style="font: 7pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table border="0" cellpadding="0" cellspacing="0" style="font: 8pt/110% Times New Roman,serif; width: 100%"&gt;
&lt;tr style="vertical-align: top"&gt;
  &lt;td id="xdx_F09_zy5VUsWF1Kt5" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 3%"&gt;(ii)&lt;/td&gt;
  &lt;td id="xdx_F1E_zWpHyTcTNBpj" style="text-align: justify; padding-left: 10pt; text-indent: -0.01pt; width: 97%"&gt;These correspond to the compensation cost of share options and restricted stocks granted to management. These amounts exclude remuneration
paid to members of the Fiscal Council.&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;


</abev:DisclosureOfKeyManagementPersonnelCompensationTextBlock>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="From2022-01-01to2022-12-31"
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      unitRef="BRL">74200000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      id="Fact007218"
      unitRef="BRL">68300000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
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      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      id="Fact007219"
      unitRef="BRL">26000000.0</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
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      contextRef="From2022-01-01to2022-12-31"
      decimals="-5"
      id="Fact007221"
      unitRef="BRL">66000000.0</ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment>
    <ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment
      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      id="Fact007222"
      unitRef="BRL">65300000</ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment>
    <ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      id="Fact007223"
      unitRef="BRL">42700000</ifrs-full:KeyManagementPersonnelCompensationSharebasedPayment>
    <ifrs-full:KeyManagementPersonnelCompensation
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      decimals="-5"
      unitRef="BRL">140200000</ifrs-full:KeyManagementPersonnelCompensation>
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      contextRef="From2021-01-012021-12-31"
      decimals="-5"
      unitRef="BRL">133600000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation
      contextRef="From2020-01-012020-12-31"
      decimals="-5"
      unitRef="BRL">68700000</ifrs-full:KeyManagementPersonnelCompensation>
    <abev:PercentageOfOwnershipHeldByARelatedParty
      contextRef="AsOf2022-12-31_custom_FundacaoZerrennerMember"
      decimals="INF"
      unitRef="Pure">0.102</abev:PercentageOfOwnershipHeldByARelatedParty>
    <abev:ExpensesIncurredByARelatedParty
      contextRef="From2022-01-012022-12-31_custom_FundacaoZerrennerMember"
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      unitRef="BRL">308800000</abev:ExpensesIncurredByARelatedParty>
    <abev:ExpensesIncurredByARelatedParty
      contextRef="From2021-01-012021-12-31_custom_FundacaoZerrennerMember"
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      unitRef="BRL">279400000</abev:ExpensesIncurredByARelatedParty>
    <abev:ExpensesIncurredByARelatedParty
      contextRef="From2022-01-012022-12-31_custom_FundacaoZerrennerMember_custom_ActiveEmployeesMember"
      decimals="-5"
      unitRef="BRL">270700000</abev:ExpensesIncurredByARelatedParty>
    <abev:ExpensesIncurredByARelatedParty
      contextRef="From2022-01-012022-12-31_custom_FundacaoZerrennerMember_custom_RetireesMember"
      decimals="-5"
      unitRef="BRL">38100000</abev:ExpensesIncurredByARelatedParty>
    <abev:ExpensesIncurredByARelatedParty
      contextRef="From2021-01-012021-12-31_custom_FundacaoZerrennerMember_custom_ActiveEmployeesMember"
      decimals="-5"
      unitRef="BRL">247200000</abev:ExpensesIncurredByARelatedParty>
    <abev:ExpensesIncurredByARelatedParty
      contextRef="From2021-01-012021-12-31_custom_FundacaoZerrennerMember_custom_RetireesMember"
      decimals="-5"
      unitRef="BRL">32200000</abev:ExpensesIncurredByARelatedParty>
    <ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions
      contextRef="From2022-01-012022-12-31_custom_AnheuserBuschIncMember"
      decimals="-5"
      unitRef="BRL">22600000</ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions>
    <ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions
      contextRef="From2021-01-012021-12-31_custom_AnheuserBuschIncMember"
      decimals="-5"
      unitRef="BRL">17000000.0</ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions>
    <ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions
      contextRef="From2020-01-012020-12-31_custom_AnheuserBuschIncMember"
      decimals="-5"
      unitRef="BRL">2100000</ifrs-full:TransfersUnderLicenseAgreementsFromEntityRelatedPartyTransactions>
    <ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions
      contextRef="From2022-01-012022-12-31_custom_AnheuserBuschIncMember"
      decimals="-5"
      unitRef="BRL">736700000</ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions>
    <ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions
      contextRef="From2021-01-012021-12-31_custom_AnheuserBuschIncMember"
      decimals="-5"
      unitRef="BRL">819000000.0</ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions>
    <ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions
      contextRef="From2020-01-012020-12-31_custom_AnheuserBuschIncMember"
      decimals="-5"
      unitRef="BRL">644000000.0</ifrs-full:TransfersUnderLicenseAgreementsToEntityRelatedPartyTransactions>
    <ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_pn5n6_z1LmTUKEOa02" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - RELATED PARTIES - Transactions With Related Parties (Details)"&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span id="xdx_8B0_z7ALxkOQDHGi" style="display: none"&gt;Schedule of Transactions with related parties&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="3" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 35%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 23%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Other trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 21%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;Trade payables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Africa&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zyKPdLJ5BTOh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zsLIpQ1WyS7k" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7261"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zf0dKWkmt5K4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7263"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zdfK8jedTG88" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;142.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zYIA4dmpSyOh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7267"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z43FWmjmLNDa" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(82.0)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zcChoFGnDtxb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7271"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zZz2pHjo7Lej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7273"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUWc2GaTf3Ve" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(79.3)&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Services&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zsFRyyIqqSTl" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zCuQx2LgpcH" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7279"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIudp1T8hZi8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(5.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zH5PgtjYmTNk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;71.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zmPRm9TMu1H" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7285"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_ztA575N5X8te" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(237.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_ztboKv0lMHU9" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;13.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zrJl7z1TLMyj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7291"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zR5aBtctBLeg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(6.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zAf4AT3QIPPf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;12.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1Wc9B03c0Mb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7297"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z9HZROIWld62" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(345.5)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsp2yVCljH93" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOBTyfezLGZ2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7303"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zqmx2LZjbyaj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(46.4)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zk9WhUOeTlxk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zVggyqtfBYqj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;23.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zjTvGZCFDT23" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(12.2)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Panam&#xe1; Holding&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z2Cgfcn34wKf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_z7sYNtgU7wO8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7315"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zb34svYVgUJk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7317"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Others&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2AZakYnyzWc" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;19.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zkw4m1XJVgxj" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zRfsLFMP0kt7" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(14.7)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zgaN1GnMb2I7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;290.7&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20221231_zfd3pg1dpIid" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;24.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20221231_zZF1WC0fwFG8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(830.4)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="4" style="border-bottom: black 1.5pt solid; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="vertical-align: bottom; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 19%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Other trade receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font: normal 8pt Times New Roman,serif"&gt;&lt;b&gt;&#160;Trade payables&#160;&lt;/b&gt;&lt;/span&gt;&lt;b&gt;&lt;span style="font-family: Times New Roman,serif; font-style: normal"&gt;&lt;sup&gt;(i)&lt;/sup&gt;&lt;span style="font-size: 8pt"&gt;&#160;&lt;/span&gt;&lt;/span&gt;&lt;/b&gt;&lt;/td&gt;
    &lt;td style="width: 17%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Dividends receivables&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB Africa&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zFSVesK3A4Y5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;5.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zypg0GTAT2G6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7333"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_zKUcTopRAuPb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7335"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschAfricaMember_ztAGeywFnhWh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7337"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zmnfqfK0kUd4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;45.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z1lS9sYFFKkf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7341"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_za4coUtosSwh" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(167.0)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zu7MfAfTRky2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7345"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB&#160;Package&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zTQgx8uESu0f" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7347"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z0ME81T41566" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7349"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zF7aTcSk10ej" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(63.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zYvsmq93yxI3" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7353"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB&#160;Services&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zuLmiVebTlAf" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;32.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zIRgswmWbaf8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7357"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zDQkO4gDhmef" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(3.0)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevServicesLlcMember_zMlpnzqPLag" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7361"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zOUqn8fgw0Tk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;34.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zM4JIKWxdKf5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;11.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zgCZr4gv32N5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(330.7)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zXYvhv6pzip8" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7369"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zcpZV5J8Cfme" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z4BTUthjO1Bi" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7373"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zThf0RdP6bh2" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(11.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zEDJvJDmfDhk" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7377"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zlHZmaIKzXj4" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;6.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ztMySozLyRhj" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7381"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zXTUyfy4pfOb" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(548.4)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ziQbfpeywlck" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7385"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Cervecer&#xed;as&#160;Peruanas&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zax3QJWXdcd2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;3.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zY9LiUNvv6J7" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7389"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zooTPyi851t2" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(16.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zFPFHsEdZRpl" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7393"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zqr8EArTJnR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;0.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zzicLc4sGAtb" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;26.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zuLSy26VxZR4" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(26.4)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZtl87BNrIhi" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7401"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Panama&#160;Holding&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zXYn3QuaRHm6" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;4.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zk3LDGB25R8e" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7405"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--TradePayablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_ztdMeU6XzfWe" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7407"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PanamaHoldingMember_zNSHXdt8Io8a" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;Others&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z2W624LhnE82" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;18.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zDyxeIvoU9w1" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;1.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--TradePayablesRelatedPartyTransactions_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zb0M8I44wyii" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(44.5)&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn6n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_ztvk1Ny7O945" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7417"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom; background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--TradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zRT2RYKcdzhg" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;155.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--OtherTradeReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_zNXk5Ncj0jM7" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Other trade receivables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;39.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--TradePayablesRelatedPartyTransactions1_iI_pn5n6_c20211231_zNZlQYFVGXU5" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(1,210.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--DividendsReceivablesRelatedPartyTransactions_iI_pn5n6_c20211231_ztULRiPC3i15" style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Dividends receivables"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;1.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 8pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 8pt/115% Times New Roman,serif; margin: 0"&gt;(i) The amount represents trading operations (purchase and sale) and reimbursements
between the companies of the group.&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 43%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 30%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; white-space: nowrap; width: 27%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;Non-current&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Trade payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;Trade payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zoYV7NiH1aY8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(343.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zTfozJ8YY7t8" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&#160;(407.9)&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20221231_zmcRtGhTCyUj" style="white-space: nowrap; vertical-align: top; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(343.6)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NoncurrentTradePayablesRelatedParties_iI_pn5n6_c20211231_zAqZnrGShPIj" style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Noncurrent trade payables, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 8pt"&gt;&lt;b&gt;&#160;(407.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;





&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;The tables below represent transactions with related
parties, recognized in the income statement:&lt;/p&gt;

&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Sales and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other receivables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Product purchases and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net finance cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zlhT6lnbX9r6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zzHVRUkhMzGf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;5.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_983_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_z0QGbaOHwJmk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(117.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zRhIM2DXYqJ" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8.5)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zqXBYJdvNKF6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;208.7&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgxieD5fGIt1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7445"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zXjAct2QbYSc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7447"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zpcfawFRrmr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(356.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7451"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7453"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Procurement&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zihJmmr1miuf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7455"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_ztfarhhfhspf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7457"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z0mqGbRUjGZa" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7459"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_z3OMXhNInAhg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(18.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7463"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzhD24w5gZn4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;25.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zPMOieYfpXP5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7467"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zyGAFVxKJVNl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,129.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zuQgd96dxHad" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_pn5n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7473"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Ambev Peru&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zo26dAgTo4gk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zoNTNp50ELal" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7477"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zNo8SQQB6lOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7479"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7481"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7483"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zNCZQ27xtFc1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;32.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zn1G4iStC8Sl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7487"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zubmmT2HjJvc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(56.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7491"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7493"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zcGkfW59VlAh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;124.4&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_ze1XvrNDk1f2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7497"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zmK5SRVchILf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,323.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7501"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7503"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zVkWauzHjWG5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zvregkFmrEXf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7507"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zlAGZCNfW5Gl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(49.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7511"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7513"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;GCC India&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zBNVBBGzJkw" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7515"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zPEG83RehrY7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7517"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zSDh1VwOklta" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7519"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7Jvl14FQo17" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7523"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZyuZ9UfKaCg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7525"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_z3i8wc7p7o8g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7527"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zOAwZ7phpN95" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(129.8)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7531"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7533"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zbQE6YyX70rk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7535"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zFotqsEAkQJ1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7537"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z1mLEoc91Hok" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7539"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_pn6n5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7541"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_z0kNCeNA0Sah" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;37.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zZfcnv2N6wu7" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;84.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zTJbgU3PLOU7" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;9.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zWNzvVA1Xvag" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(87.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_pn6n5" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7551"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zLBIXMSmdoq6" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.9&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_uBRL_c20220101__20221231_znoHXCbDgHvc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;269.1&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_zuUVh1ebrQfe" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;14.8&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20220101__20221231_zSpKvRMmEWJl" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,250.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20220101__20221231_ztZKUZJONVsk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(36.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20220101__20221231_zSWhA24Rfn9h" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;247.9&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Sales and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other receivables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Product purchases and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other payable&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net finance cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zn8CO5gfWEz9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.7&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zaFP8XnXCYI" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7567"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zMXvKrr3iZxi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(180.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zN1QKwgthWFg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(10.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zb4nSRPKnTda" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7573"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_ztIV4Rjtutge" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7575"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z5AD705Lgn2h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7577"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zc6LnSbTkMNc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(286.7)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z39v90AkU5y9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7581"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zQkYo3rx4Qpj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7583"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Procurement&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDnxwinQONia" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7585"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zxuX03FfIaRl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7587"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zOsFKYkff3ie" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7589"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpqBDj9MkOoh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(16.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zelIUiQqGwml" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7593"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkdSKqWsQAS4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;32.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zR6acmaxz8ca" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7597"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zBGkmGigMmH9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,209.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUmV9PI3Tc98" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zNctGdZjX6f7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.3&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Ambev Peru&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zCSxu4dI53Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zjedWkOqZhF4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7607"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z9UtsuQfl8Bl" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7609"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_zBxUjZuYWzM3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7611"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AmbevPeruMember_z1RZhx3vu5Wh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7613"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zIohmnf4cR91" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;30.9&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zhJaLQvf4pR5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7617"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zu7yf9IQUnBj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(57.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_z9qT0ps4uGe1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7621"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zmRezQ9Ou9wg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7623"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z1NzGt3mCpqi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.8&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z7Pwv6PJP0Z" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7627"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z2GgAUmUGN2k" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,708.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zwyfNj55DhIb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7631"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z8TbDsCJs2B9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7633"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_z7gqE85nzU1h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zyHOIHSTAx7h" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7637"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98D_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zJGZYfNKCnI9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(32.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zRTCM18J9Dkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7641"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zOhM2gZPBvYc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7643"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;GCC India&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zasXwgnoV6l7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7645"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zyRKTIrp4DH6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7647"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z0ArqXTh7Kld" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7649"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z1j2NO9TYud8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(8.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_ziAhqjYVTOva" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7653"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlLXBI7jHPxk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7655"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcx2fCkMgxKh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7657"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zbaHVdLjkbJ3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(107.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zcHZ4BXq50L1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7661"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsTFeStj5lzi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7663"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zR4wgsukAJI1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7665"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zfQpRuWCbC22" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7667"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zsjLnH3HfDAf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7669"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98D_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zOMKJVFrLXwc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7671"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zjP8FQ68PjN8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;42.2&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zK2lxuqIHYBi" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;19.5&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zeLL6McLRxD9" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;3.6&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zYFHpL8Zyb8" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(143.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z8nh6s28T0o" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7681"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20210101__20211231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zwUvZTINwN06" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7683"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zuBSboyQSdF3" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;90.4&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zDayGqwRllVk" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;3.6&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20210101__20211231_zZl6JAu2P6yc" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(3,725.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20210101__20211231_zmbOHqm6wDD1" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(38.9)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20210101__20211231_zEUx1vI9Fbec" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;42.5&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td colspan="6" style="border-bottom: black 1.5pt solid; white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 16%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Sales and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 18%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other receivables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 2%; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="width: 11%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Product purchases and other&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 25%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Service fees / reimbursement of expenses and other payables&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="width: 12%; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;Net finance cost&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB InBev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zo8PsmuQIzW6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zVZjQgu9LoY3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7697"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zuRiQkTU5Ac7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(80.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zAtwZLlBFf3d" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(9.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInBevNvMember_zpfQf1KF0ac4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7703"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Package&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zulYTAcVuxrb" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7705"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zUmsJVC2i5M3" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7707"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zgqlOcvnWjOf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(159.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_z2g3hWKsw9J2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7711"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschPackageMember_zudwaMFWE5z5" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7713"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB Procurement&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zLY5Z8yhV4A6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zpFqTAqx4myh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7717"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNiINHeO0rN" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zDOkHmfrpwfk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(17.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschProcurementMember_zNC86kjEaPv" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7723"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;AB USA&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zzcZK7de4Q18" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;35.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zUayry8i2Mkk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7727"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zkVXV9JX0PPk" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(977.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_z3zjkdv2J9wc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(3.2)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_983_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AnheuserBuschInbevUsaLlcMember_zalELH3Lueud" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7733"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Bavaria&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zkpn1VrFgfQ2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;26.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zbNtqZO5xWw8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7737"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_981_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zOwRgaUqzdvh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(48.0)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zwM3VO5btdV4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7741"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BavariaSaMember_zeWBoeKusdTi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7743"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;a Modelo&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zxInVMf3Bp01" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.1)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zikbPzAwiHF9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7747"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zEkdvfL1g4og" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(1,269.6)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_zVvqiMUzt1W7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7751"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaModeloDeMexicoSDeRlDeCvMember_z6aO7rM0SEr6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7753"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Cervecer&#xed;as Peruanas&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zGbFP3lYbyJ6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;13.3&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zNStBsIUiFE1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7757"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zsZAticbtESf" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(40.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zBlmWVea7DU4" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7761"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CerveceriaPeruanasMember_zn5qnV9OqAjj" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7763"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;GCC India&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zOIaN3DmQl57" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7765"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_z7ULZczqzeZi" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7767"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zmo3fEHf1zPg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7769"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_987_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zY7XCK2oZPs6" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(7.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--GCCIndiaMember_zATCzaOouzje" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7773"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Inbev&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zUavIr2SuMrg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(0.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zZDO9jLCk5I1" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7777"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zsNnx531axm9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(102.3)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zUNmS1uL0dbg" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7781"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InbevBelgiumNvMember_zlpUfe6loR5g" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7783"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;ITW International&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zclAwNJUvEBh" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7785"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zshKhzVDEp56" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7787"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98F_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zun4cXDfso6j" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7789"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_984_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zyMcpqkoHnU7" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7791"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98C_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--InterbrewInternationalBvMember_zQkq54xIj9uc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;10.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Oriental Brewery&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zOhGkBiimih2" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;2.0&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zr9uke9kpue8" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7797"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zPAPwbbt7Jy9" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7799"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98F_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_z224LHCIOgHa" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7801"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OrientalBreweryMember_zdOFmrjtzYnc" style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7803"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: White"&gt;
    &lt;td style="white-space: nowrap; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;Other&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zm9IPh6ngJS9" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;22.1&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_z81dZDb3Cqrd" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;0.2&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zoEcDUbFR43d" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;(83.9)&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_982_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn6n5_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zpoFDksY17Aa" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;&lt;span style="-sec-ix-hidden: xdx2ixbrl7811"&gt;-&lt;/span&gt;&#160;&#160;&#160;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_985_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--OtherRelatedPartiesMember_zsXfinxQEDW4" style="border-bottom: black 1.5pt solid; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&#160;1.5&#160;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="background-color: rgb(204,238,255)"&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231_zW9Tw2ceIcn" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;98.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_980_ecustom--SalesServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231_z3BDLPur5jl7" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Sales/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;0.2&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="padding-right: 3.4pt; padding-left: 3.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--PurchasesOfGoodsRelatedPartyTransactions_pn5n6_c20200101__20201231_zznHEeLkIlSa" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(2,761.5)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_988_ecustom--ServiceFeesReimbursementOfExpensesAndOthersRelatedPartyTransactions_pn5n6_c20200101__20201231_zCEmw5SZXBO9" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Buying/service fees/reimbursement of expenses and others, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;(37.7)&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td id="xdx_989_ecustom--NetFinanceCostRelatedPartyTransactions_pn5n6_c20200101__20201231_zsdPgPplZS32" style="padding-right: 3.4pt; padding-left: 3.4pt; font-family: Arial,sans-serif; text-align: right" title="Net finance cost, related parties"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 9pt"&gt;&lt;b&gt;&#160;12.0&#160;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
</ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory>
    <abev:TradeReceivablesRelatedPartyTransactions
      contextRef="AsOf2022-12-31_custom_AnheuserBuschAfricaMember"
      decimals="-5"
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    <ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory contextRef="From2022-01-01to2022-12-31">&lt;p id="xdx_80C_eifrs-full--DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_zm0hLOJhpBm8" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="font: 11pt/13pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;
&lt;td style="width: 3%"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;32.&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;span style="font-size: 12pt"&gt;&lt;b&gt;&lt;span id="f_037"/&gt;&lt;span id="xdx_822_zzhKohpbBp9g"&gt;GROUP COMPANIES&lt;/span&gt;&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0 0 0 22.95pt; text-align: justify; text-indent: -22.7pt"&gt;&#160;&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;List of most significant fully consolidated companies:&lt;/p&gt;

&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfConsolidatedSubsidiariesTextBlock_pn5n6_zy2sCqzNEvag" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GROUP COMPANIES - Consolidated Companies (Details)"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span id="xdx_8B2_z7KM7vC3Eupe" style="display: none"&gt;Schedule
    of consolidated companies&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 82%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;br/&gt;
&lt;b&gt;Argentina&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;CERVECER&#xcd;A Y MALTERIA QUILMES SAICA Y G&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;Charcas 5160 - Buenos Aires&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentinaMember__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaYMalteriaQuilmesSaicaYGMember_zxpuGRNtY4M7" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;99.75%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Bolivia&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A BOLIVIANA NACIONAL S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Montes 400 e Rua Chuquisaca 121 - La Paz&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Bolivia1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaBolivianaNacionalSaMember_zVRtI8o7BZte" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;85.34%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Brazil&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;AMBEV S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Rua Dr. Renato Paes de Barros, 1.017, 3&#xba; andar,
    Itaim Bibi, S&#xe3;o Paulo&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--StatusOfOwnershipInterestInSubsidiary_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AmbevSaMember_zi6fX19wZYT2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Status of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;Consolidating&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;AROSUCO AROMAS E SUCOS LTDA.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;Avenida Buriti, 5.385, Distrito Industrial - Manaus - AM&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArosucoAromasESucosLtdaMember_zkOS7CuxeQz8" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CRBS S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Antarctica, 1.891, Fazenda Santa &#xda;rsula
    - Jaguari&#xfa;na - SP&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CrbsSaMember_zPFy4FS5dwp3" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVEJARIA Z.X. S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Antarctica, 1.891, Fazenda Santa &#xda;rsula
    - Jaguari&#xfa;na - SP&lt;/p&gt;&lt;/td&gt;
    &lt;td rowspan="2" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: right"&gt;&#160;&lt;/p&gt;
    &lt;p id="xdx_983_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CervejariaZxMember_zVIaJBTG1R82" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: right" title="Proportion of ownership interest in subsidiary"&gt;100.00%&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Canada&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;LABATT BREWING COMPANY LTD.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;207 Queens Quay West, Suite 299 - M5J 1A7 - Toronto&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Canada1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LabattBrewingCompanyLimitedMember_zqenVoOuMtha" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;





&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 82%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Chile&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A CHILE S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Presidente Eduardo Frei Montalva, 9.600 - Quilicura
    - Santiago&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChilaMember__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CervecriaChileSAMember_zesGd3CJFGvk" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Spain&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;JALUA SPAIN, S.L.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Juan Vara Ter&#xe1;n, 14 - Ilhas Can&#xe1;rias&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Spain1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--JaluaSpainSlMember_zcty3FCRtjNi" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Luxembourg&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;AMBEV LUXEMBOURG&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;15 Breedewues - L1259 - Senningerberg&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Luxembourg1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AmbevLuxembourgMember_zdRsKmA08e73" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Guatemala&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;INDUSTRIAS DEL ATL&#xc1;NTICO S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;KM 122 Ruta al Atlantico - C.P 01012 Teculutan, Zacapa&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Guatemala1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--IndustriasDelAtlnticoSaMember_zAecajUjzyNi" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;50.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Paraguay&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A PARAGUAYA S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ruta Villeta KM 30 - Ypan&#xe9;&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Paraguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaParaguayaSaMember_zIpxIzdxefSl" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;87.35%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Dominican Republic&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A NACIONAL DOMINICANA, S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Autopista 30 de Mayo, Distrito Nacional&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanRepublic1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceraNacionalDominicanaSaMember_zsY5dR9aHq43" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;85.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Uruguay&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;LINTHAL S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;25 de Mayo 444, office 401 - Montevideo&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Uruguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LinthalSaMember_zDu7mEJHIsyb" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A Y MALTERIA PAYSANDU S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Cesar Cortinas, 2.037 - Montevideo&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Uruguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaYMalteriaPayssandSaMember_zoEYAuM345Xc" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;MONTHIERS S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Cesar Cortinas, 2.037 - Montevideo&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Uruguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MonthiersSaMember_zUrnFQ9KhS3e" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Panama&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A NACIONAL S. DE R.L.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;Avenida Ricardo J. Alfaro, Corregimiento de Betania, Distrito de Panam&#xe1;&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_988_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Panama1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaNacionalSDeRlMember_zJNgFoGJT0nb" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;
&lt;p id="xdx_8A9_zOvcmX4TJpLj" style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

</ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory>
    <abev:DisclosureOfConsolidatedSubsidiariesTextBlock contextRef="From2022-01-01to2022-12-31">&lt;table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfConsolidatedSubsidiariesTextBlock_pn5n6_zy2sCqzNEvag" style="width: 100%; border-collapse: collapse; font-size: 10pt" summary="xdx: Disclosure - GROUP COMPANIES - Consolidated Companies (Details)"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span id="xdx_8B2_z7KM7vC3Eupe" style="display: none"&gt;Schedule
    of consolidated companies&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 82%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;br/&gt;
&lt;b&gt;Argentina&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;CERVECER&#xcd;A Y MALTERIA QUILMES SAICA Y G&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;Charcas 5160 - Buenos Aires&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ArgentinaMember__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaYMalteriaQuilmesSaicaYGMember_zxpuGRNtY4M7" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;99.75%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Bolivia&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A BOLIVIANA NACIONAL S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Montes 400 e Rua Chuquisaca 121 - La Paz&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Bolivia1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaBolivianaNacionalSaMember_zVRtI8o7BZte" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;85.34%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Brazil&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;AMBEV S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Rua Dr. Renato Paes de Barros, 1.017, 3&#xba; andar,
    Itaim Bibi, S&#xe3;o Paulo&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_ecustom--StatusOfOwnershipInterestInSubsidiary_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AmbevSaMember_zi6fX19wZYT2" style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Status of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;Consolidating&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;AROSUCO AROMAS E SUCOS LTDA.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;Avenida Buriti, 5.385, Distrito Industrial - Manaus - AM&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_985_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ArosucoAromasESucosLtdaMember_zkOS7CuxeQz8" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CRBS S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Antarctica, 1.891, Fazenda Santa &#xda;rsula
    - Jaguari&#xfa;na - SP&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_986_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CrbsSaMember_zPFy4FS5dwp3" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVEJARIA Z.X. S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Antarctica, 1.891, Fazenda Santa &#xda;rsula
    - Jaguari&#xfa;na - SP&lt;/p&gt;&lt;/td&gt;
    &lt;td rowspan="2" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: right"&gt;&#160;&lt;/p&gt;
    &lt;p id="xdx_983_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Brazil1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CervejariaZxMember_zVIaJBTG1R82" style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: right" title="Proportion of ownership interest in subsidiary"&gt;100.00%&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Canada&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;LABATT BREWING COMPANY LTD.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;207 Queens Quay West, Suite 299 - M5J 1A7 - Toronto&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98A_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Canada1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--LabattBrewingCompanyLimitedMember_zqenVoOuMtha" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;/table&gt;





&lt;table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 10pt"&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; width: 82%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; width: 18%; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Chile&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A CHILE S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Avenida Presidente Eduardo Frei Montalva, 9.600 - Quilicura
    - Santiago&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98B_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--ChilaMember__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CervecriaChileSAMember_zesGd3CJFGvk" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Spain&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;JALUA SPAIN, S.L.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Juan Vara Ter&#xe1;n, 14 - Ilhas Can&#xe1;rias&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_987_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Spain1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--JaluaSpainSlMember_zcty3FCRtjNi" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Luxembourg&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;AMBEV LUXEMBOURG&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0"&gt;15 Breedewues - L1259 - Senningerberg&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_98E_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Luxembourg1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AmbevLuxembourgMember_zdRsKmA08e73" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;100.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Guatemala&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;INDUSTRIAS DEL ATL&#xc1;NTICO S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;KM 122 Ruta al Atlantico - C.P 01012 Teculutan, Zacapa&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_982_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Guatemala1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--IndustriasDelAtlnticoSaMember_zAecajUjzyNi" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;50.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Paraguay&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A PARAGUAYA S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Ruta Villeta KM 30 - Ypan&#xe9;&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_984_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--Paraguay1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceriaParaguayaSaMember_zIpxIzdxefSl" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;87.35%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Dominican Republic&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;CERVECER&#xcd;A NACIONAL DOMINICANA, S.A.&lt;/p&gt;
    &lt;p style="font: 12pt/115% Times New Roman,serif; margin: 0; text-align: justify"&gt;Autopista 30 de Mayo, Distrito Nacional&lt;/p&gt;&lt;/td&gt;
    &lt;td id="xdx_989_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pip0_dp_c20220101__20221231__ifrs-full--GeographicalAreasAxis__custom--DominicanRepublic1Member__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CerveceraNacionalDominicanaSaMember_zsY5dR9aHq43" style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: right; line-height: 115%" title="Proportion of ownership interest in subsidiary"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;85.00%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; line-height: 115%"&gt;&#160;&lt;/td&gt;
    &lt;td style="white-space: nowrap; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#160;&lt;/td&gt;&lt;/tr&gt;
  &lt;tr&gt;
    &lt;td style="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Arial,sans-serif; text-align: justify; line-height: 115%"&gt;&lt;span style="font-family: Times New Roman,serif; font-size: 12pt; line-height: 115%"&gt;&lt;b&gt;Uruguay&lt;/b&gt;&lt;/span&gt;&lt;/td&gt;
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&lt;p style="font: 12pt Times New Roman,serif; margin: 0"&gt;&lt;b&gt;&#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 12pt/110% Times New Roman,serif; margin: 0; text-align: justify"&gt;The Company has a program of risk management requiring
it to obtain insurance coverage compatible with its size and operations. Coverage was contracted at amounts considered sufficient by management
to cover possible losses, considering the nature of the Company&#x2019;s activities, the risks involved in its operations and the guidance
of its insurance advisors.&lt;/p&gt;

&lt;p style="font: 6pt/8pt Arial,sans-serif; margin: 0"&gt;&#160;&lt;/p&gt;

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          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001962"
          xlink:to="Footnote001980"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact001963"
          xlink:label="Fact001963"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001963"
          xlink:to="Footnote001980"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact001995"
          xlink:label="Fact001995"
          xlink:type="locator"/>
        <link:footnote id="Footnote002018" xlink:label="Footnote002018" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The restructuring expenses primarily related to centralized projects and resizing in the Latin America CAC and Brazil.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001995"
          xlink:to="Footnote002018"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact001996"
          xlink:label="Fact001996"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001996"
          xlink:to="Footnote002018"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact001997"
          xlink:label="Fact001997"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001997"
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        <link:loc
          xlink:href="#Fact001991"
          xlink:label="Fact001991"
          xlink:type="locator"/>
        <link:footnote id="Footnote002019" xlink:label="Footnote002019" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">COVID-19 expenses refer to (a) additional administrative expenses to ensure the safety of the Company&#x2019;s people (increased frequency
of cleaning at the Company&#x2019;s facilities, providing alcohol gel and masks for our employees); (b) donations; (c) Company initiatives
providing support for some customer ecosystems, which were necessary due to the COVID-19 pandemic.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001991"
          xlink:to="Footnote002019"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact001992"
          xlink:label="Fact001992"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001992"
          xlink:to="Footnote002019"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact001993"
          xlink:label="Fact001993"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact001993"
          xlink:to="Footnote002019"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002007"
          xlink:label="Fact002007"
          xlink:type="locator"/>
        <link:footnote id="Footnote002020" xlink:label="Footnote002020" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Refers to distribution agreement with our strategic partner in Guatemala.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002007"
          xlink:to="Footnote002020"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002008"
          xlink:label="Fact002008"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002008"
          xlink:to="Footnote002020"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002009"
          xlink:label="Fact002009"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002009"
          xlink:to="Footnote002020"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002011"
          xlink:label="Fact002011"
          xlink:type="locator"/>
        <link:footnote id="Footnote002021" xlink:label="Footnote002021" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Refers to an investment write-off of a business line in Canada.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002011"
          xlink:to="Footnote002021"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002012"
          xlink:label="Fact002012"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002012"
          xlink:to="Footnote002021"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002013"
          xlink:label="Fact002013"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002013"
          xlink:to="Footnote002021"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002094"
          xlink:label="Fact002094"
          xlink:type="locator"/>
        <link:footnote id="Footnote002153" xlink:label="Footnote002153" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">These amounts added to R$<xhtml:span
  id="xdx_904_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20220101__20221231_zCUsL0PYarpa"
  title="Employee benefits expense, cost of sales">2,510.4</xhtml:span>
  (R$<xhtml:span
  id="xdx_90D_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20210101__20211231_zw2Ip74Sq04a"
  title="Employee benefits expense, cost of sales">2,247.9</xhtml:span>
  and R$<xhtml:span
  id="xdx_90A_ecustom--EmployeeBenefitsExpenseCostOfSales_pn5n6_c20200101__20201231_z0ZyU5KhKet5"
  title="Employee benefits expense, cost of sales">2,175.1</xhtml:span>
  as at December 31, 2021 and 2020, respectively) mentioned in Note 9 - <xhtml:i>Payroll and related benefits</xhtml:i>, total R$<xhtml:span
  id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20221231_zaY3rCCItVKa"
  title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,940.1</xhtml:span>
  (R$<xhtml:span
  id="xdx_908_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn6n6_c20211231_z8XPRJAljUY8"
  title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,591.0</xhtml:span>
  and R$<xhtml:span
  id="xdx_90E_ecustom--TotalCostOfSalesEmployeeBenefitExpensesDepreciationAmortizationAndImpairment_iI_pn5n6_c20201231_zrEO8lgLUsuc"
  title="Total cost of sales, employee benefit expenses, depreciation, amortization and impairment">5,171.2</xhtml:span>
  as at December 31, 2021 and 2020, respectively). The remaining amount of R$<xhtml:span
  id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20220101__20221231_zfmLS1hCSxJa"
  title="Cost of sales, production costs">34,482.0</xhtml:span>
  (R$<xhtml:span
  id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20210101__20211231_z4WAqcIq3Mca"
  title="Cost of sales, production costs">30,068.7</xhtml:span>
  and R$<xhtml:span
  id="xdx_908_ecustom--CostOfSalesProductionCosts_pn5n6_c20200101__20201231_z1uSCvjzKjs7"
  title="Cost of sales, production costs">21,894.9</xhtml:span>
  as at December 31, 2021 and 2020, respectively), recorded in the cost of sales, refers to other production costs.</link:footnote>
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          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002094"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002096"
          xlink:label="Fact002096"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002096"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002098"
          xlink:label="Fact002098"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002098"
          xlink:to="Footnote002153"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002100"
          xlink:label="Fact002100"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002100"
          xlink:to="Footnote002153"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002102"
          xlink:label="Fact002102"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002102"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002104"
          xlink:label="Fact002104"
          xlink:type="locator"/>
        <link:footnoteArc
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          xlink:from="Fact002104"
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        <link:loc
          xlink:href="#Fact002223"
          xlink:label="Fact002223"
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        <link:footnote id="Footnote002230" xlink:label="Footnote002230" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Include R$1,231 million (R$656 million at December 31, 2021 and R$657 million at December 31, 2020) as accounts payable present value adjustment.</link:footnote>
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          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002223"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002224"
          xlink:label="Fact002224"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002224"
          xlink:to="Footnote002230"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002225"
          xlink:label="Fact002225"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002225"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002273"
          xlink:label="Fact002273"
          xlink:type="locator"/>
        <link:footnote id="Footnote002280" xlink:label="Footnote002280" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Refers, mainly, to monetary adjustment of recoverable taxes.</link:footnote>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002273"
          xlink:to="Footnote002280"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002274"
          xlink:label="Fact002274"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002274"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002275"
          xlink:label="Fact002275"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002275"
          xlink:to="Footnote002280"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact002974"
          xlink:label="Fact002974"
          xlink:type="locator"/>
        <link:footnote id="Footnote003013" xlink:label="Footnote003013" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">This refers to the shareholding exchange transaction in 2013 as a result of the adoption of the predecessor basis of accounting.</link:footnote>
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          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002974"
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        <link:loc
          xlink:href="#Fact002976"
          xlink:label="Fact002976"
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        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact002976"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact003363"
          xlink:label="Fact003363"
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        <link:footnote id="Footnote003377" xlink:label="Footnote003377" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The balance refers substantially to financial investments linked to tax incentives that do not have immediate&#160;convertibility into&#160;a
known amount&#160;of&#160;cash.</link:footnote>
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          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact003363"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact003364"
          xlink:label="Fact003364"
          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact003364"
          xlink:to="Footnote003377"
          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact003737"
          xlink:label="Fact003737"
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        <link:footnote id="Footnote003740" xlink:label="Footnote003740" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">There is no expectation of realization beyond a term of ten years.</link:footnote>
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          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact003737"
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        <link:loc
          xlink:href="#Fact003800"
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        <link:footnote id="Footnote003843" xlink:label="Footnote003843" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">As detailed in Note 30 - <xhtml:i>Contingencies</xhtml:i>, the Company recognized PIS and COFINS credits arising from the exclusion of ICMS from
the calculation basis. The corresponding entry for recognition is recorded in the item PIS/COFINS - exclusion of ICMS, according
to the table above.</link:footnote>
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          xlink:from="Fact003800"
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        <link:loc
          xlink:href="#Fact003802"
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          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact003802"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact003816"
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          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact003816"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact003818"
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        <link:footnoteArc
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          xlink:from="Fact003818"
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        <link:loc
          xlink:href="#Fact004036"
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        <link:footnote id="Footnote004053" xlink:label="Footnote004053" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The balance refers mostly to Bank Deposit Certificates (&#x201c;CDB&#x201d;), with high liquidity, which are readily convertible into known
amounts of cash and which are subject to an insignificant risk of change in value.</link:footnote>
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        <link:loc
          xlink:href="#Fact004037"
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        <link:footnoteArc
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        <link:loc
          xlink:href="#Fact004069"
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        <link:footnote id="Footnote004081" xlink:label="Footnote004081" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">Capital increase related to the issue of shares.</link:footnote>
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          xlink:from="Fact004069"
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        <link:loc
          xlink:href="#Fact004070"
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          xlink:type="locator"/>
        <link:footnoteArc
          xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote"
          xlink:from="Fact004070"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact004071"
          xlink:label="Fact004071"
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        <link:footnoteArc
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          xlink:from="Fact004071"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact004072"
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        <link:footnoteArc
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          xlink:from="Fact004072"
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        <link:loc
          xlink:href="#Fact004073"
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        <link:footnoteArc
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          xlink:from="Fact004073"
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          xlink:type="arc"/>
        <link:loc
          xlink:href="#Fact004074"
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        <link:footnoteArc
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          xlink:href="#Fact004075"
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        <link:footnote id="Footnote004082" xlink:label="Footnote004082" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en-US">The capital stock is fully subscribed and paid up.</link:footnote>
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        <link:loc
          xlink:href="#Fact004078"
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        <link:footnoteArc
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        <link:loc
          xlink:href="#Fact004079"
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        <link:footnoteArc
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        <link:footnoteArc
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        <link:loc
          xlink:href="#Fact004820"
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          xlink:href="#Fact004822"
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        <link:footnoteArc
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        <link:loc
          xlink:href="#Fact004843"
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
